As of November 10, 2026, 4 holders' latest Schedule 13D or 13G filings report owning 5% or more of FONAR Corp. The largest reported stake is Hilary L. Shane's, at 11.6%. 18 filings are on record since July 11, 2025 (Schedule 13G/A, May 11, 2026).
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Key facts
- · Holder: Dimensional Fund Advisors LP · Percent: 0% · SCHEDULE 13G/A
- · Reporting person: Andrew Berger · Sole voting: 0 · Shared voting: 439,318 · Sole dispositive: 0 · Shared dispositive: 439,318 · SCHEDULE 13G, 2026-06-10
- · Holder: Timothy Raymond Damadian · Percent: 0% · Shares: 0 · SCHEDULE 13D/A
- · Holder: Renaissance Technologies LLC · Percent: 0.02% · SCHEDULE 13G/A
- · Holder: Hilary L. Shane · Percent: 11.6% · SCHEDULE 13G/A
FONAR Corp has 18 Schedule 13D or 13G filings on record since 2025-07-11. 4 holders' latest filing reports 5% or more of common stock. Each figure below is the holder's own, as filed, with the filing linked.
Stated intent
Intent stated in Item 4 Timothy Raymond Damadian
The Reporting Persons delivered a letter to the Issuer's Board of Directors on July 7, 2025 (the "Letter") setting forth the terms of their non-binding proposal.From Item 4 of the SCHEDULE 13D filed 2025-07-11
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| 11.6% | 720,065 | SCHEDULE 13G/A, 2026-05-11 | 2026-05-07 | |
| Money Concepts Capital Corp | 7.5% | 462,760 | SCHEDULE 13G/A, 2025-08-18 | 2025-06-30 |
| 7.1% | 439,318 | SCHEDULE 13G, 2026-06-10 | 2026-06-01 | |
| Vanguard Capital Management | 6.04% | 373,440 | SCHEDULE 13G, 2026-04-29 | 2026-03-31 |
| Kayne Anderson Rudnick Investment Management, LLC | 4.1% | 251,350 | SCHEDULE 13G/A, 2026-02-13 | 2025-12-31 |
| Renaissance Technologies LLC | 0.02% | 1,116 | SCHEDULE 13G/A, 2026-05-14 | 2026-03-31 |
| 0% | 0 | SCHEDULE 13D/A, 2026-06-03 | 2026-06-03 | |
| The Vanguard Group | 0% | 0 | SCHEDULE 13G/A, 2026-03-26 | 2026-03-13 |
| Dimensional Fund Advisors LP | 0% | 0 | SCHEDULE 13G/A, 2026-07-14 | 2026-06-30 |
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More on FONAR Corp and the records around it.
Companies that share a holder
- MONEY CONCEPTS CAPITAL CORP also filed stake reports on 2 other companies: FIRST TRUST EXCHANGE-TRADED FUND VIII (Aug 2026), iSHARES TRUST (May 2026)
- Hilary L Shane Revocable Trust also filed stake reports on 3 other companies: Bumble Inc. (Oct 2026), United Homes Group, Inc. (Feb 2026), European Wax Center, Inc. (Feb 2026)
- Renaissance Technologies LLC also filed stake reports on 46 other companies: AMERICAN PUBLIC EDUCATION INC (Aug 2026), Bolt Biotherapeutics, Inc. (Aug 2026), Commercial Vehicle Group, Inc. (Aug 2026)
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Voting and dispositive power, as filed
| Reporting person | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Filing |
|---|---|---|---|---|---|
| Andrew Berger | 0 | 439,318 | 0 | 439,318 | SCHEDULE 13G, 2026-06-10 |
| AB Value Management LLC | 0 | 439,318 | 0 | 439,318 | SCHEDULE 13G, 2026-06-10 |
| AB Value Partners, LP | 0 | 439,318 | 0 | 439,318 | SCHEDULE 13G, 2026-06-10 |
