Enhanced Group Inc. (APAD) Institutional Ownership

Ownership Summary

Enhanced Group Inc. (NYSE:APAD) appears in 47 institutional 13F filings for the quarter ending December 2025.

• Their combined ownership stood at 125.0% of outstanding shares in December 2025, up from 78.7% in September 2025.
• They increased total shares held in Enhanced by 33.89% from the prior quarter, while the number of investors in APAD stayed flat year over year.
• Of these 47 funds, 27 grew their exposure to Enhanced, 8 cut back, and 12 maintained positions.
• In total, institutional investors held 19.13Mn shares in Enhanced as of December 2025, up by 4.84Mn shares quarter on quarter, and with no net change year over year.
• HIGHBRIDGE CAPITAL MANAGEMENT LLC holds the largest position in APAD at 1.72Mn shares as of December 31, 2025, or 11.26% of shares outstanding.
• The largest buyers of Enhanced for the quarter ending December 2025 were Jpmorgan Chase & Co (1.72Mn), Crossingbridge Advisors, LLC (865.92K), HIGHBRIDGE CAPITAL MANAGEMENT LLC (838.39K), GLAZER CAPITAL, LLC (223.02K), Berkley W R Corp (108.44K).
• The largest sales of APAD for the quarter ending December 2025 came from TWO SIGMA INVESTMENTS, LP (392.58K), WOLVERINE ASSET MANAGEMENT LLC (125.65K), PERISCOPE CAPITAL INC. (122.98K), Shaolin Capital Management LLC (100.0K), Verition Fund Management LLC (68.18K).
• Per Business Quant, the top 10 investors in APAD for the quarter ending December 2025 include HIGHBRIDGE CAPITAL MANAGEMENT LLC (1.72Mn), Jpmorgan Chase & Co (1.72Mn), GLAZER CAPITAL, LLC (1.4Mn), LINDEN ADVISORS LP (1.2Mn), TENOR CAPITAL MANAGEMENT Co., L.P. (1.2Mn), MILLENNIUM MANAGEMENT LLC (1.08Mn), D. E. Shaw & Co., Inc. (990.0K), AQR Arbitrage LLC (880.0K), Crossingbridge Advisors, LLC (865.92K), Magnetar Financial LLC (799.98K).