Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Epam Sys Inc (EPAM)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -88
Streak
2Q ▼
Buyers last Q
41%

Smart Money Signals — EPAM

Based on 437 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 EPAM 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 — 72% of 3.0Y peak

72% of all-time peak
437 funds currently hold this stock — 72% of the 3.0-year high of 611 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 22% fewer funds vs a year ago

fund count last 6Q
126 fewer hedge funds hold EPAM compared to a year ago (-22% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 41% buying

234 buying334 selling
Last quarter: 334 funds reduced or exited vs 234 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~79 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 84 → 144 → 83 → 79. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 19% medium ■ 18% new
272 out of 437 hedge funds have held EPAM 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.
💎

Buying through price weakness — shares +11%, value -39%

Value
-38%
Shares
+10%
Last quarter: funds added +11% more shares while total portfolio value only changed -39%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

113 → 84 → 144 → 83 → 79 new funds/Q
New funds entering each quarter: 84 → 144 → 83 → 79. EPAM 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 — 68% veterans vs 21% newcomers

■ 68% veterans ■ 10% 1-2yr ■ 21% new
Entry-cohort mix of 458 holders: 313 (68%) are 2+ year veterans, 47 entered 1–2 years ago, and 98 (21%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 68% AUM from top-100 funds

68% from top-100 AUM funds
56 of 435 holders are among the 100 largest funds by AUM, controlling 68% of total institutional value in EPAM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.5
out of 10
Low Exit Risk
Exit risk score 2.5/10 — 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 — EPAM

In 2026 Q2, 234 hedge funds were net buyers of EPAM (79 opened a new position, 155 added to an existing one), while 334 reduced or exited (167 trimmed, 167 sold completely) — a 41% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 68% of total institutional value in EPAM is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -88 funds (more exits than new entries). Total institutional holders: 437.

Hedge Fund Ownership: EPAM

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

Market Analysis: EPAM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: EPAM

-- --

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

Is It Too Late to Buy Epam Sys Inc (EPAM) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much EPAM has moved relative to its sector benchmark (XLK) since the 2026 Q3 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 September 30, 2026 · 46d ago
EPAM
+50.6%
XLK
-13.0%

EPAM outperformed XLK by +63.6% since September 30, 2026.

Since 13F Filing Date November 14, 2026 · 1d ago
EPAM
+0.0%
XLK
+0.0%

Since the filing became public, EPAM outperformed XLK by +0.0% .

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.

20 top-rated funds 4 high-conviction
Consensus
5.7
/ 10
breadth
×
Elite
4.0
/ 10
conviction
Hedge Fund Positioning: EPAM
2026 Q3 Stats Unlock in 4 days 431 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 431 525 -17.9%
13F Shares 57M 56M 2.18%
Total Value $4.47B $7.39B -39.49%
New Positions 77 83 -6
Increased Positions 151 201 -50
Closed Positions 169 145 +24
Reduced Positions 159 179 -20
Total Calls 9 11 -18.18%
Total Puts 14 10 40.0%
PUT/CALL Ratio 1.56 0.91 Bearish

Statistics: EPAM

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q3)

431 + investors

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

QUARTER:
2026 Q3 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 EPAM holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Aikya Investment Management Ltd 38.03% 1,184,293 $128.3M
2 Permit Capital, LLC 4.06% 130,000 $14.1M
3 Access Investment Management LLC 1.36% 51,555 $5.6M
4 Bridge City Capital, LLC 1.01% 44,772 $4.9M
5 Hussman Strategic Advisors, INC. 0.87% 37,800 $4.1M
6 Norris Perne & French LLP/Mi 0.69% 145,932 $15.8M
7 Amanah Holdings Trust 0.67% 110,000 $11.9M
8 VELA Investment Management, LLC 0.59% 25,266 $2.7M
9 Prescott Group Capital Management, L.L.C. 0.49% 50,000 $5.4M
10 RWC Asset Management LLP 0.47% 116,095 $12.6M
11 ICICI Prudential Asset Management Co Ltd 0.40% 35,323 $3.8M
12 Aurora Investment Counsel 0.38% 6,863 $744K
13 Wallace Advisory Group, LLC 0.32% 3,063 $332K
14 Byrne Asset Management LLC 0.29% 4,511 $516K
15 Journey Retirement Planning & Investment Management LLC 0.28% 3,633 $394K
16 Cooke & Bieler LP 0.28% 164,523 $17.8M
17 Livforsakringsbolaget Skandia, Omsesidigt 0.27% 75,400 $8.2M
18 Tejara Capital Ltd 0.24% 4,600 $498K
19 Portside Wealth Group, LLC 0.20% 16,656 $1.8M
20 Ruffer LLP 0.20% 63,250 $3.9M
21 Gibbs Wealth Management 0.19% 20,102 $1.6M
22 Numerai GP LLC 0.19% 23,259 $2.5M
23 Edgestream Partners, L.P. 0.17% 58,531 $6.3M
24 Geneva Capital Management LLC 0.16% 54,607 $5.9M
25 GK Wealth Management LLC 0.15% 2,520 $273K
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

Stocks with similar institutional ownership

CGXU 365 holdersALK 365 holdersIEUR 364 holdersPBA 364 holdersTGTX 364 holdersREXR 364 holdersSPTI 364 holdersFSK 363 holdersCVLT 363 holdersEXLS 363 holdersCALF 363 holdersVONE 362 holders All stocks →

Frequently Asked Questions — Epam Sys Inc (EPAM)

What does the Smart Money Trend signal show for EPAM?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their EPAM 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 EPAM?

More sellers than buyers — 41% buying: Last quarter: 334 funds reduced or exited vs 234 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for EPAM holders?

Elite ownership — 68% AUM from top-100 funds: 56 of 435 holders are among the 100 largest funds by AUM, controlling 68% of total institutional value in EPAM. 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 EPAM?

62% of holders stayed for 2+ years: 272 out of 437 hedge funds have held EPAM 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 Epam Sys Inc (EPAM) following the 2026 Q3 hedge fund 13F filings?

As of today, EPAM has moved +0.0% since the 2026 Q3 13F filing date (November 14, 2026), compared to +0.0% for the XLK sector ETF — an outperformance of +0.0%. Since the quarter end (September 30, 2026), EPAM has gained +50.6% vs -13.0% 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.

Full history →