Neuronetics
STIM
67 hedge funds and large institutions have $31.5M invested in Neuronetics in 2024 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 25 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
2% more funds holding
Funds holding: 66 → 67 (+1)
1.05% less ownership
Funds ownership: 59.43% → 58.38% (-1%)
28% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 25
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
63% less capital invested
Capital invested by funds: $84.2M → $31.5M (-$52.7M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $7K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KLC
Kent Lake Capital
Reno,
Nevada
|
+$2.07M |
| 2 |
FWC
First Washington Corp
Seattle,
Washington
|
+$1.73M |
| 3 |
First Eagle Investment Management
New York
|
+$750K |
| 4 |
Renaissance Technologies
New York
|
+$515K |
| 5 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$238K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
-$4.29M |
| 2 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
-$601K |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$597K |
| 4 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$422K |
| 5 |
CC
Cannell Capital
Alta,
Wyoming
|
-$236K |
STIM Hedge Fund Activity: Q2 2024 in Review
67 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Neuronetics (STIM) for Q2 2024, worth a combined $31.5M — down 63% from $84.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new STIM positions and 7 closed out — a net gain of 1 holder — while 18 added to existing stakes and 25 trimmed.
The largest buyer was Kent Lake Capital, adding an estimated $2.07M. The largest seller was Divisadero Street Capital Management, cutting an estimated $4.29M.
- 67 institutional investors held Neuronetics (STIM) as of Q2 2024, up from 66 in Q1 2024.
- Funds reported $31.5M of Neuronetics stock for Q2 2024, down 63% quarter-over-quarter.
- 8 funds opened new Neuronetics positions in Q2 2024 and 7 closed out, a net change of +1 holder.
- The largest Neuronetics buyer in Q2 2024 was Kent Lake Capital, an estimated $2.07M added.
- The largest Neuronetics seller in Q2 2024 was Divisadero Street Capital Management, an estimated $4.29M sold.
Based on aggregated 13F filings for Q2 2024.