Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Delcath Sys Inc (DCTH)

119 + Investors. Track Smart Money conviction in DCTH. 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
52%

Smart Money Signals — DCTH

Based on 120 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 DCTH 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 (97% of max)

97% of all-time peak
120 hedge funds hold DCTH 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 — +20% more funds vs a year ago

fund count last 6Q
+20 new funds entered over the past year (+20% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 52% buying

66 buying61 selling
Last quarter: 66 funds bought or added vs 61 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.
📈

More new buyers each quarter (+9 vs last Q)

new funds entering per quarter
Funds opening a new DCTH position: 49 → 31 → 18 → 27. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 36% entered in last year

■ 23% conviction (2yr+) ■ 41% medium ■ 36% new
Only 28 funds (23%) 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.
📊

Peak discovery — momentum slowing

20 → 49 → 31 → 18 → 27 new funds/Q
New funds entering each quarter: 49 → 31 → 18 → 27. DCTH is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
📊

Mixed cohorts — 30% veterans, 51% new entrants

■ 30% veterans ■ 19% 1-2yr ■ 51% new
Of 127 current holders: 38 (30%) held 2+ years, 24 held 1–2 years, 65 (51%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
✅

Strong quality — 23% AUM from major funds

23% from top-100 AUM funds
32 of 119 holders rank in the top 100 by AUM, accounting for 23% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — 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 — DCTH

In 2026 Q1, 66 hedge funds were net buyers of DCTH (27 opened a new position, 39 added to an existing one), while 61 reduced or exited (35 trimmed, 26 sold completely) — a 52% buyer ratio, indicating a slight buying edge. 23% of total institutional value in DCTH 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: 120.

Hedge Fund Ownership: DCTH

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

Market Analysis: DCTH

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: DCTH

-- --

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

Is It Too Late to Buy Delcath Sys Inc (DCTH) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much DCTH has moved relative to its sector benchmark (XLV) 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 · 78d ago
DCTH
+24.4%
XLV
+4.3%

DCTH outperformed XLV by +20.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
DCTH
+4.2%
XLV
+5.4%

Since the filing became public, DCTH outperformed XLV by -1.2% .

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.

14 top-rated funds 3 high-conviction
Consensus
5.1
/ 10
breadth
×
Elite
2.4
/ 10
conviction
Hedge Fund Positioning: DCTH
119 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 119 119 -
13F Shares 17M 17M -3.11%
Total Value $154M $174M -11.62%
New Positions 26 18 +8
Increased Positions 36 45 -9
Closed Positions 26 23 +3
Reduced Positions 35 34 +1
Total Calls 5 2 150.0%
Total Puts 3 3 -
PUT/CALL Ratio 0.6 1.5 Bullish

Statistics: DCTH

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

119 + investors

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

QUARTER:
Top 25 DCTH holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Rosalind Advisors, Inc. 12.31% 3,300,389 $30.6M
2 Propel Bio Management, LLC 5.77% 979,698 $9.2M
3 Private Wealth Advisors, LLC 1.54% 591,524 $5.5M
4 Lane Generational LLC 1.52% 205,092 $1.9M
5 Diametric Capital, LP 0.38% 156,481 $1.5M
6 Stonepine Capital Management, LLC 0.37% 100,000 $928K
7 Ikarian Capital, LLC 0.32% 431,251 $4.0M
8 Tripletail Wealth Management, LLC 0.24% 18,383 $177K
9 Divisadero Street Capital Management, LP 0.19% 499,796 $4.6M
10 ADAR1 Capital Management, LLC 0.12% 224,385 $2.1M
11 Capital Advisors Wealth Management, LLC 0.12% 93,000 $863K
12 Hunting Hill Global Capital, LLC 0.08% 11,284 $105K
13 EntryPoint Capital, LLC 0.07% 25,030 $232K
14 Palisades Investment Partners, LLC 0.05% 13,763 $128K
15 Kennedy Capital Management LLC 0.04% 207,923 $1.9M
16 Simplify Asset Management Inc. 0.04% 261,126 $2.4M
17 Pale Fire Capital SE 0.03% 40,085 $372K
18 SkyOak Wealth, LLC 0.03% 15,000 $139K
19 Royce & Associates LP 0.02% 195,000 $1.8M
20 Prelude Capital Management, LLC 0.02% 24,296 $225K
21 Boothbay Fund Management, LLC 0.01% 81,896 $760K
22 Aquatic Capital Management LLC 0.01% 36,343 $337K
23 WealthPlan Investment Management, LLC 0.01% 17,443 $162K
24 Nbc Securities, INC. 0.01% 11,954 $111K
25 Caption Management, LLC 0.01% 150,500 $1.4M
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 — Delcath Sys Inc (DCTH)

What does the Smart Money Trend signal show for DCTH?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added DCTH 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 DCTH?

Slight buying edge — 52% buying: Last quarter: 66 funds bought or added vs 61 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 DCTH holders?

Strong quality — 23% AUM from major funds: 32 of 119 holders rank in the top 100 by AUM, accounting for 23% 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 DCTH?

Mostly new holders — 36% entered in last year: Only 28 funds (23%) 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 Delcath Sys Inc (DCTH) following the 2026 Q1 hedge fund 13F filings?

As of today, DCTH has moved +4.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.4% for the XLV sector ETF — an outperformance of -1.2%. Since the quarter end (March 31, 2026), DCTH has gained +24.4% vs +4.3% for XLV. 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.

Full history →