Vault-13

ACCOLADE INC ACCD

COM · Common Stock · CUSIP 00437E102 · ISIN US00437E1029

152 institutional holders +1 vs Q1 2024
66,767,85466.8m shares reported held*
$239.1mreported value*
26 new 59 added 38 reduced 25 sold out net sold ≈ $23.5m (-6.5m 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 ($7.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $3.58. Options: 6 managers hold calls ($792.4k notional), 8 hold puts ($6.8m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 149Q4 22: 150Q1 23: 151Q2 23: 157Q3 23: 151Q4 23: 142Q1 24: 151Q2 24: 152152Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022149
Q4 2022150
Q1 2023151
Q2 2023157
Q3 2023151
Q4 2023142
Q1 2024151
Q2 2024152

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 outQ2 23: 78 bought or addedQ2 23: 68 cut or sold outQ2 23Q3 23: 79 bought or addedQ3 23: 60 cut or sold outQ4 23: 70 bought or addedQ4 23: 77 cut or sold outQ4 23Q1 24: 79 bought or addedQ1 24: 63 cut or sold outQ2 24: 85 bought or addedQ2 24: 63 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20227962
Q1 20238155
Q2 20237868
Q3 20237960
Q4 20237077
Q1 20247963
Q2 20248563

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ3 23 calls: $3.2mQ3 23 puts: $19.3mQ3 23P/C 6.07Q4 23 calls: $3.2mQ4 23 puts: $20.1mQ4 23P/C 6.28Q1 24 calls: $3.9mQ1 24 puts: $17.6mQ1 24P/C 4.56Q2 24 calls: $792.4kQ2 24 puts: $6.8mQ2 24P/C 8.55
Numbers
QuarterCallsPutsP/C
Q3 2023$3.2m$19.3m6.07
Q4 2023$3.2m$20.1m6.28
Q1 2024$3.9m$17.6m4.56
Q2 2024$792.4k$6.8m8.55

Biggest buyers

MILLENNIUM MANAGEMENT LLC Added +1,862,178+1.9m
Prosight Management, LP New +1,489,525+1.5m
DEERFIELD MANAGEMENT COMPANY, L.P. Added +1,092,898+1.1m
Clearline Capital LP New +830,784+830.8k
J. Goldman & Co LP New +606,622+606.6k
JANE STREET GROUP, LLC Added +501,017+501.0k
BlackRock Inc. Added +497,782+497.8k
GOLDMAN SACHS GROUP INC Added +384,098+384.1k
ACADIAN ASSET MANAGEMENT LLC New +343,704+343.7k
CITADEL ADVISORS LLC Added +341,369+341.4k

Biggest sellers

JPMORGAN CHASE & CO Reduced -4,747,986-4.7m
Bellevue Group AG Reduced -3,961,937-4.0m
MORGAN STANLEY Reduced -2,320,204-2.3m
VANGUARD GROUP INC Reduced -1,282,119-1.3m
Rock Springs Capital Management LP Reduced -1,250,000-1.2m
GILDER GAGNON HOWE & CO LLC Sold out -920,708-920.7k
Nuveen Asset Management, LLC Reduced -535,147-535.1k
NEXT CENTURY GROWTH INVESTORS LLC Sold out -460,283-460.3k
FMR LLC Reduced -422,336-422.3k
BROWN ADVISORY INC Reduced -394,460-394.5k

Biggest calls

JANE STREET GROUP, LLC Reduced $352.6k98.5k shares
GROUP ONE TRADING LLC Reduced $179.0k50.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $126.0k35.2k shares
CITADEL ADVISORS LLC Reduced $88.8k24.8k shares
SIMPLEX TRADING, LLC Added $46.0k13.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

JANE STREET GROUP, LLC Added $4.2m1.2m shares
CITADEL ADVISORS LLC Added $976.3k272.7k shares
GROUP ONE TRADING LLC Added $780.4k218.0k shares
UBS Group AG Unchanged $375.9k105.0k shares
GOLDMAN SACHS GROUP INC Unchanged $227.0k63.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $196.9k55.0k shares
SIMPLEX TRADING, LLC Reduced $12.0k3.5k 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.

