Vault-13

EDAP TMS S A FOCL

SPONSORED ADR · ADR · CUSIP 268311107 · ISIN US2683111072

36 institutional holders -3 vs Q1 2024
16,045,05916.0m shares reported held*
$87.3mreported value*
2 new 7 added 11 reduced 5 sold out net sold ≈ $37.8m (-7.0m 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 ≈ $5.44. Options: 5 managers hold calls ($431.9k notional), 5 hold puts ($1.3m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 36Q4 22: 54Q1 23: 54Q2 23: 54Q3 23: 44Q4 23: 36Q1 24: 39Q2 24: 3636Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202236
Q4 202254
Q1 202354
Q2 202354
Q3 202344
Q4 202336
Q1 202439
Q2 202436

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 30 bought or addedQ4 22: 11 cut or sold outQ4 22Q1 23: 29 bought or addedQ1 23: 16 cut or sold outQ2 23: 32 bought or addedQ2 23: 19 cut or sold outQ2 23Q3 23: 15 bought or addedQ3 23: 32 cut or sold outQ4 23: 11 bought or addedQ4 23: 20 cut or sold outQ4 23Q1 24: 16 bought or addedQ1 24: 11 cut or sold outQ2 24: 9 bought or addedQ2 24: 16 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20223011
Q1 20232916
Q2 20233219
Q3 20231532
Q4 20231120
Q1 20241611
Q2 2024916

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ3 23 calls: $452.8kQ3 23 puts: $732.2kQ3 23P/C 1.62Q4 23 calls: $282.5kQ4 23 puts: $1.2mQ4 23P/C 4.27Q1 24 calls: $769.5kQ1 24 puts: $1.7mQ1 24P/C 2.23Q2 24 calls: $431.9kQ2 24 puts: $1.3mQ2 24P/C 2.99
Numbers
QuarterCallsPutsP/C
Q3 2023$452.8k$732.2k1.62
Q4 2023$282.5k$1.2m4.27
Q1 2024$769.5k$1.7m2.23
Q2 2024$431.9k$1.3m2.99

Biggest buyers

Soleus Capital Management, L.P. Added +66,375+66.4k
GOLDMAN SACHS GROUP INC New +13,247+13.2k
GROUP ONE TRADING LLC Added +7,631+7.6k
Manatuck Hill Partners, LLC Added +5,000+5.0k
COMMONWEALTH EQUITY SERVICES, LLC Added +4,000+4.0k
BNP PARIBAS FINANCIAL MARKETS Added +3,600+3.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +1,997+2.0k
QUADRANT CAPITAL GROUP LLC New +348+348
BlackRock Inc. Added +348+348

Biggest sellers

MORGAN STANLEY Reduced -6,749,511-6.7m
UBS Group AG Reduced -97,712-97.7k
Archon Capital Management LLC Reduced -73,144-73.1k
JPMORGAN CHASE & CO Reduced -59,332-59.3k
Roubaix Capital, LLC Sold out -22,942-22.9k
Orion Capital Management LLC Reduced -12,274-12.3k
Virtu Financial LLC Sold out -11,159-11.2k
Summit Trail Advisors, LLC Sold out -11,000-11.0k
Schonfeld Strategic Advisors LLC Reduced -8,000-8.0k
Apis Capital Advisors, LLC Reduced -4,976-5.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $231.2k42.5k shares
CITADEL ADVISORS LLC Reduced $97.9k18.0k shares
Leonteq Securities AG Unchanged $54.4k10.0k shares
GROUP ONE TRADING LLC Reduced $48.4k8.9k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $787.7k144.8k shares
JANE STREET GROUP, LLC Unchanged $228.5k42.0k shares
GROUP ONE TRADING LLC Unchanged $199.6k36.7k shares
CITADEL ADVISORS LLC Added $74.0k13.6k shares
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.

