Vault-13

ACCOLADE INC ACCD

COM · Common Stock · CUSIP 00437E102 · ISIN US00437E1029

158 institutional holders +2 vs Q4 2024
67,829,03667.8m shares reported held*
$471.1mreported value*
48 new 44 added 46 reduced 46 sold out net bought ≈ $21.6m (+3.1m 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 ($448.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $6.95. Options: 6 managers hold calls ($1.2m notional), 7 hold puts ($9.8m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 149Q4 22: 150Q1 23: 151Q2 23: 157Q3 23: 151Q4 23: 142Q1 24: 151Q2 24: 152Q3 24: 151Q4 24: 156Q1 25: 158158Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022149
Q4 2022150
Q1 2023151
Q2 2023157
Q3 2023151
Q4 2023142
Q1 2024151
Q2 2024152
Q3 2024151
Q4 2024156
Q1 2025158

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 23: 78 bought or addedQ2 23: 68 cut or sold outQ3 23: 79 bought or addedQ3 23: 60 cut or sold outQ3 23Q4 23: 70 bought or addedQ4 23: 77 cut or sold outQ1 24: 79 bought or addedQ1 24: 63 cut or sold outQ1 24Q2 24: 85 bought or addedQ2 24: 63 cut or sold outQ3 24: 81 bought or addedQ3 24: 81 cut or sold outQ3 24Q4 24: 81 bought or addedQ4 24: 69 cut or sold outQ1 25: 92 bought or addedQ1 25: 92 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20237868
Q3 20237960
Q4 20237077
Q1 20247963
Q2 20248563
Q3 20248181
Q4 20248169
Q1 20259292

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ2 24 calls: $792.4kQ2 24 puts: $6.8mQ2 24P/C 8.55Q3 24 calls: $1.0mQ3 24 puts: $6.6mQ3 24P/C 6.50Q4 24 calls: $124.1kQ4 24 puts: $4.8mQ4 24P/C 38.65Q1 25 calls: $1.2mQ1 25 puts: $9.8mQ1 25P/C 7.84
Numbers
QuarterCallsPutsP/C
Q2 2024$792.4k$6.8m8.55
Q3 2024$1.0m$6.6m6.50
Q4 2024$124.1k$4.8m38.65
Q1 2025$1.2m$9.8m7.84

Biggest buyers

GLAZER CAPITAL, LLC New +6,109,029+6.1m
Magnetar Financial LLC New +5,750,393+5.8m
ALLIANCEBERNSTEIN L.P. Added +5,119,667+5.1m
First Trust Capital Management L.P. New +2,257,932+2.3m
Polar Asset Management Partners Inc. New +1,873,557+1.9m
ALPINE ASSOCIATES MANAGEMENT INC. New +1,746,070+1.7m
AQR Arbitrage LLC New +1,673,254+1.7m
GOLDMAN SACHS GROUP INC Added +886,240+886.2k
ABC ARBITRAGE SA New +733,848+733.8k
Qube Research & Technologies Ltd Added +665,865+665.9k

Biggest sellers

ARK Investment Management LLC Sold out -4,663,613-4.7m
DEERFIELD MANAGEMENT COMPANY, L.P. Sold out -3,475,000-3.5m
ACADIAN ASSET MANAGEMENT LLC Sold out -2,981,730-3.0m
MILLENNIUM MANAGEMENT LLC Reduced -2,486,690-2.5m
Amova Asset Management Americas, Inc. Sold out -1,766,480-1.8m
Sumitomo Mitsui Trust Group, Inc. Sold out -1,766,480-1.8m
Whetstone Capital Advisors, LLC Sold out -1,585,643-1.6m
D. E. Shaw & Co., Inc. Reduced -1,105,334-1.1m
Point72 Asset Management, L.P. Sold out -844,999-845.0k
Fairman Group, LLC Reduced -679,287-679.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $617.7k88.5k shares
Schonfeld Strategic Advisors LLC New $392.3k56.2k shares
GROUP ONE TRADING LLC Added $212.9k30.5k shares
CITADEL ADVISORS LLC Added $14.0k2.0k shares
SIMPLEX TRADING, LLC New $9.0k6.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

