AQST · Aquestive Therapeutics, Inc.

$5.16 -0.23 (-4.27%) At close · Aug 27

Market Cap

$676.51M

125.51M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Quarter:

Holders: 186

Total Value: $306,940,136

Total Shares: 73,783,709

Showing 1–100 of 193 holdings by value · page 1 of 2

Institutional Ownership Trend

26 quarters

Holder Concentration

Across 186 13F filers · Δ vs Mar 31, 2026

Top Holder

13.3%

−0.0 pts

Top 5

44.7%

+1.1 pts

Top 10

59.9%

−1.0 pts

HHI

543

Broadly held+3

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

Holder count: +6

Institutional value: +0.3%

Shares held: +0.1%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Mega Nuveen, LLC	+961,760	1,215,225
Small Propel Bio Management, LLC	+731,409	1,442,397
Mega BlackRock, Inc.	+560,302	8,069,373
Large WASATCH ADVISORS LP	+507,527	1,385,843
Mega STATE STREET CORP	+381,829	2,928,020

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Large Balyasny Asset Management L.P.	−2,156,034	744,536
Mega MORGAN STANLEY	−933,175	658,617
Mega BANK OF AMERICA CORP /DE/	−736,627	1,668,423
Mega JANE STREET GROUP, LLC	−633,260	482,290
Small Sio Capital Management, LLC	−436,712	1,486,175

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Large RENAISSANCE TECHNOLOGIES LLC	416,248	$1,731,591
Large Man Group plc	351,700	$1,463,072
Large HRT FINANCIAL LP	344,811	$1,434,413
Large Lido Advisors, LLC	215,316	$895,714
Small DIADEMA PARTNERS LP	214,600	$892,736

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Small Diametric Capital, LP	335,443	$1,392,088
Large Point72 Asset Management, L.P.	283,734	$1,177,496
Mid PRELUDE CAPITAL MANAGEMENT, LLC	51,054	$211,874
Small TRUST POINT INC.	31,048	$128,849
Mid Y-Intercept (Hong Kong) Ltd	26,992	$112,016

Filter: New 26 Increased 69 Reduced 43 Sold out 20 Unchanged 48

Showing 100 of 193

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Bratton Capital Management, L.P.

$40,813,585

13.30%

9,810,958

BlackRock, Inc.

$33,568,587

10.94%

8,069,373

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BLACKROCK FINANCIAL MANAGEMENT INC/DE	43,018	$178,954	0.5%	Sole
BlackRock Asset Management Canada Ltd	925	$3,848	0.0%	Sole
BlackRock Investment Management, LLC	327,427	$1,362,096	4.1%	Sole
BLACKROCK ADVISORS LLC	241,711	$1,005,517	3.0%	Sole
BlackRock Fund Advisors	4,407,786	$18,336,389	54.6%	Sole
BlackRock Institutional Trust Company, N.A.	2,878,928	$11,976,340	35.7%	Sole
BlackRock Asset Management Ireland Ltd	92,852	$386,264	1.2%	Sole
Aperio Group, LLC	76,433	$317,961	0.9%	Sole
SpiderRock Advisors, LLC	293	$1,218	0.0%	Sole

RTW INVESTMENTS, LP

$30,894,119

10.07%

7,426,471

VANGUARD CAPITAL MANAGEMENT LLC

$19,071,657

6.21%

4,584,533

FEDERATED HERMES, INC.

$12,948,253

4.22%

3,112,561

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
FEDERATED EQUITY MANAGEMENT CO OF PENNSYLVANIA	171,653	$714,076	5.5%	Defined
FEDERATED MDTA LLC	2,940,908	$12,234,177	94.5%	Defined

STATE STREET CORP

$12,180,563

3.97%

2,928,020

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STATE STREET GLOBAL ADVISORS EUROPE LIMITED joint	2,928,020	$12,180,563	100.0%	Defined

GEODE CAPITAL MANAGEMENT, LLC

$10,911,213

3.55%

2,622,888

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GEODE CAPITAL MANAGEMENT TRUST COMPANY, LLC	362,571	$1,508,295	13.8%	Defined
Held directly	2,260,317	$9,402,918	86.2%	Defined

SAMSARA BIOCAPITAL, LLC

$10,400,000

3.39%

2,500,000

BANK OF AMERICA CORP /DE/

$6,940,638

2.26%

1,668,423

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BANK OF AMERICA NA	1,630,112	$6,781,265	97.7%	Defined
BOFA SECURITIES, INC.	38,311	$159,373	2.3%	Defined

