Frank Sands's AXON Position Overview
Frank Sands (via Sands Capital Management, LLC) currently holds 1.61 M shares of Axon Enterprise, Inc. (AXON) worth $914.05 M, representing 2.78% of the portfolio. First purchased in 2023-Q1, this medium-term investment has been held for 12 quarters.
Based on 13F filings, Frank Sands has maintained a strategic position in AXON, demonstrating sustained confidence in this investment. Largest addition occurred in Q2 2023, adding 1 M shares. Largest reduction occurred in Q3 2024, reducing 449,349 shares.
Analysis based on 13F filings available since 2013 Q2
Frank Sands's Axon Enterprise (AXON) Holding Value Over Time
Track share changes against reported price movement
Quarterly Axon Enterprise (AXON) Trades by Frank Sands
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +167,095 | Add 11.58% | 1.61 M | $567.93 |
| Q3 2025 | -168,954 | Reduce 10.49% | 1.44 M | $717.64 |
| Q2 2025 | -288,527 | Reduce 15.19% | 1.61 M | $827.94 |
| Q1 2025 | -77,414 | Reduce 3.92% | 1.9 M | $525.95 |
| Q4 2024 | -133,107 | Reduce 6.31% | 1.98 M | $594.32 |
| Q3 2024 | -449,349 | Reduce 17.55% | 2.11 M | $399.60 |
| Q2 2024 | +29,598 | Add 1.17% | 2.56 M | $294.24 |
| Q1 2024 | -98,558 | Reduce 3.75% | 2.53 M | $312.88 |
| Q4 2023 | +16,347 | Add 0.63% | 2.63 M | $258.33 |
| Q3 2023 | +619,179 | Add 31.07% | 2.61 M | $198.99 |
| Q2 2023 | +1 M | Add 101.62% | 1.99 M | $195.12 |
| Q1 2023 | +988,570 | New Buy | 988,570 | $224.85 |
Frank Sands's Axon Enterprise Investment FAQs
Frank Sands first purchased Axon Enterprise, Inc. (AXON) in Q1 2023, acquiring 988,570 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Frank Sands has held Axon Enterprise, Inc. (AXON) for 12 quarters since Q1 2023.
Frank Sands's largest addition to Axon Enterprise, Inc. (AXON) was in Q2 2023, adding 1,993,126 shares worth $388.9 M.
According to the latest 13F filing for Q4 2025, Frank Sands's firm, Sands Capital Management, LLC, owns 1,609,436 shares of Axon Enterprise, Inc. (AXON), valued at approximately $914.05 M.
As of the Q4 2025 filing, Axon Enterprise, Inc. (AXON) represents approximately 2.78% of Frank Sands's publicly disclosed stock portfolio, making it one of their key holdings.
Frank Sands's peak holding in Axon Enterprise, Inc. (AXON) was 2,628,652 shares, as reported at the end of Q4 2023.