Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Mountain Lake Acquisition Co (MLAC)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -3
Streak
1Q ▼
Buyers last Q
47%

Smart Money Signals — MLAC

Based on 45 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 MLAC 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 — 94% of 3.0Y peak

94% of all-time peak
45 funds currently hold this stock — 94% of the 3.0-year high of 48 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +29% more funds vs a year ago

fund count last 6Q
+10 new funds entered over the past year (+29% 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 sellers than buyers — 47% buying

14 buying16 selling
Last quarter: 16 funds reduced or exited vs 14 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 (-7 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 14 → 5 → 13 → 6. 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.
🔄

Mostly new holders — 33% entered in last year

■ 7% conviction (2yr+) ■ 60% medium ■ 33% new
Only 3 funds (7%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💎

Buying through price weakness — shares -3%, value -96%

Value
-95%
Shares
-3%
Last quarter: funds added -3% more shares while total portfolio value only changed -96%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~6 new funds/quarter

34 → 14 → 5 → 13 → 6 new funds/Q
New funds entering each quarter: 14 → 5 → 13 → 6. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱

Early stage — 96% of holders entered in last year

■ 4% veterans ■ 0% 1-2yr ■ 96% new
Of 45 current holders: 43 (96%) entered in the past year, only 2 (4%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
📋

Smaller funds dominant — 4% AUM from top-100

4% from top-100 AUM funds
5 of 45 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
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 — MLAC

In 2026 Q1, 14 hedge funds were net buyers of MLAC (6 opened a new position, 8 added to an existing one), while 16 reduced or exited (7 trimmed, 9 sold completely) — a 47% buyer ratio, indicating roughly balanced activity. Net fund flow last quarter: -3 funds (more exits than new entries). Total institutional holders: 45.

Hedge Fund Ownership: MLAC

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

Market Analysis: MLAC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: MLAC

-- --

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

Is It Too Late to Buy Mountain Lake Acquisition Co (MLAC) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much MLAC has moved relative to its sector benchmark (SPY) 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 · 77d ago
MLAC
-70.4%
SPY
+15.9%

MLAC outperformed SPY by -86.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 32d ago
MLAC
-70.5%
SPY
+2.0%

Since the filing became public, MLAC outperformed SPY by -72.5% .

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.

1 top-rated funds 1 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
1.9
/ 10
conviction
Hedge Fund Positioning: MLAC
45 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 45 48 -6.25%
13F Shares 22M 23M -3.17%
Total Value $223M $5.03B -95.56%
New Positions 6 13 -7
Increased Positions 8 8 -
Closed Positions 9 10 -1
Reduced Positions 7 17 -10
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: MLAC

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Valuation Measures Data as of: --

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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 --
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Income Statement & Cash Flow
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Diluted EPS (ttm) --
Total Cash (mrq) --
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Institutional Holders (2026 Q1)

45 + investors

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

QUARTER:
Top 25 MLAC holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 CoinFund Management LLC 16.85% 566,000 $6.0M
2 RLH Capital LLC 1.67% 312,540 $3.3M
3 Feynman Point Asset Management LLC 1.30% 100,000 $1.1M
4 L1 Global Manager Pty Ltd 1.20% 170,000 $1.8M
5 Berkley W R Corp 1.06% 1,877,833 $19.8M
6 Crossingbridge Advisors, LLC 0.84% 442,460 $4.7M
7 First Trust Capital Management L.P. 0.54% 980,393 $10.3M
8 Westchester Capital Management, LLC 0.42% 887,700 $9.3M
9 Mizuho Securities USA LLC 0.42% 1,710,141 $18.0M
10 TENOR CAPITAL MANAGEMENT Co., L.P. 0.32% 2,000,000 $21.1M
11 Polar Asset Management Partners Inc. 0.31% 1,497,259 $15.8M
12 Quarry LP 0.31% 162,540 $1.7M
13 Rivernorth Capital Management, LLC 0.26% 500,000 $5.3M
14 AQR Arbitrage LLC 0.24% 1,405,969 $14.8M
15 Karpus Management, Inc. 0.20% 620,220 $6.5M
16 Magnetar Financial LLC 0.20% 1,900,000 $20.0M
17 Rangeley Capital, LLC 0.15% 15,000 $158K
18 Radcliffe Capital Management, L.P. 0.15% 193,057 $2.0M
19 Periscope Capital INC. 0.15% 125,000 $1.3M
20 O'Connor Alternative Investments LLC 0.14% 149,912 $1.6M
21 DLD Asset Management, LP 0.12% 124,750 $1.3M
22 Wolverine Asset Management LLC 0.10% 971,757 $10.2M
23 Shaolin Capital Management LLC 0.08% 200,000 $2.1M
24 Deltec Asset Management LLC 0.08% 40,000 $421K
25 Alberta Investment Management Corp 0.06% 980,000 $10.3M
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 — Mountain Lake Acquisition Co (MLAC)

What does the Smart Money Trend signal show for MLAC?

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

More sellers than buyers — 47% buying: Last quarter: 16 funds reduced or exited vs 14 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 MLAC holders?

Smaller funds dominant — 4% AUM from top-100: 5 of 45 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held MLAC?

Mostly new holders — 33% entered in last year: Only 3 funds (7%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Mountain Lake Acquisition Co (MLAC) following the 2026 Q1 hedge fund 13F filings?

As of today, MLAC has moved -70.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of -72.5%. Since the quarter end (March 31, 2026), MLAC has gained -70.4% vs +15.9% for SPY. 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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