Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Red Cat Hldgs Inc (RCAT)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +53
Streak
8Q ▲
Buyers last Q
68%

Smart Money Signals — RCAT

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

📈

Buying streak — 8 quarters in a row

last 6Q
For 8 consecutive quarters, more hedge funds added RCAT 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 RCAT 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 — +132% more funds vs a year ago

fund count last 6Q
+151 new funds entered over the past year (+132% 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 — 68% buying

200 buying94 selling
Last quarter: 200 funds were net buyers (97 opened a brand new position + 103 added to an existing one). Only 94 were sellers (50 trimmed + 44 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+33 vs last Q)

new funds entering per quarter
Funds opening a new RCAT position: 64 → 66 → 64 → 97. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 57% entered in last year

■ 11% conviction (2yr+) ■ 32% medium ■ 57% new
Only 29 funds (11%) 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.
💰

Value +119% but shares only +38% — price-driven

Value
+118%
Shares
+37%
Last quarter: the total dollar value of institutional holdings rose +119%, but actual share count only changed +38%. 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

38 → 64 → 66 → 64 → 97 new funds/Q
New funds entering each quarter: 64 → 66 → 64 → 97. A growing number of institutions are discovering RCAT each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🌱

Early stage — 67% of holders entered in last year

■ 17% veterans ■ 16% 1-2yr ■ 67% new
Of 288 current holders: 193 (67%) entered in the past year, only 50 (17%) 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 — 36% AUM from major funds

36% from top-100 AUM funds
40 of 258 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
5.6
out of 10
Moderate Exit Risk
Exit risk score 5.6/10 — 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 — RCAT

In 2026 Q1, 200 hedge funds were net buyers of RCAT (97 opened a new position, 103 added to an existing one), while 94 reduced or exited (50 trimmed, 44 sold completely) — a 68% buyer ratio, indicating clear institutional accumulation. This marks 8 consecutive quarters of net institutional buying — a persistent conviction signal. 36% of total institutional value in RCAT is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +53 funds (more new holders than closures). Total institutional holders: 265.

Hedge Fund Ownership: RCAT

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

Market Analysis: RCAT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: RCAT

-- --

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

Is It Too Late to Buy Red Cat Hldgs Inc (RCAT) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much RCAT 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
RCAT
-12.4%
XLI
+10.5%

RCAT outperformed XLI by -22.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
RCAT
+20.8%
XLI
+4.2%

Since the filing became public, RCAT outperformed XLI by +16.6% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

28 top-rated funds 1 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
1.2
/ 10
conviction
Hedge Fund Positioning: RCAT
265 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 265 212 25.0%
13F Shares 75M 54M 37.9%
Total Value $944M $431M 118.78%
New Positions 97 64 +33
Increased Positions 101 77 +24
Closed Positions 44 38 +6
Reduced Positions 45 52 -7
Total Calls 15 13 15.38%
Total Puts 15 9 66.67%
PUT/CALL Ratio 1.0 0.69 Neutral

Statistics: RCAT

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Valuation Measures Data as of: --

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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 RCAT. Verified SEC 13F-HR filings.

QUARTER:
Top 25 RCAT holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 REX Advisers, LLC 19.63% 496,696 $6.5M
2 AlphaCentric Advisors LLC 0.59% 45,000 $589K
3 AWM Investment Company, Inc. 0.54% 374,460 $4.9M
4 Olympiad Research LP 0.47% 11,736 $154K
5 Hood River Capital Management LLC 0.40% 3,033,005 $39.7M
6 Defiance ETFs, LLC 0.37% 1,951,622 $25.5M
7 Scientech Research LLC 0.32% 29,496 $386K
8 Post Resch Tallon Group Inc. 0.31% 28,795 $379K
9 Vann Equity Management LLC 0.30% 31,863 $417K
10 Needham Investment Management LLC 0.25% 380,000 $5.0M
11 Oxford Asset Management LLP 0.24% 41,985 $550K
12 Emissary Wealth LLC 0.21% 17,387 $228K
13 Crawford Fund Management, LLC 0.18% 72,000 $942K
14 Kieckhefer Group LLC 0.18% 28,500 $373K
15 Werlinich Asset Management, LLC 0.14% 22,735 $298K
16 Mark Sheptoff Financial Planning, LLC 0.14% 25,350 $264K
17 Waddell & Associates, LLC 0.13% 181,560 $2.4M
18 Cantor Fitzgerald, L. P. 0.12% 640,542 $8.4M
19 Bosman Wealth Management, LLC 0.12% 10,278 $135K
20 Byrne Asset Management LLC 0.10% 12,890 $169K
21 Caitong International Asset Management Co., Ltd 0.09% 37,616 $492K
22 Cantor Fitzgerald, L. P. 0.08% 413,400 $5.4M
23 First Community Trust NA 0.08% 8,025 $105K
24 Wealth Management Partners, LLC 0.07% 19,956 $261K
25 Moors & Cabot, Inc. 0.07% 125,075 $1.6M
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 — Red Cat Hldgs Inc (RCAT)

What does the Smart Money Trend signal show for RCAT?

Buying streak — 8 quarters in a row: For 8 consecutive quarters, more hedge funds added RCAT 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 RCAT?

More buyers than sellers — 68% buying: Last quarter: 200 funds were net buyers (97 opened a brand new position + 103 added to an existing one). Only 94 were sellers (50 trimmed + 44 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for RCAT holders?

Strong quality — 36% AUM from major funds: 40 of 258 holders rank in the top 100 by AUM, accounting for 36% 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 RCAT?

Mostly new holders — 57% entered in last year: Only 29 funds (11%) 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 Red Cat Hldgs Inc (RCAT) following the 2026 Q1 hedge fund 13F filings?

As of today, RCAT has moved +20.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.2% for the XLI sector ETF — an outperformance of +16.6%. Since the quarter end (March 31, 2026), RCAT has gained -12.4% vs +10.5% for XLI. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to 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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