Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Southwest Gas Hldgs Inc (SWX)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +44
Streak
3Q ▲
Buyers last Q
63%

Smart Money Signals — SWX

Based on 390 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 SWX 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
390 hedge funds hold SWX 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.
📶

Steady growth — +14% more funds vs a year ago

fund count last 6Q
+49 new funds entered over the past year (+14% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 63% buying

240 buying138 selling
Last quarter: 240 funds were net buyers (87 opened a brand new position + 153 added to an existing one). Only 138 were sellers (95 trimmed + 43 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+30 vs last Q)

new funds entering per quarter
Funds opening a new SWX position: 46 → 48 → 57 → 87. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

58% of holders stayed for 2+ years

■ 58% conviction (2yr+) ■ 20% medium ■ 22% new
226 out of 390 hedge funds have held SWX 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.
🚀

Acceleration phase — new buyers rushing in

60 → 46 → 48 → 57 → 87 new funds/Q
New funds entering each quarter: 46 → 48 → 57 → 87. 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 — 65% veterans vs 26% newcomers

■ 65% veterans ■ 9% 1-2yr ■ 26% new
Entry-cohort mix of 391 holders: 253 (65%) are 2+ year veterans, 35 entered 1–2 years ago, and 103 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 35% AUM from major funds

35% from top-100 AUM funds
54 of 390 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — 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 — SWX

In 2026 Q1, 240 hedge funds were net buyers of SWX (87 opened a new position, 153 added to an existing one), while 138 reduced or exited (95 trimmed, 43 sold completely) — a 63% buyer ratio, indicating clear institutional accumulation. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 35% of total institutional value in SWX is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +44 funds (more new holders than closures). Total institutional holders: 390.

Hedge Fund Ownership: SWX

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

Market Analysis: SWX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SWX

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Southwest Gas Hldgs Inc (SWX) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much SWX has moved relative to its sector benchmark (XLU) 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 · 78d ago
SWX
+0.2%
XLU
-3.1%

SWX outperformed XLU by +3.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
SWX
-0.7%
XLU
+89.7%

Since the filing became public, SWX outperformed XLU by -90.4% .

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.

32 top-rated funds 2 high-conviction
Consensus
6.6
/ 10
breadth
×
Elite
2.1
/ 10
conviction
Hedge Fund Positioning: SWX
388 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 388 346 12.14%
13F Shares 65M 66M -2.18%
Total Value $5.42B $5.27B 2.78%
New Positions 86 57 +29
Increased Positions 152 107 +45
Closed Positions 44 40 +4
Reduced Positions 94 126 -32
Total Calls 1 0 100%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: SWX

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Institutional Holders (2026 Q1)

388 + investors

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

QUARTER:
Top 25 SWX holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Corvex Management LP 14.92% 4,318,161 $375.2M
2 Channing Capital Management, LLC 2.46% 1,106,831 $96.2M
3 Verbena Value LP 2.36% 166,246 $14.4M
4 Maverick Capital Ltd 2.13% 2,126,927 $184.8M
5 Ausbil Investment Management Ltd 1.73% 39,709 $3.5M
6 Moody Aldrich Partners LLC 1.32% 84,002 $7.3M
7 Zimmer Partners, LP 1.27% 606,922 $52.7M
8 River Road Asset Management, LLC 0.89% 903,750 $78.5M
9 Gamco Investors, INC. Et Al 0.67% 782,818 $68.0M
10 Icon Advisers Inc/Co 0.60% 30,000 $2.6M
11 Gabelli Funds LLC 0.57% 966,089 $84.0M
12 Neo Ivy Capital Management 0.54% 23,690 $2.1M
13 BW Gestao de Investimentos Ltda. 0.48% 165,257 $14.4M
14 O'Keefe Stevens Advisory, Inc. 0.47% 21,990 $1.9M
15 Sourcerock Group LLC 0.45% 128,669 $11.2M
16 Kayne Anderson Capital Advisors LP 0.36% 216,680 $18.8M
17 MQS Management LLC 0.32% 5,425 $471K
18 Massachusetts Wealth Management 0.31% 8,235 $716K
19 Hennessy Advisors Inc 0.28% 90,417 $7.9M
20 iSAM Funds (UK) Ltd 0.27% 6,201 $539K
21 Fuller & Thaler Asset Management, INC. 0.24% 829,634 $72.1M
22 Aventail Capital Group, LP 0.24% 57,904 $5.0M
23 Ti-Trust, Inc 0.24% 4,615 $401K
24 EntryPoint Capital, LLC 0.23% 8,905 $774K
25 Nexpoint Asset Management, L.P. 0.23% 38,650 $3.4M
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 — Southwest Gas Hldgs Inc (SWX)

What does the Smart Money Trend signal show for SWX?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added SWX 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 SWX?

More buyers than sellers — 63% buying: Last quarter: 240 funds were net buyers (87 opened a brand new position + 153 added to an existing one). Only 138 were sellers (95 trimmed + 43 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for SWX holders?

Strong quality — 35% AUM from major funds: 54 of 390 holders rank in the top 100 by AUM, accounting for 35% 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 SWX?

58% of holders stayed for 2+ years: 226 out of 390 hedge funds have held SWX 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 Southwest Gas Hldgs Inc (SWX) following the 2026 Q1 hedge fund 13F filings?

As of today, SWX has moved -0.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to +89.7% for the XLU sector ETF — an outperformance of -90.4%. Since the quarter end (March 31, 2026), SWX has gained +0.2% vs -3.1% for XLU. 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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