Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Shoals Technologies Group In (SHLS)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +5
Streak
4Q ▲
Buyers last Q
53%

Smart Money Signals — SHLS

Based on 271 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added SHLS 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 (95% of max)

95% of all-time peak
271 hedge funds hold SHLS 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 — +25% more funds vs a year ago

fund count last 6Q
+54 new funds entered over the past year (+25% 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

161 buying140 selling
Last quarter: 161 funds bought or added vs 140 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 (-8 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 46 → 50 → 71 → 63. 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.
🔒

50% of holders stayed for 2+ years

■ 50% conviction (2yr+) ■ 26% medium ■ 24% new
135 out of 271 hedge funds have held SHLS 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 +1%, value -29%

Value
-28%
Shares
+1%
Last quarter: funds added +1% 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.
📈

Growing discovery — still being found

47 → 46 → 50 → 71 → 63 new funds/Q
New funds entering each quarter: 46 → 50 → 71 → 63. A growing number of institutions are discovering SHLS each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 62% veterans vs 26% newcomers

■ 62% veterans ■ 12% 1-2yr ■ 26% new
Entry-cohort mix of 285 holders: 176 (62%) are 2+ year veterans, 34 entered 1–2 years ago, and 75 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 43% AUM from top-100 funds

43% from top-100 AUM funds
48 of 265 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in SHLS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — 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 — SHLS

In 2026 Q1, 161 hedge funds were net buyers of SHLS (63 opened a new position, 98 added to an existing one), while 140 reduced or exited (82 trimmed, 58 sold completely) — a 53% buyer ratio, indicating a slight buying edge. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 43% of total institutional value in SHLS is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +5 funds (more new holders than closures). Total institutional holders: 271.

Hedge Fund Ownership: SHLS

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

Market Analysis: SHLS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SHLS

-- --

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

Is It Too Late to Buy Shoals Technologies Group In (SHLS) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much SHLS has moved relative to its sector benchmark (XLK) 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 · 84d ago
SHLS
+66.3%
XLK
+44.8%

SHLS outperformed XLK by +21.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 39d ago
SHLS
+5.9%
XLK
+9.1%

Since the filing became public, SHLS outperformed XLK by -3.2% .

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.

24 top-rated funds 0 high-conviction
Consensus
6.1
/ 10
breadth
×
Elite
1.6
/ 10
conviction
Hedge Fund Positioning: SHLS
270 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 270 266 1.5%
13F Shares 186M 183M 1.23%
Total Value $1.03B $1.45B -28.85%
New Positions 62 71 -9
Increased Positions 92 85 +7
Closed Positions 58 43 +15
Reduced Positions 80 80 -
Total Calls 13 13 -
Total Puts 7 7 -
PUT/CALL Ratio 0.54 0.54 Bullish

Statistics: SHLS

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

270 + investors

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

QUARTER:
Top 25 SHLS holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Redwood Grove Capital, LLC 6.45% 3,037,422 $20.0M
2 Palo Duro Investment Partners, LP 2.10% 1,643,689 $10.8M
3 4D Advisors, LLC 2.09% 500,000 $3.3M
4 Woodson Capital Management, LP 2.07% 2,000,000 $13.2M
5 Ardsley Advisory Partners LP 1.90% 2,260,000 $14.9M
6 Pier Capital, LLC 1.03% 948,749 $6.2M
7 KR Capital LP 0.97% 732,064 $4.8M
8 Nishkama Capital, LLC 0.83% 1,994,159 $13.1M
9 CenterBook Partners LP 0.73% 2,072,629 $13.6M
10 Hussman Strategic Advisors, INC. 0.60% 420,000 $2.8M
11 Torrey Growth & Income Advisors 0.47% 175,586 $1.1M
12 CoreCommodity Management, LLC 0.44% 362,241 $2.4M
13 SCP Investment, LP 0.42% 58,000 $382K
14 Heartland Advisors Inc 0.35% 1,056,175 $6.9M
15 Trium Capital LLP 0.35% 74,797 $492K
16 Atom Investors LP 0.22% 475,071 $3.1M
17 Ridge Creek Global, Inc 0.20% 35,750 $235K
18 Arosa Capital Management LP 0.20% 200,000 $1.3M
19 Round Rock Advisors LLC 0.16% 162,956 $1.1M
20 Precision Wealth Strategies, LLC 0.14% 65,054 $428K
21 Scientech Research LLC 0.13% 23,745 $156K
22 Militia Capital Management LLC 0.12% 78,400 $516K
23 EntryPoint Capital, LLC 0.11% 54,696 $360K
24 Green Alpha Advisors, LLC 0.10% 16,030 $105K
25 Headlands Technologies LLC 0.10% 137,655 $906K
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 — Shoals Technologies Group In (SHLS)

What does the Smart Money Trend signal show for SHLS?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added SHLS 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 SHLS?

Slight buying edge — 53% buying: Last quarter: 161 funds bought or added vs 140 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 SHLS holders?

Elite ownership — 43% AUM from top-100 funds: 48 of 265 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in SHLS. 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 SHLS?

50% of holders stayed for 2+ years: 135 out of 271 hedge funds have held SHLS 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 Shoals Technologies Group In (SHLS) following the 2026 Q1 hedge fund 13F filings?

As of today, SHLS has moved +5.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +9.1% for the XLK sector ETF — an outperformance of -3.2%. Since the quarter end (March 31, 2026), SHLS has gained +66.3% vs +44.8% for XLK. 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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