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VOL. XII · NO. 117Established MMXIV · George Town, Grand CaymanAtlantic Edition · $4.50

The Cayman Journal

Finance · Business · Technology · Caribbean & Global Affairs
13F Institutional Ownership · SNWV

SANUWAVE Health Inc NASDAQ NMS - GLOBAL MARKET:SNWV

Institutional holders, quarter-over-quarter share deltas, and new and closed positions disclosed in Form 13F. Period 2025-12-31 · prior 2025-09-30.

12 new21 added27 reduced9 exited

New Positions(12)

ManagerSharesΔ SharesValueΔ Value% Δ
STIFEL FINANCIAL CORP177,303+177,303$5.3M+$5.3M
Huntleigh Advisors, Inc.33,445+33,445$998.0K+$998.0K
JANE STREET GROUP, LLC19,666+19,666$586.8K+$586.8K
Shay Capital LLC14,200+14,200$423.7K+$423.7K
CI Private Wealth, LLC8,604+8,604$256.7K+$256.7K
Sanctuary Advisors, LLC6,753+6,753$253.1K+$253.1K
Strategic Investment Solutions, Inc. /IL1,333+1,333$39.8K+$39.8K
Financial Management Professionals, Inc.417+417$12.4K+$12.4K
JONES FINANCIAL COMPANIES LLLP133+133$4.0K+$4.0K
HRT FINANCIAL LP6,870+6,870$205+$205
State of Alaska, Department of Revenue3,235+3,235$96+$96
BESSEMER GROUP INC246+246$7+$7

Added To(21)

ManagerSharesΔ SharesValueΔ Value% Δ
Opaleye Management Inc.981,267+1,267$29.3M-$7.4M0.1%
Praetorian PR LLC265,000+247,750$7.9M+$7.3M1436.2%
BlackRock, Inc.490,519+13,317$14.6M-$3.2M2.8%
VANGUARD GROUP INC445,206+4,922$13.3M-$3.2M1.1%
BARCLAYS PLC49,467+39,163$1.6M+$1.2M380.1%
Solas Capital Management, LLC293,529+92,225$8.8M+$1.2M45.8%
GEODE CAPITAL MANAGEMENT, LLC167,256+5,378$5.0M-$1.1M3.3%
BRIDGEWAY CAPITAL MANAGEMENT, LLC39,279+17,000$1.2M+$337.1K76.3%
UBS Group AG18,621+9,558$555.7K+$216.0K105.5%
CHARLES SCHWAB INVESTMENT MANAGEMENT INC24,398+1,135$728.0K-$143.9K4.9%
MORGAN STANLEY12,827+5,664$382.8K+$114.3K79.1%
WELLS FARGO & COMPANY/MN8,137+3,828$242.8K+$81.3K88.8%
DEUTSCHE BANK AG\5,567+281$166.1K-$32.0K5.3%
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.3,487+155$104.1K-$20.8K4.7%
Royal Bank of Canada437+400$13.0K+$12.0K1081.1%
BNP PARIBAS ARBITRAGE, SNC1,598+148$47.7K-$6.7K10.2%
Tower Research Capital LLC (TRC)712+12$21.2K-$5.0K1.7%
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM457+18$13.6K-$2.8K4.1%
ADVISOR GROUP HOLDINGS, INC.87+75$2.6K+$2.1K625.0%
Sterling Capital Management LLC46+29$1.4K+$736170.6%
Quarry LP244+36$7.3K-$51517.3%

Reduced(27)

