Who owns AX (AX)
Which tracked institutional funds hold AX, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See AX company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
70 tracked funds added or opened AX while 83 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
AX’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes AX more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in AX divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 382 tracked filers holding AX, 192 increased or opened the position and 178 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in AX between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 16
- VANGUARD PORTFOLIO MANAGEMENT LLC$263M
- VANGUARD CAPITAL MANAGEMENT LLC$209M
- VANGUARD FIDUCIARY TRUST CO$31M
- Militia Capital Management LLC$9M
- Philadelphia Financial Management of San Francisco, LLC$8M
- FIL Ltd$7M
Full exits 19
- VANGUARD GROUP INC$500M
- MILLENNIUM MANAGEMENT LLC$12M
- Brandywine Global Investment Management, LLC$11M
- Militia Capital Partners, LP$9M
- B. Riley Wealth Advisors, Inc.$4M
- AlphaQuest LLC$4M
Largest adds
- FMR LLC$46M
- WELLINGTON MANAGEMENT GROUP LLP$26M
- FRANKLIN RESOURCES INC$25M
- Invesco Ltd.$24M
- GEODE CAPITAL MANAGEMENT, LLC$14M
- CCG WEALTH MANAGEMENT, LLC$13M
Largest trims
- BlackRock, Inc.$69M
- Nuveen, LLC$14M
- ALGERT GLOBAL LLC$14M
- Pembroke Management, LTD$12M
- Edgestream Partners, L.P.$12M
- KENNEDY CAPITAL MANAGEMENT LLC$7M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 7,619,110 | $648M | 14.8% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 3,090,775 | $263M | 6.0% | 2026-Q1 |
| STATE STREET CORP added | 2,816,697 | $240M | 5.5% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 2,510,407 | $214M | 4.9% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 2,454,074 | $209M | 4.8% | 2026-Q1 |
| FMR LLC added | 2,432,682 | $207M | 4.7% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 2,177,003 | $185M | 4.2% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,958,430 | $169M | 3.8% | 2026-Q1 |
| Davis Asset Management, L.P. added | 1,535,219 | $124M | 2.8% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP added | 837,853 | $71M | 1.6% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 754,994 | $64M | 1.5% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 732,081 | $62M | 1.4% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 708,489 | $60M | 1.4% | 2026-Q1 |
| NORTHERN TRUST CORP added | 684,712 | $58M | 1.3% | 2026-Q1 |
| WASATCH ADVISORS LP trimmed | 616,381 | $52M | 1.2% | 2026-Q1 |
| GENEVA CAPITAL MANAGEMENT LLC trimmed | 608,081 | $52M | 1.2% | 2026-Q1 |
| MORGAN STANLEY trimmed | 543,627 | $46M | 1.1% | 2026-Q1 |
| EMERALD ADVISERS, LLC trimmed | 496,232 | $42M | 1.0% | 2026-Q1 |
| Invesco Ltd. added | 487,977 | $42M | 0.9% | 2026-Q1 |
| Allspring Global Investments Holdings, LLC added | 432,739 | $37M | 0.8% | 2026-Q1 |
| Boston Partners added | 413,152 | $35M | 0.8% | 2026-Q1 |
| 1832 Asset Management L.P. added | 379,784 | $32M | 0.7% | 2026-Q1 |
| SHAKER INVESTMENTS LLC/OH trimmed | 368,712 | $31M | 0.7% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 368,667 | $31M | 0.7% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 368,241 | $31M | 0.7% | 2026-Q1 |
| Bragg Financial Advisors, Inc added | 355,868 | $30M | 0.7% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 353,951 | $30M | 0.7% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 353,689 | $30M | 0.7% | 2026-Q1 |
| EMERALD MUTUAL FUND ADVISERS TRUST trimmed | 336,740 | $29M | 0.7% | 2026-Q1 |
| UBS Group AG added | 301,816 | $26M | 0.6% | 2026-Q1 |
| LOOMIS SAYLES & CO L P trimmed | 298,514 | $25M | 0.6% | 2026-Q1 |
| Public Sector Pension Investment Board added | 289,060 | $25M | 0.6% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 262,853 | $22M | 0.5% | 2026-Q1 |
| Nuveen, LLC trimmed | 250,394 | $21M | 0.5% | 2026-Q1 |
| Stieven Capital Advisors, L.P. trimmed | 240,745 | $20M | 0.5% | 2026-Q1 |
| KENNEDY CAPITAL MANAGEMENT LLC trimmed | 231,387 | $20M | 0.4% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 228,366 | $19M | 0.4% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 221,656 | $19M | 0.4% | 2026-Q1 |
| Empowered Funds, LLC added | 216,366 | $18M | 0.4% | 2026-Q1 |
| ALGERT GLOBAL LLC trimmed | 191,844 | $16M | 0.4% | 2026-Q1 |
