Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Progyny Inc (PGNY)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +22
Streak
1Q ▲
Buyers last Q
50%

Smart Money Signals — PGNY

Based on 309 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added PGNY 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 (97% of max)

97% of all-time peak
309 hedge funds hold PGNY 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.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding PGNY is almost the same as a year ago (+9 funds, +3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 50% buying

158 buying161 selling
Last quarter: 158 funds bought or added vs 161 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 (+31 vs last Q)

new funds entering per quarter
Funds opening a new PGNY position: 39 → 62 → 40 → 71. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

56% of holders stayed for 2+ years

■ 56% conviction (2yr+) ■ 21% medium ■ 23% new
173 out of 309 hedge funds have held PGNY 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.
💰

Value +94% but shares only +16% — price-driven

Value
+94%
Shares
+16%
Last quarter: the total dollar value of institutional holdings rose +94%, but actual share count only changed +16%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~71 new funds/quarter

48 → 39 → 62 → 40 → 71 new funds/Q
New funds entering each quarter: 39 → 62 → 40 → 71. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 61% veterans vs 25% newcomers

■ 61% veterans ■ 14% 1-2yr ■ 25% new
Entry-cohort mix of 313 holders: 192 (61%) are 2+ year veterans, 43 entered 1–2 years ago, and 78 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 58% AUM from top-100 funds

58% from top-100 AUM funds
56 of 308 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in PGNY. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — 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 — PGNY

In 2026 Q2, 158 hedge funds were net buyers of PGNY (71 opened a new position, 87 added to an existing one), while 161 reduced or exited (112 trimmed, 49 sold completely) — a 50% buyer ratio, indicating a slight buying edge. 58% of total institutional value in PGNY is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +22 funds (more new holders than closures). Total institutional holders: 309.

Hedge Fund Ownership: PGNY

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

Market Analysis: PGNY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PGNY

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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.

9 top-rated funds 1 high-conviction
Consensus
4.3
/ 10
breadth
×
Elite
1.5
/ 10
conviction
Hedge Fund Positioning: PGNY
305 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 305 287 6.27%
13F Shares 79M 70M 12.93%
Total Value $2.20B $1.17B 87.28%
New Positions 70 40 +30
Increased Positions 86 115 -29
Closed Positions 51 65 -14
Reduced Positions 109 86 +23
Total Calls 3 3 -
Total Puts 2 2 -
PUT/CALL Ratio 0.67 0.67 Bullish

Statistics: PGNY

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Institutional Holders (2026 Q2)

305 + investors

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

QUARTER:
Top 25 PGNY holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Simcoe Capital LLC 6.35% 361,429 $10.4M
2 Towle & Co 1.91% 195,595 $5.6M
3 Soleus Capital Management, L.P. 1.59% 1,602,000 $46.2M
4 Easterly Investment Partners LLC 1.41% 958,117 $27.6M
5 Point Nemo Capital, LLC 0.75% 51,103 $1.5M
6 Disciplined Growth Investors Inc /Mn 0.58% 1,181,632 $34.1M
7 AWM Investment Company, Inc. 0.55% 220,000 $6.3M
8 Fort Washington Investment Advisors Inc /Oh/ 0.37% 2,548,164 $73.5M
9 Dana Investment Advisors, Inc. 0.35% 467,564 $13.5M
10 Fideuram Asset Management (Ireland) dac 0.35% 904,062 $18.4M
11 International Assets Investment Management, LLC 0.26% 146,464 $4.3M
12 CenterBook Partners LP 0.24% 170,229 $4.9M
13 Unique Wealth Strategies, LLC 0.24% 23,786 $611K
14 WINTON GROUP Ltd 0.24% 251,834 $7.3M
15 Smallwood Wealth Investment Management, LLC 0.23% 18,500 $533K
16 River Road Asset Management, LLC 0.20% 635,023 $18.3M
17 Abu Dhabi Investment Council Co P.J.S.C 0.20% 50,118 $1.4M
18 Guidance Capital, Inc 0.19% 28,152 $897K
19 M.E. Allison & CO., INC. 0.19% 11,365 $328K
20 EntryPoint Capital, LLC 0.18% 9,438 $270K
21 Caxton Associates LLP 0.16% 293,287 $8.5M
22 Edgestream Partners, L.P. 0.12% 134,649 $3.9M
23 Caitlin John, LLC 0.09% 6,010 $173K
24 State of Wyoming 0.08% 28,791 $830K
25 Argos Wealth Advisors, LLC 0.08% 10,714 $309K
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 — Progyny Inc (PGNY)

What does the Smart Money Trend signal show for PGNY?

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

Slight buying edge — 50% buying: Last quarter: 158 funds bought or added vs 161 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 PGNY holders?

Elite ownership — 58% AUM from top-100 funds: 56 of 308 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in PGNY. 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 PGNY?

56% of holders stayed for 2+ years: 173 out of 309 hedge funds have held PGNY 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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