Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

RESMED INC (RMD)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -6
Streak
1Q ▼
Buyers last Q
52%

Smart Money Signals — RMD

Based on 935 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their RMD positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (99% of max)

99% of all-time peak
935 hedge funds hold RMD 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.
📶

Steady growth — +8% more funds vs a year ago

fund count last 6Q
+70 new funds entered over the past year (+8% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 52% buying

468 buying438 selling
Last quarter: 468 funds bought or added vs 438 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.
⚠️

Fewer new buyers each quarter (-7 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 124 → 122 → 115 → 108. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 23% medium ■ 16% new
575 out of 935 hedge funds have held RMD 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.
➡️

Steady discovery — ~108 new funds/quarter

108 → 124 → 122 → 115 → 108 new funds/Q
New funds entering each quarter: 124 → 122 → 115 → 108. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 65% of holders stayed 2+ years

■ 65% veterans ■ 15% 1-2yr ■ 20% new
Of 957 current holders: 618 (65%) 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 — 45% AUM from top-100 funds

45% from top-100 AUM funds
61 of 935 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in RMD. 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.

Institutional Sentiment Summary — RMD

In 2026 Q1, 468 hedge funds were net buyers of RMD (108 opened a new position, 360 added to an existing one), while 438 reduced or exited (324 trimmed, 114 sold completely) — a 52% buyer ratio, indicating a slight buying edge. 45% of total institutional value in RMD is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -6 funds (more exits than new entries). Total institutional holders: 935.

Hedge Fund Ownership: RMD

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

Market Analysis: RMD

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: RMD

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy RESMED INC (RMD) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much RMD has moved relative to its sector benchmark (XLV) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 57d ago
RMD
-4.9%
XLV
+1294.5%

RMD outperformed XLV by -1299.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 12d ago
RMD
+3.0%
XLV
+5110.9%

Since the filing became public, RMD outperformed XLV by -5107.9% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

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

56 top-rated funds 4 high-conviction
Consensus
7.6
/ 10
breadth
×
Elite
3.0
/ 10
conviction
Hedge Fund Positioning: RMD
931 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 931 941 -1.06%
13F Shares 97M 98M -1.18%
Total Value $21.16B $23.34B -9.31%
New Positions 106 115 -9
Increased Positions 352 329 +23
Closed Positions 116 112 +4
Reduced Positions 315 341 -26
Total Calls 12 16 -25.0%
Total Puts 15 18 -16.67%
PUT/CALL Ratio 1.25 1.12 Bearish

Statistics: RMD

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Financial Highlights

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Institutional Holders (2026 Q1)

931 + investors

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

QUARTER:
Top 25 institutional holders of RMD — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 BlackBarn Capital Partners LP 7.22% 400,000 $89.8M
2 2Xideas AG 5.52% 62,764 $14.1M
3 Tandem Investment Advisors, Inc. 4.81% 436,912 $98.1M
4 Nutshell Asset Management Ltd 4.44% 36,430 $8.2M
5 Dundas Partners LLP 3.63% 203,021 $45.6M
6 Capital Impact Advisors, LLC 3.45% 38,046 $8.5M
7 Greenfield Seitz Capital Management, LLC 3.33% 49,111 $11.0M
8 AMERICAN CAPITAL MANAGEMENT INC 3.20% 265,399 $59.6M
9 Birch Capital Management, LLC 3.18% 27,009 $6.1M
10 Capital Investment Services of America, Inc. 2.68% 114,409 $25.7M
11 JERICHO FINANCIAL, LLP 2.59% 18,288 $4.1M
12 Ilex Capital Partners (UK) LLP 2.29% 413,855 $92.9M
13 Washington Trust Advisors, Inc. 2.17% 119,824 $26.9M
14 Triodos Investment Management BV 2.02% 119,100 $26.7M
15 Eukles Asset Management 1.94% 19,413 $4.4M
16 Nicollet Investment Management, Inc. 1.91% 24,783 $6K
17 Giverny Capital Inc. 1.89% 230,005 $51.6M
18 Running Oak Capital LLC 1.75% 57,797 $13.0M
19 Hendershot Investments Inc. 1.71% 56,657 $12.7M
20 Aviso Financial Inc. 1.69% 211,511 $47.5M
21 BLI - Banque de Luxembourg Investments 1.54% 215,489 $51.5M
22 Avalon Trust Co 1.47% 95,017 $21.3M
23 Virtus Family Office LLC 1.34% 7,005 $1.6M
24 LGT CAPITAL PARTNERS LTD. 1.28% 107,130 $24.0M
25 Terra Nova Asset Management LLC 1.24% 7,450 $1.7M
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 — RESMED INC (RMD)

What does the Smart Money Trend signal show for RMD?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their RMD positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for RMD?

Slight buying edge — 52% buying: Last quarter: 468 funds bought or added vs 438 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 RMD holders?

Elite ownership — 45% AUM from top-100 funds: 61 of 935 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in RMD. 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 RMD?

61% of holders stayed for 2+ years: 575 out of 935 hedge funds have held RMD 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.

Is it too late to buy RESMED INC (RMD) following the 2026 Q1 hedge fund 13F filings?

As of today, RMD has moved +3.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5110.9% for the XLV sector ETF — an outperformance of -5107.9%. Since the quarter end (March 31, 2026), RMD has gained -4.9% vs +1294.5% for XLV. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

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