Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Grayscale Ethereum Staking (ETH)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -18
Streak
2Q ▼
Buyers last Q
54%

Smart Money Signals — ETH

Based on 271 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their ETH 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 — 93% of 3.0Y peak

93% of all-time peak
271 funds currently hold this stock — 93% of the 3.0-year high of 290 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +49% more funds vs a year ago

fund count last 6Q
+89 new funds entered over the past year (+49% 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.
🟡

Slight buying edge — 54% buying

143 buying123 selling
Last quarter: 143 funds bought or added vs 123 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 (-19 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 41 → 121 → 64 → 45. 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.
🔄

Mostly new holders — 45% entered in last year

■ 3% conviction (2yr+) ■ 52% medium ■ 45% new
Only 8 funds (3%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💎

Buying through price weakness — shares +46%, value +2%

Value
+2%
Shares
+46%
Last quarter: funds added +46% more shares while total portfolio value only changed +2%. 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

45 → 41 → 121 → 64 → 45 new funds/Q
New funds entering each quarter: 41 → 121 → 64 → 45. ETH is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🌱

Early stage — 58% of holders entered in last year

■ 1% veterans ■ 41% 1-2yr ■ 58% new
Of 281 current holders: 163 (58%) entered in the past year, only 4 (1%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
🏆

Elite ownership — 44% AUM from top-100 funds

44% from top-100 AUM funds
14 of 271 holders are among the 100 largest funds by AUM, controlling 44% of total institutional value in ETH. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.3
out of 10
Moderate Exit Risk
Exit risk score 4.3/10 — 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 — ETH

In 2026 Q1, 143 hedge funds were net buyers of ETH (45 opened a new position, 98 added to an existing one), while 123 reduced or exited (60 trimmed, 63 sold completely) — a 54% buyer ratio, indicating a slight buying edge. Net selling has persisted for two consecutive quarters. 44% of total institutional value in ETH is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -18 funds (more exits than new entries). Total institutional holders: 271.

Hedge Fund Ownership: ETH

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

Market Analysis: ETH

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ETH

-- --

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

Is It Too Late to Buy Grayscale Ethereum Staking (ETH) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much ETH has moved relative to its sector benchmark (SPY) 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 · 75d ago
ETH
-20.3%
SPY
+14.1%

ETH outperformed SPY by -34.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
ETH
-25.0%
SPY
+0.3%

Since the filing became public, ETH outperformed SPY by -25.3% .

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.

10 top-rated funds 2 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
2.7
/ 10
conviction
Hedge Fund Positioning: ETH
270 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 270 289 -6.57%
13F Shares 28M 19M 46.48%
Total Value $542M $531M 2.16%
New Positions 45 64 -19
Increased Positions 93 97 -4
Closed Positions 64 65 -1
Reduced Positions 58 58 -
Total Calls 6 8 -25.0%
Total Puts 4 4 -
PUT/CALL Ratio 0.67 0.5 Bullish

Statistics: ETH

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
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Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

270 + investors

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

QUARTER:
Top 25 ETH holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Kaleidoscope Capital LP 10.48% 1,370,428 $27.2M
2 Mangrove Partners IM, LLC 5.71% 3,552,685 $70.6M
3 Rpo LLC 4.96% 80,800 $1.6M
4 Hunting Hill Global Capital, LLC 2.16% 140,000 $2.8M
5 Sloy Dahl & Holst, LLC 2.04% 747,550 $14.8M
6 Haven Private, LLC 1.69% 195,465 $3.9M
7 Trustees of Dartmouth College 1.41% 178,148 $3.5M
8 Graetz Wealth LLC 1.19% 67,191 $1.3M
9 Verde Capital Management 0.76% 178,118 $3.5M
10 Fielder Capital Group LLC 0.73% 169,863 $3.4M
11 Reliant Wealth Planning 0.73% 121,870 $2.4M
12 IronBridge Private Wealth, LLC 0.64% 100,405 $2.0M
13 Integrity Wealth Partners, LLC 0.64% 35,290 $707K
14 ATX Financial Planning, LLC 0.60% 39,480 $784K
15 Massar Capital Management, LP 0.54% 255,000 $5.1M
16 Red Reef Advisors LLC 0.53% 18,679 $524K
17 Matauro, LLC 0.52% 182,689 $3.6M
18 Gainplan LLC 0.51% 34,563 $686K
19 Q Fund Management (Hong Kong) Ltd 0.47% 18,000 $505K
20 E6 Portfolios, LLC 0.46% 22,092 $439K
21 Broadhurst Jeffrey B 0.43% 21,218 $421K
22 Aries Wealth Management 0.41% 94,302 $1.9M
23 Illumine Investment Management, LLC 0.38% 24,938 $495K
24 Rede Wealth, LLC 0.38% 53,251 $1.1M
25 Exit Wealth Advisors, LLC. 0.37% 36,166 $718K
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 — Grayscale Ethereum Staking (ETH)

What does the Smart Money Trend signal show for ETH?

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

Slight buying edge — 54% buying: Last quarter: 143 funds bought or added vs 123 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 ETH holders?

Elite ownership — 44% AUM from top-100 funds: 14 of 271 holders are among the 100 largest funds by AUM, controlling 44% of total institutional value in ETH. 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 ETH?

Mostly new holders — 45% entered in last year: Only 8 funds (3%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Grayscale Ethereum Staking (ETH) following the 2026 Q1 hedge fund 13F filings?

As of today, ETH has moved -25.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of -25.3%. Since the quarter end (March 31, 2026), ETH has gained -20.3% vs +14.1% for SPY. 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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