CARDIOL THERAPEUTICS INC CRDL
COM CL A · Common Stock · CUSIP 14161Y200
- SectorHealth care
- IndustryBiological Products, (No Diagnostic Substances)
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $1.36. Options: 4 managers hold calls ($177.3k notional), 1 hold puts ($0).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 27 |
| Q4 2022 | 33 |
| Q1 2023 | 36 |
| Q2 2023 | 34 |
| Q3 2023 | 36 |
| Q4 2023 | 33 |
| Q1 2024 | 36 |
| Q2 2024 | 42 |
| Q3 2024 | 42 |
| Q4 2024 | 44 |
| Q1 2025 | 39 |
| Q2 2025 | 39 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 16 | 9 |
| Q4 2023 | 8 | 11 |
| Q1 2024 | 10 | 10 |
| Q2 2024 | 22 | 11 |
| Q3 2024 | 16 | 19 |
| Q4 2024 | 21 | 17 |
| Q1 2025 | 18 | 18 |
| Q2 2025 | 16 | 18 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $193.9k | $22.4k | 0.12 |
| Q4 2024 | $188.3k | $4.9k | 0.03 |
| Q1 2025 | $155.5k | $1.6k | 0.01 |
| Q2 2025 | $177.3k | $0 | 0.00 |
Biggest buyers
| Tejara Capital Ltd | Added | +70.8k |
| MORGAN STANLEY | Added | +40.3k |
| ROYAL BANK OF CANADA | Added | +27.8k |
| MERCER GLOBAL ADVISORS INC /ADV | New | +22.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | +20.0k |
| GOLDMAN SACHS GROUP INC | Added | +18.3k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | New | +16.8k |
| BANK OF AMERICA CORP /DE/ | Added | +15.3k |
| LPL Financial LLC | New | +15.2k |
| MONECO ADVISORS, LLC | New | +15.0k |
Biggest sellers
| MMCAP International Inc. SPC | Reduced | -489.6k |
| UBS Group AG | Reduced | -358.6k |
| PVG ASSET MANAGEMENT CORP | Reduced | -153.9k |
| ENVESTNET ASSET MANAGEMENT INC | Reduced | -147.5k |
| AdvisorShares Investments LLC | Reduced | -125.1k |
| Cambridge Investment Research Advisors, Inc. | Reduced | -115.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Sold out | -55.0k |
| Atria Investments, Inc | Reduced | -42.7k |
| Virtu Financial LLC | Sold out | -16.0k |
| Evelyn Partners Investment Management LLP | Sold out | -10.0k |
Biggest calls
| SIMPLEX TRADING, LLC | Reduced | $107.0k79.0k shares |
| CITADEL ADVISORS LLC | Added | $51.1k37.6k shares |
| GROUP ONE TRADING LLC | Added | $19.2k14.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| MMCAP International Inc. SPC 13G · passive investor -0.3 pts · filed 2026-08-14 | 17.6% |
| Tejara Capital Ltd 13G · institution +0.1 pts · filed 2026-09-23 | 5.3% |
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| Tejara Capital Ltd 2.06% of their portfolio | 3.3m $4.4m | Added +70.8k |
| AdvisorShares Investments LLC 0.21% of their portfolio | 857.4k $1.2m | Reduced -125.1k |
| Lion Street Advisors, LLC 0.14% of their portfolio | 340.0k $461.1k | Added +6.3k |
| MMCAP International Inc. SPC 0.05% of their portfolio | 293.1k $398.6k | Reduced -489.6k |
| PVG ASSET MANAGEMENT CORP 1.31% of their portfolio | 283.5k $385.5k | Reduced -153.9k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 206.3k $280.0k | Reduced -115.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 181.7k $246.6k | Reduced -147.5k |
| UBS Group AG 0.00% of their portfolio | 139.2k $189.4k | Reduced -358.6k |
| Knoll Capital Management, LLC 0.10% of their portfolio | 100.0k $136.0k | Unchanged |
| MGO ONE SEVEN LLC 0.00% of their portfolio | 100.0k $136.0k | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 99.9k $135.8k | Added +40.3k |
| Atria Investments, Inc 0.00% of their portfolio | 96.3k $131.0k | Reduced -42.7k |
| Cetera Investment Advisers 0.00% of their portfolio | 60.0k $81.4k | Reduced -7.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 57.5k $78.2k | Added +18.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 52.4k $71.3k | Unchanged |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 50.0k $68.0k | Reduced -79 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 40.6k $56.0k | Added +27.8k |
| Marble Harbor Investment Counsel, LLC 0.01% of their portfolio | 39.9k $54.3k | Added +3.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 26.5k $36.0k | Added +15.3k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 22.6k $30.7k | New |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 21.1k $29.7k | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 20.0k $27.2k | New |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 16.8k $25.9k | New |
| LPL Financial LLC 0.00% of their portfolio | 15.2k $20.7k | New |
| Wealthspire Advisors, LLC 0.00% of their portfolio | 15.2k $20.6k | Unchanged |
| MONECO ADVISORS, LLC 0.00% of their portfolio | 15.0k $20.4k | New |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 14.2k $19.0k | New |
| Independent Advisor Alliance 0.00% of their portfolio | 10.0k $13.6k | Unchanged |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 9.2k $12.5k | Added +650 |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 7.7k $10.5k | Reduced -733 |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 6.9k $9.0k | Unchanged |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 6.2k $8.4k | New |
| VALLEY NATIONAL ADVISERS INC 0.00% of their portfolio | 5.0k $6.0k | Unchanged |
| Piscataqua Savings Bank 0.01% of their portfolio | 5.0k $10.2k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 4.0k $5.4k | Reduced -275 |
| SouthState Bank Corp 0.00% of their portfolio | 1.0k $1.4k | Unchanged |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 477 $649 | Added +2 |
| Painted Porch Advisors LLC 0.00% of their portfolio | 147 $200 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | Unchanged |