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Spectral AI, Inc.

MDAI
Exchange
Nasdaq
Industry
Surgical & Medical Instruments & Apparatus
SEC CIK
0001833498

No open-market purchases or sales by Spectral AI, Inc. insiders were filed in the last 90 days; 34 institutions reported holding it in 13F filings for Q2 2026, worth $8.27M in total; no superinvestor holds it.

Other share classesMDAIW

13F holders, Q1 2026

Institutional positions in Spectral AI, 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
24
−2 vs. Q4 2025
Shares held
3.31M
−553.8K (−14.3%) vs. Q4 2025
Total value
$4.87M
−$621.1K (−11.3%) vs. Q4 2025
New holders
5
5 more added
Sold out
7
4 more reduced

1 institution 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 MDAI 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: 24 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: 9 institutionsQ4 2023: 15 institutionsQ1 2024: 25 institutionsQ2 2024: 22 institutionsQ3 2024: 23 institutionsQ4 2024: 28 institutionsQ1 2025: 26 institutionsQ2 2025: 26 institutionsQ3 2025: 24 institutionsQ4 2025: 27 institutionsQ1 2026: 24 institutionsQ2 2026: 34 institutions
Value heldQ1 2026: $4.87M
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $0Q1 2022: $0Q2 2022: $0Q3 2022: $0Q4 2022: $0Q1 2023: $0Q2 2023: $0Q3 2023: $21.1MQ4 2023: $4.48MQ1 2024: $6.20MQ2 2024: $4.63MQ3 2024: $3.60MQ4 2024: $9.55MQ1 2025: $4.11MQ2 2025: $9.44MQ3 2025: $6.69MQ4 2025: $6.69MQ1 2026: $4.87MQ2 2026: $8.27M
Institutions holding MDAI and their total value by quarter
QuarterHoldersValue
Q2 202634$8.27M
Q1 202624$4.87M
Q4 202527$6.69M
Q3 202524$6.69M
Q2 202526$9.44M
Q1 202526$4.11M
Q4 202428$9.55M
Q3 202423$3.60M
Q2 202422$4.63M
Q1 202425$6.20M
Q4 202315$4.48M
Q3 20239$21.1M
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 Spectral AI, Inc.; share changes are against Q4 2025.

Institutions holding MDAI in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Highlander Partners, L.P.900,000$1.32M0.52%00.0%Unchanged
Vanguard Capital Management LLC726,290$1.07M0.00%+726,290New
Geode Capital Management, LLC301,207$442.8K0.00%+84,649+39.1%Added
Jane Street Group, LLC221,001$324.9K0.00%+168,409+320.2%Added
University of Texas/Texas Am Investment Managment Co210,488$309.4K0.05%00.0%Unchanged
Bridgeway Capital Management, LLC199,000$292.5K0.01%00.0%Unchanged
Vanguard Fiduciary Trust Co141,796$208.4K0.00%+141,796New
BlackRock, Inc.122,254$179.7K0.00%+4,758+4.0%Added
UBS Group AG113,020$166.1K0.00%+10,444+10.2%Added
Rathbone Brothers plc87,045$128.0K0.00%−2,133−2.4%Reduced
State Street Corp75,600$111.1K0.00%00.0%Unchanged
Forum Financial Management, LP60,501$88.9K0.00%00.0%Unchanged
Northern Trust Corp32,098$47.2K0.00%00.0%Unchanged
XTX Topco Ltd27,088$39.8K0.00%+27,088New
Shay Capital LLC14,944$22.0K0.00%−25,919−63.4%Reduced
Citigroup Inc14,835$21.8K0.00%+14,835New
N.E.W. Advisory Services LLC14,000$20.6K0.00%00.0%Unchanged
Raymond James Financial Inc12,800$18.8K0.00%+12,800New
Philip James Wealth Mangement, LLC12,000$17.6K0.00%00.0%Unchanged
Morgan Stanley8,394$12.3K0.00%−7−0.1%Reduced
Wolverine Asset Management LLC6,489$9.54K0.00%+4,834+292.1%Added
Advisor Group Holdings, Inc.6,480$9.53K0.00%−1,500−18.8%Reduced
Westside Investment Management, Inc.2,650$3.90K0.00%00.0%Unchanged
GWM Advisors LLC1,700$2.50K0.00%00.0%Unchanged
Hudson Bay Capital Management LP0$00.00%−1,526,716−100.0%Sold out
DnB Asset Management AS0$00.00%−136,473−100.0%Sold out
Virtu Financial LLC0$00.00%−52,547−100.0%Sold out
Tower Research Capital LLC (TRC)0$00.00%−3,949−100.0%Sold out
Concord Wealth Partners0$00.00%−300−100.0%Sold out
Bank of America Corp0$00.00%−119−100.0%Sold out
SBI Securities Co., Ltd.0$00.00%−1−100.0%Sold out
Vanguard Group Inc––––Not filed