Cardlytics, INC. (CDLX) Hedge Fund Ownership (Q2 2026)

Cardlytics, INC. (CDLX)

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

Smart Money Signals — CDLX

Based on 43 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 5 quarters in a row

last 6Q

For 5 consecutive quarters, more hedge funds reduced or closed their CDLX positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

🔻

Below peak — only 30% of 3.0Y high

30% of all-time peak

Only 43 funds hold CDLX today versus a peak of 143 funds at 2024 Q1 — just 30% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.

📉

Outflows — 52% fewer funds vs a year ago

fund count last 6Q

47 fewer hedge funds hold CDLX compared to a year ago (-52% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.

🔴

Heavy selling pressure — only 19% buying

14 buying61 selling

Last quarter: 61 funds sold vs only 14 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

➡️

Steady new buyers — ~12 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 24 → 10 → 13 → 12. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

70% of holders stayed for 2+ years

■ 70% conviction (2yr+) ■ 14% medium ■ 16% new

30 out of 43 hedge funds have held CDLX 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.

💰

Price up while funds trimmed (-39% value, -85% shares)

Value

-39%

-85%

Last quarter: total value of institutional CDLX holdings rose -39% even though funds reduced share count by 85%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.

📊

Peak discovery — momentum slowing

18 → 24 → 10 → 13 → 12 new funds/Q

New funds entering each quarter: 24 → 10 → 13 → 12. CDLX 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 — 75% veterans vs 12% newcomers

■ 75% veterans ■ 12% 1-2yr ■ 12% new

Entry-cohort mix of 48 holders: 36 (75%) are 2+ year veterans, 6 entered 1–2 years ago, and 6 (12%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

📋

Smaller funds dominant — 18% AUM from top-100

18% from top-100 AUM funds

14 of 42 holders rank in the top 100 by AUM, but together hold only 18% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

2.0

out of 10

Low Exit Risk

Exit risk score 2.0/10 — 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.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	2	61	-96.72%
13F Shares	493K	18M	-97.29%
Total Value	$2M	$20M	-88.96%
New Positions	1	13	-12
Increased Positions	0	10	-10
Closed Positions	60	21	+39
Reduced Positions	1	22	-21
Total Calls	0	3	-100.0%
Total Puts	0	3	-100.0%
PUT/CALL Ratio	0.0	1.0	Bullish

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

-96.72%

13F Shares

493K

18M

-97.29%

Total Value

$2M

$20M

-88.96%

New Positions

-12

Increased Positions

-10

Closed Positions

+39

Reduced Positions

-21

Total Calls

-100.0%

Total Puts

-100.0%

PUT/CALL Ratio

0.0

1.0

Bullish

Institutional Holders (2026 Q2)

2 + investors

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

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 CDLX holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Worldly Partners Management, LLC	0.42%	115,798	$520K
2	CAS Investment Partners, LLC	0.11%	470,986	$2.1M
3	Kmt Wealth Management, LLC	0.10%	26,845	$121K
4	Kingsbury Capital Investment Advisors LLC	0.10%	26,845	$121K
5	KPS Global Asset Management UK Ltd	0.09%	121,883	$547K
6	683 Capital Management, LLC	0.04%	200,000	$898K
7	RBF Capital, LLC	0.01%	80,010	$359K
8	Quinn Opportunity Partners LLC	0.01%	46,239	$208K
9	Jump Financial, LLC	0.00%	22,488	$41K
10	Susquehanna International Group, LLP	0.00%	710,300	$3.2M
11	Global Retirement Partners, LLC	0.00%	3,430	$15K
12	Squarepoint Ops LLC	0.00%	26,973	$121K
13	Hrt Financial LP	0.00%	15,610	$70K
14	Renaissance Technologies LLC	0.00%	18,405	$83K
15	Qube Research & Technologies Ltd	0.00%	19,765	$89K
16	Tower Research Capital LLC (TRC)	0.00%	673	$3K
17	Susquehanna International Group, LLP	0.00%	134,200	$603K
18	Vanguard Fiduciary Trust Co	0.00%	32,688	$147K
19	LPL Financial LLC	0.00%	25,986	$117K
20	Vanguard Capital Management LLC	0.00%	218,612	$982K
21	UBS Group AG	0.00%	35,754	$161K
22	EverSource Wealth Advisors, LLC	0.00%	120	—
23	Osaic Holdings, INC.	0.00%	2,816	$13K
24	Jane Street Group, LLC	0.00%	39,541	$178K
25	Citadel Advisors LLC	0.00%	28,597	$128K

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 — Cardlytics, INC. (CDLX)

What does the Smart Money Trend signal show for CDLX?

Selling streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds reduced or closed their CDLX 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 CDLX?

Heavy selling pressure — only 19% buying: Last quarter: 61 funds sold vs only 14 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for CDLX holders?

Smaller funds dominant — 18% AUM from top-100: 14 of 42 holders rank in the top 100 by AUM, but together hold only 18% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held CDLX?

70% of holders stayed for 2+ years: 30 out of 43 hedge funds have held CDLX 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.

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Cardlytics, INC. (CDLX)

Smart Money Signals — CDLX

Selling streak — 5 quarters in a row

Below peak — only 30% of 3.0Y high

Outflows — 52% fewer funds vs a year ago

Heavy selling pressure — only 19% buying

Steady new buyers — ~12 new funds per quarter

70% of holders stayed for 2+ years

Price up while funds trimmed (-39% value, -85% shares)

Peak discovery — momentum slowing

Veteran-anchored — 75% veterans vs 12% newcomers

Smaller funds dominant — 18% AUM from top-100

Institutional Sentiment Summary — CDLX

Hedge Fund Ownership: CDLX

Market Analysis: CDLX

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: CDLX

Hedge Fund Positioning: CDLX

Statistics: CDLX

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Cardlytics, INC. (CDLX)

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