KORU MEDICAL SYSTEMS INC KRMD
COM · Common Stock · CUSIP 759910102
- SectorHealth care
- IndustrySurgical & Medical Instruments & Apparatus
- HeadquartersMahwah, NJ
- 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. Shares outstanding: 45.9m as of 2024-08-07, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $2.65. Options: 2 managers hold calls ($12.0k notional), 2 hold puts ($795).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 40 |
| Q4 2022 | 42 |
| Q1 2023 | 55 |
| Q2 2023 | 63 |
| Q3 2023 | 56 |
| Q4 2023 | 59 |
| Q1 2024 | 60 |
| Q2 2024 | 66 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 16 | 9 |
| Q1 2023 | 29 | 10 |
| Q2 2023 | 39 | 17 |
| Q3 2023 | 22 | 25 |
| Q4 2023 | 26 | 19 |
| Q1 2024 | 27 | 24 |
| Q2 2024 | 31 | 39 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $6.8k | $6.8k | 1.00 |
| Q4 2023 | $8.2k | $3.2k | 0.39 |
| Q1 2024 | $10.4k | $0 | 0.00 |
| Q2 2024 | $12.0k | $795 | 0.07 |
Biggest buyers
| RBF Capital, LLC | New | +798.5k |
| MILLENNIUM MANAGEMENT LLC | Added | +438.1k |
| GOLDMAN SACHS GROUP INC | New | +404.9k |
| Meros Investment Management, LP | Added | +137.9k |
| Alpine Global Management, LLC | New | +107.2k |
| JANE STREET GROUP, LLC | Added | +72.9k |
| Qube Research & Technologies Ltd | New | +67.8k |
| Centiva Capital, LP | New | +67.2k |
| RAYMOND JAMES & ASSOCIATES | Added | +52.2k |
| Point72 Asia (Singapore) Pte. Ltd. | New | +40.4k |
Biggest sellers
| Archon Capital Management LLC | Reduced | -2.9m |
| BlackRock Inc. | Reduced | -1.4m |
| 272 Capital LP | Reduced | -434.8k |
| STATE STREET CORP | Reduced | -360.2k |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | -332.4k |
| MORGAN STANLEY | Reduced | -270.8k |
| NORTHERN TRUST CORP | Reduced | -208.0k |
| First Light Asset Management, LLC | Reduced | -182.6k |
| VANGUARD GROUP INC | Reduced | -179.0k |
| Empire Financial Management Company, LLC | Sold out | -87.0k |
Biggest calls
| SIMPLEX TRADING, LLC | Added | $12.0k4.8k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | New | $795300 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.
| Holder | Stake |
|---|---|
Horton Capital Partners, LLC
13D · may seek influence
-1.4 pts · filed 2026-02-13
Stated purposeThe Reporting Persons acquired the shares of Common Stock for investment purposes. The purpose of this Amendment No. 12 is to disclose changes in the beneficial ownership of the shares of Common Stock held by the Reporting Persons including: (i) the issuance of shares of Common Stock to HCPF in consideration for Mr. Manko's service as a director of the Issuer (the "Director Shares"); (ii) that HCPF transferred shares of Common Stock to certain of its limited partners; and (iii) that HCP transferred shares of Common Stock to certain of its members, including Mr. Manko. On January 10, 2024, Horton Freedom, L.P., ("Horton Freedom") in accordance with its terms, transferred 453,231 shares of Common Stock to certain of its limited partners, representing the remaining pro-rata in-kind distribut… Full filing |
12.6% |
| Topline Capital Management, LLC 13G · institution filed 2026-02-13 | 8.5% |
| First Light Asset Management, LLC 13G · institution -2.2 pts · filed 2026-02-17 | 8.3% |
| BlackRock, Inc. 13G · institution +0.7 pts · filed 2026-07-29 | 5.6% |
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.
