Vault-13

KORU MEDICAL SYSTEMS INC KRMD

COM · Common Stock · CUSIP 759910102

84 institutional holders +8 vs Q3 2025
20,821,34220.8m shares reported held*
44.9% of all shares outstanding*
$121.0mreported value*
14 new 27 added 22 reduced 8 sold out net bought ≈ $362.0k (+62.3k 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 ($440.5k 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 ≈ $5.81. Options: 4 managers hold calls ($188.2k notional), 0 hold puts (—).

Trends to Q4 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: 76Q4 25: 8484Q3 22Q2 23Q1 24Q4 24Q4 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
Q4 202584

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q1 24: 27 bought or addedQ1 24: 24 cut or sold outQ2 24: 31 bought or addedQ2 24: 39 cut or sold outQ2 24Q3 24: 15 bought or addedQ3 24: 39 cut or sold outQ4 24: 28 bought or addedQ4 24: 20 cut or sold outQ4 24Q1 25: 48 bought or addedQ1 25: 17 cut or sold outQ2 25: 43 bought or addedQ2 25: 41 cut or sold outQ2 25Q3 25: 34 bought or addedQ3 25: 27 cut or sold outQ4 25: 41 bought or addedQ4 25: 30 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20242724
Q2 20243139
Q3 20241539
Q4 20242820
Q1 20254817
Q2 20254341
Q3 20253427
Q4 20254130

Calls vs puts

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

CallsPuts
$0$50k$100k$150k$200kQ1 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 0.00Q4 25 calls: $188.2kQ4 25 puts: $0Q4 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2025$10.2k$00.00
Q2 2025$0$0—
Q3 2025$17.0k$00.00
Q4 2025$188.2k$00.00

Biggest buyers

Topline Capital Management, LLC Added +292,774+292.8k
BlackRock, Inc. Added +251,081+251.1k
STATE STREET CORP Added +148,166+148.2k
Informed Momentum Co LLC New +136,716+136.7k
ROYAL BANK OF CANADA Added +131,496+131.5k
MORGAN STANLEY Added +92,809+92.8k
SEI INVESTMENTS CO New +81,710+81.7k
VANGUARD GROUP INC Added +61,926+61.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +45,781+45.8k
Russell Investments Group, Ltd. Added +43,215+43.2k

Biggest sellers

Acuitas Investments, LLC Sold out -763,088-763.1k
First Light Asset Management, LLC Reduced -317,225-317.2k
Empire Financial Management Company, LLC Reduced -121,389-121.4k
Meros Investment Management, LP Reduced -66,515-66.5k
Archon Capital Management LLC Reduced -62,487-62.5k
Squarepoint Ops LLC Reduced -59,971-60.0k
NORTHERN TRUST CORP Reduced -28,900-28.9k
DEUTSCHE BANK AG\ Reduced -21,555-21.6k
GSA CAPITAL PARTNERS LLP Sold out -19,706-19.7k
JPMORGAN CHASE & CO Reduced -16,975-17.0k

Biggest calls

CITADEL ADVISORS LLC New $68.0k11.7k shares
JANE STREET GROUP, LLC New $59.8k10.3k shares
SIMPLEX TRADING, LLC Added $45.3k7.8k shares
GROUP ONE TRADING LLC New $15.1k2.6k 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 Q4 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.

None reported in Q4 2025.

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 First Light Asset Management, LLC 1.87% of their portfolio Edina, MN 4,210,5124.2m $24.5m $24.5m 1.87% Reduced -317.2k -317,225
2 Topline Capital Management, LLC 2.07% of their portfolio SANTA MONICA, CA 3,941,0143.9m $22.9m $22.9m 2.07% Added +292.8k +292,774
3 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,392,7112.4m $13.9m $13.9m 0.00% Added +251.1k +251,081
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,207,6982.2m $12.8m $12.8m 0.00% Added +61.9k +61,926
5 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,022,8601.0m $5.9m $5.9m 0.00% Added +16.1k +16,062
6 Meros Investment Management, LP 1.80% of their portfolio DALLAS, TX 782,386782.4k $4.5m $4.5m 1.80% Reduced -66.5k -66,515
7 Empire Financial Management Company, LLC 0.89% of their portfolio NEW YORK, NY 703,139703.1k $4.1m $4.1m 0.89% Reduced -121.4k -121,389
8 Simcoe Capital LLC 3.69% of their portfolio SPOKANE, WA 674,925674.9k $3.9m $3.9m 3.69% First filing
9 Archon Capital Management LLC 2.11% of their portfolio Seattle, WA 637,660637.7k $3.7m $3.7m 2.11% Reduced -62.5k -62,487
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 602,645602.6k $3.5m $3.5m 0.00% Added +148.2k +148,166
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 427,026427.0k $2.5m $2.5m 0.00% Added +92.8k +92,809
12 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 312,798312.8k $1.8m $1.8m 0.00% Reduced -28.9k -28,900
13 WHITE PINE CAPITAL LLC 0.35% of their portfolio BLOOMINGTON, MN 221,199221.2k $1.3m $1.3m 0.35% Reduced -4.3k -4,304
14 ALBION FINANCIAL GROUP /UT 0.08% of their portfolio SALT LAKE CITY, UT 216,374216.4k $1.3m $1.3m 0.08% Unchanged
15 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 195,773195.8k $1.1m $1.1m 0.00% Added +43.2k +43,215
16 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 169,349169.3k $983.9k $983.9k 0.00% Added +41.5k +41,488
17 Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio VANCOUVER, A1 138,512138.5k $804.8k $804.8k 0.00% Added +20.8k +20,849
18 Informed Momentum Co LLC 0.09% of their portfolio SOLANA BEACH, CA 136,716136.7k $794.3k $794.3k 0.09% New
19 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 133,004133.0k $773.0k $773.0k 0.00% Added +131.5k +131,496
20 HighMark Wealth Management LLC 0.29% of their portfolio ST. PAUL, MN 120,935120.9k $702.6k $702.6k 0.29% Unchanged
21 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 120,664120.7k $701.1k $701.1k 0.00% Unchanged
22 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 97,00597.0k $563.6k $563.6k 0.00% Added +5 +5
23 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 90,46190.5k $525.6k $525.6k 0.00% Reduced -988 -988
24 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 81,71081.7k $474.7k $474.7k 0.00% New
25 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 80,96181.0k $470.4k $470.4k 0.00% Added +35.2k +35,238
26 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 78,25378.3k $451.0k $451.0k 0.00% Added +40.8k +40,802
27 Lakewood Asset Management LLC 0.25% of their portfolio NAPERVILLE, IL 73,94573.9k $429.6k $429.6k 0.25% Added +2.0k +2,000
28 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 67,44267.4k $391.8k $391.8k 0.00% Added +5.5k +5,457
29 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 55,33055.3k $321.5k $321.5k 0.00% Unchanged
30 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 51,40051.4k $298.6k $298.6k 0.00% Unchanged
31 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 47,26447.3k $274.6k $274.6k 0.00% Added +20.7k +20,720
32 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 47,05547.1k $273.4k $273.4k 0.00% Reduced -60.0k -59,971
33 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 45,78145.8k $266.0k $266.0k 0.00% New
34 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio HOUSTON, TX 45,30545.3k $263.2k $263.2k 0.01% Unchanged
35 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 38,31338.3k $222.6k $222.6k 0.00% New
36 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 35,07535.1k $203.8k $203.8k 0.00% Reduced -21.6k -21,555
37 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 30,64330.6k $178.0k $178.0k 0.00% New
38 Baader Bank Aktiengesellschaft 0.01% of their portfolio Unterschleissheim, 2M 30,00030.0k $174.3k $174.3k 0.01% Not comparable
39 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 29,58029.6k $171.9k $171.9k 0.00% Reduced -8.1k -8,065
40 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 27,92627.9k $162.2k $162.2k 0.00% Added +15.7k +15,688
41 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 27,87327.9k $161.9k $161.9k 0.00% Added +5.5k +5,546
42 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 27,03627.0k $158.0k $158.0k 0.00% Added +5.6k +5,649
43 GLOBEFLEX CAPITAL L P 0.02% of their portfolio SAN DIEGO, CA 26,00826.0k $151.1k $151.1k 0.02% New
44 Summit Trail Advisors, LLC 0.00% of their portfolio NEW YORK, NY 25,00025.0k $145.2k $145.2k 0.00% Unchanged
45 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 24,91124.9k $144.7k $144.7k 0.00% Added +3.3k +3,323
46 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 22,59122.6k $131.2k $131.2k 0.00% Reduced -13.8k -13,794
47 OCCUDO QUANTITATIVE STRATEGIES LP 0.01% of their portfolio FORT LAUDERDALE, FL 21,79221.8k $126.6k $126.6k 0.01% New
48 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 20,42520.4k $118.7k $118.7k 0.00% Unchanged
49 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 20,09220.1k $116.7k $116.7k 0.00% Added +128 +128
50 DEBUSSY CAPITAL MANAGEMENT LP 0.02% of their portfolio CHICAGO, IL 19,71319.7k $114.5k $114.5k 0.02% Unchanged
51 INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio WEST PALM BEACH, FL 19,56519.6k $113.7k $113.7k 0.00% Reduced -2.5k -2,524
52 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 18,77518.8k $109.1k $109.1k 0.00% Unchanged
53 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 17,83517.8k $103.6k $103.6k 0.00% Reduced -17.0k -16,975
54 UBS Group AG 0.00% of their portfolio ZURICH, V8 17,01717.0k $98.9k $98.9k 0.00% Reduced -1.8k -1,817
55 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 16,37616.4k $95.1k $95.1k 0.00% Reduced -8.0k -7,988
56 BARD ASSOCIATES INC 0.02% of their portfolio CHICAGO, IL 14,59014.6k $84.8k $84.8k 0.02% Unchanged
57 ALGERT GLOBAL LLC 0.00% of their portfolio SAN FRANCISCO, CA 14,46714.5k $84.1k $84.1k 0.00% Added +2.8k +2,820
58 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 13,16313.2k $76.5k $76.5k 0.00% Unchanged
59 Engineers Gate Manager LP 0.00% of their portfolio NEW YORK, NY 12,92112.9k $75.1k $75.1k 0.00% Reduced -8.6k -8,569
60 Mesirow Financial Investment Management, Inc. 0.00% of their portfolio CHICAGO, IL 12,45912.5k $72.4k $72.4k 0.00% Added +1.5k +1,500
61 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 11,80011.8k $68.6k $68.6k 0.00% New
62 TWO SIGMA SECURITIES, LLC 0.01% of their portfolio NEW YORK, NY 11,76511.8k $68.4k $68.4k 0.01% New
63 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 10,35410.4k $60.2k $60.2k 0.00% Reduced -2.9k -2,861
64 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 10,00310.0k $58.1k $58.1k 0.00% Reduced -145 -145
65 FMR LLC 0.00% of their portfolio BOSTON, MA 8,6948.7k $50.5k $50.5k 0.00% Added +7.5k +7,471
66 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 8,2558.3k $48.0k $48.0k 0.00% Unchanged
67 Legal & General Group Plc 0.00% of their portfolio London, X0 4,5634.6k $26.5k $26.5k 0.00% Reduced -172 -172
68 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 4,3364.3k $25.2k $25.2k 0.00% Unchanged
69 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 2,6612.7k $15.5k $15.5k 0.00% Added +9 +9
70 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 2,5002.5k $14.5k $14.5k 0.00% New
71 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1,9622.0k $11.4k $11.4k 0.00% Reduced -1.7k -1,703
72 Hillsdale Investment Management Inc. 0.00% of their portfolio Toronto, A6 1,6001.6k $9.3k $9.3k 0.00% Unchanged
73 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 1,3571.4k $8.0k $8.0k 0.00% Reduced -93 -93
74 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,0711.1k $6.2k $6.2k 0.00% Reduced -793 -793
75 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 820820 $4.8k $4.8k 0.00% Unchanged
76 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 600600 $3.5k $3.5k 0.00% Unchanged
77 Sterling Capital Management LLC 0.00% of their portfolio CHARLOTTE, NC 281281 $1.6k $1.6k 0.00% Added +176 +176
78 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 238238 $1.4k $1.4k 0.00% New
79 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 167167 $970 $970 0.00% Unchanged
80 CWM, LLC 0.00% of their portfolio OMAHA, NE 145145 $1.0k $1.0k 0.00% Added +13 +13
81 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 2525 $145 $145 0.00% Unchanged
82 Essential Partners LLC 0.00% of their portfolio RANCHO SANTA FE, CA 33 $17 $17 0.00% New
83 True Wealth Design, LLC 0.00% of their portfolio AKRON, OH 11 $6 $6 0.00% New
84 Hughes Financial Services, LLC 0.00% of their portfolio HERNDON, VA 11 $6 $6 0.00% New