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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.00% of their portfolio New York, NY 6,158,6746.2m $22.0m $22.0m 0.00% Added +497.8k +497,782
2 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 5,914,6525.9m $21.2m $21.2m 0.00% Reduced -4.7m -4,747,986
3 ARK Investment Management LLC 0.18% of their portfolio ST. PETERSBURG, FL 5,641,4485.6m $20.2m $20.2m 0.18% Added +28.4k +28,405
4 BROWN ADVISORY INC 0.03% of their portfolio BALTIMORE, MD 5,451,4745.5m $19.5m $19.5m 0.03% Reduced -394.5k -394,460
5 a16z Capital Management, L.L.C. 1.65% of their portfolio MENLO PARK, CA 5,398,7085.4m $19.3m $19.3m 1.65% Unchanged
6 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 4,121,1374.1m $14.8m $14.8m 0.00% Reduced -1.3m -1,282,119
7 DEERFIELD MANAGEMENT COMPANY, L.P. 0.21% of their portfolio New York, NY 3,475,0003.5m $12.4m $12.4m 0.21% Added +1.1m +1,092,898
8 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 2,623,2012.6m $9.4m $9.4m 0.01% Added +1.9m +1,862,178
9 Rock Springs Capital Management LP 0.25% of their portfolio Baltimore, MD 2,290,0002.3m $8.2m $8.2m 0.25% Reduced -1.2m -1,250,000
10 Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio CHIYODA-KU, TOKYO, M0 2,011,9312.0m $7.2m $7.2m 0.01% Added +314.4k +314,371
11 Amova Asset Management Americas, Inc. 0.08% of their portfolio New York, NY 2,011,9312.0m $7.2m $7.2m 0.08% Added +314.4k +314,371
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,981,9342.0m $7.1m $7.1m 0.00% Added +312.8k +312,832
13 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,698,4821.7m $6.1m $6.1m 0.00% Added +98.3k +98,277
14 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 1,654,0901.7m $5.9m $5.9m 0.00% Reduced -361.5k -361,471
15 Prosight Management, LP 1.59% of their portfolio DALLAS, TX 1,489,5251.5m $5.3m $5.3m 1.59% New
16 Fairman Group, LLC 4.14% of their portfolio CHESTERBROOK, PA 1,137,2871.1m $4.1m $4.1m 4.14% Unchanged
17 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 1,005,1451.0m $3.6m $3.6m 0.00% Added +501.0k +501,017
18 JFG Wealth Management, LLC 0.87% of their portfolio Denver, CO 854,162854.2k $3.1m $3.1m 0.87% Unchanged
19 Bellevue Group AG 0.05% of their portfolio ZURICH, V8 842,577842.6k $3.0m $3.0m 0.05% Reduced -4.0m -3,961,937
20 Clearline Capital LP 0.26% of their portfolio NEW YORK, NY 830,784830.8k $3.0m $3.0m 0.26% New
21 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 776,785776.8k $2.8m $2.8m 0.00% Added +384.1k +384,098
22 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 696,581696.6k $2.5m $2.5m 0.00% Reduced -16.1k -16,094
23 J. Goldman & Co LP 0.08% of their portfolio NEW YORK, NY 606,622606.6k $2.2m $2.2m 0.08% New
24 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 543,046543.0k $1.9m $1.9m 0.00% Reduced -24.3k -24,332
25 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 524,052524.1k $1.9m $1.9m 0.00% Reduced -535.1k -535,147
26 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 510,700510.7k $1.8m $1.8m 0.00% Added +800 +800
27 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 455,363455.4k $1.6m $1.6m 0.00% Reduced -136.4k -136,390
28 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 366,425366.4k $1.3m $1.3m 0.00% Added +341.4k +341,369
29 ALGERT GLOBAL LLC 0.04% of their portfolio SAN FRANCISCO, CA 354,119354.1k $1.3m $1.3m 0.04% Added +214.4k +214,441
30 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 343,704343.7k $1.2m $1.2m 0.00% New
31 GSA CAPITAL PARTNERS LLP 0.08% of their portfolio LONDON, X0 325,625325.6k $1.2m $1.2m 0.08% Added +274.3k +274,251
32 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 306,185306.2k $1.1m $1.1m 0.00% Added +200.6k +200,602
33 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 293,951294.0k $1.1m $1.1m 0.00% Reduced -2.3m -2,320,204
