Treace Medical Concepts
TMCI
119 hedge funds and large institutions have $260M invested in Treace Medical Concepts in 2025 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 43 increasing their positions, 35 reducing their positions, and 21 closing their positions.
800% more call options, than puts
Call options by funds: $27K | Put options by funds: $3K
23% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 35
15% more capital invested
Capital invested by funds: $226M → $260M (+$34.2M)
0.34% more ownership
Funds ownership: 61.11% → 61.46% (+0.34%)
5% less funds holding
Funds holding: 125 → 119 (-6)
29% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OM
Opaleye Management
Boston,
Massachusetts
|
+$4.59M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
+$3.49M |
| 3 |
First Eagle Investment Management
New York
|
+$2.16M |
| 4 |
AI
Acuitas Investments
Seattle,
Washington
|
+$1.97M |
| 5 |
Millennium Management
New York
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$2.15M |
| 2 |
Morgan Stanley
New York
|
-$1.69M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
-$1.56M |
| 4 |
YIH
Y-Intercept (HK)
Hong Kong
|
-$1.37M |
| 5 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$1.28M |
TMCI Hedge Fund Activity: Q3 2025 in Review
119 of the 7,641 institutional investors tracked by Wall St. Rank reported a position in Treace Medical Concepts (TMCI) for Q3 2025, worth a combined $260M — up 15% from $226M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of TMCI and 15 opened new positions — a net loss of 6 holders — while 35 trimmed existing stakes and 43 added.
The largest buyer was Opaleye Management, opening a new position worth an estimated $4.59M. The largest seller was Kornitzer Capital Management, exiting entirely with an estimated $2.15M sold.
- 119 institutional investors held Treace Medical Concepts (TMCI) as of Q3 2025, down from 125 in Q2 2025.
- Funds reported $260M of Treace Medical Concepts stock for Q3 2025, up 15% quarter-over-quarter.
- 15 funds opened new Treace Medical Concepts positions in Q3 2025 and 21 closed out, a net change of -6 holders.
- The largest Treace Medical Concepts buyer in Q3 2025 was Opaleye Management, an estimated $4.59M added.
- The largest Treace Medical Concepts seller in Q3 2025 was Kornitzer Capital Management, an estimated $2.15M sold.
Based on aggregated 13F filings for Q3 2025.