Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

BIODESIX INC COM (BDSX)

27 + Investors. Track Smart Money conviction in BDSX. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
→ 0
Streak
1Q —
Buyers last Q
52%

Smart Money Signals — BDSX

Based on 27 hedge funds · latest filing: 2025 Q4 · updated quarterly

➡️

No change last quarter

last 6Q
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
🔻

Below peak — only 45% of 3.0Y high

45% of all-time peak
Only 27 funds hold BDSX today versus a peak of 60 funds at 2025 Q1 — just 45% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
📉

Outflows — 53% fewer funds vs a year ago

fund count last 6Q
31 fewer hedge funds hold BDSX compared to a year ago (-53% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 52% buying

14 buying13 selling
Last quarter: 14 funds bought or added vs 13 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~7 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 11 → 6 → 7 → 7. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

44% of holders stayed for 2+ years

■ 44% conviction (2yr+) ■ 33% medium ■ 22% new
12 out of 27 hedge funds have held BDSX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📊

Peak discovery — momentum slowing

17 → 11 → 6 → 7 → 7 new funds/Q
New funds entering each quarter: 11 → 6 → 7 → 7. BDSX is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Deep conviction — 48% of holders stayed 2+ years

■ 48% veterans ■ 19% 1-2yr ■ 33% new
Of 27 current holders: 13 (48%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
📋

Smaller funds dominant — 16% AUM from top-100

16% from top-100 AUM funds
7 of 27 holders rank in the top 100 by AUM, but together hold only 16% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
1.0
out of 10
Low Exit Risk
Exit risk score 1.0/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BDSX

In 2025 Q4, 14 hedge funds were net buyers of BDSX (7 opened a new position, 7 added to an existing one), while 13 reduced or exited (6 trimmed, 7 sold completely) — a 52% buyer ratio, indicating a slight buying edge. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 27.

Hedge Fund Ownership: BDSX

How many hedge funds hold BDSX — quarterly history vs. share price
Quarterly hedge fund ownership of BDSX vs. share price

Market Analysis: BDSX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BDSX

Healthcare Diagnostics & Research

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

8 top-rated funds 0 high-conviction
Consensus
4.1
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: BDSX
2026 Q1 Stats Unlock in 7 days 27 + Investors

Track Smart Money conviction in BDSX. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 27 27 -
13F Shares 2M 1M 13.08%
Total Value $11M $11M 1.85%
New Positions 7 7 -
Increased Positions 7 0 +7
Closed Positions 7 20 -13
Reduced Positions 6 20 -14
Total Calls 1 1 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BDSX

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

27 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BDSX. Verified SEC 13F-HR filings.

Top 20 institutional holders of BDSX — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 AIGH Capital Management LLC 1.50% 758,328 $11.0M
2 Telemark Asset Management, LLC 0.66% 489,824 $7.1M
3 PERKINS CAPITAL MANAGEMENT INC 0.61% 44,783 $649K
4 ESSEX INVESTMENT MANAGEMENT CO LLC 0.30% 132,086 $1.9M
5 THOMPSON DAVIS & CO., INC. 0.11% 11,750 $170K
6 GSA CAPITAL PARTNERS LLP 0.04% 39,406 —
7 Aberdeen Group plc 0.01% 458,438 $6.6M
8 BLAIR WILLIAM & CO/IL 0.00% 27,583 $400K
9 Walleye Capital LLC 0.00% 10,840 $157K
10 SEI INVESTMENTS CO 0.00% 43,024 $624K
11 Fortitude Family Office, LLC 0.00% 171 $2K
12 Cetera Investment Advisers 0.00% 12,000 $174K
13 VANGUARD FIDUCIARY TRUST CO 0.00% 28,660 $416K
14 VANGUARD CAPITAL MANAGEMENT LLC 0.00% 255,161 $3.7M
15 UBS Group AG 0.00% 36,808 $534K
16 GILL CAPITAL PARTNERS, LLC 0.00% 13 —
17 JANE STREET GROUP, LLC 0.00% 27,031 $392K
18 BNP PARIBAS FINANCIAL MARKETS 0.00% 924 $13K
19 BlackRock, Inc. 0.00% 24,466 $355K
20 GROUP ONE TRADING LLC 0.00% 100 $1K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — BIODESIX INC COM (BDSX)

What does the Smart Money Trend signal show for BDSX?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for BDSX?

Slight buying edge — 52% buying: Last quarter: 14 funds bought or added vs 13 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for BDSX holders?

Smaller funds dominant — 16% AUM from top-100: 7 of 27 holders rank in the top 100 by AUM, but together hold only 16% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held BDSX?

44% of holders stayed for 2+ years: 12 out of 27 hedge funds have held BDSX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.