Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in MDAI held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Highlander Partners, L.P. | 900K | $1.3M | 0.0% | 2.828% | 0.52% |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 726K | $1.1M | β | 2.282% | 0.00% |
| 3 | GEODE CAPITAL MANAGEMENT, LLC | 301K | $443K | +39.1% | 0.946% | 0.00% |
| 4 | JANE STREET GROUP, LLC | 221K | $325K | +320.2% | 0.694% | 0.00% |
| 5 | UNIVERSITY OF TEXAS/TEXAS AM INVESTMENT MANAGMENT CO | 210K | $309K | 0.0% | 0.661% | 0.05% |
| 6 | BRIDGEWAY CAPITAL MANAGEMENT, LLC | 199K | $293K | 0.0% | 0.625% | 0.01% |
| 7 | VANGUARD FIDUCIARY TRUST CO | 142K | $208K | β | 0.446% | 0.00% |
| 8 | BlackRock, Inc. | 122K | $180K | +4.0% | 0.384% | 0.00% |
| 9 | UBS Group AG | 113K | $166K | +10.2% | 0.355% | 0.00% |
| 10 | Rathbone Brothers plc | 87K | $128K | -2.4% | 0.274% | 0.00% |
| 11 | STATE STREET CORP | 76K | $111K | 0.0% | 0.238% | 0.00% |
| 12 | Forum Financial Management, LP | 61K | $89K | 0.0% | 0.190% | 0.00% |
| 13 | NORTHERN TRUST CORP | 32K | $47K | 0.0% | 0.101% | 0.00% |
| 14 | XTX Topco Ltd | 27K | $40K | β | 0.085% | 0.00% |
| 15 | Shay Capital LLC | 15K | $22K | -63.4% | 0.047% | 0.00% |
| 16 | CITIGROUP INC | 15K | $22K | β | 0.047% | 0.00% |
| 17 | N.E.W. Advisory Services LLC | 14K | $21K | 0.0% | 0.044% | 0.00% |
| 18 | RAYMOND JAMES FINANCIAL INC | 13K | $19K | β | 0.040% | 0.00% |
| 19 | Philip James Wealth Mangement, LLC | 12K | $18K | 0.0% | 0.038% | 0.00% |
| 20 | MORGAN STANLEY | 8K | $12K | -0.1% | 0.026% | 0.00% |
| 21 | WOLVERINE ASSET MANAGEMENT LLC | 6K | $10K | +292.1% | 0.020% | 0.00% |
| 22 | ADVISOR GROUP HOLDINGS, INC. | 6K | $10K | -18.8% | 0.020% | 0.00% |
| 23 | Westside Investment Management, Inc. | 3K | $4K | 0.0% | 0.008% | 0.00% |
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 MDAI β a direct measure of their conviction.
Filings activity in MDAI during Q1 2026, grouped by how each filer changed its position.
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 | 23 | 15% | 8.40% | 3.01 pp | $5M | 26% |
| Q4 2025 | 27 | +13% | 11.41% | 0.15 pp | $7M | 1.3% |
| Q3 2025 | 24 | 11% | 11.56% | 4.74 pp | $7M | 29% |
| Q2 2025 | 27 | +0.0% | 16.30% | +9.21 pp | $9M | +130% |
| Q1 2025 | 27 | 6.9% | 7.09% | 9.29 pp | $4M | 57% |
| Q4 2024 | 29 | +21% | 16.38% | +10.16 pp | $9M | +163% |
| Q3 2024 | 24 | +4.3% | 6.22% | 1.13 pp | $4M | 15% |
| Q2 2024 | 23 | β | 7.35% | β | $4M | 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 MDAI stock.
Based on Q1 2026 13F filings, institutional ownership of Spectral AI, Inc. stands at 8.4%, held across 23 reporting institutions.
Highlander Partners, L.P. is the largest reported institutional holder of MDAI, with approximately 900,000 shares worth $0.00B as of Q1 2026.
Yes β 1 widely-followed marquee investor appear among the top 25 institutional holders of MDAI, including JANE STREET GROUP, LLC.
Our composite Smart Money Score for MDAI is 31 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
5 institutions opened new positions in MDAI during Q1 2026, while 9 fully exited. 16 added to existing positions and 2 trimmed.
MDAI institutional ownership fell by 3.01 percentage points quarter-over-quarter, with a net change of -4 holders.
The top 10 institutions account for 91.3% of all reported 13F value in MDAI, and the top 25 account for 100.0%.
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.
Spectral AI, Inc. (MDAI) Institutional Ownership