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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
Manufacturers Life Insurance Company, The25,016$182.6K0.00%−4,246−14.5%Reduced
Advisor Group Holdings, Inc.25,368$185.2K0.00%−592−2.3%Reduced
Yousif Capital Management, LLC22,763$189.4K0.00%−3,584−13.6%Reduced
State Board of Administration of Florida Retirement System25,982$189.7K0.00%00.0%Unchanged
Virtu Financial LLC26,836$196.0K0.01%+26,836New
Caxton Associates LLP28,012$204.5K0.00%−41,935−60.0%Reduced
Vident Advisory, LLC31,020$226.4K0.00%−6,703−17.8%Reduced
State of Tennessee, Treasury Department29,039$232.3K0.00%−9,768−25.2%Reduced
Commonwealth Equity Services, LLC32,878$240.0K0.00%+318+1.0%Added
Susquehanna International Group, LLP33,038$241.2K0.00%+9,828+42.3%Added
Raymond James Financial Inc33,938$247.7K0.00%+33,938New
CIBC World Markets Inc.36,823$268.8K0.00%−13,421−26.7%Reduced
Louisiana State Employees Retirement System38,500$281.1K0.00%−100−0.3%Reduced
MetLife Investment Management41,618$303.8K0.00%−8,042−16.2%Reduced
Janus Henderson Group PLC41,676$304.0K0.00%00.0%Unchanged
FourThought Financial Partners, LLC41,787$305.0K0.03%−3,225−7.2%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
Verition Fund Management LLC44,269$323.2K0.00%−4,621−9.5%Reduced
State of Wyoming48,014$350.5K0.04%−5,483−10.2%Reduced
Illinois Municipal Retirement Fund48,149$351.5K0.00%+1,061+2.3%Added
Engineers Gate Manager LP49,971$364.8K0.00%−27,509−35.5%Reduced
Polymer Capital Management (US) LLC50,764$370.6K0.05%+755+1.5%Added
VARCOV Co.51,673$377.2K0.15%+51,673New
Victory Capital Management Inc54,544$398.2K0.00%+17,199+46.1%Added
Millennium Management LLC60,728$443.3K0.00%−90,393−59.8%Reduced
Skopos Labs, Inc.63,561$464.0K0.02%+63,561New
Teacher Retirement System of Texas64,409$470.2K0.00%+19,256+42.6%Added
Voya Investment Management LLC66,838$487.9K0.00%+26,539+65.9%Added
Weiss Asset Management LP69,876$510.1K0.01%+69,876New
Deutsche Bank AG70,285$513.1K0.00%+4,155+6.3%Added
Quantinno Capital Management LP76,303$557.0K0.00%+17,140+29.0%Added
Thrivent Financial for Lutherans78,030$570.0K0.00%+17,435+28.8%Added
California State Teachers Retirement System83,177$607.2K0.00%−73−0.1%Reduced
Alliancebernstein L.P.83,672$610.8K0.00%00.0%Unchanged
State of Wisconsin Investment Board84,602$617.6K0.00%+10,130+13.6%Added
Qube Research & Technologies Ltd86,052$628.2K0.00%+86,052New
Diametric Capital, LP90,612$661.5K0.18%+90,612New
RMB Capital Management, LLC90,632$661.7K0.01%+302+0.3%Added
Los Angeles Capital Management LLC115,039$757.0K0.00%−47,374−29.2%Reduced
Price T Rowe Associates Inc114,877$839.0K0.00%+12,410+12.1%Added
ExodusPoint Capital Management, LP121,825$889.3K0.01%+121,825New
New York State Teachers Retirement System128,812$940.0K0.00%−100−0.1%Reduced
Barclays PLC132,671$968.5K0.00%−81,899−38.2%Reduced
Campbell & CO Investment Adviser LLC136,821$998.8K0.05%+56,054+69.4%Added
SEI Investments Co138,120$1.01M0.00%+31,381+29.4%Added
Range Financial Group LLC146,557$1.07M0.37%+12,753+9.5%Added
