Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

First Northwest Bancorp (FNWB)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +1
Streak
3Q ▲
Buyers last Q
48%

Smart Money Signals — FNWB

Based on 41 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added FNWB 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 (98% of max)

98% of all-time peak
41 hedge funds hold FNWB 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.
📶

Steady growth — +14% more funds vs a year ago

fund count last 6Q
+5 new funds entered over the past year (+14% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 48% buying

19 buying21 selling
Last quarter: 21 funds reduced or exited vs 19 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 — ~6 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 2 → 3 → 9 → 6. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 17% medium ■ 22% new
25 out of 41 hedge funds have held FNWB 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.
💰

Value +25% but shares only +0% — price-driven

Value
+25%
Shares
+0%
Last quarter: the total dollar value of institutional holdings rose +25%, but actual share count only changed +0%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~6 new funds/quarter

3 → 2 → 3 → 9 → 6 new funds/Q
New funds entering each quarter: 2 → 3 → 9 → 6. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 68% veterans vs 24% newcomers

■ 68% veterans ■ 7% 1-2yr ■ 24% new
Entry-cohort mix of 41 holders: 28 (68%) are 2+ year veterans, 3 entered 1–2 years ago, and 10 (24%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 18% AUM from top-100

18% from top-100 AUM funds
15 of 41 holders rank in the top 100 by AUM, but together hold only 18% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — 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 — FNWB

In 2026 Q2, 19 hedge funds were net buyers of FNWB (6 opened a new position, 13 added to an existing one), while 21 reduced or exited (16 trimmed, 5 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +1 funds (more new holders than closures). Total institutional holders: 41.

Hedge Fund Ownership: FNWB

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

Market Analysis: FNWB

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FNWB

-- --

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: FNWB
41 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 41 40 2.5%
13F Shares 4M 4M 0.18%
Total Value $39M $32M 25.06%
New Positions 6 9 -3
Increased Positions 13 10 +3
Closed Positions 5 4 +1
Reduced Positions 16 14 +2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FNWB

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 Q2)

41 + investors

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

QUARTER:
Top 25 FNWB holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Fourthstone LLC 7.13% 925,038 $10.0M
2 Mink Brook Asset Management LLC 1.99% 417,006 $4.5M
3 Petiole USA ltd 1.97% 254,197 $2.7M
4 Pinnacle Holdings, LLC 0.27% 79,872 $863K
5 Arcus Capital Partners, LLC 0.25% 55,237 $597K
6 Daytona Street Capital LLC 0.16% 20,000 $220K
7 Huber Capital Management LLC 0.12% 72,267 $781K
8 Chaney Capital Management, Inc. 0.04% 13,156 $142K
9 HoldCo Asset Management, LP 0.04% 59,772 $646K
10 Kennedy Capital Management LLC 0.02% 123,066 $1.3M
11 Bensler, LLC 0.01% 11,041 $119K
12 Bridgeway Capital Management, LLC 0.01% 35,858 $388K
13 Coldstream Capital Management Inc 0.01% 40,847 $442K
14 Renaissance Technologies LLC 0.01% 352,305 $3.8M
15 XTX Topco Ltd 0.00% 16,196 $175K
16 Empowered Funds, LLC 0.00% 24,008 $260K
17 Sequoia Financial Advisors, LLC 0.00% 15,000 $162K
18 Jacobs Levy Equity Management, Inc 0.00% 16,897 $183K
19 Connor, Clark & Lunn Investment Management Ltd. 0.00% 31,954 $345K
20 Marshall Wace, LLP 0.00% 64,525 $698K
21 Arrowstreet Capital, Limited Partnership 0.00% 49,053 $530K
22 Creative Planning 0.00% 24,491 $265K
23 Vanguard Fiduciary Trust Co 0.00% 45,035 $487K
24 Vanguard Capital Management LLC 0.00% 332,010 $3.6M
25 Los Angeles Capital Management LLC 0.00% 1,293 $14K
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 — First Northwest Bancorp (FNWB)

What does the Smart Money Trend signal show for FNWB?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added FNWB 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 FNWB?

More sellers than buyers — 48% buying: Last quarter: 21 funds reduced or exited vs 19 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 FNWB holders?

Smaller funds dominant — 18% AUM from top-100: 15 of 41 holders rank in the top 100 by AUM, but together hold only 18% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held FNWB?

61% of holders stayed for 2+ years: 25 out of 41 hedge funds have held FNWB 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.

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 →