Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Quinstreet Inc (QNST)

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

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -6
Streak
1Q ▼
Buyers last Q
52%

Smart Money Signals — QNST

Based on 212 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their QNST positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (97% of max)

97% of all-time peak
212 hedge funds hold QNST 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 — +4% more funds vs a year ago

fund count last 6Q
+9 new funds entered over the past year (+4% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 52% buying

115 buying106 selling
Last quarter: 115 funds bought or added vs 106 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 (-8 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 30 → 32 → 40 → 32. 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.
🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 18% medium ■ 20% new
132 out of 212 hedge funds have held QNST 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 +34% but shares only +2% — price-driven

Value
+34%
Shares
+2%
Last quarter: the total dollar value of institutional holdings rose +34%, but actual share count only changed +2%. 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.
📈

Growing discovery — still being found

34 → 30 → 32 → 40 → 32 new funds/Q
New funds entering each quarter: 30 → 32 → 40 → 32. A growing number of institutions are discovering QNST each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 68% veterans vs 23% newcomers

■ 68% veterans ■ 9% 1-2yr ■ 23% new
Entry-cohort mix of 217 holders: 148 (68%) are 2+ year veterans, 20 entered 1–2 years ago, and 49 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 60% AUM from top-100 funds

60% from top-100 AUM funds
49 of 211 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in QNST. 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 — QNST

In 2026 Q2, 115 hedge funds were net buyers of QNST (32 opened a new position, 83 added to an existing one), while 106 reduced or exited (68 trimmed, 38 sold completely) — a 52% buyer ratio, indicating a slight buying edge. 60% of total institutional value in QNST is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -6 funds (more exits than new entries). Total institutional holders: 212.

Hedge Fund Ownership: QNST

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

Market Analysis: QNST

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: QNST

-- --

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

Is It Too Late to Buy Quinstreet Inc (QNST) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much QNST has moved relative to its sector benchmark (XLC) since the 2026 Q2 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 June 30, 2026 · 87d ago
QNST
-1.7%
XLC
+5.6%

QNST outperformed XLC by -7.3% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 42d ago
QNST
-29.8%
XLC
+0.2%

Since the filing became public, QNST outperformed XLC by -30.0% .

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.

11 top-rated funds 1 high-conviction
Consensus
4.7
/ 10
breadth
×
Elite
1.3
/ 10
conviction
Hedge Fund Positioning: QNST
208 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 208 218 -4.59%
13F Shares 53M 53M 0.51%
Total Value $758M $614M 23.43%
New Positions 31 40 -9
Increased Positions 82 92 -10
Closed Positions 40 32 +8
Reduced Positions 66 65 +1
Total Calls 4 3 33.33%
Total Puts 2 1 100.0%
PUT/CALL Ratio 0.5 0.33 Bullish

Statistics: QNST

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Financial Highlights

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Institutional Holders (2026 Q2)

208 + investors

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

QUARTER:
Top 25 QNST holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Jacobs Asset Management, LLC 8.76% 950,000 $13.9M
2 Private Capital Management, LLC 6.06% 4,699,512 $68.8M
3 Mill Road Capital Management LLC 3.75% 518,879 $7.6M
4 Heartland Advisors Inc 0.39% 600,000 $8.8M
5 Tripletail Wealth Management, LLC 0.25% 13,910 $220K
6 Royce & Associates LP 0.20% 1,716,828 $25.2M
7 Equitable Trust Co 0.14% 222,950 $3.3M
8 NewEdge Wealth, LLC 0.12% 829,840 $12.2M
9 Kings Path Partners LLC 0.12% 20,725 $321K
10 Algert Global LLC 0.09% 500,476 $7.3M
11 Jacobs Levy Equity Management, Inc 0.06% 1,148,269 $16.8M
12 K.J. Harrison & Partners Inc 0.06% 26,700 $391K
13 Hillsdale Investment Management Inc. 0.05% 156,000 $2.3M
14 Axq Capital, LP 0.05% 29,394 $431K
15 State of Wyoming 0.04% 27,314 $400K
16 Fox Run Management, L.L.C. 0.04% 15,126 $222K
17 Martingale Asset Management L P 0.04% 103,178 $1.5M
18 XTX Topco Ltd 0.03% 158,748 $2.3M
19 Horizon Investments, LLC 0.03% 64,846 $2.5M
20 Lazard Asset Management LLC 0.03% 1,204,068 $17.6M
21 Globeflex Capital L P 0.02% 12,834 $188K
22 Intech Investment Management LLC 0.02% 130,350 $1.9M
23 BankPlus Trust Department 0.01% 4,277 $63K
24 Aqr Capital Management LLC 0.01% 2,521,654 $36.9M
25 Procyon Advisors, LLC 0.01% 18,475 $271K
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 — Quinstreet Inc (QNST)

What does the Smart Money Trend signal show for QNST?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their QNST 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 QNST?

Slight buying edge — 52% buying: Last quarter: 115 funds bought or added vs 106 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 QNST holders?

Elite ownership — 60% AUM from top-100 funds: 49 of 211 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in QNST. 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 QNST?

62% of holders stayed for 2+ years: 132 out of 212 hedge funds have held QNST 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 Quinstreet Inc (QNST) following the 2026 Q2 hedge fund 13F filings?

As of today, QNST has moved -29.8% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.2% for the XLC sector ETF — an outperformance of -30.0%. Since the quarter end (June 30, 2026), QNST has gained -1.7% vs +5.6% for XLC. 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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