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Adamas Trust, Inc.

ADAM
Exchange
Nasdaq
Industry
Real Estate Investment Trusts
SEC CIK
0001273685

No open-market purchases or sales by Adamas Trust, Inc. insiders were filed in the last 90 days; 207 institutions reported holding it in 13F filings for Q2 2026, worth $457.8M in total; no superinvestor holds it.

Other share classesADAMGADAMHADAMIADAMKADAMLADAMMADAMNADAMOADAMZ

13F holders, Q3 2025

Institutional positions in Adamas Trust, Inc. as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
170
−1 vs. Q2 2025
Shares held
48.1M
−1.69M (−3.4%) vs. Q2 2025
Total value
$336.1M
+$1.50M (+0.4%) vs. Q2 2025
New holders
26
55 more added
Sold out
27
59 more reduced

1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting ADAM on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 170 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 1 institutionQ1 2022: 1 institutionQ2 2022: 1 institutionQ3 2022: 1 institutionQ4 2022: 2 institutionsQ1 2023: 158 institutionsQ2 2023: 162 institutionsQ3 2023: 162 institutionsQ4 2023: 160 institutionsQ1 2024: 156 institutionsQ2 2024: 158 institutionsQ3 2024: 157 institutionsQ4 2024: 168 institutionsQ1 2025: 173 institutionsQ2 2025: 172 institutionsQ3 2025: 170 institutionsQ4 2025: 183 institutionsQ1 2026: 186 institutionsQ2 2026: 207 institutions
Value heldQ3 2025: $340.5M
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $11.3KQ1 2022: $456Q2 2022: $11.6KQ3 2022: $9.76KQ4 2022: $10.8KQ1 2023: $502.4MQ2 2023: $479.8MQ3 2023: $408.4MQ4 2023: $440.5MQ1 2024: $377.3MQ2 2024: $301.2MQ3 2024: $321.4MQ4 2024: $313.1MQ1 2025: $319.6MQ2 2025: $335.8MQ3 2025: $340.5MQ4 2025: $360.9MQ1 2026: $353.2MQ2 2026: $457.8M
Institutions holding ADAM and their total value by quarter
QuarterHoldersValue
Q2 2026207$457.8M
Q1 2026186$353.2M
Q4 2025183$360.9M
Q3 2025170$340.5M
Q2 2025172$335.8M
Q1 2025173$319.6M
Q4 2024168$313.1M
Q3 2024157$321.4M
Q2 2024158$301.2M
Q1 2024156$377.3M
Q4 2023160$440.5M
Q3 2023162$408.4M
Q2 2023162$479.8M
Q1 2023158$502.4M
Q4 20222$10.8K
Q3 20221$9.76K
Q2 20221$11.6K
Q1 20221$456
Q4 20211$11.3K
Q3 20210$0
Q2 20210$0
Q1 20210$0

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Adamas Trust, Inc.; share changes are against Q2 2025.

