Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Fulgent Genetics Inc (FLGT)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -14
Streak
2Q ▼
Buyers last Q
41%

Smart Money Signals — FLGT

Based on 142 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 FLGT 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 — 74% of 3.0Y peak

74% of all-time peak
142 funds currently hold this stock — 74% of the 3.0-year high of 193 funds (reached 2023 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 14% fewer funds vs a year ago

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

More sellers than buyers — 41% buying

64 buying94 selling
Last quarter: 94 funds reduced or exited vs 64 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 — ~25 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 21 → 34 → 27 → 25. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 19% medium ■ 18% new
89 out of 142 hedge funds have held FLGT 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 (+17% value, -9% shares)

Value
+17%
Shares
-8%
Last quarter: total value of institutional FLGT holdings rose +17% even though funds reduced share count by 9%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
➡️

Steady discovery — ~25 new funds/quarter

21 → 21 → 34 → 27 → 25 new funds/Q
New funds entering each quarter: 21 → 34 → 27 → 25. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 67% veterans vs 18% newcomers

■ 67% veterans ■ 15% 1-2yr ■ 18% new
Entry-cohort mix of 145 holders: 97 (67%) are 2+ year veterans, 22 entered 1–2 years ago, and 26 (18%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 59% AUM from top-100 funds

59% from top-100 AUM funds
39 of 142 holders are among the 100 largest funds by AUM, controlling 59% of total institutional value in FLGT. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.6
out of 10
Low Exit Risk
Exit risk score 2.6/10 — 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 — FLGT

In 2026 Q2, 64 hedge funds were net buyers of FLGT (25 opened a new position, 39 added to an existing one), while 94 reduced or exited (55 trimmed, 39 sold completely) — a 41% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 59% of total institutional value in FLGT is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -14 funds (more exits than new entries). Total institutional holders: 142.

Hedge Fund Ownership: FLGT

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

Market Analysis: FLGT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FLGT

-- --

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

Is It Too Late to Buy Fulgent Genetics Inc (FLGT) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much FLGT has moved relative to its sector benchmark (XLV) since the 2026 Q2 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 June 30, 2026 · 82d ago
FLGT
+5.7%
XLV
+6.1%

FLGT outperformed XLV by -0.4% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 37d ago
FLGT
+16.9%
XLV
+0.6%

Since the filing became public, FLGT outperformed XLV by +16.3% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

8 top-rated funds 1 high-conviction
Consensus
4.1
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: FLGT
141 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 141 156 -9.62%
13F Shares 16M 17M -8.91%
Total Value $302M $258M 17.06%
New Positions 25 27 -2
Increased Positions 39 48 -9
Closed Positions 40 49 -9
Reduced Positions 52 54 -2
Total Calls 2 2 -
Total Puts 1 2 -50.0%
PUT/CALL Ratio 0.5 1.0 Bullish

Statistics: FLGT

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Valuation Measures Data as of: --

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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

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Total Cash (mrq) --
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Institutional Holders (2026 Q2)

141 + investors

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

QUARTER:
Top 25 FLGT holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Peapod Lane Capital LLC 3.10% 224,207 $4.6M
2 Diametric Capital, LP 1.51% 697,784 $14.3M
3 Medina Value Partners, LLC 0.78% 193,061 $4.0M
4 Invenomic Capital Management LP 0.61% 498,287 $10.2M
5 Almitas Capital LLC 0.52% 104,797 $2.2M
6 EntryPoint Capital, LLC 0.24% 18,290 $359K
7 Persistent Asset Partners Ltd 0.15% 23,793 $488K
8 Levin Capital Strategies, L.P. 0.15% 105,542 $2.2M
9 Marquette Asset Management, LLC 0.08% 30,269 $621K
10 Prelude Capital Management, LLC 0.08% 51,698 $1.1M
11 Counterpoint Mutual Funds LLC 0.07% 34,306 $704K
12 Hennion & Walsh Asset Management, Inc. 0.07% 111,405 $2.3M
13 Jacobs Levy Equity Management, Inc 0.06% 782,116 $16.0M
14 Headlands Technologies LLC 0.04% 17,453 $358K
15 Atom Investors LP 0.04% 20,529 $421K
16 Occudo Quantitative Strategies LP 0.03% 25,472 $523K
17 Caxton Associates LLP 0.02% 62,069 $1.3M
18 Jump Financial, LLC 0.02% 93,049 $1.6M
19 Linden Thomas Advisory Services, LLC 0.02% 11,753 $241K
20 Inscription Capital, LLC 0.02% 10,252 $210K
21 Tcw Group Inc 0.02% 131,400 $2.7M
22 Moore Capital Management, LP 0.01% 48,343 $992K
23 Boothbay Fund Management, LLC 0.01% 42,723 $877K
24 Hrt Financial LP 0.01% 229,444 $4.7M
25 Brevan Howard Capital Management LP 0.01% 44,812 $920K
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 — Fulgent Genetics Inc (FLGT)

What does the Smart Money Trend signal show for FLGT?

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

More sellers than buyers — 41% buying: Last quarter: 94 funds reduced or exited vs 64 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 FLGT holders?

Elite ownership — 59% AUM from top-100 funds: 39 of 142 holders are among the 100 largest funds by AUM, controlling 59% of total institutional value in FLGT. 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 FLGT?

63% of holders stayed for 2+ years: 89 out of 142 hedge funds have held FLGT 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 Fulgent Genetics Inc (FLGT) following the 2026 Q2 hedge fund 13F filings?

As of today, FLGT has moved +16.9% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.6% for the XLV sector ETF — an outperformance of +16.3%. Since the quarter end (June 30, 2026), FLGT has gained +5.7% vs +6.1% for XLV. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to 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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