Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Immatics N.V (IMTX)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
1Q ▼
Buyers last Q
46%

Smart Money Signals — IMTX

Based on 81 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their IMTX positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 90% of 3.0Y peak

90% of all-time peak
81 funds currently hold this stock — 90% of the 3.0-year high of 90 funds (reached 2024 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +16% more funds vs a year ago

fund count last 6Q
+11 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.
🟠

More sellers than buyers — 46% buying

38 buying45 selling
Last quarter: 45 funds reduced or exited vs 38 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~13 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 10 → 21 → 15 → 13. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

52% of holders stayed for 2+ years

■ 52% conviction (2yr+) ■ 32% medium ■ 16% new
42 out of 81 hedge funds have held IMTX 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.
➡️

Steady discovery — ~13 new funds/quarter

15 → 10 → 21 → 15 → 13 new funds/Q
New funds entering each quarter: 10 → 21 → 15 → 13. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 64% veterans vs 22% newcomers

■ 64% veterans ■ 14% 1-2yr ■ 22% new
Entry-cohort mix of 83 holders: 53 (64%) are 2+ year veterans, 12 entered 1–2 years ago, and 18 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 10% AUM from top-100

10% from top-100 AUM funds
23 of 81 holders rank in the top 100 by AUM, but together hold only 10% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — 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 — IMTX

In 2026 Q2, 38 hedge funds were net buyers of IMTX (13 opened a new position, 25 added to an existing one), while 45 reduced or exited (31 trimmed, 14 sold completely) — a 46% buyer ratio, indicating roughly balanced activity. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 81.

Hedge Fund Ownership: IMTX

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

Market Analysis: IMTX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: IMTX

-- --

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

Is It Too Late to Buy Immatics N.V (IMTX) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much IMTX has moved relative to its sector benchmark (XLV) since the 2026 Q3 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 September 30, 2026 · 45d ago
IMTX
-28.7%
XLV
+11.8%

IMTX outperformed XLV by -40.5% since September 30, 2026.

Since 13F Filing Date November 14, 2026 · 0d ago
IMTX
+0.0%
XLV
+0.0%

Since the filing became public, IMTX outperformed XLV by +0.0% .

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.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
1.1
/ 10
conviction
Hedge Fund Positioning: IMTX
2026 Q3 Stats Unlock in 5 days 81 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 81 82 -1.22%
13F Shares 100M 108M -7.73%
Total Value $779M $843M -7.64%
New Positions 13 15 -2
Increased Positions 24 28 -4
Closed Positions 14 10 +4
Reduced Positions 31 22 +9
Total Calls 1 1 -
Total Puts 1 0 100%
PUT/CALL Ratio 1.0 0.0 Neutral

Statistics: IMTX

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Valuation Measures Data as of: --

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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

Profitability
Profit Margin --
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Diluted EPS (ttm) --
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Institutional Holders (2026 Q3)

81 + investors

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

QUARTER:
2026 Q3 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 IMTX holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Sectoral Asset Management Inc 1.26% 225,985 $2.0M
2 University of Texas/Texas AM Investment Management Co 0.77% 697,431 $6.1M
3 Jefferies Financial Group Inc. 0.42% 6,422,780 $56.4M
4 Virtus Investment Advisers, LLC 0.07% 33,831 $297K
5 Doliver Advisors, LP 0.06% 30,000 $263K
6 Fox Run Management, L.L.C. 0.05% 51,911 $456K
7 Y-Intercept (Hong Kong) Ltd 0.02% 121,475 $1.1M
8 Wasatch Advisors LP 0.02% 341,246 $3.0M
9 Aberdeen Group plc 0.01% 1,235,460 $10.8M
10 Persistent Asset Partners Ltd 0.01% 4,464 $39K
11 Alps Advisors Inc 0.01% 198,239 $1.7M
12 Qube Research & Technologies Ltd 0.01% 991,278 $8.7M
13 State of Wyoming 0.00% 6,227 $55K
14 Verition Fund Management LLC 0.00% 84,497 $742K
15 TD Asset Management Inc 0.00% 470,686 $4.0M
16 Macquarie Group Ltd 0.00% 55,500 $487K
17 Kozak & Associates, Inc. 0.00% 1,118 $8K
18 Quadrature Capital Ltd 0.00% 26,289 $231K
19 Squarepoint Ops LLC 0.00% 56,896 $500K
20 Jane Street Group, LLC 0.00% 399,661 $3.5M
21 Mariner, LLC 0.00% 30,725 $269K
22 Citigroup Inc 0.00% 46,683 $410K
23 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% 15,172 $133K
24 Jpmorgan Chase & Co 0.00% 135,534 $1.2M
25 Jane Street Group, LLC 0.00% 80,700 $709K
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 — Immatics N.V (IMTX)

What does the Smart Money Trend signal show for IMTX?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their IMTX positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for IMTX?

More sellers than buyers — 46% buying: Last quarter: 45 funds reduced or exited vs 38 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for IMTX holders?

Smaller funds dominant — 10% AUM from top-100: 23 of 81 holders rank in the top 100 by AUM, but together hold only 10% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held IMTX?

52% of holders stayed for 2+ years: 42 out of 81 hedge funds have held IMTX 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 Immatics N.V (IMTX) following the 2026 Q3 hedge fund 13F filings?

As of today, IMTX has moved +0.0% since the 2026 Q3 13F filing date (November 14, 2026), compared to +0.0% for the XLV sector ETF — an outperformance of +0.0%. Since the quarter end (September 30, 2026), IMTX has gained -28.7% vs +11.8% for XLV. 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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