ADAM US Equity

ADAMAS TRUST, INC.

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Real Estate · Real Estate Investment Trusts · CIK 1273685 · FYE 1231

$8.71

+0.00 (+0.00%)

USD · as of 2026-07-28 · marketstack

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Institutional ownership· 13F filers holding ADAM · 2026-Q1 methodology → sources →

185 holders

% of shares outstanding held

53.3%

Shares held (13F)

47,895,489

Reporting holders

185

Top holders

largest 100 of 185 · Δ vs 2025-Q4

#	Holder	Shares	Value	% of shares out	Δ QoQ
1	BlackRock, Inc.	13,272,58113.3M	$98M	14.77%	—
2	VANGUARD CAPITAL MANAGEMENT LLC	3,787,4453.8M	$28M	4.21%	NEW†
3	STATE STREET CORP	3,345,3363.3M	$25M	3.72%	ADD 2%
4	Invesco Ltd.	3,170,0453.2M	$23M	3.53%	—
5	Allspring Global Investments Holdings, LLC	2,867,6142.9M	$21M	3.19%	TRIM -15%
6	MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.	2,563,9002.6M	$19M	2.85%	ADD 8%
7	GEODE CAPITAL MANAGEMENT, LLC	2,239,7002.2M	$16M	2.49%	ADD 4%
8	VANGUARD PORTFOLIO MANAGEMENT LLC	1,649,2441.6M	$12M	1.84%	NEW
9	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	1,633,0041.6M	$12M	1.82%	TRIM -9%
10	NORTHERN TRUST CORP	992,133992,133	$7M	1.10%	ADD 4%
11	VAN ECK ASSOCIATES CORP	952,237952,237	$7M	1.06%	ADD 5%
12	MORGAN STANLEY	788,685788,685	$6M	0.88%	TRIM -11%
13	VANGUARD FIDUCIARY TRUST CO	551,566551,566	$4M	0.61%	NEW
14	BESSEMER GROUP INC	530,778530,778	$4M	0.59%	ADD 48153%
15	GOLDMAN SACHS GROUP INC	499,082499,082	$4M	0.56%	ADD 5%
16	Bank of New York Mellon Corp	493,292493,292	$4M	0.55%	TRIM -5%
17	JPMORGAN CHASE & CO	428,827428,827	$3M	0.48%	TRIM -26%
18	BANK OF AMERICA CORP /DE/	416,064416,064	$3M	0.46%	TRIM -4%
19	PRINCIPAL FINANCIAL GROUP INC	408,275408,275	$3M	0.45%	—
20	WOLVERINE ASSET MANAGEMENT LLC	312,958312,958	$2M	0.35%	TRIM -21%
21	Qube Research & Technologies Ltd	300,847300,847	$2M	0.33%	ADD 250%
22	Public Sector Pension Investment Board	300,431300,431	$2M	0.33%	ADD 3%
23	JANE STREET GROUP, LLC	270,527270,527	$2M	0.30%	ADD 61%
24	RHUMBLINE ADVISERS	227,057227,057	$2M	0.25%	—
25	AQR CAPITAL MANAGEMENT LLC	225,313225,313	$2M	0.25%	ADD 7%
26	WELLS FARGO & COMPANY/MN	206,912206,912	$2M	0.23%	TRIM -24%
27	UBS Group AG	201,029201,029	$1M	0.22%	TRIM -37%
28	Legal & General Group Plc	197,141197,141	$1M	0.22%	TRIM -10%
29	Nuveen, LLC	196,946196,946	$1M	0.22%	—
30	AMERIPRISE FINANCIAL INC	192,235192,235	$1M	0.21%	—
31	Swiss National Bank	169,230169,230	$1M	0.19%	—
32	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	167,677167,677	$1M	0.19%	ADD 11%
33	TWO SIGMA INVESTMENTS, LP	166,709166,709	$1M	0.19%	TRIM -54%
34	Penserra Capital Management LLC	164,317164,317	$1M	0.18%	ADD 3%
35	SEI INVESTMENTS CO	161,524161,524	$1M	0.18%	ADD 17%
36	Russell Investments Group, Ltd.	153,479153,479	$1M	0.17%	TRIM -11%
37	Verition Fund Management LLC	137,196137,196	$1M	0.15%	ADD 210%
38	STATE OF WISCONSIN INVESTMENT BOARD	134,181134,181	$987,572	0.15%	ADD 59%
39	PRICE T ROWE ASSOCIATES INC /MD/	133,445133,445	$983,000	0.15%	ADD 16%
40	VOYA INVESTMENT MANAGEMENT LLC	106,333106,333	$782,611	0.12%	ADD 59%
41	Quantinno Capital Management LP	106,208106,208	$781,691	0.12%	ADD 39%
42	TEACHER RETIREMENT SYSTEM OF TEXAS	94,49694,496	$695,491	0.11%	ADD 47%
43	Engineers Gate Manager LP	93,77093,770	$690,147	0.10%	ADD 88%
44	Thrivent Financial for Lutherans	92,11992,119	$678,000	0.10%	ADD 18%
45	Curi Capital, LLC	90,77890,778	$668,126	0.10%	—
46	PICTON MAHONEY ASSET MANAGEMENT	90,31690,316	$664,726	0.10%	NEW
47	Campbell & CO Investment Adviser LLC	89,83989,839	$661,215	0.10%	TRIM -34%
48	PRUDENTIAL FINANCIAL INC	88,84088,840	$653,862	0.10%	TRIM -80%
