ARIS MNG CORP ARIS
COM · Common Stock · CUSIP 04040Y109
- SectorMaterials
- IndustryGold and Silver Ores
- 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 ($835.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $9.82. Options: 5 managers hold calls ($4.1m notional), 4 hold puts ($2.9m).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2023 | 42 |
| Q4 2023 | 48 |
| Q1 2024 | 53 |
| Q2 2024 | 70 |
| Q3 2024 | 76 |
| Q4 2024 | 71 |
| Q1 2025 | 86 |
| Q2 2025 | 100 |
| Q3 2025 | 144 |
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 | 20 | 21 |
| Q1 2024 | 29 | 21 |
| Q2 2024 | 43 | 19 |
| Q3 2024 | 41 | 25 |
| Q4 2024 | 30 | 30 |
| Q1 2025 | 42 | 23 |
| Q2 2025 | 57 | 36 |
| Q3 2025 | 99 | 36 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $0 | $0 | — |
| Q1 2025 | $0 | $0 | — |
| Q2 2025 | $10.0k | $0 | 0.00 |
| Q3 2025 | $4.1m | $2.9m | 0.70 |
Biggest buyers
| MMCAP International Inc. SPC | Added | +5.1m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +2.5m |
| Merewether Investment Management, LP | New | +1.9m |
| JPMORGAN CHASE & CO | Added | +1.6m |
| JANE STREET GROUP, LLC | New | +1.5m |
| Woodline Partners LP | New | +1.4m |
| AMERICAN CENTURY COMPANIES INC | Added | +1.2m |
| BANK OF MONTREAL /CAN/ | Added | +1.1m |
| Pictet Asset Management Holding SA | Added | +1.0m |
| TUDOR INVESTMENT CORP ET AL | New | +1.0m |
Biggest sellers
| Mubadala Investment Co PJSC | Sold out | -15.8m |
| VAN ECK ASSOCIATES CORP | Reduced | -5.3m |
| GOLDMAN SACHS GROUP INC | Reduced | -4.2m |
| Ruffer LLP | Reduced | -1.1m |
| Hillsdale Investment Management Inc. | Reduced | -710.6k |
| Invesco Ltd. | Reduced | -638.4k |
| 683 Capital Management, LLC | Reduced | -600.0k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -542.7k |
| Artisan Partners Limited Partnership | Reduced | -329.3k |
| Russell Investments Group, Ltd. | Reduced | -308.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $3.1m317.7k shares |
| CITADEL ADVISORS LLC | New | $546.8k55.8k shares |
| SIMPLEX TRADING, LLC | Added | $172.0k17.6k shares |
| WOLVERINE TRADING, LLC | New | $167.9k17.1k shares |
| GROUP ONE TRADING LLC | New | $120.5k12.3k shares |
Biggest puts
| BW Gestao de Investimentos Ltda. | New | $2.0m200.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $452.8k46.2k shares |
| CITADEL ADVISORS LLC | New | $276.4k28.2k shares |
| GROUP ONE TRADING LLC | New | $197.0k20.1k 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 |
|---|---|
| VAN ECK ASSOCIATES CORP 13G · institution filed 2025-05-12 | 7.3% |
Fell to 5% or below in the last year: MMCAP International Inc. SPC (3.8%, 2026-05-15), BANK OF MONTREAL /CAN/ (3.0%, 2026-02-13)
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.
None reported in Q3 2025.
