$HCAT

$1.57 -$0.06 (3.68%) Close

$HCAT Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 75.3M shares outstanding

Who owns HCAT?

By type of holder

Institutions 68.6% Insiders 23.2% Everyone else 8.2%

Concentration Top 10 holders own 70.5%

First Light Asset Management, LLC 17.0% · CDC Financial, Inc. 9.4%

Institutional ownership

68.6%

-5.6 pts vs last qtr

Institutional holders

123

-8 vs last qtr

Net shares bought

−4.2M

by institutions in Q2 2026

New / sold out

33 / 41

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Palogic Value Management, L.P. +2.0M
Impax Asset Management Group plc +1.3M

Biggest sellers in Q2 2026

Whetstone Capital Advisors, LLC −4.1M
BlackRock, Inc. −3.3M

Who is planning to sell?

Notices of proposed sale, last 12 months

$1.21M

31 notices from 10 people

Shares covered

585.7K

0.78% of the company

Arranged in advance

of the value is under a 10b5-1 plan

Under a 10b5-1 plan No plan

Largest proposed sellers

Benjamin Albert Officer $280K
Daniel Burton Other $255K

Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2020–FY2025

+76.8%

+12.07% a year

Each share's claim on the business

−43.4%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

$15.2M vs $298M

over 6 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years54% 3–5 years7% 1–3 years14% Under 1 year26%

Quarterly turnover

22.6%

of institutional shares changed hands

Top 10 managers, median time held

5 years

Super Investors

Investment managers reporting HCAT on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
FL First Light Asset Management, LLC 13D · 17.5%	12.8M	17.02%	−67.8K (−0.5%)	≤2021	1.6%
Shares held by quarter Peak holding13.4M (Q3'25) Change over 8 quarters+8.5M Share of the company17.020% Disclosed stake13D · 17.5% First Light Asset Management, LLC's full portfolio →
CF CDC Financial, Inc.	7.1M	9.42%	+785.6K (+12.5%)	Q4 '25	5.9%
Shares held by quarter Peak holding7.1M (Q2'26) Change over 8 quarters+7.1M Share of the company9.420% CDC Financial, Inc.'s full portfolio →

First Light Asset Management, LLC

13D · 17.5%

12.8M

% of company

17.02%

Change vs last qtr

−67.8K (−0.5%)

Held since

≤2021

CDC Financial, Inc.

7.1M

% of company

9.42%

Change vs last qtr

+785.6K (+12.5%)

Held since

Q4 '25

28 more super investors behind a free account

See every manager holding Health Catalyst, Inc., how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting HCAT on Form N-PORT; together they hold 19.8% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
IS Impax Small Cap Fund Impax Funds Series Trust I	$7.96M	4.0M	5.32%	0.84%	June 30, 2026
VT Vanguard Total Stock Market Index Fund Vanguard Index Funds	$4.1M	2.1M	2.74%	0.00%	June 30, 2026

Impax Small Cap Fund

Impax Funds Series Trust I

Position value

$7.96M

% of company

5.32%

% of the fund

0.84%

As of

June 30, 2026

Vanguard Total Stock Market Index Fund

Vanguard Index Funds

Position value

$4.1M

% of company

2.74%

% of the fund

0.00%

As of

June 30, 2026

23 more funds behind a free account

See every fund holding Health Catalyst, Inc. and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
PC Palogic Capital Management, LLC 5%+ holder 13D · 7.1%	5.4M	7.14%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company7.140% Disclosed stake13D · 7.1% View the 13D/G filing →
RL Ryan L. Vardeman 5%+ holder 13D · 7.1%	5.4M	7.14%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company7.140% Disclosed stake13D · 7.1% View the 13D/G filing →

Palogic Capital Management, LLC

5%+ holder13D · 7.1%

5.4M

% of company

7.14%

Change vs last qtr

—

Held since

—

Ryan L. Vardeman

5%+ holder13D · 7.1%

5.4M

% of company

7.14%

Change vs last qtr

—

Held since

—

20 more holders behind a free account

See every insider and 5%+ holder of Health Catalyst, Inc..

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