CorMedix

CRMD • NASDAQ

CorMedix is a biotechnology company in the healthcare sector on NASDAQ, led by Joseph Todisco, with a market cap of $552.3M. As of Q3 2025, 58% of shares are held by 190 institutional investors, with BlackRock, Inc. as the largest holder at 7.62%.

CEOJoseph Todisco

Market Cap$552.3M

Biotechnology

Healthcare

Employees82.0

Websitecormedix.com

Country

United States of America

Overview

Overview of institutional ownership in CRMD as of Q3 2025 with a market cap of $868.2M

All Institutions

Institutions: 190
Value Held: $501.4M
Shares Held: 43.1M
Avg Position: $2.6M
Median Position: $382.2K

Hedge Funds

Hedge Funds: 26
Value Held: $104.0M
Shares Held: 8.9M
Avg Position: $4.0M
Median Position: $844.5K

Ownership Breakdown

Institutional (non-HF)

45.77%

$397.4M

Hedge Funds

11.98%

$104.0M

Retail & Other

42.25%

$366.8M

Based on market cap of $868.2M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in CRMD as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
BlackRock, Inc. Institution	Laurence D. Fink CEO	$66.2M 0.00% of portfolio	7.62% 5.7M shares	Q1 2017 Held for 8y 9m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$46.3M 0.00% of portfolio	5.33% 4.0M shares	Q1 2014 Held for 11y 9m	$6.69T
Marshall Wace LLP Institution	Diana Lj Harrison President	$40.4M 0.04% of portfolio	4.65% 3.5M shares	Q1 2022 Held for 3y 9m	$90.4B
DEERFIELD MANAGEMENT CO /NY Hedge Fund•Long/Short	James Edward Flynn President	$38.7M 0.64% of portfolio	4.45% 3.3M shares	Q3 2025 Held for 3 months	$6.0B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$21.3M 0.00% of portfolio	2.46% 1.8M shares	Q1 2015 Held for 10y 9m	$2.88T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$21.1M 0.00% of portfolio	2.42% 1.8M shares	Q1 2014 Held for 11y 9m	$1.57T
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	Kenneth Cordele Griffin CEO	$20.0M 0.02% of portfolio	2.30% 1.7M shares	Q1 2018 Held for 7y 9m	$122.10B
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	Anand Christopher Parekh CEO	$14.7M 0.04% of portfolio	1.69% 1.3M shares	Q2 2025 Held for 6 months	$33.0B
UBS Group AG Institution	Sergio P. Ermotti CEO	$12.7M 0.00% of portfolio	1.46% 1.1M shares	Q3 2018 Held for 7y 3m	$511.60B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$9.8M 0.00% of portfolio	1.13% 843.6K shares	Q1 2014 Held for 11y 9m	$1.65T

Net Capital Flow

Institutional buying and selling activity for CRMD in Q3 2025

Traded: +$104.6M
Buyers: 144
Sellers: 58
Total Bought: +$180.7M
Total Sold: −$76.1M
Avg Position: $2.3M

Biggest Buyers

Institution	Net Bought	Current Position
DEERFIELD MANAGEMENT CO /NY Hedge Fund•Long/Short	+$38.7M +3.3M shares	$38.7M 3.3M shares
Marshall Wace LLP Institution	+$10.4M +893.5K shares	$40.4M 3.5M shares
UBS Group AG Institution	+$9.5M +815.0K shares	$12.7M 1.1M shares
J Jump Financial, LLC Institution	+$9.0M +774.1K shares	$9.0M 774.1K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	+$6.6M +564.7K shares	$7.6M 652.0K shares
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	+$6.0M +513.0K shares	$14.7M 1.3M shares
Deep Track Capital, LP Hedge Fund•Long/Short	+$5.8M +500.0K shares	$5.8M 500.0K shares
R ROYCE & ASSOCIATES LLC Institution	+$5.1M +441.3K shares	$5.1M 441.3K shares
Q Qube Research & Technologies Ltd Institution	+$4.9M +422.3K shares	$7.4M 637.5K shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	+$4.5M +389.0K shares	$6.8M 584.5K shares

Biggest Sellers

Institution	Net Sold	Current Position
Ghisallo Capital Management LLC Hedge Fund•Multi-Strategy	−$9.2M −750.0K shares	Sold Off 0 shares
N Nuveen, LLC Institution	−$9.0M −773.0K shares	$8.1M 695.7K shares
Frigate Ventures LP RIA/Wealth	−$8.9M −725.0K shares	Sold Off 0 shares
Trexquant Investment LP Hedge Fund•Quant	−$5.2M −450.0K shares	$3.0M 258.0K shares
C Cubist Systematic Strategies, LLC Institution	−$5.1M −415.2K shares	Sold Off 0 shares
VANGUARD GROUP INC Institution	−$4.0M −347.9K shares	$46.3M 4.0M shares
DRIEHAUS CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	−$3.8M −307.2K shares	Sold Off 0 shares
Portolan Capital Management, LLC Hedge Fund•Long/Short	−$3.5M −283.7K shares	Sold Off 0 shares
EAM Global Investors LLC Long Only Manager	−$3.1M −249.3K shares	Sold Off 0 shares
D D. E. Shaw & Co., Inc. Institution	−$2.7M −219.8K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited CRMD in Q3 2025

