13F QoQ Ownership Changes
MAX Institutional Holders
Period 2025-12-31 · prior 2025-09-30 · 36 new · 75 added · 61 reduced · 20 exited
New Positions(36)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Triad Investment Management | 275,437 | +275,437 | $3.6M | +$3.6M | — |
| Stoic Point Capital Management LLC | 207,298 | +207,298 | $2.7M | +$2.7M | — |
| Balyasny Asset Management L.P. | 184,159 | +184,159 | $2.4M | +$2.4M | — |
| Man Group plc | 110,876 | +110,876 | $1.4M | +$1.4M | — |
| TUDOR INVESTMENT CORP ET AL | 83,330 | +83,330 | $1.1M | +$1.1M | — |
| ExodusPoint Capital Management, LP | 81,791 | +81,791 | $1.1M | +$1.1M | — |
| GLOBEFLEX CAPITAL L P | 80,233 | +80,233 | $1.0M | +$1.0M | — |
| Amundi | 58,616 | +58,616 | $759.1K | +$759.1K | — |
| Severin Investments, LLC | 45,493 | +45,493 | $513.6K | +$513.6K | — |
| Versor Investments LP | 29,318 | +29,318 | $379.7K | +$379.7K | — |
| FOX RUN MANAGEMENT, L.L.C. | 26,035 | +26,035 | $337.2K | +$337.2K | — |
| Graham Capital Management, L.P. | 23,427 | +23,427 | $303.4K | +$303.4K | — |
| Brookwood Investment Group LLC | 22,841 | +22,841 | $295.8K | +$295.8K | — |
| MANGROVE PARTNERS IM, LLC | 22,700 | +22,700 | $294.0K | +$294.0K | — |
| Point72 Asset Management, L.P. | 18,751 | +18,751 | $242.8K | +$242.8K | — |
| Jump Financial, LLC | 18,539 | +18,539 | $240.1K | +$240.1K | — |
| VARCOV Co. | 16,543 | +16,543 | $214.2K | +$214.2K | — |
| Cornerstone Investment Partners, LLC | 14,650 | +14,650 | $189.7K | +$189.7K | — |
| CAXTON ASSOCIATES LLP | 13,922 | +13,922 | $180.3K | +$180.3K | — |
| Moran Wealth Management, LLC | 12,716 | +12,716 | $164.7K | +$164.7K | — |
| State of Tennessee, Department of Treasury | 12,903 | +12,903 | $132.0K | +$132.0K | — |
| STRS OHIO | 3,800 | +3,800 | $49.2K | +$49.2K | — |
| JONES FINANCIAL COMPANIES LLLP | 2,313 | +2,313 | $30.0K | +$30.0K | — |
| Allworth Financial LP | 1,261 | +1,261 | $16.3K | +$16.3K | — |
| IFP Advisors, Inc | 1,034 | +1,034 | $12.9K | +$12.9K | — |
| MEEDER ASSET MANAGEMENT INC | 714 | +714 | $9.2K | +$9.2K | — |
| HRT FINANCIAL LP | 109,023 | +109,023 | $1.4K | +$1.4K | — |
| SageView Advisory Group, LLC | 90 | +90 | $1.2K | +$1.2K | — |
| TUCKER ASSET MANAGEMENT LLC | 83 | +83 | $1.1K | +$1.1K | — |
| GSA CAPITAL PARTNERS LLP | 46,784 | +46,784 | $606 | +$606 | — |
| Smartleaf Asset Management LLC | 44 | +44 | $573 | +$573 | — |
| Thrivent Financial for Lutherans | 36,379 | +36,379 | $471 | +$471 | — |
| SJS Investment Consulting Inc. | 24 | +24 | $311 | +$311 | — |
| MAI Capital Management | 14 | +14 | $182 | +$182 | — |
| American Capital Advisory, LLC | 4 | +4 | $52 | +$52 | — |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 594 | +594 | $8 | +$8 | — |
Added To(75)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Divisadero Street Capital Management, LP | 849,011 | +762,104 | $11.0M | +$10.0M | 876.9% |
