Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

First Solar Inc (FSLR)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -93
Streak
1Q ▼
Buyers last Q
45%

Smart Money Signals — FSLR

Based on 966 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 FSLR 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 — 91% of 3.0Y peak

91% of all-time peak
966 funds currently hold this stock — 91% of the 3.0-year high of 1,059 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +19% more funds vs a year ago

fund count last 6Q
+157 new funds entered over the past year (+19% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 45% buying

477 buying591 selling
Last quarter: 591 funds reduced or exited vs 477 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 (-93 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 154 → 161 → 221 → 128. 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.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 23% medium ■ 17% new
580 out of 966 hedge funds have held FSLR 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 -14%, value -36%

Value
-35%
Shares
-14%
Last quarter: funds added -14% more shares while total portfolio value only changed -36%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

106 → 154 → 161 → 221 → 128 new funds/Q
New funds entering each quarter: 154 → 161 → 221 → 128. A growing number of institutions are discovering FSLR each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 68% of holders stayed 2+ years

■ 68% veterans ■ 11% 1-2yr ■ 21% new
Of 1,031 current holders: 699 (68%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 53% AUM from top-100 funds

53% from top-100 AUM funds
64 of 966 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in FSLR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — 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 — FSLR

In 2026 Q1, 477 hedge funds were net buyers of FSLR (128 opened a new position, 349 added to an existing one), while 591 reduced or exited (370 trimmed, 221 sold completely) — a 45% buyer ratio, indicating roughly balanced activity. 53% of total institutional value in FSLR is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -93 funds (more exits than new entries). Total institutional holders: 966.

Hedge Fund Ownership: FSLR

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

Market Analysis: FSLR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FSLR

-- --

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

Is It Too Late to Buy First Solar Inc (FSLR) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much FSLR has moved relative to its sector benchmark (XLK) 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
FSLR
+35.5%
XLK
+39.1%

FSLR outperformed XLK by -3.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
FSLR
+14.5%
XLK
+4.8%

Since the filing became public, FSLR outperformed XLK by +9.7% .

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 ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

67 top-rated funds 13 high-conviction
Consensus
8.0
/ 10
breadth
×
Elite
4.3
/ 10
conviction
Hedge Fund Positioning: FSLR
960 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 960 1059 -9.35%
13F Shares 127M 148M -14.31%
Total Value $24.46B $38.06B -35.73%
New Positions 127 221 -94
Increased Positions 326 339 -13
Closed Positions 226 91 +135
Reduced Positions 357 349 +8
Total Calls 39 43 -9.3%
Total Puts 35 36 -2.78%
PUT/CALL Ratio 0.9 0.84 Neutral

Statistics: FSLR

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Financial Highlights

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Institutional Holders (2026 Q1)

960 + investors

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

QUARTER:
Top 25 FSLR holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Clean Energy Transition LLP 18.31% 1,426,587 $281.4M
2 Hill City Capital, LP 15.35% 2,177,540 $429.5M
3 Farley Capital L.P. 8.36% 52,285 $10.3M
4 Parametrica Management Ltd 7.86% 35,039 $6.9M
5 Redwood Grove Capital, LLC 6.01% 94,400 $18.6M
6 Credit Capital Investments LLC 4.60% 25,700 $5.1M
7 Triodos Investment Management BV 4.14% 277,600 $54.7M
8 Brooklands Fund Management Ltd 4.09% 18,428 $3.6M
9 Nia Impact Advisors, LLC 4.05% 46,139 $9.1M
10 Foresight Group Ltd Liability Partnership 3.84% 110,210 $21.7M
11 Summerhill Capital Management lnc. 3.69% 21,410 $4.2M
12 Ecofi Investissements SA 3.09% 8,600 $1.7M
13 Irenic Capital Management LP 2.77% 215,500 $42.5M
14 Robeco Schweiz AG 2.69% 645,692 $127.4M
15 Lumbard & Kellner, LLC 2.48% 36,260 $7.2M
16 Grace & White Inc /Ny 2.42% 69,523 $13.7M
17 Ktf Investments, LLC 2.16% 63,962 $12.6M
18 Mader & Shannon Wealth Management, Inc. 2.09% 22,897 $4.5M
19 SFE Investment Counsel 1.97% 63,292 $12.5M
20 SCP Investment, LP 1.96% 8,968 $1.8M
21 Ahara Advisors LLC 1.86% 7,828 $2.0M
22 Cox Capital Mgt LLC 1.83% 13,969 $2.8M
23 Sora Investors LLC 1.73% 95,432 $18.8M
24 Samlyn Capital, LLC 1.72% 510,931 $100.8M
25 Decade Renewable Partners LP 1.70% 12,900 $2.1M
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 Solar Inc (FSLR)

What does the Smart Money Trend signal show for FSLR?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their FSLR 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 FSLR?

More sellers than buyers — 45% buying: Last quarter: 591 funds reduced or exited vs 477 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 FSLR holders?

Elite ownership — 53% AUM from top-100 funds: 64 of 966 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in FSLR. 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 FSLR?

60% of holders stayed for 2+ years: 580 out of 966 hedge funds have held FSLR 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 First Solar Inc (FSLR) following the 2026 Q1 hedge fund 13F filings?

As of today, FSLR has moved +14.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLK sector ETF — an outperformance of +9.7%. Since the quarter end (March 31, 2026), FSLR has gained +35.5% vs +39.1% for XLK. 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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