| Fonar, LLC | 0 | 0 | 0 | 0 | SCHEDULE 13D/A, 2026-06-03 |
| FONAR Acquisition Sub, Inc. | 0 | 0 | 0 | 0 | SCHEDULE 13D/A, 2026-06-03 |
| Bill Benham | 0 | 0 | 0 | 0 | SCHEDULE 13D/A, 2026-06-03 |
| Breezy Mgmt., LLC. | 0 | 0 | 0 | 0 | SCHEDULE 13D/A, 2026-06-03 |
| Robert Diamond | 0 | 0 | 0 | 0 | SCHEDULE 13D/A, 2026-06-03 |
| Brianna Damadian | 0 | 0 | 0 | 0 | SCHEDULE 13D/A, 2026-06-03 |
| Carl Erickson | 0 | 0 | 0 | 0 | SCHEDULE 13D/A, 2026-06-03 |
| Carol Naglieri | 0 | 0 | 0 | 0 | SCHEDULE 13D/A, 2026-06-03 |
| Charles Green | 0 | 0 | 0 | 0 | SCHEDULE 13D/A, 2026-06-03 |
| Cindy Hargrave | 0 | 0 | 0 | 0 | SCHEDULE 13D/A, 2026-06-03 |
| Cynthia B. Hrubes | 0 | 0 | 0 | 0 | SCHEDULE 13D/A, 2026-06-03 |
| Daniel Culver | 0 | 0 | 0 | 0 | SCHEDULE 13D/A, 2026-06-03 |
| Dominick Nuzzo | 0 | 0 | 0 | 0 | SCHEDULE 13D/A, 2026-06-03 |
| G5 Associates LLC | 0 | 0 | 0 | 0 | SCHEDULE 13D/A, 2026-06-03 |
| Gaetano Sabatino | 0 | 0 | 0 | 0 | SCHEDULE 13D/A, 2026-06-03 |
| George Krooss | 0 | 0 | 0 | 0 | SCHEDULE 13D/A, 2026-06-03 |
| Gregory Heinemann | 0 | 0 | 0 | 0 | SCHEDULE 13D/A, 2026-06-03 |
| Harold Tice | 0 | 0 | 0 | 0 | SCHEDULE 13D/A, 2026-06-03 |
| Helen Damadian | 0 | 0 | 0 | 0 | SCHEDULE 13D/A, 2026-06-03 |
| Hershowitz Limited Partnership | 0 | 0 | 0 | 0 | SCHEDULE 13D/A, 2026-06-03 |
| HNA Management, LLC | 0 | 0 | 0 | 0 | SCHEDULE 13D/A, 2026-06-03 |
The latest filing identifies FONAR Corp by CUSIP 344437405 and gives its principal executive office as 110 Marcus Drive, Melville (SCHEDULE 13G/A, 2026-07-14).
Source of funds (Item 3)
Item 3 of the Group Schedule 13D is hereby amended and supplemented to incorporate the information set forth in Item 4 of this Amendment No. 3 by reference.Timothy Raymond Damadian, SCHEDULE 13D/A, 2026-06-03
Purpose of Transaction (Item 4)
Timothy Raymond Damadian
Item 4 is hereby amended and supplemented to include the following: Merger Agreement As previously reported, on December 23, 2025, the Issuer, FONAR, LLC, a Delaware limited liability company ("Acquisition LLC"), and FONAR Acquisition Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Acquisition LLC ("Merger Co"), entered into an Agreement and Plan of Merger, dated as of December 23, 2025 (the "Merger Agreement"). T. Damadian is the sole manager of Acquisition LLC. On June 3, 2026 (the "Effective Date"), pursuant to the Merger Agreement, Merger Co merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly owned subsidiary of Acquisition LLC. Merger Consideration At the effective time of the Merger, each outstanding share of Issuer Capital Stock and Issuer Class A Preferred Stock (collectively, "Shares") (other than (A) Shares owned by Acquisition LLC, the Issuer or any of their respective subsidiaries, including the Contributed Shares (as defined below) and securities held as treasury shares (collectively, "Excluded Shares") and (B) Shares held by the Issuer's stockholders who have properly and validly exercised their statutory rights of appraisal in respect of such Shares in accordance with Section 262 of the Delaware General Corporation Law) was converted into the right to receive cash in an amount equal to (i) $19.00 per Share of each of the Issuer's Common Stock and Issuer Class B Common Stock, (ii) $6.34 per …The first part of Item 4 of the SCHEDULE 13D/A filed 2026-06-03; the filing has the rest
