Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Electrovaya Inc (ELVA)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +16
Streak
4Q ▲
Buyers last Q
57%

Smart Money Signals — ELVA

Based on 72 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added ELVA 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
72 hedge funds hold ELVA 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 — +227% more funds vs a year ago

fund count last 6Q
+50 new funds entered over the past year (+227% 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.
🟡

Slight buying edge — 57% buying

41 buying31 selling
Last quarter: 41 funds bought or added vs 31 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.
➡️

Steady new buyers — ~24 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 4 → 25 → 22 → 24. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 65% entered in last year

■ 15% conviction (2yr+) ■ 19% medium ■ 65% new
Only 11 funds (15%) 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.
🚀

Acceleration phase — new buyers rushing in

4 → 4 → 25 → 22 → 24 new funds/Q
New funds entering each quarter: 4 → 25 → 22 → 24. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🌱

Early stage — 66% of holders entered in last year

■ 21% veterans ■ 13% 1-2yr ■ 66% new
Of 77 current holders: 51 (66%) entered in the past year, only 16 (21%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
🏆

Elite ownership — 52% AUM from top-100 funds

52% from top-100 AUM funds
21 of 72 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in ELVA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
6.6
out of 10
Moderate Exit Risk
Exit risk score 6.6/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 — ELVA

In 2026 Q1, 41 hedge funds were net buyers of ELVA (24 opened a new position, 17 added to an existing one), while 31 reduced or exited (23 trimmed, 8 sold completely) — a 57% buyer ratio, indicating a slight buying edge. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 52% of total institutional value in ELVA is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +16 funds (more new holders than closures). Total institutional holders: 72.

Hedge Fund Ownership: ELVA

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

Market Analysis: ELVA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ELVA

-- --

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

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

Signal Freshness measures how much ELVA has moved relative to its sector benchmark (XLI) 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 · 83d ago
ELVA
+32.2%
XLI
+12.4%

ELVA outperformed XLI by +19.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 38d ago
ELVA
+8.3%
XLI
+6.1%

Since the filing became public, ELVA outperformed XLI by +2.2% .

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.

5 top-rated funds 3 high-conviction
Consensus
3.4
/ 10
breadth
×
Elite
2.5
/ 10
conviction
Hedge Fund Positioning: ELVA
72 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 72 56 28.57%
13F Shares 14M 11M 29.12%
Total Value $100M $86M 16.52%
New Positions 24 22 +2
Increased Positions 17 24 -7
Closed Positions 8 14 -6
Reduced Positions 22 2 +20
Total Calls 2 0 100%
Total Puts 3 0 100%
PUT/CALL Ratio 1.5 0.0 Bearish

Statistics: ELVA

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

Financial Highlights

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Institutional Holders (2026 Q1)

72 + investors

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

QUARTER:
Top 25 ELVA holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Penbrook Management LLC 1.74% 295,356 $2.3M
2 HERALD INVESTMENT MANAGEMENT Ltd 1.25% 1,150,000 $9.0M
3 Caldwell Investment Management Ltd. 1.13% 398,000 $2.9M
4 WealthTrust Axiom LLC 0.97% 504,357 $3.9M
5 MYDA Advisors LLC 0.34% 266,423 $2.1M
6 Triasima Portfolio Management inc. 0.32% 270,615 $2.1M
7 Huntleigh Advisors, Inc. 0.21% 155,661 $1.2M
8 Thompson Davis & CO., INC. 0.20% 37,925 $297K
9 Polar Asset Management Partners Inc. 0.12% 755,723 $5.9M
10 Granahan Investment Management, LLC 0.08% 200,195 $1.6M
11 Gagnon Securities LLC 0.05% 26,257 $205K
12 Picton Mahoney Asset Management 0.05% 807,547 $6.3M
13 Conestoga Capital Advisors, LLC 0.04% 263,320 $2.1M
14 Mraz, Amerine & Associates, Inc. 0.03% 27,625 $216K
15 Summit Wealth Group LLC / Co 0.02% 21,200 $166K
16 Penn Capital Management Company, LLC 0.02% 27,873 $218K
17 NLB Skladi, upravljanje premozenja, d.o.o. 0.01% 30,000 $235K
18 Regal Investment Advisors LLC 0.01% 14,772 $116K
19 Northwest & Ethical Investments L.P. 0.01% 29,156 $235K
20 XTX Topco Ltd 0.00% 31,392 $245K
21 Lazard Asset Management LLC 0.00% 249,429 $2.0M
22 Engineers Gate Manager LP 0.00% 24,801 $194K
23 Fmr LLC 0.00% 5,287,623 $41.3M
24 Nbt Bank N A /Ny 0.00% 3,696 $29K
25 Pacifica Partners Inc. 0.00% 400 $3K
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 — Electrovaya Inc (ELVA)

What does the Smart Money Trend signal show for ELVA?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added ELVA 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 ELVA?

Slight buying edge — 57% buying: Last quarter: 41 funds bought or added vs 31 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 ELVA holders?

Elite ownership — 52% AUM from top-100 funds: 21 of 72 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in ELVA. 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 ELVA?

Mostly new holders — 65% entered in last year: Only 11 funds (15%) 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 Electrovaya Inc (ELVA) following the 2026 Q1 hedge fund 13F filings?

As of today, ELVA has moved +8.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to +6.1% for the XLI sector ETF — an outperformance of +2.2%. Since the quarter end (March 31, 2026), ELVA has gained +32.2% vs +12.4% for XLI. 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.

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