Vault-13

ARC DOCUMENT SOLUTIONS INC

COM · Common Stock · CUSIP 00191G103

74 institutional holders +9 vs Q2 2024
21,241,82221.2m shares reported held*
$72.0mreported value*
25 new 15 added 15 reduced 18 sold out net bought ≈ $3.0m (+902.3k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($862.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $3.39. Options: 5 managers hold calls ($255.1k notional), 5 hold puts ($663.4k).

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 63Q4 22: 61Q1 23: 71Q2 23: 66Q3 23: 67Q4 23: 74Q1 24: 64Q2 24: 65Q3 24: 7474Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 202263
Q4 202261
Q1 202371
Q2 202366
Q3 202367
Q4 202374
Q1 202464
Q2 202465
Q3 202474

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 23 bought or addedQ4 22: 26 cut or sold outQ1 23: 33 bought or addedQ1 23: 24 cut or sold outQ1 23Q2 23: 24 bought or addedQ2 23: 33 cut or sold outQ3 23: 27 bought or addedQ3 23: 25 cut or sold outQ3 23Q4 23: 39 bought or addedQ4 23: 20 cut or sold outQ1 24: 27 bought or addedQ1 24: 33 cut or sold outQ1 24Q2 24: 24 bought or addedQ2 24: 25 cut or sold outQ3 24: 40 bought or addedQ3 24: 33 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222326
Q1 20233324
Q2 20232433
Q3 20232725
Q4 20233920
Q1 20242733
Q2 20242425
Q3 20244033

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200k$400k$600k$800kQ4 23 calls: $328.0kQ4 23 puts: $19.8kQ4 23P/C 0.06Q1 24 calls: $244.0kQ1 24 puts: $52.5kQ1 24P/C 0.22Q2 24 calls: $61.2kQ2 24 puts: $30.6kQ2 24P/C 0.50Q3 24 calls: $255.1kQ3 24 puts: $663.4kQ3 24P/C 2.60
Numbers
QuarterCallsPutsP/C
Q4 2023$328.0k$19.8k0.06
Q1 2024$244.0k$52.5k0.22
Q2 2024$61.2k$30.6k0.50
Q3 2024$255.1k$663.4k2.60

Biggest buyers

Beryl Capital Management LLC New +1,854,132+1.9m
Vazirani Asset Management LLC New +443,831+443.8k
RENAISSANCE TECHNOLOGIES LLC Added +372,455+372.5k
Baird Financial Group, Inc. New +300,000+300.0k
GABELLI FUNDS LLC New +200,000+200.0k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +188,907+188.9k
PenderFund Capital Management Ltd. New +174,900+174.9k
WOLVERINE ASSET MANAGEMENT LLC New +159,565+159.6k
PRELUDE CAPITAL MANAGEMENT, LLC New +140,600+140.6k
FNY Investment Advisers, LLC New +126,138+126.1k

