Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Immunic Inc (IMUX)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -20
Streak
1Q ▼
Buyers last Q
19%

Smart Money Signals — IMUX

Based on 55 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 IMUX 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 — 73% of 3.0Y peak

73% of all-time peak
55 funds currently hold this stock — 73% of the 3.0-year high of 75 funds (reached 2026 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding IMUX is almost the same as a year ago (+0 funds, +0% change). No significant rush to buy or sell — institutional backing is holding steady.
🔴

Heavy selling pressure — only 19% buying

17 buying72 selling
Last quarter: 72 funds sold vs only 17 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
⚠️

Fewer new buyers each quarter (-19 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 17 → 8 → 32 → 13. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

49% of holders stayed for 2+ years

■ 49% conviction (2yr+) ■ 18% medium ■ 33% new
27 out of 55 hedge funds have held IMUX 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.
💰

Price up while funds trimmed (+86% value, -85% shares)

Value
+86%
Shares
-85%
Last quarter: total value of institutional IMUX holdings rose +86% even though funds reduced share count by 85%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
📈

Growing discovery — still being found

7 → 17 → 8 → 32 → 13 new funds/Q
New funds entering each quarter: 17 → 8 → 32 → 13. A growing number of institutions are discovering IMUX each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 61% veterans vs 29% newcomers

■ 61% veterans ■ 10% 1-2yr ■ 29% new
Entry-cohort mix of 59 holders: 36 (61%) are 2+ year veterans, 6 entered 1–2 years ago, and 17 (29%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 17% AUM from top-100

17% from top-100 AUM funds
17 of 54 holders rank in the top 100 by AUM, but together hold only 17% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.2
out of 10
Moderate Exit Risk
Exit risk score 4.2/10 — 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 — IMUX

In 2026 Q2, 17 hedge funds were net buyers of IMUX (13 opened a new position, 4 added to an existing one), while 72 reduced or exited (39 trimmed, 33 sold completely) — a 19% buyer ratio, indicating net institutional distribution. Net fund flow last quarter: -20 funds (more exits than new entries). Total institutional holders: 55.

Hedge Fund Ownership: IMUX

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

Market Analysis: IMUX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: IMUX

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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.

5 top-rated funds 0 high-conviction
Consensus
3.4
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: IMUX
2026 Q3 Stats Unlock in 12 days 0 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 0 72 -100.0%
13F Shares 0 58M -100.0%
Total Value $0 $70M -100.0%
New Positions 0 32 -32
Increased Positions 0 17 -17
Closed Positions 72 20 +52
Reduced Positions 0 8 -8
Total Calls 0 3 -100.0%
Total Puts 0 3 -100.0%
PUT/CALL Ratio 0.0 1.0 Bullish

Statistics: IMUX

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Financial Highlights

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Institutional Holders (2026 Q2)

0 + investors

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

QUARTER:
Top 25 IMUX holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Propel Bio Management, LLC 2.61% 325,022 $5.0M
2 Jones Hill Capital LP 1.76% 539,814 $8.3M
3 Avidity Partners Management LP 1.65% 669,941 $10.3M
4 Braidwell LP 0.37% 645,010 $9.9M
5 Bvf Inc/Il 0.30% 765,295 $11.8M
6 Laurion Capital Management LP 0.24% 610,326 $9.4M
7 Soleus Capital Management, L.P. 0.24% 450,000 $6.9M
8 Nantahala Capital Management, LLC 0.13% 250,646 $3.9M
9 Ikarian Capital, LLC 0.11% 67,464 $1.0M
10 683 Capital Management, LLC 0.11% 147,245 $2.3M
11 Woodline Partners LP 0.02% 471,528 $7.2M
12 Aberdeen Group plc 0.02% 824,393 $12.7M
13 Strategies Wealth Advisors, LLC 0.01% 10,000 $154K
14 Jefferies Financial Group Inc. 0.01% 84,900 $1.3M
15 Simplify Asset Management Inc. 0.01% 30,725 $472K
16 China Universal Asset Management Co., Ltd. 0.01% 6,400 $98K
17 Quadrature Capital Ltd 0.00% 37,786 $581K
18 Millennium Management LLC 0.00% 740,347 $11.4M
19 Adage Capital Partners GP, L.L.C. 0.00% 139,860 $2.1M
20 Boothbay Fund Management, LLC 0.00% 13,057 $201K
21 Brevan Howard Capital Management LP 0.00% 23,181 $356K
22 Providence Capital Advisors, LLC 0.00% 682 $10K
23 Marshall Wace, LLP 0.00% 104,816 $1.6M
24 Alps Advisors Inc 0.00% 13,824 $212K
25 Mml Investors Services, LLC 0.00% 14,662 $225K
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 — Immunic Inc (IMUX)

What does the Smart Money Trend signal show for IMUX?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their IMUX 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 IMUX?

Heavy selling pressure — only 19% buying: Last quarter: 72 funds sold vs only 17 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for IMUX holders?

Smaller funds dominant — 17% AUM from top-100: 17 of 54 holders rank in the top 100 by AUM, but together hold only 17% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held IMUX?

49% of holders stayed for 2+ years: 27 out of 55 hedge funds have held IMUX 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.

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