Assenagon Asset Management S.A. 13F: Adds $309M to TSLA Stake

Assenagon Asset Management S.A. raised its investment in Tesla, Inc. (NasdaqGS: TSLA) during the quarter, according to a Form 13F filing with the SEC on October 15, 2026. Institutional filings look backward at portfolio activity from the previous quarter, meaning these trades took place earlier and might not reflect the fund's current holdings today.

What Changed in Assenagon Asset Management's Tesla Position

Assenagon Asset Management increased its stake by buying an additional 870,248 shares of Tesla, Inc. This represented a 26.5% increase compared to the previous quarter. The fund's total holdings reached 4,149,216 shares, with a reported value of $1,472,183,329.

Other Institutional Activity in Tesla

Other large institutional investors were also active in Tesla during the same reporting period. Blackrock Inc. grew its holdings by 6,034,568 shares, ending with 214,123,129 shares worth about $75,953,756,580. Vanguard Capital Management LLC added 1,170,261 shares to hold 184,023,551 shares valued at about $65,276,834,235. State Street Corporation lifted its stake by 2,764,093 shares, finishing with 117,456,756 shares worth approximately $41,664,260,631. Geode Capital Management, LLC grew its position by 911,247 shares to end with 68,914,720 shares valued at roughly $24,445,429,562. Invesco Ltd. increased its holdings by 581,756 shares, finishing the period with 55,464,442 shares worth about $19,674,346,933.

Tesla, Inc. Stock Down 4.0%

Tesla shares recently traded around $352.30 as of October 16, 2026. The stock sits below its 50-day moving average of $358.76 and below its 200-day moving average of $388.49. Over the past 52 weeks, the stock has traded as low as $297.38 and as high as $498.83.

Recent Earnings

Tesla reported trailing twelve-month revenue of $103,619,002,368 alongside trailing earnings per share of $1.08. The company posted a net profit margin of 3.7% and a return on equity of 4.7%, with year-over-year revenue growth reaching 25.5%. The company's next earnings report is scheduled for October 21, 2026.

Insider Buying and Selling at Tesla, Inc.

Company insiders were active in the market prior to the filing. Chief Financial Officer Vaibhav Taneja sold 2,605 shares on June 8, 2026, at an average price of $402.20 for a total value of $1,047,924. CEO Elon Musk engaged in transactions on June 16, 2026, disposing of 303,960,630 shares and acquiring 303,960,630 shares valued at $7,094,441,104.20 at a price of $23.34 per share. Vaibhav Taneja later sold another 2,605 shares on September 8, 2026, at an average price of $360.13, totaling $938,419.

Analysts Set New Price Targets

Wall Street firms updated their views on Tesla ahead of the filing. On September 28, 2026, JP Morgan maintained a Neutral rating while lowering its price target to $415.00 from $445.00. UBS maintained a Neutral rating on October 7, 2026, raising its target to $391.00 from $385.00. Tigress Financial maintained a Buy rating on October 8, 2026, keeping its price target at $550.00. Jefferies maintained a Hold rating on October 12, 2026, lifting its target to $400.00 from $350.00. GLJ Research reiterated a Sell rating with a $24.86 price target on October 15, 2026. Across 38 analyst opinions, the stock carries a consensus Buy recommendation with an average price target of $397.83.

About Tesla

Tesla, Inc. designs, builds, and sells electric vehicles, alongside energy generation and storage systems. The company operates in the automotive and energy sectors, providing electric cars, regulatory credits, maintenance services, insurance, and solar storage products. Institutional interest remains high as the company prepares for its upcoming quarterly earnings release.

Bottom Line

Investors will look toward Tesla's upcoming earnings report on October 21, 2026, for fresh details on vehicle deliveries and profit margins. Because 13F filings are historical snapshots, watching subsequent SEC filings will show whether Assenagon Asset Management continues to hold or adjust its position in the quarters ahead. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.