Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Plug Pwr Inc (PLUG)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +9
Streak
4Q ▲
Buyers last Q
58%

Smart Money Signals — PLUG

Based on 467 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added PLUG 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
467 hedge funds hold PLUG 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.
📶

Steady growth — +11% more funds vs a year ago

fund count last 6Q
+48 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 58% buying

253 buying180 selling
Last quarter: 253 funds bought or added vs 180 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 (-11 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 64 → 86 → 88 → 77. 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.
🔒

58% of holders stayed for 2+ years

■ 58% conviction (2yr+) ■ 22% medium ■ 19% new
273 out of 467 hedge funds have held PLUG 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 — ~77 new funds/quarter

63 → 64 → 86 → 88 → 77 new funds/Q
New funds entering each quarter: 64 → 86 → 88 → 77. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 66% veterans vs 23% newcomers

■ 66% veterans ■ 12% 1-2yr ■ 23% new
Entry-cohort mix of 493 holders: 324 (66%) are 2+ year veterans, 57 entered 1–2 years ago, and 112 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 41% AUM from top-100 funds

41% from top-100 AUM funds
52 of 461 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in PLUG. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
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 — PLUG

In 2026 Q1, 253 hedge funds were net buyers of PLUG (77 opened a new position, 176 added to an existing one), while 180 reduced or exited (112 trimmed, 68 sold completely) — a 58% buyer ratio, indicating a slight buying edge. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 41% of total institutional value in PLUG is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +9 funds (more new holders than closures). Total institutional holders: 467.

Hedge Fund Ownership: PLUG

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

Market Analysis: PLUG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PLUG

-- --

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

Is It Too Late to Buy Plug Pwr Inc (PLUG) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PLUG has moved relative to its sector benchmark (XLI) since the 2026 Q1 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 March 31, 2026 · 78d ago
PLUG
+26.5%
XLI
+10.5%

PLUG outperformed XLI by +16.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
PLUG
-24.3%
XLI
+4.2%

Since the filing became public, PLUG outperformed XLI by -28.5% .

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.

30 top-rated funds 0 high-conviction
Consensus
6.5
/ 10
breadth
×
Elite
0.6
/ 10
conviction
Hedge Fund Positioning: PLUG
464 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 464 458 1.31%
13F Shares 797M 696M 14.54%
Total Value $1.76B $1.43B 23.68%
New Positions 76 88 -12
Increased Positions 161 155 +6
Closed Positions 70 78 -8
Reduced Positions 104 100 +4
Total Calls 20 26 -23.08%
Total Puts 12 19 -36.84%
PUT/CALL Ratio 0.6 0.73 Bullish

Statistics: PLUG

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

464 + investors

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

QUARTER:
Top 25 PLUG holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Lotus Technology Management, LP 1.39% 375,000 $375K
2 Kieckhefer Group LLC 0.53% 500,000 $1.1M
3 1492 Capital Management LLC 0.35% 405,276 $916K
4 Bouvel Investment Partners, LLC 0.24% 367,782 $831K
5 Ground Swell Capital, LLC 0.19% 42,235 $95K
6 HC Advisors, LLC 0.16% 105,000 $237K
7 Skaana Management L.P. 0.15% 199,800 $452K
8 R Squared Ltd 0.15% 118,099 $267K
9 Susquehanna Fundamental Investments, LLC 0.13% 1,557,939 $3.5M
10 J. Derek Lewis & Associates Inc. 0.13% 271,555 $535K
11 Cobblestone Asset Management LLC 0.12% 121,280 $274K
12 Caitong International Asset Management Co., Ltd 0.12% 291,521 $659K
13 Voleon Capital Management LP 0.10% 2,072,461 $4.7M
14 Renaissance Technologies LLC 0.10% 27,738,500 $62.7M
15 Two Sigma Securities, LLC 0.09% 350,047 $791K
16 Alliance Wealth Advisors, LLC 0.08% 200,000 $173K
17 Masters Capital Management LLC 0.07% 1,000,000 $2.3M
18 Hrt Financial LP 0.07% 11,866,225 $26.8M
19 D. E. Shaw & Co., Inc. 0.07% 48,958,500 $110.6M
20 Pinnacle Associates Ltd 0.06% 2,105,193 $4.8M
21 National Wealth Management Group, LLC 0.06% 70,650 $160K
22 Css LLC/Il 0.06% 535,100 $1.2M
23 Skaana Management L.P. 0.06% 72,500 $164K
24 Caxton Associates LLP 0.05% 1,016,724 $2.3M
25 Congress Park Capital LLC 0.05% 73,850 $167K
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 — Plug Pwr Inc (PLUG)

What does the Smart Money Trend signal show for PLUG?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added PLUG 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 PLUG?

Slight buying edge — 58% buying: Last quarter: 253 funds bought or added vs 180 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 PLUG holders?

Elite ownership — 41% AUM from top-100 funds: 52 of 461 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in PLUG. 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 PLUG?

58% of holders stayed for 2+ years: 273 out of 467 hedge funds have held PLUG 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 Plug Pwr Inc (PLUG) following the 2026 Q1 hedge fund 13F filings?

As of today, PLUG has moved -24.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.2% for the XLI sector ETF — an outperformance of -28.5%. Since the quarter end (March 31, 2026), PLUG has gained +26.5% vs +10.5% for XLI. 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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