Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Ternium SA (TX)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +19
Streak
3Q ▲
Buyers last Q
56%

Smart Money Signals — TX

Based on 143 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added TX 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.
📊

High ownership — 91% of 3.0Y peak

91% of all-time peak
143 funds currently hold this stock — 91% of the 3.0-year high of 158 funds (reached 2023 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +22% more funds vs a year ago

fund count last 6Q
+26 new funds entered over the past year (+22% 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.
🟡

Slight buying edge — 56% buying

75 buying58 selling
Last quarter: 75 funds bought or added vs 58 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.
📈

More new buyers each quarter (+11 vs last Q)

new funds entering per quarter
Funds opening a new TX position: 16 → 18 → 21 → 32. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

66% of holders stayed for 2+ years

■ 66% conviction (2yr+) ■ 22% medium ■ 12% new
94 out of 143 hedge funds have held TX 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.
🚀

Acceleration phase — new buyers rushing in

16 → 16 → 18 → 21 → 32 new funds/Q
New funds entering each quarter: 16 → 18 → 21 → 32. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Deep conviction — 72% of holders stayed 2+ years

■ 72% veterans ■ 11% 1-2yr ■ 17% new
Of 150 current holders: 108 (72%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 20% AUM from major funds

20% from top-100 AUM funds
31 of 143 holders rank in the top 100 by AUM, accounting for 20% 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 — TX

In 2026 Q1, 75 hedge funds were net buyers of TX (32 opened a new position, 43 added to an existing one), while 58 reduced or exited (45 trimmed, 13 sold completely) — a 56% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 20% of total institutional value in TX is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +19 funds (more new holders than closures). Total institutional holders: 143.

Hedge Fund Ownership: TX

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

Market Analysis: TX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TX

-- --

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

Is It Too Late to Buy Ternium SA (TX) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much TX has moved relative to its sector benchmark (SPY) 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 · 78d ago
TX
+20.2%
SPY
+15.9%

TX outperformed SPY by +4.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
TX
+12.8%
SPY
+2.0%

Since the filing became public, TX outperformed SPY by +10.8% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

12 top-rated funds 2 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
2.7
/ 10
conviction
Hedge Fund Positioning: TX
143 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 143 124 15.32%
13F Shares 25M 24M 2.0%
Total Value $941M $925M 1.65%
New Positions 32 21 +11
Increased Positions 43 35 +8
Closed Positions 13 10 +3
Reduced Positions 42 47 -5
Total Calls 5 4 25.0%
Total Puts 3 3 -
PUT/CALL Ratio 0.6 0.75 Bullish

Statistics: TX

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Financial Highlights

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Institutional Holders (2026 Q1)

143 + investors

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

QUARTER:
Top 25 TX holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Contrarian Capital Management, L.L.C. 11.17% 992,413 $39.8M
2 Cape Ann Asset Management Ltd 9.74% 1,067,811 $42.9M
3 Oaktree Fund Advisors, LLC 2.69% 38,186 $1.5M
4 Donald Smith & CO., INC. 2.64% 3,656,867 $146.8M
5 Ninety One North America, Inc. 1.08% 598,167 $24.0M
6 Lazard Asset Management LLC 0.42% 6,336,127 $254.4M
7 Oaktree Capital Management LP 0.37% 582,924 $23.4M
8 Militia Capital Management LLC 0.34% 37,000 $1.5M
9 Empirical Finance, LLC 0.30% 161,171 $6.5M
10 Westwood Global Investments, LLC 0.27% 181,022 $7.3M
11 Oldfield Partners LLP 0.23% 23,495 $897K
12 Arrow Investment Advisors, LLC 0.22% 5,256 $211K
13 WealthTrust Axiom LLC 0.18% 18,650 $749K
14 Cornerstone Select Advisors, LLC 0.15% 5,888 $236K
15 Numerai GP LLC 0.14% 35,523 $1.4M
16 Prudential plc 0.14% 590,781 $23.7M
17 CoreCommodity Management, LLC 0.14% 18,483 $742K
18 Investors Research Corp 0.13% 16,950 $681K
19 Ninety One UK Ltd 0.12% 1,291,623 $51.9M
20 Bearing Point Capital, LLC 0.11% 18,000 $723K
21 Deprince Race & Zollo Inc 0.08% 111,882 $4.5M
22 Schroder Investment Management Group 0.08% 2,421,218 $97.2M
23 Aigen Investment Management, LP 0.06% 6,046 $243K
24 Dynamic Technology Lab Private Ltd 0.05% 7,488 $301K
25 Symphony Financial, Ltd. Co. 0.05% 8,805 $347K
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 — Ternium SA (TX)

What does the Smart Money Trend signal show for TX?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added TX 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 TX?

Slight buying edge — 56% buying: Last quarter: 75 funds bought or added vs 58 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 TX holders?

Strong quality — 20% AUM from major funds: 31 of 143 holders rank in the top 100 by AUM, accounting for 20% 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 TX?

66% of holders stayed for 2+ years: 94 out of 143 hedge funds have held TX 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 Ternium SA (TX) following the 2026 Q1 hedge fund 13F filings?

As of today, TX has moved +12.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of +10.8%. Since the quarter end (March 31, 2026), TX has gained +20.2% vs +15.9% for SPY. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to 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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