Nuvalent Inc (NUVL): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Nuvalent Inc (NUVL) following the 2026 Q1 hedge fund 13F filings?

As of today, NUVL has moved +20.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +6.0% for the XLV sector ETF — an outperformance of +14.5%. Since the quarter end (March 31, 2026), NUVL gained +20.3% vs +4.9% for XLV. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference.

Nuvalent Inc (NUVL)

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

Smart Money Signals — NUVL

Based on 259 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 NUVL 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

259 hedge funds hold NUVL 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 — +26% more funds vs a year ago

fund count last 6Q

+53 new funds entered over the past year (+26% 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 — 62% buying

164 buying99 selling

Last quarter: 164 funds were net buyers (54 opened a brand new position + 110 added to an existing one). Only 99 were sellers (68 trimmed + 31 sold completely). A clear majority buying is a strong confirmation signal.

⚠️

Fewer new buyers each quarter (-7 vs last Q)

new funds entering per quarter

Funds opening this position for the first time: 28 → 25 → 61 → 54. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.

🔒

40% of holders stayed for 2+ years

■ 40% conviction (2yr+) ■ 29% medium ■ 31% new

104 out of 259 hedge funds have held NUVL 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.

🚀

Acceleration phase — new buyers rushing in

27 → 28 → 25 → 61 → 54 new funds/Q

New funds entering each quarter: 28 → 25 → 61 → 54. 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.

🏛️

Deep conviction — 48% of holders stayed 2+ years

■ 48% veterans ■ 18% 1-2yr ■ 34% new

Of 265 current holders: 127 (48%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.

✅

Strong quality — 31% AUM from major funds

31% from top-100 AUM funds

51 of 259 holders rank in the top 100 by AUM, accounting for 31% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

4.2

out of 10

Moderate Exit Risk

Exit risk score 4.2/10 — 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.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	258	236	9.32%
13F Shares	78M	79M	-1.08%
Total Value	$7.62B	$7.73B	-1.38%
New Positions	53	61	-8
Increased Positions	109	97	+12
Closed Positions	31	19	+12
Reduced Positions	66	48	+18
Total Calls	3	3	-
Total Puts	3	1	200.0%
PUT/CALL Ratio	1.0	0.33	Neutral

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

258

236

9.32%

13F Shares

78M

79M

-1.08%

Total Value

$7.62B

$7.73B

-1.38%

New Positions

-8

Increased Positions

109

+12

Closed Positions

+12

Reduced Positions

+18

Total Calls

Total Puts

200.0%

PUT/CALL Ratio

1.0

0.33

Neutral

Institutional Holders (2026 Q1)

258 + investors

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

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 NUVL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Deerfield Management Company, L.P.	20.85%	17,248,450	$1.77B
2	Paradigm Biocapital Advisors LP	11.15%	5,324,433	$545.5M
3	Jones Hill Capital LP	6.61%	300,830	$30.8M
4	Commodore Capital LP	4.94%	833,600	$85.4M
5	Tri Locum Partners LP	4.44%	308,506	$31.6M
6	First Turn Management, LLC	4.24%	370,344	$37.9M
7	Silverarc Capital Management, LLC	3.71%	354,914	$36.4M
8	Perceptive Advisors LLC	3.17%	1,580,505	$161.9M
9	Ra Capital Management, L.P.	2.75%	2,534,145	$259.6M
10	Bellevue Group AG	2.57%	1,053,268	$107.9M
11	Braidwell LP	2.39%	700,429	$71.8M
12	Deep Track Capital, LP	2.30%	1,376,324	$141.0M
13	Defilade Capital Management, L.P.	1.87%	129,950	$13.3M
14	HighVista Strategies LLC	1.60%	56,602	$5.8M
15	Affinity Asset Advisors, LLC	1.59%	300,000	$30.7M
16	Vestal Point Capital, LP	1.38%	481,715	$49.4M
17	Nicholas Investment Partners, LP	1.18%	159,721	$16.4M
18	Rhenman & Partners Asset Management AB	1.03%	81,200	$8.3M
19	Parkman Healthcare Partners LLC	0.93%	88,078	$9.0M
20	Polar Capital Holdings Plc	0.67%	1,831,253	$187.6M
21	ArrowMark Colorado Holdings LLC	0.51%	186,850	$19.1M
22	Hood River Capital Management LLC	0.49%	479,998	$49.2M
23	AlphaCentric Advisors LLC	0.48%	4,657	$477K
24	Frontier Capital Management Co LLC	0.42%	395,546	$40.5M
25	Tema Etfs LLC	0.37%	53,415	$5.5M

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 — Nuvalent Inc (NUVL)

What does the Smart Money Trend signal show for NUVL?

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

More buyers than sellers — 62% buying: Last quarter: 164 funds were net buyers (54 opened a brand new position + 110 added to an existing one). Only 99 were sellers (68 trimmed + 31 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for NUVL holders?

Strong quality — 31% AUM from major funds: 51 of 259 holders rank in the top 100 by AUM, accounting for 31% 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 NUVL?

40% of holders stayed for 2+ years: 104 out of 259 hedge funds have held NUVL 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 Nuvalent Inc (NUVL) following the 2026 Q1 hedge fund 13F filings?

As of today, NUVL has moved +20.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +6.0% for the XLV sector ETF — an outperformance of +14.5%. Since the quarter end (March 31, 2026), NUVL has gained +20.3% vs +4.9% for XLV. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to 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.

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Nuvalent Inc (NUVL)

Smart Money Signals — NUVL

Buying streak — 2 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +26% more funds vs a year ago

More buyers than sellers — 62% buying

Fewer new buyers each quarter (-7 vs last Q)

40% of holders stayed for 2+ years

Acceleration phase — new buyers rushing in

Deep conviction — 48% of holders stayed 2+ years

Strong quality — 31% AUM from major funds

Institutional Sentiment Summary — NUVL

Hedge Fund Ownership: NUVL

Market Analysis: NUVL

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: NUVL

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

Hedge Fund Positioning: NUVL

Statistics: NUVL

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Nuvalent Inc (NUVL)

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