Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Coupang Inc (CPNG)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -47
Streak
2Q ▼
Buyers last Q
47%

Smart Money Signals — CPNG

Based on 606 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their CPNG positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 90% of 3.0Y peak

90% of all-time peak
606 funds currently hold this stock — 90% of the 3.0-year high of 673 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding CPNG is almost the same as a year ago (+4 funds, +1% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 47% buying

343 buying386 selling
Last quarter: 386 funds reduced or exited vs 343 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 (+15 vs last Q)

new funds entering per quarter
Funds opening a new CPNG position: 135 → 89 → 113 → 128. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

49% of holders stayed for 2+ years

■ 49% conviction (2yr+) ■ 27% medium ■ 25% new
295 out of 606 hedge funds have held CPNG 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.
💎

Buying through price weakness — shares -2%, value -21%

Value
-20%
Shares
-1%
Last quarter: funds added -2% more shares while total portfolio value only changed -21%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~128 new funds/quarter

84 → 135 → 89 → 113 → 128 new funds/Q
New funds entering each quarter: 135 → 89 → 113 → 128. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 54% veterans vs 28% newcomers

■ 54% veterans ■ 17% 1-2yr ■ 28% new
Entry-cohort mix of 654 holders: 356 (54%) are 2+ year veterans, 113 entered 1–2 years ago, and 185 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 35% AUM from major funds

35% from top-100 AUM funds
59 of 594 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — 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 — CPNG

In 2026 Q1, 343 hedge funds were net buyers of CPNG (128 opened a new position, 215 added to an existing one), while 386 reduced or exited (211 trimmed, 175 sold completely) — a 47% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 35% of total institutional value in CPNG is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -47 funds (more exits than new entries). Total institutional holders: 606.

Hedge Fund Ownership: CPNG

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

Market Analysis: CPNG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CPNG

-- --

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

Is It Too Late to Buy Coupang Inc (CPNG) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CPNG has moved relative to its sector benchmark (XLY) 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 · 79d ago
CPNG
-5.0%
XLY
+7.2%

CPNG outperformed XLY by -12.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
CPNG
+11.3%
XLY
+0.2%

Since the filing became public, CPNG outperformed XLY by +11.1% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

41 top-rated funds 17 high-conviction
Consensus
7.0
/ 10
breadth
×
Elite
5.7
/ 10
conviction
Hedge Fund Positioning: CPNG
601 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 601 653 -7.96%
13F Shares 1.40B 1.43B -1.76%
Total Value $25.82B $32.64B -20.9%
New Positions 126 113 +13
Increased Positions 206 220 -14
Closed Positions 178 133 +45
Reduced Positions 195 241 -46
Total Calls 36 32 12.5%
Total Puts 23 22 4.55%
PUT/CALL Ratio 0.64 0.69 Bullish

Statistics: CPNG

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

601 + investors

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

QUARTER:
Top 25 CPNG holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Wolfswood Holdings, LLC 83.03% 125,000 $2.4M
2 Sb Investment Advisers (uk) Ltd 70.74% 289,542,259 $5.47B
3 Massachusetts Institute of Technology 62.93% 19,230,611 $363.1M
4 Tree Line Advisors (Hong Kong) Ltd. 25.91% 3,300,000 $60.3M
5 Greenoaks Capital Partners LLC 21.13% 25,704,927 $485.3M
6 Dragoneer Investment Group, LLC 17.52% 27,852,856 $525.9M
7 Belfer Management LLC 17.03% 53,943 $1.0M
8 Whitebark Investors LP 16.15% 1,069,897 $20.2M
9 Kontiki Capital Management (HK) Ltd. 15.70% 11,859,311 $223.9M
10 Columbus Hill Capital Management, L.P. 15.61% 5,563,000 $105.0M
11 HMI Capital Management, L.P. 14.72% 5,881,100 $111.0M
12 Dream Peak Capital Ltd 13.93% 4,977,739 $94.0M
13 TFJ Management, LLC 13.01% 974,307 $18.4M
14 Long Walk Management LP 11.88% 2,162,500 $40.8M
15 Coronation Fund Managers Ltd. 10.13% 11,771,286 $222.2M
16 Foxhaven Asset Management, LP 8.80% 14,848,868 $280.3M
17 Tiger Pacific Capital LP 8.78% 1,905,440 $36.0M
18 Nellore Capital Management LLC 8.06% 3,340,975 $63.1M
19 TFJ Management, LLC 7.74% 579,600 $10.9M
20 Madison Avenue Partners, LP 7.69% 9,363,621 $176.8M
21 Untitled Investments LP 7.62% 1,084,277 $20.5M
22 MIC Capital Management UK LLP 7.57% 1,412,946 $26.7M
23 Gavilan Investment Partners LLC 7.43% 1,465,000 $27.7M
24 Rubicon Global Capital Ltd 6.94% 862,390 $16.3M
25 Eminence Capital, LP 6.71% 15,510,784 $292.8M
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 — Coupang Inc (CPNG)

What does the Smart Money Trend signal show for CPNG?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their CPNG 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 CPNG?

More sellers than buyers — 47% buying: Last quarter: 386 funds reduced or exited vs 343 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 CPNG holders?

Strong quality — 35% AUM from major funds: 59 of 594 holders rank in the top 100 by AUM, accounting for 35% 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 CPNG?

49% of holders stayed for 2+ years: 295 out of 606 hedge funds have held CPNG 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 Coupang Inc (CPNG) following the 2026 Q1 hedge fund 13F filings?

As of today, CPNG has moved +11.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the XLY sector ETF — an outperformance of +11.1%. Since the quarter end (March 31, 2026), CPNG has gained -5.0% vs +7.2% for XLY. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to 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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