Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Newbury Str II Acquisition C (NTWO)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
2Q ▼
Buyers last Q
53%

Smart Money Signals — NTWO

Based on 40 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their NTWO 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 — 93% of 3.0Y peak

93% of all-time peak
40 funds currently hold this stock — 93% of the 3.0-year high of 43 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +21% more funds vs a year ago

fund count last 6Q
+7 new funds entered over the past year (+21% 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 — 53% buying

10 buying9 selling
Last quarter: 10 funds bought or added vs 9 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 — ~2 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 10 → 5 → 2 → 2. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 15% entered in last year

■ 5% conviction (2yr+) ■ 80% medium ■ 15% new
Only 2 funds (5%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
⚠️

Saturation — most institutions already know this story

24 → 10 → 5 → 2 → 2 new funds/Q
New funds entering each quarter: 10 → 5 → 2 → 2. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.
🌱

Early stage — 78% of holders entered in last year

■ 5% veterans ■ 18% 1-2yr ■ 78% new
Of 40 current holders: 31 (78%) entered in the past year, only 2 (5%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
📋

Smaller funds dominant — 8% AUM from top-100

8% from top-100 AUM funds
5 of 40 holders rank in the top 100 by AUM, but together hold only 8% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.1
out of 10
Low Exit Risk
Exit risk score 3.1/10 — 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 — NTWO

In 2026 Q1, 10 hedge funds were net buyers of NTWO (2 opened a new position, 8 added to an existing one), while 9 reduced or exited (6 trimmed, 3 sold completely) — a 53% buyer ratio, indicating a slight buying edge. Net selling has persisted for two consecutive quarters. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 40.

Hedge Fund Ownership: NTWO

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

Market Analysis: NTWO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NTWO

-- --

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

Is It Too Late to Buy Newbury Str II Acquisition C (NTWO) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NTWO has moved relative to its sector benchmark (XLF) 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 · 83d ago
NTWO
+1.1%
XLF
+126.4%

NTWO outperformed XLF by -125.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 38d ago
NTWO
+0.1%
XLF
+96.0%

Since the filing became public, NTWO outperformed XLF by -95.9% .

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.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.6
/ 10
conviction
Hedge Fund Positioning: NTWO
40 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 40 41 -2.44%
13F Shares 16M 16M -1.92%
Total Value $163M $171M -4.52%
New Positions 2 2 -
Increased Positions 8 6 +2
Closed Positions 3 4 -1
Reduced Positions 6 9 -3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NTWO

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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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Institutional Holders (2026 Q1)

40 + investors

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

QUARTER:
Top 25 NTWO holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Wealthspring Capital LLC 1.39% 555,554 $5.8M
2 L1 Global Manager Pty Ltd 0.70% 100,000 $1.1M
3 Westchester Capital Management, LLC 0.43% 898,111 $9.4M
4 MMCAP International Inc. SPC 0.41% 450,000 $4.7M
5 Periscope Capital INC. 0.38% 327,300 $3.4M
6 Radcliffe Capital Management, L.P. 0.33% 414,804 $4.4M
7 Ghisallo Capital Management LLC 0.28% 950,000 $10.0M
8 Rivernorth Capital Management, LLC 0.26% 499,513 $5.2M
9 Governors Lane LP 0.24% 350,000 $3.7M
10 Karpus Management, Inc. 0.19% 573,512 $6.0M
11 AQR Arbitrage LLC 0.18% 1,021,783 $10.7M
12 Magnetar Financial LLC 0.16% 1,450,000 $15.3M
13 Wolverine Asset Management LLC 0.11% 1,076,358 $11.3M
14 Mizuho Securities USA LLC 0.10% 393,726 $4.1M
15 DLD Asset Management, LP 0.10% 100,376 $1.1M
16 Heights Capital Management, Inc 0.08% 26,191 $276K
17 Robinson Capital Management, LLC 0.07% 15,250 $161K
18 Berkley W R Corp 0.06% 100,000 $1.1M
19 Whitebox Advisors LLC 0.05% 375,000 $3.9M
20 Picton Mahoney Asset Management 0.05% 625,000 $6.6M
21 Moore Capital Management, LP 0.04% 200,000 $2.1M
22 TENOR CAPITAL MANAGEMENT Co., L.P. 0.04% 249,418 $2.6M
23 Sona Asset Management (us) LLC 0.04% 167,796 $1.8M
24 LMR Partners LLP 0.03% 1,450,000 $15.2M
25 Hudson Bay Capital Management LP 0.03% 874,149 $9.2M
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 — Newbury Str II Acquisition C (NTWO)

What does the Smart Money Trend signal show for NTWO?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their NTWO 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 NTWO?

Slight buying edge — 53% buying: Last quarter: 10 funds bought or added vs 9 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 NTWO holders?

Smaller funds dominant — 8% AUM from top-100: 5 of 40 holders rank in the top 100 by AUM, but together hold only 8% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held NTWO?

Mostly new holders — 15% entered in last year: Only 2 funds (5%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Newbury Str II Acquisition C (NTWO) following the 2026 Q1 hedge fund 13F filings?

As of today, NTWO has moved +0.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +96.0% for the XLF sector ETF — an outperformance of -95.9%. Since the quarter end (March 31, 2026), NTWO has gained +1.1% vs +126.4% for XLF. 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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