Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Perion Network Ltd (PERI)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -4
Streak
3Q ▼
Buyers last Q
46%

Smart Money Signals — PERI

Based on 93 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds reduced or closed their PERI 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 53% of 3.0Y high

53% of all-time peak
Only 93 funds hold PERI today versus a peak of 175 funds at 2023 Q4 — just 53% 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 — 10% fewer funds vs a year ago

fund count last 6Q
10 fewer hedge funds hold PERI compared to a year ago (-10% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 46% buying

42 buying50 selling
Last quarter: 50 funds reduced or exited vs 42 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 — ~15 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 17 → 9 → 19 → 15. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 14% medium ■ 23% new
59 out of 93 hedge funds have held PERI 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.
📈

Growing discovery — still being found

17 → 17 → 9 → 19 → 15 new funds/Q
New funds entering each quarter: 17 → 9 → 19 → 15. A growing number of institutions are discovering PERI each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 70% veterans vs 21% newcomers

■ 70% veterans ■ 9% 1-2yr ■ 21% new
Entry-cohort mix of 101 holders: 71 (70%) are 2+ year veterans, 9 entered 1–2 years ago, and 21 (21%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 6% AUM from top-100

6% from top-100 AUM funds
20 of 93 holders rank in the top 100 by AUM, but together hold only 6% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
1.4
out of 10
Low Exit Risk
Exit risk score 1.4/10 — 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 — PERI

In 2026 Q2, 42 hedge funds were net buyers of PERI (15 opened a new position, 27 added to an existing one), while 50 reduced or exited (31 trimmed, 19 sold completely) — a 46% buyer ratio, indicating roughly balanced activity. This extends a 3-quarter selling streak, suggesting sustained institutional caution. Net fund flow last quarter: -4 funds (more exits than new entries). Total institutional holders: 93.

Hedge Fund Ownership: PERI

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

Market Analysis: PERI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PERI

-- --

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.

7 top-rated funds 1 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
1.2
/ 10
conviction
Hedge Fund Positioning: PERI
93 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 93 97 -4.12%
13F Shares 23M 24M -2.45%
Total Value $172M $184M -6.55%
New Positions 15 19 -4
Increased Positions 24 31 -7
Closed Positions 19 22 -3
Reduced Positions 28 26 +2
Total Calls 5 4 25.0%
Total Puts 3 3 -
PUT/CALL Ratio 0.6 0.75 Bullish

Statistics: PERI

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

93 + investors

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

QUARTER:
Top 25 PERI holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Value Base Ltd. 9.28% 1,551,423 $15.1M
2 Private Capital Management, LLC 4.39% 5,133,574 $49.8M
3 Raffles Associates LP 2.07% 235,779 $2.3M
4 Perkins Capital Management Inc 1.21% 165,215 $1.6M
5 Nano Cap New Millennium Growth Fund L P 0.67% 90,000 $874K
6 Olympiad Research LP 0.29% 14,467 $140K
7 nVerses Capital, LLC 0.24% 15,905 $154K
8 Systematic Financial Management LP 0.18% 932,090 $9.0M
9 Tripletail Wealth Management, LLC 0.18% 16,600 $156K
10 CastleKnight Management LP 0.14% 1,041,983 $10.1M
11 Equitable Trust Co 0.11% 270,205 $2.6M
12 CenterBook Partners LP 0.10% 214,198 $2.1M
13 Private Capital Management, LLC 0.09% 100,000 $971K
14 Migdal Insurance & Financial Holdings Ltd. 0.08% 1,287,102 $12.5M
15 Yelin Lapidot Holdings Management Ltd. 0.08% 42,084 $409K
16 Headlands Technologies LLC 0.04% 39,577 $384K
17 Clear Harbor Asset Management, LLC 0.04% 64,795 $629K
18 XTX Topco Ltd 0.04% 287,753 $2.8M
19 North Star Investment Management Corp. 0.03% 65,000 $631K
20 State of Wyoming 0.03% 28,074 $273K
21 GHP Investment Advisors, Inc. 0.02% 68,107 $661K
22 Quinn Opportunity Partners LLC 0.02% 49,500 $481K
23 Aquatic Capital Management LLC 0.02% 53,302 $518K
24 Y.D. More Investments Ltd 0.02% 54,055 $518K
25 Renaissance Technologies LLC 0.01% 1,022,509 $9.9M
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 — Perion Network Ltd (PERI)

What does the Smart Money Trend signal show for PERI?

Selling streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds reduced or closed their PERI 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 PERI?

More sellers than buyers — 46% buying: Last quarter: 50 funds reduced or exited vs 42 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 PERI holders?

Smaller funds dominant — 6% AUM from top-100: 20 of 93 holders rank in the top 100 by AUM, but together hold only 6% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held PERI?

63% of holders stayed for 2+ years: 59 out of 93 hedge funds have held PERI 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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