Sio Capital Management, LLC

$6,182,488

2.01%

1,486,175

Propel Bio Management, LLC

$6,000,371

1.95%

1,442,397

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Simplify Asset Management Inc.	1,442,397	$6,000,371	100.0%	Defined

WASATCH ADVISORS LP

$5,765,106

1.88%

1,385,843

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Manager 1	1,385,843	$5,765,106	100.0%	Sole

TWO SIGMA INVESTMENTS, LP

$5,329,904

1.74%

1,281,227

Nuveen, LLC

$5,055,335

1.65%

1,215,225

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Nuveen Asset Management, LLC joint	27,266	$113,426	2.2%	Defined
TIAA CREF INVESTMENT MANAGEMENT LLC joint	191,890	$798,262	15.8%	Defined
TEACHERS ADVISORS, LLC joint	996,069	$4,143,647	82.0%	Defined

Janney Montgomery Scott LLC

$4,601,625

1.50%

1,106,160

WELLS FARGO & COMPANY/MN

$4,530,393

1.48%

1,089,037

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO BANK N A	1,070,687	$4,454,057	98.3%	Defined
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	15,750	$65,520	1.4%	Defined
WELLS FARGO CLEARING SERVICES, LLC	2,600	$10,816	0.2%	Defined

COMMONWEALTH EQUITY SERVICES, LLC

$4,352,088

1.42%

1,046,175

BARCLAYS PLC

$4,146,126

1.35%

996,665

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BARCLAYS BANK PLC	992,433	$4,128,521	99.6%	Defined
BARCLAYS CAPITAL INC.	4,232	$17,605	0.4%	Defined

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$3,951,168

1.29%

949,800

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	949,800	$3,951,168	100.0%	Other

Blue Owl Capital Holdings LP

$3,922,597

1.28%

942,932

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Blue Owl Healthcare Opportunities Advisors LLC	942,932	$3,922,597	100.0%	Defined

NORTHERN TRUST CORP

$3,457,586

1.13%

831,151

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NORTHERN TRUST CO joint	814,184	$3,387,004	98.0%	Defined
DWS INVESTMENT MANAGEMENT AMERICAS, INC joint	16,967	$70,582	2.0%	Other

BNP PARIBAS ARBITRAGE, SA

$3,305,902

1.08%

794,688

Balyasny Asset Management L.P.

$3,097,269

1.01%

744,536

VANGUARD PORTFOLIO MANAGEMENT LLC

$3,054,459

1.00%

734,245

MORGAN STANLEY

$2,739,842

0.89%

658,617

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY & CO INTERNATIONAL PLC	3,249	$13,515	0.5%	Defined
MORGAN STANLEY & CO. LLC	31,173	$129,679	4.7%	Defined
MORGAN STANLEY CAPITAL SERVICES, LLC	150,530	$626,204	22.9%	Defined
MORGAN STANLEY SMITH BARNEY LLC	459,566	$1,911,794	69.8%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	14,099	$58,650	2.1%	Defined

VANGUARD FIDUCIARY TRUST CO

$2,709,037

0.88%

651,211

DAFNA Capital Management LLC

$2,687,006

0.88%

645,915

Everstar Asset Management, LLC

$2,545,682

0.83%

611,943

AWM Investment Company, Inc.

$1,977,664

0.64%

475,400

GOLDMAN SACHS GROUP INC

$1,949,246

0.64%

468,569

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	381,031	$1,585,088	81.3%	Defined
GOLDMAN SACHS ASSET MANAGEMENT, L.P.	87,538	$364,158	18.7%	Defined

Bracebridge Capital, LLC

$1,910,338

0.62%

459,216

UBS Group AG

$1,907,000

0.62%

458,414

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Financial Services Inc	82,915	$344,926	18.1%	Defined
UBS AG	327,880	$1,363,980	71.5%	Defined
UBS Switzerland AG	15,064	$62,666	3.3%	Defined
UBS Securities LLC	32,555	$135,428	7.1%	Defined

CITADEL ADVISORS LLC

$1,881,138

0.61%

452,197

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	326,310	$1,357,449	72.2%	Defined
Held directly	125,887	$523,689	27.8%	Defined

JANE STREET GROUP, LLC

$1,819,958

0.59%

437,490

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	437,490	$1,819,958	100.0%	Defined

