Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Caledonia Mng Corp (CMCL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +12
Streak
4Q ▲
Buyers last Q
58%

Smart Money Signals — CMCL

Based on 150 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 CMCL 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
150 hedge funds hold CMCL 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 — +72% more funds vs a year ago

fund count last 6Q
+63 new funds entered over the past year (+72% 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

88 buying63 selling
Last quarter: 88 funds bought or added vs 63 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 — ~30 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 24 → 41 → 29 → 30. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌

Mixed — 37% long-term, 36% new

■ 37% conviction (2yr+) ■ 27% medium ■ 36% new
Of the 150 current holders: 55 (37%) held >2 years, 41 held 1–2 years, and 54 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💎

Buying through price weakness — shares +23%, value -2%

Value
-1%
Shares
+23%
Last quarter: funds added +23% more shares while total portfolio value only changed -2%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~30 new funds/quarter

8 → 24 → 41 → 29 → 30 new funds/Q
New funds entering each quarter: 24 → 41 → 29 → 30. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 44% veterans vs 38% newcomers

■ 44% veterans ■ 18% 1-2yr ■ 38% new
Entry-cohort mix of 155 holders: 68 (44%) are 2+ year veterans, 28 entered 1–2 years ago, and 59 (38%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 41% AUM from top-100 funds

41% from top-100 AUM funds
40 of 149 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in CMCL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.6
out of 10
Moderate Exit Risk
Exit risk score 4.6/10 — 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 — CMCL

In 2026 Q1, 88 hedge funds were net buyers of CMCL (30 opened a new position, 58 added to an existing one), while 63 reduced or exited (45 trimmed, 18 sold completely) — a 58% buyer ratio, indicating a slight buying edge. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 41% of total institutional value in CMCL is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +12 funds (more new holders than closures). Total institutional holders: 150.

Hedge Fund Ownership: CMCL

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

Market Analysis: CMCL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CMCL

-- --

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

Is It Too Late to Buy Caledonia Mng Corp (CMCL) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CMCL has moved relative to its sector benchmark (SPY) 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 · 82d ago
CMCL
-7.7%
SPY
+15.1%

CMCL outperformed SPY by -22.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 37d ago
CMCL
-9.5%
SPY
+1.3%

Since the filing became public, CMCL outperformed SPY by -10.8% .

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.

18 top-rated funds 0 high-conviction
Consensus
5.6
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: CMCL
150 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 150 138 8.7%
13F Shares 9M 7M 23.05%
Total Value $192M $195M -1.75%
New Positions 30 29 +1
Increased Positions 56 53 +3
Closed Positions 18 21 -3
Reduced Positions 44 37 +7
Total Calls 2 2 -
Total Puts 4 2 100.0%
PUT/CALL Ratio 2.0 1.0 Bearish

Statistics: CMCL

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Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
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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 Q1)

150 + investors

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

QUARTER:
Top 25 CMCL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Illumine Investment Management, LLC 0.60% 34,570 $781K
2 Globeflex Capital L P 0.56% 163,383 $3.7M
3 Goehring & Rozencwajg Associates, LLC 0.19% 153,264 $3.5M
4 Navellier & Associates Inc 0.12% 52,371 $1.2M
5 Mizuho Markets Americas LLC 0.11% 177,134 $4.0M
6 Potentia Wealth 0.10% 11,559 $261K
7 Cvfg LLC 0.10% 34,350 $776K
8 Nfj Investment Group, LLC 0.10% 112,366 $2.5M
9 Dynamic Technology Lab Private Ltd 0.09% 25,133 $568K
10 Virtus Advisers, LLC 0.08% 7,800 $176K
11 Bridgeway Capital Management, LLC 0.08% 166,300 $3.8M
12 Segall Bryant & Hamill, LLC 0.06% 139,674 $3.7M
13 Martingale Asset Management L P 0.04% 65,505 $1.5M
14 Ellevest, Inc. 0.03% 9,030 $204K
15 Alyeska Investment Group, L.P. 0.03% 402,714 $9.1M
16 Nomura Holdings Inc 0.02% 328,650 $7.4M
17 Empowered Funds, LLC 0.02% 133,178 $3.0M
18 WINTON GROUP Ltd 0.02% 23,503 $531K
19 Ritholtz Wealth Management 0.02% 46,391 $1.0M
20 Mangrove Partners IM, LLC 0.02% 9,771 $221K
21 Skaana Management L.P. 0.02% 2,000 $45K
22 Jacobs Levy Equity Management, Inc 0.02% 159,263 $3.6M
23 XTX Topco Ltd 0.01% 26,075 $589K
24 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.01% 25,726 $581K
25 Hillsdale Investment Management Inc. 0.01% 13,100 $296K
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 — Caledonia Mng Corp (CMCL)

What does the Smart Money Trend signal show for CMCL?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added CMCL 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 CMCL?

Slight buying edge — 58% buying: Last quarter: 88 funds bought or added vs 63 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 CMCL holders?

Elite ownership — 41% AUM from top-100 funds: 40 of 149 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in CMCL. 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 CMCL?

Mixed — 37% long-term, 36% new: Of the 150 current holders: 55 (37%) held >2 years, 41 held 1–2 years, and 54 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Is it too late to buy Caledonia Mng Corp (CMCL) following the 2026 Q1 hedge fund 13F filings?

As of today, CMCL has moved -9.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.3% for the SPY sector ETF — an outperformance of -10.8%. Since the quarter end (March 31, 2026), CMCL has gained -7.7% vs +15.1% for SPY. 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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