Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Grocery Outlet Hldg Corp (GO)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -15
Streak
2Q ▼
Buyers last Q
48%

Smart Money Signals — GO

Based on 224 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their GO 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 — 90% of 3.0Y peak

90% of all-time peak
224 funds currently hold this stock — 90% of the 3.0-year high of 250 funds (reached 2023 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding GO is almost the same as a year ago (-1 funds, 0% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 48% buying

122 buying132 selling
Last quarter: 132 funds reduced or exited vs 122 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 (-12 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 59 → 51 → 54 → 42. 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.
🔒

58% of holders stayed for 2+ years

■ 58% conviction (2yr+) ■ 26% medium ■ 17% new
129 out of 224 hedge funds have held GO 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 +2%, value -41%

Value
-41%
Shares
+1%
Last quarter: funds added +2% more shares while total portfolio value only changed -41%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~42 new funds/quarter

51 → 59 → 51 → 54 → 42 new funds/Q
New funds entering each quarter: 59 → 51 → 54 → 42. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 67% veterans vs 22% newcomers

■ 67% veterans ■ 12% 1-2yr ■ 22% new
Entry-cohort mix of 232 holders: 155 (67%) are 2+ year veterans, 27 entered 1–2 years ago, and 50 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 41% AUM from top-100 funds

41% from top-100 AUM funds
43 of 222 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in GO. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.0
out of 10
Low Exit Risk
Exit risk score 3.0/10 — 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 — GO

In 2026 Q1, 122 hedge funds were net buyers of GO (42 opened a new position, 80 added to an existing one), while 132 reduced or exited (75 trimmed, 57 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 41% of total institutional value in GO is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -15 funds (more exits than new entries). Total institutional holders: 224.

Hedge Fund Ownership: GO

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

Market Analysis: GO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: GO

-- --

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

Is It Too Late to Buy Grocery Outlet Hldg Corp (GO) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much GO has moved relative to its sector benchmark (XLP) 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 · 89d ago
GO
+40.7%
XLP
+4.0%

GO outperformed XLP by +36.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 44d ago
GO
+34.1%
XLP
+0.8%

Since the filing became public, GO outperformed XLP by +33.3% .

Interpretation: The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

20 top-rated funds 1 high-conviction
Consensus
5.7
/ 10
breadth
×
Elite
1.3
/ 10
conviction
Hedge Fund Positioning: GO
223 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 223 239 -6.69%
13F Shares 114M 113M 0.85%
Total Value $662M $1.14B -41.67%
New Positions 42 54 -12
Increased Positions 79 75 +4
Closed Positions 58 55 +3
Reduced Positions 73 91 -18
Total Calls 4 5 -20.0%
Total Puts 6 5 20.0%
PUT/CALL Ratio 1.5 1.0 Bearish

Statistics: GO

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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 Q1)

223 + investors

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

QUARTER:
Top 25 GO holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Whitebark Investors LP 9.13% 1,619,274 $11.4M
2 Mill Road Capital Management LLC 8.76% 2,370,897 $16.7M
3 Solas Capital Management, LLC 5.66% 1,395,185 $9.8M
4 Scientech Research LLC 0.75% 127,501 $899K
5 Becker Capital Management Inc 0.53% 2,577,463 $18.2M
6 Red Spruce Capital, LLC 0.37% 129,045 $910K
7 Landscape Capital Management, L.L.C. 0.34% 752,033 $5.3M
8 J. Goldman & Co LP 0.33% 1,634,131 $11.5M
9 Optimize Financial Inc 0.33% 96,386 $680K
10 Rangeley Capital, LLC 0.27% 40,000 $282K
11 Heartland Advisors Inc 0.27% 739,850 $5.2M
12 Dana Investment Advisors, Inc. 0.25% 1,171,471 $8.3M
13 Resolute Capital Asset Partners LLC 0.19% 50,000 $352K
14 Grandeur Peak Global Advisors, LLC 0.18% 111,496 $786K
15 Bastion Asset Management Inc. 0.16% 74,596 $525K
16 Granite Investment Partners, LLC 0.14% 320,093 $2.3M
17 Militia Capital Management LLC 0.13% 83,696 $590K
18 Rice Hall James & Associates, LLC 0.13% 327,550 $2.3M
19 Atom Investors LP 0.11% 217,039 $1.5M
20 Dynamic Technology Lab Private Ltd 0.10% 83,338 $588K
21 CenterBook Partners LP 0.09% 243,596 $1.7M
22 Manhattan West Asset Management, LLC 0.09% 66,520 $469K
23 Bridgeway Capital Management, LLC 0.08% 594,490 $4.2M
24 Numerai GP LLC 0.08% 115,122 $812K
25 Caitong International Asset Management Co., Ltd 0.05% 40,318 $284K
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 — Grocery Outlet Hldg Corp (GO)

What does the Smart Money Trend signal show for GO?

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

More sellers than buyers — 48% buying: Last quarter: 132 funds reduced or exited vs 122 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 GO holders?

Elite ownership — 41% AUM from top-100 funds: 43 of 222 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in GO. 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 GO?

58% of holders stayed for 2+ years: 129 out of 224 hedge funds have held GO 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 Grocery Outlet Hldg Corp (GO) following the 2026 Q1 hedge fund 13F filings?

As of today, GO has moved +34.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.8% for the XLP sector ETF — an outperformance of +33.3%. Since the quarter end (March 31, 2026), GO has gained +40.7% vs +4.0% for XLP. 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.

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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