ARCHER AVIATION INC ACHR
COM CL A · Common Stock · CUSIP 03945R102 · ISIN US03945R1023
American electric aircraft manufacturer
- SectorIndustrials
- IndustryAircraft
- HeadquartersSan Jose, CA
- Websitearcher.com
- FilingsSEC EDGAR
* 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 ($63.3m this quarter). Holder counts are more reliable. Shares outstanding: 651.3m as of 2025-10-31, 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 ≈ $9.58. Options: 29 managers hold calls ($284.9m notional), 20 hold puts ($189.6m).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 119 |
| Q4 2022 | 132 |
| Q1 2023 | 135 |
| Q2 2023 | 140 |
| Q3 2023 | 202 |
| Q4 2023 | 228 |
| Q1 2024 | 214 |
| Q2 2024 | 218 |
| Q3 2024 | 244 |
| Q4 2024 | 361 |
| Q1 2025 | 387 |
| Q2 2025 | 456 |
| Q3 2025 | 489 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2023 | 126 | 68 |
| Q1 2024 | 104 | 96 |
| Q2 2024 | 124 | 67 |
| Q3 2024 | 130 | 78 |
| Q4 2024 | 233 | 70 |
| Q1 2025 | 245 | 137 |
| Q2 2025 | 302 | 129 |
| Q3 2025 | 290 | 186 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $428.1m | $136.5m | 0.32 |
| Q1 2025 | $126.5m | $106.2m | 0.84 |
| Q2 2025 | $300.3m | $201.9m | 0.67 |
| Q3 2025 | $284.9m | $189.6m | 0.67 |
Biggest buyers
| VANGUARD GROUP INC | Added | +16.5m |
| STATE STREET CORP | Added | +8.5m |
| MORGAN STANLEY | Added | +4.7m |
| BlackRock, Inc. | Added | +3.1m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +2.4m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +1.8m |
| ARK Investment Management LLC | Added | +1.7m |
| Jump Financial, LLC | New | +1.6m |
| ROYAL BANK OF CANADA | Added | +1.6m |
| Squarepoint Ops LLC | Added | +1.6m |
Biggest sellers
| D. E. Shaw & Co., Inc. | Reduced | -15.9m |
| CITADEL ADVISORS LLC | Reduced | -7.0m |
| JANE STREET GROUP, LLC | Reduced | -4.9m |
| GOLDMAN SACHS GROUP INC | Reduced | -4.7m |
| UBS Group AG | Reduced | -4.0m |
| TWO SIGMA INVESTMENTS, LP | Reduced | -3.0m |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -2.5m |
| Alpine Global Management, LLC | Reduced | -2.4m |
| Man Group plc | Reduced | -2.3m |
| HEIGHTS CAPITAL MANAGEMENT, INC | Sold out | -2.3m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $71.9m7.5m shares |
| CITADEL ADVISORS LLC | Added | $46.0m4.8m shares |
| GROUP ONE TRADING LLC | Added | $38.3m4.0m shares |
| SIMPLEX TRADING, LLC | Reduced | $27.4m2.9m shares |
| PEAK6 LLC | Reduced | $16.1m1.7m shares |
| D. E. Shaw & Co., Inc. | Reduced | $13.2m1.4m shares |
| BOOTHBAY FUND MANAGEMENT, LLC | New | $12.0m1.2m shares |
| IMC-Chicago, LLC | Reduced | $11.6m1.2m shares |
| WOLVERINE TRADING, LLC | Added | $10.1m1.0m shares |
| JANE STREET GROUP, LLC | Reduced | $9.3m969.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $71.0m7.4m shares |
| CITADEL ADVISORS LLC | Added | $30.6m3.2m shares |
| JANE STREET GROUP, LLC | Reduced | $22.7m2.4m shares |
| SIMPLEX TRADING, LLC | Reduced | $14.0m1.5m shares |
| Twin Tree Management, LP | Reduced | $13.5m1.4m shares |
| IMC-Chicago, LLC | Added | $7.8m811.1k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $6.1m633.7k shares |
| GROUP ONE TRADING LLC | Reduced | $5.5m570.5k shares |
| Walleye Trading LLC | Reduced | $5.3m557.8k shares |
| PEAK6 LLC | Added | $4.9m511.8k 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 |
|---|---|
| Stellantis N.V. 13D · may seek influence -2.3 pts · filed 2026-01-06 | 10.4% |
| BlackRock, Inc. 13G · institution -1.2 pts · filed 2026-04-24 | 6.9% |
| STATE STREET CORP 13G · institution +1.4 pts · filed 2026-08-07 | 6.4% |
Fell to 5% or below in the last year: ARK Investment Management LLC (4.9%, 2026-05-07), VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales in Q3 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 |
|---|---|---|---|---|---|
| Q4 2023 | 0 | — | 2 | $215.3k | $215.3k |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 2 | $139.7k | 5 | $25.5m | $10.7m |
| Q1 2025 | 0 | — | 4 | $4.2m | $600.0k |
| Q2 2025 | 0 | — | 5 | $4.4m | $1.4m |
| Q3 2025 | 0 | — | 4 | $1.8m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-08-18 | Muniz Thomas Paul CHIEF TECHNOLOGY OFFICER | Sold | $846.7k86.1k shares |
| 2025-08-18 | Lentell Eric Chief Legal & Strategy Officer | Sold | $481.0k48.9k shares |
