Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Hecla Mining Company (HL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +24
Streak
10Q ▲
Buyers last Q
53%

Smart Money Signals — HL

Based on 581 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 10 quarters in a row

last 6Q
For 10 consecutive quarters, more hedge funds added HL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
581 hedge funds hold HL right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +51% more funds vs a year ago

fund count last 6Q
+196 new funds entered over the past year (+51% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 53% buying

328 buying286 selling
Last quarter: 328 funds bought or added vs 286 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-13 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 121 → 136 → 128 → 115. 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.
🔒

47% of holders stayed for 2+ years

■ 47% conviction (2yr+) ■ 23% medium ■ 29% new
275 out of 581 hedge funds have held HL 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 — ~115 new funds/quarter

59 → 121 → 136 → 128 → 115 new funds/Q
New funds entering each quarter: 121 → 136 → 128 → 115. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 56% veterans vs 34% newcomers

■ 56% veterans ■ 9% 1-2yr ■ 34% new
Entry-cohort mix of 621 holders: 350 (56%) are 2+ year veterans, 58 entered 1–2 years ago, and 213 (34%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 56% AUM from top-100 funds

56% from top-100 AUM funds
60 of 579 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in HL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.3
out of 10
Moderate Exit Risk
Exit risk score 4.3/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 — HL

In 2026 Q2, 328 hedge funds were net buyers of HL (115 opened a new position, 213 added to an existing one), while 286 reduced or exited (195 trimmed, 91 sold completely) — a 53% buyer ratio, indicating a slight buying edge. This marks 10 consecutive quarters of net institutional buying — a persistent conviction signal. 56% of total institutional value in HL is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +24 funds (more new holders than closures). Total institutional holders: 581.

Hedge Fund Ownership: HL

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

Market Analysis: HL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HL

-- --

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.

18 top-rated funds 4 high-conviction
Consensus
5.6
/ 10
breadth
×
Elite
3.1
/ 10
conviction
Hedge Fund Positioning: HL
574 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 574 557 3.05%
13F Shares 512M 508M 0.67%
Total Value $7.80B $8.75B -10.84%
New Positions 112 128 -16
Increased Positions 201 221 -20
Closed Positions 93 91 +2
Reduced Positions 183 157 +26
Total Calls 24 25 -4.0%
Total Puts 17 13 30.77%
PUT/CALL Ratio 0.71 0.52 Neutral

Statistics: HL

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 Q2)

574 + investors

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

QUARTER:
Top 25 HL holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 REX Advisers, LLC 3.98% 114,300 $1.8M
2 Steadtrust LLC 3.25% 416,180 $6.4M
3 Oppenheimer & Close, LLC 3.22% 331,280 $5.1M
4 Abbington Investment Group 3.09% 314,772 $4.9M
5 Cedrus Wealth Group LLC 2.00% 148,743 $2.3M
6 Parvin Asset Management, LLC 1.99% 164,125 $2.5M
7 Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. 1.72% 52,100 $804K
8 Mh & Associates Securities Management Corp /Adv 1.01% 73,315 $1.1M
9 Harvest Investment Services, LLC 0.69% 287,203 $4.4M
10 FORA Capital, LLC 0.68% 640,524 $9.9M
11 Oxbow Advisors, LLC 0.61% 483,195 $7.5M
12 Phocas Financial Corp. 0.58% 271,410 $4.2M
13 Tidal Investments LLC 0.58% 21,633,448 $333.8M
14 Towne Trust Company, N.A 0.52% 110,800 $1.7M
15 Jupiter Asset Management Ltd 0.46% 6,069,856 $93.7M
16 NJ State Employees Deferred Compensation Plan 0.43% 325,550 $3.9M
17 Ninepoint Partners LP 0.42% 358,600 $5.5M
18 Catalyst Funds Management Pty Ltd 0.38% 437,100 $6.7M
19 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.36% 19,671,503 $303.5M
20 Van Eck Associates Corp 0.36% 38,174,114 $589.0M
21 Cvfg LLC 0.35% 215,012 $3.3M
22 Ridge Creek Global, Inc 0.34% 28,000 $432K
23 B. Riley Wealth Advisors, Inc. 0.34% 406,880 $6.3M
24 Florida Financial Advisors, LLC 0.33% 124,750 $1.9M
25 Navellier & Associates Inc 0.30% 244,849 $3.8M
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 — Hecla Mining Company (HL)

What does the Smart Money Trend signal show for HL?

Buying streak — 10 quarters in a row: For 10 consecutive quarters, more hedge funds added HL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for HL?

Slight buying edge — 53% buying: Last quarter: 328 funds bought or added vs 286 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for HL holders?

Elite ownership — 56% AUM from top-100 funds: 60 of 579 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in HL. 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 HL?

47% of holders stayed for 2+ years: 275 out of 581 hedge funds have held HL 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.

Full history →