| JPMORGAN CHASE & CO | 1,367,896 | +309,455 | $17.7M | +$5.7M | 29.2% |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 855,904 | +335,452 | $11.1M | +$5.2M | 64.5% |
| J. Goldman & Co LP | 786,369 | +255,342 | $10.2M | +$4.1M | 48.1% |
| DIMENSIONAL FUND ADVISORS LP | 319,798 | +201,106 | $4.1M | +$2.8M | 169.4% |
| RENAISSANCE TECHNOLOGIES LLC | 1,045,400 | +100,300 | $13.5M | +$2.8M | 10.6% |
| JACOBS LEVY EQUITY MANAGEMENT, INC | 700,497 | +139,732 | $9.1M | +$2.7M | 24.9% |
| MORGAN STANLEY | 960,154 | +88,123 | $12.4M | +$2.5M | 10.1% |
| MARSHALL WACE, LLP | 328,388 | +145,645 | $4.3M | +$2.2M | 79.7% |
| CITADEL ADVISORS LLC | 197,947 | +163,347 | $2.6M | +$2.2M | 472.1% |
| Clearline Capital LP | 1,301,453 | +10,604 | $16.9M | +$2.2M | 0.8% |
| G2 Investment Partners Management LLC | 496,916 | +121,443 | $6.4M | +$2.2M | 32.3% |
| STATE STREET CORP | 731,407 | +59,281 | $9.5M | +$1.8M | 8.8% |
| AQR CAPITAL MANAGEMENT LLC | 804,095 | +33,416 | $10.4M | +$1.6M | 4.3% |
| JANE STREET GROUP, LLC | 360,129 | +93,724 | $4.7M | +$1.6M | 35.2% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 271,490 | +85,610 | $3.5M | +$1.4M | 46.0% |
| VICTORY CAPITAL MANAGEMENT INC | 729,457 | +18,638 | $9.4M | +$1.4M | 2.6% |
| BNP PARIBAS FINANCIAL MARKETS | 273,151 | +79,564 | $3.5M | +$1.3M | 41.1% |
| GEODE CAPITAL MANAGEMENT, LLC | 777,304 | +7,530 | $10.1M | +$1.3M | 1.0% |
| Squarepoint Ops LLC | 124,288 | +93,630 | $1.6M | +$1.3M | 305.4% |
| XTX Topco Ltd | 90,702 | +61,628 | $1.2M | +$843.7K | 212.0% |
| FRANKLIN RESOURCES INC | 328,712 | +10,740 | $4.3M | +$638.3K | 3.4% |
| Pacer Advisors, Inc. | 263,024 | +16,597 | $3.4M | +$601.8K | 6.7% |
| BOOTHBAY FUND MANAGEMENT, LLC | 108,143 | +37,477 | $1.4M | +$596.3K | 53.0% |
| Russell Investments Group, Ltd. | 90,843 | +39,209 | $1.2M | +$591.4K | 75.9% |
| TWO SIGMA INVESTMENTS, LP | 59,860 | +37,336 | $775.2K | +$518.9K | 165.8% |
| VIRTUS ADVISERS, LLC | 66,756 | +48,045 | $728.3K | +$515.3K | 256.8% |
| NOMURA HOLDINGS INC | 82,313 | +29,348 | $1.1M | +$463.2K | 55.4% |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 279,817 | +83 | $3.6M | +$440.3K | 0.0% |
| MACKENZIE FINANCIAL CORP | 42,975 | +27,858 | $558.9K | +$386.8K | 184.3% |
| AlphaQuest LLC | 37,463 | +27,604 | $485.1K | +$373.0K | 280.0% |
| Y-Intercept (Hong Kong) Ltd | 210,352 | +2,736 | $2.7M | +$361.4K | 1.3% |
| Quantinno Capital Management LP | 42,748 | +25,495 | $553.6K | +$357.2K | 147.8% |
| SEI INVESTMENTS CO | 81,844 | +19,123 | $1.1M | +$346.1K | 30.5% |
| CANADA PENSION PLAN INVESTMENT BOARD | 136,500 | +5,900 | $1.8M | +$281.4K | 4.5% |
| BARCLAYS PLC | 113,648 | +27,808 | $1.2M | +$267.6K | 32.4% |
| STATE OF WISCONSIN INVESTMENT BOARD | 46,842 | +15,651 | $606.6K | +$251.7K | 50.2% |
| WELLS FARGO & COMPANY/MN | 37,072 | +16,610 | $480.1K | +$247.2K | 81.2% |
| IEQ CAPITAL, LLC | 88,136 | +8,579 | $1.1M | +$236.0K | 10.8% |
