Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

D R Horton Inc (DHI)

1K + Investors. Track Smart Money conviction in DHI. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -39
Streak
2Q ▼
Buyers last Q
47%

Smart Money Signals — DHI

Based on 1149 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 DHI 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 (96% of max)

96% of all-time peak
1,149 hedge funds hold DHI 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 — +6% more funds vs a year ago

fund count last 6Q
+67 new funds entered over the past year (+6% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 47% buying

540 buying611 selling
Last quarter: 611 funds reduced or exited vs 540 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.
⚠️

Fewer new buyers each quarter (-60 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 146 → 225 → 170 → 110. 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.
🔒

66% of holders stayed for 2+ years

■ 66% conviction (2yr+) ■ 19% medium ■ 15% new
757 out of 1,149 hedge funds have held DHI 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.
📊

Peak discovery — momentum slowing

136 → 146 → 225 → 170 → 110 new funds/Q
New funds entering each quarter: 146 → 225 → 170 → 110. DHI 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 — 71% veterans vs 18% newcomers

■ 71% veterans ■ 11% 1-2yr ■ 18% new
Entry-cohort mix of 1,194 holders: 842 (71%) are 2+ year veterans, 132 entered 1–2 years ago, and 220 (18%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 53% AUM from top-100 funds

53% from top-100 AUM funds
62 of 1142 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in DHI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — 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 — DHI

In 2026 Q1, 540 hedge funds were net buyers of DHI (110 opened a new position, 430 added to an existing one), while 611 reduced or exited (462 trimmed, 149 sold completely) — a 47% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 53% of total institutional value in DHI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -39 funds (more exits than new entries). Total institutional holders: 1149.

Hedge Fund Ownership: DHI

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

Market Analysis: DHI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: DHI

-- --

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

Is It Too Late to Buy D R Horton Inc (DHI) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much DHI 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 · 75d ago
DHI
+12.3%
XLY
+7.0%

DHI outperformed XLY by +5.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
DHI
+13.8%
XLY
+0.1%

Since the filing became public, DHI outperformed XLY by +13.7% .

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.

68 top-rated funds 7 high-conviction
Consensus
8.0
/ 10
breadth
×
Elite
4.6
/ 10
conviction
Hedge Fund Positioning: DHI
1K + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 1135 1188 -4.46%
13F Shares 240M 257M -6.68%
Total Value $32.62B $37.10B -12.08%
New Positions 106 170 -64
Increased Positions 412 395 +17
Closed Positions 159 178 -19
Reduced Positions 450 453 -3
Total Calls 25 29 -13.79%
Total Puts 27 31 -12.9%
PUT/CALL Ratio 1.08 1.07 Neutral

Statistics: DHI

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Beta (5Y Monthly) --
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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

1K + investors

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

QUARTER:
Top 25 DHI holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Two Point Capital Management, Inc. 7.86% 131,120 $18.0M
2 Greenhaven Associates Inc 7.84% 3,466,920 $475.7M
3 swisspartners Advisors Ltd 7.13% 83,240 $11.4M
4 Mountain Lake Investment Management LLC 5.81% 65,590 $9.0M
5 Horiko Capital Management LLC 4.70% 149,616 $20.4M
6 Mountaineer Partners Management, LLC 4.54% 66,541 $9.1M
7 Smead Capital Management, Inc. 4.47% 1,497,723 $205.5M
8 Baypointe Partners LLC 3.77% 20,000 $2.7M
9 Clough Capital Partners L P 3.42% 258,741 $35.5M
10 Harber Asset Management LLC 3.29% 37,438 $5.1M
11 Legacy Capital Wealth Partners, LLC 3.06% 108,370 $14.9M
12 Eastover Investment Advisors LLC 2.90% 49,348 $6.8M
13 Crake Asset Management LLP 2.77% 576,891 $79.2M
14 Sitrin Capital Management LLC 2.68% 38,903 $5.3M
15 Bcwm, LLC 2.61% 67,213 $9.2M
16 Brave Warrior Advisors, LLC 2.36% 693,561 $95.2M
17 Overbrook Management Corp 2.26% 87,119 $12.0M
18 William Allan Corp 2.24% 27,623 $3.8M
19 Argent Capital Management LLC 2.20% 507,523 $69.6M
20 Figure 8 Investment Strategies LLC 2.01% 14,993 $2.1M
21 Mader & Shannon Wealth Management, Inc. 1.99% 31,356 $4.3M
22 Windward Capital Management Co /Ca 1.99% 177,701 $24.4M
23 Atwood & Palmer Inc 1.84% 238,240 $32.7M
24 Pettee Investors, Inc. 1.70% 21,455 $3.3M
25 Third Avenue Management LLC 1.64% 73,836 $10.1M
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 — D R Horton Inc (DHI)

What does the Smart Money Trend signal show for DHI?

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

More sellers than buyers — 47% buying: Last quarter: 611 funds reduced or exited vs 540 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 DHI holders?

Elite ownership — 53% AUM from top-100 funds: 62 of 1142 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in DHI. 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 DHI?

66% of holders stayed for 2+ years: 757 out of 1,149 hedge funds have held DHI 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 D R Horton Inc (DHI) following the 2026 Q1 hedge fund 13F filings?

As of today, DHI has moved +13.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.1% for the XLY sector ETF — an outperformance of +13.7%. Since the quarter end (March 31, 2026), DHI has gained +12.3% vs +7.0% 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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