Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Replimune Group Inc (REPL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +18
Streak
1Q ▲
Buyers last Q
57%

Smart Money Signals — REPL

Based on 185 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added REPL 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
185 hedge funds hold REPL 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 — +12% more funds vs a year ago

fund count last 6Q
+20 new funds entered over the past year (+12% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 57% buying

114 buying86 selling
Last quarter: 114 funds bought or added vs 86 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.
📈

More new buyers each quarter (+13 vs last Q)

new funds entering per quarter
Funds opening a new REPL position: 34 → 40 → 33 → 46. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

49% of holders stayed for 2+ years

■ 49% conviction (2yr+) ■ 22% medium ■ 29% new
90 out of 185 hedge funds have held REPL 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.
💎

Buying through price weakness — shares +3%, value -19%

Value
-19%
Shares
+3%
Last quarter: funds added +3% more shares while total portfolio value only changed -19%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~46 new funds/quarter

27 → 34 → 40 → 33 → 46 new funds/Q
New funds entering each quarter: 34 → 40 → 33 → 46. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 53% veterans vs 33% newcomers

■ 53% veterans ■ 14% 1-2yr ■ 33% new
Entry-cohort mix of 205 holders: 108 (53%) are 2+ year veterans, 29 entered 1–2 years ago, and 68 (33%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 28% AUM from major funds

28% from top-100 AUM funds
40 of 177 holders rank in the top 100 by AUM, accounting for 28% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — 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 — REPL

In 2026 Q1, 114 hedge funds were net buyers of REPL (46 opened a new position, 68 added to an existing one), while 86 reduced or exited (58 trimmed, 28 sold completely) — a 57% buyer ratio, indicating a slight buying edge. 28% of total institutional value in REPL 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: 185.

Hedge Fund Ownership: REPL

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

Market Analysis: REPL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: REPL

-- --

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

Is It Too Late to Buy Replimune Group Inc (REPL) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much REPL has moved relative to its sector benchmark (XLV) 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
REPL
+33.2%
XLV
+2.1%

REPL outperformed XLV by +31.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 36d ago
REPL
+95.2%
XLV
+3.2%

Since the filing became public, REPL outperformed XLV by +92.0% .

Interpretation: The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

18 top-rated funds 1 high-conviction
Consensus
5.6
/ 10
breadth
×
Elite
1.3
/ 10
conviction
Hedge Fund Positioning: REPL
184 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 184 167 10.18%
13F Shares 88M 85M 3.21%
Total Value $604M $745M -19.02%
New Positions 45 33 +12
Increased Positions 64 59 +5
Closed Positions 28 36 -8
Reduced Positions 51 57 -6
Total Calls 16 13 23.08%
Total Puts 12 8 50.0%
PUT/CALL Ratio 0.75 0.62 Neutral

Statistics: REPL

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

184 + investors

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

QUARTER:
Top 25 REPL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Fcpm III Services B.V. 2.97% 2,808,368 $21.5M
2 Ally Bridge Group (NY) LLC 1.53% 246,900 $1.9M
3 Boxer Capital Management, LLC 1.18% 1,175,000 $9.0M
4 Omega Fund Management, LLC 1.17% 248,672 $1.9M
5 Suvretta Capital Management, LLC 0.82% 4,221,836 $32.3M
6 Sio Capital Management, LLC 0.79% 720,036 $5.5M
7 ADAR1 Capital Management, LLC 0.71% 1,582,987 $12.1M
8 Diadema Partners LP 0.60% 459,900 $3.5M
9 Rtw Investments, LP 0.56% 7,356,916 $56.3M
10 Baker BROS. Advisors LP 0.49% 11,045,336 $84.5M
11 Act Capital Management, LLC 0.37% 61,500 $470K
12 EcoR1 Capital, LLC 0.32% 1,000,000 $7.7M
13 Sofinnova Investments, Inc. 0.30% 1,015,400 $7.8M
14 Seven Fleet Capital Management LP 0.29% 120,400 $921K
15 Diadema Partners LP 0.27% 205,500 $1.6M
16 Ikarian Capital, LLC 0.19% 300,000 $2.3M
17 NAN FUNG TRINITY (HK) Ltd 0.16% 196,327 $1.5M
18 B Group, Inc. 0.15% 26,000 $199K
19 Erste Asset Management GmbH 0.14% 2,120,000 $15.3M
20 Eversept Partners, LP 0.14% 334,861 $2.6M
21 Silverarc Capital Management, LLC 0.13% 171,936 $1.3M
22 Diadema Partners LP 0.13% 100,660 $770K
23 DLD Asset Management, LP 0.13% 184,600 $1.4M
24 Quinn Opportunity Partners LLC 0.11% 287,795 $2.2M
25 Velan Capital Investment Management LP 0.10% 20,000 $153K
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 — Replimune Group Inc (REPL)

What does the Smart Money Trend signal show for REPL?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added REPL 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 REPL?

Slight buying edge — 57% buying: Last quarter: 114 funds bought or added vs 86 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 REPL holders?

Strong quality — 28% AUM from major funds: 40 of 177 holders rank in the top 100 by AUM, accounting for 28% 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 REPL?

49% of holders stayed for 2+ years: 90 out of 185 hedge funds have held REPL 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 Replimune Group Inc (REPL) following the 2026 Q1 hedge fund 13F filings?

As of today, REPL has moved +95.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.2% for the XLV sector ETF — an outperformance of +92.0%. Since the quarter end (March 31, 2026), REPL has gained +33.2% vs +2.1% for XLV. The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors.

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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