Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

THEMES ETF TR (CRWG)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +11
Streak
2Q ▲
Buyers last Q
79%

Smart Money Signals — CRWG

Based on 22 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 2Q
For 2 consecutive quarters, more hedge funds added CRWG 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
22 hedge funds hold CRWG right now — the highest count in 0.8 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.
🟢

More buyers than sellers — 79% buying

22 buying6 selling
Last quarter: 22 funds were net buyers (14 opened a brand new position + 8 added to an existing one). Only 6 were sellers (3 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+10 vs last Q)

new funds entering per quarter
Funds opening a new CRWG position: 4 → 14. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 82% entered in last year

■ 0% conviction (2yr+) ■ 18% medium ■ 82% new
Only 0 funds (0%) 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.
💎

Buying through price weakness — shares +368%, value +301%

Value
+301%
Shares
+368%
Last quarter: funds added +368% more shares while total portfolio value only changed +301%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
🌱

Early stage — 100% of holders entered in last year

■ 0% veterans ■ 0% 1-2yr ■ 100% new
Of 28 current holders: 28 (100%) entered in the past year, only 0 (0%) 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.
🏆

Elite ownership — 62% AUM from top-100 funds

62% from top-100 AUM funds
6 of 22 holders are among the 100 largest funds by AUM, controlling 62% of total institutional value in CRWG. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
5.0
out of 10
Moderate Exit Risk
Exit risk score 5.0/10 — 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 — CRWG

In 2026 Q1, 22 hedge funds were net buyers of CRWG (14 opened a new position, 8 added to an existing one), while 6 reduced or exited (3 trimmed, 3 sold completely) — a 79% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. 62% of total institutional value in CRWG is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +11 funds (more new holders than closures). Total institutional holders: 22.

Hedge Fund Ownership: CRWG

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

Market Analysis: CRWG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CRWG

-- --

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

Is It Too Late to Buy THEMES ETF TR (CRWG) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CRWG 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 · 58d ago
CRWG
+1571.8%
SPY
+15.4%

CRWG outperformed SPY by +1556.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 13d ago
CRWG
-5.5%
SPY
+1.5%

Since the filing became public, CRWG outperformed SPY by -7.0% .

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.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
0.0
/ 10
conviction
Hedge Fund Positioning: CRWG
22 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 22 11 100.0%
13F Shares 4M 862K 368.4%
Total Value $9M $2M 300.97%
New Positions 14 4 +10
Increased Positions 8 3 +5
Closed Positions 3 2 +1
Reduced Positions 0 4 -4
Total Calls 4 3 33.33%
Total Puts 3 3 -
PUT/CALL Ratio 0.75 1.0 Neutral

Statistics: CRWG

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Financial Highlights

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Institutional Holders (2026 Q1)

22 + investors

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

QUARTER:
Top 25 institutional holders of CRWG — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Scientech Research LLC 0.08% 40,703 $96K
2 GTS SECURITIES LLC 0.02% 186,233 $441K
3 XTX Topco Ltd 0.01% 332,104 $787K
4 StoneX Group Inc. 0.01% 83,934 $199K
5 Gladstone Institutional Advisory LLC 0.01% 90,000 $213K
6 Virtu Financial LLC 0.01% 62,496 —
7 Balboa Wealth Partners 0.00% 10,000 $24K
8 DRW Securities, LLC 0.00% 111,343 $264K
9 TWO SIGMA SECURITIES, LLC 0.00% 10,279 $24K
10 FLOW TRADERS U.S. LLC 0.00% 22,772 —
11 HRT FINANCIAL LP 0.00% 203,988 $483K
12 SBI Securities Co., Ltd. 0.00% 7,419 $18K
13 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% 10,508 $25K
14 IMC-Chicago, LLC 0.00% 347,675 $824K
15 JANE STREET GROUP, LLC 0.00% 878,205 $2.1M
16 CITADEL ADVISORS LLC 0.00% 374,900 $889K
17 Optiver Holding B.V. 0.00% 127,496 $302K
18 Belvedere Trading LLC 0.00% 35,622 $84K
19 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 266,400 $631K
20 MERCER GLOBAL ADVISORS INC /ADV 0.00% 20,000 $47K
21 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 263,600 $625K
22 CITADEL ADVISORS LLC 0.00% 130,700 $310K
23 JANE STREET GROUP, LLC 0.00% 145,800 $346K
24 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 162,645 $385K
25 JANE STREET GROUP, LLC 0.00% 85,100 $202K
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 — THEMES ETF TR (CRWG)

What does the Smart Money Trend signal show for CRWG?

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

More buyers than sellers — 79% buying: Last quarter: 22 funds were net buyers (14 opened a brand new position + 8 added to an existing one). Only 6 were sellers (3 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for CRWG holders?

Elite ownership — 62% AUM from top-100 funds: 6 of 22 holders are among the 100 largest funds by AUM, controlling 62% of total institutional value in CRWG. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CRWG?

Mostly new holders — 82% entered in last year: Only 0 funds (0%) 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 THEMES ETF TR (CRWG) following the 2026 Q1 hedge fund 13F filings?

As of today, CRWG has moved -5.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.5% for the SPY sector ETF — an outperformance of -7.0%. Since the quarter end (March 31, 2026), CRWG has gained +1571.8% vs +15.4% 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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