Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Enovix Corporation (ENVX)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -3
Streak
2Q ▼
Buyers last Q
53%

Smart Money Signals — ENVX

Based on 307 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their ENVX positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 94% of 3.0Y peak

94% of all-time peak
307 funds currently hold this stock — 94% of the 3.0-year high of 327 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 4% fewer funds vs a year ago

fund count last 6Q
14 fewer hedge funds hold ENVX compared to a year ago (-4% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 53% buying

164 buying147 selling
Last quarter: 164 funds bought or added vs 147 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 (-7 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 52 → 50 → 45 → 38. 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.
🔒

55% of holders stayed for 2+ years

■ 55% conviction (2yr+) ■ 27% medium ■ 18% new
170 out of 307 hedge funds have held ENVX 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 +58% but shares only +6% — price-driven

Value
+58%
Shares
+5%
Last quarter: the total dollar value of institutional holdings rose +58%, but actual share count only changed +6%. 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.
📊

Peak discovery — momentum slowing

46 → 52 → 50 → 45 → 38 new funds/Q
New funds entering each quarter: 52 → 50 → 45 → 38. ENVX is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 61% veterans vs 21% newcomers

■ 61% veterans ■ 18% 1-2yr ■ 21% new
Entry-cohort mix of 336 holders: 206 (61%) are 2+ year veterans, 60 entered 1–2 years ago, and 70 (21%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 63% AUM from top-100 funds

63% from top-100 AUM funds
49 of 299 holders are among the 100 largest funds by AUM, controlling 63% of total institutional value in ENVX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.1
out of 10
Low Exit Risk
Exit risk score 3.1/10 — 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 — ENVX

In 2026 Q2, 164 hedge funds were net buyers of ENVX (38 opened a new position, 126 added to an existing one), while 147 reduced or exited (106 trimmed, 41 sold completely) — a 53% buyer ratio, indicating a slight buying edge. Net selling has persisted for two consecutive quarters. 63% of total institutional value in ENVX is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -3 funds (more exits than new entries). Total institutional holders: 307.

Hedge Fund Ownership: ENVX

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

Market Analysis: ENVX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ENVX

-- --

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.

11 top-rated funds 0 high-conviction
Consensus
4.7
/ 10
breadth
×
Elite
0.7
/ 10
conviction
Hedge Fund Positioning: ENVX
296 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 296 310 -4.52%
13F Shares 130M 124M 4.81%
Total Value $784M $634M 23.55%
New Positions 38 45 -7
Increased Positions 115 106 +9
Closed Positions 44 62 -18
Reduced Positions 94 107 -13
Total Calls 25 20 25.0%
Total Puts 12 12 -
PUT/CALL Ratio 0.48 0.6 Bullish

Statistics: ENVX

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Financial Highlights

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Institutional Holders (2026 Q2)

296 + investors

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

QUARTER:
Top 25 ENVX holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Refined Wealth Management 3.09% 844,850 $5.1M
2 Electron Capital Partners, LLC 1.16% 4,788,098 $29.1M
3 Deuterium Capital Management, LLC 0.91% 138,375 $840K
4 Cauble & Harre Wealth Management, Inc. 0.64% 131,088 $796K
5 CenterBook Partners LP 0.61% 2,041,919 $12.4M
6 Register Financial Advisors LLC 0.55% 297,600 $1.8M
7 Wealth Effects LLC 0.41% 248,021 $1.5M
8 Masters Capital Management LLC 0.31% 2,000,000 $12.1M
9 White Pine Capital LLC 0.28% 193,877 $1.2M
10 McGowan Group Asset Management, Inc. 0.27% 364,185 $2.2M
11 Haven Private, LLC 0.24% 105,449 $640K
12 Bayforest Capital Ltd 0.24% 42,408 $257K
13 AlphaGrep UK Ltd 0.21% 86,274 $631K
14 Headlands Technologies LLC 0.19% 301,781 $1.8M
15 Perennial Investment Advisors, LLC 0.19% 462,133 $2.8M
16 Parkside Investments, LLC 0.19% 275,539 $1.7M
17 Intellectus Partners, LLC 0.18% 175,608 $1.1M
18 Masters Capital Management LLC 0.16% 1,000,000 $6.1M
19 Merrion Investment Management Co, LLC 0.14% 49,800 $302K
20 Richards, Merrill & Peterson, INC. 0.13% 67,275 $408K
21 Beirne Wealth Consulting Services, LLC 0.10% 82,281 $499K
22 Wolverine Asset Management LLC 0.08% 1,545,300 $9.4M
23 Beverly Hills Private Wealth, LLC 0.08% 68,155 $414K
24 Axq Capital, LP 0.08% 118,115 $717K
25 WESPAC Advisors, LLC 0.07% 24,200 $147K
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 — Enovix Corporation (ENVX)

What does the Smart Money Trend signal show for ENVX?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their ENVX positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for ENVX?

Slight buying edge — 53% buying: Last quarter: 164 funds bought or added vs 147 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 ENVX holders?

Elite ownership — 63% AUM from top-100 funds: 49 of 299 holders are among the 100 largest funds by AUM, controlling 63% of total institutional value in ENVX. 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 ENVX?

55% of holders stayed for 2+ years: 170 out of 307 hedge funds have held ENVX 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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