FONAR CORP FONR
COM NEW · Common Stock · CUSIP 344437405
* 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 ≈ $18.56.
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 43 |
| Q4 2022 | 49 |
| Q1 2023 | 40 |
| Q2 2023 | 42 |
| Q3 2023 | 44 |
| Q4 2023 | 51 |
| Q1 2024 | 55 |
| Q2 2024 | 51 |
| Q3 2024 | 50 |
| Q4 2024 | 52 |
| Q1 2025 | 46 |
| Q2 2025 | 48 |
| Q3 2025 | 41 |
| Q4 2025 | 45 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 30 | 12 |
| Q2 2024 | 16 | 29 |
| Q3 2024 | 18 | 14 |
| Q4 2024 | 17 | 18 |
| Q1 2025 | 13 | 18 |
| Q2 2025 | 15 | 16 |
| Q3 2025 | 14 | 20 |
| Q4 2025 | 17 | 18 |
Biggest buyers
| RBF Capital, LLC | Added | +77.8k |
| Virtu Financial LLC | New | +42.0k |
| MARSHALL WACE, LLP | New | +28.2k |
| MONEY CONCEPTS CAPITAL CORP | Added | +27.1k |
| Rangeley Capital, LLC | New | +25.1k |
| CITADEL ADVISORS LLC | New | +20.6k |
| PenderFund Capital Management Ltd. | New | +8.1k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +7.1k |
| Lakewood Asset Management LLC | Added | +2.5k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +1.3k |
Biggest sellers
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | Reduced | -285.6k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | Sold out | -41.6k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | Reduced | -33.0k |
| LSV ASSET MANAGEMENT | Reduced | -32.2k |
| Empowered Funds, LLC | Sold out | -25.4k |
| VANGUARD GROUP INC | Reduced | -24.7k |
| RITHOLTZ WEALTH MANAGEMENT | Sold out | -17.4k |
| Inspire Advisors, LLC | Sold out | -14.3k |
| Peapod Lane Capital LLC | Reduced | -8.5k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -3.7k |
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 |
|---|---|
| shane hilary 13G · passive investor +4.9 pts · filed 2026-05-11 | 11.6% |
| MONEY CONCEPTS CAPITAL CORP 13G · institution filed 2025-08-18 | 7.5% |
| AB Value Partners, LP 13G · passive investor new · filed 2026-06-10 | 7.1% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.0% |
Fell to 5% or below in the last year: DIMENSIONAL FUND ADVISORS LP (0.0%, 2026-07-14), RENAISSANCE TECHNOLOGIES LLC (0.0%, 2026-05-14), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC), KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC (4.1%, 2026-02-13)
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| MONEY CONCEPTS CAPITAL CORP 0.53% of their portfolio | 510.7k $9.5m | Added +27.1k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 373.3k $6.9m | Reduced -3.7k |
| VANGUARD GROUP INC 0.00% of their portfolio | 363.8k $6.8m | Reduced -24.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 315.7k $5.9m | Added +7.1k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 251.3k $4.7m | Reduced -285.6k |
| RBF Capital, LLC 0.06% of their portfolio | 150.9k $2.8m | Added +77.8k |
| Peapod Lane Capital LLC 1.66% of their portfolio | 104.9k $1.9m | Reduced -8.5k |
| BlackRock, Inc. 0.00% of their portfolio | 91.6k $1.7m | Reduced -404 |
| Truffle Hound Capital, LLC 0.98% of their portfolio | 90.0k $1.7m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 69.6k $1.3m | Added +1.3k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 48.2k $894.3k | Reduced -33.0k |
| Virtu Financial LLC 0.03% of their portfolio | 42.0k $780.0k | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 32.1k $595.5k | Reduced -253 |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 30.0k $557.7k | Unchanged |
| MARSHALL WACE, LLP 0.00% of their portfolio | 28.2k $523.0k | New |
| Rangeley Capital, LLC 0.40% of their portfolio | 25.1k $466.1k | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 22.5k $417.7k | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 22.5k $417.5k | Reduced -996 |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 20.6k $382.9k | New |
| Lakewood Asset Management LLC 0.21% of their portfolio | 19.1k $353.7k | Added +2.5k |
| Hikari Tsushin, Inc. 0.02% of their portfolio | 14.2k $262.8k | Unchanged |
| PenderFund Capital Management Ltd. 0.02% of their portfolio | 8.1k $150.3k | New |
| CIBC Private Wealth Group LLC 0.00% of their portfolio | 6.0k $111.4k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 4.0k $73.6k | Reduced -1.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 3.0k $55.4k | Reduced -3.0k |
| LOM Asset Management Ltd 0.02% of their portfolio | 2.8k $52.0k | Unchanged |
| FMR LLC 0.00% of their portfolio | 2.3k $42.2k | Reduced -9 |
| MORGAN STANLEY 0.00% of their portfolio | 2.0k $37.1k | Added +384 |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 1.9k $35.0k | Reduced -32.2k |
| BARCLAYS PLC 0.00% of their portfolio | 1.3k $24.0k | Added +1.3k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 969 $18.0k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 902 $16.7k | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 764 $14.2k | Added +703 |
| Vermillion Wealth Management, Inc. 0.00% of their portfolio | 353 $6.6k | Unchanged |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 350 $6.5k | Unchanged |
| CWM, LLC 0.00% of their portfolio | 300 $6.0k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 298 $5.5k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 132 $2.0k | New |
| NewEdge Advisors, LLC 0.00% of their portfolio | 25 $464 | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 17 $316 | Added +4 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 13 $254 | Reduced -1 |
| Archer Investment Corp 0.00% of their portfolio | 10 $186 | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 2 $37 | Reduced -816 |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 1 $19 | Unchanged |
| Bernard Wealth Management Corp. 0.00% of their portfolio | 1 $19 | Unchanged |