Vault-13

SURMODICS INC SRDX

COM · Common Stock · CUSIP 868873100

140 institutional holders +12 vs Q3 2024
12,024,27412.0m shares reported held*
$476.2mreported value*
18 new 45 added 40 reduced 11 sold out net bought ≈ $1.8m (+44.4k 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 ($136.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $39.60. Options: 4 managers hold calls ($1.3m notional), 3 hold puts ($680.7k).

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 124Q4 22: 122Q1 23: 121Q2 23: 106Q3 23: 105Q4 23: 118Q1 24: 113Q2 24: 125Q3 24: 128Q4 24: 140140Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022124
Q4 2022122
Q1 2023121
Q2 2023106
Q3 2023105
Q4 2023118
Q1 2024113
Q2 2024125
Q3 2024128
Q4 2024140

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 23: 70 bought or addedQ1 23: 61 cut or sold outQ2 23: 44 bought or addedQ2 23: 58 cut or sold outQ2 23Q3 23: 45 bought or addedQ3 23: 46 cut or sold outQ4 23: 55 bought or addedQ4 23: 46 cut or sold outQ4 23Q1 24: 48 bought or addedQ1 24: 54 cut or sold outQ2 24: 64 bought or addedQ2 24: 63 cut or sold outQ2 24Q3 24: 65 bought or addedQ3 24: 55 cut or sold outQ4 24: 63 bought or addedQ4 24: 51 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 20237061
Q2 20234458
Q3 20234546
Q4 20235546
Q1 20244854
Q2 20246463
Q3 20246555
Q4 20246351

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ1 24 calls: $5.9kQ1 24 puts: $137.9kQ1 24P/C 23.50Q2 24 calls: $1.1mQ2 24 puts: $142.9kQ2 24P/C 0.13Q3 24 calls: $135.3kQ3 24 puts: $526.5kQ3 24P/C 3.89Q4 24 calls: $1.3mQ4 24 puts: $680.7kQ4 24P/C 0.51
Numbers
QuarterCallsPutsP/C
Q1 2024$5.9k$137.9k23.50
Q2 2024$1.1m$142.9k0.13
Q3 2024$135.3k$526.5k3.89
Q4 2024$1.3m$680.7k0.51

Biggest buyers

Hudson Bay Capital Management LP New +300,000+300.0k
BARDIN HILL MANAGEMENT PARTNERS LP New +187,869+187.9k
Balyasny Asset Management L.P. New +124,265+124.3k
Alpine Global Management, LLC New +100,000+100.0k
Squarepoint Ops LLC Added +98,489+98.5k
Boussard & Gavaudan Investment Management LLP New +98,375+98.4k
Verition Fund Management LLC New +91,000+91.0k
AQR Arbitrage LLC Added +74,275+74.3k
Schonfeld Strategic Advisors LLC New +66,649+66.6k
DLD Asset Management, LP New +63,491+63.5k

Biggest sellers

Beryl Capital Management LLC Reduced -751,320-751.3k
Soleus Capital Management, L.P. Reduced -243,638-243.6k
Trigran Investments, Inc. Reduced -175,127-175.1k
MORGAN STANLEY Reduced -78,065-78.1k
DISCIPLINED GROWTH INVESTORS INC /MN Reduced -47,292-47.3k
Vazirani Asset Management LLC Sold out -45,000-45.0k
Olympiad Research LP Reduced -40,127-40.1k
PRELUDE CAPITAL MANAGEMENT, LLC Reduced -40,119-40.1k
JPMORGAN CHASE & CO Reduced -33,950-34.0k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Sold out -32,606-32.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $1.1m26.8k shares
CITADEL ADVISORS LLC Added $182.2k4.6k shares
SIMPLEX TRADING, LLC Added $87.0k2.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $522.7k13.2k shares
SIMPLEX TRADING, LLC Reduced $158.0k4.0k shares
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.

