Tenon Medical

TNON

Market cap $2.8M

TNON Hedge Fund Activity: Q1 2026 in Review

12 of the 8,161 institutional investors tracked by Wall St. Rank reported a position in Tenon Medical (TNON) for Q1 2026, worth a combined $267K — down 35% from $411K a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of TNON and 3 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 2 added.

The largest buyer was Geode Capital Management, adding an estimated $84.8K. The largest seller was DRW Securities, exiting entirely with an estimated $97.5K sold.

• 12 institutional investors held Tenon Medical (TNON) as of Q1 2026, down from 16 in Q4 2025.
• Funds reported $267K of Tenon Medical stock for Q1 2026, down 35% quarter-over-quarter.
• 3 funds opened new Tenon Medical positions in Q1 2026 and 6 closed out, a net change of -3 holders.
• The largest Tenon Medical buyer in Q1 2026 was Geode Capital Management, an estimated $84.8K added.
• The largest Tenon Medical seller in Q1 2026 was DRW Securities, an estimated $97.5K sold.

Based on aggregated 13F filings for Q1 2026.