Carlsmed
CARL
57 hedge funds and large institutions have $57.7M invested in Carlsmed in 2025 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 20 increasing their positions, 9 reducing their positions, and 7 closing their positions.
129% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 7
122% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 9
19% more funds holding
Funds holding: 48 → 57 (+9)
0.04% more ownership
Funds ownership: 17.53% → 17.58% (+0.04%)
8% less capital invested
Capital invested by funds: $62.4M → $57.7M (-$4.68M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.77M |
| 2 |
Millennium Management
New York
|
+$1.44M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$640K |
| 4 |
SAM
Sectoral Asset Management
Montreal,
Quebec, Canada
|
+$635K |
| 5 |
BlackRock
New York
|
+$560K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APM
Avidity Partners Management
Dallas,
Texas
|
-$4.31M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.47M |
| 3 |
ZP
Zimmer Partners
New York
|
-$670K |
| 4 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$536K |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$411K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $2K | +$2.22K | +167 | New |
|
52
Osaic Holdings
Scottsdale,
Arizona
| $247 | +$266 | +20 | New |
|
|
EWA
53
EverSource Wealth Advisors
Birmingham,
Alabama
| $62 | +$67 | +5 | New |
|
|
TWD
54
True Wealth Design
Akron,
Ohio
| $50 | +$53 | +4 | New |
|
|
AF
55
Allworth Financial
Folsom,
California
| $25 | +$27 | +2 | New |
|
|
IA
56
IFP Advisors
Tampa,
Florida
| $25 | +$27 | +2 | New |
|
|
EP
57
Essential Partners
Rancho Santa Fe,
California
| $12 | +$13 | +1 | New |
|
|
APM
58
Avidity Partners Management
Dallas,
Texas
| – | -$4.31M | -321,912 | Closed |
|
|
59
Citadel Advisors
Miami,
Florida
| – | -$1.47M | -110,000 | Closed |
|
|
ZP
60
Zimmer Partners
New York
| – | -$670K | -50,000 | Closed |
|
|
MIM
61
Monashee Investment Management
Boston,
Massachusetts
| – | -$536K | -40,000 | Closed |
|
|
N
62
Nuveen
Charlotte,
North Carolina
| – | -$411K | -30,710 | Closed |
|
|
WP
63
Woodline Partners
San Francisco,
California
| – | -$311K | -23,210 | Closed |
|
64
D.E. Shaw & Co
New York
| – | -$134K | -10,037 | Closed |
|
CARL Hedge Fund Activity: Q4 2025 in Review
57 of the 8,229 institutional investors tracked by Wall St. Rank reported a position in Carlsmed (CARL) for Q4 2025, worth a combined $57.7M — down 7.5% from $62.4M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new CARL positions and 7 closed out — a net gain of 9 holders — while 20 added to existing stakes and 9 trimmed.
The largest buyer was Vanguard Group, adding an estimated $1.77M. The largest seller was Avidity Partners Management, exiting entirely with an estimated $4.31M sold.
- 57 institutional investors held Carlsmed (CARL) as of Q4 2025, up from 48 in Q3 2025.
- Funds reported $57.7M of Carlsmed stock for Q4 2025, down 7.5% quarter-over-quarter.
- 16 funds opened new Carlsmed positions in Q4 2025 and 7 closed out, a net change of +9 holders.
- The largest Carlsmed buyer in Q4 2025 was Vanguard Group, an estimated $1.77M added.
- The largest Carlsmed seller in Q4 2025 was Avidity Partners Management, an estimated $4.31M sold.
Based on aggregated 13F filings for Q4 2025.