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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
CC
76
Centiva Capital
New York
$199K +$198K +28,516 New
GCM
77
Graham Capital Management
Connecticut
$197K +$94.4K +13,584 +93%
Osaic Holdings
78
Osaic Holdings
Arizona
$186K -$12.8K -1,846 -7%
YCM
79
Yousif Capital Management
Michigan
$184K -$51.8K -7,455 -22%
State Board of Administration of Florida Retirement System
80
State Board of Administration of Florida Retirement System
Florida
$181K
TRSOTSOK
81
Teachers Retirement System of the State of Kentucky
Kentucky
$180K -$28.9K -4,161 -14%
Mercer Global Advisors
82
Mercer Global Advisors
Colorado
$178K +$67.1K +9,655 +61%
ASRS
83
Arizona State Retirement System
Arizona
$177K +$1.79K +257 +1%
AB
84
Amalgamated Bank
New York
$172K -$8.89K -1,279 -5%
PFSRSONJ
85
Police & Firemen's Retirement System of New Jersey
New Jersey
$171K +$35.5K +5,100 +26%
Public Employees Retirement Association of Colorado
86
Public Employees Retirement Association of Colorado
Colorado
$171K
Susquehanna International Group
87
Susquehanna International Group
Pennsylvania
$162K -$587K -84,458 -78%
COPPSERS
88
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$149K -$12.5K -1,793 -8%
BNP Paribas Financial Markets
89
BNP Paribas Financial Markets
France
$147K -$30.1K -4,330 -17%
MCM
90
Massar Capital Management
Connecticut
$146K +$145K +20,912 New
DFCM
91
Dark Forest Capital Management
Puerto Rico
$144K -$13.6K -1,958 -9%
New York State Common Retirement Fund
92
New York State Common Retirement Fund
New York
$135K
OPERF
93
Oregon Public Employees Retirement Fund
Oregon
$132K -$11.8K -1,700 -8%
IC
94
IEQ Capital
California
$130K +$130K +18,674 New
National Bank of Canada
95
National Bank of Canada
Quebec, Canada
$124K +$122K +17,490 +5,734%
Zurich Cantonal Bank
96
Zurich Cantonal Bank
Switzerland
$121K
ZIM
97
Zacks Investment Management
Illinois
$118K +$118K +16,956 New
P
98
&Partners
Tennessee
$115K +$1.09K +157 +1%
SO
99
STRS Ohio
Ohio
$114K
B
100
Bailard
California
$113K +$113K +16,200 New

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.