We are live on ! Find out more
CARL

Carlsmed
CARL

48 hedge funds and large institutions have $62.4M invested in Carlsmed in 2025 Q3 according to their latest regulatory filings, with 48 funds opening new positions, increasing their positions, reducing their positions, and closing their positions.

New
Increased
Maintained
Reduced
Closed

17.53% more ownership

Funds ownership: 0% → 17.53% (+18%)

Holders
48
Holders Change
+48
Holders Change %
–
% of All Funds
0.63%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
48
Increased
–
Reduced
–
Closed
–
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
O
OrbiMed
New York
+$17.1M
2
Janus Henderson Group
Janus Henderson Group
United Kingdom
+$14.9M
3
BlackRock
BlackRock
New York
+$5.27M
4
APM
Avidity Partners Management
Texas
+$4.4M
5
Vanguard Group
Vanguard Group
Pennsylvania
+$3.11M

Top Sellers

No sellers this quarter
Name Holding Trade Value Shares
Change 		Change in
Stake
O
1
OrbiMed
New York
$16.8M +$17.1M +1,252,600 New
Janus Henderson Group
2
Janus Henderson Group
United Kingdom
$14.6M +$14.9M +1,092,537 New
BlackRock
3
BlackRock
New York
$5.16M +$5.27M +385,439 New
APM
4
Avidity Partners Management
Texas
$4.31M +$4.4M +321,912 New
Vanguard Group
5
Vanguard Group
Pennsylvania
$3.04M +$3.11M +227,195 New
Teacher Retirement System of Texas
6
Teacher Retirement System of Texas
Texas
$2.34M +$2.39M +175,000 New
Russell Investments Group
7
Russell Investments Group
United Kingdom
$2.13M +$2.17M +158,946 New
TWC
8
TD Waterhouse Canada
Ontario, Canada
$2.03M +$2.08M +152,242 New
Geode Capital Management
9
Geode Capital Management
Massachusetts
$1.98M +$2.02M +147,548 New
Citadel Advisors
10
Citadel Advisors
Florida
$1.47M +$1.5M +110,000 New
KCM
11
Kornitzer Capital Management
Kansas
$736K +$752K +55,000 New
Northern Trust
12
Northern Trust
Illinois
$702K +$717K +52,448 New
BGM
13
Burkehill Global Management
New York
$670K +$684K +50,000 New
GCM
14
Ghisallo Capital Management
Massachusetts
$670K +$684K +50,000 New
ZP
15
Zimmer Partners
New York
$670K +$684K +50,000 New
State Street
16
State Street
Massachusetts
$559K +$570K +41,724 New
MIM
17
Monashee Investment Management
Massachusetts
$536K +$547K +40,000 New
N
18
Nuveen
North Carolina
$411K +$420K +30,710 New
Cohen & Steers
19
Cohen & Steers
New York
$402K +$410K +30,000 New
Boston Partners
20
Boston Partners
Massachusetts
$393K +$401K +29,317 New
BOTOTLSJU
21
Board of Trustees of The Leland Stanford Junior University
California
$335K +$342K +25,030 New
UBS Group
22
UBS Group
Switzerland
$324K +$331K +24,203 New
WP
23
Woodline Partners
California
$311K +$317K +23,210 New
Millennium Management
24
Millennium Management
New York
$278K +$284K +20,762 New
Charles Schwab
25
Charles Schwab
California
$225K +$229K +16,775 New
1
2

CARL Hedge Fund Activity: Q3 2025 in Review

48 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Carlsmed (CARL) for Q3 2025, worth a combined $62.4M.

Buyers outnumbered sellers: 48 funds opened new CARL positions and 0 closed out — a net gain of 48 holders — while 0 added to existing stakes and 0 trimmed.

The largest buyer was OrbiMed, opening a new position worth an estimated $17.1M.

  • 48 institutional investors held Carlsmed (CARL) as of Q3 2025, up from 0 in Q2 2025.
  • Funds reported $62.4M of Carlsmed stock for Q3 2025.
  • 48 funds opened new Carlsmed positions in Q3 2025 and 0 closed out, a net change of +48 holders.
  • The largest Carlsmed buyer in Q3 2025 was OrbiMed, an estimated $17.1M added.

Based on aggregated 13F filings for Q3 2025.