Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Atmos Energy Corp (ATO)

1K + Investors. Track Smart Money conviction in ATO. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +28
Streak
11Q ▲
Buyers last Q
55%

Smart Money Signals — ATO

Based on 1042 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q
For 11 consecutive quarters, more hedge funds added ATO 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.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
1,042 hedge funds hold ATO 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 — +22% more funds vs a year ago

fund count last 6Q
+189 new funds entered over the past year (+22% 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 — 55% buying

550 buying457 selling
Last quarter: 550 funds bought or added vs 457 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.
⚠️

Fewer new buyers each quarter (-7 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 126 → 148 → 149 → 142. 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.
🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 20% medium ■ 21% new
616 out of 1,042 hedge funds have held ATO 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 +22%, value -5%

Value
-4%
Shares
+22%
Last quarter: funds added +22% more shares while total portfolio value only changed -5%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~142 new funds/quarter

96 → 126 → 148 → 149 → 142 new funds/Q
New funds entering each quarter: 126 → 148 → 149 → 142. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 62% veterans vs 25% newcomers

■ 62% veterans ■ 12% 1-2yr ■ 25% new
Entry-cohort mix of 1,050 holders: 656 (62%) are 2+ year veterans, 131 entered 1–2 years ago, and 263 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 61% AUM from top-100 funds

61% from top-100 AUM funds
70 of 1042 holders are among the 100 largest funds by AUM, controlling 61% of total institutional value in ATO. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — 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 — ATO

In 2026 Q2, 550 hedge funds were net buyers of ATO (142 opened a new position, 408 added to an existing one), while 457 reduced or exited (343 trimmed, 114 sold completely) — a 55% buyer ratio, indicating a slight buying edge. This marks 11 consecutive quarters of net institutional buying — a persistent conviction signal. 61% of total institutional value in ATO is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +28 funds (more new holders than closures). Total institutional holders: 1042.

Hedge Fund Ownership: ATO

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

Market Analysis: ATO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ATO

-- --

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.

37 top-rated funds 5 high-conviction
Consensus
6.9
/ 10
breadth
×
Elite
4.0
/ 10
conviction
Hedge Fund Positioning: ATO
2026 Q3 Stats Unlock in 48 days 1K + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 1032 1014 1.78%
13F Shares 163M 160M 1.51%
Total Value $26.98B $28.53B -5.43%
New Positions 138 149 -11
Increased Positions 404 401 +3
Closed Positions 120 103 +17
Reduced Positions 336 305 +31
Total Calls 4 6 -33.33%
Total Puts 4 5 -20.0%
PUT/CALL Ratio 1.0 0.83 Neutral

Statistics: ATO

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Financial Highlights

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Institutional Holders (2026 Q2)

1K + investors

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

QUARTER:
Top 25 ATO holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Sfmg, LLC 11.00% 1,060,369 $182.7M
2 Harrison Street Private Wealth LLC 6.42% 26,455 $4.6M
3 Nilsine Partners, LLC 5.78% 485,268 $83.6M
4 Paradiem, LLC 3.06% 82,418 $14.2M
5 Perpetual Ltd 2.79% 1,133,323 $195.2M
6 Partners Group Holding AG 2.71% 230,844 $39.8M
7 Gallo Partners, LP 2.46% 6,432 $1.1M
8 Cbre Investment Management Listed Real Assets LLC 2.40% 999,550 $172.2M
9 Pring Turner Capital Group Inc 2.23% 22,633 $3.9M
10 iSAM Funds (UK) Ltd 2.10% 17,300 $3.0M
11 Aventail Capital Group, LP 2.01% 202,896 $35.0M
12 Dearborn Partners LLC 1.88% 188,269 $34.8M
13 RD Lewis Holdings, Inc. 1.78% 14,314 $2.4M
14 Pensioenfonds Rail & Ov 1.63% 172,797 $24.1M
15 Albert D Mason Inc 1.61% 16,403 $2.8M
16 Kinloch Capital, LLC 1.56% 24,779 $4.3M
17 LRT Capital Management, LLC 1.54% 13,798 $2.4M
18 Ausbil Investment Management Ltd 1.48% 18,860 $3.3M
19 Bcm Advisors, LLC 1.44% 41,319 $7.4M
20 Kentucky Trust Co 1.34% 16,224 $2.8M
21 Sienna Gestion 1.22% 117,688 $20.8M
22 Mattern Capital Management, LLC 1.19% 59,371 $10.2M
23 Cannon Advisors, Inc. 1.18% 10,879 $1.9M
24 Opal Capital LLC 1.18% 38,335 $6.6M
25 Nicholson Wealth Management Group, LLC 1.16% 11,414 $2.0M
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 — Atmos Energy Corp (ATO)

What does the Smart Money Trend signal show for ATO?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added ATO 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 ATO?

Slight buying edge — 55% buying: Last quarter: 550 funds bought or added vs 457 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 ATO holders?

Elite ownership — 61% AUM from top-100 funds: 70 of 1042 holders are among the 100 largest funds by AUM, controlling 61% of total institutional value in ATO. 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 ATO?

59% of holders stayed for 2+ years: 616 out of 1,042 hedge funds have held ATO 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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