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 ($60.0m this quarter). Holder counts are more reliable. Shares outstanding: 744.5m as of 2026-02-25, 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 ≈ $7.52. Options: 24 managers hold calls ($243.7m notional), 21 hold puts ($126.7m).
Trends to Q4 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 |
| Q4 2025 | 546 |
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 | 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 |
| Q4 2025 | 315 | 186 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $126.5m | $106.2m | 0.84 |
| Q2 2025 | $300.3m | $201.9m | 0.67 |
| Q3 2025 | $284.9m | $189.6m | 0.67 |
| Q4 2025 | $243.7m | $126.7m | 0.52 |
Biggest buyers
| BlackRock, Inc. | Added | +6.4m |
| GOLDMAN SACHS GROUP INC | Added | +4.7m |
| BNP PARIBAS FINANCIAL MARKETS | Added | +4.1m |
| ARK Investment Management LLC | Added | +3.9m |
| STATE STREET CORP | Added | +3.3m |
| SEVEN GRAND MANAGERS, LLC | New | +3.0m |
| MORGAN STANLEY | Added | +2.8m |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +2.7m |
| CAPITAL FUND MANAGEMENT S.A. | Added | +2.5m |
| Alpine Global Management, LLC | Added | +2.4m |
Biggest sellers
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -6.1m |
| FMR LLC | Reduced | -2.5m |
| Invesco Ltd. | Reduced | -2.4m |
| ROYAL BANK OF CANADA | Reduced | -1.8m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.6m |
| Aquatic Capital Management LLC | Reduced | -1.4m |
| Granahan Investment Management, LLC | Reduced | -1.2m |
| JPMORGAN CHASE & CO | Reduced | -1.2m |
| AMERIPRISE FINANCIAL INC | Reduced | -1.2m |
| Squarepoint Ops LLC | Reduced | -1.2m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $92.9m12.4m shares |
| CITADEL ADVISORS LLC | Added | $41.2m5.5m shares |
| GROUP ONE TRADING LLC | Reduced | $28.2m3.8m shares |
| SIMPLEX TRADING, LLC | Reduced | $20.6m2.7m shares |
| IMC-Chicago, LLC | Added | $13.3m1.8m shares |
| JANE STREET GROUP, LLC | Added | $12.0m1.6m shares |
| D. E. Shaw & Co., Inc. | Added | $10.8m1.4m shares |
| PEAK6 LLC | Reduced | $9.1m1.2m shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $7.8m1.0m shares |
| Balyasny Asset Management L.P. | New | $3.3m441.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $33.2m4.4m shares |
| GOLDMAN SACHS GROUP INC | New | $30.1m4.0m shares |
| CITADEL ADVISORS LLC | Reduced | $16.3m2.2m shares |
| JANE STREET GROUP, LLC | Reduced | $10.8m1.4m shares |
| SIMPLEX TRADING, LLC | Reduced | $6.3m843.0k shares |
| IMC-Chicago, LLC | Reduced | $5.1m675.3k shares |
| GROUP ONE TRADING LLC | Added | $4.9m646.2k shares |
| PEAK6 LLC | Added | $4.6m616.4k shares |
| Walleye Trading LLC | Reduced | $4.0m529.5k shares |
| Twin Tree Management, LP | Reduced | $2.8m369.1k 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 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 | — | 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 | — |
| Q4 2025 | 0 | — | 4 | $1.4m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-11-17 | Muniz Thomas Paul CHIEF TECHNOLOGY OFFICER | Sold | $679.0k90.6k shares |
| 2025-11-17 | Perkins Tosha CHIEF PEOPLE PARTNERSHIPS OFF. | Sold | $337.2k45.0k shares |
| 2025-11-17 | Lentell Eric Chief Legal & Strategy Officer | Sold | $310.8k41.5k shares |
| 2025-11-17 | Gupta Priya Interim CFO | Sold | $41.0k5.5k 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, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 57.4m $431.4m | Added +6.4m |
| VANGUARD GROUP INC 0.01% of their portfolio | 54.7m $411.2m | Added +2.3m |
| ARK Investment Management LLC 1.76% of their portfolio | 35.2m $264.5m | Added +3.9m |
| STATE STREET CORP 0.01% of their portfolio | 32.8m $246.5m | Added +3.3m |
