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 ($151.3k this quarter). Holder counts are more reliable. Shares outstanding: 47.6m as of 2026-01-30, 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 ≈ $28.82. Options: 14 managers hold calls ($44.2m notional), 9 hold puts ($17.3m).
Trends to Q4 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 |
| Q3 2025 | 272 |
| Q4 2025 | 239 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 84 | 37 |
| Q2 2024 | 93 | 62 |
| Q3 2024 | 94 | 83 |
| Q4 2024 | 104 | 83 |
| Q1 2025 | 100 | 101 |
| Q2 2025 | 161 | 74 |
| Q3 2025 | 160 | 110 |
| Q4 2025 | 140 | 135 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $22.4m | $13.0m | 0.58 |
| Q2 2025 | $84.0m | $46.1m | 0.55 |
| Q3 2025 | $88.9m | $46.8m | 0.53 |
| Q4 2025 | $44.2m | $17.3m | 0.39 |
Biggest buyers
| VANGUARD GROUP INC | Added | +576.8k |
| UBS Group AG | Added | +550.8k |
| MORGAN STANLEY | Added | +369.7k |
| Qube Research & Technologies Ltd | Added | +341.4k |
| CITADEL ADVISORS LLC | Added | +322.9k |
| Atreides Management, LP | Added | +272.7k |
| EMERALD ADVISERS, LLC | Added | +236.4k |
| FIRST TRUST ADVISORS LP | Added | +224.6k |
| TWO SIGMA INVESTMENTS, LP | Added | +199.9k |
| ALGERT GLOBAL LLC | Added | +172.9k |
Biggest sellers
| FULLER & THALER ASSET MANAGEMENT, INC. | Sold out | -809.9k |
| Driehaus Capital Management LLC | Reduced | -719.0k |
| MACQUARIE GROUP LTD | Sold out | -465.2k |
| WELLINGTON MANAGEMENT GROUP LLP | Sold out | -399.2k |
| GOLDMAN SACHS GROUP INC | Reduced | -391.8k |
| D. E. Shaw & Co., Inc. | Reduced | -309.6k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -184.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -144.9k |
| CASTLEARK MANAGEMENT LLC | Sold out | -135.6k |
| AXIOM INVESTORS LLC /DE | Reduced | -130.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $9.8m340.0k shares |
| CITADEL ADVISORS LLC | Added | $9.2m320.6k shares |
| WELLS FARGO & COMPANY/MN | New | $6.0m210.0k shares |
| IMC-Chicago, LLC | Added | $4.8m167.3k shares |
| GROUP ONE TRADING LLC | Added | $3.2m109.9k shares |
| JANE STREET GROUP, LLC | Added | $2.8m96.7k shares |
| D. E. Shaw & Co., Inc. | Added | $2.8m95.8k shares |
| PEAK6 LLC | Reduced | $1.7m57.4k shares |
| Point72 Asset Management, L.P. | New | $952.6k33.1k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $921.0k32.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $8.1m282.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.5m156.8k shares |
| IMC-Chicago, LLC | Reduced | $1.6m56.2k shares |
| JANE STREET GROUP, LLC | Reduced | $998.7k34.7k shares |
| GROUP ONE TRADING LLC | Added | $699.4k24.3k shares |
| Walleye Capital LLC | Reduced | $520.9k18.1k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $411.6k14.3k shares |
| TUDOR INVESTMENT CORP ET AL | Reduced | $230.2k8.0k shares |
| Walleye Trading LLC | Reduced | $187.1k6.5k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 |
| Q3 2025 | 0 | — | 3 | $9.3m | — |
| Q4 2025 | 0 | — | 0 | — | — |
None reported in Q4 2025.
