Vault-13

KORU MEDICAL SYSTEMS INC KRMD

COM · Common Stock · CUSIP 759910102

76 institutional holders -4 vs Q2 2025
20,089,21320.1m shares reported held*
43.4% of all shares outstanding*
$77.0mreported value*
7 new 27 added 17 reduced 10 sold out net bought ≈ $2.8m (+736.7k shares)

* 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 ($155.9k this quarter). Holder counts are more reliable. Shares outstanding: 46.3m as of 2025-11-12, 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 ≈ $3.83. Options: 1 managers hold calls ($17.0k notional), 0 hold puts (—).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 40Q4 22: 42Q1 23: 55Q2 23: 63Q3 23: 56Q4 23: 59Q1 24: 60Q2 24: 66Q3 24: 55Q4 24: 65Q1 25: 80Q2 25: 80Q3 25: 7676Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 202240
Q4 202242
Q1 202355
Q2 202363
Q3 202356
Q4 202359
Q1 202460
Q2 202466
Q3 202455
Q4 202465
Q1 202580
Q2 202580
Q3 202576

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q4 23: 26 bought or addedQ4 23: 19 cut or sold outQ1 24: 27 bought or addedQ1 24: 24 cut or sold outQ1 24Q2 24: 31 bought or addedQ2 24: 39 cut or sold outQ3 24: 15 bought or addedQ3 24: 39 cut or sold outQ3 24Q4 24: 28 bought or addedQ4 24: 20 cut or sold outQ1 25: 48 bought or addedQ1 25: 17 cut or sold outQ1 25Q2 25: 43 bought or addedQ2 25: 41 cut or sold outQ3 25: 34 bought or addedQ3 25: 27 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20232619
Q1 20242724
Q2 20243139
Q3 20241539
Q4 20242820
Q1 20254817
Q2 20254341
Q3 20253427

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20k$40k$60kQ4 24 calls: $11.6kQ4 24 puts: $45.4kQ4 24P/C 3.93Q1 25 calls: $10.2kQ1 25 puts: $0Q1 25P/C 0.00Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $17.0kQ3 25 puts: $0Q3 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q4 2024$11.6k$45.4k3.93
Q1 2025$10.2k$00.00
Q2 2025$0$0—
Q3 2025$17.0k$00.00

Biggest buyers

Empire Financial Management Company, LLC New +824,528+824.5k
Acuitas Investments, LLC Added +360,594+360.6k
BlackRock, Inc. Added +260,731+260.7k
STATE STREET CORP Added +60,250+60.2k
VANGUARD GROUP INC Added +60,109+60.1k
DEUTSCHE BANK AG\ Added +55,501+55.5k
Topline Capital Management, LLC Added +39,893+39.9k
GOLDMAN SACHS GROUP INC Added +37,136+37.1k
Connor, Clark & Lunn Investment Management Ltd. Added +35,032+35.0k
MORGAN STANLEY Added +34,397+34.4k

Biggest sellers

RBF Capital, LLC Sold out -357,405-357.4k
First Light Asset Management, LLC Reduced -153,889-153.9k
ALBION FINANCIAL GROUP /UT Reduced -140,000-140.0k
RENAISSANCE TECHNOLOGIES LLC Sold out -104,600-104.6k
CITADEL ADVISORS LLC Sold out -82,805-82.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -53,966-54.0k
MILLENNIUM MANAGEMENT LLC Reduced -43,849-43.8k
GSA CAPITAL PARTNERS LLP Reduced -39,814-39.8k
MARSHALL WACE, LLP Sold out -34,004-34.0k
RAYMOND JAMES FINANCIAL INC Sold out -30,000-30.0k

Biggest calls

SIMPLEX TRADING, LLC New $17.0k4.6k shares

Biggest puts

None

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.

HolderStakeChangeShares Last filed
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% -1.4 pts 5.8m≈ $24.5m 2026-02-13
Topline Capital Management, LLC 13G · institution filed 2026-02-13 8.5% 3.9m≈ $16.6m 2026-02-13
First Light Asset Management, LLC 13G · institution -2.2 pts · filed 2026-02-17 8.3% -2.2 pts 3.8m≈ $16.1m 2026-02-17
BlackRock, Inc. 13G · institution +0.7 pts · filed 2026-07-29 5.6% +0.7 pts 2.6m≈ $10.8m 2026-07-29

Insider purchases and sales in Q3 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)

BuyingSelling
101Q4 23: 1 buyingQ4 23: 1 sellingQ1 24: 0 buyingQ1 24: 0 sellingQ1 24Q2 24: 0 buyingQ2 24: 0 sellingQ3 24: 0 buyingQ3 24: 0 sellingQ3 24Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20231$350.0k1$350.0k—
Q1 20240—0——
Q2 20240—0——
Q3 20240—0——
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——

None reported in Q3 2025.

