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 ($9.9m this quarter). Holder counts are more reliable. Shares outstanding: 92.2m as of 2026-02-25, 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 ≈ $23.37. Options: 13 managers hold calls ($43.0m notional), 12 hold puts ($54.9m).
Trends to Q1 2026
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 |
| Q3 2025 | 271 |
| Q4 2025 | 255 |
| Q1 2026 | 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 |
|---|---|---|
| Q2 2024 | 144 | 188 |
| Q3 2024 | 165 | 152 |
| Q4 2024 | 174 | 169 |
| Q1 2025 | 157 | 156 |
| Q2 2025 | 186 | 129 |
| Q3 2025 | 143 | 158 |
| Q4 2025 | 135 | 160 |
| Q1 2026 | 167 | 134 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $14.4m | $13.1m | 0.91 |
| Q3 2025 | $14.2m | $8.0m | 0.56 |
| Q4 2025 | $16.6m | $9.7m | 0.59 |
| Q1 2026 | $43.0m | $54.9m | 1.28 |
Biggest buyers
| MORGAN STANLEY | Added | +3.0m |
| MAK CAPITAL ONE LLC | New | +2.4m |
| CARRONADE CAPITAL MANAGEMENT, LP | New | +2.3m |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | New | +1.8m |
| P2 Capital Partners, LLC | New | +1.8m |
| FMR LLC | Added | +1.4m |
| CITADEL ADVISORS LLC | Added | +1.4m |
| UBS Group AG | Added | +855.8k |
| NEUBERGER BERMAN GROUP LLC | Added | +823.8k |
| Man Group plc | New | +794.5k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -2.7m |
| GOLDMAN SACHS GROUP INC | Reduced | -2.5m |
| Khrom Capital Management LLC | Reduced | -2.2m |
| Invenomic Capital Management LP | Reduced | -2.1m |
| Walleye Capital LLC | Reduced | -1.7m |
| HAWK RIDGE CAPITAL MANAGEMENT LP | Reduced | -1.5m |
| D. E. Shaw & Co., Inc. | Reduced | -973.4k |
| NATIXIS | Reduced | -799.8k |
| Trexquant Investment LP | Reduced | -664.4k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -524.6k |
Biggest calls
| Teca Partners, LP | Added | $19.7m843.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $9.4m404.0k shares |
| Caption Management, LLC | New | $4.4m190.0k shares |
| Walleye Trading LLC | Added | $1.9m79.3k shares |
| JANE STREET GROUP, LLC | New | $1.6m67.8k shares |
| D. E. Shaw & Co., Inc. | New | $1.3m56.7k shares |
| GROUP ONE TRADING LLC | Added | $1.1m49.0k shares |
| CITADEL ADVISORS LLC | Reduced | $968.3k41.4k shares |
| IMC-Chicago, LLC | New | $795.3k34.0k shares |
| Point72 Asset Management, L.P. | Added | $774.2k33.1k shares |
Biggest puts
| CARRONADE CAPITAL MANAGEMENT, LP | New | $35.1m1.5m shares |
| JPMORGAN CHASE & CO | New | $5.7m250.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.2m181.7k shares |
| CITADEL ADVISORS LLC | Added | $3.5m147.8k shares |
| GROUP ONE TRADING LLC | New | $1.4m61.1k shares |
| Point72 Asset Management, L.P. | Added | $1.2m50.9k shares |
| IMC-Chicago, LLC | New | $1.1m46.5k shares |
| JANE STREET GROUP, LLC | Reduced | $1.0m44.3k shares |
| SIMPLEX TRADING, LLC | New | $954.3k40.8k shares |
| Walleye Capital LLC | Reduced | $329.8k14.1k 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 Q1 2026
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.
