12/22/2023 Estimated DRS count: 75,744,118 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)
The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129
Bloomberg data (to 12/9/2023), DRS estimated counts, and other:
Holding
Number of shares
As of
ETFs
29,950,420
12/9/2023
MFs, Index Funds, Pension Funds, etc
35,549,240
12/9/2023
Other Institutional Ownership
30,102,685
12/9/2023
Insiders Stagnant
14,339,510
12/9/2023
Insiders
38,655,910
12/9/2023
DRS'd - 200k Computershare accounts
75,744,118
12/22/2023
Non-DRS - 200k acct 25% stuck in IRA
18,936,030
12/22/2023
Other
62,236,402
12/22/2023
Total Outstanding on 11/30/2023: 305,514,315
Thank you to lawsondt for the Bloomberg data to 12/9/2023
"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 1,389,665 DRS shares (as of 11/21/2023). Long story of switching subs and losing their DRS share count. So added the "fix inadvertent" column to capture their DRS shares.
Discussion points:
It seems odd on some of the DRS count fluctuations since the beginning.
There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
It seems odd on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:
Buy X number of shares a month
Multiply by 3 months per quarter
Total DRS per quarter if 100,000 active accounts
Total DRS per quarter if 200,000 active accounts
1
3
300,000
600,000
2
6
600,000
1,200,000
3
9
900,000
1,800,000
4
12
1,200,000
2,400,000
5
15
1,500,000
3,000,000
The April 2023 list of stockholders DRS numbers seem correct and line up with SEC filings.
Possible some investors have had to un-DRS.
Possible economic slowdown and inflation have reduced investor purchasing power.
Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
Tinfoil - forces inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
Tinfoil - possible something funny with SEC filing reported number.
There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit
He examines the bi-weekly recurring Computershare buys. The bi-weekly recurring buys were around $900k to $1.5 million.
An alternative DRS count estimation may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:
If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:
Hey! I'll admit I've slept a bit on the status of DRS estimates between the quarterly report numbers... thank your for taking up the mantle of providing this data!