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Axt Inc (AXTI)

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Institutional Investors' Holdings

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No.	Name	Shares	Value	% Port
1.	Vanguard Group Inc	2,270,898	$4,927,848	0%
2.	Pacific Ridge Capital Partners, Llc	1,937,424	$4,204,210	0.96%
3.	Systematic Financial Management Lp	1,551,380	$3,366,491	0.08%
4.	Needham Investment Management Llc	1,418,100	$3,077,277	0.23%
5.	Kennedy Capital Management, Inc.	915,460	$1,986,548	0.04%