Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Ncr Atleos Corporation (NATL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +31
Streak
3Q ▲
Buyers last Q
55%

Smart Money Signals — NATL

Based on 364 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added NATL 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
364 hedge funds hold NATL 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 — +26% more funds vs a year ago

fund count last 6Q
+74 new funds entered over the past year (+26% 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 — 55% buying

180 buying148 selling
Last quarter: 180 funds bought or added vs 148 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 (+17 vs last Q)

new funds entering per quarter
Funds opening a new NATL position: 34 → 56 → 63 → 80. 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+) ■ 27% medium ■ 33% new
146 out of 364 hedge funds have held NATL 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.
🚀

Acceleration phase — new buyers rushing in

43 → 34 → 56 → 63 → 80 new funds/Q
New funds entering each quarter: 34 → 56 → 63 → 80. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 46% veterans vs 35% newcomers

■ 46% veterans ■ 19% 1-2yr ■ 35% new
Entry-cohort mix of 369 holders: 170 (46%) are 2+ year veterans, 71 entered 1–2 years ago, and 128 (35%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 33% AUM from major funds

33% from top-100 AUM funds
51 of 362 holders rank in the top 100 by AUM, accounting for 33% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.2
out of 10
Moderate Exit Risk
Exit risk score 4.2/10 — 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 — NATL

In 2026 Q1, 180 hedge funds were net buyers of NATL (80 opened a new position, 100 added to an existing one), while 148 reduced or exited (99 trimmed, 49 sold completely) — a 55% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 33% of total institutional value in NATL is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +31 funds (more new holders than closures). Total institutional holders: 364.

Hedge Fund Ownership: NATL

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

Market Analysis: NATL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NATL

-- --

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

Is It Too Late to Buy Ncr Atleos Corporation (NATL) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NATL has moved relative to its sector benchmark (XLK) 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 · 82d ago
NATL
+0.1%
XLK
+44.0%

NATL outperformed XLK by -43.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 37d ago
NATL
-2.1%
XLK
+8.6%

Since the filing became public, NATL outperformed XLK by -10.7% .

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.

24 top-rated funds 4 high-conviction
Consensus
6.1
/ 10
breadth
×
Elite
3.2
/ 10
conviction
Hedge Fund Positioning: NATL
359 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 359 333 7.81%
13F Shares 67M 71M -5.68%
Total Value $2.85B $2.70B 5.55%
New Positions 78 63 +15
Increased Positions 97 85 +12
Closed Positions 52 31 +21
Reduced Positions 97 108 -11
Total Calls 5 5 -
Total Puts 2 3 -33.33%
PUT/CALL Ratio 0.4 0.6 Bullish

Statistics: NATL

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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)

359 + investors

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

QUARTER:
Top 25 NATL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Alta Fox Capital Management, LLC 18.01% 1,560,889 $68.0M
2 Fourth Sail Capital LP 14.53% 2,028,605 $88.4M
3 Engine Capital Management, LP 13.58% 2,581,525 $112.5M
4 Breach Inlet Capital Management, LLC 7.76% 542,663 $23.6M
5 Coliseum Capital Management, LLC 5.45% 1,524,725 $66.4M
6 Villanova Investment Management Co LLC 4.70% 105,263 $4.6M
7 Kestrel Investment Management Corp 4.08% 156,850 $6.8M
8 Kintayl Capital LP 3.52% 155,226 $6.8M
9 XY Capital Ltd 2.68% 62,000 $2.7M
10 P Schoenfeld Asset Management LP 1.78% 75,000 $3.3M
11 Crescent Grove Advisors, LLC 1.68% 401,456 $17.5M
12 Lone Peak Global Investors LLC 1.65% 226,833 $9.9M
13 Versor Investments LP 1.34% 12,551 $547K
14 Alpine Associates Management INC. 1.22% 474,800 $20.7M
15 Jones Kertz & Associates, Inc. 0.82% 35,620 $1.6M
16 Glendon Capital Management LP 0.78% 143,500 $6.3M
17 AQR Arbitrage LLC 0.55% 784,236 $33.7M
18 Ironwood Investment Management LLC 0.51% 27,908 $1.2M
19 HighVista Strategies LLC 0.48% 40,100 $1.7M
20 VARCOV Co. 0.40% 24,509 $1.1M
21 Prelude Capital Management, LLC 0.40% 118,919 $5.2M
22 Yorktown Management & Research Co Inc 0.38% 10,400 $453K
23 Soros Fund Management LLC 0.35% 730,349 $31.8M
24 Community Bank of Raymore 0.33% 11,425 $498K
25 Fuller & Thaler Asset Management, INC. 0.31% 2,114,418 $92.1M
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 — Ncr Atleos Corporation (NATL)

What does the Smart Money Trend signal show for NATL?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added NATL 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 NATL?

Slight buying edge — 55% buying: Last quarter: 180 funds bought or added vs 148 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 NATL holders?

Strong quality — 33% AUM from major funds: 51 of 362 holders rank in the top 100 by AUM, accounting for 33% 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 NATL?

40% of holders stayed for 2+ years: 146 out of 364 hedge funds have held NATL 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 Ncr Atleos Corporation (NATL) following the 2026 Q1 hedge fund 13F filings?

As of today, NATL has moved -2.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +8.6% for the XLK sector ETF — an outperformance of -10.7%. Since the quarter end (March 31, 2026), NATL has gained +0.1% vs +44.0% for XLK. 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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