Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Compass Diversified (CODI)

175 + 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
↑ +1
Streak
1Q ▲
Buyers last Q
44%

Smart Money Signals — CODI

Based on 176 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, 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 — 74% of 3.0Y peak

74% of all-time peak
176 funds currently hold this stock — 74% 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 — 26% fewer funds vs a year ago

fund count last 6Q
63 fewer hedge funds hold CODI compared to a year ago (-26% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 44% buying

86 buying108 selling
Last quarter: 108 funds reduced or exited vs 86 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
📈

More new buyers each quarter (+14 vs last Q)

new funds entering per quarter
Funds opening a new CODI position: 53 → 31 → 26 → 40. 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+) ■ 23% medium ■ 21% new
98 out of 176 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 +95% but shares only +19% — price-driven

Value
+95%
Shares
+19%
Last quarter: the total dollar value of institutional holdings rose +95%, but actual share count only changed +19%. 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

38 → 53 → 31 → 26 → 40 new funds/Q
New funds entering each quarter: 53 → 31 → 26 → 40. CODI is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 66% veterans vs 25% newcomers

■ 66% veterans ■ 9% 1-2yr ■ 25% new
Entry-cohort mix of 185 holders: 122 (66%) are 2+ year veterans, 16 entered 1–2 years ago, and 47 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 33% AUM from major funds

33% from top-100 AUM funds
36 of 175 holders rank in the top 100 by AUM, accounting for 33% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.5
out of 10
Low Exit Risk
Exit risk score 2.5/10 — 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 Q1, 86 hedge funds were net buyers of CODI (40 opened a new position, 46 added to an existing one), while 108 reduced or exited (69 trimmed, 39 sold completely) — a 44% buyer ratio, indicating roughly balanced activity. 33% of total institutional value in CODI is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +1 funds (more new holders than closures). Total institutional holders: 176.

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 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 · 75d ago
CODI
+30.8%
XLI
+8.9%

CODI outperformed XLI by +21.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
CODI
-14.1%
XLI
+329.7%

Since the filing became public, CODI outperformed XLI by -343.8% .

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.

19 top-rated funds 1 high-conviction
Consensus
5.6
/ 10
breadth
×
Elite
1.5
/ 10
conviction
Hedge Fund Positioning: CODI
175 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 175 175 -
13F Shares 63M 53M 19.05%
Total Value $492M $252M 95.24%
New Positions 39 26 +13
Increased Positions 44 49 -5
Closed Positions 39 68 -29
Reduced Positions 64 75 -11
Total Calls 7 3 133.33%
Total Puts 3 5 -40.0%
PUT/CALL Ratio 0.43 1.67 Bullish

Statistics: CODI

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Financial Highlights

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Institutional Holders (2026 Q1)

175 + 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 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Western Standard LLC 12.97% 3,137,156 $24.7M
2 ADW Capital Management, LLC 11.46% 3,750,000 $29.5M
3 ADW Capital Management, LLC 5.35% 1,750,000 $13.8M
4 Mangrove Partners IM, LLC 2.34% 3,684,800 $29.0M
5 Potomac Capital Management, Inc. 1.66% 243,300 $1.9M
6 SG Capital Management LLC 1.46% 2,789,256 $21.9M
7 Divisadero Street Capital Management, LP 0.63% 1,930,254 $15.2M
8 Taconic Capital Advisors LP 0.63% 183,793 $1.4M
9 Essex Financial Services, Inc. 0.55% 1,249,530 $9.8M
10 Oak Family Advisors, LLC 0.39% 174,560 $1.4M
11 CenterBook Partners LP 0.29% 698,524 $5.5M
12 Cooper Investors Pty Ltd 0.13% 40,617 $319K
13 Magnolia Private Wealth, LLC 0.12% 22,299 $175K
14 Saba Capital Management, L.P. 0.09% 429,259 $3.4M
15 Dynamic Technology Lab Private Ltd 0.08% 62,879 $494K
16 Caption Management, LLC 0.06% 1,353,100 $10.6M
17 Kennedy Capital Management LLC 0.06% 360,756 $2.8M
18 Allspring Global Investments Holdings, LLC 0.06% 4,325,383 $35.4M
19 Y-Intercept (Hong Kong) Ltd 0.05% 364,022 $2.9M
20 Navellier & Associates Inc 0.05% 65,995 $519K
21 Atom Investors LP 0.05% 95,500 $751K
22 Sig Brokerage, LP 0.05% 250,000 $2.0M
23 K2 Principal Fund, L.P. 0.05% 90,891 $714K
24 Jacobs Levy Equity Management, Inc 0.05% 1,457,367 $11.5M
25 Nebula Research & Development LLC 0.05% 86,370 $542K
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 — 1 quarter in a row: For 1 consecutive quarter, 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?

More sellers than buyers — 44% buying: Last quarter: 108 funds reduced or exited vs 86 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for CODI holders?

Strong quality — 33% AUM from major funds: 36 of 175 holders rank in the top 100 by AUM, accounting for 33% 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?

56% of holders stayed for 2+ years: 98 out of 176 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 Q1 hedge fund 13F filings?

As of today, CODI has moved -14.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +329.7% for the XLI sector ETF — an outperformance of -343.8%. Since the quarter end (March 31, 2026), CODI has gained +30.8% vs +8.9% 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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