Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Babcock & Wilcox Enterprises (BW)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +47
Streak
4Q ▲
Buyers last Q
65%

Smart Money Signals — BW

Based on 202 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added BW 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
202 hedge funds hold BW 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.
🚀

Fast accumulation — +185% more funds vs a year ago

fund count last 6Q
+131 new funds entered over the past year (+185% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks. The peak was reached in just 4 quarters from the low — a sharp move.
🟢

More buyers than sellers — 65% buying

152 buying82 selling
Last quarter: 152 funds were net buyers (88 opened a brand new position + 64 added to an existing one). Only 82 were sellers (41 trimmed + 41 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+32 vs last Q)

new funds entering per quarter
Funds opening a new BW position: 30 → 56 → 56 → 88. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

47% of holders stayed for 2+ years

■ 47% conviction (2yr+) ■ 19% medium ■ 35% new
94 out of 202 hedge funds have held BW 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.
🚀

Acceleration phase — new buyers rushing in

6 → 30 → 56 → 56 → 88 new funds/Q
New funds entering each quarter: 30 → 56 → 56 → 88. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 62% veterans vs 34% newcomers

■ 62% veterans ■ 4% 1-2yr ■ 34% new
Entry-cohort mix of 211 holders: 131 (62%) are 2+ year veterans, 9 entered 1–2 years ago, and 71 (34%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 40% AUM from top-100 funds

40% from top-100 AUM funds
49 of 200 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in BW. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
5.5
out of 10
Moderate Exit Risk
Exit risk score 5.5/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 — BW

In 2026 Q2, 152 hedge funds were net buyers of BW (88 opened a new position, 64 added to an existing one), while 82 reduced or exited (41 trimmed, 41 sold completely) — a 65% buyer ratio, indicating clear institutional accumulation. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 40% of total institutional value in BW is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +47 funds (more new holders than closures). Total institutional holders: 202.

Hedge Fund Ownership: BW

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

Market Analysis: BW

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BW

-- --

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

Is It Too Late to Buy Babcock & Wilcox Enterprises (BW) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BW has moved relative to its sector benchmark (XLI) since the 2026 Q2 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 June 30, 2026 · 84d ago
BW
-47.9%
XLI
-8.0%

BW outperformed XLI by -39.9% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 39d ago
BW
-28.7%
XLI
-8.6%

Since the filing became public, BW outperformed XLI by -20.1% .

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.

11 top-rated funds 1 high-conviction
Consensus
4.7
/ 10
breadth
×
Elite
2.0
/ 10
conviction
Hedge Fund Positioning: BW
198 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 198 155 27.74%
13F Shares 134M 111M 21.04%
Total Value $1.80B $1.56B 15.29%
New Positions 86 56 +30
Increased Positions 61 55 +6
Closed Positions 41 30 +11
Reduced Positions 40 29 +11
Total Calls 7 9 -22.22%
Total Puts 4 4 -
PUT/CALL Ratio 0.57 0.44 Bullish

Statistics: BW

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Valuation Measures Data as of: --

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Enterprise Value --
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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

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Income Statement & Cash Flow
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Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q2)

198 + investors

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

QUARTER:
Top 25 BW holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 BRC Group Holdings, Inc. 89.26% 27,446,522 $387.0M
2 Vennlight Capital Management, LP 4.10% 434,022 $6.1M
3 Kmt Wealth Management, LLC 1.76% 147,781 $2.1M
4 Kingsbury Capital Investment Advisors LLC 1.76% 147,781 $2.1M
5 Equitec Proprietary Markets, LLC 1.76% 697,221 $9.8M
6 Hood River Capital Management LLC 1.40% 13,689,679 $193.0M
7 LuminArx Capital Management LP 1.29% 205,200 $2.9M
8 Arosa Capital Management LP 0.69% 275,000 $3.9M
9 Gendell Jeffrey L 0.64% 5,142,978 $72.5M
10 Potomac Capital Management, Inc. 0.62% 64,000 $902K
11 Worth Venture Partners, LLC 0.49% 15,450 $218K
12 Thompson Davis & CO., INC. 0.48% 56,375 $795K
13 Shannon River Fund Management LLC 0.42% 333,153 $4.7M
14 Palumbo Wealth Management LLC 0.40% 133,927 $1.9M
15 United Advisor Group, LLC 0.32% 214,794 $3.0M
16 Valiant Capital Management, L.P. 0.31% 550,000 $7.8M
17 Informed Momentum Co LLC 0.27% 216,327 $3.1M
18 Ironwood Investment Management LLC 0.24% 49,899 $704K
19 Driehaus Capital Management LLC 0.19% 2,337,212 $33.0M
20 Oberweis Asset Management Inc/ 0.18% 627,900 $8.9M
21 Situational Awareness LP 0.14% 2,027,451 $28.6M
22 Aquatic Capital Management LLC 0.11% 234,579 $3.3M
23 Dark Forest Capital Management LP 0.09% 97,093 $1.4M
24 Royce & Associates LP 0.09% 753,180 $10.6M
25 Global Retirement Partners, LLC 0.08% 372,642 $5.3M
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 — Babcock & Wilcox Enterprises (BW)

What does the Smart Money Trend signal show for BW?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added BW 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 BW?

More buyers than sellers — 65% buying: Last quarter: 152 funds were net buyers (88 opened a brand new position + 64 added to an existing one). Only 82 were sellers (41 trimmed + 41 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for BW holders?

Elite ownership — 40% AUM from top-100 funds: 49 of 200 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in BW. 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 BW?

47% of holders stayed for 2+ years: 94 out of 202 hedge funds have held BW 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 Babcock & Wilcox Enterprises (BW) following the 2026 Q2 hedge fund 13F filings?

As of today, BW has moved -28.7% since the 2026 Q2 13F filing date (August 14, 2026), compared to -8.6% for the XLI sector ETF — an outperformance of -20.1%. Since the quarter end (June 30, 2026), BW has gained -47.9% vs -8.0% 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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