49	NEW YORK STATE TEACHERS RETIREMENT SYSTEM	88,31988,319	$650,000	0.10%	TRIM -31%
50	Horizon Investments, LLC	86,73686,736	$638,377	0.10%	NEW
51	ALLIANCEBERNSTEIN L.P.	83,67283,672	$610,806	0.09%	—
52	DEUTSCHE BANK AG\	82,86382,863	$609,872	0.09%	ADD 18%
53	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	82,54282,542	$607,509	0.09%	—
54	SUSQUEHANNA INTERNATIONAL GROUP, LLP	72,07172,071	$530,443	0.08%	ADD 118%
55	RENAISSANCE TECHNOLOGIES LLC	64,75064,750	$476,560	0.07%	TRIM -64%
56	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	60,53660,536	$445,545	0.07%	NEW
57	Diametric Capital, LP	55,12955,129	$405,749	0.06%	TRIM -39%
58	VANGUARD ASSET MANAGEMENT, Ltd	54,27854,278	$399,486	0.06%	NEW
59	FMR LLC	53,37353,373	$392,824	0.06%	ADD 468%
60	LSV ASSET MANAGEMENT	51,30051,300	$378,000	0.06%	NEW
61	Brooklyn Investment Group	48,41148,411	$356,305	0.05%	TRIM -24%
62	MetLife Investment Management, LLC	46,21846,218	$340,164	0.05%	ADD 11%
63	TUDOR INVESTMENT CORP ET AL	44,34544,345	$326,379	0.05%	NEW
64	Illinois Municipal Retirement Fund	43,81843,818	$322,500	0.05%	TRIM -9%
65	ROYAL BANK OF CANADA	43,26143,261	$318,000	0.05%	ADD 3%
66	State of Alaska, Department of Revenue	42,07842,078	$309,000	0.05%	—
67	INTECH INVESTMENT MANAGEMENT LLC	41,73341,733	$307,155	0.05%	TRIM -80%
68	JANUS HENDERSON GROUP PLC	41,67641,676	$306,944	0.05%	—
69	Louisiana State Employees Retirement System	37,20037,200	$273,792	0.04%	TRIM -3%
70	State of Tennessee, Department of Treasury	36,01136,011	$265,041	0.04%	ADD 24%
71	State of Wyoming	35,44235,442	$260,853	0.04%	TRIM -26%
72	Vanguard Global Advisers, LLC	34,09934,099	$250,969	0.04%	NEW
73	COMMONWEALTH EQUITY SERVICES, LLC	33,74333,743	$248,350	0.04%	ADD 3%
74	VICTORY CAPITAL MANAGEMENT INC	32,77132,771	$241,195	0.04%	TRIM -40%
75	FRANKLIN RESOURCES INC	32,10132,101	$236,263	0.04%	NEW
76	Squarepoint Ops LLC	31,98631,986	$235,417	0.04%	ADD 58%
77	Empowered Funds, LLC	31,68931,689	$233,231	0.04%	NEW
78	MQS Management LLC	30,56130,561	$224,929	0.03%	ADD 66%
79	OSAIC HOLDINGS, INC.	26,34426,344	$193,963	0.03%	ADD 4%
80	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	25,98225,982	$191,228	0.03%	—
81	Allworth Financial LP	25,11725,117	$184,862	0.03%	—
82	Police & Firemen's Retirement System of New Jersey	24,57024,570	$180,835	0.03%	—
83	PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO	24,47924,479	$180,000	0.03%	—
84	AMALGAMATED BANK	24,21624,216	$178,000	0.03%	TRIM -2%
85	ARIZONA STATE RETIREMENT SYSTEM	23,56523,565	$173,438	0.03%	—
86	FIFTH THIRD BANCORP	23,22223,222	$170,914	0.03%	ADD 5202%
87	MANUFACTURERS LIFE INSURANCE COMPANY, THE	22,79722,797	$167,786	0.03%	TRIM -9%
88	YOUSIF CAPITAL MANAGEMENT, LLC	22,64622,646	$166,675	0.03%	—
89	Vanguard Investments Australia, Ltd.	22,08822,088	$162,568	0.02%	NEW
90	BNP PARIBAS FINANCIAL MARKETS	21,50621,506	$158,284	0.02%	ADD 2%
91	Creative Planning	21,46221,462	$157,963	0.02%	ADD 16%
92	Vident Advisory, LLC	21,34821,348	$157,121	0.02%	TRIM -31%
93	TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY	21,38621,386	$157,000	0.02%	—
94	COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS	20,76920,769	$152,860	0.02%	—
95	GUGGENHEIM CAPITAL LLC	20,32320,323	$149,577	0.02%	TRIM -90%
96	D. E. Shaw & Co., Inc.	19,73219,732	$145,228	0.02%	NEW
97	NEW YORK STATE COMMON RETIREMENT FUND	19,39319,393	$142,732	0.02%	—
98	OREGON PUBLIC EMPLOYEES RETIREMENT FUND	19,15419,154	$140,973	0.02%	—
99	Zurcher Kantonalbank (Zurich Cantonalbank)	18,92518,925	$139,288	0.02%	ADD 9%
100	KLP KAPITALFORVALTNING AS	18,35018,350	$138,643	0.02%	—

