Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

H2o America (HTO)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +36
Streak
1Q ▲
Buyers last Q
69%

Smart Money Signals — HTO

Based on 309 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added HTO 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
309 hedge funds hold HTO 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 — +26% more funds vs a year ago

fund count last 6Q
+64 new funds entered over the past year (+26% 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 — 69% buying

214 buying96 selling
Last quarter: 214 funds were net buyers (73 opened a brand new position + 141 added to an existing one). Only 96 were sellers (59 trimmed + 37 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+25 vs last Q)

new funds entering per quarter
Funds opening a new HTO position: 42 → 49 → 48 → 73. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 20% medium ■ 26% new
166 out of 309 hedge funds have held HTO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +72% but shares only +52% — price-driven

Value
+71%
Shares
+51%
Last quarter: the total dollar value of institutional holdings rose +72%, but actual share count only changed +52%. 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.
📈

Growing discovery — still being found

48 → 42 → 49 → 48 → 73 new funds/Q
New funds entering each quarter: 42 → 49 → 48 → 73. A growing number of institutions are discovering HTO each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 60% veterans vs 30% newcomers

■ 60% veterans ■ 10% 1-2yr ■ 30% new
Entry-cohort mix of 314 holders: 188 (60%) are 2+ year veterans, 32 entered 1–2 years ago, and 94 (30%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 33% AUM from major funds

33% from top-100 AUM funds
48 of 309 holders rank in the top 100 by AUM, accounting for 33% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

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 — HTO

In 2026 Q1, 214 hedge funds were net buyers of HTO (73 opened a new position, 141 added to an existing one), while 96 reduced or exited (59 trimmed, 37 sold completely) — a 69% buyer ratio, indicating clear institutional accumulation. 33% of total institutional value in HTO is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +36 funds (more new holders than closures). Total institutional holders: 309.

Hedge Fund Ownership: HTO

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

Market Analysis: HTO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HTO

-- --

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

Is It Too Late to Buy H2o America (HTO) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much HTO has moved relative to its sector benchmark (XLU) 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 · 78d ago
HTO
-2.4%
XLU
-3.1%

HTO outperformed XLU by +0.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
HTO
+3.6%
XLU
+89.7%

Since the filing became public, HTO outperformed XLU by -86.1% .

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.

26 top-rated funds 2 high-conviction
Consensus
6.2
/ 10
breadth
×
Elite
2.8
/ 10
conviction
Hedge Fund Positioning: HTO
308 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 308 273 12.82%
13F Shares 46M 30M 51.65%
Total Value $2.53B $1.47B 71.92%
New Positions 72 48 +24
Increased Positions 141 106 +35
Closed Positions 37 48 -11
Reduced Positions 57 89 -32
Total Calls 3 2 50.0%
Total Puts 2 1 100.0%
PUT/CALL Ratio 0.67 0.5 Bullish

Statistics: HTO

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Valuation Measures Data as of: --

Market Cap --
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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 Q1)

308 + investors

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

QUARTER:
Top 25 HTO holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Vennlight Capital Management, LP 9.62% 162,217 $9.5M
2 ATLAS Infrastructure Partners (UK) Ltd. 9.36% 4,532,084 $265.9M
3 Ausbil Investment Management Ltd 7.10% 244,282 $14.3M
4 Nuance Investments, LLC 3.20% 391,646 $23.0M
5 ANTIPODES PARTNERS Ltd 2.54% 2,249,029 $132.0M
6 Keynote Financial Services LLC 1.72% 55,044 $3.2M
7 Yaupon Capital Management LP 1.64% 895,435 $52.5M
8 Zimmer Partners, LP 1.42% 1,001,000 $58.7M
9 Soros Fund Management LLC 0.79% 1,228,747 $72.1M
10 Clean Yield Group 0.77% 46,418 $2.7M
11 Rubicon Advisors, GP 0.73% 14,194 $833K
12 Everstar Asset Management, LLC 0.64% 20,365 $1.2M
13 Resolution Capital Ltd 0.60% 482,460 $28.3M
14 Mirova 0.47% 195,246 $11.5M
15 BW Gestao de Investimentos Ltda. 0.43% 220,941 $13.0M
16 Zimmer Partners, LP 0.35% 250,000 $14.7M
17 nVerses Capital, LLC 0.32% 6,087 $357K
18 CoreCommodity Management, LLC 0.25% 22,751 $1.3M
19 Ridgewood Investments LLC 0.25% 10,323 $606K
20 Chatham Capital Group, INC. 0.21% 24,864 $1.5M
21 Loudon Investment Management, LLC 0.20% 6,230 $366K
22 Occudo Quantitative Strategies LP 0.19% 61,361 $3.4M
23 New Age Alpha Advisors, LLC 0.16% 59,457 $3.5M
24 iSAM Funds (UK) Ltd 0.16% 5,587 $328K
25 Ghisallo Capital Management LLC 0.16% 100,000 $5.9M
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 — H2o America (HTO)

What does the Smart Money Trend signal show for HTO?

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

More buyers than sellers — 69% buying: Last quarter: 214 funds were net buyers (73 opened a brand new position + 141 added to an existing one). Only 96 were sellers (59 trimmed + 37 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for HTO holders?

Strong quality — 33% AUM from major funds: 48 of 309 holders rank in the top 100 by AUM, accounting for 33% 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 HTO?

54% of holders stayed for 2+ years: 166 out of 309 hedge funds have held HTO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy H2o America (HTO) following the 2026 Q1 hedge fund 13F filings?

As of today, HTO has moved +3.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +89.7% for the XLU sector ETF — an outperformance of -86.1%. Since the quarter end (March 31, 2026), HTO has gained -2.4% vs -3.1% for XLU. 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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