Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Lindblad Expeditions Hldgs I (LIND)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +12
Streak
4Q ▲
Buyers last Q
56%

Smart Money Signals — LIND

Based on 197 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 LIND 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
197 hedge funds hold LIND 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 — +31% more funds vs a year ago

fund count last 6Q
+47 new funds entered over the past year (+31% 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 — 56% buying

114 buying89 selling
Last quarter: 114 funds bought or added vs 89 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 (+19 vs last Q)

new funds entering per quarter
Funds opening a new LIND position: 26 → 27 → 28 → 47. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 19% medium ■ 27% new
106 out of 197 hedge funds have held LIND 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 +42% but shares only +21% — price-driven

Value
+42%
Shares
+21%
Last quarter: the total dollar value of institutional holdings rose +42%, but actual share count only changed +21%. 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

14 → 26 → 27 → 28 → 47 new funds/Q
New funds entering each quarter: 26 → 27 → 28 → 47. A growing number of institutions are discovering LIND each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 61% of holders stayed 2+ years

■ 61% veterans ■ 11% 1-2yr ■ 28% new
Of 198 current holders: 120 (61%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 35% AUM from major funds

35% from top-100 AUM funds
44 of 197 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — 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 — LIND

In 2026 Q1, 114 hedge funds were net buyers of LIND (47 opened a new position, 67 added to an existing one), while 89 reduced or exited (54 trimmed, 35 sold completely) — a 56% buyer ratio, indicating a slight buying edge. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 35% of total institutional value in LIND is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +12 funds (more new holders than closures). Total institutional holders: 197.

Hedge Fund Ownership: LIND

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

Market Analysis: LIND

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: LIND

-- --

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

Is It Too Late to Buy Lindblad Expeditions Hldgs I (LIND) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much LIND 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 · 74d ago
LIND
+35.5%
XLY
+7.0%

LIND outperformed XLY by +28.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 29d ago
LIND
+25.6%
XLY
+0.1%

Since the filing became public, LIND outperformed XLY by +25.5% .

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.

19 top-rated funds 2 high-conviction
Consensus
5.6
/ 10
breadth
×
Elite
1.8
/ 10
conviction
Hedge Fund Positioning: LIND
196 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 196 185 5.95%
13F Shares 48M 39M 21.36%
Total Value $808M $569M 42.08%
New Positions 46 28 +18
Increased Positions 67 59 +8
Closed Positions 35 16 +19
Reduced Positions 54 63 -9
Total Calls 1 0 100%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: LIND

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Financial Highlights

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Institutional Holders (2026 Q1)

196 + investors

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

QUARTER:
Top 25 LIND holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 MSD Partners, L.P. 34.36% 1,635,281 $28.3M
2 Anchor Capital Management Company, LLC 18.33% 982,348 $17.0M
3 1060 Capital, LLC 13.56% 644,922 $11.2M
4 Bwcp, LP 2.28% 865,893 $15.0M
5 Black Diamond Financial, LLC 2.02% 1,068,362 $18.5M
6 Penn Capital Management Company, LLC 1.12% 837,284 $14.5M
7 Ariel Investments, LLC 0.67% 3,439,063 $59.5M
8 Intrinsic Edge Capital Management LLC 0.60% 210,000 $3.6M
9 Pier Capital, LLC 0.55% 192,010 $3.3M
10 Formula Growth Ltd 0.43% 55,591 $962K
11 Militia Capital Management LLC 0.37% 94,968 $1.6M
12 Granahan Investment Management, LLC 0.32% 385,383 $6.7M
13 Landscape Capital Management, L.L.C. 0.29% 267,661 $4.6M
14 EntryPoint Capital, LLC 0.28% 54,346 $940K
15 Nicholas Investment Partners, LP 0.25% 198,716 $3.4M
16 Aristides Capital LLC 0.22% 59,228 $1.0M
17 North Star Investment Management Corp. 0.21% 204,800 $3.5M
18 GC Wealth Management RIA, LLC 0.21% 297,079 $5.1M
19 Orvieto Partners, L.P. 0.20% 13,780 $238K
20 Oberweis Asset Management Inc/ 0.19% 378,721 $6.6M
21 Pinnacle Associates Ltd 0.19% 840,323 $14.5M
22 Royce & Associates LP 0.18% 1,069,786 $18.5M
23 Balanced Rock Investment Advisors LLC 0.15% 12,581 $218K
24 Driehaus Capital Management LLC 0.15% 1,185,899 $20.5M
25 Quent Capital, LLC 0.15% 118,500 $2.1M
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 — Lindblad Expeditions Hldgs I (LIND)

What does the Smart Money Trend signal show for LIND?

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

Slight buying edge — 56% buying: Last quarter: 114 funds bought or added vs 89 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 LIND holders?

Strong quality — 35% AUM from major funds: 44 of 197 holders rank in the top 100 by AUM, accounting for 35% 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 LIND?

54% of holders stayed for 2+ years: 106 out of 197 hedge funds have held LIND 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 Lindblad Expeditions Hldgs I (LIND) following the 2026 Q1 hedge fund 13F filings?

As of today, LIND has moved +25.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.1% for the XLY sector ETF — an outperformance of +25.5%. Since the quarter end (March 31, 2026), LIND has gained +35.5% 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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