Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Vaneck Bitcoin ETF (HODL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
→ 0
Streak
1Q —
Buyers last Q
53%

Smart Money Signals — HODL

Based on 129 hedge funds · latest filing: 2026 Q1 · updated quarterly

➡️

No change last quarter

last 6Q
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
129 hedge funds hold HODL 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 — +54% more funds vs a year ago

fund count last 6Q
+45 new funds entered over the past year (+54% 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

72 buying64 selling
Last quarter: 72 funds bought or added vs 64 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 (-7 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 35 → 25 → 36 → 29. 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.
🔄

Mostly new holders — 46% entered in last year

■ 11% conviction (2yr+) ■ 43% medium ■ 46% new
Only 14 funds (11%) 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 +19%, value -31%

Value
-30%
Shares
+18%
Last quarter: funds added +19% more shares while total portfolio value only changed -31%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~29 new funds/quarter

22 → 35 → 25 → 36 → 29 new funds/Q
New funds entering each quarter: 35 → 25 → 36 → 29. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱

Early stage — 56% of holders entered in last year

■ 1% veterans ■ 43% 1-2yr ■ 56% new
Of 130 current holders: 73 (56%) entered in the past year, only 1 (1%) 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.
📋

Smaller funds dominant — 13% AUM from top-100

13% from top-100 AUM funds
12 of 128 holders rank in the top 100 by AUM, but together hold only 13% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.6
out of 10
Moderate Exit Risk
Exit risk score 4.6/10 — 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 — HODL

In 2026 Q1, 72 hedge funds were net buyers of HODL (29 opened a new position, 43 added to an existing one), while 64 reduced or exited (35 trimmed, 29 sold completely) — a 53% buyer ratio, indicating a slight buying edge. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 129.

Hedge Fund Ownership: HODL

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

Market Analysis: HODL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HODL

-- --

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

Is It Too Late to Buy Vaneck Bitcoin ETF (HODL) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much HODL has moved relative to its sector benchmark (SPY) 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 · 82d ago
HODL
-7.1%
SPY
+15.1%

HODL outperformed SPY by -22.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 37d ago
HODL
-20.4%
SPY
+1.3%

Since the filing became public, HODL outperformed SPY by -21.7% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

5 top-rated funds 0 high-conviction
Consensus
3.4
/ 10
breadth
×
Elite
0.8
/ 10
conviction
Hedge Fund Positioning: HODL
127 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 127 129 -1.55%
13F Shares 23M 19M 18.51%
Total Value $329M $477M -30.96%
New Positions 29 36 -7
Increased Positions 41 46 -5
Closed Positions 31 28 +3
Reduced Positions 35 26 +9
Total Calls 2 1 100.0%
Total Puts 0 1 -100.0%
PUT/CALL Ratio 0.0 1.0 Bullish

Statistics: HODL

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Institutional Holders (2026 Q1)

127 + investors

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

QUARTER:
Top 25 HODL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Bouchey Financial Group Ltd 1.43% 957,597 $19.5M
2 Farringdon Capital, Ltd. 1.09% 260,621 $5.0M
3 Berger Financial Group, Inc 0.92% 858,524 $16.4M
4 Q Fund Management (Hong Kong) Ltd 0.74% 32,000 $791K
5 Syon Capital LLC 0.70% 728,768 $14.0M
6 NEOS Investment Management LLC 0.52% 5,374,907 $103.0M
7 Darwin Wealth Management, LLC 0.47% 78,380 $1.5M
8 Mattson Financial Services, LLC 0.44% 96,343 $1.8M
9 Addison Capital Co 0.43% 125,192 $2.4M
10 Norden Group LLC 0.34% 186,595 $3.6M
11 Kraematon Investment Advisors, Inc 0.34% 21,503 $412K
12 Heck Capital Advisors, LLC 0.29% 202,943 $3.9M
13 IRON Financial LLC 0.21% 24,679 $473K
14 Stansberry Asset Management, LLC 0.20% 103,660 $2.0M
15 Avalon Capital Management 0.20% 36,702 $703K
16 Gradient Investments LLC 0.19% 624,768 $12.0M
17 Samalin Investment Counsel, LLC 0.17% 25,519 $489K
18 Paladin Wealth, LLC 0.15% 11,531 $221K
19 Mason & Associates Inc 0.14% 37,425 $704K
20 Firestone Capital Management 0.13% 33,510 $642K
21 MADDEN SECURITIES Corp 0.12% 21,080 $404K
22 Lifestyle Asset Management, Inc. 0.11% 17,263 $331K
23 Accurate Wealth Management, LLC 0.10% 41,845 $868K
24 Flagstar Advisors Inc 0.10% 14,595 $280K
25 Tidal Investments LLC 0.10% 2,451,058 $47.0M
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 — Vaneck Bitcoin ETF (HODL)

What does the Smart Money Trend signal show for HODL?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for HODL?

Slight buying edge — 53% buying: Last quarter: 72 funds bought or added vs 64 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 HODL holders?

Smaller funds dominant — 13% AUM from top-100: 12 of 128 holders rank in the top 100 by AUM, but together hold only 13% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held HODL?

Mostly new holders — 46% entered in last year: Only 14 funds (11%) 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 Vaneck Bitcoin ETF (HODL) following the 2026 Q1 hedge fund 13F filings?

As of today, HODL has moved -20.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.3% for the SPY sector ETF — an outperformance of -21.7%. Since the quarter end (March 31, 2026), HODL has gained -7.1% vs +15.1% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near 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.

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