| RAYMOND JAMES FINANCIAL INC | 52,708 | +11,300 | $682.6K | +$211.3K | 27.3% |
| Mariner, LLC | 69,891 | +7,982 | $905.4K | +$200.9K | 12.9% |
| PRINCIPAL FINANCIAL GROUP INC | 35,403 | +10,687 | $458.5K | +$177.2K | 43.2% |
| PharVision Advisers, LLC | 34,034 | +9,554 | $440.7K | +$162.2K | 39.0% |
| TWO SIGMA ADVISERS, LP | 26,896 | +6,496 | $348.3K | +$116.2K | 31.8% |
| Invesco Ltd. | 26,024 | +6,319 | $337.0K | +$112.8K | 32.1% |
| Creative Planning | 25,272 | +5,743 | $327.3K | +$105.0K | 29.4% |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 26,437 | +6,225 | $313.3K | +$86.7K | 30.8% |
| Allspring Global Investments Holdings, LLC | 42,950 | +3,755 | $513.3K | +$75.1K | 9.6% |
| MERCER GLOBAL ADVISORS INC /ADV | 16,960 | +4,120 | $219.6K | +$73.5K | 32.1% |
| CITIGROUP INC | 8,293 | +4,944 | $107.4K | +$69.3K | 147.6% |
| DEUTSCHE BANK AG\ | 31,640 | +1,231 | $409.7K | +$63.7K | 4.0% |
| Pallas Capital Advisors LLC | 13,176 | +2,824 | $170.6K | +$52.8K | 27.3% |
| SIMPLEX TRADING, LLC | 3,875 | +1,108 | $50.2K | +$50.1K | 40.0% |
| Rockefeller Capital Management L.P. | 2,805 | +2,777 | $36.3K | +$36.0K | 9917.9% |
| Caitong International Asset Management Co., Ltd | 2,160 | +2,124 | $28.0K | +$27.6K | 5900.0% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 15,758 | +101 | $204.1K | +$25.9K | 0.6% |
| FEDERATED HERMES, INC. | 1,323 | +1,294 | $17.1K | +$16.8K | 4462.1% |
| FMR LLC | 4,827 | +720 | $62.5K | +$15.8K | 17.5% |
| Aster Capital Management (DIFC) Ltd | 987 | +859 | $12.8K | +$11.3K | 671.1% |
| EverSource Wealth Advisors, LLC | 2,045 | +151 | $26.5K | +$4.9K | 8.0% |
| ACADIAN ASSET MANAGEMENT LLC | 606,171 | +186,332 | $7.8K | +$3.1K | 44.4% |
| OSAIC HOLDINGS, INC. | 1,129 | +67 | $14.6K | +$2.9K | 6.3% |
| ROTHSCHILD INVESTMENT LLC | 340 | +160 | $4.4K | +$2.4K | 88.9% |
| Sterling Capital Management LLC | 217 | +136 | $2.8K | +$1.9K | 167.9% |
| Marquette Asset Management, LLC | 243 | +124 | $3.1K | +$1.8K | 104.2% |
| True Wealth Design, LLC | 336 | +96 | $4.4K | +$1.6K | 40.0% |
| GAMMA Investing LLC | 187 | +53 | $2.4K | +$897 | 39.5% |
| US BANCORP \DE\ | 503 | +1 | $6.5K | +$802 | 0.2% |
| Versant Capital Management, Inc | 78 | +46 | $1.0K | +$646 | 143.8% |
| NISA INVESTMENT ADVISORS, LLC | 201 | +8 | $2.6K | +$407 | 4.1% |
| Parallel Advisors, LLC | 84 | +13 | $1.1K | +$280 | 18.3% |
| CWM, LLC | 42,278 | +3,895 | $548 | +$111 | 10.1% |
| PRICE T ROWE ASSOCIATES INC /MD/ | 31,014 | +2,238 | $402 | +$74 | 7.8% |
| Covestor Ltd | 3,393 | +704 | $44 | +$13 | 26.2% |
| AMALGAMATED BANK | 1,065 | +34 | $14 | +$2 | 3.3% |
Reduced(61)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| WHITE MOUNTAINS INSURANCE GROUP LTD | 17,856,614 | 0 | $231.2M | +$28.0M | 0.0% |
| MILLENNIUM MANAGEMENT LLC | 751,745 | -677,811 | $9.7M | -$6.5M | -47.4% |
| BlackRock, Inc. | 3,551,465 | -21,725 | $46.0M | +$5.3M | -0.6% |
