ANT shares: your questions, answered
Everything Australians ask about buying and holding Anthropic shares, in one place. General information only, not advice.
Buying ANT
What is Anthropic's ticker?
ANT, on the Nasdaq Global Select Market in the US.
Can I buy ANT on the ASX?
No. Anthropic listed on Nasdaq only and has said it doesn't plan an ASX listing. Australians buy it through a broker that offers US shares. See our how to buy guide.
What time does ANT trade in Australia?
During Australian daylight saving, Nasdaq's regular session runs roughly 1:30am to 8:00am Sydney time, Tuesday to Saturday morning. Some brokers also offer pre-market, after-hours or 24-hour trading on selected US stocks. The bar at the top of every page shows whether Nasdaq is open right now.
How much does one ANT share cost in AUD?
Use the USD→AUD calculator on our tracker. Your broker's FX rate and fees will change the final cost.
Can I buy part of a share?
Many Australian brokers offer fractional US shares, so you can invest a dollar amount rather than buying whole shares. Check whether your broker supports fractions for ANT.
Can I still get IPO shares at the IPO price?
No. The Australian retail IPO offer closed on 17 November. After listing, you buy on market at the current price.
Can I hold ANT in my SMSF?
Some brokers offer SMSF accounts with US share access. Whether it suits your fund's investment strategy is a question for your SMSF's trustee and adviser.
Costs and tax
What fees will I pay?
Usually brokerage per trade plus an FX fee or spread to convert AUD to USD. Some brokers also charge account or custody fees. Compare in our broker table.
Do I need a W-8BEN form?
Most brokers ask for one when you open a US-shares account. It generally reduces US withholding tax on any dividends to 15% for Australian tax residents. See the glossary.
How is ANT taxed in Australia?
Australian tax residents generally pay capital gains tax on profits when they sell, worked out in AUD, with a 50% discount for individuals who hold over 12 months. Get advice for your own situation; our reading list has detailed tax guides.
Does ANT pay a dividend?
Check the prospectus for Anthropic's dividend policy. Fast-growing tech companies commonly reinvest earnings rather than pay dividends.
The company
What does Anthropic do?
Anthropic builds the Claude family of AI models and sells access to businesses and developers (through its API and cloud partners) and to consumers through Claude subscriptions.
Is Anthropic profitable?
Its S-1 reported the company's first operating profit in Q2 2026, while earlier periods showed large losses driven by computing costs. Read the filing's financial statements for the full picture.
What are the main risks?
The prospectus devotes a large share of its pages to risk factors, including heavy compute spending commitments, reliance on a small number of large customers and cloud partners, competition, regulation and AI safety. Read the risk factors before investing.
Who are the big shareholders?
The prospectus lists principal shareholders and the different share classes. Amazon and Google are long-standing investors and partners.
Trading and the market
Why is the price so volatile?
New mega-listings often swing sharply in their first weeks as price discovery happens, with heavy volume and wide spreads at the open. Many traders use limit orders for that reason.
Will ANT join the Nasdaq-100?
Nasdaq has fast-entry rules that let a large new listing be assessed after its seventh trading day. Inclusion would mean buying from index funds that track it. Check our key dates.
What is the lock-up expiry?
The date when insiders and early investors can start selling. It's set out in the prospectus and is often a volatile time for big listings. We'll add it to our key dates.
Can I get ANT exposure through an ASX ETF?
Some US tech and Nasdaq-tracking ETFs on the ASX may add ANT if it enters the indexes they follow. Check each ETF's holdings and index rules.
Can't find your answer?
Send us your ANT question. We answer the most common ones on this page. (General information only, we can't give personal advice.)
ANT in 60 seconds, in AUD.
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