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Institutional Ownership · SEC Form 13F

Who owns ADSE (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-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

17
Institutional holders
32,961,123
Shares held (tracked funds)

How the tape is positioned

1 tracked fund added or opened ADSE while 1 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

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 25.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 25.7pp 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 2025-Q4 and 2026-Q1, across 17 tracked filers holding ADSE, 6 increased or opened the position and 7 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 2025-Q4 and 2026-Q1 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$25M

Largest trims

  • Robert Bosch GmbH$12M

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).

FundSharesReported value% of valueQuarter
MIRABELLA FINANCIAL SERVICES LLP added22,169,949$255M66.2%2026-Q1
Robert Bosch GmbH10,462,451$120M31.2%2026-Q1
DNB Asset Management AS added145,752$2M0.4%2026-Q1
PRELUDE CAPITAL MANAGEMENT, LLC trimmed56,814$653K0.2%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC35,718$411K0.1%2026-Q1
RAYMOND JAMES FINANCIAL INC35,125$404K0.1%2026-Q1
UBS Group AG trimmed19,422$223K0.1%2026-Q1
Aureus Asset Management, LLC15,000$172K0.0%2026-Q1
MORGAN STANLEY added12,646$145K0.0%2026-Q1
Crewe Advisors LLC5,000$58K0.0%2026-Q1
GAMMA Investing LLC trimmed1,157$13K0.0%2026-Q1
WOLVERINE ASSET MANAGEMENT LLC trimmed866$10K0.0%2026-Q1
Millstone Evans Group, LLC650$7K0.0%2026-Q1
BARCLAYS PLC383$4K0.0%2026-Q1
Advisory Services Network, LLC new140$2K0.0%2026-Q1
SIMPLEX TRADING, LLC trimmed36$4140.0%2026-Q1
ROYAL BANK OF CANADA trimmed140.0%2026-Q1
Anson Funds Management LP added305,653$4M1.0%2025-Q3 stale
FIRST TRUST ADVISORS LP added136,682$2M0.5%2025-Q2 stale
HIGHBRIDGE CAPITAL MANAGEMENT LLC new30,326$455K0.1%2025-Q1 stale
MERCER GLOBAL ADVISORS INC /ADV10,489$145K0.0%2025-Q2 stale
GROUP ONE TRADING LLC new3,513$53K0.0%2025-Q1 stale
COLDSTREAM CAPITAL MANAGEMENT INC new405$6K0.0%2025-Q1 stale
BNP PARIBAS FINANCIAL MARKETS trimmed244$3K0.0%2025-Q4 stale
Russell Investments Group, Ltd. added171$3K0.0%2025-Q1 stale
Allworth Financial LP new50$6720.0%2025-Q1 stale
JPMORGAN CHASE & CO trimmed49$5880.0%2025-Q3 stale
Tower Research Capital LLC (TRC) added30$4140.0%2025-Q2 stale
OSAIC HOLDINGS, INC. trimmed22$2640.0%2025-Q3 stale
CITIGROUP INC new8$1010.0%2025-Q4 stale
SBI Securities Co., Ltd.8$1010.0%2025-Q4 stale
BANK OF AMERICA CORP /DE/ trimmed1$140.0%2025-Q2 stale
CONCOURSE FINANCIAL GROUP SECURITIES, INC.00.0%2025-Q2 stale

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.

HoldersTotal shares

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.

Learn how to read institutional ownership