AARD
name pending profile ingest
Momentum inputs (comparable managers):
holder breadth -14.3% ·
share flow -1.4% ·
net new positions -16.7%
— formula
Broad distribution — falling shares and fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 33 | -3 | 3.60M | $20.75M | +8 | −11 |
| Q1 2026 | 38 | +4 | 4.37M | $16.46M | +7 | −3 |
| Q4 2025 | 34 | 0 | 4.40M | $57.77M | +1 | −1 |
| Q3 2025 | 12 | +3 | 3.34M | $44.36M | +3 | — |
| Q2 2025 | 6 | -1 | 2.30M | $31.09M | +1 | −2 |
| Q1 2025 | 5 | +5 | 1.66M | $12.38M | +5 | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Citadel Advisors ✦ | 1.28M | +0.8% | $17.36M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 2 | Citadel Advisors ✦ | 1.28M | +0.8% | $17.36M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 3 | The Vanguard Group ✦ (passive) | 460.98K | — | $6.23M | 0.0% | n/c | 1 | SEC ↗ |
| 4 | The Vanguard Group ✦ (passive) | 460.98K | — | $6.23M | 0.0% | n/c | 1 | SEC ↗ |
| 5 | The Vanguard Group ✦ (passive) | 460.98K | — | $6.23M | 0.0% | n/c | 1 | SEC ↗ |
| 6 | BlackRock ✦ (passive) | 205.79K | — | $2.78M | 0.0% | n/c | 1 | SEC ↗ |
| 7 | BlackRock ✦ (passive) | 205.79K | — | $2.78M | 0.0% | n/c | 1 | SEC ↗ |
| 8 | BlackRock ✦ (passive) | 205.79K | — | $2.78M | 0.0% | n/c | 1 | SEC ↗ |
| 9 | BlackRock ✦ (passive) | 205.79K | — | $2.78M | 0.0% | n/c | 1 | SEC ↗ |
| 10 | BlackRock ✦ (passive) | 205.79K | — | $2.78M | 0.0% | n/c | 1 | SEC ↗ |
| 11 | Adage Capital Partners ✦ | 175.00K | -30.0% | $2.37M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 12 | Geode Capital Management ✦ (passive) | 136.93K | +129.7% | $1.85M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 13 | Geode Capital Management ✦ (passive) | 136.93K | +129.7% | $1.85M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 14 | State Street Global Advisors ✦ (passive) | 37.31K | New | $504,458 | 0.0% | New | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| State Street Global Advisors | $504,458 | 0.0% |
Exited
| Millennium Management | $492,956 | was 0.0% |
| Two Sigma Investments | $115,834 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 78 holders, 10.19M shares, $38.36M reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.