Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Nathans Famous Inc (NATH)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +9
Streak
1Q ▲
Buyers last Q
50%

Smart Money Signals — NATH

Based on 126 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added NATH 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
126 hedge funds hold NATH 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 — +29% more funds vs a year ago

fund count last 6Q
+28 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.
🟡

Slight buying edge — 50% buying

68 buying68 selling
Last quarter: 68 funds bought or added vs 68 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 (+29 vs last Q)

new funds entering per quarter
Funds opening a new NATH position: 25 → 26 → 10 → 39. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

40% of holders stayed for 2+ years

■ 40% conviction (2yr+) ■ 25% medium ■ 35% new
51 out of 126 hedge funds have held NATH 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 — ~39 new funds/quarter

18 → 25 → 26 → 10 → 39 new funds/Q
New funds entering each quarter: 25 → 26 → 10 → 39. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 48% veterans vs 38% newcomers

■ 48% veterans ■ 13% 1-2yr ■ 38% new
Entry-cohort mix of 126 holders: 61 (48%) are 2+ year veterans, 17 entered 1–2 years ago, and 48 (38%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 21% AUM from major funds

21% from top-100 AUM funds
34 of 126 holders rank in the top 100 by AUM, accounting for 21% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.1
out of 10
Moderate Exit Risk
Exit risk score 4.1/10 — 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 — NATH

In 2026 Q1, 68 hedge funds were net buyers of NATH (39 opened a new position, 29 added to an existing one), while 68 reduced or exited (38 trimmed, 30 sold completely) — a 50% buyer ratio, indicating a slight buying edge. 21% of total institutional value in NATH is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +9 funds (more new holders than closures). Total institutional holders: 126.

Hedge Fund Ownership: NATH

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

Market Analysis: NATH

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NATH

-- --

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

Is It Too Late to Buy Nathans Famous Inc (NATH) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NATH 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 · 78d ago
NATH
+0.8%
XLY
+8.9%

NATH outperformed XLY by -8.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
NATH
+0.3%
XLY
+1.9%

Since the filing became public, NATH outperformed XLY by -1.6% .

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.

14 top-rated funds 0 high-conviction
Consensus
5.1
/ 10
breadth
×
Elite
0.7
/ 10
conviction
Hedge Fund Positioning: NATH
126 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 126 117 7.69%
13F Shares 2M 2M 5.71%
Total Value $206M $180M 13.97%
New Positions 39 10 +29
Increased Positions 29 44 -15
Closed Positions 30 12 +18
Reduced Positions 38 38 -
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NATH

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

Financial Highlights

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Institutional Holders (2026 Q1)

126 + investors

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

QUARTER:
Top 25 NATH holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Teton Advisors, LLC 1.52% 21,425 $2.2M
2 Bck Capital Management LP 1.32% 3,000 $302K
3 Abc Arbitrage SA 0.72% 53,957 $5.4M
4 Retirement Guys Formula LLC 0.56% 12,170 $1.2M
5 Credit Industriel Et Commercial 0.34% 42,814 $4.3M
6 Gamco Investors, INC. Et Al 0.29% 291,086 $29.3M
7 Diametric Capital, LP 0.19% 7,250 $730K
8 PenderFund Capital Management Ltd. 0.14% 8,600 $866K
9 Cullen Investment Group, LTD. 0.13% 9,636 $971K
10 Gabelli Funds LLC 0.13% 187,000 $18.8M
11 Corsair Capital Management, L.P. 0.07% 4,746 $478K
12 Water Island Capital LLC 0.06% 4,994 $503K
13 Magnetar Financial LLC 0.05% 49,107 $4.9M
14 Inspire Investing, LLC 0.04% 5,093 $513K
15 Schonfeld Strategic Advisors LLC 0.04% 52,401 $5.3M
16 RBF Capital, LLC 0.04% 7,000 $705K
17 Renaissance Technologies LLC 0.02% 154,356 $15.5M
18 Hotchkis & Wiley Capital Management LLC 0.02% 66,320 $6.7M
19 Inspire Advisors, LLC 0.02% 2,450 $247K
20 OMERS ADMINISTRATION Corp 0.02% 30,000 $3.0M
21 Brooklyn Investment Group 0.02% 5,774 $582K
22 Longfellow Investment Management Co LLC 0.02% 746 $75K
23 AdvisorShares Investments LLC 0.02% 850 $86K
24 Polar Asset Management Partners Inc. 0.01% 7,400 $745K
25 Trexquant Investment LP 0.01% 18,865 $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 — Nathans Famous Inc (NATH)

What does the Smart Money Trend signal show for NATH?

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

Slight buying edge — 50% buying: Last quarter: 68 funds bought or added vs 68 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 NATH holders?

Strong quality — 21% AUM from major funds: 34 of 126 holders rank in the top 100 by AUM, accounting for 21% 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 NATH?

40% of holders stayed for 2+ years: 51 out of 126 hedge funds have held NATH 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 Nathans Famous Inc (NATH) following the 2026 Q1 hedge fund 13F filings?

As of today, NATH has moved +0.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.9% for the XLY sector ETF — an outperformance of -1.6%. Since the quarter end (March 31, 2026), NATH has gained +0.8% vs +8.9% for XLY. 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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