Institutional HoldersBeta
Who holds a company, from every 13F filed for the quarter, one row per filer exactly as filed, against the latest share count the company reported.
Share classes (cover page of the 10-Q filed 2026-08-14, as of 2026-08-14)
| Class | Listed | Shares outstanding | Held by 13F filers | % of class | Holders | CUSIP |
|---|---|---|---|---|---|---|
| Common Class A | ADAC · NASDAQ | 23,000,000 | 19,796,982 | 86.1% | 52 | G0R91M105 |
| Common Class B | not listed | 5,750,000 | — | — |
Each class is compared with its own share count; classes are not added together. A class that is not exchange-listed cannot be held by 13F filers.
Top holders (52 of 52 · G0R91M105)
change vs 2026-03-31Exited since 2026-03-31 (1 filers; largest 1 shown)
| ROYAL BANK OF CANADA | −13,704 |
Large holders from 13D/13G (latest per reporting person, last 2 years)
Filed when a holder crosses 5% or changes materially, so often more current than the quarter-end 13F. Percentages are the filer's own, against the share count they used.
| Reporting person | Form | Filed | Event | Shares | % of class |
|---|---|---|---|---|---|
| MM Asset Management Inc. | SCHEDULE 13G/A | 2026-02-13 | 2025-12-31 | 1,000,000 | 4.4% |
| MMCAP International Inc. SPC | SCHEDULE 13G/A | 2026-02-13 | 2025-12-31 | 1,000,000 | 4.4% |
| Petit Monts LLC | SCHEDULE 13G | 2026-02-13 | 2025-12-31 | 8,316,667 | 25.39% |
| Adage Capital Management, L.P. | SCHEDULE 13G | 2026-02-12 | 2025-12-31 | 1,250,000 | 5.43% |
| Phillip Gross | SCHEDULE 13G | 2026-02-12 | 2025-12-31 | 1,250,000 | 5.43% |
| Robert Atchinson | SCHEDULE 13G | 2026-02-12 | 2025-12-31 | 1,250,000 | 5.43% |
| Robin Shah | SCHEDULE 13G | 2025-12-22 | 2025-12-18 | 1,250,000 | 6.3% |
| Tenor Capital Management Company, L.P. | SCHEDULE 13G | 2025-12-22 | 2025-12-18 | 1,250,000 | 6.3% |
| Tenor Opportunity Master Fund, Ltd. | SCHEDULE 13G | 2025-12-22 | 2025-12-18 | 1,250,000 | 6.3% |
Source: SEC Form 13F-HR information tables for the quarter ending 2026-06-30 (filed within 45 days of quarter end; amendments applied; values normalised to dollars), the share count from the company's latest 10-K/10-Q XBRL cover page, and Schedule 13D/13G filings. Each row is a legal 13F filer as filed — related entities (e.g. Vanguard's advisers) are not merged. Retail brokerage accounts are not reported on 13F, so the remainder is mostly retail and insiders.