HINGE HEALTH INC HNGE
CL A · Common Stock · CUSIP 433313103
- SectorTechnology
- IndustryServices-Computer Processing & Data Preparation
- HeadquartersSan Francisco, CA
- 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 ($708.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $38.78. Options: 8 managers hold calls ($37.9m notional), 6 hold puts ($10.6m).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2025 | 117 |
| Q3 2025 | 147 |
| Q4 2025 | 181 |
| Q1 2026 | 203 |
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 2025 | 104 | 60 |
| Q4 2025 | 129 | 57 |
| Q1 2026 | 131 | 85 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $15.2m | $37.0m | 2.44 |
| Q3 2025 | $26.0m | $33.3m | 1.28 |
| Q4 2025 | $25.1m | $9.8m | 0.39 |
| Q1 2026 | $37.9m | $10.6m | 0.28 |
Biggest buyers
| Deer Management Co. LLC | New | +2.6m |
| FULLER & THALER ASSET MANAGEMENT, INC. | New | +1.7m |
| RTW INVESTMENTS, LP | Added | +1.6m |
| AMERICAN CENTURY COMPANIES INC | New | +1.3m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +806.0k |
| CITADEL ADVISORS LLC | Added | +577.6k |
| Divisadero Street Capital Management, LP | Added | +546.0k |
| OBERWEIS ASSET MANAGEMENT INC/ | New | +465.8k |
| Estuary Capital Management LP | New | +394.2k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | New | +363.1k |
Biggest sellers
| TIGER GLOBAL MANAGEMENT LLC | Sold out | -1.8m |
| Alyeska Investment Group, L.P. | Reduced | -1.1m |
| JANE STREET GROUP, LLC | Reduced | -1.0m |
| BIT Capital GmbH | Reduced | -1.0m |
| MARSHALL WACE, LLP | Reduced | -882.2k |
| LORD, ABBETT & CO. LLC | Reduced | -607.7k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -592.1k |
| TUDOR INVESTMENT CORP ET AL | Sold out | -517.8k |
| Walleye Capital LLC | Reduced | -409.7k |
| GOLDMAN SACHS GROUP INC | Reduced | -302.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $14.1m366.3k shares |
| GROUP ONE TRADING LLC | Added | $12.7m329.5k shares |
| IMC-Chicago, LLC | Added | $3.4m86.9k shares |
| CITADEL ADVISORS LLC | Reduced | $2.4m62.5k shares |
| SANDLER CAPITAL MANAGEMENT | New | $1.9m48.4k shares |
| JANE STREET GROUP, LLC | Added | $1.6m41.1k shares |
| Jefferies Financial Group Inc. | New | $1.5m40.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $289.2k7.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $6.0m154.9k shares |
| IMC-Chicago, LLC | Added | $1.8m47.0k shares |
| SIMPLEX TRADING, LLC | Added | $1.1m29.3k shares |
| CITADEL ADVISORS LLC | New | $921.6k23.9k shares |
| GROUP ONE TRADING LLC | Added | $489.7k12.7k shares |
| TUDOR INVESTMENT CORP ET AL | New | $254.5k6.6k 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 |
|---|---|
| Perez Daniel Antonio 13G · exempt (held before listing) -12.5 pts · filed 2026-02-13 | 15.7% |
| Mecklenburg Gabriel M.I. 13G · exempt (held before listing) new · filed 2025-08-13 | 13.0% |
| Insight Holdings Group, LLC 13G · exempt (held before listing) -10.4 pts · filed 2026-08-14 | 9.4% |
| BlackRock, Inc. 13G · institution new · filed 2026-07-28 | 5.5% |
Fell to 5% or below in the last year: Bessemer Venture Partners X L.P. (3.0%, 2026-08-14), 11.2 Capital I, L.P. (4.0%, 2026-08-13), Atomico Advisors IV, Ltd. (2.9%, 2026-06-08), HANSAINVEST Hanseatische Investment-Limited Co (2.7%, 2026-04-27), VANGUARD GROUP INC (0.0%, 2026-03-27), COATUE MANAGEMENT LLC (0.0%, 2026-02-17), ALKEON CAPITAL MANAGEMENT LLC (2.1%, 2026-02-13), JANE STREET GROUP, LLC (4.2%, 2026-02-02), Alyeska Investment Group, L.P. (4.8%, 2025-11-14)
Insider purchases and sales in Q1 2026
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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 4 | $12.5m | $10.7m |
| Q1 2026 | 0 | — | 4 | $24.3m | $24.3m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-23 | Pursley James President | Sold plan | $633.9k15.0k shares |
| 2026-03-23 | Budge James Chief Financial Officer | Sold plan | $465.1k11.0k shares |
| 2026-03-06 | Mecklenburg Gabriel M.I. Director | Sold plan | $7.6m166.7k shares |
| 2026-02-23 | Pursley James President | Sold plan | $590.0k15.0k shares |
| 2026-02-23 | Budge James Chief Financial Officer | Sold plan | $580.7k14.8k shares |
| 2026-02-12 | Perez Daniel Antonio CEO & Co-Founder, director | Sold plan | $6.7m166.7k shares |
