Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

National Grid plc (NGG)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +47
Streak
5Q ▲
Buyers last Q
59%

Smart Money Signals — NGG

Based on 586 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 5 quarters in a row

last 6Q
For 5 consecutive quarters, more hedge funds added NGG 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
586 hedge funds hold NGG 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 — +27% more funds vs a year ago

fund count last 6Q
+126 new funds entered over the past year (+27% 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 — 59% buying

326 buying227 selling
Last quarter: 326 funds bought or added vs 227 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.
➡️

Steady new buyers — ~95 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 91 → 69 → 95 → 95. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 25% medium ■ 22% new
314 out of 586 hedge funds have held NGG 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.
📈

Growing discovery — still being found

59 → 91 → 69 → 95 → 95 new funds/Q
New funds entering each quarter: 91 → 69 → 95 → 95. A growing number of institutions are discovering NGG each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 62% veterans vs 26% newcomers

■ 62% veterans ■ 13% 1-2yr ■ 26% new
Entry-cohort mix of 596 holders: 367 (62%) are 2+ year veterans, 77 entered 1–2 years ago, and 152 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 56% AUM from top-100 funds

56% from top-100 AUM funds
46 of 583 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in NGG. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — 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 — NGG

In 2026 Q1, 326 hedge funds were net buyers of NGG (95 opened a new position, 231 added to an existing one), while 227 reduced or exited (179 trimmed, 48 sold completely) — a 59% buyer ratio, indicating a slight buying edge. This marks 5 consecutive quarters of net institutional buying — a persistent conviction signal. 56% of total institutional value in NGG is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +47 funds (more new holders than closures). Total institutional holders: 586.

Hedge Fund Ownership: NGG

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

Market Analysis: NGG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NGG

-- --

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

Is It Too Late to Buy National Grid plc (NGG) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NGG has moved relative to its sector benchmark (XLU) 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
NGG
-6.1%
XLU
-2.5%

NGG outperformed XLU by -3.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 37d ago
NGG
+1.1%
XLU
+2.0%

Since the filing became public, NGG outperformed XLU by -0.9% .

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.

26 top-rated funds 3 high-conviction
Consensus
6.2
/ 10
breadth
×
Elite
2.8
/ 10
conviction
Hedge Fund Positioning: NGG
580 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 580 539 7.61%
13F Shares 60M 60M 0.13%
Total Value $4.83B $4.62B 4.62%
New Positions 94 95 -1
Increased Positions 228 234 -6
Closed Positions 53 57 -4
Reduced Positions 176 115 +61
Total Calls 7 5 40.0%
Total Puts 6 5 20.0%
PUT/CALL Ratio 0.86 1.0 Neutral

Statistics: NGG

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
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)

580 + investors

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

QUARTER:
Top 25 NGG holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Standard Investments LLC 4.57% 987,100 $83.5M
2 Abc Arbitrage SA 3.99% 355,114 $30.0M
3 Milford Funds Ltd 3.14% 1,773,663 $150.1M
4 Beck Bode, LLC 3.05% 212,922 $18.0M
5 M. Kulyk & Associates, LLC 1.44% 91,129 $7.7M
6 Guardian Partners Inc. 1.21% 171,170 $14.5M
7 Old Port Advisors 0.99% 50,981 $4.3M
8 Henry James International Management Inc. 0.94% 30,701 $2.6M
9 Gilman Hill Asset Management, LLC 0.86% 67,222 $5.7M
10 JCIC Asset Management Inc. 0.83% 32,180 $2.7M
11 Brandes Investment Partners, LP 0.79% 1,312,011 $111.0M
12 Zevin Asset Management LLC 0.77% 65,697 $5.6M
13 Ramirez Asset Management, Inc. 0.76% 74,169 $6.3M
14 First Bank & Trust 0.74% 53,949 $4.6M
15 Cullen Capital Management, LLC 0.69% 794,204 $67.2M
16 Raleigh Capital Management Inc. 0.69% 23,593 $2.0M
17 Lockheed Martin Investment Management Co 0.66% 214,700 $18.2M
18 Strategy Asset Managers LLC 0.66% 47,549 $4.0M
19 Farringdon Capital, Ltd. 0.62% 33,526 $2.8M
20 Code Waechter LLC 0.58% 11,536 $976K
21 Retirement Planning Co of New England, Inc. 0.57% 16,513 $1.4M
22 Causeway Capital Management LLC 0.56% 538,761 $45.6M
23 Hennessy Advisors Inc 0.55% 180,944 $15.3M
24 Clark Capital Management Group, Inc. 0.45% 862,160 $72.9M
25 Campbell & CO Investment Adviser LLC 0.43% 88,246 $7.5M
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 — National Grid plc (NGG)

What does the Smart Money Trend signal show for NGG?

Buying streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds added NGG 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 NGG?

Slight buying edge — 59% buying: Last quarter: 326 funds bought or added vs 227 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 NGG holders?

Elite ownership — 56% AUM from top-100 funds: 46 of 583 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in NGG. 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 NGG?

54% of holders stayed for 2+ years: 314 out of 586 hedge funds have held NGG 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 National Grid plc (NGG) following the 2026 Q1 hedge fund 13F filings?

As of today, NGG has moved +1.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the XLU sector ETF — an outperformance of -0.9%. Since the quarter end (March 31, 2026), NGG has gained -6.1% vs -2.5% for XLU. 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.

Full history →