Vault-13

AXON ENTERPRISE INC AXON 0.5 12.15.27

NOTE 0.500%12/1 · US DOMESTIC · CUSIP 05464CAB7

48 institutional holders -1 vs Q1 2025
5,880,9285.9m shares reported held*
$903.6mreported value*
4 new 12 added 20 reduced 5 sold out net sold ≈ $9.6m (-1.2m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $153.65.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q4 23: 48Q1 24: 69Q2 24: 64Q3 24: 56Q4 24: 58Q1 25: 49Q2 25: 4848Q4 23Q2 24Q4 24Q2 25
Numbers
QuarterHolders
Q4 202348
Q1 202469
Q2 202464
Q3 202456
Q4 202458
Q1 202549
Q2 202548

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q1 24: 42 bought or addedQ1 24: 24 cut or sold outQ1 24Q2 24: 31 bought or addedQ2 24: 34 cut or sold outQ2 24Q3 24: 14 bought or addedQ3 24: 36 cut or sold outQ3 24Q4 24: 16 bought or addedQ4 24: 38 cut or sold outQ4 24Q1 25: 13 bought or addedQ1 25: 39 cut or sold outQ1 25Q2 25: 16 bought or addedQ2 25: 25 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q1 20244224
Q2 20243134
Q3 20241436
Q4 20241638
Q1 20251339
Q2 20251625

Biggest buyers

Polar Asset Management Partners Inc. Added +17,146,000+17.1m
Parallax Volatility Advisers, L.P. New +10,000,000+10.0m
Thrivent Financial for Lutherans New +6,591,000+6.6m
BANK OF AMERICA CORP /DE/ Added +5,889,000+5.9m
BNP PARIBAS FINANCIAL MARKETS Added +2,583,000+2.6m
BARCLAYS PLC Added +1,960,000+2.0m
MORGAN STANLEY Added +1,623,000+1.6m
Warberg Asset Management LLC Added +1,154,000+1.2m
BANK OF NOVA SCOTIA Added +769,729+769.7k
JPMORGAN CHASE & CO Added +567,000+567.0k

