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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	$4,746,177	0%
2.	Pacific Ridge Capital Partners, Llc	1,835,666	$3,836,542	0.92%
3.	First Beijing Investment Ltd	1,730,156	$3,616,026	0.2%
4.	White Pine Capital Llc	860,411	$1,798,258	0.57%
5.	Blackrock, Inc.	688,514	$1,438,994	0%