Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Enphase Energy Inc (ENPH)

491 + 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
↑ +30
Streak
1Q ▲
Buyers last Q
53%

Smart Money Signals — ENPH

Based on 493 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, 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.
🔻

Below peak — only 62% of 3.0Y high

62% of all-time peak
Only 493 funds hold ENPH today versus a peak of 793 funds at 2023 Q2 — just 62% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
📉

Outflows — 15% fewer funds vs a year ago

fund count last 6Q
89 fewer hedge funds hold ENPH compared to a year ago (-15% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 53% buying

272 buying245 selling
Last quarter: 272 funds bought or added vs 245 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 (+14 vs last Q)

new funds entering per quarter
Funds opening a new ENPH position: 85 → 77 → 84 → 98. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

68% of holders stayed for 2+ years

■ 68% conviction (2yr+) ■ 15% medium ■ 16% new
337 out of 493 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.
📈

Growing discovery — still being found

92 → 85 → 77 → 84 → 98 new funds/Q
New funds entering each quarter: 85 → 77 → 84 → 98. A growing number of institutions are discovering ENPH each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 74% veterans vs 17% newcomers

■ 74% veterans ■ 9% 1-2yr ■ 17% new
Entry-cohort mix of 546 holders: 405 (74%) are 2+ year veterans, 48 entered 1–2 years ago, and 93 (17%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 34% AUM from major funds

34% from top-100 AUM funds
60 of 487 holders rank in the top 100 by AUM, accounting for 34% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
1.5
out of 10
Low Exit Risk
Exit risk score 1.5/10 — 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 Q1, 272 hedge funds were net buyers of ENPH (98 opened a new position, 174 added to an existing one), while 245 reduced or exited (177 trimmed, 68 sold completely) — a 53% buyer ratio, indicating a slight buying edge. 34% of total institutional value in ENPH is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +30 funds (more new holders than closures). Total institutional holders: 493.

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.

Is It Too Late to Buy Enphase Energy Inc (ENPH) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much ENPH has moved relative to its sector benchmark (XLK) 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 · 77d ago
ENPH
+32.9%
XLK
+40.3%

ENPH outperformed XLK by -7.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 32d ago
ENPH
-5.0%
XLK
+5.8%

Since the filing became public, ENPH outperformed XLK by -10.8% .

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 ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

39 top-rated funds 1 high-conviction
Consensus
7.0
/ 10
breadth
×
Elite
2.6
/ 10
conviction
Hedge Fund Positioning: ENPH
491 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 491 463 6.05%
13F Shares 149M 155M -4.17%
Total Value $5.50B $5.44B 1.07%
New Positions 97 84 +13
Increased Positions 156 148 +8
Closed Positions 69 99 -30
Reduced Positions 168 175 -7
Total Calls 31 33 -6.06%
Total Puts 28 32 -12.5%
PUT/CALL Ratio 0.9 0.97 Neutral

Statistics: ENPH

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Institutional Holders (2026 Q1)

491 + 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 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Westerly Capital Management, LLC 4.11% 400,000 $15.1M
2 Vennlight Capital Management, LP 2.12% 55,448 $2.1M
3 Pembroke Management, LTD 1.66% 302,728 $11.4M
4 Bourgeon Capital Management LLC 1.48% 225,559 $8.5M
5 Cartenna Capital, LP 1.10% 800,000 $30.2M
6 Sphera Management Technology Funds Ltd 1.06% 50,000 $1.9M
7 Worth Venture Partners, LLC 1.03% 8,580 $324K
8 Gilder Gagnon Howe & Co LLC 0.97% 2,146,391 $81.2M
9 Leibman Financial Services, Inc. 0.92% 33,159 $1.3M
10 Sphera Funds Management LTD. 0.86% 142,419 $5.4M
11 Robeco Schweiz AG 0.84% 1,052,075 $39.8M
12 Encompass Capital Advisors LLC 0.82% 720,288 $27.2M
13 Contour Asset Management LLC 0.76% 620,559 $23.5M
14 Stelac Advisory Services LLC 0.75% 97,415 $3.7M
15 Electron Capital Partners, LLC 0.72% 488,852 $18.5M
16 Liberty Wealth Management LLC 0.69% 146,338 $5.5M
17 Piar LLC 0.66% 22,325 $844K
18 Alyeska Investment Group, L.P. 0.62% 5,845,629 $221.0M
19 Green Alpha Advisors, LLC 0.61% 16,374 $619K
20 Arosa Capital Management LP 0.57% 100,000 $3.8M
21 Slate Path Capital LP 0.51% 909,900 $34.4M
22 Lombard Odier Asset Management (Europe) Ltd 0.50% 242,204 $9.2M
23 Marathon Capital Management 0.49% 57,368 $2.2M
24 Ardsley Advisory Partners LP 0.41% 85,000 $3.2M
25 Arosa Capital Management LP 0.40% 70,394 $2.7M
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 — 1 quarter in a row: For 1 consecutive quarter, 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 — 53% buying: Last quarter: 272 funds bought or added vs 245 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?

Strong quality — 34% AUM from major funds: 60 of 487 holders rank in the top 100 by AUM, accounting for 34% 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 ENPH?

68% of holders stayed for 2+ years: 337 out of 493 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.

Is it too late to buy Enphase Energy Inc (ENPH) following the 2026 Q1 hedge fund 13F filings?

As of today, ENPH has moved -5.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.8% for the XLK sector ETF — an outperformance of -10.8%. Since the quarter end (March 31, 2026), ENPH has gained +32.9% vs +40.3% for XLK. 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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