34 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 290,743290.7k $1.0m $1.0m 0.00% New
35 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 278,611278.6k $997.4k $997.4k 0.00% Reduced -150.7k -150,686
36 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 274,887274.9k $984.1k $984.1k 0.00% Added +97.3k +97,275
37 Cubist Systematic Strategies, LLC 0.02% of their portfolio STAMFORD, CT 260,040260.0k $930.9k $930.9k 0.02% Added +190.4k +190,396
38 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 252,543252.5k $904.1k $904.1k 0.00% Reduced -125.9k -125,885
39 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 235,721235.7k $843.9k $843.9k 0.00% Added +221.1k +221,087
40 GROUP ONE TRADING LLC 0.02% of their portfolio CHICAGO, IL 161,115161.1k $576.8k $576.8k 0.02% Added +114.9k +114,898
41 EQUITABLE TRUST CO 0.04% of their portfolio NASHVILLE, TN 155,020155.0k $555.0k $555.0k 0.04% Unchanged
42 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 154,261154.3k $552.0k $552.0k 0.00% New
43 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 144,122144.1k $516.0k $516.0k 0.00% Added +65.7k +65,701
44 Swiss National Bank 0.00% of their portfolio ZURICH, V8 137,500137.5k $492.2k $492.2k 0.00% Unchanged
45 UBS Group AG 0.00% of their portfolio ZURICH, V8 137,111137.1k $490.9k $490.9k 0.00% Added +24.0k +23,968
46 Dynamic Technology Lab Private Ltd 0.05% of their portfolio SINGAPORE, U0 129,554129.6k $464.0k $464.0k 0.05% Added +119.3k +119,343
47 Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio VANCOUVER, A1 128,765128.8k $461.0k $461.0k 0.00% Added +15.7k +15,683
48 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 124,351124.4k $445.2k $445.2k 0.00% Added +22.9k +22,857
49 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 109,598109.6k $392.4k $392.4k 0.00% Reduced -109.2k -109,211
50 Trexquant Investment LP 0.01% of their portfolio STAMFORD, CT 107,585107.6k $385.2k $385.2k 0.01% Reduced -80.2k -80,232
51 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 102,598102.6k $363.2k $363.2k 0.00% Unchanged
52 Inspire Investing, LLC 0.04% of their portfolio MERIDIAN, ID 96,02196.0k $343.8k $343.8k 0.04% Added +61.7k +61,688
53 IPG Investment Advisors LLC 0.07% of their portfolio SAN DIEGO, CA 88,50088.5k $316.8k $316.8k 0.07% New
54 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 88,45588.5k $316.0k $316.0k 0.00% Reduced -10.2k -10,222
55 NORDEA INVESTMENT MANAGEMENT AB 0.00% of their portfolio STOCKHOLM, V7 83,00783.0k $314.6k $314.6k 0.00% Reduced -17.2k -17,244
56 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 82,85982.9k $296.6k $296.6k 0.00% New
57 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 81,73881.7k $292.6k $292.6k 0.00% Reduced -1.1k -1,108
58 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 79,83479.8k $285.8k $285.8k 0.00% Added +33.7k +33,725
59 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 79,70779.7k $285.4k $285.4k 0.00% Added +218 +218
60 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 75,93575.9k $271.8k $271.8k 0.00% First filing
61 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 75,63575.6k $270.8k $270.8k 0.00% Reduced -414 -414
62 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 75,33075.3k $269.7k $269.7k 0.00% Added +18.9k +18,885
63 Legal & General Group Plc 0.00% of their portfolio London, X0 75,10375.1k $268.9k $268.9k 0.00% Reduced -2.1k -2,067
64 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 75,09275.1k $268.8k $268.8k 0.00% Unchanged
65 Corton Capital Inc. 0.13% of their portfolio Carrying Place, A6 69,73469.7k $249.6k $249.6k 0.13% Added +44.2k +44,180
66 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 68,26568.3k $244.4k $244.4k 0.00% Reduced -1.4k -1,361
