First Advantage (FA) Shares Sold Off Amid AI Disruption Concerns
Optimist Fund, an investment management company, released its first-quarter 2026 investor letter. A copy of the letter can be downloaded here.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | Silver Lake Partners Jim Davidson, Dave Roux And Glenn Hutchins | 89,557,840 | $1,053,200,198 | 28.63% | |
| 2. | Cat Rock Capital Alexander Captain | 4,228,018 | $49,721,492 | +27% | 7.73% |
| 3. | BAMCO Inc. Ron Baron | 3,750,173 | $44,102,034 | 0.13% | |
| 4. | Sunriver Management Will Cook | 3,032,711 | $35,664,681 | +14% | 6.03% |
| 5. | Estuary Capital Andrew Warford | 557,682 | $6,558,340 | 1.1% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $11.86 | 9,000 | $106,740.00 | 45,257 | 2026-03-02 | Filing | |
| $13.50 | 1,000 | $13,500.00 | 20,189 | 2025-03-07 | Filing | |
| $0.00 | 23 | $0.00 | 116,127 | 2009-11-18 | Filing | |
| $0.00 | 16 | $0.00 | 16 | 2009-11-18 | Filing | |
| $0.00 | 14 | $0.00 | 14 | 2009-11-18 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $16.12 | 682 | $10,993.84 | 7,008 | 2026-05-12 | Filing | |
| $15.00 | 23,334 | $350,012.33 | 19,393 | 2026-05-07 | Filing | |
| $12.09 | 600 | $7,254.00 | 7,008 | 2026-03-05 | Filing | |
| $12.32 | 1,090 | $13,428.80 | 7,008 | 2026-03-04 | Filing | |
| $13.13 | 954 | $12,526.02 | 6,825 | 2025-11-17 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 10,398,714 | $122,288,877 | 0.02% | |
| 2. | 7,908,390 | $114,908,907 | 0.04% | |
| 3. | 9,077,681 | $106,753,529 | 0.01% | |
| 4. | 5,990,145 | $70,444,105 | 0% | |
| 5. | 3,524,781 | $41,451,425 | 0% |