Adamas Trust
ADAM
161 hedge funds and large institutions have $502M invested in Adamas Trust in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 62 increasing their positions, 66 reducing their positions, and 69 closing their positions.
56% more call options, than puts
Call options by funds: $1.13M | Put options by funds: $729K
41.79% more ownership
Funds ownership: 13.26% → 55.05% (+42%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $505M → $502M (-$3.63M)
6% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 66
29% less funds holding
Funds holding: 226 → 161 (-65)
90% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 69
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$3.59M |
| 2 |
EH
EMG Holdings
Old Greenwich,
Connecticut
|
+$3.49M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.46M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.88M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$1.51M |
| 2 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$1.29M |
| 3 |
BlackRock
New York
|
-$985K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$506K |
| 5 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
-$485K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
226
Truvestments Capital
Sarasota,
Florida
| – | -$1.4K | -137 | Closed |
|
|
CAS
227
Coppell Advisory Solutions
Coppell,
Texas
| – | -$253 | -25 | Closed |
|
|
CASC
228
Coppell Advisory Solutions Corp
Coppell,
Texas
| – | -$253 | -25 | Closed |
|
|
FGAM
229
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$17 | -1 | Closed |
|
230
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$3 | – | – |
|
ADAM Hedge Fund Activity: Q1 2023 in Review
161 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Adamas Trust (ADAM) for Q1 2023, worth a combined $502M — down 0.72% from $505M a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of ADAM and 7 opened new positions — a net loss of 62 holders — while 66 trimmed existing stakes and 62 added.
The largest buyer was Wolverine Asset Management, adding an estimated $3.59M. The largest seller was Balyasny Asset Management, cutting an estimated $1.51M.
- 161 institutional investors held Adamas Trust (ADAM) as of Q1 2023, down from 226 in Q4 2022.
- Funds reported $502M of Adamas Trust stock for Q1 2023, down 0.72% quarter-over-quarter.
- 7 funds opened new Adamas Trust positions in Q1 2023 and 69 closed out, a net change of -62 holders.
- The largest Adamas Trust buyer in Q1 2023 was Wolverine Asset Management, an estimated $3.59M added.
- The largest Adamas Trust seller in Q1 2023 was Balyasny Asset Management, an estimated $1.51M sold.
Based on aggregated 13F filings for Q1 2023.