Spark I Acquisition Corp (SPKLW): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Spark I Acquisition Corp (SPKLW) following the 2026 Q1 hedge fund 13F filings?

As of today, SPKLW has moved +0.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.3% for the SPY sector ETF — an outperformance of -1.3%. Since the quarter end (March 31, 2026), SPKLW gained +22.3% vs +15.1% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Spark I Acquisition Corp (SPKLW)

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

Smart Money Signals — SPKLW

Based on 22 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 3 quarters in a row

last 6Q

For 3 consecutive quarters, more hedge funds reduced or closed their SPKLW positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

🔻

Below peak — only 65% of 3.0Y high

65% of all-time peak

Only 22 funds hold SPKLW today versus a peak of 34 funds at 2025 Q2 — just 65% 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.

📉

Outflows — 27% fewer funds vs a year ago

fund count last 6Q

8 fewer hedge funds hold SPKLW compared to a year ago (-27% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.

🔴

Heavy selling pressure — only 0% buying

0 buying12 selling

Last quarter: 12 funds sold vs only 0 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

➡️

Steady new buyers — ~0 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 6 → 3 → 1 → 0. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 32% medium ■ 5% new

14 out of 22 hedge funds have held SPKLW 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 -21%, value -50%

Value

-49%

-21%

Last quarter: funds added -21% 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.

⚠️

Saturation — most institutions already know this story

3 → 6 → 3 → 1 → 0 new funds/Q

New funds entering each quarter: 6 → 3 → 1 → 0. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.

🏛️

Veteran-anchored — 50% veterans vs 27% newcomers

■ 50% veterans ■ 23% 1-2yr ■ 27% new

Entry-cohort mix of 22 holders: 11 (50%) are 2+ year veterans, 5 entered 1–2 years ago, and 6 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

📋

Smaller funds dominant — 1% AUM from top-100

1% from top-100 AUM funds

1 of 21 holders rank in the top 100 by AUM, but together hold only 1% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

3.9

out of 10

Low Exit Risk

Exit risk score 3.9/10 — 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.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	22	30	-26.67%
13F Shares	3M	3M	-21.01%
Total Value	$570K	$1M	-49.63%
New Positions	0	1	-1
Increased Positions	0	2	-2
Closed Positions	8	3	+5
Reduced Positions	4	5	-1
Total Calls	1	1	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

-26.67%

13F Shares

-21.01%

Total Value

$570K

$1M

-49.63%

New Positions

-1

Increased Positions

-2

Closed Positions

Reduced Positions

-1

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

22 + investors

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

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 20 SPKLW holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Wealthspring Capital LLC	0.01%	127,450	$23K
2	Periscope Capital INC.	0.00%	218,900	$39K
3	MMCAP International Inc. SPC	0.00%	175,000	$32K
4	K2 Principal Fund, L.P.	0.00%	160,220	$29K
5	Shaolin Capital Management LLC	0.00%	288,446	$52K
6	AQR Arbitrage LLC	0.00%	292,331	$53K
7	Polar Asset Management Partners Inc.	0.00%	225,000	$40K
8	Moore Capital Management, LP	0.00%	100,000	$18K
9	Westchester Capital Management, LLC	0.00%	44,785	$8K
10	GABELLI & Co INVESTMENT ADVISERS, INC.	0.00%	12,650	$2K
11	Picton Mahoney Asset Management	0.00%	125,000	$22K
12	Toronto Dominion Bank	0.00%	348,200	$63K
13	Clear Street Group Inc.	0.00%	116,595	$21K
14	Alberta Investment Management Corp	0.00%	75,000	$14K
15	TENOR CAPITAL MANAGEMENT Co., L.P.	0.00%	25,000	$4K
16	Gabelli Funds LLC	0.00%	12,350	$2K
17	Schonfeld Strategic Advisors LLC	0.00%	10,000	$2K
18	Millennium Management LLC	0.00%	125,000	$22K
19	Calamos Advisors LLC	0.00%	12,384	$2K
20	D. E. Shaw & Co., Inc.	0.00%	40,596	$7K

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 — Spark I Acquisition Corp (SPKLW)

What does the Smart Money Trend signal show for SPKLW?

Selling streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds reduced or closed their SPKLW 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 SPKLW?

Heavy selling pressure — only 0% buying: Last quarter: 12 funds sold vs only 0 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for SPKLW holders?

Smaller funds dominant — 1% AUM from top-100: 1 of 21 holders rank in the top 100 by AUM, but together hold only 1% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held SPKLW?

64% of holders stayed for 2+ years: 14 out of 22 hedge funds have held SPKLW 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 Spark I Acquisition Corp (SPKLW) following the 2026 Q1 hedge fund 13F filings?

As of today, SPKLW has moved +0.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.3% for the SPY sector ETF — an outperformance of -1.3%. Since the quarter end (March 31, 2026), SPKLW has gained +22.3% vs +15.1% for SPY. 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.

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Spark I Acquisition Corp (SPKLW)

Smart Money Signals — SPKLW

Selling streak — 3 quarters in a row

Below peak — only 65% of 3.0Y high

Outflows — 27% fewer funds vs a year ago

Heavy selling pressure — only 0% buying

Steady new buyers — ~0 new funds per quarter

64% of holders stayed for 2+ years

Buying through price weakness — shares -21%, value -50%

Saturation — most institutions already know this story

Veteran-anchored — 50% veterans vs 27% newcomers

Smaller funds dominant — 1% AUM from top-100

Institutional Sentiment Summary — SPKLW

Hedge Fund Ownership: SPKLW

Market Analysis: SPKLW

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: SPKLW

Is It Too Late to Buy Spark I Acquisition Corp (SPKLW) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: SPKLW

Statistics: SPKLW

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Spark I Acquisition Corp (SPKLW)

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