Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Collective Mining Ltd (CNL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
1Q ▼
Buyers last Q
50%

Smart Money Signals — CNL

Based on 47 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their CNL positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (96% of max)

96% of all-time peak
47 hedge funds hold CNL 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 — +96% more funds vs a year ago

fund count last 6Q
+23 new funds entered over the past year (+96% 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 — 50% buying

25 buying25 selling
Last quarter: 25 funds bought or added vs 25 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 — ~8 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 17 → 14 → 12 → 8. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 45% entered in last year

■ 4% conviction (2yr+) ■ 51% medium ■ 45% new
Only 2 funds (4%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💰

Value +35% but shares only +17% — price-driven

Value
+34%
Shares
+16%
Last quarter: the total dollar value of institutional holdings rose +35%, but actual share count only changed +17%. 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.
📊

Peak discovery — momentum slowing

9 → 17 → 14 → 12 → 8 new funds/Q
New funds entering each quarter: 17 → 14 → 12 → 8. CNL is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🌱

Early stage — 66% of holders entered in last year

■ 15% veterans ■ 19% 1-2yr ■ 66% new
Of 47 current holders: 31 (66%) entered in the past year, only 7 (15%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
✅

Strong quality — 29% AUM from major funds

29% from top-100 AUM funds
19 of 46 holders rank in the top 100 by AUM, accounting for 29% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
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 — CNL

In 2026 Q1, 25 hedge funds were net buyers of CNL (8 opened a new position, 17 added to an existing one), while 25 reduced or exited (15 trimmed, 10 sold completely) — a 50% buyer ratio, indicating a slight buying edge. 29% of total institutional value in CNL is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 47.

Hedge Fund Ownership: CNL

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

Market Analysis: CNL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CNL

-- --

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

Is It Too Late to Buy Collective Mining Ltd (CNL) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CNL 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 · 89d ago
CNL
-26.0%
SPY
+12.4%

CNL outperformed SPY by -38.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 44d ago
CNL
-19.0%
SPY
-1.1%

Since the filing became public, CNL outperformed SPY by -17.9% .

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.

7 top-rated funds 1 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
1.6
/ 10
conviction
Hedge Fund Positioning: CNL
46 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 46 49 -6.12%
13F Shares 32M 28M 14.85%
Total Value $544M $410M 32.76%
New Positions 8 12 -4
Increased Positions 16 21 -5
Closed Positions 11 9 +2
Reduced Positions 15 9 +6
Total Calls 1 1 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: CNL

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Valuation Measures Data as of: --

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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) --
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Income Statement & Cash Flow
Revenue (ttm) --
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Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

46 + investors

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

QUARTER:
Top 25 CNL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Helikon Investments Ltd 7.30% 10,979,312 $193.3M
2 Kingdon Capital Management, L.L.C. 0.82% 425,000 $7.5M
3 Jupiter Asset Management Ltd 0.66% 7,096,929 $124.2M
4 Groupe la Francaise 0.11% 470,000 $8.2M
5 U S Global Investors Inc 0.07% 35,000 $615K
6 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.06% 2,404,915 $42.1M
7 Alberta Investment Management Corp 0.03% 294,000 $5.2M
8 Edmond de Rothschild Holding S.A. 0.03% 109,054 $1.9M
9 Gilder Gagnon Howe & Co LLC 0.03% 121,116 $2.1M
10 Wellington Management Group LLP 0.01% 3,745,797 $65.6M
11 Sprott INC. 0.01% 18,100 $319K
12 SIG North Trading, ULC 0.01% 22,200 $391K
13 Franklin Resources Inc 0.00% 1,110,000 $19.5M
14 Manufacturers Life Insurance Company, the 0.00% 310,308 $5.4M
15 SIH Partners, LLLP 0.00% 18,418 $324K
16 UBS Group AG 0.00% 1,568,216 $27.6M
17 Connor, Clark & Lunn Investment Management Ltd. 0.00% 100,600 $1.8M
18 Amundi 0.00% 760,602 $13.4M
19 Bank of Montreal /Can/ 0.00% 395,431 $6.9M
20 Royal Bank of Canada 0.00% 426,471 $7.5M
21 TD Asset Management Inc 0.00% 80,386 $1.4M
22 Mackenzie Financial Corp 0.00% 53,702 $943K
23 Swiss National Bank 0.00% 109,600 $1.9M
24 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% 25,852 $453K
25 Cibc World Market INC. 0.00% 27,043 $475K
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 — Collective Mining Ltd (CNL)

What does the Smart Money Trend signal show for CNL?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their CNL 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 CNL?

Slight buying edge — 50% buying: Last quarter: 25 funds bought or added vs 25 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 CNL holders?

Strong quality — 29% AUM from major funds: 19 of 46 holders rank in the top 100 by AUM, accounting for 29% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held CNL?

Mostly new holders — 45% entered in last year: Only 2 funds (4%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Collective Mining Ltd (CNL) following the 2026 Q1 hedge fund 13F filings?

As of today, CNL has moved -19.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to -1.1% for the SPY sector ETF — an outperformance of -17.9%. Since the quarter end (March 31, 2026), CNL has gained -26.0% vs +12.4% 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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