Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Argan Inc (AGX)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +77
Streak
11Q ▲
Buyers last Q
55%

Smart Money Signals — AGX

Based on 563 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q
For 11 consecutive quarters, more hedge funds added AGX 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
563 hedge funds hold AGX 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 — +60% more funds vs a year ago

fund count last 6Q
+212 new funds entered over the past year (+60% 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 — 55% buying

323 buying263 selling
Last quarter: 323 funds bought or added vs 263 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.
📈

More new buyers each quarter (+15 vs last Q)

new funds entering per quarter
Funds opening a new AGX position: 96 → 93 → 135 → 150. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
📌

Mixed — 29% long-term, 43% new

■ 29% conviction (2yr+) ■ 28% medium ■ 43% new
Of the 563 current holders: 162 (29%) held >2 years, 158 held 1–2 years, and 243 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.
💎

Buying through price weakness — shares +104%, value +58%

Value
+57%
Shares
+103%
Last quarter: funds added +104% more shares while total portfolio value only changed +58%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
🚀

Acceleration phase — new buyers rushing in

94 → 96 → 93 → 135 → 150 new funds/Q
New funds entering each quarter: 96 → 93 → 135 → 150. 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.
📊

Mixed cohorts — 35% veterans, 49% new entrants

■ 35% veterans ■ 16% 1-2yr ■ 49% new
Of 585 current holders: 206 (35%) held 2+ years, 93 held 1–2 years, 286 (49%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆

Elite ownership — 58% AUM from top-100 funds

58% from top-100 AUM funds
58 of 558 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in AGX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.8
out of 10
Moderate Exit Risk
Exit risk score 4.8/10 — 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 — AGX

In 2026 Q2, 323 hedge funds were net buyers of AGX (150 opened a new position, 173 added to an existing one), while 263 reduced or exited (190 trimmed, 73 sold completely) — a 55% buyer ratio, indicating a slight buying edge. This marks 11 consecutive quarters of net institutional buying — a persistent conviction signal. 58% of total institutional value in AGX is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +77 funds (more new holders than closures). Total institutional holders: 563.

Hedge Fund Ownership: AGX

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

Market Analysis: AGX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: AGX

-- --

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

Is It Too Late to Buy Argan Inc (AGX) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much AGX has moved relative to its sector benchmark (XLI) since the 2026 Q2 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 June 30, 2026 · 80d ago
AGX
-49.8%
XLI
-8.8%

AGX outperformed XLI by -41.0% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 35d ago
AGX
-30.6%
XLI
-9.4%

Since the filing became public, AGX outperformed XLI by -21.2% .

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.

29 top-rated funds 11 high-conviction
Consensus
6.4
/ 10
breadth
×
Elite
4.3
/ 10
conviction
Hedge Fund Positioning: AGX
554 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 554 486 13.99%
13F Shares 15M 13M 10.23%
Total Value $11.17B $7.09B 57.57%
New Positions 148 135 +13
Increased Positions 169 145 +24
Closed Positions 75 73 +2
Reduced Positions 183 163 +20
Total Calls 12 10 20.0%
Total Puts 15 11 36.36%
PUT/CALL Ratio 1.25 1.1 Bearish

Statistics: AGX

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

554 + investors

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

QUARTER:
Top 25 AGX holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 AltraVue Capital, LLC 5.21% 90,472 $72.2M
2 SurgoCap Partners LP 3.87% 149,983 $119.8M
3 Abacus FCF Advisors LLC 2.72% 18,518 $14.8M
4 Norris Financial Group, LLC 2.53% 7,966 $6.4M
5 Navellier & Associates Inc 2.42% 38,247 $30.5M
6 Ranger Investment Management, L.P. 2.42% 47,889 $38.2M
7 Avala Global LP 2.25% 76,500 $61.1M
8 Elite Wealth Management, Inc. 2.24% 9,473 $7.6M
9 Index Technologies Group LLC 2.22% 3,483 $2.8M
10 Bearing Point Capital, LLC 2.13% 19,760 $15.8M
11 Gunderson Capital Management LLC 2.02% 9,353 $7.5M
12 Eddie Patel Inc 2.00% 4,190 $3.3M
13 Legato Capital Management LLC 1.97% 29,756 $23.8M
14 West Tower Group, LLC 1.91% 850 $679K
15 Lone Pine Capital LLC 1.80% 368,673 $294.4M
16 Emerald Advisers, LLC 1.68% 89,296 $71.3M
17 Quantum Portfolio Management LLC 1.65% 5,756 $4.6M
18 Emerald Mutual Fund Advisers Trust 1.63% 58,115 $46.4M
19 CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 1.63% 45,500 $36.3M
20 Essex Investment Management Co LLC 1.62% 15,467 $12.4M
21 Bannerstone Capital Management, LLC 1.56% 2,331 $1.9M
22 Cvfg LLC 1.39% 16,596 $13.3M
23 Thames Capital Management LLC 1.28% 19,514 $15.6M
24 HWG Holdings LP 1.18% 6,553 $5.2M
25 Covenant Asset Management, LLC 1.18% 8,750 $7.0M
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

Frequently Asked Questions — Argan Inc (AGX)

What does the Smart Money Trend signal show for AGX?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added AGX 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 AGX?

Slight buying edge — 55% buying: Last quarter: 323 funds bought or added vs 263 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 AGX holders?

Elite ownership — 58% AUM from top-100 funds: 58 of 558 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in AGX. 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 AGX?

Mixed — 29% long-term, 43% new: Of the 563 current holders: 162 (29%) held >2 years, 158 held 1–2 years, and 243 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 Argan Inc (AGX) following the 2026 Q2 hedge fund 13F filings?

As of today, AGX has moved -30.6% since the 2026 Q2 13F filing date (August 14, 2026), compared to -9.4% for the XLI sector ETF — an outperformance of -21.2%. Since the quarter end (June 30, 2026), AGX has gained -49.8% vs -8.8% for XLI. 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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