Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

ATMOS ENERGY CORP (ATO)

914 + 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
↑ +68
Streak
2Q ▲
Buyers last Q
58%

Smart Money Signals — ATO

Based on 902 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 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
902 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.
📶

Steady growth — +19% more funds vs a year ago

fund count last 6Q
+143 new funds entered over the past year (+19% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 58% buying

476 buying350 selling
Last quarter: 476 funds bought or added vs 350 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 (+20 vs last Q)

new funds entering per quarter
Funds opening a new ATO position: 113 → 86 → 115 → 135. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 22% medium ■ 18% new
546 out of 902 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.
📈

Growing discovery — still being found

106 → 113 → 86 → 115 → 135 new funds/Q
New funds entering each quarter: 113 → 86 → 115 → 135. A growing number of institutions are discovering ATO each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 63% of holders stayed 2+ years

■ 63% veterans ■ 13% 1-2yr ■ 24% new
Of 914 current holders: 577 (63%) 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.
🏆

Elite ownership — 62% AUM from top-100 funds

62% from top-100 AUM funds
46 of 902 holders are among the 100 largest funds by AUM, controlling 62% 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.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — 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.

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.

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

94 top-rated funds 5 high-conviction
Consensus
8.6
/ 10
breadth
×
Elite
3.5
/ 10
conviction
Hedge Fund Positioning: ATO
2026 Q1 Stats Unlock in 12 days 914 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 914 846 8.04%
13F Shares 160M 157M 2.11%
Total Value $25.64B $25.41B 0.9%
New Positions 135 117 +18
Increased Positions 354 347 +7
Closed Positions 69 81 -12
Reduced Positions 306 260 +46
Total Calls 6 7 -14.29%
Total Puts 6 8 -25.0%
PUT/CALL Ratio 1.0 1.14 Neutral

Statistics: ATO

View More

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)

914 + investors

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

Top 25 institutional holders of ATO — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Nilsine Partners, LLC 7.13% 491,331 $91.2M
2 Paradiem, LLC 3.54% 87,119 $16.1M
3 Perpetual Ltd 3.51% 1,240,469 $229.1M
4 RD Lewis Holdings, Inc. 2.23% 13,374 $2.6M
5 Ausbil Investment Management Ltd 1.99% 21,517 $4.0M
6 Kentucky Trust Co 1.59% 16,374 $3.0M
7 Board of the Pension Protection Fund 1.58% 9,300 $1.7M
8 BCM ADVISORS, LLC 1.53% 41,319 $7.8M
9 ALBERT D MASON INC 1.50% 12,504 $2.3M
10 MATTERN CAPITAL MANAGEMENT, LLC 1.32% 59,706 $11.0M
11 Nicholson Wealth Management Group, LLC 1.26% 11,686 $2.2M
12 Brendel Financial Advisors LLC 1.25% 13,644 $2.5M
13 TrueMark Investments, LLC 1.20% 33,378 $6.2M
14 DUFF & PHELPS INVESTMENT MANAGEMENT CO 1.17% 607,945 $112.3M
15 Munich Reinsurance Co Stock Corp in Munich 1.14% 251,761 $46.5M
16 HENNESSY ADVISORS INC 0.96% 143,286 $26.5M
17 AMARILLO NATIONAL BANK 0.93% 28,641 $5.3M
18 Town & Country Bank & Trust CO dba First Bankers Trust CO 0.84% 13,389 $2.5M
19 AGP FRANKLIN, LLC 0.77% 8,367 $1.5M
20 Targeted Financial Services LLC 0.76% 5,021 $927K
21 Vest Financial, LLC 0.68% 307,562 $56.8M
22 PATTON FUND MANAGEMENT, INC. 0.67% 21,252 $3.9M
23 Castellan Group 0.65% 25,625 $4.7M
24 Legacy Financial Strategies, LLC 0.65% 19,467 $3.6M
25 Arbejdsmarkedets Tillaegspension 0.64% 139,542 $25.8M
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 — 2 quarters in a row: For 2 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 — 58% buying: Last quarter: 476 funds bought or added vs 350 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 — 62% AUM from top-100 funds: 46 of 902 holders are among the 100 largest funds by AUM, controlling 62% 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?

61% of holders stayed for 2+ years: 546 out of 902 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.