Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Neonode Inc (NEON)

56 + Investors. Track Smart Money conviction in NEON. 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
44%

Smart Money Signals — NEON

Based on 56 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 NEON 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 — 93% of 3.0Y peak

93% of all-time peak
56 funds currently hold this stock — 93% of the 3.0-year high of 60 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +167% more funds vs a year ago

fund count last 6Q
+35 new funds entered over the past year (+167% 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 — 44% buying

30 buying38 selling
Last quarter: 38 funds reduced or exited vs 30 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.
➡️

Steady new buyers — ~16 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 23 → 12 → 16 → 16. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌

Mixed — 36% long-term, 39% new

■ 36% conviction (2yr+) ■ 25% medium ■ 39% new
Of the 56 current holders: 20 (36%) held >2 years, 14 held 1–2 years, and 22 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💎

Buying through price weakness — shares -15%, value -32%

Value
-31%
Shares
-14%
Last quarter: funds added -15% more shares while total portfolio value only changed -32%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~16 new funds/quarter

4 → 23 → 12 → 16 → 16 new funds/Q
New funds entering each quarter: 23 → 12 → 16 → 16. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 48% of holders stayed 2+ years

■ 48% veterans ■ 10% 1-2yr ■ 42% new
Of 60 current holders: 29 (48%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 42% AUM from top-100 funds

42% from top-100 AUM funds
22 of 56 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in NEON. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
5.1
out of 10
Moderate Exit Risk
Exit risk score 5.1/10 — 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 — NEON

In 2026 Q1, 30 hedge funds were net buyers of NEON (16 opened a new position, 14 added to an existing one), while 38 reduced or exited (18 trimmed, 20 sold completely) — a 44% buyer ratio, indicating roughly balanced activity. 42% of total institutional value in NEON is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -4 funds (more exits than new entries). Total institutional holders: 56.

Hedge Fund Ownership: NEON

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

Market Analysis: NEON

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NEON

-- --

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

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

Signal Freshness measures how much NEON 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 · 80d ago
NEON
nan%
XLK
+39.8%

NEON outperformed XLK by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 35d ago
NEON
nan%
XLK
+5.4%

Since the filing became public, NEON outperformed XLK by nan% .

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.

10 top-rated funds 0 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
0.0
/ 10
conviction
Hedge Fund Positioning: NEON
56 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 56 60 -6.67%
13F Shares 3M 4M -14.84%
Total Value $5M $7M -31.79%
New Positions 16 16 -
Increased Positions 13 28 -15
Closed Positions 20 4 +16
Reduced Positions 17 10 +7
Total Calls 2 3 -33.33%
Total Puts 2 3 -33.33%
PUT/CALL Ratio 1.0 1.0 Neutral

Statistics: NEON

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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 --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

56 + investors

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

QUARTER:
Top 25 NEON holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 AlphaQuest LLC 0.00% 11,262 $20K
2 XTX Topco Ltd 0.00% 38,045 $53K
3 Two Sigma Investments, LP 0.00% 366,011 $512K
4 Two Sigma Advisers, LP 0.00% 118,770 $207K
5 Tower Research Capital LLC (TRC) 0.00% 9,318 $13K
6 Centiva Capital, LP 0.00% 16,756 $23K
7 Essential Partners LLC 0.00% 333 —
8 Renaissance Technologies LLC 0.00% 47,703 $67K
9 Ameritas Investment Partners, Inc. 0.00% 1,072 $2K
10 Police & Firemen's Retirement System of New Jersey 0.00% 3,587 $5K
11 SBI Securities Co., Ltd. 0.00% 937 $1K
12 Squarepoint Ops LLC 0.00% 20,722 $29K
13 Russell Investments Group, Ltd. 0.00% 22,201 $31K
14 GAMMA Investing LLC 0.00% 447 —
15 Vanguard Fiduciary Trust Co 0.00% 71,214 $100K
16 Deutsche Bank Ag\ 0.00% 42,779 $60K
17 Susquehanna International Group, LLP 0.00% 125,923 $176K
18 BlackRock, Inc. 0.00% 803,191 $1.1M
19 Susquehanna International Group, LLP 0.00% 124,400 $174K
20 Rhumbline Advisers 0.00% 12,450 $17K
21 Morgan Stanley 0.00% 176,277 $247K
22 Aqr Capital Management LLC 0.00% 21,921 $31K
23 Vanguard Portfolio Management LLC 0.00% 178,060 $249K
24 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% 5,645 $8K
25 New York State Common Retirement Fund 0.00% 4,900 $7K
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 — Neonode Inc (NEON)

What does the Smart Money Trend signal show for NEON?

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

More sellers than buyers — 44% buying: Last quarter: 38 funds reduced or exited vs 30 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 NEON holders?

Elite ownership — 42% AUM from top-100 funds: 22 of 56 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in NEON. 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 NEON?

Mixed — 36% long-term, 39% new: Of the 56 current holders: 20 (36%) held >2 years, 14 held 1–2 years, and 22 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Is it too late to buy Neonode Inc (NEON) following the 2026 Q1 hedge fund 13F filings?

As of today, NEON has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.4% for the XLK sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), NEON has gained nan% vs +39.8% 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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