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 ($177.8k this quarter). Holder counts are more reliable. Shares outstanding: 46.0m as of 2025-03-12, 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 ≈ $2.54. Options: 2 managers hold calls ($10.2k notional), 1 hold puts ($0).
Trends to Q1 2025
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 |
| Q4 2024 | 65 |
| Q1 2025 | 80 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 39 | 17 |
| Q3 2023 | 22 | 25 |
| Q4 2023 | 26 | 19 |
| Q1 2024 | 27 | 24 |
| Q2 2024 | 31 | 39 |
| Q3 2024 | 15 | 39 |
| Q4 2024 | 28 | 20 |
| Q1 2025 | 48 | 17 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $12.0k | $795 | 0.07 |
| Q3 2024 | $20.2k | $10.4k | 0.51 |
| Q4 2024 | $11.6k | $45.4k | 3.93 |
| Q1 2025 | $10.2k | $0 | 0.00 |
Biggest buyers
| Archon Capital Management LLC | Added | +378.0k |
| MILLENNIUM MANAGEMENT LLC | Added | +319.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +214.3k |
| GOLDMAN SACHS GROUP INC | Added | +158.9k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +152.5k |
| Russell Investments Group, Ltd. | Added | +147.9k |
| MORGAN STANLEY | Added | +106.9k |
| Squarepoint Ops LLC | Added | +104.7k |
| MARSHALL WACE, LLP | New | +95.2k |
| JANE STREET GROUP, LLC | Added | +94.2k |
Biggest sellers
| First Light Asset Management, LLC | Reduced | -1.5m |
| Topline Capital Management, LLC | Reduced | -505.9k |
| ALBION FINANCIAL GROUP /UT | Reduced | -125.0k |
| WASHINGTON TRUST Co | Sold out | -100.0k |
| 683 Capital Management, LLC | Sold out | -88.2k |
| Y-Intercept (Hong Kong) Ltd | Sold out | -26.9k |
| Meros Investment Management, LP | Reduced | -19.0k |
| Virtu Financial LLC | Sold out | -18.9k |
| CITIGROUP INC | Reduced | -15.9k |
| Point72 Asia (Singapore) Pte. Ltd. | Reduced | -11.9k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $10.2k4.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| 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 Q1 2025
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 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 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| First Light Asset Management, LLC 1.29% of their portfolio | 4.5m $11.3m | Reduced -1.5m |
| Topline Capital Management, LLC 2.22% of their portfolio | 3.8m $9.7m | Reduced -505.9k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.8m $4.5m | Added +6.5k |
| Meros Investment Management, LP 1.11% of their portfolio | 746.6k $1.9m | Reduced -19.0k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 603.2k $1.5m | Added +319.5k |
| Archon Capital Management LLC 1.52% of their portfolio | 566.9k $1.4m | Added +378.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 495.3k $1.3m | Added +32.1k |
| ALBION FINANCIAL GROUP /UT 0.08% of their portfolio | 441.4k $1.1m | Reduced -125.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 428.3k $1.1m | Added +214.3k |
| RBF Capital, LLC 0.07% of their portfolio | 420.1k $1.1m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 242.8k $616.7k | Added +158.9k |
| BlackRock, Inc. 0.00% of their portfolio | 232.6k $590.7k | Added +12.5k |
| WHITE PINE CAPITAL LLC 0.20% of their portfolio | 221.9k $563.6k | Added +64.0k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 214.9k $545.9k | Added +147.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 204.5k $519.3k | Added +152.5k |
| MORGAN STANLEY 0.00% of their portfolio | 193.2k $490.7k | Added +106.9k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 163.1k $414.4k | Added +94.2k |
| Squarepoint Ops LLC 0.00% of their portfolio | 141.0k $358.1k | Added +104.7k |
| STATE STREET CORP 0.00% of their portfolio | 135.6k $344.4k | Unchanged |
| HighMark Wealth Management LLC 0.18% of their portfolio | 120.9k $307.2k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 97.0k $246.4k | Unchanged |
| MARSHALL WACE, LLP 0.00% of their portfolio | 95.2k $241.8k | New |
| Empire Financial Management Company, LLC 0.07% of their portfolio | 95.0k $241.4k | Unchanged |
| OMERS ADMINISTRATION Corp 0.00% of their portfolio | 93.9k $238.5k | New |
