Fermi Inc (FRMI): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Fermi Inc (FRMI) following the 2026 Q1 hedge fund 13F filings?

As of today, FRMI has moved +45.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.5% for the XLRE sector ETF — an outperformance of +44.4%. Since the quarter end (March 31, 2026), FRMI gained +62.7% vs +7.4% for XLRE. The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors.

Fermi Inc (FRMI)

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

Smart Money Signals — FRMI

Based on 216 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 FRMI 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

216 hedge funds hold FRMI 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 — +21500% more funds vs a year ago

fund count last 6Q

+215 new funds entered over the past year (+21500% 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 — 71% buying

172 buying71 selling

Last quarter: 172 funds were net buyers (93 opened a brand new position + 79 added to an existing one). Only 71 were sellers (36 trimmed + 35 sold completely). A clear majority buying is a strong confirmation signal.

⚠️

Fewer new buyers each quarter (-64 vs last Q)

new funds entering per quarter

Funds opening this position for the first time: 1 → 0 → 157 → 93. 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 — 93% entered in last year

■ 2% conviction (2yr+) ■ 5% medium ■ 93% new

Only 5 funds (2%) 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 +63%, value +16%

Value

+15%

+63%

Last quarter: funds added +63% more shares while total portfolio value only changed +16%. 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

0 → 1 → 0 → 157 → 93 new funds/Q

New funds entering each quarter: 1 → 0 → 157 → 93. 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.

🌱

Early stage — 96% of holders entered in last year

■ 4% veterans ■ 0% 1-2yr ■ 96% new

Of 243 current holders: 234 (96%) entered in the past year, only 9 (4%) 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 — 46% AUM from top-100 funds

46% from top-100 AUM funds

37 of 208 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in FRMI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

7.3

out of 10

High Exit Risk

Exit risk score 7.3/10 — multiple crowding signals converge. Institutional ownership is at 100% of its all-time high — near peak crowding. Crowded trades can unwind fast — a single catalyst can trigger a cascade.

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.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	214	158	35.44%
13F Shares	93M	57M	63.17%
Total Value	$527M	$455M	15.85%
New Positions	92	158	-66
Increased Positions	76	0	+76
Closed Positions	36	0	+36
Reduced Positions	32	0	+32
Total Calls	24	14	71.43%
Total Puts	11	7	57.14%
PUT/CALL Ratio	0.46	0.5	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

214

158

35.44%

13F Shares

93M

57M

63.17%

Total Value

$527M

$455M

15.85%

New Positions

158

-66

Increased Positions

+76

Closed Positions

+36

Reduced Positions

+32

Total Calls

71.43%

Total Puts

57.14%

PUT/CALL Ratio

0.46

0.5

Bullish

Institutional Holders (2026 Q1)

214 + investors

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

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 FRMI holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Prentice Capital Management, LP	3.60%	281,499	$1.6M
2	Engle Capital Management, L.P.	2.02%	1,015,000	$5.9M
3	Hiddenite Capital Partners LP	1.81%	1,178,600	$6.9M
4	Segra Capital Management, LLC	1.18%	500,000	$2.9M
5	Sovereign's Capital Management, LLC	1.14%	265,412	$1.5M
6	Gruss & Co., LLC	0.51%	37,500	$219K
7	Nexpoint Asset Management, L.P.	0.51%	1,301,478	$7.6M
8	Lecap Asset Management Ltd	0.33%	151,421	$884K
9	SIR Capital Management, L.P.	0.31%	576,627	$3.4M
10	Empire Life Investments Inc.	0.28%	866,611	$4.7M
11	Weiss Asset Management LP	0.24%	2,415,027	$14.1M
12	Shay Capital LLC	0.22%	450,000	$2.6M
13	Shay Capital LLC	0.18%	377,700	$2.2M
14	Nicolet Bankshares Inc	0.18%	838,978	$4.9M
15	Anson Funds Management LP	0.18%	352,672	$2.1M
16	Tortoise Capital Advisors, L.L.C.	0.14%	2,280,837	$13.3M
17	Concorde Asset Management, LLC	0.11%	38,610	$225K
18	Scientech Research LLC	0.11%	21,988	$128K
19	Caitong International Asset Management Co., Ltd	0.10%	97,074	$567K
20	Harbour Capital Advisors, LLC	0.10%	93,320	$547K
21	WJ Financial Advisors LLC	0.10%	21,080	$123K
22	Palogic Value Management, L.P.	0.10%	40,000	$234K
23	Intrinsic Edge Capital Management LLC	0.10%	100,000	$584K
24	OpenArc Corporate Advisory, LLC	0.09%	1,100,000	$6.4M
25	Sanders Morris Harris LLC	0.09%	94,000	$549K

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 — Fermi Inc (FRMI)

What does the Smart Money Trend signal show for FRMI?

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

More buyers than sellers — 71% buying: Last quarter: 172 funds were net buyers (93 opened a brand new position + 79 added to an existing one). Only 71 were sellers (36 trimmed + 35 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for FRMI holders?

Elite ownership — 46% AUM from top-100 funds: 37 of 208 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in FRMI. 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 FRMI?

Mostly new holders — 93% entered in last year: Only 5 funds (2%) 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 Fermi Inc (FRMI) following the 2026 Q1 hedge fund 13F filings?

As of today, FRMI has moved +45.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.5% for the XLRE sector ETF — an outperformance of +44.4%. Since the quarter end (March 31, 2026), FRMI has gained +62.7% vs +7.4% for XLRE. The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors.

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.

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Fermi Inc (FRMI)

Smart Money Signals — FRMI

Buying streak — 2 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +21500% more funds vs a year ago

More buyers than sellers — 71% buying

Fewer new buyers each quarter (-64 vs last Q)

Mostly new holders — 93% entered in last year

Buying through price weakness — shares +63%, value +16%

Acceleration phase — new buyers rushing in

Early stage — 96% of holders entered in last year

Elite ownership — 46% AUM from top-100 funds

Institutional Sentiment Summary — FRMI

Hedge Fund Ownership: FRMI

Market Analysis: FRMI

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: FRMI

Is It Too Late to Buy Fermi Inc (FRMI) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: FRMI

Statistics: FRMI

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Fermi Inc (FRMI)

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