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 First Light Asset Management, LLC 1.63% of their portfolio Edina, MN 4,527,7374.5m $17.3m $17.3m 1.63% Reduced -153.9k -153,889
2 Topline Capital Management, LLC 2.40% of their portfolio SANTA MONICA, CA 3,648,2403.6m $14.0m $14.0m 2.40% Added +39.9k +39,893
3 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,145,7722.1m $8.2m $8.2m 0.00% Added +60.1k +60,109
4 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,141,6302.1m $8.2m $8.2m 0.00% Added +260.7k +260,731
5 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,006,7981.0m $3.9m $3.9m 0.00% Added +9.7k +9,651
6 Meros Investment Management, LP 1.39% of their portfolio DALLAS, TX 848,901848.9k $3.3m $3.3m 1.39% Reduced -1.5k -1,489
7 Empire Financial Management Company, LLC 0.72% of their portfolio NEW YORK, NY 824,528824.5k $3.2m $3.2m 0.72% New
8 Acuitas Investments, LLC 1.88% of their portfolio Seattle, WA 763,088763.1k $2.9m $2.9m 1.88% Added +360.6k +360,594
9 Archon Capital Management LLC 1.60% of their portfolio Seattle, WA 700,147700.1k $2.7m $2.7m 1.60% Unchanged
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 454,479454.5k $1.7m $1.7m 0.00% Added +60.2k +60,250
11 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 341,698341.7k $1.3m $1.3m 0.00% Added +17.7k +17,660
12 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 334,217334.2k $1.3m $1.3m 0.00% Added +34.4k +34,397
13 WHITE PINE CAPITAL LLC 0.25% of their portfolio BLOOMINGTON, MN 225,503225.5k $863.7k $863.7k 0.25% Added +78 +78
14 ALBION FINANCIAL GROUP /UT 0.05% of their portfolio SALT LAKE CITY, UT 216,374216.4k $828.7k $828.7k 0.05% Reduced -140.0k -140,000
15 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 152,558152.6k $584.3k $584.3k 0.00% Reduced -1.7k -1,698
16 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 127,861127.9k $489.7k $489.7k 0.00% Added +37.1k +37,136
17 HighMark Wealth Management LLC 0.20% of their portfolio ST. PAUL, MN 120,935120.9k $463.2k $463.2k 0.20% Unchanged
18 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 120,664120.7k $462.1k $462.1k 0.00% Added +1.5k +1,543
19 Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio VANCOUVER, A1 117,663117.7k $450.6k $450.6k 0.00% Added +35.0k +35,032
20 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 107,026107.0k $409.9k $409.9k 0.00% Reduced -1.6k -1,627
21 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 97,00097.0k $371.5k $371.5k 0.00% Unchanged
22 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 91,44991.4k $350.2k $350.2k 0.00% Added +1.6k +1,567
23 Lakewood Asset Management LLC 0.17% of their portfolio NAPERVILLE, IL 71,94571.9k $275.5k $275.5k 0.17% Unchanged
24 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 61,98562.0k $237.4k $237.4k 0.00% Reduced -17.1k -17,134
25 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 56,63056.6k $216.9k $216.9k 0.00% Added +55.5k +55,501
26 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 55,33055.3k $211.9k $211.9k 0.00% Unchanged
27 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 51,40051.4k $196.9k $196.9k 0.00% Unchanged
28 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 45,72345.7k $175.1k $175.1k 0.00% Reduced -2.2k -2,183
29 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.00% of their portfolio HOUSTON, TX 45,30545.3k $173.5k $173.5k 0.00% Unchanged
30 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 37,64537.6k $144.2k $144.2k 0.00% Reduced -882 -882
31 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 37,45137.5k $140.0k $140.0k 0.00% Added +12.2k +12,219
32 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 36,38536.4k $153.5k $153.5k 0.00% Added +7.5k +7,546
33 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 34,81034.8k $133.3k $133.3k 0.00% Added +14.1k +14,123
34 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 26,54426.5k $101.7k $101.7k 0.00% Added +4.6k +4,593
35 Summit Trail Advisors, LLC 0.00% of their portfolio NEW YORK, NY 25,00025.0k $95.8k $95.8k 0.00% Unchanged
36 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 24,36424.4k $93.3k $93.3k 0.00% Reduced -2.0k -2,021
