Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Netflix INC. (NFLX)

3K + Investors. Track Smart Money conviction in NFLX. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -224
Streak
1Q ▼
Buyers last Q
48%

Smart Money Signals — NFLX

Based on 3394 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their NFLX 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 — 94% of 3.0Y peak

94% of all-time peak
3,394 funds currently hold this stock — 94% of the 3.0-year high of 3,618 funds (reached 2026 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding NFLX is almost the same as a year ago (-47 funds, -1% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 48% buying

1765 buying1908 selling
Last quarter: 1,908 funds reduced or exited vs 1,765 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.
⚠️

Fewer new buyers each quarter (-161 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 245 → 464 → 398 → 237. 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.
🔒

65% of holders stayed for 2+ years

■ 65% conviction (2yr+) ■ 19% medium ■ 16% new
2,198 out of 3,394 hedge funds have held NFLX 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 +16%, value -22%

Value
-22%
Shares
+15%
Last quarter: funds added +16% more shares while total portfolio value only changed -22%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~237 new funds/quarter

475 → 245 → 464 → 398 → 237 new funds/Q
New funds entering each quarter: 245 → 464 → 398 → 237. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 67% veterans vs 19% newcomers

■ 67% veterans ■ 14% 1-2yr ■ 19% new
Entry-cohort mix of 3,587 holders: 2,394 (67%) are 2+ year veterans, 518 entered 1–2 years ago, and 675 (19%) 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
73 of 3377 holders are among the 100 largest funds by AUM, controlling 65% of total institutional value in NFLX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — 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.

Institutional Sentiment Summary — NFLX

In 2026 Q2, 1765 hedge funds were net buyers of NFLX (237 opened a new position, 1528 added to an existing one), while 1908 reduced or exited (1447 trimmed, 461 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. 65% of total institutional value in NFLX is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -224 funds (more exits than new entries). Total institutional holders: 3394.

What Fund Managers Are Saying About NFLX

▲ 1 bullish
Eric Clark · AccuVest Global Advisors add 2026-07-16
Increase Netflix position on weakness, anticipating fall engagement rebound and continued buyback.
▶ Watch on YouTubevia Bloomberg Podcasts
AI-generated paraphrases of public interviews · informational only, not investment advice · see all manager views

Hedge Fund Ownership: NFLX

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

Market Analysis: NFLX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NFLX

-- --

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

Is It Too Late to Buy Netflix INC. (NFLX) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NFLX has moved relative to its sector benchmark (XLC) since the 2026 Q2 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 June 30, 2026 · 84d ago
NFLX
+2.7%
XLC
+7.5%

NFLX outperformed XLC by -4.8% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 39d ago
NFLX
-6.1%
XLC
+1.9%

Since the filing became public, NFLX outperformed XLC by -8.0% .

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 ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

90 top-rated funds 35 high-conviction
Consensus
8.5
/ 10
breadth
×
Elite
4.6
/ 10
conviction
Hedge Fund Positioning: NFLX
3K + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 3334 3618 -7.85%
13F Shares 3.69B 3.58B 2.91%
Total Value $255.34B $336.24B -24.06%
New Positions 220 398 -178
Increased Positions 1470 1855 -385
Closed Positions 487 302 +185
Reduced Positions 1366 1061 +305
Total Calls 125 119 5.04%
Total Puts 84 77 9.09%
PUT/CALL Ratio 0.67 0.65 Bullish

Statistics: NFLX

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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

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Total Cash (mrq) --
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Institutional Holders (2026 Q2)

3K + investors

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

QUARTER:
Top 25 NFLX holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Barton Investment Management 22.09% 2,283,655 $163.1M
2 PHOENIX ASSET MANAGEMENT PARTNERS Ltd 15.44% 329,210 $23.5M
3 CIBC Capital Markets (Europe) S.A. 13.81% 1,440,030 $102.8M
4 SRS Investment Management, LLC 10.03% 15,184,530 $1.08B
5 Accuvest Global Advisors 9.39% 152,911 $10.9M
6 Grace & Mercy Foundation, Inc. 8.16% 459,190 $32.8M
7 Ogborne Capital Management, LLC 7.47% 300,000 $21.4M
8 Gobi Capital LLC 6.98% 2,084,109 $148.8M
9 Venator Management LLC 6.73% 418,675 $29.9M
10 Consulta Ltd 6.57% 2,550,000 $182.1M
11 Bancreek Capital Management, LP 6.37% 23,579 $1.7M
12 AlpenGlobal Capital LLC 5.86% 127,931 $9.1M
13 Bowie Capital Management, LLC 5.60% 1,843,924 $131.7M
14 Conway Capital Management, INC. 5.48% 172,510 $12.3M
15 Mcdonald Capital Investors Inc/Ca 5.46% 1,046,297 $74.7M
16 Motley Fool Wealth Management, LLC 5.43% 5,006 $357K
17 Greenlea Lane Capital Management, LLC 5.41% 275,835 $19.7M
18 Tenzing Global Management, LLC 5.36% 162,500 $11.6M
19 BRIGHT VALLEY CAPITAL Ltd 5.13% 450,000 $32.1M
20 HS Management Partners, LLC 5.12% 208,599 $14.9M
21 Teewinot Capital Advisers, L.L.C. 5.10% 987,648 $70.5M
22 Islander Capital Partners, L.P. 4.81% 185,828 $13.3M
23 Pershing Square INC. 4.80% 13,081,465 $934.0M
24 Sycale Advisors (NY) LLC 4.77% 217,673 $15.5M
25 Luma Capital S.A. - SPF 4.63% 72,680 $5.2M
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 — Netflix INC. (NFLX)

What does the Smart Money Trend signal show for NFLX?

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

More sellers than buyers — 48% buying: Last quarter: 1,908 funds reduced or exited vs 1,765 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 NFLX holders?

Elite ownership — 65% AUM from top-100 funds: 73 of 3377 holders are among the 100 largest funds by AUM, controlling 65% of total institutional value in NFLX. 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 NFLX?

65% of holders stayed for 2+ years: 2,198 out of 3,394 hedge funds have held NFLX 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 Netflix INC. (NFLX) following the 2026 Q2 hedge fund 13F filings?

As of today, NFLX has moved -6.1% since the 2026 Q2 13F filing date (August 14, 2026), compared to +1.9% for the XLC sector ETF — an outperformance of -8.0%. Since the quarter end (June 30, 2026), NFLX has gained +2.7% vs +7.5% for XLC. 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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