Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Marinemax Inc (HZO)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +15
Streak
2Q ▲
Buyers last Q
58%

Smart Money Signals — HZO

Based on 183 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added HZO 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
183 hedge funds hold HZO 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 — +16% more funds vs a year ago

fund count last 6Q
+25 new funds entered over the past year (+16% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 58% buying

102 buying75 selling
Last quarter: 102 funds bought or added vs 75 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.
📈

More new buyers each quarter (+14 vs last Q)

new funds entering per quarter
Funds opening a new HZO position: 26 → 17 → 25 → 39. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 17% medium ■ 18% new
118 out of 183 hedge funds have held HZO 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 +39% but shares only +5% — price-driven

Value
+39%
Shares
+4%
Last quarter: the total dollar value of institutional holdings rose +39%, but actual share count only changed +5%. 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

26 → 26 → 17 → 25 → 39 new funds/Q
New funds entering each quarter: 26 → 17 → 25 → 39. A growing number of institutions are discovering HZO each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 68% veterans vs 23% newcomers

■ 68% veterans ■ 9% 1-2yr ■ 23% new
Entry-cohort mix of 184 holders: 125 (68%) are 2+ year veterans, 16 entered 1–2 years ago, and 43 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 60% AUM from top-100 funds

60% from top-100 AUM funds
41 of 182 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in HZO. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — 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 — HZO

In 2026 Q2, 102 hedge funds were net buyers of HZO (39 opened a new position, 63 added to an existing one), while 75 reduced or exited (51 trimmed, 24 sold completely) — a 58% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 60% of total institutional value in HZO is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +15 funds (more new holders than closures). Total institutional holders: 183.

Hedge Fund Ownership: HZO

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

Market Analysis: HZO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HZO

-- --

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.

10 top-rated funds 2 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
2.7
/ 10
conviction
Hedge Fund Positioning: HZO
181 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 181 168 7.74%
13F Shares 19M 19M 0.65%
Total Value $702M $520M 35.04%
New Positions 39 25 +14
Increased Positions 61 59 +2
Closed Positions 25 22 +3
Reduced Positions 51 55 -4
Total Calls 1 2 -50.0%
Total Puts 1 3 -66.67%
PUT/CALL Ratio 1.0 1.5 Neutral

Statistics: HZO

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)

181 + investors

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

QUARTER:
Top 25 HZO holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Simcoe Capital LLC 4.94% 221,470 $8.1M
2 CM Management, LLC 2.56% 110,000 $4.0M
3 Gagnon Advisors, LLC 2.26% 97,242 $3.6M
4 Soviero Asset Management, LP 1.69% 109,439 $4.0M
5 Gagnon Securities LLC 1.49% 211,480 $7.7M
6 Lawson Kroeker Investment Management Inc/Ne 1.20% 117,752 $4.3M
7 Levin Capital Strategies, L.P. 1.05% 428,047 $15.7M
8 Annis Gardner Whiting Capital Advisors, LLC 0.99% 180,021 $6.6M
9 Prescott Group Capital Management, L.L.C. 0.70% 222,490 $8.1M
10 De Lisle Partners LLP 0.67% 168,300 $6.2M
11 Round Rock Advisors LLC 0.57% 120,030 $4.4M
12 Shay Capital LLC 0.55% 235,148 $8.6M
13 Intrinsic Edge Capital Management LLC 0.53% 139,319 $5.1M
14 SummerHaven Investment Management, LLC 0.52% 26,393 $967K
15 Portolan Capital Management, LLC 0.47% 344,358 $12.6M
16 Divisadero Street Capital Management, LP 0.38% 455,971 $16.7M
17 DCF Advisers, LLC 0.37% 57,500 $2.1M
18 Shellback Capital, LP 0.31% 96,978 $3.6M
19 Bristlecone Value Partners, LLC 0.31% 10,500 $385K
20 SWS Partners 0.24% 29,957 $1.1M
21 Uniplan Investment Counsel, Inc. 0.22% 63,887 $2.3M
22 Interval Partners, LP 0.20% 211,415 $7.7M
23 Ameliora Wealth Management Ltd. 0.19% 17,600 $645K
24 Boothbay Fund Management, LLC 0.18% 372,680 $13.6M
25 Royce & Associates LP 0.17% 566,666 $20.8M
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 — Marinemax Inc (HZO)

What does the Smart Money Trend signal show for HZO?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added HZO 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 HZO?

Slight buying edge — 58% buying: Last quarter: 102 funds bought or added vs 75 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 HZO holders?

Elite ownership — 60% AUM from top-100 funds: 41 of 182 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in HZO. 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 HZO?

64% of holders stayed for 2+ years: 118 out of 183 hedge funds have held HZO 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.

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 →