Stock Analysis
Data Source: SEC EDGAR 13F
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Kiniksa Pharmaceuticals Intl (KNSA)

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

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +39
Streak
6Q ▲
Buyers last Q
58%

Smart Money Signals — KNSA

Based on 268 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 6 quarters in a row

last 6Q
For 6 consecutive quarters, more hedge funds added KNSA 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
268 hedge funds hold KNSA 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.
🚀

Fast accumulation — +44% more funds vs a year ago

fund count last 6Q
+82 new funds entered over the past year (+44% 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.
🟡

Slight buying edge — 58% buying

161 buying117 selling
Last quarter: 161 funds bought or added vs 117 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 (+30 vs last Q)

new funds entering per quarter
Funds opening a new KNSA position: 46 → 42 → 43 → 73. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 36% entered in last year

24% conviction (2yr+) 40% medium 36% new
Only 65 funds (24%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💰

Value +39% but shares only +7% — price-driven

Value
+38%
Shares
+7%
Last quarter: the total dollar value of institutional holdings rose +39%, but actual share count only changed +7%. 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

47 → 46 → 42 → 43 → 73 new funds/Q
New funds entering each quarter: 46 → 42 → 43 → 73. A growing number of institutions are discovering KNSA each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
📊

Mixed cohorts — 4% veterans, 47% new entrants

4% veterans 49% 1-2yr 47% new
Of 274 current holders: 11 (4%) held 2+ years, 134 held 1–2 years, 129 (47%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆

Elite ownership — 46% AUM from top-100 funds

46% from top-100 AUM funds
52 of 267 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in KNSA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.3
out of 10
Moderate Exit Risk
Exit risk score 4.3/10 — 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 — KNSA

In 2026 Q2, 161 hedge funds were net buyers of KNSA (73 opened a new position, 88 added to an existing one), while 117 reduced or exited (83 trimmed, 34 sold completely) — a 58% buyer ratio, indicating a slight buying edge. This marks 6 consecutive quarters of net institutional buying — a persistent conviction signal. 46% of total institutional value in KNSA is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +39 funds (more new holders than closures). Total institutional holders: 268.

Hedge Fund Ownership: KNSA

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

Market Analysis: KNSA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: KNSA

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

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

16 top-rated funds 4 high-conviction
Consensus
5.3
/ 10
breadth
×
Elite
3.0
/ 10
conviction
Hedge Fund Positioning: KNSA
265 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 265 229 15.72%
13F Shares 47M 47M 1.37%
Total Value $2.93B $2.14B 36.84%
New Positions 72 43 +29
Increased Positions 85 74 +11
Closed Positions 35 36 -1
Reduced Positions 82 87 -5
Total Calls 3 4 -25.0%
Total Puts 4 3 33.33%
PUT/CALL Ratio 1.33 0.75 Bearish

Statistics: KNSA

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Financial Highlights

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Institutional Holders (2026 Q2)

265 + investors

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

QUARTER:
Top 25 KNSA holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Spruce Street Capital LP 11.52% 918,070 $58.7M
2 Tang Capital Management LLC 6.56% 2,259,889 $144.5M
3 Rubric Capital Management LP 2.35% 3,999,800 $255.8M
4 Stempoint Capital LP 2.30% 209,234 $13.4M
5 Essex Investment Management Co LLC 2.02% 241,382 $15.4M
6 Rice Hall James & Associates, LLC 1.95% 624,928 $40.0M
7 Penn Capital Management Company, LLC 1.49% 368,114 $23.6M
8 Lisanti Capital Growth, LLC 1.23% 87,305 $5.6M
9 Baker BROS. Advisors LP 0.91% 2,834,643 $181.3M
10 Globeflex Capital L P 0.76% 93,396 $6.0M
11 Superstring Capital Management LP 0.76% 18,867 $1.2M
12 ArrowMark Colorado Holdings LLC 0.57% 215,546 $13.8M
13 Oberweis Asset Management Inc/ 0.55% 413,034 $26.4M
14 Mark Sheptoff Financial Planning, LLC 0.54% 16,000 $1.0M
15 Soleus Capital Management, L.P. 0.54% 246,353 $15.8M
16 Orbimed Advisors LLC 0.50% 420,600 $26.9M
17 Legato Capital Management LLC 0.46% 87,297 $5.6M
18 Braidwell LP 0.43% 183,822 $11.8M
19 Precision Wealth Strategies, LLC 0.43% 22,348 $1.4M
20 Granahan Investment Management, LLC 0.35% 151,725 $9.7M
21 Artia Global Partners LP 0.34% 29,200 $1.9M
22 Peregrine Capital Management LLC 0.34% 161,464 $10.3M
23 Virtus Investment Advisers, LLC 0.33% 22,411 $1.4M
24 Informed Momentum Co LLC 0.32% 55,765 $3.6M
25 Castleark Management LLC 0.30% 174,032 $11.1M
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 — Kiniksa Pharmaceuticals Intl (KNSA)

What does the Smart Money Trend signal show for KNSA?

Buying streak — 6 quarters in a row: For 6 consecutive quarters, more hedge funds added KNSA 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 KNSA?

Slight buying edge — 58% buying: Last quarter: 161 funds bought or added vs 117 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 KNSA holders?

Elite ownership — 46% AUM from top-100 funds: 52 of 267 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in KNSA. 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 KNSA?

Mostly new holders — 36% entered in last year: Only 65 funds (24%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

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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