Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Novonix Limited (NVX)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
1Q ▼
Buyers last Q
48%

Smart Money Signals — NVX

Based on 32 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 NVX positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (97% of max)

97% of all-time peak
32 hedge funds hold NVX 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 — +129% more funds vs a year ago

fund count last 6Q
+18 new funds entered over the past year (+129% 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 sellers than buyers — 48% buying

19 buying21 selling
Last quarter: 21 funds reduced or exited vs 19 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~11 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 8 → 8 → 15 → 11. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌

Mixed — 25% long-term, 50% new

■ 25% conviction (2yr+) ■ 25% medium ■ 50% new
Of the 32 current holders: 8 (25%) held >2 years, 8 held 1–2 years, and 16 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💎

Buying through price weakness — shares -0%, value -33%

Value
-32%
Shares
0%
Last quarter: funds added -0% more shares while total portfolio value only changed -33%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

3 → 8 → 8 → 15 → 11 new funds/Q
New funds entering each quarter: 8 → 8 → 15 → 11. A growing number of institutions are discovering NVX each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
📊

Mixed cohorts — 28% veterans, 44% new entrants

■ 28% veterans ■ 28% 1-2yr ■ 44% new
Of 36 current holders: 10 (28%) held 2+ years, 10 held 1–2 years, 16 (44%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆

Elite ownership — 51% AUM from top-100 funds

51% from top-100 AUM funds
13 of 32 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in NVX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
5.4
out of 10
Moderate Exit Risk
Exit risk score 5.4/10 — 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.

Institutional Sentiment Summary — NVX

In 2026 Q1, 19 hedge funds were net buyers of NVX (11 opened a new position, 8 added to an existing one), while 21 reduced or exited (9 trimmed, 12 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. 51% of total institutional value in NVX is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 32.

Hedge Fund Ownership: NVX

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

Market Analysis: NVX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NVX

-- --

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

Is It Too Late to Buy Novonix Limited (NVX) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NVX 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 · 84d ago
NVX
-29.6%
XLI
+12.4%

NVX outperformed XLI by -42.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 39d ago
NVX
-24.1%
XLI
+6.1%

Since the filing became public, NVX outperformed XLI by -30.2% .

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.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
0.0
/ 10
conviction
Hedge Fund Positioning: NVX
32 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 32 33 -3.03%
13F Shares 6M 6M -0.14%
Total Value $4M $6M -32.84%
New Positions 11 15 -4
Increased Positions 7 7 -
Closed Positions 12 8 +4
Reduced Positions 8 5 +3
Total Calls 2 3 -33.33%
Total Puts 2 2 -
PUT/CALL Ratio 1.0 0.67 Neutral

Statistics: NVX

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Beta (5Y Monthly) --
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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

32 + investors

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

QUARTER:
Top 25 NVX holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Forest Avenue Capital Management LP 0.05% 1,199,398 $828K
2 SmartHarvest Portfolios, LLC 0.04% 144,801 $100K
3 XTX Topco Ltd 0.00% 367,865 $254K
4 Equita Financial Network, Inc. 0.00% 10,000 $7K
5 Southeast Asset Advisors, LLC 0.00% 27,500 $19K
6 Two Sigma Securities, LLC 0.00% 10,660 $7K
7 Independent Advisor Alliance 0.00% 110,888 $77K
8 GAMMA Investing LLC 0.00% 14,841 $10K
9 HBK Sorce Advisory LLC 0.00% 24,015 $17K
10 Wealth Preservation Advisors, LLC 0.00% 509 —
11 UBS Group AG 0.00% 1,552,904 $1.1M
12 Marshall Wace, LLP 0.00% 207,318 $143K
13 Hrt Financial LP 0.00% 54,446 $37K
14 Qrg Capital Management, INC. 0.00% 10,308 $7K
15 Susquehanna International Group, LLP 0.00% 485,800 $335K
16 Citadel Advisors LLC 0.00% 266,401 $184K
17 Mariner, LLC 0.00% 32,908 $23K
18 Jane Street Group, LLC 0.00% 204,522 $152K
19 Millennium Management LLC 0.00% 67,486 $47K
20 Citadel Advisors LLC 0.00% 173,000 $119K
21 Citadel Advisors LLC 0.00% 133,900 $92K
22 Susquehanna International Group, LLP 0.00% 140,690 $97K
23 Bank of America Corp /de/ 0.00% 76,611 $53K
24 Morgan Stanley 0.00% 72,038 $50K
25 Raymond James Financial Inc 0.00% 11,100 $8K
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 — Novonix Limited (NVX)

What does the Smart Money Trend signal show for NVX?

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

More sellers than buyers — 48% buying: Last quarter: 21 funds reduced or exited vs 19 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for NVX holders?

Elite ownership — 51% AUM from top-100 funds: 13 of 32 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in NVX. 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 NVX?

Mixed — 25% long-term, 50% new: Of the 32 current holders: 8 (25%) held >2 years, 8 held 1–2 years, and 16 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Is it too late to buy Novonix Limited (NVX) following the 2026 Q1 hedge fund 13F filings?

As of today, NVX has moved -24.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +6.1% for the XLI sector ETF — an outperformance of -30.2%. Since the quarter end (March 31, 2026), NVX has gained -29.6% vs +12.4% 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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