Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in LWLG held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 6.1M | $43.0M | β | 3.966% | 0.00% |
| 2 | MARSHALL WACE, LLP | 5.9M | $41.5M | +482.4% | 3.832% | 0.05% |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 3.1M | $21.6M | β | 1.996% | 0.00% |
| 4 | MILLENNIUM MANAGEMENT LLC | 3.0M | $21.0M | +196.4% | 1.936% | 0.01% |
| 5 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 2.9M | $20.4M | +212.8% | 1.888% | 0.00% |
| 6 | BlackRock, Inc. | 2.5M | $17.4M | +35.1% | 1.603% | 0.00% |
| 7 | CITADEL ADVISORS LLC | 2.3M | $16.4M | +6.8% | 1.517% | 0.01% |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 1.9M | $13.1M | +9.6% | 1.206% | 0.00% |
| 9 | STATE STREET CORP | 1.7M | $12.0M | +6.9% | 1.105% | 0.00% |
| 10 | Qube Research & Technologies Ltd | 1.2M | $8.7M | +429.9% | 0.804% | 0.01% |
| 11 | VANGUARD FIDUCIARY TRUST CO | 882K | $6.2M | β | 0.573% | 0.00% |
| 12 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 871K | $6.1M | +13.6% | 0.566% | 0.00% |
| 13 | LPL Financial LLC | 822K | $5.8M | +5.5% | 0.533% | 0.00% |
| 14 | GROUP ONE TRADING, L.P. | 774K | $5.4M | +74.7% | 0.502% | 0.18% |
| 15 | GOLDMAN SACHS GROUP INC | 579K | $4.1M | -26.2% | 0.376% | 0.00% |
| 16 | Nokomis Capital, L.L.C. | 575K | $4.0M | -23.3% | 0.373% | 1.23% |
| 17 | RAYMOND JAMES FINANCIAL INC | 524K | $3.7M | +2093.7% | 0.340% | 0.00% |
| 18 | UBS Group AG | 451K | $3.2M | +12.1% | 0.293% | 0.00% |
| 19 | UMB BANK N A/MO | 403K | $2.8M | +3.7% | 0.262% | 0.04% |
| 20 | NORTHERN TRUST CORP | 333K | $2.3M | +11.7% | 0.216% | 0.00% |
| 21 | VOLORIDGE INVESTMENT MANAGEMENT, LLC | 308K | $2.2M | β | 0.200% | 0.01% |
| 22 | Catalyst Funds Management Pty Ltd | 286K | $2.0M | +40.9% | 0.186% | 0.34% |
| 23 | Bleakley Financial Group, LLC | 247K | $1.7M | β | 0.161% | 0.03% |
| 24 | Brevan Howard Capital Management LP | 245K | $1.7M | β | 0.159% | 0.02% |
| 25 | Kestra Advisory Services, LLC | 215K | $1.5M | -0.2% | 0.139% | 0.01% |
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 LWLG β a direct measure of their conviction.
Filings activity in LWLG during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new LWLG position in Q1 2026
Institutions that fully closed their LWLG 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 | 131 | +10% | 20.21% | +12.58 pp | $299M | +165% |
| Q4 2025 | 119 | +19% | 7.63% | +1.99 pp | $113M | +35% |
| Q3 2025 | 100 | 12% | 5.64% | +3.63 pp | $83M | +180% |
| Q2 2025 | 113 | 6.6% | 2.01% | 0.20 pp | $30M | 9.1% |
| Q1 2025 | 121 | 2.4% | 2.21% | 2.55 pp | $33M | 54% |
| Q4 2024 | 124 | +6.0% | 4.76% | 1.39 pp | $70M | 23% |
| Q3 2024 | 117 | +0.9% | 6.15% | 0.25 pp | $91M | 4.0% |
| Q2 2024 | 116 | β | 6.40% | β | $95M | 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 LWLG stock.
Based on Q1 2026 13F filings, institutional ownership of Lightwave Logic, Inc. stands at 20.2%, held across 131 reporting institutions.
VANGUARD CAPITAL MANAGEMENT LLC is the largest reported institutional holder of LWLG, with approximately 6,110,931 shares worth $0.04B as of Q1 2026.
Yes β 3 widely-followed marquee investors appear among the top 25 institutional holders of LWLG, including MILLENNIUM MANAGEMENT LLC, SUSQUEHANNA INTERNATIONAL GROUP, LLP, CITADEL ADVISORS LLC.
Our composite Smart Money Score for LWLG is 74 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
38 institutions opened new positions in LWLG during Q1 2026, while 26 fully exited. 88 added to existing positions and 4 trimmed.
LWLG institutional ownership rose by 12.58 percentage points quarter-over-quarter, with a net change of +12 holders.
The top 10 institutions account for 72.0% of all reported 13F value in LWLG, and the top 25 account for 89.7%.
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.