The cluster is too small and passive to indicate a strong thesis. Monitor next quarter's 13F for larger active manager moves or insider buying to confirm any directional shift.
Executive Summary
Four asset managers added positions in Addus HomeCare during Q3 2026, with aggregate buying of $845K, while one ETF provider trimmed $1.4M. The cluster is small in scale relative to the $2.3B market cap and lacks insider corroboration, limiting its signal value.
Key Financial Metrics
Institutional Positions
Net institutional flow: -$555.0K
▲ Buyers (4)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Assenagon Asset Management | ADD | +98.3% | $1.3M | $701.0K |
| Truist Financial | ADD | +31.5% | $426.0K | $131.0K |
▼ Sellers (1)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| Exchange Traded Concepts | TRIM | -67.1% | $2.2M | -$1.4M |
Key Facts
- 4 buyers added $845K in aggregate; 1 seller reduced by $1.4M
- Largest buyer: Assenagon Asset Management nearly doubled its stake (+98.3%, +$701K)
- Largest seller: Exchange Traded Concepts trimmed 67.1% (-$1.4M)
- No open-market insider buying during the period (confluence score 24/100, institutions only)
- All buyers are asset managers; no activist or high-conviction fund types present
Financial Impact
Net institutional activity was a net outflow of ~$555K (buyers added $845K, seller removed $1.4M), representing less than 0.03% of market cap.
Risk Factors
- 13F data is 45+ days stale; positions may have been unwound since quarter-end
- The sole seller (ETF provider) likely reflects index rebalancing, not a fundamental view
- No insider buying corroborates the bullish cluster signal
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-ADUS-2026-Q3 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 30, 2026 2d ago | Institutional Cluster | $125.65 | awaiting T+60 | awaiting T+60 | No price |
Aug 8, 2026 12w ago | Institutional Cluster | $119.34 | awaiting T+60 | awaiting T+60 | No price |
Jun 11, 2026 20w ago | Institutional Cluster | $93.04 $118.76 | ▲ +27.64% | ▲ +23.25% | No price |
May 4, 2026 25w ago | 8-K | $98.44 $116.68 | ▲ +18.53% | ▲ +15.79% | No price |
Feb 25, 2026 35w ago | Insider Cluster | $107.60 $93.76 | ▲ +12.86% | ▲ +19.81% | No price |
Feb 23, 2026 35w ago | Insider Cluster | $117.63 $92.64 | ▼ −21.24% | ▼ −29.50% | No price |
Feb 23, 2026 35w ago | Insider Cluster | $117.63 $92.64 | ▲ +21.24% | ▲ +29.50% | No price |
Feb 23, 2026 35w ago | Insider Cluster | $117.63 $92.64 | ▼ −21.24% | ▼ −29.50% | No price |
US Market Status
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