Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

PULMONX CORP COM (LUNG)

110 + Investors. Track Smart Money conviction in LUNG. 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
↑ +3
Streak
1Q ▲
Buyers last Q
48%

Smart Money Signals — LUNG

Based on 106 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added LUNG 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.
📊

High ownership — 89% of 3.0Y peak

89% of all-time peak
106 funds currently hold this stock — 89% of the 3.0-year high of 119 funds (reached 2023 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 9% fewer funds vs a year ago

fund count last 6Q
10 fewer hedge funds hold LUNG compared to a year ago (-9% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 48% buying

52 buying57 selling
Last quarter: 57 funds reduced or exited vs 52 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 — ~24 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 18 → 20 → 19 → 24. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

52% of holders stayed for 2+ years

52% conviction (2yr+) 22% medium 26% new
55 out of 106 hedge funds have held LUNG 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 +2%, value -94%

Value
-93%
Shares
+2%
Last quarter: funds added +2% more shares while total portfolio value only changed -94%. 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

21 → 18 → 20 → 19 → 24 new funds/Q
New funds entering each quarter: 18 → 20 → 19 → 24. A growing number of institutions are discovering LUNG each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 59% of holders stayed 2+ years

59% veterans 9% 1-2yr 32% new
Of 110 current holders: 65 (59%) 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 — 39% AUM from major funds

39% from top-100 AUM funds
23 of 106 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — 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.

Hedge Fund Ownership: LUNG

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

Market Analysis: LUNG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: LUNG

-- --

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

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

22 top-rated funds 0 high-conviction
Consensus
5.9
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: LUNG
2026 Q1 Stats Unlock in 15 days 110 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 110 103 6.8%
13F Shares 33M 32M 2.34%
Total Value $72M $1.14B -93.67%
New Positions 24 19 +5
Increased Positions 29 35 -6
Closed Positions 21 26 -5
Reduced Positions 39 28 +11
Total Calls 1 1 -
Total Puts 3 0 100%
PUT/CALL Ratio 3.0 0.0 Bearish

Statistics: LUNG

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Valuation Measures Data as of: --

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

Financial Highlights

Profitability
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Return on Assets (ttm) --
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Institutional Holders (2026 Q1)

110 + investors

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

Top 20 institutional holders of LUNG — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 CFM WEALTH PARTNERS LLC 0.05% 264,039 $341K
2 PERKINS CAPITAL MANAGEMENT INC 0.05% 41,000 $53K
3 R Squared Ltd 0.01% 19,780 $26K
4 Redhawk Wealth Advisors, Inc. 0.00% 34,700 $45K
5 Berger Financial Group, Inc 0.00% 54,000 $70K
6 FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND 0.00% 40,000 $52K
7 GAMMA Investing LLC 0.00% 2,803 $4K
8 Physician Wealth Advisors, Inc. 0.00% 855 $1K
9 Police & Firemen's Retirement System of New Jersey 0.00% 7,810 $10K
10 AdvisorNet Financial, Inc 0.00% 1,000 $1K
11 True Wealth Design, LLC 0.00% 165
12 HSBC HOLDINGS PLC 0.00% 14,090 $18K
13 Root Financial Partners, LLC 0.00% 126
14 Sterling Capital Management LLC 0.00% 248
15 IFP Advisors, Inc 0.00% 158
16 Farther Finance Advisors, LLC 0.00% 309
17 NISA INVESTMENT ADVISORS, LLC 0.00% 465
18 SJS Investment Consulting Inc. 0.00% 9
19 SBI Securities Co., Ltd. 0.00% 15
20 FIFTH THIRD BANCORP 0.00% 12
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 — PULMONX CORP COM (LUNG)

What does the Smart Money Trend signal show for LUNG?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added LUNG 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 LUNG?

More sellers than buyers — 48% buying: Last quarter: 57 funds reduced or exited vs 52 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 LUNG holders?

Strong quality — 39% AUM from major funds: 23 of 106 holders rank in the top 100 by AUM, accounting for 39% 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 LUNG?

52% of holders stayed for 2+ years: 55 out of 106 hedge funds have held LUNG 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.

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.