this post was submitted on 22 Oct 2023
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DRS Your GME

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10/20/2023 Estimated DRS count: 75,839,739 ((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 Stagnant 14,339,510 9/8/2023
Insiders 38,540,578 9/11/2023
DRS'd - 200k Computershare accounts 75,839,739 10/20/2023
Non-DRS - 200k acct 25% stuck in IRA 18,959,935 10/20/2023
Other 62,050,594 10/20/2023
  • Total Outstanding on 8/31/2023: 305,241,294
  • Free float on 9/11/2023: 156,850,268
  • Thank you to lawsondt for the Bloomberg data to 9/8/2023.
  • "Non-DRS - 200k acct 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.
  • "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,388,490 DRS shares. Long story of switching subs and losing their DRS share count. So added the "fix inadvertent" column to capture their DRS shares.
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[–] [email protected] 3 points 11 months ago

Love these updates, please keep them coming!