Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Armstrong World Inds Inc New (AWI)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -46
Streak
1Q ▼
Buyers last Q
44%

Smart Money Signals — AWI

Based on 469 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 AWI 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 — 91% of 3.0Y peak

91% of all-time peak
469 funds currently hold this stock — 91% of the 3.0-year high of 515 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

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

fund count last 6Q
+76 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.
🟠

More sellers than buyers — 44% buying

230 buying291 selling
Last quarter: 291 funds reduced or exited vs 230 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: 58 → 115 → 86 → 63. 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.
🔒

56% of holders stayed for 2+ years

■ 56% conviction (2yr+) ■ 23% medium ■ 21% new
261 out of 469 hedge funds have held AWI 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 -4%, value -20%

Value
-19%
Shares
-3%
Last quarter: funds added -4% more shares while total portfolio value only changed -20%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~63 new funds/quarter

68 → 58 → 115 → 86 → 63 new funds/Q
New funds entering each quarter: 58 → 115 → 86 → 63. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 62% veterans vs 27% newcomers

■ 62% veterans ■ 11% 1-2yr ■ 27% new
Entry-cohort mix of 473 holders: 293 (62%) are 2+ year veterans, 50 entered 1–2 years ago, and 130 (27%) 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
53 of 468 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.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — 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 — AWI

In 2026 Q1, 230 hedge funds were net buyers of AWI (63 opened a new position, 167 added to an existing one), while 291 reduced or exited (182 trimmed, 109 sold completely) — a 44% buyer ratio, indicating roughly balanced activity. 37% of total institutional value in AWI is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -46 funds (more exits than new entries). Total institutional holders: 469.

Hedge Fund Ownership: AWI

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

Market Analysis: AWI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: AWI

-- --

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

Is It Too Late to Buy Armstrong World Inds Inc New (AWI) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much AWI has moved relative to its sector benchmark (XLI) 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 · 87d ago
AWI
-2.0%
XLI
+11.8%

AWI outperformed XLI by -13.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 42d ago
AWI
+4.1%
XLI
+5.5%

Since the filing became public, AWI outperformed XLI by -1.4% .

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.

31 top-rated funds 1 high-conviction
Consensus
6.5
/ 10
breadth
×
Elite
1.6
/ 10
conviction
Hedge Fund Positioning: AWI
467 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 467 515 -9.32%
13F Shares 43M 45M -3.74%
Total Value $6.80B $8.49B -19.94%
New Positions 62 86 -24
Increased Positions 165 180 -15
Closed Positions 110 62 +48
Reduced Positions 180 192 -12
Total Calls 3 3 -
Total Puts 2 3 -33.33%
PUT/CALL Ratio 0.67 1.0 Bullish

Statistics: AWI

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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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)

467 + investors

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

QUARTER:
Top 25 AWI holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Southernsun Asset Management, LLC 4.02% 168,278 $27.7M
2 Timucuan Asset Management Inc/Fl 3.42% 563,451 $92.9M
3 Harvey Partners, LLC 2.57% 196,000 $32.3M
4 Taylor Hoffman Capital Management LLC 2.28% 44,844 $7.4M
5 Gates Capital Management, Inc. 2.24% 498,268 $82.1M
6 London Co of Virginia 1.75% 1,723,367 $284.0M
7 Global Alpha Capital Management Ltd. 1.73% 174,245 $28.7M
8 Yacktman Asset Management LP 1.63% 741,937 $122.3M
9 Rice Hall James & Associates, LLC 1.62% 176,857 $29.1M
10 SG Capital Management LLC 1.56% 142,890 $23.5M
11 Icon Advisers Inc/Co 1.25% 32,900 $5.4M
12 Salvus Wealth Management, LLC 1.10% 11,487 $1.9M
13 Junto Capital Management LP 0.87% 250,438 $41.3M
14 Egerton Capital (UK) LLP 0.82% 448,036 $73.8M
15 Strata Wealth Advisors, LLC 0.70% 15,550 $2.6M
16 Arbejdsmarkedets Tillaegspension 0.63% 152,999 $25.2M
17 Aurora Investment Counsel 0.61% 6,692 $1.1M
18 Harvest Investment Services, LLC 0.60% 19,965 $3.3M
19 Fieldview Capital Management, LLC 0.60% 12,393 $2.0M
20 Fuller & Thaler Asset Management, INC. 0.58% 1,041,354 $171.6M
21 River Road Asset Management, LLC 0.52% 278,656 $45.9M
22 Bridge City Capital, LLC 0.48% 10,585 $1.7M
23 Kayne Anderson Rudnick Investment Management LLC 0.48% 984,320 $162.2M
24 Schwartz Investment Counsel Inc 0.46% 78,000 $12.9M
25 Cooke & Bieler LP 0.42% 226,540 $37.3M
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 — Armstrong World Inds Inc New (AWI)

What does the Smart Money Trend signal show for AWI?

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

More sellers than buyers — 44% buying: Last quarter: 291 funds reduced or exited vs 230 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 AWI holders?

Strong quality — 37% AUM from major funds: 53 of 468 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 AWI?

56% of holders stayed for 2+ years: 261 out of 469 hedge funds have held AWI 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 Armstrong World Inds Inc New (AWI) following the 2026 Q1 hedge fund 13F filings?

As of today, AWI has moved +4.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.5% for the XLI sector ETF — an outperformance of -1.4%. Since the quarter end (March 31, 2026), AWI has gained -2.0% vs +11.8% for XLI. 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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