Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Nlight Inc (LASR)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +77
Streak
4Q ▲
Buyers last Q
62%

Smart Money Signals — LASR

Based on 322 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added LASR 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
322 hedge funds hold LASR 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 — +106% more funds vs a year ago

fund count last 6Q
+166 new funds entered over the past year (+106% 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 buyers than sellers — 62% buying

211 buying127 selling
Last quarter: 211 funds were net buyers (105 opened a brand new position + 106 added to an existing one). Only 127 were sellers (99 trimmed + 28 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+56 vs last Q)

new funds entering per quarter
Funds opening a new LASR position: 50 → 67 → 49 → 105. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
📌

Mixed — 38% long-term, 43% new

■ 38% conviction (2yr+) ■ 20% medium ■ 43% new
Of the 322 current holders: 122 (38%) held >2 years, 63 held 1–2 years, and 137 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💰

Value +60% but shares only +12% — price-driven

Value
+60%
Shares
+11%
Last quarter: the total dollar value of institutional holdings rose +60%, but actual share count only changed +12%. 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

26 → 50 → 67 → 49 → 105 new funds/Q
New funds entering each quarter: 50 → 67 → 49 → 105. A growing number of institutions are discovering LASR each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 49% veterans vs 44% newcomers

■ 49% veterans ■ 7% 1-2yr ■ 44% new
Entry-cohort mix of 331 holders: 163 (49%) are 2+ year veterans, 24 entered 1–2 years ago, and 144 (44%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 31% AUM from major funds

31% from top-100 AUM funds
52 of 322 holders rank in the top 100 by AUM, accounting for 31% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
5.1
out of 10
Moderate Exit Risk
Exit risk score 5.1/10 — 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 — LASR

In 2026 Q1, 211 hedge funds were net buyers of LASR (105 opened a new position, 106 added to an existing one), while 127 reduced or exited (99 trimmed, 28 sold completely) — a 62% buyer ratio, indicating clear institutional accumulation. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 31% of total institutional value in LASR is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +77 funds (more new holders than closures). Total institutional holders: 322.

Hedge Fund Ownership: LASR

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

Market Analysis: LASR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: LASR

-- --

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

Is It Too Late to Buy Nlight Inc (LASR) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much LASR has moved relative to its sector benchmark (XLK) 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
LASR
+16.2%
XLK
+44.0%

LASR outperformed XLK by -27.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
LASR
-12.4%
XLK
+8.6%

Since the filing became public, LASR outperformed XLK by -21.0% .

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.

29 top-rated funds 4 high-conviction
Consensus
6.4
/ 10
breadth
×
Elite
4.0
/ 10
conviction
Hedge Fund Positioning: LASR
321 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 321 245 31.02%
13F Shares 50M 45M 11.9%
Total Value $2.70B $1.68B 60.47%
New Positions 104 49 +55
Increased Positions 106 90 +16
Closed Positions 28 26 +2
Reduced Positions 97 84 +13
Total Calls 5 2 150.0%
Total Puts 4 1 300.0%
PUT/CALL Ratio 0.8 0.5 Neutral

Statistics: LASR

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

321 + investors

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

QUARTER:
Top 25 LASR holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 AWM Investment Company, Inc. 6.46% 1,023,739 $58.4M
2 Needham Investment Management LLC 5.60% 1,922,740 $109.6M
3 Andar Capital Management HK Ltd 4.39% 90,000 $5.1M
4 Sender Co & Partners, Inc. 4.35% 125,510 $7.2M
5 First Washington CORP 3.50% 217,051 $12.4M
6 Apis Capital Advisors, LLC 2.90% 330,000 $18.8M
7 AIGH Capital Management LLC 2.64% 340,000 $19.4M
8 Harvey Partners, LLC 1.88% 413,584 $23.6M
9 Hanseatic Management Services Inc 1.66% 30,395 $1.7M
10 Roubaix Capital, LLC 1.63% 61,389 $3.5M
11 Informed Momentum Co LLC 1.62% 246,778 $14.1M
12 HERALD INVESTMENT MANAGEMENT Ltd 1.47% 185,000 $10.5M
13 Lisanti Capital Growth, LLC 1.40% 97,558 $5.6M
14 Emerald Advisers, LLC 1.35% 746,674 $42.6M
15 Divisar Capital Management LLC 1.28% 88,314 $5.0M
16 Pier Capital, LLC 1.22% 129,178 $7.4M
17 Emerald Mutual Fund Advisers Trust 1.19% 429,772 $24.5M
18 BlueCrest Capital Management Ltd 0.86% 255,000 $14.5M
19 Capstone Wealth Management Group LLC 0.76% 21,778 $1.2M
20 Driehaus Capital Management LLC 0.74% 1,772,697 $101.1M
21 Portolan Capital Management, LLC 0.68% 225,576 $12.9M
22 Qp Wealth Management, LLC 0.63% 6,432 $367K
23 Granite Investment Partners, LLC 0.62% 177,359 $10.1M
24 Oberweis Asset Management Inc/ 0.61% 363,010 $20.7M
25 KP Management LLC 0.56% 40,000 $2.3M
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 — Nlight Inc (LASR)

What does the Smart Money Trend signal show for LASR?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added LASR 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 LASR?

More buyers than sellers — 62% buying: Last quarter: 211 funds were net buyers (105 opened a brand new position + 106 added to an existing one). Only 127 were sellers (99 trimmed + 28 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for LASR holders?

Strong quality — 31% AUM from major funds: 52 of 322 holders rank in the top 100 by AUM, accounting for 31% 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 LASR?

Mixed — 38% long-term, 43% new: Of the 322 current holders: 122 (38%) held >2 years, 63 held 1–2 years, and 137 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Is it too late to buy Nlight Inc (LASR) following the 2026 Q1 hedge fund 13F filings?

As of today, LASR has moved -12.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to +8.6% for the XLK sector ETF — an outperformance of -21.0%. Since the quarter end (March 31, 2026), LASR has gained +16.2% vs +44.0% for XLK. 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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