| MORGAN STANLEY 0.01% of their portfolio | 15.7m $118.2m | Added +2.8m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 14.4m $108.2m | Added +1.9m |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 7.9m $59.5m | Added +1.4m |
| Amova Asset Management Americas, Inc. 0.69% of their portfolio | 7.9m $59.5m | Added +1.4m |
| Blackstone Inc. 0.26% of their portfolio | 7.8m $58.8m | Not comparable |
| NORGES BANK 0.01% of their portfolio | 7.8m $58.5m | Not comparable |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 6.2m $47.0m | Added +4.7m |
| Alyeska Investment Group, L.P. 0.13% of their portfolio | 6.0m $45.2m | Reduced -403.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 5.4m $40.9m | Added +723.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 5.2m $38.9m | Added +444.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 5.1m $38.5m | Added +4.1m |
| Alpine Global Management, LLC 7.83% of their portfolio | 4.7m $35.2m | Added +2.4m |
| United Airlines Holdings, Inc. 13.47% of their portfolio | 3.2m $23.8m | First filing |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 3.1m $23.6m | Added +2.7m |
| Burkehill Global Management, LP 1.55% of their portfolio | 3.1m $23.5m | Added +1.1m |
| SEVEN GRAND MANAGERS, LLC 1.72% of their portfolio | 3.0m $22.6m | New |
| Marex Group Ltd 0.23% of their portfolio | 2.8m $21.2m | Reduced -788.7k |
| Hudson Bay Capital Management LP 0.11% of their portfolio | 2.6m $19.9m | Added +700.0k |
| CAPITAL FUND MANAGEMENT S.A. 0.18% of their portfolio | 2.6m $19.3m | Added +2.5m |
| UBS Group AG 0.00% of their portfolio | 2.3m $17.4m | Added +619.0k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 2.2m $16.6m | Added +489.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 2.1m $16.1m | Added +177.4k |
| Clear Street Group Inc. 0.08% of their portfolio | 2.1m $15.9m | Added +1.0m |
| SG Americas Securities, LLC 0.02% of their portfolio | 2.0m $14.8m | Added +1.9m |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 1.9m $13.9m | Added +110.9k |
| Invesco Ltd. 0.00% of their portfolio | 1.8m $13.3m | Reduced -2.4m |
| Nuveen, LLC 0.00% of their portfolio | 1.8m $13.2m | Added +106.6k |
| Granahan Investment Management, LLC 0.55% of their portfolio | 1.7m $12.9m | Reduced -1.2m |
| IQ EQ FUND MANAGEMENT (IRELAND) Ltd 0.87% of their portfolio | 1.7m $12.7m | Added +261.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.6m $12.1m | Added +316.0k |
| Trexquant Investment LP 0.10% of their portfolio | 1.5m $11.1m | Added +909.2k |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 1.3m $9.6m | New |
| HBK INVESTMENTS L P 0.10% of their portfolio | 1.2m $9.4m | Added +250.0k |
| Swiss National Bank 0.01% of their portfolio | 1.2m $9.2m | Added +172.3k |
| Alta Fundamental Advisers LLC 4.12% of their portfolio | 1.2m $8.8m | Reduced -170.5k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 1.1m $8.5m | Added +221.5k |
| Covalis Capital LLP 0.66% of their portfolio | 1.1m $8.5m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 1.1m $8.5m | Reduced -1.6m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 1.1m $8.4m | Added +162.4k |
| INFINITUM ASSET MANAGEMENT, LLC 1.24% of their portfolio | 1.1m $8.4m | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 1.1m $8.1m | Added +145.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.1m $8.0m | Added +346.1k |
| Generali Powszechne Towarzystwo Emerytalne 1.29% of their portfolio | 1.0m $7.5m | New |
| MASTERS CAPITAL MANAGEMENT LLC 1.04% of their portfolio | 999.6k $7.5m | Reduced -100 |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 933.4k $7.0m | Reduced -369.2k |
| Man Group plc 0.01% of their portfolio | 895.0k $6.7m | Reduced -981.7k |
| Engineers Gate Manager LP 0.08% of their portfolio | 885.2k $6.7m | Added +873.1k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 852.1k $6.4m | Reduced -201.8k |
