Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Avanos Med Inc (AVNS)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -16
Streak
1Q ▼
Buyers last Q
46%

Smart Money Signals — AVNS

Based on 249 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 AVNS 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
249 funds currently hold this stock — 89% of the 3.0-year high of 280 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 7% fewer funds vs a year ago

fund count last 6Q
20 fewer hedge funds hold AVNS compared to a year ago (-7% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 46% buying

100 buying118 selling
Last quarter: 118 funds reduced or exited vs 100 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 (-10 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 41 → 41 → 41 → 31. 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.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 19% medium ■ 20% new
150 out of 249 hedge funds have held AVNS 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 -67%

Value
-67%
Shares
-22%
Last quarter: funds added -22% more shares while total portfolio value only changed -67%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~31 new funds/quarter

59 → 41 → 41 → 41 → 31 new funds/Q
New funds entering each quarter: 41 → 41 → 41 → 31. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 64% veterans vs 26% newcomers

■ 64% veterans ■ 10% 1-2yr ■ 26% new
Entry-cohort mix of 250 holders: 161 (64%) are 2+ year veterans, 24 entered 1–2 years ago, and 65 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 37% AUM from major funds

37% from top-100 AUM funds
43 of 249 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — 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.

Institutional Sentiment Summary — AVNS

In 2026 Q1, 100 hedge funds were net buyers of AVNS (31 opened a new position, 69 added to an existing one), while 118 reduced or exited (71 trimmed, 47 sold completely) — a 46% buyer ratio, indicating roughly balanced activity. 37% of total institutional value in AVNS is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -16 funds (more exits than new entries). Total institutional holders: 249.

Hedge Fund Ownership: AVNS

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

Market Analysis: AVNS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: AVNS

-- --

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

Is It Too Late to Buy Avanos Med Inc (AVNS) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much AVNS 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 · 77d ago
AVNS
+78.2%
XLV
+4.1%

AVNS outperformed XLV by +74.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 32d ago
AVNS
+1.0%
XLV
+5.1%

Since the filing became public, AVNS outperformed XLV by -4.1% .

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.

21 top-rated funds 0 high-conviction
Consensus
5.8
/ 10
breadth
×
Elite
0.6
/ 10
conviction
Hedge Fund Positioning: AVNS
248 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 248 265 -6.42%
13F Shares 45M 57M -22.1%
Total Value $514M $1.58B -67.49%
New Positions 30 41 -11
Increased Positions 70 79 -9
Closed Positions 47 41 +6
Reduced Positions 70 85 -15
Total Calls 1 1 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: AVNS

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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)

248 + investors

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

QUARTER:
Top 25 AVNS holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Boone Capital Management LLC 5.09% 1,184,909 $16.6M
2 Clark Estates Inc/Ny 2.84% 845,000 $11.8M
3 Kestrel Investment Management Corp 1.17% 139,850 $2.0M
4 SummerHaven Investment Management, LLC 0.53% 61,441 $861K
5 Armistice Capital, LLC 0.50% 2,000,000 $28.0M
6 Punch & Associates Investment Management, INC. 0.35% 437,085 $6.1M
7 Trigran Investments, Inc. 0.32% 95,540 $1.3M
8 Williams & Novak, LLC 0.28% 26,348 $371K
9 Diametric Capital, LP 0.13% 35,871 $503K
10 Virtus Advisers, LLC 0.12% 18,830 $264K
11 Bridgeway Capital Management, LLC 0.08% 272,186 $3.8M
12 Royce & Associates LP 0.07% 513,703 $7.2M
13 VestGen Advisors, LLC 0.07% 101,063 $2.5M
14 Martingale Asset Management L P 0.06% 180,360 $2.5M
15 Odyssean, LLC 0.06% 12,116 $170K
16 Inscription Capital, LLC 0.05% 36,990 $518K
17 Brown Advisory Inc 0.05% 2,231,198 $31.3M
18 Diamond Hill Capital Management Inc 0.05% 573,940 $8.0M
19 ExodusPoint Capital Management, LP 0.05% 421,504 $5.9M
20 AlphaQuest LLC 0.03% 50,147 $563K
21 Trexquant Investment LP 0.03% 277,535 $3.9M
22 Moore Capital Management, LP 0.03% 97,960 $1.4M
23 State of Wyoming 0.03% 16,195 $227K
24 XTX Topco Ltd 0.03% 108,992 $1.5M
25 Intech Investment Management LLC 0.02% 123,154 $1.7M
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 — Avanos Med Inc (AVNS)

What does the Smart Money Trend signal show for AVNS?

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

More sellers than buyers — 46% buying: Last quarter: 118 funds reduced or exited vs 100 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 AVNS holders?

Strong quality — 37% AUM from major funds: 43 of 249 holders rank in the top 100 by AUM, accounting for 37% 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 AVNS?

60% of holders stayed for 2+ years: 150 out of 249 hedge funds have held AVNS 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 Avanos Med Inc (AVNS) following the 2026 Q1 hedge fund 13F filings?

As of today, AVNS has moved +1.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.1% for the XLV sector ETF — an outperformance of -4.1%. Since the quarter end (March 31, 2026), AVNS has gained +78.2% vs +4.1% 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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