Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Trisalus Life Sciences Inc (TLSI)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +20
Streak
5Q ▲
Buyers last Q
68%

Smart Money Signals — TLSI

Based on 83 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 5 quarters in a row

last 6Q
For 5 consecutive quarters, more hedge funds added TLSI 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
83 hedge funds hold TLSI 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.
🚀

Fast accumulation — +152% more funds vs a year ago

fund count last 6Q
+50 new funds entered over the past year (+152% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 68% buying

55 buying26 selling
Last quarter: 55 funds were net buyers (33 opened a brand new position + 22 added to an existing one). Only 26 were sellers (13 trimmed + 13 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+17 vs last Q)

new funds entering per quarter
Funds opening a new TLSI position: 22 → 10 → 16 → 33. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 59% entered in last year

■ 14% conviction (2yr+) ■ 27% medium ■ 59% new
Only 12 funds (14%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💎

Buying through price weakness — shares +82%, value +1%

Value
+1%
Shares
+82%
Last quarter: funds added +82% more shares while total portfolio value only changed +1%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
🚀

Acceleration phase — new buyers rushing in

11 → 22 → 10 → 16 → 33 new funds/Q
New funds entering each quarter: 22 → 10 → 16 → 33. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🌱

Early stage — 75% of holders entered in last year

■ 14% veterans ■ 11% 1-2yr ■ 75% new
Of 83 current holders: 62 (75%) entered in the past year, only 12 (14%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
📋

Smaller funds dominant — 12% AUM from top-100

12% from top-100 AUM funds
20 of 83 holders rank in the top 100 by AUM, but together hold only 12% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
5.8
out of 10
Moderate Exit Risk
Exit risk score 5.8/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 — TLSI

In 2026 Q1, 55 hedge funds were net buyers of TLSI (33 opened a new position, 22 added to an existing one), while 26 reduced or exited (13 trimmed, 13 sold completely) — a 68% buyer ratio, indicating clear institutional accumulation. This marks 5 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +20 funds (more new holders than closures). Total institutional holders: 83.

Hedge Fund Ownership: TLSI

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

Market Analysis: TLSI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TLSI

-- --

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

Is It Too Late to Buy Trisalus Life Sciences Inc (TLSI) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much TLSI 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 · 87d ago
TLSI
+9.2%
XLV
+6.6%

TLSI outperformed XLV by +2.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 42d ago
TLSI
+63.1%
XLV
+7.7%

Since the filing became public, TLSI outperformed XLV by +55.4% .

Interpretation: The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

11 top-rated funds 0 high-conviction
Consensus
4.7
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: TLSI
81 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 81 63 28.57%
13F Shares 21M 11M 82.27%
Total Value $81M $80M 1.48%
New Positions 31 16 +15
Increased Positions 22 25 -3
Closed Positions 13 6 +7
Reduced Positions 13 12 +1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: TLSI

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Valuation Measures Data as of: --

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Enterprise Value --
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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)

81 + investors

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

QUARTER:
Top 25 TLSI holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 First Light Asset Management, LLC 1.82% 5,066,827 $20.3M
2 AWM Investment Company, Inc. 0.92% 2,079,105 $8.3M
3 Perkins Capital Management Inc 0.86% 230,101 $920K
4 Nantahala Capital Management, LLC 0.30% 2,070,827 $8.3M
5 Empire Financial Management Company, LLC 0.27% 300,275 $1.2M
6 MSD Partners, L.P. 0.19% 39,999 $160K
7 White Pine Capital LLC 0.18% 163,810 $655K
8 Apis Capital Advisors, LLC 0.11% 180,000 $720K
9 Formula Growth Ltd 0.09% 50,000 $200K
10 HighMark Wealth Management LLC 0.05% 33,300 $133K
11 Gilder Gagnon Howe & Co LLC 0.04% 888,515 $3.6M
12 Kennedy Capital Management LLC 0.04% 485,242 $1.9M
13 Wasatch Advisors LP 0.04% 1,437,960 $5.8M
14 Intrust Bank NA 0.02% 66,000 $264K
15 CWA Asset Management Group, LLC 0.01% 72,000 $288K
16 Royce & Associates LP 0.01% 200,060 $800K
17 Bridgeway Capital Management, LLC 0.01% 69,500 $278K
18 Cerity Partners LLC 0.00% 787,272 $3.1M
19 Connecticut Wealth Management, LLC 0.00% 22,303 $89K
20 Ghisallo Capital Management LLC 0.00% 25,000 $100K
21 Hoertkorn Richard Charles 0.00% 668 $3K
22 XTX Topco Ltd 0.00% 19,014 $76K
23 Tower Research Capital LLC (TRC) 0.00% 11,403 $46K
24 JDM Financial Group LLC 0.00% 530 $2K
25 Corient Private Wealth LLC 0.00% 91,000 $364K
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 — Trisalus Life Sciences Inc (TLSI)

What does the Smart Money Trend signal show for TLSI?

Buying streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds added TLSI 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 TLSI?

More buyers than sellers — 68% buying: Last quarter: 55 funds were net buyers (33 opened a brand new position + 22 added to an existing one). Only 26 were sellers (13 trimmed + 13 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for TLSI holders?

Smaller funds dominant — 12% AUM from top-100: 20 of 83 holders rank in the top 100 by AUM, but together hold only 12% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held TLSI?

Mostly new holders — 59% entered in last year: Only 12 funds (14%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Trisalus Life Sciences Inc (TLSI) following the 2026 Q1 hedge fund 13F filings?

As of today, TLSI has moved +63.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +7.7% for the XLV sector ETF — an outperformance of +55.4%. Since the quarter end (March 31, 2026), TLSI has gained +9.2% vs +6.6% for XLV. The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors.

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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