Vault-13

CUTERA INC CUTR

COM · Common Stock · CUSIP 232109108

139 institutional holders -41 vs Q4 2022
26,645,50226.6m shares reported held*
$630.4mreported value*
15 new 55 added 46 reduced 54 sold out net bought ≈ $25.8m (+1.1m shares)

* 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 ≈ $23.66. Options: 7 managers hold calls ($5.0m notional), 13 hold puts ($13.3m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 181Q4 22: 180Q1 23: 139139Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022181
Q4 2022180
Q1 2023139

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 84 bought or addedQ4 22: 84 cut or sold outQ4 22Q1 23: 70 bought or addedQ1 23: 100 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20228484
Q1 202370100

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$5m$10m$15mQ3 22 calls: $5.9mQ3 22 puts: $7.0mQ3 22P/C 1.20Q4 22 calls: $11.4mQ4 22 puts: $11.5mQ4 22P/C 1.01Q1 23 calls: $5.0mQ1 23 puts: $13.3mQ1 23P/C 2.66
Numbers
QuarterCallsPutsP/C
Q3 2022$5.9m$7.0m1.20
Q4 2022$11.4m$11.5m1.01
Q1 2023$5.0m$13.3m2.66

Biggest buyers

FMR LLC Added +1,555,120+1.6m
Iron Triangle Partners LP New +600,000+600.0k
MARSHALL WACE, LLP Added +532,663+532.7k
CITADEL ADVISORS LLC Added +330,193+330.2k
WELLS FARGO & COMPANY/MN Added +251,831+251.8k
BOOTHBAY FUND MANAGEMENT, LLC New +242,143+242.1k
MORGAN STANLEY Added +189,831+189.8k
PURA VIDA INVESTMENTS, LLC Added +184,354+184.4k
SG Capital Management LLC Added +165,681+165.7k
NOMURA HOLDINGS INC Added +149,263+149.3k

Biggest sellers

LOOMIS SAYLES & CO L P Sold out -606,126-606.1k
Point72 Asset Management, L.P. Sold out -537,100-537.1k
EAGLE ASSET MANAGEMENT INC Reduced -512,190-512.2k
Balyasny Asset Management L.P. Sold out -465,326-465.3k
Nicholas Investment Partners, LP Sold out -307,142-307.1k
Driehaus Capital Management LLC Sold out -255,069-255.1k
MILLENNIUM MANAGEMENT LLC Reduced -251,127-251.1k
COWEN AND COMPANY, LLC Reduced -179,797-179.8k
DIMENSIONAL FUND ADVISORS LP Sold out -179,379-179.4k
LORD, ABBETT & CO. LLC Sold out -158,814-158.8k

