Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Ceco Environmental Corp (CECO)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +32
Streak
4Q ▲
Buyers last Q
58%

Smart Money Signals — CECO

Based on 258 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 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
258 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 — +53% more funds vs a year ago

fund count last 6Q
+89 new funds entered over the past year (+53% 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 — 58% buying

149 buying108 selling
Last quarter: 149 funds bought or added vs 108 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.
📈

More new buyers each quarter (+26 vs last Q)

new funds entering per quarter
Funds opening a new CECO position: 28 → 62 → 35 → 61. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

56% of holders stayed for 2+ years

■ 56% conviction (2yr+) ■ 16% medium ■ 28% new
144 out of 258 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.
➡️

Steady discovery — ~61 new funds/quarter

27 → 28 → 62 → 35 → 61 new funds/Q
New funds entering each quarter: 28 → 62 → 35 → 61. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 64% veterans vs 26% newcomers

■ 64% veterans ■ 10% 1-2yr ■ 26% new
Entry-cohort mix of 262 holders: 167 (64%) are 2+ year veterans, 26 entered 1–2 years ago, and 69 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 44% AUM from top-100 funds

44% from top-100 AUM funds
45 of 257 holders are among the 100 largest funds by AUM, controlling 44% 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.
4.3
out of 10
Moderate Exit Risk
Exit risk score 4.3/10 — 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 — CECO

In 2026 Q1, 149 hedge funds were net buyers of CECO (61 opened a new position, 88 added to an existing one), while 108 reduced or exited (79 trimmed, 29 sold completely) — a 58% buyer ratio, indicating a slight buying edge. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 44% of total institutional value in CECO is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +32 funds (more new holders than closures). Total institutional holders: 258.

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

-- --

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

Is It Too Late to Buy Ceco Environmental Corp (CECO) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CECO has moved relative to its sector benchmark (XLI) since the 2026 Q1 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 March 31, 2026 · 78d ago
CECO
+55.3%
XLI
+10.5%

CECO outperformed XLI by +44.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
CECO
+14.5%
XLI
+4.2%

Since the filing became public, CECO outperformed XLI by +10.3% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

26 top-rated funds 6 high-conviction
Consensus
6.2
/ 10
breadth
×
Elite
3.1
/ 10
conviction
Hedge Fund Positioning: CECO
257 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 257 226 13.72%
13F Shares 32M 29M 9.26%
Total Value $1.67B $1.73B -3.53%
New Positions 60 35 +25
Increased Positions 88 76 +12
Closed Positions 29 28 +1
Reduced Positions 77 77 -
Total Calls 3 2 50.0%
Total Puts 2 0 100%
PUT/CALL Ratio 0.67 0.0 Bullish

Statistics: CECO

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Institutional Holders (2026 Q1)

257 + investors

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

QUARTER:
Top 25 CECO holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 IES Holdings, Inc. 15.83% 568,527 $33.9M
2 1060 Capital, LLC 3.62% 50,000 $3.0M
3 Panoramic Capital, LLC 2.78% 66,566 $4.0M
4 Martin & Co Inc /Tn/ 2.53% 249,462 $14.9M
5 4D Advisors, LLC 2.45% 65,000 $3.9M
6 Gordian Capital Singapore Pte Ltd 2.39% 24,000 $1.4M
7 Expect Equity LLC 2.20% 38,473 $2.3M
8 Formula Growth Ltd 1.68% 62,344 $3.7M
9 Essex Investment Management Co LLC 1.48% 157,246 $9.4M
10 Pier Capital, LLC 1.48% 150,245 $9.0M
11 Worth Venture Partners, LLC 1.42% 7,515 $448K
12 Marathon Capital Management 1.32% 98,330 $5.9M
13 Peregrine Asset Advisers, Inc. 1.19% 73,886 $4.4M
14 Needham Investment Management LLC 1.18% 387,500 $23.1M
15 Emerald Advisers, LLC 0.99% 523,017 $31.2M
16 White Pine Capital LLC 0.95% 56,707 $3.4M
17 Emerald Mutual Fund Advisers Trust 0.91% 314,005 $18.7M
18 Osterweis Capital Management Inc 0.70% 226,617 $13.5M
19 Yorktown Management & Research Co Inc 0.64% 12,900 $769K
20 Kassira Wealth Management LLC 0.57% 10,343 $616K
21 Royce & Associates LP 0.49% 827,781 $49.3M
22 Cox Capital Mgt LLC 0.48% 12,088 $720K
23 Empirical Asset Management, LLC 0.47% 30,025 $1.8M
24 Divisadero Street Capital Management, LP 0.47% 187,600 $11.2M
25 Lisanti Capital Growth, LLC 0.46% 30,860 $1.8M
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 — 4 quarters in a row: For 4 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 — 58% buying: Last quarter: 149 funds bought or added vs 108 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 — 44% AUM from top-100 funds: 45 of 257 holders are among the 100 largest funds by AUM, controlling 44% 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?

56% of holders stayed for 2+ years: 144 out of 258 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.

Is it too late to buy Ceco Environmental Corp (CECO) following the 2026 Q1 hedge fund 13F filings?

As of today, CECO has moved +14.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.2% for the XLI sector ETF — an outperformance of +10.3%. Since the quarter end (March 31, 2026), CECO has gained +55.3% vs +10.5% for XLI. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to 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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