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
↑ +8
Streak
8Q ▲
Buyers last Q
60%

Smart Money Signals — HODL

Based on 126 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 8 quarters in a row

last 6Q
For 8 consecutive quarters, 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
126 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 — +66% more funds vs a year ago

fund count last 6Q
+50 new funds entered over the past year (+66% 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

81 buying55 selling
Last quarter: 81 funds were net buyers (36 opened a brand new position + 45 added to an existing one). Only 55 were sellers (27 trimmed + 28 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+11 vs last Q)

new funds entering per quarter
Funds opening a new HODL position: 21 → 33 → 25 → 36. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 44% entered in last year

■ 2% conviction (2yr+) ■ 54% medium ■ 44% new
Only 3 funds (2%) 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 +17%, value -11%

Value
-10%
Shares
+16%
Last quarter: funds added +17% more shares while total portfolio value only changed -11%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

32 → 21 → 33 → 25 → 36 new funds/Q
New funds entering each quarter: 21 → 33 → 25 → 36. A growing number of institutions are discovering HODL each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🌱

Early stage — 64% of holders entered in last year

■ 2% veterans ■ 34% 1-2yr ■ 64% new
Of 128 current holders: 82 (64%) entered in the past year, only 2 (2%) 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 — 0% AUM from top-100

0% from top-100 AUM funds
6 of 126 holders rank in the top 100 by AUM, but together hold only 0% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.9
out of 10
Moderate Exit Risk
Exit risk score 4.9/10 — 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.

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

-- --
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

6 top-rated funds 1 high-conviction
Consensus
3.7
/ 10
breadth
×
Elite
1.5
/ 10
conviction
Hedge Fund Positioning: HODL
2026 Q1 Stats Unlock in 18 days 128 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 128 118 8.47%
13F Shares 19M 16M 16.64%
Total Value $476M $533M -10.76%
New Positions 37 25 +12
Increased Positions 45 46 -1
Closed Positions 28 12 +16
Reduced Positions 27 22 +5
Total Calls 1 0 100%
Total Puts 1 0 100%
PUT/CALL Ratio 1.0 0.0 Neutral

Statistics: HODL

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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) --
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Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

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.

Top 25 institutional holders of HODL — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Bouchey Financial Group Ltd 1.43% 957,597 $19.5M
2 Berger Financial Group, Inc 0.92% 858,524 $16.4M
3 Q Fund Management (Hong Kong) Ltd 0.74% 32,000 $791K
4 Darwin Wealth Management, LLC 0.47% 78,380 $1.5M
5 Addison Capital Co 0.43% 125,192 $2.4M
6 NORDEN GROUP LLC 0.34% 186,595 $3.6M
7 Heck Capital Advisors, LLC 0.29% 202,943 $3.9M
8 IRON Financial LLC 0.21% 24,679 $473K
9 Gradient Investments LLC 0.19% 624,768 $12.0M
10 Samalin Investment Counsel, LLC 0.17% 25,519 $489K
11 Paladin Wealth, LLC 0.15% 11,531 $221K
12 Mason & Associates Inc 0.14% 37,425 $704K
13 Lifestyle Asset Management, Inc. 0.11% 17,263 $331K
14 Accurate Wealth Management, LLC 0.10% 41,845 $868K
15 FLAGSTAR ADVISORS INC 0.10% 14,595 $280K
16 IAMS WEALTH MANAGEMENT, LLC 0.10% 14,662 $281K
17 Archer Investment Management, LLC 0.09% 11,144 $214K
18 Rede Wealth, LLC 0.08% 11,939 $229K
19 Syntegra Private Wealth Group, LLC 0.07% 36,752 $704K
20 FRG Family Wealth Advisors LLC 0.07% 21,168 $406K
21 Simplify Asset Management Inc. 0.06% 209,151 $4.0M
22 Financial Partners Group, Inc 0.06% 24,508 $470K
23 MEITAV INVESTMENT HOUSE LTD 0.04% 167,062 $3.2M
24 Csenge Advisory Group 0.02% 27,109 $519K
25 COOKSON PEIRCE & CO INC 0.01% 15,800 $303K
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 — 8 quarters in a row: For 8 consecutive quarters, 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?

More buyers than sellers — 60% buying: Last quarter: 81 funds were net buyers (36 opened a brand new position + 45 added to an existing one). Only 55 were sellers (27 trimmed + 28 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for HODL holders?

Smaller funds dominant — 0% AUM from top-100: 6 of 126 holders rank in the top 100 by AUM, but together hold only 0% 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 3 funds (2%) 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.