Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Nexgen Energy Ltd (NXE)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +27
Streak
1Q ▲
Buyers last Q
54%

Smart Money Signals — NXE

Based on 291 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added NXE 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
291 hedge funds hold NXE 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 — +24% more funds vs a year ago

fund count last 6Q
+56 new funds entered over the past year (+24% 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 — 54% buying

153 buying128 selling
Last quarter: 153 funds bought or added vs 128 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.
📈

More new buyers each quarter (+6 vs last Q)

new funds entering per quarter
Funds opening a new NXE position: 44 → 49 → 46 → 52. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

47% of holders stayed for 2+ years

■ 47% conviction (2yr+) ■ 26% medium ■ 26% new
138 out of 291 hedge funds have held NXE 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.
➡️

Steady discovery — ~52 new funds/quarter

39 → 44 → 49 → 46 → 52 new funds/Q
New funds entering each quarter: 44 → 49 → 46 → 52. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 52% veterans vs 29% newcomers

■ 52% veterans ■ 19% 1-2yr ■ 29% new
Entry-cohort mix of 308 holders: 159 (52%) are 2+ year veterans, 59 entered 1–2 years ago, and 90 (29%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 22% AUM from major funds

22% from top-100 AUM funds
43 of 282 holders rank in the top 100 by AUM, accounting for 22% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — 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 — NXE

In 2026 Q1, 153 hedge funds were net buyers of NXE (52 opened a new position, 101 added to an existing one), while 128 reduced or exited (103 trimmed, 25 sold completely) — a 54% buyer ratio, indicating a slight buying edge. 22% of total institutional value in NXE is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +27 funds (more new holders than closures). Total institutional holders: 291.

Hedge Fund Ownership: NXE

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

Market Analysis: NXE

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NXE

-- --

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

Is It Too Late to Buy Nexgen Energy Ltd (NXE) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NXE has moved relative to its sector benchmark (XLE) 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
NXE
-15.1%
XLE
-6.1%

NXE outperformed XLE by -9.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
NXE
-12.4%
XLE
-3.2%

Since the filing became public, NXE outperformed XLE by -9.2% .

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 ?
Growing Institutional Interest

Quality funds are building positions — conviction is rising but not yet widespread.

22 top-rated funds 14 high-conviction
Consensus
5.9
/ 10
breadth
×
Elite
7.4
/ 10
conviction
Hedge Fund Positioning: NXE
291 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 291 264 10.23%
13F Shares 336M 351M -4.3%
Total Value $3.40B $3.23B 5.35%
New Positions 52 46 +6
Increased Positions 89 100 -11
Closed Positions 25 46 -21
Reduced Positions 101 73 +28
Total Calls 15 18 -16.67%
Total Puts 11 14 -21.43%
PUT/CALL Ratio 0.73 0.78 Neutral

Statistics: NXE

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Institutional Holders (2026 Q1)

291 + investors

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

QUARTER:
Top 25 NXE holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 L1 Capital Pty Ltd 16.04% 35,220,809 $408.3M
2 Segra Capital Management, LLC 9.36% 2,000,000 $23.2M
3 Global IMC LLC 6.49% 264,424 $3.1M
4 Lloyd Harbor Capital Management, LLC 5.87% 1,237,817 $14.4M
5 Anthracite Investment Company, Inc. 4.60% 1,314,887 $9.1M
6 Nokomis Capital, L.L.C. 4.31% 1,296,448 $15.0M
7 ION Fund Management Ltd 4.30% 2,618,200 $30.4M
8 Deltroit Asset Management (UK) LLP 4.16% 2,231,035 $25.9M
9 Azarias Capital Management, L.P. 3.55% 682,943 $7.9M
10 Kingdon Capital Management, L.L.C. 3.18% 2,500,000 $29.0M
11 Hancock Prospecting Pty Ltd 3.17% 9,078,245 $105.5M
12 Connective Portfolio Management, LLC 2.91% 93,000 $1.1M
13 Old West Investment Management, LLC 2.44% 1,941,596 $22.5M
14 MMCAP International Inc. SPC 2.43% 2,429,898 $28.2M
15 Dudley & Shanley, INC. 2.32% 1,224,500 $14.2M
16 Drummond Knight Asset Management Pty Ltd 1.84% 447,407 $5.2M
17 Extract Advisors LLC 1.83% 452,138 $5.2M
18 Appian Way Asset Management LP 1.69% 1,055,403 $9.4M
19 ARP Global Capital Ltd 1.57% 230,000 $2.7M
20 Alps Advisors Inc 1.34% 24,495,378 $284.1M
21 De Lisle Partners LLP 1.34% 962,702 $11.2M
22 PCJ Investment Counsel Ltd. 1.17% 354,400 $4.1M
23 Goehring & Rozencwajg Associates, LLC 1.13% 1,810,943 $21.0M
24 Accordant Advisory Group Inc 1.04% 144,962 $1.7M
25 GeoSphere Capital Management, LLC 1.04% 204,656 $2.4M
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 — Nexgen Energy Ltd (NXE)

What does the Smart Money Trend signal show for NXE?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added NXE 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 NXE?

Slight buying edge — 54% buying: Last quarter: 153 funds bought or added vs 128 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 NXE holders?

Strong quality — 22% AUM from major funds: 43 of 282 holders rank in the top 100 by AUM, accounting for 22% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held NXE?

47% of holders stayed for 2+ years: 138 out of 291 hedge funds have held NXE 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 Nexgen Energy Ltd (NXE) following the 2026 Q1 hedge fund 13F filings?

As of today, NXE has moved -12.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to -3.2% for the XLE sector ETF — an outperformance of -9.2%. Since the quarter end (March 31, 2026), NXE has gained -15.1% vs -6.1% for XLE. 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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