Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Resmed Inc (RMD)

875 + 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
↓ -60
Streak
2Q ▼
Buyers last Q
43%

Smart Money Signals — RMD

Based on 880 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, 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.
📊

High ownership — 93% of 3.0Y peak

93% of all-time peak
880 funds currently hold this stock — 93% of the 3.0-year high of 942 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding RMD is almost the same as a year ago (-29 funds, -3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 43% buying

396 buying526 selling
Last quarter: 526 funds reduced or exited vs 396 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-14 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 122 → 115 → 109 → 95. 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.
🔒

66% of holders stayed for 2+ years

■ 66% conviction (2yr+) ■ 19% medium ■ 15% new
583 out of 880 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 — ~95 new funds/quarter

125 → 122 → 115 → 109 → 95 new funds/Q
New funds entering each quarter: 122 → 115 → 109 → 95. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 67% veterans vs 18% newcomers

■ 67% veterans ■ 14% 1-2yr ■ 18% new
Entry-cohort mix of 904 holders: 608 (67%) are 2+ year veterans, 129 entered 1–2 years ago, and 167 (18%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 60% AUM from top-100 funds

60% from top-100 AUM funds
65 of 875 holders are among the 100 largest funds by AUM, controlling 60% 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 Q2, 396 hedge funds were net buyers of RMD (95 opened a new position, 301 added to an existing one), while 526 reduced or exited (371 trimmed, 155 sold completely) — a 43% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 60% of total institutional value in RMD is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -60 funds (more exits than new entries). Total institutional holders: 880.

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

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

27 top-rated funds 3 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
2.5
/ 10
conviction
Hedge Fund Positioning: RMD
875 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 875 940 -6.91%
13F Shares 100M 97M 3.19%
Total Value $19.05B $21.30B -10.56%
New Positions 95 109 -14
Increased Positions 299 353 -54
Closed Positions 155 111 +44
Reduced Positions 360 320 +40
Total Calls 13 12 8.33%
Total Puts 16 15 6.67%
PUT/CALL Ratio 1.23 1.25 Bearish

Statistics: RMD

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Institutional Holders (2026 Q2)

875 + 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 RMD holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 XY Capital Ltd 6.91% 36,769 $7.2M
2 Tandem Investment Advisors, Inc. 4.31% 329,854 $64.3M
3 BlackBarn Capital Partners LP 3.29% 200,000 $39.0M
4 Dundas Partners LLP 2.86% 203,021 $39.6M
5 Greenfield Seitz Capital Management, LLC 2.84% 48,912 $9.5M
6 Giverny Capital Inc. 2.54% 387,665 $75.5M
7 Birch Capital Management, LLC 2.54% 26,641 $5.2M
8 Jericho Financial, LLP 2.46% 24,405 $4.8M
9 Capital Investment Services of America, Inc. 2.19% 114,849 $22.4M
10 American Capital Management Inc 2.00% 228,458 $44.5M
11 Triodos Investment Management BV 1.69% 142,000 $27.7M
12 Washington Trust Advisors, Inc. 1.67% 115,745 $22.6M
13 Capital Impact Advisors, LLC 1.66% 151,525 $29.5M
14 Hendershot Investments Inc. 1.54% 60,556 $11.8M
15 Eukles Asset Management 1.51% 18,756 $3.7M
16 BLI - Banque de Luxembourg Investments 1.46% 207,815 $41.3M
17 Ilex Capital Partners (UK) LLP 1.42% 355,754 $69.3M
18 Aviso Financial Inc. 1.42% 209,744 $40.9M
19 2Xideas AG 1.40% 16,673 $3.2M
20 Running Oak Capital LLC 1.37% 41,308 $8.1M
21 Virtus Family Office LLC 1.33% 8,634 $1.7M
22 Avalon Trust Co 1.05% 87,722 $17.1M
23 Semanteon Capital Management, LP 1.02% 1,161 $226K
24 Fairtree Asset Management (Pty) Ltd 1.01% 13,498 $2.6M
25 BTS Asset Management, Inc. 0.95% 2,303 $449K
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 — 2 quarters in a row: For 2 consecutive quarters, 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?

More sellers than buyers — 43% buying: Last quarter: 526 funds reduced or exited vs 396 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for RMD holders?

Elite ownership — 60% AUM from top-100 funds: 65 of 875 holders are among the 100 largest funds by AUM, controlling 60% 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?

66% of holders stayed for 2+ years: 583 out of 880 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.

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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