Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Treace Med Concepts Inc (TMCI)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +1
Streak
2Q ▲
Buyers last Q
52%

Smart Money Signals — TMCI

Based on 116 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added TMCI 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.
📊

High ownership — 86% of 3.0Y peak

86% of all-time peak
116 funds currently hold this stock — 86% of the 3.0-year high of 135 funds (reached 2025 Q1). 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 TMCI is almost the same as a year ago (-4 funds, -3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 52% buying

70 buying64 selling
Last quarter: 70 funds bought or added vs 64 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.
➡️

Steady new buyers — ~33 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 16 → 32 → 31 → 33. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌

Mixed — 38% long-term, 40% new

■ 38% conviction (2yr+) ■ 22% medium ■ 40% new
Of the 116 current holders: 44 (38%) held >2 years, 26 held 1–2 years, and 46 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💰

Price up while funds trimmed (+165% value, -11% shares)

Value
+164%
Shares
-11%
Last quarter: total value of institutional TMCI holdings rose +165% even though funds reduced share count by 11%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
📈

Growing discovery — still being found

16 → 16 → 32 → 31 → 33 new funds/Q
New funds entering each quarter: 16 → 32 → 31 → 33. A growing number of institutions are discovering TMCI each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 43% veterans vs 39% newcomers

■ 43% veterans ■ 18% 1-2yr ■ 39% new
Entry-cohort mix of 119 holders: 51 (43%) are 2+ year veterans, 22 entered 1–2 years ago, and 46 (39%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 37% AUM from major funds

37% from top-100 AUM funds
28 of 115 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — 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 — TMCI

In 2026 Q2, 70 hedge funds were net buyers of TMCI (33 opened a new position, 37 added to an existing one), while 64 reduced or exited (32 trimmed, 32 sold completely) — a 52% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 37% of total institutional value in TMCI is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +1 funds (more new holders than closures). Total institutional holders: 116.

Hedge Fund Ownership: TMCI

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

Market Analysis: TMCI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TMCI

-- --

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

Is It Too Late to Buy Treace Med Concepts Inc (TMCI) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much TMCI has moved relative to its sector benchmark (XLV) since the 2026 Q2 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 June 30, 2026 · 81d ago
TMCI
+13.8%
XLV
+6.4%

TMCI outperformed XLV by +7.4% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 36d ago
TMCI
-5.4%
XLV
+0.9%

Since the filing became public, TMCI outperformed XLV by -6.3% .

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 ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

8 top-rated funds 0 high-conviction
Consensus
4.1
/ 10
breadth
×
Elite
0.8
/ 10
conviction
Hedge Fund Positioning: TMCI
115 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 115 115 -
13F Shares 32M 36M -11.33%
Total Value $123M $47M 164.65%
New Positions 33 31 +2
Increased Positions 37 34 +3
Closed Positions 32 29 +3
Reduced Positions 31 27 +4
Total Calls 4 0 100%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: TMCI

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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 Q2)

115 + investors

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

QUARTER:
Top 25 TMCI holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Gagnon Advisors, LLC 3.88% 1,534,034 $6.1M
2 Gagnon Securities LLC 2.32% 3,029,543 $12.1M
3 Weber Capital Management LLC /Adv 2.00% 589,617 $2.3M
4 Arcadia Wealth Management, Inc. 0.40% 209,972 $836K
5 Armistice Capital, LLC 0.31% 6,364,000 $25.3M
6 LCW Services, LLC 0.16% 90,821 $361K
7 EntryPoint Capital, LLC 0.16% 34,628 $230K
8 nVerses Capital, LLC 0.07% 10,696 $43K
9 TrustWell Financial Advisors, LLC 0.04% 11,725 $47K
10 Abel Hall, LLC 0.03% 37,219 $148K
11 Dynamic Technology Lab Private Ltd 0.02% 24,099 $96K
12 Navis Wealth Advisors, LLC 0.02% 10,956 $44K
13 XTX Topco Ltd 0.01% 169,397 $674K
14 Bronte Capital Management Pty Ltd. 0.01% 15,577 $62K
15 Catalyst Funds Management Pty Ltd 0.01% 28,800 $115K
16 Ellevest, Inc. 0.01% 13,268 $53K
17 CIBC Bancorp USA Inc. 0.01% 1,216,044 $4.8M
18 Susquehanna Portfolio Strategies, LLC 0.01% 87,862 $350K
19 Jacobs Levy Equity Management, Inc 0.01% 363,729 $1.4M
20 Marshall Wace, LLP 0.00% 1,328,592 $5.3M
21 Two Sigma Securities, LLC 0.00% 11,909 $47K
22 Bridgeway Capital Management, LLC 0.00% 50,000 $199K
23 Jain Global LLC 0.00% 210,987 $840K
24 Trust Co of Toledo NA /Oh/ 0.00% 8,305 $33K
25 Independent Advisor Alliance 0.00% 24,196 $96K
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 — Treace Med Concepts Inc (TMCI)

What does the Smart Money Trend signal show for TMCI?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added TMCI 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 TMCI?

Slight buying edge — 52% buying: Last quarter: 70 funds bought or added vs 64 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 TMCI holders?

Strong quality — 37% AUM from major funds: 28 of 115 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held TMCI?

Mixed — 38% long-term, 40% new: Of the 116 current holders: 44 (38%) held >2 years, 26 held 1–2 years, and 46 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Is it too late to buy Treace Med Concepts Inc (TMCI) following the 2026 Q2 hedge fund 13F filings?

As of today, TMCI has moved -5.4% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.9% for the XLV sector ETF — an outperformance of -6.3%. Since the quarter end (June 30, 2026), TMCI has gained +13.8% vs +6.4% 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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