Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Natwest Group plc (NWG)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +1
Streak
11Q ▲
Buyers last Q
52%

Smart Money Signals — NWG

Based on 411 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q
For 11 consecutive quarters, more hedge funds added NWG 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
411 hedge funds hold NWG 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 — +28% more funds vs a year ago

fund count last 6Q
+90 new funds entered over the past year (+28% 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.
🟡

Slight buying edge — 52% buying

212 buying198 selling
Last quarter: 212 funds bought or added vs 198 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 (-19 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 65 → 53 → 78 → 59. 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.
📌

Mixed — 38% long-term, 27% new

■ 38% conviction (2yr+) ■ 36% medium ■ 27% new
Of the 411 current holders: 156 (38%) held >2 years, 146 held 1–2 years, and 109 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 +6%, value -16%

Value
-16%
Shares
+6%
Last quarter: funds added +6% more shares while total portfolio value only changed -16%. 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

59 → 65 → 53 → 78 → 59 new funds/Q
New funds entering each quarter: 65 → 53 → 78 → 59. A growing number of institutions are discovering NWG each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
📊

Mixed cohorts — 39% veterans, 40% new entrants

■ 39% veterans ■ 21% 1-2yr ■ 40% new
Of 414 current holders: 163 (39%) held 2+ years, 85 held 1–2 years, 166 (40%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆

Elite ownership — 78% AUM from top-100 funds

78% from top-100 AUM funds
39 of 407 holders are among the 100 largest funds by AUM, controlling 78% of total institutional value in NWG. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — 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 — NWG

In 2026 Q1, 212 hedge funds were net buyers of NWG (59 opened a new position, 153 added to an existing one), while 198 reduced or exited (140 trimmed, 58 sold completely) — a 52% buyer ratio, indicating a slight buying edge. This marks 11 consecutive quarters of net institutional buying — a persistent conviction signal. 78% of total institutional value in NWG is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +1 funds (more new holders than closures). Total institutional holders: 411.

Hedge Fund Ownership: NWG

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

Market Analysis: NWG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NWG

-- --

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

Is It Too Late to Buy Natwest Group plc (NWG) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NWG has moved relative to its sector benchmark (XLF) 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 · 75d ago
NWG
+11.3%
XLF
+8.0%

NWG outperformed XLF by +3.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
NWG
+10.7%
XLF
+4.4%

Since the filing became public, NWG outperformed XLF by +6.3% .

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.

16 top-rated funds 1 high-conviction
Consensus
5.3
/ 10
breadth
×
Elite
1.2
/ 10
conviction
Hedge Fund Positioning: NWG
407 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 407 410 -0.73%
13F Shares 202M 191M 5.97%
Total Value $2.76B $3.30B -16.47%
New Positions 56 78 -22
Increased Positions 150 185 -35
Closed Positions 59 38 +21
Reduced Positions 140 94 +46
Total Calls 4 2 100.0%
Total Puts 3 1 200.0%
PUT/CALL Ratio 0.75 0.5 Neutral

Statistics: NWG

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

407 + investors

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

QUARTER:
Top 25 NWG holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Abc Arbitrage SA 2.56% 1,291,096 $19.2M
2 Todd Asset Management LLC 1.14% 3,911,197 $58.3M
3 Point Nemo Capital, LLC 0.78% 79,024 $1.2M
4 Qp Wealth Management, LLC 0.58% 22,551 $336K
5 Causeway Capital Management LLC 0.55% 2,988,309 $44.5M
6 Barometer Capital Management INC. 0.45% 87,500 $1.3M
7 Impact Investors, Inc 0.34% 33,146 $494K
8 Gallacher Capital Management LLC 0.29% 51,330 $765K
9 Integrated Quantitative Investments LLC 0.27% 101,135 $1.5M
10 Redhawk Wealth Advisors, Inc. 0.27% 165,717 $2.5M
11 Strategic Global Advisors, LLC 0.26% 110,603 $1.6M
12 Legacy Wealth Asset Management, LLC 0.25% 67,853 $1.0M
13 Campbell & CO Investment Adviser LLC 0.23% 269,545 $4.0M
14 Fisher Asset Management, LLC 0.21% 42,484,360 $633.0M
15 Baron Wealth Management LLC 0.21% 48,058 $716K
16 Qtron Investments LLC 0.19% 95,190 $1.4M
17 Eagle Global Advisors LLC 0.19% 357,539 $5.3M
18 Certior Financial Group, LLC 0.19% 19,570 $292K
19 Covenant Partners, LLC 0.16% 32,160 $563K
20 Arlington Capital Management, Inc. 0.15% 18,003 $268K
21 Sivia Capital Partners, LLC 0.13% 45,620 $680K
22 BTC Capital Management, Inc. 0.13% 127,748 $1.9M
23 First Affirmative Financial Network 0.12% 18,050 $255K
24 Cornerstone Select Advisors, LLC 0.12% 12,858 $192K
25 Evolve Private Wealth, LLC 0.11% 139,577 $2.1M
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 — Natwest Group plc (NWG)

What does the Smart Money Trend signal show for NWG?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added NWG 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 NWG?

Slight buying edge — 52% buying: Last quarter: 212 funds bought or added vs 198 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 NWG holders?

Elite ownership — 78% AUM from top-100 funds: 39 of 407 holders are among the 100 largest funds by AUM, controlling 78% of total institutional value in NWG. 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 NWG?

Mixed — 38% long-term, 27% new: Of the 411 current holders: 156 (38%) held >2 years, 146 held 1–2 years, and 109 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 Natwest Group plc (NWG) following the 2026 Q1 hedge fund 13F filings?

As of today, NWG has moved +10.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.4% for the XLF sector ETF — an outperformance of +6.3%. Since the quarter end (March 31, 2026), NWG has gained +11.3% vs +8.0% for XLF. 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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