Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Soluna Holdings Inc (SLNH)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -4
Streak
1Q ▼
Buyers last Q
52%

Smart Money Signals — SLNH

Based on 41 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 SLNH 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 — 91% of 3.0Y peak

91% of all-time peak
41 funds currently hold this stock — 91% of the 3.0-year high of 45 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +128% more funds vs a year ago

fund count last 6Q
+23 new funds entered over the past year (+128% 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 — 52% buying

24 buying22 selling
Last quarter: 24 funds bought or added vs 22 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 (-12 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 5 → 21 → 21 → 9. 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.
🔄

Mostly new holders — 63% entered in last year

■ 10% conviction (2yr+) ■ 27% medium ■ 63% new
Only 4 funds (10%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💎

Buying through price weakness — shares -17%, value -50%

Value
-49%
Shares
-17%
Last quarter: funds added -17% more shares while total portfolio value only changed -50%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~9 new funds/quarter

5 → 5 → 21 → 21 → 9 new funds/Q
New funds entering each quarter: 5 → 21 → 21 → 9. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱

Early stage — 66% of holders entered in last year

■ 15% veterans ■ 20% 1-2yr ■ 66% new
Of 41 current holders: 27 (66%) entered in the past year, only 6 (15%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
🏆

Elite ownership — 42% AUM from top-100 funds

42% from top-100 AUM funds
10 of 41 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in SLNH. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
5.7
out of 10
Moderate Exit Risk
Exit risk score 5.7/10 — 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 — SLNH

In 2026 Q1, 24 hedge funds were net buyers of SLNH (9 opened a new position, 15 added to an existing one), while 22 reduced or exited (9 trimmed, 13 sold completely) — a 52% buyer ratio, indicating a slight buying edge. 42% of total institutional value in SLNH is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -4 funds (more exits than new entries). Total institutional holders: 41.

Hedge Fund Ownership: SLNH

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

Market Analysis: SLNH

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SLNH

-- --

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

Is It Too Late to Buy Soluna Holdings Inc (SLNH) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much SLNH has moved relative to its sector benchmark (XLF) 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 · 85d ago
SLNH
+127.8%
XLF
+8.8%

SLNH outperformed XLF by +119.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 40d ago
SLNH
-27.5%
XLF
+5.1%

Since the filing became public, SLNH outperformed XLF by -32.6% .

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.

4 top-rated funds 0 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: SLNH
40 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 40 45 -11.11%
13F Shares 10M 12M -17.43%
Total Value $7M $14M -49.68%
New Positions 8 21 -13
Increased Positions 15 15 -
Closed Positions 13 11 +2
Reduced Positions 9 5 +4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: SLNH

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Valuation Measures Data as of: --

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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
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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)

40 + investors

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

QUARTER:
Top 25 SLNH holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Yorkville Advisors Global, LP 0.15% 335,976 $237K
2 Diametric Capital, LP 0.08% 442,942 $313K
3 Intrinsic Edge Capital Management LLC 0.04% 350,000 $247K
4 Meramec Financial Planners, LLC 0.02% 38,659 $54K
5 Arcadia Wealth Management, Inc. 0.01% 24,300 $17K
6 Fiduciary Alliance LLC 0.01% 89,932 $94K
7 Two Sigma Securities, LLC 0.01% 64,324 $45K
8 Prelude Capital Management, LLC 0.00% 67,413 $48K
9 Matauro, LLC 0.00% 33,681 $24K
10 Mgo One Seven LLC 0.00% 121,504 $86K
11 Proficio Capital Partners LLC 0.00% 37,000 $26K
12 Azora Capital LP 0.00% 23,934 $17K
13 XTX Topco Ltd 0.00% 86,689 $61K
14 Renaissance Technologies LLC 0.00% 835,277 $590K
15 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% 796,652 $563K
16 OMERS ADMINISTRATION Corp 0.00% 107,100 $76K
17 Marshall Wace, LLP 0.00% 587,033 $417K
18 Vident Advisory, LLC 0.00% 66,403 $47K
19 SBI Securities Co., Ltd. 0.00% 11,027 $8K
20 Hrt Financial LP 0.00% 80,755 $57K
21 Timmons Wealth Management, LLC 0.00% 195 —
22 UBS Group AG 0.00% 890,303 $629K
23 Vanguard Fiduciary Trust Co 0.00% 293,590 $208K
24 Quantbot Technologies LP 0.00% 1,382 —
25 Graney & King, LLC 0.00% 42 —
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 — Soluna Holdings Inc (SLNH)

What does the Smart Money Trend signal show for SLNH?

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

Slight buying edge — 52% buying: Last quarter: 24 funds bought or added vs 22 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 SLNH holders?

Elite ownership — 42% AUM from top-100 funds: 10 of 41 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in SLNH. 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 SLNH?

Mostly new holders — 63% entered in last year: Only 4 funds (10%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Soluna Holdings Inc (SLNH) following the 2026 Q1 hedge fund 13F filings?

As of today, SLNH has moved -27.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.1% for the XLF sector ETF — an outperformance of -32.6%. Since the quarter end (March 31, 2026), SLNH has gained +127.8% vs +8.8% for XLF. 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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