Biggest sellers

ACADIAN ASSET MANAGEMENT LLC Sold out -1,208,858-1.2m
BRIDGEWAY CAPITAL MANAGEMENT, LLC Reduced -648,252-648.3k
Connor, Clark & Lunn Investment Management Ltd. Sold out -277,473-277.5k
Aristides Capital LLC Reduced -276,806-276.8k
Verdad Advisers, LP Sold out -234,900-234.9k
First Eagle Investment Management, LLC Sold out -218,673-218.7k
THOMPSON DAVIS & CO., INC. Sold out -174,382-174.4k
RBF Capital, LLC Sold out -172,734-172.7k
DIMENSIONAL FUND ADVISORS LP Reduced -169,650-169.7k
Heron Bay Capital Management Sold out -93,471-93.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $206.9k61.2k shares
CITADEL ADVISORS LLC Added $40.2k11.9k shares
SIMPLEX TRADING, LLC Added $7.0k2.2k shares
GROUP ONE TRADING LLC Added $1.0k300 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SIMPLEX TRADING, LLC Added $343.0k101.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $266.3k78.8k shares
CITADEL ADVISORS LLC Added $36.2k10.7k shares
GROUP ONE TRADING LLC New $17.9k5.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 3,230,5973.2m $10.9m $10.9m 0.02% Added +372.5k +372,455
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,950,5862.0m $6.6m $6.6m 0.00% Unchanged
3 Beryl Capital Management LLC 1.35% of their portfolio REDONDO BEACH, CA 1,854,1321.9m $6.3m $6.3m 1.35% New
4 North Star Investment Management Corp. 0.35% of their portfolio CHICAGO, IL 1,495,0001.5m $5.1m $5.1m 0.35% Added +172 +172
5 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,419,7091.4m $4.8m $4.8m 0.00% First filing
6 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 1,380,9561.4m $4.7m $4.7m 0.00% Reduced -169.7k -169,650
7 Pacific Ridge Capital Partners, LLC 0.95% of their portfolio LAKE OSWEGO, OR 1,180,6691.2m $4.0m $4.0m 0.95% Reduced -77.5k -77,513
8 JB CAPITAL PARTNERS LP 0.62% of their portfolio Armonk, NY 969,700969.7k $3.2m $3.2m 0.62% Unchanged
9 LSV ASSET MANAGEMENT 0.01% of their portfolio CHICAGO, IL 810,020810.0k $2.7m $2.7m 0.01% Unchanged
10 JBF Capital, Inc. 0.33% of their portfolio Aspen, CO 647,777647.8k $2.2m $2.2m 0.33% Unchanged
11 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 531,212531.2k $1.8m $1.8m 0.00% Added +188.9k +188,907
12 Hillsdale Investment Management Inc. 0.12% of their portfolio Toronto, A6 448,137448.1k $1.5m $1.5m 0.12% Reduced -28.0k -28,000
13 Vazirani Asset Management LLC 2.70% of their portfolio NEW YORK, NY 443,831443.8k $1.5m $1.5m 2.70% New
14 Aristides Capital LLC 0.51% of their portfolio LOUISVILLE, KY 366,182366.2k $1.2m $1.2m 0.51% Reduced -276.8k -276,806
15 Mirador Capital Partners LP 0.22% of their portfolio PLEASANTON, CA 363,264363.3k $1.2m $1.2m 0.22% Reduced -23.3k -23,299
16 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 361,733361.7k $1.2m $1.2m 0.00% Added +5.7k +5,658
17 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 354,116354.1k $1.2m $1.2m 0.00% Reduced -3.3k -3,275
18 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 300,000300.0k $1.0m $1.0m 0.00% New
19 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 274,289274.3k $927.1k $927.1k 0.00% Added +43.3k +43,334
20 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.02% of their portfolio HOUSTON, TX 259,992260.0k $878.8k $878.8k 0.02% Reduced -648.3k -648,252
21 Empowered Funds, LLC 0.01% of their portfolio NEWTOWN SQUARE, PA 255,092255.1k $862.2k $862.2k 0.01% Added +13.0k +12,998
22 GABELLI FUNDS LLC 0.00% of their portfolio Rye, NY 200,000200.0k $676.0k $676.0k 0.00% New
23 PenderFund Capital Management Ltd. 0.18% of their portfolio VANCOUVER, A1 174,900174.9k $799.5k $799.5k 0.18% New
24 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 168,490168.5k $569.5k $569.5k 0.00% Added +82.8k +82,824
25 WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio CHICAGO, IL 159,565159.6k $539.3k $539.3k 0.01% New
26 PRELUDE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio NEW YORK, NY 140,600140.6k $475.2k $475.2k 0.04% New
27 FNY Investment Advisers, LLC 0.21% of their portfolio NEW YORK, NY 126,138126.1k $426.0k $426.0k 0.21% New
28 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 108,498108.5k $366.7k $366.7k 0.00% Reduced -18.1k -18,100
29 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 105,242105.2k $356.8k $356.8k 0.00% Reduced -39.0k -39,028
30 OXFORD ASSET MANAGEMENT LLP 0.29% of their portfolio OXFORD, X0 102,345102.3k $345.9k $345.9k 0.29% Not comparable
31 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 99,52699.5k $336.4k $336.4k 0.00% Reduced -531 -531
