American Drive Acquisition Co Units
ADACU
18 hedge funds and large institutions have $25.9M invested in American Drive Acquisition Co Units in 2026 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 8 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
10.67% less ownership
Funds ownership: 23.35% → 12.68% (-11%)
31% less funds holding
Funds holding: 26 → 18 (-8)
44% less capital invested
Capital invested by funds: $46.6M → $25.9M (-$20.7M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$194K |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$20.3K |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$192 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$9.99M |
| 2 |
Millennium Management
New York
|
-$4.5M |
| 3 |
TAL
TIG Advisors LLC
New York
|
-$3.99M |
| 4 |
LGM
L1 Global Manager
Melbourne,
|
-$2M |
| 5 |
HCM
Heights Capital Management
San Francisco,
California
|
-$499K |
ADACU Hedge Fund Activity: Q2 2026 in Review
18 of the 8,318 institutional investors tracked by Wall St. Rank reported a position in American Drive Acquisition Co Units (ADACU) for Q2 2026, worth a combined $25.9M — down 44% from $46.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of ADACU and 0 opened new positions — a net loss of 8 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was Clear Street, adding an estimated $194K. The largest seller was MMCAP International, exiting entirely with an estimated $9.99M sold.
- 18 institutional investors held American Drive Acquisition Co Units (ADACU) as of Q2 2026, down from 26 in Q1 2026.
- Funds reported $25.9M of American Drive Acquisition Co Units stock for Q2 2026, down 44% quarter-over-quarter.
- 0 funds opened new American Drive Acquisition Co Units positions in Q2 2026 and 8 closed out, a net change of -8 holders.
- The largest American Drive Acquisition Co Units buyer in Q2 2026 was Clear Street, an estimated $194K added.
- The largest American Drive Acquisition Co Units seller in Q2 2026 was MMCAP International, an estimated $9.99M sold.
Based on aggregated 13F filings for Q2 2026.