Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Fulgent Genetics Inc (FLGT)

154 + 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
↓ -23
Streak
1Q ▼
Buyers last Q
42%

Smart Money Signals — FLGT

Based on 155 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, 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 — 78% of 3.0Y peak

78% of all-time peak
155 funds currently hold this stock — 78% of the 3.0-year high of 200 funds (reached 2023 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 10% fewer funds vs a year ago

fund count last 6Q
18 fewer hedge funds hold FLGT compared to a year ago (-10% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 42% buying

76 buying104 selling
Last quarter: 104 funds reduced or exited vs 76 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.
⚠️

Fewer new buyers each quarter (-7 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 19 → 21 → 34 → 27. 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.
🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 21% medium ■ 18% new
94 out of 155 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.
💎

Buying through price weakness — shares -11%, value -52%

Value
-51%
Shares
-11%
Last quarter: funds added -11% more shares while total portfolio value only changed -52%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
🚀

Acceleration phase — new buyers rushing in

26 → 19 → 21 → 34 → 27 new funds/Q
New funds entering each quarter: 19 → 21 → 34 → 27. 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 — 69% veterans vs 19% newcomers

■ 69% veterans ■ 13% 1-2yr ■ 19% new
Entry-cohort mix of 159 holders: 109 (69%) are 2+ year veterans, 20 entered 1–2 years ago, and 30 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 37% AUM from major funds

37% from top-100 AUM funds
38 of 155 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.8
out of 10
Low Exit Risk
Exit risk score 2.8/10 — 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 Q1, 76 hedge funds were net buyers of FLGT (27 opened a new position, 49 added to an existing one), while 104 reduced or exited (54 trimmed, 50 sold completely) — a 42% buyer ratio, indicating roughly balanced activity. 37% of total institutional value in FLGT is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -23 funds (more exits than new entries). Total institutional holders: 155.

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 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 · 79d ago
FLGT
+11.3%
XLV
+2.8%

FLGT outperformed XLV by +8.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
FLGT
+12.0%
XLV
+3.9%

Since the filing became public, FLGT outperformed XLV by +8.1% .

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.

18 top-rated funds 1 high-conviction
Consensus
5.6
/ 10
breadth
×
Elite
0.9
/ 10
conviction
Hedge Fund Positioning: FLGT
154 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 154 178 -13.48%
13F Shares 17M 19M -11.04%
Total Value $258M $534M -51.67%
New Positions 26 34 -8
Increased Positions 48 57 -9
Closed Positions 50 20 +30
Reduced Positions 53 52 +1
Total Calls 2 3 -33.33%
Total Puts 2 1 100.0%
PUT/CALL Ratio 1.0 0.33 Neutral

Statistics: FLGT

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Valuation Measures Data as of: --

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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
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Return on Assets (ttm) --
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Income Statement & Cash Flow
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Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

154 + 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 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Peapod Lane Capital LLC 2.86% 220,627 $3.5M
2 Diametric Capital, LP 1.49% 361,046 $5.7M
3 Medina Value Partners, LLC 0.57% 170,069 $2.7M
4 Invenomic Capital Management LP 0.45% 610,318 $9.7M
5 Almitas Capital LLC 0.38% 104,797 $1.7M
6 Rtw Investments, LP 0.20% 1,289,000 $20.5M
7 Portolan Capital Management, LLC 0.09% 106,642 $1.7M
8 Counterpoint Mutual Funds LLC 0.08% 34,306 $545K
9 EntryPoint Capital, LLC 0.07% 15,745 $250K
10 Prelude Capital Management, LLC 0.07% 56,309 $895K
11 Nebula Research & Development LLC 0.06% 37,902 $753K
12 AlphaQuest LLC 0.06% 39,521 $1.0M
13 Levin Capital Strategies, L.P. 0.05% 43,234 $687K
14 Hennion & Walsh Asset Management, Inc. 0.04% 84,010 $1.3M
15 Headlands Technologies LLC 0.04% 22,349 $355K
16 XTX Topco Ltd 0.03% 92,499 $1.5M
17 Jacobs Levy Equity Management, Inc 0.02% 356,359 $5.7M
18 Polymer Capital Management (US) LLC 0.02% 12,967 $206K
19 Inscription Capital, LLC 0.02% 12,395 $197K
20 Y-Intercept (Hong Kong) Ltd 0.02% 67,697 $1.1M
21 Linden Thomas Advisory Services, LLC 0.02% 11,858 $189K
22 Jump Financial, LLC 0.02% 71,839 $1.1M
23 Tcw Group Inc 0.02% 126,600 $2.0M
24 Moore Capital Management, LP 0.01% 46,124 $733K
25 Connor, Clark & Lunn Investment Management Ltd. 0.01% 302,564 $4.8M
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 — 1 quarter in a row: For 1 consecutive quarter, 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 — 42% buying: Last quarter: 104 funds reduced or exited vs 76 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?

Strong quality — 37% AUM from major funds: 38 of 155 holders rank in the top 100 by AUM, accounting for 37% 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 FLGT?

61% of holders stayed for 2+ years: 94 out of 155 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 Q1 hedge fund 13F filings?

As of today, FLGT has moved +12.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.9% for the XLV sector ETF — an outperformance of +8.1%. Since the quarter end (March 31, 2026), FLGT has gained +11.3% vs +2.8% for XLV. 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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