† a filer this large appearing as NEW usually reflects a renamed or succeeded filing entity (the old name stops filing the same quarter) — not a brand-new position.

Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.

Holder trends· top 15 holders · shares held over 6 quarters

green added · red trimmed

Holder

2024-Q4

2025-Q1

2025-Q2

2025-Q3

2025-Q4

2026-Q1

Latest value

BlackRock, Inc.

15.4M

15.0M

14.0M

13.2M

13.4M

13.3M

$98M

VANGUARD CAPITAL MANAGEMENT LLC

—

3.8M

$28M

STATE STREET CORP

3.6M

3.5M

3.4M

3.3M

$25M

Invesco Ltd.

3.2M

2.7M

3.1M

2.9M

3.2M

$23M

Allspring Global Investments Holdings, LLC

3.6M

3.8M

3.6M

3.4M

2.9M

$21M

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

1.4M

1.9M

2.0M

2.2M

2.4M

2.6M

$19M

GEODE CAPITAL MANAGEMENT, LLC

2.3M

2.2M

$16M

VANGUARD PORTFOLIO MANAGEMENT LLC

—

1.6M

$12M

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

1.1M

1.2M

1.3M

1.5M

1.8M

1.6M

$12M

NORTHERN TRUST CORP

1.1M

1.0M

950K

992K

$7M

VAN ECK ASSOCIATES CORP

809K

754K

753K

777K

904K

952K

$7M

MORGAN STANLEY

972K

866K

1.0M

761K

889K

789K

$6M

VANGUARD FIDUCIARY TRUST CO

—

552K

$4M

BESSEMER GROUP INC

488

551

531K

$4M

GOLDMAN SACHS GROUP INC

821K

461K

198K

321K

476K

499K

$4M

Shares reported each quarter by the largest current holders. Green = added vs the prior filing, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.

