Treace Medical Concepts
TMCI
115 hedge funds and large institutions have $87.8M invested in Treace Medical Concepts in 2025 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 30 increasing their positions, 35 reducing their positions, and 35 closing their positions.
3% less funds holding
Funds holding: 119 → 115 (-4)
5.29% less ownership
Funds ownership: 61.46% → 56.17% (-5.3%)
11% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 35
14% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 35
66% less capital invested
Capital invested by funds: $260M → $87.8M (-$172M)
88% less call options, than puts
Call options by funds: $60K | Put options by funds: $484K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$9.68M |
| 2 |
GS
Gagnon Securities
New York
|
+$3.7M |
| 3 |
GA
Gagnon Advisors
New York
|
+$2.46M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.7M |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$10.8M |
| 2 |
JP Morgan Chase
New York
|
-$6.73M |
| 3 |
OM
Opaleye Management
Boston,
Massachusetts
|
-$4.71M |
| 4 |
CP
CenterBook Partners
Greenwich,
Connecticut
|
-$4.53M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.96M |
TMCI Hedge Fund Activity: Q4 2025 in Review
115 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Treace Medical Concepts (TMCI) for Q4 2025, worth a combined $87.8M — down 66% from $260M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of TMCI and 31 opened new positions — a net loss of 4 holders — while 35 trimmed existing stakes and 30 added.
The largest buyer was Bank of America, adding an estimated $9.68M. The largest seller was William Blair Investment Management, cutting an estimated $10.8M.
- 115 institutional investors held Treace Medical Concepts (TMCI) as of Q4 2025, down from 119 in Q3 2025.
- Funds reported $87.8M of Treace Medical Concepts stock for Q4 2025, down 66% quarter-over-quarter.
- 31 funds opened new Treace Medical Concepts positions in Q4 2025 and 35 closed out, a net change of -4 holders.
- The largest Treace Medical Concepts buyer in Q4 2025 was Bank of America, an estimated $9.68M added.
- The largest Treace Medical Concepts seller in Q4 2025 was William Blair Investment Management, an estimated $10.8M sold.
Based on aggregated 13F filings for Q4 2025.