Auxano Expands Investments
Auxano Advisors Expands Portfolio with New Stakes in Five Major Companies
Key Points
SS&C Technologies’ stock is held overwhelmingly by institutional investors and hedge funds, with about 96.9% of shares owned by these groups.
Analyst commentary on SS&C around Auxano’s purchase included DA Davidson maintaining a Buy with a $96 target, Jefferies trimming its price target to $83 while rating the stock Buy, and Morgan Stanley reducing its objective to $78 while assigning an Equal Weight stance.
Western Copper and Gold opened at $2.43, and MarketBeat shows an average Buy rating with a target of $5.75; hedge funds own about 21.96% of WRN.
Texas Instruments shows very high institutional ownership (about 84.99%), and the company recently paid a quarterly dividend of $1.42 per share (yielding roughly 2.0%) with an ex-dividend date of July 31.
Ashland saw BlackRock take a new stake and AQR Capital Management significantly boost its position by 284.3% to 3,454,646 shares, with institutional ownership around 93.95%.
Auxano Advisors LLC opened a new position in SS&C Technologies during the second quarter of 2026, buying 9,969 shares worth about $619,000, according to Defense World. The firm also added stakes in four other companies in the same quarter, signaling a broad push into new sectors.
The moves span gold miners, semiconductors, specialty chemicals, and financial software. Combined, the five new positions total roughly $6.24 million in fresh equity. The buys were disclosed through a 13F filing with regulators.
SS&C Stake Enters a Heavily Institutional Market
SS&C Technologies is dominated by big money. About 96.9% of its shares are held by institutional investors and hedge funds, according to Defense World. Auxano's $619,000 purchase is a small slice of that crowded field.
Analyst opinions on SS&C are mixed but lean positive. DA Davidson kept a Buy rating with a $96 price target. Jefferies also rated it Buy but trimmed its target to $83. Morgan Stanley was more cautious, cutting its target to $78 and assigning an Equal Weight rating — a neutral stance.
Kinross and Western Copper Lead Auxano's Gold Bet
Auxano made its biggest single bet in gold. The firm bought 94,000 shares of Kinross Gold for about $2.22 million. It also bought 496,000 shares of Western Copper and Gold for roughly $1.11 million, per Defense World.
Western Copper and Gold opened recently at $2.43 per share. Analysts have an average Buy rating on the stock with a price target of $5.75 — more than double the current price. Hedge funds own about 21.96% of the company, according to Defense World.
Texas Instruments Buy Comes With Fresh Dividend News
Auxano picked up 4,373 shares of Texas Instruments, valued at about $1.30 million. The chip giant has very high institutional support — roughly 84.99% of shares are held by institutions, per Defense World.
Texas Instruments recently paid a quarterly dividend of $1.42 per share, yielding around 2.0%. The ex-dividend date was July 31. That means investors had to own shares before that date to collect the payout.
Ashland Purchase Joins a Wave of Institutional Activity
Auxano bought 14,847 shares of Ashland for about $978,000. It was not alone. BlackRock took a new stake in the specialty chemicals company around the same time. AQR Capital Management went even bigger, boosting its Ashland position by 284.3% to 3,454,646 shares, per Defense World.
Institutional investors now own about 93.95% of Ashland. That level of ownership shows strong confidence from professional money managers. Auxano's purchase fits into a broader pattern of institutions loading up on the stock in mid-2026.
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