| GOLDMAN SACHS GROUP INC | 729,367 | -550,593 | $9.4M | -$5.1M | -43.0% |
| VANGUARD GROUP INC | 2,570,992 | -29,629 | $33.3M | +$3.7M | -1.1% |
| Lighthouse Investment Partners, LLC | 82,050 | -271,880 | $1.1M | -$3.0M | -76.8% |
| Qube Research & Technologies Ltd | 284,012 | -220,330 | $3.7M | -$2.1M | -43.7% |
| Shay Capital LLC | 591,000 | -199,100 | $7.7M | -$1.3M | -25.2% |
| JANUS HENDERSON GROUP PLC | 265,906 | -120,249 | $3.4M | -$951.0K | -31.1% |
| UBS Group AG | 59,689 | -78,497 | $773.0K | -$799.6K | -56.8% |
| TEACHER RETIREMENT SYSTEM OF TEXAS | 10,978 | -69,552 | $142.2K | -$774.3K | -86.4% |
| Nuveen, LLC | 666,539 | -23,926 | $8.6M | +$774.2K | -3.5% |
| LOS ANGELES CAPITAL MANAGEMENT LLC | 72,285 | -32,295 | $884.0K | -$306.1K | -30.9% |
| Brooklyn Investment Group | 12,041 | -26,815 | $153.9K | -$288.3K | -69.0% |
| PDT Partners, LLC | 165,540 | 0 | $2.1M | +$259.9K | 0.0% |
| Arax Advisory Partners | 1,099 | -18,557 | $14.2K | -$209.5K | -94.4% |
| Voleon Capital Management LP | 12,324 | -19,766 | $159.6K | -$205.6K | -61.6% |
| Royal Bank of Canada | 6,519 | -22,493 | $85.0K | -$196.0K | -77.5% |
| JACOBS ASSET MANAGEMENT, LLC | 705,299 | -113,727 | $9.1M | -$186.9K | -13.9% |
| NORTHERN TRUST CORP | 267,278 | -20,484 | $3.5M | +$186.5K | -7.1% |
| BANK OF AMERICA CORP /DE/ | 58,164 | -23,915 | $753.2K | -$180.8K | -29.1% |
| Engineers Gate Manager LP | 16,125 | -13,933 | $208.8K | -$133.2K | -46.4% |
| Allianz Asset Management GmbH | 70,176 | 0 | $908.8K | +$110.2K | 0.0% |
| Swiss National Bank | 58,700 | 0 | $760.2K | +$92.2K | 0.0% |
| Legal & General Group Plc | 33,817 | -117 | $437.9K | +$51.8K | -0.3% |
| VIRGINIA RETIREMENT SYSTEMS ET Al | 17,700 | -6,800 | $229.2K | -$49.6K | -27.8% |
| Cerity Partners LLC | 20,777 | -6,867 | $269.1K | -$45.5K | -24.8% |
| Verition Fund Management LLC | 39,303 | -1,950 | $509.0K | +$39.5K | -4.7% |
| Cannell & Spears LLC | 25,550 | -150 | $330.9K | +$38.4K | -0.6% |
| MetLife Investment Management, LLC | 21,402 | 0 | $277.2K | +$33.6K | 0.0% |
| D. E. Shaw & Co., Inc. | 397,380 | -57,503 | $5.1M | -$30.5K | -12.6% |
| UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC | 65,085 | -6,373 | $842.9K | +$29.7K | -8.9% |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 18,642 | 0 | $241.4K | +$29.3K | 0.0% |
| BLAIR WILLIAM & CO/IL | 60,146 | -6,051 | $778.9K | +$25.6K | -9.1% |
| Gotham Asset Management, LLC | 39,123 | -3,321 | $506.6K | +$23.6K | -7.8% |
| State of Wyoming | 38,832 | -7,393 | $502.9K | -$23.2K | -16.0% |
| Tower Research Capital LLC (TRC) | 2,177 | -2,221 | $28.2K | -$21.9K | -50.5% |
| Cresset Asset Management, LLC | 12,262 | -3,479 | $158.8K | -$20.3K | -22.1% |
| RHUMBLINE ADVISERS | 48,522 | -5,068 | $628.4K | +$18.5K | -9.4% |
| Polymer Capital Management (US) LLC | 12,306 | -103 | $159.4K | +$18.1K | -0.8% |
