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 ($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
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 |
| Q2 2025 | 80 |
| Q3 2025 | 76 |
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 2023 | 26 | 19 |
| Q1 2024 | 27 | 24 |
| Q2 2024 | 31 | 39 |
| Q3 2024 | 15 | 39 |
| Q4 2024 | 28 | 20 |
| Q1 2025 | 48 | 17 |
| Q2 2025 | 43 | 41 |
| Q3 2025 | 34 | 27 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $11.6k | $45.4k | 3.93 |
| Q1 2025 | $10.2k | $0 | 0.00 |
| Q2 2025 | $0 | $0 | — |
| Q3 2025 | $17.0k | $0 | 0.00 |
Biggest buyers
| Empire Financial Management Company, LLC | New | +824.5k |
| Acuitas Investments, LLC | Added | +360.6k |
| BlackRock, Inc. | Added | +260.7k |
| STATE STREET CORP | Added | +60.2k |
| VANGUARD GROUP INC | Added | +60.1k |
| DEUTSCHE BANK AG\ | Added | +55.5k |
| Topline Capital Management, LLC | Added | +39.9k |
| GOLDMAN SACHS GROUP INC | Added | +37.1k |
| Connor, Clark & Lunn Investment Management Ltd. | Added | +35.0k |
| MORGAN STANLEY | Added | +34.4k |
Biggest sellers
| RBF Capital, LLC | Sold out | -357.4k |
| First Light Asset Management, LLC | Reduced | -153.9k |
| ALBION FINANCIAL GROUP /UT | Reduced | -140.0k |
| RENAISSANCE TECHNOLOGIES LLC | Sold out | -104.6k |
| CITADEL ADVISORS LLC | Sold out | -82.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -54.0k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -43.8k |
| GSA CAPITAL PARTNERS LLP | Reduced | -39.8k |
| MARSHALL WACE, LLP | Sold out | -34.0k |
| RAYMOND JAMES FINANCIAL INC | Sold out | -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.
| 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 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
None reported in Q3 2025.
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| First Light Asset Management, LLC 1.63% of their portfolio | 4.5m $17.3m | Reduced -153.9k |
| Topline Capital Management, LLC 2.40% of their portfolio | 3.6m $14.0m | Added +39.9k |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.1m $8.2m | Added +60.1k |
| BlackRock, Inc. 0.00% of their portfolio | 2.1m $8.2m | Added +260.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.0m $3.9m | Added +9.7k |
| Meros Investment Management, LP 1.39% of their portfolio | 848.9k $3.3m | Reduced -1.5k |
| Empire Financial Management Company, LLC 0.72% of their portfolio | 824.5k $3.2m | New |
| Acuitas Investments, LLC 1.88% of their portfolio | 763.1k $2.9m | Added +360.6k |
| Archon Capital Management LLC 1.60% of their portfolio | 700.1k $2.7m | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 454.5k $1.7m | Added +60.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 341.7k $1.3m | Added +17.7k |
| MORGAN STANLEY 0.00% of their portfolio | 334.2k $1.3m | Added +34.4k |
| WHITE PINE CAPITAL LLC 0.25% of their portfolio | 225.5k $863.7k | Added +78 |
| ALBION FINANCIAL GROUP /UT 0.05% of their portfolio | 216.4k $828.7k | Reduced -140.0k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 152.6k $584.3k | Reduced -1.7k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 127.9k $489.7k | Added +37.1k |
| HighMark Wealth Management LLC 0.20% of their portfolio | 120.9k $463.2k | Unchanged |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 120.7k $462.1k | Added +1.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 117.7k $450.6k | Added +35.0k |
| Squarepoint Ops LLC 0.00% of their portfolio | 107.0k $409.9k | Reduced -1.6k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 97.0k $371.5k | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 91.4k $350.2k | Added +1.6k |
| Lakewood Asset Management LLC 0.17% of their portfolio | 71.9k $275.5k | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 62.0k $237.4k | Reduced -17.1k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 56.6k $216.9k | Added +55.5k |
