Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Virgin Galactic Holdings Inc (SPCE)

160 + 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
↑ +3
Streak
3Q ▲
Buyers last Q
52%

Smart Money Signals — SPCE

Based on 161 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 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.
🔻

Below peak — only 67% of 3.0Y high

67% of all-time peak
Only 161 funds hold SPCE today versus a peak of 241 funds at 2023 Q4 — just 67% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding SPCE is almost the same as a year ago (+5 funds, +3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 52% buying

79 buying72 selling
Last quarter: 79 funds bought or added vs 72 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.
➡️

Steady new buyers — ~37 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 32 → 34 → 40 → 37. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

55% of holders stayed for 2+ years

■ 55% conviction (2yr+) ■ 20% medium ■ 25% new
88 out of 161 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.
💎

Buying through price weakness — shares -13%, value -29%

Value
-28%
Shares
-12%
Last quarter: funds added -13% more shares while total portfolio value only changed -29%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

32 → 32 → 34 → 40 → 37 new funds/Q
New funds entering each quarter: 32 → 34 → 40 → 37. A growing number of institutions are discovering SPCE each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 63% veterans vs 25% newcomers

■ 63% veterans ■ 12% 1-2yr ■ 25% new
Entry-cohort mix of 171 holders: 108 (63%) are 2+ year veterans, 20 entered 1–2 years ago, and 43 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 40% AUM from top-100 funds

40% from top-100 AUM funds
29 of 155 holders are among the 100 largest funds by AUM, controlling 40% 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.
2.1
out of 10
Low Exit Risk
Exit risk score 2.1/10 — 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 Q1, 79 hedge funds were net buyers of SPCE (37 opened a new position, 42 added to an existing one), while 72 reduced or exited (38 trimmed, 34 sold completely) — a 52% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 40% of total institutional value in SPCE is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +3 funds (more new holders than closures). Total institutional holders: 161.

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.

Is It Too Late to Buy Virgin Galactic Holdings Inc (SPCE) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much SPCE has moved relative to its sector benchmark (XLI) 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 · 87d ago
SPCE
+2.9%
XLI
+11.8%

SPCE outperformed XLI by -8.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 42d ago
SPCE
-11.0%
XLI
+5.5%

Since the filing became public, SPCE outperformed XLI by -16.5% .

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.

12 top-rated funds 0 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
0.0
/ 10
conviction
Hedge Fund Positioning: SPCE
160 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 160 158 1.27%
13F Shares 24M 27M -12.81%
Total Value $63M $89M -28.71%
New Positions 36 40 -4
Increased Positions 34 38 -4
Closed Positions 34 34 -
Reduced Positions 36 29 +7
Total Calls 8 13 -38.46%
Total Puts 7 14 -50.0%
PUT/CALL Ratio 0.88 1.08 Neutral

Statistics: SPCE

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Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
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
Revenue (ttm) --
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)

160 + 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 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Measured Wealth Private Client Group, LLC 0.08% 125,490 $305K
2 CTC Alternative Strategies, Ltd. 0.06% 11,111 $27K
3 Bayesian Capital Management, LP 0.05% 17,800 $43K
4 Wolverine Asset Management LLC 0.04% 1,697,600 $4.1M
5 683 Capital Management, LLC 0.04% 280,160 $681K
6 Crawford Fund Management, LLC 0.03% 65,000 $158K
7 XTX Topco Ltd 0.02% 466,142 $1.1M
8 Themes Management Co LLC 0.02% 12,548 $30K
9 Abc Arbitrage SA 0.02% 48,938 $119K
10 Diametric Capital, LP 0.01% 22,859 $56K
11 Gmt Capital Corp 0.01% 119,193 $290K
12 Susquehanna Portfolio Strategies, LLC 0.01% 262,862 $639K
13 Two Sigma Securities, LLC 0.01% 20,602 $50K
14 Catalyst Funds Management Pty Ltd 0.00% 10,400 $25K
15 Bridgeway Capital Management, LLC 0.00% 85,000 $207K
16 Marathon Trading Investment Management LLC 0.00% 43,090 $105K
17 Hrt Financial LP 0.00% 395,050 $959K
18 NFSG Corp 0.00% 5,950 $14K
19 Engineers Gate Manager LP 0.00% 77,753 $189K
20 Walleye Trading LLC 0.00% 554,600 $1.3M
21 Central Pacific Bank - Trust Division 0.00% 6,906 $17K
22 Quadrature Capital Ltd 0.00% 72,235 $176K
23 SBI Securities Co., Ltd. 0.00% 30,409 $74K
24 Westside Investment Management, Inc. 0.00% 5,000 $12K
25 Point72 Asset Management, L.P. 0.00% 515,177 $1.3M
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 — 3 quarters in a row: For 3 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?

Slight buying edge — 52% buying: Last quarter: 79 funds bought or added vs 72 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 SPCE holders?

Elite ownership — 40% AUM from top-100 funds: 29 of 155 holders are among the 100 largest funds by AUM, controlling 40% 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?

55% of holders stayed for 2+ years: 88 out of 161 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.

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

As of today, SPCE has moved -11.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.5% for the XLI sector ETF — an outperformance of -16.5%. Since the quarter end (March 31, 2026), SPCE has gained +2.9% vs +11.8% for XLI. 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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