HolderStakeChangeShares Last filed
ALLIANCEBERNSTEIN L.P. 13G · institution -1.4 pts · filed 2025-05-14 5.9% -1.4 pts 849.4k 2025-05-14

Fell to 5% or below in the last year: GAMCO INVESTORS, INC. ET AL (0.0%, 2025-11-20), Trium Capital LLP (0.0%, 2025-11-20)

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,154,3461.2m $45.7m $45.7m 0.00% Reduced -15.3k -15,324
2 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 1,011,2621.0m $40.0m $40.0m 0.01% Reduced -29.2k -29,168
3 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 803,296803.3k $31.8m $31.8m 0.00% Reduced -212 -212
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 674,641674.6k $26.7m $26.7m 0.00% Reduced -78.1k -78,065
5 Qube Research & Technologies Ltd 0.03% of their portfolio LONDON, X0 454,021454.0k $18.0m $18.0m 0.03% Added +50.3k +50,348
6 Soleus Capital Management, L.P. 1.18% of their portfolio GREENWICH, CT 394,060394.1k $15.6m $15.6m 1.18% Reduced -243.6k -243,638
7 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 380,344380.3k $15.1m $15.1m 0.00% Unchanged
8 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 373,521373.5k $14.8m $14.8m 0.00% Reduced -547 -547
9 Trigran Investments, Inc. 1.68% of their portfolio NORTHBROOK, IL 368,215368.2k $14.6m $14.6m 1.68% Reduced -175.1k -175,127
10 GABELLI FUNDS LLC 0.10% of their portfolio Rye, NY 339,959340.0k $13.5m $13.5m 0.10% Added +12.2k +12,250
11 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 321,921321.9k $12.8m $12.8m 0.00% Reduced -2.6k -2,639
12 Hudson Bay Capital Management LP 0.07% of their portfolio STAMFORD, CT 300,000300.0k $11.9m $11.9m 0.07% New
13 GARDNER LEWIS ASSET MANAGEMENT L P 2.64% of their portfolio CHADDS FORD, PA 262,878262.9k $10.4m $10.4m 2.64% Added +49.9k +49,944
14 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 262,636262.6k $10.4m $10.4m 0.00% Added +46.8k +46,826
15 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 254,698254.7k $10.1m $10.1m 0.01% Added +7.2k +7,163
16 Beryl Capital Management LLC 2.13% of their portfolio REDONDO BEACH, CA 237,584237.6k $9.4m $9.4m 2.13% Reduced -751.3k -751,320
17 DISCIPLINED GROWTH INVESTORS INC /MN 0.17% of their portfolio MINNEAPOLIS, MN 229,584229.6k $9.1m $9.1m 0.17% Reduced -47.3k -47,292
18 AQR Arbitrage LLC 0.19% of their portfolio Greenwich, CT 205,956206.0k $8.2m $8.2m 0.19% Added +74.3k +74,275
19 ODDO BHF ASSET MANAGEMENT SAS 0.41% of their portfolio PARIS, I0 203,187203.2k $8.0m $8.0m 0.41% Added +33.2k +33,187
20 BARDIN HILL MANAGEMENT PARTNERS LP 4.18% of their portfolio NEW YORK, NY 187,869187.9k $7.4m $7.4m 4.18% New
21 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 162,066162.1k $6.4m $6.4m 0.02% Added +98.5k +98,489
22 GAMCO INVESTORS, INC. ET AL 0.06% of their portfolio GREENWICH, CT 143,948143.9k $5.7m $5.7m 0.06% Reduced -2.5k -2,450
23 Eisler Capital Management Ltd. 0.18% of their portfolio LONDON, X0 136,360136.4k $5.4m $5.4m 0.18% First filing
24 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 135,010135.0k $5.3m $5.3m 0.00% Added +5.7k +5,673
25 GABELLI & Co INVESTMENT ADVISERS, INC. 0.87% of their portfolio Rye, NY 129,237129.2k $5.1m $5.1m 0.87% Added +7.8k +7,800
26 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 125,927125.9k $5.0m $5.0m 0.01% Added +36.4k +36,429
27 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 124,265124.3k $4.9m $4.9m 0.01% New
28 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 120,344120.3k $4.8m $4.8m 0.00% Added +509 +509
29 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 117,904117.9k $4.7m $4.7m 0.00% Added +1.6k +1,593
30 SALEM INVESTMENT COUNSELORS INC 0.15% of their portfolio WINSTON-SALEM, NC 113,750113.8k $4.5m $4.5m 0.15% Reduced -2.2k -2,200
31 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 108,001108.0k $4.3m $4.3m 0.00% Added +19.3k +19,251
