Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Ncino Inc (NCNO)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +4
Streak
1Q ▲
Buyers last Q
55%

Smart Money Signals — NCNO

Based on 285 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added NCNO 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 (96% of max)

96% of all-time peak
285 hedge funds hold NCNO 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.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding NCNO is almost the same as a year ago (+7 funds, +3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 55% buying

185 buying154 selling
Last quarter: 185 funds bought or added vs 154 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 (+11 vs last Q)

new funds entering per quarter
Funds opening a new NCNO position: 66 → 70 → 66 → 77. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

43% of holders stayed for 2+ years

■ 43% conviction (2yr+) ■ 26% medium ■ 31% new
122 out of 285 hedge funds have held NCNO 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 — ~77 new funds/quarter

66 → 66 → 70 → 66 → 77 new funds/Q
New funds entering each quarter: 66 → 70 → 66 → 77. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 53% veterans vs 31% newcomers

■ 53% veterans ■ 16% 1-2yr ■ 31% new
Entry-cohort mix of 293 holders: 156 (53%) are 2+ year veterans, 47 entered 1–2 years ago, and 90 (31%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 49% AUM from top-100 funds

49% from top-100 AUM funds
50 of 283 holders are among the 100 largest funds by AUM, controlling 49% of total institutional value in NCNO. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — 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 — NCNO

In 2026 Q2, 185 hedge funds were net buyers of NCNO (77 opened a new position, 108 added to an existing one), while 154 reduced or exited (81 trimmed, 73 sold completely) — a 55% buyer ratio, indicating a slight buying edge. 49% of total institutional value in NCNO is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +4 funds (more new holders than closures). Total institutional holders: 285.

Hedge Fund Ownership: NCNO

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

Market Analysis: NCNO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NCNO

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

14 top-rated funds 1 high-conviction
Consensus
5.1
/ 10
breadth
×
Elite
1.8
/ 10
conviction
Hedge Fund Positioning: NCNO
282 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 282 281 0.36%
13F Shares 130M 121M 7.43%
Total Value $2.17B $1.82B 19.14%
New Positions 77 66 +11
Increased Positions 103 118 -15
Closed Positions 74 82 -8
Reduced Positions 81 76 +5
Total Calls 6 7 -14.29%
Total Puts 4 2 100.0%
PUT/CALL Ratio 0.67 0.29 Bullish

Statistics: NCNO

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Institutional Holders (2026 Q2)

282 + investors

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

QUARTER:
Top 25 NCNO holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Long Path Partners LP 25.36% 3,639,442 $59.5M
2 HMI Capital Management, L.P. 11.45% 4,990,713 $81.6M
3 Lead Edge Capital Management, LLC 10.88% 3,662,570 $59.9M
4 American Capital Management Inc 3.74% 5,107,539 $83.5M
5 Senvest Management, LLC 3.51% 7,326,196 $119.8M
6 Algebris (uk) Ltd 2.59% 2,414,440 $39.4M
7 Tensile Capital Management LP 2.39% 1,056,592 $17.3M
8 Cypress Point Investment Management LP 1.46% 492,329 $8.0M
9 Brown Capital Management LLC 1.21% 370,368 $6.1M
10 Ranger Investment Management, L.P. 1.01% 975,055 $15.9M
11 Clearline Capital LP 0.78% 799,322 $13.1M
12 Azora Capital LP 0.76% 1,101,641 $18.0M
13 Conestoga Capital Advisors, LLC 0.75% 2,120,465 $34.7M
14 Lecap Asset Management Ltd 0.35% 50,246 $822K
15 Cm Wealth Advisors LLC 0.32% 109,424 $1.8M
16 Gagnon Securities LLC 0.24% 75,333 $1.2M
17 EntryPoint Capital, LLC 0.20% 9,127 $287K
18 Kennedy Capital Management LLC 0.18% 632,476 $10.3M
19 Trust Co of the South 0.18% 77,722 $1.3M
20 Kings Path Partners LLC 0.17% 17,215 $467K
21 Palisade Capital Management, LP 0.15% 211,835 $3.5M
22 Oak Thistle LLC 0.14% 88,945 $1.5M
23 Kayne Anderson Rudnick Investment Management LLC 0.13% 2,521,806 $41.2M
24 Dark Forest Capital Management LP 0.13% 121,220 $2.0M
25 Nicholas Company, INC. 0.09% 288,948 $4.7M
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 — Ncino Inc (NCNO)

What does the Smart Money Trend signal show for NCNO?

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

Slight buying edge — 55% buying: Last quarter: 185 funds bought or added vs 154 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 NCNO holders?

Elite ownership — 49% AUM from top-100 funds: 50 of 283 holders are among the 100 largest funds by AUM, controlling 49% of total institutional value in NCNO. 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 NCNO?

43% of holders stayed for 2+ years: 122 out of 285 hedge funds have held NCNO 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.

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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