MDLNNasdaqSurgical & Medical Instruments & ApparatusFiscal year ends December 31
Medline Inc.
Financials through Q2 FY2026, quarter ended Jun 27, 2026Last filing: 10-Q on Aug 5, 2026
$35.19−0.77 (-2.14%)
Close on Oct 19, 2026
- Market cap
- $30.29B
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
57.1%
751M of 1.31B shares
Institutional holders
406
170 new, 76 sold out
Net institutional buying
126M
In Q2 2026
Insider trades, 12 months
5 buys · 44 sales
Net sold $13.35B
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| FMR LLC | 46,929,204 | 5.50% | 13G (passive) | Jun 30, 2026 |
| Mozart Holdco, Inc. | 234,308,304 | 22.40% | 13G (passive) | Dec 31, 2025 |
| Blackstone Holdings II L.P. | 215,303,036 | 24.40% | 13G (passive) | Dec 31, 2025 |
| CG Subsidiary Holdings L.L.C. | 215,303,036 | 24.40% | 13G (passive) | Dec 31, 2025 |
| Blackstone Group Management L.L.C. | 187,083,713 | 20.60% | 13G (passive) amendment | Mar 31, 2026 |
| Carlyle Group Inc. | 187,083,713 | 20.60% | 13G (passive) amendment | Mar 31, 2026 |
| Hellman & Friedman Investors X, L.P. | 153,327,675 | 16.00% | 13G (passive) amendment | Jun 30, 2026 |
| Stephen A. Schwarzman | 153,327,675 | 16.50% | 13G (passive) amendment | Jun 30, 2026 |
| GIC Private Limited | 118,796,825 | 14.64% | 13G (passive) | Dec 18, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of MDLN | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Carlyle Group Inc. | 187,083,713 | 14.23% | $7.38B | – | 73.78% |
| H&F Corporate Investors X, Ltd. | 70,874,326 | 5.39% | $2.80B | −15,599,171 | 100.00% |
| FMR LLC | 46,963,203 | 3.57% | $1.85B | +10,407,002 | 0.08% |
| Capital Research Global Investors | 39,963,790 | 3.04% | $1.58B | +16,802,120 | 0.22% |
| Invesco Ltd. | 38,346,937 | 2.92% | $1.51B | +17,383,322 | 0.12% |
| BlackRock, Inc. | 26,393,587 | 2.01% | $1.04B | +9,469,927 | 0.02% |
| Morgan Stanley | 21,605,662 | 1.64% | $852.13M | +5,902,759 | 0.05% |
| Lone Pine Capital LLC | 20,968,367 | 1.59% | $826.99M | +9,179,211 | 5.06% |
| Massachusetts Financial Services Co /Ma/ | 19,888,806 | 1.51% | $787.12M | +8,319,490 | 0.25% |
| Vanguard Capital Management LLC | 17,816,057 | 1.36% | $702.67M | +3,086,376 | 0.02% |
| Vanguard Portfolio Management LLC | 16,781,031 | 1.28% | $661.84M | +2,630,279 | 0.03% |
| Egerton Capital (UK) LLP | 16,470,884 | 1.25% | $649.61M | +12,105,082 | 6.28% |
| Jupiter Topco LLC | 15,858,400 | 1.21% | $625.44M | New | 0.25% |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 11,956,905 | 0.91% | $471.58M | +7,572,176 | 0.36% |
| Baillie Gifford & Co | 11,343,036 | 0.86% | $447.37M | +1,367,261 | 0.41% |
| Norges Bank | 8,475,413 | 0.64% | $334.27M | New | 0.03% |
| State Street Corp | 8,447,035 | 0.64% | $333.15M | +3,624,652 | 0.01% |
| Geode Capital Management, LLC | 7,948,506 | 0.60% | $312.74M | +1,690,234 | 0.02% |
| SurgoCap Partners LP | 7,487,507 | 0.57% | $295.31M | +1,412,342 | 9.55% |
| Wcm Investment Management, LLC | 7,397,650 | 0.56% | $293.02M | +178,919 | 0.53% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 406 | 751M | 57.1% | 170 / 155 | 65 / 76 | 202M | 76M |
| Q1 2026 | 314 | 637M | 48.4% | 153 / 107 | 32 / 40 | 158M | 78M |
| Q4 2025 | 205 | 575M | 43.8% | 205 / 0 | 0 / 0 | 575M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of MDLN | Value | % of fund | As of |
|---|---|---|---|---|---|
| AMCAP Fund | 16,002,681 | 1.22% | $585.06M | 0.60% | May 31, 2026 |
| Fidelity Contrafund | 14,031,409 | 1.07% | $553.40M | 0.31% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 12,406,857 | 0.94% | $489.33M | 0.02% | Jun 30, 2026 |
| Vanguard Mid-Cap Index Fund | 8,466,394 | 0.64% | $333.91M | 0.15% | Jun 30, 2026 |
| Growth Fund of America | 8,456,090 | 0.64% | $309.15M | 0.09% | May 31, 2026 |
| MFS Value Fund | 6,590,752 | 0.50% | $240.96M | 0.47% | May 31, 2026 |
| Janus Henderson Forty Fund | 5,908,950 | 0.45% | $233.05M | 0.98% | Jun 30, 2026 |
| Investment Co of America | 5,210,238 | 0.40% | $205.49M | 0.11% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 4,615,761 | 0.35% | $182.05M | 0.19% | Jun 30, 2026 |
| MFS Growth Fund | 4,163,316 | 0.32% | $152.21M | 0.37% | May 31, 2026 |
| BlackRock Mid-Cap Growth Equity Portfolio | 3,734,925 | 0.28% | $136.55M | 2.43% | May 29, 2026 |
| Vanguard Value Index Fund | 3,715,953 | 0.28% | $146.56M | 0.06% | Jun 30, 2026 |
| Fidelity Puritan Fund | 3,392,059 | 0.26% | $124.01M | 0.37% | May 31, 2026 |
| Capital World Growth & Income Fund | 3,377,348 | 0.26% | $123.48M | 0.08% | May 31, 2026 |
| Janus Henderson Enterprise Fund | 2,957,481 | 0.22% | $116.64M | 0.52% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| James M. Boyle | Chief Executive Officer, Director | 568,558 | 0.04% | Aug 21, 2026 |
| Stephen L. Miller | Chief Operating Officer | 23,899 | 0.00% | Aug 21, 2026 |
| William J. Abrams | See Remarks | 542,881 | 0.04% | Jun 17, 2026 |
| Amanda H. Laabs | Chief Product Officer | 274,969 | 0.02% | Jun 17, 2026 |
| Douglas P. Golwas | Chief Commercial Officer, 10% owner | 427,797 | 0.03% | Jun 17, 2026 |
| Alexander M. Liberman | Chief Legal Officer | 472,131 | 0.04% | Jun 17, 2026 |
| Michael B. Drazin | Chief Financial Officer | 509,927 | 0.04% | Jun 17, 2026 |
| Christopher P. Shryock | Chief Human Resources Officer | 11,031 | 0.00% | Jun 17, 2026 |
| Jessi L. Corcoran | Principal Accounting Officer | 5,000 | 0.00% | Jun 9, 2026 |
| James M. Pigott | President | 1,206,467 | 0.09% | Dec 17, 2025 |
| Thomas W. Sweet | Director | 17,800 | 0.00% | Jun 15, 2026 |
| Todd M. Bluedorn | Director | 15,732 | 0.00% | Jun 15, 2026 |
| Richard A. Galanti | Director | 16,392 | 0.00% | Jun 15, 2026 |
| Patrick J. Healy | Director | 1,599,493 | 0.12% | Jun 1, 2026 |
| Robert R. Schmidt | Director | – | – | Jan 8, 2026 |
| Stephen H. Wise | Director | – | – | Jan 8, 2026 |
| Charles N. Mills | Director | 2,643,315 | 0.20% | Dec 22, 2025 |
| Andrew J. Mills | Director | 2,616,861 | 0.20% | Dec 22, 2025 |
| Anushka M. Sunder | Director | – | – | Dec 17, 2025 |
| Jacob Best | Director | – | – | Dec 17, 2025 |
| Joseph Baratta | Director | – | – | Dec 17, 2025 |
| Special Investments Pte Ltd GIC | 10% owner | 118,796,825 | 9.04% | Aug 17, 2026 |
| Private Ltd GIC | 10% owner | 115,957,929 | 8.82% | Aug 17, 2026 |
| Investment Pte. Ltd. Hux | 10% owner | 114,357,929 | 8.70% | Aug 17, 2026 |
| Mozart Holdco, Inc. | 10% owner | 234,308,304 | 17.82% | Aug 7, 2026 |
| Holdings I/II GP L.L.C. Blackstone | 10% owner | – | – | Jun 1, 2026 |
| Holdings II L.P. Blackstone | 10% owner | – | – | Jun 1, 2026 |
| Inc. Blackstone | 10% owner | – | – | Jun 1, 2026 |
