Vault-13

ACCOLADE INC ACCD

COM · Common Stock · CUSIP 00437E102 · ISIN US00437E1029

157 institutional holders +6 vs Q1 2023
56,021,83356.0m shares reported held*
$754.9mreported value*
25 new 53 added 49 reduced 19 sold out net sold ≈ $20.5m (-1.5m 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 ($258.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $13.47. Options: 10 managers hold calls ($4.3m notional), 15 hold puts ($23.7m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 149Q4 22: 150Q1 23: 151Q2 23: 157157Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022149
Q4 2022150
Q1 2023151
Q2 2023157

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 79 bought or addedQ4 22: 62 cut or sold outQ4 22Q1 23: 81 bought or addedQ1 23: 55 cut or sold outQ1 23Q2 23: 78 bought or addedQ2 23: 68 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20227962
Q1 20238155
Q2 20237868

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ3 22 calls: $3.4mQ3 22 puts: $7.6mQ3 22P/C 2.25Q4 22 calls: $1.9mQ4 22 puts: $12.4mQ4 22P/C 6.68Q1 23 calls: $1.7mQ1 23 puts: $26.5mQ1 23P/C 15.77Q2 23 calls: $4.3mQ2 23 puts: $23.7mQ2 23P/C 5.56
Numbers
QuarterCallsPutsP/C
Q3 2022$3.4m$7.6m2.25
Q4 2022$1.9m$12.4m6.68
Q1 2023$1.7m$26.5m15.77
Q2 2023$4.3m$23.7m5.56

Biggest buyers

BROWN ADVISORY INC Added +956,474+956.5k
JPMORGAN CHASE & CO Added +705,383+705.4k
Bellevue Group AG Added +479,258+479.3k
MARSHALL WACE, LLP New +377,565+377.6k
DIMENSIONAL FUND ADVISORS LP Added +360,389+360.4k
Nuveen Asset Management, LLC Added +340,737+340.7k
PRUDENTIAL FINANCIAL INC Added +286,900+286.9k
Rock Springs Capital Management LP Added +275,000+275.0k
Balyasny Asset Management L.P. New +251,735+251.7k
VANGUARD GROUP INC Added +123,198+123.2k

Biggest sellers

Sepio Capital, LP Reduced -1,271,106-1.3m
FMR LLC Reduced -1,209,074-1.2m
Point72 Asset Management, L.P. Reduced -746,676-746.7k
JACOBS LEVY EQUITY MANAGEMENT, INC Sold out -571,228-571.2k
Lisanti Capital Growth, LLC Sold out -558,800-558.8k
FRED ALGER MANAGEMENT, LLC Sold out -490,342-490.3k
Avidian Wealth Enterprises, LLC Reduced -221,738-221.7k
ALGERT GLOBAL LLC Reduced -216,454-216.5k
D. E. Shaw & Co., Inc. Reduced -197,716-197.7k
VOLORIDGE INVESTMENT MANAGEMENT, LLC Reduced -173,886-173.9k

Biggest calls

JANE STREET GROUP, LLC Added $1.2m92.4k shares
PEAK6 Investments LLC Added $982.0k72.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $691.0k51.3k shares
Walleye Trading LLC Added $393.3k29.2k shares
GOLDMAN SACHS GROUP INC New $335.4k24.9k shares
CITADEL ADVISORS LLC Added $224.9k16.7k shares
GROUP ONE TRADING LLC Added $189.9k14.1k shares
CSS LLC/IL New $136.0k10.1k shares
SIMPLEX TRADING, LLC Reduced $75.0k5.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

JANE STREET GROUP, LLC Reduced $8.8m654.1k shares
GOLDMAN SACHS GROUP INC Reduced $3.8m285.3k shares
GROUP ONE TRADING LLC Added $2.2m166.3k shares
UBS Group AG Reduced $2.2m163.0k shares
PEAK6 Investments LLC Added $1.5m109.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.4m107.6k shares
SIMPLEX TRADING, LLC Added $1.3m96.5k shares
CITADEL ADVISORS LLC Reduced $940.2k69.8k shares
Jefferies Financial Group Inc. Unchanged $471.4k35.0k shares
Caption Management, LLC Unchanged $471.4k35.0k 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.

