Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Commerce.com Inc (BIGC)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -18
Streak
1Q ▼
Buyers last Q
47%

Smart Money Signals — BIGC

Based on 148 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 BIGC 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 — 84% of 3.0Y peak

84% of all-time peak
148 funds currently hold this stock — 84% of the 3.0-year high of 177 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 16% fewer funds vs a year ago

fund count last 6Q
28 fewer hedge funds hold BIGC compared to a year ago (-16% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 47% buying

84 buying93 selling
Last quarter: 93 funds reduced or exited vs 84 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 (-6 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 24 → 26 → 35 → 29. 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+) ■ 24% medium ■ 20% new
83 out of 148 hedge funds have held BIGC 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 -51%

Value
-51%
Shares
+3%
Last quarter: funds added +4% more shares while total portfolio value only changed -51%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

33 → 24 → 26 → 35 → 29 new funds/Q
New funds entering each quarter: 24 → 26 → 35 → 29. A growing number of institutions are discovering BIGC each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 61% of holders stayed 2+ years

■ 61% veterans ■ 16% 1-2yr ■ 23% new
Of 151 current holders: 92 (61%) 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.
✅

Strong quality — 22% AUM from major funds

22% from top-100 AUM funds
39 of 148 holders rank in the top 100 by AUM, accounting for 22% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.8
out of 10
Low Exit Risk
Exit risk score 2.8/10 — 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 — BIGC

In 2026 Q1, 84 hedge funds were net buyers of BIGC (29 opened a new position, 55 added to an existing one), while 93 reduced or exited (46 trimmed, 47 sold completely) — a 47% buyer ratio, indicating roughly balanced activity. 22% of total institutional value in BIGC is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -18 funds (more exits than new entries). Total institutional holders: 148.

Hedge Fund Ownership: BIGC

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

Market Analysis: BIGC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BIGC

-- --

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

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

17 top-rated funds 1 high-conviction
Consensus
5.5
/ 10
breadth
×
Elite
1.8
/ 10
conviction
Hedge Fund Positioning: BIGC
147 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 147 166 -11.45%
13F Shares 60M 57M 3.65%
Total Value $150M $307M -51.11%
New Positions 28 35 -7
Increased Positions 53 63 -10
Closed Positions 47 21 +26
Reduced Positions 45 47 -2
Total Calls 4 5 -20.0%
Total Puts 2 3 -33.33%
PUT/CALL Ratio 0.5 0.6 Bullish

Statistics: BIGC

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Valuation Measures Data as of: --

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

147 + investors

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

QUARTER:
Top 25 BIGC holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 P.A.W. Capital Corp 5.09% 700,000 $1.9M
2 Divisar Capital Management LLC 2.67% 3,926,896 $10.5M
3 Lynrock Lake LP 1.69% 9,266,666 $24.7M
4 S Squared Technology, LLC 1.62% 1,599,142 $4.3M
5 Potrero Capital Research LLC 1.23% 748,662 $2.0M
6 Nano Cap New Millennium Growth Fund L P 0.88% 352,500 $941K
7 Monimus Capital Management, LP 0.86% 1,164,942 $3.1M
8 Notable Capital Management, L.L.C. 0.75% 149,721 $400K
9 Pale Fire Capital SE 0.69% 2,952,094 $7.9M
10 HERALD INVESTMENT MANAGEMENT Ltd 0.26% 700,000 $1.9M
11 Sapience Investments, LLC 0.25% 714 $2K
12 Chico Wealth RIA 0.24% 148,193 $396K
13 Crawford Fund Management, LLC 0.07% 130,000 $347K
14 State of Wyoming 0.05% 143,123 $382K
15 Diametric Capital, LP 0.03% 47,674 $127K
16 Rice Hall James & Associates, LLC 0.03% 219,121 $585K
17 Needham Investment Management LLC 0.03% 190,000 $507K
18 R Squared Ltd 0.02% 16,879 $45K
19 Segall Bryant & Hamill, LLC 0.02% 346,861 $992K
20 Avondale Wealth Management 0.01% 10,000 $27K
21 Commerce Bank 0.01% 1,000,000 $2.7M
22 Jacobs Levy Equity Management, Inc 0.01% 962,583 $2.6M
23 Bridgeway Capital Management, LLC 0.01% 200,000 $534K
24 Connor, Clark & Lunn Investment Management Ltd. 0.01% 1,235,752 $3.3M
25 Prelude Capital Management, LLC 0.01% 33,537 $90K
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 — Commerce.com Inc (BIGC)

What does the Smart Money Trend signal show for BIGC?

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

More sellers than buyers — 47% buying: Last quarter: 93 funds reduced or exited vs 84 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 BIGC holders?

Strong quality — 22% AUM from major funds: 39 of 148 holders rank in the top 100 by AUM, accounting for 22% 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 BIGC?

56% of holders stayed for 2+ years: 83 out of 148 hedge funds have held BIGC 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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