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$OUST
$32.78 +$3.07 (10.33%) Live

Ownership

13F as of Q2 2026 · 72.1M shares outstanding

Who owns OUST?

By type of holder
Institutions 48.8% Insiders 4.3% Everyone else 46.9%
Concentration Top 10 holders own 25.1%
BlackRock, Inc. 7.7% · Vanguard Capital Management LLC 3.8%
Institutional ownership
48.8%
+7.3 pts vs last qtr
Institutional holders
325
+98 vs last qtr
Net shares bought
+5.3M
by institutions in Q2 2026
New / sold out
134 / 36
positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026
  • Price T Rowe Associates Inc /MD/ +973.0K
  • Exchange Traded Concepts, LLC +617.1K

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Biggest sellers in Q2 2026
  • Tao Capital Management LP SOLD OUT −845.3K
  • D. E. Shaw & Co., Inc. −689.4K

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Who is planning to sell?

Notices of proposed sale, last 12 months
$40.2M
44 notices from 20 people
Shares covered
1.3M
1.76% of the company
Arranged in advance
96%
of the value is under a 10b5-1 plan
Under a 10b5-1 plan No plan
$0$11.3M$22.7MNov 2025: $43.0K under a 10b5-1 planNovDec 2025: $1.2M under a 10b5-1 planDec 2025: $901.0K without a planDecJan 2026: $159.0K under a 10b5-1 planJanFebMar 2026: $2.3M under a 10b5-1 planMarApr 2026: $5.4M under a 10b5-1 planAprMay 2026: $22.4M under a 10b5-1 planMay 2026: $324.2K without a planMayJun 2026: $79.7K under a 10b5-1 planJunJulAug 2026: $3.4M under a 10b5-1 planAugSep 2026: $3.6M under a 10b5-1 planSep 2026: $361.5K without a planSepOct
Largest proposed sellers
  • Mark Frichtl Officer 10b5-1 $26.1M
  • Darien R Spencer Officer 10b5-1 $2.7M

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Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2019–FY2025
+3711.3%
+83.45% a year
Each share's claim on the business
−97.4%
shrank without buying or selling a share
Spent on buybacks vs paid in stock
$90K vs $211M
over 7 fiscal years
Diluted shares, split-adjusted
1.4M29.2M56.9M2019: 1.5M shares'192020: 1.8M shares'202021: 13.4M shares'212022: 17.8M shares'222023: 37.0M shares'232024: 46.6M shares'242025: 56.3M shares'25
Buybacks Stock-based comp
$0$28.9M$57.7M2019 buybacks: $02019 stock comp: $1.2M'192020 buybacks: $02020 stock comp: $12.1M'202021 buybacks: $45.0K2021 stock comp: $25.4M'212022 buybacks: $45.0K2022 stock comp: $33.3M'222023 buybacks: $02023 stock comp: $57.7M'232024 buybacks: $02024 stock comp: $40.5M'242025 buybacks: $02025 stock comp: $40.8M'25

How patient are the owners?

Institutional shares by how long they've been held
5+ years0% 3–5 years57% 1–3 years21% Under 1 year22%
Quarterly turnover
27.8%
of institutional shares changed hands
Top 10 managers, median time held
3 years

Super Investors

Investment managers reporting OUST on Form 13F
B
BlackRock, Inc.
Shares
5.6M
% of company
7.71%
Change vs last qtr
+266.8K (+5.0%)
Held since
2023
VC
Vanguard Capital Management LLC
Shares
2.7M
% of company
3.76%
Change vs last qtr
+43.6K (+1.6%)
Held since
2023

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Institutional Funds

Mutual funds and ETFs reporting OUST on Form N-PORT; together they hold 21.9% of the company
VT
Position value
$120M
% of company
2.66%
% of the fund
0.01%
As of
June 30, 2026
IR
iShares Trust
Position value
$102M
% of company
2.26%
% of the fund
0.12%
As of
June 30, 2026

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Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G
PC
Pacala Charles Angus
Insider
Shares
1.0M
% of company
1.44%
Change vs last qtr
—
Held since
—
FM
Frichtl Mark
Insider
Shares
319.0K
% of company
0.44%
Change vs last qtr
—
Held since
—

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