Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

MERIT MED SYS INC (MMSI)

370 + Investors. Track Smart Money conviction in MMSI. See who's accumulating, reducing, or initiating positions.

Fetching live quote...
Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +10
Streak
2Q ▲
Buyers last Q
59%

Smart Money Signals — MMSI

Based on 364 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added MMSI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
364 hedge funds hold MMSI right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding MMSI is almost the same as a year ago (+5 funds, +1% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 59% buying

227 buying161 selling
Last quarter: 227 funds bought or added vs 161 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+12 vs last Q)

new funds entering per quarter
Funds opening a new MMSI position: 52 → 47 → 52 → 64. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

60% of holders stayed for 2+ years

60% conviction (2yr+) 23% medium 17% new
217 out of 364 hedge funds have held MMSI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Price up while funds trimmed (+8% value, -35% shares)

Value
+8%
Shares
-34%
Last quarter: total value of institutional MMSI holdings rose +8% even though funds reduced share count by 35%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
📈

Growing discovery — still being found

61 → 52 → 47 → 52 → 64 new funds/Q
New funds entering each quarter: 52 → 47 → 52 → 64. A growing number of institutions are discovering MMSI each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 64% of holders stayed 2+ years

64% veterans 15% 1-2yr 21% new
Of 370 current holders: 235 (64%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 43% AUM from top-100 funds

43% from top-100 AUM funds
41 of 364 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in MMSI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: MMSI

How many hedge funds hold MMSI — quarterly history vs. share price
Quarterly hedge fund ownership of MMSI vs. share price

Market Analysis: MMSI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: MMSI

-- --
Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

57 top-rated funds 0 high-conviction
Consensus
7.7
/ 10
breadth
×
Elite
0.9
/ 10
conviction
Hedge Fund Positioning: MMSI
2026 Q1 Stats Unlock in 22 days 370 + Investors

Track Smart Money conviction in MMSI. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 370 359 3.06%
13F Shares 63M 96M -34.9%
Total Value $5.47B $5.06B 8.1%
New Positions 64 52 +12
Increased Positions 168 139 +29
Closed Positions 54 50 +4
Reduced Positions 115 135 -20
Total Calls 6 5 20.0%
Total Puts 2 3 -33.33%
PUT/CALL Ratio 0.33 0.6 Bullish

Statistics: MMSI

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

370 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in MMSI. Verified SEC 13F-HR filings.

Top 25 institutional holders of MMSI — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Conestoga Capital Advisors, LLC 2.98% 2,167,513 $149.4M
2 Karras Company, Inc. 0.81% 11,525 $794K
3 Thrive Capital Management, LLC 0.73% 48,230 $3.3M
4 CONGRESS ASSET MANAGEMENT CO 0.51% 1,029,249 $70.9M
5 Significant Wealth Partners LLC 0.29% 3,364 $232K
6 Whalen Wealth Management Inc. 0.22% 5,864 $404K
7 BAM Wealth Management, LLC 0.22% 4,176 $288K
8 CWC Advisors, LLC. 0.19% 5,740 $396K
9 MOUNTAIN PACIFIC INVESTMENT ADVISERS LLC 0.18% 14,981 $1.0M
10 FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.16% 420,873 $29.0M
11 Boston Trust Walden Corp 0.16% 277,209 $19.1M
12 Brucke Financial, Inc. 0.13% 3,858 $266K
13 MeadowBrook Investment Advisors LLC 0.12% 2,000 $138K
14 AMI ASSET MANAGEMENT CORP 0.10% 21,818 $1.5M
15 Bayforest Capital Ltd 0.09% 1,206 $83K
16 Palouse Capital Management, Inc. 0.06% 1,315 $91K
17 Y-Intercept (Hong Kong) Ltd 0.06% 42,347 $2.9M
18 Handelsbanken Fonder AB 0.05% 204,909 $14K
19 Hilltop National Bank 0.04% 2,702 $186K
20 Louisiana State Employees Retirement System 0.03% 26,300 $2K
21 Diversified Trust Co 0.03% 24,733 $1.7M
22 Central Pacific Bank - Trust Division 0.02% 2,727 $188K
23 PRAXIS INVESTMENT MANAGEMENT INC 0.02% 5,690
24 State of Alaska, Department of Revenue 0.02% 29,272 $2K
25 Assenagon Asset Management S.A. 0.02% 205,902 $14.2M
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — MERIT MED SYS INC (MMSI)

What does the Smart Money Trend signal show for MMSI?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added MMSI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for MMSI?

Slight buying edge — 59% buying: Last quarter: 227 funds bought or added vs 161 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for MMSI holders?

Elite ownership — 43% AUM from top-100 funds: 41 of 364 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in MMSI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held MMSI?

60% of holders stayed for 2+ years: 217 out of 364 hedge funds have held MMSI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.