Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Northern Technologies Intl C (NTIC)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
4Q ▼
Buyers last Q
37%

Smart Money Signals — NTIC

Based on 45 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds reduced or closed their NTIC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🔻

Below peak — only 64% of 3.0Y high

64% of all-time peak
Only 45 funds hold NTIC today versus a peak of 70 funds at 2025 Q1 — just 64% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
📉

Outflows — 36% fewer funds vs a year ago

fund count last 6Q
25 fewer hedge funds hold NTIC compared to a year ago (-36% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🔴

Heavy selling pressure — only 37% buying

14 buying24 selling
Last quarter: 24 funds sold vs only 14 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~7 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 11 → 5 → 3 → 7. 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+) ■ 27% medium ■ 20% new
24 out of 45 hedge funds have held NTIC 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.
📊

Peak discovery — momentum slowing

8 → 11 → 5 → 3 → 7 new funds/Q
New funds entering each quarter: 11 → 5 → 3 → 7. NTIC is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 58% veterans vs 22% newcomers

■ 58% veterans ■ 20% 1-2yr ■ 22% new
Entry-cohort mix of 45 holders: 26 (58%) are 2+ year veterans, 9 entered 1–2 years ago, and 10 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 21% AUM from major funds

21% from top-100 AUM funds
16 of 45 holders rank in the top 100 by AUM, accounting for 21% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.4
out of 10
Low Exit Risk
Exit risk score 2.4/10 — 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 — NTIC

In 2026 Q1, 14 hedge funds were net buyers of NTIC (7 opened a new position, 7 added to an existing one), while 24 reduced or exited (15 trimmed, 9 sold completely) — a 37% buyer ratio, indicating net institutional distribution. This extends a 4-quarter selling streak, suggesting sustained institutional caution. 21% of total institutional value in NTIC is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 45.

Hedge Fund Ownership: NTIC

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

Market Analysis: NTIC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NTIC

-- --

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

Is It Too Late to Buy Northern Technologies Intl C (NTIC) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NTIC 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 · 86d ago
NTIC
+0.8%
SPY
+13.0%

NTIC outperformed SPY by -12.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 41d ago
NTIC
+5.2%
SPY
-0.5%

Since the filing became public, NTIC outperformed SPY by +5.7% .

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.

7 top-rated funds 0 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: NTIC
43 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 43 47 -8.51%
13F Shares 3M 3M -2.53%
Total Value $24M $24M -0.96%
New Positions 5 3 +2
Increased Positions 7 9 -2
Closed Positions 9 7 +2
Reduced Positions 15 19 -4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NTIC

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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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Institutional Holders (2026 Q1)

43 + investors

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

QUARTER:
Top 25 NTIC holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Peapod Lane Capital LLC 0.97% 142,642 $1.2M
2 Meros Investment Management, LP 0.74% 206,259 $1.7M
3 Ballast Advisors LLC 0.41% 171,047 $1.4M
4 Needham Investment Management LLC 0.32% 765,000 $6.3M
5 North Star Investment Management Corp. 0.07% 148,000 $1.2M
6 RBF Capital, LLC 0.03% 59,590 $491K
7 Dynamic Advisor Solutions LLC 0.02% 88,077 $726K
8 Navellier & Associates Inc 0.02% 25,000 $206K
9 Estabrook Capital Management 0.01% 12,188 $100K
10 Rothschild Wealth LLC 0.01% 18,647 $154K
11 Axiom Investment Management LLC 0.01% 1,231 $10K
12 Diamond Hill Capital Management Inc 0.00% 63,625 $524K
13 Bridgeway Capital Management, LLC 0.00% 15,661 $129K
14 Renaissance Technologies LLC 0.00% 118,777 $979K
15 Salem Investment Counselors Inc 0.00% 3,708 $31K
16 CENTRAL TRUST Co 0.00% 3,319 $27K
17 Arrowstreet Capital, Limited Partnership 0.00% 43,212 $356K
18 Millennium Management LLC 0.00% 45,134 $372K
19 PNC Financial Services Group, INC. 0.00% 24,000 $198K
20 Vanguard Fiduciary Trust Co 0.00% 44,164 $364K
21 Vanguard Capital Management LLC 0.00% 383,816 $3.2M
22 Osaic Holdings, INC. 0.00% 3,374 $28K
23 UBS Group AG 0.00% 19,281 $159K
24 GAMMA Investing LLC 0.00% 52 —
25 Jane Street Group, LLC 0.00% 10,477 $86K
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 — Northern Technologies Intl C (NTIC)

What does the Smart Money Trend signal show for NTIC?

Selling streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds reduced or closed their NTIC 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 NTIC?

Heavy selling pressure — only 37% buying: Last quarter: 24 funds sold vs only 14 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for NTIC holders?

Strong quality — 21% AUM from major funds: 16 of 45 holders rank in the top 100 by AUM, accounting for 21% 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 NTIC?

53% of holders stayed for 2+ years: 24 out of 45 hedge funds have held NTIC 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 Northern Technologies Intl C (NTIC) following the 2026 Q1 hedge fund 13F filings?

As of today, NTIC has moved +5.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to -0.5% for the SPY sector ETF — an outperformance of +5.7%. Since the quarter end (March 31, 2026), NTIC has gained +0.8% vs +13.0% 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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