SANDS CAPITAL MANAGEMENT, LLC

Position in AXON — Axon Enterprise, Inc.

CIK 1020066 ARLINGTON, VA

Position in AXON

as of Jun 30, 2026 · filed Aug 13, 2026 Compact

Position Value

$830,160,818

+$165,731,615 QoQ

Shares Held

1,480,817

-5.3% QoQ

Ownership

1.82%

of shares outstanding

% of Portfolio

3.10%

of 13F equity value

Holder Rank

#12

of 1,113 holders

Holding Since

Mar 2023

14 quarters on record

Voting authority Sole 78% Shared 0% None 22%

Industrials · as of Jun 30, 2026

SANDS CAPITAL MANAGEMENT, LLC holds $1,407,116,275 across 5 Aerospace & Defense names. AXON ranks #1 (59.0% of the industry book) .

#	Ticker	Company	Shares	Value (USD)
1	AXON	Axon Enterprise, Inc. This page	1,480,817	$830,160,818
2	SPCX	Space Exploration Technologies Corp	2,276,744	$389,004,479
3	TDG	TransDigm Group INC	89,669	$119,442,694
4	WWD	Woodward, Inc.	153,660	$65,373,110
5	AVAV	AeroVironment Inc	18,993	$3,135,174

14 filing rows on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-06-30	$830,160,818	1,480,817	-5.3%	Shares	Sole	2026-08-13
2026-03-31	$664,429,203	1,564,504	-2.8%	Shares	Sole	2026-05-08
2025-12-31	$914,046,987	1,609,436	+11.6%	Shares	Sole	2026-02-13
2025-09-30	$1,035,081,595	1,442,341	-10.5%	Shares	Sole	2025-11-13
2025-06-30	$1,334,055,582	1,611,295	-15.2%	Shares	Sole	2025-08-13
2025-03-31	$999,211,380	1,899,822	-3.9%	Shares	Sole	2025-05-14
2024-12-31	$1,175,110,899	1,977,236	-6.3%	Shares	Sole	2025-02-13
2024-09-30	$843,293,062	2,110,343	-17.6%	Shares	Sole	2024-11-13
2024-06-30	$753,163,774	2,559,692	+1.2%	Shares	Sole	2024-08-13
2024-03-31	$791,615,810	2,530,094	-3.7%	Shares	Sole	2024-05-14
2023-12-31	$679,059,671	2,628,652	+0.6%	Shares	Sole	2024-02-13
2023-09-30	$519,822,571	2,612,305	+31.1%	Shares	Sole	2023-11-14
2023-06-30	$388,898,745	1,993,126	+101.6%	Shares	Sole	2023-08-15
2023-03-31	$222,279,964	988,570	—	Shares	Sole	2023-05-12
No filing history on record for this holder in this stock.