None reported in Q1 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 11.7m $273.3m | Added +288.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.04% of their portfolio | 9.1m $212.2m | Reduced -2.7m |
| FMR LLC 0.01% of their portfolio | 6.9m $160.6m | Added +1.4m |
| Khrom Capital Management LLC 11.11% of their portfolio | 5.2m $121.5m | Reduced -2.2m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 5.1m $118.4m | First filing |
| DEERFIELD MANAGEMENT COMPANY, L.P. 1.25% of their portfolio | 4.5m $105.7m | Unchanged |
| DME Capital Management, LP 3.31% of their portfolio | 4.5m $105.7m | Added +397.2k |
| MORGAN STANLEY 0.01% of their portfolio | 4.5m $105.0m | Added +3.0m |
| ABRAMS BISON INVESTMENTS, LLC 4.43% of their portfolio | 4.4m $102.4m | Unchanged |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 4.2m $97.2m | First filing |
| Jefferies Financial Group Inc. 1.03% of their portfolio | 3.6m $84.5m | Added +232.1k |
| STATE STREET CORP 0.00% of their portfolio | 3.2m $75.3m | Reduced -75.2k |
| UBS Group AG 0.01% of their portfolio | 2.8m $66.3m | Added +855.8k |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 2.7m $63.5m | Added +1.4m |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 2.6m $60.4m | Reduced -202.9k |
| MAK CAPITAL ONE LLC 9.42% of their portfolio | 2.4m $56.9m | New |
| CITIGROUP INC 0.04% of their portfolio | 2.4m $55.0m | Reduced -222.6k |
| CARRONADE CAPITAL MANAGEMENT, LP 3.96% of their portfolio | 2.3m $54.7m | New |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.2m $52.4m | Reduced -2.5m |
| NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio | 2.0m $45.8m | Added +823.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.9m $44.5m | Added +477.2k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.43% of their portfolio | 1.8m $43.0m | New |
| P2 Capital Partners, LLC 19.77% of their portfolio | 1.8m $41.5m | New |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 0.24% of their portfolio | 1.7m $40.6m | Not comparable |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 1.7m $39.5m | Added +712.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.7m $38.9m | Added +28.1k |
| BROWN ADVISORY INC 0.05% of their portfolio | 1.3m $31.2m | Added +675.2k |
| MAVERICK CAPITAL LTD 0.36% of their portfolio | 1.3m $30.7m | Added +408.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.2m $28.8m | Added +483.6k |
| Invenomic Capital Management LP 1.28% of their portfolio | 1.2m $27.7m | Reduced -2.1m |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 1.2m $27.1m | Added +300.9k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 890.3k $20.8m | Added +502.1k |
| Rubric Capital Management LP 0.24% of their portfolio | 850.0k $19.9m | Unchanged |
| HAWK RIDGE CAPITAL MANAGEMENT LP 0.71% of their portfolio | 836.0k $19.6m | Reduced -1.5m |
| Man Group plc 0.04% of their portfolio | 794.5k $18.6m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 746.4k $17.5m | Reduced -23.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 742.9k $17.4m | Added +472.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 728.9k $17.0m | Added +89.9k |
| CIBC Bancorp USA Inc. 0.02% of their portfolio | 690.5k $16.2m | First filing |
| Buckley Capital Advisors, LLC 13.18% of their portfolio | 665.1k $15.6m | New |
| BRAIDWELL LP 0.50% of their portfolio | 645.9k $15.1m | New |
| Freestone Grove Partners LP 0.11% of their portfolio | 636.1k $14.9m | New |
| PALISADE CAPITAL MANAGEMENT, LP 0.48% of their portfolio | 613.4k $14.3m | Reduced -11.7k |
| Invesco Ltd. 0.00% of their portfolio | 583.2k $13.6m | Reduced -144.7k |
| PFM Health Sciences, LP 1.43% of their portfolio | 582.7k $13.6m | New |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.14% of their portfolio | 575.2k $13.5m | New |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 568.4k $13.3m | First filing |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 558.5k $13.1m | Added +120.2k |
| Point72 Asset Management, L.P. 0.02% of their portfolio | 536.5k $12.5m | New |
| Amundi 0.00% of their portfolio | 525.1k $12.3m | Added +14.8k |