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| MMCAP International Inc. SPC 18.74% of their portfolio | 16.4m $161.1m | Added +5.1m |
| VAN ECK ASSOCIATES CORP 0.06% of their portfolio | 6.1m $59.8m | Reduced -5.3m |
| MORGAN STANLEY 0.00% of their portfolio | 4.3m $42.4m | Added +821.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio | 4.2m $41.2m | Added +2.5m |
| Ruffer LLP 2.24% of their portfolio | 4.1m $40.3m | Reduced -1.1m |
| Hillsdale Investment Management Inc. 1.20% of their portfolio | 4.1m $39.8m | Reduced -710.6k |
| Connor, Clark & Lunn Investment Management Ltd. 0.12% of their portfolio | 4.0m $38.7m | Added +602.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 3.5m $33.9m | Added +1.6m |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 2.8m $27.2m | Added +1.2m |
| Apis Capital Advisors, LLC 5.44% of their portfolio | 2.5m $24.6m | Added +636.0k |
| Amundi 0.01% of their portfolio | 2.2m $22.7m | Added +291.6k |
| Merewether Investment Management, LP 0.45% of their portfolio | 1.9m $18.7m | New |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 1.8m $17.2m | Added +750.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.6m $15.7m | Reduced -4.2m |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 1.5m $15.1m | New |
| Woodline Partners LP 0.06% of their portfolio | 1.4m $13.4m | New |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 1.2m $12.1m | Added +334.8k |
| Invesco Ltd. 0.00% of their portfolio | 1.2m $12.1m | Reduced -638.4k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 1.2m $11.9m | Added +1.1m |
| Quaker Capital Investments, LLC 2.96% of their portfolio | 1.1m $11.0m | Unchanged |
| Pictet Asset Management Holding SA 0.01% of their portfolio | 1.1m $10.5m | Added +1.0m |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 1.0m $10.1m | Added +70.1k |
| TUDOR INVESTMENT CORP ET AL 0.07% of their portfolio | 1.0m $10.0m | New |
| Thomist Capital Management, LP 3.12% of their portfolio | 1.0m $10.0m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 998.3k $9.8m | Reduced -67.3k |
| Sagil Capital LLP 5.60% of their portfolio | 947.6k $9.3m | New |
| 683 Capital Management, LLC 0.80% of their portfolio | 900.0k $8.8m | Reduced -600.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 874.0k $8.6m | Added +530.7k |
| Walleye Capital LLC 0.06% of their portfolio | 801.4k $7.9m | Added +719.9k |
| Artisan Partners Limited Partnership 0.01% of their portfolio | 778.5k $7.6m | Reduced -329.3k |
| Legal & General Group Plc 0.00% of their portfolio | 734.3k $7.2m | Added +175.9k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 701.4k $6.9m | Reduced -542.7k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio | 600.0k $5.9m | Unchanged |
| Cubist Systematic Strategies, LLC 0.08% of their portfolio | 598.2k $5.9m | Added +539.0k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 586.1k $5.7m | Reduced -71.4k |
| TD Asset Management Inc 0.00% of their portfolio | 562.4k $5.5m | Added +374.9k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio | 548.0k $5.4m | Reduced -18.7k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 529.4k $5.2m | Added +246.5k |
| LM Asset Management Inc. 3.54% of their portfolio | 455.0k $4.5m | Reduced -15.0k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 436.5k $4.3m | Reduced -308.1k |
| UBS Group AG 0.00% of their portfolio | 407.5k $4.0m | Added +223.6k |
| Claret Asset Management Corp 0.45% of their portfolio | 385.4k $3.8m | New |
| PICTON MAHONEY ASSET MANAGEMENT 0.05% of their portfolio | 380.0k $3.7m | New |
| LPL Financial LLC 0.00% of their portfolio | 371.2k $3.6m | Reduced -97.6k |
| Swiss National Bank 0.00% of their portfolio | 313.4k $3.1m | Added +13.8k |
| U S GLOBAL INVESTORS INC 0.33% of their portfolio | 300.0k $2.9m | Added +50.0k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 281.8k $2.8m | Reduced -57.8k |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 259.7k $2.5m | New |
| BARCLAYS PLC 0.00% of their portfolio | 238.4k $2.3m | Reduced -54.3k |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 234.5k $2.3m | Reduced -139.2k |
