Who owns ADSE
Which tracked institutional funds hold ADSE, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ADSE company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on ADSE is one-sided between 2026-Q1 and 2026-Q2: 2 added or opened and 0 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
ADSE’s largest tracked holder by dollar value, MIRABELLA FINANCIAL SERVICES LLP, sizes it at 30.3% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 30.3pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in ADSE divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 16 tracked filers holding ADSE, 5 increased or opened the position and 4 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in ADSE between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
Largest adds
- MIRABELLA FINANCIAL SERVICES LLP$42M
- Robert Bosch GmbH$13M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| MIRABELLA FINANCIAL SERVICES LLP added | 23,259,706 | $297M | 67.4% | 2026-Q2 |
| Robert Bosch GmbH | 10,462,451 | $133M | 30.3% | 2026-Q2 |
| DNB Asset Management AS | 145,752 | $2M | 0.4% | 2026-Q2 |
| PRELUDE CAPITAL MANAGEMENT, LLC | 56,814 | $724K | 0.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 35,800 | $456K | 0.1% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC | 35,718 | $455K | 0.1% | 2026-Q2 |
| UBS Group AG trimmed | 19,416 | $248K | 0.1% | 2026-Q2 |
| Aureus Asset Management, LLC | 15,000 | $191K | 0.0% | 2026-Q2 |
| MORGAN STANLEY added | 13,235 | $169K | 0.0% | 2026-Q2 |
| Crewe Advisors LLC | 5,000 | $64K | 0.0% | 2026-Q2 |
| WOLVERINE ASSET MANAGEMENT LLC added | 913 | $12K | 0.0% | 2026-Q2 |
| GAMMA Investing LLC trimmed | 802 | $10K | 0.0% | 2026-Q2 |
| Millstone Evans Group, LLC | 650 | $8K | 0.0% | 2026-Q2 |
| BARCLAYS PLC | 383 | $5K | 0.0% | 2026-Q2 |
| SBI Securities Co., Ltd. trimmed | 3 | $38 | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA | 14 | — | 0.0% | 2026-Q2 |
| Advisory Services Network, LLC new | 140 | $2K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| SIMPLEX TRADING, LLC trimmed | 36 | $414 | 0.0% | 2026-Q1 stale (1 quarter behind) |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 244 | $3K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| CITIGROUP INC new | 8 | $101 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Anson Funds Management LP added | 305,653 | $4M | 0.8% | 2025-Q3 stale (3 quarters behind) |
| JPMORGAN CHASE & CO trimmed | 49 | $588 | 0.0% | 2025-Q3 stale (3 quarters behind) |
| OSAIC HOLDINGS, INC. trimmed | 22 | $264 | 0.0% | 2025-Q3 stale (3 quarters behind) |
| FIRST TRUST ADVISORS LP added | 136,682 | $2M | 0.4% | 2025-Q2 stale (4 quarters behind) |
| MERCER GLOBAL ADVISORS INC /ADV | 10,489 | $145K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| Tower Research Capital LLC (TRC) added | 30 | $414 | 0.0% | 2025-Q2 stale (4 quarters behind) |
| BANK OF AMERICA CORP /DE/ trimmed | 1 | $14 | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.