ACADIA HEALTHCARE COMPANY IN ACHC
COM · Common Stock · CUSIP 00404A109 · ISIN US00404A1097
- SectorHealth care
- IndustryServices-Specialty Outpatient Facilities, NEC
- HeadquartersFranklin, TN
- FilingsSEC EDGAR
* 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 ($792.1k this quarter). Holder counts are more reliable. Shares outstanding: 92.3m as of 2025-08-05, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $22.69. Options: 15 managers hold calls ($14.4m notional), 13 hold puts ($13.1m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 317 |
| Q4 2022 | 346 |
| Q1 2023 | 313 |
| Q2 2023 | 281 |
| Q3 2023 | 294 |
| Q4 2023 | 313 |
| Q1 2024 | 321 |
| Q2 2024 | 305 |
| Q3 2024 | 313 |
| Q4 2024 | 307 |
| Q1 2025 | 294 |
| Q2 2025 | 295 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 128 | 153 |
| Q4 2023 | 148 | 149 |
| Q1 2024 | 168 | 143 |
| Q2 2024 | 144 | 188 |
| Q3 2024 | 165 | 152 |
| Q4 2024 | 174 | 169 |
| Q1 2025 | 157 | 156 |
| Q2 2025 | 186 | 129 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $35.3m | $30.8m | 0.87 |
| Q4 2024 | $92.7m | $11.9m | 0.13 |
| Q1 2025 | $35.8m | $4.5m | 0.12 |
| Q2 2025 | $14.4m | $13.1m | 0.91 |
Biggest buyers
| UBS Group AG | Added | +2.8m |
| ABRAMS BISON INVESTMENTS, LLC | Added | +1.8m |
| MORGAN STANLEY | Added | +1.4m |
| Invenomic Capital Management LP | Added | +1.3m |
| Amundi | Added | +896.1k |
| Khrom Capital Management LLC | Added | +893.7k |
| BlackRock, Inc. | Added | +796.3k |
| DME Capital Management, LP | Added | +744.2k |
| GW&K Investment Management, LLC | Added | +585.6k |
| Sachem Head Capital Management LP | Added | +580.0k |
Biggest sellers
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Reduced | -4.4m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -2.4m |
| CITIGROUP INC | Reduced | -1.6m |
| FMR LLC | Reduced | -1.2m |
| T. Rowe Price Investment Management, Inc. | Sold out | -949.6k |
| JPMORGAN CHASE & CO | Reduced | -752.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Reduced | -600.0k |
| 8 KNOTS MANAGEMENT, LLC | Reduced | -464.3k |
| Nuveen, LLC | Reduced | -461.5k |
| KINGDON CAPITAL MANAGEMENT, L.L.C. | Sold out | -422.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.8m166.0k shares |
| SIMPLEX TRADING, LLC | Added | $2.9m126.6k shares |
| CastleKnight Management LP | New | $1.4m60.0k shares |
| Verition Fund Management LLC | New | $1.1m50.0k shares |
| CITADEL ADVISORS LLC | Reduced | $1.1m46.3k shares |
| JANE STREET GROUP, LLC | Reduced | $968.9k42.7k shares |
| GROUP ONE TRADING LLC | Reduced | $692.0k30.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $692.0k30.5k shares |
| Walleye Capital LLC | Added | $503.7k22.2k shares |
| WOLVERINE TRADING, LLC | New | $337.3k15.4k shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $5.6m245.7k shares |
| Verition Fund Management LLC | New | $2.3m100.0k shares |
| Caption Management, LLC | New | $2.2m98.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $921.2k40.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $626.2k27.6k shares |
| CITADEL ADVISORS LLC | Added | $619.4k27.3k shares |
| Squarepoint Ops LLC | New | $295.0k13.0k shares |
| TUDOR INVESTMENT CORP ET AL | Reduced | $260.9k11.5k shares |
| GROUP ONE TRADING LLC | Added | $118.0k5.2k shares |
| Walleye Trading LLC | Added | $90.8k4.0k 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.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +3.8 pts · filed 2026-07-27 | 15.0% |
| WELLINGTON MANAGEMENT GROUP LLP 13G · institution -3.7 pts · filed 2026-08-13 | 6.2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-28 | 5.5% |
| FMR LLC 13G · institution -1.2 pts · filed 2026-08-06 | 5.5% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution new · filed 2026-10-08 | 5.0% |
Fell to 5% or below in the last year: Khrom Investments Fund, LP (0.7%, 2026-08-14), GOLDMAN SACHS GROUP INC (1.6%, 2026-05-11), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 2 | $13.7m | — |
| Q1 2024 | 0 | — | 2 | $402.0k | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 9.2m $207.8m | Added +796.3k |
