Vault-13

DIGIMARC CORP NEW

COM · Common Stock · CUSIP 25381B101

97 institutional holders -6 vs Q2 2024
12,249,86112.2m shares reported held*
$329.3mreported value*
11 new 37 added 27 reduced 18 sold out net sold ≈ $4.0m (-150.5k shares)

* 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. Holder counts are more reliable. Implied quarter-end price ≈ $26.88. Options: 4 managers hold calls ($1.4m notional), 3 hold puts ($580.6k).

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 77Q4 22: 77Q1 23: 74Q2 23: 82Q3 23: 92Q4 23: 91Q1 24: 88Q2 24: 103Q3 24: 9797Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 202277
Q4 202277
Q1 202374
Q2 202382
Q3 202392
Q4 202391
Q1 202488
Q2 2024103
Q3 202497

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 35 bought or addedQ4 22: 33 cut or sold outQ1 23: 32 bought or addedQ1 23: 34 cut or sold outQ1 23Q2 23: 50 bought or addedQ2 23: 20 cut or sold outQ3 23: 49 bought or addedQ3 23: 29 cut or sold outQ3 23Q4 23: 43 bought or addedQ4 23: 36 cut or sold outQ1 24: 46 bought or addedQ1 24: 45 cut or sold outQ1 24Q2 24: 60 bought or addedQ2 24: 34 cut or sold outQ3 24: 48 bought or addedQ3 24: 45 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 20223533
Q1 20233234
Q2 20235020
Q3 20234929
Q4 20234336
Q1 20244645
Q2 20246034
Q3 20244845

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$500k$1m$1.5mQ4 23 calls: $385.8kQ4 23 puts: $516.5kQ4 23P/C 1.34Q1 24 calls: $728.7kQ1 24 puts: $410.0kQ1 24P/C 0.56Q2 24 calls: $198.4kQ2 24 puts: $6.2kQ2 24P/C 0.03Q3 24 calls: $1.4mQ3 24 puts: $580.6kQ3 24P/C 0.43
Numbers
QuarterCallsPutsP/C
Q4 2023$385.8k$516.5k1.34
Q1 2024$728.7k$410.0k0.56
Q2 2024$198.4k$6.2k0.03
Q3 2024$1.4m$580.6k0.43

Biggest buyers

VANGUARD GROUP INC Added +85,007+85.0k
Woodson Capital Management, LP Added +71,126+71.1k
BANK OF AMERICA CORP /DE/ Added +50,889+50.9k
MORGAN STANLEY Added +32,630+32.6k
BEACONLIGHT CAPITAL, LLC Added +26,425+26.4k
Altai Capital Management, L.P. Added +21,533+21.5k
Silverberg Bernstein Capital Management LLC Added +17,880+17.9k
BARCLAYS PLC Added +17,788+17.8k
MILLENNIUM MANAGEMENT LLC New +15,661+15.7k
MARSHALL WACE, LLP Added +14,278+14.3k

Biggest sellers

Lagoda Investment Management, L.P. Reduced -105,925-105.9k
INHERENT GROUP, LP Sold out -100,000-100.0k
GLENVIEW CAPITAL MANAGEMENT, LLC Reduced -92,606-92.6k
G2 Investment Partners Management LLC Sold out -47,898-47.9k
TUDOR INVESTMENT CORP ET AL Sold out -39,155-39.2k
CITADEL ADVISORS LLC Reduced -35,362-35.4k
JANE STREET GROUP, LLC Reduced -23,151-23.2k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Sold out -18,125-18.1k
BAILLIE GIFFORD & CO Reduced -17,889-17.9k
DEERFIELD MANAGEMENT COMPANY, L.P. Sold out -17,769-17.8k

Biggest calls

WOLVERINE TRADING, LLC New $1.1m41.6k shares
CITADEL ADVISORS LLC Added $115.6k4.3k shares
SIMPLEX TRADING, LLC Added $110.0k4.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $317.2k11.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $263.4k9.8k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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.

