Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Paramount Gold Nev Corp (PZG)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +18
Streak
4Q ▲
Buyers last Q
81%

Smart Money Signals — PZG

Based on 54 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 PZG 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
54 hedge funds hold PZG 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 — +108% more funds vs a year ago

fund count last 6Q
+28 new funds entered over the past year (+108% 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.
🟢

More buyers than sellers — 81% buying

42 buying10 selling
Last quarter: 42 funds were net buyers (25 opened a brand new position + 17 added to an existing one). Only 10 were sellers (3 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+17 vs last Q)

new funds entering per quarter
Funds opening a new PZG position: 5 → 9 → 8 → 25. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
📌

Mixed — 31% long-term, 48% new

■ 31% conviction (2yr+) ■ 20% medium ■ 48% new
Of the 54 current holders: 17 (31%) held >2 years, 11 held 1–2 years, and 26 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.
💰

Value +69% but shares only +31% — price-driven

Value
+69%
Shares
+31%
Last quarter: the total dollar value of institutional holdings rose +69%, but actual share count only changed +31%. 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.
🚀

Acceleration phase — new buyers rushing in

1 → 5 → 9 → 8 → 25 new funds/Q
New funds entering each quarter: 5 → 9 → 8 → 25. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
📊

Mixed cohorts — 35% veterans, 54% new entrants

■ 35% veterans ■ 11% 1-2yr ■ 54% new
Of 54 current holders: 19 (35%) held 2+ years, 6 held 1–2 years, 29 (54%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
✅

Strong quality — 22% AUM from major funds

22% from top-100 AUM funds
12 of 54 holders rank in the top 100 by AUM, accounting for 22% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
5.2
out of 10
Moderate Exit Risk
Exit risk score 5.2/10 — 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 — PZG

In 2026 Q1, 42 hedge funds were net buyers of PZG (25 opened a new position, 17 added to an existing one), while 10 reduced or exited (3 trimmed, 7 sold completely) — a 81% buyer ratio, indicating clear institutional accumulation. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 22% of total institutional value in PZG is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +18 funds (more new holders than closures). Total institutional holders: 54.

Hedge Fund Ownership: PZG

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

Market Analysis: PZG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PZG

-- --

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

Is It Too Late to Buy Paramount Gold Nev Corp (PZG) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PZG 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 · 84d ago
PZG
-30.7%
SPY
+14.9%

PZG outperformed SPY by -45.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 39d ago
PZG
-18.4%
SPY
+1.1%

Since the filing became public, PZG outperformed SPY by -19.5% .

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.

5 top-rated funds 0 high-conviction
Consensus
3.4
/ 10
breadth
×
Elite
0.0
/ 10
conviction
Hedge Fund Positioning: PZG
54 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 54 36 50.0%
13F Shares 14M 11M 31.49%
Total Value $23M $14M 69.49%
New Positions 25 8 +17
Increased Positions 17 14 +3
Closed Positions 7 7 -
Reduced Positions 3 5 -2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PZG

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

54 + investors

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

QUARTER:
Top 25 PZG holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Dynamic Technology Lab Private Ltd 0.07% 263,121 $437K
2 Informed Momentum Co LLC 0.06% 328,997 $546K
3 U S Global Investors Inc 0.03% 170,000 $282K
4 Trifecta Capital Advisors, LLC 0.01% 47,400 $79K
5 Tidal Investments LLC 0.01% 3,161,052 $5.2M
6 Parvin Asset Management, LLC 0.01% 8,900 $15K
7 Hollencrest Capital Management 0.01% 143,935 $239K
8 Mangrove Partners IM, LLC 0.01% 52,881 $88K
9 B. Riley Wealth Advisors, Inc. 0.00% 43,650 $68K
10 Bridgeway Capital Management, LLC 0.00% 125,000 $208K
11 Renaissance Technologies LLC 0.00% 1,266,824 $2.1M
12 Tradition Wealth Management, LLC 0.00% 26,000 $43K
13 Graham Capital Management, L.P. 0.00% 69,677 $116K
14 XTX Topco Ltd 0.00% 80,953 $134K
15 Contravisory Investment Management, INC. 0.00% 4,132 $7K
16 Marshall Wace, LLP 0.00% 653,145 $1.1M
17 OMERS ADMINISTRATION Corp 0.00% 63,100 $105K
18 Walleye Capital LLC 0.00% 94,936 $158K
19 Sei Investments Co 0.00% 400,502 $665K
20 Gts Securities LLC 0.00% 10,109 $17K
21 Millennium Management LLC 0.00% 834,627 $1.4M
22 Hrt Financial LP 0.00% 122,341 $203K
23 Eastern Bank 0.00% 10,000 $17K
24 Osaic Holdings, INC. 0.00% 84,295 $140K
25 Vanguard Fiduciary Trust Co 0.00% 429,934 $714K
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 — Paramount Gold Nev Corp (PZG)

What does the Smart Money Trend signal show for PZG?

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

More buyers than sellers — 81% buying: Last quarter: 42 funds were net buyers (25 opened a brand new position + 17 added to an existing one). Only 10 were sellers (3 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for PZG holders?

Strong quality — 22% AUM from major funds: 12 of 54 holders rank in the top 100 by AUM, accounting for 22% 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 PZG?

Mixed — 31% long-term, 48% new: Of the 54 current holders: 17 (31%) held >2 years, 11 held 1–2 years, and 26 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 Paramount Gold Nev Corp (PZG) following the 2026 Q1 hedge fund 13F filings?

As of today, PZG has moved -18.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.1% for the SPY sector ETF — an outperformance of -19.5%. Since the quarter end (March 31, 2026), PZG has gained -30.7% vs +14.9% 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.

Full history →