Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Thomson Reuters Corp (TRI)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -46
Streak
4Q ▼
Buyers last Q
35%

Smart Money Signals — TRI

Based on 427 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds reduced or closed their TRI 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 — 81% of 3.0Y peak

81% of all-time peak
427 funds currently hold this stock — 81% of the 3.0-year high of 524 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 19% fewer funds vs a year ago

fund count last 6Q
97 fewer hedge funds hold TRI compared to a year ago (-19% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🔴

Heavy selling pressure — only 35% buying

186 buying353 selling
Last quarter: 353 funds sold vs only 186 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
⚠️

Fewer new buyers each quarter (-22 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 105 → 77 → 85 → 63. 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.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 20% medium ■ 20% new
256 out of 427 hedge funds have held TRI 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.
📊

Peak discovery — momentum slowing

98 → 105 → 77 → 85 → 63 new funds/Q
New funds entering each quarter: 105 → 77 → 85 → 63. TRI 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 — 63% veterans vs 28% newcomers

■ 63% veterans ■ 9% 1-2yr ■ 28% new
Entry-cohort mix of 450 holders: 284 (63%) are 2+ year veterans, 40 entered 1–2 years ago, and 126 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 15% AUM from top-100

15% from top-100 AUM funds
54 of 418 holders rank in the top 100 by AUM, but together hold only 15% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — 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 — TRI

In 2026 Q2, 186 hedge funds were net buyers of TRI (63 opened a new position, 123 added to an existing one), while 353 reduced or exited (244 trimmed, 109 sold completely) — a 35% buyer ratio, indicating net institutional distribution. This extends a 4-quarter selling streak, suggesting sustained institutional caution. Net fund flow last quarter: -46 funds (more exits than new entries). Total institutional holders: 427.

Hedge Fund Ownership: TRI

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

Market Analysis: TRI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TRI

-- --

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.

0 top-rated funds 0 high-conviction
Consensus
0.0
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: TRI
2026 Q3 Stats Unlock in 16 days 15 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 15 469 -96.8%
13F Shares 802K 402M -99.8%
Total Value $89M $36.20B -99.75%
New Positions 3 84 -81
Increased Positions 1 166 -165
Closed Positions 457 109 +348
Reduced Positions 6 137 -131
Total Calls 0 16 -100.0%
Total Puts 0 13 -100.0%
PUT/CALL Ratio 0.0 0.81 Bullish

Statistics: TRI

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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) --
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Institutional Holders (2026 Q2)

15 + investors

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

QUARTER:
Top 25 TRI holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 LCC Family Corp. 100.00% 3,008,406 $245.7M
2 SEG Family Corp. 100.00% 2,440,238 $199.3M
3 Woodbridge CO LTD 95.82% 296,247,085 $24.19B
4 TLT Family Holdco ULC 49.15% 4,236,459 $346.0M
5 DKRT Investments Corp. 19.72% 988,349 $80.7M
6 PJT Investments Corp. 14.42% 522,108 $42.6M
7 Heathbridge Capital Management Ltd. 5.32% 190,743 $15.6M
8 NewGen Asset Management Ltd 3.36% 100,000 $8.2M
9 Davis-Rea LTD. 2.89% 124,012 $10.1M
10 Cooper Investors Pty Ltd 1.82% 48,620 $4.0M
11 Louisbourg Investments INC. 1.35% 89,435 $7.3M
12 Penbrook Management LLC 1.27% 24,381 $2.0M
13 Burkett Asset Management Ltd 1.17% 15,374 $1.3M
14 Dearborn Partners LLC 1.10% 226,158 $20.3M
15 PCJ Investment Counsel Ltd. 0.96% 41,040 $3.3M
16 Dixon Mitchell Investment Counsel Inc. 0.85% 320,163 $26.1M
17 First National Bank of Mount Dora, Trust Investment Services 0.73% 44,702 $3.7M
18 Scheer, Rowlett & Associates Investment Management Ltd. 0.66% 112,198 $9.2M
19 Fiera Capital Corp 0.65% 2,185,507 $178.2M
20 Fairtree Asset Management (Pty) Ltd 0.51% 16,405 $1.3M
21 Agf Management Ltd 0.48% 1,500,920 $122.7M
22 Bank of Nova Scotia Trust Co 0.46% 67,252 $5.5M
23 Metatron Capital SICAV plc - Metatron Long Term Equity Fund 0.45% 12,239 $999K
24 Mufg Securities (canada), LTD. 0.41% 185,253 $15.1M
25 Numerai GP LLC 0.38% 56,778 $4.6M
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

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Frequently Asked Questions — Thomson Reuters Corp (TRI)

What does the Smart Money Trend signal show for TRI?

Selling streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds reduced or closed their TRI 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 TRI?

Heavy selling pressure — only 35% buying: Last quarter: 353 funds sold vs only 186 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for TRI holders?

Smaller funds dominant — 15% AUM from top-100: 54 of 418 holders rank in the top 100 by AUM, but together hold only 15% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held TRI?

60% of holders stayed for 2+ years: 256 out of 427 hedge funds have held TRI 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.

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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