Adamas Trust
ADAM
157 hedge funds and large institutions have $362M invested in Adamas Trust in 2024 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 44 increasing their positions, 54 reducing their positions, and 27 closing their positions.
570% more call options, than puts
Call options by funds: $978K | Put options by funds: $146K
2% less ownership
Funds ownership: 56.61% → 54.61% (-2%)
2% less funds holding
Funds holding: 161 → 157 (-4)
11% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 27
18% less capital invested
Capital invested by funds: $439M → $362M (-$77.4M)
19% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 54
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$1.98M |
| 2 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$1.79M |
| 3 |
JP Morgan Chase
New York
|
+$967K |
| 4 |
Charles Schwab
San Francisco,
California
|
+$672K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$668K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$13.1M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$2.47M |
| 3 |
Lido Advisors
Los Angeles,
California
|
-$938K |
| 4 |
Millennium Management
New York
|
-$788K |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
-$733K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Nomura Asset Management
Tokyo,
Japan
| – | -$13K | -1,525 | Closed |
|
|
ASN
177
Advisory Services Network
Atlanta,
Georgia
| – | -$4.15K | -486 | Closed |
|
|
EWA
178
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$3.29K | -386 | Closed |
|
|
MPWT
179
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$1.24K | -145 | Closed |
|
|
BF
180
BOK Financial
Tulsa,
Oklahoma
| – | -$1.23K | -144 | Closed |
|
|
IPW
181
Impact Partnership Wealth
Marietta,
Georgia
| – | -$452 | -53 | Closed |
|
|
AF
182
Advisornet Financial
Minnetonka,
Minnesota
| – | -$213 | -25 | Closed |
|
|
TCM
183
Tradewinds Capital Management
Bellingham,
Washington
| – | -$69 | -8 | Closed |
|
|
C
184
Covestor
London,
United Kingdom
| – | -$8 | -1 | -10% |
|
ADAM Hedge Fund Activity: Q1 2024 in Review
157 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Adamas Trust (ADAM) for Q1 2024, worth a combined $362M — down 18% from $439M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of ADAM and 24 opened new positions — a net loss of 3 holders — while 54 trimmed existing stakes and 44 added.
The largest buyer was Invesco, adding an estimated $1.98M. The largest seller was Morgan Stanley, cutting an estimated $13.1M.
- 157 institutional investors held Adamas Trust (ADAM) as of Q1 2024, down from 161 in Q4 2023.
- Funds reported $362M of Adamas Trust stock for Q1 2024, down 18% quarter-over-quarter.
- 24 funds opened new Adamas Trust positions in Q1 2024 and 27 closed out, a net change of -3 holders.
- The largest Adamas Trust buyer in Q1 2024 was Invesco, an estimated $1.98M added.
- The largest Adamas Trust seller in Q1 2024 was Morgan Stanley, an estimated $13.1M sold.
Based on aggregated 13F filings for Q1 2024.