AEHR AEHR TEST SYS
COMMON
CUSIP: 00760J108
FIGI: BBG000BWM083
Institutional Holders153
Total Institutional Value$512,866,421
Total Shares Held25,578,138
Avg Position$3,352,068
Top 5 Holders %40.5%
Alpha-Weighted Score63.8
New Positions+26
Exited Positions-28
Top 15 Institutional Holders by Value
■ New ■ Increased ■ Decreased ■ Unchanged
Institutional Holders — Q4 25
| Manager | Alpha | Flow | Value | Shares | Change |
|---|---|---|---|---|---|
| FMR LLC | High Conviction | Market Mover | $50,634,905 (9.9%) | 2,507,920 | -37.8% |
| VANGUARD GROUP INC | High Conviction | Market Mover | $47,192,772 (9.2%) | 2,337,433 | -31.5% |
| BLACKROCK FUNDING, INC. /DE | High Conviction | Market Mover | $42,946,249 (8.4%) | 2,127,105 | -28.8% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Moderate Conviction | Market Mover | $35,664,807 (7.0%) | 1,766,459 | -21.7% |
| AWM INVESTMENT COMPANY, INC. | High Conviction | Low Flow | $31,027,406 (6.0%) | 1,536,771 | -34.2% |
| BAILLIE GIFFORD & CO | High Conviction | Significant Flow | $26,059,921 (5.1%) | 1,290,734 | -43.5% |
| CITADEL ADVISORS LLC | Moderate Conviction | Market Mover | $21,338,387 (4.2%) | 1,056,879 | -33.8% |
| WELLINGTON MANAGEMENT GROUP LLP | High Conviction | Market Mover | $16,771,106 (3.3%) | 830,664 | 54.2% |
| GEODE CAPITAL MANAGEMENT, LLC | High Conviction | Market Mover | $13,846,125 (2.7%) | 685,694 | -32.4% |
| SHAW D E & CO INC | Moderate Conviction | Market Mover | $13,771,417 (2.7%) | 682,091 | -26.2% |
| JANE STREET GROUP, LLC | Moderate Conviction | Market Mover | $13,178,780 (2.6%) | 652,738 | -15.4% |
| HALTER FERGUSON FINANCIAL INC. | Elite Conviction | Minimal Flow | $12,964,587 (2.5%) | 642,129 | -5.0% |
| STATE STREET CORP | High Conviction | Market Mover | $12,600,276 (2.5%) | 624,085 | -30.5% |
| SCULPTOR CAPITAL LP | Moderate Conviction | Moderate Flow | $12,114,000 (2.4%) | 600,000 | -33.0% |
| NEXT CENTURY GROWTH INVESTORS LLC | High Conviction | Low Flow | $11,155,096 (2.2%) | 552,506 | 34.1% |
| GRATIA CAPITAL, LLC | High Conviction | Minimal Flow | $10,853,336 (2.1%) | 537,560 | -33.2% |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | High Conviction | Significant Flow | $10,007,618 (2.0%) | 495,672 | -62.8% |
| RICE JAMES HALL & ASSOCIATES LLC | High Conviction | Low Flow | $9,157,538 (1.8%) | 453,568 | -31.6% |
| TWO SIGMA INVESTMENTS, LP | Moderate Conviction | Significant Flow | $7,752,435 (1.5%) | 383,974 | 144.5% |
| KENNEDY CAPITAL MANAGEMENT, INC. | High Conviction | Low Flow | $7,273,124 (1.4%) | 360,234 | -5.9% |
| GILDER GAGNON HOWE & CO | High Conviction | Moderate Flow | $6,419,370 (1.3%) | 317,948 | -34.2% |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | High Conviction | Moderate Flow | $6,226,334 (1.2%) | 308,387 | -32.8% |
| MORGAN STANLEY | Moderate Conviction | Market Mover | $4,942,169 (1.0%) | 244,783 | 83.9% |
