Spectral AI, Inc. (MDAI) Ownership

NASDAQ: MDAITop holders, insider trades and short interest.

MDAI ownership summary

as of October 17, 2026
Institutions
19.6%
of shares outstanding
Insiders
13.42%
of shares outstanding
Shares outstanding
32.2M
Float
27.9M
shares available to trade
Short interest
8.19%
2.3M shares short
Days to cover
20.29
short interest up 6.8% vs prior month
  • Institutions 19.60%
  • Insiders 13.42%
  • Other investors 66.98%

MDAI top institutional holders

20 largest
Spectral AI, Inc. top institutional holders
#Holder% of sharesSharesValueChangeReported
1Vanguard Capital Management, LLC3.09%994K$1.5M+268,120 (+36.9%)June 30, 2026
2Highlander Partners, L.P.2.80%900K$1.4M—June 30, 2026
3Marshall Wace Asset Management Ltd2.57%827K$1.2M+827,454 (0.0%)June 30, 2026
4Bridgeway Capital Management, LLC0.89%287K$433,370+88,000 (+44.2%)June 30, 2026
5Jane Street Group LLC0.70%226K$341,742+5,318 (+2.4%)June 30, 2026
6UBS Group AG0.70%226K$340,993+112,803 (+99.8%)June 30, 2026
7Geode Capital Management, LLC0.69%223K$336,118−78,612 (−26.1%)June 30, 2026
8BlackRock Inc0.50%162K$244,283+39,523 (+32.3%)June 30, 2026
9LPL Financial Corp0.50%161K$242,659+160,701 (0.0%)June 30, 2026
10Vanguard Fiduciary Trust Co0.44%143K$215,423+868 (+0.6%)June 30, 2026
11University Of Texas Investment Mgmt Co0.38%122K$183,784−88,777 (−42.2%)June 30, 2026
12Rathbone Brothers PLC0.27%87K$131,438−87,045 (−50.0%)June 30, 2026
13State Street Corp0.23%76K$114,156—June 30, 2026
14Forum Financial Management, LP0.19%61K$91,357—June 30, 2026
15Northern Trust Corp0.16%51K$76,326+18,449 (+57.5%)June 30, 2026
16Virtu Financial LLC0.13%41K$61,878+40,979 (0.0%)June 30, 2026
17XTX Topco Ltd0.10%33K$49,720+5,839 (+21.6%)June 30, 2026
18JPMorgan Chase & Co0.06%20K$30,591+20,259 (0.0%)June 30, 2026
19N.E.W. Advisory Services LLC0.06%20K$30,215+6,010 (+42.9%)June 30, 2026
20Royal Bank of Canada0.05%15K$23,333+15,452 (0.0%)June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 14 holders added 1.6M shares and 3 cut 254K.

MDAI top mutual fund and ETF holders

8 largest
Spectral AI, Inc. top fund holders
#Holder% of sharesSharesValueChangeReported
1Vanguard MStar Total Stk Mkt Idx Invest2.28%733K$1.1M—August 31, 2026
2Bridgeway Ultra-Small Company0.89%287K$433,370+88,000 (+44.2%)June 30, 2026
3Fidelity Extended Market Index0.38%123K$185,402+7,145 (+6.2%)August 31, 2026
4iShares Micro-Cap ETF0.27%88K$132,477−605 (−0.7%)September 30, 2026
5Fidelity Series Total Market Index0.09%30K$45,822—August 31, 2026
6Fidelity Total Market Index0.09%29K$43,363—August 31, 2026
7Vanguard Balanced Index Inv0.03%8,967$13,540−4,769 (−34.7%)August 31, 2026
81290 VT Micro Cap K0.02%6,203$9,367—August 31, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

MDAI insider transactions

latest 2
Spectral AI, Inc. insider transactions
DateNameTransactionPriceSharesValue
2024-05-10John Michael DimaioBuy$1.726,000$10,320
2023-11-20John Michael DimaioBuy$2.672,000$5,340

Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.

MDAI shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns MDAI

Institutional investors own 19.6% of Spectral AI's shares and insiders 13.42%. The largest holder is Vanguard Capital Management, LLC with 3.09% of the shares (994K), as of June 30, 2026. Among the top 20 institutions, 14 added shares and 3 reduced their stake in the latest filings. Short interest is 8.19% of the float, or 20.29 days of average trading volume. The share count rose 406.6% since 2020.

Related: MDAI analyst forecast, MDAI key metrics. See the MDAI stock overview for the latest quote and news.

MDAI ownership FAQ

Who owns the most Spectral AI stock?

The largest shareholders of Spectral AI are Vanguard Capital Management, LLC (3.09%), Highlander Partners, L.P. (2.80%), Marshall Wace Asset Management Ltd (2.57%), Bridgeway Capital Management, LLC (0.89%), Jane Street Group LLC (0.70%).

What percentage of Spectral AI is owned by institutions?

Institutions hold 19.6% of Spectral AI's shares outstanding; insiders hold 13.42%.

Which funds own Spectral AI?

The largest fund holders of Spectral AI are Vanguard MStar Total Stk Mkt Idx Invest (2.28%), Bridgeway Ultra-Small Company (0.89%), Fidelity Extended Market Index (0.38%), iShares Micro-Cap ETF (0.27%), Fidelity Series Total Market Index (0.09%).

What is Spectral AI's short interest?

2.3M shares of Spectral AI were sold short, 8.19% of the float; at the average daily volume it would take 20.29 days to cover.

Are insiders buying or selling Spectral AI?

Of the latest 2 reported insider transactions in Spectral AI (since November 20, 2023), 2 were purchases and 0 were sales.

How many shares of Spectral AI are outstanding?

Spectral AI has 32.2M shares outstanding, of which 27.9M are in the public float.

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