HolderStakeChangeShares Last filed
GLAZER CAPITAL, LLC 13G · passive investor +1.9 pts · filed 2025-05-15 7.5% +1.9 pts 6.1m 2025-05-15
ALLIANCEBERNSTEIN L.P. 13G · institution new · filed 2025-05-14 6.3% new 5.2m 2025-05-14

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 6,598,4406.6m $88.9m $88.9m 0.01% Added +705.4k +705,383
2 BROWN ADVISORY INC 0.13% of their portfolio BALTIMORE, MD 6,096,3556.1m $82.1m $82.1m 0.13% Added +956.5k +956,474
3 ARK Investment Management LLC 0.51% of their portfolio ST. PETERSBURG, FL 5,683,9065.7m $76.6m $76.6m 0.51% Reduced -54.8k -54,806
4 BlackRock Inc. 0.00% of their portfolio New York, NY 5,290,7425.3m $71.3m $71.3m 0.00% Reduced -61.7k -61,747
5 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 5,126,3945.1m $69.1m $69.1m 0.00% Added +123.2k +123,198
6 Bellevue Group AG 0.87% of their portfolio ZURICH, V8 4,521,0594.5m $60.9m $60.9m 0.87% Added +479.3k +479,258
7 Rock Springs Capital Management LP 0.90% of their portfolio Baltimore, MD 2,820,0002.8m $38.0m $38.0m 0.90% Added +275.0k +275,000
8 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 1,551,6091.6m $20.9m $20.9m 0.01% Added +360.4k +360,389
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,492,5511.5m $20.1m $20.1m 0.00% Reduced -12.4k -12,393
10 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,334,9391.3m $18.0m $18.0m 0.00% Added +28.4k +28,355
11 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 1,165,0591.2m $15.7m $15.7m 0.01% Added +340.7k +340,737
12 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 1,099,2251.1m $14.8m $14.8m 0.02% Reduced -197.7k -197,716
13 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 865,753865.8k $11.7m $11.7m 0.00% Reduced -4.3k -4,335
14 Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio CHIYODA-KU, TOKYO, M0 852,023852.0k $11.5m $11.5m 0.01% Added +59.7k +59,689
15 Amova Asset Management Americas, Inc. 0.12% of their portfolio New York, NY 852,023852.0k $11.5m $11.5m 0.12% Added +62.5k +62,456
16 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 714,166714.2k $9.6m $9.6m 0.00% Added +31.7k +31,747
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 603,292603.3k $8.1m $8.1m 0.00% Reduced -60.6k -60,579
18 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 571,613571.6k $7.7m $7.7m 0.01% Added +1.9k +1,881
19 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 525,600525.6k $7.1m $7.1m 0.01% Reduced -166.6k -166,600
20 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 504,796504.8k $7.1m $7.1m 0.00% Reduced -2.8k -2,756
21 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 480,380480.4k $6.5m $6.5m 0.00% Added +3.9k +3,947
22 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 377,565377.6k $5.1m $5.1m 0.01% New
23 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 372,163372.2k $5.0m $5.0m 0.01% Added +286.9k +286,900
24 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 345,475345.5k $4.7m $4.7m 0.00% Added +102.7k +102,743
25 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 291,695291.7k $3.9m $3.9m 0.01% Reduced -33.1k -33,051
26 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 288,864288.9k $3.9m $3.9m 0.00% Reduced -25.8k -25,834
27 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 251,735251.7k $3.4m $3.4m 0.01% New
28 Sepio Capital, LP 0.26% of their portfolio Salt Lake City, UT 235,119235.1k $3.2m $3.2m 0.26% Reduced -1.3m -1,271,106
29 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 224,023224.0k $3.0m $3.0m 0.00% Reduced -19.3k -19,322
30 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 207,300207.3k $2.8m $2.8m 0.01% Reduced -38.6k -38,600
31 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 196,072196.1k $2.6m $2.6m 0.00% Added +96.3k +96,319
