9/15/2023 Estimated DRS count: 75,521,650 ((using today’s DRSbot total + fix inadvertent DRSbot offline or resets) x 4.175)
The 4.175 multiplier comes from 8/31/2023 Form 10-Q divided by DRSbot 8/31/2023 total: 75,400,000 / 18,059,540 = 4.175
Bloomberg data (to 9/11/2023), DRS estimated counts, and other:
| Holding | Number of shares | As of |
|---|---|---|
| ETFs | 29,138,064 | 9/8/2023 |
| MFs, Index Funds, Pension Funds, etc | 33,999,059 | 9/8/2023 |
| Other Institutional Ownership | 32,373,815 | 9/8/2023 |
| Insiders | 38,540,578 | 9/11/2023 |
| Insiders Stagnant | 14,339,510 | 9/8/2023 |
| DRS 200k Computershare accounts | 75,521,650 | 9/15/2023 |
| DRS 200k accounts 25% stuck in IRA | 18,880,413 | 9/15/2023 |
| Other | 62,448,205 | 9/15/2023 |
- Total Outstanding on 8/31/2023: 305,241,294
- Free float on 9/13/2023: 156,850,268
- Thank you to lawsondt for the Bloomberg data to 9/8/2023.
- Added Larry +6000 and Alain +15000 to Insiders number on 9/11/2023.
- “DRS 200k accounts 25% stuck in IRA” is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 30-40% additional shares stuck in IRAs.
Can you elaborate on what is meant by the “DRS 200k accounts 25% stuck in IRA” ? Are those brokerage held IRAs, Mainstar, or something else?
From Richard Newton’s google surveys. I’ll have to go through his recent videos–thought he mentioned 30-50% stuck in IRA accounts, etc but will double check.