67 Bridgewater Associates, LP 0.00% of their portfolio Westport, CT 63,96964.0k $229.0k $229.0k 0.00% Reduced -4.9k -4,861
68 Petrus Trust Company, LTA 0.02% of their portfolio Dallas, TX 63,58163.6k $227.6k $227.6k 0.02% Added +40.9k +40,930
69 SHERBROOKE PARK ADVISERS LLC 0.04% of their portfolio WHITE PLAINS, NY 59,19459.2k $211.9k $211.9k 0.04% Added +48.4k +48,430
70 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 59,09059.1k $211.5k $211.5k 0.00% Reduced -118.7k -118,712
71 Nebula Research & Development LLC 0.03% of their portfolio New York, NY 58,55258.6k $209.6k $209.6k 0.03% Added +36.2k +36,161
72 Composition Wealth, LLC 0.01% of their portfolio LOS ANGELES, CA 57,42757.4k $205.6k $205.6k 0.01% Reduced -20 -20
73 Centiva Capital, LP 0.01% of their portfolio New York, NY 56,39656.4k $201.9k $201.9k 0.01% New
74 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 52,92052.9k $189.5k $189.5k 0.00% Reduced -21.1k -21,146
75 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 51,77251.8k $185.0k $185.0k 0.01% Added +27.7k +27,695
76 XTX Topco Ltd 0.02% of their portfolio LONDON, X0 49,45449.5k $177.0k $177.0k 0.02% Added +19.4k +19,369
77 Verition Fund Management LLC 0.00% of their portfolio GREENWICH, CT 49,17149.2k $176.0k $176.0k 0.00% New
78 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 46,03546.0k $164.8k $164.8k 0.00% Added +1.6k +1,593
79 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 45,45145.5k $162.7k $162.7k 0.00% Added +21.4k +21,426
80 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 43,32243.3k $155.1k $155.1k 0.00% Added +8.7k +8,702
81 Versor Investments LP 0.03% of their portfolio New York, NY 41,90041.9k $150.0k $150.0k 0.03% New
82 CERTUITY, LLC 0.01% of their portfolio NORTH PALM BEACH, FL 41,43841.4k $148.3k $148.3k 0.01% Unchanged
83 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 39,84039.8k $142.6k $142.6k 0.00% First filing
84 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 38,42938.4k $137.6k $137.6k 0.00% Added +5.5k +5,464
85 LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 38,36038.4k $137.3k $137.3k 0.00% Reduced -17.8k -17,789
86 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 38,02838.0k $136.1k $136.1k 0.00% Added +1.1k +1,130
87 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 37,74637.7k $135.1k $135.1k 0.00% Unchanged
88 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 33,65933.7k $120.5k $120.5k 0.00% Unchanged
89 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 30,55130.6k $109.4k $109.4k 0.00% Added +25 +25
90 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 29,16029.2k $104.4k $104.4k 0.00% Added +3.4k +3,416
91 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.00% of their portfolio Boston, MA 28,51228.5k $102.1k $102.1k 0.00% New
92 Knights of Columbus Asset Advisors LLC 0.01% of their portfolio NEW HAVEN, CT 27,06227.1k $96.9k $96.9k 0.01% Unchanged
93 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 27,03127.0k $97.2k $97.2k 0.00% Reduced -363 -363
94 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 26,19226.2k $93.8k $93.8k 0.00% Added +267 +267
95 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 25,95926.0k $92.9k $92.9k 0.00% Added +1.2k +1,211
96 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 25,01325.0k $89.5k $89.5k 0.00% Added +2.7k +2,743
97 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 23,79223.8k $85.2k $85.2k 0.00% Reduced -53.7k -53,692
98 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 23,69123.7k $85.0k $85.0k 0.00% Added +4.2k +4,151
99 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 21,59521.6k $78.7k $78.7k 0.00% Added +1.8k +1,776
100 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 21,15221.2k $75.7k $75.7k 0.00% Added +9.3k +9,306