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

SI ranks #5221 out of 37501 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.

BlackRock has added to its SI position for two straight quarters, increasing it by $8.5M to reach $12.9M today.

SI is down 0.5% 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