Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Nexgen Energy Ltd (NXE)

272 + 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
↓ -17
Streak
1Q ▼
Buyers last Q
50%

Smart Money Signals — NXE

Based on 275 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their NXE 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
275 funds currently hold this stock — 94% of the 3.0-year high of 292 funds (reached 2026 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +12% more funds vs a year ago

fund count last 6Q
+30 new funds entered over the past year (+12% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 50% buying

141 buying140 selling
Last quarter: 141 funds bought or added vs 140 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 (-14 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 49 → 46 → 53 → 39. 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.
🔒

52% of holders stayed for 2+ years

■ 52% conviction (2yr+) ■ 25% medium ■ 23% new
143 out of 275 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 — ~39 new funds/quarter

44 → 49 → 46 → 53 → 39 new funds/Q
New funds entering each quarter: 49 → 46 → 53 → 39. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 56% veterans vs 26% newcomers

■ 56% veterans ■ 18% 1-2yr ■ 26% new
Entry-cohort mix of 297 holders: 166 (56%) are 2+ year veterans, 54 entered 1–2 years ago, and 77 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 24% AUM from major funds

24% from top-100 AUM funds
46 of 272 holders rank in the top 100 by AUM, accounting for 24% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
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 — NXE

In 2026 Q2, 141 hedge funds were net buyers of NXE (39 opened a new position, 102 added to an existing one), while 140 reduced or exited (84 trimmed, 56 sold completely) — a 50% buyer ratio, indicating a slight buying edge. 24% of total institutional value in NXE is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -17 funds (more exits than new entries). Total institutional holders: 275.

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 Q2 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 June 30, 2026 · 81d ago
NXE
-0.4%
XLE
+21.1%

NXE outperformed XLE by -21.5% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 36d ago
NXE
-10.0%
XLE
+3.9%

Since the filing became public, NXE outperformed XLE by -13.9% .

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.

15 top-rated funds 5 high-conviction
Consensus
5.2
/ 10
breadth
×
Elite
4.7
/ 10
conviction
Hedge Fund Positioning: NXE
272 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 272 292 -6.85%
13F Shares 338M 336M 0.44%
Total Value $3.10B $3.40B -8.85%
New Positions 39 53 -14
Increased Positions 97 89 +8
Closed Positions 56 25 +31
Reduced Positions 80 101 -21
Total Calls 13 15 -13.33%
Total Puts 12 11 9.09%
PUT/CALL Ratio 0.92 0.73 Neutral

Statistics: NXE

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Financial Highlights

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Institutional Holders (2026 Q2)

272 + 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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 L1 Capital Pty Ltd 11.05% 34,992,263 $328.7M
2 Deltroit Asset Management (UK) LLP 3.01% 2,231,035 $20.9M
3 Azarias Capital Management, L.P. 2.79% 682,943 $6.4M
4 Kingdon Capital Management, L.L.C. 2.40% 2,500,000 $23.5M
5 Nokomis Capital, L.L.C. 2.21% 700,757 $6.6M
6 MMCAP International Inc. SPC 2.14% 2,694,352 $25.3M
7 Old West Investment Management, LLC 2.02% 2,035,633 $19.1M
8 ION Fund Management Ltd 1.95% 3,280,491 $30.8M
9 Dudley & Shanley, INC. 1.74% 1,225,500 $11.5M
10 Accordant Advisory Group Inc 1.58% 248,803 $2.3M
11 Hancock Prospecting Pty Ltd 1.49% 9,078,245 $85.1M
12 Alps Advisors Inc 1.09% 24,670,482 $231.7M
13 Goehring & Rozencwajg Associates, LLC 1.06% 1,964,702 $18.4M
14 Extract Advisors LLC 1.04% 397,612 $3.7M
15 De Lisle Partners LLP 0.99% 962,702 $9.0M
16 Raffles Associates LP 0.85% 100,000 $939K
17 Orion Resource Partners LP 0.80% 187,926 $1.8M
18 PCJ Investment Counsel Ltd. 0.77% 283,860 $2.7M
19 Acasta Partners UK LLP 0.65% 131,787 $1.2M
20 Persistent Asset Partners Ltd 0.63% 226,741 $2.1M
21 GeoSphere Capital Management, LLC 0.63% 204,656 $1.9M
22 Titan Global Capital Management USA LLC 0.54% 449,013 $4.2M
23 Drummond Knight Asset Management Pty Ltd 0.53% 307,100 $2.9M
24 Fielder Capital Group LLC 0.52% 256,898 $2.4M
25 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.49% 43,437,723 $407.8M
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?

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

Slight buying edge — 50% buying: Last quarter: 141 funds bought or added vs 140 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 — 24% AUM from major funds: 46 of 272 holders rank in the top 100 by AUM, accounting for 24% 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?

52% of holders stayed for 2+ years: 143 out of 275 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 Q2 hedge fund 13F filings?

As of today, NXE has moved -10.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to +3.9% for the XLE sector ETF — an outperformance of -13.9%. Since the quarter end (June 30, 2026), NXE has gained -0.4% vs +21.1% 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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