HolderStakeChangeShares Last filed
HIRSCHMAN ORIN 13G · institution new · filed 2026-10-19 7.6% new 3.5m 2026-10-19

Insider purchases and sales in Q2 2024

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 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Soleus Capital Management, L.P. 3.50% of their portfolio GREENWICH, CT 7,293,7287.3m $39.7m $39.7m 3.50% Added +66.4k +66,375
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,372,1533.4m $18.3m $18.3m 0.00% Reduced -6.7m -6,749,511
3 Rock Springs Capital Management LP 0.24% of their portfolio Baltimore, MD 1,475,0001.5m $8.0m $8.0m 0.24% Unchanged
4 Archon Capital Management LLC 7.18% of their portfolio Seattle, WA 1,135,1641.1m $6.2m $6.2m 7.18% Reduced -73.1k -73,144
5 FEDERATED HERMES, INC. 0.01% of their portfolio PITTSBURGH, PA 809,135809.1k $4.4m $4.4m 0.01% Unchanged
6 Bruce & Co., Inc. 0.99% of their portfolio CHICAGO, IL 553,652553.7k $3.0m $3.0m 0.99% Unchanged
7 Apis Capital Advisors, LLC 2.17% of their portfolio New York, NY 541,000541.0k $2.9m $2.9m 2.17% Reduced -5.0k -4,976
8 CAHILL FINANCIAL ADVISORS INC 0.10% of their portfolio EDINA, MN 134,960135.0k $734.2k $734.2k 0.10% Unchanged
9 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 95,92495.9k $521.8k $521.8k 0.00% Added +2.0k +1,997
10 Leonteq Securities AG 0.07% of their portfolio ZURICH, V8 94,99495.0k $516.8k $516.8k 0.07% Unchanged
11 Manatuck Hill Partners, LLC 0.21% of their portfolio WESTPORT, CT 87,72987.7k $477.2k $477.2k 0.21% Added +5.0k +5,000
12 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 75,94475.9k $413.1k $413.1k 0.00% Reduced -218 -218
13 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 71,26071.3k $388.0k $388.0k 0.00% Added +4.0k +4,000
14 Orion Capital Management LLC 0.18% of their portfolio CORONADO, CA 63,20063.2k $343.8k $343.8k 0.18% Reduced -12.3k -12,274
15 GROUP ONE TRADING LLC 0.01% of their portfolio CHICAGO, IL 38,54338.5k $209.7k $209.7k 0.01% Added +7.6k +7,631
16 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 35,03635.0k $190.6k $190.6k 0.00% Reduced -3.0k -2,964
17 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 22,76422.8k $123.8k $123.8k 0.00% Unchanged
18 Accredited Investors Inc. 0.01% of their portfolio EDINA, MN 21,43121.4k $116.6k $116.6k 0.01% Unchanged
19 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 18,60018.6k $101.2k $101.2k 0.00% Added +3.6k +3,600
20 Composition Wealth, LLC 0.00% of their portfolio LOS ANGELES, CA 18,50018.5k $100.6k $100.6k 0.00% Unchanged
21 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 18,30018.3k $99.6k $99.6k 0.00% Reduced -8.0k -8,000
22 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 15,00015.0k $82.0k $82.0k 0.00% Reduced -1.4k -1,375
23 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 13,24713.2k $72.1k $72.1k 0.00% New
24 NAPLES GLOBAL ADVISORS, LLC 0.01% of their portfolio NAPLES, FL 10,50010.5k $57.1k $57.1k 0.01% Unchanged
25 Texas Capital Bancshares Inc/TX 0.02% of their portfolio Dallas, TX 10,00010.0k $54.4k $54.4k 0.02% Unchanged
26 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 5,0455.0k $27.4k $27.4k 0.00% Unchanged
27 BlackRock Inc. 0.00% of their portfolio New York, NY 3,7663.8k $20.5k $20.5k 0.00% Added +348 +348
28 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 3,5003.5k $19.0k $19.0k 0.00% Unchanged
29 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 3,4383.4k $18.7k $18.7k 0.00% Reduced -1.0k -1,040
30 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,0881.1k $5.9k $5.9k 0.00% Reduced -97.7k -97,712
31 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,0001.0k $5.4k $5.4k 0.00% Unchanged
32 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 600600 $3.0k $3.0k 0.00% Unchanged
33 HARBOR INVESTMENT ADVISORY, LLC 0.00% of their portfolio LUTHERVILLE, MD 500500 $2.7k $2.7k 0.00% Unchanged
34 QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio CINCINNATI, OH 348348 $1.9k $1.9k 0.00% New
35 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1010 $54 $54 0.00% Reduced -59.3k -59,332
36 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged