Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Hims & Hers Health Inc (HIMS)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -49
Streak
3Q ▼
Buyers last Q
48%

Smart Money Signals — HIMS

Based on 436 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds reduced or closed their HIMS 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 — 84% of 3.0Y peak

84% of all-time peak
436 funds currently hold this stock — 84% of the 3.0-year high of 521 funds (reached 2025 Q2). 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 HIMS is almost the same as a year ago (+4 funds, +1% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 48% buying

262 buying283 selling
Last quarter: 283 funds reduced or exited vs 262 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 (-8 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 146 → 103 → 97 → 89. 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.
📌

Mixed — 34% long-term, 29% new

■ 34% conviction (2yr+) ■ 38% medium ■ 29% new
Of the 436 current holders: 147 (34%) held >2 years, 164 held 1–2 years, and 125 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.
💎

Buying through price weakness — shares -14%, value -46%

Value
-45%
Shares
-14%
Last quarter: funds added -14% more shares while total portfolio value only changed -46%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

118 → 146 → 103 → 97 → 89 new funds/Q
New funds entering each quarter: 146 → 103 → 97 → 89. HIMS 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 — 40% veterans vs 37% newcomers

■ 40% veterans ■ 23% 1-2yr ■ 37% new
Entry-cohort mix of 481 holders: 191 (40%) are 2+ year veterans, 111 entered 1–2 years ago, and 179 (37%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 39% AUM from major funds

39% from top-100 AUM funds
51 of 428 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
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 — HIMS

In 2026 Q1, 262 hedge funds were net buyers of HIMS (89 opened a new position, 173 added to an existing one), while 283 reduced or exited (145 trimmed, 138 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. This extends a 3-quarter selling streak, suggesting sustained institutional caution. 39% of total institutional value in HIMS is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -49 funds (more exits than new entries). Total institutional holders: 436.

Hedge Fund Ownership: HIMS

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

Market Analysis: HIMS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HIMS

-- --

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

Is It Too Late to Buy Hims & Hers Health Inc (HIMS) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much HIMS has moved relative to its sector benchmark (XLV) 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 · 81d ago
HIMS
+70.9%
XLV
+2.1%

HIMS outperformed XLV by +68.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 36d ago
HIMS
+41.6%
XLV
+3.2%

Since the filing became public, HIMS outperformed XLV by +38.4% .

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.

33 top-rated funds 7 high-conviction
Consensus
6.6
/ 10
breadth
×
Elite
4.6
/ 10
conviction
Hedge Fund Positioning: HIMS
436 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 436 485 -10.1%
13F Shares 207M 241M -14.15%
Total Value $4.23B $7.83B -45.94%
New Positions 89 97 -8
Increased Positions 158 177 -19
Closed Positions 138 129 +9
Reduced Positions 138 163 -25
Total Calls 24 28 -14.29%
Total Puts 29 38 -23.68%
PUT/CALL Ratio 1.21 1.36 Bearish

Statistics: HIMS

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Valuation Measures Data as of: --

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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)

436 + investors

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

QUARTER:
Top 25 HIMS holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 FirstWave Capital Management LLC 5.74% 260,247 $5.4M
2 Foresite Capital Management V, LLC 5.65% 738,151 $15.3M
3 BLKBRD Asset Management, LP 5.46% 100,536 $2.1M
4 Greenfield Seitz Capital Management, LLC 3.28% 524,046 $10.9M
5 Defiance ETFs, LLC 2.21% 7,424,258 $154.1M
6 Kelly Lawrence W & Associates Inc/Ca 1.93% 333,995 $6.9M
7 Metavasi Capital LP 1.67% 222,000 $4.6M
8 Eddie Patel Inc 1.36% 85,141 $1.8M
9 Casdin Capital, LLC 1.10% 700,000 $14.5M
10 Intercapital, LLC 1.10% 158,509 $3.3M
11 Thrive Capital Management, LLC 1.00% 218,753 $4.5M
12 Creek Drive Management Group LLC 0.90% 189,500 $3.9M
13 Scientech Research LLC 0.83% 48,166 $1000K
14 Peak Retirement Planning, Inc. 0.82% 198,427 $4.1M
15 Nicholas Wealth, LLC. 0.62% 43,265 $898K
16 Lake Street Private Wealth, LLC 0.54% 205,903 $4.3M
17 Hohimer Wealth Management, LLC 0.54% 221,100 $4.6M
18 Neo Ivy Capital Management 0.54% 98,582 $2.0M
19 Bayesian Capital Management, LP 0.53% 20,908 $434K
20 Impact Investors, Inc 0.52% 36,290 $753K
21 Kurv Investment Management LLC 0.49% 45,034 $846K
22 Philosophy Capital Management LLC 0.45% 350,000 $7.3M
23 Divisadero Street Capital Management, LP 0.41% 469,833 $9.8M
24 Winnow Wealth LLC 0.36% 22,679 $471K
25 Genesee Capital Advisors, LLC 0.34% 39,150 $813K
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 — Hims & Hers Health Inc (HIMS)

What does the Smart Money Trend signal show for HIMS?

Selling streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds reduced or closed their HIMS 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 HIMS?

More sellers than buyers — 48% buying: Last quarter: 283 funds reduced or exited vs 262 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 HIMS holders?

Strong quality — 39% AUM from major funds: 51 of 428 holders rank in the top 100 by AUM, accounting for 39% 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 HIMS?

Mixed — 34% long-term, 29% new: Of the 436 current holders: 147 (34%) held >2 years, 164 held 1–2 years, and 125 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 Hims & Hers Health Inc (HIMS) following the 2026 Q1 hedge fund 13F filings?

As of today, HIMS has moved +41.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.2% for the XLV sector ETF — an outperformance of +38.4%. Since the quarter end (March 31, 2026), HIMS has gained +70.9% vs +2.1% for XLV. 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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