JANE STREET GROUP, LLC Reduced $7.9m1.1m shares
CITADEL ADVISORS LLC Reduced $982.1k140.7k shares
CSS LLC/IL New $593.3k85.0k shares
GROUP ONE TRADING LLC Reduced $257.6k36.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $85.2k12.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
SIMPLEX TRADING, LLC New $02.0k 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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GLAZER CAPITAL, LLC 1.97% of their portfolio New York, NY 6,109,0296.1m $42.6m $42.6m 1.97% New
2 BlackRock, Inc. 0.00% of their portfolio New York, NY 6,038,0196.0m $42.1m $42.1m 0.00% Reduced -189.0k -189,030
3 Magnetar Financial LLC 0.53% of their portfolio EVANSTON, IL 5,750,3935.8m $40.1m $40.1m 0.53% New
4 a16z Capital Management, L.L.C. 5.38% of their portfolio MENLO PARK, CA 5,398,7085.4m $37.7m $37.7m 5.38% Unchanged
5 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 5,194,7595.2m $36.3m $36.3m 0.01% Added +5.1m +5,119,667
6 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 4,186,6794.2m $29.2m $29.2m 0.00% Added +5.3k +5,292
7 ODDO BHF ASSET MANAGEMENT SAS 0.67% of their portfolio PARIS, I0 2,355,0002.4m $16.4m $16.4m 0.67% Not comparable
8 First Trust Capital Management L.P. 1.14% of their portfolio CHICAGO, IL 2,257,9322.3m $15.8m $15.8m 1.14% New
9 Polar Asset Management Partners Inc. 0.43% of their portfolio TORONTO, A6 1,873,5571.9m $13.1m $13.1m 0.43% New
10 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,813,0321.8m $12.7m $12.7m 0.00% Added +68.6k +68,639
11 ALPINE ASSOCIATES MANAGEMENT INC. 0.64% of their portfolio PALM BEACH, FL 1,746,0701.7m $12.2m $12.2m 0.64% New
12 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,705,1711.7m $11.9m $11.9m 0.00% Added +886.2k +886,240
13 AQR Arbitrage LLC 0.28% of their portfolio Greenwich, CT 1,673,2541.7m $11.7m $11.7m 0.28% New
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,459,0421.5m $10.2m $10.2m 0.00% Reduced -5.7k -5,656
15 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 1,175,4491.2m $8.2m $8.2m 0.01% Reduced -1.1m -1,105,334
16 Fairman Group, LLC 3.55% of their portfolio CHESTERBROOK, PA 1,123,1121.1m $3.9m $3.9m 3.55% Reduced -679.3k -679,287
17 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 1,119,5961.1m $7.8m $7.8m 0.00% Reduced -393.7k -393,679
18 KENNEDY CAPITAL MANAGEMENT LLC 0.18% of their portfolio ST LOUIS, MO 1,090,9041.1m $7.6m $7.6m 0.18% Added +25.1k +25,147
19 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 1,004,2991.0m $7.0m $7.0m 0.01% Added +665.9k +665,865
20 ABC ARBITRAGE SA 0.95% of their portfolio PARIS, I0 733,848733.8k $5.1m $5.1m 0.95% New
21 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 671,989672.0k $4.7m $4.7m 0.00% Added +77.8k +77,771
22 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 619,038619.0k $4.3m $4.3m 0.00% Reduced -18.0k -17,974
23 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 611,186611.2k $4.3m $4.3m 0.00% Added +261.5k +261,541
24 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 604,171604.2k $4.2m $4.2m 0.00% Reduced -2.5m -2,486,690
25 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 600,382600.4k $4.2m $4.2m 0.00% Reduced -11.3k -11,349
26 GABELLI FUNDS LLC 0.03% of their portfolio Rye, NY 569,336569.3k $4.0m $4.0m 0.03% New
27 TOCQUEVILLE ASSET MANAGEMENT L.P. 0.06% of their portfolio New York, NY 490,000490.0k $3.4m $3.4m 0.06% Reduced -90.0k -90,000
28 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 418,585418.6k $2.9m $2.9m 0.00% Added +112.7k +112,749
29 GABELLI & Co INVESTMENT ADVISERS, INC. 0.44% of their portfolio Rye, NY 416,050416.1k $2.9m $2.9m 0.44% New
30 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 400,478400.5k $2.8m $2.8m 0.01% Reduced -327.9k -327,887
31 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 361,787361.8k $2.5m $2.5m 0.00% Reduced -229.1k -229,149
