Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Core & Main Inc (CNM)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +35
Streak
2Q ▲
Buyers last Q
54%

Smart Money Signals — CNM

Based on 468 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added CNM 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
468 hedge funds hold CNM 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.
📶

Steady growth — +13% more funds vs a year ago

fund count last 6Q
+55 new funds entered over the past year (+13% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 54% buying

246 buying209 selling
Last quarter: 246 funds bought or added vs 209 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 — ~86 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 73 → 66 → 83 → 86. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

50% of holders stayed for 2+ years

■ 50% conviction (2yr+) ■ 28% medium ■ 23% new
232 out of 468 hedge funds have held CNM 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.
📈

Growing discovery — still being found

65 → 73 → 66 → 83 → 86 new funds/Q
New funds entering each quarter: 73 → 66 → 83 → 86. A growing number of institutions are discovering CNM each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 53% veterans vs 27% newcomers

■ 53% veterans ■ 20% 1-2yr ■ 27% new
Entry-cohort mix of 474 holders: 252 (53%) are 2+ year veterans, 93 entered 1–2 years ago, and 129 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 39% AUM from major funds

39% from top-100 AUM funds
57 of 464 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — 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.

Institutional Sentiment Summary — CNM

In 2026 Q1, 246 hedge funds were net buyers of CNM (86 opened a new position, 160 added to an existing one), while 209 reduced or exited (158 trimmed, 51 sold completely) — a 54% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 39% of total institutional value in CNM is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +35 funds (more new holders than closures). Total institutional holders: 468.

Hedge Fund Ownership: CNM

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

Market Analysis: CNM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CNM

-- --

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

Is It Too Late to Buy Core & Main Inc (CNM) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CNM 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 · 85d ago
CNM
-6.0%
XLI
+12.1%

CNM outperformed XLI by -18.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 40d ago
CNM
-0.7%
XLI
+5.8%

Since the filing became public, CNM outperformed XLI by -6.5% .

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.

34 top-rated funds 6 high-conviction
Consensus
6.7
/ 10
breadth
×
Elite
3.9
/ 10
conviction
Hedge Fund Positioning: CNM
468 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 468 433 8.08%
13F Shares 193M 201M -3.62%
Total Value $9.15B $10.41B -12.06%
New Positions 86 83 +3
Increased Positions 159 121 +38
Closed Positions 51 71 -20
Reduced Positions 156 176 -20
Total Calls 7 10 -30.0%
Total Puts 3 8 -62.5%
PUT/CALL Ratio 0.43 0.8 Bullish

Statistics: CNM

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

468 + investors

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

QUARTER:
Top 25 CNM holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Camrose Capital Investment Partners LLP 14.66% 2,267,608 $112.0M
2 CDAM (UK) Ltd 13.84% 1,263,247 $62.4M
3 Circumference Group LLC 11.07% 100,000 $4.9M
4 ACK Asset Management LLC 5.55% 900,000 $44.5M
5 Forest Avenue Capital Management LP 5.30% 1,808,055 $89.3M
6 Sea Cliff Partners Management, LP 5.07% 198,694 $9.8M
7 Pembroke Management, LTD 5.05% 706,237 $34.9M
8 Goodnow Investment Group, LLC 4.08% 753,979 $37.2M
9 Spruce House Investment Management LLC 3.79% 2,150,000 $106.2M
10 Fernbridge Capital Management LP 3.71% 1,172,949 $57.9M
11 Dendur Capital LP 3.25% 898,000 $44.4M
12 Expect Equity LLC 2.22% 46,850 $2.3M
13 Two Creeks Capital Management, LP 2.06% 405,639 $20.0M
14 Interval Partners, LP 2.01% 1,550,693 $76.6M
15 Trigran Investments, Inc. 1.88% 159,368 $7.9M
16 Select Equity Group, L.P. 1.83% 7,254,207 $358.4M
17 South Street Advisors LLC 1.58% 220,730 $10.9M
18 Hill City Capital, LP 1.53% 867,600 $42.9M
19 Fiduciary Management Inc /Wi/ 1.52% 2,482,510 $122.6M
20 Samlyn Capital, LLC 1.49% 1,771,682 $87.5M
21 Nia Impact Advisors, LLC 1.43% 64,910 $3.2M
22 Findlay Park Partners LLP 1.37% 1,996,728 $98.6M
23 Liontrust Investment Partners LLP 1.33% 1,730,797 $89.9M
24 Enhancing Capital LLC 1.33% 36,331 $1.8M
25 Fox Hill Wealth Management 1.29% 54,252 $2.7M
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 — Core & Main Inc (CNM)

What does the Smart Money Trend signal show for CNM?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added CNM 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 CNM?

Slight buying edge — 54% buying: Last quarter: 246 funds bought or added vs 209 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 CNM holders?

Strong quality — 39% AUM from major funds: 57 of 464 holders rank in the top 100 by AUM, accounting for 39% 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 CNM?

50% of holders stayed for 2+ years: 232 out of 468 hedge funds have held CNM 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 Core & Main Inc (CNM) following the 2026 Q1 hedge fund 13F filings?

As of today, CNM has moved -0.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.8% for the XLI sector ETF — an outperformance of -6.5%. Since the quarter end (March 31, 2026), CNM has gained -6.0% vs +12.1% for XLI. 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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