Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in CRDL held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | MMCAP International Inc. SPC | 15.4M | $20.7M | +7247.4% | 13.723% | 1.79% |
| 2 | Tejara Capital Ltd | 5.1M | $6.9M | 0.0% | 4.586% | 2.28% |
| 3 | Ikarian Capital, LLC | 2.7M | $3.7M | β | 2.436% | 0.39% |
| 4 | CITADEL ADVISORS LLC | 897K | $1.2M | β | 0.801% | 0.00% |
| 5 | BOOTHBAY FUND MANAGEMENT, LLC | 795K | $1.1M | β | 0.711% | 0.03% |
| 6 | TWO SIGMA INVESTMENTS, LP | 534K | $721K | +31.3% | 0.477% | 0.00% |
| 7 | INTEGRITY ALLIANCE, LLC. | 465K | $630K | +6.9% | 0.416% | 0.02% |
| 8 | GOLDMAN SACHS GROUP INC | 332K | $449K | +1.2% | 0.297% | 0.00% |
| 9 | MORGAN STANLEY | 250K | $338K | -27.3% | 0.224% | 0.00% |
| 10 | RENAISSANCE TECHNOLOGIES LLC | 230K | $310K | β | 0.205% | 0.00% |
| 11 | Summit Financial, LLC | 104K | $140K | 0.0% | 0.093% | 0.00% |
| 12 | 1832 Asset Management L.P. | 100K | $135K | 0.0% | 0.089% | 0.00% |
| 13 | We Are One Seven, LLC | 100K | $135K | 0.0% | 0.089% | 0.00% |
| 14 | Knoll Capital Management, LLC | 100K | $135K | 0.0% | 0.089% | 0.07% |
| 15 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 70K | $95K | -65.5% | 0.063% | 0.00% |
| 16 | GEODE CAPITAL MANAGEMENT, LLC | 52K | $71K | 0.0% | 0.047% | 0.00% |
| 17 | Quadrature Capital Ltd | 48K | $65K | β | 0.043% | 0.00% |
| 18 | Marble Harbor Investment Counsel, LLC | 40K | $54K | 0.0% | 0.036% | 0.01% |
| 19 | SECURITY NATIONAL BANK OF SIOUX CITY IOWA /IA/ | 33K | $45K | 0.0% | 0.030% | 0.03% |
| 20 | Kovack Advisors, Inc. | 30K | $42K | β | 0.027% | 0.00% |
| 21 | Boyer Financial Services, Inc. | 23K | $31K | -30.2% | 0.021% | 0.03% |
| 22 | MERCER GLOBAL ADVISORS INC /ADV | 23K | $31K | 0.0% | 0.020% | 0.00% |
| 23 | ROYAL BANK OF CANADA | 22K | $29K | +62.3% | 0.019% | 0.00% |
| 24 | JONES FINANCIAL COMPANIES LLLP | 20K | $25K | 0.0% | 0.018% | 0.00% |
| 25 | Scientech Research LLC | 15K | $20K | β | 0.014% | 0.02% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in CRDL β a direct measure of their conviction.
Filings activity in CRDL during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new CRDL position in Q1 2026
Institutions that fully closed their CRDL position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 44 | +7.3% | 32.38% | +24.81 pp | $37M | +328% |
| Q4 2025 | 41 | 8.9% | 7.57% | +1.14 pp | $9M | +18% |
| Q3 2025 | 45 | +15% | 6.43% | 0.64 pp | $7M | 9.0% |
| Q2 2025 | 39 | +5.4% | 7.07% | +1.27 pp | $8M | +22% |
| Q1 2025 | 37 | 9.8% | 5.80% | 2.06 pp | $7M | 26% |
| Q4 2024 | 41 | +2.5% | 7.86% | 0.57 pp | $9M | 6.7% |
| Q3 2024 | 40 | 2.4% | 8.43% | 11.31 pp | $10M | 57% |
| Q2 2024 | 41 | β | 19.74% | β | $23M | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying CRDL stock.
Based on Q1 2026 13F filings, institutional ownership of Cardiol Therapeutics Inc. stands at 32.4%, held across 44 reporting institutions.
MMCAP International Inc. SPC is the largest reported institutional holder of CRDL, with approximately 15,352,317 shares worth $0.02B as of Q1 2026.
Yes β 4 widely-followed marquee investors appear among the top 25 institutional holders of CRDL, including CITADEL ADVISORS LLC, TWO SIGMA INVESTMENTS, LP, RENAISSANCE TECHNOLOGIES LLC, SUSQUEHANNA INTERNATIONAL GROUP, LLP.
Our composite Smart Money Score for CRDL is 73 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
14 institutions opened new positions in CRDL during Q1 2026, while 11 fully exited. 26 added to existing positions and 3 trimmed.
CRDL institutional ownership rose by 24.81 percentage points quarter-over-quarter, with a net change of +3 holders.
The top 10 institutions account for 96.7% of all reported 13F value in CRDL, and the top 25 account for 99.5%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Cardiol Therapeutics Inc. (CRDL) Institutional Ownership