13FPulse
AX

AXGN AXOGEN INC

2026Q2 · CUSIP 05463X106 · Sector: Healthcare & Biotech

Piling in

Net holder growth ranks near the top of the market

Funds that own it
249
Institutions that reported holding it to the SEC
Net increase in holders
+30
Last quarter 219 → now 249
How unusual is that
Top 20%
Stronger buying than 89% of US stocks
What the filings say, in one paragraph

249 funds held AXGN at the end of 2026Q2, up 30 from the quarter before. That is stronger buying than 89.4% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $251M(YoY +23.6%), return on equity is -13.1%. AXGN has had 8 buying rushes in its history, and the price moved -5.1% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Healthcare & Biotech sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=24 2013Q4: holders=26 2014Q1: holders=24 2014Q2: holders=23 2014Q3: holders=25 2014Q4: holders=28 2015Q1: holders=32 2015Q2: holders=30 2015Q3: holders=37 2015Q4: holders=49 2016Q1: holders=55 2016Q2: holders=66 2016Q3: holders=74 2016Q4: holders=87 2017Q1: holders=91 2017Q2: holders=101 2017Q3: holders=103 2017Q4: holders=127 2018Q1: holders=147 2018Q2: holders=177 2018Q3: holders=163 2018Q4: holders=146 2019Q1: holders=139 2019Q2: holders=134 2019Q3: holders=125 2019Q4: holders=124 2020Q1: holders=114 2020Q2: holders=113 2020Q3: holders=121 2020Q4: holders=120 2021Q1: holders=121 2021Q2: holders=128 2021Q3: holders=123 2021Q4: holders=132 2022Q1: holders=132 2022Q2: holders=111 2022Q3: holders=125 2022Q4: holders=136 2023Q1: holders=130 2023Q2: holders=134 2023Q3: holders=117 2023Q4: holders=123 2024Q1: holders=120 2024Q2: holders=125 2024Q3: holders=156 2024Q4: holders=171 2025Q1: holders=179 2025Q2: holders=155 2025Q3: holders=171 2025Q4: holders=208 2026Q1: holders=219 2026Q2: holders=249 -37 -18.5 +0 +18.5 +37 20141262 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 8 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 20%
2025Q4 Top 20% +21.9%
2024Q3 Top 10% +40.6% -14.5%
2022Q3 Top 10% -25.8% -21.0%
2018Q2 Top 10% -10.1% -50.7%
2018Q1 Top 10% -15.7% -24.2%
2017Q2 Top 20% +61.6% +78.5%
2015Q3 Top 20% -5.2% +1.5%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
141
Change in large funds
+27
Total value they hold
$2.4B
Funds buying for the first time
53
Funds that sold out entirely
23
Price change that quarter
+22.7%
Funds holding puts (bearish)
1
Funds holding calls (bullish)
3

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
EPS (TTM)
$-0.68
EPS YoY
Revenue (TTM)
$0.3B
Revenue YoY
+23.6%
Net margin
-13.4%
ROE
-13.1%
Debt ratio
15.9%
FCF (TTM)
$9M
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2022-09-30: EPS -0.10 2022-12-31: EPS -0.14 2023-03-31: EPS -0.17 2023-06-30: EPS -0.16 2023-09-30: EPS -0.10 2023-12-31: EPS -0.08 2024-03-31: EPS -0.15 2024-06-30: EPS -0.04 2024-09-30: EPS -0.04 2024-12-31: EPS 0.00 2025-03-31: EPS -0.08 2025-06-30: EPS 0.01 2025-09-30: EPS 0.01 2025-12-31: EPS -0.28 2026-03-31: EPS -0.38 2026-06-30: EPS -0.03 0M 35M 70M $M -0.42 -0.20 0.01 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

Quarterly free cash flow
-16M-4M8M 20162017201820192020202120222023202420252026
Latest quarter $-1M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.