| 2026-01-05 | Perez Daniel Antonio CEO & Co-Founder, director | Sold plan | $7.7m166.7k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| Insight Holdings Group, LLC 25.37% of their portfolio | 9.4m $361.5m | Unchanged |
| 11.2 Capital Management, LLC 100.00% of their portfolio | 3.7m $142.8m | Unchanged |
| Deer Management Co. LLC 16.32% of their portfolio | 2.6m $101.6m | New |
| BIT Capital GmbH 4.97% of their portfolio | 2.3m $89.1m | Reduced -1.0m |
| RTW INVESTMENTS, LP 0.74% of their portfolio | 1.9m $74.4m | Added +1.6m |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.21% of their portfolio | 1.7m $63.8m | New |
| ArrowMark Colorado Holdings LLC 1.61% of their portfolio | 1.6m $60.7m | Added +301.8k |
| BRAIDWELL LP 1.87% of their portfolio | 1.5m $56.1m | Added +150.5k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 1.4m $54.4m | First filing |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 1.3m $50.1m | New |
| Vitruvian Partners LLP 43.09% of their portfolio | 1.2m $48.2m | Unchanged |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.2m $47.8m | First filing |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 1.2m $44.9m | Added +806.0k |
| BAMCO INC /NY/ 0.13% of their portfolio | 1.1m $43.6m | Added +130.5k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 1.1m $41.8m | Added +577.6k |
| MORGAN STANLEY 0.00% of their portfolio | 989.6k $38.2m | Added +231.8k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 958.5k $37.0m | Added +323.1k |
| BlackRock, Inc. 0.00% of their portfolio | 907.5k $35.0m | Added +83.1k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 887.5k $34.2m | Reduced -592.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 804.4k $29.6m | Added +13.5k |
| ALKEON CAPITAL MANAGEMENT LLC 0.12% of their portfolio | 691.1k $26.6m | Reduced -100.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 617.2k $23.8m | Reduced -35.7k |
| UBS Group AG 0.00% of their portfolio | 592.0k $22.8m | Added +235.3k |
| Divisadero Street Capital Management, LP 1.03% of their portfolio | 570.7k $22.0m | Added +546.0k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 557.1k $21.5m | Reduced -1.0m |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 502.0k $19.4m | Reduced -225.6k |
| OBERWEIS ASSET MANAGEMENT INC/ 0.53% of their portfolio | 465.8k $18.0m | New |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 447.0k $17.2m | Added +85.9k |
| Shannon River Fund Management LLC 3.07% of their portfolio | 417.2k $16.1m | Added +183.8k |
| Estuary Capital Management LP 2.54% of their portfolio | 394.2k $15.2m | New |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 383.9k $14.8m | Added +294.5k |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 377.3k $14.5m | Reduced -115.0k |
| LOOMIS SAYLES & CO L P 0.02% of their portfolio | 371.7k $14.3m | Reduced -9.6k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 367.9k $14.2m | Added +331.4k |
| RA CAPITAL MANAGEMENT, L.P. 0.15% of their portfolio | 364.6k $14.1m | Added +284.5k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.04% of their portfolio | 363.1k $14.0m | New |
| Burkehill Global Management, LP 0.67% of their portfolio | 350.0k $13.5m | Unchanged |
| Point72 Asset Management, L.P. 0.02% of their portfolio | 347.2k $13.4m | Added +68.8k |
| First Eagle Investment Management, LLC 0.02% of their portfolio | 336.9k $13.0m | Added +115.2k |
| Squarepoint Ops LLC 0.03% of their portfolio | 318.6k $12.3m | Added +307.5k |
| Voleon Capital Management LP 0.25% of their portfolio | 297.3k $11.5m | Reduced -53.8k |
| Yiheng Capital Management, L.P. 4.96% of their portfolio | 296.9k $11.4m | New |
| MARSHALL WACE, LLP 0.01% of their portfolio | 290.4k $11.2m | Reduced -882.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 289.0k $11.1m | Reduced -302.7k |
| EMERALD ADVISERS, LLC 0.34% of their portfolio | 278.9k $10.8m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 274.1k $10.6m | Reduced -200.3k |
| PALISADE CAPITAL MANAGEMENT, LP 0.35% of their portfolio | 272.1k $10.5m | Added +187.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 269.4k $10.4m | Reduced -280.4k |
