Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Ishares Tr (IWM)

3K + Investors. Track Smart Money conviction in IWM. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +123
Streak
5Q ▲
Buyers last Q
48%

Smart Money Signals — IWM

Based on 2817 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 5 quarters in a row

last 6Q
For 5 consecutive quarters, more hedge funds added IWM 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
2,817 hedge funds hold IWM 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
+397 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 — 48% buying

1229 buying1336 selling
Last quarter: 1,336 funds reduced or exited vs 1,229 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.
📈

More new buyers each quarter (+55 vs last Q)

new funds entering per quarter
Funds opening a new IWM position: 258 → 359 → 265 → 320. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

66% of holders stayed for 2+ years

■ 66% conviction (2yr+) ■ 18% medium ■ 16% new
1,861 out of 2,817 hedge funds have held IWM 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 +18% but shares only +0% — price-driven

Value
+18%
Shares
+0%
Last quarter: the total dollar value of institutional holdings rose +18%, but actual share count only changed +0%. 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.
➡️

Steady discovery — ~320 new funds/quarter

240 → 258 → 359 → 265 → 320 new funds/Q
New funds entering each quarter: 258 → 359 → 265 → 320. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 71% veterans vs 17% newcomers

■ 71% veterans ■ 12% 1-2yr ■ 17% new
Entry-cohort mix of 2,975 holders: 2,102 (71%) are 2+ year veterans, 366 entered 1–2 years ago, and 507 (17%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 59% AUM from top-100 funds

59% from top-100 AUM funds
49 of 2734 holders are among the 100 largest funds by AUM, controlling 59% of total institutional value in IWM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — 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 — IWM

In 2026 Q2, 1229 hedge funds were net buyers of IWM (320 opened a new position, 909 added to an existing one), while 1336 reduced or exited (1139 trimmed, 197 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. This marks 5 consecutive quarters of net institutional buying — a persistent conviction signal. 59% of total institutional value in IWM is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +123 funds (more new holders than closures). Total institutional holders: 2817.

Hedge Fund Ownership: IWM

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

Market Analysis: IWM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: IWM

-- --

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

Is It Too Late to Buy Ishares Tr (IWM) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much IWM has moved relative to its sector benchmark (SPY) since the 2026 Q2 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 June 30, 2026 · 80d ago
IWM
-5.0%
SPY
-2.0%

IWM outperformed SPY by -3.0% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 35d ago
IWM
-6.2%
SPY
-1.4%

Since the filing became public, IWM outperformed SPY by -4.8% .

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 ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

65 top-rated funds 102 high-conviction
Consensus
7.9
/ 10
breadth
×
Elite
5.4
/ 10
conviction
Hedge Fund Positioning: IWM
3K + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 2720 2694 0.97%
13F Shares 863M 863M 0.02%
Total Value $254.22B $214.71B 18.4%
New Positions 314 265 +49
Increased Positions 857 904 -47
Closed Positions 205 217 -12
Reduced Positions 1089 1023 +66
Total Calls 84 86 -2.33%
Total Puts 155 185 -16.22%
PUT/CALL Ratio 1.85 2.15 Bearish

Statistics: IWM

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Institutional Holders (2026 Q2)

3K + investors

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

QUARTER:
Top 25 IWM holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 TCM Advisors, LLC 71.28% 3,091,200 $928.8M
2 Tenzing Global Management, LLC 45.11% 325,000 $97.6M
3 Troluce Capital Advisors LLC 30.94% 1,000,000 $300.4M
4 Dauntless Investment Group, LLC 28.33% 120,000 $36.1M
5 Friends of the Cornell Lab of Ornithology, INC. 22.90% 96,994 $23.9M
6 Armistice Capital, LLC 21.32% 5,800,000 $1.74B
7 AIGH Capital Management LLC 20.89% 1,103,000 $331.4M
8 Irenic Capital Management LP 20.57% 1,425,400 $428.3M
9 Nantahala Capital Management, LLC 20.00% 2,000,000 $600.9M
10 Converium Capital Inc. 19.92% 519,000 $155.9M
11 True Freedom Investing, LLC 17.56% 904,461 $224.3M
12 Graham Capital Management, L.P. 17.16% 3,138,600 $943.0M
13 Brigade Capital Management, LP 16.87% 300,000 $90.1M
14 Blueshift Asset Management, LLC 16.33% 234,592 $70.5M
15 Pinkerton Wealth, LLC 16.00% 751,445 $186.4M
16 Philadelphia Financial Management of San Francisco, LLC 15.15% 250,000 $75.1M
17 Luxor Capital Group, LP 13.96% 1,170,000 $351.5M
18 Apollo Management Holdings, L.P. 13.44% 4,000,000 $1.20B
19 Sycale Advisors (NY) LLC 13.35% 144,800 $43.5M
20 Brewster Financial Planning LLC 13.33% 80,832 $24.3M
21 Spruce Point Capital Management, LLC 13.19% 25,400 $7.6M
22 All Terrain Financial Advisors, LLC 12.98% 265,529 $79.8M
23 Ground Swell Capital, LLC 12.93% 39,841 $12.0M
24 Tudor Investment Corp Et Al 12.84% 30,723,100 $9.23B
25 Breakthru Advisory Services, LLC 12.76% 12,642 $3.8M
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 — Ishares Tr (IWM)

What does the Smart Money Trend signal show for IWM?

Buying streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds added IWM 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 IWM?

More sellers than buyers — 48% buying: Last quarter: 1,336 funds reduced or exited vs 1,229 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 IWM holders?

Elite ownership — 59% AUM from top-100 funds: 49 of 2734 holders are among the 100 largest funds by AUM, controlling 59% of total institutional value in IWM. 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 IWM?

66% of holders stayed for 2+ years: 1,861 out of 2,817 hedge funds have held IWM 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 Ishares Tr (IWM) following the 2026 Q2 hedge fund 13F filings?

As of today, IWM has moved -6.2% since the 2026 Q2 13F filing date (August 14, 2026), compared to -1.4% for the SPY sector ETF — an outperformance of -4.8%. Since the quarter end (June 30, 2026), IWM has gained -5.0% vs -2.0% for SPY. 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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