| UBS Group AG | Moderate Conviction | Market Mover | $4,908,774 (1.0%) | 243,129 | 4.4% |
| NORTHERN TRUST CORP | High Conviction | Market Mover | $4,843,016 (0.9%) | 239,872 | -30.3% |
| SCHWAB CHARLES INVESTMENT MANAGEMENT INC | High Conviction | Market Mover | $4,813,478 (0.9%) | 238,409 | -45.5% |
| PIER CAPITAL, LLC | High Conviction | Minimal Flow | $4,272,588 (0.8%) | 211,619 | -61.8% |
| NATIONAL BANK OF CANADA /FI/ | Moderate Conviction | Market Mover | $4,159,362 (0.8%) | 206,011 | -34.3% |
| POINT72 ASSET MANAGEMENT, L.P. | Moderate Conviction | Market Mover | $3,969,354 (0.8%) | 196,600 | NEW |
| TUDOR INVESTMENT CORP ET AL | Moderate Conviction | Significant Flow | $3,664,485 (0.7%) | 181,500 | -31.6% |
| BARD ASSOCIATES INC | High Conviction | Minimal Flow | $3,630,021 (0.7%) | 179,793 | -33.6% |
| GOLDMAN SACHS GROUP INC | High Conviction | Market Mover | $3,554,288 (0.7%) | 176,042 | 2.1% |
| PENBROOK MANAGEMENT LLC | High Conviction | Minimal Flow | $2,319,831 (0.5%) | 114,900 | -33.7% |
| DIMENSIONAL FUND ADVISORS LP | High Conviction | Market Mover | $2,202,174 (0.4%) | 109,067 | -44.3% |
| SQUAREPOINT OPS LLC | Moderate Conviction | Significant Flow | $2,023,018 (0.4%) | 100,199 | 719.4% |
| OSAIC HOLDINGS, INC. | Moderate Conviction | Market Mover | $1,994,812 (0.4%) | 98,803 | -29.8% |
| Bank of New York Mellon Corp | High Conviction | Market Mover | $1,812,161 (0.4%) | 89,755 | -38.8% |
| TWO SIGMA ADVISERS, LP | High Conviction | Significant Flow | $1,716,170 (0.3%) | 85,001 | NEW |
| KLCM ADVISORS, INC. | High Conviction | Moderate Flow | $1,514,250 (0.3%) | 75,000 | NEW |
| BANK OF AMERICA CORP /DE/ | Moderate Conviction | Market Mover | $1,426,666 (0.3%) | 70,662 | -79.2% |
| VICTORY CAPITAL MANAGEMENT INC | High Conviction | Market Mover | $1,404,013 (0.3%) | 69,540 | -33.0% |
| Nuveen, LLC | High Conviction | Market Mover | $1,395,796 (0.3%) | 69,133 | -29.7% |
| WALLEYE TRADING ADVISORS, LLC | Moderate Conviction | Significant Flow | $1,310,472 (0.3%) | 64,907 | -67.5% |
| JPMORGAN CHASE & CO | High Conviction | Market Mover | $1,299,327 (0.3%) | 64,355 | 42.5% |
| WALLEYE TRADING LLC | Moderate Conviction | Significant Flow | $1,298,217 (0.3%) | 64,300 | -45.8% |
| KESTRA ADVISORY SERVICES, LLC | High Conviction | Significant Flow | $1,213,419 (0.2%) | 60,100 | -33.0% |
| MILLENNIUM MANAGEMENT, L.L.C. | Moderate Conviction | Market Mover | $1,195,632 (0.2%) | 59,219 | -32.4% |
| SWISS NATIONAL BANK | High Conviction | Market Mover | $1,136,697 (0.2%) | 56,300 | NEW |
| BOUVEL INVESTMENT PARTNERS, LLC | High Conviction | Minimal Flow | $1,086,141 (0.2%) | 53,796 | -34.5% |
| ROYAL BANK OF CANADA | High Conviction | Market Mover | $1,050,000 (0.2%) | 51,971 | -54.8% |
| NEW YORK STATE COMMON RETIREMENT FUND | High Conviction | Market Mover | $949,940 (0.2%) | 47,050 | -94.6% |
