Lucid Diagnostics

LUCD • NASDAQ

Lucid Diagnostics is a medical - devices company in the healthcare sector on NASDAQ, led by Lishan Aklog, M.D., with a market cap of $152.1M. As of Q3 2025, 34% of shares are held by 83 institutional investors, with VANGUARD GROUP INC as the largest holder at 4.44%.

Chairman and Chief Executive OfficerLishan Aklog, M.D.

Market Cap$152.1M

Medical - Devices

Healthcare

Employees70.0

Websiteluciddx.com

Country

United States of America

Overview

Overview of institutional ownership in LUCD as of Q3 2025 with a market cap of $102.9M

All Institutions

Institutions: 83
Value Held: $35.5M
Shares Held: 35.1M
Avg Position: $427.8K
Median Position: $29.6K

Hedge Funds

Hedge Funds: 11
Value Held: $15.9M
Shares Held: 15.8M
Avg Position: $1.4M
Median Position: $921.9K

Ownership Breakdown

Institutional (non-HF)

19.04%

$19.6M

Hedge Funds

15.46%

$15.9M

Retail & Other

65.5%

$67.4M

Based on market cap of $102.9M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in LUCD as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$4.6M 0.00% of portfolio	4.44% 4.5M shares	Q4 2021 Held for 3y 11m	$6.69T
M MASTERS CAPITAL MANAGEMENT LLC Hedge Fund•Long/Short	Michael Willingham Masters CEO	$4.0M 0.77% of portfolio	3.92% 4.0M shares	Q1 2025 Held for 8 months	$521.3M
B BlackRock, Inc. Institution	-	$3.7M 0.00% of portfolio	3.60% 3.7M shares	Q4 2021 Held for 3y 11m	$5.67T
T Two Seas Capital LP Hedge Fund•Event Driven	Sina Nmn Toussi CIO	$3.0M 0.18% of portfolio	2.94% 3.0M shares	Q3 2025 Held for 2 months	$1.7B
A AWM Investment Company, Inc. Hedge Fund•Event Driven	David Michael Greenhouse President	$3.0M 0.28% of portfolio	2.93% 3.0M shares	Q3 2025 Held for 2 months	$1.1B
Ghisallo Capital Management LLC Hedge Fund•Multi-Strategy	Michael Walter Germino CEO	$3.0M 0.17% of portfolio	2.91% 3.0M shares	Q1 2025 Held for 8 months	$1.7B
S Standard Life Aberdeen plc Institution	-	$2.5M 0.00% of portfolio	2.45% 2.5M shares	Q3 2025 Held for 2 months	$63.2B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$1.7M 0.00% of portfolio	1.64% 1.7M shares	Q4 2021 Held for 3y 11m	$1.57T
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	Anand Christopher Parekh CEO	$1.4M 0.00% of portfolio	1.36% 1.4M shares	Q1 2025 Held for 8 months	$33.0B
PERKINS CAPITAL MANAGEMENT INC RIA/Wealth	Harry Allen Lee Lindberg President	$1.1M 1.00% of portfolio	1.11% 1.1M shares	Q3 2025 Held for 2 months	$113.5M

Net Capital Flow

Institutional buying and selling activity for LUCD in Q3 2025

Traded: +$16.2M
Buyers: 54
Sellers: 22
Total Bought: +$17.4M
Total Sold: −$1.2M
Avg Position: $377.7K

Biggest Buyers

Institution	Net Bought	Current Position
T Two Seas Capital LP Hedge Fund•Event Driven	+$3.0M +3.0M shares	$3.0M 3.0M shares
A AWM Investment Company, Inc. Hedge Fund•Event Driven	+$3.0M +3.0M shares	$3.0M 3.0M shares
Ghisallo Capital Management LLC Hedge Fund•Multi-Strategy	+$3.0M +3.0M shares	$3.0M 3.0M shares
S Standard Life Aberdeen plc Institution	+$2.5M +2.5M shares	$2.5M 2.5M shares
M MASTERS CAPITAL MANAGEMENT LLC Hedge Fund•Long/Short	+$1.3M +1.3M shares	$4.0M 4.0M shares
PERKINS CAPITAL MANAGEMENT INC RIA/Wealth	+$1.1M +1.1M shares	$1.1M 1.1M shares
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	+$651.3K +644.8K shares	$1.4M 1.4M shares
WELLS FARGO & COMPANY/MN Institution	+$492.3K +487.5K shares	$721.5K 714.3K shares
VANGUARD GROUP INC Institution	+$400.7K +396.7K shares	$4.6M 4.5M shares
STATE STREET CORP Institution	+$398.7K +394.7K shares	$1.0M 1.0M shares

Biggest Sellers

Institution	Net Sold	Current Position
MORGAN STANLEY RIA/Wealth	−$372.6K −368.9K shares	$98.7K 97.7K shares
N Nuveen, LLC Institution	−$154.6K −153.0K shares	$91.1K 90.2K shares
Gotham Asset Management, LLC Hedge Fund•Long/Short	−$135.9K −14.9K shares	Sold Off 0 shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$97.1K −84.4K shares	Sold Off 0 shares
S Squarepoint Ops LLC Hedge Fund•Quant	−$95.8K −94.8K shares	$17.6K 17.4K shares
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	−$87.7K −76.3K shares	Sold Off 0 shares
Parallel Advisors, LLC RIA/Wealth	−$46.0K −40.0K shares	Sold Off 0 shares
Graham Capital Management, L.P. Hedge Fund•Multi-Strategy	−$34.4K −30.0K shares	Sold Off 0 shares
Q Quadrature Capital Ltd Institution	−$28.7K −24.9K shares	Sold Off 0 shares
NORTHERN TRUST CORP Institution	−$25.9K −25.7K shares	$508.8K 503.7K shares

