Strategy Inc (MSTR) Hedge Fund Ownership (Q2 2026)

Q: Is it too late to buy Strategy Inc (MSTR) following the 2026 Q2 hedge fund 13F filings?

As of today, MSTR has moved +42.1% since the 2026 Q2 13F filing date (August 14, 2026), compared to -1.0% for the XLK sector ETF — an outperformance of +43.1%. Since the quarter end (June 30, 2026), MSTR gained +52.1% vs -1.3% for XLK. The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors.

Strategy Inc (MSTR)

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

Smart Money Signals — MSTR

Based on 880 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 4 quarters in a row

last 6Q

For 4 consecutive quarters, more hedge funds reduced or closed their MSTR 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 — 75% of 3.0Y peak

75% of all-time peak

880 funds currently hold this stock — 75% of the 3.0-year high of 1,166 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.

📉

Outflows — 25% fewer funds vs a year ago

fund count last 6Q

286 fewer hedge funds hold MSTR compared to a year ago (-25% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.

🟡

Slight buying edge — 51% buying

526 buying514 selling

Last quarter: 526 funds bought or added vs 514 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.

⚠️

Fewer new buyers each quarter (-16 vs last Q)

new funds entering per quarter

Funds opening this position for the first time: 134 → 181 → 139 → 123. 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.

🔒

51% of holders stayed for 2+ years

■ 51% conviction (2yr+) ■ 30% medium ■ 19% new

449 out of 880 hedge funds have held MSTR 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 +20%, value -27%

Value

-26%

+20%

Last quarter: funds added +20% more shares while total portfolio value only changed -27%. 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

242 → 134 → 181 → 139 → 123 new funds/Q

New funds entering each quarter: 134 → 181 → 139 → 123. MSTR 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 — 53% veterans vs 22% newcomers

■ 53% veterans ■ 26% 1-2yr ■ 22% new

Entry-cohort mix of 1,010 holders: 533 (53%) are 2+ year veterans, 258 entered 1–2 years ago, and 219 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 65% AUM from top-100 funds

65% from top-100 AUM funds

64 of 849 holders are among the 100 largest funds by AUM, controlling 65% of total institutional value in MSTR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

2.2

out of 10

Low Exit Risk

Exit risk score 2.2/10 — 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.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	842	963	-12.56%
13F Shares	350M	320M	9.31%
Total Value	$31.87B	$44.09B	-27.71%
New Positions	119	139	-20
Increased Positions	369	446	-77
Closed Positions	209	174	+35
Reduced Positions	273	256	+17
Total Calls	81	68	19.12%
Total Puts	79	69	14.49%
PUT/CALL Ratio	0.98	1.01	Neutral

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

842

963

-12.56%

13F Shares

350M

320M

9.31%

Total Value

$31.87B

$44.09B

-27.71%

New Positions

119

139

-20

Increased Positions

369

446

-77

Closed Positions

209

174

+35

Reduced Positions

273

256

+17

Total Calls

19.12%

Total Puts

14.49%

PUT/CALL Ratio

0.98

1.01

Neutral

Institutional Holders (2026 Q2)

842 + investors

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

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 MSTR holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Turner Capital Investments, LLC	100.00%	4,206	$421K
2	SkyBridge Capital II, LLC	80.39%	98,690	$8.4M
3	Bitwise Funds Trust	7.33%	381,626	$33.2M
4	Accuvest Global Advisors	5.25%	70,140	$6.1M
5	Shariaportfolio, INC.	4.59%	149,236	$13.0M
6	Aspiring Ventures, LLC	4.00%	189,247	$16.5M
7	Caitong International Asset Management Co., Ltd	3.99%	334,219	$29.1M
8	Harvest Portfolios Group Inc.	3.83%	3,121,927	$271.4M
9	Greenland Capital Management LP	3.21%	300,000	$26.1M
10	Vista Investment Partners II, LLC	2.90%	85,122	$7.4M
11	Lauer Wealth, LLC	2.28%	38,896	$3.8M
12	Strong Tower Advisory Services	2.18%	140,149	$12.2M
13	Capital Wealth Alliance, LLC	2.14%	53,147	$4.6M
14	Tidal Investments LLC	2.09%	13,900,800	$1.21B
15	Kultura Capital Management LP	1.69%	107,500	$9.3M
16	Sessa Capital IM, L.P.	1.67%	1,150,000	$100.0M
17	Scientech Research LLC	1.54%	21,887	$1.9M
18	Longitude (Cayman) Ltd.	1.52%	55,000	$4.8M
19	Kessler Investment Group, LLC	1.48%	39,932	$3.5M
20	Farringdon Capital, Ltd.	1.45%	33,608	$2.9M
21	Bitwise Funds Trust	1.44%	74,700	$6.5M
22	Longitude (Cayman) Ltd.	1.34%	48,500	$4.2M
23	Cannon Global Investment Management, LLC	1.30%	5,300	$461K
24	Alpine Global Management, LLC	1.22%	86,266	$7.5M
25	Collar Capital Management, LLC	1.09%	21,318	$1.9M

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 — Strategy Inc (MSTR)

What does the Smart Money Trend signal show for MSTR?

Selling streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds reduced or closed their MSTR 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 MSTR?

Slight buying edge — 51% buying: Last quarter: 526 funds bought or added vs 514 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 MSTR holders?

Elite ownership — 65% AUM from top-100 funds: 64 of 849 holders are among the 100 largest funds by AUM, controlling 65% of total institutional value in MSTR. 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 MSTR?

51% of holders stayed for 2+ years: 449 out of 880 hedge funds have held MSTR 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 Strategy Inc (MSTR) following the 2026 Q2 hedge fund 13F filings?

As of today, MSTR has moved +42.1% since the 2026 Q2 13F filing date (August 14, 2026), compared to -1.0% for the XLK sector ETF — an outperformance of +43.1%. Since the quarter end (June 30, 2026), MSTR has gained +52.1% vs -1.3% for XLK. 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.

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Strategy Inc (MSTR)

Smart Money Signals — MSTR

Selling streak — 4 quarters in a row

High ownership — 75% of 3.0Y peak

Outflows — 25% fewer funds vs a year ago

Slight buying edge — 51% buying

Fewer new buyers each quarter (-16 vs last Q)

51% of holders stayed for 2+ years

Buying through price weakness — shares +20%, value -27%

Peak discovery — momentum slowing

Veteran-anchored — 53% veterans vs 22% newcomers

Elite ownership — 65% AUM from top-100 funds

Institutional Sentiment Summary — MSTR

Hedge Fund Ownership: MSTR

Market Analysis: MSTR

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: MSTR

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

Hedge Fund Positioning: MSTR

Statistics: MSTR

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Strategy Inc (MSTR)

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