| Group Management L.L.C. Blackstone | 10% owner | 54,639,587 | 4.16% | Jun 1, 2026 |
| Stephen A. Schwarzman | 10% owner | – | – | Jun 1, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Investment Pte. Ltd. Hux 10% owner | Aug 14, 2026 | Sale | −100,000 | $35.80 | $3.58M | 22,802,482 |
| Investment Pte. Ltd. Hux 10% owner | Aug 13, 2026 | Sale | −1,500,000 | $35.80 | $53.70M | 22,902,482 |
| Private Ltd GIC 10% owner | Aug 7, 2026 | Sale | −590,284 | $35.58 | $21.00M | 24,402,482 |
| Mozart Holdco, Inc. 10% owner | Aug 6, 2026 | Conversion | +500,000 | – | – | 787,648 |
| Mozart Holdco, Inc. 10% owner | Aug 6, 2026 | Other | −500,000 | – | – | 233,520,656 |
| Investment Pte. Ltd. Hux 10% owner | Aug 6, 2026 | Sale | −271,994 | $35.33 | $9.61M | 24,992,766 |
| Investment Pte. Ltd. Hux 10% owner | Aug 5, 2026 | Sale | −1,710,907 | $35.46 | $60.67M | 25,530,471 |
| Investment Pte. Ltd. Hux 10% owner | Aug 5, 2026 | Sale | −265,711 | $36.48 | $9.69M | 25,264,760 |
| Douglas P. Golwas Chief Commercial Officer, 10% owner | Jun 16, 2026 | Sale(10b5-1 plan) | −61,966 | $36.60 | $2.27M | 61,933 |
| Douglas P. Golwas Chief Commercial Officer, 10% owner | Jun 16, 2026 | Sale(10b5-1 plan) | −38,034 | $37.05 | $1.41M | 23,899 |
| Douglas P. Golwas Chief Commercial Officer, 10% owner | Jun 16, 2026 | Option exercise | +100,000 | – | – | 123,899 |
| Douglas P. Golwas Chief Commercial Officer, 10% owner | Jun 16, 2026 | Returned to company | −100,000 | – | – | 365,864 |
| Alexander M. Liberman Chief Legal Officer | Jun 15, 2026 | Tax withholding | −872 | $36.61 | $31.92K | 11,031 |
| Stephen L. Miller Chief Operating Officer | Jun 15, 2026 | Tax withholding | −1,889 | $36.61 | $69.16K | 23,899 |
| Christopher P. Shryock Chief Human Resources Officer | Jun 15, 2026 | Tax withholding | −872 | $36.61 | $31.92K | 11,031 |
| Douglas P. Golwas Chief Commercial Officer, 10% owner | Jun 15, 2026 | Tax withholding | −1,889 | $36.61 | $69.16K | 23,899 |
| Amanda H. Laabs Chief Product Officer | Jun 15, 2026 | Tax withholding | −1,889 | $36.61 | $69.16K | 23,899 |
| William J. Abrams See Remarks | Jun 15, 2026 | Tax withholding | −1,308 | $36.61 | $47.89K | 16,546 |
| Michael B. Drazin Chief Financial Officer | Jun 15, 2026 | Tax withholding | −1,889 | $36.61 | $69.16K | 23,899 |
| James M. Boyle Chief Executive Officer, Director | Jun 15, 2026 | Tax withholding | −2,370 | $36.61 | $86.77K | 29,369 |
| Todd M. Bluedorn Director | Jun 11, 2026 | Award | +5,387 | – | – | 15,732 |
| Richard A. Galanti Director | Jun 11, 2026 | Award | +5,387 | – | – | 16,392 |
| Thomas W. Sweet Director | Jun 11, 2026 | Award | +5,387 | – | – | 5,387 |
| Jessi L. Corcoran Principal Accounting Officer | Jun 5, 2026 | Buy | +5,000 | $34.15 | $170.75K | 5,000 |
| Mend Partners II, L.P. 10% owner | May 28, 2026 | Sale | −753,528 | $36.54 | $27.53M | 3,422,699 |
| Mend Partners II, L.P. 10% owner | May 28, 2026 | Sale | −11,904,646 | $36.54 | $435.00M | 62,591,526 |
| Mend Partners II, L.P. 10% owner | May 28, 2026 | Sale | −1,262,726 | $36.54 | $46.14M | 6,519,062 |
| Mend Partners II, L.P. 10% owner | May 28, 2026 | Sale | −17,947,337 | $36.54 | $655.80M | 228,840 |
| Mend Partners II, L.P. 10% owner | May 28, 2026 | Other | −141,364 | – | – | 6,377,698 |
| Mend Partners II, L.P. 10% owner | May 28, 2026 | Other | −1,536,907 | – | – | 61,054,619 |