32 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 83,45783.5k $282.1k $282.1k 0.00% New
33 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 83,10083.1k $281.0k $281.0k 0.00% Unchanged
34 Redhawk Wealth Advisors, Inc. 0.04% of their portfolio MINNEAPOLIS, MN 79,78479.8k $269.7k $269.7k 0.04% Added +7.0k +7,032
35 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 77,09077.1k $260.6k $260.6k 0.00% Added +77.1k +77,087
36 Crystalline Management Inc. 0.26% of their portfolio Montreal, Quebec, Z4 75,02875.0k $253.6k $253.6k 0.26% New
37 CSS LLC/IL 0.01% of their portfolio CHICAGO, IL 71,78871.8k $242.6k $242.6k 0.01% New
38 Virtu Financial LLC 0.01% of their portfolio New York, NY 58,81958.8k $199.0k $199.0k 0.01% New
39 GAGNON SECURITIES LLC 0.04% of their portfolio New York, NY 57,66357.7k $194.9k $194.9k 0.04% New
40 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 45,02545.0k $152.2k $152.2k 0.00% Added +5.5k +5,472
41 RITHOLTZ WEALTH MANAGEMENT 0.00% of their portfolio NEW YORK, NY 41,45741.5k $140.1k $140.1k 0.00% Reduced -14.1k -14,129
42 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 38,66038.7k $130.7k $130.7k 0.00% Added +2.8k +2,775
43 TWO SIGMA SECURITIES, LLC 0.01% of their portfolio NEW YORK, NY 37,30237.3k $126.1k $126.1k 0.01% New
44 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 35,90735.9k $121.4k $121.4k 0.01% New
45 JAMES INVESTMENT RESEARCH, INC. 0.01% of their portfolio ALPHA, OH 35,88535.9k $121.3k $121.3k 0.01% Unchanged
46 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 34,62634.6k $117.0k $117.0k 0.00% New
47 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 34,30134.3k $115.9k $115.9k 0.00% Added +812 +812
48 Old West Investment Management, LLC 0.04% of their portfolio Los Angeles, CA 30,62330.6k $103.5k $103.5k 0.04% Unchanged
49 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 30,00030.0k $101.4k $101.4k 0.00% New
50 ALGERT GLOBAL LLC 0.00% of their portfolio SAN FRANCISCO, CA 27,14027.1k $91.7k $91.7k 0.00% New
51 OCCUDO QUANTITATIVE STRATEGIES LP 0.02% of their portfolio FORT LAUDERDALE, FL 26,85626.9k $90.8k $90.8k 0.02% Added +14.4k +14,424
52 Engineers Gate Manager LP 0.00% of their portfolio NEW YORK, NY 21,40121.4k $72.3k $72.3k 0.00% Added +2.3k +2,324
53 Metis Global Partners, LLC 0.00% of their portfolio San Diego, CA 19,50219.5k $65.9k $65.9k 0.00% New
54 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 19,04219.0k $64.4k $64.4k 0.00% Unchanged
55 Atria Wealth Solutions, Inc. 0.00% of their portfolio NEW YORK, NY 17,56417.6k $59.4k $59.4k 0.00% Added +1.6k +1,600
56 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 17,49817.5k $59.1k $59.1k 0.00% New
57 Point72 Asia (Singapore) Pte. Ltd. 0.01% of their portfolio SINGAPORE, U0 16,55416.6k $56.0k $56.0k 0.01% New
58 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 16,52816.5k $55.0k $55.0k 0.00% New
59 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 16,27716.3k $55.0k $55.0k 0.00% New
60 Aster Capital Management (DIFC) Ltd 0.01% of their portfolio DUBAI, C0 15,67815.7k $53.0k $53.0k 0.01% First filing
61 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 15,56315.6k $52.6k $52.6k 0.00% Reduced -34.3k -34,315
62 EARNEST PARTNERS LLC 0.00% of their portfolio ATLANTA, GA 11,69011.7k $39.5k $39.5k 0.00% Unchanged
63 Cubist Systematic Strategies, LLC 0.00% of their portfolio STAMFORD, CT 6,6116.6k $22.3k $22.3k 0.00% New
64 Founders Capital Management 0.01% of their portfolio HOUSTON, TX 5,0005.0k $16.9k $16.9k 0.01% Unchanged
65 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 3,0003.0k $10.1k $10.1k 0.00% Unchanged
66 FMR LLC 0.00% of their portfolio BOSTON, MA 2,1622.2k $7.3k $7.3k 0.00% Unchanged
67 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,0482.0k $6.9k $6.9k 0.00% Reduced -8.9k -8,884
68 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,7701.8k $5.0k $5.0k 0.00% New
69 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1,6891.7k $5.7k $5.7k 0.00% Reduced -478 -478
70 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 290290 $980 $980 0.00% Unchanged
71 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 168168 $568 $568 0.00% Reduced -28.5k -28,488
72 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 6969 $233 $233 0.00% Unchanged
73 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $3 $3 0.00% Unchanged
74 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged