Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Sana Biotechnology Inc (SANA)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
1Q ▼
Buyers last Q
53%

Smart Money Signals — SANA

Based on 197 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their SANA 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 (99% of max)

99% of all-time peak
197 hedge funds hold SANA 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 — +24% more funds vs a year ago

fund count last 6Q
+38 new funds entered over the past year (+24% 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 — 53% buying

98 buying86 selling
Last quarter: 98 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.
⚠️

Fewer new buyers each quarter (-16 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 27 → 47 → 46 → 30. 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.
🔒

43% of holders stayed for 2+ years

■ 43% conviction (2yr+) ■ 30% medium ■ 26% new
85 out of 197 hedge funds have held SANA 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 +0%, value -29%

Value
-29%
Shares
+0%
Last quarter: funds added +0% more shares while total portfolio value only changed -29%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~30 new funds/quarter

30 → 27 → 47 → 46 → 30 new funds/Q
New funds entering each quarter: 27 → 47 → 46 → 30. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 50% veterans vs 32% newcomers

■ 50% veterans ■ 18% 1-2yr ■ 32% new
Entry-cohort mix of 202 holders: 100 (50%) are 2+ year veterans, 37 entered 1–2 years ago, and 65 (32%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 56% AUM from top-100 funds

56% from top-100 AUM funds
43 of 197 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in SANA. 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 — SANA

In 2026 Q1, 98 hedge funds were net buyers of SANA (30 opened a new position, 68 added to an existing one), while 86 reduced or exited (54 trimmed, 32 sold completely) — a 53% buyer ratio, indicating a slight buying edge. 56% of total institutional value in SANA is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 197.

Hedge Fund Ownership: SANA

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

Market Analysis: SANA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SANA

-- --

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

Is It Too Late to Buy Sana Biotechnology Inc (SANA) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much SANA 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 · 78d ago
SANA
-1.7%
XLV
+2.8%

SANA outperformed XLV by -4.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
SANA
-7.8%
XLV
+3.9%

Since the filing became public, SANA outperformed XLV by -11.7% .

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.

25 top-rated funds 0 high-conviction
Consensus
6.1
/ 10
breadth
×
Elite
0.6
/ 10
conviction
Hedge Fund Positioning: SANA
194 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 194 199 -2.51%
13F Shares 160M 160M 0.12%
Total Value $459M $646M -29.0%
New Positions 28 46 -18
Increased Positions 65 67 -2
Closed Positions 33 28 +5
Reduced Positions 53 47 +6
Total Calls 3 3 -
Total Puts 2 2 -
PUT/CALL Ratio 0.67 0.67 Bullish

Statistics: SANA

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Valuation Measures Data as of: --

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

Financial Highlights

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Profit Margin --
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Diluted EPS (ttm) --
Total Cash (mrq) --
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Institutional Holders (2026 Q1)

194 + investors

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

QUARTER:
Top 25 SANA holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Flagship Pioneering, LLC 6.20% 25,001,856 $72.0M
2 Crestline Management, L.P. 4.70% 755,736 $2.2M
3 Omega Fund Management, LLC 1.49% 843,750 $2.4M
4 Integral Health Asset Management, LLC 0.44% 3,200,000 $9.2M
5 Alphabet Inc. 0.20% 2,812,500 $8.1M
6 Optimize Financial Inc 0.20% 140,705 $405K
7 T3 Companies, LLC 0.13% 33,800 $97K
8 ArrowMark Colorado Holdings LLC 0.05% 685,125 $2.0M
9 Modus Advisors, LLC 0.04% 55,000 $158K
10 Virtus Investment Advisers, LLC 0.04% 53,052 $153K
11 Palumbo Wealth Management LLC 0.04% 58,459 $168K
12 Trace Wealth Advisors, LLC 0.03% 16,000 $46K
13 Viewpoint Capital Management LLC 0.03% 23,545 $68K
14 Axq Capital, LP 0.02% 56,911 $164K
15 Headlands Technologies LLC 0.02% 62,055 $179K
16 Baillie Gifford & Co 0.02% 6,609,065 $19.0M
17 Prodigy Asset Management LLC 0.02% 20,050 $58K
18 Canada Pension Plan Investment Board 0.02% 10,221,900 $29.4M
19 Profund Advisors LLC 0.02% 157,122 $453K
20 Woodline Partners LP 0.01% 1,317,932 $3.8M
21 Bfsg, LLC 0.01% 51,000 $147K
22 Redwood Park Advisors LLC 0.01% 7,140 $21K
23 China Universal Asset Management Co., Ltd. 0.01% 47,269 $136K
24 Banque Cantonale Vaudoise 0.01% 90,698 $261K
25 Hoey Investments, Inc 0.01% 22,000 $63K
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 — Sana Biotechnology Inc (SANA)

What does the Smart Money Trend signal show for SANA?

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

Slight buying edge — 53% buying: Last quarter: 98 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 SANA holders?

Elite ownership — 56% AUM from top-100 funds: 43 of 197 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in SANA. 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 SANA?

43% of holders stayed for 2+ years: 85 out of 197 hedge funds have held SANA 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 Sana Biotechnology Inc (SANA) following the 2026 Q1 hedge fund 13F filings?

As of today, SANA has moved -7.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.9% for the XLV sector ETF — an outperformance of -11.7%. Since the quarter end (March 31, 2026), SANA has gained -1.7% vs +2.8% for XLV. 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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