UBS Asset Management Americas Inc151,520$1.11M0.00%−6,335−4.0%Reduced
Ssi Investment Management LLC51,438$1.16M0.08%+51,438New
Penserra Capital Management LLC159,662$1.17M0.01%−5,706−3.5%Reduced
Jane Street Group, LLC168,329$1.23M0.00%+107,994+179.0%Added
Swiss National Bank169,230$1.24M0.00%+4,900+3.0%Added
Russell Investments Group, Ltd.171,646$1.25M0.00%+13,288+8.4%Added
Renaissance Technologies LLC181,267$1.32M0.00%−133,743−42.5%Reduced
Guggenheim Capital LLC195,514$1.43M0.01%+184,006+1,598.9%Added
Nuveen, LLC195,659$1.43M0.00%−7,000−3.5%Reduced
Ameriprise Financial Inc195,170$1.43M0.00%−11,543−5.6%Reduced
Intech Investment Management LLC210,948$1.54M0.01%+123,029+139.9%Added
AQR Capital Management LLC211,238$1.54M0.00%+74,031+54.0%Added
Legal & General Group Plc218,449$1.59M0.00%−3,628−1.6%Reduced
Rhumbline Advisers223,660$1.63M0.00%−27,741−11.0%Reduced
Wells Fargo & Company273,856$2.00M0.00%+13,043+5.0%Added
Public Sector Pension Investment Board291,036$2.12M0.01%−36,551−11.2%Reduced
UBS Group AG320,283$2.34M0.00%+25,819+8.8%Added
Two Sigma Investments, LP365,310$2.67M0.00%−51,847−12.4%Reduced
Wolverine Asset Management LLC397,986$2.91M0.04%−68,713−14.7%Reduced
Principal Financial Group Inc400,328$2.92M0.00%−5,183−1.3%Reduced
Bank of America Corp432,402$3.16M0.00%+6,916+1.6%Added
Prudential Financial Inc452,024$3.30M0.00%+364,544+416.7%Added
Goldman Sachs Group Inc475,738$3.47M0.00%+154,398+48.0%Added
Bank of New York Mellon Corp518,754$3.79M0.00%−232,873−31.0%Reduced
JPMorgan Chase & Co583,267$4.26M0.00%−58,714−9.1%Reduced
Morgan Stanley889,297$6.49M0.00%+127,804+16.8%Added
Van Eck Associates Corp903,689$6.60M0.01%+126,333+16.3%Added
Northern Trust Corp950,110$6.94M0.00%−66,880−6.6%Reduced
Charles Schwab Investment Management Inc1,786,223$13.0M0.00%+286,488+19.1%Added
Geode Capital Management, LLC2,150,659$15.7M0.00%−81,429−3.6%Reduced
Mirae Asset Global ETFs Holdings Ltd.2,384,416$17.4M0.03%+186,290+8.5%Added
Invesco Ltd.3,174,247$23.2M0.00%+243,955+8.3%Added
State Street Corp3,269,851$24.6M0.00%−72,455−2.2%Reduced
Allspring Global Investments Holdings, LLC3,365,619$25.0M0.04%−236,816−6.6%Reduced
Vanguard Group Inc6,035,999$44.1M0.00%−64,711−1.1%Reduced
BlackRock, Inc.13,422,213$98.0M0.00%+206,851+1.6%Added
D. E. Shaw & Co., Inc.0$00.00%−147,036−100.0%Sold out
One William Street Capital Management, L.P.0$00.00%−92,182−100.0%Sold out
Centiva Capital, LP0$00.00%−28,516−100.0%Sold out
Graham Capital Management, L.P.0$00.00%−28,234−100.0%Sold out
Massar Capital Management, LP0$00.00%−20,912−100.0%Sold out
Dark Forest Capital Management LP0$00.00%−20,642−100.0%Sold out
Zacks Investment Management0$00.00%−16,956−100.0%Sold out
Bailard, Inc.0$00.00%−16,200−100.0%Sold out
Citadel Advisors LLC0$00.00%−11,212−100.0%Sold out
Advisory Services Network, LLC0$00.00%−1,453−100.0%Sold out
True Wealth Design, LLC0$00.00%−65−100.0%Sold out
Atlantic Trust, LLC0$00.00%−47−100.0%Sold out
Flagship Wealth Advisors, LLC0$00.00%−46−100.0%Sold out
Quarry LP0$00.00%−20−100.0%Sold out
Corton Capital Inc.––––Not filed
Pineridge Advisors LLC––––Not filed