Acadian Asset Management (AAMI)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	71.30 mm	71.30 mm	71.30 mm	71.30 mm	71.30 mm	71.30 mm
Cash burn (monthly)	700.00 k	5.98 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	2.82 mm	24.07 mm	n/a	n/a	n/a	n/a
Cash remaining	68.48 mm	47.23 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	97.8	7.9	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

AAMI institutional ownership history Ownership history

99.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	171	165	+3.6%
Opened positions	27	31	-12.9%
Closed positions	21	26	-19.2%
Increased positions	40	48	-16.7%
Reduced positions	75	56	+33.9%

13F shares	Current	Prev Q	Change
Total value	925.04 bn	819.98 bn	+12.8%
Total shares	37.15 mm	38.06 mm	-2.4%
Total puts	1.90 k	3.00 k	-36.7%
Total calls	35.60 k	29.70 k	+19.9%
Total put/call ratio	0.1	0.1	-47.2%

Largest owners	Shares	Value	Change
Paulson & Co.	8.95 mm	$227.33 bn	0.0%
BlackRock	5.09 mm	$129.21 bn	NEW
Vanguard	2.25 mm	$57.19 bn	-7.5%
Azora Capital	2.03 mm	$51.52 bn	+10.7%
Empyrean Capital Partners	1.88 mm	$47.77 bn	0.0%
STT State Street	1.31 mm	$33.37 bn	-1.4%
William Blair Investment Management	1.16 mm	$29.57 bn	-3.0%
Dimensional Fund Advisors	1.11 mm	$28.29 bn	-1.2%
Impax Asset Management	1.10 mm	$27.91 bn	+4.8%
North Reef Capital Management	1.08 mm	$27.41 bn	-3.0%

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	0.00	-5.15 mm	EXIT
BlackRock	5.09 mm	+5.09 mm	NEW
Eagle Asset Management	0.00	-251.01 k	EXIT
ExodusPoint Capital Management	251.57 k	+198.78 k	+376.6%
Azora Capital	2.03 mm	+195.73 k	+10.7%
Jennison Associates	968.94 k	+195.42 k	+25.3%
Vanguard	2.25 mm	-181.77 k	-7.5%
Denali Advisors	0.00	-160.00 k	EXIT
Arrowstreet Capital, Limited Partnership	549.32 k	+135.15 k	+32.6%
Charles Schwab Investment Management	515.99 k	-127.08 k	-19.8%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

AAMI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
11 Nov 24	Richard Jonathan Hart	Common Stock	Sell	Dispose S	No	No	28.52	70,000	2.00 mm	155,778
11 Nov 24	Richard Jonathan Hart	Common Stock	Payment of exercise	Dispose F	No	No	29.25	246,646	7.21 mm	225,778
11 Nov 24	Richard Jonathan Hart	Common Stock	Option exercise	Acquire M	No	No	10	375,000	3.75 mm	472,424
11 Nov 24	Richard Jonathan Hart	Common Stock	Payment of exercise	Dispose F	No	No	29.25	62,585	1.83 mm	97,424
11 Nov 24	Richard Jonathan Hart	Common Stock	Option exercise	Acquire M	No	No	12	90,000	1.08 mm	160,009
11 Nov 24	Richard Jonathan Hart	Employee Stock Option Common Stock	Option exercise	Dispose M	No	No	10	375,000	3.75 mm	0
11 Nov 24	Richard Jonathan Hart	Employee Stock Option Common Stock	Option exercise	Dispose M	No	No	12	90,000	1.08 mm	0
30 Sep 24	Rana Suren	Common Stock	Payment of exercise	Dispose F	No	No	25.4	509,241	12.93 mm	371,726
30 Sep 24	Rana Suren	Common Stock	Option exercise	Acquire M	No	No	10	750,000	7.50 mm	880,967
30 Sep 24	Rana Suren	Employee Stock Option Common Stock	Option exercise	Dispose M	No	No	10	750,000	7.50 mm	0

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

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