Spectral AI, Inc.
MDAI • NASDAQ
Spectral AI, Inc. is a medical - devices company in the healthcare sector on NASDAQ, led by Peter M. Carlson, with a market cap of $46.0M. As of Q3 2025, 11% of shares are held by 25 institutional investors, with Highlander Partners, L.P. as the largest holder at 3.37%.
Chief Executive OfficerPeter M. Carlson
Market Cap$46.0M
Medical - Devices
Healthcare
Employees78.0
Websitespectralmd.com
Country
United States of America
Overview
Overview of institutional ownership in MDAI as of Q3 2025 with a market cap of $60.9M
All Institutions
- Institutions
- 25
- Value Held
- $6.7M
- Shares Held
- 2.9M
- Avg Position
- $268.8K
- Median Position
- $90.3K
Hedge Funds
- Hedge Funds
- 0
- Value Held
- -
- Shares Held
- -
- Avg Position
- -
- Median Position
- -
Ownership Breakdown
Based on market cap of $60.9M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in MDAI as of Q3 2025
| Institution | Position Value |
|---|---|
H Highlander Partners, L.P. Institution | $2.1M 0.72% of portfolio |
 VANGUARD GROUP INC Institution | $1.4M 0.00% of portfolio |
U UNIVERSITY OF TEXAS INVESTMENT MANAGMENT CO Institution | $479.9K 0.07% of portfolio |
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager | $453.7K 0.01% of portfolio |
 UBS Group AG Institution | $423.3K 0.00% of portfolio |
 GEODE CAPITAL MANAGEMENT LLC ETF Provider | $415.0K 0.00% of portfolio |
 Marshall Wace LLP Institution | $331.7K 0.00% of portfolio |
B BlackRock, Inc. Institution | $245.9K 0.00% of portfolio |
R Rathbone Brothers plc RIA/Wealth | $203.3K 0.00% of portfolio |
D DnB Asset Management AS Institution | $168.0K 0.00% of portfolio |
Net Capital Flow
Institutional buying and selling activity for MDAI in Q3 2025
- Traded
- −$2.2M
- Buyers
- 11
- Sellers
- 13
- Total Bought
- +$776.4K
- Total Sold
- −$2.9M
- Avg Position
- $224.0K
Biggest Buyers
| Institution | Net Bought |
|---|---|
Marshall Wace LLP Institution | +$235.8K +103.4K shares |
B BlackRock, Inc. Institution | +$153.8K +67.5K shares |
 Forum Financial Management, LP RIA/Wealth | +$82.6K +36.2K shares |
D DnB Asset Management AS Institution | +$70.0K +30.7K shares |
GEODE CAPITAL MANAGEMENT LLC ETF Provider | +$66.1K +29.0K shares |
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager | +$57.0K +25.0K shares |
UBS Group AG Institution | +$28.4K +12.5K shares |
P Philip James Wealth Mangement, LLC Institution | +$27.4K +12.0K shares |
Q Quadrature Capital Ltd Institution | +$27.3K +11.9K shares |
 RAYMOND JAMES FINANCIAL INC RIA/Wealth | +$26.9K +11.8K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
S STIFEL FINANCIAL CORP Long Only Manager | −$1.9M −758.6K shares |
R Rathbone Brothers plc RIA/Wealth | −$784.3K −344.0K shares |
X XTX Topco Ltd Institution | −$123.1K −49.6K shares |
J JANE STREET GROUP, LLC Institution | −$73.7K −29.7K shares |
VANGUARD GROUP INC Institution | −$22.3K −9.8K shares |
S Shay Capital LLC Institution | −$19.9K −8.7K shares |
 Worth Asset Management, LLC RIA/Wealth | −$14.6K −6.4K shares |
A Advisor Group Holdings, Inc. Institution | −$5.8K −3.0K shares |
T Tower Research Capital LLC Institution | −$5.0K −2.0K shares |
R ROYAL BANK OF CANADA Institution | −$3.4K −1.4K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited MDAI in Q3 2025
- New Positions
- 1
- New Value
- $27.4K
- Exited Positions
- 5
- Exited Value
- $2.1M
New Positions
| Institution | Position Value |
|---|---|
P Philip James Wealth Mangement, LLC Institution | $27.4K 12.0K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
S STIFEL FINANCIAL CORP Long Only Manager | $1.9M 758.6K shares |
X XTX Topco Ltd Institution | $123.1K 49.6K shares |
J JANE STREET GROUP, LLC Institution | $73.7K 29.7K shares |
T Tower Research Capital LLC Institution | $5.0K 2.0K shares |
R ROYAL BANK OF CANADA Institution | $3.4K 1.4K shares |
Options Activity
Institutions with the largest Call and Put options positions in MDAI 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 MDAI as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
H Highlander Partners, L.P. Institution | 0.72% $2.1M |
U UNIVERSITY OF TEXAS INVESTMENT MANAGMENT CO Institution | 0.07% $479.9K |
S Shay Capital LLC Institution | 0.02% $93.2K |
Worth Asset Management, LLC RIA/Wealth | 0.01% $27.1K |
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager | 0.01% $453.7K |
P Philip James Wealth Mangement, LLC Institution | 0.00% $27.4K |
Forum Financial Management, LP RIA/Wealth | 0.00% $137.9K |
 Westside Investment Management, Inc. RIA/Wealth | 0.00% $6.0K |
R Rathbone Brothers plc RIA/Wealth | 0.00% $203.3K |
D DnB Asset Management AS Institution | 0.00% $168.0K |