Institutions holding ADAM in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.13,215,362$92.1M0.00%−760,642−5.4%Reduced
Vanguard Group Inc6,100,710$42.5M0.00%−145,097−2.3%Reduced
Allspring Global Investments Holdings, LLC3,602,435$25.1M0.04%−219,268−5.7%Reduced
State Street Corp3,342,306$24.1M0.00%−99,759−2.9%Reduced
Invesco Ltd.2,930,292$20.4M0.00%−211,512−6.7%Reduced
Geode Capital Management, LLC2,232,088$15.6M0.00%−16,837−0.7%Reduced
Mirae Asset Global ETFs Holdings Ltd.2,198,126$15.3M0.02%+158,673+7.8%Added
Charles Schwab Investment Management Inc1,499,735$10.5M0.00%+152,954+11.4%Added
Northern Trust Corp1,016,990$7.09M0.00%−16,180−1.6%Reduced
Van Eck Associates Corp777,356$5.42M0.01%+24,723+3.3%Added
Morgan Stanley761,493$5.31M0.00%−240,087−24.0%Reduced
Bank of New York Mellon Corp751,627$5.24M0.00%−56,355−7.0%Reduced
JPMorgan Chase & Co641,981$4.47M0.00%−58,513−8.4%Reduced
Wolverine Asset Management LLC466,699$3.25M0.05%+143,549+44.4%Added
Bank of America Corp425,486$2.97M0.00%−28,992−6.4%Reduced
Two Sigma Investments, LP417,157$2.91M0.00%+82,347+24.6%Added
Principal Financial Group Inc405,511$2.83M0.00%−41,865−9.4%Reduced
Public Sector Pension Investment Board327,587$2.28M0.01%+19,092+6.2%Added
Goldman Sachs Group Inc321,340$2.24M0.00%+123,303+62.3%Added
Renaissance Technologies LLC315,010$2.20M0.00%+177,760+129.5%Added
UBS Group AG294,464$2.05M0.00%−232,764−44.1%Reduced
Wells Fargo & Company260,813$1.82M0.00%+160,635+160.3%Added
Rhumbline Advisers251,401$1.75M0.00%−12,536−4.7%Reduced
Legal & General Group Plc222,077$1.55M0.00%−31,973−12.6%Reduced
Barclays PLC214,570$1.50M0.00%+52,683+32.5%Added
Ameriprise Financial Inc206,713$1.45M0.00%−22,266−9.7%Reduced
Nuveen, LLC202,659$1.41M0.00%00.0%Unchanged
Penserra Capital Management LLC165,368$1.15M0.01%+5,603+3.5%Added
Swiss National Bank164,330$1.15M0.00%00.0%Unchanged
Los Angeles Capital Management LLC162,413$1.13M0.00%−58,314−26.4%Reduced
Royal Bank of Canada161,645$1.13M0.00%−14,774−8.4%Reduced
Russell Investments Group, Ltd.158,358$1.10M0.00%+155,520+5,479.9%Added
UBS Asset Management Americas Inc157,855$1.10M0.00%+51,019+47.8%Added
Millennium Management LLC151,121$1.05M0.00%+63,659+72.8%Added
D. E. Shaw & Co., Inc.147,036$1.02M0.00%+35,603+32.0%Added
AQR Capital Management LLC137,207$956.3K0.00%+87,678+177.0%Added
Range Financial Group LLC133,804$932.6K0.34%+116,500+673.3%Added
New York State Teachers Retirement System128,912$899.0K0.00%−600−0.5%Reduced
SEI Investments Co106,739$744.0K0.00%+5,632+5.6%Added
Price T Rowe Associates Inc102,467$715.0K0.00%+4,388+4.5%Added
Two Sigma Advisers, LP96,801$674.7K0.00%−9,100−8.6%Reduced
One William Street Capital Management, L.P.92,182$642.5K4.12%+92,182New
RMB Capital Management, LLC90,330$629.6K0.01%00.0%Unchanged
Intech Investment Management LLC87,919$612.8K0.01%−835−0.9%Reduced
Prudential Financial Inc87,480$609.7K0.00%−9,150−9.5%Reduced
Alliancebernstein L.P.83,672$583.2K0.00%00.0%Unchanged
California State Teachers Retirement System83,250$580.3K0.00%+40.0%Added
Campbell & CO Investment Adviser LLC80,767$562.9K0.04%−50,268−38.4%Reduced
Engineers Gate Manager LP77,480$540.0K0.01%+27,199+54.1%Added
State of Wisconsin Investment Board74,472$519.1K0.00%+74,472New