32 Phocas Financial Corp. 0.55% of their portfolio ALAMEDA, CA 103,994104.0k $4.1m $4.1m 0.55% Added +15.5k +15,534
33 Alpine Global Management, LLC 0.52% of their portfolio NEW YORK, NY 100,000100.0k $4.0m $4.0m 0.52% New
34 Boussard & Gavaudan Investment Management LLP 0.33% of their portfolio London, X0 98,37598.4k $3.9m $3.9m 0.33% New
35 Verition Fund Management LLC 0.02% of their portfolio GREENWICH, CT 91,00091.0k $3.6m $3.6m 0.02% New
36 PRELUDE CAPITAL MANAGEMENT, LLC 0.27% of their portfolio NEW YORK, NY 81,44581.4k $3.2m $3.2m 0.27% Reduced -40.1k -40,119
37 CIGOGNE MANAGEMENT SA 2.47% of their portfolio LUXEMBOURG, N4 78,50078.5k $3.1m $3.1m 2.47% First filing
38 Yakira Capital Management, Inc. 1.12% of their portfolio Westport, CT 71,11371.1k $2.8m $2.8m 1.12% Added +36.1k +36,113
39 Schonfeld Strategic Advisors LLC 0.02% of their portfolio NEW YORK, NY 66,64966.6k $2.6m $2.6m 0.02% New
40 DLD Asset Management, LP 0.43% of their portfolio NEW YORK, NY 63,49163.5k $2.5m $2.5m 0.43% New
41 Carmignac Gestion 0.04% of their portfolio PARIS, I0 61,07461.1k $2.4m $2.4m 0.04% Reduced -12.0k -12,020
42 ClearAlpha Technologies LP 2.04% of their portfolio Greenwich, CT 60,15260.2k $2.4m $2.4m 2.04% Added +10.0k +10,000
43 Skandinaviska Enskilda Banken AB (publ) 0.01% of their portfolio STOCKHOLM, V7 57,62757.6k $2.3m $2.3m 0.01% Added +7.3k +7,279
44 CREDIT INDUSTRIEL ET COMMERCIAL 0.59% of their portfolio PARIS FRANCE, I0 56,50056.5k $2.2m $2.2m 0.59% First filing
45 ExodusPoint Capital Management, LP 0.02% of their portfolio NEW YORK, NY 51,40551.4k $2.0m $2.0m 0.02% Reduced -13.5k -13,529
46 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 50,99951.0k $2.0m $2.0m 0.00% Added +50.0k +50,000
47 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 50,99051.0k $2.0m $2.0m 0.00% Reduced -34.0k -33,950
48 Murchinson Ltd. 0.89% of their portfolio TORONTO, A6 50,08150.1k $2.0m $2.0m 0.89% Reduced -4.9k -4,919
49 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 43,96544.0k $1.7m $1.7m 0.00% Reduced -3.0k -2,966
50 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 42,68342.7k $1.7m $1.7m 0.00% Added +18.7k +18,671
51 ROYCE & ASSOCIATES LP 0.02% of their portfolio New York, NY 42,30542.3k $1.7m $1.7m 0.02% Reduced -23.9k -23,900
52 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 41,34741.3k $1.6m $1.6m 0.00% Reduced -1.3k -1,262
53 Mint Tower Capital Management B.V. 0.40% of their portfolio AMSTERDAM, P7 38,04338.0k $1.5m $1.5m 0.40% New
54 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 36,06136.1k $1.4m $1.4m 0.00% Added +5.4k +5,365
55 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 34,02034.0k $1.3m $1.3m 0.00% Reduced -6.9k -6,873
56 CSS LLC/IL 0.08% of their portfolio CHICAGO, IL 33,76433.8k $1.3m $1.3m 0.08% Reduced -1.0k -1,000
57 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 31,61831.6k $1.3m $1.3m 0.00% Reduced -22.5k -22,472
58 NORGES BANK 0.00% of their portfolio OSLO, Q8 31,60031.6k $1.3m $1.3m 0.00% Unchanged
59 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio HARRISBURG, PA 30,00030.0k $1.2m $1.2m 0.01% Added +18.7k +18,692
60 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 28,13528.1k $1.1m $1.1m 0.00% Added +19.6k +19,635
61 WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio CHICAGO, IL 27,76627.8k $1.1m $1.1m 0.02% Unchanged
62 One68 Global Capital, LLC 0.58% of their portfolio NEW YORK, NY 27,45727.5k $1.1m $1.1m 0.58% First filing
63 ANGELO GORDON & CO., L.P. 0.20% of their portfolio NEW YORK, NY 25,00025.0k $990.0k $990.0k 0.20% Added +3.8k +3,840
64 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 24,61324.6k $974.7k $974.7k 0.00% Added +3.4k +3,351
65 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 21,79421.8k $863.0k $863.0k 0.00% New
66 Diametric Capital, LP 0.55% of their portfolio BOSTON, MA 20,43720.4k $809.3k $809.3k 0.55% Added +9.7k +9,659
