| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| Hudson Bay Capital Management LP | 7.8% | $3,921,926 | 2,466,620 | Hudson Bay Capital Management LP | 31 Dec 2025 | |||
| HIRSCH LAURENCE E | 3.5% | $2,574,000 | 900,000 | Laurence E. Hirsch | 13 Aug 2025 |
As of 31 Dec 2025, 27 institutional investors reported holding 4,707,490 shares of Spectral AI, Inc. - Common Stock, $0.0001 par value (MDAI). This represents 15% of the company’s total 31,623,333 outstanding shares.
The largest institutional shareholders of Spectral AI, Inc. - Common Stock, $0.0001 par value (MDAI) together control 15% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| Hudson Bay Capital Management LP | 4.8% | 1,526,716 | 0.01% | $2,167,937 | |
| Highlander Partners, L.P. | 2.8% | 900,000 | 0% | 0.46% | $1,278,000 |
| VANGUARD GROUP INC | 2.7% | 842,049 | +37% | 0% | $1,195,710 |
| GEODE CAPITAL MANAGEMENT, LLC | 0.68% | 216,558 | +19% | 0% | $307,563 |
| UNIVERSITY OF TEXAS/TEXAS AM INVESTMENT MANAGEMENT CO | 0.67% | 210,488 | 0% | 0.04% | $298,893 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 0.63% | 199,000 | 0% | 0.01% | $282,580 |
| DNB Asset Management AS | 0.43% | 136,473 | +85% | 0% | $193,792 |
| BlackRock, Inc. | 0.37% | 117,496 | +8.9% | 0% | $166,845 |
| UBS Group AG | 0.32% | 102,576 | -45% | 0% | $145,658 |
| Rathbones Group PLC | 0.28% | 89,178 | 0% | 0% | $126,632 |
| STATE STREET CORP | 0.24% | 75,600 | +91% | 0% | $107,352 |
| Forum Financial Management, LP | 0.19% | 60,501 | 0% | 0% | $85,912 |
| JANE STREET GROUP, LLC | 0.17% | 52,592 | 0% | $74,681 | |
| Virtu Financial LLC | 0.17% | 52,547 | 0% | $75,000 | |
| Shay Capital LLC | 0.13% | 40,863 | 0% | 0.01% | $58,025 |
| NORTHERN TRUST CORP | 0.1% | 32,098 | +2.5% | 0% | $45,579 |
| N.E.W. Advisory Services LLC | 0.04% | 14,000 | 0% | $19,880 | |
| Philip James Wealth Mangement, LLC | 0.04% | 12,000 | 0% | 0% | $17,040 |
| MORGAN STANLEY | 0.03% | 8,401 | -2.5% | 0% | $11,929 |
| OSAIC HOLDINGS, INC. | 0.03% | 7,980 | 0% | 0% | $11,331 |
| Tower Research Capital LLC (TRC) | 0.01% | 3,949 | 0% | $5,608 | |
| Westside Investment Management, Inc. | 0.01% | 2,650 | 0% | 0% | $3,763 |
| NewEdge Advisors, LLC | 0.01% | 1,700 | 0% | 0% | $2,414 |
| WOLVERINE ASSET MANAGEMENT LLC | 0.01% | 1,655 | 0% | $2,350 | |
| Concord Wealth Partners | 0% | 300 | 0% | $426 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 4,707,490 | $6,685,070 | +$2,367,452 | $1.42 | 27 |
| 2025 Q3 | 2,937,106 | $6,694,012 | -$2,144,577 | $2.28 | 24 |
| 2025 Q2 | 3,804,622 | $9,435,015 | +$936,340 | $2.48 | 26 |
| 2025 Q1 | 3,570,119 | $4,105,635 | -$70,543 | $1.15 | 25 |
| 2024 Q4 | 3,385,719 | $9,551,378 | +$1,011,296 | $2.83 | 28 |
| 2024 Q3 | 3,086,353 | $3,602,058 | +$348,229 | $1.06 | 23 |
| 2024 Q2 | 2,738,006 | $4,628,973 | -$126,380 | $1.76 | 22 |
| 2024 Q1 | 2,736,235 | $5,569,486 | +$1,936,562 | $2.13 | 25 |
| 2023 Q4 | 1,817,997 | $4,475,642 | -$443,538 | $2.46 | 15 |
| 2023 Q3 | 1,998,220 | $5,143,197 | +$5,143,197 | $2.57 | 9 |