AMERICAN SUPERCONDUCTOR CORP AMSC
SHS NEW · Common Stock · CUSIP 030111207 · ISIN US0301112076
Energy technologies company based in Devens, Massachusetts
* 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 ($1.8m this quarter). Holder counts are more reliable. Shares outstanding: 45.2m as of 2025-07-25, 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 ≈ $36.70. Options: 13 managers hold calls ($84.0m notional), 12 hold puts ($46.1m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 82 |
| Q4 2022 | 77 |
| Q1 2023 | 75 |
| Q2 2023 | 78 |
| Q3 2023 | 73 |
| Q4 2023 | 100 |
| Q1 2024 | 129 |
| Q2 2024 | 156 |
| Q3 2024 | 171 |
| Q4 2024 | 191 |
| Q1 2025 | 190 |
| Q2 2025 | 233 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 41 | 36 |
| Q4 2023 | 53 | 34 |
| Q1 2024 | 84 | 37 |
| Q2 2024 | 93 | 62 |
| Q3 2024 | 94 | 83 |
| Q4 2024 | 104 | 83 |
| Q1 2025 | 100 | 101 |
| Q2 2025 | 161 | 74 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $37.5m | $19.9m | 0.53 |
| Q4 2024 | $38.1m | $29.9m | 0.79 |
| Q1 2025 | $22.4m | $13.0m | 0.58 |
| Q2 2025 | $84.0m | $46.1m | 0.55 |
Biggest buyers
| CITADEL ADVISORS LLC | Added | +558.1k |
| GOLDMAN SACHS GROUP INC | Added | +547.1k |
| EMERALD ADVISERS, LLC | Added | +461.3k |
| HEIGHTS CAPITAL MANAGEMENT, INC | New | +340.1k |
| Atreides Management, LP | Added | +280.4k |
| TUDOR INVESTMENT CORP ET AL | Added | +240.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | New | +236.4k |
| Nuveen, LLC | Added | +219.3k |
| EMERALD MUTUAL FUND ADVISERS TRUST | Added | +201.3k |
| Ghisallo Capital Management LLC | New | +200.0k |
Biggest sellers
| Qube Research & Technologies Ltd | Reduced | -279.3k |
| MACQUARIE GROUP LTD | Reduced | -204.6k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -187.4k |
| TWINBEECH CAPITAL LP | Sold out | -115.5k |
| Connor, Clark & Lunn Investment Management Ltd. | Sold out | -108.6k |
| Invesco Ltd. | Reduced | -84.2k |
| Trexquant Investment LP | Reduced | -82.9k |
| Cubist Systematic Strategies, LLC | Reduced | -81.6k |
| Hood River Capital Management LLC | Reduced | -70.2k |
| AMERIPRISE FINANCIAL INC | Sold out | -68.3k |
Biggest calls
| PEAK6 LLC | Added | $38.5m1.1m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $19.3m525.5k shares |
| CITADEL ADVISORS LLC | Reduced | $8.7m237.0k shares |
| IMC-Chicago, LLC | Reduced | $4.2m114.3k shares |
| GROUP ONE TRADING LLC | Reduced | $3.1m84.9k shares |
| SIMPLEX TRADING, LLC | Added | $2.9m78.9k shares |
| JANE STREET GROUP, LLC | Added | $2.5m68.4k shares |
| Walleye Trading LLC | Added | $2.0m55.2k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $1.3m35.6k shares |
| Walleye Capital LLC | Reduced | $869.6k23.7k shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $13.0m354.2k shares |
| HEIGHTS CAPITAL MANAGEMENT, INC | New | $12.6m342.9k shares |
| CITADEL ADVISORS LLC | Reduced | $7.1m194.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $5.5m150.0k shares |
| IMC-Chicago, LLC | Added | $3.2m87.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $976.0k26.6k shares |
| TUDOR INVESTMENT CORP ET AL | Reduced | $880.6k24.0k shares |
| Walleye Trading LLC | Added | $832.9k22.7k shares |
| SIMPLEX TRADING, LLC | Added | $799.0k21.8k shares |
| Walleye Capital LLC | Added | $733.8k20.0k 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.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution -1.6 pts · filed 2025-04-17 | 7.1% |
Fell to 5% or below in the last year: VANGUARD CAPITAL MANAGEMENT LLC (4.9%, 2026-07-31), VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales in Q2 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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 2 | $2.2m | $2.2m |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 1 | $1.4m | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 2 | $6.1m | $6.1m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-11 | McGahn Daniel P Chairman, President and CEO, director | Sold plan | $366.3k12.8k shares |
| 2025-06-11 | Kosiba John W JR SVP, CFO & Treasurer | Sold plan | $189.8k6.6k shares |
| 2025-06-06 | McGahn Daniel P Chairman, President and CEO, director | Sold plan | $244.7k7.7k shares |
| 2025-06-06 | Kosiba John W JR SVP, CFO & Treasurer | Sold plan | $151.0k4.7k shares |
