Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Trx Gold Corporation (TRX)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -14
Streak
1Q ▼
Buyers last Q
44%

Smart Money Signals — TRX

Based on 77 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their TRX 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 — 85% of 3.0Y peak

85% of all-time peak
77 funds currently hold this stock — 85% of the 3.0-year high of 91 funds (reached 2026 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +79% more funds vs a year ago

fund count last 6Q
+34 new funds entered over the past year (+79% 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 sellers than buyers — 44% buying

31 buying40 selling
Last quarter: 40 funds reduced or exited vs 31 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 (-34 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 10 → 13 → 39 → 5. 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.
📌

Mixed — 35% long-term, 36% new

■ 35% conviction (2yr+) ■ 29% medium ■ 36% new
Of the 77 current holders: 27 (35%) held >2 years, 22 held 1–2 years, and 28 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💎

Buying through price weakness — shares -15%, value -53%

Value
-53%
Shares
-15%
Last quarter: funds added -15% more shares while total portfolio value only changed -53%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~5 new funds/quarter

8 → 10 → 13 → 39 → 5 new funds/Q
New funds entering each quarter: 10 → 13 → 39 → 5. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 43% veterans vs 42% newcomers

■ 43% veterans ■ 15% 1-2yr ■ 42% new
Entry-cohort mix of 81 holders: 35 (43%) are 2+ year veterans, 12 entered 1–2 years ago, and 34 (42%) 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
15 of 77 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.
4.9
out of 10
Moderate Exit Risk
Exit risk score 4.9/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 — TRX

In 2026 Q2, 31 hedge funds were net buyers of TRX (5 opened a new position, 26 added to an existing one), while 40 reduced or exited (21 trimmed, 19 sold completely) — a 44% buyer ratio, indicating roughly balanced activity. 33% of total institutional value in TRX is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -14 funds (more exits than new entries). Total institutional holders: 77.

Hedge Fund Ownership: TRX

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

Market Analysis: TRX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TRX

-- --

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.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: TRX
77 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 77 91 -15.38%
13F Shares 21M 24M -14.97%
Total Value $17M $36M -53.2%
New Positions 5 39 -34
Increased Positions 24 22 +2
Closed Positions 19 3 +16
Reduced Positions 20 12 +8
Total Calls 2 3 -33.33%
Total Puts 2 2 -
PUT/CALL Ratio 1.0 0.67 Neutral

Statistics: TRX

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Financial Highlights

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Institutional Holders (2026 Q2)

77 + investors

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

QUARTER:
Top 25 TRX holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Rossby Financial, LCC 0.12% 822,000 $678K
2 Integrity Wealth Solutions LLC 0.09% 279,320 $230K
3 SPWM Advisors LLC 0.04% 65,000 $47K
4 Guild Investment Management, Inc. 0.04% 76,900 $63K
5 Virginia Wealth Management Group, INC. 0.03% 75,000 $62K
6 Navellier & Associates Inc 0.02% 379,726 $313K
7 Cooper/Haims Advisors, LLC 0.02% 55,000 $45K
8 Waterfront Wealth Inc. 0.01% 75,166 $59K
9 Kiker Wealth Management, LLC 0.01% 27,263 $22K
10 Leigh Baldwin & CO., LLC 0.01% 18,750 $15K
11 State of Wyoming 0.01% 89,111 $74K
12 Financial Sense Advisors, Inc. 0.01% 32,991 $27K
13 Connor, Clark & Lunn Investment Management Ltd. 0.01% 3,273,169 $2.8M
14 Aventus Investment Advisors, Inc. 0.00% 6,750 $6K
15 Marshall Wace, LLP 0.00% 4,465,565 $3.7M
16 Blue Zone Wealth Advisors, LLC 0.00% 15,972 $13K
17 Asset Advisors Investment Management, LLC 0.00% 30,000 $25K
18 Sprott INC. 0.00% 83,817 $69K
19 XTX Topco Ltd 0.00% 194,464 $160K
20 Outlook Wealth Advisors, LLC 0.00% 11,050 $9K
21 Avior Wealth Management, LLC 0.00% 64,700 $53K
22 Meridian Wealth Management, LLC 0.00% 52,500 $43K
23 Heirloom Wealth Management 0.00% 10,000 $8K
24 Two Sigma Securities, LLC 0.00% 16,056 $13K
25 PFG Investments, LLC 0.00% 23,020 $19K
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 — Trx Gold Corporation (TRX)

What does the Smart Money Trend signal show for TRX?

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

More sellers than buyers — 44% buying: Last quarter: 40 funds reduced or exited vs 31 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 TRX holders?

Strong quality — 33% AUM from major funds: 15 of 77 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 TRX?

Mixed — 35% long-term, 36% new: Of the 77 current holders: 27 (35%) held >2 years, 22 held 1–2 years, and 28 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

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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