Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Tilray Brands Inc (TLRY)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +1
Streak
1Q ▲
Buyers last Q
51%

Smart Money Signals — TLRY

Based on 215 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added TLRY 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.
🔻

Below peak — only 63% of 3.0Y high

63% of all-time peak
Only 215 funds hold TLRY today versus a peak of 341 funds at 2024 Q2 — just 63% 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 — 35% fewer funds vs a year ago

fund count last 6Q
115 fewer hedge funds hold TLRY compared to a year ago (-35% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 51% buying

99 buying94 selling
Last quarter: 99 funds bought or added vs 94 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 — ~43 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 40 → 60 → 41 → 43. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 17% medium ■ 21% new
132 out of 215 hedge funds have held TLRY 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 -32%, value -52%

Value
-51%
Shares
-31%
Last quarter: funds added -32% more shares while total portfolio value only changed -52%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

47 → 40 → 60 → 41 → 43 new funds/Q
New funds entering each quarter: 40 → 60 → 41 → 43. TLRY is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 64% veterans vs 23% newcomers

■ 64% veterans ■ 13% 1-2yr ■ 23% new
Entry-cohort mix of 229 holders: 147 (64%) are 2+ year veterans, 30 entered 1–2 years ago, and 52 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 42% AUM from top-100 funds

42% from top-100 AUM funds
32 of 211 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in TLRY. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
1.7
out of 10
Low Exit Risk
Exit risk score 1.7/10 — 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 — TLRY

In 2026 Q1, 99 hedge funds were net buyers of TLRY (43 opened a new position, 56 added to an existing one), while 94 reduced or exited (52 trimmed, 42 sold completely) — a 51% buyer ratio, indicating a slight buying edge. 42% of total institutional value in TLRY is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +1 funds (more new holders than closures). Total institutional holders: 215.

Hedge Fund Ownership: TLRY

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

Market Analysis: TLRY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TLRY

-- --

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

Is It Too Late to Buy Tilray Brands Inc (TLRY) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much TLRY has moved relative to its sector benchmark (XLV) 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 · 79d ago
TLRY
-26.6%
XLV
+2.8%

TLRY outperformed XLV by -29.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
TLRY
-10.7%
XLV
+3.9%

Since the filing became public, TLRY outperformed XLV by -14.6% .

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.

18 top-rated funds 0 high-conviction
Consensus
5.6
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: TLRY
211 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 211 214 -1.4%
13F Shares 22M 32M -31.82%
Total Value $141M $292M -51.64%
New Positions 41 41 -
Increased Positions 50 5 +45
Closed Positions 44 158 -114
Reduced Positions 48 167 -119
Total Calls 10 12 -16.67%
Total Puts 8 9 -11.11%
PUT/CALL Ratio 0.8 0.75 Neutral

Statistics: TLRY

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Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
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Forward P/E --
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
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

211 + investors

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

QUARTER:
Top 25 TLRY holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Westend Capital Management, LLC 0.17% 86,830 $562K
2 Headlands Technologies LLC 0.13% 175,060 $1.1M
3 Tradewinds Capital Management, LLC 0.08% 60,387 $391K
4 AdvisorShares Investments LLC 0.08% 63,763 $413K
5 R Squared Ltd 0.05% 14,543 $94K
6 Tidal Investments LLC 0.03% 2,563,689 $16.6M
7 Northstar Asset Management Inc 0.03% 14,988 $97K
8 Central Valley Advisors, LLC 0.03% 14,605 $94K
9 Baader Bank Aktiengesellschaft 0.02% 47,938 $293K
10 Signature Equity Partners, LLC 0.02% 5,918 $38K
11 Essential Partners LLC 0.02% 8,819 $57K
12 State of Wyoming 0.02% 20,584 $133K
13 SIG North Trading, ULC 0.02% 115,970 $750K
14 Madrona Financial Services, LLC 0.01% 10,000 $65K
15 Hilton Head Capital Partners, LLC 0.01% 3,771 $24K
16 PFS Partners, LLC 0.01% 3,681 $24K
17 Consultiva Wealth Management, CORP. 0.01% 500 $3K
18 SIG North Trading, ULC 0.01% 71,747 $464K
19 Altshuler Shaham Ltd 0.01% 78,533 $508K
20 WINTON GROUP Ltd 0.01% 31,200 $202K
21 Entropy Technologies, LP 0.01% 19,070 $123K
22 SIG North Trading, ULC 0.01% 42,000 $272K
23 SBI Securities Co., Ltd. 0.00% 25,785 $167K
24 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% 486,820 $3.1M
25 PFG Investments, LLC 0.00% 13,696 $89K
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 — Tilray Brands Inc (TLRY)

What does the Smart Money Trend signal show for TLRY?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added TLRY 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 TLRY?

Slight buying edge — 51% buying: Last quarter: 99 funds bought or added vs 94 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 TLRY holders?

Elite ownership — 42% AUM from top-100 funds: 32 of 211 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in TLRY. 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 TLRY?

61% of holders stayed for 2+ years: 132 out of 215 hedge funds have held TLRY 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 Tilray Brands Inc (TLRY) following the 2026 Q1 hedge fund 13F filings?

As of today, TLRY has moved -10.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.9% for the XLV sector ETF — an outperformance of -14.6%. Since the quarter end (March 31, 2026), TLRY has gained -26.6% vs +2.8% for XLV. 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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