| 2025-05-27 | McGahn Daniel P Chairman, President and CEO, director | Sold plan | $3.2m122.7k shares |
| 2025-05-27 | Kosiba John W JR SVP, CFO & Treasurer | Sold plan | $1.3m50.0k shares |
| 2025-05-20 | McGahn Daniel P Chairman, President and CEO, director | Sold plan | $313.8k12.8k shares |
| 2025-05-20 | Kosiba John W JR SVP, CFO & Treasurer | Sold plan | $290.6k11.9k shares |
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, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 3.4m $125.5m | Added +161.6k |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.4m $89.8m | Added +159.5k |
| AWM Investment Company, Inc. 6.41% of their portfolio | 1.6m $57.2m | Unchanged |
| BAILLIE GIFFORD & CO 0.04% of their portfolio | 1.5m $53.3m | Reduced -66.2k |
| Hood River Capital Management LLC 0.60% of their portfolio | 1.2m $42.9m | Reduced -70.2k |
| Atreides Management, LP 1.12% of their portfolio | 1.1m $40.5m | Added +280.4k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.0m $37.8m | Added +547.1k |
| STATE STREET CORP 0.00% of their portfolio | 1.0m $37.4m | Added +130.1k |
| Nuveen, LLC 0.01% of their portfolio | 997.9k $36.6m | Added +219.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 940.1k $34.5m | Added +58.4k |
| Driehaus Capital Management LLC 0.25% of their portfolio | 839.8k $30.8m | Added +4 |
| MACQUARIE GROUP LTD 0.04% of their portfolio | 822.2k $30.2m | Reduced -204.6k |
| ROYCE & ASSOCIATES LP 0.31% of their portfolio | 811.7k $29.8m | Reduced -55.6k |
| Telemark Asset Management, LLC 2.69% of their portfolio | 690.0k $25.3m | Added +90.0k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 689.7k $25.3m | Added +558.1k |
| OBERWEIS ASSET MANAGEMENT INC/ 1.07% of their portfolio | 668.2k $24.5m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 570.4k $20.9m | Added +60.5k |
| EMERALD ADVISERS, LLC 0.67% of their portfolio | 500.1k $18.3m | Added +461.3k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 480.8k $17.6m | Reduced -187.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 431.6k $15.8m | Added +142.4k |
| Legal & General Group Plc 0.00% of their portfolio | 417.0k $15.3m | Added +52.5k |
| ESSEX INVESTMENT MANAGEMENT CO LLC 2.31% of their portfolio | 346.0k $12.7m | Reduced -26.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 341.5k $12.5m | Added +11.0k |
| HEIGHTS CAPITAL MANAGEMENT, INC 3.90% of their portfolio | 340.1k $12.5m | New |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 337.6k $12.4m | Added +7.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 323.0k $11.8m | Added +13.3k |
| Allspring Global Investments Holdings, LLC 0.02% of their portfolio | 273.4k $9.8m | Reduced -67.6k |
| TUDOR INVESTMENT CORP ET AL 0.07% of their portfolio | 260.1k $9.5m | Added +240.0k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 251.8k $9.2m | Added +26.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 236.4k $8.7m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 220.8k $8.1m | Added +173.9k |
| Hillsdale Investment Management Inc. 0.30% of their portfolio | 220.0k $8.1m | Added +29.6k |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.48% of their portfolio | 213.9k $7.8m | Added +201.3k |
| ALGERT GLOBAL LLC 0.16% of their portfolio | 205.7k $7.5m | Added +110.0k |
| Ghisallo Capital Management LLC 0.20% of their portfolio | 200.0k $7.3m | New |
| UBS Group AG 0.00% of their portfolio | 198.4k $7.3m | Added +23.2k |
| Lisanti Capital Growth, LLC 1.84% of their portfolio | 180.8k $6.6m | New |
| PANAGORA ASSET MANAGEMENT INC 0.03% of their portfolio | 172.0k $6.3m | Added +26.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 169.1k $6.2m | Added +116.2k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 168.9k $6.2m | Reduced -42.3k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 166.9k $6.1m | Added +9.0k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 164.1k $6.0m | Added +42.6k |
| Trexquant Investment LP 0.07% of their portfolio | 159.5k $5.9m | Reduced -82.9k |
| Invesco Ltd. 0.00% of their portfolio | 159.3k $5.8m | Reduced -84.2k |
| ArrowMark Colorado Holdings LLC 0.10% of their portfolio | 156.4k $5.7m | Added +26.0k |
| Andrew Hill Investment Advisors, Inc. 4.51% of their portfolio | 152.8k $5.6m | Added +79.9k |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 151.3k $5.6m | Added +43.9k |
