Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Jumia Technologies AG (JMIA)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -11
Streak
1Q ▼
Buyers last Q
47%

Smart Money Signals — JMIA

Based on 148 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their JMIA 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 — 93% of 3.0Y peak

93% of all-time peak
148 funds currently hold this stock — 93% of the 3.0-year high of 159 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +37% more funds vs a year ago

fund count last 6Q
+40 new funds entered over the past year (+37% 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 sellers than buyers — 47% buying

79 buying88 selling
Last quarter: 88 funds reduced or exited vs 79 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.
⚠️

Fewer new buyers each quarter (-15 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 30 → 34 → 43 → 28. 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+) ■ 25% medium ■ 26% new
73 out of 148 hedge funds have held JMIA 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.
💎

Buying through price weakness — shares +3%, value -42%

Value
-42%
Shares
+3%
Last quarter: funds added +3% more shares while total portfolio value only changed -42%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

13 → 30 → 34 → 43 → 28 new funds/Q
New funds entering each quarter: 30 → 34 → 43 → 28. A growing number of institutions are discovering JMIA each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 62% veterans vs 28% newcomers

■ 62% veterans ■ 10% 1-2yr ■ 28% new
Entry-cohort mix of 158 holders: 98 (62%) are 2+ year veterans, 16 entered 1–2 years ago, and 44 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 20% AUM from major funds

20% from top-100 AUM funds
24 of 146 holders rank in the top 100 by AUM, accounting for 20% 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 — JMIA

In 2026 Q1, 79 hedge funds were net buyers of JMIA (28 opened a new position, 51 added to an existing one), while 88 reduced or exited (49 trimmed, 39 sold completely) — a 47% buyer ratio, indicating roughly balanced activity. 20% of total institutional value in JMIA is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -11 funds (more exits than new entries). Total institutional holders: 148.

Hedge Fund Ownership: JMIA

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

Market Analysis: JMIA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: JMIA

-- --

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

Is It Too Late to Buy Jumia Technologies AG (JMIA) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much JMIA has moved relative to its sector benchmark (XLY) 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 · 79d ago
JMIA
-0.9%
XLY
+6.0%

JMIA outperformed XLY by -6.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
JMIA
-2.3%
XLY
-0.9%

Since the filing became public, JMIA outperformed XLY by -1.4% .

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.

10 top-rated funds 1 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
1.7
/ 10
conviction
Hedge Fund Positioning: JMIA
148 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 148 159 -6.92%
13F Shares 40M 39M 3.47%
Total Value $281M $487M -42.24%
New Positions 28 43 -15
Increased Positions 45 44 +1
Closed Positions 39 25 +14
Reduced Positions 48 39 +9
Total Calls 7 15 -53.33%
Total Puts 5 8 -37.5%
PUT/CALL Ratio 0.71 0.53 Neutral

Statistics: JMIA

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Diluted EPS (ttm) --
Total Cash (mrq) --
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Institutional Holders (2026 Q1)

148 + investors

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

QUARTER:
Top 25 JMIA holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Fund 1 Investments, LLC 9.75% 12,325,000 $85.0M
2 General Equity Holdings LP 4.32% 844,086 $5.8M
3 Parsifal Capital Management, LP 2.83% 3,485,900 $24.1M
4 one8zero8, LLC 0.47% 308,700 $2.1M
5 Lotus Technology Management, LP 0.42% 16,645 $115K
6 Revisor Wealth Management LLC 0.36% 190,350 $1.3M
7 Discovery Capital Management, LLC / Ct 0.25% 697,226 $4.8M
8 MYDA Advisors LLC 0.17% 151,682 $1.0M
9 Crawford Fund Management, LLC 0.15% 115,000 $794K
10 Massar Capital Management, LP 0.15% 198,495 $1.4M
11 Wealth Effects LLC 0.14% 58,560 $404K
12 Headlands Technologies LLC 0.09% 110,817 $765K
13 SBI Securities Co., Ltd. 0.09% 455,496 $3.1M
14 Cantor Fitzgerald, L. P. 0.08% 825,000 $5.7M
15 CenterBook Partners LP 0.08% 210,719 $1.5M
16 Axq Capital, LP 0.07% 79,104 $546K
17 Shay Capital LLC 0.06% 100,000 $690K
18 Key Client Fiduciary Advisors, LLC 0.04% 17,516 $121K
19 Clay Northam Wealth Management, LLC 0.04% 10,250 $71K
20 Modus Advisors, LLC 0.04% 20,000 $138K
21 Samalin Investment Counsel, LLC 0.04% 14,768 $102K
22 Cantor Fitzgerald, L. P. 0.04% 350,844 $2.4M
23 Insigneo Advisory Services, LLC 0.03% 65,520 $452K
24 Trexquant Investment LP 0.03% 636,944 $4.4M
25 WealthTrust Axiom LLC 0.03% 17,080 $118K
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 — Jumia Technologies AG (JMIA)

What does the Smart Money Trend signal show for JMIA?

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

More sellers than buyers — 47% buying: Last quarter: 88 funds reduced or exited vs 79 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 JMIA holders?

Strong quality — 20% AUM from major funds: 24 of 146 holders rank in the top 100 by AUM, accounting for 20% 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 JMIA?

49% of holders stayed for 2+ years: 73 out of 148 hedge funds have held JMIA 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 Jumia Technologies AG (JMIA) following the 2026 Q1 hedge fund 13F filings?

As of today, JMIA has moved -2.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to -0.9% for the XLY sector ETF — an outperformance of -1.4%. Since the quarter end (March 31, 2026), JMIA has gained -0.9% vs +6.0% for XLY. 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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