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: −$4.56M (7 inflow days, 13 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 28.3% of shares outstanding.
Reported short interest has fallen from 14.12% to 12.80% of float over the last 6 biweekly reports (30 Jun 2026 to 15 Sep 2026).
| Holder | Type | Period | Share change | New stake |
|---|---|---|---|---|
| State Street Global Advisors | Mutual Fund | 2026/Q3 | +5,860,497 | 4.9% |
| D. E. Shaw & Co., L.P. | Hedge Fund | 2026/Q3 | +4,818,464 | 4.2% |
| Renaissance Technologies Corp. | Hedge Fund | 2026/Q3 | +4,740,800 | 3.9% |
| Van Eck Associates Corporation | Mutual Fund | 2026/Q3 | +4,252,222 | 2.8% |
| Two Sigma Investments, LP | Hedge Fund | 2026/Q3 | +3,094,247 | 2.4% |
| Alyeska Investment Group, L.P. | Hedge Fund | 2026/Q3 | +2,500,860 | 1.6% |
| Tidal Investments LLC | Mutual Fund | 2026/Q3 | +2,030,328 | 1.3% |
| UBS Asset Management | Mutual Fund | 2026/Q3 | +1,672,635 | 1.8% |
| Tema ETFs LLC | Mutual Fund | 2026/Q3 | +1,510,426 | 1.0% |
| Millennium Management LLC | Hedge Fund | 2026/Q3 | +1,479,180 | 2.7% |
| BlackRock | Mutual Fund | 2026/Q3 | +1,420,216 | 4.8% |
| Palisades Investment Partners, LLC | Mutual Fund | 2026/Q3 | +1,351,004 | 0.9% |
| Jane Street Group, LLC | Private Company | 2026/Q3 | +1,330,335 | 2.0% |
| AQR Capital Management | Hedge Fund | 2026/Q3 | +1,248,798 | 1.6% |
| Canada Pension Plan Investment Board | Government Pension Fund | 2026/Q3 | +1,167,500 | 0.8% |
Institutional buy/sell activity by reporting period, largest moves first.
| Date | Insider | Title | Transaction | Shares | Price | Held after |
|---|---|---|---|---|---|---|
| 19 Sep 2026 | Emiliano Kargieman | Chief Executive Officer | Derivative Exercise and Retained | +29,554 | – | 1,422,732 |
| 19 Sep 2026 | Dustin Greer | Former Officer | Derivative Exercise and Retained | +12,043 | – | 69,463 |
| 19 Sep 2026 | Alan Kharsansky | Chief Technology Officer | Derivative Exercise and Retained | +17,758 | – | 83,303 |
| 3 Sep 2026 | Frank Whitworth | President | Initial Statement of Beneficial | +0 | – | – |
| 20 Aug 2026 | Dustin Greer | Former Officer | Initial Statement of Beneficial | +0 | – | 140,790 |
| 19 Jul 2026 | Emiliano Kargieman | Chief Executive Officer | Derivative Exercise and Retained | +9,491 | – | 1,393,178 |
| 19 Jul 2026 | Alan Kharsansky | Chief Technology Officer | Derivative Exercise and Retained | +3,418 | – | 65,545 |
| 19 Jun 2026 | Richard Dunn | Chief Financial Officer | Derivative Exercise and Retained | +30,899 | – | 258,927 |
| 19 Jun 2026 | Emiliano Kargieman | Chief Executive Officer | Derivative Exercise and Retained | +20,064 | – | 1,383,687 |
| 19 Jun 2026 | Alan Kharsansky | Chief Technology Officer | Derivative Exercise and Retained | +14,342 | – | 62,127 |
| 10 Jun 2026 | Emiliano Kargieman | Chief Executive Officer | Other Derivative Acquisition | +164,875 | $7.52 | 164,875 |
| 10 Jun 2026 | Emiliano Kargieman | Chief Executive Officer | Other Derivative Acquisition | +200,443 | – | 200,443 |
| 10 Jun 2026 | Ted Wang | Independent Director | Other Derivative Acquisition | +32,665 | – | 32,665 |
| 9 Jun 2026 | Kelly Kennedy | Director | Other Derivative Acquisition | +20,787 | – | 20,787 |
| 9 Jun 2026 | Emiliano Kargieman | Chief Executive Officer | Other Derivative Acquisition | +197,330 | $6.28 | 197,330 |
| 9 Jun 2026 | Emiliano Kargieman | Chief Executive Officer | Other Derivative Acquisition | +200,443 | – | 200,443 |
| 9 Jun 2026 | Peter Killalea | Independent Director | Other Derivative Acquisition | +27,914 | – | 27,914 |
| 9 Jun 2026 | Miguel Gutierrez | Independent Director | Other Derivative Acquisition | +20,787 | – | 20,787 |
| 9 Jun 2026 | Alan Kharsansky | Chief Technology Officer | Other Derivative Acquisition | +84,335 | – | 84,335 |
| 30 May 2026 | Kelly Kennedy | Director | Derivative Exercise and Retained | +49,435 | – | 180,685 |
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 | 19,684,398 | 12.8% | 5.0 |
| 31 Aug 2026 | 18,467,745 | 12.0% | 4.6 |
| 14 Aug 2026 | 19,690,946 | 12.8% | 2.6 |
| 31 Jul 2026 | 18,612,582 | 12.6% | 4.1 |
| 15 Jul 2026 | 19,782,177 | 13.3% | 4.3 |
| 30 Jun 2026 | 20,933,599 | 14.1% | 2.1 |
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