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Carlsmed, Inc.

CARL
Exchange
Nasdaq
Industry
Surgical & Medical Instruments & Apparatus
SEC CIK
0001794546

In the last 90 days, Carlsmed, Inc. insiders filed 1 open-market purchase and 0 sales; 74 institutions reported holding it in 13F filings for Q2 2026, worth $59.3M in total; no superinvestor holds it.

13F holders, Q1 2026

Institutional positions in Carlsmed, Inc. as of Mar 31, 2026. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
66
+11 vs. Q4 2025
Shares held
5.30M
+1.05M (+24.8%) vs. Q4 2025
Total value
$48.0M
−$4.46M (−8.5%) vs. Q4 2025
New holders
21
16 more added
Sold out
10
18 more reduced

2 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting CARL on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2026: 66 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 0 institutionsQ1 2022: 0 institutionsQ2 2022: 0 institutionsQ3 2022: 0 institutionsQ4 2022: 0 institutionsQ1 2023: 0 institutionsQ2 2023: 0 institutionsQ3 2023: 0 institutionsQ4 2023: 0 institutionsQ1 2024: 0 institutionsQ2 2024: 0 institutionsQ3 2024: 0 institutionsQ4 2024: 0 institutionsQ1 2025: 0 institutionsQ2 2025: 0 institutionsQ3 2025: 48 institutionsQ4 2025: 57 institutionsQ1 2026: 66 institutionsQ2 2026: 74 institutions
Value heldQ1 2026: $48.0M
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $0Q1 2022: $0Q2 2022: $0Q3 2022: $0Q4 2022: $0Q1 2023: $0Q2 2023: $0Q3 2023: $0Q4 2023: $0Q1 2024: $0Q2 2024: $0Q3 2024: $0Q4 2024: $0Q1 2025: $0Q2 2025: $0Q3 2025: $62.4MQ4 2025: $57.7MQ1 2026: $48.0MQ2 2026: $59.3M
Institutions holding CARL and their total value by quarter
QuarterHoldersValue
Q2 202674$59.3M
Q1 202666$48.0M
Q4 202557$57.7M
Q3 202548$62.4M
Q2 20250$0
Q1 20250$0
Q4 20240$0
Q3 20240$0
Q2 20240$0
Q1 20240$0
Q4 20230$0
Q3 20230$0
Q2 20230$0
Q1 20230$0
Q4 20220$0
Q3 20220$0
Q2 20220$0
Q1 20220$0
Q4 20210$0
Q3 20210$0
Q2 20210$0
Q1 20210$0

Institutions, Q1 2026

Shares, value and share of portfolio for each institution holding Carlsmed, Inc.; share changes are against Q4 2025.

