Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Rave Restaurant Group Inc (RAVE)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +1
Streak
4Q ▲
Buyers last Q
74%

Smart Money Signals — RAVE

Based on 33 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added RAVE 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
33 hedge funds hold RAVE 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 — +22% more funds vs a year ago

fund count last 6Q
+6 new funds entered over the past year (+22% 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 — 74% buying

20 buying7 selling
Last quarter: 20 funds were net buyers (5 opened a brand new position + 15 added to an existing one). Only 7 were sellers (3 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~5 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 3 → 5 → 8 → 5. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

52% of holders stayed for 2+ years

■ 52% conviction (2yr+) ■ 12% medium ■ 36% new
17 out of 33 hedge funds have held RAVE 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 +106% but shares only +65% — price-driven

Value
+105%
Shares
+64%
Last quarter: the total dollar value of institutional holdings rose +106%, but actual share count only changed +65%. 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 — ~5 new funds/quarter

2 → 3 → 5 → 8 → 5 new funds/Q
New funds entering each quarter: 3 → 5 → 8 → 5. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 61% veterans vs 32% newcomers

■ 61% veterans ■ 8% 1-2yr ■ 32% new
Entry-cohort mix of 38 holders: 23 (61%) are 2+ year veterans, 3 entered 1–2 years ago, and 12 (32%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 17% AUM from top-100

17% from top-100 AUM funds
15 of 33 holders rank in the top 100 by AUM, but together hold only 17% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.2
out of 10
Moderate Exit Risk
Exit risk score 4.2/10 — 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 — RAVE

In 2026 Q2, 20 hedge funds were net buyers of RAVE (5 opened a new position, 15 added to an existing one), while 7 reduced or exited (3 trimmed, 4 sold completely) — a 74% buyer ratio, indicating clear institutional accumulation. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +1 funds (more new holders than closures). Total institutional holders: 33.

Hedge Fund Ownership: RAVE

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

Market Analysis: RAVE

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: RAVE

-- --

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.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
0.3
/ 10
conviction
Hedge Fund Positioning: RAVE
33 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 33 32 3.12%
13F Shares 3M 2M 64.69%
Total Value $8M $4M 105.74%
New Positions 5 8 -3
Increased Positions 15 10 +5
Closed Positions 4 5 -1
Reduced Positions 2 5 -3
Total Calls 2 0 100%
Total Puts 3 0 100%
PUT/CALL Ratio 1.5 0.0 Bearish

Statistics: RAVE

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Valuation Measures Data as of: --

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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
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Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q2)

33 + investors

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

QUARTER:
Top 25 RAVE holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Saber Capital Managment, LLC 1.56% 701,483 $2.3M
2 Watchman Group, Inc. 0.13% 182,800 $598K
3 Corsair Capital Management, L.P. 0.06% 145,302 $475K
4 True North Advisors, LLC 0.03% 106,678 $349K
5 James Investment Research, INC. 0.01% 25,000 $82K
6 XTX Topco Ltd 0.00% 41,122 $134K
7 Renaissance Technologies LLC 0.00% 268,149 $877K
8 Evergreen Capital Management LLC 0.00% 20,265 $66K
9 Centiva Capital, LP 0.00% 17,488 $57K
10 NewEdge Advisors, LLC 0.00% 33,067 $108K
11 Vanguard Fiduciary Trust Co 0.00% 64,625 $211K
12 Citadel Advisors LLC 0.00% 52,500 $172K
13 Citadel Advisors LLC 0.00% 52,438 $171K
14 Susquehanna International Group, LLP 0.00% 68,700 $225K
15 Vanguard Capital Management LLC 0.00% 242,298 $792K
16 Jane Street Group, LLC 0.00% 47,100 $154K
17 Susquehanna International Group, LLP 0.00% 50,000 $164K
18 SBI Securities Co., Ltd. 0.00% 170 —
19 Citadel Advisors LLC 0.00% 25,900 $85K
20 Jane Street Group, LLC 0.00% 15,759 $52K
21 Harbour Investments, INC. 0.00% 84 —
22 BlackRock, Inc. 0.00% 71,198 $233K
23 Simplex Trading, LLC 0.00% 1,769 $6K
24 Caitong International Asset Management Co., Ltd 0.00% 7 —
25 Susquehanna International Group, LLP 0.00% 11,483 $38K
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 — Rave Restaurant Group Inc (RAVE)

What does the Smart Money Trend signal show for RAVE?

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

More buyers than sellers — 74% buying: Last quarter: 20 funds were net buyers (5 opened a brand new position + 15 added to an existing one). Only 7 were sellers (3 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for RAVE holders?

Smaller funds dominant — 17% AUM from top-100: 15 of 33 holders rank in the top 100 by AUM, but together hold only 17% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held RAVE?

52% of holders stayed for 2+ years: 17 out of 33 hedge funds have held RAVE 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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