BAIRD MED INVT HLDGS LTD BDMDW
*W EXP 10/01/202 · Equity WRT · CUSIP G0705H111
- SectorHealth care
- IndustrySurgical & Medical Instruments & Apparatus
- 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. Holder counts are more reliable. Implied quarter-end price ≈ $0.04. Options: 1 managers hold calls ($10.8k notional), 0 hold puts (—).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q4 2024 | 34 |
| Q1 2025 | 36 |
| Q2 2025 | 34 |
| Q3 2025 | 30 |
| Q4 2025 | 30 |
| Q1 2026 | 28 |
| Q2 2026 | 29 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2025 | 9 | 5 |
| Q2 2025 | 4 | 9 |
| Q3 2025 | 1 | 4 |
| Q4 2025 | 0 | 4 |
| Q1 2026 | 3 | 4 |
| Q2 2026 | 1 | 1 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $24.7k | $0 | 0.00 |
| Q4 2025 | $19.1k | $0 | 0.00 |
| Q1 2026 | $21.5k | $0 | 0.00 |
| Q2 2026 | $10.8k | $0 | 0.00 |
Biggest buyers
| GTS SECURITIES LLC | New | +10.1k |
Biggest sellers
| WOLVERINE ASSET MANAGEMENT LLC | Reduced | -6.4k |
Biggest calls
| MILLENNIUM MANAGEMENT LLC | Unchanged | $10.8k269.2k 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 |
|---|---|
| Alta Partners LLC 13G · passive investor new · filed 2026-05-08 | 5.1% |
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.
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Clear Street Group Inc. 0.00% of their portfolio | 775.5k $31.3k | Unchanged |
| Sculptor Capital LP 0.00% of their portfolio | 700.0k $32.5k | Unchanged |
| ARISTEIA CAPITAL, L.L.C. 0.00% of their portfolio | 571.0k $26.5k | Unchanged |
| Calamos Advisors LLC 0.00% of their portfolio | 500.0k $24.5k | Unchanged |
| Linden Advisors LP 0.00% of their portfolio | 435.2k $21.3k | Unchanged |
| Kepos Capital LP 0.02% of their portfolio | 416.5k $17.0k | Unchanged |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.00% of their portfolio | 375.0k $15.1k | Unchanged |
| Davidson Kempner Capital Management LP 0.00% of their portfolio | 250.0k $10.1k | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 220.0k $8.9k | Unchanged |
| TORONTO DOMINION BANK 0.00% of their portfolio | 160.9k $6.4k | Unchanged |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 150.0k $6.1k | Unchanged |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio | 150.0k $6.0k | Unchanged |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 142.5k $5.7k | Reduced -6.4k |
| Saba Capital Management, L.P. 0.00% of their portfolio | 132.0k $6.1k | Unchanged |
| Polar Asset Management Partners Inc. 0.00% of their portfolio | 100.0k $4.6k | Unchanged |
| Blue Owl Capital Holdings LP 0.00% of their portfolio | 100.0k $4.0k | Unchanged |
| PICTON MAHONEY ASSET MANAGEMENT 0.00% of their portfolio | 96.8k $3.9k | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 76.5k $3.1k | Unchanged |
| Q Global Advisors, LLC 0.00% of their portfolio | 73.0k $3.0k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 50.1k $2.0k | Unchanged |
| DUPONT CAPITAL MANAGEMENT CORP 0.11% of their portfolio | 50.0k $2.5k | Unchanged |
| TPG GP A, LLC 0.00% of their portfolio | 50.0k $2.0k | Unchanged |
| Silver Rock Financial LP 0.00% of their portfolio | 48.9k $2.0k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 48.2k $1.9k | Unchanged |
| Cruiser Capital Advisors, LLC 0.00% of their portfolio | 25.0k $1.1k | Unchanged |
| WHITEBOX ADVISORS LLC 0.00% of their portfolio | 23.2k $937 | Unchanged |
| Beacon Pointe Advisors, LLC 0.00% of their portfolio | 11.5k $465 | Unchanged |
| GTS SECURITIES LLC 0.00% of their portfolio | 10.1k $414 | New |
| Ancora Advisors LLC 0.00% of their portfolio | 10.0k $464 | Unchanged |