Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Dexcom Inc (DXCM)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +35
Streak
2Q ▲
Buyers last Q
55%

Smart Money Signals — DXCM

Based on 956 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added DXCM 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
956 hedge funds hold DXCM 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 — +5% more funds vs a year ago

fund count last 6Q
+46 new funds entered over the past year (+5% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction. The peak was reached in just 2 quarters from the low — a sharp move.
🟡

Slight buying edge — 55% buying

538 buying447 selling
Last quarter: 538 funds bought or added vs 447 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.
⚠️

Fewer new buyers each quarter (-21 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 131 → 109 → 170 → 149. 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.
🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 19% medium ■ 21% new
579 out of 956 hedge funds have held DXCM 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.
📈

Growing discovery — still being found

114 → 131 → 109 → 170 → 149 new funds/Q
New funds entering each quarter: 131 → 109 → 170 → 149. A growing number of institutions are discovering DXCM each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 66% veterans vs 23% newcomers

■ 66% veterans ■ 11% 1-2yr ■ 23% new
Entry-cohort mix of 1,000 holders: 658 (66%) are 2+ year veterans, 108 entered 1–2 years ago, and 234 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 50% AUM from top-100 funds

50% from top-100 AUM funds
66 of 951 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in DXCM. 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 — DXCM

In 2026 Q1, 538 hedge funds were net buyers of DXCM (149 opened a new position, 389 added to an existing one), while 447 reduced or exited (333 trimmed, 114 sold completely) — a 55% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 50% of total institutional value in DXCM is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +35 funds (more new holders than closures). Total institutional holders: 956.

Hedge Fund Ownership: DXCM

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

Market Analysis: DXCM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: DXCM

-- --

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

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

Signal Freshness measures how much DXCM 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 · 75d ago
DXCM
+20.0%
XLV
+4.9%

DXCM outperformed XLV by +15.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
DXCM
+22.3%
XLV
+6.0%

Since the filing became public, DXCM outperformed XLV by +16.3% .

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.

61 top-rated funds 3 high-conviction
Consensus
7.8
/ 10
breadth
×
Elite
3.5
/ 10
conviction
Hedge Fund Positioning: DXCM
950 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 950 921 3.15%
13F Shares 362M 377M -4.14%
Total Value $22.06B $24.75B -10.89%
New Positions 147 170 -23
Increased Positions 370 346 +24
Closed Positions 118 147 -29
Reduced Positions 320 307 +13
Total Calls 23 33 -30.3%
Total Puts 26 29 -10.34%
PUT/CALL Ratio 1.13 0.88 Neutral

Statistics: DXCM

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Valuation Measures Data as of: --

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

Financial Highlights

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Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

950 + investors

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

QUARTER:
Top 25 DXCM holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Tri Locum Partners LP 6.15% 698,158 $43.8M
2 Bridger Management, LLC 5.00% 101,893 $6.4M
3 Defilade Capital Management, L.P. 4.75% 538,762 $33.8M
4 Parkman Healthcare Partners LLC 4.47% 689,822 $43.3M
5 Sirios Capital Management L P 3.26% 428,342 $26.9M
6 Brooktree Capital Management 2.50% 50,278 $3.2M
7 MayTech Global Investments, LLC 2.29% 299,552 $18.8M
8 2Xideas AG 2.21% 89,980 $5.7M
9 Scholtz & Company, LLC 2.21% 68,648 $4.3M
10 Ellerson Group Inc /Adv 2.20% 53,400 $3.4M
11 Dsm Capital Partners LLC 2.14% 1,923,820 $120.8M
12 Kampmann Melissa S. 1.85% 36,780 $2.3M
13 Fisher Funds Management LTD 1.68% 910,584 $57.2M
14 Motley Fool Wealth Management, LLC 1.47% 206,321 $13.0M
15 Peregrine Capital Management LLC 1.44% 616,540 $38.7M
16 Ithaka Group LLC 1.38% 105,626 $6.6M
17 Mizuho Markets Americas LLC 1.37% 800,000 $50.2M
18 Avidity Partners Management LP 1.35% 100,000 $6.0M
19 Rock Springs Capital Management LP 1.32% 355,600 $22.3M
20 Chicago Capital, LLC 1.25% 737,625 $46.3M
21 Aurora Investment Counsel 1.24% 35,636 $2.2M
22 DAFNA Capital Management LLC 1.23% 86,279 $5.4M
23 Sectoral Asset Management Inc 1.21% 23,231 $1.5M
24 Isthmus Partners, LLC 1.20% 182,654 $11.5M
25 Taylor Frigon Capital Management LLC 1.20% 33,517 $2.1M
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 — Dexcom Inc (DXCM)

What does the Smart Money Trend signal show for DXCM?

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

Slight buying edge — 55% buying: Last quarter: 538 funds bought or added vs 447 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 DXCM holders?

Elite ownership — 50% AUM from top-100 funds: 66 of 951 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in DXCM. 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 DXCM?

61% of holders stayed for 2+ years: 579 out of 956 hedge funds have held DXCM 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 Dexcom Inc (DXCM) following the 2026 Q1 hedge fund 13F filings?

As of today, DXCM has moved +22.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to +6.0% for the XLV sector ETF — an outperformance of +16.3%. Since the quarter end (March 31, 2026), DXCM has gained +20.0% vs +4.9% for XLV. 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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