Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Thor Inds Inc (THO)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -26
Streak
1Q ▼
Buyers last Q
48%

Smart Money Signals — THO

Based on 413 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 THO positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 94% of 3.0Y peak

94% of all-time peak
413 funds currently hold this stock — 94% of the 3.0-year high of 439 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +4% more funds vs a year ago

fund count last 6Q
+14 new funds entered over the past year (+4% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 48% buying

199 buying215 selling
Last quarter: 215 funds reduced or exited vs 199 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.
⚠️

Fewer new buyers each quarter (-19 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 64 → 65 → 68 → 49. 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.
🔒

69% of holders stayed for 2+ years

■ 69% conviction (2yr+) ■ 18% medium ■ 13% new
284 out of 413 hedge funds have held THO 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.
💎

Buying through price weakness — shares -2%, value -25%

Value
-25%
Shares
-2%
Last quarter: funds added -2% more shares while total portfolio value only changed -25%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~49 new funds/quarter

57 → 64 → 65 → 68 → 49 new funds/Q
New funds entering each quarter: 64 → 65 → 68 → 49. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 74% veterans vs 17% newcomers

■ 74% veterans ■ 9% 1-2yr ■ 17% new
Entry-cohort mix of 428 holders: 316 (74%) are 2+ year veterans, 39 entered 1–2 years ago, and 73 (17%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 33% AUM from major funds

33% from top-100 AUM funds
52 of 410 holders rank in the top 100 by AUM, accounting for 33% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — 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 — THO

In 2026 Q1, 199 hedge funds were net buyers of THO (49 opened a new position, 150 added to an existing one), while 215 reduced or exited (140 trimmed, 75 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. 33% of total institutional value in THO is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -26 funds (more exits than new entries). Total institutional holders: 413.

Hedge Fund Ownership: THO

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

Market Analysis: THO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: THO

-- --

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

Is It Too Late to Buy Thor Inds Inc (THO) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much THO has moved relative to its sector benchmark (XLY) 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 · 82d ago
THO
-9.4%
XLY
+7.5%

THO outperformed XLY by -16.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 37d ago
THO
-2.3%
XLY
+0.5%

Since the filing became public, THO outperformed XLY by -2.8% .

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.

30 top-rated funds 2 high-conviction
Consensus
6.5
/ 10
breadth
×
Elite
2.2
/ 10
conviction
Hedge Fund Positioning: THO
412 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 412 439 -6.15%
13F Shares 53M 54M -2.12%
Total Value $4.13B $5.55B -25.5%
New Positions 49 68 -19
Increased Positions 145 131 +14
Closed Positions 76 49 +27
Reduced Positions 137 153 -16
Total Calls 9 9 -
Total Puts 9 7 28.57%
PUT/CALL Ratio 1.0 0.78 Neutral

Statistics: THO

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
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)

412 + investors

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

QUARTER:
Top 25 THO holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Timucuan Asset Management Inc/Fl 7.50% 2,551,474 $203.8M
2 ACR Alpine Capital Research, LLC 5.85% 4,903,124 $391.7M
3 Triad Investment Management 4.64% 132,198 $12.6M
4 Bbfit Investments Pte Ltd 2.50% 263,716 $21.1M
5 Salvus Wealth Management, LLC 2.45% 52,656 $4.2M
6 Life Cycle Investment Partners Ltd 1.67% 3,274,505 $261.6M
7 Southernsun Asset Management, LLC 1.52% 131,107 $10.5M
8 Maple Rock Capital Partners Inc. 1.20% 461,864 $36.9M
9 Kayne Anderson Rudnick Investment Management LLC 1.01% 4,289,725 $342.7M
10 Madison Asset Management, LLC 0.96% 964,776 $77.1M
11 Tevis Investment Management 0.86% 18,805 $1.5M
12 Heartland Advisors Inc 0.75% 183,540 $14.7M
13 Oppenheimer Asset Management INC. 0.68% 740,948 $59.2M
14 Old North State Wealth Management, LLC 0.56% 15,151 $1.2M
15 ClearAlpha Technologies LP 0.55% 3,353 $268K
16 Deprince Race & Zollo Inc 0.54% 357,976 $28.6M
17 Shayne & Jacobs, LLC 0.54% 21,751 $1.7M
18 Frazier Financial Advisors, LLC 0.48% 10,874 $869K
19 Hyperion Capital Advisors LP 0.39% 10,180 $813K
20 Choreo, LLC 0.39% 393,320 $31.4M
21 Weik Capital Management 0.38% 11,885 $949K
22 Murphy Pohlad Asset Management LLC 0.31% 10,952 $875K
23 VARCOV Co. 0.31% 10,428 $833K
24 Sprott INC. 0.24% 105,000 $8.4M
25 Diametric Capital, LP 0.24% 11,696 $934K
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 — Thor Inds Inc (THO)

What does the Smart Money Trend signal show for THO?

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

More sellers than buyers — 48% buying: Last quarter: 215 funds reduced or exited vs 199 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 THO holders?

Strong quality — 33% AUM from major funds: 52 of 410 holders rank in the top 100 by AUM, accounting for 33% 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 THO?

69% of holders stayed for 2+ years: 284 out of 413 hedge funds have held THO 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 Thor Inds Inc (THO) following the 2026 Q1 hedge fund 13F filings?

As of today, THO has moved -2.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.5% for the XLY sector ETF — an outperformance of -2.8%. Since the quarter end (March 31, 2026), THO has gained -9.4% vs +7.5% for XLY. 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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