Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

SELLAS LIFE SCIENCES GROUP I (SLS)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +24
Streak
4Q ▲
Buyers last Q
75%

Smart Money Signals — SLS

Based on 113 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added SLS 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 (100% of max)

100% of all-time peak
113 hedge funds hold SLS 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 — +290% more funds vs a year ago

fund count last 6Q
+84 new funds entered over the past year (+290% 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.
🟢

More buyers than sellers — 75% buying

84 buying28 selling
Last quarter: 84 funds were net buyers (33 opened a brand new position + 51 added to an existing one). Only 28 were sellers (19 trimmed + 9 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+13 vs last Q)

new funds entering per quarter
Funds opening a new SLS position: 16 → 40 → 20 → 33. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 58% entered in last year

■ 23% conviction (2yr+) ■ 19% medium ■ 58% new
Only 26 funds (23%) 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.
💰

Value +183% but shares only +21% — price-driven

Value
+183%
Shares
+21%
Last quarter: the total dollar value of institutional holdings rose +183%, but actual share count only changed +21%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~33 new funds/quarter

4 → 16 → 40 → 20 → 33 new funds/Q
New funds entering each quarter: 16 → 40 → 20 → 33. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱

Early stage — 59% of holders entered in last year

■ 36% veterans ■ 5% 1-2yr ■ 59% new
Of 124 current holders: 73 (59%) entered in the past year, only 45 (36%) 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.
✅

Strong quality — 39% AUM from major funds

39% from top-100 AUM funds
24 of 113 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.
6.5
out of 10
Moderate Exit Risk
Exit risk score 6.5/10 — 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.

Hedge Fund Ownership: SLS

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

Market Analysis: SLS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SLS

-- --
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

7 top-rated funds 0 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: SLS
2026 Q1 Stats Unlock in 17 days 124 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 124 94 31.91%
13F Shares 47M 39M 21.07%
Total Value $178M $63M 183.47%
New Positions 38 20 +18
Increased Positions 60 43 +17
Closed Positions 9 7 +2
Reduced Positions 24 26 -2
Total Calls 10 5 100.0%
Total Puts 7 2 250.0%
PUT/CALL Ratio 0.7 0.4 Neutral

Statistics: SLS

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Valuation Measures Data as of: --

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

Financial Highlights

Profitability
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Income Statement & Cash Flow
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Institutional Holders (2026 Q1)

124 + investors

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

Top 25 institutional holders of SLS — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 VISION FINANCIAL MARKETS LLC 1.26% 304,400 $1.3M
2 DAGCO, INC. 0.94% 1,028,780 $4.4M
3 FULCRUM WEALTH ADVISORS, LLC 0.38% 109,251 $462K
4 Opus Capital Group, LLC 0.16% 346,452 $1K
5 Everhart Financial Group, Inc. 0.13% 364,397 $1.5M
6 INSTRUMENTAL WEALTH, LLC 0.12% 44,914 $190K
7 VISIONARY HORIZONS, LLC 0.08% 36,000 $152K
8 Grange Capital, LLC 0.07% 17,651 $75K
9 Financial Designs Corp 0.05% 23,327 $99K
10 FULCRUM WEALTH ADVISORS, LLC 0.05% 15,500 $66K
11 Genesee Capital Advisors, LLC 0.05% 30,000 $127K
12 NORTHSTAR ASSET MANAGEMENT Co 0.05% 50,000 $212K
13 ELCO Management Co., LLC 0.03% 14,609 $62K
14 TEMA ETFS LLC 0.03% 90,007 $381K
15 Scissortail Wealth Management, LLC 0.02% 27,322 $116K
16 Accurate Wealth Management, LLC 0.02% 32,611 $159K
17 PROFUND ADVISORS LLC 0.02% 111,794 $473K
18 SJS Investment Consulting Inc. 0.01% 25,000 $106K
19 EWA, LLC 0.01% 12,796 $54K
20 Private Wealth Management Group, LLC 0.01% 10,000 $42K
21 BELLEVUE ASSET MANAGEMENT, LLC 0.01% 2,512 $11K
22 AXXCESS WEALTH MANAGEMENT, LLC 0.00% 35,370 $150K
23 Nemes Rush Group LLC 0.00% 10,000 $42K
24 E Fund Management Co., Ltd. 0.00% 31,354 $133K
25 First Financial Bank - Trust Division 0.00% 10,000 $42K
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 — SELLAS LIFE SCIENCES GROUP I (SLS)

What does the Smart Money Trend signal show for SLS?

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

More buyers than sellers — 75% buying: Last quarter: 84 funds were net buyers (33 opened a brand new position + 51 added to an existing one). Only 28 were sellers (19 trimmed + 9 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for SLS holders?

Strong quality — 39% AUM from major funds: 24 of 113 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 SLS?

Mostly new holders — 58% entered in last year: Only 26 funds (23%) 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.

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.