ALPHA TAU MEDICAL LTD DRTSW
*W EXP 99/99/999 · Equity WRT
· CUSIP M0740A116
Sector Health care
Industry Surgical & Medical Instruments & Apparatus
Filings SEC EDGAR
21
institutional holders
+0 vs Q1 2026
3,961,007 4.0m
shares reported held*
$19.6m reported value*
2 new
3 added
5 reduced
3 sold out
net bought ≈ $3.0m (+1.0m 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.
Holder counts are more reliable.
Implied quarter-end price ≈ $4.94.
Options: 2 managers hold calls
($2.0m notional), 0 hold puts (—).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
0 20 40 Q3 22: 40 Q4 22: 35 Q1 23: 33 Q2 23: 29 Q3 23: 27 Q4 23: 27 Q1 24: 28 Q2 24: 27 Q3 24: 27 Q4 24: 27 Q1 25: 24 Q2 25: 22 Q3 25: 20 Q4 25: 23 Q1 26: 21 Q2 26: 21 21 Q3 22 Q3 23 Q3 24 Q3 25 Q2 26
Numbers
Quarter Holders
Q3 2022 40 Q4 2022 35 Q1 2023 33 Q2 2023 29 Q3 2023 27 Q4 2023 27 Q1 2024 28 Q2 2024 27 Q3 2024 27 Q4 2024 27 Q1 2025 24 Q2 2025 22 Q3 2025 20 Q4 2025 23 Q1 2026 21 Q2 2026 21
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or added Cut or sold out
10 0 10 Q3 24: 6 bought or added Q3 24: 4 cut or sold out Q4 24: 6 bought or added Q4 24: 5 cut or sold out Q4 24 Q1 25: 3 bought or added Q1 25: 7 cut or sold out Q2 25: 3 bought or added Q2 25: 5 cut or sold out Q2 25 Q3 25: 1 bought or added Q3 25: 4 cut or sold out Q4 25: 6 bought or added Q4 25: 4 cut or sold out Q4 25 Q1 26: 7 bought or added Q1 26: 10 cut or sold out Q2 26: 5 bought or added Q2 26: 8 cut or sold out Q2 26
Numbers
Quarter Bought or added Cut or sold out
Q3 2024 6 4 Q4 2024 6 5 Q1 2025 3 7 Q2 2025 3 5 Q3 2025 1 4 Q4 2025 6 4 Q1 2026 7 10 Q2 2026 5 8
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Calls Puts
$0 $500k $1m $1.5m $2m Q3 25 calls: $228.5k Q3 25 puts: $0 Q3 25 P/C 0.00 Q4 25 calls: $225.2k Q4 25 puts: $0 Q4 25 P/C 0.00 Q1 26 calls: $662.3k Q1 26 puts: $0 Q1 26 P/C 0.00 Q2 26 calls: $2.0m Q2 26 puts: $0 Q2 26 P/C 0.00
Numbers
Quarter Calls Puts P/C
Q3 2025 $228.5k $0 0.00 Q4 2025 $225.2k $0 0.00 Q1 2026 $662.3k $0 0.00 Q2 2026 $2.0m $0 0.00
Biggest sellers
Value Base Ltd.
Sold out
-152,761 -152.8k
Chicago Partners Investment Group LLC
Sold out
-73,824 -73.8k
Ionic Capital Management LLC
Reduced
-64,162 -64.2k
MOORE CAPITAL MANAGEMENT, LP
Reduced
-25,000 -25.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP
Sold out
-13,602 -13.6k
Clear Street Group Inc.
Reduced
-10,000 -10.0k
Fisher Funds Management LTD
Reduced
-9,136 -9.1k
JANE STREET GROUP, LLC
Reduced
-481 -481
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.
