Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Enphase Energy Inc (ENPH)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +44
Streak
2Q ▲
Buyers last Q
51%

Smart Money Signals — ENPH

Based on 540 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added ENPH 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.
📊

High ownership — 73% of 3.0Y peak

73% of all-time peak
540 funds currently hold this stock — 73% of the 3.0-year high of 739 funds (reached 2023 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding ENPH is almost the same as a year ago (+9 funds, +2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 51% buying

302 buying292 selling
Last quarter: 302 funds bought or added vs 292 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.
📈

More new buyers each quarter (+38 vs last Q)

new funds entering per quarter
Funds opening a new ENPH position: 77 → 84 → 99 → 137. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 15% medium ■ 21% new
345 out of 540 hedge funds have held ENPH 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 +34% but shares only +7% — price-driven

Value
+34%
Shares
+7%
Last quarter: the total dollar value of institutional holdings rose +34%, but actual share count only changed +7%. 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

87 → 77 → 84 → 99 → 137 new funds/Q
New funds entering each quarter: 77 → 84 → 99 → 137. A growing number of institutions are discovering ENPH each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 72% veterans vs 19% newcomers

■ 72% veterans ■ 8% 1-2yr ■ 19% new
Entry-cohort mix of 602 holders: 436 (72%) are 2+ year veterans, 50 entered 1–2 years ago, and 116 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 60% AUM from top-100 funds

60% from top-100 AUM funds
62 of 531 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in ENPH. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.3
out of 10
Low Exit Risk
Exit risk score 2.3/10 — 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 — ENPH

In 2026 Q2, 302 hedge funds were net buyers of ENPH (137 opened a new position, 165 added to an existing one), while 292 reduced or exited (199 trimmed, 93 sold completely) — a 51% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 60% of total institutional value in ENPH is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +44 funds (more new holders than closures). Total institutional holders: 540.

Hedge Fund Ownership: ENPH

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

Market Analysis: ENPH

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ENPH

-- --

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.

23 top-rated funds 4 high-conviction
Consensus
6.0
/ 10
breadth
×
Elite
3.5
/ 10
conviction
Hedge Fund Positioning: ENPH
525 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 525 496 5.85%
13F Shares 153M 149M 2.23%
Total Value $7.28B $5.54B 31.45%
New Positions 136 99 +37
Increased Positions 148 157 -9
Closed Positions 98 67 +31
Reduced Positions 184 170 +14
Total Calls 40 31 29.03%
Total Puts 31 28 10.71%
PUT/CALL Ratio 0.78 0.9 Neutral

Statistics: ENPH

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Institutional Holders (2026 Q2)

525 + investors

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

QUARTER:
Top 25 ENPH holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Palo Duro Investment Partners, LP 6.30% 663,389 $32.7M
2 Arosa Capital Management LP 5.84% 665,000 $32.7M
3 REX Advisers, LLC 4.23% 38,000 $1.9M
4 Bourgeon Capital Management LLC 2.73% 376,929 $18.6M
5 Pembroke Management, LTD 2.67% 345,870 $17.0M
6 Westerly Capital Management, LLC 2.50% 275,000 $13.5M
7 Potrero Capital Research LLC 2.35% 85,840 $4.2M
8 Gilder Gagnon Howe & Co LLC 1.77% 3,478,961 $171.3M
9 Slate Path Capital LP 1.76% 2,587,170 $127.4M
10 Sphera Management Technology Funds Ltd 1.64% 95,320 $4.7M
11 Robeco Schweiz AG 1.63% 2,061,745 $101.5M
12 Vennlight Capital Management, LP 1.59% 48,300 $2.4M
13 SIR Capital Management, L.P. 1.25% 220,508 $10.9M
14 Ardsley Advisory Partners LP 1.12% 220,000 $10.8M
15 Firsthand Capital Management, Inc. 1.02% 13,000 $640K
16 12 West Capital Management LP 0.92% 100,000 $4.9M
17 HITE Hedge Asset Management LLC 0.91% 336,483 $16.6M
18 Stelac Advisory Services LLC 0.86% 93,575 $4.6M
19 Leibman Financial Services, Inc. 0.78% 23,944 $1.2M
20 Kimelman & Baird, LLC 0.75% 204,838 $10.1M
21 CoreCommodity Management, LLC 0.70% 70,890 $3.5M
22 Liberty Wealth Management LLC 0.69% 146,338 $5.5M
23 Ground Swell Capital, LLC 0.64% 12,024 $592K
24 Piar LLC 0.62% 22,075 $1.1M
25 Marathon Capital Management 0.57% 57,128 $2.8M
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 — Enphase Energy Inc (ENPH)

What does the Smart Money Trend signal show for ENPH?

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

Slight buying edge — 51% buying: Last quarter: 302 funds bought or added vs 292 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 ENPH holders?

Elite ownership — 60% AUM from top-100 funds: 62 of 531 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in ENPH. 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 ENPH?

64% of holders stayed for 2+ years: 345 out of 540 hedge funds have held ENPH 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.

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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