Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Ecopetrol S A (EC)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +23
Streak
2Q ▲
Buyers last Q
61%

Smart Money Signals — EC

Based on 161 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 EC 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
161 hedge funds hold EC 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.
🚀

Fast accumulation — +25% more funds vs a year ago

fund count last 6Q
+32 new funds entered over the past year (+25% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 61% buying

98 buying63 selling
Last quarter: 98 funds were net buyers (45 opened a brand new position + 53 added to an existing one). Only 63 were sellers (41 trimmed + 22 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+26 vs last Q)

new funds entering per quarter
Funds opening a new EC position: 30 → 24 → 19 → 45. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

52% of holders stayed for 2+ years

■ 52% conviction (2yr+) ■ 22% medium ■ 26% new
84 out of 161 hedge funds have held EC 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.
💰

Value +81% but shares only +23% — price-driven

Value
+81%
Shares
+22%
Last quarter: the total dollar value of institutional holdings rose +81%, but actual share count only changed +23%. 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.
📈

Growing discovery — still being found

31 → 30 → 24 → 19 → 45 new funds/Q
New funds entering each quarter: 30 → 24 → 19 → 45. A growing number of institutions are discovering EC each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 62% veterans vs 28% newcomers

■ 62% veterans ■ 10% 1-2yr ■ 28% new
Entry-cohort mix of 173 holders: 108 (62%) are 2+ year veterans, 17 entered 1–2 years ago, and 48 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 35% AUM from major funds

35% from top-100 AUM funds
31 of 161 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — 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 — EC

In 2026 Q1, 98 hedge funds were net buyers of EC (45 opened a new position, 53 added to an existing one), while 63 reduced or exited (41 trimmed, 22 sold completely) — a 61% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. 35% of total institutional value in EC is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +23 funds (more new holders than closures). Total institutional holders: 161.

Hedge Fund Ownership: EC

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

Market Analysis: EC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: EC

-- --

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

Is It Too Late to Buy Ecopetrol S A (EC) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much EC has moved relative to its sector benchmark (XLE) 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 · 81d ago
EC
+10.6%
XLE
-12.2%

EC outperformed XLE by +22.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 36d ago
EC
+26.7%
XLE
-9.5%

Since the filing became public, EC outperformed XLE by +36.2% .

Interpretation: The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

15 top-rated funds 0 high-conviction
Consensus
5.2
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: EC
159 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 159 138 15.22%
13F Shares 29M 24M 21.66%
Total Value $428M $238M 79.47%
New Positions 43 19 +24
Increased Positions 51 53 -2
Closed Positions 22 15 +7
Reduced Positions 39 46 -7
Total Calls 6 4 50.0%
Total Puts 6 3 100.0%
PUT/CALL Ratio 1.0 0.75 Neutral

Statistics: EC

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

Financial Highlights

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Institutional Holders (2026 Q1)

159 + investors

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

QUARTER:
Top 25 EC holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Truffle Hound Capital, LLC 2.14% 550,000 $8.2M
2 Wealth High Governance Asset Management Ltda. 0.73% 137,208 $2.1M
3 Wealth High Governance Capital Ltda 0.73% 161,246 $2.4M
4 Barometer Capital Management INC. 0.53% 109,000 $1.6M
5 Kerrisdale Advisers, LLC 0.39% 67,555 $1.0M
6 Carrera Capital Advisors 0.35% 152,418 $2.3M
7 Aventail Capital Group, LP 0.33% 460,202 $6.9M
8 O'Brien Greene & Co. Inc 0.27% 64,000 $959K
9 Banco BTG Pactual S.A. 0.24% 185,952 $2.8M
10 Larry Mathis Financial Planning, LLC 0.17% 12,693 $190K
11 Pekin Hardy Strauss, Inc. 0.17% 108,524 $1.6M
12 Caitong International Asset Management Co., Ltd 0.14% 51,084 $766K
13 R Squared Ltd 0.14% 16,738 $251K
14 CWA Asset Management Group, LLC 0.13% 248,429 $3.7M
15 EntryPoint Capital, LLC 0.09% 20,207 $303K
16 XTX Topco Ltd 0.08% 312,103 $4.7M
17 BW Gestao de Investimentos Ltda. 0.08% 161,246 $2.4M
18 Fox Run Management, L.L.C. 0.07% 26,431 $396K
19 Brooklyn Investment Group 0.07% 144,018 $2.2M
20 Glenorchy Capital Ltd 0.06% 72,700 $1.1M
21 Connor, Clark & Lunn Investment Management Ltd. 0.05% 1,548,879 $23.2M
22 SBI Securities Co., Ltd. 0.05% 125,750 $1.9M
23 Ping Capital Management, INC. 0.05% 12,000 $180K
24 Bridgefront Capital, LLC 0.05% 13,016 $195K
25 Stokes Family Office, LLC 0.05% 30,425 $456K
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 — Ecopetrol S A (EC)

What does the Smart Money Trend signal show for EC?

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

More buyers than sellers — 61% buying: Last quarter: 98 funds were net buyers (45 opened a brand new position + 53 added to an existing one). Only 63 were sellers (41 trimmed + 22 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for EC holders?

Strong quality — 35% AUM from major funds: 31 of 161 holders rank in the top 100 by AUM, accounting for 35% 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 EC?

52% of holders stayed for 2+ years: 84 out of 161 hedge funds have held EC 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 Ecopetrol S A (EC) following the 2026 Q1 hedge fund 13F filings?

As of today, EC has moved +26.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to -9.5% for the XLE sector ETF — an outperformance of +36.2%. Since the quarter end (March 31, 2026), EC has gained +10.6% vs -12.2% for XLE. The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors.

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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