Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Hinge Health Inc (HNGE)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +24
Streak
4Q ▲
Buyers last Q
60%

Smart Money Signals — HNGE

Based on 202 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added HNGE 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
202 hedge funds hold HNGE 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 — +20100% more funds vs a year ago

fund count last 6Q
+201 new funds entered over the past year (+20100% 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.
🟢

More buyers than sellers — 60% buying

135 buying89 selling
Last quarter: 135 funds were net buyers (61 opened a brand new position + 74 added to an existing one). Only 89 were sellers (52 trimmed + 37 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~61 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 115 → 68 → 61 → 61. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 70% entered in last year

■ 4% conviction (2yr+) ■ 26% medium ■ 70% new
Only 8 funds (4%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💎

Buying through price weakness — shares +9%, value -10%

Value
-10%
Shares
+8%
Last quarter: funds added +9% more shares while total portfolio value only changed -10%. 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

1 → 115 → 68 → 61 → 61 new funds/Q
New funds entering each quarter: 115 → 68 → 61 → 61. HNGE is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🌱

Early stage — 95% of holders entered in last year

■ 5% veterans ■ 0% 1-2yr ■ 95% new
Of 209 current holders: 199 (95%) entered in the past year, only 10 (5%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
✅

Strong quality — 20% AUM from major funds

20% from top-100 AUM funds
40 of 201 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.
6.8
out of 10
Moderate Exit Risk
Exit risk score 6.8/10 — 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 — HNGE

In 2026 Q1, 135 hedge funds were net buyers of HNGE (61 opened a new position, 74 added to an existing one), while 89 reduced or exited (52 trimmed, 37 sold completely) — a 60% buyer ratio, indicating clear institutional accumulation. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 20% of total institutional value in HNGE is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +24 funds (more new holders than closures). Total institutional holders: 202.

Hedge Fund Ownership: HNGE

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

Market Analysis: HNGE

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HNGE

-- --

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

Is It Too Late to Buy Hinge Health Inc (HNGE) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much HNGE 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 · 84d ago
HNGE
+82.5%
XLV
+2.8%

HNGE outperformed XLV by +79.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 39d ago
HNGE
+29.1%
XLV
+3.9%

Since the filing became public, HNGE outperformed XLV by +25.2% .

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.

22 top-rated funds 5 high-conviction
Consensus
5.9
/ 10
breadth
×
Elite
4.6
/ 10
conviction
Hedge Fund Positioning: HNGE
200 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 200 178 12.36%
13F Shares 56M 52M 8.83%
Total Value $2.15B $2.39B -10.11%
New Positions 60 61 -1
Increased Positions 74 74 -
Closed Positions 38 28 +10
Reduced Positions 48 29 +19
Total Calls 5 4 25.0%
Total Puts 3 1 200.0%
PUT/CALL Ratio 0.6 0.25 Bullish

Statistics: HNGE

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Valuation Measures Data as of: --

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Financial Highlights

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Institutional Holders (2026 Q1)

200 + investors

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

QUARTER:
Top 25 HNGE holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 11.2 Capital Management, LLC 100.00% 3,704,524 $142.8M
2 Vitruvian Partners LLP 43.09% 1,250,000 $48.2M
3 Insight Holdings Group, LLC 25.37% 9,375,164 $361.5M
4 Deer Management Co. LLC 16.32% 2,633,707 $101.6M
5 Yiheng Capital Management, L.P. 4.96% 296,853 $11.4M
6 BIT Capital GmbH 4.30% 2,309,797 $89.1M
7 Shannon River Fund Management LLC 3.07% 417,182 $16.1M
8 Potrero Capital Research LLC 2.77% 117,162 $4.5M
9 Estuary Capital Management LP 2.54% 394,221 $15.2M
10 Gagnon Advisors, LLC 2.29% 80,787 $3.1M
11 Braidwell LP 1.87% 1,455,123 $56.1M
12 Foresite Capital Management VI LLC 1.85% 220,400 $8.5M
13 ArrowMark Colorado Holdings LLC 1.61% 1,575,283 $60.7M
14 Apis Capital Advisors, LLC 1.25% 211,000 $8.1M
15 Panoramic Capital, LLC 1.22% 45,000 $1.7M
16 Cannon Global Investment Management, LLC 1.20% 15,900 $613K
17 Gagnon Securities LLC 1.11% 124,250 $4.8M
18 Sandler Capital Management 0.97% 48,400 $1.9M
19 Divisadero Street Capital Management, LP 0.92% 570,659 $22.0M
20 Rtw Investments, LP 0.74% 1,930,000 $74.4M
21 Burkehill Global Management, LP 0.67% 350,000 $13.5M
22 Sandler Capital Management 0.63% 31,341 $1.2M
23 Lisanti Capital Growth, LLC 0.58% 59,200 $2.3M
24 Oberweis Asset Management Inc/ 0.53% 465,766 $18.0M
25 1492 Capital Management LLC 0.51% 34,567 $1.3M
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 — Hinge Health Inc (HNGE)

What does the Smart Money Trend signal show for HNGE?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added HNGE 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 HNGE?

More buyers than sellers — 60% buying: Last quarter: 135 funds were net buyers (61 opened a brand new position + 74 added to an existing one). Only 89 were sellers (52 trimmed + 37 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for HNGE holders?

Strong quality — 20% AUM from major funds: 40 of 201 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 HNGE?

Mostly new holders — 70% entered in last year: Only 8 funds (4%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Hinge Health Inc (HNGE) following the 2026 Q1 hedge fund 13F filings?

As of today, HNGE has moved +29.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.9% for the XLV sector ETF — an outperformance of +25.2%. Since the quarter end (March 31, 2026), HNGE has gained +82.5% vs +2.8% 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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