Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Canaan Inc (CAN)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -3
Streak
2Q ▼
Buyers last Q
51%

Smart Money Signals — CAN

Based on 78 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their CAN 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 — 82% of 3.0Y peak

82% of all-time peak
78 funds currently hold this stock — 82% of the 3.0-year high of 95 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +8% more funds vs a year ago

fund count last 6Q
+6 new funds entered over the past year (+8% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 51% buying

43 buying42 selling
Last quarter: 43 funds bought or added vs 42 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.
➡️

Steady new buyers — ~18 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 25 → 29 → 20 → 18. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

50% of holders stayed for 2+ years

■ 50% conviction (2yr+) ■ 22% medium ■ 28% new
39 out of 78 hedge funds have held CAN 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 -30%, value -47%

Value
-46%
Shares
-30%
Last quarter: funds added -30% more shares while total portfolio value only changed -47%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

17 → 25 → 29 → 20 → 18 new funds/Q
New funds entering each quarter: 25 → 29 → 20 → 18. CAN is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 61% veterans vs 29% newcomers

■ 61% veterans ■ 10% 1-2yr ■ 29% new
Entry-cohort mix of 83 holders: 51 (61%) are 2+ year veterans, 8 entered 1–2 years ago, and 24 (29%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 68% AUM from top-100 funds

68% from top-100 AUM funds
18 of 76 holders are among the 100 largest funds by AUM, controlling 68% of total institutional value in CAN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
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 — CAN

In 2026 Q2, 43 hedge funds were net buyers of CAN (18 opened a new position, 25 added to an existing one), while 42 reduced or exited (21 trimmed, 21 sold completely) — a 51% buyer ratio, indicating a slight buying edge. Net selling has persisted for two consecutive quarters. 68% of total institutional value in CAN is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -3 funds (more exits than new entries). Total institutional holders: 78.

Hedge Fund Ownership: CAN

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

Market Analysis: CAN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CAN

-- --

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

Is It Too Late to Buy Canaan Inc (CAN) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CAN has moved relative to its sector benchmark (XLK) since the 2026 Q3 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 September 30, 2026 · 45d ago
CAN
-53.3%
XLK
-13.0%

CAN outperformed XLK by -40.3% since September 30, 2026.

Since 13F Filing Date November 14, 2026 · 0d ago
CAN
+0.0%
XLK
+0.0%

Since the filing became public, CAN outperformed XLK by +0.0% .

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.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: CAN
2026 Q3 Stats Unlock in 5 days 75 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 75 81 -7.41%
13F Shares 106M 151M -30.19%
Total Value $35M $66M -46.87%
New Positions 17 20 -3
Increased Positions 24 22 +2
Closed Positions 21 25 -4
Reduced Positions 19 24 -5
Total Calls 4 3 33.33%
Total Puts 3 3 -
PUT/CALL Ratio 0.75 1.0 Neutral

Statistics: CAN

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Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
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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 Q3)

75 + investors

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

QUARTER:
2026 Q3 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 CAN holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Compass Rose Asset Management, LP 0.16% 4,769,310 $1.6M
2 Bitwise Funds Trust 0.06% 752,193 $260K
3 SBI Securities Co., Ltd. 0.01% 1,491,321 $515K
4 Certuity, LLC 0.01% 680,040 $235K
5 JMN Financial LLC 0.01% 34,833 $12K
6 CenterStar Asset Management, LLC 0.00% 45,000 $16K
7 Reflection Asset Management 0.00% 25,210 $7K
8 Duncan Williams Asset Management, LLC 0.00% 31,000 $11K
9 Marshall Wace, LLP 0.00% 7,297,976 $2.5M
10 Catalyst Funds Management Pty Ltd 0.00% 45,412 $16K
11 Hrt Financial LP 0.00% 1,386,161 $478K
12 CWA Asset Management Group, LLC 0.00% 81,850 $28K
13 Renaissance Technologies LLC 0.00% 1,390,279 $480K
14 Ci Investments INC. 0.00% 534,360 $184K
15 Vontobel Holding Ltd. 0.00% 423,658 $146K
16 Gladstone Institutional Advisory LLC 0.00% 52,250 $18K
17 Beacon Financial Group 0.00% 12,886 $4K
18 Group One Trading LLC 0.00% 693,914 $239K
19 Gen-Wealth Partners Inc 0.00% 3,000 $1K
20 Procyon Advisors, LLC 0.00% 13,779 $5K
21 UBS Group AG 0.00% 3,790,226 $1.3M
22 Sequoia Financial Advisors, LLC 0.00% 100,000 $34K
23 Commonwealth Equity Services, LLC 0.00% 279,261 $96K
24 Jane Street Group, LLC 0.00% 2,935,572 $1.0M
25 Private Advisor Group, LLC 0.00% 50,000 $17K
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 — Canaan Inc (CAN)

What does the Smart Money Trend signal show for CAN?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their CAN 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 CAN?

Slight buying edge — 51% buying: Last quarter: 43 funds bought or added vs 42 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 CAN holders?

Elite ownership — 68% AUM from top-100 funds: 18 of 76 holders are among the 100 largest funds by AUM, controlling 68% of total institutional value in CAN. 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 CAN?

50% of holders stayed for 2+ years: 39 out of 78 hedge funds have held CAN 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 Canaan Inc (CAN) following the 2026 Q3 hedge fund 13F filings?

As of today, CAN has moved +0.0% since the 2026 Q3 13F filing date (November 14, 2026), compared to +0.0% for the XLK sector ETF — an outperformance of +0.0%. Since the quarter end (September 30, 2026), CAN has gained -53.3% vs -13.0% for XLK. 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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