Swiss Life Asset Management Boosts Axon Enterprise Stake

Institutional investor increases holding in public safety technology company

Mar. 21, 2026 at 9:19am

Swiss Life Asset Management Ltd. grew its stake in Axon Enterprise, Inc. (NASDAQ:AXON) by 23.5% in the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The fund now owns 14,153 shares of the biotechnology company's stock, valued at over $10 million.

Why it matters

Axon Enterprise is a leading provider of public safety technology, including conducted energy weapons, body-worn cameras, and digital evidence management software. The increase in institutional ownership, particularly from a respected asset manager like Swiss Life, signals ongoing investor confidence in the company's growth prospects.

The details

According to the 13F filing, Swiss Life Asset Management acquired an additional 2,694 shares of Axon Enterprise during the third quarter, bringing its total position to 14,153 shares. This represents a 23.5% increase in the firm's stake in the company. Axon Enterprise is known for its innovative public safety technology, including the TASER conducted energy weapon and its suite of connected devices and software for law enforcement and first responders.

  • Swiss Life Asset Management filed its 13F report for the third quarter of 2026 on March 21, 2026.

The players

Swiss Life Asset Management Ltd

A Swiss asset management firm that oversees over $300 billion in assets globally.

Axon Enterprise, Inc.

An American public safety technology company that develops conducted energy weapons, body-worn cameras, and digital evidence management software for law enforcement and first responders.

Got photos? Submit your photos here. ›

The takeaway

The increase in Swiss Life Asset Management's stake in Axon Enterprise suggests continued institutional investor confidence in the company's growth potential within the public safety technology market. Axon's innovative product offerings and subscription-based software platform have made it a leader in the industry.