13FPulse
LW

LWLG LIGHTWAVE LOGIC INC

2026Q2 · CUSIP 532275104 · Sector: Other

Piling in

Net holder growth ranks near the top of the market

Funds that own it
170
Institutions that reported holding it to the SEC
Net increase in holders
+36
Last quarter 134 → now 170
How unusual is that
Top 10%
Stronger buying than 92% of US stocks
What the filings say, in one paragraph

170 funds held LWLG at the end of 2026Q2, up 36 from the quarter before. That is stronger buying than 91.8% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $250K(YoY +165.2%), return on equity is -22.6%. LWLG has had 4 buying rushes in its history, and the price moved +9.7% 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 Other 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=1 2013Q4: holders=3 2014Q1: holders=2 2014Q2: holders=2 2014Q3: holders=2 2014Q4: holders=2 2015Q1: holders=2 2015Q2: holders=2 2015Q3: holders=2 2015Q4: holders=2 2016Q1: holders=2 2016Q2: holders=2 2016Q3: holders=2 2016Q4: holders=2 2017Q1: holders=2 2017Q2: holders=3 2017Q3: holders=3 2017Q4: holders=2 2018Q1: holders=2 2018Q2: holders=1 2018Q3: holders=1 2018Q4: holders=1 2019Q1: holders=1 2019Q2: holders=1 2019Q3: holders=1 2019Q4: holders=1 2020Q1: holders=1 2020Q2: holders=1 2020Q3: holders=2 2020Q4: holders=3 2021Q1: holders=3 2021Q2: holders=6 2021Q3: holders=50 2021Q4: holders=69 2022Q1: holders=82 2022Q2: holders=114 2022Q3: holders=107 2022Q4: holders=119 2023Q1: holders=111 2023Q2: holders=113 2023Q3: holders=117 2023Q4: holders=112 2024Q1: holders=115 2024Q2: holders=117 2024Q3: holders=120 2024Q4: holders=124 2025Q1: holders=121 2025Q2: holders=114 2025Q3: holders=103 2025Q4: holders=119 2026Q1: holders=134 2026Q2: holders=170 -44 -22 +0 +22 +44 090179 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
2026Q2 Top 10%
2022Q2 Top 5% -42.5% -24.5%
2022Q1 Top 20% -11.9% +43.9%
2021Q3 Top 5%

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
96
Change in large funds
+30
Total value they hold
$547M
Funds buying for the first time
73
Funds that sold out entirely
37
Price change that quarter
-56.4%
Funds holding puts (bearish)
7
Funds holding calls (bullish)
7

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)
$-0.16
EPS YoY
Revenue (TTM)
$0.0B
Revenue YoY
+165.2%
Net margin
ROE
-22.6%
Debt ratio
3.6%
FCF (TTM)
-$18M
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2021-09-30: EPS -0.04 2021-12-31: EPS -0.08 2022-03-31: EPS -0.03 2022-06-30: EPS -0.03 2022-09-30: EPS -0.04 2022-12-31: EPS -0.05 2023-03-31: EPS -0.05 2023-06-30: EPS -0.05 2023-09-30: EPS -0.04 2023-12-31: EPS -0.04 2024-03-31: EPS -0.05 2024-06-30: EPS -0.05 2024-09-30: EPS -0.04 2024-12-31: EPS -0.05 2025-03-31: EPS -0.04 2025-06-30: EPS -0.04 2025-09-30: EPS -0.04 2025-12-31: EPS -0.04 2026-03-31: EPS -0.04 2026-06-30: EPS -0.04 0 79584 159167 $ -0.09 -0.04 0.00 202020212022202320242025202606/26 Revenue EPS

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

Quarterly free cash flow
-6M-3M0K 20162017201820192020202120222023202420252026
Latest quarter $-5M (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.