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)
Buying Selling
1 0 1 Q4 24: 0 buying Q4 24: 0 selling Q1 25: 0 buying Q1 25: 0 selling Q1 25 Q2 25: 0 buying Q2 25: 0 selling Q3 25: 0 buying Q3 25: 0 selling Q3 25 Q4 25: 0 buying Q4 25: 0 selling Q1 26: 0 buying Q1 26: 0 selling Q1 26 Q2 26: 0 buying Q2 26: 1 selling Q3 26: 0 buying Q3 26: 1 selling Q3 26
Numbers
Quarter Buying Bought Selling Sold Sold under a plan
Q4 2024 0 — 0 — — Q1 2025 0 — 0 — — Q2 2025 0 — 0 — — Q3 2025 0 — 0 — — Q4 2025 0 — 0 — — Q1 2026 0 — 0 — — Q2 2026 0 — 1 $979.2k $627.0k Q3 2026 0 — 1 $583.1k $583.1k
Date Insider Trade Shares Price
Value Their holding
2026-08-21
Levy Raphi
Chief Financial Officer
Sold plan
2,871
$15.00
$43.1k2.9k shares
-3%
2026-08-11
Levy Raphi
Chief Financial Officer
Sold plan
17,730
$14.00
$248.2k17.7k shares
-16%
2026-07-06
Levy Raphi
Chief Financial Officer
Sold plan
2,270
$14.00
$31.8k2.3k shares
-2%
2026-07-02
Levy Raphi
Chief Financial Officer
Sold plan
17,873
$13.00
$232.3k17.9k shares
-16%
2026-07-01
Levy Raphi
Chief Financial Officer
Sold plan
2,127
$13.02
$27.7k2.1k shares
-2%
2026-06-30
Levy Raphi
Chief Financial Officer
Sold plan
20,000
$12.00
$240.0k20.0k shares
-18%
2026-06-25
Levy Raphi
Chief Financial Officer
Sold plan
20,000
$11.00
$220.0k20.0k shares
-15%
2026-06-23
Levy Raphi
Chief Financial Officer
Sold plan
17,500
$9.55
$167.1k17.5k shares
-12%
2026-06-03
Levy Raphi
Chief Financial Officer
Sold
32,500
$10.84
$352.1k32.5k shares
-18%
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
# Manager Location Shares
Value % of their portfolio Change Shares change
1
LMR Partners LLP
0.03% of their portfolio
LONDON, X0
1,494,631 1.5m
$4.4m
$4.4m
0.03%
Added
+1.1m
+1,084,984
2
ARISTEIA CAPITAL, L.L.C.
0.03% of their portfolio
GREENWICH, CT
602,350 602.4k
$1.7m
$1.7m
0.03%
Added
+58.9k
+58,850
3
MMCAP International Inc. SPC
0.11% of their portfolio
GRAND CAYMAN, E9
447,622 447.6k
$1.3m
$1.3m
0.11%
Unchanged
4
WOLVERINE ASSET MANAGEMENT LLC
0.01% of their portfolio
CHICAGO, IL
319,910 319.9k
$943.7k
$943.7k
0.01%
Added
+192.0k
+192,016
5
Fisher Funds Management LTD
0.24% of their portfolio
AUCKLAND, Q2
157,700 157.7k
$8.4m
$8.4m
0.24%
Reduced
-9.1k
-9,136
6
TENOR CAPITAL MANAGEMENT Co., L.P.
0.01% of their portfolio
NEW YORK, NY
150,000 150.0k
$442.5k
$442.5k
0.01%
Unchanged
7
MOORE CAPITAL MANAGEMENT, LP
0.01% of their portfolio
NEW YORK, NY
150,000 150.0k
$442.5k
$442.5k
0.01%
Reduced
-25.0k
-25,000
8
WHITEBOX ADVISORS LLC
0.01% of their portfolio
MINNEAPOLIS, MN
136,018 136.0k
$401.3k
$401.3k
0.01%
Unchanged
9
JANE STREET GROUP, LLC
0.00% of their portfolio
NEW YORK, NY
103,427 103.4k
$305.1k
$305.1k
0.00%
Reduced
-481
-481
10
Mariner, LLC
0.00% of their portfolio
Overland Park, KS
91,666 91.7k
$270.4k
$270.4k
0.00%
Unchanged
11
Circle Wealth Management, LLC
0.00% of their portfolio
SUMMIT, NJ
80,000 80.0k
$236.0k
$236.0k
0.00%
Unchanged
12
GOLDMAN SACHS GROUP INC
0.00% of their portfolio
NEW YORK, NY
69,409 69.4k
$204.8k
$204.8k
0.00%
Unchanged
13
Ionic Capital Management LLC
0.15% of their portfolio
NEW YORK, NY
54,286 54.3k
$160.1k
$160.1k
0.15%
Reduced
-64.2k
-64,162
14
Clear Street Group Inc.
0.00% of their portfolio
NEW YORK, NY
52,666 52.7k
$155.4k
$155.4k
0.00%
Reduced
-10.0k
-10,000
15
MORGAN STANLEY
0.00% of their portfolio
NEW YORK, NY
20,475 20.5k
$60.4k
$60.4k
0.00%
Unchanged
16
WELLS FARGO & COMPANY/MN
0.00% of their portfolio
SAN FRANCISCO, CA
12,000 12.0k
$35.4k
$35.4k
0.00%
New
17
Cohen Investment Advisors LLC
0.01% of their portfolio
BEDFORD, NH
10,000 10.0k
$29.5k
$29.5k
0.01%
Unchanged
18
TORNO CAPITAL, LLC
0.00% of their portfolio
COHASSET, MA
3,800 3.8k
$11.2k
$11.2k
0.00%
Not comparable
19
UBS Group AG
0.00% of their portfolio
ZURICH, V8
2,647 2.6k
$7.8k
$7.8k
0.00%
New
20
EQUITEC PROPRIETARY MARKETS, LLC
0.00% of their portfolio
CHICAGO, IL
1,900 1.9k
$5.6k
$5.6k
0.00%
Unchanged
21
GILL CAPITAL PARTNERS, LLC
0.00% of their portfolio
DENVER, CO
500 500
$1.5k
$1.5k
0.00%
Unchanged