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Neuronetics

56 hedge funds and large institutions have $23.4M invested in Neuronetics in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 26 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.82% less ownership

Funds ownership: 62.97%60.15% (-2.8%)

19% less funds holding

Funds holding: 6956 (-13)

39% less capital invested

Capital invested by funds: $38.6M → $23.4M (-$15.1M)

50% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 26

81% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 16

83% less call options, than puts

Call options by funds: $1K | Put options by funds: $6K

Holders
56
Holders Change
-13
Holders Change %
-18.84%
% of All Funds
0.89%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
13
Reduced
26
Closed
16
Calls
$1K
Puts
$6K
Net Calls
-$5K
Net Calls Change
-$19K
Name Holding Trade Value Shares
Change
Change in
Stake
ACM
1
Archon Capital Management
Washington
$3.88M +$752K +428,949 +18%
CC
2
Cannell Capital
Wyoming
$3.83M +$114K +65,240 +2%
KLC
3
Kent Lake Capital
Nevada
$3.14M +$2.84M +1,622,938 +230%
Balyasny Asset Management
4
Balyasny Asset Management
Illinois
$1.89M +$175K +99,928 +8%
Vanguard Group
5
Vanguard Group
Pennsylvania
$1.83M
SAM
6
Silvercrest Asset Management
New York
$1.52M -$5.16K -2,946 -0.3%
First Eagle Investment Management
7
First Eagle Investment Management
New York
$1.05M +$343K +195,834 +34%
FWC
8
First Washington Corp
Washington
$690K +$26K +14,851 +3%
BlackRock
9
BlackRock
New York
$514K -$4.94K -2,820 -0.7%
Acadian Asset Management
10
Acadian Asset Management
Massachusetts
$498K -$91.3K -52,122 -12%
Renaissance Technologies
11
Renaissance Technologies
New York
$443K -$78.5K -44,825 -12%
DCM
12
DAFNA Capital Management
California
$424K
Assenagon Asset Management
13
Assenagon Asset Management
Luxembourg
$352K -$2.1K -1,200 -0.5%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$337K +$352 +201 +0.1%
MAG
15
Millrace Asset Group
Pennsylvania
$321K -$269K -153,345 -39%
TCM
16
Tang Capital Management
California
$270K
Citadel Advisors
17
Citadel Advisors
Florida
$260K -$85K -48,507 -20%
HighTower Advisors
18
HighTower Advisors
Illinois
$212K +$6.2K +3,537 +2%
Two Sigma Advisers
19
Two Sigma Advisers
New York
$180K -$127K -72,400 -35%
QOP
20
Quinn Opportunity Partners
Virginia
$139K +$180K +102,900 New
State Street
21
State Street
Massachusetts
$138K
William Blair & Company
22
William Blair & Company
Illinois
$123K -$19.4K -11,088 -11%
BCM
23
Bridgeway Capital Management
Texas
$119K +$43.8K +25,000 +40%
XT
24
XTX Topco
Cayman Islands
$113K -$50.6K -28,888 -26%
Allspring Global Investments
25
Allspring Global Investments
North Carolina
$112K -$282K -160,730 -66%

STIM Hedge Fund Activity: Q3 2023 in Review

56 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Neuronetics (STIM) for Q3 2023, worth a combined $23.4M — down 39% from $38.6M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of STIM and 3 opened new positions — a net loss of 13 holders — while 26 trimmed existing stakes and 13 added.

The largest buyer was Kent Lake Capital, adding an estimated $2.84M. The largest seller was Schroder Investment Management Group, exiting entirely with an estimated $2.03M sold.

  • 56 institutional investors held Neuronetics (STIM) as of Q3 2023, down from 69 in Q2 2023.
  • Funds reported $23.4M of Neuronetics stock for Q3 2023, down 39% quarter-over-quarter.
  • 3 funds opened new Neuronetics positions in Q3 2023 and 16 closed out, a net change of -13 holders.
  • The largest Neuronetics buyer in Q3 2023 was Kent Lake Capital, an estimated $2.84M added.
  • The largest Neuronetics seller in Q3 2023 was Schroder Investment Management Group, an estimated $2.03M sold.

Based on aggregated 13F filings for Q3 2023.