American Drive Acquisition Co Units
ADACU
26 hedge funds and large institutions have $46.6M invested in American Drive Acquisition Co Units in 2026 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 41 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
61% less funds holding
Funds holding: 66 → 26 (-40)
79% less capital invested
Capital invested by funds: $221M → $46.6M (-$175M)
87.62% less ownership
Funds ownership: 110.97% → 23.35% (-88%)
98% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PEAK6
Chicago,
Illinois
|
+$1.61M |
| 2 |
PCM
Prelude Capital Management
New York
|
+$6.38K |
| 3 |
SPCM
Stoic Point Capital Management
Palo Alto,
California
|
+$6.38K |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$6K |
| 5 |
LPC
Lineage Point Capital
Palm Beach,
Florida
|
+$3.13K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$12.5M |
| 2 |
TCM
Tenor Capital Management
New York
|
-$12.5M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$10.6M |
| 4 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$10.1M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$9.99M |
ADACU Hedge Fund Activity: Q1 2026 in Review
26 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in American Drive Acquisition Co Units (ADACU) for Q1 2026, worth a combined $46.6M — down 79% from $221M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of ADACU and 1 opened new positions — a net loss of 40 holders — while 4 trimmed existing stakes and 7 added.
The largest buyer was PEAK6, adding an estimated $1.61M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $12.5M sold.
- 26 institutional investors held American Drive Acquisition Co Units (ADACU) as of Q1 2026, down from 66 in Q4 2025.
- Funds reported $46.6M of American Drive Acquisition Co Units stock for Q1 2026, down 79% quarter-over-quarter.
- 1 fund opened new American Drive Acquisition Co Units positions in Q1 2026 and 41 closed out, a net change of -40 holders.
- The largest American Drive Acquisition Co Units buyer in Q1 2026 was PEAK6, an estimated $1.61M added.
- The largest American Drive Acquisition Co Units seller in Q1 2026 was Adage Capital Partners, an estimated $12.5M sold.
Based on aggregated 13F filings for Q1 2026.