Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Roku Inc (ROKU)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +85
Streak
1Q ▲
Buyers last Q
54%

Smart Money Signals — ROKU

Based on 780 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added ROKU 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
780 hedge funds hold ROKU 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 — +38% more funds vs a year ago

fund count last 6Q
+216 new funds entered over the past year (+38% 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.
🟡

Slight buying edge — 54% buying

448 buying377 selling
Last quarter: 448 funds bought or added vs 377 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 (+91 vs last Q)

new funds entering per quarter
Funds opening a new ROKU position: 127 → 165 → 117 → 208. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

53% of holders stayed for 2+ years

■ 53% conviction (2yr+) ■ 20% medium ■ 27% new
412 out of 780 hedge funds have held ROKU 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 +44% but shares only +14% — price-driven

Value
+44%
Shares
+14%
Last quarter: the total dollar value of institutional holdings rose +44%, but actual share count only changed +14%. 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

96 → 127 → 165 → 117 → 208 new funds/Q
New funds entering each quarter: 127 → 165 → 117 → 208. A growing number of institutions are discovering ROKU each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 64% veterans vs 27% newcomers

■ 64% veterans ■ 9% 1-2yr ■ 27% new
Entry-cohort mix of 827 holders: 529 (64%) are 2+ year veterans, 78 entered 1–2 years ago, and 220 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 49% AUM from top-100 funds

49% from top-100 AUM funds
61 of 776 holders are among the 100 largest funds by AUM, controlling 49% of total institutional value in ROKU. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — 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 — ROKU

In 2026 Q2, 448 hedge funds were net buyers of ROKU (208 opened a new position, 240 added to an existing one), while 377 reduced or exited (254 trimmed, 123 sold completely) — a 54% buyer ratio, indicating a slight buying edge. 49% of total institutional value in ROKU is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +85 funds (more new holders than closures). Total institutional holders: 780.

Hedge Fund Ownership: ROKU

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

Market Analysis: ROKU

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ROKU

-- --

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

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

Signal Freshness measures how much ROKU 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 · 74d ago
ROKU
+12.2%
XLC
+5.1%

ROKU outperformed XLC by +7.1% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 29d ago
ROKU
-1.7%
XLC
-0.3%

Since the filing became public, ROKU outperformed XLC by -1.4% .

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.

31 top-rated funds 6 high-conviction
Consensus
6.5
/ 10
breadth
×
Elite
3.2
/ 10
conviction
Hedge Fund Positioning: ROKU
769 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 769 695 10.65%
13F Shares 121M 124M -2.78%
Total Value $16.16B $11.31B 42.87%
New Positions 205 117 +88
Increased Positions 227 253 -26
Closed Positions 127 122 +5
Reduced Positions 241 212 +29
Total Calls 27 22 22.73%
Total Puts 23 23 -
PUT/CALL Ratio 0.85 1.05 Neutral

Statistics: ROKU

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 Q2)

769 + investors

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

QUARTER:
Top 25 ROKU holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Firsthand Capital Management, Inc. 13.25% 60,000 $8.3M
2 Vazirani Asset Management LLC 10.61% 15,612 $2.2M
3 Decagon Asset Management LLP 10.36% 393,636 $54.4M
4 Twin Securities, Inc. 6.53% 105,660 $14.6M
5 Birnam Oak Advisors, LP 6.50% 290,000 $40.1M
6 Sand Grove Capital Management LLP 5.99% 166,158 $23.0M
7 Atlas Venture Advisors, Inc. 5.56% 57,707 $8.0M
8 TIG Advisors, LLC 4.33% 708,275 $97.8M
9 West Tower Group, LLC 4.25% 10,950 $1.5M
10 Pentwater Capital Management LP 3.65% 4,325,000 $597.5M
11 Kryger Capital LLC 3.27% 415,486 $57.4M
12 Sandler Capital Management 3.20% 46,600 $6.4M
13 Alpine Associates Management INC. 2.84% 328,250 $45.3M
14 Nexpoint Asset Management, L.P. 2.70% 292,770 $40.4M
15 Capital Impact Advisors, LLC 2.64% 340,273 $47.0M
16 P Schoenfeld Asset Management LP 2.57% 45,500 $6.3M
17 Slotnik Capital, LLC 2.43% 68,000 $9.4M
18 Ardmore Road Asset Management LP 2.41% 297,000 $41.0M
19 Kintayl Capital LP 2.30% 41,984 $5.8M
20 Kennondale Capital Management LLC 2.26% 24,557 $3.4M
21 Westchester Capital Management, LLC 2.13% 314,488 $43.4M
22 Water Island Capital LLC 2.12% 164,890 $22.8M
23 Olympiad Research LP 2.08% 7,225 $998K
24 GABELLI & Co INVESTMENT ADVISERS, INC. 1.96% 97,800 $13.5M
25 Quinn Opportunity Partners LLC 1.95% 305,080 $42.1M
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 — Roku Inc (ROKU)

What does the Smart Money Trend signal show for ROKU?

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

Slight buying edge — 54% buying: Last quarter: 448 funds bought or added vs 377 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 ROKU holders?

Elite ownership — 49% AUM from top-100 funds: 61 of 776 holders are among the 100 largest funds by AUM, controlling 49% of total institutional value in ROKU. 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 ROKU?

53% of holders stayed for 2+ years: 412 out of 780 hedge funds have held ROKU 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 Roku Inc (ROKU) following the 2026 Q2 hedge fund 13F filings?

As of today, ROKU has moved -1.7% since the 2026 Q2 13F filing date (August 14, 2026), compared to -0.3% for the XLC sector ETF — an outperformance of -1.4%. Since the quarter end (June 30, 2026), ROKU has gained +12.2% vs +5.1% 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.

Full history →