Institutional footprint by quarter

Line breaks are honest gaps — quarters with no 13F record, or a suppressed % — never interpolated. % of shares outstanding uses today's share count for every quarter (the only count stored).

Quarter	Holders	Shares held	% shares out	Value held
2026-Q1	185	47,895,489	53.3%	$353M
2025-Q4	182	49,163,277	54.7%	$361M
2025-Q3	170	48,745,691	54.2%	$341M
2025-Q2	172	49,983,041	55.6%	$336M
2025-Q1	172	49,122,225	54.7%	$320M
2024-Q4	168	51,519,508	57.3%	$313M
2024-Q3	157	50,902,631	56.6%	$321M
2024-Q2	158	51,451,468	57.3%	$301M
2024-Q1	156	51,971,249	57.8%	$377M

Short interest has its own tab now — open SI →

Source: SEC Form 13F — every institution manager (≥ $100M in 13F securities) reporting a long US-listed position, across ~10,250 filers over 10 years of history. 13F is long-only, US-listed, filed up to 45 days after quarter-end.

Activists & large holders· Schedule 13D/G beneficial owners · ADAM

Activists — 13D, active intent

Amster Howard5.7%NEWSCHEDULE 13D · event 2025-02-20SEC →

5,118,385 shares · 22 reporting persons

“The Reporting Persons acquired the shares of Common stock for investment purposes While the Reporting Persons have no present intention to dispose of all or any portion of the Common Stock beneficially owned by them, the Reporting Persons, may, from time to time, modify their present intention as stated in this item 4. In addition, they may at their discretion purchase additional shares of Common Stock of the Issuer. Any such sales of the Common Stock may be made in the open market, privately ne”

Large holders — 13G, passive (top 2 by % of class)

Holder	% of class	Type	As of
BlackRock, Inc.	15.3%	QII	2025-06-30	SEC →
VANGUARD GROUP INC	0%	QII	2026-03-13	SEC →

Source: SEC Schedule 13D/13G structured XML. 13D = active intent; 13G filers report passively (Rule 13d-1(b) QII / 13d-1(c) Passive / 13d-1(d) Exempt) and are not activists. Percent and delta are the group aggregate the filing reports. Structured 13D/G coverage begins December 2024 (SEC XML mandate).

Institutional ownership· 13F filers holding ADAM · 2026-Q1 methodology → sources →

185 holders

% of shares outstanding held

53.3%

Shares held (13F)

