Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Virgin Galactic Holdings Inc (SPCE)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +37
Streak
4Q ▲
Buyers last Q
66%

Smart Money Signals — SPCE

Based on 199 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added SPCE 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.
📊

High ownership — 82% of 3.0Y peak

82% of all-time peak
199 funds currently hold this stock — 82% of the 3.0-year high of 242 funds (reached 2023 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +35% more funds vs a year ago

fund count last 6Q
+52 new funds entered over the past year (+35% 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 — 66% buying

135 buying71 selling
Last quarter: 135 funds were net buyers (79 opened a brand new position + 56 added to an existing one). Only 71 were sellers (29 trimmed + 42 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+41 vs last Q)

new funds entering per quarter
Funds opening a new SPCE position: 34 → 40 → 38 → 79. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

53% of holders stayed for 2+ years

■ 53% conviction (2yr+) ■ 20% medium ■ 27% new
106 out of 199 hedge funds have held SPCE 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.
💰

Value +254% but shares only +227% — price-driven

Value
+253%
Shares
+227%
Last quarter: the total dollar value of institutional holdings rose +254%, but actual share count only changed +227%. 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.
🚀

Acceleration phase — new buyers rushing in

33 → 34 → 40 → 38 → 79 new funds/Q
New funds entering each quarter: 34 → 40 → 38 → 79. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 67% veterans vs 22% newcomers

■ 67% veterans ■ 12% 1-2yr ■ 22% new
Entry-cohort mix of 221 holders: 147 (67%) are 2+ year veterans, 26 entered 1–2 years ago, and 48 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 56% AUM from top-100 funds

56% from top-100 AUM funds
39 of 189 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in SPCE. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.1
out of 10
Low Exit Risk
Exit risk score 3.1/10 — 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 — SPCE

In 2026 Q2, 135 hedge funds were net buyers of SPCE (79 opened a new position, 56 added to an existing one), while 71 reduced or exited (29 trimmed, 42 sold completely) — a 66% buyer ratio, indicating clear institutional accumulation. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 56% of total institutional value in SPCE is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +37 funds (more new holders than closures). Total institutional holders: 199.

Hedge Fund Ownership: SPCE

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

Market Analysis: SPCE

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SPCE

-- --

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.

12 top-rated funds 0 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: SPCE
189 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 189 162 16.67%
13F Shares 78M 24M 227.32%
Total Value $225M $63M 253.62%
New Positions 79 38 +41
Increased Positions 57 34 +23
Closed Positions 42 35 +7
Reduced Positions 22 36 -14
Total Calls 15 8 87.5%
Total Puts 16 7 128.57%
PUT/CALL Ratio 1.07 0.88 Neutral

Statistics: SPCE

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

189 + investors

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

QUARTER:
Top 25 SPCE holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Context Capital Management, LLC 0.37% 6,559,681 $19.0M
2 Focus Financial Network, Inc. 0.21% 2,380,623 $6.9M
3 Kultura Capital Management LP 0.13% 242,700 $701K
4 Measured Wealth Private Client Group, LLC 0.09% 125,490 $363K
5 RBF Capital, LLC 0.07% 616,185 $1.8M
6 Avantax Planning Partners, Inc. 0.06% 867,718 $2.5M
7 Abc Arbitrage SA 0.06% 188,496 $545K
8 Wolverine Asset Management LLC 0.05% 1,772,600 $5.1M
9 Crawford Fund Management, LLC 0.02% 55,000 $159K
10 Themes Management Co LLC 0.02% 11,796 $34K
11 Shaolin Capital Management LLC 0.02% 140,126 $405K
12 Headlands Technologies LLC 0.01% 37,301 $108K
13 Renaissance Technologies LLC 0.01% 2,808,095 $8.1M
14 Aspen Grove Capital, LLC 0.01% 20,000 $58K
15 Axq Capital, LP 0.01% 25,522 $74K
16 Vista Investment Partners LLC 0.01% 10,650 $31K
17 Balyasny Asset Management L.P. 0.01% 1,920,000 $5.5M
18 Ursa Fund Management, LLC 0.01% 25,000 $72K
19 NFSG Corp 0.01% 15,425 $45K
20 Susquehanna Portfolio Strategies, LLC 0.00% 105,098 $304K
21 Childress Capital Advisors, LLC 0.00% 10,217 $30K
22 Bridgeway Capital Management, LLC 0.00% 85,000 $246K
23 Marathon Trading Investment Management LLC 0.00% 42,890 $124K
24 SBI Securities Co., Ltd. 0.00% 49,582 $143K
25 Walleye Trading LLC 0.00% 918,300 $2.7M
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 — Virgin Galactic Holdings Inc (SPCE)

What does the Smart Money Trend signal show for SPCE?

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

More buyers than sellers — 66% buying: Last quarter: 135 funds were net buyers (79 opened a brand new position + 56 added to an existing one). Only 71 were sellers (29 trimmed + 42 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for SPCE holders?

Elite ownership — 56% AUM from top-100 funds: 39 of 189 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in SPCE. 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 SPCE?

53% of holders stayed for 2+ years: 106 out of 199 hedge funds have held SPCE 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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