| LPL Financial LLC 0.00% of their portfolio | 832.1k $6.3m | Added +178.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 778.3k $5.9m | Reduced -18.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 771.0k $5.8m | Reduced -6.1m |
| HRT FINANCIAL LP 0.02% of their portfolio | 769.2k $5.8m | New |
| FMR LLC 0.00% of their portfolio | 760.1k $5.7m | Reduced -2.5m |
| Squarepoint Ops LLC 0.01% of their portfolio | 759.6k $5.7m | Reduced -1.2m |
| Quadrature Capital Ltd 0.06% of their portfolio | 753.6k $5.7m | New |
| GROUP ONE TRADING LLC 0.16% of their portfolio | 738.9k $5.6m | Added +272.7k |
| Cetera Investment Advisers 0.01% of their portfolio | 732.1k $5.5m | Added +137.4k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 707.6k $5.3m | Added +130.4k |
| MIC Capital Management UK LLP 1.19% of their portfolio | 700.0k $5.3m | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 676.0k $5.1m | Reduced -1.2m |
| Allianz Asset Management GmbH 0.01% of their portfolio | 671.6k $5.1m | Added +7.8k |
| Legal & General Group Plc 0.00% of their portfolio | 640.4k $4.8m | Added +32.5k |
| 1248 Management, LLC 2.47% of their portfolio | 614.6k $4.6m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 592.0k $4.5m | Added +81.7k |
| Jump Financial, LLC 0.05% of their portfolio | 566.9k $4.3m | Reduced -1.1m |
| Walleye Trading LLC 0.06% of their portfolio | 533.4k $4.0m | Added +206.4k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 527.9k $4.0m | Added +104.9k |
| Intellectus Partners, LLC 0.74% of their portfolio | 510.7k $3.8m | Reduced -20.3k |
| ExodusPoint Capital Management, LP 0.04% of their portfolio | 507.8k $3.8m | Added +306.6k |
| Ghisallo Capital Management LLC 0.17% of their portfolio | 500.0k $3.8m | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 492.9k $3.7m | Reduced -631.4k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 474.8k $3.6m | Reduced -22.7k |
| Yarbrough Capital, LLC 0.11% of their portfolio | 466.8k $3.5m | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 460.3k $3.5m | Reduced -58.0k |
| SIMPLEX TRADING, LLC 0.09% of their portfolio | 437.6k $3.3m | Reduced -49.3k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 397.6k $3.0m | Reduced -465.2k |
| Walleye Capital LLC 0.02% of their portfolio | 386.5k $2.9m | Added +296.3k |
| Twin Tree Management, LP 0.27% of their portfolio | 355.8k $2.7m | Reduced -349.9k |
| Vestmark Advisory Solutions, Inc. 0.04% of their portfolio | 355.7k $2.7m | Reduced -17.5k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 350.7k $2.6m | Added +25.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.00% of their portfolio | 350.0k $2.6m | Reduced -900.0k |
| Yorkville Advisors Global, LP 1.71% of their portfolio | 340.0k $2.6m | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 325.9k $2.5m | Added +29.8k |
| SORA INVESTORS LLC 0.21% of their portfolio | 323.7k $2.4m | Added +123.7k |
| MATAURO, LLC 0.36% of their portfolio | 320.3k $2.4m | Reduced -40.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 313.0k $2.4m | New |
| Private Advisor Group, LLC 0.01% of their portfolio | 297.1k $2.2m | Added +1.5k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 293.1k $2.2m | Added +37.2k |
| Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio | 292.6k $2.2m | Added +14.8k |
| Collar Capital Management, LLC 1.44% of their portfolio | 286.0k $2.2m | Added +2.7k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 283.4k $2.1m | Added +56.7k |
| INTECH INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 273.6k $2.1m | Unchanged |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 270.7k $2.0m | Added +38.3k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 247.6k $1.9m | Reduced -46.1k |
| Maxi Investments CY Ltd 0.33% of their portfolio | 242.0k $1.8m | New |
| Creative Planning 0.00% of their portfolio | 228.8k $1.7m | Added +63.4k |