| Calamos Advisors LLC 0.00% of their portfolio | 88.7k $225.3k | Added +23.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 87.9k $223.2k | Added +8.7k |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 86.4k $219.3k | Added +49.1k |
| Cubist Systematic Strategies, LLC 0.00% of their portfolio | 77.3k $196.3k | Added +69.8k |
| Lakewood Asset Management LLC 0.12% of their portfolio | 71.9k $182.7k | Added +3.7k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 66.9k $170.0k | Added +7.0k |
| Hillsdale Investment Management Inc. 0.01% of their portfolio | 63.5k $161.3k | New |
| HighTower Advisors, LLC 0.00% of their portfolio | 51.4k $130.6k | Added +8.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 50.4k $128.0k | New |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 45.3k $115.1k | New |
| HRT FINANCIAL LP 0.00% of their portfolio | 44.2k $112.0k | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 41.2k $104.7k | Added +23.5k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 41.1k $104.3k | Added +19.2k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 39.7k $100.7k | Added +27.1k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 37.5k $95.3k | Added +6.4k |
| SG Americas Securities, LLC 0.00% of their portfolio | 35.7k $91.0k | New |
| Jefferies Financial Group Inc. 0.00% of their portfolio | 34.3k $87.1k | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 33.2k $84.2k | Reduced -3.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 30.0k $76.2k | Reduced -571 |
| Jain Global LLC 0.00% of their portfolio | 29.3k $74.4k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 28.8k $73.2k | Reduced -6.9k |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.01% of their portfolio | 27.0k $70.0k | New |
| BARD ASSOCIATES INC 0.02% of their portfolio | 25.9k $65.8k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 25.9k $65.7k | Added +184 |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 25.2k $63.0k | New |
| Point72 Asia (Singapore) Pte. Ltd. 0.01% of their portfolio | 20.0k $50.7k | Reduced -11.9k |
| DEBUSSY CAPITAL MANAGEMENT LP 0.01% of their portfolio | 19.7k $50.1k | Unchanged |
| LMR Partners LLP 0.00% of their portfolio | 19.3k $49.0k | New |
| Orion Porfolio Solutions, LLC 0.00% of their portfolio | 18.8k $47.7k | New |
| Orion Portfolio Solutions, LLC 0.00% of their portfolio | 18.8k $47.7k | New |
| Quantessence Capital LLC 0.01% of their portfolio | 16.5k $41.8k | New |
| Souders Financial Advisors 0.01% of their portfolio | 15.1k $38.3k | Unchanged |
| Creative Planning 0.00% of their portfolio | 14.7k $37.3k | Unchanged |
| Catalyst Funds Management Pty Ltd 0.01% of their portfolio | 13.8k $35.0k | New |
| Engineers Gate Manager LP 0.00% of their portfolio | 13.3k $33.8k | Reduced -940 |
| Legato Capital Management LLC 0.00% of their portfolio | 13.2k $33.4k | Unchanged |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 12.8k $32.5k | Unchanged |
| BOOTHBAY FUND MANAGEMENT, LLC 0.00% of their portfolio | 12.4k $31.6k | Unchanged |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 12.0k $30.5k | New |
| Mesirow Financial Investment Management, Inc. 0.00% of their portfolio | 11.0k $27.8k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 10.5k $26.0k | Added +6.8k |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 4.3k $10.8k | Added +2.8k |
| UBS Group AG 0.00% of their portfolio | 4.2k $10.6k | Added +1.6k |
| SouthState Bank Corp 0.00% of their portfolio | 3.0k $7.6k | New |
| Point72 (DIFC) Ltd 0.00% of their portfolio | 2.8k $7.0k | Reduced -2.5k |
| FMR LLC 0.00% of their portfolio | 2.5k $6.5k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 1.9k $4.7k | Reduced -15.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 1.1k $2.7k | First filing |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 1.0k $2.6k | New |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 820 $2.1k | Unchanged |
| NewEdge Advisors, LLC 0.00% of their portfolio | 600 $1.5k | New |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 167 $424 | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 139 $353 | Reduced -2.9k |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 25 $64 | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1 $3 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | Unchanged |