AREC
name pending profile ingest
Momentum inputs (comparable managers):
holder breadth +30.0% ·
share flow +27.0% ·
net new positions +20.0%
— formula
Broad accumulation — rising shares across more holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 53 | +16 | 24.86M | $53.42M | +23 | −7 |
| Q1 2026 | 38 | +6 | 22.75M | $55.05M | +11 | −5 |
| Q4 2025 | 32 | +1 | 15.27M | $37.89M | +3 | −2 |
| Q3 2025 | 10 | +4 | 6.17M | $16.66M | +4 | — |
| Q2 2025 | 4 | 0 | 4.61M | $3.82M | — | — |
| Q1 2025 | 2 | -1 | 856.98K | $400,457 | — | −1 |
| Q4 2024 | 3 | +1 | 1.00M | $1.01M | +1 | — |
| Q3 2024 | 1 | -1 | 637.72K | $580,448 | — | −1 |
| Q2 2024 | 2 | — | 667.87K | $488,445 | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | The Vanguard Group ✦ (passive) | 3.12M | +4.0% | $8.44M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 2 | The Vanguard Group ✦ (passive) | 3.12M | +4.0% | $8.44M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 3 | The Vanguard Group ✦ (passive) | 3.12M | +4.0% | $8.44M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 4 | BlackRock ✦ (passive) | 808.47K | +6.8% | $2.18M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 5 | Geode Capital Management ✦ (passive) | 690.17K | +9.8% | $1.86M | 0.0% | ▲ Add | 6 | SEC ↗ |
| 6 | Geode Capital Management ✦ (passive) | 690.17K | +9.8% | $1.86M | 0.0% | ▲ Add | 6 | SEC ↗ |
| 7 | Millennium Management ✦ | 564.40K | New | $1.52M | 0.0% | New | 1 | SEC ↗ |
| 8 | State Street Global Advisors ✦ (passive) | 299.72K | +35.3% | $809,249 | 0.0% | ▲ Add | 4 | SEC ↗ |
| 9 | Two Sigma Investments ✦ | 292.55K | New | $789,877 | 0.0% | New | 1 | SEC ↗ |
| 10 | Marshall Wace ✦ | 144.10K | New | $389,073 | 0.0% | New | 1 | SEC ↗ |
| 11 | Marshall Wace ✦ | 144.10K | New | $389,073 | 0.0% | New | 1 | SEC ↗ |
| 12 | Morgan Stanley ✦ | 124.04K | — | $334,910 | 0.0% | n/c | 1 | SEC ↗ |
| 13 | Morgan Stanley ✦ | 124.04K | — | $334,910 | 0.0% | n/c | 1 | SEC ↗ |
| 14 | Morgan Stanley ✦ | 124.04K | — | $334,910 | 0.0% | n/c | 1 | SEC ↗ |
| 15 | Goldman Sachs Group ✦ | 123.41K | — | $333,202 | 0.0% | n/c | 1 | SEC ↗ |
| 16 | Fidelity (FMR) ✦ | 100 | New | $270 | 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
| Millennium Management | $1.52M | 0.0% |
| Two Sigma Investments | $789,877 | 0.0% |
| Marshall Wace | $389,073 | 0.0% |
| Marshall Wace | $389,073 | 0.0% |
| Fidelity (FMR) | $270 | 0.0% |
Exited
| No tracked exits this quarter. |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 89 holders, 29.04M shares, $67.91M 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.