Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

D Market Electr Svcs & Tradi (HEPS)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -3
Streak
2Q ▼
Buyers last Q
46%

Smart Money Signals — HEPS

Based on 31 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 HEPS positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🔻

Below peak — only 66% of 3.0Y high

66% of all-time peak
Only 31 funds hold HEPS today versus a peak of 47 funds at 2024 Q4 — just 66% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
📉

Outflows — 22% fewer funds vs a year ago

fund count last 6Q
9 fewer hedge funds hold HEPS compared to a year ago (-22% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 46% buying

16 buying19 selling
Last quarter: 19 funds reduced or exited vs 16 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 — ~7 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 6 → 11 → 6 → 7. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌

Mixed — 39% long-term, 26% new

■ 39% conviction (2yr+) ■ 35% medium ■ 26% new
Of the 31 current holders: 12 (39%) held >2 years, 11 held 1–2 years, and 8 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
📊

Peak discovery — momentum slowing

10 → 6 → 11 → 6 → 7 new funds/Q
New funds entering each quarter: 6 → 11 → 6 → 7. HEPS is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 45% veterans vs 27% newcomers

■ 45% veterans ■ 27% 1-2yr ■ 27% new
Entry-cohort mix of 33 holders: 15 (45%) are 2+ year veterans, 9 entered 1–2 years ago, and 9 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 20% AUM from major funds

20% from top-100 AUM funds
11 of 30 holders rank in the top 100 by AUM, accounting for 20% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.1
out of 10
Low Exit Risk
Exit risk score 2.1/10 — 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 — HEPS

In 2026 Q1, 16 hedge funds were net buyers of HEPS (7 opened a new position, 9 added to an existing one), while 19 reduced or exited (9 trimmed, 10 sold completely) — a 46% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 20% of total institutional value in HEPS is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -3 funds (more exits than new entries). Total institutional holders: 31.

Hedge Fund Ownership: HEPS

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

Market Analysis: HEPS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HEPS

-- --

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

Is It Too Late to Buy D Market Electr Svcs & Tradi (HEPS) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much HEPS has moved relative to its sector benchmark (XLY) 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 · 79d ago
HEPS
+6.9%
XLY
+6.0%

HEPS outperformed XLY by +0.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
HEPS
+9.4%
XLY
-0.9%

Since the filing became public, HEPS outperformed XLY by +10.3% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

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
0.3
/ 10
conviction
Hedge Fund Positioning: HEPS
31 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 31 34 -8.82%
13F Shares 25M 30M -17.6%
Total Value $66M $75M -12.97%
New Positions 7 6 +1
Increased Positions 9 11 -2
Closed Positions 10 15 -5
Reduced Positions 7 11 -4
Total Calls 2 2 -
Total Puts 1 0 100%
PUT/CALL Ratio 0.5 0.0 Bullish

Statistics: HEPS

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 Q1)

31 + investors

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

QUARTER:
Top 25 HEPS holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 VR Advisory Services Ltd 5.11% 16,472,821 $43.2M
2 Rangeley Capital, LLC 0.51% 200,000 $524K
3 JBF Capital, Inc. 0.01% 30,949 $81K
4 Capricorn Fund Managers Ltd 0.01% 29,185 $76K
5 GAMMA Investing LLC 0.00% 31,183 $82K
6 XTX Topco Ltd 0.00% 71,283 $187K
7 Schonfeld Strategic Advisors LLC 0.00% 69,000 $181K
8 BNP Paribas Financial Markets 0.00% 871,751 $2.3M
9 Nomura Asset Management International INC. 0.00% 159,800 $419K
10 Twin Peaks Wealth Advisors, LLC 0.00% 677 $2K
11 SBI Securities Co., Ltd. 0.00% 5,150 $13K
12 Russell Investments Group, Ltd. 0.00% 121,305 $318K
13 UBS Group AG 0.00% 813,594 $2.1M
14 Aberdeen Group plc 0.00% 74,212 $194K
15 Vident Advisory, LLC 0.00% 12,669 $33K
16 BlackRock, Inc. 0.00% 2,747,500 $7.2M
17 Ieq Capital, LLC 0.00% 10,284 $27K
18 Two Sigma Advisers, LP 0.00% 22,600 $56K
19 Two Sigma Investments, LP 0.00% 39,738 $104K
20 Morgan Stanley 0.00% 522,636 $1.4M
21 Rhumbline Advisers 0.00% 14,066 $37K
22 Citadel Advisors LLC 0.00% 60,000 $157K
23 Jane Street Group, LLC 0.00% 61,029 $160K
24 Susquehanna International Group, LLP 0.00% 48,746 $128K
25 Citadel Advisors LLC 0.00% 10,900 $29K
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 — D Market Electr Svcs & Tradi (HEPS)

What does the Smart Money Trend signal show for HEPS?

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

More sellers than buyers — 46% buying: Last quarter: 19 funds reduced or exited vs 16 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 HEPS holders?

Strong quality — 20% AUM from major funds: 11 of 30 holders rank in the top 100 by AUM, accounting for 20% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held HEPS?

Mixed — 39% long-term, 26% new: Of the 31 current holders: 12 (39%) held >2 years, 11 held 1–2 years, and 8 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Is it too late to buy D Market Electr Svcs & Tradi (HEPS) following the 2026 Q1 hedge fund 13F filings?

As of today, HEPS has moved +9.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to -0.9% for the XLY sector ETF — an outperformance of +10.3%. Since the quarter end (March 31, 2026), HEPS has gained +6.9% vs +6.0% for XLY. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to 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.

Full history →