ManagerSharesΔ SharesValueΔ Value% Δ
AWM Investment Company, Inc.454,5500$13.6M-$3.5M0.0%
GOLDMAN SACHS GROUP INC37,450-32,340$1.1M-$1.5M-46.3%
STATE STREET CORP136,164-1,648$4.1M-$1.1M-1.2%
Stonebridge Wealth Management, LLC38,384-8,540$1.1M-$613.3K-18.2%
NORTHERN TRUST CORP61,357-453$1.8M-$485.7K-0.7%
BANK OF AMERICA CORP /DE/24,321-7,045$725.7K-$449.9K-22.5%
LAZARD ASSET MANAGEMENT LLC13,266-6,621$395.9K-$349.5K-33.3%
RICE HALL JAMES & ASSOCIATES, LLC25,156-2,146$750.7K-$272.6K-7.9%
Bank of New York Mellon Corp15,599-87$465.5K-$122.4K-0.6%
RHUMBLINE ADVISERS8,428-623$251.5K-$87.7K-6.9%
Nuveen, LLC9,1060$271.7K-$69.6K0.0%
Russell Investments Group, Ltd.632-1,167$18.9K-$48.6K-64.9%
MetLife Investment Management, LLC4,4900$134.0K-$34.3K0.0%
JPMORGAN CHASE & CO3,007-95$89.7K-$26.5K-3.1%
CITIGROUP INC168-617$5.0K-$24.4K-78.6%
NEW YORK STATE COMMON RETIREMENT FUND3,1000$92.5K-$23.7K0.0%
Police & Firemen's Retirement System of New Jersey2,1260$63.4K-$16.2K0.0%
Legal & General Group Plc752-30$22.4K-$6.9K-3.8%
Ameritas Investment Partners, Inc.7160$21.4K-$5.5K0.0%
FMR LLC61-129$1.8K-$5.3K-67.9%
AdvisorNet Financial, Inc5670$16.9K-$4.3K0.0%
GAMMA Investing LLC6-14$179-$571-70.0%
US BANCORP \DE\660$2.0K-$5050.0%
PNC Financial Services Group, Inc.2-8$60-$315-80.0%
NewEdge Advisors, LLC260$776-$1980.0%
CWM, LLC495-3$15-$4-0.6%
AMALGAMATED BANK234-6$7-$2-2.5%

Sold Out(9)

ManagerSharesΔ SharesValueΔ Value% Δ
CenterBook Partners LP0-87,947$0-$3.3M
Evernest Financial Advisors, LLC0-17,600$0-$659.6K
KIRTLAND HILLS CAPITAL MANAGEMENT, LLC0-3,404$0-$465.8K
Farther Finance Advisors, LLC0-1,517$0-$56.9K
QUADRANT CAPITAL GROUP LLC0-87$0-$3.3K
CURIO WEALTH, LLC0-35$0-$1.3K
SIGNATUREFD, LLC0-27$0-$1.0K
SRS Capital Advisors, Inc.0-6$0-$225
Wealthspire Advisors, LLC0-2$0-$75

Top Holders by reported value

Ranked by the dollar value reported on the latest Form 13F. Share counts reflect long positions as of 2025-12-31.

ManagerShares$ ValueΔ SharesQoQ %
Opaleye Management Inc.981,267$29.3M+1,2670.1%
BlackRock, Inc.490,519$14.6M+13,3172.8%
AWM Investment Company, Inc.454,550$13.6M00.0%
VANGUARD GROUP INC445,206$13.3M+4,9221.1%
Solas Capital Management, LLC293,529$8.8M+92,22545.8%
Praetorian PR LLC265,000$7.9M+247,7501436.2%
STIFEL FINANCIAL CORP177,303$5.3M+177,303
GEODE CAPITAL MANAGEMENT, LLC167,256$5.0M+5,3783.3%
STATE STREET CORP136,164$4.1M-1,648-1.2%
NORTHERN TRUST CORP61,357$1.8M-453-0.7%
BARCLAYS PLC49,467$1.6M+39,163380.1%
BRIDGEWAY CAPITAL MANAGEMENT, LLC39,279$1.2M+17,00076.3%
Stonebridge Wealth Management, LLC38,384$1.1M-8,540-18.2%
GOLDMAN SACHS GROUP INC37,450$1.1M-32,340-46.3%
Huntleigh Advisors, Inc.33,445$998.0K+33,445
RICE HALL JAMES & ASSOCIATES, LLC25,156$750.7K-2,146-7.9%
CHARLES SCHWAB INVESTMENT MANAGEMENT INC24,398$728.0K+1,1354.9%
BANK OF AMERICA CORP /DE/24,321$725.7K-7,045-22.5%
JANE STREET GROUP, LLC19,666$586.8K+19,666
UBS Group AG18,621$555.7K+9,558105.5%

New & Closed Positions this quarter

Methodology

Form 13F is the SEC's quarterly disclosure for institutional investment managers exercising discretion over $100 million or more in qualifying U.S. equity securities. Managers must file within 45 days of each calendar quarter end, which is why holdings shown here reflect a snapshot at the period date — not real-time positioning.

Quarter-over-quarter deltas compare each manager's most recently reported share count for SNWV against its prior-quarter count. New positions are entries where the prior count was zero; closed positions are entries where the current count is zero. Amendments (13F-HR/A) replace prior filings for the same period.

Source: SEC EDGAR Form 13F (XML information tables). Dollar values are as reported by the manager and may use mid-quarter pricing conventions. CUSIP-to-ticker resolution is best-effort.