| 2025-08-18 | Perkins Tosha CHIEF PEOPLE PARTNERSHIPS OFF. | Sold | $420.5k42.8k shares |
| 2025-08-18 | Gupta Priya Interim CFO | Sold | $100.5k10.2k 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, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 52.4m $501.6m | Added +16.5m |
| BlackRock, Inc. 0.01% of their portfolio | 51.0m $488.6m | Added +3.1m |
| ARK Investment Management LLC 1.78% of their portfolio | 31.3m $299.9m | Added +1.7m |
| STATE STREET CORP 0.01% of their portfolio | 29.5m $282.4m | Added +8.5m |
| MORGAN STANLEY 0.01% of their portfolio | 12.9m $123.8m | Added +4.7m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 12.5m $119.9m | Added +526.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.10% of their portfolio | 6.9m $66.3m | Added +1.8m |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 6.5m $62.3m | Reduced -465.2k |
| Amova Asset Management Americas, Inc. 0.60% of their portfolio | 6.5m $62.2m | Reduced -467.0k |
| Alyeska Investment Group, L.P. 0.19% of their portfolio | 6.4m $61.4m | Reduced -2.1m |
| NORTHERN TRUST CORP 0.01% of their portfolio | 4.7m $45.3m | Added +115.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 4.7m $45.1m | Added +491.2k |
| Invesco Ltd. 0.01% of their portfolio | 4.2m $40.0m | Added +529.0k |
| Marex Group Ltd 0.43% of their portfolio | 3.6m $34.8m | Added +1.3m |
| FMR LLC 0.00% of their portfolio | 3.2m $30.8m | Reduced -68.3k |
| Granahan Investment Management, LLC 1.15% of their portfolio | 2.9m $28.2m | Reduced -302.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 2.8m $26.5m | Added +2.4m |
| Alpine Global Management, LLC 4.50% of their portfolio | 2.3m $21.9m | Reduced -2.4m |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 2.0m $19.2m | Added +1.6m |
| Burkehill Global Management, LP 1.09% of their portfolio | 2.0m $19.2m | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 2.0m $18.8m | Reduced -6.8k |
| Hudson Bay Capital Management LP 0.11% of their portfolio | 1.9m $18.7m | Reduced -1.9m |
| Squarepoint Ops LLC 0.04% of their portfolio | 1.9m $18.4m | Added +1.6m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.9m $18.2m | Added +981.0k |
| Man Group plc 0.03% of their portfolio | 1.9m $18.0m | Reduced -2.3m |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 1.7m $16.7m | Added +1.4m |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 1.7m $16.5m | Reduced -7.0m |
| UBS Group AG 0.00% of their portfolio | 1.7m $16.2m | Reduced -4.0m |
| Nuveen, LLC 0.00% of their portfolio | 1.6m $15.8m | Reduced -1.8m |
| Jump Financial, LLC 0.20% of their portfolio | 1.6m $15.7m | New |
| Aquatic Capital Management LLC 0.28% of their portfolio | 1.6m $14.9m | First filing |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.6m $14.9m | Reduced -4.7m |
| IQ EQ FUND MANAGEMENT (IRELAND) Ltd 0.92% of their portfolio | 1.4m $13.6m | Added +686.3k |
| Alta Fundamental Advisers LLC 6.23% of their portfolio | 1.3m $12.8m | Reduced -393.8k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 1.3m $12.5m | Added +351.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.3m $12.3m | Reduced -598.7k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 1.3m $12.0m | Added +1.1m |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio | 1.2m $12.0m | Reduced -2.5m |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 1.1m $10.8m | Reduced -4.9m |
| INFINITUM ASSET MANAGEMENT, LLC 1.96% of their portfolio | 1.1m $10.7m | Unchanged |
| Clear Street Group Inc. 0.05% of their portfolio | 1.1m $10.4m | First filing |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 1.1m $10.1m | Added +353.2k |
| Swiss National Bank 0.01% of their portfolio | 1.0m $10.0m | Added +5.1k |
| HBK INVESTMENTS L P 0.14% of their portfolio | 1.0m $9.6m | Unchanged |
| MASTERS CAPITAL MANAGEMENT LLC 1.54% of their portfolio | 999.7k $9.6m | Reduced -300 |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 979.6k $9.4m | Added +750.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 960.9k $9.2m | Reduced -451.4k |
| BARCLAYS PLC 0.00% of their portfolio | 933.4k $8.9m | Reduced -320.7k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 909.2k $8.7m | Reduced -15.9m |