Entry and Exit Activity

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

New Positions: 19
New Value: $9.9M
Exited Positions: 11
Exited Value: $456.8K

New Positions

Institution	Position Value
T Two Seas Capital LP Hedge Fund•Event Driven	$3.0M 3.0M shares
A AWM Investment Company, Inc. Hedge Fund•Event Driven	$3.0M 3.0M shares
S Standard Life Aberdeen plc Institution	$2.5M 2.5M shares
PERKINS CAPITAL MANAGEMENT INC RIA/Wealth	$1.1M 1.1M shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	$81.5K 80.7K shares
P Police & Firemen's Retirement System of New Jersey Institution	$31.0K 30.7K shares
S SG Americas Securities, LLC Institution	$26.3K 26.1K shares
S SPROTT INC. Institution	$25.3K 25.0K shares
Centiva Capital, LP Hedge Fund•Multi-Strategy	$25.2K 24.9K shares
J Jump Financial, LLC Institution	$17.3K 17.1K shares

Exited Positions

Institution	Previous Position
Gotham Asset Management, LLC Hedge Fund•Long/Short	$135.9K 14.9K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$97.1K 84.4K shares
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	$87.7K 76.3K shares
Parallel Advisors, LLC RIA/Wealth	$46.0K 40.0K shares
Graham Capital Management, L.P. Hedge Fund•Multi-Strategy	$34.4K 30.0K shares
Q Quadrature Capital Ltd Institution	$28.7K 24.9K shares
V Virtu Financial LLC Institution	$13.0K 11.3K shares
Alpha Cubed Investments, LLC RIA/Wealth	$11.5K 10.0K shares
TWIN PEAKS WEALTH ADVISORS, LLC RIA/Wealth	$1.5K 1.5K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$910.0 791.0 shares

Options Activity

Institutions with the largest Call and Put options positions in LUCD 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 LUCD as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
PERKINS CAPITAL MANAGEMENT INC RIA/Wealth	Harry Allen Lee Lindberg President	1.00% $1.1M	1.11% 1.1M shares	Q3 2025 Held for 2 months	$113.5M
LUMINUS MANAGEMENT LLC Hedge Fund•Sector	Jonathan Dan Barrett CEO	0.83% $921.9K	0.90% 912.8K shares	Q4 2021 Held for 3y 11m	$110.9M
M MASTERS CAPITAL MANAGEMENT LLC Hedge Fund•Long/Short	Michael Willingham Masters CEO	0.77% $4.0M	3.92% 4.0M shares	Q1 2025 Held for 8 months	$521.3M
A AWM Investment Company, Inc. Hedge Fund•Event Driven	David Michael Greenhouse President	0.28% $3.0M	2.93% 3.0M shares	Q3 2025 Held for 2 months	$1.1B
T Two Seas Capital LP Hedge Fund•Event Driven	Sina Nmn Toussi CIO	0.18% $3.0M	2.94% 3.0M shares	Q3 2025 Held for 2 months	$1.7B
Ghisallo Capital Management LLC Hedge Fund•Multi-Strategy	Michael Walter Germino CEO	0.17% $3.0M	2.91% 3.0M shares	Q1 2025 Held for 8 months	$1.7B
Sunbelt Securities, Inc. RIA/Wealth	David Anthony Smetek President	0.03% $387.8K	0.38% 384.0K shares	Q4 2024 Held for 11 months	$1.4B
XML Financial, LLC RIA/Wealth	Brett Shane Bernstein CEO	0.01% $180.6K	0.18% 178.8K shares	Q1 2025 Held for 8 months	$1.2B
SCRATCH CAPITAL LLC RIA/Wealth	Andrew Michael Lunt Managing Partner	0.01% $21.2K	0.02% 21.0K shares	Q4 2024 Held for 11 months	$148.2M
YARGER WEALTH STRATEGIES, LLC RIA/Wealth	Jonathan Laird Yarger CEO	0.01% $17.3K	0.02% 17.1K shares	Q2 2025 Held for 5 months	$215.0M

Hedge Fund Spotlight

Discover hedge funds investing in LUCD

Two Seas Capital LP

Hedge Fund • Event Driven

Portfolio ManagerSina Nmn Toussi

Portfolio Value: $1.7B
Positions: 32
Last Reported: Q3 2025

Sector Allocation

Position in Lucid Diagnostics

Market Value: $3.0M
Shares Held: 3.0M
Portfolio Weight: 0.18%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Core Scientific, Inc. CORZ	Software - Infrastructure Technology	$275.6M	16.57%
2 Indivior INDV	Drug Manufacturers - Specialty & Generic Healthcare	$253.3M	15.22%
3 Roivant Sciences ROIV	Biotechnology Healthcare	$177.8M	10.69%