Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Passage Bio Inc (PASG)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -3
Streak
1Q ▼
Buyers last Q
41%

Smart Money Signals — PASG

Based on 28 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 PASG positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🔻

Below peak — only 60% of 3.0Y high

60% of all-time peak
Only 28 funds hold PASG today versus a peak of 47 funds at 2024 Q1 — just 60% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
📉

Outflows — 30% fewer funds vs a year ago

fund count last 6Q
12 fewer hedge funds hold PASG compared to a year ago (-30% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 41% buying

11 buying16 selling
Last quarter: 16 funds reduced or exited vs 11 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 — ~6 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 6 → 6 → 11 → 6. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

46% of holders stayed for 2+ years

■ 46% conviction (2yr+) ■ 29% medium ■ 25% new
13 out of 28 hedge funds have held PASG 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.
💎

Buying through price weakness — shares +141%, value -19%

Value
-19%
Shares
+140%
Last quarter: funds added +141% more shares while total portfolio value only changed -19%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~6 new funds/quarter

5 → 6 → 6 → 11 → 6 new funds/Q
New funds entering each quarter: 6 → 6 → 11 → 6. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 57% veterans vs 25% newcomers

■ 57% veterans ■ 18% 1-2yr ■ 25% new
Entry-cohort mix of 28 holders: 16 (57%) are 2+ year veterans, 5 entered 1–2 years ago, and 7 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 43% AUM from top-100 funds

43% from top-100 AUM funds
9 of 28 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in PASG. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.1
out of 10
Low Exit Risk
Exit risk score 2.1/10 — 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 — PASG

In 2026 Q2, 11 hedge funds were net buyers of PASG (6 opened a new position, 5 added to an existing one), while 16 reduced or exited (7 trimmed, 9 sold completely) — a 41% buyer ratio, indicating roughly balanced activity. 43% of total institutional value in PASG is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -3 funds (more exits than new entries). Total institutional holders: 28.

Hedge Fund Ownership: PASG

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

Market Analysis: PASG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PASG

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

4 top-rated funds 0 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: PASG
28 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 28 31 -9.68%
13F Shares 4M 2M 140.74%
Total Value $11M $14M -19.21%
New Positions 6 11 -5
Increased Positions 5 6 -1
Closed Positions 9 9 -
Reduced Positions 7 4 +3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PASG

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Financial Highlights

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Institutional Holders (2026 Q2)

28 + investors

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

QUARTER:
Top 25 PASG holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Lynx1 Capital Management LP 0.65% 673,759 $3.3M
2 Yiheng Capital Management, L.P. 0.14% 86,097 $420K
3 Verdad Advisers, LP 0.14% 30,728 $150K
4 Ikarian Capital, LLC 0.05% 99,517 $486K
5 Deltec Asset Management LLC 0.01% 15,000 $73K
6 Boothbay Fund Management, LLC 0.00% 28,439 $139K
7 Erste Asset Management GmbH 0.00% 40,665 $197K
8 Gts Securities LLC 0.00% 10,000 $49K
9 Balyasny Asset Management L.P. 0.00% 107,025 $522K
10 Fiduciary Trust Co 0.00% 10,750 $52K
11 Renaissance Technologies LLC 0.00% 47,892 $234K
12 Hrt Financial LP 0.00% 12,712 $62K
13 SBI Securities Co., Ltd. 0.00% 169 —
14 Vanguard Fiduciary Trust Co 0.00% 17,049 $83K
15 Vanguard Capital Management LLC 0.00% 113,964 $556K
16 UBS Group AG 0.00% 13,565 $66K
17 LRI Investments, LLC 0.00% 12 —
18 BlackRock, Inc. 0.00% 27,910 $136K
19 Morgan Stanley 0.00% 2,389 $12K
20 Harbour Investments, INC. 0.00% 3 —
21 Barclays plc 0.00% 212 $1K
22 Wells Fargo & Company/Mn 0.00% 115 —
23 Osaic Holdings, INC. 0.00% 15 —
24 BNP Paribas Financial Markets 0.00% 12 —
25 Jpmorgan Chase & Co 0.00% 15 —
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 — Passage Bio Inc (PASG)

What does the Smart Money Trend signal show for PASG?

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

More sellers than buyers — 41% buying: Last quarter: 16 funds reduced or exited vs 11 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 PASG holders?

Elite ownership — 43% AUM from top-100 funds: 9 of 28 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in PASG. 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 PASG?

46% of holders stayed for 2+ years: 13 out of 28 hedge funds have held PASG 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.

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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