Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Airgain Inc (AIRG)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
5Q ▼
Buyers last Q
42%

Smart Money Signals — AIRG

Based on 33 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 5 quarters in a row

last 6Q
For 5 consecutive quarters, more hedge funds reduced or closed their AIRG positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 72% of 3.0Y peak

72% of all-time peak
33 funds currently hold this stock — 72% of the 3.0-year high of 46 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 18% fewer funds vs a year ago

fund count last 6Q
7 fewer hedge funds hold AIRG compared to a year ago (-18% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 42% buying

11 buying15 selling
Last quarter: 15 funds reduced or exited vs 11 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~6 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 2 → 4 → 2 → 6. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

70% of holders stayed for 2+ years

■ 70% conviction (2yr+) ■ 15% medium ■ 15% new
23 out of 33 hedge funds have held AIRG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Price up while funds trimmed (+30% value, -4% shares)

Value
+30%
Shares
-3%
Last quarter: total value of institutional AIRG holdings rose +30% even though funds reduced share count by 4%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
➡️

Steady discovery — ~6 new funds/quarter

2 → 2 → 4 → 2 → 6 new funds/Q
New funds entering each quarter: 2 → 4 → 2 → 6. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 73% veterans vs 21% newcomers

■ 73% veterans ■ 6% 1-2yr ■ 21% new
Entry-cohort mix of 33 holders: 24 (73%) are 2+ year veterans, 2 entered 1–2 years ago, and 7 (21%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 37% AUM from major funds

37% from top-100 AUM funds
15 of 33 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.4
out of 10
Low Exit Risk
Exit risk score 2.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

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 — AIRG

In 2026 Q1, 11 hedge funds were net buyers of AIRG (6 opened a new position, 5 added to an existing one), while 15 reduced or exited (8 trimmed, 7 sold completely) — a 42% buyer ratio, indicating roughly balanced activity. This extends a 5-quarter selling streak, suggesting sustained institutional caution. 37% of total institutional value in AIRG is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 33.

Hedge Fund Ownership: AIRG

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

Market Analysis: AIRG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: AIRG

-- --

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

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

Signal Freshness measures how much AIRG has moved relative to its sector benchmark (XLK) 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 · 53d ago
AIRG
-14.6%
XLK
-3.7%

AIRG outperformed XLK by -10.9% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 8d ago
AIRG
-2.4%
XLK
-3.4%

Since the filing became public, AIRG outperformed XLK by +1.0% .

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.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
0.3
/ 10
conviction
Hedge Fund Positioning: AIRG
47 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 47 33 42.42%
13F Shares 4M 4M 16.47%
Total Value $26M $20M 26.99%
New Positions 17 6 +11
Increased Positions 13 5 +8
Closed Positions 3 7 -4
Reduced Positions 9 8 +1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: AIRG

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Valuation Measures Data as of: --

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Enterprise Value --
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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
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) --
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Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q2)

47 + investors

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

QUARTER:
Top 25 AIRG holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Nano Cap New Millennium Growth Fund L P 1.08% 222,500 $1.4M
2 Perkins Capital Management Inc 0.10% 22,000 $139K
3 Whitcomb & Hess, Inc. 0.08% 56,706 $357K
4 Marathon Capital Management 0.01% 11,000 $69K
5 Blair William & Co/Il 0.01% 622,756 $3.9M
6 Axq Capital, LP 0.01% 12,583 $79K
7 Occudo Quantitative Strategies LP 0.01% 18,538 $117K
8 RBF Capital, LLC 0.01% 22,700 $143K
9 Keystone Financial Group 0.00% 12,861 $81K
10 First Eagle Investment Management, LLC 0.00% 344,403 $2.2M
11 Bard Associates Inc 0.00% 2,570 $16K
12 Renaissance Technologies LLC 0.00% 412,036 $2.6M
13 Farther Finance Advisors, LLC 0.00% 40,000 $252K
14 Busey Bank 0.00% 10,000 $63K
15 Ameriprise Financial Inc 0.00% 758,818 $4.8M
16 Marshall Wace, LLP 0.00% 149,641 $943K
17 MCF Advisors LLC 0.00% 1,381 $9K
18 Connor, Clark & Lunn Investment Management Ltd. 0.00% 11,777 $74K
19 Vanguard Fiduciary Trust Co 0.00% 72,092 $454K
20 Vanguard Capital Management LLC 0.00% 475,632 $3.0M
21 LPL Financial LLC 0.00% 38,593 $243K
22 Citadel Advisors LLC 0.00% 70,490 $444K
23 Arrowstreet Capital, Limited Partnership 0.00% 15,087 $95K
24 American Century Companies Inc 0.00% 11,256 $71K
25 Bank of Montreal /Can/ 0.00% 14,350 $90K
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 — Airgain Inc (AIRG)

What does the Smart Money Trend signal show for AIRG?

Selling streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds reduced or closed their AIRG positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for AIRG?

More sellers than buyers — 42% buying: Last quarter: 15 funds reduced or exited vs 11 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for AIRG holders?

Strong quality — 37% AUM from major funds: 15 of 33 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held AIRG?

70% of holders stayed for 2+ years: 23 out of 33 hedge funds have held AIRG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Airgain Inc (AIRG) following the 2026 Q2 hedge fund 13F filings?

As of today, AIRG has moved -2.4% since the 2026 Q2 13F filing date (August 14, 2026), compared to -3.4% for the XLK sector ETF — an outperformance of +1.0%. Since the quarter end (June 30, 2026), AIRG has gained -14.6% vs -3.7% 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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