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 |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 3 | $114.8k | 0 | — | — |
| Q4 2023 | 1 | $350.0k | 1 | $350.0k | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| First Light Asset Management, LLC 1.17% of their portfolio | 5.0m $13.4m | Reduced -182.6k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.8m $4.7m | Reduced -179.0k |
| Archon Capital Management LLC 3.23% of their portfolio | 1.0m $2.8m | Reduced -2.9m |
| Meros Investment Management, LP 1.01% of their portfolio | 804.4k $2.1m | Added +137.9k |
| RBF Capital, LLC 0.12% of their portfolio | 798.5k $2.1m | New |
| ALBION FINANCIAL GROUP /UT 0.14% of their portfolio | 705.3k $1.9m | Reduced -36.1k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 469.7k $1.2m | Added +438.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 433.8k $1.1m | Reduced -332.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 404.9k $1.1m | New |
| 272 Capital LP 0.41% of their portfolio | 308.3k $816.9k | Reduced -434.8k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio | 267.2k $708.2k | Reduced -60.3k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 260.6k $690.5k | Reduced -208.0k |
| BlackRock Inc. 0.00% of their portfolio | 186.8k $495.1k | Reduced -1.4m |
| MORGAN STANLEY 0.00% of their portfolio | 168.2k $445.8k | Reduced -270.8k |
| STATE STREET CORP 0.00% of their portfolio | 126.7k $335.7k | Reduced -360.2k |
| HighMark Wealth Management LLC 0.19% of their portfolio | 120.9k $320.5k | Unchanged |
| Alpine Global Management, LLC 0.05% of their portfolio | 107.2k $284.2k | New |
| WASHINGTON TRUST Co 0.01% of their portfolio | 100.0k $265.0k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 97.0k $257.1k | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 93.9k $248.8k | Added +72.9k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 92.5k $245.1k | Reduced -2.0k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 77.8k $206.2k | Added +52.2k |
| WHITE PINE CAPITAL LLC 0.07% of their portfolio | 70.6k $187.0k | Added +12.5k |
| Lakewood Asset Management LLC 0.13% of their portfolio | 68.2k $180.8k | Added +8.3k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 67.8k $179.8k | New |
| Centiva Capital, LP 0.01% of their portfolio | 67.2k $178.2k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 50.9k $134.9k | Added +20.5k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 45.1k $119.6k | Added +2.5k |
| Point72 Asia (Singapore) Pte. Ltd. 0.02% of their portfolio | 40.4k $107.2k | New |
| Paloma Partners Management Co 0.01% of their portfolio | 39.1k $103.7k | New |
| HighTower Advisors, LLC 0.00% of their portfolio | 38.4k $102.0k | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 36.2k $95.9k | Unchanged |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 34.6k $91.6k | Reduced -12.6k |
| BARD ASSOCIATES INC 0.03% of their portfolio | 26.4k $70.0k | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 26.0k $68.9k | Reduced -31.3k |
| Squarepoint Ops LLC 0.00% of their portfolio | 19.7k $52.3k | New |
| UBS Group AG 0.00% of their portfolio | 18.4k $48.9k | Reduced -17.4k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 17.9k $47.4k | First filing |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 17.5k $46.4k | Added +12.0k |
| Souders Financial Advisors 0.01% of their portfolio | 15.1k $39.9k | Unchanged |
| Creative Planning 0.00% of their portfolio | 14.8k $39.3k | Unchanged |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 13.2k $35.0k | New |
| Legato Capital Management LLC 0.00% of their portfolio | 13.1k $34.8k | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 12.8k $34.0k | Reduced -79.9k |
| Mesirow Financial Investment Management, Inc. 0.00% of their portfolio | 11.0k $29.0k | Unchanged |
| Aaron Wealth Advisors LLC 0.00% of their portfolio | 10.6k $28.1k | New |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 10.6k $28.1k | New |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 10.5k $27.8k | New |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 10.1k $26.8k | Reduced -7.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 9.8k $25.0k | Reduced -6.4k |
| Point72 (DIFC) Ltd 0.00% of their portfolio | 7.9k $20.8k | New |
| SUMMIT SECURITIES GROUP LLC 0.01% of their portfolio | 6.1k $16.0k | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 5.1k $13.5k | Reduced -24.2k |
| Catalyst Funds Management Pty Ltd 0.00% of their portfolio | 5.1k $13.5k | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 3.2k $8.4k | Reduced -28.1k |
| FMR LLC 0.00% of their portfolio | 2.6k $7.0k | Added +555 |
| BARCLAYS PLC 0.00% of their portfolio | 2.3k $6.2k | Reduced -22.7k |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 1.7k $4.5k | New |
| CITIGROUP INC 0.00% of their portfolio | 1.6k $4.3k | Reduced -4.1k |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 820 $2.2k | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 471 $1.2k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 297 $787 | Reduced -25.0k |
| CWM, LLC 0.00% of their portfolio | 146 $0 | New |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 90 $239 | New |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 75 $199 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |