Vault-13

SANUWAVE HEALTH INC SNWV

COM · Common Stock · CUSIP 80303D305

50 institutional holders -13 vs Q1 2026
3,204,9863.2m shares reported held*
37.3% of all shares outstanding*
$32.3mreported value*
12 new 14 added 15 reduced 24 sold out net sold ≈ $9.5m (-954.0k 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 ($6.5k this quarter). Holder counts are more reliable. Shares outstanding: 8.6m as of 2026-08-04, 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 ≈ $10.08.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q4 24: 1Q1 25: 20Q2 25: 47Q3 25: 59Q4 25: 59Q1 26: 63Q2 26: 5050Q4 24Q2 25Q4 25Q2 26
Numbers
QuarterHolders
Q4 20241
Q1 202520
Q2 202547
Q3 202559
Q4 202559
Q1 202663
Q2 202650

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 25: 19 bought or addedQ1 25: 0 cut or sold outQ1 25Q2 25: 36 bought or addedQ2 25: 13 cut or sold outQ2 25Q3 25: 32 bought or addedQ3 25: 15 cut or sold outQ3 25Q4 25: 31 bought or addedQ4 25: 28 cut or sold outQ4 25Q1 26: 32 bought or addedQ1 26: 24 cut or sold outQ1 26Q2 26: 26 bought or addedQ2 26: 39 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q1 2025190
Q2 20253613
Q3 20253215
Q4 20253128
Q1 20263224
Q2 20262639

Biggest buyers

Solas Capital Management, LLC Added +323,454+323.5k
UBS Group AG Added +46,528+46.5k
Praetorian PR LLC Added +45,000+45.0k
MARSHALL WACE, LLP New +42,125+42.1k
CITADEL ADVISORS LLC Added +41,375+41.4k
Luxor Capital Group, LP New +37,200+37.2k
JPMORGAN CHASE & CO Added +36,649+36.6k
MORGAN STANLEY Added +25,826+25.8k
JANE STREET GROUP, LLC New +23,847+23.8k
AQR CAPITAL MANAGEMENT LLC New +22,908+22.9k

Biggest sellers

Opaleye Management Inc. Reduced -675,127-675.1k
BlackRock, Inc. Reduced -321,673-321.7k
STIFEL FINANCIAL CORP Sold out -251,633-251.6k
STATE STREET CORP Reduced -107,807-107.8k
GEODE CAPITAL MANAGEMENT, LLC Reduced -85,700-85.7k
NORTHERN TRUST CORP Reduced -46,337-46.3k
VANGUARD PORTFOLIO MANAGEMENT LLC Sold out -44,328-44.3k
BRIDGEWAY CAPITAL MANAGEMENT, LLC Reduced -29,279-29.3k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Sold out -21,935-21.9k
Bank of New York Mellon Corp Sold out -15,817-15.8k

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
MANCHESTER MANAGEMENT CO LLC 13D · may seek influence -0.3 pts · filed 2025-12-15
Stated purposeThere are no material changes to Item 4 of the Schedule 13D amendment, submitted on October 22, 2024. The Reporting Persons have acquired their Shares of the Issuer for investment. The Reporting Persons have no plans or proposals as of the date of this filing which, other than as expressly set forth below, would relate to or would result in: (a) any extraordinary corporate transaction involving the Issuer; (b) any change in the present Board of Directors or management of the Issuer; (c) any material change in the present capitalization or dividend policy of the Issuer; (d) any material change in the operating policies or corporate structure of the Issuer; (e) any change in the Issuer's charter or by-laws; (f) the Shares of the Issuer ceasing to be listed from a national securities exchang… Full filing
10.8% -0.3 pts 930.0k≈ $9.3m 2025-12-15
Solas Capital Management, LLC 13G · institution +3.6 pts · filed 2026-08-14 7.1% +3.6 pts 611.0k≈ $6.1m 2026-08-14
AWM Investment Company, Inc. 13G · institution -1.1 pts · filed 2025-05-09 6.0% -1.1 pts 513.2k≈ $5.1m 2025-05-09

Fell to 5% or below in the last year: Opaleye Management Inc. (3.6%, 2026-07-31), BlackRock, Inc. (1.5%, 2026-07-30), VANGUARD GROUP INC (0.0%, 2026-03-27)

Insider purchases and sales since 1 Apr 2026

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
202Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 2 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 0 buyingQ2 26: 0 sellingQ3 26: 0 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20250—0——
Q2 20250—2$166.6k—
Q3 20250—0——
Q4 20250—0——
Q1 20260—0——
Q2 20260—0——
Q3 20260—0——
DateInsiderTradeSharesPrice ValueTheir holding
2026-05-01 Opaleye Management Inc. 10% owner · By Opaleye, L.P. Sold 10,081 $16.11 $162.4k10.1k shares -1%
2026-05-01 Opaleye Management Inc. 10% owner · By Managed account Sold 500 $16.11 $8.1k500 shares -9%
2026-04-30 Opaleye Management Inc. 10% owner · By Opaleye, L.P. Sold 24,000 $16.15 $387.6k24.0k shares -3%
2026-04-30 Opaleye Management Inc. 10% owner · By Managed account Sold 1,000 $16.15 $16.1k1.0k shares -15%
2026-04-29 Opaleye Management Inc. 10% owner · By Opaleye, L.P. Sold 23,360 $17.25 $403.0k23.4k shares -3%
2026-04-29 Opaleye Management Inc. 10% owner · By Managed account Sold 1,000 $17.25 $17.2k1.0k shares -13%
2026-04-28 Opaleye Management Inc. 10% owner · By Opaleye, L.P. Sold 43,788 $18.47 $808.8k43.8k shares -5%
2026-04-28 Opaleye Management Inc. 10% owner · By Managed account Sold 2,500 $18.47 $46.2k2.5k shares -25%
2026-04-21 Opaleye Management Inc. 10% owner · By Opaleye, L.P. Sold 202 $20.50 $4.1k202 shares -<1%
2026-04-17 Opaleye Management Inc. 10% owner · By Opaleye, L.P. Sold 11,267 $20.46 $230.5k11.3k shares -1%
2026-04-17 Opaleye Management Inc. 10% owner · By Managed account Sold 5,000 $20.46 $102.3k5.0k shares -33%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Solas Capital Management, LLC 3.27% of their portfolio DARIEN, CT 610,968611.0k $6.1m $6.1m 3.27% Added +323.5k +323,454
2 AWM Investment Company, Inc. 0.39% of their portfolio NEW YORK, NY 454,550454.6k $4.5m $4.5m 0.39% Unchanged
3 Praetorian PR LLC 1.26% of their portfolio RINCON, PR 395,000395.0k $4.0m $4.0m 1.26% Added +45.0k +45,000
4 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 352,756352.8k $3.5m $3.5m 0.00% Added +3.9k +3,882
5 Opaleye Management Inc. 0.28% of their portfolio BOSTON, MA 306,140306.1k $3.1m $3.1m 0.28% Reduced -675.1k -675,127
6 UBS Group AG 0.00% of their portfolio ZURICH, V8 256,791256.8k $2.6m $2.6m 0.00% Added +46.5k +46,528
7 BlackRock, Inc. 0.00% of their portfolio New York, NY 159,867159.9k $1.6m $1.6m 0.00% Reduced -321.7k -321,673
8 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 86,09886.1k $861.4k $861.4k 0.00% Reduced -85.7k -85,700
9 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 59,47359.5k $594.7k $594.7k 0.00% Added +41.4k +41,375
10 VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio MALVERN, PA 43,09743.1k $431.0k $431.0k 0.00% Reduced -6.2k -6,184
11 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 42,12542.1k $421.2k $421.2k 0.00% New
12 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 40,42640.4k $404.3k $404.3k 0.00% Added +1.9k +1,921
13 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 39,69739.7k $391.0k $391.0k 0.00% Added +36.6k +36,649
14 Stonebridge Wealth Management, LLC 0.34% of their portfolio OAK BROOK, IL 38,43438.4k $384.3k $384.3k 0.34% Added +1.2k +1,250
15 Luxor Capital Group, LP 0.04% of their portfolio NEW YORK, NY 37,20037.2k $372.0k $372.0k 0.04% New
16 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 32,28232.3k $322.8k $322.8k 0.00% Reduced -107.8k -107,807
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 31,61931.6k $316.2k $316.2k 0.00% Added +25.8k +25,826
18 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 23,84723.8k $238.5k $238.5k 0.00% New
19 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 22,90822.9k $229.1k $229.1k 0.00% New
20 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 21,83421.8k $218.3k $218.3k 0.00% Added +7.2k +7,153
21 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 18,55918.6k $185.6k $185.6k 0.00% Reduced -6.9k -6,944
22 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 18,24318.2k $182.4k $182.4k 0.00% New
23 Jain Global LLC 0.00% of their portfolio NEW YORK, NY 17,35217.4k $173.5k $173.5k 0.00% New
24 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 16,92516.9k $169.2k $169.2k 0.00% Reduced -7.7k -7,744
25 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 16,45416.5k $164.5k $164.5k 0.00% Reduced -46.3k -46,337
26 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 16,34016.3k $163.4k $163.4k 0.00% New
27 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 13,30413.3k $133.0k $133.0k 0.00% Added +11.7k +11,681
28 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.00% of their portfolio HOUSTON, TX 11,50011.5k $115.0k $115.0k 0.00% Reduced -29.3k -29,279
29 FMR LLC 0.00% of their portfolio BOSTON, MA 4,4544.5k $44.5k $44.5k 0.00% Added +3.3k +3,294
30 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 3,4773.5k $34.8k $34.8k 0.00% Reduced -4.9k -4,943
31 Vanguard Global Advisers, LLC 0.00% of their portfolio MALVERN, PA 3,2373.2k $32.4k $32.4k 0.00% Unchanged
32 State of Alaska, Department of Revenue 0.00% of their portfolio JUNEAU, AK 3,2353.2k $32.0k $32.0k 0.00% Unchanged
33 KIRTLAND HILLS CAPITAL MANAGEMENT, LLC 0.09% of their portfolio BRATENAHL, OH 3,1003.1k $308.6k $308.6k 0.09% Added +325 +325
34 Strategic Investment Solutions, Inc. /IL 0.00% of their portfolio ORLAND PARK, IL 1,3331.3k $13.3k $13.3k 0.00% Unchanged
35 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 911911 $9.1k $9.1k 0.00% Reduced -374 -374
36 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 646646 $6.5k $6.5k 0.00% New
37 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 567567 $5.7k $5.7k 0.00% Unchanged
38 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 380380 $3.8k $3.8k 0.00% Reduced -1.1k -1,075
39 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 149149 $1.0k $1.0k 0.00% Reduced -138 -138
40 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 133133 $1.1k $1.1k 0.00% Unchanged
41 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 6666 $660 $660 0.00% Unchanged
42 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 4949 $490 $490 0.00% Reduced -532 -532
43 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 4040 $400 $400 0.00% New
44 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 2626 $260 $260 0.00% Unchanged
45 Essential Partners LLC 0.00% of their portfolio RANCHO SANTA FE, CA 1313 $130 $130 0.00% New
46 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1212 $120 $120 0.00% Unchanged
47 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 1111 $110 $110 0.00% Added +4 +4
48 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 22 $20 $20 0.00% New
49 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 11 $10 $10 0.00% New
50 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 11 $10 $10 0.00% Reduced -2 -2