| Quarry LP | 2,297 | -1,790 | $29.7K | -$16.8K | -43.8% |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 25,504 | -4,843 | $330.3K | -$15.1K | -15.9% |
| Police & Firemen's Retirement System of New Jersey | 9,690 | -350 | $125.5K | +$11.2K | -3.5% |
| NEW YORK STATE COMMON RETIREMENT FUND | 6,264 | 0 | $81.1K | +$9.8K | 0.0% |
| KLP KAPITALFORVALTNING AS | 5,933 | 0 | $76.8K | +$9.3K | 0.0% |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 10,782 | -1,003 | $139.6K | +$5.5K | -8.5% |
| Ameritas Investment Partners, Inc. | 3,026 | 0 | $39.2K | +$4.8K | 0.0% |
| Clearstead Advisors, LLC | 15 | -278 | $195 | -$3.1K | -94.9% |
| Bank of New York Mellon Corp | 87,312 | -11,832 | $1.1M | +$2.4K | -11.9% |
| INTECH INVESTMENT MANAGEMENT LLC | 10,796 | -1,611 | $139.8K | -$1.4K | -13.0% |
| PNC Financial Services Group, Inc. | 75 | -91 | $971 | -$919 | -54.8% |
| Optiver Holding B.V. | 270 | -102 | $3.5K | -$737 | -27.4% |
| Murphy & Mullick Capital Management Corp | 500 | 0 | $6.5K | +$360 | 0.0% |
| Farther Finance Advisors, LLC | 187 | -46 | $2.4K | -$230 | -19.7% |
| ALLIANCEBERNSTEIN L.P. | 33,930 | -4,700 | $439.4K | -$215 | -12.2% |
| Sunbelt Securities, Inc. | 14 | -15 | $181 | -$149 | -51.7% |
| GROUP ONE TRADING LLC | 2,329 | -328 | $30.2K | -$76 | -12.3% |
| SG Americas Securities, LLC | 15,805 | -8,233 | $205 | -$69 | -34.2% |
| SIGNATUREFD, LLC | 39 | 0 | $505 | +$61 | 0.0% |
| State of Alaska, Department of Revenue | 1,862 | 0 | $24 | +$3 | 0.0% |
| Capital Advisors, Ltd. LLC | 12 | 0 | $0 | $0 | 0.0% |
Sold Out(20)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Broad Bay Capital Management, LP | 0 | -1,468,695 | $0 | -$16.7M | — |
| LAZARD ASSET MANAGEMENT LLC | 0 | -294,796 | $0 | -$3.4M | — |
| EARNEST PARTNERS LLC | 0 | -269,607 | $0 | -$3.1M | — |
| Semanteon Capital Management, LP | 0 | -44,583 | $0 | -$507.4K | — |
| Quantbot Technologies LP | 0 | -38,615 | $0 | -$439.4K | — |
| Jain Global LLC | 0 | -31,143 | $0 | -$354.4K | — |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0 | -29,864 | $0 | -$339.9K | — |
| Dynamic Technology Lab Private Ltd | 0 | -29,237 | $0 | -$333.0K | — |
| PRELUDE CAPITAL MANAGEMENT, LLC | 0 | -26,892 | $0 | -$306.0K | — |
| FourThought Financial Partners, LLC | 0 | -24,691 | $0 | -$281.0K | — |
| AXQ CAPITAL, LP | 0 | -23,144 | $0 | -$263.4K | — |
| Corton Capital Inc. | 0 | -16,760 | $0 | -$190.7K | — |
| Olympiad Research LP | 0 | -15,492 | $0 | -$176.3K | — |
| Aigen Investment Management, LP | 0 | -13,179 | $0 | -$150.0K | — |
| Brevan Howard Capital Management LP | 0 | -12,289 | $0 | -$139.8K | — |
| SUMMIT WEALTH GROUP LLC / CO | 0 | -16,471 | $0 | -$136.1K | — |
| LPL Financial LLC | 0 | -10,482 | $0 | -$119.3K | — |
| ALGERT GLOBAL LLC | 0 | -275,387 | $0 | -$3.1K | — |
| Janney Montgomery Scott LLC | 0 | -70,355 | $0 | -$801 | — |
| Virtu Financial LLC | 0 | -12,749 | $0 | -$145 | — |