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$18.55$383M
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HomeStocksSIInstitutional Holders

SI logoShoulder Innovations, Inc. (SI) Institutional Ownership

Q1 2026 13F Data|Updated 2026-06-13

✨

Institutional ownership increased this quarter (+3.80 pp), though top 10 holders maintain a highly concentrated 87.7% of institutional value.

Institutional Ownership
Can exceed 100% due to securities lending, short interest, and reporting timing differences.
28.3%$109M total value · ▲ +3.80 pp vs prior quarter
Smart Money Score
Based on ownership concentration, fund quality, buying/selling activity, conviction signals, and institutional trend.
63 / 100Bullish
Institutions & Flow56 holders+7 net flow (+16 / -9)

AI Insights & Key Takeaways

  • Positive Institutional Flow (+7)
  • Millennium Management Llc maintains a significant position
  • Top 10 holders control 87.7% of institutional value
  • No Insider Signal

Top Institutional Holders of SI

Ranked by reported Q1 2026 13F market value

Top 10 Holders
87.7%
Top 25 Holders
98.7%

Share of total reported institutional value in SI held by the largest 10 / 25 filers.

#InstitutionShares HeldMarket ValueQoQ ChangeOwnership %% of Fund
1FMR LLC3.8M$55.0M-1.7%18.324%0.00%
2BlackRock, Inc.556K$8.1M+78.6%2.692%0.00%
3SECTORAL ASSET MANAGEMENT INC430K$6.3M-12.6%2.084%5.18%

Quarterly Institutional Activity

Filings activity in SI during Q1 2026, grouped by how each filer changed its position.

OverviewNew Buyers16Added To31Trimmed8Exited9

New Buyers

16

Institutions that opened a new SI position in Q1 2026

  • VANGUARD CAPITAL MANAGEMENT LLC

SI Institutional Ownership by Quarter

3 quarters of 13F filings · Δ columns show change vs prior quarter

QuarterInst. HoldersΔ HoldersOwnership %Δ OwnershipTotal 13F ValueΔ Value
Q1 202656+14%28.26%+3.80 pp$109M+16%
Q4 202549+17%24.46%+0.68 pp$94M+2.9%
Q3 202542—23.78%—$92M—

Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.

SI — Frequently Asked Questions

Quick answers to the most common questions about buying SI stock.

What percentage of SI is owned by institutions?

Based on Q1 2026 13F filings, institutional ownership of Shoulder Innovations, Inc. stands at 28.3%, held across 56 reporting institutions.

Who is the largest institutional holder of SI?

FMR LLC is the largest reported institutional holder of SI, with approximately 3,784,552 shares worth $0.05B as of Q1 2026.

Is SI a hedge fund favorite?

Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of SI, including MILLENNIUM MANAGEMENT LLC.

What is SI's Smart Money Score?

Our composite Smart Money Score for SI is 63 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.

How many institutions bought SI this quarter?

16 institutions opened new positions in SI during Q1 2026, while 9 fully exited. 31 added to existing positions and 8 trimmed.

4
VANGUARD CAPITAL MANAGEMENT LLC
413K
$6.0M
—
2.002%
0.00%
5TimesSquare Capital Management, LLC323K$4.7M+11.4%1.563%0.08%
6Roubaix Capital, LLC257K$3.7M+61.9%1.245%1.74%
7Alyeska Investment Group, L.P.233K$3.4M0.0%1.128%0.01%
8Sio Capital Management, LLC211K$3.1M-7.6%1.020%0.44%
9MILLENNIUM MANAGEMENT LLC194K$2.8M+110.8%0.939%0.00%
10GEODE CAPITAL MANAGEMENT, LLC184K$2.7M+66.5%0.889%0.00%
11MORGAN STANLEY158K$2.3M+4.5%0.763%0.00%
12CM Management, LLC100K$1.5M+300.0%0.484%1.21%
13STATE STREET CORP93K$1.4M+59.6%0.452%0.00%
14Walleye Capital LLC85K$1.2M-8.8%0.412%0.01%
15NORTHERN TRUST CORP64K$931K+79.5%0.310%0.00%
16VANGUARD PORTFOLIO MANAGEMENT LLC61K$886K—0.295%0.00%
17ROYAL BANK OF CANADA54K$783K+7046.3%0.261%0.00%
18READYSTATE ASSET MANAGEMENT LP39K$573K0.0%0.191%0.03%
19VANGUARD FIDUCIARY TRUST CO38K$547K—0.182%0.00%
20KCM Capital Inc35K$509K—0.169%0.09%
21BANK OF AMERICA CORP /DE/27K$392K+43.7%0.131%0.00%
22CHARLES SCHWAB INVESTMENT MANAGEMENT INC23K$333K+94.9%0.111%0.00%
23Bank of New York Mellon Corp17K$252K—0.084%0.00%
24EverSource Wealth Advisors, LLC1K$247K+21228.6%0.007%0.01%
25Blue Trust, Inc.16K$228K—0.076%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 SI — a direct measure of their conviction.

$6.0M
  • VANGUARD PORTFOLIO MANAGEMENT LLC$886K
  • VANGUARD FIDUCIARY TRUST CO$547K
  • KCM Capital Inc$509K
  • Bank of New York Mellon Corp$252K
  • Blue Trust, Inc.$228K
  • GOLDMAN SACHS GROUP INC$204K
  • Nuveen, LLC$177K
  • MetLife Investment Management, LLC$90K
  • JONES FINANCIAL COMPANIES LLLP$65K
  • China Universal Asset Management Co., Ltd.$52K
  • Vanguard Global Advisers, LLC$40K
  • Exited Positions

    9

    Institutions that fully closed their SI position in Q1 2026

    • VANGUARD GROUP INC$3.2M
    • FEDERATED HERMES, INC.$1.3M
    • JANE STREET GROUP, LLC$234K
    • Board of Trustees of The Leland Stanford Junior University$193K
    • RENAISSANCE TECHNOLOGIES LLC$176K
    • JPMORGAN CHASE & CO$27K
    • GSA CAPITAL PARTNERS LLP$325
    • IFP Advisors, Inc$14
    • AMALGAMATED BANK$2
    How is institutional ownership of SI changing?

    SI institutional ownership rose by 3.80 percentage points quarter-over-quarter, with a net change of +7 holders.

    How concentrated is SI ownership among the top holders?

    The top 10 institutions account for 87.7% of all reported 13F value in SI, and the top 25 account for 98.7%.

    Where does this SI institutional ownership data come from?

    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.