Shoulder Innovations Inc (SI) 13F Positioning & Ownership Changes (Q2 2026)

SI ranks #5228 out of 37696 tracked stocks by institutional interest, inside the more closely watched half of our coverage.

SI is a top-conviction position for Sectoral Asset Management Inc — at 6.1% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in SI belongs to FMR LLC, but the position matters far more to Sectoral Asset Management Inc, who has 6.1% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

SI is down 4.4% today, but institutions show net buying of $28.2M this quarter — a divergence between today's price move and the underlying institutional flow.

SI reported a net loss of $35.0M over the trailing twelve months.

• Not yet profitable — net loss of $35.0M over the trailing twelve months
• Revenue grew 60.9% year over year
• Net income declined year over year, from -$31.7M to -$35.0M
• Operating cash flow was negative, using $28.6M in cash
• Current ratio of 11.07x — enough short-term assets to cover short-term liabilities
• Liabilities run 0.21x equity — within a conventional range