Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

THARIMMUNE INC (THAR)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +10
Streak
3Q ▲
Buyers last Q
90%

Smart Money Signals — THAR

Based on 21 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added THAR 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
21 hedge funds hold THAR right now — the highest count in 1.8 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 — +133% more funds vs a year ago

fund count last 6Q
+12 new funds entered over the past year (+133% 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.
🟢

More buyers than sellers — 90% buying

18 buying2 selling
Last quarter: 18 funds were net buyers (11 opened a brand new position + 7 added to an existing one). Only 2 were sellers (1 trimmed + 1 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~11 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 1 → 3 → 7 → 11. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 86% entered in last year

■ 0% conviction (2yr+) ■ 14% medium ■ 86% new
Only 0 funds (0%) 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.
💰

Value +972% but shares only +905% — price-driven

Value
+971%
Shares
+904%
Last quarter: the total dollar value of institutional holdings rose +972%, but actual share count only changed +905%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📈

Growing discovery — still being found

6 → 1 → 3 → 7 → 11 new funds/Q
New funds entering each quarter: 1 → 3 → 7 → 11. A growing number of institutions are discovering THAR each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🌱

Early stage — 90% of holders entered in last year

■ 0% veterans ■ 10% 1-2yr ■ 90% new
Of 21 current holders: 19 (90%) entered in the past year, only 0 (0%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
📋

Smaller funds dominant — 14% AUM from top-100

14% from top-100 AUM funds
9 of 21 holders rank in the top 100 by AUM, but together hold only 14% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
7.1
out of 10
High Exit Risk
Exit risk score 7.1/10 — multiple crowding signals converge. Institutional ownership is at 100% of its all-time high — near peak crowding. Crowded trades can unwind fast — a single catalyst can trigger a cascade.

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 — THAR

In 2025 Q4, 18 hedge funds were net buyers of THAR (11 opened a new position, 7 added to an existing one), while 2 reduced or exited (1 trimmed, 1 sold completely) — a 90% buyer ratio, indicating clear institutional accumulation. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +10 funds (more new holders than closures). Total institutional holders: 21.

Hedge Fund Ownership: THAR

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

Market Analysis: THAR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: THAR

-- --

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

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

8 top-rated funds 0 high-conviction
Consensus
4.1
/ 10
breadth
×
Elite
0.5
/ 10
conviction
Hedge Fund Positioning: THAR
2026 Q1 Stats Unlock in 4 days 21 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 21 11 90.91%
13F Shares 8M 804K 904.54%
Total Value $24M $2M 971.75%
New Positions 11 7 +4
Increased Positions 7 2 +5
Closed Positions 1 4 -3
Reduced Positions 1 2 -1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: THAR

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Valuation Measures Data as of: --

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

Financial Highlights

Profitability
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Income Statement & Cash Flow
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Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

21 + investors

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

QUARTER:
Top 25 institutional holders of THAR — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Valor Management LLC 1.96% 1,084,011 $3.5M
2 Bienville Capital Management, LLC 0.13% 216,802 $709K
3 ARK Investment Management LLC 0.09% 3,695,084 $12.1M
4 Amova Asset Management Americas, Inc. 0.03% 728,167 $2.4M
5 Drucker Wealth 3.0, LLC 0.01% 25,337 $83K
6 Zuckerman Investment Group, LLC 0.01% 46,973 $154K
7 Garden State Investment Advisory Services LLC 0.01% 15,197 $50K
8 Clear Street Group Inc. 0.01% 652,243 $2.1M
9 Essex LLC 0.01% 13,987 $46K
10 Summit Trail Advisors, LLC 0.01% 149,777 $490K
11 Virtu Financial LLC 0.01% 38,164 —
12 BLAIR WILLIAM & CO/IL 0.00% 374,692 $1.2M
13 RENAISSANCE TECHNOLOGIES LLC 0.00% 562,000 $1.8M
14 Tower Research Capital LLC (TRC) 0.00% 26,439 $86K
15 Sumitomo Mitsui Trust Group, Inc. 0.00% 728,167 $2.4M
16 OSAIC HOLDINGS, INC. 0.00% 189,801 $621K
17 OMERS ADMINISTRATION Corp 0.00% 30,600 $100K
18 MILLENNIUM MANAGEMENT LLC 0.00% 359,183 $1.2M
19 MARSHALL WACE, LLP 0.00% 149,600 $489K
20 HRT FINANCIAL LP 0.00% 50,067 $163K
21 High Note Wealth, LLC 0.00% 600 $2K
22 VANGUARD FIDUCIARY TRUST CO 0.00% 211,445 $691K
23 SBI Securities Co., Ltd. 0.00% 1,549 $5K
24 VAN ECK ASSOCIATES CORP 0.00% 31,500 —
25 BlackRock, Inc. 0.00% 765,829 $2.5M
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 — THARIMMUNE INC (THAR)

What does the Smart Money Trend signal show for THAR?

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

More buyers than sellers — 90% buying: Last quarter: 18 funds were net buyers (11 opened a brand new position + 7 added to an existing one). Only 2 were sellers (1 trimmed + 1 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for THAR holders?

Smaller funds dominant — 14% AUM from top-100: 9 of 21 holders rank in the top 100 by AUM, but together hold only 14% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held THAR?

Mostly new holders — 86% entered in last year: Only 0 funds (0%) 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.