Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Trueblue Inc (TBI)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -4
Streak
1Q ▼
Buyers last Q
46%

Smart Money Signals — TBI

Based on 103 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their TBI 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 69% of 3.0Y high

69% of all-time peak
Only 103 funds hold TBI today versus a peak of 149 funds at 2023 Q4 — just 69% 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 — 8% fewer funds vs a year ago

fund count last 6Q
9 fewer hedge funds hold TBI compared to a year ago (-8% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 46% buying

51 buying60 selling
Last quarter: 60 funds reduced or exited vs 51 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
📈

More new buyers each quarter (+7 vs last Q)

new funds entering per quarter
Funds opening a new TBI position: 15 → 6 → 11 → 18. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

66% of holders stayed for 2+ years

■ 66% conviction (2yr+) ■ 17% medium ■ 17% new
68 out of 103 hedge funds have held TBI 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

15 → 15 → 6 → 11 → 18 new funds/Q
New funds entering each quarter: 15 → 6 → 11 → 18. A growing number of institutions are discovering TBI each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 74% of holders stayed 2+ years

■ 74% veterans ■ 9% 1-2yr ■ 17% new
Of 104 current holders: 77 (74%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 27% AUM from major funds

27% from top-100 AUM funds
35 of 103 holders rank in the top 100 by AUM, accounting for 27% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
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 — TBI

In 2026 Q1, 51 hedge funds were net buyers of TBI (18 opened a new position, 33 added to an existing one), while 60 reduced or exited (38 trimmed, 22 sold completely) — a 46% buyer ratio, indicating roughly balanced activity. 27% of total institutional value in TBI is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -4 funds (more exits than new entries). Total institutional holders: 103.

Hedge Fund Ownership: TBI

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

Market Analysis: TBI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TBI

-- --

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

Is It Too Late to Buy Trueblue Inc (TBI) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much TBI 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 · 76d ago
TBI
+78.5%
XLI
+8.9%

TBI outperformed XLI by +69.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 31d ago
TBI
+23.5%
XLI
+329.7%

Since the filing became public, TBI outperformed XLI by -306.2% .

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.

14 top-rated funds 0 high-conviction
Consensus
5.1
/ 10
breadth
×
Elite
0.7
/ 10
conviction
Hedge Fund Positioning: TBI
102 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 102 107 -4.67%
13F Shares 26M 27M -5.34%
Total Value $100M $124M -18.99%
New Positions 17 11 +6
Increased Positions 33 35 -2
Closed Positions 22 10 +12
Reduced Positions 38 48 -10
Total Calls 1 0 100%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: TBI

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

102 + investors

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

QUARTER:
Top 25 TBI holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Peapod Lane Capital LLC 2.01% 640,010 $2.4M
2 Azarias Capital Management, L.P. 1.76% 1,001,950 $3.9M
3 Prosight Management, LP 0.16% 249,107 $974K
4 Royce & Associates LP 0.08% 2,112,810 $8.3M
5 Invenomic Capital Management LP 0.07% 409,436 $1.6M
6 RBF Capital, LLC 0.06% 309,352 $1.2M
7 Pacific Ridge Capital Partners, LLC 0.06% 74,470 $291K
8 Militia Capital Management LLC 0.06% 66,187 $259K
9 Pzena Investment Management LLC 0.04% 2,871,630 $11.2M
10 Hotchkis & Wiley Capital Management LLC 0.02% 1,430,215 $5.6M
11 Dynamic Technology Lab Private Ltd 0.02% 24,556 $96K
12 Boston Partners 0.01% 3,267,392 $12.8M
13 Bridgeway Capital Management, LLC 0.01% 122,100 $477K
14 Investors Research Corp 0.01% 9,850 $39K
15 Trek Financial, LLC 0.00% 21,423 $84K
16 Russell Investments Group, Ltd. 0.00% 838,274 $3.3M
17 XTX Topco Ltd 0.00% 41,818 $164K
18 Prudential Financial Inc 0.00% 459,347 $1.8M
19 D. E. Shaw & Co., Inc. 0.00% 694,467 $2.7M
20 Renaissance Technologies LLC 0.00% 220,934 $864K
21 American Century Companies Inc 0.00% 493,235 $1.9M
22 Strs Ohio 0.00% 58,900 $230K
23 AE Wealth Management LLC 0.00% 36,583 $143K
24 Engineers Gate Manager LP 0.00% 13,205 $52K
25 Pinnacle Wealth Planning Services, Inc. 0.00% 1,515 $6K
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 — Trueblue Inc (TBI)

What does the Smart Money Trend signal show for TBI?

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

More sellers than buyers — 46% buying: Last quarter: 60 funds reduced or exited vs 51 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for TBI holders?

Strong quality — 27% AUM from major funds: 35 of 103 holders rank in the top 100 by AUM, accounting for 27% 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 TBI?

66% of holders stayed for 2+ years: 68 out of 103 hedge funds have held TBI 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 Trueblue Inc (TBI) following the 2026 Q1 hedge fund 13F filings?

As of today, TBI has moved +23.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +329.7% for the XLI sector ETF — an outperformance of -306.2%. Since the quarter end (March 31, 2026), TBI has gained +78.5% vs +8.9% 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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