47,895,489

Reporting holders

185

Top holders

largest 100 of 185 · Δ vs 2025-Q4

#	Holder	Shares	Value	% of shares out	Δ QoQ
1	BlackRock, Inc.	13,272,58113.3M	$98M	14.77%	—
2	VANGUARD CAPITAL MANAGEMENT LLC	3,787,4453.8M	$28M	4.21%	NEW†
3	STATE STREET CORP	3,345,3363.3M	$25M	3.72%	ADD 2%
4	Invesco Ltd.	3,170,0453.2M	$23M	3.53%	—
5	Allspring Global Investments Holdings, LLC	2,867,6142.9M	$21M	3.19%	TRIM -15%
6	MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.	2,563,9002.6M	$19M	2.85%	ADD 8%
7	GEODE CAPITAL MANAGEMENT, LLC	2,239,7002.2M	$16M	2.49%	ADD 4%
8	VANGUARD PORTFOLIO MANAGEMENT LLC	1,649,2441.6M	$12M	1.84%	NEW
9	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	1,633,0041.6M	$12M	1.82%	TRIM -9%
10	NORTHERN TRUST CORP	992,133992,133	$7M	1.10%	ADD 4%
11	VAN ECK ASSOCIATES CORP	952,237952,237	$7M	1.06%	ADD 5%
12	MORGAN STANLEY	788,685788,685	$6M	0.88%	TRIM -11%
13	VANGUARD FIDUCIARY TRUST CO	551,566551,566	$4M	0.61%	NEW
14	BESSEMER GROUP INC	530,778530,778	$4M	0.59%	ADD 48153%
15	GOLDMAN SACHS GROUP INC	499,082499,082	$4M	0.56%	ADD 5%
16	Bank of New York Mellon Corp	493,292493,292	$4M	0.55%	TRIM -5%
17	JPMORGAN CHASE & CO	428,827428,827	$3M	0.48%	TRIM -26%
18	BANK OF AMERICA CORP /DE/	416,064416,064	$3M	0.46%	TRIM -4%
19	PRINCIPAL FINANCIAL GROUP INC	408,275408,275	$3M	0.45%	—
20	WOLVERINE ASSET MANAGEMENT LLC	312,958312,958	$2M	0.35%	TRIM -21%
21	Qube Research & Technologies Ltd	300,847300,847	$2M	0.33%	ADD 250%
22	Public Sector Pension Investment Board	300,431300,431	$2M	0.33%	ADD 3%
23	JANE STREET GROUP, LLC	270,527270,527	$2M	0.30%	ADD 61%
24	RHUMBLINE ADVISERS	227,057227,057	$2M	0.25%	—
25	AQR CAPITAL MANAGEMENT LLC	225,313225,313	$2M	0.25%	ADD 7%
26	WELLS FARGO & COMPANY/MN	206,912206,912	$2M	0.23%	TRIM -24%
27	UBS Group AG	201,029201,029	$1M	0.22%	TRIM -37%
28	Legal & General Group Plc	197,141197,141	$1M	0.22%	TRIM -10%
29	Nuveen, LLC	196,946196,946	$1M	0.22%	—
30	AMERIPRISE FINANCIAL INC	192,235192,235	$1M	0.21%	—
31	Swiss National Bank	169,230169,230	$1M	0.19%	—
32	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	167,677167,677	$1M	0.19%	ADD 11%
33	TWO SIGMA INVESTMENTS, LP	166,709166,709	$1M	0.19%	TRIM -54%
34	Penserra Capital Management LLC	164,317164,317	$1M	0.18%	ADD 3%
35	SEI INVESTMENTS CO	161,524161,524	$1M	0.18%	ADD 17%
36	Russell Investments Group, Ltd.	153,479153,479	$1M	0.17%	TRIM -11%
37	Verition Fund Management LLC	137,196137,196	$1M	0.15%	ADD 210%
38	STATE OF WISCONSIN INVESTMENT BOARD	134,181134,181	$987,572	0.15%	ADD 59%
39	PRICE T ROWE ASSOCIATES INC /MD/	133,445133,445	$983,000	0.15%	ADD 16%
40	VOYA INVESTMENT MANAGEMENT LLC	106,333106,333	$782,611	0.12%	ADD 59%
41	Quantinno Capital Management LP	106,208106,208	$781,691	0.12%	ADD 39%
42	TEACHER RETIREMENT SYSTEM OF TEXAS	94,49694,496	$695,491	0.11%	ADD 47%
43	Engineers Gate Manager LP	93,77093,770	$690,147	0.10%	ADD 88%
44	Thrivent Financial for Lutherans	92,11992,119	$678,000	0.10%	ADD 18%
45	Curi Capital, LLC	90,77890,778	$668,126	0.10%	—
46	PICTON MAHONEY ASSET MANAGEMENT	90,31690,316	$664,726	0.10%	NEW
47	Campbell & CO Investment Adviser LLC	89,83989,839	$661,215	0.10%	TRIM -34%
48	PRUDENTIAL FINANCIAL INC	88,84088,840	$653,862	0.10%	TRIM -80%
49	NEW YORK STATE TEACHERS RETIREMENT SYSTEM	88,31988,319	$650,000	0.10%	TRIM -31%
50	Horizon Investments, LLC	86,73686,736	$638,377	0.10%	NEW
51	ALLIANCEBERNSTEIN L.P.	83,67283,672	$610,806	0.09%	—