| HRT FINANCIAL LP 0.01% of their portfolio | 226.3k $2.2m | New |
| Quantbot Technologies LP 0.06% of their portfolio | 216.5k $2.1m | Reduced -14.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 215.3k $2.1m | New |
| Weiss Asset Management LP 0.03% of their portfolio | 211.1k $2.1m | Not comparable |
| EDMOND DE ROTHSCHILD HOLDING S.A. 0.03% of their portfolio | 203.0k $2.0m | Added +64.5k |
| PDT Partners, LLC 0.12% of their portfolio | 193.7k $1.9m | Unchanged |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 185.6k $1.8m | New |
| Y-Intercept (Hong Kong) Ltd 0.04% of their portfolio | 182.0k $1.8m | New |
| Triasima Portfolio Management inc. 0.26% of their portfolio | 177.7k $1.7m | Added +2.8k |
| CIBC Asset Management Inc 0.00% of their portfolio | 168.4k $1.6m | New |
| XTX Topco Ltd 0.08% of their portfolio | 157.4k $1.5m | Added +47.0k |
| VANGUARD GROUP INC 0.00% of their portfolio | 142.1k $1.4m | Added +17.0k |
| Sheets Smith Investment Management 0.88% of their portfolio | 137.9k $1.4m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 123.1k $1.2m | Added +31.9k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 118.6k $1.2m | Added +6.7k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.01% of their portfolio | 117.8k $1.2m | New |
| Northwest & Ethical Investments L.P. 0.03% of their portfolio | 116.8k $1.1m | Reduced -13.6k |
| Nuveen, LLC 0.00% of their portfolio | 114.5k $1.1m | Unchanged |
| CIBC WORLD MARKET INC. 0.00% of their portfolio | 112.2k $1.1m | Added +22.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 111.1k $1.1m | Added +74.6k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 103.6k $1.0m | Added +21.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 96.6k $953.2k | Added +7.5k |
| Verition Fund Management LLC 0.00% of their portfolio | 85.6k $838.5k | Added +25.1k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.06% of their portfolio | 79.9k $783.0k | Reduced -12.5k |
| Cetera Investment Advisers 0.00% of their portfolio | 79.4k $778.9k | Reduced -8.8k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 68.1k $667.0k | Added +3.4k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 61.2k $600.2k | New |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 58.4k $572.4k | New |
| SHEETS SMITH WEALTH MANAGEMENT 0.06% of their portfolio | 57.7k $565.2k | New |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 55.6k $545.6k | Added +1.4k |
| Cardinal Point Capital Management ULC 0.04% of their portfolio | 51.9k $508.5k | Reduced -15.0k |
| LGT Fund Management Co Ltd. 0.04% of their portfolio | 50.0k $507.5k | New |
| Brevan Howard Capital Management LP 0.01% of their portfolio | 48.7k $477.6k | New |
| OMERS ADMINISTRATION Corp 0.00% of their portfolio | 44.5k $436.1k | Added +12.6k |
| SPROTT INC. 0.02% of their portfolio | 44.5k $435.7k | Added +20.9k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 42.8k $419.9k | Unchanged |
| Metis Global Partners, LLC 0.01% of their portfolio | 41.9k $410.3k | Unchanged |
| Aigen Investment Management, LP 0.06% of their portfolio | 41.6k $407.7k | New |
| Point72 Asia (Singapore) Pte. Ltd. 0.06% of their portfolio | 41.4k $406.1k | New |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 41.4k $405.7k | Added +5.0k |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 37.1k $363.0k | Added +35.5k |
| FourThought Financial Partners, LLC 0.03% of their portfolio | 36.3k $355.8k | New |
| Centiva Capital, LP 0.03% of their portfolio | 34.4k $336.6k | New |
| CITIGROUP INC 0.00% of their portfolio | 32.9k $322.5k | Added +2.4k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 32.4k $317.6k | New |
| Diametric Capital, LP 0.12% of their portfolio | 32.2k $315.7k | Reduced -22.4k |
| Synergy Asset Management, LLC 0.01% of their portfolio | 29.7k $290.8k | New |
| Man Group plc 0.00% of their portfolio | 27.2k $266.6k | New |
| Aquatic Capital Management LLC 0.00% of their portfolio | 26.2k $257.1k | First filing |
| Jump Financial, LLC 0.00% of their portfolio | 25.1k $245.7k | New |