TRANSMEDICS GROUP INC TMDX
COM · Common Stock · CUSIP 89377M109 · ISIN US89377M1099
- SectorHealth care
- IndustryElectromedical & Electrotherapeutic Apparatus
- HeadquartersAndover, MA
- 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 ($1.1m this quarter). Holder counts are more reliable. Shares outstanding: 34.1m as of 2025-07-25, 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 ≈ $133.95. Options: 18 managers hold calls ($190.5m notional), 17 hold puts ($123.1m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 179 |
| Q4 2022 | 200 |
| Q1 2023 | 224 |
| Q2 2023 | 241 |
| Q3 2023 | 224 |
| Q4 2023 | 250 |
| Q1 2024 | 263 |
| Q2 2024 | 340 |
| Q3 2024 | 375 |
| Q4 2024 | 315 |
| Q1 2025 | 300 |
| Q2 2025 | 369 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 126 | 119 |
| Q4 2023 | 124 | 111 |
| Q1 2024 | 144 | 116 |
| Q2 2024 | 197 | 143 |
| Q3 2024 | 208 | 164 |
| Q4 2024 | 186 | 210 |
| Q1 2025 | 171 | 153 |
| Q2 2025 | 218 | 145 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $82.4m | $52.8m | 0.64 |
| Q4 2024 | $51.6m | $62.5m | 1.21 |
| Q1 2025 | $70.5m | $54.1m | 0.77 |
| Q2 2025 | $190.5m | $123.1m | 0.65 |
Biggest buyers
| ROYAL BANK OF CANADA | Added | +574.8k |
| MARSHALL WACE, LLP | Added | +394.3k |
| TWO SIGMA INVESTMENTS, LP | Added | +389.3k |
| TWO SIGMA ADVISERS, LP | New | +275.4k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +186.5k |
| ArrowMark Colorado Holdings LLC | Added | +167.7k |
| LORD, ABBETT & CO. LLC | New | +140.7k |
| ExodusPoint Capital Management, LP | New | +139.4k |
| MORGAN STANLEY | Added | +133.7k |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC | New | +121.5k |
Biggest sellers
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -2.2m |
| BRAIDWELL LP | Reduced | -599.8k |
| CITADEL ADVISORS LLC | Reduced | -453.2k |
| UBS Group AG | Reduced | -265.2k |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | -226.2k |
| GOLDMAN SACHS GROUP INC | Reduced | -190.3k |
| FIL Ltd | Reduced | -170.4k |
| MACQUARIE GROUP LTD | Reduced | -163.5k |
| EVENTIDE ASSET MANAGEMENT, LLC | Reduced | -130.6k |
| WASATCH ADVISORS LP | Reduced | -118.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $57.7m430.8k shares |
| CITADEL ADVISORS LLC | Added | $54.9m409.9k shares |
| IMC-Chicago, LLC | Added | $17.2m128.1k shares |
| WOLVERINE TRADING, LLC | Added | $14.4m109.4k shares |
| JANE STREET GROUP, LLC | Reduced | $11.1m82.6k shares |
| GROUP ONE TRADING LLC | Added | $10.3m76.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.6m34.1k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $4.4m33.2k shares |
| GOLDMAN SACHS GROUP INC | New | $3.5m26.4k shares |
| D. E. Shaw & Co., Inc. | Reduced | $3.4m25.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $37.5m280.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $34.7m259.3k shares |
| IMC-Chicago, LLC | Added | $10.7m79.7k shares |
| WOLVERINE TRADING, LLC | Added | $7.0m52.9k shares |
| SIMPLEX TRADING, LLC | Added | $6.5m48.7k shares |
| JANE STREET GROUP, LLC | Added | $5.9m43.7k shares |
| Walleye Capital LLC | Added | $4.3m32.3k shares |
| Cubist Systematic Strategies, LLC | Reduced | $3.8m28.0k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $3.6m27.1k shares |
| Squarepoint Ops LLC | Reduced | $2.4m18.2k 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.
