Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Cal Maine Foods Inc (CALM)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -9
Streak
1Q ▼
Buyers last Q
53%

Smart Money Signals — CALM

Based on 457 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their CALM positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (98% of max)

98% of all-time peak
457 hedge funds hold CALM 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.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding CALM is almost the same as a year ago (+13 funds, +3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 53% buying

261 buying229 selling
Last quarter: 261 funds bought or added vs 229 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-7 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 77 → 91 → 85 → 78. 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.
🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 18% medium ■ 28% new
249 out of 457 hedge funds have held CALM 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.
➡️

Steady discovery — ~78 new funds/quarter

67 → 77 → 91 → 85 → 78 new funds/Q
New funds entering each quarter: 77 → 91 → 85 → 78. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 60% veterans vs 29% newcomers

■ 60% veterans ■ 11% 1-2yr ■ 29% new
Entry-cohort mix of 467 holders: 279 (60%) are 2+ year veterans, 51 entered 1–2 years ago, and 137 (29%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 58% AUM from top-100 funds

58% from top-100 AUM funds
49 of 450 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in CALM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — 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 — CALM

In 2026 Q2, 261 hedge funds were net buyers of CALM (78 opened a new position, 183 added to an existing one), while 229 reduced or exited (142 trimmed, 87 sold completely) — a 53% buyer ratio, indicating a slight buying edge. 58% of total institutional value in CALM is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -9 funds (more exits than new entries). Total institutional holders: 457.

Hedge Fund Ownership: CALM

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

Market Analysis: CALM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CALM

-- --

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

14 top-rated funds 3 high-conviction
Consensus
5.1
/ 10
breadth
×
Elite
2.5
/ 10
conviction
Hedge Fund Positioning: CALM
446 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 446 466 -4.29%
13F Shares 46M 44M 2.45%
Total Value $3.52B $3.42B 2.84%
New Positions 77 85 -8
Increased Positions 178 172 +6
Closed Positions 90 81 +9
Reduced Positions 140 159 -19
Total Calls 9 8 12.5%
Total Puts 7 10 -30.0%
PUT/CALL Ratio 0.78 1.25 Neutral

Statistics: CALM

View More

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 Q2)

446 + investors

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

QUARTER:
Top 25 CALM holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Twin Lions Management LLC 13.99% 221,544 $17.8M
2 Diversified Investment Strategies, LLC 3.89% 74,630 $6.0M
3 Mountain Lake Investment Management LLC 3.45% 68,685 $5.5M
4 English Capital Management LLC 2.47% 66,525 $5.4M
5 Eldred Rock Partners, LLC 2.29% 132,449 $10.7M
6 Leibman Financial Services, Inc. 1.87% 34,844 $2.8M
7 River Road Asset Management, LLC 1.48% 1,655,409 $133.4M
8 Hound Partners, LLC 1.37% 147,086 $11.8M
9 Jefferson Bridge Capital, LLC 1.22% 17,460 $1.4M
10 Miller Value Partners, LLC 1.18% 62,000 $5.0M
11 Directional Asset Management 1.04% 15,234 $1.2M
12 Hennessy Advisors Inc 0.89% 346,800 $27.9M
13 Sprott INC. 0.88% 342,780 $27.6M
14 Keating Investment Counselors Inc 0.75% 33,751 $2.7M
15 Buck Wealth Strategies, LLC 0.72% 85,590 $6.9M
16 Nuance Investments, LLC 0.71% 51,918 $4.2M
17 Everstar Asset Management, LLC 0.61% 15,586 $1.3M
18 RM Financial Services, LLC 0.55% 9,254 $746K
19 Phocas Financial Corp. 0.53% 47,775 $3.8M
20 nVerses Capital, LLC 0.47% 3,771 $304K
21 BCS Private Wealth Management, Inc. 0.46% 18,950 $1.5M
22 Roxbury Financial LLC 0.46% 7,153 $576K
23 White Knight Strategic Wealth Advisors, LLC 0.42% 7,471 $602K
24 Beacon Investment Advisors LLC 0.42% 16,643 $1.3M
25 Kendall Capital Management 0.42% 31,160 $2.5M
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 — Cal Maine Foods Inc (CALM)

What does the Smart Money Trend signal show for CALM?

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

Slight buying edge — 53% buying: Last quarter: 261 funds bought or added vs 229 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CALM holders?

Elite ownership — 58% AUM from top-100 funds: 49 of 450 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in CALM. 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 CALM?

54% of holders stayed for 2+ years: 249 out of 457 hedge funds have held CALM 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.

Full history →