13FPulse
AR

ARAY ACCURAY INC

2026Q2 · CUSIP 004397105 · Sector: Healthcare & Biotech

Normal

Fund flows are within the usual range

Funds that own it
110
Institutions that reported holding it to the SEC
Net decrease in holders
14
Last quarter 124 → now 110
How unusual is that
Bottom 20%
Stronger than only 10% of US stocks
What the filings say, in one paragraph

110 funds held ARAY at the end of 2026Q2, down 14 from the quarter before. Fund flows are within the usual range — nothing unusual. On the business itself, revenue over the last 12 months was $402M(YoY -12.3%), return on equity is -118.0%. ARAY has had 4 buying rushes in its history, and the price moved -17.3% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Healthcare & Biotech sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=109 2013Q4: holders=114 2014Q1: holders=130 2014Q2: holders=143 2014Q3: holders=147 2014Q4: holders=128 2015Q1: holders=131 2015Q2: holders=125 2015Q3: holders=123 2015Q4: holders=130 2016Q1: holders=128 2016Q2: holders=131 2016Q3: holders=130 2016Q4: holders=124 2017Q1: holders=124 2017Q2: holders=106 2017Q3: holders=107 2017Q4: holders=114 2018Q1: holders=126 2018Q2: holders=121 2018Q3: holders=124 2018Q4: holders=139 2019Q1: holders=136 2019Q2: holders=125 2019Q3: holders=116 2019Q4: holders=120 2020Q1: holders=113 2020Q2: holders=120 2020Q3: holders=116 2020Q4: holders=125 2021Q1: holders=136 2021Q2: holders=132 2021Q3: holders=133 2021Q4: holders=142 2022Q1: holders=142 2022Q2: holders=122 2022Q3: holders=106 2022Q4: holders=108 2023Q1: holders=114 2023Q2: holders=116 2023Q3: holders=114 2023Q4: holders=127 2024Q1: holders=117 2024Q2: holders=115 2024Q3: holders=126 2024Q4: holders=132 2025Q1: holders=128 2025Q2: holders=126 2025Q3: holders=129 2025Q4: holders=125 2026Q1: holders=124 2026Q2: holders=110 -20 -10 +0 +10 +20 95125155 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 4 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2018Q4 Top 20% -20.7% -42.6%
2018Q1 Top 20% -28.0% -6.3%
2014Q2 Top 20% -10.9% -1.0%
2014Q1 Top 20% -9.3% -19.2%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
62
Change in large funds
-9
Total value they hold
$18M
Funds buying for the first time
27
Funds that sold out entirely
41
Price change that quarter
Funds holding puts (bearish)
0
Funds holding calls (bullish)
1

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
EPS (TTM)
$-0.40
EPS YoY
Revenue (TTM)
$0.4B
Revenue YoY
-12.3%
Net margin
-12.2%
ROE
-118.0%
Debt ratio
90.6%
FCF (TTM)
-$13M
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2021-09-30: EPS -0.01 2021-12-31: EPS 0.00 2022-03-31: EPS -0.01 2022-06-30: EPS -0.04 2022-09-30: EPS -0.06 2022-12-31: EPS -0.02 2023-03-31: EPS 0.01 2023-06-30: EPS -0.03 2023-09-30: EPS -0.03 2023-12-31: EPS -0.10 2024-03-31: EPS -0.06 2024-06-30: EPS 0.03 2024-09-30: EPS -0.04 2024-12-31: EPS 0.02 2025-03-31: EPS -0.01 2025-06-30: EPS 0.01 2025-09-30: EPS -0.18 2025-12-31: EPS -0.11 2026-03-31: EPS -0.09 2026-06-30: EPS -0.02 0M 67M 134M $M -0.20 -0.08 0.03 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

Quarterly free cash flow
-26M3M32M 20162017201820192020202120222023202420252026
Latest quarter $-6M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.