Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Perpetua Resources Corp (PPTA)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +11
Streak
9Q ▲
Buyers last Q
56%

Smart Money Signals — PPTA

Based on 265 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 9 quarters in a row

last 6Q
For 9 consecutive quarters, more hedge funds added PPTA 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
265 hedge funds hold PPTA 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 — +104% more funds vs a year ago

fund count last 6Q
+135 new funds entered over the past year (+104% 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 — 56% buying

146 buying116 selling
Last quarter: 146 funds bought or added vs 116 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 (-29 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 70 → 65 → 76 → 47. 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.
🔄

Mostly new holders — 45% entered in last year

■ 22% conviction (2yr+) ■ 33% medium ■ 45% new
Only 57 funds (22%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
➡️

Steady discovery — ~47 new funds/quarter

36 → 70 → 65 → 76 → 47 new funds/Q
New funds entering each quarter: 70 → 65 → 76 → 47. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱

Early stage — 58% of holders entered in last year

■ 27% veterans ■ 15% 1-2yr ■ 58% new
Of 275 current holders: 159 (58%) entered in the past year, only 75 (27%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
✅

Strong quality — 20% AUM from major funds

20% from top-100 AUM funds
47 of 259 holders rank in the top 100 by AUM, accounting for 20% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
5.1
out of 10
Moderate Exit Risk
Exit risk score 5.1/10 — 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.

Institutional Sentiment Summary — PPTA

In 2026 Q1, 146 hedge funds were net buyers of PPTA (47 opened a new position, 99 added to an existing one), while 116 reduced or exited (80 trimmed, 36 sold completely) — a 56% buyer ratio, indicating a slight buying edge. This marks 9 consecutive quarters of net institutional buying — a persistent conviction signal. 20% of total institutional value in PPTA is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +11 funds (more new holders than closures). Total institutional holders: 265.

Hedge Fund Ownership: PPTA

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

Market Analysis: PPTA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PPTA

-- --

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

Is It Too Late to Buy Perpetua Resources Corp (PPTA) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PPTA has moved relative to its sector benchmark (SPY) 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 · 81d ago
PPTA
nan%
SPY
+15.1%

PPTA outperformed SPY by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 36d ago
PPTA
nan%
SPY
+1.3%

Since the filing became public, PPTA outperformed SPY by nan% .

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.

23 top-rated funds 4 high-conviction
Consensus
6.0
/ 10
breadth
×
Elite
2.8
/ 10
conviction
Hedge Fund Positioning: PPTA
265 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 265 254 4.33%
13F Shares 87M 87M -0.98%
Total Value $2.34B $2.12B 10.38%
New Positions 47 76 -29
Increased Positions 96 93 +3
Closed Positions 36 44 -8
Reduced Positions 78 58 +20
Total Calls 10 7 42.86%
Total Puts 6 7 -14.29%
PUT/CALL Ratio 0.6 1.0 Bullish

Statistics: PPTA

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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)

265 + investors

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

QUARTER:
Top 25 PPTA holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Paulson & CO. INC. 29.23% 32,347,299 $909.6M
2 Extract Advisors LLC 2.24% 229,000 $6.4M
3 Soviero Asset Management, LP 2.11% 150,000 $4.2M
4 Discovery Capital Management, LLC / Ct 1.91% 1,306,700 $36.7M
5 Sprott INC. 1.85% 2,261,602 $63.6M
6 Worth Venture Partners, LLC 1.45% 16,294 $458K
7 PCJ Investment Counsel Ltd. 1.31% 164,070 $4.6M
8 Accordant Advisory Group Inc 1.26% 72,429 $2.0M
9 OnyxPoint Global Management LP 1.14% 171,473 $4.8M
10 Empyrean Capital Partners, LP 0.77% 840,000 $23.6M
11 Orion Resource Partners LP 0.73% 56,935 $1.6M
12 Pinnacle Wealth Management Group, Inc. 0.71% 51,610 $1.5M
13 Pekin Hardy Strauss, Inc. 0.66% 225,647 $6.3M
14 Krilogy Financial LLC 0.64% 625,864 $19.8M
15 Informed Momentum Co LLC 0.61% 189,334 $5.3M
16 Hohimer Wealth Management, LLC 0.60% 181,670 $5.1M
17 Steadtrust LLC 0.56% 34,900 $981K
18 Capstone Wealth Management Group, LLC 0.54% 45,448 $1.3M
19 GeoSphere Capital Management, LLC 0.50% 40,582 $1.1M
20 Nokomis Capital, L.L.C. 0.38% 47,649 $1.3M
21 Arrien Investments, INC. 0.36% 23,517 $661K
22 Tidal Investments LLC 0.32% 5,360,084 $150.7M
23 Brevan Howard Capital Management LP 0.29% 1,225,000 $32.9M
24 DLD Asset Management, LP 0.24% 95,000 $2.7M
25 Driehaus Capital Management LLC 0.22% 1,086,004 $30.5M
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 — Perpetua Resources Corp (PPTA)

What does the Smart Money Trend signal show for PPTA?

Buying streak — 9 quarters in a row: For 9 consecutive quarters, more hedge funds added PPTA 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 PPTA?

Slight buying edge — 56% buying: Last quarter: 146 funds bought or added vs 116 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 PPTA holders?

Strong quality — 20% AUM from major funds: 47 of 259 holders rank in the top 100 by AUM, accounting for 20% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held PPTA?

Mostly new holders — 45% entered in last year: Only 57 funds (22%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Perpetua Resources Corp (PPTA) following the 2026 Q1 hedge fund 13F filings?

As of today, PPTA has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.3% for the SPY sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), PPTA has gained nan% vs +15.1% for SPY. 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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