Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in PROF held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | FIL Ltd | 2.3M | $15.2M | +6.4% | 7.733% | 0.01% |
| 2 | GAGNON SECURITIES LLC | 1.9M | $12.6M | +0.0% | 6.426% | 2.91% |
| 3 | Timelo Investment Management Inc. | 1.1M | $7.2M | +13.8% | 3.685% | 9.89% |
| 4 | ROYCE & ASSOCIATES LP | 1.1M | $7.1M | +12.7% | 3.689% | 0.07% |
| 5 | Gagnon Advisors, LLC | 962K | $6.2M | 0.0% | 3.180% | 4.59% |
| 6 | LETKO, BROSSEAU & ASSOCIATES INC | 953K | $6.1M | -1.8% | 3.150% | 0.10% |
| 7 | Rosalind Advisors, Inc. | 828K | $5.4M | -22.5% | 2.737% | 2.20% |
| 8 | Z3 Capital Partners, LLC | 818K | $5.3M | — | 2.703% | 0.65% |
| 9 | MMCAP International Inc. SPC | 745K | $4.8M | +40.2% | 2.462% | 0.42% |
| 10 | ARDSLEY ADVISORY PARTNERS LP | 575K | $3.7M | +27.8% | 1.900% | 0.51% |
| 11 | ROYAL BANK OF CANADA | 493K | $3.2M | +4.2% | 1.629% | 0.00% |
| 12 | Lagoda Investment Management, L.P. | 441K | $2.9M | — | 1.457% | 1.76% |
| 13 | First Eagle Investment Management, LLC | 323K | $2.1M | +3.2% | 1.067% | 0.00% |
| 14 | Velan Capital Investment Management LP | 286K | $1.9M | 0.0% | 0.944% | 1.16% |
| 15 | PARAGON ASSOCIATES & PARAGON ASSOCIATES II JOINT VENTURE | 276K | $1.8M | — | 0.912% | 2.43% |
| 16 | DAFNA Capital Management LLC | 263K | $1.7M | -8.0% | 0.869% | 0.39% |
| 17 | Bleichroeder LP | 255K | $1.7M | 0.0% | 0.842% | 0.29% |
| 18 | FORMULA GROWTH LTD | 241K | $1.6M | +18.8% | 0.797% | 0.71% |
| 19 | Dauntless Investment Group, LLC | 241K | $1.6M | +218.5% | 0.796% | 4.16% |
| 20 | THOMPSON DAVIS & CO., INC. | 216K | $1.4M | -0.4% | 0.713% | 0.93% |
| 21 | NATIONAL BANK OF CANADA /FI/ | 217K | $1.3M | +14.6% | 0.718% | 0.00% |
| 22 | CM Management, LLC | 175K | $1.1M | +118.8% | 0.578% | 0.95% |
| 23 | RAYMOND JAMES FINANCIAL INC | 150K | $973K | +11.0% | 0.496% | 0.00% |
| 24 | TD Waterhouse Canada Inc. | 143K | $902K | +84.6% | 0.473% | 0.00% |
| 25 | PERKINS CAPITAL MANAGEMENT INC | 114K | $741K | 0.0% | 0.378% | 0.69% |
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 PROF — a direct measure of their conviction.
Filings activity in PROF during Q1 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 |
|---|---|---|---|---|---|---|
| Q1 2026 | 54 | 11% | 50.55% | 6.99 pp | $101M | 12% |
| Q4 2025 | 61 | +49% | 57.54% | +31.44 pp | $115M | +120% |
| Q3 2025 | 41 | 8.9% | 26.10% | 10.06 pp | $52M | 28% |
| Q2 2025 | 45 | 8.2% | 36.16% | +0.50 pp | $72M | +1.4% |
| Q1 2025 | 49 | 5.8% | 35.66% | 14.45 pp | $71M | 29% |
| Q4 2024 | 52 | +24% | 50.11% | +12.84 pp | $100M | +34% |
| Q3 2024 | 42 | +5.0% | 37.27% | 5.08 pp | $75M | 12% |
| Q2 2024 | 40 | — | 42.35% | — | $85M | — |
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 PROF stock.
Based on Q1 2026 13F filings, institutional ownership of Profound Medical Corp. stands at 50.5%, held across 54 reporting institutions.
FIL Ltd is the largest reported institutional holder of PROF, with approximately 2,340,000 shares worth $0.02B as of Q1 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of PROF.
Our composite Smart Money Score for PROF is 19 out of 100 (Heavy Distribution). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
10 institutions opened new positions in PROF during Q1 2026, while 17 fully exited. 9 added to existing positions and 35 trimmed.
PROF institutional ownership fell by 6.99 percentage points quarter-over-quarter, with a net change of -7 holders.
The top 10 institutions account for 72.7% of all reported 13F value in PROF, and the top 25 account for 97.1%.
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.