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 3.8m $107.9m | Added +121.1k |
| VANGUARD GROUP INC 0.00% of their portfolio | 3.5m $101.5m | Added +576.8k |
| BAILLIE GIFFORD & CO 0.04% of their portfolio | 1.5m $43.4m | Added +79.5k |
| STATE STREET CORP 0.00% of their portfolio | 1.2m $34.3m | Added +56.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.1m $31.4m | Added +20.9k |
| Atreides Management, LP 0.64% of their portfolio | 1.0m $30.1m | Added +272.7k |
| Nuveen, LLC 0.01% of their portfolio | 961.0k $27.7m | Added +134.8k |
| OBERWEIS ASSET MANAGEMENT INC/ 0.88% of their portfolio | 835.9k $24.1m | Added +170.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 782.3k $22.5m | Reduced -391.8k |
| EMERALD ADVISERS, LLC 0.67% of their portfolio | 757.6k $21.8m | Added +236.4k |
| AWM Investment Company, Inc. 2.10% of their portfolio | 754.2k $21.7m | Added +8.8k |
| UBS Group AG 0.00% of their portfolio | 744.6k $21.4m | Added +550.8k |
| MORGAN STANLEY 0.00% of their portfolio | 705.4k $20.3m | Added +369.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 683.2k $19.7m | Reduced -77.3k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 683.0k $19.7m | Added +224.6k |
| Telemark Asset Management, LLC 1.78% of their portfolio | 619.9k $17.8m | Reduced -70.1k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 599.0k $17.2m | Added +341.4k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 540.3k $15.5m | Added +68.8k |
| Driehaus Capital Management LLC 0.10% of their portfolio | 500.0k $14.4m | Reduced -719.0k |
| ALGERT GLOBAL LLC 0.21% of their portfolio | 460.8k $13.3m | Added +172.9k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.02% of their portfolio | 459.8k $13.2m | First filing |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 443.1k $12.8m | Reduced -309.6k |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.61% of their portfolio | 435.2k $12.5m | Added +127.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 387.5k $11.2m | Reduced -719 |
| ROYCE & ASSOCIATES LP 0.11% of their portfolio | 387.1k $11.1m | Added +29.5k |
| Invesco Ltd. 0.00% of their portfolio | 386.2k $11.1m | Added +100.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 360.8k $10.4m | Reduced -31.5k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 337.7k $9.7m | Added +322.9k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 321.6k $9.3m | Added +199.9k |
| Legal & General Group Plc 0.00% of their portfolio | 278.0k $8.0m | Added +18.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 274.8k $7.9m | Reduced -121.5k |
| PANAGORA ASSET MANAGEMENT INC 0.03% of their portfolio | 254.8k $7.3m | Added +52.2k |
| TUDOR INVESTMENT CORP ET AL 0.04% of their portfolio | 251.6k $7.2m | Added +76.6k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 242.8k $7.0m | Added +106.7k |
| ESSEX INVESTMENT MANAGEMENT CO LLC 0.94% of their portfolio | 215.2k $6.2m | Reduced -30.4k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 204.7k $6.5m | Added +5.1k |
| Stephens Investment Management Group LLC 0.07% of their portfolio | 174.2k $5.0m | Added +106.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 165.6k $4.8m | Reduced -32.5k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 152.8k $4.4m | New |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 146.0k $4.2m | Reduced -22.8k |
| Palisades Investment Partners, LLC 1.57% of their portfolio | 144.2k $4.2m | Added +3.1k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 141.8k $4.1m | Reduced -25.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 140.0k $4.0m | Reduced -184.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 137.0k $3.9m | Added +3.5k |
| Baird Financial Group, Inc. 0.01% of their portfolio | 134.9k $3.9m | Added +54.1k |
| AXIOM INVESTORS LLC /DE 0.03% of their portfolio | 134.1k $3.9m | Reduced -130.6k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 133.9k $3.9m | Reduced -83.9k |
| FMR LLC 0.00% of their portfolio | 124.4k $3.6m | Added +23.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 123.1k $3.5m | Reduced -106.7k |