RENAISSANCE TECHNOLOGIES LLC

$1,731,591

0.56%

416,248

STIFEL FINANCIAL CORP

$1,505,516

0.49%

361,903

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STIFEL NICOLAUS & CO INC \MO\	361,802	$1,505,096	100.0%	Defined
Held directly	101	$420	0.0%	Defined

Man Group plc

$1,463,072

0.48%

351,700

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Numeric Investors LLC	351,700	$1,463,072	100.0%	Defined

HRT FINANCIAL LP

$1,434,413

0.47%

344,811

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$1,286,272

0.42%

309,200

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	309,200	$1,286,272	100.0%	Other

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

$1,274,599

0.42%

306,394

WELLINGTON MANAGEMENT GROUP LLP

$1,254,850

0.41%

301,647

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Wellington Management Company LLP	99,473	$413,807	33.0%	Defined
Wellington Trust Company, NA joint	188,808	$785,441	62.6%	Defined
Wellington Management Australia Pty Ltd	13,366	$55,602	4.4%	Defined

MARSHALL WACE, LLP

$1,188,340

0.39%

285,659

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Marshall Wace North America L.P. joint	285,659	$1,188,340	100.0%	Other

Walleye Capital LLC

$1,175,482

0.38%

282,568

Simplify Asset Management Inc.

$1,159,487

0.38%

278,723

Bank of New York Mellon Corp

$1,146,262

0.37%

275,544

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Mellon Investments Corporation	101,568	$422,522	36.9%	Defined
The Bank of New York Mellon	173,975	$723,736	63.1%	Defined
Held directly	1	$4	0.0%	Defined

Russell Investments Group, Ltd.

$1,083,599

0.35%

260,481

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Russell Investment Management, LLC	143,942	$598,798	55.3%	Defined
Russell Investments Capital, LLC	44,249	$184,075	17.0%	Defined
Russell Investments France SAS	28,101	$116,900	10.8%	Defined
Russell Investments Trust Company	44,189	$183,826	17.0%	Defined

Rosalind Advisors, Inc.

$1,040,000

0.34%

250,000

Latash Investments, LLC

$1,011,437

0.33%

243,134

Hudson Bay Capital Management LP

$973,440

0.32%

234,000

Lido Advisors, LLC

$895,714

0.29%

215,316

DIADEMA PARTNERS LP

$892,736

0.29%

214,600

STATE OF WISCONSIN INVESTMENT BOARD

$874,802

0.29%

210,289

AQR CAPITAL MANAGEMENT LLC

$840,071

0.27%

201,941

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Compound Planning, Inc.	31	$128	0.0%	Other
Arax Advisory Partners	2,118	$8,810	1.0%	Other
HALBERT HARGROVE GLOBAL ADVISORS, LLC	155	$644	0.1%	Other
Held directly	199,637	$830,489	98.9%	Defined

CITADEL ADVISORS LLC

$803,712

0.26%

193,200

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	193,200	$803,712	100.0%	Defined

Aquatic Capital Management LLC

$724,380

0.24%

174,130

RHUMBLINE ADVISERS

$620,031

0.20%

149,046

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$534,580

0.17%

128,505

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	113,828	$473,524	88.6%	Other
G1 EXECUTION SERVICES, LLC	14,677	$61,056	11.4%	Other

Creative Planning

$531,755

0.17%

127,826

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
CREATIVE PLANNING TRUST Co LLC	1,433	$5,961	1.1%	Defined
Held directly	126,393	$525,794	98.9%	Sole

PNC FINANCIAL SERVICES GROUP, INC.

$522,233

0.17%

125,537

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
PNC Bank, National Association	125,537	$522,233	100.0%	Defined

Pavaki Capital Management LLC

$520,000

0.17%

125,000

JPMORGAN CHASE & CO

$517,939

0.17%

124,505

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
JPMorgan Chase Bank, N.A.	44,766	$186,226	36.0%	Defined
J.P. Morgan Investment Management Inc.	4,094	$17,031	3.3%	Defined
J.P. Morgan Securities LLC	65,398	$272,055	52.5%	Defined
J.P. Morgan Securities plc	10,234	$42,573	8.2%	Defined
55I, LLC	13	$54	0.0%	Defined

GSA CAPITAL PARTNERS LLP

$483,641

0.16%

116,260

Bleakley Financial Group, LLC

$467,226

0.15%

112,314

HighTower Advisors, LLC

$441,688

0.14%

106,175

DEUTSCHE BANK AG\

$441,076

0.14%

106,028

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
DWS INVESTMENT MANAGEMENT AMERICAS, INC	703	$2,924	0.7%	Defined
DWS Investments UK Ltd	105,325	$438,152	99.3%	Defined

Financial Engines Advisors L.L.C.

