DBVT
name pending profile ingest
Momentum inputs (comparable managers):
holder breadth +30.0% ·
share flow -30.0% ·
net new positions +20.0%
— formula
Ownership fragmentation — more holders, smaller aggregate stake
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2025
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Adage Capital Partners ✦ | 345.93K | -67.2% | $3.46M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 2 | Millennium Management ✦ | 337.86K | +26.1% | $3.38M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 3 | Citadel Advisors ✦ | 22.05K | New | $220,490 | 0.0% | New | 1 | SEC ↗ |
| 4 | Two Sigma Investments ✦ | 16.68K | New | $166,820 | 0.0% | New | 1 | SEC ↗ |
| 5 | Morgan Stanley ✦ | 8.46K | — | $84,640 | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 6 | JPMorgan Chase ✦ | 40 | — | $400 | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 7 | BlackRock ✦ (passive) | 2 | New | $20 | 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
| Citadel Advisors | $220,490 | 0.0% |
| Two Sigma Investments | $166,820 | 0.0% |
| BlackRock | $20 | 0.0% |
Exited
| Point72 Asset Management | $155,718 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 70 holders, 21.18M shares, $425.10M 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.