Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Advisorshares Tr (HDGE)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -5
Streak
1Q ▼
Buyers last Q
41%

Smart Money Signals — HDGE

Based on 23 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their HDGE 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 — 70% of 3.0Y peak

70% of all-time peak
23 funds currently hold this stock — 70% of the 3.0-year high of 33 funds (reached 2023 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +15% more funds vs a year ago

fund count last 6Q
+3 new funds entered over the past year (+15% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 41% buying

12 buying17 selling
Last quarter: 17 funds reduced or exited vs 12 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 (-6 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 3 → 6 → 12 → 6. 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+) ■ 4% medium ■ 35% new
14 out of 23 hedge funds have held HDGE 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.
➡️

Steady discovery — ~6 new funds/quarter

5 → 3 → 6 → 12 → 6 new funds/Q
New funds entering each quarter: 3 → 6 → 12 → 6. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 65% veterans vs 30% newcomers

■ 65% veterans ■ 4% 1-2yr ■ 30% new
Entry-cohort mix of 23 holders: 15 (65%) are 2+ year veterans, 1 entered 1–2 years ago, and 7 (30%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 67% AUM from top-100 funds

67% from top-100 AUM funds
5 of 22 holders are among the 100 largest funds by AUM, controlling 67% of total institutional value in HDGE. 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 — HDGE

In 2026 Q2, 12 hedge funds were net buyers of HDGE (6 opened a new position, 6 added to an existing one), while 17 reduced or exited (6 trimmed, 11 sold completely) — a 41% buyer ratio, indicating roughly balanced activity. 67% of total institutional value in HDGE is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -5 funds (more exits than new entries). Total institutional holders: 23.

Hedge Fund Ownership: HDGE

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

Market Analysis: HDGE

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HDGE

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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.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: HDGE
2026 Q3 Stats Unlock in 48 days 22 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 22 28 -21.43%
13F Shares 2M 2M -25.63%
Total Value $30M $44M -31.69%
New Positions 6 12 -6
Increased Positions 5 6 -1
Closed Positions 11 5 +6
Reduced Positions 7 6 +1
Total Calls 0 1 -100.0%
Total Puts 1 2 -50.0%
PUT/CALL Ratio 0.0 2.0 Bullish

Statistics: HDGE

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Institutional Holders (2026 Q2)

22 + investors

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

QUARTER:
Top 21 HDGE holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Vima LLC 0.17% 10,649 $176K
2 Birchwood Financial Partners, Inc. 0.04% 2,989 $49K
3 Synergy Asset Management, LLC 0.02% 12,404 $205K
4 Quantum Portfolio Management LLC 0.01% 1,250 $21K
5 Independent Financial Group, LLC 0.01% 18,700 $308K
6 LPL Financial LLC 0.00% 742,804 $12.2M
7 Mml Investors Services, LLC 0.00% 68,637 $1.1M
8 Osaic Holdings, INC. 0.00% 93,676 $1.5M
9 Raymond James Financial Inc 0.00% 264,166 $4.4M
10 Hrt Financial LP 0.00% 22,643 $373K
11 Morgan Stanley 0.00% 326,156 $5.4M
12 Citadel Advisors LLC 0.00% 105,100 $1.7M
13 CVA Family Office, LLC 0.00% 129 $2K
14 Johnson Financial Group, Inc. 0.00% 323 $5K
15 EverSource Wealth Advisors, LLC 0.00% 295 $5K
16 Royal Bank of Canada 0.00% 64,684 $1.1M
17 National Bank of Canada /Fi/ 0.00% 5,000 $82K
18 Bank of Montreal /Can/ 0.00% 9,700 $160K
19 Susquehanna International Group, LLP 0.00% 37,261 $614K
20 UBS Group AG 0.00% 17,692 $292K
21 Federation des caisses Desjardins du Quebec 0.00% 400 $7K
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 — Advisorshares Tr (HDGE)

What does the Smart Money Trend signal show for HDGE?

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

More sellers than buyers — 41% buying: Last quarter: 17 funds reduced or exited vs 12 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 HDGE holders?

Elite ownership — 67% AUM from top-100 funds: 5 of 22 holders are among the 100 largest funds by AUM, controlling 67% of total institutional value in HDGE. 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 HDGE?

61% of holders stayed for 2+ years: 14 out of 23 hedge funds have held HDGE 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.

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