Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Compass Diversified (CODI)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +6
Streak
2Q ▲
Buyers last Q
51%

Smart Money Signals — CODI

Based on 182 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added CODI 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.
📊

High ownership — 76% of 3.0Y peak

76% of all-time peak
182 funds currently hold this stock — 76% of the 3.0-year high of 239 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 18% fewer funds vs a year ago

fund count last 6Q
40 fewer hedge funds hold CODI compared to a year ago (-18% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 51% buying

91 buying89 selling
Last quarter: 91 funds bought or added vs 89 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 (-9 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 31 → 26 → 40 → 31. 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.
🔒

55% of holders stayed for 2+ years

■ 55% conviction (2yr+) ■ 24% medium ■ 21% new
101 out of 182 hedge funds have held CODI 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 +64% but shares only +21% — price-driven

Value
+63%
Shares
+21%
Last quarter: the total dollar value of institutional holdings rose +64%, but actual share count only changed +21%. 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.
📈

Growing discovery — still being found

53 → 31 → 26 → 40 → 31 new funds/Q
New funds entering each quarter: 31 → 26 → 40 → 31. A growing number of institutions are discovering CODI each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 65% veterans vs 25% newcomers

■ 65% veterans ■ 9% 1-2yr ■ 25% new
Entry-cohort mix of 193 holders: 126 (65%) are 2+ year veterans, 18 entered 1–2 years ago, and 49 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 38% AUM from major funds

38% from top-100 AUM funds
40 of 179 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.3
out of 10
Low Exit Risk
Exit risk score 2.3/10 — 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 — CODI

In 2026 Q2, 91 hedge funds were net buyers of CODI (31 opened a new position, 60 added to an existing one), while 89 reduced or exited (64 trimmed, 25 sold completely) — a 51% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 38% of total institutional value in CODI is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +6 funds (more new holders than closures). Total institutional holders: 182.

Hedge Fund Ownership: CODI

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

Market Analysis: CODI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CODI

-- --

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

Is It Too Late to Buy Compass Diversified (CODI) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CODI has moved relative to its sector benchmark (XLI) since the 2026 Q2 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 June 30, 2026 · 89d ago
CODI
+5.5%
XLI
-8.2%

CODI outperformed XLI by +13.7% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 44d ago
CODI
-11.5%
XLI
-8.8%

Since the filing became public, CODI outperformed XLI by -2.7% .

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.

11 top-rated funds 2 high-conviction
Consensus
4.7
/ 10
breadth
×
Elite
1.6
/ 10
conviction
Hedge Fund Positioning: CODI
177 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 177 176 0.57%
13F Shares 76M 63M 21.13%
Total Value $804M $492M 63.46%
New Positions 31 40 -9
Increased Positions 58 44 +14
Closed Positions 27 39 -12
Reduced Positions 58 64 -6
Total Calls 10 7 42.86%
Total Puts 4 3 33.33%
PUT/CALL Ratio 0.4 0.43 Bullish

Statistics: CODI

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Valuation Measures Data as of: --

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

177 + investors

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

QUARTER:
Top 25 CODI holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 ADW Capital Management, LLC 24.54% 10,750,000 $114.6M
2 Western Standard LLC 9.57% 2,651,950 $28.3M
3 ADW Capital Management, LLC 8.56% 3,750,000 $40.0M
4 Greenhaven Road Investment Management, L.P. 4.55% 657,596 $7.0M
5 Mangrove Partners IM, LLC 2.58% 3,684,800 $39.3M
6 SG Capital Management LLC 2.16% 2,453,639 $26.2M
7 Potomac Capital Management, Inc. 1.20% 165,000 $1.8M
8 Essex Financial Services, Inc. 0.66% 1,247,166 $13.3M
9 Divisadero Street Capital Management, LP 0.20% 827,298 $8.8M
10 CenterBook Partners LP 0.18% 341,954 $3.6M
11 Caption Management, LLC 0.14% 2,731,900 $29.1M
12 Magnolia Private Wealth, LLC 0.13% 22,299 $238K
13 Oak Family Advisors, LLC 0.11% 39,137 $417K
14 Saba Capital Management, L.P. 0.10% 356,181 $3.8M
15 J. Goldman & Co LP 0.09% 335,000 $3.6M
16 Atom Investors LP 0.08% 87,118 $929K
17 Allspring Global Investments Holdings, LLC 0.07% 3,815,756 $44.2M
18 Kennedy Capital Management LLC 0.07% 354,062 $3.8M
19 Navellier & Associates Inc 0.06% 65,995 $704K
20 Dynamic Technology Lab Private Ltd 0.05% 22,554 $240K
21 Sig Brokerage, LP 0.05% 250,000 $2.7M
22 Caption Management, LLC 0.05% 1,010,000 $10.8M
23 Jacobs Levy Equity Management, Inc 0.04% 1,163,994 $12.4M
24 Y-Intercept (Hong Kong) Ltd 0.04% 181,898 $1.9M
25 North Star Investment Management Corp. 0.04% 61,295 $653K
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 — Compass Diversified (CODI)

What does the Smart Money Trend signal show for CODI?

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

Slight buying edge — 51% buying: Last quarter: 91 funds bought or added vs 89 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 CODI holders?

Strong quality — 38% AUM from major funds: 40 of 179 holders rank in the top 100 by AUM, accounting for 38% 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 CODI?

55% of holders stayed for 2+ years: 101 out of 182 hedge funds have held CODI 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 Compass Diversified (CODI) following the 2026 Q2 hedge fund 13F filings?

As of today, CODI has moved -11.5% since the 2026 Q2 13F filing date (August 14, 2026), compared to -8.8% for the XLI sector ETF — an outperformance of -2.7%. Since the quarter end (June 30, 2026), CODI has gained +5.5% vs -8.2% 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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