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2025-07-11 | Timothy Raymond Damadian intent stated | 1.9% | SCHEDULE 13D |
| 2025-07-17 | Timothy Raymond Damadian | 1.9% | SCHEDULE 13D/A |
| 2025-08-13 | Renaissance Technologies LLC | 5.09% | SCHEDULE 13G |
| 2025-08-13 | Kayne Anderson Rudnick Investment Management, LLC | 8.8% | SCHEDULE 13G/A |
| 2025-08-18 | Money Concepts Capital Corp | 7.5% | SCHEDULE 13G/A |
| 2025-11-13 | Renaissance Technologies LLC | 4.97% | SCHEDULE 13G/A |
| 2026-01-02 | Timothy Raymond Damadian | 1.95% | SCHEDULE 13D/A |
| 2026-01-09 | Hilary L Shane Revocable Trust | 6.66% | SCHEDULE 13G |
| 2026-02-12 | Renaissance Technologies LLC | 5.09% | SCHEDULE 13G |
| 2026-02-13 | Kayne Anderson Rudnick Investment Management, LLC | 4.1% | SCHEDULE 13G/A |
| 2026-03-26 | The Vanguard Group | 0% | SCHEDULE 13G/A |
| 2026-04-09 | Dimensional Fund Advisors LP | 5.1% | SCHEDULE 13G/A |
| 2026-04-29 | Vanguard Capital Management | 6.04% | SCHEDULE 13G |
| 2026-05-11 | Hilary L. Shane | 11.6% | SCHEDULE 13G/A |
| 2026-05-14 | Renaissance Technologies LLC | 0.02% | SCHEDULE 13G/A |
| 2026-06-03 | Timothy Raymond Damadian | 0% | SCHEDULE 13D/A |
| 2026-06-10 | Andrew Berger | 7.1% | SCHEDULE 13G |
| 2026-07-14 | Dimensional Fund Advisors LP | 0% | SCHEDULE 13G/A |
Questions about who owns FONAR Corp
Who owns FONAR Corp?
On this page, 4 holders' latest ownership filings report 5% or more of FONAR Corp: Hilary L. Shane (11.6%, Schedule 13G/A, filed 2026-05-11), Money Concepts Capital Corp (7.5%, Schedule 13G/A, filed 2025-08-18), Andrew Berger (7.1%, Schedule 13G, filed 2026-06-10) and Vanguard Capital Management (6.04%, Schedule 13G, filed 2026-04-29).
Who are the largest shareholders of FONAR Corp?
By the share each holder's latest filing reports, the largest holders of FONAR Corp on this page are Hilary L. Shane (11.6%), Money Concepts Capital Corp (7.5%) and Andrew Berger (7.1%).
When did Hilary L. Shane buy into FONAR Corp?
The filings give report dates, not purchase dates. The earliest filing from Hilary L. Shane on this page is the Schedule 13G/A, filed 2026-05-11, reporting 11.6%. That earliest filing is itself an amendment, which updates an earlier report.
Is this an audit or a full list?
Neither. The ownership list on this page covers only Schedule 13D and 13G filings, which holders make once they own 5% or more of a class of shares (an amendment can report a stake that has since fallen below 5%); 18 such filings are shown here. It is not an audit and not a full cap table: holders who never reached 5% are not listed, and a stake can change after its latest filing.
Also on the record for FONAR Corp
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| June 3, 2026 | Leadership change filing (Form 8-K, Item 5.02) | — | Leadership changes | Source |
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Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.
