Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Enviri Corp (NVRI)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -13
Streak
1Q ▼
Buyers last Q
53%

Smart Money Signals — NVRI

Based on 221 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their NVRI 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 — 94% of 3.0Y peak

94% of all-time peak
221 funds currently hold this stock — 94% of the 3.0-year high of 234 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +15% more funds vs a year ago

fund count last 6Q
+28 new funds entered over the past year (+15% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 53% buying

120 buying105 selling
Last quarter: 120 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 (-23 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 24 → 30 → 57 → 34. 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.
🔒

56% of holders stayed for 2+ years

■ 56% conviction (2yr+) ■ 21% medium ■ 23% new
124 out of 221 hedge funds have held NVRI 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 +2157% but shares only +4% — price-driven

Value
+2157%
Shares
+3%
Last quarter: the total dollar value of institutional holdings rose +2157%, but actual share count only changed +4%. 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.
🚀

Acceleration phase — new buyers rushing in

30 → 24 → 30 → 57 → 34 new funds/Q
New funds entering each quarter: 24 → 30 → 57 → 34. 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.
🏛️

Veteran-anchored — 66% veterans vs 25% newcomers

■ 66% veterans ■ 9% 1-2yr ■ 25% new
Entry-cohort mix of 225 holders: 148 (66%) are 2+ year veterans, 21 entered 1–2 years ago, and 56 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 97% AUM from top-100 funds

97% from top-100 AUM funds
43 of 217 holders are among the 100 largest funds by AUM, controlling 97% of total institutional value in NVRI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — 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 — NVRI

In 2026 Q1, 120 hedge funds were net buyers of NVRI (34 opened a new position, 86 added to an existing one), while 105 reduced or exited (58 trimmed, 47 sold completely) — a 53% buyer ratio, indicating a slight buying edge. 97% of total institutional value in NVRI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -13 funds (more exits than new entries). Total institutional holders: 221.

Hedge Fund Ownership: NVRI

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

Market Analysis: NVRI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NVRI

-- --

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

Is It Too Late to Buy Enviri Corp (NVRI) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NVRI has moved relative to its sector benchmark (XLI) 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 · 77d ago
NVRI
nan%
XLI
+10.5%

NVRI outperformed XLI by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 32d ago
NVRI
nan%
XLI
+4.2%

Since the filing became public, NVRI outperformed XLI by nan% .

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.

23 top-rated funds 3 high-conviction
Consensus
6.0
/ 10
breadth
×
Elite
2.7
/ 10
conviction
Hedge Fund Positioning: NVRI
221 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 221 234 -5.56%
13F Shares 92M 89M 3.6%
Total Value $36.04B $1.60B 2157.09%
New Positions 34 57 -23
Increased Positions 81 67 +14
Closed Positions 47 25 +22
Reduced Positions 58 70 -12
Total Calls 5 9 -44.44%
Total Puts 3 5 -40.0%
PUT/CALL Ratio 0.6 0.56 Bullish

Statistics: NVRI

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

221 + investors

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

QUARTER:
Top 25 NVRI holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Mill Road Capital Management LLC 21.50% 2,090,743 $41.0M
2 Heights Point Management, LP 14.86% 816,900 $16.0M
3 Mason Capital Management LLC 14.39% 4,494,536 $88.2M
4 Newtyn Management, LLC 11.54% 5,502,200 $108.0M
5 Meros Investment Management, LP 5.32% 625,852 $12.3M
6 Beartown Capital Management, LLC 3.97% 422,441 $8.3M
7 Fund 1 Investments, LLC 3.38% 1,503,900 $29.5M
8 Solas Capital Management, LLC 2.27% 201,205 $3.9M
9 Tpg GP A, LLC 1.93% 3,613,688 $70.9M
10 Paradigm Capital Management Inc/Ny 1.68% 2,232,298 $43.8M
11 Union Square Park Capital Management, LLC 1.55% 180,000 $3.2M
12 AYAL Capital Advisors Ltd 1.44% 270,000 $5.3M
13 Monimus Capital Management, LP 1.43% 263,133 $5.2M
14 Davidson Kempner Capital Management LP 1.25% 4,668,300 $91.6M
15 Highbridge Capital Management LLC 1.11% 1,818,554 $34.3M
16 CIBRA Capital Ltd 1.04% 109,394 $2.1M
17 Scoggin Management LP 0.95% 500,000 $9.8M
18 Leeward Investments, LLC - MA 0.71% 738,532 $14.5M
19 Rangeley Capital, LLC 0.53% 28,000 $549K
20 Credit Industriel Et Commercial 0.28% 180,000 $3.5M
21 Cruiser Capital Advisors, LLC 0.25% 32,257 $633K
22 Alpine Global Management, LLC 0.22% 75,000 $1.5M
23 Edgestream Partners, L.P. 0.19% 302,497 $5.9M
24 Hudson Bay Capital Management LP 0.17% 2,500,300 $49.1M
25 Diametric Capital, LP 0.16% 32,024 $628K
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 — Enviri Corp (NVRI)

What does the Smart Money Trend signal show for NVRI?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their NVRI 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 NVRI?

Slight buying edge — 53% buying: Last quarter: 120 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 NVRI holders?

Elite ownership — 97% AUM from top-100 funds: 43 of 217 holders are among the 100 largest funds by AUM, controlling 97% of total institutional value in NVRI. 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 NVRI?

56% of holders stayed for 2+ years: 124 out of 221 hedge funds have held NVRI 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 Enviri Corp (NVRI) following the 2026 Q1 hedge fund 13F filings?

As of today, NVRI has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.2% for the XLI sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), NVRI has gained nan% vs +10.5% for XLI. 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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