Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Montrose Environmental Group (MEG)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -14
Streak
1Q ▼
Buyers last Q
46%

Smart Money Signals — MEG

Based on 171 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their MEG positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 92% of 3.0Y peak

92% of all-time peak
171 funds currently hold this stock — 92% of the 3.0-year high of 185 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding MEG is almost the same as a year ago (+4 funds, +2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 46% buying

84 buying98 selling
Last quarter: 98 funds reduced or exited vs 84 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.
⚠️

Fewer new buyers each quarter (-10 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 25 → 41 → 34 → 24. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

55% of holders stayed for 2+ years

■ 55% conviction (2yr+) ■ 23% medium ■ 22% new
94 out of 171 hedge funds have held MEG 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.
➡️

Steady discovery — ~24 new funds/quarter

26 → 25 → 41 → 34 → 24 new funds/Q
New funds entering each quarter: 25 → 41 → 34 → 24. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 64% veterans vs 23% newcomers

■ 64% veterans ■ 13% 1-2yr ■ 23% new
Entry-cohort mix of 174 holders: 111 (64%) are 2+ year veterans, 23 entered 1–2 years ago, and 40 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 47% AUM from top-100 funds

47% from top-100 AUM funds
42 of 170 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in MEG. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — 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 — MEG

In 2026 Q1, 84 hedge funds were net buyers of MEG (24 opened a new position, 60 added to an existing one), while 98 reduced or exited (60 trimmed, 38 sold completely) — a 46% buyer ratio, indicating roughly balanced activity. 47% of total institutional value in MEG is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -14 funds (more exits than new entries). Total institutional holders: 171.

Hedge Fund Ownership: MEG

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

Market Analysis: MEG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: MEG

-- --

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

Is It Too Late to Buy Montrose Environmental Group (MEG) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much MEG has moved relative to its sector benchmark (XLI) 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 · 78d ago
MEG
-21.9%
XLI
+10.5%

MEG outperformed XLI by -32.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
MEG
+11.6%
XLI
+4.2%

Since the filing became public, MEG outperformed XLI by +7.4% .

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.

18 top-rated funds 0 high-conviction
Consensus
5.6
/ 10
breadth
×
Elite
0.7
/ 10
conviction
Hedge Fund Positioning: MEG
171 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 171 185 -7.57%
13F Shares 34M 33M 2.57%
Total Value $723M $813M -11.08%
New Positions 24 34 -10
Increased Positions 59 65 -6
Closed Positions 38 32 +6
Reduced Positions 59 63 -4
Total Calls 3 4 -25.0%
Total Puts 1 2 -50.0%
PUT/CALL Ratio 0.33 0.5 Bullish

Statistics: MEG

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Financial Highlights

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Institutional Holders (2026 Q1)

171 + investors

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

QUARTER:
Top 25 MEG holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Summit Creek Advisors LLC 2.30% 511,160 $11.2M
2 Avalon Trust Co 0.66% 436,494 $9.6M
3 Cladis Investment Advisory, LLC 0.64% 52,900 $1.2M
4 Holcombe Financial, Inc. 0.61% 47,651 $1.0M
5 Essex Investment Management Co LLC 0.39% 111,473 $2.4M
6 Virtus Advisers, LLC 0.29% 28,518 $624K
7 Granahan Investment Management, LLC 0.26% 241,787 $5.3M
8 Horrell Capital Management, Inc. 0.22% 22,337 $489K
9 Peregrine Capital Management LLC 0.22% 268,781 $5.9M
10 Stephens Investment Management Group LLC 0.21% 694,980 $15.2M
11 Royce & Associates LP 0.21% 954,776 $20.9M
12 Global Alpha Capital Management Ltd. 0.19% 142,996 $3.1M
13 CenterBook Partners LP 0.17% 140,508 $3.1M
14 Bamco Inc /Ny/ 0.14% 2,168,183 $47.5M
15 IQ EQ FUND MANAGEMENT (IRELAND) Ltd 0.08% 49,543 $1.1M
16 ArrowMark Colorado Holdings LLC 0.08% 139,928 $3.1M
17 Managed Asset Portfolios, LLC 0.08% 29,703 $650K
18 Legato Capital Management LLC 0.07% 34,668 $759K
19 Nomura Asset Management International INC. 0.06% 1,531,641 $33.5M
20 Triumph Capital Management 0.05% 11,209 $245K
21 Numerai GP LLC 0.05% 21,656 $474K
22 OP Asset Management Ltd 0.04% 156,157 $4.0M
23 Kozak & Associates, Inc. 0.04% 10,000 $215K
24 Fred Alger Management, LLC 0.04% 387,994 $8.5M
25 Conestoga Capital Advisors, LLC 0.04% 83,515 $1.8M
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 — Montrose Environmental Group (MEG)

What does the Smart Money Trend signal show for MEG?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their MEG 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 MEG?

More sellers than buyers — 46% buying: Last quarter: 98 funds reduced or exited vs 84 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 MEG holders?

Elite ownership — 47% AUM from top-100 funds: 42 of 170 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in MEG. 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 MEG?

55% of holders stayed for 2+ years: 94 out of 171 hedge funds have held MEG 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 Montrose Environmental Group (MEG) following the 2026 Q1 hedge fund 13F filings?

As of today, MEG has moved +11.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.2% for the XLI sector ETF — an outperformance of +7.4%. Since the quarter end (March 31, 2026), MEG has gained -21.9% vs +10.5% for XLI. 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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