Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Graniteshares ETF Tr (NVDL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -11
Streak
2Q ▼
Buyers last Q
39%

Smart Money Signals — NVDL

Based on 79 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 NVDL 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 — 84% of 3.0Y peak

84% of all-time peak
79 funds currently hold this stock — 84% of the 3.0-year high of 94 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +13% more funds vs a year ago

fund count last 6Q
+9 new funds entered over the past year (+13% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🔴

Heavy selling pressure — only 39% buying

36 buying56 selling
Last quarter: 56 funds sold vs only 36 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
⚠️

Fewer new buyers each quarter (-6 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 34 → 30 → 22 → 16. 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.
🔄

Mostly new holders — 28% entered in last year

■ 18% conviction (2yr+) ■ 54% medium ■ 28% new
Only 14 funds (18%) 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.
📊

Peak discovery — momentum slowing

22 → 34 → 30 → 22 → 16 new funds/Q
New funds entering each quarter: 34 → 30 → 22 → 16. NVDL is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
📊

Mixed cohorts — 24% veterans, 39% new entrants

■ 24% veterans ■ 37% 1-2yr ■ 39% new
Of 92 current holders: 22 (24%) held 2+ years, 34 held 1–2 years, 36 (39%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆

Elite ownership — 89% AUM from top-100 funds

89% from top-100 AUM funds
10 of 79 holders are among the 100 largest funds by AUM, controlling 89% of total institutional value in NVDL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — 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 — NVDL

In 2026 Q1, 36 hedge funds were net buyers of NVDL (16 opened a new position, 20 added to an existing one), while 56 reduced or exited (29 trimmed, 27 sold completely) — a 39% buyer ratio, indicating net institutional distribution. Net selling has persisted for two consecutive quarters. 89% of total institutional value in NVDL is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -11 funds (more exits than new entries). Total institutional holders: 79.

Hedge Fund Ownership: NVDL

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

Market Analysis: NVDL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NVDL

-- --

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

Is It Too Late to Buy Graniteshares ETF Tr (NVDL) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NVDL 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 · 76d ago
NVDL
+40.0%
SPY
+15.9%

NVDL outperformed SPY by +24.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 31d ago
NVDL
-13.5%
SPY
+2.0%

Since the filing became public, NVDL outperformed SPY by -15.5% .

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.

6 top-rated funds 0 high-conviction
Consensus
3.7
/ 10
breadth
×
Elite
0.6
/ 10
conviction
Hedge Fund Positioning: NVDL
78 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 78 90 -13.33%
13F Shares 12M 15M -18.13%
Total Value $868M $1.29B -32.44%
New Positions 16 22 -6
Increased Positions 14 26 -12
Closed Positions 28 26 +2
Reduced Positions 27 27 -
Total Calls 9 7 28.57%
Total Puts 9 7 28.57%
PUT/CALL Ratio 1.0 1.0 Neutral

Statistics: NVDL

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

78 + investors

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

QUARTER:
Top 25 NVDL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Summit Securities Group LLC 1.12% 125,000 $9.1M
2 Woodward Diversified Capital, LLC 0.74% 17,000 $1.6M
3 Sollinda Capital Management LLC 0.55% 30,999 $2.2M
4 ZEGA Investments, LLC 0.52% 63,467 $4.6M
5 ZEGA Investments, LLC 0.51% 62,700 $4.6M
6 SageOak Financial, LLC 0.51% 10,000 $726K
7 Torno Capital, LLC 0.48% 48,000 $3.5M
8 Hoey Investments, Inc 0.46% 44,234 $3.2M
9 TRUE Private Wealth Advisors 0.46% 65,827 $4.8M
10 Vann Equity Management LLC 0.21% 4,002 $290K
11 Claro Advisors Inc. 0.17% 19,200 $1.4M
12 Diversify Advisory Services, LLC 0.10% 6,546 $674K
13 HUB Investment Partners, LLC 0.10% 56,021 $4.1M
14 Dudley Capital Management, LLC 0.10% 3,000 $218K
15 Sovereign Financial Group, Inc. 0.09% 7,420 $538K
16 Cherry Tree Wealth Management, LLC 0.07% 4,758 $345K
17 Tactive Advisors, LLC 0.07% 3,403 $247K
18 Trinity Financial Advisors LLC 0.06% 3,013 $219K
19 Strategic Blueprint, LLC 0.04% 9,900 $718K
20 180 Wealth Advisors, LLC 0.04% 4,993 $362K
21 Diversify Wealth Management, LLC 0.04% 21,672 $2.2M
22 SeaCrest Wealth Management, LLC 0.03% 4,161 $302K
23 SBI Securities Co., Ltd. 0.03% 15,337 $1.1M
24 Sigma Planning Corp 0.03% 14,945 $1.1M
25 Susquehanna International Group, LLP 0.03% 3,187,200 $231.3M
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 — Graniteshares ETF Tr (NVDL)

What does the Smart Money Trend signal show for NVDL?

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

Heavy selling pressure — only 39% buying: Last quarter: 56 funds sold vs only 36 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 NVDL holders?

Elite ownership — 89% AUM from top-100 funds: 10 of 79 holders are among the 100 largest funds by AUM, controlling 89% of total institutional value in NVDL. 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 NVDL?

Mostly new holders — 28% entered in last year: Only 14 funds (18%) 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 Graniteshares ETF Tr (NVDL) following the 2026 Q1 hedge fund 13F filings?

As of today, NVDL has moved -13.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of -15.5%. Since the quarter end (March 31, 2026), NVDL has gained +40.0% vs +15.9% 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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