Novocure Ltd (NVCR) Hedge Fund Ownership (Q2 2026)

Novocure Ltd (NVCR)

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

Smart Money Signals — NVCR

Based on 212 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 4 quarters in a row

last 6Q

For 4 consecutive quarters, more hedge funds reduced or closed their NVCR 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 — 87% of 3.0Y peak

87% of all-time peak

212 funds currently hold this stock — 87% of the 3.0-year high of 245 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.

📉

Outflows — 13% fewer funds vs a year ago

fund count last 6Q

33 fewer hedge funds hold NVCR compared to a year ago (-13% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.

🟡

Slight buying edge — 54% buying

124 buying105 selling

Last quarter: 124 funds bought or added vs 105 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.

⚠️

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

new funds entering per quarter

Funds opening this position for the first time: 45 → 45 → 39 → 32. 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.

🔒

70% of holders stayed for 2+ years

■ 70% conviction (2yr+) ■ 16% medium ■ 14% new

148 out of 212 hedge funds have held NVCR 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 +61% but shares only +6% — price-driven

Value

+60%

+6%

Last quarter: the total dollar value of institutional holdings rose +61%, but actual share count only changed +6%. 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.

📊

Peak discovery — momentum slowing

47 → 45 → 45 → 39 → 32 new funds/Q

New funds entering each quarter: 45 → 45 → 39 → 32. NVCR 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 — 75% veterans vs 14% newcomers

■ 75% veterans ■ 10% 1-2yr ■ 14% new

Entry-cohort mix of 222 holders: 167 (75%) are 2+ year veterans, 23 entered 1–2 years ago, and 32 (14%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 60% AUM from top-100 funds

60% from top-100 AUM funds

47 of 212 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in NVCR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

2.7

out of 10

Low Exit Risk

Exit risk score 2.7/10 — 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.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	210	222	-5.41%
13F Shares	104M	100M	4.2%
Total Value	$1.56B	$1.04B	49.5%
New Positions	32	39	-7
Increased Positions	89	74	+15
Closed Positions	44	53	-9
Reduced Positions	60	76	-16
Total Calls	6	5	20.0%
Total Puts	4	3	33.33%
PUT/CALL Ratio	0.67	0.6	Bullish

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

210

222

-5.41%

13F Shares

104M

100M

4.2%

Total Value

$1.56B

$1.04B

49.5%

New Positions

-7

Increased Positions

+15

Closed Positions

-9

Reduced Positions

-16

Total Calls

20.0%

Total Puts

33.33%

PUT/CALL Ratio

0.67

0.6

Bullish

Institutional Holders (2026 Q2)

210 + investors

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

QUARTER:

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

Top 25 NVCR holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Soleus Capital Management, L.P.	5.18%	9,913,401	$150.2M
2	Palo Alto Investors LP	2.68%	1,280,439	$19.4M
3	Essex Investment Management Co LLC	0.87%	439,648	$6.7M
4	Fox Run Management, L.L.C.	0.18%	70,780	$1.1M
5	Algert Global LLC	0.15%	856,322	$13.0M
6	Transcend Capital Advisors, LLC	0.12%	117,221	$1.8M
7	Legato Capital Management LLC	0.11%	84,810	$1.3M
8	Counterpoint Mutual Funds LLC	0.10%	66,849	$1.0M
9	Rhenman & Partners Asset Management AB	0.10%	70,000	$1.1M
10	Numerai GP LLC	0.10%	76,901	$1.2M
11	Silvercrest Asset Management Group LLC	0.09%	928,740	$14.1M
12	Empowered Funds, LLC	0.09%	1,154,431	$17.5M
13	Dark Forest Capital Management LP	0.08%	79,908	$1.2M
14	Susquehanna Portfolio Strategies, LLC	0.07%	288,772	$4.4M
15	Jacobs Levy Equity Management, Inc	0.06%	1,164,072	$17.6M
16	Burney Co/	0.05%	125,153	$1.9M
17	Hillsdale Investment Management Inc.	0.05%	141,900	$2.1M
18	Renaissance Technologies LLC	0.04%	1,951,911	$29.6M
19	Quantinno Capital Management LP	0.04%	2,223,455	$33.7M
20	Kera Capital Partners, Inc.	0.03%	20,504	$311K
21	Healthcare of Ontario Pension Plan Trust Fund	0.03%	1,385,600	$21.0M
22	Meeder Asset Management Inc	0.03%	33,073	$501K
23	Panagora Asset Management Inc	0.03%	540,687	$8.2M
24	Hennion & Walsh Asset Management, Inc.	0.02%	54,414	$824K
25	Aquatic Capital Management LLC	0.02%	39,262	$595K

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 — Novocure Ltd (NVCR)

What does the Smart Money Trend signal show for NVCR?

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

Slight buying edge — 54% buying: Last quarter: 124 funds bought or added vs 105 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 NVCR holders?

Elite ownership — 60% AUM from top-100 funds: 47 of 212 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in NVCR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held NVCR?

70% of holders stayed for 2+ years: 148 out of 212 hedge funds have held NVCR 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.

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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Novocure Ltd (NVCR)

Smart Money Signals — NVCR

Selling streak — 4 quarters in a row

High ownership — 87% of 3.0Y peak

Outflows — 13% fewer funds vs a year ago

Slight buying edge — 54% buying

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

70% of holders stayed for 2+ years

Value +61% but shares only +6% — price-driven

Peak discovery — momentum slowing

Veteran-anchored — 75% veterans vs 14% newcomers

Elite ownership — 60% AUM from top-100 funds

Institutional Sentiment Summary — NVCR

Hedge Fund Ownership: NVCR

Market Analysis: NVCR

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: NVCR

Hedge Fund Positioning: NVCR

Statistics: NVCR

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Novocure Ltd (NVCR)

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