Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Delcath Sys Inc (DCTH)

117 + 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
60%

Smart Money Signals — DCTH

Based on 120 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their DCTH positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

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.
〰️

Stable — ownership unchanged year-over-year

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

More buyers than sellers — 60% buying

71 buying48 selling
Last quarter: 71 funds were net buyers (21 opened a brand new position + 50 added to an existing one). Only 48 were sellers (26 trimmed + 22 sold completely). A clear majority buying is a strong confirmation signal.
⚠️

Fewer new buyers each quarter (-6 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 31 → 18 → 27 → 21. 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.
🔄

Mostly new holders — 32% entered in last year

■ 22% conviction (2yr+) ■ 46% medium ■ 32% new
Only 27 funds (22%) 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.
💰

Value +44% but shares only +6% — price-driven

Value
+44%
Shares
+6%
Last quarter: the total dollar value of institutional holdings rose +44%, but actual share count only changed +6%. 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.
➡️

Steady discovery — ~21 new funds/quarter

49 → 31 → 18 → 27 → 21 new funds/Q
New funds entering each quarter: 31 → 18 → 27 → 21. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 29% veterans, 48% new entrants

■ 29% veterans ■ 23% 1-2yr ■ 48% new
Of 126 current holders: 37 (29%) held 2+ years, 29 held 1–2 years, 60 (48%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆

Elite ownership — 41% AUM from top-100 funds

41% from top-100 AUM funds
36 of 118 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in DCTH. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — 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 Q2, 71 hedge funds were net buyers of DCTH (21 opened a new position, 50 added to an existing one), while 48 reduced or exited (26 trimmed, 22 sold completely) — a 60% buyer ratio, indicating clear institutional accumulation. 41% of total institutional value in DCTH is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -1 funds (more exits than new entries). 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

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

8 top-rated funds 3 high-conviction
Consensus
4.1
/ 10
breadth
×
Elite
2.3
/ 10
conviction
Hedge Fund Positioning: DCTH
117 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 117 121 -3.31%
13F Shares 18M 17M 5.96%
Total Value $222M $154M 44.17%
New Positions 21 27 -6
Increased Positions 48 37 +11
Closed Positions 23 25 -2
Reduced Positions 24 35 -11
Total Calls 5 5 -
Total Puts 3 3 -
PUT/CALL Ratio 0.6 0.6 Bullish

Statistics: DCTH

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Institutional Holders (2026 Q2)

117 + 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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Rosalind Advisors, Inc. 15.44% 3,300,389 $41.6M
2 Propel Bio Management, LLC 5.74% 871,460 $11.0M
3 Lane Generational LLC 1.65% 149,663 $1.9M
4 Private Wealth Advisors, LLC 1.00% 310,863 $3.9M
5 Stonepine Capital Management, LLC 0.47% 100,000 $1.0M
6 Ikarian Capital, LLC 0.25% 185,667 $2.3M
7 Diametric Capital, LP 0.16% 122,841 $1.5M
8 Divisadero Street Capital Management, LP 0.14% 499,796 $6.3M
9 Capital Advisors Wealth Management, LLC 0.14% 93,000 $1.2M
10 ADAR1 Capital Management, LLC 0.13% 224,385 $2.8M
11 Fox Run Management, L.L.C. 0.13% 61,678 $777K
12 Algert Global LLC 0.09% 580,708 $7.3M
13 Palisades Investment Partners, LLC 0.08% 23,273 $293K
14 Simplify Asset Management Inc. 0.05% 264,770 $3.3M
15 Kennedy Capital Management LLC 0.05% 204,143 $2.6M
16 Xcelsior Advisor Partners LLC 0.04% 25,300 $319K
17 Pale Fire Capital SE 0.04% 40,085 $505K
18 SkyOak Wealth, LLC 0.03% 15,000 $189K
19 Quantbot Technologies LP 0.03% 59,560 $750K
20 ExodusPoint Capital Management, LP 0.03% 359,884 $4.5M
21 Tripletail Wealth Management, LLC 0.02% 1,260 $17K
22 Private Wealth Advisors, LLC 0.02% 5,000 $63K
23 Persistent Asset Partners Ltd 0.02% 4,206 $53K
24 Leonteq Securities AG 0.01% 27,699 $349K
25 WealthPlan Investment Management, LLC 0.01% 17,443 $220K
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?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their DCTH 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 DCTH?

More buyers than sellers — 60% buying: Last quarter: 71 funds were net buyers (21 opened a brand new position + 50 added to an existing one). Only 48 were sellers (26 trimmed + 22 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for DCTH holders?

Elite ownership — 41% AUM from top-100 funds: 36 of 118 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in DCTH. 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 DCTH?

Mostly new holders — 32% entered in last year: Only 27 funds (22%) 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.

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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