Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Thryv Hldgs Inc (THRY)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -29
Streak
2Q ▼
Buyers last Q
44%

Smart Money Signals — THRY

Based on 130 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their THRY 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 — 74% of 3.0Y peak

74% of all-time peak
130 funds currently hold this stock — 74% of the 3.0-year high of 176 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 17% fewer funds vs a year ago

fund count last 6Q
27 fewer hedge funds hold THRY compared to a year ago (-17% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 44% buying

78 buying100 selling
Last quarter: 100 funds reduced or exited vs 78 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 (-6 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 22 → 39 → 39 → 33. 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.
🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 21% medium ■ 25% new
70 out of 130 hedge funds have held THRY 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 -6%, value -59%

Value
-59%
Shares
-5%
Last quarter: funds added -6% more shares while total portfolio value only changed -59%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

27 → 22 → 39 → 39 → 33 new funds/Q
New funds entering each quarter: 22 → 39 → 39 → 33. A growing number of institutions are discovering THRY each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 62% veterans vs 27% newcomers

■ 62% veterans ■ 10% 1-2yr ■ 27% new
Entry-cohort mix of 135 holders: 84 (62%) are 2+ year veterans, 14 entered 1–2 years ago, and 37 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 30% AUM from major funds

30% from top-100 AUM funds
38 of 130 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.6
out of 10
Low Exit Risk
Exit risk score 2.6/10 — 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 — THRY

In 2026 Q1, 78 hedge funds were net buyers of THRY (33 opened a new position, 45 added to an existing one), while 100 reduced or exited (38 trimmed, 62 sold completely) — a 44% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 30% of total institutional value in THRY is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -29 funds (more exits than new entries). Total institutional holders: 130.

Hedge Fund Ownership: THRY

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

Market Analysis: THRY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: THRY

-- --

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

Is It Too Late to Buy Thryv Hldgs Inc (THRY) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much THRY has moved relative to its sector benchmark (XLK) 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 · 77d ago
THRY
+40.9%
XLK
+44.0%

THRY outperformed XLK by -3.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 32d ago
THRY
+13.2%
XLK
+8.6%

Since the filing became public, THRY outperformed XLK by +4.6% .

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.

13 top-rated funds 0 high-conviction
Consensus
5.0
/ 10
breadth
×
Elite
1.2
/ 10
conviction
Hedge Fund Positioning: THRY
129 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 129 159 -18.87%
13F Shares 39M 42M -5.89%
Total Value $102M $252M -59.38%
New Positions 32 39 -7
Increased Positions 45 54 -9
Closed Positions 62 56 +6
Reduced Positions 36 57 -21
Total Calls 2 3 -33.33%
Total Puts 3 0 100%
PUT/CALL Ratio 1.5 0.0 Bearish

Statistics: THRY

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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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Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

129 + investors

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

QUARTER:
Top 25 THRY holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Brooktree Capital Management 2.01% 923,611 $2.5M
2 CDC Financial, Inc. 1.89% 1,083,751 $3.0M
3 Wittenberg Investment Management, INC. 1.12% 1,102,415 $3.0M
4 Ancient Art, L.P. 0.93% 1,560,908 $4.3M
5 Paulson & CO. INC. 0.74% 8,443,835 $23.1M
6 Minerva Advisors LLC 0.26% 144,329 $395K
7 Luxor Capital Group, LP 0.22% 1,131,235 $3.1M
8 Hunting Hill Global Capital, LLC 0.06% 28,049 $77K
9 Scientech Research LLC 0.06% 25,739 $71K
10 Parthenon LLC 0.06% 184,717 $506K
11 Quinn Opportunity Partners LLC 0.03% 182,502 $500K
12 AlphaQuest LLC 0.02% 47,261 $286K
13 State of Wyoming 0.02% 46,712 $128K
14 Bridgeway Capital Management, LLC 0.01% 234,493 $643K
15 Occudo Quantitative Strategies LP 0.01% 57,166 $205K
16 Mcmorgan & Co LLC 0.01% 21,016 $58K
17 WINTON GROUP Ltd 0.01% 94,272 $258K
18 Engineers Gate Manager LP 0.01% 179,459 $492K
19 Prelude Capital Management, LLC 0.01% 28,015 $77K
20 XTX Topco Ltd 0.01% 119,305 $327K
21 DGS Capital Management, LLC 0.01% 11,363 $31K
22 Atom Investors LP 0.00% 21,920 $60K
23 Royce & Associates LP 0.00% 119,060 $326K
24 Jacobs Levy Equity Management, Inc 0.00% 269,532 $739K
25 Empowered Funds, LLC 0.00% 159,493 $437K
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 — Thryv Hldgs Inc (THRY)

What does the Smart Money Trend signal show for THRY?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their THRY 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 THRY?

More sellers than buyers — 44% buying: Last quarter: 100 funds reduced or exited vs 78 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 THRY holders?

Strong quality — 30% AUM from major funds: 38 of 130 holders rank in the top 100 by AUM, accounting for 30% 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 THRY?

54% of holders stayed for 2+ years: 70 out of 130 hedge funds have held THRY 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 Thryv Hldgs Inc (THRY) following the 2026 Q1 hedge fund 13F filings?

As of today, THRY has moved +13.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +8.6% for the XLK sector ETF — an outperformance of +4.6%. Since the quarter end (March 31, 2026), THRY has gained +40.9% vs +44.0% for XLK. 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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