Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

CECO ENVIRONMENTAL CORP (CECO)

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

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +7
Streak
3Q ▲
Buyers last Q
51%

Smart Money Signals — CECO

Based on 219 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added CECO 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
219 hedge funds hold CECO 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 — +33% more funds vs a year ago

fund count last 6Q
+54 new funds entered over the past year (+33% 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.
🟡

Slight buying edge — 51% buying

107 buying104 selling
Last quarter: 107 funds bought or added vs 104 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 (-26 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 26 → 27 → 60 → 34. 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.
🔒

62% of holders stayed for 2+ years

62% conviction (2yr+) 18% medium 21% new
135 out of 219 hedge funds have held CECO 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.
💰

Value +17% but shares only +1% — price-driven

Value
+17%
Shares
+0%
Last quarter: the total dollar value of institutional holdings rose +17%, but actual share count only changed +1%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
🚀

Acceleration phase — new buyers rushing in

22 → 26 → 27 → 60 → 34 new funds/Q
New funds entering each quarter: 26 → 27 → 60 → 34. 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.
🏛️

Deep conviction — 68% of holders stayed 2+ years

68% veterans 9% 1-2yr 23% new
Of 221 current holders: 150 (68%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 48% AUM from top-100 funds

48% from top-100 AUM funds
40 of 219 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in CECO. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.1
out of 10
Moderate Exit Risk
Exit risk score 4.1/10 — 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.

Hedge Fund Ownership: CECO

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

Market Analysis: CECO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CECO

-- --
Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

43 top-rated funds 4 high-conviction
Consensus
7.1
/ 10
breadth
×
Elite
3.3
/ 10
conviction
Hedge Fund Positioning: CECO
2026 Q1 Stats Unlock in 22 days 221 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 221 216 2.31%
13F Shares 29M 29M 0.57%
Total Value $1.72B $1.47B 17.48%
New Positions 34 60 -26
Increased Positions 77 57 +20
Closed Positions 28 18 +10
Reduced Positions 79 80 -1
Total Calls 2 2 -
Total Puts 0 2 -100.0%
PUT/CALL Ratio 0.0 1.0 Bullish

Statistics: CECO

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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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) --
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Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

221 + investors

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

Top 25 institutional holders of CECO — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Peregrine Asset Advisers, Inc. 1.19% 73,886 $4.4M
2 Yorktown Management & Research Co Inc 0.64% 12,900 $769K
3 Cox Capital Mgt LLC 0.48% 12,088 $720K
4 PEREGRINE CAPITAL MANAGEMENT LLC 0.34% 154,307 $9.2M
5 Whalen Wealth Management Inc. 0.23% 7,172 $427K
6 Continuum Advisory, LLC 0.21% 37,443 $2.2M
7 North Star Investment Management Corp. 0.17% 48,150 $2.9M
8 Counterpoint Mutual Funds LLC 0.13% 14,744 $878K
9 Moran Wealth Management, LLC 0.10% 56,953 $3.4M
10 FNY Investment Advisers, LLC 0.06% 2,500
11 NorthCrest Asset Manangement, LLC 0.06% 32,265 $2.0M
12 CONTRAVISORY INVESTMENT MANAGEMENT, INC. 0.05% 3,885 $231K
13 Inspire Investing, LLC 0.04% 8,694 $518K
14 NBC SECURITIES, INC. 0.04% 8,421 $502K
15 GUYASUTA INVESTMENT ADVISORS INC 0.03% 8,750 $521K
16 Abacus Wealth Partners, LLC 0.02% 4,531 $270K
17 RITHOLTZ WEALTH MANAGEMENT 0.01% 12,734 $759K
18 OPPENHEIMER & CO INC 0.01% 16,065 $957K
19 Marex Group plc 0.01% 13,983 $403K
20 Morton Brown Family Wealth, LLC 0.01% 481 $29K
21 WEDBUSH SECURITIES INC 0.01% 4,037
22 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% 9,330 $556K
23 OP Asset Management Ltd 0.01% 9,248 $637K
24 Janney Montgomery Scott LLC 0.01% 45,040 $3K
25 Key FInancial Inc 0.01% 600 $36K
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 — CECO ENVIRONMENTAL CORP (CECO)

What does the Smart Money Trend signal show for CECO?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added CECO 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 CECO?

Slight buying edge — 51% buying: Last quarter: 107 funds bought or added vs 104 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 CECO holders?

Elite ownership — 48% AUM from top-100 funds: 40 of 219 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in CECO. 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 CECO?

62% of holders stayed for 2+ years: 135 out of 219 hedge funds have held CECO 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.