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AXON

Axon Enterprise

686 hedge funds and large institutions have $15.5B invested in Axon Enterprise in 2023 Q4 according to their latest regulatory filings, with 141 funds opening new positions, 238 increasing their positions, 215 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

262% more first-time investments, than exits

New positions opened: 141 | Existing positions closed: 39

32% more capital invested

Capital invested by funds: $11.7B → $15.5B (+$3.79B)

16% more funds holding

Funds holding: 590686 (+96)

11% more repeat investments, than reductions

Existing positions increased: 238 | Existing positions reduced: 215

1.54% more ownership

Funds ownership: 78.66%80.2% (+1.5%)

0% more funds holding in top 10

Funds holding in top 10: 1212 (0)

10% less call options, than puts

Call options by funds: $359M | Put options by funds: $398M

Holders
686
Holders Change
+96
Holders Change %
+16.27%
% of All Funds
10%
Holding in Top 10
12
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.17%
New
141
Increased
238
Reduced
215
Closed
39
Calls
$359M
Puts
$398M
Net Calls
-$38.7M
Net Calls Change
-$41.4M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$2.15B +$55M +244,111 +3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.05B +$9.11M +40,435 +0.5%
State Street
3
State Street
Massachusetts
$765M +$22.1M +97,982 +3%
Sands Capital Management
4
Sands Capital Management
Virginia
$679M +$3.68M +16,347 +0.6%
Capital International Investors
5
Capital International Investors
California
$642M -$83.3M -369,697 -13%
Franklin Resources
6
Franklin Resources
California
$488M +$41.8M +185,454 +11%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$464M -$35.8M -158,999 -8%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$428M +$8.62M +38,233 +2%
Invesco
9
Invesco
Georgia
$384M +$14.1M +62,713 +4%
Morgan Stanley
10
Morgan Stanley
New York
$367M +$175M +775,916 +120%
William Blair Investment Management
11
William Blair Investment Management
Illinois
$261M -$79.8M -354,171 -26%
BC
12
Broadwood Capital
New York
$196M
Norges Bank
13
Norges Bank
Norway
$195M +$3.01M +13,342 +2%
Westfield Capital Management
14
Westfield Capital Management
Massachusetts
$189M +$8.01M +35,528 +5%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$179M -$7.88M -34,951 -5%
Fidelity Investments
16
Fidelity Investments
Massachusetts
$166M +$18.8M +83,362 +15%
Northern Trust
17
Northern Trust
Illinois
$155M -$7.27M -32,283 -5%
AllianceBernstein
18
AllianceBernstein
Tennessee
$151M -$11.1M -49,077 -8%
Charles Schwab
19
Charles Schwab
California
$150M +$3.57M +15,840 +3%
Janus Henderson Group
20
Janus Henderson Group
United Kingdom
$146M -$29.4M -130,683 -19%
CCA
21
Conestoga Capital Advisors
Pennsylvania
$137M -$439K -1,950 -0.4%
N
22
Nuveen
North Carolina
$135M +$21.5M +95,401 +22%
ZCI
23
Zevenbergen Capital Investments
Washington
$134M +$1.02M +4,511 +0.9%
SIMG
24
Stephens Investment Management Group
Texas
$133M -$2.97M -13,196 -2%
Lord, Abbett & Co
25
Lord, Abbett & Co
New Jersey
$132M -$2.94M -13,028 -2%

AXON Hedge Fund Activity: Q4 2023 in Review

686 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Axon Enterprise (AXON) for Q4 2023, worth a combined $15.5B — up 32% from $11.7B a quarter earlier.

Buyers outnumbered sellers: 141 funds opened new AXON positions and 39 closed out — a net gain of 102 holders — while 238 added to existing stakes and 215 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $175M. The largest seller was Capital International Investors, cutting an estimated $83.3M.

  • 686 institutional investors held Axon Enterprise (AXON) as of Q4 2023, up from 590 in Q3 2023.
  • Funds reported $15.5B of Axon Enterprise stock for Q4 2023, up 32% quarter-over-quarter.
  • 141 funds opened new Axon Enterprise positions in Q4 2023 and 39 closed out, a net change of +102 holders.
  • The largest Axon Enterprise buyer in Q4 2023 was Morgan Stanley, an estimated $175M added.
  • The largest Axon Enterprise seller in Q4 2023 was Capital International Investors, an estimated $83.3M sold.

Based on aggregated 13F filings for Q4 2023.