52	DEUTSCHE BANK AG\	82,86382,863	$609,872	0.09%	ADD 18%
53	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	82,54282,542	$607,509	0.09%	—
54	SUSQUEHANNA INTERNATIONAL GROUP, LLP	72,07172,071	$530,443	0.08%	ADD 118%
55	RENAISSANCE TECHNOLOGIES LLC	64,75064,750	$476,560	0.07%	TRIM -64%
56	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	60,53660,536	$445,545	0.07%	NEW
57	Diametric Capital, LP	55,12955,129	$405,749	0.06%	TRIM -39%
58	VANGUARD ASSET MANAGEMENT, Ltd	54,27854,278	$399,486	0.06%	NEW
59	FMR LLC	53,37353,373	$392,824	0.06%	ADD 468%
60	LSV ASSET MANAGEMENT	51,30051,300	$378,000	0.06%	NEW
61	Brooklyn Investment Group	48,41148,411	$356,305	0.05%	TRIM -24%
62	MetLife Investment Management, LLC	46,21846,218	$340,164	0.05%	ADD 11%
63	TUDOR INVESTMENT CORP ET AL	44,34544,345	$326,379	0.05%	NEW
64	Illinois Municipal Retirement Fund	43,81843,818	$322,500	0.05%	TRIM -9%
65	ROYAL BANK OF CANADA	43,26143,261	$318,000	0.05%	ADD 3%
66	State of Alaska, Department of Revenue	42,07842,078	$309,000	0.05%	—
67	INTECH INVESTMENT MANAGEMENT LLC	41,73341,733	$307,155	0.05%	TRIM -80%
68	JANUS HENDERSON GROUP PLC	41,67641,676	$306,944	0.05%	—
69	Louisiana State Employees Retirement System	37,20037,200	$273,792	0.04%	TRIM -3%
70	State of Tennessee, Department of Treasury	36,01136,011	$265,041	0.04%	ADD 24%
71	State of Wyoming	35,44235,442	$260,853	0.04%	TRIM -26%
72	Vanguard Global Advisers, LLC	34,09934,099	$250,969	0.04%	NEW
73	COMMONWEALTH EQUITY SERVICES, LLC	33,74333,743	$248,350	0.04%	ADD 3%
74	VICTORY CAPITAL MANAGEMENT INC	32,77132,771	$241,195	0.04%	TRIM -40%
75	FRANKLIN RESOURCES INC	32,10132,101	$236,263	0.04%	NEW
76	Squarepoint Ops LLC	31,98631,986	$235,417	0.04%	ADD 58%
77	Empowered Funds, LLC	31,68931,689	$233,231	0.04%	NEW
78	MQS Management LLC	30,56130,561	$224,929	0.03%	ADD 66%
79	OSAIC HOLDINGS, INC.	26,34426,344	$193,963	0.03%	ADD 4%
80	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	25,98225,982	$191,228	0.03%	—
81	Allworth Financial LP	25,11725,117	$184,862	0.03%	—
82	Police & Firemen's Retirement System of New Jersey	24,57024,570	$180,835	0.03%	—
83	PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO	24,47924,479	$180,000	0.03%	—
84	AMALGAMATED BANK	24,21624,216	$178,000	0.03%	TRIM -2%
85	ARIZONA STATE RETIREMENT SYSTEM	23,56523,565	$173,438	0.03%	—
86	FIFTH THIRD BANCORP	23,22223,222	$170,914	0.03%	ADD 5202%
87	MANUFACTURERS LIFE INSURANCE COMPANY, THE	22,79722,797	$167,786	0.03%	TRIM -9%
88	YOUSIF CAPITAL MANAGEMENT, LLC	22,64622,646	$166,675	0.03%	—
89	Vanguard Investments Australia, Ltd.	22,08822,088	$162,568	0.02%	NEW
90	BNP PARIBAS FINANCIAL MARKETS	21,50621,506	$158,284	0.02%	ADD 2%
91	Creative Planning	21,46221,462	$157,963	0.02%	ADD 16%
92	Vident Advisory, LLC	21,34821,348	$157,121	0.02%	TRIM -31%
93	TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY	21,38621,386	$157,000	0.02%	—
94	COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS	20,76920,769	$152,860	0.02%	—
95	GUGGENHEIM CAPITAL LLC	20,32320,323	$149,577	0.02%	TRIM -90%
96	D. E. Shaw & Co., Inc.	19,73219,732	$145,228	0.02%	NEW
97	NEW YORK STATE COMMON RETIREMENT FUND	19,39319,393	$142,732	0.02%	—
98	OREGON PUBLIC EMPLOYEES RETIREMENT FUND	19,15419,154	$140,973	0.02%	—
99	Zurcher Kantonalbank (Zurich Cantonalbank)	18,92518,925	$139,288	0.02%	ADD 9%
100	KLP KAPITALFORVALTNING AS	18,35018,350	$138,643	0.02%	—

