Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Nextnav Inc (NNAVW)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
1Q ▼
Buyers last Q
60%

Smart Money Signals — NNAVW

Based on 19 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 NNAVW positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (95% of max)

95% of all-time peak
19 hedge funds hold NNAVW 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.
📉

Outflows — 5% fewer funds vs a year ago

fund count last 6Q
1 fewer hedge funds hold NNAVW compared to a year ago (-5% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟢

More buyers than sellers — 60% buying

9 buying6 selling
Last quarter: 9 funds were net buyers (2 opened a brand new position + 7 added to an existing one). Only 6 were sellers (3 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~2 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 2 → 2 → 5 → 2. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

53% of holders stayed for 2+ years

■ 53% conviction (2yr+) ■ 32% medium ■ 16% new
10 out of 19 hedge funds have held NNAVW 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 — ~2 new funds/quarter

6 → 2 → 2 → 5 → 2 new funds/Q
New funds entering each quarter: 2 → 2 → 5 → 2. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 53% veterans vs 32% newcomers

■ 53% veterans ■ 16% 1-2yr ■ 32% new
Entry-cohort mix of 19 holders: 10 (53%) are 2+ year veterans, 3 entered 1–2 years ago, and 6 (32%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 0% AUM from top-100

0% from top-100 AUM funds
3 of 18 holders rank in the top 100 by AUM, but together hold only 0% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
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 — NNAVW

In 2026 Q1, 9 hedge funds were net buyers of NNAVW (2 opened a new position, 7 added to an existing one), while 6 reduced or exited (3 trimmed, 3 sold completely) — a 60% buyer ratio, indicating clear institutional accumulation. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 19.

Hedge Fund Ownership: NNAVW

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

Market Analysis: NNAVW

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NNAVW

-- --

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

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

Signal Freshness measures how much NNAVW has moved relative to its sector benchmark (SPY) 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 · 79d ago
NNAVW
nan%
SPY
+13.9%

NNAVW outperformed SPY by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
NNAVW
nan%
SPY
+0.2%

Since the filing became public, NNAVW outperformed SPY 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.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: NNAVW
19 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 19 20 -5.0%
13F Shares 5M 4M 7.43%
Total Value $33M $35M -5.2%
New Positions 2 5 -3
Increased Positions 7 5 +2
Closed Positions 3 3 -
Reduced Positions 3 3 -
Total Calls 1 1 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NNAVW

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Profit Margin --
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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

19 + investors

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

QUARTER:
Top 19 NNAVW holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Milfam LLC 1.38% 250,000 $1.4M
2 Kitching Partners, LLC 0.18% 30,726 $194K
3 Zazove Associates LLC 0.11% 170,655 $1.2M
4 Whitefort Capital Management, LP 0.09% 47,264 $299K
5 Boothbay Fund Management, LLC 0.07% 320,000 $5.1M
6 Caption Management, LLC 0.05% 1,341,250 $8.5M
7 BRC Group Holdings, Inc. 0.03% 21,000 $133K
8 LMR Partners LLP 0.03% 2,059,957 $13.0M
9 Aristeia Capital, L.L.C. 0.02% 183,236 $1.1M
10 K2 Principal Fund, L.P. 0.02% 48,080 $304K
11 Perigon Wealth Management, LLC 0.01% 60,400 $382K
12 Wolverine Asset Management LLC 0.00% 80,737 $511K
13 Gamco Investors, INC. Et Al 0.00% 60,000 $380K
14 Hudson Bay Capital Management LP 0.00% 101,134 $630K
15 Spire Wealth Management 0.00% 2,000 $13K
16 Millennium Management LLC 0.00% 121,250 $768K
17 Wells Fargo & Company/Mn 0.00% 10,433 $66K
18 Barclays plc 0.00% 1,000 $6K
19 UBS Group AG 0.00% 1,495 $9K
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 — Nextnav Inc (NNAVW)

What does the Smart Money Trend signal show for NNAVW?

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

More buyers than sellers — 60% buying: Last quarter: 9 funds were net buyers (2 opened a brand new position + 7 added to an existing one). Only 6 were sellers (3 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for NNAVW holders?

Smaller funds dominant — 0% AUM from top-100: 3 of 18 holders rank in the top 100 by AUM, but together hold only 0% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held NNAVW?

53% of holders stayed for 2+ years: 10 out of 19 hedge funds have held NNAVW 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 Nextnav Inc (NNAVW) following the 2026 Q1 hedge fund 13F filings?

As of today, NNAVW has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), NNAVW has gained nan% vs +13.9% for SPY. 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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