| Holder | Stake |
|---|---|
| FMR LLC 13G · institution +2.1 pts · filed 2025-05-12 | 15.0% |
| BlackRock, Inc. 13G · institution filed 2025-07-18 | 14.6% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.7% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 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 |
|---|---|---|---|---|---|
| Q3 2023 | 1 | $155.0k | 3 | $3.0m | — |
| Q4 2023 | 0 | — | 4 | $2.8m | — |
| Q1 2024 | 0 | — | 4 | $8.2m | $8.1m |
| Q2 2024 | 0 | — | 8 | $37.8m | $33.8m |
| Q3 2024 | 0 | — | 6 | $19.8m | $6.4m |
| Q4 2024 | 0 | — | 3 | $2.5m | $2.5m |
| Q1 2025 | 0 | — | 1 | $270.7k | $86.7k |
| Q2 2025 | 0 | — | 3 | $1.5m | $1.3m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-09 | Ranganath Anil P. Officer | Sold | $95.9k686 shares |
| 2025-05-27 | Basile Edward M Director | Sold plan | $632.2k5.0k shares |
| 2025-05-23 | Weill David Director | Sold | $90.7k732 shares |
| 2025-05-09 | Basile Edward M Director | Sold plan | $693.8k6.0k shares |
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 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 5.2m $700.0m | Reduced -24.5k |
| FMR LLC 0.04% of their portfolio | 5.0m $673.2m | Added +25.7k |
| VANGUARD GROUP INC 0.01% of their portfolio | 3.6m $481.9m | Added +21.0k |
| STATE STREET CORP 0.01% of their portfolio | 1.3m $172.7m | Reduced -17.5k |
| FIL Ltd 0.12% of their portfolio | 1.1m $141.5m | Reduced -170.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 955.7k $128.1m | Reduced -2.2m |
| MACQUARIE GROUP LTD 0.16% of their portfolio | 952.1k $127.6m | Reduced -163.5k |
| Driehaus Capital Management LLC 0.92% of their portfolio | 854.0k $114.4m | Added +75.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 804.6k $107.8m | Added +11.2k |
| MORGAN STANLEY 0.01% of their portfolio | 732.8k $98.2m | Added +133.7k |
| Hood River Capital Management LLC 1.27% of their portfolio | 679.8k $91.1m | Reduced -115.9k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 601.3k $80.6m | Added +574.8k |
| EVENTIDE ASSET MANAGEMENT, LLC 1.28% of their portfolio | 547.4k $73.3m | Reduced -130.6k |
| MARSHALL WACE, LLP 0.09% of their portfolio | 546.8k $73.3m | Added +394.3k |
| Liontrust Investment Partners LLP 1.00% of their portfolio | 523.7k $70.2m | Reduced -30.6k |
| Invesco Ltd. 0.01% of their portfolio | 476.7k $63.9m | Added +32.6k |
| UBS Group AG 0.01% of their portfolio | 476.1k $63.8m | Reduced -265.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 464.2k $62.2m | Added +51.7k |
| BROWN CAPITAL MANAGEMENT LLC 1.76% of their portfolio | 451.4k $60.5m | Reduced -16.8k |
| EMERALD ADVISERS, LLC 2.16% of their portfolio | 439.3k $58.9m | Reduced -15.5k |
| TWO SIGMA INVESTMENTS, LP 0.10% of their portfolio | 412.0k $55.2m | Added +389.3k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 375.0k $50.3m | Added +47.4k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 352.7k $47.3m | Reduced -9.2k |
| WASATCH ADVISORS LP 0.24% of their portfolio | 335.3k $44.9m | Reduced -118.0k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 317.2k $42.5m | Reduced -190.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 315.1k $42.2m | Added +10.8k |
| TWO SIGMA ADVISERS, LP 0.08% of their portfolio | 275.4k $36.9m | New |
| BAILLIE GIFFORD & CO 0.03% of their portfolio | 263.0k $35.2m | Added +3.3k |
| EMERALD MUTUAL FUND ADVISERS TRUST 2.09% of their portfolio | 255.6k $34.3m | Reduced -6.9k |
| BRAIDWELL LP 1.17% of their portfolio | 255.0k $34.2m | Reduced -599.8k |
| ROYCE & ASSOCIATES LP 0.34% of their portfolio | 247.4k $33.2m | Reduced -49.8k |
| Capital World Investors 0.00% of their portfolio | 227.4k $30.5m | Unchanged |
| Bank of New York Mellon Corp 0.01% of their portfolio | 221.3k $29.7m | Added +11.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 221.1k $29.6m | Reduced -69.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 217.4k $29.1m | Reduced -61.4k |
| ArrowMark Colorado Holdings LLC 0.49% of their portfolio | 203.3k $27.2m | Added +167.7k |
| JANE STREET GROUP, LLC 0.04% of their portfolio | 201.2k $27.0m | Reduced -11.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 197.5k $26.5m | Added +186.5k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 197.2k $26.4m | Reduced -16.1k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 191.3k $25.6m | Added +46.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 188.0k $25.2m | Reduced -10.4k |
| BARCLAYS PLC 0.01% of their portfolio | 185.4k $24.8m | Reduced -27.1k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 171.3k $23.0m | Reduced -6.4k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 156.4k $21.0m | Reduced -453.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 149.6k $20.1m | Added +7.8k |
