Ranked by reported Q2 2026 13F market value
Share of total reported institutional value in HCAT held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | First Light Asset Management, LLC | 12.8M | $25.5M | -0.5% | 17.337% | 1.55% |
| 2 | CDC Financial, Inc. | 7.1M | $14.1M | +12.5% | 9.598% | 5.91% |
| 3 | Palogic Value Management, L.P. | 4.9M | $9.8M | +69.9% | 6.661% | 1.61% |
| 4 | Impax Asset Management Group plc | 4.0M | $8.0M | +45.5% | 5.413% | 0.05% |
| 5 | Nepsis Inc. | 3.0M | $5.9M | +58.6% | 4.028% | 2.01% |
| 6 | VANGUARD CAPITAL MANAGEMENT LLC | 3.0M | $5.9M | +3.0% | 4.021% | 0.00% |
| 7 | Caption Management, LLC | 2.5M | $4.9M | +0.1% | 3.348% | 0.02% |
| 8 | BlackRock, Inc. | 1.8M | $3.7M | -64.3% | 2.485% | 0.00% |
| 9 | Whetstone Capital Advisors, LLC | 1.7M | $3.3M | -70.9% | 2.276% | 0.88% |
| 10 | JANE STREET GROUP, LLC | 1.0M | $2.1M | +1764.2% | 1.404% | 0.00% |
| 11 | DIMENSIONAL FUND ADVISORS LP | 912K | $1.8M | -26.2% | 1.234% | 0.00% |
| 12 | GEODE CAPITAL MANAGEMENT, LLC | 891K | $1.8M | -40.6% | 1.206% | 0.00% |
| 13 | HighMark Wealth Management LLC | 871K | $1.7M | -3.5% | 1.179% | 0.58% |
| 14 | Mink Brook Asset Management LLC | 738K | $1.5M | — | 0.999% | 0.65% |
| 15 | PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C. | 711K | $1.4M | 0.0% | 0.962% | 0.12% |
| 16 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 616K | $1.2M | +1.4% | 0.833% | 0.00% |
| 17 | CITADEL ADVISORS LLC | 547K | $1.1M | +718.4% | 0.740% | 0.00% |
| 18 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 527K | $1.0M | +210.2% | 0.714% | 0.00% |
| 19 | MILLENNIUM MANAGEMENT LLC | 516K | $1.0M | — | 0.698% | 0.00% |
| 20 | PEAK6 LLC | 500K | $995K | — | 0.677% | 0.00% |
| 21 | GOLDMAN SACHS GROUP INC | 481K | $957K | +24.2% | 0.651% | 0.00% |
| 22 | VANGUARD FIDUCIARY TRUST CO | 463K | $921K | +4.4% | 0.627% | 0.00% |
| 23 | FMR LLC | 411K | $817K | +11.8% | 0.556% | 0.00% |
| 24 | HSBC HOLDINGS PLC | 409K | $809K | +313.3% | 0.553% | 0.00% |
| 25 | Squarepoint Ops LLC | 400K | $796K | +1214.8% | 0.542% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in HCAT — a direct measure of their conviction.
Filings activity in HCAT during Q2 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 130 | 2.3% | 76.23% | 123.76 pp | $110M | 86% |
| Q1 2026 | 133 | 2.2% | 199.99% | +121.34 pp | $769M | +494% |
| Q4 2025 | 136 | 4.2% | 78.65% | +0.80 pp | $129M | 15% |
| Q3 2025 | 142 | 2.7% | 77.85% | +0.05 pp | $152M | 23% |
| Q2 2025 | 146 | 11% | 77.80% | +0.16 pp | $198M | 13% |
| Q1 2025 | 164 | 0.6% | 77.64% | 3.84 pp | $228M | 38% |
| Q4 2024 | 165 | +4.4% | 81.48% | 4.90 pp | $368M | 11% |
| Q3 2024 | 158 | — | 86.38% | — | $412M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying HCAT stock.
Based on Q2 2026 13F filings, institutional ownership of Health Catalyst, Inc. stands at 76.2%, held across 130 reporting institutions.
First Light Asset Management, LLC is the largest reported institutional holder of HCAT, with approximately 12,810,861 shares worth $0.03B as of Q2 2026.
Yes — 4 widely-followed marquee investors appear among the top 25 institutional holders of HCAT, including JANE STREET GROUP, LLC, CITADEL ADVISORS LLC, SUSQUEHANNA INTERNATIONAL GROUP, LLP, MILLENNIUM MANAGEMENT LLC.
Our composite Smart Money Score for HCAT is 47 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
33 institutions opened new positions in HCAT during Q2 2026, while 34 fully exited. 65 added to existing positions and 26 trimmed.
HCAT institutional ownership fell by 123.76 percentage points quarter-over-quarter, with a net change of -3 holders.
The top 10 institutions account for 75.4% of all reported 13F value in HCAT, and the top 25 account for 91.6%.
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.
Health Catalyst, Inc. (HCAT) Institutional Ownership