$423,458

0.14%

101,793

ALLIANCEBERNSTEIN L.P.

$397,862

0.13%

95,640

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Equitable Holdings, Inc.	95,640	$397,862	100.0%	Defined

CITIGROUP INC

$390,960

0.13%

93,981

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citigroup Financial Products Inc. joint	93,981	$390,960	100.0%	Defined

PRICE T ROWE ASSOCIATES INC /MD/

$373,767

0.12%

89,848

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
T. Rowe Price International Ltd	89,848	$373,767	100.0%	Defined

Invesco Ltd.

$371,145

0.12%

89,218

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Invesco Advisers, Inc. joint	14,040	$58,406	15.7%	Defined
Invesco Trust Co joint	42,641	$177,386	47.8%	Defined
Invesco Capital Management LLC	32,537	$135,353	36.5%	Defined

LPL Financial LLC

$347,206

0.11%

83,463

Sugar Maple Asset Management, LLC

$345,529

0.11%

83,060

Squarepoint Ops LLC

$292,955

0.10%

70,422

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Squarepoint Capital LLP	70,422	$292,955	100.0%	Defined

CORSAIR CAPITAL MANAGEMENT, L.P.

$291,200

0.09%

70,000

Virtu Financial LLC

$289,436

0.09%

69,576

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Virtu Americas LLC	69,576	$289,436	100.0%	Defined

CITADEL ADVISORS LLC

$272,480

0.09%

65,500

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	65,500	$272,480	100.0%	Defined

MetLife Investment Management, LLC

$264,376

0.09%

63,552

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
METLIFE INC	63,552	$264,376	100.0%	Defined

Beacon Pointe Advisors, LLC

$251,680

0.08%

60,500

OPPENHEIMER & CO INC

$212,376

0.07%

51,052

WINTON GROUP Ltd

$209,664

0.07%

50,400

RAYMOND JAMES FINANCIAL INC

$207,950

0.07%

49,988

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RAYMOND JAMES & ASSOCIATES	25,738	$107,070	51.5%	Defined
Raymond James Financial Services Advisors, Inc.	24,250	$100,880	48.5%	Defined

Engineers Gate Manager LP

$207,496

0.07%

49,879

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

$206,864

0.07%

49,727

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Global X Management CO LLC joint	49,727	$206,864	100.0%	Defined

OSAIC HOLDINGS, INC.

$202,566

0.07%

48,694

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	47,630	$198,140	97.8%	Defined
Osaic Advisory Services, LLC	1,064	$4,426	2.2%	Defined

Penbrook Management LLC

$180,128

0.06%

43,300

HBK Sorce Advisory LLC

$176,995

0.06%

42,547

Voleon Capital Management LP

$172,893

0.06%

41,561

INTECH INVESTMENT MANAGEMENT LLC

$165,855

0.05%

39,869

Vanguard Global Advisers, LLC

$160,110

0.05%

38,488

DAYMARK WEALTH PARTNERS, LLC

$159,236

0.05%

38,278

VERUS CAPITAL PARTNERS, LLC

$158,496

0.05%

38,100

D. E. Shaw & Co., Inc.

$156,582

0.05%

37,640

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
D. E. SHAW & CO, L.P.	37,640	$156,582	100.0%	Defined

LETKO, BROSSEAU & ASSOCIATES INC

$146,952

0.05%

35,325

SUMMIT WEALTH & RETIREMENT PLANNING, INC.

$145,600

0.05%

35,000

Quantinno Capital Management LP

$143,923

0.05%

34,597

PROFUND ADVISORS LLC

$136,194

0.04%

32,739

TRANSCEND CAPITAL ADVISORS, LLC

$131,085

0.04%

31,511

MANUFACTURERS LIFE INSURANCE COMPANY, THE

$121,763

0.04%

29,270

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MANULIFE FINANCIAL CORP joint	29,270	$121,763	100.0%	Defined

Cambridge Investment Research Advisors, Inc.

$117,798

0.04%

28,317

AXQ CAPITAL, LP

$116,896

0.04%

28,100

Key facts CIK 1398733 CUSIP 03843E104 13F (30d) 161 filings 159 filers Visit website Investor relations