Vault-13

WM TECHNOLOGY INC MAPS

COM · Common Stock · CUSIP 92971A109

Online legal marijuana community that allows users to review and discuss cannabis strains and local dispensaries

12 institutional holders -103 vs Q1 2026
2,867,8192.9m shares reported held*
$1.1mreported value*
0 new 3 added 4 reduced 101 sold out net sold ≈ $14.4m (-36.6m 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 ≈ $0.39. Options: 1 managers hold calls ($18.7k notional), 0 hold puts (—).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 104Q4 22: 95Q1 23: 90Q2 23: 77Q3 23: 68Q4 23: 74Q1 24: 66Q2 24: 84Q3 24: 87Q4 24: 96Q1 25: 105Q2 25: 97Q3 25: 110Q4 25: 113Q1 26: 115Q2 26: 1212Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022104
Q4 202295
Q1 202390
Q2 202377
Q3 202368
Q4 202374
Q1 202466
Q2 202484
Q3 202487
Q4 202496
Q1 2025105
Q2 202597
Q3 2025110
Q4 2025113
Q1 2026115
Q2 202612

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 24: 41 bought or addedQ3 24: 31 cut or sold outQ4 24: 57 bought or addedQ4 24: 31 cut or sold outQ4 24Q1 25: 54 bought or addedQ1 25: 38 cut or sold outQ2 25: 38 bought or addedQ2 25: 51 cut or sold outQ2 25Q3 25: 64 bought or addedQ3 25: 35 cut or sold outQ4 25: 48 bought or addedQ4 25: 58 cut or sold outQ4 25Q1 26: 48 bought or addedQ1 26: 53 cut or sold outQ2 26: 3 bought or addedQ2 26: 105 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20244131
Q4 20245731
Q1 20255438
Q2 20253851
Q3 20256435
Q4 20254858
Q1 20264853
Q2 20263105

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ3 25 calls: $335.9kQ3 25 puts: $57.0kQ3 25P/C 0.17Q4 25 calls: $364.9kQ4 25 puts: $437.7kQ4 25P/C 1.20Q1 26 calls: $435.7kQ1 26 puts: $95.2kQ1 26P/C 0.22Q2 26 calls: $18.7kQ2 26 puts: $0Q2 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2025$335.9k$57.0k0.17
Q4 2025$364.9k$437.7k1.20
Q1 2026$435.7k$95.2k0.22
Q2 2026$18.7k$00.00

Biggest buyers

Shay Capital LLC Added +77,012+77.0k
State of Alaska, Department of Revenue Added +25,000+25.0k
Corient Private Wealth LP Added +18,377+18.4k

Biggest sellers

BlackRock, Inc. Sold out -5,457,092-5.5m
MORGAN STANLEY Sold out -5,041,813-5.0m
VANGUARD CAPITAL MANAGEMENT LLC Sold out -4,231,483-4.2m
Senvest Management, LLC Sold out -3,196,829-3.2m
SEGALL BRYANT & HAMILL, LLC Sold out -2,257,364-2.3m
RENAISSANCE TECHNOLOGIES LLC Sold out -1,927,014-1.9m
STATE STREET CORP Sold out -1,682,191-1.7m
Requisite Capital Management, LLC Sold out -1,147,386-1.1m
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Sold out -1,051,266-1.1m
AQR CAPITAL MANAGEMENT LLC Sold out -968,457-968.5k

Biggest calls

SIMPLEX TRADING, LLC Reduced $18.7k47.5k shares

Biggest puts

None

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
Hartfield Justin 13D · may seek influence -0.4 pts · filed 2025-06-23
Stated purposeItem 4 of the Original Schedule 13D is hereby amended and supplemented by the addition of the following: On June 23, 2025, Mr. Francis and Mr. Hartfield delivered a letter (the "Letter of Withdrawal") to the Special Committee of the Board, pursuant to which, effective immediately, the Reporting Persons withdrew their non-binding Proposal previously delivered to the Board on December 17, 2024. The foregoing description of the Letter of Withdrawal is qualified in its entirety by reference to the Letter of Withdrawal, a copy of which is attached hereto as Exhibit 99.8, and is incorporated into this Item 4 by reference. The Reporting Persons may continue to, consider and evaluate one or more plans, proposals or potential transactions which may result in one or more of the actions specified … Full filing
20.1% -0.4 pts 31.9m≈ $12.5m 2025-06-23
Senvest Management, LLC 13G · passive investor new · filed 2026-07-09 5.6% new 6.2m≈ $2.4m 2026-07-09

Fell to 5% or below in the last year: MORGAN STANLEY (0.0%, 2026-05-07), BlackRock, Inc. (4.9%, 2026-04-27), VANGUARD GROUP INC (0.0%, 2026-03-27)

Insider purchases and sales since 1 Apr 2026

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)

BuyingSelling
10010Q4 24: 0 buyingQ4 24: 1 sellingQ1 25: 0 buyingQ1 25: 3 sellingQ1 25Q2 25: 0 buyingQ2 25: 7 sellingQ3 25: 0 buyingQ3 25: 2 sellingQ3 25Q4 25: 0 buyingQ4 25: 2 sellingQ1 26: 0 buyingQ1 26: 3 sellingQ1 26Q2 26: 0 buyingQ2 26: 0 sellingQ3 26: 0 buyingQ3 26: 1 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—1$28.4k—
Q1 20250—3$180.9k$10.3k
Q2 20250—7$812.6k$232.5k
Q3 20250—2$288.0k—
Q4 20250—2$208.2k—
Q1 20260—3$323.2k—
Q2 20260—0——
Q3 20260—1$23.1k$23.1k
DateInsiderTradeSharesPrice ValueTheir holding
2026-07-17 Freeman Brenda Director Sold plan 62,501 $0.37 $23.1k62.5k shares -10%

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, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Tidal Investments LLC 0.00% of their portfolio Milwaukee, WI 1,464,0191.5m $574.6k $574.6k 0.00% Reduced -232.2k -232,173
2 Shay Capital LLC 0.02% of their portfolio NEW YORK, NY 410,041410.0k $160.9k $160.9k 0.02% Added +77.0k +77,012
3 Baader Bank Aktiengesellschaft 0.01% of their portfolio Unterschleissheim, 2M 350,000350.0k $137.4k $137.4k 0.01% Unchanged
4 LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 286,723286.7k $112.5k $112.5k 0.00% Reduced -567.7k -567,678
5 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 195,000195.0k $76.5k $76.5k 0.00% Added +18.4k +18,377
6 FNY Investment Advisers, LLC 0.01% of their portfolio NEW YORK, NY 75,00075.0k $29.0k $29.0k 0.01% Unchanged
7 State of Alaska, Department of Revenue 0.00% of their portfolio JUNEAU, AK 50,28250.3k $19.0k $19.0k 0.00% Added +25.0k +25,000
8 Forum Finance Group S.A. 0.00% of their portfolio GENEVA, V8 25,00025.0k $8.0k $8.0k 0.00% Unchanged
9 CreativeOne Wealth, LLC 0.00% of their portfolio OVERLAND PARK, KS 10,00010.0k $3.9k $3.9k 0.00% Unchanged
10 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1,2731.3k $500 $500 0.00% Reduced -51 -51
11 Advisors Asset Management, Inc. 0.00% of their portfolio Monument, CO 381381 $150 $150 0.00% Reduced -8.8k -8,782
12 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 100100 $39 $39 0.00% Unchanged