32 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 181,399181.4k $2.4m $2.4m 0.00% Reduced -71.1k -71,084
33 NORGES BANK 0.00% of their portfolio OSLO, Q8 167,237167.2k $2.3m $2.3m 0.00% Reduced -32.3k -32,337
34 EQUITABLE TRUST CO 0.16% of their portfolio NASHVILLE, TN 155,020155.0k $2.1m $2.1m 0.16% Unchanged
35 Swiss National Bank 0.00% of their portfolio ZURICH, V8 142,600142.6k $1.9m $1.9m 0.00% Added +10.6k +10,600
36 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 136,181136.2k $1.8m $1.8m 0.01% Reduced -746.7k -746,676
37 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 123,781123.8k $1.7m $1.7m 0.00% Added +4.1k +4,111
38 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 120,122120.1k $1.6m $1.6m 0.01% New
39 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 116,520116.5k $1.6m $1.6m 0.00% Added +1.1k +1,081
40 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 107,107107.1k $1.4m $1.4m 0.00% Added +30.5k +30,470
41 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 105,593105.6k $1.4m $1.4m 0.01% Added +6.0k +6,022
42 NORDEA INVESTMENT MANAGEMENT AB 0.00% of their portfolio STOCKHOLM, V7 105,341105.3k $1.4m $1.4m 0.00% New
43 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 100,089100.1k $1.3m $1.3m 0.00% Reduced -10.0k -10,046
44 UBS Group AG 0.00% of their portfolio ZURICH, V8 98,07298.1k $1.3m $1.3m 0.00% Reduced -41.9k -41,936
45 TITLEIST ASSET MANAGEMENT, LLC 0.29% of their portfolio SAN ANTONIO, TX 96,00096.0k $1.3m $1.3m 0.29% Reduced -2.0k -2,000
46 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 89,93289.9k $1.2m $1.2m 0.00% Added +36.9k +36,923
47 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 81,68781.7k $1.1m $1.1m 0.00% Added +7.1k +7,136
48 Cresset Asset Management, LLC 0.01% of their portfolio Chicago, IL 80,91980.9k $1.1m $1.1m 0.01% New
49 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 79,59679.6k $1.1m $1.1m 0.00% Added +1.1k +1,147
50 Bridgewater Associates, LP 0.01% of their portfolio Westport, CT 78,23878.2k $1.1m $1.1m 0.01% Reduced -2.5k -2,470
51 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 75,76875.8k $1.0m $1.0m 0.00% Unchanged
52 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 75,09275.1k $1.0m $1.0m 0.00% Unchanged
53 TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio STAMFORD, CT 75,00075.0k $1.0m $1.0m 0.02% Reduced -344 -344
54 Numerai GP LLC 0.20% of their portfolio SAN FRANCISCO, CA 74,30874.3k $1.0m $1.0m 0.20% Reduced -50.8k -50,757
55 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 72,44272.4k $975.8k $975.8k 0.00% New
56 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 72,19872.2k $1.0m $1.0m 0.00% Unchanged
57 Premier Fund Managers Ltd 0.03% of their portfolio GUILDFORD, X0 69,02269.0k $872.0k $872.0k 0.03% Unchanged
58 Legal & General Group Plc 0.00% of their portfolio London, X0 67,42567.4k $908.2k $908.2k 0.00% Added +41.4k +41,374
59 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 66,40566.4k $894.0k $894.0k 0.01% Added +50.6k +50,646
60 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 65,69865.7k $885.0k $885.0k 0.01% Reduced -4.3k -4,266
61 Orion Portfolio Solutions, LLC 0.01% of their portfolio Omaha, NE 65,69865.7k $885.0k $885.0k 0.01% Reduced -4.3k -4,266
62 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 63,05263.1k $849.3k $849.3k 0.00% Added +29.8k +29,773
63 Composition Wealth, LLC 0.02% of their portfolio LOS ANGELES, CA 59,54859.5k $802.1k $802.1k 0.02% Unchanged
64 Avidian Wealth Enterprises, LLC 0.05% of their portfolio Houston, TX 57,30757.3k $771.9k $771.9k 0.05% Reduced -221.7k -221,738
65 ALGERT GLOBAL LLC 0.03% of their portfolio SAN FRANCISCO, CA 55,99356.0k $754.2k $754.2k 0.03% Reduced -216.5k -216,454
66 Advisors Capital Management, LLC 0.02% of their portfolio RIDGEWOOD, NJ 50,63950.6k $682.0k $682.0k 0.02% Added +181 +181