32 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 351,265351.3k $2.5m $2.5m 0.01% New
33 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 317,923317.9k $2.2m $2.2m 0.00% Reduced -246.8k -246,820
34 Johnson Financial Group, LLC 0.23% of their portfolio Denver, CO 317,026317.0k $2.2m $2.2m 0.23% Reduced -109.6k -109,589
35 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 299,279299.3k $2.1m $2.1m 0.00% Added +216.0k +216,022
36 Chicago Capital Management, LLC 1.12% of their portfolio CHICAGO, IL 259,233259.2k $1.8m $1.8m 1.12% New
37 Carmignac Gestion 0.03% of their portfolio PARIS, I0 238,864238.9k $1.7m $1.7m 0.03% New
38 Groupe la Francaise 0.03% of their portfolio PARIS, I0 226,800226.8k $1.6m $1.6m 0.03% New
39 GAMCO INVESTORS, INC. ET AL 0.02% of their portfolio GREENWICH, CT 220,000220.0k $1.5m $1.5m 0.02% New
40 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 214,621214.6k $1.5m $1.5m 0.00% First filing
41 CREDIT INDUSTRIEL ET COMMERCIAL 0.27% of their portfolio PARIS FRANCE, I0 211,200211.2k $1.5m $1.5m 0.27% New
42 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 208,617208.6k $1.5m $1.5m 0.00% Added +7.4k +7,417
43 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 203,201203.2k $1.4m $1.4m 0.00% Reduced -95.2k -95,166
44 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 202,554202.6k $1.4m $1.4m 0.00% Added +145.4k +145,375
45 WATER ISLAND CAPITAL LLC 0.24% of their portfolio NEW YORK, NY 195,155195.2k $1.4m $1.4m 0.24% New
46 OXFORD ASSET MANAGEMENT LLP 0.61% of their portfolio OXFORD, X0 191,696191.7k $1.3m $1.3m 0.61% Not comparable
47 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 188,434188.4k $1.3m $1.3m 0.00% Added +129.8k +129,779
48 Melqart Asset Management (UK) Ltd 0.18% of their portfolio London, X0 188,328188.3k $1.3m $1.3m 0.18% New
49 EQUITABLE TRUST CO 0.06% of their portfolio NASHVILLE, TN 163,731163.7k $1.1m $1.1m 0.06% Added +8.7k +8,711
50 Yakira Capital Management, Inc. 0.44% of their portfolio Westport, CT 153,656153.7k $1.1m $1.1m 0.44% New
51 New York Life Investment Management LLC 0.01% of their portfolio New York, NY 144,985145.0k $1.0m $1.0m 0.01% New
52 OMERS ADMINISTRATION Corp 0.01% of their portfolio TORONTO, A6 138,800138.8k $968.8k $968.8k 0.01% New
53 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 134,601134.6k $939.5k $939.5k 0.00% Added +55.9k +55,877
54 HARVEST MANAGEMENT LLC 0.41% of their portfolio New York, NY 125,000125.0k $872.5k $872.5k 0.41% New
55 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 121,445121.4k $847.7k $847.7k 0.00% New
56 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 114,704114.7k $800.6k $800.6k 0.00% Reduced -432 -432
57 CSS LLC/IL 0.05% of their portfolio CHICAGO, IL 112,566112.6k $785.7k $785.7k 0.05% New
58 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 111,224111.2k $776.3k $776.3k 0.00% Added +57.5k +57,471
59 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 107,809107.8k $752.5k $752.5k 0.00% Reduced -43.7k -43,684
60 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 102,712102.7k $718.5k $718.5k 0.00% Added +39.8k +39,773
61 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 102,598102.6k $720.2k $720.2k 0.00% Unchanged
62 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.06% of their portfolio Englewood, NJ 100,070100.1k $698.5k $698.5k 0.06% New
63 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 99,69199.7k $695.8k $695.8k 0.01% Reduced -569.0k -569,047
64 LMR Partners LLP 0.01% of their portfolio LONDON, X0 96,59096.6k $674.2k $674.2k 0.01% New
65 WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio CHICAGO, IL 91,73591.7k $640.3k $640.3k 0.01% New
66 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 82,19282.2k $573.7k $573.7k 0.00% Added +1.0k +1,039
