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: −$1.83M (10 inflow days, 10 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 40.2% of shares outstanding.
Reported short interest has fallen from 18.58% to 17.93% of float over the last 6 biweekly reports (30 Jun 2026 to 15 Sep 2026).
| Holder | Type | Period | Share change | New stake |
|---|---|---|---|---|
| First Light Asset Management, LLC | Mutual Fund | 2026/Q3 | +2,068,838 | 4.9% |
| Woodline Partners LP | Hedge Fund | 2026/Q3 | +1,307,439 | 1.9% |
| BlackRock | Mutual Fund | 2026/Q3 | +892,281 | 16.6% |
| Jennison Associates LLC | Mutual Fund | 2026/Q3 | +672,981 | 3.4% |
| Qube Research & Technologies Ltd | Mutual Fund | 2026/Q3 | +631,862 | 1.0% |
| Verition Fund Management LLC | Hedge Fund | 2026/Q3 | +592,881 | 1.0% |
| Millennium Management LLC | Hedge Fund | 2026/Q3 | +550,067 | 1.9% |
| Freestone Grove Partners LP | Hedge Fund | 2026/Q3 | +535,392 | 2.7% |
| BMO Asset Management | Mutual Fund | 2026/Q3 | +527,531 | 0.8% |
| Jacobs Levy Equity Management Inc | Mutual Fund | 2026/Q3 | +482,483 | 2.9% |
| Arrowstreet Capital, Limited Partnership | Mutual Fund | 2026/Q3 | +474,133 | 1.0% |
| Leap Investments LP | Mutual Fund | 2026/Q3 | +397,600 | 0.6% |
| Sessa Capital IM, L.P. | Hedge Fund | 2026/Q3 | +369,243 | 7.3% |
| Alberta Investment Management Corporation | Government Pension Fund | 2026/Q3 | +313,700 | 0.5% |
| Vanguard Portfolio Management, LLC | Mutual Fund | 2026/Q3 | +306,334 | 6.2% |
Institutional buy/sell activity by reporting period, largest moves first.
| Date | Insider | Title | Transaction | Shares | Price | Held after |
|---|---|---|---|---|---|---|
| 16 Sep 2026 | Mark Novara | Executive Vice President | Intent to Sell (Form 144) | -360 | $17.53 | – |
| 17 Aug 2026 | Mark Novara | Executive Vice President | Intent to Sell (Form 144) | -131 | $22.26 | – |
| 14 Aug 2026 | Jean-Claude Kyrillos | Chief Operating Officer | Derivative Exercise and Sale | -535 | $22.72 | 30,290 |
| 14 Aug 2026 | Jean-Claude Kyrillos | Chief Operating Officer | Derivative Exercise and Retained | +475 | – | 30,290 |
| 14 Aug 2026 | Shannon Hansen | Chief Legal, Privacy & Compliance Officer and Secretary | Derivative Exercise and Sale | -1,535 | $22.72 | 33,585 |
| 14 Aug 2026 | Shannon Hansen | Chief Legal, Privacy & Compliance Officer and Secretary | Derivative Exercise and Retained | +1,479 | – | 33,585 |
| 14 Aug 2026 | John Sheridan | Chief Executive Officer | Derivative Exercise and Sale | -8,099 | $22.72 | 160,260 |
| 14 Aug 2026 | John Sheridan | Chief Executive Officer | Derivative Exercise and Retained | +7,817 | – | 160,260 |
| 14 Aug 2026 | Leigh Vosseller | Chief Financial Officer | Derivative Exercise and Sale | -1,479 | $22.72 | 77,620 |
| 14 Aug 2026 | Leigh Vosseller | Chief Financial Officer | Derivative Exercise and Retained | +2,641 | – | 77,620 |
| 14 Aug 2026 | Rick Carpenter | Chief Technology Officer | Derivative Exercise and Sale | -1,277 | $22.72 | 32,148 |
| 14 Aug 2026 | Rick Carpenter | Chief Technology Officer | Derivative Exercise and Retained | +1,230 | – | 32,148 |
| 14 Aug 2026 | Susan Morrison | Executive Vice President | Derivative Exercise and Sale | -809 | $22.72 | 52,788 |
| 14 Aug 2026 | Susan Morrison | Executive Vice President | Derivative Exercise and Retained | +2,018 | – | 52,788 |
| 14 Aug 2026 | Elizabeth Gasser | Chief Strategy Officer | Derivative Exercise and Sale | -1,618 | $22.72 | 34,505 |
| 14 Aug 2026 | Elizabeth Gasser | Chief Strategy Officer | Derivative Exercise and Retained | +1,396 | – | 34,505 |
| 14 Jul 2026 | Jean-Claude Kyrillos | Chief Operating Officer | Derivative Exercise and Sale | -1,926 | $15.28 | 29,815 |
| 14 Jul 2026 | Jean-Claude Kyrillos | Chief Operating Officer | Derivative Exercise and Retained | +1,710 | – | 29,815 |
| 16 Jun 2026 | Mark Novara | Executive Vice President | Intent to Sell (Form 144) | -361 | $16.69 | – |
| 1 Jun 2026 | Elizabeth Gasser | Chief Strategy Officer | Other Acquisition | +7,160 | – | 33,109 |
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 | 12,474,385 | 17.9% | 7.9 |
| 31 Aug 2026 | 11,753,819 | 16.9% | 8.2 |
| 14 Aug 2026 | 10,585,732 | 15.2% | 3.9 |
| 31 Jul 2026 | 11,242,544 | 16.4% | 6.6 |
| 15 Jul 2026 | 13,115,208 | 19.1% | 8.7 |
| 30 Jun 2026 | 12,731,073 | 18.6% | 5.6 |
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