| Aristotle Capital Boston, LLC 0.76% of their portfolio | 521.7k $12.2m | Reduced -80.0k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 518.6k $12.1m | Added +336.9k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 483.9k $11.3m | Added +8.8k |
| Aberdeen Group plc 0.02% of their portfolio | 464.4k $10.9m | Reduced -279.5k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 420.0k $9.8m | Reduced -126.4k |
| KINGDON CAPITAL MANAGEMENT, L.L.C. 1.55% of their portfolio | 396.2k $9.3m | New |
| Woodline Partners LP 0.03% of their portfolio | 390.8k $9.1m | New |
| FINDELL CAPITAL MANAGEMENT LLC 2.62% of their portfolio | 380.0k $8.9m | New |
| Militia Capital Management LLC 0.64% of their portfolio | 364.5k $8.5m | First filing |
| GW&K Investment Management, LLC 0.07% of their portfolio | 355.0k $8.3m | Added +104.6k |
| Gotham Asset Management, LLC 0.03% of their portfolio | 352.6k $8.2m | Added +12.3k |
| STRS OHIO 0.03% of their portfolio | 347.6k $8.1m | Added +345.5k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 344.4k $8.1m | Reduced -83.9k |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 330.6k $7.7m | New |
| Public Sector Pension Investment Board 0.02% of their portfolio | 330.1k $7.7m | Added +10.8k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 316.4k $7.4m | Added +88.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 311.3k $7.3m | Added +309.1k |
| 13D Management LLC 10.66% of their portfolio | 294.0k $6.9m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 278.3k $6.5m | Added +274.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 275.3k $6.4m | Reduced -4.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 260.9k $6.1m | Unchanged |
| WINTON GROUP Ltd 0.21% of their portfolio | 252.0k $5.9m | New |
| Clearline Capital LP 0.45% of their portfolio | 248.8k $5.8m | New |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.43% of their portfolio | 242.0k $5.7m | Added +86.5k |
| CONGRESS ASSET MANAGEMENT CO 0.04% of their portfolio | 236.1k $5.5m | Added +98.3k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 232.6k $5.4m | Reduced -40.1k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 230.0k $5.4m | Added +37.7k |
| CLOUGH CAPITAL PARTNERS L P 0.52% of their portfolio | 229.1k $5.4m | New |
| Legal & General Group Plc 0.00% of their portfolio | 225.6k $5.3m | Reduced -6.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 220.9k $5.2m | Reduced -5.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 219.3k $3.1m | Added +181.7k |
| HOHIMER WEALTH MANAGEMENT, LLC 0.61% of their portfolio | 214.6k $5.0m | New |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 211.2k $4.9m | Reduced -524.6k |
| Integral Health Asset Management, LLC 0.25% of their portfolio | 200.0k $4.7m | New |
| LSV ASSET MANAGEMENT 0.01% of their portfolio | 197.2k $4.6m | Reduced -14.2k |
| OSSIAM 0.08% of their portfolio | 188.7k $4.4m | New |
| Nuveen, LLC 0.00% of their portfolio | 173.5k $4.1m | Added +12.2k |
| Squarepoint Ops LLC 0.01% of their portfolio | 173.0k $4.0m | Reduced -142.1k |
| Trexquant Investment LP 0.03% of their portfolio | 159.7k $3.7m | Reduced -664.4k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 149.2k $3.5m | Reduced -321.2k |
| CIBC WORLD MARKET INC. 0.01% of their portfolio | 134.9k $3.2m | New |
| Holocene Advisors, LP 0.01% of their portfolio | 130.6k $3.1m | Added +72.1k |
| TORONTO DOMINION BANK 0.01% of their portfolio | 129.6k $3.0m | Reduced -284.8k |
| Creative Planning 0.00% of their portfolio | 128.9k $3.0m | Added +106.5k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.07% of their portfolio | 128.7k $3.0m | Added +57.5k |
| BARCLAYS PLC 0.00% of their portfolio | 126.7k $3.0m | Reduced -181.7k |
| Voss Capital, LP 0.17% of their portfolio | 125.0k $2.9m | New |
| Quinn Opportunity Partners LLC 0.15% of their portfolio | 124.6k $2.9m | Added +59.3k |
| Atika Capital Management LLC 0.45% of their portfolio | 122.6k $2.9m | New |
| Quantinno Capital Management LP 0.00% of their portfolio | 117.7k $2.8m | Added +23.9k |