Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Axos Financial Inc (AX)

377 + Investors. Track Smart Money conviction in AX. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +7
Streak
4Q ▲
Buyers last Q
53%

Smart Money Signals — AX

Based on 381 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added AX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
381 hedge funds hold AX right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +11% more funds vs a year ago

fund count last 6Q
+37 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 53% buying

197 buying178 selling
Last quarter: 197 funds bought or added vs 178 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~52 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 53 → 52 → 51 → 52. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

56% of holders stayed for 2+ years

■ 56% conviction (2yr+) ■ 24% medium ■ 19% new
215 out of 381 hedge funds have held AX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~52 new funds/quarter

43 → 53 → 52 → 51 → 52 new funds/Q
New funds entering each quarter: 53 → 52 → 51 → 52. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 61% veterans vs 27% newcomers

■ 61% veterans ■ 12% 1-2yr ■ 27% new
Entry-cohort mix of 389 holders: 239 (61%) are 2+ year veterans, 46 entered 1–2 years ago, and 104 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 43% AUM from top-100 funds

43% from top-100 AUM funds
51 of 378 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in AX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — AX

In 2026 Q1, 197 hedge funds were net buyers of AX (52 opened a new position, 145 added to an existing one), while 178 reduced or exited (133 trimmed, 45 sold completely) — a 53% buyer ratio, indicating a slight buying edge. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 43% of total institutional value in AX is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +7 funds (more new holders than closures). Total institutional holders: 381.

Hedge Fund Ownership: AX

How many hedge funds hold AX — quarterly history vs. share price
Quarterly hedge fund ownership of AX vs. share price

Market Analysis: AX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: AX

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Axos Financial Inc (AX) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much AX has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 87d ago
AX
+13.2%
XLF
+9.2%

AX outperformed XLF by +4.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 42d ago
AX
+15.8%
XLF
+5.5%

Since the filing became public, AX outperformed XLF by +10.3% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

27 top-rated funds 4 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
3.7
/ 10
conviction
Hedge Fund Positioning: AX
377 + Investors

Track Smart Money conviction in AX. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 377 374 0.8%
13F Shares 48M 46M 2.58%
Total Value $3.98B $3.99B -0.28%
New Positions 50 51 -1
Increased Positions 142 140 +2
Closed Positions 47 48 -1
Reduced Positions 130 128 +2
Total Calls 6 6 -
Total Puts 5 6 -16.67%
PUT/CALL Ratio 0.83 1.0 Neutral

Statistics: AX

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

377 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in AX. Verified SEC 13F-HR filings.

QUARTER:
Top 25 AX holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Shaker Investments LLC/Oh 14.28% 368,712 $31.4M
2 PMC FIG Opportunities LLC 7.75% 59,280 $5.0M
3 Kestrel Investment Management Corp 4.83% 95,150 $8.1M
4 Ategra Capital Management, LLC 4.81% 113,765 $9.7M
5 Stieven Capital Advisors, L.P. 4.38% 240,745 $20.5M
6 Ccg Wealth Management, LLC 3.76% 162,896 $13.9M
7 Davis Asset Management, L.P. 3.59% 1,535,219 $124.0M
8 Gator Capital Management, LLC 3.25% 186,840 $15.9M
9 Philadelphia Financial Management of San Francisco, LLC 2.17% 88,200 $7.5M
10 Orchard Capital Management, LLC 1.97% 22,208 $1.9M
11 Militia Capital Management LLC 1.92% 100,000 $8.5M
12 Pembroke Management, LTD 1.83% 148,591 $12.6M
13 Emerald Mutual Fund Advisers Trust 1.39% 336,740 $28.7M
14 S&T Bank/Pa 1.35% 42,514 $3.6M
15 Emerald Advisers, LLC 1.34% 496,232 $42.2M
16 Formula Growth Ltd 1.18% 30,624 $2.6M
17 Geneva Capital Management LLC 1.10% 608,081 $51.7M
18 Bragg Financial Advisors, Inc 0.96% 355,868 $30.3M
19 Persistent Asset Partners Ltd 0.74% 23,326 $2.0M
20 Osterweis Capital Management Inc 0.72% 163,740 $13.9M
21 Empirical Finance, LLC 0.71% 178,281 $15.2M
22 Ridgewood Investments LLC 0.63% 18,051 $1.5M
23 Yorktown Management & Research Co Inc 0.43% 6,000 $511K
24 Kennedy Capital Management LLC 0.42% 231,387 $19.7M
25 Renaissance Group LLC 0.40% 113,384 $9.6M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Axos Financial Inc (AX)

What does the Smart Money Trend signal show for AX?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added AX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for AX?

Slight buying edge — 53% buying: Last quarter: 197 funds bought or added vs 178 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for AX holders?

Elite ownership — 43% AUM from top-100 funds: 51 of 378 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in AX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held AX?

56% of holders stayed for 2+ years: 215 out of 381 hedge funds have held AX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Axos Financial Inc (AX) following the 2026 Q1 hedge fund 13F filings?

As of today, AX has moved +15.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.5% for the XLF sector ETF — an outperformance of +10.3%. Since the quarter end (March 31, 2026), AX has gained +13.2% vs +9.2% for XLF. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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