Biggest calls

Caption Management, LLC New $2.1m90.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.6m67.9k shares
WOLVERINE TRADING, LLC New $1.1m45.7k shares
CITADEL ADVISORS LLC Reduced $96.8k4.1k shares
GROUP ONE TRADING LLC New $73.2k3.1k shares
SIMPLEX TRADING, LLC Added $25.0k1.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SG Capital Management LLC New $2.4m100.0k shares
INTRINSIC EDGE CAPITAL MANAGEMENT LLC New $2.4m100.0k shares
Caption Management, LLC New $2.1m90.0k shares
SIMPLEX TRADING, LLC Added $1.5m62.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.3m56.1k shares
WOLVERINE TRADING, LLC New $1.1m46.8k shares
CITADEL ADVISORS LLC Added $765.3k32.4k shares
JANE STREET GROUP, LLC New $510.2k21.6k shares
PEAK6 Investments LLC New $503.1k21.3k shares
Parallax Volatility Advisers, L.P. New $472.4k20.0k 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.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.00% of their portfolio BOSTON, MA 2,908,3782.9m $68.7m $68.7m 0.00% Added +1.6m +1,555,120
2 BlackRock Inc. 0.00% of their portfolio New York, NY 2,743,1202.7m $64.8m $64.8m 0.00% Reduced -6.4k -6,352
3 RTW INVESTMENTS, LP 0.91% of their portfolio NEW YORK, NY 1,846,5961.8m $43.6m $43.6m 0.91% Added +47.9k +47,921
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,244,1751.2m $29.4m $29.4m 0.00% Added +9.1k +9,089
5 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 1,238,9451.2m $29.3m $29.3m 0.03% Reduced -251.1k -251,127
6 PURA VIDA INVESTMENTS, LLC 5.03% of their portfolio NEW YORK, NY 1,220,3751.2m $28.8m $28.8m 5.03% Added +184.4k +184,354
7 Voce Capital Management LLC 42.77% of their portfolio San Francisco, CA 1,210,2241.2m $28.6m $28.6m 42.77% Unchanged
8 GAMCO INVESTORS, INC. ET AL 0.29% of their portfolio GREENWICH, CT 1,123,1331.1m $26.5m $26.5m 0.29% Added +74.1k +74,111
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 799,746799.7k $18.9m $18.9m 0.00% Added +118.5k +118,464
10 Iron Triangle Partners LP 2.04% of their portfolio Cos Cob, CT 600,000600.0k $14.2m $14.2m 2.04% New
11 First Light Asset Management, LLC 1.21% of their portfolio Edina, MN 569,868569.9k $13.5m $13.5m 1.21% Added +2.7k +2,729
12 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 558,334558.3k $13.2m $13.2m 0.00% Added +189.8k +189,831
13 MARSHALL WACE, LLP 0.03% of their portfolio LONDON, X0 542,924542.9k $12.8m $12.8m 0.03% Added +532.7k +532,663
14 PARADIGM CAPITAL MANAGEMENT INC/NY 0.84% of their portfolio ALBANY, NY 535,700535.7k $12.7m $12.7m 0.84% Added +148.6k +148,600
15 COWEN AND COMPANY, LLC 1.37% of their portfolio NEW YORK, NY 491,512491.5k $11.6m $11.6m 1.37% Reduced -179.8k -179,797
16 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 476,230476.2k $11.2m $11.2m 0.01% Added +330.2k +330,193
17 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 459,108459.1k $10.8m $10.8m 0.00% Added +251.8k +251,831
18 GABELLI FUNDS LLC 0.08% of their portfolio Rye, NY 449,800449.8k $10.6m $10.6m 0.08% Added +16.5k +16,500
19 INTRINSIC EDGE CAPITAL MANAGEMENT LLC 1.03% of their portfolio CHICAGO, IL 428,849428.8k $10.1m $10.1m 1.03% Reduced -2.1k -2,063
20 NOMURA HOLDINGS INC 0.10% of their portfolio TOKYO, M0 412,605412.6k $9.7m $9.7m 0.10% Added +149.3k +149,263
21 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 331,123331.1k $7.8m $7.8m 0.00% Added +14.1k +14,123
22 EMERALD ADVISERS, LLC 0.37% of their portfolio LEOLA, PA 328,858328.9k $7.8m $7.8m 0.37% Reduced -8.3k -8,324
23 TWO SIGMA ADVISERS, LP 0.02% of their portfolio NEW YORK, NY 295,387295.4k $7.0m $7.0m 0.02% Added +77.0k +77,000
24 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 271,960272.0k $6.6m $6.6m 0.00% Added +53.9k +53,889
25 EMERALD MUTUAL FUND ADVISERS TRUST 0.37% of their portfolio LEOLA, PA 265,184265.2k $6.3m $6.3m 0.37% Unchanged
26 BOOTHBAY FUND MANAGEMENT, LLC 0.15% of their portfolio NEW YORK, NY 242,143242.1k $5.7m $5.7m 0.15% New
27 ROYCE & ASSOCIATES LP 0.05% of their portfolio New York, NY 230,650230.7k $5.4m $5.4m 0.05% Added +24.6k +24,600
28 Teton Advisors, Inc. 1.43% of their portfolio Rye, NY 228,660228.7k $5.4m $5.4m 1.43% Unchanged
