Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Leslies Inc (LESL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -6
Streak
7Q ▼
Buyers last Q
43%

Smart Money Signals — LESL

Based on 44 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 7 quarters in a row

last 6Q
For 7 consecutive quarters, more hedge funds reduced or closed their LESL positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🔻

Below peak — only 19% of 3.0Y high

19% of all-time peak
Only 44 funds hold LESL today versus a peak of 228 funds at 2024 Q2 — just 19% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
📉

Outflows — 72% fewer funds vs a year ago

fund count last 6Q
112 fewer hedge funds hold LESL compared to a year ago (-72% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 43% buying

21 buying28 selling
Last quarter: 28 funds reduced or exited vs 21 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.
➡️

Steady new buyers — ~12 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 29 → 7 → 12 → 12. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 20% medium ■ 16% new
28 out of 44 hedge funds have held LESL 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 -8%, value -40%

Value
-40%
Shares
-7%
Last quarter: funds added -8% more shares while total portfolio value only changed -40%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

21 → 29 → 7 → 12 → 12 new funds/Q
New funds entering each quarter: 29 → 7 → 12 → 12. LESL is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 73% veterans vs 13% newcomers

■ 73% veterans ■ 13% 1-2yr ■ 13% new
Entry-cohort mix of 45 holders: 33 (73%) are 2+ year veterans, 6 entered 1–2 years ago, and 6 (13%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 10% AUM from top-100

10% from top-100 AUM funds
18 of 43 holders rank in the top 100 by AUM, but together hold only 10% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
1.0
out of 10
Low Exit Risk
Exit risk score 1.0/10 — 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 — LESL

In 2026 Q1, 21 hedge funds were net buyers of LESL (12 opened a new position, 9 added to an existing one), while 28 reduced or exited (10 trimmed, 18 sold completely) — a 43% buyer ratio, indicating roughly balanced activity. This extends a 7-quarter selling streak, suggesting sustained institutional caution. Net fund flow last quarter: -6 funds (more exits than new entries). Total institutional holders: 44.

Hedge Fund Ownership: LESL

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

Market Analysis: LESL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: LESL

-- --

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

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

Signal Freshness measures how much LESL 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
LESL
+694.6%
XLY
+7.0%

LESL outperformed XLY by +687.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
LESL
+193.7%
XLY
+0.0%

Since the filing became public, LESL outperformed XLY by +193.7% .

Interpretation: The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

8 top-rated funds 0 high-conviction
Consensus
4.1
/ 10
breadth
×
Elite
0.0
/ 10
conviction
Hedge Fund Positioning: LESL
44 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 44 50 -12.0%
13F Shares 6M 6M -7.66%
Total Value $6M $10M -40.17%
New Positions 12 12 -
Increased Positions 8 7 +1
Closed Positions 18 24 -6
Reduced Positions 10 22 -12
Total Calls 1 1 -
Total Puts 1 1 -
PUT/CALL Ratio 1.0 1.0 Neutral

Statistics: LESL

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Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

44 + investors

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

QUARTER:
Top 25 LESL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Clearfield Capital Management LP 0.11% 191,426 $214K
2 Lind Value II ApS 0.11% 454,620 $509K
3 Performa Ltd (US), LLC 0.04% 148,000 $166K
4 Ariel Investments, LLC 0.04% 2,882,994 $3.2M
5 NINE MASTS CAPITAL Ltd 0.01% 36,060 $40K
6 Private Management Group Inc 0.00% 143,568 $161K
7 Everhart Financial Group, Inc. 0.00% 22,208 $25K
8 XTX Topco Ltd 0.00% 24,404 $27K
9 Focus Partners Wealth 0.00% 130,000 $146K
10 Bfsg, LLC 0.00% 613 —
11 Sei Investments Co 0.00% 54,851 $61K
12 Two Sigma Advisers, LP 0.00% 16,520 $27K
13 Millennium Management LLC 0.00% 92,743 $104K
14 Two Sigma Investments, LP 0.00% 43,835 $49K
15 Renaissance Technologies LLC 0.00% 18,353 $21K
16 Goldman Sachs Group Inc 0.00% 90,257 $101K
17 Vanguard Fiduciary Trust Co 0.00% 34,177 $38K
18 Vanguard Capital Management LLC 0.00% 280,946 $315K
19 Bank of America Corp /de/ 0.00% 86,723 $97K
20 Citadel Advisors LLC 0.00% 26,200 $29K
21 BlackRock, Inc. 0.00% 196,166 $220K
22 Citigroup Inc 0.00% 7,213 $8K
23 Jane Street Group, LLC 0.00% 19,737 $22K
24 Vanguard Portfolio Management LLC 0.00% 34,679 $39K
25 Jane Street Group, LLC 0.00% 13,700 $15K
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 — Leslies Inc (LESL)

What does the Smart Money Trend signal show for LESL?

Selling streak — 7 quarters in a row: For 7 consecutive quarters, more hedge funds reduced or closed their LESL 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 LESL?

More sellers than buyers — 43% buying: Last quarter: 28 funds reduced or exited vs 21 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 LESL holders?

Smaller funds dominant — 10% AUM from top-100: 18 of 43 holders rank in the top 100 by AUM, but together hold only 10% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held LESL?

64% of holders stayed for 2+ years: 28 out of 44 hedge funds have held LESL 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 Leslies Inc (LESL) following the 2026 Q1 hedge fund 13F filings?

As of today, LESL has moved +193.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.0% for the XLY sector ETF — an outperformance of +193.7%. Since the quarter end (March 31, 2026), LESL has gained +694.6% vs +7.0% for XLY. The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors.

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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