Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Tectonic Therapeutic Inc (TECX)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +12
Streak
9Q ▲
Buyers last Q
54%

Smart Money Signals — TECX

Based on 124 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 9 quarters in a row

last 6Q
For 9 consecutive quarters, more hedge funds added TECX 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
124 hedge funds hold TECX 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 — +51% more funds vs a year ago

fund count last 6Q
+42 new funds entered over the past year (+51% 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 — 54% buying

65 buying55 selling
Last quarter: 65 funds bought or added vs 55 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.
➡️

Steady new buyers — ~25 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 30 → 32 → 28 → 25. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 40% entered in last year

■ 13% conviction (2yr+) ■ 48% medium ■ 40% new
Only 16 funds (13%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
➡️

Steady discovery — ~25 new funds/quarter

20 → 30 → 32 → 28 → 25 new funds/Q
New funds entering each quarter: 30 → 32 → 28 → 25. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 5% veterans, 52% new entrants

■ 5% veterans ■ 43% 1-2yr ■ 52% new
Of 126 current holders: 6 (5%) held 2+ years, 54 held 1–2 years, 66 (52%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆

Elite ownership — 40% AUM from top-100 funds

40% from top-100 AUM funds
39 of 123 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in TECX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.4
out of 10
Moderate Exit Risk
Exit risk score 4.4/10 — 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.

Institutional Sentiment Summary — TECX

In 2026 Q2, 65 hedge funds were net buyers of TECX (25 opened a new position, 40 added to an existing one), while 55 reduced or exited (42 trimmed, 13 sold completely) — a 54% buyer ratio, indicating a slight buying edge. This marks 9 consecutive quarters of net institutional buying — a persistent conviction signal. 40% of total institutional value in TECX is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +12 funds (more new holders than closures). Total institutional holders: 124.

Hedge Fund Ownership: TECX

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

Market Analysis: TECX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TECX

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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.

9 top-rated funds 0 high-conviction
Consensus
4.3
/ 10
breadth
×
Elite
1.3
/ 10
conviction
Hedge Fund Positioning: TECX
122 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 122 112 8.93%
13F Shares 14M 14M -0.36%
Total Value $473M $424M 11.75%
New Positions 25 28 -3
Increased Positions 38 34 +4
Closed Positions 14 23 -9
Reduced Positions 41 37 +4
Total Calls 2 4 -50.0%
Total Puts 1 1 -
PUT/CALL Ratio 0.5 0.25 Bullish

Statistics: TECX

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Institutional Holders (2026 Q2)

122 + investors

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

QUARTER:
Top 25 TECX holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 5AM Venture Management, LLC 7.24% 606,660 $20.9M
2 Sectoral Asset Management Inc 1.70% 71,009 $2.4M
3 First Light Asset Management, LLC 1.67% 800,726 $27.5M
4 TCG Crossover Management, LLC 1.00% 1,204,891 $41.4M
5 Aldebaran Capital, LLC 0.95% 36,797 $1.3M
6 Ikarian Capital, LLC 0.76% 205,837 $7.1M
7 Braidwell LP 0.76% 596,900 $20.5M
8 Vestal Point Capital, LP 0.34% 425,000 $14.6M
9 Tetragon Partners GP Ltd 0.25% 46,516 $1.6M
10 Prosight Management, LP 0.24% 39,731 $1.4M
11 Monimus Capital Management, LP 0.22% 28,143 $967K
12 AlphaCentric Advisors LLC 0.20% 6,948 $239K
13 Rangeley Capital, LLC 0.19% 6,000 $206K
14 Kennedy Capital Management LLC 0.17% 282,202 $9.7M
15 Orbimed Advisors LLC 0.14% 226,600 $7.8M
16 PFM Health Sciences, LP 0.13% 45,631 $1.6M
17 Velan Capital Investment Management LP 0.13% 6,000 $206K
18 Soleus Capital Management, L.P. 0.12% 101,684 $3.5M
19 Baker BROS. Advisors LP 0.10% 607,788 $20.9M
20 Virtus Investment Advisers, LLC 0.09% 10,806 $371K
21 Aberdeen Group plc 0.06% 1,141,824 $39.3M
22 Fox Run Management, L.L.C. 0.05% 8,865 $305K
23 Boothbay Fund Management, LLC 0.03% 60,771 $2.1M
24 ADAR1 Capital Management, LLC 0.02% 14,501 $498K
25 Chung Wu Investment Group, LLC 0.02% 800 $28K
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 — Tectonic Therapeutic Inc (TECX)

What does the Smart Money Trend signal show for TECX?

Buying streak — 9 quarters in a row: For 9 consecutive quarters, more hedge funds added TECX 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 TECX?

Slight buying edge — 54% buying: Last quarter: 65 funds bought or added vs 55 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 TECX holders?

Elite ownership — 40% AUM from top-100 funds: 39 of 123 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in TECX. 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 TECX?

Mostly new holders — 40% entered in last year: Only 16 funds (13%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

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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