American Resources Corp - Class A common stock, par value $0.0001 per share (the "Shares") (AREC) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2019 to Q4 2025

Type / Class
Equity / Class A common stock, par value $0.0001 per share (the "Shares")
Symbol
AREC on Nasdaq
Shares outstanding
100,089,000
Price per share
$3.57
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
19,901,054
Total reported value
$49,371,692
% of total 13F portfolios
0%
Share change
+10,606,842
Value change
+$26,066,607
Number of holders
82
Price from insider filings
$3.57
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of American Resources Corp - Class A common stock, par value $0.0001 per share (the "Shares") (AREC) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
CITADEL ADVISORS LLC 3.2% -68% $10,633,455 -$22,121,280 3,202,848 -68% Kenneth Griffin 31 Dec 2025

As of 31 Dec 2025, 82 institutional investors reported holding 19,901,054 shares of American Resources Corp - Class A common stock, par value $0.0001 per share (the "Shares") (AREC). This represents 20% of the company’s total 100,089,000 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of American Resources Corp - Class A common stock, par value $0.0001 per share (the "Shares") (AREC) together control 19% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
VANGUARD GROUP INC 4.1% 4,110,606 +32% 0% $10,194,303
CITADEL ADVISORS LLC 2.9% 2,891,941 0% $7,172,014
HITE Hedge Asset Management LLC 2.3% 2,318,401 0.37% $5,749,634
BlackRock, Inc. 1.4% 1,416,130 +75% 0% $3,512,002
TWO SIGMA INVESTMENTS, LP 0.94% 938,845 +221% 0% $2,328,336
GEODE CAPITAL MANAGEMENT, LLC 0.85% 851,394 +23% 0% $2,112,380
Polar Asset Management Partners Inc. 0.85% 850,000 0.04% $2,108,000
Janney Montgomery Scott LLC 0.63% 633,898 +12% 0% $1,572,000
UBS Group AG 0.63% 630,722 +1582% 0% $1,564,191
GOLDMAN SACHS GROUP INC 0.56% 560,986 +355% 0% $1,391,245
JANE STREET GROUP, LLC 0.44% 440,905 +145% 0% $1,093,445
PEAK6 LLC 0.42% 424,103 0.03% $1,051,775
NATIONAL BANK OF CANADA /FI/ 0.36% 361,050 0% $895,400
STATE STREET CORP 0.3% 299,722 0% 0% $743,311
SG Americas Securities, LLC 0.25% 254,331 +457% 0% $631,000
Squarepoint Ops LLC 0.25% 250,536 +853% 0% $621,329
SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.24% 238,490 -11% 0% $591,455
MILLENNIUM MANAGEMENT LLC 0.19% 186,942 -67% 0% $463,616
CWM, LLC 0.16% 159,067 0% 0% $394,000
NORTHERN TRUST CORP 0.16% 158,282 +39% 0% $392,539
JPMORGAN CHASE & CO 0.15% 149,442 0% $370,616
GROUP ONE TRADING LLC 0.15% 145,851 -11% 0.01% $361,710
Point72 Asset Management, L.P. 0.12% 123,866 0% $307,188
MORGAN STANLEY 0.11% 112,185 -9.6% 0% $278,218
Kestra Advisory Services, LLC 0.1% 103,000 0% $255,440

Institutional Holders of American Resources Corp - Class A common stock, par value $0.0001 per share (the "Shares") (AREC) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 19,901,054 $49,371,692 +$26,066,607 $2.48 82
2025 Q3 9,260,936 $25,012,701 +$4,589,586 $2.70 52
2025 Q2 8,159,761 $6,757,140 +$2,471,317 $0.83 37
2025 Q1 5,184,914 $2,421,268 -$920,883 $0.47 28
2024 Q4 6,053,440 $6,113,684 +$255,525 $1.01 27
2024 Q3 5,815,122 $5,290,918 -$60,868 $0.91 27
2024 Q2 5,896,061 $4,310,141 -$1,224,591 $0.73 23
2024 Q1 7,059,044 $9,953,628 -$364,718 $1.41 34
2023 Q4 7,291,929 $10,864,922 +$430,073 $1.49 38
2023 Q3 7,006,236 $11,700,549 -$3,163,379 $1.67 33
2023 Q2 8,620,727 $16,896,005 -$1,600,431 $1.96 35
2023 Q1 9,471,323 $14,206,154 -$1,212,159 $1.50 34
2022 Q4 10,383,317 $13,702,599 -$4,956,771 $1.32 43
2022 Q3 11,831,215 $31,586,243 +$13,482,622 $2.67 45
2022 Q2 6,413,523 $9,335,000 -$2,067,312 $1.45 32
2022 Q1 7,619,531 $19,560,700 +$3,621,377 $2.57 38
2021 Q4 6,238,801 $11,237,000 +$2,144,644 $1.80 30
2021 Q3 5,031,136 $9,640,000 +$1,018,089 $1.90 30
2021 Q2 4,355,572 $11,119,000 +$4,156,107 $2.55 28
2021 Q1 2,475,735 $9,413,185 +$2,653,754 $3.80 24
2020 Q4 1,872,453 $3,651,152 +$2,900,291 $1.95 13
2020 Q3 387,564 $582,000 -$105,000 $1.50 6
2020 Q2 481,049 $567,000 +$110,000 $1.18 4
2020 Q1 390,313 $406,000 +$36,070 $1.04 4
2019 Q4 356,252 $224,000 -$37,982 $0.61 3
2019 Q3 421,269 $249,000 -$334,795 $0.60 4
2019 Q2 479,546 $1,415,000 -$139,934 $2.95 4
2019 Q1 524,207 $2,222,000 +$2,222,000 $4.20 4