Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Vaneck Bitcoin ETF (HODL)

128 + 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
↑ +2
Streak
1Q ▲
Buyers last Q
55%

Smart Money Signals — HODL

Based on 131 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added HODL 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
131 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.
📶

Steady growth — +20% more funds vs a year ago

fund count last 6Q
+22 new funds entered over the past year (+20% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 55% buying

71 buying58 selling
Last quarter: 71 funds bought or added vs 58 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.
➡️

Steady new buyers — ~27 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 25 → 37 → 29 → 27. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 44% entered in last year

■ 21% conviction (2yr+) ■ 34% medium ■ 44% new
Only 28 funds (21%) 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.
💰

Value +55% but shares only +34% — price-driven

Value
+54%
Shares
+34%
Last quarter: the total dollar value of institutional holdings rose +55%, but actual share count only changed +34%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~27 new funds/quarter

36 → 25 → 37 → 29 → 27 new funds/Q
New funds entering each quarter: 25 → 37 → 29 → 27. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 15% veterans, 54% new entrants

■ 15% veterans ■ 31% 1-2yr ■ 54% new
Of 131 current holders: 19 (15%) held 2+ years, 41 held 1–2 years, 71 (54%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋

Smaller funds dominant — 2% AUM from top-100

2% from top-100 AUM funds
10 of 130 holders rank in the top 100 by AUM, but together hold only 2% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
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 — HODL

In 2026 Q2, 71 hedge funds were net buyers of HODL (27 opened a new position, 44 added to an existing one), while 58 reduced or exited (33 trimmed, 25 sold completely) — a 55% buyer ratio, indicating a slight buying edge. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 131.

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.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

4 top-rated funds 1 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
1.1
/ 10
conviction
Hedge Fund Positioning: HODL
128 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 128 129 -0.78%
13F Shares 31M 23M 34.4%
Total Value $510M $330M 54.83%
New Positions 25 29 -4
Increased Positions 43 42 +1
Closed Positions 25 30 -5
Reduced Positions 33 35 -2
Total Calls 1 2 -50.0%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: HODL

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)

128 + 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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Farringdon Capital, Ltd. 2.44% 296,450 $4.9M
2 Ascent Advisors, LLC 1.09% 55,647 $944K
3 Bouchey Financial Group, Ltd. 1.06% 983,628 $16.3M
4 Berger Financial Group, Inc 0.70% 828,848 $13.8M
5 Mattson Financial Services, LLC 0.50% 132,660 $2.4M
6 Darwin Wealth Management, LLC 0.39% 86,092 $1.4M
7 NEOS Investment Management LLC 0.32% 5,282,111 $87.7M
8 Addison Capital Co 0.31% 114,594 $1.9M
9 Kraematon Investment Advisors, Inc 0.27% 21,713 $361K
10 Archer Investment Management, LLC 0.21% 37,593 $624K
11 Gradient Investments LLC 0.21% 922,374 $15.3M
12 IRON Financial LLC 0.17% 25,505 $424K
13 Paladin Wealth, LLC 0.17% 17,540 $291K
14 Van Eck Associates Corp 0.15% 14,800,670 $245.8M
15 Samalin Investment Counsel, LLC 0.13% 25,727 $427K
16 Avalon Capital Management 0.13% 33,716 $560K
17 Mason & Associates Inc 0.10% 38,637 $642K
18 Accurate Wealth Management, LLC 0.09% 53,363 $965K
19 MADDEN SECURITIES Corp 0.09% 18,880 $314K
20 Hilltop Holdings Inc. 0.08% 63,758 $1.1M
21 Hippocratic Financial Advisors, LLC 0.08% 12,856 $214K
22 Flagstar Securities, Inc 0.07% 14,948 $248K
23 Rede Wealth, LLC 0.07% 12,793 $212K
24 Iams Wealth Management, LLC 0.07% 13,714 $228K
25 Pioneer Family Office, LLC 0.07% 8,000 $133K
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?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added HODL 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 HODL?

Slight buying edge — 55% buying: Last quarter: 71 funds bought or added vs 58 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 — 2% AUM from top-100: 10 of 130 holders rank in the top 100 by AUM, but together hold only 2% 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 — 44% entered in last year: Only 28 funds (21%) 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.

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 →