Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Nokia Corp (NOK)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +73
Streak
2Q ▲
Buyers last Q
64%

Smart Money Signals — NOK

Based on 616 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added NOK 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
616 hedge funds hold NOK 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 — +28% more funds vs a year ago

fund count last 6Q
+136 new funds entered over the past year (+28% 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 buyers than sellers — 64% buying

364 buying204 selling
Last quarter: 364 funds were net buyers (144 opened a brand new position + 220 added to an existing one). Only 204 were sellers (133 trimmed + 71 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+15 vs last Q)

new funds entering per quarter
Funds opening a new NOK position: 95 → 57 → 129 → 144. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

56% of holders stayed for 2+ years

■ 56% conviction (2yr+) ■ 18% medium ■ 27% new
343 out of 616 hedge funds have held NOK 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.
💰

Value +36% but shares only +14% — price-driven

Value
+36%
Shares
+13%
Last quarter: the total dollar value of institutional holdings rose +36%, but actual share count only changed +14%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
🚀

Acceleration phase — new buyers rushing in

90 → 95 → 57 → 129 → 144 new funds/Q
New funds entering each quarter: 95 → 57 → 129 → 144. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 63% veterans vs 28% newcomers

■ 63% veterans ■ 9% 1-2yr ■ 28% new
Entry-cohort mix of 652 holders: 411 (63%) are 2+ year veterans, 56 entered 1–2 years ago, and 185 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 38% AUM from major funds

38% from top-100 AUM funds
43 of 609 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.1
out of 10
Moderate Exit Risk
Exit risk score 4.1/10 — 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 — NOK

In 2026 Q1, 364 hedge funds were net buyers of NOK (144 opened a new position, 220 added to an existing one), while 204 reduced or exited (133 trimmed, 71 sold completely) — a 64% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. 38% of total institutional value in NOK is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +73 funds (more new holders than closures). Total institutional holders: 616.

Hedge Fund Ownership: NOK

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

Market Analysis: NOK

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NOK

-- --

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

Is It Too Late to Buy Nokia Corp (NOK) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NOK 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 · 74d ago
NOK
+84.1%
XLK
+37.9%

NOK outperformed XLK by +46.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 29d ago
NOK
+6.1%
XLK
+3.9%

Since the filing became public, NOK outperformed XLK by +2.2% .

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 ?
Growing Institutional Interest

Quality funds are building positions — conviction is rising but not yet widespread.

36 top-rated funds 14 high-conviction
Consensus
6.8
/ 10
breadth
×
Elite
6.7
/ 10
conviction
Hedge Fund Positioning: NOK
614 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 614 543 13.08%
13F Shares 1.11B 977M 13.51%
Total Value $8.61B $6.32B 36.3%
New Positions 144 129 +15
Increased Positions 215 182 +33
Closed Positions 73 48 +25
Reduced Positions 123 110 +13
Total Calls 23 13 76.92%
Total Puts 20 15 33.33%
PUT/CALL Ratio 0.87 1.15 Neutral

Statistics: NOK

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Valuation Measures Data as of: --

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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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Income Statement & Cash Flow
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Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

614 + investors

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

QUARTER:
Top 25 NOK holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Turiya Advisors Asia Ltd 29.31% 18,092,100 $145.5M
2 Panview Capital Ltd 10.26% 5,960,932 $47.9M
3 Nvidia Corp 7.28% 166,389,351 $1.34B
4 ARGA Investment Management, LP 5.38% 20,388,202 $163.9M
5 SALT Holding Corp. 5.22% 1,075,200 $8.6M
6 TSP Capital Management Group, LLC 4.89% 2,495,192 $20.1M
7 Potrero Capital Research LLC 4.63% 939,065 $7.6M
8 Slate Path Capital LP 4.28% 35,838,802 $288.1M
9 Analog Century Management LP 4.03% 10,494,766 $84.4M
10 Westerly Capital Management, LLC 3.93% 1,800,000 $14.5M
11 Talos Eurisko Asset Management LP 3.66% 2,665,800 $21.4M
12 Henry James International Management Inc. 3.39% 1,166,663 $9.4M
13 Ariose Capital Management Ltd 3.23% 598,086 $4.8M
14 Science & Technology Partners, L.P. 3.12% 1,485,000 $11.9M
15 TB Alternative Assets Ltd. 2.40% 1,436,969 $11.6M
16 Manatuck Hill Partners, LLC 2.06% 950,000 $7.6M
17 Folketrygdfondet 1.92% 13,476,498 $108.4M
18 Harvey Partners, LLC 1.88% 2,945,500 $23.7M
19 Maytus Capital Management, LLC 1.84% 1,286,951 $10.3M
20 Formula Growth Ltd 1.72% 475,000 $3.8M
21 Pzena Investment Management LLC 1.66% 63,425,518 $509.9M
22 Sunstone Asset Management, L.P. 1.56% 164,800 $1.3M
23 WT Asset Management Ltd 1.45% 8,615,862 $69.3M
24 Ceredex Value Advisors LLC 1.44% 5,683,474 $45.7M
25 Oaktree Capital Management LP 1.43% 11,200,308 $90.1M
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 — Nokia Corp (NOK)

What does the Smart Money Trend signal show for NOK?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added NOK 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 NOK?

More buyers than sellers — 64% buying: Last quarter: 364 funds were net buyers (144 opened a brand new position + 220 added to an existing one). Only 204 were sellers (133 trimmed + 71 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for NOK holders?

Strong quality — 38% AUM from major funds: 43 of 609 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held NOK?

56% of holders stayed for 2+ years: 343 out of 616 hedge funds have held NOK 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 Nokia Corp (NOK) following the 2026 Q1 hedge fund 13F filings?

As of today, NOK has moved +6.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.9% for the XLK sector ETF — an outperformance of +2.2%. Since the quarter end (March 31, 2026), NOK has gained +84.1% vs +37.9% 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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