HolderStakeChangeShares Last filed
Altai Capital Management, L.P. 13D · may seek influence no change · filed 2025-08-04
Stated purposeThe Reporting Persons acquired the Common Stock to which this Schedule 13D relates for investment purposes in the ordinary course of business. The Reporting Persons acquired the Common Stock because they believed that the Common Stock reported herein, when purchased, represented an attractive investment opportunity. At the request of the Issuer, Mr. Bajaj agreed to serve as a member of the Board. In connection therewith, on July 28, 2025, Investment Manager and Mr. Bajaj entered into a cooperation agreement with the Issuer (the "Cooperation Agreement"), pursuant to which the Issuer agreed, among other things, to have Mr. Bajaj join the Board for a term expiring at the 2026 annual meeting of the Company's shareholders (including any adjournments, postponements, reschedulings or continuatio… Full filing
 12.9% no change 2.8m 2025-08-04
TCM Strategic Partners L.P. 13D · may seek influence filed 2025-03-19
Stated purposeItem 4 of the Schedule 13D is hereby amended and supplemented by the following: On March 17, 2025, TCM Partners made an in-kind distribution of an aggregate 1,385,147 shares of Common Stock to certain of its limited partners on a proportionate basis, for no consideration, including 32,081 shares that were distributed to TCM Strategic L.P., an entity wholly owned by Mr. McCormack. Since the filing of Amendment No. 1, on April 12, 2021, Mr. McCormack was appointed as President and Chief Executive Officer of the Issuer. Full filing
 11.4% 2.5m 2025-03-19
Ocho Investments LLC 13D · may seek influence +0.1 pts · filed 2025-04-15
Stated purposeItem 4 of the Schedule 13D is hereby amended by adding the following: On April 14, 2025, the Reporting Persons delivered a presentation to the Issuer's board of directors, which is attached hereto as Exhibit 99.2. The Reporting Persons confirm that they do not intend to, or reserve the right to, engage in a control transaction or any contested solicitation for the election of directors. Full filing
 5.2% +0.1 pts 1.1m 2025-04-15

Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26)

