KORU Medical Systems

KRMD • NASDAQ

KORU Medical Systems is a medical - instruments & supplies company in the healthcare sector on NASDAQ, led by Linda Tharby, with a market cap of $267.7M. As of Q3 2025, 44% of shares are held by 77 institutional investors, with First Light Asset Management, LLC as the largest holder at 9.79%.

President and Chief Executive OfficerLinda Tharby

Market Cap$267.7M

Medical - Instruments & Supplies

Healthcare

Employees82.0

Websitekorumedical.com

Country

United States of America

Overview

Overview of institutional ownership in KRMD as of Q3 2025 with a market cap of $177.1M

All Institutions

Institutions: 77
Value Held: $77.0M
Shares Held: 20.1M
Avg Position: $1.0M
Median Position: $82.3K

Hedge Funds

Hedge Funds: 8
Value Held: $34.7M
Shares Held: 9.0M
Avg Position: $4.3M
Median Position: $246.1K

Ownership Breakdown

Institutional (non-HF)

23.94%

$42.4M

Hedge Funds

19.57%

$34.7M

Retail & Other

56.49%

$100.0M

Based on market cap of $177.1M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in KRMD as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
First Light Asset Management, LLC Hedge Fund•Sector	Mathew Paul Arens CEO	$17.3M 1.63% of portfolio	9.79% 4.5M shares	Q4 2018 Held for 6y 11m	$1.1B
Topline Capital Management, LLC Hedge Fund•Long/Short	Collin Mcbirney Managing Partner	$14.0M 2.67% of portfolio	7.89% 3.6M shares	Q4 2024 Held for 11 months	$523.6M
VANGUARD GROUP INC Institution	Salim Ramji CEO	$8.2M 0.00% of portfolio	4.64% 2.1M shares	Q4 2019 Held for 5y 11m	$6.69T
B BlackRock, Inc. Institution	-	$8.2M 0.00% of portfolio	4.63% 2.1M shares	Q4 2019 Held for 5y 11m	$5.67T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$3.9M 0.00% of portfolio	2.18% 1.0M shares	Q4 2019 Held for 5y 11m	$1.57T
Meros Investment Management, LP Long Only Manager	Kenneth Scott Canon CEO	$3.3M 1.39% of portfolio	1.84% 848.9K shares	Q4 2021 Held for 3y 11m	$234.2M
E Empire Financial Management Company, LLC RIA/Wealth	Anthony V Manory CIO	$3.2M 0.72% of portfolio	1.78% 824.5K shares	Q1 2023 Held for 2y 8m	$436.5M
A Acuitas Investments, LLC Fund of Funds	Lisa Marie Thenell COO	$2.9M 1.88% of portfolio	1.65% 763.1K shares	Q2 2025 Held for 5 months	$155.8M
Archon Capital Management LLC Hedge Fund•Long/Short	Constantinos John Christofilis Managing Partner	$2.7M 1.60% of portfolio	1.51% 700.1K shares	Q2 2021 Held for 4y 5m	$167.6M
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$1.7M 0.00% of portfolio	0.98% 454.5K shares	Q2 2020 Held for 5y 5m	$2.88T

Net Capital Flow

Institutional buying and selling activity for KRMD in Q3 2025

Traded: +$3.0M
Buyers: 35
Sellers: 27
Total Bought: +$7.3M
Total Sold: −$4.3M
Avg Position: $885.6K

Biggest Buyers

Institution	Net Bought	Current Position
E Empire Financial Management Company, LLC RIA/Wealth	+$3.2M +824.5K shares	$3.2M 824.5K shares
A Acuitas Investments, LLC Fund of Funds	+$1.4M +360.6K shares	$2.9M 763.1K shares
B BlackRock, Inc. Institution	+$998.6K +260.7K shares	$8.2M 2.1M shares
STATE STREET CORP Institution	+$230.8K +60.3K shares	$1.7M 454.5K shares
VANGUARD GROUP INC Institution	+$230.2K +60.1K shares	$8.2M 2.1M shares
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	+$212.6K +55.5K shares	$216.9K 56.6K shares
Topline Capital Management, LLC Hedge Fund•Long/Short	+$152.8K +39.9K shares	$14.0M 3.6M shares
GOLDMAN SACHS GROUP INC Institution	+$142.2K +37.1K shares	$489.7K 127.9K shares
Connor, Clark & Lunn Investment Management Ltd. Long Only Manager	+$134.2K +35.0K shares	$450.6K 117.7K shares
MORGAN STANLEY RIA/Wealth	+$131.7K +34.4K shares	$1.3M 334.2K shares

