Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Ardmore Shipping Corp (ASC)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +7
Streak
2Q ▲
Buyers last Q
54%

Smart Money Signals — ASC

Based on 187 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added ASC 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.
📊

High ownership — 91% of 3.0Y peak

91% of all-time peak
187 funds currently hold this stock — 91% of the 3.0-year high of 206 funds (reached 2024 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +20% more funds vs a year ago

fund count last 6Q
+31 new funds entered over the past year (+20% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction. The peak was reached in just 4 quarters from the low — a sharp move.
🟡

Slight buying edge — 54% buying

104 buying89 selling
Last quarter: 104 funds bought or added vs 89 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 (+6 vs last Q)

new funds entering per quarter
Funds opening a new ASC position: 39 → 24 → 33 → 39. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 29% medium ■ 17% new
101 out of 187 hedge funds have held ASC 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.
💰

Value +48% but shares only +9% — price-driven

Value
+48%
Shares
+8%
Last quarter: the total dollar value of institutional holdings rose +48%, but actual share count only changed +9%. 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.
📈

Growing discovery — still being found

27 → 39 → 24 → 33 → 39 new funds/Q
New funds entering each quarter: 39 → 24 → 33 → 39. A growing number of institutions are discovering ASC each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 66% veterans vs 21% newcomers

■ 66% veterans ■ 14% 1-2yr ■ 21% new
Entry-cohort mix of 190 holders: 125 (66%) are 2+ year veterans, 26 entered 1–2 years ago, and 39 (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
42 of 187 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.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — 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 — ASC

In 2026 Q1, 104 hedge funds were net buyers of ASC (39 opened a new position, 65 added to an existing one), while 89 reduced or exited (57 trimmed, 32 sold completely) — a 54% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 37% of total institutional value in ASC is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +7 funds (more new holders than closures). Total institutional holders: 187.

Hedge Fund Ownership: ASC

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

Market Analysis: ASC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ASC

-- --

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

Is It Too Late to Buy Ardmore Shipping Corp (ASC) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much ASC has moved relative to its sector benchmark (XLI) since the 2026 Q1 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 March 31, 2026 · 82d ago
ASC
+11.9%
XLI
+11.9%

ASC outperformed XLI by +0.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 37d ago
ASC
-7.7%
XLI
+5.5%

Since the filing became public, ASC outperformed XLI by -13.2% .

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.

20 top-rated funds 2 high-conviction
Consensus
5.7
/ 10
breadth
×
Elite
2.3
/ 10
conviction
Hedge Fund Positioning: ASC
186 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 186 180 3.33%
13F Shares 34M 31M 8.65%
Total Value $486M $328M 48.29%
New Positions 38 33 +5
Increased Positions 64 55 +9
Closed Positions 32 19 +13
Reduced Positions 55 67 -12
Total Calls 3 3 -
Total Puts 0 2 -100.0%
PUT/CALL Ratio 0.0 0.67 Bullish

Statistics: ASC

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Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
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) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

186 + investors

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

QUARTER:
Top 25 ASC holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Ticino Wealth 4.00% 706,367 $11.5M
2 Hartree Partners, LP 1.68% 515,000 $7.9M
3 Flat Footed LLC 1.66% 1,004,696 $15.3M
4 Marnell Management LLC 1.59% 299,357 $4.6M
5 Aristotle Capital Boston, LLC 0.89% 938,662 $14.3M
6 RBF Capital, LLC 0.72% 901,880 $13.8M
7 Private Management Group Inc 0.53% 1,213,813 $18.5M
8 Michels Family Financial, LLC 0.31% 28,438 $434K
9 Oceanic Investment Management LTD 0.30% 23,353 $356K
10 Aegis Financial Corp 0.24% 89,612 $1.4M
11 Fox Run Management, L.L.C. 0.17% 63,231 $948K
12 Numerai GP LLC 0.15% 98,100 $1.5M
13 Dynamic Technology Lab Private Ltd 0.13% 51,801 $790K
14 Glenorchy Capital Ltd 0.12% 133,016 $2.0M
15 R Squared Ltd 0.11% 13,599 $207K
16 SmartHarvest Portfolios, LLC 0.11% 16,702 $255K
17 Bridgeway Capital Management, LLC 0.10% 317,733 $4.8M
18 Quantbot Technologies LP 0.10% 152,561 $2.3M
19 Campbell & CO Investment Adviser LLC 0.08% 88,646 $1.4M
20 CastleKnight Management LP 0.07% 294,376 $4.5M
21 WealthTrust Axiom LLC 0.07% 19,501 $297K
22 Sprott INC. 0.06% 137,300 $2.1M
23 Koss-Olinger Consulting, LLC 0.05% 39,488 $602K
24 Blueshift Asset Management, LLC 0.05% 10,784 $164K
25 Y-Intercept (Hong Kong) Ltd 0.05% 164,436 $2.5M
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 — Ardmore Shipping Corp (ASC)

What does the Smart Money Trend signal show for ASC?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added ASC 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 ASC?

Slight buying edge — 54% buying: Last quarter: 104 funds bought or added vs 89 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 ASC holders?

Strong quality — 37% AUM from major funds: 42 of 187 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 ASC?

54% of holders stayed for 2+ years: 101 out of 187 hedge funds have held ASC 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 Ardmore Shipping Corp (ASC) following the 2026 Q1 hedge fund 13F filings?

As of today, ASC has moved -7.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.5% for the XLI sector ETF — an outperformance of -13.2%. Since the quarter end (March 31, 2026), ASC has gained +11.9% vs +11.9% 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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