29 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 204,655204.7k $4.8m $4.8m 0.01% Added +91.8k +91,845
30 SG Capital Management LLC 1.67% of their portfolio CHICAGO, IL 194,575194.6k $4.6m $4.6m 1.67% Added +165.7k +165,681
31 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 193,441193.4k $4.6m $4.6m 0.01% Added +25.5k +25,505
32 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 190,935190.9k $4.5m $4.5m 0.00% Added +2.5k +2,500
33 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 179,083179.1k $4.2m $4.2m 0.00% Added +58.2k +58,234
34 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 168,798168.8k $4.0m $4.0m 0.01% Reduced -150.2k -150,195
35 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 156,517156.5k $3.7m $3.7m 0.00% Added +56.6k +56,642
36 Divisadero Street Capital Management, LP 1.60% of their portfolio MIAMI, FL 155,000155.0k $3.7m $3.7m 1.60% Added +102.9k +102,856
37 EVR Research LP 0.89% of their portfolio RICHMOND, VA 150,000150.0k $3.5m $3.5m 0.89% Reduced -30.0k -30,000
38 ESSEX INVESTMENT MANAGEMENT CO LLC 0.50% of their portfolio BOSTON, MA 144,416144.4k $3.4m $3.4m 0.50% Reduced -15.6k -15,624
39 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 144,230144.2k $3.4m $3.4m 0.00% Reduced -11.6k -11,562
40 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 137,081137.1k $3.2m $3.2m 0.00% Added +71.4k +71,385
41 EAGLE ASSET MANAGEMENT INC 0.02% of their portfolio ST PETERSBURG, FL 135,278135.3k $3.2m $3.2m 0.02% Reduced -512.2k -512,190
42 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 124,202124.2k $2.9m $2.9m 0.00% Added +110.6k +110,619
43 OSTERWEIS CAPITAL MANAGEMENT INC 0.19% of their portfolio SAN FRANCISCO, CA 117,735117.7k $2.8m $2.8m 0.19% Added +45.0k +45,030
44 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 114,463114.5k $2.7m $2.7m 0.00% Added +44.2k +44,232
45 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 110,476110.5k $2.6m $2.6m 0.00% Reduced -2.6k -2,552
46 Lapides Asset Management, LLC 1.44% of their portfolio GREENWICH, CT 100,500100.5k $2.4m $2.4m 1.44% Added +64.5k +64,500
47 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 89,69289.7k $2.1m $2.1m 0.00% Added +32.0k +32,020
48 KENNEDY CAPITAL MANAGEMENT LLC 0.06% of their portfolio ST LOUIS, MO 88,28288.3k $2.1m $2.1m 0.06% Reduced -18.3k -18,315
49 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 77,81577.8k $1.8m $1.8m 0.00% Added +27.1k +27,079
50 RICE HALL JAMES & ASSOCIATES, LLC 0.10% of their portfolio San Diego, CA 75,64375.6k $1.8m $1.8m 0.10% Reduced -825 -825
51 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 74,43074.4k $1.8m $1.8m 0.00% Reduced -38.0k -37,969
52 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 70,75770.8k $1.7m $1.7m 0.00% Reduced -2.7k -2,749
53 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 63,98264.0k $1.5m $1.5m 0.00% Added +1.0k +1,012
54 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 54,18354.2k $1.3m $1.3m 0.01% Added +28.5k +28,508
55 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 53,99554.0k $1.3m $1.3m 0.00% Reduced -4.1k -4,135
56 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 51,35051.4k $1.2m $1.2m 0.00% Added +2.0k +2,030
57 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 50,87550.9k $1.2m $1.2m 0.00% Added +2.6k +2,633
58 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 50,56350.6k $1.2m $1.2m 0.00% Added +21.3k +21,321
59 SIMPLEX TRADING, LLC 0.05% of their portfolio CHICAGO, IL 49,49449.5k $1.2m $1.2m 0.05% New
60 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 47,23547.2k $1.1m $1.1m 0.00% Added +520 +520
61 TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio STAMFORD, CT 46,99447.0k $1.1m $1.1m 0.02% Reduced -2.7k -2,723
62 Legal & General Group Plc 0.00% of their portfolio London, X0 42,00342.0k $992.1k $992.1k 0.00% Reduced -549 -549
63 Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio VANCOUVER, A1 41,90941.9k $989.9k $989.9k 0.01% Reduced -9.1k -9,062
64 ALPS ADVISORS INC 0.01% of their portfolio Denver, CO 38,00838.0k $897.7k $897.7k 0.01% Added +13.9k +13,928