| Y-Intercept (Hong Kong) Ltd 0.08% of their portfolio | 120.3k $3.5m | New |
| ArrowMark Colorado Holdings LLC 0.07% of their portfolio | 110.4k $3.2m | Unchanged |
| Swiss National Bank 0.00% of their portfolio | 89.1k $2.6m | Added +4.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 82.5k $2.4m | Added +19.5k |
| CAPITAL FUND MANAGEMENT S.A. 0.02% of their portfolio | 79.2k $2.3m | Added +13.6k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 78.8k $2.3m | Added +12.6k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 78.1k $2.2m | Reduced -44.4k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 77.5k $2.2m | Added +44.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 77.2k $2.2m | Reduced -5.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 76.9k $2.2m | Added +35.5k |
| BARCLAYS PLC 0.00% of their portfolio | 73.8k $2.1m | Added +11.2k |
| Lumbard & Kellner, LLC 0.72% of their portfolio | 71.2k $2.0m | Reduced -1.3k |
| SG Americas Securities, LLC 0.00% of their portfolio | 71.0k $2.0m | Added +39.2k |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 70.8k $2.0m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 70.4k $2.0m | Added +1.7k |
| HRT FINANCIAL LP 0.01% of their portfolio | 69.7k $2.0m | Added +63.5k |
| Dynamic Technology Lab Private Ltd 0.45% of their portfolio | 69.2k $2.0m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 65.6k $1.9m | Reduced -61.5k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 64.6k $1.9m | Added +24 |
| Walleye Capital LLC 0.01% of their portfolio | 64.5k $1.9m | New |
| CAMPBELL NEWMAN ASSET MANAGEMENT INC 0.13% of their portfolio | 63.1k $1.8m | Reduced -2.2k |
| ALPS ADVISORS INC 0.01% of their portfolio | 62.2k $1.8m | Reduced -4.1k |
| Aquatic Capital Management LLC 0.05% of their portfolio | 61.4k $1.8m | Added +7.5k |
| Campbell & CO Investment Adviser LLC 0.08% of their portfolio | 60.0k $1.7m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 59.0k $1.7m | Added +39.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 59.0k $1.7m | Added +19.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 57.7k $1.7m | Reduced -12.7k |
| TWINBEECH CAPITAL LP 0.11% of their portfolio | 52.2k $1.5m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 50.9k $1.5m | Added +234 |
| RICE HALL JAMES & ASSOCIATES, LLC 0.07% of their portfolio | 47.1k $1.4m | Reduced -13.6k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 47.1k $1.4m | Added +32.7k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 46.4k $1.3m | Added +650 |
| Amundi 0.00% of their portfolio | 46.3k $1.3m | Added +4.6k |
| Freestone Grove Partners LP 0.01% of their portfolio | 46.1k $1.3m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 45.1k $1.3m | Added +1.8k |
| Legato Capital Management LLC 0.10% of their portfolio | 40.7k $1.2m | Reduced -18.2k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 40.2k $1.2m | Added +6.0k |
| LPL Financial LLC 0.00% of their portfolio | 40.1k $1.2m | Reduced -8.6k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 39.6k $1.1m | Added +4.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 39.3k $1.1m | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 38.7k $1.1m | Added +2.6k |
| Merit Financial Group, LLC 0.01% of their portfolio | 37.3k $1.1m | Added +5.4k |
| Verition Fund Management LLC 0.01% of their portfolio | 37.2k $1.1m | Reduced -34.0k |
| Engineers Gate Manager LP 0.01% of their portfolio | 36.6k $1.1m | Reduced -60.9k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.02% of their portfolio | 36.2k $1.0m | Added +3.2k |
| Man Group plc 0.00% of their portfolio | 36.1k $1.0m | Added +20.0k |
| NATIXIS 0.00% of their portfolio | 35.1k $1.0m | New |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 35.1k $1.0m | Added +34.8k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 35.1k $1.0m | Added +12.7k |
| Headlands Technologies LLC 0.08% of their portfolio | 34.3k $987.4k | New |
| Focus Partners Wealth 0.00% of their portfolio | 34.3k $987.2k | Added +1.4k |