Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Bitcoin Depot Inc (BTMWW)

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

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

Smart Money Signals — BTMWW

Based on 29 hedge funds · latest filing: 2026 Q1 · updated quarterly

➡️

No change last quarter

last 6Q
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
📊

High ownership — 78% of 3.0Y peak

78% of all-time peak
29 funds currently hold this stock — 78% of the 3.0-year high of 37 funds (reached 2023 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 6% fewer funds vs a year ago

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

More sellers than buyers — 44% buying

8 buying10 selling
Last quarter: 10 funds reduced or exited vs 8 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.
➡️

Steady new buyers — ~5 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 8 → 2 → 5 → 5. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

55% of holders stayed for 2+ years

■ 55% conviction (2yr+) ■ 21% medium ■ 24% new
16 out of 29 hedge funds have held BTMWW 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 -10%, value -82%

Value
-81%
Shares
-10%
Last quarter: funds added -10% more shares while total portfolio value only changed -82%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~5 new funds/quarter

2 → 8 → 2 → 5 → 5 new funds/Q
New funds entering each quarter: 8 → 2 → 5 → 5. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 62% veterans vs 28% newcomers

■ 62% veterans ■ 10% 1-2yr ■ 28% new
Entry-cohort mix of 29 holders: 18 (62%) are 2+ year veterans, 3 entered 1–2 years ago, and 8 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 4% AUM from top-100

4% from top-100 AUM funds
2 of 28 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
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 — BTMWW

In 2026 Q1, 8 hedge funds were net buyers of BTMWW (5 opened a new position, 3 added to an existing one), while 10 reduced or exited (5 trimmed, 5 sold completely) — a 44% buyer ratio, indicating roughly balanced activity. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 29.

Hedge Fund Ownership: BTMWW

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

Market Analysis: BTMWW

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BTMWW

-- --

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

Is It Too Late to Buy Bitcoin Depot Inc (BTMWW) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BTMWW has moved relative to its sector benchmark (SPY) 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 · 83d ago
BTMWW
+0.0%
SPY
+15.1%

BTMWW outperformed SPY by -15.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 38d ago
BTMWW
+0.0%
SPY
+1.3%

Since the filing became public, BTMWW outperformed SPY by -1.3% .

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.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.0
/ 10
conviction
Hedge Fund Positioning: BTMWW
29 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 29 29 -
13F Shares 17M 19M -10.3%
Total Value $385K $2M -81.75%
New Positions 5 5 -
Increased Positions 3 2 +1
Closed Positions 5 2 +3
Reduced Positions 5 8 -3
Total Calls 1 1 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BTMWW

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

29 + investors

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

QUARTER:
Top 25 BTMWW holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 T3 Companies, LLC 0.00% 141,614 $3K
2 P Schoenfeld Asset Management LP 0.00% 337,375 $7K
3 Meteora Capital, LLC 0.00% 1,765,792 $38K
4 Greenland Capital Management LP 0.00% 500,000 $11K
5 Aristeia Capital, L.L.C. 0.00% 2,169,191 $52K
6 Polar Asset Management Partners Inc. 0.00% 2,136,875 $51K
7 Saba Capital Management, L.P. 0.00% 1,357,795 $32K
8 Galaxy Digital Inc. 0.00% 400,000 $9K
9 Yakira Capital Management, Inc. 0.00% 69,002 $1K
10 Shaolin Capital Management LLC 0.00% 500,000 $11K
11 Blue Owl Capital Holdings LP 0.00% 50,000 $1K
12 Ionic Capital Management LLC 0.00% 165,132 $4K
13 Caption Management, LLC 0.00% 1,590,677 $34K
14 Context Capital Management, LLC 0.00% 354,454 $8K
15 LMR Partners LLP 0.00% 2,501,266 $54K
16 Calamos Advisors LLC 0.00% 1,000,000 $21K
17 Whitebox Advisors LLC 0.00% 213,750 $5K
18 DRW Securities, LLC 0.00% 140,500 $3K
19 Wolverine Asset Management LLC 0.00% 190,618 $4K
20 Hudson Bay Capital Management LP 0.00% 186,527 $4K
21 Clear Street Group Inc. 0.00% 145,314 $3K
22 Weiss Asset Management LP 0.00% 33,211 —
23 D. E. Shaw & Co., Inc. 0.00% 675,425 $14K
24 Gts Securities LLC 0.00% 10,000 —
25 Millennium Management LLC 0.00% 82,500 $2K
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 — Bitcoin Depot Inc (BTMWW)

What does the Smart Money Trend signal show for BTMWW?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for BTMWW?

More sellers than buyers — 44% buying: Last quarter: 10 funds reduced or exited vs 8 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 BTMWW holders?

Smaller funds dominant — 4% AUM from top-100: 2 of 28 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held BTMWW?

55% of holders stayed for 2+ years: 16 out of 29 hedge funds have held BTMWW 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 Bitcoin Depot Inc (BTMWW) following the 2026 Q1 hedge fund 13F filings?

As of today, BTMWW has moved +0.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.3% for the SPY sector ETF — an outperformance of -1.3%. Since the quarter end (March 31, 2026), BTMWW has gained +0.0% vs +15.1% for SPY. 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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