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: 45.8m as of 2024-11-13, 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 ≈ $2.73. Options: 3 managers hold calls ($20.2k notional), 2 hold puts ($10.4k).
Trends to Q3 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 |
| Q3 2024 | 55 |
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 |
| Q3 2024 | 15 | 39 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $8.2k | $3.2k | 0.39 |
| Q1 2024 | $10.4k | $0 | 0.00 |
| Q2 2024 | $12.0k | $795 | 0.07 |
| Q3 2024 | $20.2k | $10.4k | 0.51 |
Biggest buyers
| First Light Asset Management, LLC | Added | +560.5k |
| RENAISSANCE TECHNOLOGIES LLC | New | +98.1k |
| Empire Financial Management Company, LLC | New | +95.0k |
| WHITE PINE CAPITAL LLC | Added | +55.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +35.7k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +28.3k |
| Connor, Clark & Lunn Investment Management Ltd. | Added | +26.9k |
| Squarepoint Ops LLC | Added | +24.3k |
| CITADEL ADVISORS LLC | Added | +20.8k |
| XTX Topco Ltd | New | +12.6k |
Biggest sellers
| Archon Capital Management LLC | Reduced | -859.1k |
| GOLDMAN SACHS GROUP INC | Sold out | -404.9k |
| RBF Capital, LLC | Reduced | -277.1k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -198.1k |
| NORTHERN TRUST CORP | Reduced | -189.4k |
| Alpine Global Management, LLC | Sold out | -107.2k |
| MORGAN STANLEY | Reduced | -77.5k |
| Centiva Capital, LP | Sold out | -67.2k |
| JANE STREET GROUP, LLC | Reduced | -52.6k |
| Qube Research & Technologies Ltd | Reduced | -50.1k |
Biggest calls
| SIMPLEX TRADING, LLC | Reduced | $12.0k4.4k shares |
| CITADEL ADVISORS LLC | New | $8.2k3.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $10.4k3.8k 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 Q3 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
None reported in Q3 2024.
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| First Light Asset Management, LLC 1.27% of their portfolio | 5.6m $15.3m | Added +560.5k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.8m $4.9m | Unchanged |
| Meros Investment Management, LP 0.99% of their portfolio | 805.4k $2.2m | Added +1.0k |
| ALBION FINANCIAL GROUP /UT 0.13% of their portfolio | 667.8k $1.8m | Reduced -37.5k |
| RBF Capital, LLC 0.07% of their portfolio | 521.3k $1.4m | Reduced -277.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 462.1k $1.3m | Added +28.3k |
| 272 Capital LP 0.47% of their portfolio | 302.1k $824.8k | Reduced -6.2k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 271.5k $741.3k | Reduced -198.1k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio | 266.1k $726.4k | Reduced -1.2k |
| Archon Capital Management LLC 0.97% of their portfolio | 188.9k $515.7k | Reduced -859.1k |
| BlackRock, Inc. 0.00% of their portfolio | 186.0k $507.8k | First filing |
| STATE STREET CORP 0.00% of their portfolio | 126.7k $345.9k | Unchanged |
| WHITE PINE CAPITAL LLC 0.12% of their portfolio | 125.7k $343.3k | Added +55.2k |
| HighMark Wealth Management LLC 0.18% of their portfolio | 120.9k $330.2k | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 113.3k $309.3k | Added +20.8k |
| WASHINGTON TRUST Co 0.01% of their portfolio | 100.0k $273.0k | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 98.1k $267.8k | New |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 97.0k $264.8k | Unchanged |
| Empire Financial Management Company, LLC 0.08% of their portfolio | 95.0k $259.4k | New |
| MORGAN STANLEY 0.00% of their portfolio | 90.7k $247.6k | Reduced -77.5k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 77.8k $212.4k | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 71.2k $194.4k | Reduced -189.4k |
| Lakewood Asset Management LLC 0.13% of their portfolio | 68.2k $186.3k | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 61.7k $168.4k | Added +35.7k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 61.4k $167.7k | Added +26.9k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 44.8k $122.3k | Reduced -348 |
| Squarepoint Ops LLC 0.00% of their portfolio | 44.0k $120.2k | Added +24.3k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 41.3k $112.6k | Reduced -52.6k |
| HighTower Advisors, LLC 0.00% of their portfolio | 38.4k $105.0k | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 36.2k $98.8k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 31.2k $85.2k | Reduced -19.7k |
| BARD ASSOCIATES INC 0.02% of their portfolio | 25.9k $70.7k | Reduced -500 |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 17.7k $48.4k | Reduced -50.1k |
| Souders Financial Advisors 0.01% of their portfolio | 15.1k $41.2k | Unchanged |
| Creative Planning 0.00% of their portfolio | 14.7k $40.0k | Reduced -158 |
| Legato Capital Management LLC 0.00% of their portfolio | 13.2k $35.9k | Added +39 |
| Point72 Asia (Singapore) Pte. Ltd. 0.01% of their portfolio | 13.0k $35.4k | Reduced -27.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 12.8k $35.0k | Unchanged |
| XTX Topco Ltd 0.00% of their portfolio | 12.6k $34.4k | New |
| Mesirow Financial Investment Management, Inc. 0.00% of their portfolio | 11.0k $29.9k | Unchanged |
| Paloma Partners Management Co 0.00% of their portfolio | 10.6k $28.9k | Reduced -28.5k |
| Point72 (DIFC) Ltd 0.00% of their portfolio | 8.8k $24.0k | Added +936 |
| Cubist Systematic Strategies, LLC 0.00% of their portfolio | 6.3k $17.3k | New |
| Catalyst Funds Management Pty Ltd 0.00% of their portfolio | 5.1k $13.9k | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 3.5k $9.5k | Added +1.2k |
| FMR LLC 0.00% of their portfolio | 2.5k $6.9k | Reduced -99 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 1.5k $4.2k | Reduced -16.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.2k $3.4k | Reduced -3.9k |
| UBS Group AG 0.00% of their portfolio | 888 $2.4k | Reduced -17.6k |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 820 $2.2k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 743 $2.0k | Reduced -9.1k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 160 $437 | Reduced -311 |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 25 $68 | Reduced -50 |
| CITIGROUP INC 0.00% of their portfolio | 19 $52 | Reduced -1.6k |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |