Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Covista Inc (ATGE)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -17
Streak
2Q ▼
Buyers last Q
49%

Smart Money Signals — ATGE

Based on 351 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their ATGE 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 — 89% of 3.0Y peak

89% of all-time peak
351 funds currently hold this stock — 89% of the 3.0-year high of 395 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +5% more funds vs a year ago

fund count last 6Q
+16 new funds entered over the past year (+5% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 49% buying

189 buying193 selling
Last quarter: 193 funds reduced or exited vs 189 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.
⚠️

Fewer new buyers each quarter (-23 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 77 → 71 → 68 → 45. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

53% of holders stayed for 2+ years

■ 53% conviction (2yr+) ■ 26% medium ■ 21% new
186 out of 351 hedge funds have held ATGE 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.
📊

Peak discovery — momentum slowing

69 → 77 → 71 → 68 → 45 new funds/Q
New funds entering each quarter: 77 → 71 → 68 → 45. ATGE is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 60% veterans vs 28% newcomers

■ 60% veterans ■ 13% 1-2yr ■ 28% new
Entry-cohort mix of 356 holders: 212 (60%) are 2+ year veterans, 45 entered 1–2 years ago, and 99 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 45% AUM from top-100 funds

45% from top-100 AUM funds
55 of 350 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in ATGE. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.0
out of 10
Low Exit Risk
Exit risk score 3.0/10 — 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 — ATGE

In 2026 Q1, 189 hedge funds were net buyers of ATGE (45 opened a new position, 144 added to an existing one), while 193 reduced or exited (131 trimmed, 62 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 45% of total institutional value in ATGE is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -17 funds (more exits than new entries). Total institutional holders: 351.

Hedge Fund Ownership: ATGE

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

Market Analysis: ATGE

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ATGE

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

28 top-rated funds 2 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
2.5
/ 10
conviction
Hedge Fund Positioning: ATGE
349 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 349 368 -5.16%
13F Shares 34M 34M 0.52%
Total Value $3.78B $3.49B 8.26%
New Positions 44 68 -24
Increased Positions 143 137 +6
Closed Positions 63 95 -32
Reduced Positions 129 134 -5
Total Calls 4 4 -
Total Puts 2 2 -
PUT/CALL Ratio 0.5 0.5 Bullish

Statistics: ATGE

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Financial Highlights

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Institutional Holders (2026 Q1)

349 + investors

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

QUARTER:
Top 25 ATGE holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Westport Asset Management Inc 6.40% 125,759 $14.5M
2 Farley Capital L.P. 3.48% 37,256 $4.3M
3 First Sabrepoint Capital Management LP 3.35% 80,000 $9.2M
4 Kestrel Investment Management Corp 3.26% 47,300 $5.5M
5 Neumeier Poma Investment Counsel LLC 3.25% 342,087 $39.4M
6 Ariel Investments, LLC 2.49% 1,931,284 $222.6M
7 SG Capital Management LLC 1.51% 197,690 $22.8M
8 Formula Growth Ltd 1.32% 25,304 $2.9M
9 Phocas Financial Corp. 0.97% 53,635 $6.2M
10 Eddie Patel Inc 0.68% 7,730 $891K
11 Leuthold Group, LLC 0.58% 47,562 $5.5M
12 Trail Ridge Investment Advisors, LLC 0.45% 9,060 $1.0M
13 Frontier Capital Management Co LLC 0.45% 381,161 $43.9M
14 Virtus Advisers, LLC 0.39% 7,255 $836K
15 Optimize Financial Inc 0.36% 6,279 $724K
16 Renaissance Group LLC 0.35% 73,322 $8.5M
17 Fieldview Capital Management, LLC 0.22% 6,645 $766K
18 Alyeska Investment Group, L.P. 0.22% 680,171 $78.4M
19 Private Client Services, LLC 0.21% 5,952 $686K
20 LGT Fund Management Co Ltd. 0.20% 40,050 $4.6M
21 Hillsdale Investment Management Inc. 0.18% 58,600 $6.8M
22 Atom Investors LP 0.18% 21,803 $2.5M
23 New Vernon Capital Holdings II LLC 0.18% 2,070 $239K
24 Scientech Research LLC 0.17% 1,752 $202K
25 Ghe, LLC 0.16% 1,290 $392K
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 — Covista Inc (ATGE)

What does the Smart Money Trend signal show for ATGE?

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

More sellers than buyers — 49% buying: Last quarter: 193 funds reduced or exited vs 189 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 ATGE holders?

Elite ownership — 45% AUM from top-100 funds: 55 of 350 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in ATGE. 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 ATGE?

53% of holders stayed for 2+ years: 186 out of 351 hedge funds have held ATGE 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.

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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