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Altai Capital Management, L.P. 69.06% of their portfolio IRVINE, CA 2,769,3462.8m $74.4m $74.4m 69.06% Added +21.5k +21,533
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,303,2531.3m $35.0m $35.0m 0.00% Added +85.0k +85,007
3 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,195,3431.2m $32.1m $32.1m 0.00% First filing
4 BEACONLIGHT CAPITAL, LLC 8.86% of their portfolio New York, NY 801,084801.1k $21.5m $21.5m 8.86% Added +26.4k +26,425
5 Lagoda Investment Management, L.P. 9.09% of their portfolio NEW YORK, NY 588,525588.5k $15.8m $15.8m 9.09% Reduced -105.9k -105,925
6 Kimelman & Baird, LLC 1.25% of their portfolio New York, NY 581,755581.8k $15.6m $15.6m 1.25% Reduced -6.7k -6,745
7 BAILLIE GIFFORD & CO 0.01% of their portfolio EDINBURGH, X0 580,433580.4k $15.6m $15.6m 0.01% Reduced -17.9k -17,889
8 Silverberg Bernstein Capital Management LLC 11.32% of their portfolio ARMONK, NY 459,933459.9k $12.4m $12.4m 11.32% Added +17.9k +17,880
9 Woodson Capital Management, LP 2.67% of their portfolio Greenwich, CT 455,664455.7k $12.2m $12.2m 2.67% Added +71.1k +71,126
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 378,379378.4k $10.2m $10.2m 0.00% Reduced -14.0k -13,963
11 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 359,714359.7k $9.7m $9.7m 0.06% Added +7.8k +7,806
12 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 354,738354.7k $9.5m $9.5m 0.00% Reduced -2.2k -2,217
13 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 228,077228.1k $6.1m $6.1m 0.00% Reduced -11.9k -11,869
14 GLENVIEW CAPITAL MANAGEMENT, LLC 0.11% of their portfolio NEW YORK, NY 199,249199.2k $5.4m $5.4m 0.11% Reduced -92.6k -92,606
15 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 156,992157.0k $4.2m $4.2m 0.00% Added +5.9k +5,864
16 PRELUDE CAPITAL MANAGEMENT, LLC 0.32% of their portfolio NEW YORK, NY 155,040155.0k $4.2m $4.2m 0.32% Added +3.5k +3,462
17 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 120,646120.6k $3.2m $3.2m 0.00% Added +3.8k +3,801
18 Curi Capital, LLC 0.07% of their portfolio CHICAGO, IL 117,821117.8k $3.2m $3.2m 0.07% Added +843 +843
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 109,498109.5k $2.9m $2.9m 0.00% Added +32.6k +32,630
20 Bryant Woods Investment Advisors, LLC 1.14% of their portfolio GETZVILLE, NY 83,64183.6k $2.2m $2.2m 1.14% Added +13.5k +13,484
21 Knott David M Jr 0.79% of their portfolio SYOSSET, NY 83,55783.6k $2.2m $2.2m 0.79% Unchanged
22 Samjo Management, LLC 0.70% of their portfolio New York, NY 75,40075.4k $2.0m $2.0m 0.70% Added +13.0k +13,000
23 Ledgewood Wealth Advisors, LLC 1.29% of their portfolio EXETER, NH 71,28571.3k $1.9m $1.9m 1.29% Added +1.9k +1,888
24 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 71,06371.1k $1.9m $1.9m 0.00% Added +50.9k +50,889
25 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 66,57266.6k $1.8m $1.8m 0.00% Reduced -35.4k -35,362
26 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 55,20755.2k $1.5m $1.5m 0.00% Added +2.2k +2,161
27 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 54,33854.3k $1.5m $1.5m 0.00% Reduced -3.7k -3,723
28 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 53,65253.7k $1.4m $1.4m 0.00% Added +740 +740
29 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 53,46653.5k $1.4m $1.4m 0.00% Added +14.3k +14,278
30 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 50,94950.9k $1.4m $1.4m 0.00% Reduced -5.0k -5,017
31 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 48,43948.4k $1.3m $1.3m 0.00% Reduced -6.8k -6,790
32 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 46,19746.2k $1.2m $1.2m 0.00% Reduced -3.4k -3,402
33 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 41,67841.7k $1.1m $1.1m 0.00% Added +3.2k +3,216
34 Swiss National Bank 0.00% of their portfolio ZURICH, V8 31,30031.3k $841.3k $841.3k 0.00% Added +1.8k +1,800
35 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 25,17225.2k $676.6k $676.6k 0.00% Added +17.8k +17,788
36 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 24,14324.1k $649.0k $649.0k 0.00% Reduced -3.7k -3,700
37 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 22,11422.1k $594.4k $594.4k 0.00% Reduced -3.4k -3,414
38 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 21,50021.5k $577.9k $577.9k 0.00% Reduced -200 -200
39 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 20,69420.7k $556.2k $556.2k 0.00% Reduced -989 -989
40 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 19,39319.4k $521.3k $521.3k 0.00% Reduced -23.2k -23,151
41 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 18,37418.4k $493.9k $493.9k 0.00% Added +5.4k +5,390
42 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 17,24017.2k $464.0k $464.0k 0.00% Reduced -631 -631
43 Legal & General Group Plc 0.00% of their portfolio London, X0 17,00617.0k $457.1k $457.1k 0.00% Reduced -3.1k -3,144
44 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 16,07716.1k $432.1k $432.1k 0.00% Reduced -8.0k -7,996
45 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 15,66115.7k $421.0k $421.0k 0.00% New