| MARSHALL WACE, LLP 0.01% of their portfolio | 862.8k $8.3m | Added +769.1k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 796.3k $7.6m | Reduced -19.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 724.2k $6.9m | Added +201.4k |
| Twin Tree Management, LP 0.32% of their portfolio | 705.7k $6.8m | Added +479.7k |
| MIC Capital Management UK LLP 1.34% of their portfolio | 700.0k $6.7m | Unchanged |
| Allianz Asset Management GmbH 0.01% of their portfolio | 663.8k $6.4m | New |
| LPL Financial LLC 0.00% of their portfolio | 654.1k $6.3m | Added +168.2k |
| Legal & General Group Plc 0.00% of their portfolio | 607.9k $5.8m | Reduced -22.4k |
| Cetera Investment Advisers 0.01% of their portfolio | 594.7k $5.7m | Added +220.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 577.3k $5.5m | Reduced -61.1k |
| Trexquant Investment LP 0.06% of their portfolio | 566.8k $5.4m | New |
| Intellectus Partners, LLC 0.99% of their portfolio | 531.0k $5.1m | Reduced -81.1k |
| CITIGROUP INC 0.00% of their portfolio | 518.3k $5.0m | Reduced -63.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 510.3k $4.9m | Added +111 |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 497.5k $4.8m | Reduced -9.3k |
| SIMPLEX TRADING, LLC 0.10% of their portfolio | 486.9k $4.7m | Added +291.9k |
| Yarbrough Capital, LLC 0.14% of their portfolio | 466.8k $4.5m | Unchanged |
| GROUP ONE TRADING LLC 0.13% of their portfolio | 466.2k $4.5m | Reduced -1.8m |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 445.7k $4.3m | Reduced -3.0m |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 423.0k $4.1m | Added +52.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 418.4k $4.0m | Added +269.0k |
| Vestmark Advisory Solutions, Inc. 0.07% of their portfolio | 373.2k $3.6m | Reduced -514.4k |
| MATAURO, LLC 0.55% of their portfolio | 360.8k $3.5m | Reduced -22.1k |
| ALGERT GLOBAL LLC 0.05% of their portfolio | 333.4k $3.2m | Added +87.1k |
| Walleye Trading LLC 0.05% of their portfolio | 327.0k $3.1m | Added +214.5k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 325.6k $3.1m | Unchanged |
| BLKBRD Asset Management, LP 0.84% of their portfolio | 313.3k $3.0m | New |
| IMC-Chicago, LLC 0.05% of their portfolio | 303.1k $2.9m | Added +234.1k |
| MOORE CAPITAL MANAGEMENT, LP 0.06% of their portfolio | 300.0k $2.9m | Reduced -100.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 296.1k $2.8m | Added +10.4k |
| Private Advisor Group, LLC 0.01% of their portfolio | 295.5k $2.8m | Added +7.0k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 294.8k $2.8m | Added +95.8k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 293.7k $2.8m | Added +14.2k |
| Verition Fund Management LLC 0.02% of their portfolio | 293.1k $2.8m | Added +156.4k |
| Collar Capital Management, LLC 1.91% of their portfolio | 283.3k $2.7m | Added +1.6k |
| Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio | 277.8k $2.7m | Added +133.5k |
| INTECH INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 273.6k $2.6m | Reduced -103.9k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 255.9k $2.5m | Reduced -43.0k |
| GRATIA CAPITAL, LLC 2.12% of their portfolio | 250.0k $2.4m | Unchanged |
| Brevan Howard Capital Management LP 0.03% of their portfolio | 247.1k $2.4m | Added +99.2k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 232.4k $2.2m | Unchanged |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 226.8k $2.2m | Added +49.1k |
| Baird Financial Group, Inc. 0.00% of their portfolio | 225.2k $2.2m | Added +3.3k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 214.5k $2.0m | Added +45.6k |
| Cresset Asset Management, LLC 0.01% of their portfolio | 208.2k $2.0m | Reduced -115.3k |
| ExodusPoint Capital Management, LP 0.03% of their portfolio | 201.2k $1.9m | Added +116.8k |
| SORA INVESTORS LLC 0.18% of their portfolio | 200.0k $1.9m | Reduced -1.3m |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 197.4k $1.9m | Reduced -316.0k |
| Cubist Systematic Strategies, LLC 0.02% of their portfolio | 181.2k $1.7m | New |
| Hennion & Walsh Asset Management, Inc. 0.06% of their portfolio | 179.9k $1.7m | Added +54.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 172.6k $1.7m | Unchanged |