67 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 49,92149.9k $672.4k $672.4k 0.00% Added +19.2k +19,155
68 DARK FOREST CAPITAL MANAGEMENT LP 0.07% of their portfolio NEW YORK, NY 48,54348.5k $653.9k $653.9k 0.07% Added +42.7k +42,688
69 Dynamic Technology Lab Private Ltd 0.08% of their portfolio SINGAPORE, U0 48,16348.2k $649.0k $649.0k 0.08% New
70 AJ WEALTH STRATEGIES, LLC 0.03% of their portfolio NEW YORK, NY 43,55743.6k $586.7k $586.7k 0.03% Unchanged
71 Waypoint Wealth Partners Inc. 0.20% of their portfolio MILL VALLEY, CA 43,40043.4k $584.6k $584.6k 0.20% Unchanged
72 SIMPLEX TRADING, LLC 0.02% of their portfolio CHICAGO, IL 42,34942.3k $570.0k $570.0k 0.02% Added +14.8k +14,811
73 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 35,52135.5k $478.5k $478.5k 0.00% Added +945 +945
74 GROUP ONE TRADING LLC 0.02% of their portfolio CHICAGO, IL 34,89634.9k $470.0k $470.0k 0.02% Reduced -4.6k -4,557
75 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 34,62034.6k $466.3k $466.3k 0.00% Unchanged
76 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 33,95934.0k $457.4k $457.4k 0.00% Reduced -302 -302
77 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 32,83532.8k $442.3k $442.3k 0.00% Added +32.6k +32,571
78 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 31,78231.8k $428.1k $428.1k 0.00% Reduced -323 -323
79 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 31,41031.4k $423.1k $423.1k 0.00% Added +14.4k +14,433
80 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 27,93727.9k $377.0k $377.0k 0.00% Added +1.3k +1,305
81 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 27,42327.4k $369.3k $369.3k 0.00% Reduced -32 -32
82 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 27,41627.4k $369.3k $369.3k 0.00% Added +1.2k +1,203
83 Knights of Columbus Asset Advisors LLC 0.03% of their portfolio NEW HAVEN, CT 27,06227.1k $364.5k $364.5k 0.03% Unchanged
84 Allspring Global Investments Holdings, LLC 0.00% of their portfolio CHARLOTTE, NC 26,60226.6k $358.3k $358.3k 0.00% Added +26.4k +26,362
85 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 26,47026.5k $356.6k $356.6k 0.00% Added +1.2k +1,207
86 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 26,44026.4k $356.1k $356.1k 0.00% Added +17.3k +17,300
87 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 26,17526.2k $352.6k $352.6k 0.00% Added +336 +336
88 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 25,12625.1k $338.4k $338.4k 0.00% Reduced -145.7k -145,696
89 Cipher Capital LP 0.06% of their portfolio New York, NY 24,56024.6k $330.8k $330.8k 0.06% New
90 TOWNSQUARE CAPITAL LLC 0.01% of their portfolio Lehi, UT 24,19024.2k $325.8k $325.8k 0.01% Added +309 +309
91 Clarius Group, LLC 0.02% of their portfolio SEATTLE, WA 22,58522.6k $304.2k $304.2k 0.02% Unchanged
92 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 21,50321.5k $289.6k $289.6k 0.00% Added +19.8k +19,783
93 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 19,17219.2k $258.2k $258.2k 0.00% New
94 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 18,74418.7k $252.5k $252.5k 0.00% Added +6.3k +6,290
95 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio JUPITER, FL 18,64318.6k $251.1k $251.1k 0.00% Reduced -173.9k -173,886
96 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 18,40018.4k $247.8k $247.8k 0.00% Added +683 +683
97 First Bank & Trust 0.06% of their portfolio BROOKINGS, SD 18,13718.1k $244.3k $244.3k 0.06% Reduced -401 -401
98 Verition Fund Management LLC 0.00% of their portfolio GREENWICH, CT 16,44016.4k $221.4k $221.4k 0.00% New
99 Counterpoint Mutual Funds LLC 0.20% of their portfolio San Diego, CA 16,21216.2k $218.4k $218.4k 0.20% New
100 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 16,00316.0k $215.6k $215.6k 0.00% New