| LORD, ABBETT & CO. LLC 0.06% of their portfolio | 140.7k $18.9m | New |
| ExodusPoint Capital Management, LP 0.23% of their portfolio | 139.4k $18.7m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 137.9k $18.5m | Added +2.2k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 133.0k $17.8m | Reduced -35.5k |
| Bellevue Group AG 0.39% of their portfolio | 130.5k $17.5m | Reduced -43.2k |
| Montanaro Asset Management Ltd 4.35% of their portfolio | 125.9k $16.9m | Reduced -27.7k |
| TUDOR INVESTMENT CORP ET AL 0.13% of their portfolio | 123.7k $16.6m | Added +18.9k |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC 0.32% of their portfolio | 121.5k $16.3m | New |
| NEXT CENTURY GROWTH INVESTORS LLC 1.24% of their portfolio | 119.8k $16.0m | New |
| OPPENHEIMER & CO INC 0.21% of their portfolio | 117.4k $15.7m | Added +39.4k |
| Public Sector Pension Investment Board 0.07% of their portfolio | 115.3k $15.5m | Added +8.9k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 114.9k $15.4m | New |
| Trexquant Investment LP 0.17% of their portfolio | 111.2k $14.9m | New |
| STATE OF MICHIGAN RETIREMENT SYSTEM 0.07% of their portfolio | 108.0k $14.5m | Unchanged |
| Lagoda Investment Management, L.P. 7.93% of their portfolio | 104.4k $14.0m | Added +2.6k |
| Davidson Kempner Capital Management LP 0.21% of their portfolio | 103.8k $13.9m | Added +34.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 102.1k $13.7m | Added +3.3k |
| Ensign Peak Advisors, Inc 0.02% of their portfolio | 97.8k $13.1m | Reduced -9.8k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 93.2k $12.5m | Added +3.7k |
| Legal & General Group Plc 0.00% of their portfolio | 92.5k $12.4m | Reduced -149 |
| Nuveen, LLC 0.00% of their portfolio | 77.3k $10.4m | Reduced -10.8k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 77.0k $10.3m | Added +59.1k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.09% of their portfolio | 73.4k $9.8m | Reduced -61.2k |
| BLAIR WILLIAM & CO/IL 0.03% of their portfolio | 68.5k $9.2m | Reduced -6.5k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 61.6k $8.3m | Reduced -4.0k |
| Swiss National Bank 0.00% of their portfolio | 61.1k $8.2m | Reduced -3.9k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.24% of their portfolio | 58.7k $7.9m | Reduced -9.7k |
| Biondo Investment Advisors, LLC 1.03% of their portfolio | 58.5k $7.8m | Added +410 |
| F/m Investments LLC 0.26% of their portfolio | 53.3k $7.1m | Added +1.5k |
| WOLVERINE TRADING, LLC 0.15% of their portfolio | 43.6k $5.7m | Added +22.1k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 43.4k $5.8m | New |
| CITIGROUP INC 0.00% of their portfolio | 43.4k $5.8m | Reduced -4.9k |
| TWINBEECH CAPITAL LP 0.13% of their portfolio | 42.3k $5.7m | Added +27.3k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 41.8k $5.6m | Reduced -4.9k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 41.3k $5.5m | Reduced -6.0k |
| Engineers Gate Manager LP 0.07% of their portfolio | 41.1k $5.5m | Added +28.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 40.8k $5.5m | Added +3 |
| NORGES BANK 0.00% of their portfolio | 40.3k $5.4m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 40.1k $5.4m | Reduced -50.9k |
| Verition Fund Management LLC 0.03% of their portfolio | 39.9k $5.3m | Added +27.9k |
| Divisadero Street Capital Management, LP 0.34% of their portfolio | 38.4k $5.1m | Reduced -75.5k |
| FRED ALGER MANAGEMENT, LLC 0.02% of their portfolio | 37.3k $5.0m | New |
| Y-Intercept (Hong Kong) Ltd 0.12% of their portfolio | 36.2k $4.9m | New |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 36.0k $3.0m | Added +3.1k |
| Lisanti Capital Growth, LLC 1.30% of their portfolio | 35.1k $4.7m | Added +6.3k |
| INTECH INVESTMENT MANAGEMENT LLC 0.04% of their portfolio | 34.4k $4.6m | Added +7.7k |
| TRILLIUM ASSET MANAGEMENT, LLC 0.12% of their portfolio | 34.0k $4.6m | Reduced -1.4k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio | 32.7k $4.4m | Added +13.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 30.8k $4.1m | Added +310 |
| Trek Financial, LLC 0.26% of their portfolio | 29.3k $3.9m | New |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 27.6k $3.7m | Added +5.7k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 26.9k $3.6m | Added +15.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 26.3k $3.5m | Added +2.9k |
| CAPITAL FUND MANAGEMENT S.A. 0.04% of their portfolio | 26.1k $3.5m | Reduced -226.2k |
| Global IMC LLC 0.90% of their portfolio | 26.0k $3.5m | New |