WORKHORSE GROUP INC WKHS
COM NEW · Common Stock · CUSIP 98138J503
American manufacturing company
- SectorConsumer discretionary
- IndustryMotor Vehicles & Passenger Car Bodies
- HeadquartersWixom, MI
- Founded1998
- Websiteworkhorse.com
- FilingsSEC EDGAR
66
institutional holders
-4 vs Q4 2025
212.9k
shares reported held*
2.0%
of all shares outstanding*
$643.0kreported value*
11 new
7 added
13 reduced
14 sold out
net bought ≈ $165.5k (+55.2k 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. Shares outstanding: 10.4m as of 2026-03-24, 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 ≈ $3.02.
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q4 2025 | 70 |
| Q1 2026 | 66 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $0 | $0 | — |
| Q3 2025 | $0 | $0 | — |
| Q4 2025 | $490.2k | $595 | 0.00 |
| Q1 2026 | $0 | $0 | — |
Biggest buyers
| GEODE CAPITAL MANAGEMENT, LLC | Added | +33.8k |
| MILLENNIUM MANAGEMENT LLC | New | +18.8k |
| XTX Topco Ltd | New | +10.7k |
| Cygnus Capital Advisors, LLC | New | +4.0k |
| TD Waterhouse Canada Inc. | Added | +6 |
| Advisory Services Network, LLC | New | +3 |
| FMR LLC | Added | +3 |
| JONES FINANCIAL COMPANIES LLLP | Added | +2 |
| CWM, LLC | Added | +1 |
| BEACON INVESTMENT ADVISORY SERVICES, INC. | New | +1 |
Biggest sellers
| UBS Group AG | Reduced | -7.6k |
| BNP PARIBAS FINANCIAL MARKETS | Sold out | -3.1k |
| GROUP ONE TRADING LLC | Reduced | -646 |
| Tower Research Capital LLC (TRC) | Sold out | -570 |
| Belvedere Trading LLC | Sold out | -117 |
| BANK OF AMERICA CORP /DE/ | Sold out | -31 |
| DANSKE BANK A/S | Sold out | -12 |
| BlackRock, Inc. | Reduced | -8 |
| MORGAN STANLEY | Reduced | -7 |
| Kohmann Bosshard Financial Services, LLC | Sold out | -6 |
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 |
|---|---|
Motive GM Holdings II LLC
13D · may seek influence
+2.6 pts · filed 2026-08-25
Stated purposeItem 4 of the Original Schedule 13D is hereby amended to add the following after the last paragraph: On August 25, 2026, pursuant to Section 2.2 of each of Omnibus Amendment No.2 and the Cash Flow Amendment (each as defined below), the Issuer issued to MGMH II the Warrants, consisting of (i) a warrant to purchase 750,000 shares of Common Stock issued in connection with the additional borrowing of $10,000,000 made pursuant to that certain Omnibus Amendment No. 2, dated as of June 16, 2026, by and among the Issuer, as borrower, MGMH II, as lender, and the other parties thereto ("Omnibus Amendment No. 2"), and (ii) a warrant to purchase 750,000 shares of Common Stock issued in connection with the additional borrowing of $10,000,000 made pursuant to that certain Amendment No. 3 to Credit Agre… Full filing |
65.4% |
| ATW Partners Opportunities Management, LLC 13G · passive investor filed 2026-05-15 | 5.0% |
Insider purchases and sales in Q1 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
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 7 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 12 | $120.1k | — |
| Q1 2026 | 0 | — | 0 | — | — |
None reported in Q1 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 84.4k $254.9k | First filing |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 50.7k $153.2k | Added +33.8k |
| BlackRock, Inc. 0.00% of their portfolio | 32.2k $97.3k | Reduced -8 |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 18.8k $56.8k | New |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 11.6k $35.1k | First filing |
| XTX Topco Ltd 0.00% of their portfolio | 10.7k $32.3k | New |
| Cygnus Capital Advisors, LLC 0.01% of their portfolio | 4.0k $12.0k | New |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 142 $429 | Reduced -646 |
