Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

New Horizon Aircraft Ltd (HOVR)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +6
Streak
4Q ▲
Buyers last Q
60%

Smart Money Signals — HOVR

Based on 28 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 HOVR 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
28 hedge funds hold HOVR 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 — +367% more funds vs a year ago

fund count last 6Q
+22 new funds entered over the past year (+367% 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

15 buying10 selling
Last quarter: 15 funds were net buyers (9 opened a brand new position + 6 added to an existing one). Only 10 were sellers (7 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~9 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 9 → 9 → 7 → 9. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 54% entered in last year

■ 4% conviction (2yr+) ■ 43% medium ■ 54% new
Only 1 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.
➡️

Steady discovery — ~9 new funds/quarter

2 → 9 → 9 → 7 → 9 new funds/Q
New funds entering each quarter: 9 → 9 → 7 → 9. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱

Early stage — 68% of holders entered in last year

■ 7% veterans ■ 25% 1-2yr ■ 68% new
Of 28 current holders: 19 (68%) entered in the past year, only 2 (7%) 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.
🏆

Elite ownership — 49% AUM from top-100 funds

49% from top-100 AUM funds
10 of 28 holders are among the 100 largest funds by AUM, controlling 49% of total institutional value in HOVR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
6.3
out of 10
Moderate Exit Risk
Exit risk score 6.3/10 — 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 — HOVR

In 2026 Q1, 15 hedge funds were net buyers of HOVR (9 opened a new position, 6 added to an existing one), while 10 reduced or exited (7 trimmed, 3 sold completely) — a 60% buyer ratio, indicating clear institutional accumulation. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 49% of total institutional value in HOVR is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +6 funds (more new holders than closures). Total institutional holders: 28.

Hedge Fund Ownership: HOVR

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

Market Analysis: HOVR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HOVR

-- --

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

Is It Too Late to Buy New Horizon Aircraft Ltd (HOVR) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much HOVR has moved relative to its sector benchmark (XLI) 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 · 81d ago
HOVR
+57.4%
XLI
+11.9%

HOVR outperformed XLI by +45.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 36d ago
HOVR
+0.5%
XLI
+5.5%

Since the filing became public, HOVR outperformed XLI by -5.0% .

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.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.0
/ 10
conviction
Hedge Fund Positioning: HOVR
28 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 28 22 27.27%
13F Shares 2M 1M 35.96%
Total Value $2M $2M 25.2%
New Positions 9 7 +2
Increased Positions 6 3 +3
Closed Positions 3 5 -2
Reduced Positions 7 7 -
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: HOVR

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

28 + investors

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

QUARTER:
Top 25 HOVR holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Two Sigma Securities, LLC 0.01% 40,202 $57K
2 XTX Topco Ltd 0.00% 117,701 $166K
3 Axq Capital, LP 0.00% 15,509 $22K
4 Renaissance Technologies LLC 0.00% 457,372 $645K
5 Quadrature Capital Ltd 0.00% 24,666 $35K
6 Gabelli Funds LLC 0.00% 25,306 $36K
7 EFG International AG 0.00% 5,000 $7K
8 Marshall Wace, LLP 0.00% 97,113 $137K
9 Farther Finance Advisors, LLC 0.00% 10,000 $14K
10 Citadel Advisors LLC 0.00% 382,391 $539K
11 Wolverine Asset Management LLC 0.00% 4,860 $7K
12 Jane Street Group, LLC 0.00% 334,439 $472K
13 Hrt Financial LP 0.00% 16,120 $22K
14 Ancora Advisors LLC 0.00% 1,000 $1K
15 TD Waterhouse Canada Inc. 0.00% 2,631 $4K
16 Raymond James Financial Inc 0.00% 14,500 $20K
17 Susquehanna International Group, LLP 0.00% 18,977 $27K
18 Caitong International Asset Management Co., Ltd 0.00% 11 —
19 Royal Bank of Canada 0.00% 10,552 $15K
20 Bank of America Corp /de/ 0.00% 16,000 $23K
21 Morgan Stanley 0.00% 14,720 $21K
22 UBS Group AG 0.00% 5,380 $8K
23 Jones Financial Companies Lllp 0.00% 1,500 $2K
24 US Bancorp \de\ 0.00% 250 —
25 Citigroup Inc 0.00% 3 —
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 — New Horizon Aircraft Ltd (HOVR)

What does the Smart Money Trend signal show for HOVR?

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

More buyers than sellers — 60% buying: Last quarter: 15 funds were net buyers (9 opened a brand new position + 6 added to an existing one). Only 10 were sellers (7 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for HOVR holders?

Elite ownership — 49% AUM from top-100 funds: 10 of 28 holders are among the 100 largest funds by AUM, controlling 49% of total institutional value in HOVR. 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 HOVR?

Mostly new holders — 54% entered in last year: Only 1 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 New Horizon Aircraft Ltd (HOVR) following the 2026 Q1 hedge fund 13F filings?

As of today, HOVR has moved +0.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.5% for the XLI sector ETF — an outperformance of -5.0%. Since the quarter end (March 31, 2026), HOVR has gained +57.4% vs +11.9% for XLI. 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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