Biggest sellers

FRANKLIN RESOURCES INC Reduced -22,435,000-22.4m
VOYA INVESTMENT MANAGEMENT LLC Reduced -7,410,000-7.4m
LORD, ABBETT & CO. LLC Reduced -5,301,000-5.3m
Sculptor Capital LP Sold out -5,000,000-5.0m
Mint Tower Capital Management B.V. Sold out -2,700,000-2.7m
Calamos Advisors LLC Reduced -1,959,000-2.0m
ADVENT CAPITAL MANAGEMENT /DE/ Sold out -1,209,000-1.2m
AXA S.A. Reduced -930,000-930.0k
TWO SIGMA INVESTMENTS, LP Reduced -842,000-842.0k
Universal- Beteiligungs- und Servicegesellschaft mbH Reduced -632,000-632.0k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Polar Asset Management Partners Inc. 3.81% of their portfolio TORONTO, A6 42,263,00042.3m $153.1m $153.1m 3.81% Added +17.1m +17,146,000
2 Calamos Advisors LLC 0.59% of their portfolio NAPERVILLE, IL 37,769,00037.8m $136.8m $136.8m 0.59% Reduced -2.0m -1,959,000
3 BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio PARIS, I0 13,712,00013.7m $49.7m $49.7m 0.04% Added +2.6m +2,583,000
4 FMR LLC 0.00% of their portfolio BOSTON, MA 13,466,00013.5m $48.8m $48.8m 0.00% Reduced -159.0k -159,000
5 TWO SIGMA INVESTMENTS, LP 0.08% of their portfolio NEW YORK, NY 11,962,00012.0m $43.4m $43.4m 0.08% Reduced -842.0k -842,000
6 Parallax Volatility Advisers, L.P. 1.45% of their portfolio San Francisco, CA 10,000,00010.0m $36.3m $36.3m 1.45% New
7 LORD, ABBETT & CO. LLC 0.12% of their portfolio JERSEY CITY, NJ 9,931,0009.9m $36.0m $36.0m 0.12% Reduced -5.3m -5,301,000
8 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 7,716,0007.7m $28.0m $28.0m 0.01% Reduced -22.4m -22,435,000
9 VOYA INVESTMENT MANAGEMENT LLC 0.03% of their portfolio ATLANTA, GA 7,410,0007.4m $26.9m $26.9m 0.03% Reduced -7.4m -7,410,000
10 Thrivent Financial for Lutherans 0.05% of their portfolio Minneapolis, MN 6,591,0006.6m $23.9m $23.9m 0.05% New
11 Warberg Asset Management LLC 5.59% of their portfolio WINNETKA, IL 6,285,0006.3m $22.8m $22.8m 5.59% Added +1.2m +1,154,000
12 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 5,896,6005.9m $21.4m $21.4m 0.00% Added +5.9m +5,889,000
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 5,500,0005.5m $19.9m $19.9m 0.00% Reduced -250.0k -250,000
14 BANK OF NOVA SCOTIA 0.04% of their portfolio TORONTO, A6 5,335,0005.3m $19.4m $19.4m 0.04% Added +769.7k +769,729
15 Man Group plc 0.02% of their portfolio LONDON, X0 2,996,0003.0m $10.9m $10.9m 0.02% Unchanged
16 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.03% of their portfolio Paris, I0 2,900,0002.9m $10.5m $10.5m 0.03% Reduced -500.0k -500,000
17 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,833,0002.8m $10.3m $10.3m 0.00% Reduced -325.0k -325,000
18 OFI INVEST ASSET MANAGEMENT 0.21% of their portfolio ISSY LES MOULINEAUX, I0 2,800,0002.8m $8.6m $8.6m 0.21% Reduced -600.0k -600,000
19 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 2,185,0002.2m $7.9m $7.9m 0.00% Added +2.0m +1,960,000
20 SSI INVESTMENT MANAGEMENT LLC 0.56% of their portfolio Los Angeles, CA 2,181,0002.2m $7.9m $7.9m 0.56% Reduced -104.0k -104,000
21 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,154,0002.2m $7.8m $7.8m 0.00% Added +1.6m +1,623,000
22 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,589,0001.6m $5.8m $5.8m 0.00% Added +567.0k +567,000
23 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 1,131,0001.1m $4.1m $4.1m 0.00% Unchanged
24 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 979,000979.0k $3.5m $3.5m 0.00% Added +455.0k +455,000
25 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 850,000850.0k $3.1m $3.1m 0.01% Reduced -325.0k -325,000
26 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 675,000675.0k $2.4m $2.4m 0.00% Reduced -632.0k -632,000
27 AXA S.A. 0.01% of their portfolio PARIS, I0 670,000670.0k $2.4m $2.4m 0.01% Reduced -930.0k -930,000
28 Amundi 0.00% of their portfolio Paris, I0 550,000550.0k $1.9m $1.9m 0.00% Reduced -600.0k -600,000
29 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 512,000512.0k $1.9m $1.9m 0.00% Added +9.0k +9,000
30 Quaero Capital S.A. 2.27% of their portfolio GENEVE, V8 500,000500.0k $1.8m $1.8m 2.27% Unchanged
31 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 410,000410.0k $1.5m $1.5m 0.00% Added +300.0k +300,000
32 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 388,000388.0k $1.4m $1.4m 0.00% New
33 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 294,000294.0k $1.1m $1.1m 0.00% Unchanged
34 PALISADE CAPITAL MANAGEMENT, LP 0.03% of their portfolio FORT LEE, NJ 250,000250.0k $906.6k $906.6k 0.03% Reduced -130.0k -130,000
35 Calamos Wealth Management LLC 0.03% of their portfolio NAPERVILLE, IL 165,000165.0k $597.7k $597.7k 0.03% Reduced -50.0k -50,000
36 Central Pacific Bank - Trust Division 0.06% of their portfolio HONOLULU, HI 127,000127.0k $460.7k $460.7k 0.06% Unchanged
37 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 100,000100.0k $362.8k $362.8k 0.00% Reduced -100.0k -100,000
38 NOMURA HOLDINGS INC 0.30% of their portfolio TOKYO, M0 44,81844.8k $37.1m $37.1m 0.30% Reduced -35.5k -35,475
39 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 33,00033.0k $119.0k $119.0k 0.00% Unchanged
40 Boussard & Gavaudan Investment Management LLP 12.23% of their portfolio London, X0 26,54126.5k $95.2m $95.2m 12.23% Added +11.8k +11,831
41 VIRTUS ADVISERS, LLC 0.02% of their portfolio HARTFORD, CT 10,00010.0k $36.3k $36.3k 0.02% Unchanged
42 LOOMIS SAYLES & CO L P 0.01% of their portfolio BOSTON, MA 8,5698.6k $7.1m $7.1m 0.01% Reduced -962 -962
43 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 7,0007.0k $25.4k $25.4k 0.00% New
44 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 3,0003.0k $10.9k $10.9k 0.00% Unchanged
45 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,5001.5k $5.4k $5.4k 0.00% Unchanged
46 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 1,0001.0k $3.6k $3.6k 0.00% Unchanged
47 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 1,0001.0k $362.8k $362.8k 0.00% Unchanged
48 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged