Simulations Plus
SLP
161 hedge funds and large institutions have $191M invested in Simulations Plus in 2026 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 59 increasing their positions, 48 reducing their positions, and 35 closing their positions.
1,359% more call options, than puts
Call options by funds: $2.36M | Put options by funds: $162K
23% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 48
0.4% more ownership
Funds ownership: 79.7% → 80.1% (+0.4%)
5% less funds holding
Funds holding: 169 → 161 (-8)
14% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 35
35% less capital invested
Capital invested by funds: $293M → $191M (-$102M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
+$9.79M |
| 2 |
First Eagle Investment Management
New York
|
+$4.2M |
| 3 |
TCM
Topline Capital Management
Santa Monica,
California
|
+$3.22M |
| 4 |
Renaissance Technologies
New York
|
+$2.38M |
| 5 |
MIM
Meros Investment Management
Dallas,
Texas
|
+$2.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
-$9.37M |
| 2 |
NC
Nicholas Company
Milwaukee,
Wisconsin
|
-$3.84M |
| 3 |
Jane Street
New York
|
-$2.02M |
| 4 |
Two Sigma Investments
New York
|
-$1.79M |
| 5 |
Morgan Stanley
New York
|
-$1.66M |
SLP Hedge Fund Activity: Q1 2026 in Review
161 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Simulations Plus (SLP) for Q1 2026, worth a combined $191M — down 35% from $293M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of SLP and 30 opened new positions — a net loss of 5 holders — while 48 trimmed existing stakes and 59 added.
The largest buyer was First Light Asset Management, adding an estimated $9.79M. The largest seller was Stephens Investment Management Group, exiting entirely with an estimated $9.37M sold.
- 161 institutional investors held Simulations Plus (SLP) as of Q1 2026, down from 169 in Q4 2025.
- Funds reported $191M of Simulations Plus stock for Q1 2026, down 35% quarter-over-quarter.
- 30 funds opened new Simulations Plus positions in Q1 2026 and 35 closed out, a net change of -5 holders.
- The largest Simulations Plus buyer in Q1 2026 was First Light Asset Management, an estimated $9.79M added.
- The largest Simulations Plus seller in Q1 2026 was Stephens Investment Management Group, an estimated $9.37M sold.
Based on aggregated 13F filings for Q1 2026.