participation
Answered against 22 years of US equities and 12 years of US options data and published with the query that produced it. This result is stored as of 2026-10-01, from backtesting-in-illiquid-markets.
| ticker | median_daily_shares | shares_at_2pct | median_daily_dollars_mm |
|---|---|---|---|
| SPY | 43721494 | 874430 | 33041.47 |
| AAPL | 41338918 | 826778 | 13269.55 |
| KO | 14832924 | 296658 | 1301.14 |
| SJM | 1296421 | 25928 | 157.91 |
- Rows × columns
- 4 × 4
- Computed
- Completeness
- No missing values
- Source
- US exchange, SIP and OPRA market data
- Licence
- Strasmore terms · free, no signup
What each column holds
| Column | Type | Range | Notes |
|---|---|---|---|
ticker |
text | 4 distinct values (AAPL, KO, SJM…) | |
median_daily_shares |
number | 1,296,421 to 43,721,494 | count |
shares_at_2pct |
number | 25,928 to 874,430 | count |
median_daily_dollars_mm |
number | 157.91 to 33,041.47 |
Computed from Strasmore's warehouse of US exchange, SIP and OPRA market data. Equity prices are delayed; options greeks and implied volatility are end-of-day. This result is stored, not recomputed on load — it is exactly the numbers that were returned on , and the query below is what returned them.
Run it yourself
This is the exact query behind the result above. Change a ticker, a date or a column and run it against the warehouse — no account, no key. The no-signup tier is smaller than the one this page was computed on; a query that reaches past it comes back saying which plan runs it.
SELECT
ticker,
round(quantileDeterministic(0.5)(toFloat64(volume), toUInt64(toYYYYMMDD(date))), 0) AS median_daily_shares,
round(quantileDeterministic(0.5)(toFloat64(volume), toUInt64(toYYYYMMDD(date))) * 0.02, 0) AS shares_at_2pct,
round(quantileDeterministic(0.5)(toFloat64(volume) * toFloat64(vwap),
toUInt64(toYYYYMMDD(date))) / 1e6, 2) AS median_daily_dollars_mm
FROM global_markets.stocks_daily_aggs
WHERE ticker IN ('SPY', 'AAPL', 'KO', 'SJM', 'LANC')
AND date >= '2026-07-01'
AND date < '2026-09-26'
GROUP BY ticker
ORDER BY median_daily_shares DESC
Work with this data in your AI assistant
Opens ready to query, with this page's data. Free, no account.