| VANGUARD GROUP INC 0.00% of their portfolio | 8.7m $198.2m | Reduced -66.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 8.4m $191.3m | Reduced -2.4m |
| FMR LLC 0.01% of their portfolio | 6.0m $135.2m | Reduced -1.2m |
| Sachem Head Capital Management LP 2.99% of their portfolio | 4.2m $95.6m | Added +580.0k |
| UBS Group AG 0.02% of their portfolio | 4.0m $90.4m | Added +2.8m |
| ABRAMS BISON INVESTMENTS, LLC 7.58% of their portfolio | 3.6m $81.2m | Added +1.8m |
| STATE STREET CORP 0.00% of their portfolio | 3.1m $70.2m | Added +95.7k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 2.9m $65.0m | Reduced -69.0k |
| HAWK RIDGE CAPITAL MANAGEMENT LP 2.66% of their portfolio | 2.8m $63.7m | Added +332.2k |
| MAVERICK CAPITAL LTD 0.89% of their portfolio | 2.6m $57.9m | Added +306.3k |
| Khrom Capital Management LLC 6.27% of their portfolio | 2.5m $56.3m | Added +893.7k |
| MORGAN STANLEY 0.00% of their portfolio | 2.3m $52.2m | Added +1.4m |
| P2 Capital Partners, LLC 9.80% of their portfolio | 2.1m $48.6m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.7m $37.7m | Reduced -19.2k |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 1.6m $36.9m | Added +563.9k |
| GW&K Investment Management, LLC 0.32% of their portfolio | 1.6m $35.8m | Added +585.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.4m $31.4m | Added +96.5k |
| Invenomic Capital Management LP 1.76% of their portfolio | 1.4m $31.0m | Added +1.3m |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 1.3m $29.3m | Added +29.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.3m $29.0m | Added +578.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.2m $26.2m | Added +434.4k |
| Walleye Capital LLC 0.22% of their portfolio | 1.1m $24.2m | Added +188.8k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 1.0m $23.1m | Added +366.8k |
| Amundi 0.01% of their portfolio | 896.1k $20.8m | Added +896.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 880.0k $20.0m | Reduced -80.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 869.9k $19.7m | Reduced -8.8k |
| DME Capital Management, LP 0.84% of their portfolio | 865.0k $19.6m | Added +744.2k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 856.5k $19.4m | Added +158.0k |
| 8 KNOTS MANAGEMENT, LLC 2.75% of their portfolio | 844.9k $19.2m | Reduced -464.3k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 821.9k $18.6m | Added +115.5k |
| BROWN ADVISORY INC 0.02% of their portfolio | 775.9k $17.6m | Reduced -52.7k |
| PALISADE CAPITAL MANAGEMENT, LP 0.48% of their portfolio | 746.6k $16.9m | Added +133.3k |
| CITIGROUP INC 0.01% of their portfolio | 737.5k $16.7m | Reduced -1.6m |
| Rock Springs Capital Management LP 0.98% of their portfolio | 696.0k $15.8m | Added +14.9k |
| BANK OF NOVA SCOTIA 0.03% of their portfolio | 643.9k $14.6m | Added +274.9k |
| Aristotle Capital Boston, LLC 0.66% of their portfolio | 575.3k $13.1m | Reduced -43.1k |
| Clearline Capital LP 1.14% of their portfolio | 571.3k $13.0m | New |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio | 545.6k $12.4m | Added +117.0k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 537.8k $12.2m | Added +307.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 534.1k $12.1m | Added +494.4k |
| CANYON CAPITAL ADVISORS LLC 1.64% of their portfolio | 521.8k $11.8m | Added +453.6k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 502.5k $11.4m | New |
| J. Goldman & Co LP 0.35% of their portfolio | 493.5k $11.2m | Reduced -416.0k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.07% of their portfolio | 489.3k $11.1m | Added +25.2k |
| Trexquant Investment LP 0.12% of their portfolio | 482.0k $10.9m | New |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 454.9k $10.3m | Reduced -323.0k |
| Teca Partners, LP 7.04% of their portfolio | 444.5k $10.1m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 428.9k $9.7m | Added +389.1k |
| M&G PLC 0.05% of their portfolio | 419.4k $9.6m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 418.2k $9.5m | Added +77.3k |
