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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, Q4 2025

Institutional positions in Adamas Trust, Inc. as of Dec 31, 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
183
+15 vs. Q3 2025
Shares held
49.2M
+1.09M (+2.3%) vs. Q3 2025
Total value
$360.9M
+$25.0M (+7.5%) vs. Q3 2025
New holders
29
64 more added
Sold out
14
60 more reduced

2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 183 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 heldQ4 2025: $360.9M
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $11.3KQ1 2022: $456Q2 2022: $11.6KQ3 2022: $9.76KQ4 2022: $10.8KQ1 2023: $502.0MQ2 2023: $479.8MQ3 2023: $408.4MQ4 2023: $427.7MQ1 2024: $361.1MQ2 2024: $300.8MQ3 2024: $321.1MQ4 2024: $313.1MQ1 2025: $319.4MQ2 2025: $334.6MQ3 2025: $336.1MQ4 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$336.1M
Q2 2025172$334.6M
Q1 2025173$319.4M
Q4 2024168$313.1M
Q3 2024157$321.1M
Q2 2024158$300.8M
Q1 2024156$361.1M
Q4 2023160$427.7M
Q3 2023162$408.4M
Q2 2023162$479.8M
Q1 2023158$502.0M
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, Q4 2025

Shares, value and share of portfolio for each institution holding Adamas Trust, Inc.; share changes are against Q3 2025.