37 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 22,32722.3k $85.5k $85.5k 0.00% Added +2 +2
38 INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio WEST PALM BEACH, FL 22,08922.1k $84.6k $84.6k 0.00% Added +1.8k +1,791
39 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 21,58821.6k $82.7k $82.7k 0.00% New
40 Engineers Gate Manager LP 0.00% of their portfolio NEW YORK, NY 21,49021.5k $82.3k $82.3k 0.00% Added +6.6k +6,647
41 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 21,38721.4k $82.0k $82.0k 0.00% Unchanged
42 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 20,42520.4k $78.2k $78.2k 0.00% New
43 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 19,96420.0k $76.5k $76.5k 0.00% Reduced -3.3k -3,258
44 DEBUSSY CAPITAL MANAGEMENT LP 0.01% of their portfolio CHICAGO, IL 19,71319.7k $75.5k $75.5k 0.01% Unchanged
45 GSA CAPITAL PARTNERS LLP 0.01% of their portfolio LONDON, X0 19,70619.7k $75.0k $75.0k 0.01% Reduced -39.8k -39,814
46 UBS Group AG 0.00% of their portfolio ZURICH, V8 18,83418.8k $72.1k $72.1k 0.00% Added +1.6k +1,565
47 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 18,77518.8k $71.9k $71.9k 0.00% Unchanged
48 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 16,22516.2k $62.1k $62.1k 0.00% Added +1.6k +1,558
49 Souders Financial Advisors 0.01% of their portfolio CINCINNATI, OH 15,07515.1k $57.7k $57.7k 0.01% Unchanged
50 BARD ASSOCIATES INC 0.01% of their portfolio CHICAGO, IL 14,59014.6k $55.9k $55.9k 0.01% Unchanged
51 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 13,21513.2k $50.6k $50.6k 0.00% Reduced -43.8k -43,849
52 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 13,16313.2k $50.4k $50.4k 0.00% Reduced -14.8k -14,837
53 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 12,85012.8k $49.2k $49.2k 0.00% New
54 Legato Capital Management LLC 0.01% of their portfolio San Francisco, CA 12,54812.5k $48.1k $48.1k 0.01% Unchanged
55 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 12,23812.2k $46.9k $46.9k 0.00% Reduced -1.6k -1,591
56 ALGERT GLOBAL LLC 0.00% of their portfolio SAN FRANCISCO, CA 11,64711.6k $44.6k $44.6k 0.00% Unchanged
57 Mesirow Financial Investment Management, Inc. 0.00% of their portfolio CHICAGO, IL 10,95911.0k $42.0k $42.0k 0.00% Unchanged
58 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 10,14810.1k $38.9k $38.9k 0.00% Added +3.5k +3,478
59 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 8,2558.3k $31.6k $31.6k 0.00% Unchanged
60 Legal & General Group Plc 0.00% of their portfolio London, X0 4,7354.7k $18.1k $18.1k 0.00% Unchanged
61 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 4,3364.3k $16.6k $16.6k 0.00% Unchanged
62 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 3,6653.7k $14.0k $14.0k 0.00% New
63 SouthState Bank Corp 0.00% of their portfolio Winter Haven, FL 3,0003.0k $11.5k $11.5k 0.00% Unchanged
64 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 2,6522.7k $10.2k $10.2k 0.00% Added +2 +2
65 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,8641.9k $7.1k $7.1k 0.00% Reduced -13.2k -13,235
66 Hillsdale Investment Management Inc. 0.00% of their portfolio Toronto, A6 1,6001.6k $6.1k $6.1k 0.00% Unchanged
67 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,5081.5k $6.0k $6.0k 0.00% Reduced -5.2k -5,164
68 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 1,4501.4k $6.0k $6.0k 0.00% Unchanged
69 FMR LLC 0.00% of their portfolio BOSTON, MA 1,2231.2k $4.7k $4.7k 0.00% Added +170 +170
70 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 820820 $3.1k $3.1k 0.00% Unchanged
71 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 600600 $2.3k $2.3k 0.00% Unchanged
72 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 167167 $640 $640 0.00% Unchanged
73 CWM, LLC 0.00% of their portfolio OMAHA, NE 132132 $1.0k $1.0k 0.00% New
74 Sterling Capital Management LLC 0.00% of their portfolio CHARLOTTE, NC 105105 $402 $402 0.00% Added +2 +2
75 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 4545 $172 $172 0.00% New
76 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 2525 $96 $96 0.00% Reduced -976 -976