Biggest Sellers

Institution	Net Sold	Current Position
R RBF Capital, LLC Institution	−$1.3M −357.4K shares	Sold Off 0 shares
First Light Asset Management, LLC Hedge Fund•Sector	−$589.4K −153.9K shares	$17.3M 4.5M shares
ALBION FINANCIAL GROUP /UT RIA/Wealth	−$536.2K −140.0K shares	$828.7K 216.4K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$374.5K −104.6K shares	Sold Off 0 shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$296.4K −82.8K shares	Sold Off 0 shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$193.2K −54.0K shares	Sold Off 0 shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$167.9K −43.8K shares	$50.6K 13.2K shares
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	−$152.5K −39.8K shares	$75.5K 19.7K shares
Marshall Wace LLP Institution	−$121.7K −34.0K shares	Sold Off 0 shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	−$107.4K −30.0K shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 3
New Value: $78.5K
Exited Positions: 10
Exited Value: $2.6M

New Positions

Institution	Position Value
Sontag Advisory, LLC RIA/Wealth	$78.2K 20.4K shares
SRS Capital Advisors, Inc. RIA/Wealth	$172.0 45.0 shares
IFP Advisors, Inc RIA/Wealth	$54.0 14.1 shares

Exited Positions

Institution	Previous Position
R RBF Capital, LLC Institution	$1.3M 357.4K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	$374.5K 104.6K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$296.4K 82.8K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$193.2K 54.0K shares
Marshall Wace LLP Institution	$121.7K 34.0K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$107.4K 30.0K shares
OCCUDO QUANTITATIVE STRATEGIES LP Hedge Fund•Market Neutral	$74.9K 20.9K shares
LAZARD ASSET MANAGEMENT LLC Long Only Manager	$59.6K 16.7K shares
REGIONS FINANCIAL CORP Institution	$58.9K 16.4K shares
ING INVESTMENT MANAGEMENT LLC Insurance Manager	$49.7K 13.9K shares

Options Activity

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

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Topline Capital Management, LLC Hedge Fund•Long/Short	Collin Mcbirney Managing Partner	2.67% $14.0M	7.89% 3.6M shares	Q4 2024 Held for 11 months	$523.6M
A Acuitas Investments, LLC Fund of Funds	Lisa Marie Thenell COO	1.88% $2.9M	1.65% 763.1K shares	Q2 2025 Held for 5 months	$155.8M
First Light Asset Management, LLC Hedge Fund•Sector	Mathew Paul Arens CEO	1.63% $17.3M	9.79% 4.5M shares	Q4 2018 Held for 6y 11m	$1.1B
Archon Capital Management LLC Hedge Fund•Long/Short	Constantinos John Christofilis Managing Partner	1.60% $2.7M	1.51% 700.1K shares	Q2 2021 Held for 4y 5m	$167.6M
Meros Investment Management, LP Long Only Manager	Kenneth Scott Canon CEO	1.39% $3.3M	1.84% 848.9K shares	Q4 2021 Held for 3y 11m	$234.2M
E Empire Financial Management Company, LLC RIA/Wealth	Anthony V Manory CIO	0.72% $3.2M	1.78% 824.5K shares	Q1 2023 Held for 2y 8m	$436.5M
WHITE PINE CAPITAL LLC RIA/Wealth	Michael Scott Wallace President	0.25% $863.7K	0.49% 225.5K shares	Q3 2023 Held for 2y 2m	$349.2M
H HighMark Wealth Management LLC RIA/Wealth	Todd Edward Arens Managing Partner	0.20% $463.2K	0.26% 120.9K shares	Q4 2019 Held for 5y 11m	$227.1M
Lakewood Asset Management LLC RIA/Wealth	Todd J Mick CCO	0.17% $275.5K	0.16% 71.9K shares	Q4 2022 Held for 2y 11m	$163.0M
ALBION FINANCIAL GROUP /UT RIA/Wealth	John Quincy Bird CEO	0.05% $828.7K	0.47% 216.4K shares	Q2 2021 Held for 4y 5m	$1.7B

Hedge Fund Spotlight

Discover hedge funds investing in KRMD

GSA CAPITAL PARTNERS LLP

Hedge Fund • Quant

Portfolio ManagerDavid Khabie-Zeitoune

Portfolio Value: $1.1B
Positions: 1,504
Last Reported: Q3 2025

Sector Allocation

Position in KORU Medical Systems

Market Value: $75.5K
Shares Held: 19.7K
Portfolio Weight: 0.01%
Owned Since: 2025-Q2

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