Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Alphatec Hldgs Inc (ATEC)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
1Q ▼
Buyers last Q
56%

Smart Money Signals — ATEC

Based on 282 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their ATEC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
282 hedge funds hold ATEC 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 — +23% more funds vs a year ago

fund count last 6Q
+53 new funds entered over the past year (+23% 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 — 56% buying

171 buying134 selling
Last quarter: 171 funds bought or added vs 134 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 (+9 vs last Q)

new funds entering per quarter
Funds opening a new ATEC position: 32 → 60 → 45 → 54. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

51% of holders stayed for 2+ years

■ 51% conviction (2yr+) ■ 24% medium ■ 24% new
144 out of 282 hedge funds have held ATEC 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.
💎

Buying through price weakness — shares -6%, value -51%

Value
-50%
Shares
-5%
Last quarter: funds added -6% more shares while total portfolio value only changed -51%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~54 new funds/quarter

47 → 32 → 60 → 45 → 54 new funds/Q
New funds entering each quarter: 32 → 60 → 45 → 54. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 60% veterans vs 27% newcomers

■ 60% veterans ■ 14% 1-2yr ■ 27% new
Entry-cohort mix of 296 holders: 177 (60%) are 2+ year veterans, 40 entered 1–2 years ago, and 79 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 34% AUM from major funds

34% from top-100 AUM funds
49 of 281 holders rank in the top 100 by AUM, accounting for 34% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — 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 — ATEC

In 2026 Q1, 171 hedge funds were net buyers of ATEC (54 opened a new position, 117 added to an existing one), while 134 reduced or exited (79 trimmed, 55 sold completely) — a 56% buyer ratio, indicating a slight buying edge. 34% of total institutional value in ATEC 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: 282.

Hedge Fund Ownership: ATEC

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

Market Analysis: ATEC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ATEC

-- --

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

Is It Too Late to Buy Alphatec Hldgs Inc (ATEC) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much ATEC has moved relative to its sector benchmark (XLV) 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 · 84d ago
ATEC
-21.4%
XLV
+2.8%

ATEC outperformed XLV by -24.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 39d ago
ATEC
+11.6%
XLV
+3.9%

Since the filing became public, ATEC outperformed XLV by +7.7% .

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.

25 top-rated funds 0 high-conviction
Consensus
6.1
/ 10
breadth
×
Elite
0.8
/ 10
conviction
Hedge Fund Positioning: ATEC
281 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 281 283 -0.71%
13F Shares 122M 129M -5.51%
Total Value $1.33B $2.70B -50.56%
New Positions 53 45 +8
Increased Positions 109 102 +7
Closed Positions 55 33 +22
Reduced Positions 77 96 -19
Total Calls 8 14 -42.86%
Total Puts 7 8 -12.5%
PUT/CALL Ratio 0.88 0.57 Neutral

Statistics: ATEC

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Valuation Measures Data as of: --

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

Financial Highlights

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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

281 + investors

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

QUARTER:
Top 25 ATEC holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Kopp Family Office, LLC 2.46% 328,680 $3.6M
2 Next Century Growth Investors LLC 1.87% 2,370,377 $25.8M
3 Perkins Capital Management Inc 1.75% 171,847 $1.9M
4 Penn Capital Management Company, LLC 1.18% 1,396,942 $15.2M
5 Intrinsic Edge Capital Management LLC 1.17% 649,428 $7.1M
6 Parkman Healthcare Partners LLC 0.92% 823,763 $9.0M
7 Granite Investment Partners, LLC 0.80% 1,195,156 $13.0M
8 Braidwell LP 0.79% 2,172,725 $23.6M
9 Tremblant Capital Group 0.77% 2,192,084 $23.8M
10 Motley Fool Wealth Management, LLC 0.71% 575,828 $6.3M
11 Marathon Capital Management 0.64% 261,595 $2.8M
12 Emerald Advisers, LLC 0.62% 1,807,307 $19.7M
13 Oberweis Asset Management Inc/ 0.61% 1,908,293 $20.8M
14 Emerald Mutual Fund Advisers Trust 0.61% 1,156,826 $12.6M
15 Pier Capital, LLC 0.40% 223,159 $2.4M
16 Motley Fool Asset Management LLC 0.40% 855,514 $9.3M
17 Avid Wealth Partners LLC 0.39% 75,062 $817K
18 PDT Partners, LLC 0.26% 400,892 $4.4M
19 Hood River Capital Management LLC 0.25% 2,300,899 $25.0M
20 HighMark Wealth Management LLC 0.23% 52,900 $576K
21 Rock Springs Capital Management LP 0.22% 350,000 $3.8M
22 Invst, LLC 0.19% 158,570 $1.7M
23 Western Standard LLC 0.13% 22,493 $245K
24 Lighthouse Financial LLC 0.12% 18,970 $206K
25 Bayforest Capital Ltd 0.12% 9,872 $107K
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 — Alphatec Hldgs Inc (ATEC)

What does the Smart Money Trend signal show for ATEC?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their ATEC 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 ATEC?

Slight buying edge — 56% buying: Last quarter: 171 funds bought or added vs 134 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 ATEC holders?

Strong quality — 34% AUM from major funds: 49 of 281 holders rank in the top 100 by AUM, accounting for 34% 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 ATEC?

51% of holders stayed for 2+ years: 144 out of 282 hedge funds have held ATEC 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 Alphatec Hldgs Inc (ATEC) following the 2026 Q1 hedge fund 13F filings?

As of today, ATEC has moved +11.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.9% for the XLV sector ETF — an outperformance of +7.7%. Since the quarter end (March 31, 2026), ATEC has gained -21.4% vs +2.8% for XLV. 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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