| Squarepoint Ops LLC 0.01% of their portfolio | 147.2k $5.4m | Added +101.7k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 146.2k $5.4m | Added +127.0k |
| Palisades Investment Partners, LLC 2.25% of their portfolio | 140.5k $5.2m | Reduced -4.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 134.2k $4.9m | Added +62.7k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 133.6k $4.9m | Added +58.7k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 130.1k $4.8m | Reduced -279.3k |
| Jump Financial, LLC 0.06% of their portfolio | 128.6k $4.7m | New |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 122.8k $4.5m | Added +79.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 120.9k $4.4m | Added +12.9k |
| CAPITAL FUND MANAGEMENT S.A. 0.05% of their portfolio | 112.3k $4.1m | Reduced -35.1k |
| CASTLEARK MANAGEMENT LLC 0.12% of their portfolio | 109.2k $4.0m | New |
| GMT Capital Corp 0.17% of their portfolio | 108.1k $4.0m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 95.3k $3.5m | Added +44.4k |
| RICE HALL JAMES & ASSOCIATES, LLC 0.19% of their portfolio | 94.7k $3.5m | Added +12.0k |
| Swiss National Bank 0.00% of their portfolio | 83.3k $3.1m | Added +10.7k |
| Baird Financial Group, Inc. 0.01% of their portfolio | 83.1k $3.0m | Reduced -2.7k |
| BARCLAYS PLC 0.00% of their portfolio | 80.4k $2.9m | Added +32.4k |
| Legato Capital Management LLC 0.34% of their portfolio | 78.6k $2.9m | Added +34.2k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 75.3k $2.8m | Added +53.1k |
| Informed Momentum Co LLC 0.42% of their portfolio | 75.3k $2.8m | New |
| ExodusPoint Capital Management, LP 0.03% of their portfolio | 74.4k $2.7m | Added +38.1k |
| Lumbard & Kellner, LLC 1.16% of their portfolio | 72.4k $2.7m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 69.3k $2.5m | Added +2.8k |
| Penserra Capital Management LLC 0.03% of their portfolio | 68.3k $2.5m | New |
| CAMPBELL NEWMAN ASSET MANAGEMENT INC 0.19% of their portfolio | 65.0k $2.4m | Added +4.4k |
| ALPS ADVISORS INC 0.01% of their portfolio | 64.6k $2.4m | Added +5.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 63.0k $2.3m | Added +36.8k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 61.2k $2.2m | Added +12.0k |
| Centiva Capital, LP 0.14% of their portfolio | 56.9k $2.1m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 55.6k $2.0m | Reduced -2.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 50.8k $1.9m | Added +15.2k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 50.5k $1.9m | Added +6.4k |
| Merit Financial Group, LLC 0.02% of their portfolio | 49.9k $1.8m | Reduced -1.9k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 49.8k $1.8m | New |
| POLEN CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 47.2k $1.7m | New |
| BANTAMAC CAPITAL, LLC 0.62% of their portfolio | 47.2k $1.7m | Added +4.7k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 46.8k $1.7m | Added +31.0k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 45.8k $1.7m | New |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 45.7k $1.7m | Added +3.2k |
| Amundi 0.00% of their portfolio | 43.9k $1.7m | Reduced -5.9k |
| OPPENHEIMER & CO INC 0.02% of their portfolio | 43.6k $1.6m | Added +33.6k |
| XTX Topco Ltd 0.06% of their portfolio | 42.2k $1.5m | Added +25.9k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 42.1k $1.5m | Added +12.2k |
| FOX RUN MANAGEMENT, L.L.C. 0.23% of their portfolio | 37.5k $1.4m | Added +8.8k |
| Verition Fund Management LLC 0.01% of their portfolio | 37.2k $1.4m | Reduced -7.1k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.03% of their portfolio | 36.7k $1.3m | New |
| LPL Financial LLC 0.00% of their portfolio | 36.3k $1.3m | Added +2.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 35.7k $1.3m | Unchanged |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 35.2k $1.3m | New |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 34.9k $1.3m | Reduced -2.8k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.05% of their portfolio | 34.7k $1.3m | Reduced -31.8k |
| Aquatic Capital Management LLC 0.02% of their portfolio | 33.0k $1.2m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 27.9k $1.0m | Added +3.6k |