Hennessy Fds Tr (STNC) Hedge Fund Ownership (Q2 2026)

Hennessy Fds Tr (STNC)

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

Smart Money Signals — STNC

Based on 21 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, more hedge funds reduced or closed their STNC 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

21 funds currently hold this stock — 91% of the 3.0-year high of 23 funds (reached 2024 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.

📉

Outflows — 5% fewer funds vs a year ago

fund count last 6Q

1 fewer hedge funds hold STNC compared to a year ago (-5% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.

🔴

Heavy selling pressure — only 36% buying

5 buying9 selling

Last quarter: 9 funds sold vs only 5 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

➡️

Steady new buyers — ~3 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 3 → 2 → 5 → 3. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

43% of holders stayed for 2+ years

■ 43% conviction (2yr+) ■ 29% medium ■ 29% new

9 out of 21 hedge funds have held STNC 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.

➡️

Steady discovery — ~3 new funds/quarter

5 → 3 → 2 → 5 → 3 new funds/Q

New funds entering each quarter: 3 → 2 → 5 → 3. Consistent flow of new institutional buyers without clear acceleration or slowdown.

🏛️

Veteran-anchored — 43% veterans vs 38% newcomers

■ 43% veterans ■ 19% 1-2yr ■ 38% new

Entry-cohort mix of 21 holders: 9 (43%) are 2+ year veterans, 4 entered 1–2 years ago, and 8 (38%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

📋

Smaller funds dominant — 5% AUM from top-100

5% from top-100 AUM funds

4 of 20 holders rank in the top 100 by AUM, but together hold only 5% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

4.0

out of 10

Moderate Exit Risk

Exit risk score 4.0/10 — 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.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	20	22	-9.09%
13F Shares	1M	1M	-1.96%
Total Value	$42M	$38M	10.9%
New Positions	3	5	-2
Increased Positions	2	3	-1
Closed Positions	4	3	+1
Reduced Positions	5	7	-2
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

-9.09%

13F Shares

-1.96%

Total Value

$42M

$38M

10.9%

New Positions

-2

Increased Positions

-1

Closed Positions

Reduced Positions

-2

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q2)

20 + investors

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

QUARTER:

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

Top 21 STNC holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Stance Capital LLC	5.23%	445,763	$17.2M
2	Robertson Stephens Wealth Management, LLC	0.42%	440,133	$17.0M
3	Horizon Financial Services, LLC	0.03%	2,248	$87K
4	Ausdal Financial Partners, Inc.	0.03%	17,161	$661K
5	Mayflower Financial Advisors, LLC	0.02%	5,335	$205K
6	Lanark Financial, INC.	0.01%	4,880	$188K
7	Gts Securities LLC	0.01%	9,796	$377K
8	Mesirow Financial Investment Management, Inc.	0.01%	10,000	$385K
9	IHT Wealth Management, LLC	0.00%	5,670	$218K
10	Wealth Enhancement Advisory Services, LLC	0.00%	60,690	$2.3M
11	Geneos Wealth Management Inc.	0.00%	656	$25K
12	Hrt Financial LP	0.00%	6,309	$242K
13	Cetera Investment Advisers	0.00%	12,475	$480K
14	Commonwealth Equity Services, LLC	0.00%	6,000	$231K
15	LPL Financial LLC	0.00%	19,241	$741K
16	Arax Advisory Partners	0.00%	588	$23K
17	Osaic Holdings, INC.	0.00%	407	$16K
18	BlackRock, Inc.	0.00%	27,426	$1.1M
19	Morgan Stanley	0.00%	3,380	$130K
20	Fmr LLC	0.00%	3,694	$142K
21	JNBA Financial Advisors	0.00%	—	—

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 — Hennessy Fds Tr (STNC)

What does the Smart Money Trend signal show for STNC?

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

Heavy selling pressure — only 36% buying: Last quarter: 9 funds sold vs only 5 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 STNC holders?

Smaller funds dominant — 5% AUM from top-100: 4 of 20 holders rank in the top 100 by AUM, but together hold only 5% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held STNC?

43% of holders stayed for 2+ years: 9 out of 21 hedge funds have held STNC 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.

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	--

Profit Margin	--
Return on Assets (ttm)	--
Return on Equity (ttm)	--

Revenue (ttm)	--
Net Income Avi to Common (ttm)	--
Diluted EPS (ttm)	--
Total Cash (mrq)	--
Total Debt/Equity (mrq)	--
Levered Free Cash Flow (ttm)	--

Hennessy Fds Tr (STNC)

Smart Money Signals — STNC

Selling streak — 1 quarter in a row

High ownership — 91% of 3.0Y peak

Outflows — 5% fewer funds vs a year ago

Heavy selling pressure — only 36% buying

Steady new buyers — ~3 new funds per quarter

43% of holders stayed for 2+ years

Steady discovery — ~3 new funds/quarter

Veteran-anchored — 43% veterans vs 38% newcomers

Smaller funds dominant — 5% AUM from top-100

Institutional Sentiment Summary — STNC

Hedge Fund Ownership: STNC

Market Analysis: STNC

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: STNC

Hedge Fund Positioning: STNC

Statistics: STNC

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Hennessy Fds Tr (STNC)

Welcome to 13Foresight!