Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Southwest Gas Hldgs Inc (SWX)

402 + 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
↑ +14
Streak
4Q ▲
Buyers last Q
59%

Smart Money Signals — SWX

Based on 406 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 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
406 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.
🚀

Fast accumulation — +25% more funds vs a year ago

fund count last 6Q
+80 new funds entered over the past year (+25% 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.
🟡

Slight buying edge — 59% buying

227 buying156 selling
Last quarter: 227 funds bought or added vs 156 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.
⚠️

Fewer new buyers each quarter (-29 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 48 → 57 → 87 → 58. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 18% medium ■ 22% new
244 out of 406 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.
📈

Growing discovery — still being found

47 → 48 → 57 → 87 → 58 new funds/Q
New funds entering each quarter: 48 → 57 → 87 → 58. A growing number of institutions are discovering SWX each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 65% veterans vs 24% newcomers

■ 65% veterans ■ 11% 1-2yr ■ 24% new
Entry-cohort mix of 407 holders: 264 (65%) are 2+ year veterans, 44 entered 1–2 years ago, and 99 (24%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 57% AUM from top-100 funds

57% from top-100 AUM funds
58 of 406 holders are among the 100 largest funds by AUM, controlling 57% of total institutional value in SWX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.9
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.

Institutional Sentiment Summary — SWX

In 2026 Q2, 227 hedge funds were net buyers of SWX (58 opened a new position, 169 added to an existing one), while 156 reduced or exited (112 trimmed, 44 sold completely) — a 59% buyer ratio, indicating a slight buying edge. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 57% of total institutional value in SWX is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +14 funds (more new holders than closures). Total institutional holders: 406.

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

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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.

17 top-rated funds 0 high-conviction
Consensus
5.5
/ 10
breadth
×
Elite
1.5
/ 10
conviction
Hedge Fund Positioning: SWX
402 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 402 392 2.55%
13F Shares 67M 65M 2.71%
Total Value $5.74B $5.48B 4.75%
New Positions 57 87 -30
Increased Positions 167 154 +13
Closed Positions 47 42 +5
Reduced Positions 111 95 +16
Total Calls 0 1 -100.0%
Total Puts 1 0 100%
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: SWX

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Institutional Holders (2026 Q2)

402 + 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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Corvex Management LP 8.69% 3,208,538 $284.5M
2 Channing Capital Management, LLC 2.19% 1,074,868 $95.3M
3 Verbena Value LP 1.76% 120,146 $10.7M
4 Ausbil Investment Management Ltd 1.59% 39,709 $3.5M
5 Maverick Capital Ltd 1.48% 1,889,558 $167.6M
6 Aventail Capital Group, LP 1.26% 247,816 $22.0M
7 Moody Aldrich Partners LLC 1.06% 66,299 $5.9M
8 River Road Asset Management, LLC 0.85% 865,242 $76.7M
9 Gamco Investors, INC. Et Al 0.61% 764,194 $67.8M
10 Sourcerock Group LLC 0.54% 117,443 $10.4M
11 Gabelli Funds LLC 0.54% 950,843 $84.3M
12 Kayne Anderson Capital Advisors LP 0.46% 266,765 $23.7M
13 O'Keefe Stevens Advisory, Inc. 0.41% 22,572 $2.0M
14 Sagefield Capital LP 0.37% 56,152 $5.0M
15 Algert Global LLC 0.35% 334,640 $29.7M
16 Kennedy Capital Management LLC 0.34% 218,898 $19.4M
17 Dockside LLC 0.32% 15,392 $1.4M
18 Massachusetts Wealth Management 0.28% 8,235 $730K
19 Hennessy Advisors Inc 0.26% 90,417 $8.0M
20 Odyssean, LLC 0.25% 17,178 $1.5M
21 BTG Pactual Asset Management US LLC 0.25% 44,840 $4.0M
22 Lighthouse Investment Partners, LLC 0.23% 95,895 $8.5M
23 Zimmer Partners, LP 0.22% 108,159 $9.6M
24 Ti-Trust, Inc 0.22% 4,615 $409K
25 Numerai GP LLC 0.20% 27,143 $2.4M
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 — 4 quarters in a row: For 4 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?

Slight buying edge — 59% buying: Last quarter: 227 funds bought or added vs 156 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 SWX holders?

Elite ownership — 57% AUM from top-100 funds: 58 of 406 holders are among the 100 largest funds by AUM, controlling 57% of total institutional value in SWX. 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 SWX?

60% of holders stayed for 2+ years: 244 out of 406 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.

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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