| FIL Ltd 0.01% of their portfolio | 225.0k $8.7m | Added +120.6k |
| Foresite Capital Management VI LLC 1.85% of their portfolio | 220.4k $8.5m | Added +85.4k |
| BARCLAYS PLC 0.00% of their portfolio | 215.8k $8.3m | Added +44.6k |
| Apis Capital Advisors, LLC 1.25% of their portfolio | 211.0k $8.1m | Added +73.0k |
| OSTERWEIS CAPITAL MANAGEMENT INC 0.42% of their portfolio | 210.3k $8.1m | Added +38.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 188.9k $7.3m | Added +85.8k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.05% of their portfolio | 182.3k $7.0m | Added +57.8k |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.34% of their portfolio | 181.8k $7.0m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 180.8k $7.0m | Added +20.4k |
| 1832 Asset Management L.P. 0.01% of their portfolio | 178.0k $6.9m | Unchanged |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 173.0k $6.7m | New |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 170.5k $6.6m | Added +11.2k |
| GILDER GAGNON HOWE & CO LLC 0.07% of their portfolio | 150.5k $5.8m | Reduced -51.7k |
| CITIGROUP INC 0.00% of their portfolio | 142.5k $5.5m | Added +218 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 141.9k $5.5m | Reduced -38.0k |
| ING GROEP NV 0.03% of their portfolio | 141.0k $5.4m | Unchanged |
| Freestone Grove Partners LP 0.04% of their portfolio | 139.9k $5.4m | New |
| STATE STREET CORP 0.00% of their portfolio | 135.4k $5.2m | Added +9.4k |
| Wedmont Private Capital 0.16% of their portfolio | 133.3k $5.1m | New |
| Jump Financial, LLC 0.08% of their portfolio | 132.2k $5.1m | Reduced -122.7k |
| Mutual Advisors, LLC 0.11% of their portfolio | 131.5k $5.1m | Added +1.5k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 129.4k $5.0m | Reduced -46.1k |
| GAGNON SECURITIES LLC 1.11% of their portfolio | 124.2k $4.8m | New |
| Potrero Capital Research LLC 2.77% of their portfolio | 117.2k $4.5m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 112.9k $4.4m | Added +52.1k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio | 110.1k $4.2m | Added +1.8k |
| Walleye Capital LLC 0.03% of their portfolio | 106.8k $4.1m | Reduced -409.7k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.09% of their portfolio | 105.5k $4.1m | New |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 104.3k $4.0m | First filing |
| ROYCE & ASSOCIATES LP 0.04% of their portfolio | 97.0k $3.7m | Added +52.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 95.5k $3.7m | Added +66.7k |
| LORD, ABBETT & CO. LLC 0.01% of their portfolio | 92.5k $3.6m | Reduced -607.7k |
| Alyeska Investment Group, L.P. 0.01% of their portfolio | 90.2k $3.5m | Reduced -1.1m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 89.7k $3.5m | Added +1.5k |
| Swiss Life Asset Management Ltd 0.08% of their portfolio | 88.0k $17.3m | New |
| CAPITAL FUND MANAGEMENT S.A. 0.03% of their portfolio | 87.5k $3.4m | Added +24.8k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 85.6k $3.3m | Added +9.8k |
| Gagnon Advisors, LLC 2.29% of their portfolio | 80.8k $3.1m | New |
| Ghisallo Capital Management LLC 0.08% of their portfolio | 75.0k $2.9m | Unchanged |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 63.7k $2.5m | Added +386 |
| Y-Intercept (Hong Kong) Ltd 0.05% of their portfolio | 61.9k $2.4m | New |
| Main Management ETF Advisors, LLC 0.09% of their portfolio | 61.5k $2.4m | New |
| XTX Topco Ltd 0.04% of their portfolio | 59.4k $2.3m | New |
| Lisanti Capital Growth, LLC 0.58% of their portfolio | 59.2k $2.3m | Reduced -511 |
| SCHWARTZ INVESTMENT COUNSEL INC 0.08% of their portfolio | 59.0k $2.3m | Added +13.0k |
| Summit Creek Advisors LLC 0.43% of their portfolio | 54.2k $2.1m | New |
| ALGERT GLOBAL LLC 0.03% of their portfolio | 51.1k $2.0m | Reduced -46.5k |
| Bullseye Asset Management LLC 1.13% of their portfolio | 50.4k $1.9m | Added +8.6k |
| HBK INVESTMENTS L P 0.02% of their portfolio | 50.0k $1.9m | Reduced -20.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 49.9k $1.9m | Added +5.1k |
| Tyro Capital Management LLC 0.48% of their portfolio | 49.6k $1.9m | New |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 46.6k $1.8m | Reduced -44.5k |