| CAPTRUST FINANCIAL ADVISORS | High Conviction | Significant Flow | $910,710 (0.2%) | 45,107 | NEW |
| BARCLAYS PLC | High Conviction | Market Mover | $896,033 (0.2%) | 44,380 | -26.0% |
| HEADLANDS TECHNOLOGIES LLC | High Conviction | Moderate Flow | $867,080 (0.2%) | 42,946 | -35.9% |
| CAPITAL FUND MANAGEMENT S.A. | Moderate Conviction | Significant Flow | $856,056 (0.2%) | 42,400 | -33.4% |
| ROYCE & ASSOCIATES LP | High Conviction | Moderate Flow | $850,039 (0.2%) | 42,102 | -49.1% |
| XTX TOPCO LTD | Moderate Conviction | Moderate Flow | $791,953 (0.2%) | 39,225 | 17.8% |
| ALLIANCEBERNSTEIN L.P. | High Conviction | Market Mover | $735,320 (0.1%) | 36,420 | -33.0% |
| RHUMBLINE ADVISERS | High Conviction | Market Mover | $729,610 (0.1%) | 36,138 | -40.3% |
| STATE OF WISCONSIN INVESTMENT BOARD | High Conviction | Significant Flow | $723,186 (0.1%) | 35,819 | 37.3% |
| WELLS FARGO & COMPANY/MN | Moderate Conviction | Market Mover | $711,078 (0.1%) | 35,219 | 8.3% |
| BREVAN HOWARD CAPITAL MANAGEMENT LP | High Conviction | Significant Flow | $645,272 (0.1%) | 31,960 | 53.8% |
| SEI INVESTMENTS CO | High Conviction | Market Mover | $644,479 (0.1%) | 31,921 | NEW |
| IMC-CHICAGO, LLC | Moderate Conviction | Significant Flow | $610,505 (0.1%) | 30,238 | -9.6% |
| POLEN CAPITAL MANAGEMENT LLC | High Conviction | Moderate Flow | $607,941 (0.1%) | 30,111 | -13.4% |
| QUANTINNO CAPITAL MANAGEMENT LP | High Conviction | Significant Flow | $595,544 (0.1%) | 29,497 | -9.0% |
| UBS GLOBAL ASSET MANAGEMENT AMERICAS INC | Moderate Conviction | Market Mover | $585,550 (0.1%) | 29,002 | NEW |
| LEGAL & GENERAL GROUP PLC | High Conviction | Market Mover | $585,389 (0.1%) | 28,994 | 188.0% |
| Invesco Ltd. | Moderate Conviction | Market Mover | $569,742 (0.1%) | 28,219 | -94.8% |
| HARVEST INVESTMENT SERVICES, LLC | High Conviction | Low Flow | $502,913 (0.1%) | 24,909 | -38.3% |
| BALYASNY ASSET MANAGEMENT LLC | Moderate Conviction | Market Mover | $500,207 (0.1%) | 24,775 | -42.7% |
| WHITE PINE CAPITAL LLC | High Conviction | Low Flow | $498,713 (0.1%) | 24,701 | -34.5% |
| VERITION FUND MANAGEMENT LLC | High Conviction | Significant Flow | $488,416 (0.1%) | 24,191 | -60.3% |
| INSPIRE INVESTING, LLC | High Conviction | Low Flow | $469,942 (0.1%) | 23,276 | 5.0% |
| AQUATIC CAPITAL MANAGEMENT LLC | Moderate Conviction | Moderate Flow | $465,723 (0.1%) | 23,067 | NEW |
| DEUTSCHE BANK AG\\ | Moderate Conviction | Market Mover | $433,156 (0.1%) | 21,454 | -25.9% |
| HORIZON KINETICS ASSET MANAGEMENT LLC | Elite Conviction | Moderate Flow | $430,047 (0.1%) | 21,300 | -7.3% |
| FORTITUDE ADVISORY GROUP L.L.C. | High Conviction | Minimal Flow | $426,150 (0.1%) | 21,107 | -36.5% |
| Universal- Beteiligungs- und Servicegesellschaft mbH (CIK 0002057170) | High Conviction | Significant Flow | $406,800 (0.1%) | 20,000 | NEW |
| QUANTBOT TECHNOLOGIES LP | High Conviction | Moderate Flow | $400,893 (0.1%) | 19,856 | NEW |
| METLIFE INVESTMENT MANAGEMENT, LLC | High Conviction | Significant Flow | $337,213 (0.1%) | 16,702 | -33.0% |
| ENGINEERS GATE MANAGER LP | High Conviction | Moderate Flow | $304,889 (0.1%) | 15,101 | NEW |
| JANUS HENDERSON GROUP PLC | High Conviction | Market Mover | $302,625 (0.1%) | 15,000 | NEW |
| MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. | High Conviction | Significant Flow | $267,719 (0.1%) | 13,260 | -32.1% |
| FRANKLIN RESOURCES INC | High Conviction | Market Mover | $267,538 (0.1%) | 13,251 | -45.3% |
| Net Worth Advisory Group | High Conviction | Low Flow | $267,012 (0.1%) | 13,225 | -32.8% |
| NEWEDGE ADVISORS, LLC | High Conviction | Significant Flow | $258,518 (0.1%) | 12,804 | -46.2% |
| RAYMOND JAMES FINANCIAL INC | Moderate Conviction | Market Mover | $257,221 (0.1%) | 12,740 | -34.8% |
| LPL FINANCIAL LLC | High Conviction | Market Mover | $247,126 (0.0%) | 12,240 | -36.5% |
| CETERA INVESTMENT ADVISERS | High Conviction | Significant Flow | $234,163 (0.0%) | 11,598 | -5.1% |
| INTECH INVESTMENT MANAGEMENT LLC | High Conviction | Significant Flow | $215,569 (0.0%) | 10,677 | -42.1% |
| ZURCHER KANTONALBANK | High Conviction | Significant Flow | $180,095 (0.0%) | 8,920 | NEW |
| Police & Firemen's Retirement System of New Jersey | High Conviction | Significant Flow | $171,211 (0.0%) | 8,480 | -31.4% |
| STATE OF WYOMING | High Conviction | Low Flow | $143,611 (0.0%) | 7,113 | 71.8% |
| KLP KAPITALFORVALTNING AS | High Conviction | Significant Flow | $123,159 (0.0%) | 6,100 | NEW |
| BNP PARIBAS FINANCIAL MARKETS | Moderate Conviction | Market Mover | $122,957 (0.0%) | 6,090 | -26.2% |
| RIVERPARK ADVISORS, LLC | Moderate Conviction | Minimal Flow | $68,606 (0.0%) | 3,398 | 61.5% |
| TOWER RESEARCH CAPITAL LLC | High Conviction | Moderate Flow | $65,093 (0.0%) | 3,224 | 36.4% |
| QUEST PARTNERS LLC | High Conviction | Moderate Flow | $65,012 (0.0%) | 3,220 | -50.8% |
| SUMMIT INVESTMENT ADVISORS, INC. | Moderate Conviction | Moderate Flow | $51,908 (0.0%) | 2,571 | -33.0% |
Implied Institutional Price History
Estimated from 13F aggregate market value ÷ shares reported across all institutional filers. Reflects quarter-end snapshot, not actual trade prices.
| Quarter | Filers | Institutional Value | Shares Held | Est. Avg Price |
|---|---|---|---|---|
| Q4 25 | 152 | $0.51B | 25,578,133 | $20.05 |
| Q3 25 | 154 | $0.78B | 26,355,743 | $29.47 |
| Q2 25 | 125 | $0.25B | 20,064,193 | $12.70 |
| Q1 25 | 118 | $0.15B | 21,257,677 | $7.26 |
| Q4 24 | 136 | $0.39B | 23,614,502 | $16.38 |
| Q3 24 | 129 | $0.29B | 23,194,510 | $12.55 |
| Q2 24 | 120 | $0.24B | 22,103,142 | $10.90 |
| Q1 24 | 134 | $0.27B | 21,985,902 | $12.27 |
Source: SEC 13F-HR filings. Implied price = aggregate market value ÷ shares reported. Not investment advice.