Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Siga Technologies Inc (SIGA)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -21
Streak
2Q ▼
Buyers last Q
52%

Smart Money Signals — SIGA

Based on 158 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their SIGA 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 — 80% of 3.0Y peak

80% of all-time peak
158 funds currently hold this stock — 80% of the 3.0-year high of 198 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 10% fewer funds vs a year ago

fund count last 6Q
18 fewer hedge funds hold SIGA compared to a year ago (-10% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 52% buying

95 buying86 selling
Last quarter: 95 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 (-7 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 39 → 26 → 25 → 18. 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.
🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 20% medium ■ 18% new
98 out of 158 hedge funds have held SIGA 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 -30%

Value
-30%
Shares
+2%
Last quarter: funds added +2% more shares while total portfolio value only changed -30%. 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

38 → 39 → 26 → 25 → 18 new funds/Q
New funds entering each quarter: 39 → 26 → 25 → 18. SIGA 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 — 67% veterans vs 19% newcomers

■ 67% veterans ■ 14% 1-2yr ■ 19% new
Entry-cohort mix of 160 holders: 107 (67%) are 2+ year veterans, 22 entered 1–2 years ago, and 31 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 57% AUM from top-100 funds

57% from top-100 AUM funds
47 of 157 holders are among the 100 largest funds by AUM, controlling 57% of total institutional value in SIGA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.4
out of 10
Low Exit Risk
Exit risk score 2.4/10 — 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 — SIGA

In 2026 Q2, 95 hedge funds were net buyers of SIGA (18 opened a new position, 77 added to an existing one), while 86 reduced or exited (47 trimmed, 39 sold completely) — a 52% buyer ratio, indicating a slight buying edge. Net selling has persisted for two consecutive quarters. 57% of total institutional value in SIGA is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -21 funds (more exits than new entries). Total institutional holders: 158.

Hedge Fund Ownership: SIGA

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

Market Analysis: SIGA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SIGA

-- --

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

9 top-rated funds 0 high-conviction
Consensus
4.3
/ 10
breadth
×
Elite
0.5
/ 10
conviction
Hedge Fund Positioning: SIGA
157 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 157 179 -12.29%
13F Shares 35M 34M 2.14%
Total Value $125M $178M -29.98%
New Positions 18 25 -7
Increased Positions 77 68 +9
Closed Positions 39 44 -5
Reduced Positions 46 64 -18
Total Calls 2 0 100%
Total Puts 1 0 100%
PUT/CALL Ratio 0.5 0.0 Bullish

Statistics: SIGA

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

157 + investors

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

QUARTER:
Top 25 SIGA holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 First Wilshire Securities Management Inc 1.00% 1,339,883 $4.9M
2 AltraVue Capital, LLC 0.61% 2,327,144 $8.5M
3 SummerHaven Investment Management, LLC 0.20% 101,025 $368K
4 Uniplan Investment Counsel, Inc. 0.19% 560,353 $2.0M
5 Legato Capital Management LLC 0.15% 512,039 $1.9M
6 Denali Advisors LLC 0.15% 414,436 $1.5M
7 Significant Wealth Partners LLC 0.10% 25,192 $92K
8 October Effect Ltd 0.07% 19,000 $69K
9 Washington Growth Strategies LLC 0.05% 26,216 $95K
10 Abel Hall, LLC 0.03% 45,563 $166K
11 R Squared Ltd 0.03% 14,793 $54K
12 Campbell & CO Investment Adviser LLC 0.02% 121,177 $441K
13 Atom Investors LP 0.02% 57,464 $209K
14 Inspire Advisors, LLC 0.02% 68,789 $250K
15 Royce & Associates LP 0.02% 551,010 $2.0M
16 Viking Fund Management LLC 0.01% 40,000 $146K
17 Segall Bryant & Hamill, LLC 0.01% 273,522 $996K
18 Cambria Investment Management, L.P. 0.01% 65,033 $237K
19 Hotchkis & Wiley Capital Management LLC 0.01% 914,047 $3.3M
20 Strategic Blueprint, LLC 0.01% 50,065 $182K
21 WINTON GROUP Ltd 0.01% 75,647 $275K
22 Martingale Asset Management L P 0.01% 92,341 $336K
23 Jacobs Levy Equity Management, Inc 0.01% 566,863 $2.1M
24 Headlands Technologies LLC 0.01% 15,442 $56K
25 State of Wyoming 0.01% 15,350 $56K
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 — Siga Technologies Inc (SIGA)

What does the Smart Money Trend signal show for SIGA?

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

Slight buying edge — 52% buying: Last quarter: 95 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 SIGA holders?

Elite ownership — 57% AUM from top-100 funds: 47 of 157 holders are among the 100 largest funds by AUM, controlling 57% of total institutional value in SIGA. 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 SIGA?

62% of holders stayed for 2+ years: 98 out of 158 hedge funds have held SIGA 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.

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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