Pepgen Inc (PEPG): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Pepgen Inc (PEPG) following the 2026 Q1 hedge fund 13F filings?

As of today, PEPG has moved +15.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.2% for the XLV sector ETF — an outperformance of +12.3%. Since the quarter end (March 31, 2026), PEPG gained +1.1% vs +2.1% for XLV. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference.

Pepgen Inc (PEPG)

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

Smart Money Signals — PEPG

Based on 92 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q

For 3 consecutive quarters, more hedge funds added PEPG 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

92 hedge funds hold PEPG 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 — +33% more funds vs a year ago

fund count last 6Q

+23 new funds entered over the past year (+33% 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

57 buying49 selling

Last quarter: 57 funds bought or added vs 49 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.

➡️

Steady new buyers — ~27 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 6 → 33 → 28 → 27. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

📌

Mixed — 29% long-term, 49% new

■ 29% conviction (2yr+) ■ 22% medium ■ 49% new

Of the 92 current holders: 27 (29%) held >2 years, 20 held 1–2 years, and 45 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 -2%, value -73%

Value

-73%

-2%

Last quarter: funds added -2% more shares while total portfolio value only changed -73%. 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

24 → 6 → 33 → 28 → 27 new funds/Q

New funds entering each quarter: 6 → 33 → 28 → 27. A growing number of institutions are discovering PEPG each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

📊

Mixed cohorts — 36% veterans, 52% new entrants

■ 36% veterans ■ 12% 1-2yr ■ 52% new

Of 100 current holders: 36 (36%) held 2+ years, 12 held 1–2 years, 52 (52%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.

📋

Smaller funds dominant — 10% AUM from top-100

10% from top-100 AUM funds

22 of 91 holders rank in the top 100 by AUM, but together hold only 10% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

5.0

out of 10

Moderate Exit Risk

Exit risk score 5.0/10 — 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.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	92	86	6.98%
13F Shares	57M	58M	-2.41%
Total Value	$100M	$378M	-73.5%
New Positions	27	28	-1
Increased Positions	28	29	-1
Closed Positions	21	15	+6
Reduced Positions	24	15	+9
Total Calls	6	4	50.0%
Total Puts	3	1	200.0%
PUT/CALL Ratio	0.5	0.25	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

6.98%

13F Shares

57M

58M

-2.41%

Total Value

$100M

$378M

-73.5%

New Positions

-1

Increased Positions

-1

Closed Positions

Reduced Positions

Total Calls

50.0%

Total Puts

200.0%

PUT/CALL Ratio

0.5

0.25

Bullish

Institutional Holders (2026 Q1)

92 + investors

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

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 PEPG holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Kalehua Capital Management LLC	1.09%	729,961	$1.3M
2	Commodore Capital LP	0.46%	4,475,000	$7.9M
3	Ra Capital Management, L.P.	0.38%	20,064,545	$35.5M
4	AWM Investment Company, Inc.	0.36%	1,830,925	$3.2M
5	Vivo Capital, LLC	0.34%	2,325,000	$4.1M
6	Monimus Capital Management, LP	0.29%	598,663	$1.1M
7	Laurion Capital Management LP	0.21%	2,750,855	$4.9M
8	Creek Drive Management Group LLC	0.18%	450,000	$796K
9	ADAR1 Capital Management, LLC	0.17%	1,607,638	$2.8M
10	Luminus Management LLC	0.16%	150,000	$266K
11	Rangeley Capital, LLC	0.12%	68,096	$121K
12	Verdad Advisers, LP	0.11%	54,380	$96K
13	Artia Global Partners LP	0.07%	205,324	$363K
14	Ikarian Capital, LLC	0.06%	447,165	$791K
15	Boxer Capital Management, LLC	0.06%	272,892	$483K
16	Scientech Research LLC	0.06%	42,073	$74K
17	Diadema Partners LP	0.05%	150,925	$267K
18	Nantahala Capital Management, LLC	0.04%	681,158	$1.2M
19	Ikarian Capital, LLC	0.04%	300,000	$531K
20	Seven Fleet Capital Management LP	0.03%	59,500	$105K
21	Persistent Asset Partners Ltd	0.03%	38,152	$68K
22	Viking Global Investors LP	0.02%	3,482,434	$6.2M
23	Readystate Asset Management LP	0.01%	115,116	$204K
24	RBF Capital, LLC	0.01%	95,042	$168K
25	Woodline Partners LP	0.01%	1,311,021	$2.3M

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 — Pepgen Inc (PEPG)

What does the Smart Money Trend signal show for PEPG?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added PEPG 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 PEPG?

Slight buying edge — 54% buying: Last quarter: 57 funds bought or added vs 49 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 PEPG holders?

Smaller funds dominant — 10% AUM from top-100: 22 of 91 holders rank in the top 100 by AUM, but together hold only 10% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held PEPG?

Mixed — 29% long-term, 49% new: Of the 92 current holders: 27 (29%) held >2 years, 20 held 1–2 years, and 45 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 Pepgen Inc (PEPG) following the 2026 Q1 hedge fund 13F filings?

As of today, PEPG has moved +15.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.2% for the XLV sector ETF — an outperformance of +12.3%. Since the quarter end (March 31, 2026), PEPG has gained +1.1% vs +2.1% for XLV. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to 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.

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Pepgen Inc (PEPG)

Smart Money Signals — PEPG

Buying streak — 3 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +33% more funds vs a year ago

Slight buying edge — 54% buying

Steady new buyers — ~27 new funds per quarter

Mixed — 29% long-term, 49% new

Buying through price weakness — shares -2%, value -73%

Growing discovery — still being found

Mixed cohorts — 36% veterans, 52% new entrants

Smaller funds dominant — 10% AUM from top-100

Institutional Sentiment Summary — PEPG

Hedge Fund Ownership: PEPG

Market Analysis: PEPG

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: PEPG

Is It Too Late to Buy Pepgen Inc (PEPG) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: PEPG

Statistics: PEPG

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Pepgen Inc (PEPG)

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