| NATIXIS 0.05% of their portfolio | 409.4k $9.3m | New |
| Integral Health Asset Management, LLC 0.85% of their portfolio | 400.0k $9.1m | Added +150.0k |
| Silver Rock Financial LP 10.05% of their portfolio | 360.0k $8.2m | Added +50.0k |
| Beach Point Capital Management LP 3.44% of their portfolio | 355.5k $8.1m | Unchanged |
| Aberdeen Group plc 0.01% of their portfolio | 348.1k $7.9m | Added +239.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 338.2k $7.7m | Reduced -37.9k |
| Aryeh Capital Management Ltd. 5.90% of their portfolio | 332.3k $7.5m | Added +58.4k |
| CastleKnight Management LP 0.47% of their portfolio | 315.0k $7.1m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 283.5k $6.4m | Added +50.9k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 270.0k $6.1m | Added +79.7k |
| Invesco Ltd. 0.00% of their portfolio | 268.8k $6.1m | Added +25.4k |
| Edgestream Partners, L.P. 0.16% of their portfolio | 258.5k $5.9m | Added +149.7k |
| Limestone Investment Advisors LP 0.11% of their portfolio | 250.0k $258.0k | First filing |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 249.5k $5.7m | Reduced -1.4k |
| Nuveen, LLC 0.00% of their portfolio | 225.4k $5.1m | Reduced -461.5k |
| Clearbridge Investments, LLC 0.00% of their portfolio | 222.0k $5.0m | Reduced -45.8k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 213.2k $4.8m | Added +33.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 212.3k $4.8m | Reduced -108.3k |
| Prosight Management, LP 1.17% of their portfolio | 211.8k $4.8m | Reduced -78.2k |
| CAPITAL FUND MANAGEMENT S.A. 0.05% of their portfolio | 209.0k $4.7m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 208.8k $4.7m | Reduced -4.7k |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 208.1k $4.7m | Reduced -26.0k |
| BARCLAYS PLC 0.00% of their portfolio | 206.0k $4.7m | Added +52.9k |
| Verition Fund Management LLC 0.03% of their portfolio | 205.6k $4.7m | Added +41.4k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 189.4k $4.2m | New |
| Swiss National Bank 0.00% of their portfolio | 176.0k $4.0m | Reduced -3.9k |
| CAXTON ASSOCIATES LLP 0.10% of their portfolio | 173.5k $3.9m | Added +160.5k |
| CONGRESS ASSET MANAGEMENT CO 0.03% of their portfolio | 170.0k $3.9m | Reduced -3.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 166.9k $3.8m | Added +58.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 166.6k $3.8m | Reduced -752.1k |
| Phocas Financial Corp. 0.53% of their portfolio | 161.2k $3.7m | Added +23 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 159.7k $3.6m | Added +12.0k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.03% of their portfolio | 156.0k $3.5m | Reduced -452 |
| Legal & General Group Plc 0.00% of their portfolio | 152.2k $3.5m | Added +5.8k |
| Holocene Advisors, LP 0.01% of their portfolio | 149.1k $3.4m | Added +50.0k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 141.2k $3.2m | Reduced -37.6k |
| Raiffeisen Bank International AG 0.04% of their portfolio | 140.0k $2.9m | Reduced -20.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 135.7k $3.1m | Added +31.3k |
| California Public Employees Retirement System 0.00% of their portfolio | 134.2k $3.0m | Added +19.0k |
| Sapience Investments, LLC 1.83% of their portfolio | 120.8k $2.7m | Added +35.8k |
| Retirement Systems of Alabama 0.01% of their portfolio | 112.6k $2.6m | Reduced -459 |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 112.0k $2.5m | Added +4.9k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 105.7k $2.4m | Added +89.0k |
| LPL Financial LLC 0.00% of their portfolio | 94.2k $2.1m | Added +37.7k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.08% of their portfolio | 93.0k $2.1m | Added +51.2k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 90.8k $2.1m | Added +30.1k |
| RA CAPITAL MANAGEMENT, L.P. 0.03% of their portfolio | 89.3k $2.0m | Reduced -127.7k |
| Gotham Asset Management, LLC 0.01% of their portfolio | 88.3k $2.0m | New |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 88.0k $2.0m | Reduced -30 |