Caxton Associates LLP69,947$487.5K0.01%+38,714+124.0%Added
Deutsche Bank AG66,130$460.9K0.00%00.0%Unchanged
Thrivent Financial for Lutherans60,595$422.0K0.00%−5,802−8.7%Reduced
Jane Street Group, LLC60,335$420.5K0.00%+42,445+237.3%Added
Quantinno Capital Management LP59,163$412.4K0.00%+15,736+36.2%Added
State of Wyoming53,497$372.9K0.04%−43,360−44.8%Reduced
CIBC World Markets Inc.50,244$350.2K0.00%+38,244+318.7%Added
Polymer Capital Management (US) LLC50,009$348.6K0.05%−10,647−17.6%Reduced
MetLife Investment Management49,660$346.1K0.00%−1,825−3.5%Reduced
Verition Fund Management LLC48,890$340.8K0.00%+29,300+149.6%Added
Illinois Municipal Retirement Fund47,088$328.2K0.00%+844+1.8%Added
Teacher Retirement System of Texas45,153$314.7K0.00%+32,056+244.8%Added
FourThought Financial Partners, LLC45,012$313.7K0.03%+45,012New
Citigroup Inc42,252$294.5K0.00%−51,444−54.9%Reduced
State of Alaska, Department of Revenue42,263$294.0K0.00%−11,451−21.3%Reduced
Janus Henderson Group PLC41,676$290.7K0.00%00.0%Unchanged
Voya Investment Management LLC40,299$280.9K0.00%−13,861−25.6%Reduced
State of Tennessee, Treasury Department38,807$270.5K0.00%+1,712+4.6%Added
Louisiana State Employees Retirement System38,600$269.0K0.00%−3,600−8.5%Reduced
Vident Advisory, LLC37,723$262.9K0.00%+2,752+7.9%Added
Victory Capital Management Inc37,345$260.3K0.00%+18,281+95.9%Added
Commonwealth Equity Services, LLC32,560$227.0K0.00%+582+1.8%Added
Corton Capital Inc.31,703$221.0K0.54%+31,703New
Comerica Bank30,712$214.1K0.00%−7,230−19.1%Reduced
Manufacturers Life Insurance Company, The29,262$204.0K0.00%−3,274−10.1%Reduced
Centiva Capital, LP28,516$198.8K0.02%+28,516New
Graham Capital Management, L.P.28,234$196.8K0.01%+13,584+92.7%Added
Advisor Group Holdings, Inc.25,960$186.2K0.00%−1,846−6.6%Reduced
Yousif Capital Management, LLC26,347$183.6K0.00%−7,455−22.1%Reduced
State Board of Administration of Florida Retirement System25,982$181.1K0.00%00.0%Unchanged
Teachers Retirement System of the State of Kentucky25,899$180.0K0.00%−4,161−13.8%Reduced
Mercer Global Advisors Inc25,555$178.1K0.00%+9,655+60.7%Added
Arizona State Retirement System25,348$176.7K0.00%+257+1.0%Added
Amalgamated Bank24,744$172.0K0.00%−1,279−4.9%Reduced
Police & Firemen's Retirement System of New Jersey24,570$171.3K0.00%+5,100+26.2%Added
Public Employees Retirement Association of Colorado24,479$171.0K0.00%00.0%Unchanged
Susquehanna International Group, LLP23,210$161.8K0.00%−84,458−78.4%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys21,390$149.1K0.00%−1,793−7.7%Reduced
BNP Paribas Arbitrage, SA21,136$147.3K0.00%−4,330−17.0%Reduced
Massar Capital Management, LP20,912$145.8K0.05%+20,912New
Dark Forest Capital Management LP20,642$143.9K0.01%−1,958−8.7%Reduced
New York State Common Retirement Fund19,393$135.2K0.00%00.0%Unchanged
Oregon Public Employees Retirement Fund18,952$132.1K0.00%−1,700−8.2%Reduced
Ieq Capital, LLC18,674$130.2K0.00%+18,674New
National Bank of Canada17,795$124.0K0.00%+17,490+5,734.4%Added
Zurcher Kantonalbank (Zurich Cantonalbank)17,387$121.2K0.00%00.0%Unchanged
Zacks Investment Management16,956$118.2K0.00%+16,956New
Wiley Bros.-Aintree Capital, LLC16,445$114.6K0.00%+157+1.0%Added
STRS Ohio16,300$113.6K0.00%00.0%Unchanged
Bailard, Inc.16,200$112.9K0.00%+16,200New