† a filer this large appearing as NEW usually reflects a renamed or succeeded filing entity (the old name stops filing the same quarter) — not a brand-new position.

Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.

Holder trends· top 15 holders · shares held over 6 quarters

green added · red trimmed

Holder

2024-Q4

2025-Q1

2025-Q2

2025-Q3

2025-Q4

2026-Q1

Latest value

BlackRock, Inc.

15.4M

15.0M

14.0M

13.2M

13.4M

13.3M

$98M

VANGUARD CAPITAL MANAGEMENT LLC

—

3.8M

$28M

STATE STREET CORP

3.6M

3.5M

3.4M

3.3M

$25M

Invesco Ltd.

3.2M

2.7M

3.1M

2.9M

3.2M

$23M

Allspring Global Investments Holdings, LLC

3.6M

3.8M

3.6M

3.4M

2.9M

$21M

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

1.4M

1.9M

2.0M

2.2M

2.4M

2.6M

$19M

GEODE CAPITAL MANAGEMENT, LLC

2.3M

2.2M

$16M

VANGUARD PORTFOLIO MANAGEMENT LLC

—

1.6M

$12M

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

1.1M

1.2M

1.3M

1.5M

1.8M

1.6M

$12M

NORTHERN TRUST CORP

1.1M

1.0M

950K

992K

$7M

VAN ECK ASSOCIATES CORP

809K

754K

753K

777K

904K

952K

$7M

MORGAN STANLEY

972K

866K

1.0M

761K

889K

789K

$6M

VANGUARD FIDUCIARY TRUST CO

—

552K

$4M

BESSEMER GROUP INC

488

551

531K

$4M

GOLDMAN SACHS GROUP INC

821K

461K

198K

321K

476K

499K

$4M

Institutional footprint by quarter

Line breaks are honest gaps — quarters with no 13F record, or a suppressed % — never interpolated. % of shares outstanding uses today's share count for every quarter (the only count stored).

Quarter	Holders	Shares held	% shares out	Value held
2026-Q1	185	47,895,489	53.3%	$353M
2025-Q4	182	49,163,277	54.7%	$361M
2025-Q3	170	48,745,691	54.2%	$341M
2025-Q2	172	49,983,041	55.6%	$336M
2025-Q1	172	49,122,225	54.7%	$320M
2024-Q4	168	51,519,508	57.3%	$313M
2024-Q3	157	50,902,631	56.6%	$321M
2024-Q2	158	51,451,468	57.3%	$301M
2024-Q1	156	51,971,249	57.8%	$377M

Short interest has its own tab now — open SI →

Activists & large holders· Schedule 13D/G beneficial owners · ADAM

Activists — 13D, active intent

Amster Howard5.7%NEWSCHEDULE 13D · event 2025-02-20SEC →

5,118,385 shares · 22 reporting persons

Large holders — 13G, passive (top 2 by % of class)

Holder	% of class	Type	As of
BlackRock, Inc.	15.3%	QII	2025-06-30	SEC →
VANGUARD GROUP INC	0%	QII	2026-03-13	SEC →

ADAM US Equity☆

Institutional ownership· 13F filers holding ADAM · 2026-Q1 methodology → sources →

Top holders

Holder trends· top 15 holders · shares held over 6 quarters

Institutional footprint by quarter

Activists & large holders· Schedule 13D/G beneficial owners · ADAM

Institutional ownership· 13F filers holding ADAM · 2026-Q1 methodology → sources →

Top holders

Holder trends· top 15 holders · shares held over 6 quarters

Institutional footprint by quarter

Activists & large holders· Schedule 13D/G beneficial owners · ADAM

ADAM US Equity