67 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 20,25020.2k $801.9k $801.9k 0.00% Added +861 +861
68 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 19,54419.5k $773.9k $773.9k 0.00% Added +2.2k +2,162
69 BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 18,75018.8k $742.5k $742.5k 0.02% Unchanged
70 BCK CAPITAL MANAGEMENT LP 0.49% of their portfolio STAMFORD, CT 17,00017.0k $673.2k $673.2k 0.49% Unchanged
71 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 16,82716.8k $666.3k $666.3k 0.00% Added +161 +161
72 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 16,64716.6k $659.2k $659.2k 0.00% Added +1.7k +1,667
73 SIT INVESTMENT ASSOCIATES INC 0.01% of their portfolio Minneapolis, MN 16,62416.6k $658.0k $658.0k 0.01% Unchanged
74 First Trust Capital Management L.P. 0.05% of their portfolio CHICAGO, IL 16,40516.4k $649.6k $649.6k 0.05% Reduced -1.2k -1,172
75 New York Life Investment Management LLC 0.01% of their portfolio New York, NY 15,78415.8k $625.0k $625.0k 0.01% Reduced -2.6k -2,584
76 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 15,37315.4k $608.8k $608.8k 0.00% Added +12.6k +12,645
77 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 14,75314.8k $584.2k $584.2k 0.00% Added +60 +60
78 ALGERT GLOBAL LLC 0.01% of their portfolio SAN FRANCISCO, CA 14,26014.3k $564.7k $564.7k 0.01% Reduced -3.6k -3,560
79 Hunting Hill Global Capital, LLC 0.21% of their portfolio New York, NY 11,82011.8k $468.1k $468.1k 0.21% Reduced -3.5k -3,471
80 GUGGENHEIM CAPITAL LLC 0.00% of their portfolio CHICAGO, IL 11,19411.2k $443.3k $443.3k 0.00% Reduced -75 -75
81 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 10,92810.9k $432.7k $432.7k 0.00% Reduced -11.1k -11,083
82 Inspire Investing, LLC 0.04% of their portfolio MERIDIAN, ID 10,10810.1k $400.3k $400.3k 0.04% Reduced -538 -538
83 RBF Capital, LLC 0.02% of their portfolio RENO, NV 10,00010.0k $396.0k $396.0k 0.02% Unchanged
84 Olympiad Research LP 0.35% of their portfolio Stamford, CT 8,4648.5k $335.2k $335.2k 0.35% Reduced -40.1k -40,127
85 GSA CAPITAL PARTNERS LLP 0.02% of their portfolio LONDON, X0 8,4138.4k $333.0k $333.0k 0.02% New
86 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 8,2828.3k $328.0k $328.0k 0.00% Unchanged
87 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 7,8497.8k $310.8k $310.8k 0.00% Added +226 +226
88 MAIRS & POWER INC 0.00% of their portfolio St Paul, MN 7,6267.6k $302.0k $302.0k 0.00% Unchanged
89 FNY Investment Advisers, LLC 0.15% of their portfolio NEW YORK, NY 7,5007.5k $297.0k $297.0k 0.15% Unchanged
90 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 7,0327.0k $278.5k $278.5k 0.00% Added +2.0k +2,041
91 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 6,9406.9k $275.0k $275.0k 0.00% Added +1.3k +1,255
92 UBS Group AG 0.00% of their portfolio ZURICH, V8 6,9076.9k $273.5k $273.5k 0.00% Added +3.4k +3,374
93 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 6,8536.9k $271.4k $271.4k 0.00% Reduced -517 -517
94 Lighthouse Investment Partners, LLC 0.01% of their portfolio Palm Beach Gardens, FL 6,6196.6k $262.1k $262.1k 0.01% New
95 DeepCurrents Investment Group LLC 0.01% of their portfolio NEW YORK, NY 6,5636.6k $259.9k $259.9k 0.01% New
96 Polymer Capital Management (US) LLC 0.08% of their portfolio NEW YORK, NY 6,4296.4k $254.6k $254.6k 0.08% First filing
97 INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio WEST PALM BEACH, FL 6,0586.1k $239.9k $239.9k 0.00% New
98 Financial Perspectives, Inc 0.08% of their portfolio MINNEAPOLIS, MN 6,0146.0k $238.2k $238.2k 0.08% Unchanged
99 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 5,8085.8k $230.0k $230.0k 0.00% Reduced -1.3k -1,310
100 Brevan Howard Capital Management LP 0.01% of their portfolio ST. HELIER, Y9 5,5225.5k $218.7k $218.7k 0.01% Reduced -12.0k -12,027