Who holds it, who is betting against it, and where the big money is moving
Net of large-order buying minus selling, in USD. Over this window: −$1.49M (8 inflow days, 12 outflow days).
Super/Big orders approximate institutional-size trades; Mid/Small approximate retail-size trades. Net buy minus sell value in each bucket, summed over the window.
The five largest holders on file together own 26.2% of shares outstanding.
Reported short interest has risen from 2.28% to 2.38% of float over the last 6 biweekly reports (30 Jun 2026 to 15 Sep 2026).
| Holder | Type | Period | Share change | New stake |
|---|---|---|---|---|
| Ares Management LLC | Hedge Fund | 2026/Q3 | +534,151 | 4.0% |
| UBS Asset Management | Mutual Fund | 2026/Q3 | +522,846 | 2.0% |
| Van Eck Associates Corporation | Mutual Fund | 2026/Q3 | +484,649 | 2.2% |
| Private Management Group Inc | Mutual Fund | 2026/Q3 | +479,536 | 4.6% |
| GCM Grosvenor Inc. | VC/PE Fund | 2026/Q3 | +475,000 | 0.5% |
| Putnam LLC | Mutual Fund | 2026/Q3 | +395,024 | 1.3% |
| Russell Investment Management, LLC | Mutual Fund | 2026/Q3 | +386,738 | 1.2% |
| Thrivent Investment Management, Inc. | Mutual Fund | 2026/Q3 | +326,935 | 0.5% |
| Cresset Asset Management, LLC | Mutual Fund | 2026/Q3 | +220,943 | 2.4% |
| Bank of America Corporation | Public Company | 2026/Q3 | +209,914 | 0.2% |
| RiverNorth Capital Management, LLC | Mutual Fund | 2026/Q3 | +205,194 | 0.2% |
| Two Sigma Investments, LP | Hedge Fund | 2026/Q3 | +150,647 | 1.1% |
| Privium Fund Management (UK) Limited | Hedge Fund | 2026/Q3 | +150,500 | 0.1% |
| Marshall Wace LLP | Hedge Fund | 2026/Q3 | +122,815 | 0.1% |
| Citadel Advisors LLC | Hedge Fund | 2026/Q3 | +103,326 | 0.1% |
Institutional buy/sell activity by reporting period, largest moves first.
| Date | Insider | Title | Transaction | Shares | Price | Held after |
|---|---|---|---|---|---|---|
| 2 Jun 2026 | Thomas McDonnell | Chief Executive Officer | Open Market Acquisition | +10,000 | $8.27 | 26,000 |
| 31 Dec 2025 | Thomas McDonnell | Chief Executive Officer | Initial Statement of Beneficial | +0 | – | 16,000 |
| 8 Dec 2025 | Stephen Byers | Independent Director | Open Market Acquisition | +6,761 | $8.97 | 64,572 |
| 8 Dec 2025 | Stephen Byers | Independent Director | Open Market Disposition | -5,671 | $8.98 | 64,572 |
| 5 Jun 2025 | Stephen Byers | Independent Director | Open Market Acquisition | +8,700 | $8.89 | 59,734 |
| 5 Jun 2025 | Elizabeth Murray | CFO, COO & Controller | Open Market Acquisition | +3,400 | $8.84 | 25,387 |
| 18 May 2025 | Eric Lloyd | Chairperson & CEO | Open Market Acquisition | +34,375 | $9.13 | 73,569 |
| 18 May 2025 | Matthew Freund | President | Open Market Disposition | -1 | $9.06 | 20,000 |
| 12 Dec 2024 | Stephen Byers | Independent Director | Open Market Acquisition | +9,548 | $9.89 | 50,001 |
| 11 Dec 2024 | Michael O'Connor | Open Market Disposition | -29,423 | $9.70 | – | |
| 10 Dec 2024 | Elizabeth Murray | CFO, COO & Controller | Open Market Acquisition | +2,000 | $9.70 | 20,805 |
| 10 Dec 2024 | Matthew Freund | President | Open Market Acquisition | +2,500 | $9.72 | 15,971 |
| 14 Nov 2024 | Stephen Byers | Independent Director | Open Market Acquisition | +14,915 | $9.95 | 40,453 |
| 8 May 2024 | Michael Freno | Former Chairperson | Open Market Acquisition | +27,500 | $9.73 | 71,145 |
| 7 Mar 2024 | Matthew Freund | President | Initial Statement of Beneficial | +0 | – | 12,130 |
| 27 Feb 2024 | Stephen Byers | Independent Director | Open Market Acquisition | +570 | $9.70 | 21,648 |
From Form 4/Form 144 filings. Negative share counts are disposals (sales, gifts, or shares withheld for taxes); positive are acquisitions.
| Report date | Shares short | % of float | Days to cover |
|---|---|---|---|
| 15 Sep 2026 | 2,492,878 | 2.4% | 3.8 |
| 31 Aug 2026 | 2,159,006 | 2.1% | 2.5 |
| 14 Aug 2026 | 2,698,653 | 2.6% | 3.0 |
| 31 Jul 2026 | 2,989,918 | 2.9% | 6.2 |
| 15 Jul 2026 | 2,702,169 | 2.6% | 4.3 |
| 30 Jun 2026 | 2,382,275 | 2.3% | 3.0 |
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