Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Soleno Therapeutics Inc (SLNO)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -23
Streak
1Q ▼
Buyers last Q
50%

Smart Money Signals — SLNO

Based on 221 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 SLNO 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
221 funds currently hold this stock — 91% of the 3.0-year high of 244 funds (reached 2025 Q4). 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 SLNO is almost the same as a year ago (+4 funds, +2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 50% buying

137 buying138 selling
Last quarter: 137 funds bought or added vs 138 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 (-21 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 51 → 57 → 62 → 41. 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.
📌

Mixed — 34% long-term, 33% new

■ 34% conviction (2yr+) ■ 33% medium ■ 33% new
Of the 221 current holders: 75 (34%) held >2 years, 73 held 1–2 years, and 73 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💎

Buying through price weakness — shares -14%, value -36%

Value
-35%
Shares
-14%
Last quarter: funds added -14% more shares while total portfolio value only changed -36%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~41 new funds/quarter

70 → 51 → 57 → 62 → 41 new funds/Q
New funds entering each quarter: 51 → 57 → 62 → 41. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 39% veterans, 41% new entrants

■ 39% veterans ■ 19% 1-2yr ■ 41% new
Of 232 current holders: 91 (39%) held 2+ years, 45 held 1–2 years, 96 (41%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
✅

Strong quality — 39% AUM from major funds

39% from top-100 AUM funds
41 of 219 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — 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 — SLNO

In 2026 Q1, 137 hedge funds were net buyers of SLNO (41 opened a new position, 96 added to an existing one), while 138 reduced or exited (74 trimmed, 64 sold completely) — a 50% buyer ratio, indicating a slight buying edge. 39% of total institutional value in SLNO is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -23 funds (more exits than new entries). Total institutional holders: 221.

Hedge Fund Ownership: SLNO

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

Market Analysis: SLNO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SLNO

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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.

21 top-rated funds 2 high-conviction
Consensus
5.8
/ 10
breadth
×
Elite
2.5
/ 10
conviction
Hedge Fund Positioning: SLNO
220 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 220 244 -9.84%
13F Shares 59M 68M -13.97%
Total Value $1.93B $3.01B -35.9%
New Positions 41 62 -21
Increased Positions 87 102 -15
Closed Positions 65 54 +11
Reduced Positions 71 66 +5
Total Calls 7 20 -65.0%
Total Puts 6 10 -40.0%
PUT/CALL Ratio 0.86 0.5 Neutral

Statistics: SLNO

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Institutional Holders (2026 Q1)

220 + investors

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

QUARTER:
Top 25 SLNO holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Ally Bridge Group (NY) LLC 5.41% 200,000 $6.7M
2 Ally Bridge Group (NY) LLC 5.41% 200,000 $6.7M
3 Khrom Capital Management LLC 4.63% 1,511,481 $50.6M
4 Buckley Capital Advisors, LLC 4.37% 181,750 $6.1M
5 Catalio Capital Management, LP 4.04% 577,808 $19.3M
6 Nantahala Capital Management, LLC 2.15% 1,744,124 $58.4M
7 Kingdon Capital Management, L.L.C. 2.11% 575,000 $19.3M
8 HighVista Strategies LLC 1.53% 165,227 $5.5M
9 KVP Capital Advisors, LP 1.49% 59,700 $2.0M
10 Readystate Asset Management LP 1.43% 952,165 $31.9M
11 Commodore Capital LP 1.26% 652,432 $21.8M
12 Seven Fleet Capital Management LP 1.23% 115,770 $3.9M
13 Kynam Capital Management, LP 1.16% 560,000 $18.7M
14 Sphera Funds Management LTD. 1.15% 216,281 $7.2M
15 Braidwell LP 1.07% 959,259 $32.1M
16 Exome Asset Management LLC 1.07% 61,673 $2.1M
17 Ikarian Capital, LLC 0.94% 344,123 $11.5M
18 Nantahala Capital Management, LLC 0.92% 750,000 $25.1M
19 Boxer Capital Management, LLC 0.88% 200,000 $6.7M
20 Vivo Capital, LLC 0.82% 294,909 $9.9M
21 PFM Health Sciences, LP 0.76% 248,180 $8.3M
22 Avoro Capital Advisors LLC 0.76% 2,300,000 $77.0M
23 Atle Fund Management AB 0.71% 90,184 $2.2M
24 Penn Capital Management Company, LLC 0.70% 268,785 $9.0M
25 Vestal Point Capital, LP 0.68% 730,000 $24.4M
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 — Soleno Therapeutics Inc (SLNO)

What does the Smart Money Trend signal show for SLNO?

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

Slight buying edge — 50% buying: Last quarter: 137 funds bought or added vs 138 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 SLNO holders?

Strong quality — 39% AUM from major funds: 41 of 219 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held SLNO?

Mixed — 34% long-term, 33% new: Of the 221 current holders: 75 (34%) held >2 years, 73 held 1–2 years, and 73 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

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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