Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Sea Ltd (SE)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -121
Streak
2Q ▼
Buyers last Q
49%

Smart Money Signals — SE

Based on 740 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their SE positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 83% of 3.0Y peak

83% of all-time peak
740 funds currently hold this stock — 83% of the 3.0-year high of 891 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding SE is almost the same as a year ago (-1 funds, 0% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 49% buying

429 buying451 selling
Last quarter: 451 funds reduced or exited vs 429 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-60 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 174 → 137 → 149 → 89. 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.
🔒

58% of holders stayed for 2+ years

■ 58% conviction (2yr+) ■ 22% medium ■ 20% new
429 out of 740 hedge funds have held SE 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 -2%, value -41%

Value
-41%
Shares
-2%
Last quarter: funds added -2% more shares while total portfolio value only changed -41%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

145 → 174 → 137 → 149 → 89 new funds/Q
New funds entering each quarter: 174 → 137 → 149 → 89. SE is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 64% veterans vs 24% newcomers

■ 64% veterans ■ 12% 1-2yr ■ 24% new
Entry-cohort mix of 792 holders: 508 (64%) are 2+ year veterans, 96 entered 1–2 years ago, and 188 (24%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 40% AUM from top-100 funds

40% from top-100 AUM funds
60 of 735 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in SE. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.7
out of 10
Low Exit Risk
Exit risk score 2.7/10 — 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 — SE

In 2026 Q1, 429 hedge funds were net buyers of SE (89 opened a new position, 340 added to an existing one), while 451 reduced or exited (241 trimmed, 210 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 40% of total institutional value in SE is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -121 funds (more exits than new entries). Total institutional holders: 740.

Hedge Fund Ownership: SE

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

Market Analysis: SE

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SE

-- --

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

Is It Too Late to Buy Sea Ltd (SE) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much SE has moved relative to its sector benchmark (XLY) 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 · 75d ago
SE
+0.2%
XLY
+7.0%

SE outperformed XLY by -6.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
SE
-6.0%
XLY
+0.1%

Since the filing became public, SE outperformed XLY by -6.1% .

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 ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

43 top-rated funds 20 high-conviction
Consensus
7.1
/ 10
breadth
×
Elite
5.5
/ 10
conviction
Hedge Fund Positioning: SE
736 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 736 861 -14.52%
13F Shares 383M 393M -2.38%
Total Value $27.98B $47.47B -41.05%
New Positions 87 149 -62
Increased Positions 329 308 +21
Closed Positions 212 179 +33
Reduced Positions 222 313 -91
Total Calls 27 30 -10.0%
Total Puts 28 25 12.0%
PUT/CALL Ratio 1.04 0.83 Neutral

Statistics: SE

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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 Q1)

736 + investors

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

QUARTER:
Top 25 SE holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Charles-Lim Capital Ltd 48.10% 1,750,000 $144.9M
2 Kora Management LP 42.06% 3,563,098 $295.1M
3 Arohi Asset Management PTE Ltd. 38.00% 1,264,022 $104.7M
4 Tree Line Advisors (Hong Kong) Ltd. 31.65% 940,000 $73.6M
5 Incision Capital Management LP 28.33% 310,000 $25.7M
6 Avanda Investment Management Pte. Ltd. 21.45% 163,506 $13.5M
7 Infinitum Asset Management, LLC 20.75% 2,006,500 $166.2M
8 Kontiki Capital Management (HK) Ltd. 12.34% 2,124,312 $175.9M
9 Coronation Fund Managers Ltd. 11.76% 3,116,319 $258.1M
10 Flight Deck Capital, LP 11.50% 190,900 $15.8M
11 Marcho Partners LLP 11.40% 170,436 $14.1M
12 University of Wisconsin Foundation 9.46% 128,620 $10.7M
13 General Equity Holdings LP 9.04% 147,068 $12.2M
14 North Peak Capital Management, LLC 8.41% 610,463 $50.6M
15 Eminence Capital, LP 7.72% 4,065,665 $336.7M
16 Ribbit Management Company, LLC 6.34% 1,287,679 $106.6M
17 Wcm Investment Management, LLC 6.03% 33,746,475 $2.64B
18 Kinetic Partners Management, LP 5.80% 1,252,156 $103.7M
19 Tiger Global Management LLC 5.59% 15,415,835 $1.28B
20 Arrow Capital Pty Ltd 5.48% 70,000 $5.5M
21 Hound Partners, LLC 5.18% 500,000 $41.4M
22 Dalton Investments, Inc. 4.57% 57,000 $4.7M
23 Scge Management, L.P. 4.45% 1,775,000 $147.0M
24 Ravenswood Partners LP 4.27% 139,678 $11.6M
25 Dorsal Capital Management, LP 4.27% 1,325,000 $109.7M
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 — Sea Ltd (SE)

What does the Smart Money Trend signal show for SE?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their SE 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 SE?

More sellers than buyers — 49% buying: Last quarter: 451 funds reduced or exited vs 429 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for SE holders?

Elite ownership — 40% AUM from top-100 funds: 60 of 735 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in SE. 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 SE?

58% of holders stayed for 2+ years: 429 out of 740 hedge funds have held SE 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 Sea Ltd (SE) following the 2026 Q1 hedge fund 13F filings?

As of today, SE has moved -6.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.1% for the XLY sector ETF — an outperformance of -6.1%. Since the quarter end (March 31, 2026), SE has gained +0.2% vs +7.0% for XLY. 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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