Who Owns American Drive Acquisition Stock?
NASDAQ: ADACFinancial ServicesShell CompaniesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Ownership breakdown
- Held by institutions
- 85.98%
- Held by insiders
- 0.00%
- Institutional holders
- 52
- Institutions 86.0%
- Insiders 0.0%
- Public and other 14.0%
Who owns American Drive Acquisition stock?
Institutional investors own about 86.0% of American Drive Acquisition's shares, spread across 52 institutions that file 13F reports. That level of institutional ownership is high, typical of large, widely followed companies. Insiders, including executives, directors and large founding shareholders, hold 0.00% of ADAC.
The largest institutional holders are Tenor Capital Management Co., L.p. (5.43%), Adage Capital Partners GP L.L.C. (5.43%) and AQR Arbitrage LLC (4.66%). Together, the top 10 institutions control 44.0% of shares outstanding. In their latest filings, 1 of the top 10 institutions increased their ADAC positions and 0 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of ADAC
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Tenor Capital Management Co., L.p. | 1.25M | 5.43% | 0.0% |
| Adage Capital Partners GP L.L.C. | 1.25M | 5.43% | 0.0% |
| AQR Arbitrage LLC | 1.07M | 4.66% | 0.0% |
| Aristeia Capital, LLC | 1.02M | 4.42% | 0.0% |
| Alberta Investment Management Corp | 1.00M | 4.35% | 0.0% |
| MMCAP International, Inc. SPC | 1.00M | 4.35% | +100.0% |
| Polar Asset Management Partners Inc. | 1.00M | 4.35% | 0.0% |
| Magnetar Financial LLC | 999.99K | 4.35% | 0.0% |
| HGC Investment Management Inc. | 786.41K | 3.42% | 0.0% |
| Picton Mahoney Asset Management | 750.00K | 3.26% | 0.0% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Frequently asked questions
Who is the largest shareholder of American Drive Acquisition?
Tenor Capital Management Co., L.p. is the largest institutional shareholder of ADAC, owning 5.43% of shares outstanding (1.25M shares) as of its latest 13F filing.
What percentage of American Drive Acquisition is owned by institutions?
Institutions own about 86.0% of ADAC shares and 86.0% of the public float.
How much of American Drive Acquisition do insiders own?
Insiders, such as officers and directors, own about 0.00% of ADAC shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.