| Nuveen, LLC 0.00% of their portfolio | 55.3k $211.9k | Unchanged |
| HighTower Advisors, LLC 0.00% of their portfolio | 51.4k $196.9k | Unchanged |
| Calamos Advisors LLC 0.00% of their portfolio | 45.7k $175.1k | Reduced -2.2k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 45.3k $173.5k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 37.6k $144.2k | Reduced -882 |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 37.5k $140.0k | Added +12.2k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 36.4k $153.5k | Added +7.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 34.8k $133.3k | Added +14.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 26.5k $101.7k | Added +4.6k |
| Summit Trail Advisors, LLC 0.00% of their portfolio | 25.0k $95.8k | Unchanged |
| MetLife Investment Management, LLC 0.00% of their portfolio | 24.4k $93.3k | Reduced -2.0k |
| Invesco Ltd. 0.00% of their portfolio | 22.3k $85.5k | Added +2 |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 22.1k $84.6k | Added +1.8k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 21.6k $82.7k | New |
| Engineers Gate Manager LP 0.00% of their portfolio | 21.5k $82.3k | Added +6.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 21.4k $82.0k | Unchanged |
| Wealthspire Advisors, LLC 0.00% of their portfolio | 20.4k $78.2k | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 20.0k $76.5k | Reduced -3.3k |
| DEBUSSY CAPITAL MANAGEMENT LP 0.01% of their portfolio | 19.7k $75.5k | Unchanged |
| GSA CAPITAL PARTNERS LLP 0.01% of their portfolio | 19.7k $75.0k | Reduced -39.8k |
| UBS Group AG 0.00% of their portfolio | 18.8k $72.1k | Added +1.6k |
| Orion Porfolio Solutions, LLC 0.00% of their portfolio | 18.8k $71.9k | Unchanged |
| Creative Planning 0.00% of their portfolio | 16.2k $62.1k | Added +1.6k |
| Souders Financial Advisors 0.01% of their portfolio | 15.1k $57.7k | Unchanged |
| BARD ASSOCIATES INC 0.01% of their portfolio | 14.6k $55.9k | Unchanged |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 13.2k $50.6k | Reduced -43.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 13.2k $50.4k | Reduced -14.8k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 12.8k $49.2k | New |
| Legato Capital Management LLC 0.01% of their portfolio | 12.5k $48.1k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 12.2k $46.9k | Reduced -1.6k |
| ALGERT GLOBAL LLC 0.00% of their portfolio | 11.6k $44.6k | Unchanged |
| Mesirow Financial Investment Management, Inc. 0.00% of their portfolio | 11.0k $42.0k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 10.1k $38.9k | Added +3.5k |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 8.3k $31.6k | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 4.7k $18.1k | Unchanged |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 4.3k $16.6k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 3.7k $14.0k | New |
| SouthState Bank Corp 0.00% of their portfolio | 3.0k $11.5k | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 2.7k $10.2k | Added +2 |
| CITIGROUP INC 0.00% of their portfolio | 1.9k $7.1k | Reduced -13.2k |
| Hillsdale Investment Management Inc. 0.00% of their portfolio | 1.6k $6.1k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1.5k $6.0k | Reduced -5.2k |
| AMALGAMATED BANK 0.00% of their portfolio | 1.4k $6.0k | Unchanged |
| FMR LLC 0.00% of their portfolio | 1.2k $4.7k | Added +170 |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 820 $3.1k | Unchanged |
| NewEdge Advisors, LLC 0.00% of their portfolio | 600 $2.3k | Unchanged |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 167 $640 | Unchanged |
| CWM, LLC 0.00% of their portfolio | 132 $1.0k | New |
| Sterling Capital Management LLC 0.00% of their portfolio | 105 $402 | Added +2 |
| Arax Advisory Partners 0.00% of their portfolio | 45 $172 | New |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 25 $96 | Reduced -976 |