| Mend Partners II, L.P. 10% owner | May 28, 2026 | Other | −209,530 | – | – | 19,310 |
| Patrick J. Healy Director | May 28, 2026 | Other | +22,344 | – | – | 172,383 |
| Patrick J. Healy Director | May 28, 2026 | Other | +179,762 | – | – | 1,387,921 |
| Mozart ML-2 Holdco GP L.L.C. BX 10% owner | May 28, 2026 | Other | −438,214 | – | – | 1,990,467 |
| Mozart ML-2 Holdco GP L.L.C. BX 10% owner | May 28, 2026 | Sale | −1,489,924 | $36.54 | $54.44M | 1,539 |
| Mozart ML-2 Holdco GP L.L.C. BX 10% owner | May 28, 2026 | Sale | −2,256,800 | $36.54 | $82.46M | 10,250,904 |
| Mozart ML-2 Holdco GP L.L.C. BX 10% owner | May 28, 2026 | Sale | −9,858,774 | $36.54 | $360.24M | 10,185 |
| Mozart ML-2 Holdco GP L.L.C. BX 10% owner | May 28, 2026 | Sale | −19,712,326 | $36.54 | $720.29M | 89,537,913 |
| 8 Holdings Mozart Manager L.L.C. BCP 10% owner | May 28, 2026 | Sale | −1,489,924 | $36.54 | $54.44M | 1,539 |
| 8 Holdings Mozart Manager L.L.C. BCP 10% owner | May 28, 2026 | Other | −438,214 | – | – | 1,990,467 |
| 8 Holdings Mozart Manager L.L.C. BCP 10% owner | May 28, 2026 | Sale | −19,712,326 | $36.54 | $720.29M | 89,537,913 |
| 8 Holdings Mozart Manager L.L.C. BCP 10% owner | May 28, 2026 | Sale | −9,858,774 | $36.54 | $360.24M | 10,185 |
| 8 Holdings Mozart Manager L.L.C. BCP 10% owner | May 28, 2026 | Sale | −2,256,800 | $36.54 | $82.46M | 10,250,904 |
| Aggregator UNLV Holdco L.P. Mozart 10% owner | May 21, 2026 | Other | −9,858,774 | – | – | 44,770,628 |
| Aggregator UNLV Holdco L.P. Mozart 10% owner | May 21, 2026 | Conversion | +9,858,774 | – | – | 9,868,959 |
| Aggregator UNLV Holdco L.P. Mozart 10% owner | May 21, 2026 | Other | −1,489,924 | – | – | 6,766,039 |
| Aggregator UNLV Holdco L.P. Mozart 10% owner | May 21, 2026 | Conversion | +1,489,924 | – | – | 1,491,463 |
| Viii L.L.C. Bma 10% owner | May 21, 2026 | Conversion | +1,489,924 | – | – | 1,491,463 |
| Viii L.L.C. Bma 10% owner | May 21, 2026 | Conversion | +9,858,774 | – | – | 9,868,959 |
| Viii L.L.C. Bma 10% owner | May 21, 2026 | Other | −9,858,774 | – | – | 44,770,628 |
| Viii L.L.C. Bma 10% owner | May 21, 2026 | Other | −1,489,924 | – | – | 6,766,039 |
| Hellman & Friedman Investors X, L.P. 10% owner | May 21, 2026 | Conversion | +18,156,867 | – | – | 18,176,177 |
| Hellman & Friedman Investors X, L.P. 10% owner | May 21, 2026 | Other | −18,156,867 | – | – | 82,453,349 |
| Circle Holdings L.P. CPEP 10% owner | Mar 10, 2026 | Sale | −26,105,840 | $41.00 | $1.07B | 127,567,724 |
| Circle Holdings L.P. CPEP 10% owner | Mar 10, 2026 | Other | −2,113,483 | – | – | 125,454,241 |
| Group Management L.L.C. Blackstone 10% owner | Mar 10, 2026 | Sale | −8,241,723 | $40.51 | $333.87M | 10,185 |
| Group Management L.L.C. Blackstone 10% owner | Mar 10, 2026 | Sale | −16,479,083 | $40.51 | $667.57M | 109,250,239 |
| Group Management L.L.C. Blackstone 10% owner | Mar 10, 2026 | Sale | −1,886,636 | $40.51 | $76.43M | 12,507,704 |
| Group Management L.L.C. Blackstone 10% owner | Mar 10, 2026 | Sale | −1,245,544 | $40.51 | $50.46M | 1,539 |
| Group Management L.L.C. Blackstone 10% owner | Mar 10, 2026 | Other | −366,337 | – | – | 2,428,681 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Golwas Douglas Officer | Jun 16, 2026 | 100,000 | $3.65M | Jun 16, 2026 | Private placement |