65 GREENWOOD CAPITAL ASSOCIATES LLC 0.13% of their portfolio GREENWOOD, SC 36,98037.0k $873.5k $873.5k 0.13% Added +8.0k +8,038
66 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 35,77235.8k $844.9k $844.9k 0.01% Reduced -24.9k -24,872
67 Kent Lake Capital LLC 0.57% of their portfolio RENO, NV 35,77135.8k $844.9k $844.9k 0.57% Unchanged
68 Swiss National Bank 0.00% of their portfolio ZURICH, V8 33,90033.9k $800.7k $800.7k 0.00% Reduced -3.9k -3,900
69 Public Sector Pension Investment Board 0.01% of their portfolio MONTREAL, A8 31,39431.4k $741.5k $741.5k 0.01% Reduced -1.3k -1,258
70 Prospect Capital Advisors, LLC 0.33% of their portfolio Sausalito, CA 30,70030.7k $725.1k $725.1k 0.33% Added +5.0k +5,000
71 Legato Capital Management LLC 0.13% of their portfolio San Francisco, CA 29,90929.9k $706.5k $706.5k 0.13% Reduced -10.5k -10,513
72 Man Group plc 0.00% of their portfolio LONDON, X0 27,10027.1k $640.1k $640.1k 0.00% New
73 Atom Investors LP 0.34% of their portfolio AUSTIN, TX 26,64226.6k $629.3k $629.3k 0.34% New
74 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 26,33126.3k $621.9k $621.9k 0.01% Added +19.9k +19,879
75 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio ALBANY, NY 23,81523.8k $563.0k $563.0k 0.00% Added +2.8k +2,800
76 Bridgewater Associates, LP 0.00% of their portfolio Westport, CT 21,61721.6k $510.6k $510.6k 0.00% Added +832 +832
77 Dynamic Technology Lab Private Ltd 0.05% of their portfolio SINGAPORE, U0 21,22021.2k $501.0k $501.0k 0.05% Added +3.1k +3,090
78 Y-Intercept (Hong Kong) Ltd 0.06% of their portfolio HONG KONG, K3 20,59620.6k $486.5k $486.5k 0.06% New
79 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 20,17220.2k $476.5k $476.5k 0.00% Reduced -14.1k -14,063
80 Quantbot Technologies LP 0.03% of their portfolio NEW YORK, NY 20,02320.0k $472.9k $472.9k 0.03% Added +11.7k +11,667
81 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 19,95620.0k $471.4k $471.4k 0.00% Reduced -280 -280
82 PEAK6 Investments LLC 0.03% of their portfolio CHICAGO, IL 19,10719.1k $451.3k $451.3k 0.03% New
83 GSA CAPITAL PARTNERS LLP 0.04% of their portfolio LONDON, X0 19,00119.0k $449.0k $449.0k 0.04% New
84 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio HARRISBURG, PA 18,90018.9k $446.4k $446.4k 0.00% Reduced -203 -203
85 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 18,47518.5k $693.6k $693.6k 0.00% Reduced -683 -683
86 Parallax Volatility Advisers, L.P. 0.01% of their portfolio San Francisco, CA 18,10018.1k $427.5k $427.5k 0.01% New
87 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 17,68917.7k $418.0k $418.0k 0.00% Reduced -620 -620
88 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 17,60017.6k $415.7k $415.7k 0.00% Reduced -2.6k -2,634
89 Trexquant Investment LP 0.01% of their portfolio STAMFORD, CT 17,06617.1k $403.1k $403.1k 0.01% New
90 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 16,38316.4k $387.0k $387.0k 0.00% Reduced -1.5k -1,515
91 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 16,09016.1k $380.0k $380.0k 0.00% Unchanged
92 TEXAS PERMANENT SCHOOL FUND CORP 0.00% of their portfolio AUSTIN, TX 16,00816.0k $378.1k $378.1k 0.00% Added +4.0k +4,008
93 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 13,61013.6k $321.5k $321.5k 0.00% Added +1.0k +1,019
94 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 13,03213.0k $307.8k $307.8k 0.00% Reduced -102 -102
95 State of Alaska, Department of Revenue 0.00% of their portfolio JUNEAU, AK 12,22312.2k $288.0k $288.0k 0.00% Reduced -211 -211
96 AXQ CAPITAL, LP 0.11% of their portfolio JERSEY CITY, NJ 11,35211.4k $268.1k $268.1k 0.11% New
97 Mirador Capital Partners LP 0.06% of their portfolio PLEASANTON, CA 10,84310.8k $256.1k $256.1k 0.06% Added +539 +539
98 ExodusPoint Capital Management, LP 0.00% of their portfolio NEW YORK, NY 10,48410.5k $248.0k $248.0k 0.00% Reduced -23.5k -23,455
99 YOUSIF CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BLOOMFIELD HILLS, MI 10,16910.2k $240.2k $240.2k 0.00% Reduced -1.2k -1,200
100 NJ State Employees Deferred Compensation Plan 0.04% of their portfolio TRENTON, NJ 10,00010.0k $236.2k $236.2k 0.04% Unchanged