Sealsq (LAES): which funds own it
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Sections with a free account
1 concentrated manager holds it (+1 vs last quarter) with a median weight of 0.2%.
Who owns Sealsq?
Holders reporting more than 5% of the shares to the SEC (Schedules 13D/13G): CVI Investments, 9.9% (13G/A filed May 15, 2026) and Susquehanna Securities, 5.4% (13G/A filed May 15, 2026). As of Jun 30, 2026, the largest holders reported on Form 13F were UBS Group (0.7% of the shares), Bank of New York Mellon (0.6%) and HRT Financial (0.6%).
Which institutions hold the most Sealsq shares?
Per Form 13F filings as of Jun 30, 2026, as a share of all shares outstanding:
- 1. UBS Group: 0.7%
- 2. Bank of New York Mellon: 0.6%
- 3. HRT Financial: 0.6%
- 4. Two Sigma Investments: 0.6%
- 5. Kessler Investment Group: 0.5%
- 6. Barclays: 0.3%
- 7. Tudor Investment: 0.3%
- 8. Man Group: 0.2%
- 9. SBI Securities: 0.2%
- 10. XTX Topco: 0.2%
How much of Sealsq do institutions own?
The 109 institutions that file 13F reported 6.4% of the shares as of Jun 30, 2026 (not counting 1 position with implausible figures).
Sources:13G/A by CVI Investments (May 15, 2026) ↗13G/A by Susquehanna Securities (May 15, 2026) ↗All of the company's proxy statements on EDGAR ↗
13F percentages divide the shares each institution reports by the shares outstanding on the cover of the company's latest report before the quarter end (Dec 31, 2025). Entities of the same group file separately and are not added up. We hold 13D and 13G filings made since Dec 23, 2024: a holder above 5% that has not filed since then does not appear here.
Sealsq revenue
Sealsq reported annual revenue of $18.3 million for fiscal year 2025 (year ended December 31, 2025), according to its Form 20-F filed with the SEC (XBRL data).
Quarter flow (concentrated managers)
Change in managers (0 → 1): 1 opened · 0 exited = +1
Net flow in the quarter: +$723K (+230 K shares) · bought $723K and sold $0Shares concentrated managers added minus those they cut, valued at the 13F quarter-end implied price, not each trade's price. It is a different measure from the change in managers: the two can have opposite signs.
Concentrated managers holding it
- WIM Investment ManagementNew$723K0.2%+0.2 pp
Up to 15, sorted by position value. The percentage is the weight in each manager's portfolio.
Largest holders of LAES (all 13F filers)
- UBS Group1.4 MBank or trading desk · 0.71% of the company+428 K
- Bank of New York Mellon1.2 MBank or trading desk · 0.65% of the company+1.1 M
- HRT Financial1.1 MBank or trading desk · 0.59% of the company+420 K
- Two Sigma Investments1.1 MQuant or multi-manager · 0.58% of the company+1.1 M
- Kessler Investment Group975 KType not verified · 0.51% of the company−18 K
- Barclays515 KBank or trading desk · 0.27% of the company+515 K
- Tudor Investment485 KInvestment firm · 0.25% of the company+485 K
- Man Group367 KInvestment firm · 0.19% of the company+367 K
- SBI Securities331 KType not verified · 0.17% of the company+78 K
- XTX Topco323 KType not verified · 0.17% of the company+269 K
- Shares
- 1.4 M
- Change
- +428 K
- % of the company
- 0.71%
See more
- Type
- Bank or trading desk
- Value
- $4.3M
- Shares
- 1.2 M
- Change
- +1.1 M
- % of the company
- 0.65%
See more
- Type
- Bank or trading desk
- Value
- $3.9M
- Shares
- 1.1 M
- Change
- +420 K
- % of the company
- 0.59%
See more
- Type
- Bank or trading desk
- Value
- $3.6M
- Shares
- 1.1 M
- Change
- +1.1 M
- % of the company
- 0.58%
See more
- Type
- Quant or multi-manager
- Value
- $3.5M
- Kessler Investment Group
- Shares
- 975 K
- Change
- −18 K
- % of the company
- 0.51%
See more
- Type
- Type not verified
- Value
- $3.1M
- Shares
- 515 K
- Change
- +515 K
- % of the company
- 0.27%
See more
- Type
- Bank or trading desk
- Value
- $1.6M
- Shares
- 485 K
- Change
- +485 K
- % of the company
- 0.25%
See more
- Type
- Investment firm
- Value
- $1.5M
- Shares
- 367 K
- Change
- +367 K
- % of the company
- 0.19%
See more
- Type
- Investment firm
- Value
- $1.2M
- Shares
- 331 K
- Change
- +78 K
- % of the company
- 0.17%
See more
- Type
- Type not verified
- Value
- $1.0M
- Shares
- 323 K
- Change
- +269 K
- % of the company
- 0.17%
See more
- Type
- Type not verified
- Value
- $1.0M
The 10 13F filers with the most shares as of Jun 30, 2026, whatever their type (index firms usually come first). “Change”: shares added or cut versus the previous quarter, split-adjusted; “no data” = there is no comparable portfolio for the previous quarter (no filing, or a filing with its holdings under confidential treatment). “% of the company” only where shares outstanding are up to date. Entities of the same group file separately and some 13F filings include other managers: there may be double counting. With a free account: the top 25, the largest buyers and the largest sellers.
