Who Owns CARLSMED, INC. (CARL)?Hedge Fund & Institutional Holders

$11.33-0.03 (-0.26%)HealthcareNASDAQ

Institutional Holders

50

as of Q4 2025

Total Institutional Value

$1.546900014e+120T

% of Float Held

1.2980336274842975e+208%

QoQ Change in Holders

+12 / -7

Price History

$10.76$12.32$13.88$15.43$16.99Jul 25Nov 25Mar 26

CARL — Biggest New Institutional Buyers This Quarter

FundActionShares AddedValue Added
TEACHER RETIREMENT SYSTEM OF TEXASNew Position+175K+$2.2B
MILLENNIUM MANAGEMENT LLCIncreased+108K+$722.0M
KORNITZER CAPITAL MANAGEMENT INC /KSNew Position+55K+$682.0M
SECTORAL ASSET MANAGEMENT INCNew Position+48K+$589.0M
WESBANCO BANK INCNew Position+37K+$456.0M
STRS OHIONew Position+1K+$14.0M
TD Waterhouse Canada Inc.New Position+175K+$2.2M
Board of Trustees of The Leland Stanford Junior UniversityNew Position+25K+$309K
CWM, LLCNew Position+167+$2K
ROYAL BANK OF CANADAIncreased+960+$0
RENAISSANCE TECHNOLOGIES LLCNew Position+24K+$0
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEMNew Position+417+$0
GEODE CAPITAL MANAGEMENT, LLCIncreased+14K+$0
Janney Montgomery Scott LLCNew Position+16K+$0
NORGES BANKNew Position+65K+$0

CARL — Institutions Reducing or Closing Positions

FundActionShares SoldValue Sold
Avidity Partners Management LPClosed Position-322K-$4.3B
CITADEL ADVISORS LLCClosed Position-110K-$1.5B
NORTHERN TRUST CORPDecreased-2K-$702.3M
Zimmer Partners, LPClosed Position-50K-$669.5M
Nuveen, LLCClosed Position-31K-$411.2M
Boston PartnersDecreased-3K-$392.6M
Woodline Partners LPClosed Position-23K-$310.8M
UBS Group AGDecreased-14K-$193.1M
D. E. Shaw & Co., Inc.Closed Position-10K-$134.4M
RHUMBLINE ADVISERSDecreased-1K-$79.0M
Tower Research Capital LLC (TRC)Decreased-463-$20.0M
CITIGROUP INCDecreased-33-$2.9M
Monashee Investment Management LLCClosed Position-40K-$535K
COHEN & STEERS, INC.Decreased-10K-$155K
BNP PARIBAS FINANCIAL MARKETSDecreased-350-$33K

Top Institutional Holders(Q4 2025)

#FundSharesValue% of PortfolioType
1ORBIMED ADVISORS LLC1,252,600$15.5B0.32%Share
2JANUS HENDERSON GROUP PLC1,140,618$14.0B0.01%Share
3TEACHER RETIREMENT SYSTEM OF TEXAS175,000$2.2B0.01%Share
4MILLENNIUM MANAGEMENT LLC128,970$1.0B0.00%Share
5KORNITZER CAPITAL MANAGEMENT INC /KS55,235$682.0M0.01%Share
6Ghisallo Capital Management LLC50,000$617.0M0.03%Share
7Burkehill Global Management, LP50,000$617.0M0.04%Share
8SECTORAL ASSET MANAGEMENT INC47,700$589.0M0.47%Share
9WESBANCO BANK INC37,000$456.0M0.01%Share
10UBS Group AG9,132$112.0M0.00%Share
11UBS Group AG1,541$19.0M0.00%Share
12STRS OHIO1,200$14.0M0.00%Share
13VANGUARD GROUP INC311,911$3.0M0.00%Share
14TD Waterhouse Canada Inc.175,405$2.2M0.01%Share
15BlackRock, Inc.233,954$2.0M0.00%Share
16BlackRock, Inc.161,240$1.0M0.00%Share
17Board of Trustees of The Leland Stanford Junior University25,030$309K0.06%Share
18COHEN & STEERS, INC.20,000$247K0.00%Share
19CWM, LLC167$2K0.00%Share
20GEODE CAPITAL MANAGEMENT, LLC140,326$1K0.00%Share
21MORGAN STANLEY5,299$00.00%Share
22MORGAN STANLEY105$00.00%Share
23BlackRock, Inc.1,279$00.00%Share
24BlackRock, Inc.18,311$00.00%Share
25BlackRock, Inc.12,690$00.00%Share
26Allworth Financial LP2$00.00%Share
27True Wealth Design, LLC4$00.00%Share
28OSAIC HOLDINGS, INC.20$00.00%Share
29WELLS FARGO & COMPANY/MN350$00.00%Share
30Russell Investments Group, Ltd.62,961$00.00%Share
31Russell Investments Group, Ltd.1,624$00.00%Share
32Russell Investments Group, Ltd.1,254$00.00%Share
33Russell Investments Group, Ltd.16,876$00.00%Share
34Russell Investments Group, Ltd.24,941$00.00%Share
35Russell Investments Group, Ltd.27,115$00.00%Share
36Russell Investments Group, Ltd.25,467$00.00%Share
37Police & Firemen's Retirement System of New Jersey1,258$00.00%Share
38BARCLAYS PLC10,633$00.00%Share
39Legal & General Group Plc657$00.00%Share
40IFP Advisors, Inc2$00.00%Share
41ROYAL BANK OF CANADA206$00.00%Share
42ROYAL BANK OF CANADA766$00.00%Share
43ROYAL BANK OF CANADA54$00.00%Share
44RHUMBLINE ADVISERS4,419$00.00%Share
45Sterling Capital Management LLC179$00.00%Share
46CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM417$00.00%Share
47DEUTSCHE BANK AG\9,832$00.00%Share
48UBS Group AG13$00.00%Share
49RENAISSANCE TECHNOLOGIES LLC24,300$00.00%Share
50MERCER GLOBAL ADVISORS INC /ADV15,155$00.00%Share

CARL Institutional Ownership History

QuarterHoldersTotal ValueChange
Q4 202556$35.7B+18
Q3 202538$44.5B

Similar Stocks by Institutional Ownership

As of Q4 2025, 50 institutional investors hold CARL (CARLSMED, INC.). The largest holder is ORBIMED ADVISORS LLC with $15.5B in shares. This quarter, 12 institutions opened new positions and 7 closed their positions.

Frequently Asked Questions

How many hedge funds own CARL?

As of Q4 2025, 50 institutional investors report holding CARL (CARLSMED, INC.) in their 13F filings.

Who is the largest institutional holder of CARL?

The largest institutional holder of CARL is ORBIMED ADVISORS LLC with $15.5B in shares.

Is institutional ownership of CARL increasing or decreasing?

This quarter, 12 institutions opened new positions in CARL and 7 closed their positions.