46 Inspire Investing, LLC 0.04% of their portfolio MERIDIAN, ID 15,36815.4k $413.1k $413.1k 0.04% Added +4.1k +4,099
47 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 15,09315.1k $405.7k $405.7k 0.00% Added +485 +485
48 UBS Group AG 0.00% of their portfolio ZURICH, V8 14,41814.4k $387.6k $387.6k 0.00% Added +4.5k +4,458
49 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 14,12014.1k $379.5k $379.5k 0.00% Reduced -910 -910
50 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 13,85713.9k $372.0k $372.0k 0.01% Reduced -3.6k -3,567
51 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 13,39813.4k $360.0k $360.0k 0.00% Added +10.5k +10,468
52 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 11,29011.3k $303.5k $303.5k 0.00% Added +525 +525
53 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 10,97611.0k $295.0k $295.0k 0.00% Added +7.6k +7,642
54 PEAK6 Investments LLC 0.01% of their portfolio CHICAGO, IL 10,87310.9k $292.3k $292.3k 0.01% New
55 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 8,7358.7k $234.8k $234.8k 0.00% Unchanged
56 TITLEIST ASSET MANAGEMENT, LLC 0.03% of their portfolio SAN ANTONIO, TX 8,7008.7k $233.9k $233.9k 0.03% Unchanged
57 SHERBROOKE PARK ADVISERS LLC 0.05% of their portfolio WHITE PLAINS, NY 8,6088.6k $231.4k $231.4k 0.05% New
58 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 8,3078.3k $223.3k $223.3k 0.00% Added +1.8k +1,799
59 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 8,1128.1k $218.1k $218.1k 0.00% Reduced -49 -49
60 Verition Fund Management LLC 0.00% of their portfolio GREENWICH, CT 8,0258.0k $215.7k $215.7k 0.00% New
61 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 7,8007.8k $209.7k $209.7k 0.00% Added +1.7k +1,724
62 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 7,7137.7k $207.0k $207.0k 0.00% Unchanged
63 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 6,1006.1k $164.0k $164.0k 0.00% Unchanged
64 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 6,0516.1k $162.6k $162.6k 0.00% Added +83 +83
65 FMR LLC 0.00% of their portfolio BOSTON, MA 4,9835.0k $133.9k $133.9k 0.00% Added +3.3k +3,331
66 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 4,7854.8k $128.6k $128.6k 0.00% Unchanged
67 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 3,9483.9k $106.0k $106.0k 0.00% New
68 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 3,7723.8k $101.4k $101.4k 0.00% Added +3.7k +3,672
69 Fund 1 Investments, LLC 0.01% of their portfolio RINCON, PR 2,4502.5k $65.9k $65.9k 0.01% New
70 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,1192.1k $56.0k $56.0k 0.00% Added +129 +129
71 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 1,7421.7k $46.8k $46.8k 0.00% Unchanged
72 State of Wyoming 0.01% of their portfolio CHEYENNE, WY 1,7011.7k $45.7k $45.7k 0.01% New
73 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 1,4021.4k $37.7k $37.7k 0.00% Unchanged
74 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1,0001.0k $26.9k $26.9k 0.00% Unchanged
75 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 874874 $23.0k $23.0k 0.00% Unchanged
76 PICTON MAHONEY ASSET MANAGEMENT 0.00% of their portfolio Toronto, A6 754754 $21.0k $21.0k 0.00% Added +382 +382
77 nVerses Capital, LLC 0.01% of their portfolio WELLINGTON, FL 600600 $16.1k $16.1k 0.01% Reduced -1.4k -1,400
78 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 518518 $13.9k $13.9k 0.00% Reduced -1.8k -1,849
79 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 489489 $13.1k $13.1k 0.00% Added +318 +318
80 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 443443 $12.0k $12.0k 0.00% Unchanged
81 SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio WINSTON-SALEM, NC 300300 $8.1k $8.1k 0.00% Unchanged
82 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 262262 $7.0k $7.0k 0.00% Reduced -825 -825
83 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 173173 $4.7k $4.7k 0.00% Unchanged
84 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 127127 $3.4k $3.4k 0.00% Added +16 +16
85 NORTHWEST INVESTMENT COUNSELORS, LLC 0.00% of their portfolio Lake Oswego, OR 7171 $1.9k $1.9k 0.00% New
86 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 4444 $1.2k $1.2k 0.00% Reduced -3 -3
87 QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio CINCINNATI, OH 3838 $1.0k $1.0k 0.00% New
88 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 3232 $860 $860 0.00% Unchanged
89 Sterling Capital Management LLC 0.00% of their portfolio CHARLOTTE, NC 1818 $484 $484 0.00% First filing
90 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 1515 $403 $403 0.00% Unchanged
91 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 1515 $403 $403 0.00% Unchanged
92 Versant Capital Management, Inc 0.00% of their portfolio PHOENIX, AZ 1111 $296 $296 0.00% Unchanged
93 CWM, LLC 0.00% of their portfolio OMAHA, NE 1010 $0 $0 0.00% Unchanged
94 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 88 $216 $216 0.00% New
95 Capital Advisors, Ltd. LLC 0.00% of their portfolio SHAKER HEIGHTS, OH 44 $0 $0 0.00% Unchanged
96 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 11 $27 $27 0.00% New
97 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged