Neuronetics
STIM
66 hedge funds and large institutions have $46.2M invested in Neuronetics in 2023 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 11 increasing their positions, 25 reducing their positions, and 3 closing their positions.
333% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 3
97% more capital invested
Capital invested by funds: $23.4M → $46.2M (+$22.7M)
18% more funds holding
Funds holding: 56 → 66 (+10)
5.1% less ownership
Funds ownership: 60.15% → 55.05% (-5.1%)
56% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
+$769K |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$296K |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$226K |
| 4 |
GIPM
G2 Investment Partners Management
New York
|
+$116K |
| 5 |
Corient Private Wealth
Miami,
Florida
|
+$63.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KLC
Kent Lake Capital
Reno,
Nevada
|
-$1.91M |
| 2 |
ACM
Archon Capital Management
Seattle,
Washington
|
-$537K |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$275K |
| 4 |
Renaissance Technologies
New York
|
-$252K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$174K |
STIM Hedge Fund Activity: Q4 2023 in Review
66 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Neuronetics (STIM) for Q4 2023, worth a combined $46.2M — up 97% from $23.4M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new STIM positions and 3 closed out — a net gain of 10 holders — while 11 added to existing stakes and 25 trimmed.
The largest buyer was Millrace Asset Group, adding an estimated $769K. The largest seller was Kent Lake Capital, cutting an estimated $1.91M.
- 66 institutional investors held Neuronetics (STIM) as of Q4 2023, up from 56 in Q3 2023.
- Funds reported $46.2M of Neuronetics stock for Q4 2023, up 97% quarter-over-quarter.
- 13 funds opened new Neuronetics positions in Q4 2023 and 3 closed out, a net change of +10 holders.
- The largest Neuronetics buyer in Q4 2023 was Millrace Asset Group, an estimated $769K added.
- The largest Neuronetics seller in Q4 2023 was Kent Lake Capital, an estimated $1.91M sold.
Based on aggregated 13F filings for Q4 2023.