ASSERTIO HOLDINGS INC (ASRT): Hedge Fund Ownership & Smart Money Signals (Q4 2025)

ASSERTIO HOLDINGS INC (ASRT)

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

Smart Money Signals — ASRT

Based on 52 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q

For 2 consecutive quarters, more hedge funds reduced or closed their ASRT positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

🔻

Below peak — only 37% of 3.0Y high

37% of all-time peak

Only 52 funds hold ASRT today versus a peak of 140 funds at 2023 Q3 — just 37% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.

📉

Outflows — 37% fewer funds vs a year ago

fund count last 6Q

31 fewer hedge funds hold ASRT compared to a year ago (-37% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.

🔴

Heavy selling pressure — only 13% buying

10 buying69 selling

Last quarter: 69 funds sold vs only 10 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

➡️

Steady new buyers — ~8 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 3 → 8 → 7 → 8. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 23% medium ■ 13% new

33 out of 52 hedge funds have held ASRT 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 (-18% value, -92% shares)

Value

-17%

-92%

Last quarter: total value of institutional ASRT holdings rose -18% even though funds reduced share count by 92%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.

➡️

Steady discovery — ~8 new funds/quarter

16 → 3 → 8 → 7 → 8 new funds/Q

New funds entering each quarter: 3 → 8 → 7 → 8. Consistent flow of new institutional buyers without clear acceleration or slowdown.

🏛️

Deep conviction — 68% of holders stayed 2+ years

■ 68% veterans ■ 13% 1-2yr ■ 19% new

Of 53 current holders: 36 (68%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.

✅

Strong quality — 22% AUM from major funds

22% from top-100 AUM funds

13 of 52 holders rank in the top 100 by AUM, accounting for 22% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

2.2

out of 10

Low Exit Risk

Exit risk score 2.2/10 — 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.

Metric	All 13F Filers (2025 Q4)	Prior (2025 Q3)	Change
Funds Holding	53	73	-27.4%
13F Shares	2M	26M	-92.02%
Total Value	$19M	$23M	-17.94%
New Positions	8	7	+1
Increased Positions	2	28	-26
Closed Positions	25	8	+17
Reduced Positions	49	24	+25
Total Calls	2	3	-33.33%
Total Puts	0	2	-100.0%
PUT/CALL Ratio	0.0	0.67	Bullish

Metric

All 13F Filers (2025 Q4)

Prior (2025 Q3)

Change

Funds Holding

-27.4%

13F Shares

26M

-92.02%

Total Value

$19M

$23M

-17.94%

New Positions

Increased Positions

-26

Closed Positions

+17

Reduced Positions

+25

Total Calls

-33.33%

Total Puts

-100.0%

PUT/CALL Ratio

0.0

0.67

Bullish

Institutional Holders (2026 Q1)

53 + investors

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

FILTER:All New Added To Reduced No Change | Overweight >5% | SHOW: Active managers + show index funds

Top 11 institutional holders of ASRT — 2025 Q4 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Huntleigh Advisors, Inc.	0.17%	52,603	$1.0M
2	TSP Capital Management Group, LLC	0.12%	25,056	$478K
3	THURSTON, SPRINGER, MILLER, HERD & TITAK, INC.	0.04%	4,499	$86K
4	Darwin Wealth Management, LLC	0.00%	46	—
5	Strategic Investment Solutions, Inc. /IL	0.00%	50	—
6	Activest Wealth Management	0.00%	50	—
7	Key FInancial Inc	0.00%	29	—
8	Financial Management Professionals, Inc.	0.00%	45	—
9	SBI Securities Co., Ltd.	0.00%	10	—
10	Inspire Investing, LLC	0.00%	3	—
11	IFP Advisors, Inc	0.00%	5	—

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 — ASSERTIO HOLDINGS INC (ASRT)

What does the Smart Money Trend signal show for ASRT?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their ASRT 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 ASRT?

Heavy selling pressure — only 13% buying: Last quarter: 69 funds sold vs only 10 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for ASRT holders?

Strong quality — 22% AUM from major funds: 13 of 52 holders rank in the top 100 by AUM, accounting for 22% 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 ASRT?

63% of holders stayed for 2+ years: 33 out of 52 hedge funds have held ASRT 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.

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.

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ASSERTIO HOLDINGS INC (ASRT)

Smart Money Signals — ASRT

Selling streak — 2 quarters in a row

Below peak — only 37% of 3.0Y high

Outflows — 37% fewer funds vs a year ago

Heavy selling pressure — only 13% buying

Steady new buyers — ~8 new funds per quarter

63% of holders stayed for 2+ years

Price up while funds trimmed (-18% value, -92% shares)

Steady discovery — ~8 new funds/quarter

Deep conviction — 68% of holders stayed 2+ years

Strong quality — 22% AUM from major funds

Hedge Fund Ownership: ASRT

Market Analysis: ASRT

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: ASRT

Hedge Fund Positioning: ASRT

Statistics: ASRT

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — ASSERTIO HOLDINGS INC (ASRT)

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