Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Equinor Asa (EQNR)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +76
Streak
2Q ▲
Buyers last Q
63%

Smart Money Signals — EQNR

Based on 417 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added EQNR 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
417 hedge funds hold EQNR 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 — +25% more funds vs a year ago

fund count last 6Q
+83 new funds entered over the past year (+25% 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.
🟢

More buyers than sellers — 63% buying

271 buying161 selling
Last quarter: 271 funds were net buyers (124 opened a brand new position + 147 added to an existing one). Only 161 were sellers (113 trimmed + 48 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+60 vs last Q)

new funds entering per quarter
Funds opening a new EQNR position: 55 → 47 → 64 → 124. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

50% of holders stayed for 2+ years

■ 50% conviction (2yr+) ■ 21% medium ■ 29% new
210 out of 417 hedge funds have held EQNR 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.
💰

Price up while funds trimmed (+63% value, -2% shares)

Value
+62%
Shares
-2%
Last quarter: total value of institutional EQNR holdings rose +63% even though funds reduced share count by 2%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
🚀

Acceleration phase — new buyers rushing in

66 → 55 → 47 → 64 → 124 new funds/Q
New funds entering each quarter: 55 → 47 → 64 → 124. 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.
🏛️

Veteran-anchored — 60% veterans vs 29% newcomers

■ 60% veterans ■ 11% 1-2yr ■ 29% new
Entry-cohort mix of 442 holders: 267 (60%) are 2+ year veterans, 47 entered 1–2 years ago, and 128 (29%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 31% AUM from major funds

31% from top-100 AUM funds
43 of 410 holders rank in the top 100 by AUM, accounting for 31% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — 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 — EQNR

In 2026 Q1, 271 hedge funds were net buyers of EQNR (124 opened a new position, 147 added to an existing one), while 161 reduced or exited (113 trimmed, 48 sold completely) — a 63% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. 31% of total institutional value in EQNR is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +76 funds (more new holders than closures). Total institutional holders: 417.

Hedge Fund Ownership: EQNR

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

Market Analysis: EQNR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: EQNR

-- --

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

Is It Too Late to Buy Equinor Asa (EQNR) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much EQNR has moved relative to its sector benchmark (XLE) 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 · 78d ago
EQNR
-19.0%
XLE
+60644.4%

EQNR outperformed XLE by -60663.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
EQNR
-13.5%
XLE
+49600.0%

Since the filing became public, EQNR outperformed XLE by -49613.5% .

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.

27 top-rated funds 3 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
2.5
/ 10
conviction
Hedge Fund Positioning: EQNR
413 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 413 341 21.11%
13F Shares 174M 177M -2.06%
Total Value $7.29B $4.47B 62.85%
New Positions 121 64 +57
Increased Positions 142 101 +41
Closed Positions 49 55 -6
Reduced Positions 105 123 -18
Total Calls 16 12 33.33%
Total Puts 16 9 77.78%
PUT/CALL Ratio 1.0 0.75 Neutral

Statistics: EQNR

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
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Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

413 + investors

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

QUARTER:
Top 25 EQNR holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Folketrygdfondet 70.03% 93,516,237 $3.95B
2 Drum Hill Capital, LLC 6.81% 175,593 $7.4M
3 Keating Investment Counselors Inc 2.59% 247,463 $10.4M
4 OneAscent Investment Solutions LLC 1.65% 39,016 $1.6M
5 Kiker Wealth Management, LLC 1.13% 56,127 $2.4M
6 Unified Investment Management 0.95% 22,112 $933K
7 Hollow Brook Wealth Management LLC 0.90% 83,824 $3.5M
8 Semper Augustus Investments Group LLC 0.89% 175,954 $7.4M
9 Trek Financial, LLC 0.77% 342,542 $14.5M
10 Earnest Partners LLC 0.74% 4,269,743 $180.2M
11 John G Ullman & Associates Inc 0.73% 130,159 $5.5M
12 Chesapeake Capital Corp /Il/ 0.70% 23,032 $972K
13 Yaupon Capital Management LP 0.66% 500,000 $21.1M
14 Carrera Capital Advisors 0.59% 90,287 $3.8M
15 FORA Capital, LLC 0.58% 187,663 $7.9M
16 SALT Holding Corp. 0.56% 22,000 $928K
17 Logan Capital Management Inc 0.53% 286,169 $12.1M
18 Solstein Capital, LLC 0.50% 28,421 $1.2M
19 Ipswich Investment Management Co., Inc. 0.48% 48,796 $2.1M
20 Gallacher Capital Management LLC 0.47% 28,860 $1.2M
21 Alaethes Wealth, LLC 0.46% 37,974 $1.6M
22 Lighthouse Investment Partners, LLC 0.44% 300,000 $12.7M
23 Klein Pavlis & Peasley Financial, INC. 0.39% 16,561 $699K
24 Legacy Wealth Asset Management, LLC 0.37% 35,922 $1.5M
25 Bayesian Capital Management, LP 0.37% 7,155 $302K
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 — Equinor Asa (EQNR)

What does the Smart Money Trend signal show for EQNR?

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

More buyers than sellers — 63% buying: Last quarter: 271 funds were net buyers (124 opened a brand new position + 147 added to an existing one). Only 161 were sellers (113 trimmed + 48 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for EQNR holders?

Strong quality — 31% AUM from major funds: 43 of 410 holders rank in the top 100 by AUM, accounting for 31% 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 EQNR?

50% of holders stayed for 2+ years: 210 out of 417 hedge funds have held EQNR 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 Equinor Asa (EQNR) following the 2026 Q1 hedge fund 13F filings?

As of today, EQNR has moved -13.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +49600.0% for the XLE sector ETF — an outperformance of -49613.5%. Since the quarter end (March 31, 2026), EQNR has gained -19.0% vs +60644.4% for XLE. 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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