Institutions holding ADAM in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.13,422,213$98.0M0.00%+206,851+1.6%Added
Vanguard Group Inc6,035,999$44.1M0.00%−64,711−1.1%Reduced
Allspring Global Investments Holdings, LLC3,365,619$25.0M0.04%−236,816−6.6%Reduced
State Street Corp3,269,851$24.6M0.00%−72,455−2.2%Reduced
Invesco Ltd.3,174,247$23.2M0.00%+243,955+8.3%Added
Mirae Asset Global ETFs Holdings Ltd.2,384,416$17.4M0.03%+186,290+8.5%Added
Geode Capital Management, LLC2,150,659$15.7M0.00%−81,429−3.6%Reduced
Charles Schwab Investment Management Inc1,786,223$13.0M0.00%+286,488+19.1%Added
Northern Trust Corp950,110$6.94M0.00%−66,880−6.6%Reduced
Van Eck Associates Corp903,689$6.60M0.01%+126,333+16.3%Added
Morgan Stanley889,297$6.49M0.00%+127,804+16.8%Added
JPMorgan Chase & Co583,267$4.26M0.00%−58,714−9.1%Reduced
Bank of New York Mellon Corp518,754$3.79M0.00%−232,873−31.0%Reduced
Goldman Sachs Group Inc475,738$3.47M0.00%+154,398+48.0%Added
Prudential Financial Inc452,024$3.30M0.00%+364,544+416.7%Added
Bank of America Corp432,402$3.16M0.00%+6,916+1.6%Added
Principal Financial Group Inc400,328$2.92M0.00%−5,183−1.3%Reduced
Wolverine Asset Management LLC397,986$2.91M0.04%−68,713−14.7%Reduced
Two Sigma Investments, LP365,310$2.67M0.00%−51,847−12.4%Reduced
UBS Group AG320,283$2.34M0.00%+25,819+8.8%Added
Public Sector Pension Investment Board291,036$2.12M0.01%−36,551−11.2%Reduced
Wells Fargo & Company273,856$2.00M0.00%+13,043+5.0%Added
Rhumbline Advisers223,660$1.63M0.00%−27,741−11.0%Reduced
Legal & General Group Plc218,449$1.59M0.00%−3,628−1.6%Reduced
AQR Capital Management LLC211,238$1.54M0.00%+74,031+54.0%Added
Intech Investment Management LLC210,948$1.54M0.01%+123,029+139.9%Added
Ameriprise Financial Inc195,170$1.43M0.00%−11,543−5.6%Reduced
Nuveen, LLC195,659$1.43M0.00%−7,000−3.5%Reduced
Guggenheim Capital LLC195,514$1.43M0.01%+184,006+1,598.9%Added
Renaissance Technologies LLC181,267$1.32M0.00%−133,743−42.5%Reduced
Russell Investments Group, Ltd.171,646$1.25M0.00%+13,288+8.4%Added
Swiss National Bank169,230$1.24M0.00%+4,900+3.0%Added
Jane Street Group, LLC168,329$1.23M0.00%+107,994+179.0%Added
Penserra Capital Management LLC159,662$1.17M0.01%−5,706−3.5%Reduced
Ssi Investment Management LLC51,438$1.16M0.08%+51,438New
UBS Asset Management Americas Inc151,520$1.11M0.00%−6,335−4.0%Reduced
Range Financial Group LLC146,557$1.07M0.37%+12,753+9.5%Added
SEI Investments Co138,120$1.01M0.00%+31,381+29.4%Added
Campbell & CO Investment Adviser LLC136,821$998.8K0.05%+56,054+69.4%Added
Barclays PLC132,671$968.5K0.00%−81,899−38.2%Reduced
New York State Teachers Retirement System128,812$940.0K0.00%−100−0.1%Reduced
ExodusPoint Capital Management, LP121,825$889.3K0.01%+121,825New
Price T Rowe Associates Inc114,877$839.0K0.00%+12,410+12.1%Added
Los Angeles Capital Management LLC115,039$757.0K0.00%−47,374−29.2%Reduced
RMB Capital Management, LLC90,632$661.7K0.01%+302+0.3%Added
Diametric Capital, LP90,612$661.5K0.18%+90,612New
Qube Research & Technologies Ltd86,052$628.2K0.00%+86,052New
State of Wisconsin Investment Board84,602$617.6K0.00%+10,130+13.6%Added
Alliancebernstein L.P.83,672$610.8K0.00%00.0%Unchanged
California State Teachers Retirement System83,177$607.2K0.00%−73−0.1%Reduced
Thrivent Financial for Lutherans78,030$570.0K0.00%+17,435+28.8%Added
Quantinno Capital Management LP76,303$557.0K0.00%+17,140+29.0%Added
Deutsche Bank AG70,285$513.1K0.00%+4,155+6.3%Added
Weiss Asset Management LP69,876$510.1K0.01%+69,876New
Voya Investment Management LLC66,838$487.9K0.00%+26,539+65.9%Added
Teacher Retirement System of Texas64,409$470.2K0.00%+19,256+42.6%Added
Skopos Labs, Inc.63,561$464.0K0.02%+63,561New
Millennium Management LLC60,728$443.3K0.00%−90,393−59.8%Reduced
Victory Capital Management Inc54,544$398.2K0.00%+17,199+46.1%Added
VARCOV Co.51,673$377.2K0.15%+51,673New
Polymer Capital Management (US) LLC50,764$370.6K0.05%+755+1.5%Added
Engineers Gate Manager LP49,971$364.8K0.00%−27,509−35.5%Reduced
Illinois Municipal Retirement Fund48,149$351.5K0.00%+1,061+2.3%Added
State of Wyoming48,014$350.5K0.04%−5,483−10.2%Reduced
Verition Fund Management LLC44,269$323.2K0.00%−4,621−9.5%Reduced
Royal Bank of Canada42,047$307.0K0.00%−119,598−74.0%Reduced
State of Alaska, Department of Revenue42,078$307.0K0.00%−185−0.4%Reduced
FourThought Financial Partners, LLC41,787$305.0K0.03%−3,225−7.2%Reduced
Janus Henderson Group PLC41,676$304.0K0.00%00.0%Unchanged
MetLife Investment Management41,618$303.8K0.00%−8,042−16.2%Reduced
Louisiana State Employees Retirement System38,500$281.1K0.00%−100−0.3%Reduced
CIBC World Markets Inc.36,823$268.8K0.00%−13,421−26.7%Reduced
Raymond James Financial Inc33,938$247.7K0.00%+33,938New
Susquehanna International Group, LLP33,038$241.2K0.00%+9,828+42.3%Added
Commonwealth Equity Services, LLC32,878$240.0K0.00%+318+1.0%Added
State of Tennessee, Treasury Department29,039$232.3K0.00%−9,768−25.2%Reduced
Vident Advisory, LLC31,020$226.4K0.00%−6,703−17.8%Reduced
Caxton Associates LLP28,012$204.5K0.00%−41,935−60.0%Reduced
Virtu Financial LLC26,836$196.0K0.01%+26,836New
State Board of Administration of Florida Retirement System25,982$189.7K0.00%00.0%Unchanged
Yousif Capital Management, LLC22,763$189.4K0.00%−3,584−13.6%Reduced
Advisor Group Holdings, Inc.25,368$185.2K0.00%−592−2.3%Reduced
Manufacturers Life Insurance Company, The25,016$182.6K0.00%−4,246−14.5%Reduced
Allworth Financial LP24,947$182.1K0.00%+19,357+346.3%Added
Amalgamated Bank24,801$181.0K0.00%+57+0.2%Added
Police & Firemen's Retirement System of New Jersey24,570$179.4K0.00%00.0%Unchanged
Public Employees Retirement Association of Colorado24,479$179.0K0.00%00.0%Unchanged
Arizona State Retirement System23,845$174.1K0.00%−1,503−5.9%Reduced
Comerica Bank23,133$168.9K0.00%−7,579−24.7%Reduced
Prelude Capital Management, LLC22,545$164.6K0.01%+22,545New
Ieq Capital, LLC22,499$164.2K0.00%+3,825+20.5%Added
Teachers Retirement System of the State of Kentucky21,386$156.0K0.00%−4,513−17.4%Reduced
Kingsview Wealth Management, LLC21,352$155.9K0.00%+21,352New
BNP Paribas Arbitrage, SA21,000$153.3K0.00%−136−0.6%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys20,792$151.8K0.00%−598−2.8%Reduced
Squarepoint Ops LLC20,234$147.7K0.00%+5,410+36.5%Added
New York State Common Retirement Fund19,393$141.6K0.00%00.0%Unchanged
Oregon Public Employees Retirement Fund19,252$140.5K0.00%+300+1.6%Added
KLP Kapitalforvaltning AS18,350$137.5K0.00%+2,700+17.3%Added
Creative Planning18,552$135.4K0.00%+5,765+45.1%Added