67 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 80,27680.3k $560.3k $560.3k 0.00% New
68 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 79,16379.2k $552.6k $552.6k 0.00% Added +1.7k +1,706
69 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 75,53975.5k $527.3k $527.3k 0.00% Added +214 +214
70 LIGHTSPEED MANAGEMENT COMPANY, L.L.C. 0.34% of their portfolio MENLO PARK, CA 66,57866.6k $464.7k $464.7k 0.34% Unchanged
71 PRELUDE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio NEW YORK, NY 64,22964.2k $448.3k $448.3k 0.05% Added +52.8k +52,751
72 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 63,30063.3k $441.8k $441.8k 0.00% Reduced -131.5k -131,500
73 PenderFund Capital Management Ltd. 0.66% of their portfolio VANCOUVER, A1 62,70062.7k $2.1m $2.1m 0.66% New
74 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 62,24062.2k $434.4k $434.4k 0.00% Added +59.1k +59,099
75 SHERBROOKE PARK ADVISERS LLC 0.20% of their portfolio WHITE PLAINS, NY 61,69661.7k $430.6k $430.6k 0.20% Reduced -10.3k -10,283
76 GSA CAPITAL PARTNERS LLP 0.04% of their portfolio LONDON, X0 61,55561.6k $430.0k $430.0k 0.04% Reduced -74.3k -74,347
77 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 61,00861.0k $426.0k $426.0k 0.00% Added +20.5k +20,510
78 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 60,32960.3k $421.1k $421.1k 0.00% Added +4.6k +4,649
79 FMR LLC 0.00% of their portfolio BOSTON, MA 57,49757.5k $401.3k $401.3k 0.00% Added +4.0k +4,004
80 Composition Wealth, LLC 0.01% of their portfolio LOS ANGELES, CA 57,42757.4k $400.8k $400.8k 0.01% Unchanged
81 UBS Group AG 0.00% of their portfolio ZURICH, V8 54,21354.2k $378.4k $378.4k 0.00% Reduced -204.6k -204,563
82 Clearline Capital LP 0.04% of their portfolio NEW YORK, NY 51,53051.5k $359.7k $359.7k 0.04% Reduced -186.4k -186,351
83 XTX Topco Ltd 0.02% of their portfolio LONDON, X0 49,88849.9k $348.2k $348.2k 0.02% Reduced -37.6k -37,626
84 Inspire Investing, LLC 0.04% of their portfolio MERIDIAN, ID 49,21549.2k $343.5k $343.5k 0.04% Reduced -68.0k -68,001
85 Sagefield Capital LP 0.04% of their portfolio DALLAS, TX 47,83847.8k $333.9k $333.9k 0.04% New
86 INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio WEST PALM BEACH, FL 44,56344.6k $311.1k $311.1k 0.00% Added +7.6k +7,579
87 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 42,95843.0k $299.8k $299.8k 0.00% Reduced -379 -379
88 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 42,14242.1k $294.2k $294.2k 0.00% Added +2.0k +1,989
89 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 39,86639.9k $278.3k $278.3k 0.00% Added +16.5k +16,500
90 IEQ CAPITAL, LLC 0.00% of their portfolio Foster City, CA 39,80439.8k $277.8k $277.8k 0.00% Reduced -42.7k -42,705
91 Polymer Capital Management (US) LLC 0.08% of their portfolio NEW YORK, NY 39,63039.6k $276.6k $276.6k 0.08% New
92 Graham Capital Management, L.P. 0.01% of their portfolio ROWAYTON, CT 38,68538.7k $270.0k $270.0k 0.01% Reduced -38.9k -38,890
93 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 36,53736.5k $255.0k $255.0k 0.00% Added +218 +218
94 Point72 Asia (Singapore) Pte. Ltd. 0.06% of their portfolio SINGAPORE, U0 34,26734.3k $239.2k $239.2k 0.06% New
95 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 32,88832.9k $230.0k $230.0k 0.00% Added +5.2k +5,215
96 FORA Capital, LLC 0.02% of their portfolio MIAMI, FL 32,19332.2k $224.7k $224.7k 0.02% New
97 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 32,18532.2k $224.6k $224.6k 0.00% Reduced -345.0k -345,036
98 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 31,17931.2k $217.6k $217.6k 0.00% Reduced -28.2k -28,194
99 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 27,47727.5k $191.8k $191.8k 0.00% Reduced -7.7k -7,678
100 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 26,94926.9k $188.1k $188.1k 0.00% Reduced -743 -743