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ADAM

Adamas Trust

170 hedge funds and large institutions have $336M invested in Adamas Trust in 2025 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 55 increasing their positions, 59 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

459% more call options, than puts

Call options by funds: $1.14M | Put options by funds: $204K

0% more capital invested

Capital invested by funds: $335M → $336M (+$1.43M)

4% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 27

7% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 59

1% less funds holding

Funds holding: 172170 (-2)

1.89% less ownership

Funds ownership: 55.16%53.26% (-1.9%)

Holders
170
Holders Change
-2
Holders Change %
-1.16%
% of All Funds
2.23%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
26
Increased
55
Reduced
59
Closed
27
Calls
$1.14M
Puts
$204K
Net Calls
+$936K
Net Calls Change
+$305K
Name Holding Trade Value Shares
Change
Change in
Stake
CAU
51
Caxton Associates (UK)
$488K +$269K +38,714 +124%
Deutsche Bank
52
Deutsche Bank
Germany
$461K
Thrivent Financial for Lutherans
53
Thrivent Financial for Lutherans
Minnesota
$422K -$40.3K -5,802 -9%
Jane Street
54
Jane Street
New York
$421K +$295K +42,445 +237%
QCM
55
Quantinno Capital Management
New York
$412K +$109K +15,736 +36%
SOW
56
State of Wyoming
Wyoming
$373K -$301K -43,360 -45%
CIBC World Market
57
CIBC World Market
Ontario, Canada
$350K +$266K +38,244 +319%
PCM
58
Polymer Capital Management
New York
$349K -$74K -10,647 -18%
MIM
59
MetLife Investment Management
New Jersey
$346K -$12.7K -1,825 -4%
Verition Fund Management
60
Verition Fund Management
Connecticut
$341K +$204K +29,300 +150%
IMRF
61
Illinois Municipal Retirement Fund
Illinois
$328K +$5.87K +844 +2%
Teacher Retirement System of Texas
62
Teacher Retirement System of Texas
Texas
$315K +$223K +32,056 +245%
FFP
63
FourThought Financial Partners
Florida
$314K +$313K +45,012 New
Citigroup
64
Citigroup
New York
$294K -$358K -51,444 -55%
SOADOR
65
State of Alaska Department of Revenue
Alaska
$294K -$79.6K -11,451 -21%
Janus Henderson Group
66
Janus Henderson Group
United Kingdom
$291K
VOYA Investment Management
67
VOYA Investment Management
Georgia
$281K -$96.3K -13,861 -26%
State of Tennessee, Department of Treasury
68
State of Tennessee, Department of Treasury
Tennessee
$270K +$11.9K +1,712 +5%
LSERS
69
Louisiana State Employees Retirement System
Louisiana
$269K -$25K -3,600 -9%
VA
70
Vident Advisory
Georgia
$263K +$19.1K +2,752 +8%
Victory Capital Management
71
Victory Capital Management
Texas
$260K +$127K +18,281 +96%
Commonwealth Equity Services
72
Commonwealth Equity Services
Massachusetts
$227K +$4.05K +582 +2%
CC
73
Corton Capital
Ontario, Canada
$221K +$220K +31,703 New
Comerica Bank
74
Comerica Bank
Texas
$214K -$50.3K -7,230 -19%
Manulife (Manufacturers Life Insurance)
75
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$204K -$22.8K -3,274 -10%

ADAM Hedge Fund Activity: Q3 2025 in Review

170 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Adamas Trust (ADAM) for Q3 2025, worth a combined $336M — up 0.43% from $335M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of ADAM and 26 opened new positions — a net loss of 1 holder — while 59 trimmed existing stakes and 55 added.

The largest buyer was Renaissance Technologies, adding an estimated $1.24M. The largest seller was BlackRock, cutting an estimated $5.29M.

  • 170 institutional investors held Adamas Trust (ADAM) as of Q3 2025, down from 172 in Q2 2025.
  • Funds reported $336M of Adamas Trust stock for Q3 2025, up 0.43% quarter-over-quarter.
  • 26 funds opened new Adamas Trust positions in Q3 2025 and 27 closed out, a net change of -1 holder.
  • The largest Adamas Trust buyer in Q3 2025 was Renaissance Technologies, an estimated $1.24M added.
  • The largest Adamas Trust seller in Q3 2025 was BlackRock, an estimated $5.29M sold.

Based on aggregated 13F filings for Q3 2025.