New Positions: 37
New Value: $68.9M
Exited Positions: 31
Exited Value: $50.6M

New Positions

Institution	Position Value
DEERFIELD MANAGEMENT CO /NY Hedge Fund•Long/Short	$38.7M 3.3M shares
Deep Track Capital, LP Hedge Fund•Long/Short	$5.8M 500.0K shares
R ROYCE & ASSOCIATES LLC Institution	$5.1M 441.3K shares
S Swedbank AB Institution	$2.9M 250.0K shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	$2.7M 235.3K shares
A Assenagon Asset Management S.A. Institution	$2.6M 224.1K shares
C Coppell Advisory Solutions LLC RIA/Wealth	$1.7M 145.4K shares
Aquatic Capital Management LLC Hedge Fund•Quant	$1.7M 148.1K shares
Y Y-Intercept Ltd Institution	$1.5M 130.2K shares
O OMERS ADMINISTRATION Corp Institution	$915.3K 78.7K shares

Exited Positions

Institution	Previous Position
Ghisallo Capital Management LLC Hedge Fund•Multi-Strategy	$9.2M 750.0K shares
Frigate Ventures LP RIA/Wealth	$8.9M 725.0K shares
C Cubist Systematic Strategies, LLC Institution	$5.1M 415.2K shares
DRIEHAUS CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	$3.8M 307.2K shares
Portolan Capital Management, LLC Hedge Fund•Long/Short	$3.5M 283.7K shares
EAM Global Investors LLC Long Only Manager	$3.1M 249.3K shares
D D. E. Shaw & Co., Inc. Institution	$2.7M 219.8K shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	$2.3M 188.1K shares
A ADAR1 Capital Management, LLC Hedge Fund•Long/Short	$2.2M 175.0K shares
EAM Investors, LLC Long Only Manager	$2.0M 158.6K shares

Options Activity

Institutions with the largest Call and Put options positions in CRMD as of Q3 2025

Call Positions: 4
Call Value: $15.5M
Put Positions: 5
Put Value: $15.1M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$12.6M 10.9K contracts
J JANE STREET GROUP, LLC Institution	$1.5M 1.3K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.4M 1.2K contracts
W WOLVERINE TRADING, LLC Institution	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$9.4M 8.1K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$3.8M 3.2K contracts
DIADEMA PARTNERS LP Hedge Fund•Long/Short	$1.2M 1.0K contracts
J JANE STREET GROUP, LLC Institution	$849.0K 730.0 contracts
W WOLVERINE TRADING, LLC Institution	- - contracts

Most Committed Institutions

Institutions with CRMD as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
October Effect Ltd RIA/Wealth	Frank David Tehel Managing Partner	5.40% $4.9M	0.56% 420.6K shares	Q2 2025 Held for 6 months	$90.6M
Palisades Investment Partners, LLC RIA/Wealth	Quinn R. Stills Managing Partner	2.58% $6.6M	0.76% 564.1K shares	Q4 2024 Held for 1 year	$254.6M
Wingate Wealth Advisors, Inc. RIA/Wealth	Richard Carl Byron COO	1.04% $1.5M	0.17% 129.5K shares	Q4 2024 Held for 1 year	$144.4M
H HUSSMAN STRATEGIC ADVISORS, INC. Institution	John Peter Hussman President	0.80% $3.7M	0.42% 315.0K shares	Q2 2025 Held for 6 months	$458.6M
DEERFIELD MANAGEMENT CO /NY Hedge Fund•Long/Short	James Edward Flynn President	0.64% $38.7M	4.45% 3.3M shares	Q3 2025 Held for 3 months	$6.0B
C Corton Capital Inc. Institution	-	0.56% $228.7K	0.03% 19.7K shares	Q2 2025 Held for 6 months	$40.6M
OBERWEIS ASSET MANAGEMENT INC/ Long Only Manager	James Walter Oberweis President	0.35% $9.1M	1.05% 785.7K shares	Q1 2025 Held for 9 months	$2.6B
PLANNING DIRECTIONS INC RIA/Wealth	William Francis Muller CEO	0.30% $581.5K	0.07% 50.0K shares	Q3 2019 Held for 6y 3m	$191.6M
Diametric Capital, LP Hedge Fund•Long/Short	David Richard Salvietti COO	0.24% $638.6K	0.07% 54.9K shares	Q1 2025 Held for 9 months	$264.8M
S SHERBROOKE PARK ADVISERS LLC Hedge Fund•Quant	Kun Gao Founder	0.23% $497.2K	0.06% 42.8K shares	Q2 2025 Held for 6 months	$215.3M