| Gator Capital Management, LLC added | 186,840 | $16M | 0.4% | 2026-Q1 |
| Squarepoint Ops LLC added | 180,407 | $15M | 0.3% | 2026-Q1 |
| Empirical Finance, LLC added | 178,281 | $15M | 0.3% | 2026-Q1 |
| First Eagle Investment Management, LLC added | 164,612 | $14M | 0.3% | 2026-Q1 |
| OSTERWEIS CAPITAL MANAGEMENT INC added | 163,740 | $14M | 0.3% | 2026-Q1 |
| CCG WEALTH MANAGEMENT, LLC added | 162,896 | $14M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 156,373 | $13M | 0.3% | 2026-Q1 |
| Pembroke Management, LTD trimmed | 148,591 | $13M | 0.3% | 2026-Q1 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 143,781 | $12M | 0.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 143,565 | $12M | 0.3% | 2026-Q1 |
| Brevan Howard Capital Management LP added | 135,129 | $11M | 0.3% | 2026-Q1 |
| ROYCE & ASSOCIATES LP added | 134,616 | $11M | 0.3% | 2026-Q1 |
| Legal & General Group Plc trimmed | 126,615 | $11M | 0.2% | 2026-Q1 |
| Cerity Partners LLC added | 125,212 | $11M | 0.2% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 122,888 | $10M | 0.2% | 2026-Q1 |
| PRUDENTIAL FINANCIAL INC added | 121,998 | $10M | 0.2% | 2026-Q1 |
| Ategra Capital Management, LLC trimmed | 113,765 | $10M | 0.2% | 2026-Q1 |
| RENAISSANCE GROUP LLC added | 113,384 | $10M | 0.2% | 2026-Q1 |
| Swiss National Bank added | 106,400 | $9M | 0.2% | 2026-Q1 |
| Militia Capital Management LLC new | 100,000 | $9M | 0.2% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 98,217 | $8M | 0.2% | 2026-Q1 |
| KESTREL INVESTMENT MANAGEMENT CORP trimmed | 95,150 | $8M | 0.2% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 94,671 | $8M | 0.2% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC added | 94,637 | $8M | 0.2% | 2026-Q1 |
| ARGENT CAPITAL MANAGEMENT LLC added | 93,929 | $8M | 0.2% | 2026-Q1 |
| WCM INVESTMENT MANAGEMENT, LLC added | 95,366 | $8M | 0.2% | 2026-Q1 |
| Philadelphia Financial Management of San Francisco, LLC new | 88,200 | $8M | 0.2% | 2026-Q1 |
| CI INVESTMENTS INC. trimmed | 85,017 | $7M | 0.2% | 2026-Q1 |
| FIL Ltd trimmed | 85,000 | $7M | 0.2% | 2026-Q1 |
| BESSEMER GROUP INC added | 84,354 | $7M | 0.2% | 2026-Q1 |
| LORD, ABBETT & CO. LLC trimmed | 79,997 | $7M | 0.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 77,537 | $7M | 0.2% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 68,790 | $6M | 0.1% | 2026-Q1 |
| BOOTHBAY FUND MANAGEMENT, LLC added | 67,780 | $6M | 0.1% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 66,030 | $6M | 0.1% | 2026-Q1 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 63,455 | $5M | 0.1% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 63,111 | $5M | 0.1% | 2026-Q1 |
| LGT Fund Management Co Ltd. | 62,450 | $5M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 62,401 | $5M | 0.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 62,145 | $5M | 0.1% | 2026-Q1 |
| PMC FIG Opportunities LLC added | 59,280 | $5M | 0.1% | 2026-Q1 |
| Quantinno Capital Management LP added | 56,525 | $5M | 0.1% | 2026-Q1 |
| CITIGROUP INC trimmed | 55,702 | $5M | 0.1% | 2026-Q1 |
| TCW GROUP INC trimmed | 53,520 | $5M | 0.1% | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed | 51,756 | $4M | 0.1% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 51,578 | $4M | 0.1% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 48,094 | $4M | 0.1% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 47,450 | $4M | 0.1% | 2026-Q1 |
| CANADA LIFE ASSURANCE Co trimmed | 46,520 | $4M | 0.1% | 2026-Q1 |
| Thrivent Financial for Lutherans trimmed | 45,926 | $4M | 0.1% | 2026-Q1 |
| Livforsakringsbolaget Skandia, Omsesidigt added | 44,700 | $4M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 5,807,314 | $500M | 11.4% | 2025-Q4 stale |
| JARISLOWSKY, FRASER Ltd trimmed | 382,183 | $32M | 0.7% | 2025-Q3 stale |
| NORGES BANK trimmed | 308,611 | $17M | 0.4% | 2025-Q1 stale |
| Voss Capital, LP added | 207,704 | $13M | 0.3% | 2025-Q1 stale |
| MILLENNIUM MANAGEMENT LLC trimmed | 144,837 | $12M | 0.3% | 2025-Q4 stale |
| Brandywine Global Investment Management, LLC trimmed | 125,371 | $11M | 0.2% | 2025-Q4 stale |
| Militia Capital Partners, LP added | 100,000 | $9M | 0.2% | 2025-Q4 stale |
| AXA S.A. | 84,600 | $6M | 0.1% | 2025-Q2 stale |
| Redwood Investments, LLC added | 90,716 | $6M | 0.1% | 2025-Q1 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.