Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Applied Optoelectronics Inc (AAOI)

476 + Investors. Track Smart Money conviction in AAOI. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +110
Streak
5Q ▲
Buyers last Q
59%

Smart Money Signals — AAOI

Based on 488 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 5 quarters in a row

last 6Q
For 5 consecutive quarters, more hedge funds added AAOI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
488 hedge funds hold AAOI right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +217% more funds vs a year ago

fund count last 6Q
+334 new funds entered over the past year (+217% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 59% buying

329 buying231 selling
Last quarter: 329 funds bought or added vs 231 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-8 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 54 → 64 → 189 → 181. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
📌

Mixed — 25% long-term, 58% new

■ 25% conviction (2yr+) ■ 17% medium ■ 58% new
Of the 488 current holders: 123 (25%) held >2 years, 82 held 1–2 years, and 283 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💰

Value +102% but shares only +30% — price-driven

Value
+102%
Shares
+30%
Last quarter: the total dollar value of institutional holdings rose +102%, but actual share count only changed +30%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
🚀

Acceleration phase — new buyers rushing in

43 → 54 → 64 → 189 → 181 new funds/Q
New funds entering each quarter: 54 → 64 → 189 → 181. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🌱

Early stage — 55% of holders entered in last year

■ 37% veterans ■ 8% 1-2yr ■ 55% new
Of 541 current holders: 298 (55%) entered in the past year, only 201 (37%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
🏆

Elite ownership — 48% AUM from top-100 funds

48% from top-100 AUM funds
57 of 480 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in AAOI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
6.4
out of 10
Moderate Exit Risk
Exit risk score 6.4/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — AAOI

In 2026 Q2, 329 hedge funds were net buyers of AAOI (181 opened a new position, 148 added to an existing one), while 231 reduced or exited (160 trimmed, 71 sold completely) — a 59% buyer ratio, indicating a slight buying edge. This marks 5 consecutive quarters of net institutional buying — a persistent conviction signal. 48% of total institutional value in AAOI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +110 funds (more new holders than closures). Total institutional holders: 488.

Hedge Fund Ownership: AAOI

How many hedge funds hold AAOI — quarterly history vs. share price
Quarterly hedge fund ownership of AAOI vs. share price

Market Analysis: AAOI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: AAOI

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Applied Optoelectronics Inc (AAOI) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much AAOI has moved relative to its sector benchmark (XLK) since the 2026 Q3 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End September 30, 2026 · 37d ago
AAOI
-52.8%
XLK
-17.0%

AAOI outperformed XLK by -35.8% since September 30, 2026.

Since 13F Filing Date November 14, 2026 · -8d ago
AAOI
+0.0%
XLK
+0.0%

Since the filing became public, AAOI outperformed XLK by +0.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

20 top-rated funds 4 high-conviction
Consensus
5.7
/ 10
breadth
×
Elite
3.2
/ 10
conviction
Hedge Fund Positioning: AAOI
2026 Q3 Stats Unlock in 13 days 476 + Investors

Track Smart Money conviction in AAOI. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 476 378 25.93%
13F Shares 70M 64M 10.15%
Total Value $10.35B $5.16B 100.61%
New Positions 179 189 -10
Increased Positions 134 99 +35
Closed Positions 73 31 +42
Reduced Positions 146 80 +66
Total Calls 32 29 10.34%
Total Puts 29 21 38.1%
PUT/CALL Ratio 0.91 0.72 Neutral

Statistics: AAOI

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

476 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in AAOI. Verified SEC 13F-HR filings.

QUARTER:
Top 25 AAOI holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 JAT Capital Mgmt LP 8.28% 26,500 $3.9M
2 Funde Sino Life Insurance Co Ltd 5.81% 120,306 $17.8M
3 Oberweis Asset Management Inc/ 5.48% 1,791,127 $265.4M
4 Tuttle Capital Management, LLC 4.04% 40,488 $6.0M
5 FirstWave Capital Management LLC 3.81% 58,277 $8.6M
6 October Effect Ltd 3.51% 25,191 $3.7M
7 1492 Capital Management LLC 3.34% 76,405 $11.3M
8 Global Trust Asset Management, LLC 3.24% 69,849 $10.3M
9 Shariaportfolio, INC. 2.55% 48,698 $7.2M
10 Creek Drive Management Group LLC 1.80% 25,000 $3.7M
11 Marex Group Ltd 1.78% 2,830,272 $419.3M
12 Shellback Capital, LP 1.70% 131,004 $19.4M
13 Maytree Asset Management Ltd 1.69% 17,598 $2.6M
14 Arete Wealth Advisors, LLC 1.62% 333,252 $49.4M
15 Gallo Partners, LP 1.59% 4,826 $715K
16 Marex Group Ltd 1.57% 2,500,000 $370.4M
17 Hood River Capital Management LLC 1.50% 1,392,510 $206.3M
18 UNICOM Systems, Inc. 1.47% 152,483 $22.6M
19 Kultura Capital Management LP 1.43% 53,345 $7.9M
20 Frontier Capital Management Co LLC 1.35% 975,318 $144.5M
21 Chung Wu Investment Group, LLC 1.25% 12,840 $1.9M
22 Pacific Point Advisors, LLC 1.22% 18,000 $2.7M
23 Oak Grove Capital LLC 1.12% 159,150 $23.6M
24 Bannerstone Capital Management, LLC 1.10% 8,807 $1.3M
25 Zweig-DiMenna Associates LLC 0.97% 71,835 $10.6M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

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Frequently Asked Questions — Applied Optoelectronics Inc (AAOI)

What does the Smart Money Trend signal show for AAOI?

Buying streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds added AAOI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for AAOI?

Slight buying edge — 59% buying: Last quarter: 329 funds bought or added vs 231 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for AAOI holders?

Elite ownership — 48% AUM from top-100 funds: 57 of 480 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in AAOI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held AAOI?

Mixed — 25% long-term, 58% new: Of the 488 current holders: 123 (25%) held >2 years, 82 held 1–2 years, and 283 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Is it too late to buy Applied Optoelectronics Inc (AAOI) following the 2026 Q3 hedge fund 13F filings?

As of today, AAOI has moved +0.0% since the 2026 Q3 13F filing date (November 14, 2026), compared to +0.0% for the XLK sector ETF — an outperformance of +0.0%. Since the quarter end (September 30, 2026), AAOI has gained -52.8% vs -17.0% for XLK. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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