this post was submitted on 25 Aug 2023
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DRS Your GME

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Computershared.net and some thoughts (lemmy.whynotdrs.org)
submitted 1 year ago by Spacefyre@lemmy.whynotdrs.org to c/drs_your_gme@lemmy.whynotdrs.org
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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?

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[–] sw33tn0th1ng@lemmy.whynotdrs.org 4 points 1 year ago

https://gme.crazyawesomecompany.com/ the number is stuck at 60.19%, it seems we are stuck here because they won't publicly report any higher numbers for fear of being sued by DTCC for contradicting any official fake numbers DTCC may have.