Vault-13

ALLIANCE ENTERTAINMENT HOLDI AENT

COM CLASS A · Common Stock · CUSIP 01861F102

23 institutional holders +3 vs Q4 2024
23,903,46523.9m shares reported held*
$80.1mreported value*
5 new 11 added 2 reduced 2 sold out net bought ≈ $78.8m (+23.5m 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 ($304.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $3.35.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0102030Q2 23: 4Q3 23: 4Q4 23: 7Q1 24: 6Q2 24: 9Q3 24: 7Q4 24: 20Q1 25: 2323Q2 23Q4 23Q2 24Q4 24Q1 25
Numbers
QuarterHolders
Q2 20234
Q3 20234
Q4 20237
Q1 20246
Q2 20249
Q3 20247
Q4 202420
Q1 202523

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q3 23: 2 bought or addedQ3 23: 1 cut or sold outQ3 23Q4 23: 4 bought or addedQ4 23: 2 cut or sold outQ1 24: 3 bought or addedQ1 24: 4 cut or sold outQ1 24Q2 24: 5 bought or addedQ2 24: 0 cut or sold outQ3 24: 1 bought or addedQ3 24: 3 cut or sold outQ3 24Q4 24: 14 bought or addedQ4 24: 1 cut or sold outQ1 25: 16 bought or addedQ1 25: 4 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q3 202321
Q4 202342
Q1 202434
Q2 202450
Q3 202413
Q4 2024141
Q1 2025164

Biggest buyers

Clarity Capital Partners LLC Added +23,409,676+23.4m
MARSHALL WACE, LLP Added +22,268+22.3k
MILLENNIUM MANAGEMENT LLC New +20,974+21.0k
OMERS ADMINISTRATION Corp Added +17,900+17.9k
GEODE CAPITAL MANAGEMENT, LLC New +13,311+13.3k
UBS Group AG Added +11,790+11.8k
Kestra Advisory Services, LLC New +11,000+11.0k
BRIDGEWAY CAPITAL MANAGEMENT, LLC Added +7,683+7.7k
Empowered Funds, LLC Added +7,683+7.7k
RENAISSANCE TECHNOLOGIES LLC Added +6,600+6.6k

Biggest sellers

INDEPENDENT FINANCIAL GROUP, LLC Sold out -16,547-16.5k
LPL Financial LLC Reduced -1,150-1.1k
LAZARD ASSET MANAGEMENT LLC Sold out -148-148
SBI Securities Co., Ltd. Reduced -113-113

Insider purchases and sales in Q1 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)

BuyingSelling
404Q2 23: 4 buyingQ2 23: 0 sellingQ3 23: 0 buyingQ3 23: 0 sellingQ3 23Q4 23: 0 buyingQ4 23: 0 sellingQ1 24: 1 buyingQ1 24: 0 sellingQ1 24Q2 24: 3 buyingQ2 24: 0 sellingQ3 24: 0 buyingQ3 24: 0 sellingQ3 24Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 3 buyingQ1 25: 0 sellingQ1 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20234$249.9k0——
Q3 20230—0——
Q4 20230—0——
Q1 20241$4990——
Q2 20243$62.7k0——
Q3 20240—0——
Q4 20240—0——
Q1 20253$297.6k0——
DateInsiderTradeSharesPrice ValueTheir holding
2025-02-27 Walker Jeffrey Clinton Chief Executive Officer, director Bought 32,500 $3.93 $127.7k32.5k shares +<1%
2025-02-26 Walker Jeffrey Clinton Chief Executive Officer, director Bought 36,684 $3.85 $141.2k36.7k shares +<1%
2025-02-24 Black Robert R. Chief Compliance Officer Bought 500 $3.65 $1.8k500 shares +4%
2025-02-22 Ogilvie Bruce A Jr Executive Chairman, director · See Footnote Bought 3,500 $3.66 $12.8k3.5k shares +<1%
2025-02-21 Ogilvie Bruce A Jr Executive Chairman, director · See Footnote Bought 1,000 $4.03 $4.0k1.0k shares +<1%
2025-02-19 Black Robert R. Chief Compliance Officer Bought 2,000 $5.00 $10.0k2.0k shares +20%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Clarity Capital Partners LLC 31.74% of their portfolio Newport Beach, CA 23,463,80123.5m $78.6m $78.6m 31.74% Added +23.4m +23,409,676
2 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio HOUSTON, TX 103,080103.1k $345.3k $345.3k 0.01% Added +7.7k +7,683
3 Empowered Funds, LLC 0.00% of their portfolio NEWTOWN SQUARE, PA 90,88090.9k $304.4k $304.4k 0.00% Added +7.7k +7,683
4 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 70,77970.8k $237.1k $237.1k 0.00% Added +22.3k +22,268
5 Perritt Capital Management Inc 0.06% of their portfolio Chicago, IL 35,00035.0k $117.2k $117.2k 0.06% Added +5.0k +5,000
6 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 34,05434.1k $114.0k $114.0k 0.00% Added +54 +54
7 Apollon Wealth Management, LLC 0.00% of their portfolio MOUNT PLEASANT, SC 31,98032.0k $107.1k $107.1k 0.00% Unchanged
8 OMERS ADMINISTRATION Corp 0.00% of their portfolio TORONTO, A6 27,90027.9k $93.5k $93.5k 0.00% Added +17.9k +17,900
9 SHEETS SMITH WEALTH MANAGEMENT 0.01% of their portfolio WINSTON-SALEM, NC 25,00025.0k $83.8k $83.8k 0.01% Unchanged
10 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 20,97421.0k $70.3k $70.3k 0.00% New
11 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 16,80016.8k $56.3k $56.3k 0.00% Added +6.6k +6,600
12 UBS Group AG 0.00% of their portfolio ZURICH, V8 15,54415.5k $52.1k $52.1k 0.00% Added +11.8k +11,790
13 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 14,40114.4k $48.2k $48.2k 0.00% Added +2.0k +2,020
14 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 13,31113.3k $44.6k $44.6k 0.00% New
15 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 13,20013.2k $44.2k $44.2k 0.00% Reduced -1.1k -1,150
16 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 11,00011.0k $36.9k $36.9k 0.00% New
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,5393.5k $11.9k $11.9k 0.00% New
18 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,4402.4k $8.2k $8.2k 0.00% Added +448 +448
19 NFSG Corp 0.00% of their portfolio BOCA RATON, FL 350350 $1.2k $1.2k 0.00% Unchanged
20 Moisand Fitzgerald Tamayo, LLC 0.00% of their portfolio ORLANDO, FL 200200 $670 $670 0.00% New
21 Truvestments Capital LLC 0.00% of their portfolio SARASOTA, FL 100100 $335 $335 0.00% Unchanged
22 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 1212 $40 $40 0.00% Reduced -113 -113
23 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged