A2Z Smart Technologies Corp.

AZ • NASDAQ

A2Z Smart Technologies Corp. is a aerospace & defense company in the industrials sector on NASDAQ, led by Gadi Graus, with a market cap of $248.6M. As of Q3 2025, 31% of shares are held by 58 institutional investors, with Alyeska Investment Group, L.P. as the largest holder at 4.78%.

CEOGadi Graus

Market Cap$248.6M

Aerospace & Defense

Industrials

Employees97.0

Websitea2zas.com

Overview

Overview of institutional ownership in AZ as of Q3 2025 with a market cap of $334.2M

All Institutions

Institutions: 58
Value Held: $102.0M
Shares Held: 12.8M
Avg Position: $1.8M
Median Position: $475.2K

Hedge Funds

Hedge Funds: 14
Value Held: $57.9M
Shares Held: 7.2M
Avg Position: $4.1M
Median Position: $2.0M

Ownership Breakdown

Institutional (non-HF)

13.2%

$44.1M

Hedge Funds

17.32%

$57.9M

Retail & Other

69.48%

$232.2M

Based on market cap of $334.2M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in AZ as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	Anand Christopher Parekh CEO	$16.0M 0.05% of portfolio	4.78% 2.0M shares	Q1 2025 Held for 8 months	$33.0B
P Philadelphia Financial Management of San Francisco, LLC Hedge Fund•Sector	Jordan Neil Hymowitz Managing Partner	$14.9M 2.95% of portfolio	4.45% 1.9M shares	Q1 2025 Held for 8 months	$503.5M
S Shay Capital LLC Institution	-	$12.8M 2.33% of portfolio	3.82% 1.6M shares	Q4 2022 Held for 2y 11m	$548.9M
G GARNET EQUITY CAPITAL HOLDINGS, INC. Hedge Fund•Long/Short	Joseph A Cohen President	$8.3M 3.62% of portfolio	2.47% 1.0M shares	Q4 2024 Held for 11 months	$228.0M
C Clal Insurance Enterprises Holdings Ltd Institution	-	$4.4M 0.04% of portfolio	1.31% 546.7K shares	Q4 2024 Held for 11 months	$11.7B
Cable Car Capital LLC Hedge Fund•Long/Short	Evan Howell Eurich COO	$4.0M 3.35% of portfolio	1.20% 500.0K shares	Q1 2025 Held for 8 months	$119.3M
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	Steven Alan Cohen CEO	$3.9M 0.01% of portfolio	1.16% 483.8K shares	Q1 2025 Held for 8 months	$43.2B
WEYBOSSET RESEARCH & MANAGEMENT LLC RIA/Wealth	Jeannine Marie Bizier COO	$3.6M 1.16% of portfolio	1.08% 450.5K shares	Q2 2025 Held for 5 months	$309.8M
G GRATIA CAPITAL, LLC Hedge Fund•Multi-Strategy	Pei Yu-Tsung Steven Managing Partner	$3.4M 3.08% of portfolio	1.01% 422.0K shares	Q3 2025 Held for 2 months	$109.5M
Fortitude Advisory Group L.L.C. RIA/Wealth	Craig Douglas Johnsen CCO	$3.2M 1.71% of portfolio	0.95% 397.0K shares	Q1 2025 Held for 8 months	$185.7M

Net Capital Flow

Institutional buying and selling activity for AZ in Q3 2025

Traded: +$51.5M
Buyers: 48
Sellers: 11
Total Bought: +$55.3M
Total Sold: −$3.8M
Avg Position: $1.6M

Biggest Buyers

Institution	Net Bought	Current Position
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	+$8.4M +1.1M shares	$16.0M 2.0M shares
S Shay Capital LLC Institution	+$7.3M +915.0K shares	$12.8M 1.6M shares
P Philadelphia Financial Management of San Francisco, LLC Hedge Fund•Sector	+$6.7M +836.3K shares	$14.9M 1.9M shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	+$3.9M +483.8K shares	$3.9M 483.8K shares
WEYBOSSET RESEARCH & MANAGEMENT LLC RIA/Wealth	+$3.4M +424.0K shares	$3.6M 450.5K shares
G GRATIA CAPITAL, LLC Hedge Fund•Multi-Strategy	+$3.4M +422.0K shares	$3.4M 422.0K shares
Jain Global LLC Hedge Fund•Multi-Strategy	+$2.6M +327.5K shares	$2.6M 327.5K shares
B Bastion Asset Management Inc. Institution	+$1.9M +237.4K shares	$1.9M 237.4K shares
G GARNET EQUITY CAPITAL HOLDINGS, INC. Hedge Fund•Long/Short	+$1.9M +243.0K shares	$8.3M 1.0M shares
Private Advisor Group, LLC RIA/Wealth	+$1.6M +200.0K shares	$1.6M 200.0K shares

Biggest Sellers

Institution	Net Sold	Current Position
H Honeycomb Asset Management LP Hedge Fund•Long/Short	−$1.8M −167.7K shares	Sold Off 0 shares
S SIMPLEX TRADING, LLC Institution	−$421.6K −52.8K shares	$95.8K 12.0K shares
Kestra Advisory Services, LLC RIA/Wealth	−$335.1K −31.7K shares	Sold Off 0 shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$310.5K −38.9K shares	$478.9K 59.9K shares
A Atlantic Trust Group, LLC Institution	−$270.9K −33.9K shares	$2.3M 289.0K shares
IMC-Chicago, LLC RIA/Wealth	−$264.4K −25.0K shares	Sold Off 0 shares
X XTX Topco Ltd Institution	−$218.9K −20.7K shares	Sold Off 0 shares
G GROUP ONE TRADING, L.P. Institution	−$190.5K −23.8K shares	$66.5K 8.3K shares
Goss Wealth Management LLC RIA/Wealth	−$31.3K −3.9K shares	$80.4K 10.1K shares
R ROYAL BANK OF CANADA Institution	−$20.0K −2.5K shares	$19.3K 2.4K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited AZ in Q3 2025

New Positions: 22
New Value: $21.0M
Exited Positions: 5
Exited Value: $2.6M

New Positions

Institution	Position Value
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	$3.9M 483.8K shares
G GRATIA CAPITAL, LLC Hedge Fund•Multi-Strategy	$3.4M 422.0K shares
Jain Global LLC Hedge Fund•Multi-Strategy	$2.6M 327.5K shares
B Bastion Asset Management Inc. Institution	$1.9M 237.4K shares
Private Advisor Group, LLC RIA/Wealth	$1.6M 200.0K shares
Hood River Capital Management LLC Long Only Manager	$1.5M 187.5K shares
Davidson Kempner Capital Management LP Hedge Fund•Multi-Strategy	$1.4M 175.0K shares
T Timelo Investment Management Inc. Institution	$1.3M 165.0K shares
G Gallo Partners, LP Hedge Fund•Sector	$970.8K 121.5K shares
Aristides Capital LLC Real Assets	$495.4K 62.0K shares

Exited Positions

Institution	Previous Position
H Honeycomb Asset Management LP Hedge Fund•Long/Short	$1.8M 167.7K shares
Kestra Advisory Services, LLC RIA/Wealth	$335.1K 31.7K shares
IMC-Chicago, LLC RIA/Wealth	$264.4K 25.0K shares
X XTX Topco Ltd Institution	$218.9K 20.7K shares
Evelyn Partners Asset Management Ltd RIA/Wealth	$21.0 2.0 shares

Options Activity

Institutions with the largest Call and Put options positions in AZ as of Q3 2025

Call Positions: 6
Call Value: $3.7M
Put Positions: 5
Put Value: $5.7M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$2.3M 2.9K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$433.9K 543.0 contracts
G GARNET EQUITY CAPITAL HOLDINGS, INC. Hedge Fund•Long/Short	$412.3K 516.0 contracts
W WOLVERINE TRADING, LLC Institution	$306.1K 385.0 contracts
J JANE STREET GROUP, LLC Institution	$208.5K 261.0 contracts
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$4.1M 5.2K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$717.5K 898.0 contracts
J JANE STREET GROUP, LLC Institution	$385.1K 482.0 contracts
TORONTO DOMINION BANK Institution	$270.1K 338.0 contracts
W WOLVERINE TRADING, LLC Institution	$244.1K 307.0 contracts

Most Committed Institutions

Institutions with AZ as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
G GARNET EQUITY CAPITAL HOLDINGS, INC. Hedge Fund•Long/Short	Joseph A Cohen President	3.62% $8.3M	2.47% 1.0M shares	Q4 2024 Held for 11 months	$228.0M
Cable Car Capital LLC Hedge Fund•Long/Short	Evan Howell Eurich COO	3.35% $4.0M	1.20% 500.0K shares	Q1 2025 Held for 8 months	$119.3M
G GRATIA CAPITAL, LLC Hedge Fund•Multi-Strategy	Pei Yu-Tsung Steven Managing Partner	3.08% $3.4M	1.01% 422.0K shares	Q3 2025 Held for 2 months	$109.5M
P Philadelphia Financial Management of San Francisco, LLC Hedge Fund•Sector	Jordan Neil Hymowitz Managing Partner	2.95% $14.9M	4.45% 1.9M shares	Q1 2025 Held for 8 months	$503.5M
S Shay Capital LLC Institution	-	2.33% $12.8M	3.82% 1.6M shares	Q4 2022 Held for 2y 11m	$548.9M
T Timelo Investment Management Inc. Institution	-	2.22% $1.3M	0.39% 165.0K shares	Q3 2025 Held for 2 months	$59.3M
Fortitude Advisory Group L.L.C. RIA/Wealth	Craig Douglas Johnsen CCO	1.71% $3.2M	0.95% 397.0K shares	Q1 2025 Held for 8 months	$185.7M
WEYBOSSET RESEARCH & MANAGEMENT LLC RIA/Wealth	Jeannine Marie Bizier COO	1.16% $3.6M	1.08% 450.5K shares	Q2 2025 Held for 5 months	$309.8M
B Bastion Asset Management Inc. Institution	-	1.12% $1.9M	0.57% 237.4K shares	Q3 2025 Held for 2 months	$173.7M
Mountain Hill Investment Partners Corp. RIA/Wealth	Andrew John Kaiser CEO	0.96% $1.1M	0.33% 137.7K shares	Q2 2025 Held for 5 months	$114.1M

Hedge Fund Spotlight

Discover hedge funds investing in AZ

CORSAIR CAPITAL MANAGEMENT LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerJeffrey Archer Zelin

Portfolio Value: $563.1M
Positions: 163
Last Reported: Q3 2025

Sector Allocation

Position in A2Z Smart Technologies Corp.

Market Value: $735.1K
Shares Held: 92.0K
Portfolio Weight: 0.13%
Owned Since: 2025-Q1

Top Holding	Sector	Market Value	Weight
1 Vertiv Holdings Co VRT	Electrical Equipment & Parts Industrials	$91.3M	16.22%
2 CompoSecure CMPO	Manufacturing - Metal Fabrication Industrials	$88.0M	15.63%
3 Laureate Education, Inc. LAUR	Education & Training Services Consumer Defensive	$60.3M	10.70%