Held by institutions (13F)
Institutions (13F): 6.4% of the shares · top 10: 4.1% · in index firms: 3.8% of the institutional total
Q2 2026: 6.4%
Shares reported by the 109 13F filers as of Jun 30, 2026 (not counting 1 position with implausible figures), divided by the shares outstanding on the cover of the company's latest report (Dec 31, 2025). It is not all institutional ownership: only managers above $100M file a 13F, and it excludes short positions. Entities of the same group file separately and some 13F filings include other managers: there may be double counting. We only publish it where the figure is credible: not for ADRs, companies with more than one share class or stale shares-outstanding data.
Fundamentals
12-month figures to Dec 31, 2025 · balance sheet as of Dec 31, 2025.
- Operating margin
- —
- Net margin
- —
- ROE
- -7.4%
- Revenue (TTM)
- $18.3M
- Revenue growth
- 66.2%
- Net income (TTM)
- $-34.2M
- Net debt / EBITDA
- —
- Free cash flow (TTM)
- $-32.0M
- Quality vs sector
- —
This company's sector comes from its SIC code, unreviewed, or has too few comparable companies: we do not compare it with its sector.
Figures from the statements the company filed with the SEC (10-K, 10-Q). Free cash flow = operating cash flow − capital expenditures; empty if the company does not report capex. “Quality vs sector”: 0 to 100, the average of its percentiles in ROE, operating margin, free-cash-flow margin, revenue and earnings growth and net debt / EBITDA (at least 3 needed) against companies in its sector above $300M. How each figure is calculated
Shares outstanding: buybacks and dilution
2024: 27.7 M
There is a jump that may be an undetected split: we do not show the changes.
- Buybacks (FY 2024)
- no data
- Share issuance
- $60.0M
- Stock-based compensation
- $148K1.3% of revenue
- Dividends paid
- no data
From the statements the company filed with the SEC (10-K). The change compares average diluted shares of each fiscal year, on today's basis: negative = it bought back more than it issued; positive = dilution. “No data” = the company does not report that item under a tag we can read; it does not mean zero.
Earnings quality and debt
- Operating cash flow ÷ net income (12 months)
- no datanot calculated with negative net income
- Interest coverage (operating income ÷ interest)
- −594 timesnegative operating income
- Debt due within 12 months
- $746K0.00 times cash and investments
- Year 1$689K
- Year 2$405K
- Year 3$360K
- Year 4$204K
- Year 5—
- Later—
From the figures the company filed with the SEC. Cash flow over net income near or above 1 means earnings are collected in cash; far below, that part is accounting. Coverage says how many times operating income pays the latest fiscal year's interest. Maturities come from the debt note of the latest annual report, counted from its closing date. “No data” never means zero.
Insiders (Form 4)
10% owners who bought (6 m): 0
Open-market purchases, excluding 10b5-1 plans. Officers and directors only; joint filers of the same purchase count as one. 10% owners with no role are shown separately. 0 = nobody bought; “no data” = we do not have its Form 4 filings.
Each of the company's Form 4 filings, on EDGAR ↗Latest trades, with date and filing →
Above 5% (13D/13G)
Disclosed stakes, with their amendments. A filing is not always a purchase: there are also reductions and changes of filing entity.
This list may be incomplete: we hold 13D and 13G filings made since Dec 23, 2024. A holder above 5% that has not filed anything since then is not shown here.
- Anson Funds Management4.9%(fell below 5%)13G · amendmentfiling ↗Event: Jun 30, 2026 · filed: Aug 14, 2026
- CVI Investments9.9%13G · amendmentfiling ↗Event: Mar 31, 2026 · filed: May 15, 2026
- Susquehanna Securities5.4%13G · amendmentfiling ↗Event: Mar 31, 2026 · filed: May 15, 2026
Above 5% over time (13D/13G)
Each holder with its filings in order. History since December 2024.
This company filed no 8-K forms in the last year. Foreign companies listed in the US (ADRs) report material events on forms 6-K and 20-F, and ETFs and funds do not file 8-Ks. If it is a foreign company listed in the US through ADRs (American Depositary Receipts), what trades are bank-issued certificates that represent shares from its home market. See its filings on EDGAR ↗
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