Is there an alternative to computershared.net that keeps track of all the shares owned by insiders, institutions, etfs, retail etc? I thought Computershared did a fantastic job of keeping up to date numbers, but since it went down I haven’t been able to find a good alternative.
The reason I ask is because it disappeared rather quietly, and considering how important share counts are, I thought it critically important to follow.
The latest info I have is from May 29th, 2023
- 15% institutions
- 12% mutual funds
- 10% etfs
- 13% insiders
- 5% insider stagnant
- 17.1% pure drs
- 10.9% directstock
- .1% operational efficiency
This gives a grand total of 81.6% of shares owned.
I find it curious that the website went down when ownership was hitting these levels. VW’s short squeeze was 62.6% ownership of total shares by Porsche and Lower Saxony, and 32% were “owned” through options by Porsche. Northern Pacific Railway had 94% of its total shares owned by James Hill and JP Morgan.
If there are 18.4% shares remaining, that equates to 56,074,000 shares. At a current price of $16.36, someone would need roughly 16.36*56,074,000 = $974,370,640 dollars to buy the remaining float. Who, or which company has that?
I do not mind - you can always ping me if you need something!
That’s not why the Computershared.net website was taken down, by the way. I am somewhat friendly with u/JonPro03 who was maintaining the site has been going through some IRL stuff and it’s simply not his priority atm. He does support the efforts of the DRS team which is why the site now redirects towards a DRSGME.org page detailing the findings when investors went to Grapevine to see the 2023 stock list.
The truth is that, as far as I am aware, we do not know exactly why the language in the filings changed.
Depending on how much you pried, I would imagine “personal stuff” could have been that the lawyers said “nah man” and it would be a really dumb idea for JonPro to elaborate any further.
Changing the DRS count to “Not Cede” was most likely what got them in trouble with the 34T entity that is Cede & Co (with a whopping 4 paragraphs on Wikipedia). It didn’t really become a problem until it blew up on SuperStonk that the wording changed.
deleted by creator