Institutions holding CARL in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
OrbiMed Advisors LLC1,252,600$11.3M0.26%00.0%Unchanged
Janus Henderson Group PLC1,227,452$11.1M0.01%+86,834+7.6%Added
Parkman Healthcare Partners LLC521,123$4.72M0.49%+521,123New
BlackRock, Inc.446,892$4.04M0.00%+19,418+4.5%Added
Schonfeld Strategic Advisors LLC283,180$2.56M0.02%+283,180New
Vanguard Capital Management LLC276,131$2.50M0.00%+276,131New
KCM Capital Inc200,000$1.81M0.34%+200,000New
Geode Capital Management, LLC193,173$1.75M0.00%+31,140+19.2%Added
Russell Investments Group, Ltd.159,291$1.44M0.00%−947−0.6%Reduced
State Street Corp113,717$1.03M0.00%+44,776+64.9%Added
Northern Trust Corp54,476$493.0K0.00%+3,776+7.4%Added
Kornitzer Capital Management Inc53,432$483.6K0.01%−1,803−3.3%Reduced
Burkehill Global Management, LP50,000$452.5K0.02%00.0%Unchanged
Vanguard Portfolio Management LLC47,644$431.2K0.00%+47,644New
Vanguard Fiduciary Trust Co45,399$410.9K0.00%+45,399New
Citadel Advisors LLC44,595$403.6K0.00%+44,595New
Wesbanco Bank Inc37,000$334.9K0.01%00.0%Unchanged
Boston Partners25,201$228.1K0.00%−899−3.4%Reduced
XTX Topco Ltd24,738$223.9K0.00%+24,738New
Goldman Sachs Group Inc22,638$204.9K0.00%+9,038+66.5%Added
TD Waterhouse Canada Inc.20,000$192.0K0.00%−155,405−88.6%Reduced
Charles Schwab Investment Management Inc16,775$151.8K0.00%00.0%Unchanged
Bank of America Corp15,583$141.0K0.00%−5,553−26.3%Reduced
Mercer Global Advisors Inc15,093$136.6K0.00%−62−0.4%Reduced
Jane Street Group, LLC15,036$136.1K0.00%+15,036New
Quadrature Capital Ltd13,352$120.8K0.00%+13,352New
Bank of New York Mellon Corp13,105$118.6K0.00%+10.0%Added
Centiva Capital, LP12,745$115.3K0.01%+12,745New
Board of Trustees of The Leland Stanford Junior University12,516$113.3K0.01%−12,514−50.0%Reduced
HRT Financial LP12,337$111.0K0.00%+12,337New
Morgan Stanley11,426$103.4K0.00%−1,903−14.3%Reduced
Renaissance Technologies LLC10,400$94.1K0.00%−13,900−57.2%Reduced
UBS Group AG10,303$93.2K0.00%−383−3.6%Reduced
Deutsche Bank AG9,832$89.0K0.00%00.0%Unchanged
Rhumbline Advisers5,181$46.9K0.00%+762+17.2%Added
JPMorgan Chase & Co5,063$46.7K0.00%+1,813+55.8%Added
Vanguard Global Advisers, LLC3,577$32.4K0.00%+3,577New
Mirae Asset Global ETFs Holdings Ltd.3,348$30.3K0.00%+108+3.3%Added
Wells Fargo & Company3,333$30.2K0.00%−4,501−57.5%Reduced
BNP Paribas Arbitrage, SA2,567$23.2K0.00%+417+19.4%Added
New York State Common Retirement Fund1,800$16.3K0.00%00.0%Unchanged
Barclays PLC1,777$16.1K0.00%−8,856−83.3%Reduced
Tower Research Capital LLC (TRC)1,669$15.1K0.00%+637+61.7%Added
FMR LLC1,296$11.7K0.00%+989+322.1%Added
Police & Firemen's Retirement System of New Jersey1,258$11.4K0.00%00.0%Unchanged
US Bancorp600$5.43K0.00%+600New
Legal & General Group Plc579$5.26K0.00%−78−11.9%Reduced
Ameritas Investment Partners, Inc.565$5.11K0.00%00.0%Unchanged
Royal Bank of Canada572$5.00K0.00%−454−44.2%Reduced
California State Teachers Retirement System460$4.16K0.00%+43+10.3%Added
Citigroup Inc409$3.70K0.00%+222+118.7%Added
Jones Financial Companies LLLP380$3.67K0.00%00.0%Unchanged
GAMMA Investing LLC135$1.22K0.00%+135New
Sterling Capital Management LLC130$1.18K0.00%−49−27.4%Reduced
CWM, LLC59$5340.00%−108−64.7%Reduced
Sunrise Financial Services, LLC26$2350.00%+26New
Advisor Group Holdings, Inc.20$1810.00%00.0%Unchanged
Root Financial Partners, LLC15$1360.00%+15New
MAI Capital Management4$370.00%+4New
Essential Partners LLC4$360.00%+3+300.0%Added
Caitong International Asset Management Co., Ltd4$360.00%+4New
Advisory Services Network, LLC3$270.00%+3New
True Wealth Design, LLC2$190.00%−2−50.0%Reduced
Allworth Financial LP2$190.00%00.0%Unchanged
Farther Finance Advisors, LLC2$190.00%+2New
IFP Advisors, Inc1$90.00%−1−50.0%Reduced
Teacher Retirement System of Texas0$00.00%−175,000−100.0%Sold out
Millennium Management LLC0$00.00%−128,970−100.0%Sold out
Ghisallo Capital Management LLC0$00.00%−50,000−100.0%Sold out
Sectoral Asset Management Inc0$00.00%−47,700−100.0%Sold out
Cohen & Steers, Inc.0$00.00%−20,000−100.0%Sold out
Janney Montgomery Scott LLC0$00.00%−15,800−100.0%Sold out
STRS Ohio0$00.00%−1,200−100.0%Sold out
iA Global Asset Management Inc.0$00.00%−1,000−100.0%Sold out
Amalgamated Bank0$00.00%−213−100.0%Sold out
EverSource Wealth Advisors, LLC0$00.00%−5−100.0%Sold out
Vanguard Group Inc––––Not filed
Norges Bank––––Not filed