| MORGAN STANLEY 0.00% of their portfolio | 43 $131 | Reduced -7 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 43 $129 | Reduced -5 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 28 $84 | Reduced -2 |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 22 $61 | Added +2 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 18 $53 | Unchanged |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 18 $54 | First filing |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 18 $54 | Reduced -1 |
| UBS Group AG 0.00% of their portfolio | 16 $48 | Reduced -7.6k |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 7 $19 | Added +6 |
| CWM, LLC 0.00% of their portfolio | 6 $18 | Added +1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 5 $15 | Added +1 |
| Blue Trust, Inc. 0.00% of their portfolio | 5 $15 | Unchanged |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 5 $14 | Unchanged |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 5 $15 | Unchanged |
| FMR LLC 0.00% of their portfolio | 4 $11 | Added +3 |
| MAI Capital Management 0.00% of their portfolio | 4 $13 | Unchanged |
| Allworth Financial LP 0.00% of their portfolio | 4 $13 | Unchanged |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 3 $9 | Unchanged |
| Advisory Services Network, LLC 0.00% of their portfolio | 3 $9 | New |
| IFP Advisors, Inc 0.00% of their portfolio | 3 $9 | Unchanged |
| Sound Income Strategies, LLC 0.00% of their portfolio | 3 $8 | Reduced -2 |
| US BANCORP \DE\ 0.00% of their portfolio | 2 $6 | Unchanged |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 2 $6 | Unchanged |
| SIGNATUREFD, LLC 0.00% of their portfolio | 2 $6 | Unchanged |
| TD Capital Management LLC 0.00% of their portfolio | 2 $6 | Unchanged |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 2 $6 | Unchanged |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 2 $6 | Reduced -1 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 2 $6 | Reduced -1 |
| NFSG Corp 0.00% of their portfolio | 2 $6 | Unchanged |
| CoreCap Advisors, LLC 0.00% of their portfolio | 2 $6 | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 1 $3 | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 1 $3 | Unchanged |
| Clearstead Advisors, LLC 0.00% of their portfolio | 1 $4 | Unchanged |
| SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio | 1 $4 | New |
| Wilmington Savings Fund Society, FSB 0.00% of their portfolio | 1 $3 | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1 $0 | New |
| ATWOOD & PALMER INC 0.00% of their portfolio | 1 $4 | Unchanged |
| Indiana Trust & Investment Management Co 0.00% of their portfolio | 1 $3 | Added +1 |
| Parkside Financial Bank & Trust 0.00% of their portfolio | 1 $4 | Unchanged |
| Clean Yield Group 0.00% of their portfolio | 1 $3 | Unchanged |
| JNBA Financial Advisors 0.00% of their portfolio | 1 $4 | Unchanged |
| MCF Advisors LLC 0.00% of their portfolio | 1 $4 | Reduced -1 |
| NewEdge Advisors, LLC 0.00% of their portfolio | 1 $3 | Unchanged |
| QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio | 1 $4 | Unchanged |
| BEACON INVESTMENT ADVISORY SERVICES, INC. 0.00% of their portfolio | 1 $4 | New |
| Parallel Advisors, LLC 0.00% of their portfolio | 1 $3 | Unchanged |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 1 $3 | Reduced -1 |
| Investors Research Corp 0.00% of their portfolio | 1 $3 | Unchanged |
| Vermillion Wealth Management, Inc. 0.00% of their portfolio | 1 $3 | Unchanged |
| MBM WEALTH CONSULTANTS, LLC 0.00% of their portfolio | 1 $3 | New |
| Activest Wealth Management 0.00% of their portfolio | 1 $3 | Unchanged |
| Acumen Wealth Advisors, LLC 0.00% of their portfolio | 1 $4 | New |
| Lodestone Wealth Management LLC 0.00% of their portfolio | 1 $3 | Unchanged |
| Main Street Group, LTD 0.00% of their portfolio | 1 $3 | New |
| Smartleaf Asset Management LLC 0.00% of their portfolio | 1 $3 | Unchanged |
| Legacy Wealth Managment, LLC/ID 0.00% of their portfolio | 1 $4 | New |
| Investors Portfolio Services LLC 0.00% of their portfolio | 1 $4 | Reduced -1 |
| Medallion Wealth Advisors, LLC 0.00% of their portfolio | 1 $3 | Unchanged |