Axogen Inc (AXGN) — 13F Filings Explorer (Q2 2026)

AXGN ranks #2445 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

AXGN is a top-conviction position for First Light Asset Management, LLC — at 7.7% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in AXGN belongs to BlackRock, Inc., but the position matters far more to First Light Asset Management, LLC, who has 7.7% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

BlackRock has added to its AXGN position for two straight quarters, increasing it by $82.4M to reach $204.1M today.

First Light Asset Management, LLC has trimmed its AXGN position for two straight quarters, cutting it by $44.3M while still holding $126.9M.

AXGN is down 3.2% today, but institutions show net buying of $296.2M this quarter — a divergence between today's price move and the underlying institutional flow.

AXGN reported a net loss of $33.5M over the trailing twelve months.

• Not yet profitable — net loss of $33.5M over the trailing twelve months
• Revenue grew 23.6% year over year
• Net income declined year over year, from -$4.7M to -$33.5M
• Generated $812.0K in positive operating cash flow
• Current ratio of 5.11x — enough short-term assets to cover short-term liabilities
• Liabilities run 0.72x equity — within a conventional range