Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Texas Roadhouse Inc (TXRH)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +7
Streak
2Q ▲
Buyers last Q
54%

Smart Money Signals — TXRH

Based on 618 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added TXRH 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.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
618 hedge funds hold TXRH right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding TXRH is almost the same as a year ago (+16 funds, +3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 54% buying

336 buying281 selling
Last quarter: 336 funds bought or added vs 281 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.
⚠️

Fewer new buyers each quarter (-28 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 90 → 77 → 115 → 87. 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.
🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 21% medium ■ 20% new
364 out of 618 hedge funds have held TXRH 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.
📈

Growing discovery — still being found

90 → 90 → 77 → 115 → 87 new funds/Q
New funds entering each quarter: 90 → 77 → 115 → 87. A growing number of institutions are discovering TXRH each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 64% veterans vs 25% newcomers

■ 64% veterans ■ 12% 1-2yr ■ 25% new
Entry-cohort mix of 636 holders: 405 (64%) are 2+ year veterans, 74 entered 1–2 years ago, and 157 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 52% AUM from top-100 funds

52% from top-100 AUM funds
59 of 614 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in TXRH. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — 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 — TXRH

In 2026 Q1, 336 hedge funds were net buyers of TXRH (87 opened a new position, 249 added to an existing one), while 281 reduced or exited (201 trimmed, 80 sold completely) — a 54% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 52% of total institutional value in TXRH is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +7 funds (more new holders than closures). Total institutional holders: 618.

Hedge Fund Ownership: TXRH

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

Market Analysis: TXRH

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TXRH

-- --

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

Is It Too Late to Buy Texas Roadhouse Inc (TXRH) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much TXRH has moved relative to its sector benchmark (XLY) 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
TXRH
+1.5%
XLY
+8.9%

TXRH outperformed XLY by -7.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
TXRH
-5.5%
XLY
+1.9%

Since the filing became public, TXRH outperformed XLY by -7.4% .

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.

36 top-rated funds 0 high-conviction
Consensus
6.8
/ 10
breadth
×
Elite
1.7
/ 10
conviction
Hedge Fund Positioning: TXRH
614 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 614 611 0.49%
13F Shares 65M 65M 0.77%
Total Value $10.08B $10.66B -5.46%
New Positions 85 115 -30
Increased Positions 243 198 +45
Closed Positions 82 86 -4
Reduced Positions 194 214 -20
Total Calls 10 13 -23.08%
Total Puts 12 10 20.0%
PUT/CALL Ratio 1.2 0.77 Neutral

Statistics: TXRH

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Valuation Measures Data as of: --

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Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

614 + investors

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

QUARTER:
Top 25 TXRH holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Steadfast Capital Management LP 5.14% 909,109 $150.1M
2 Park Presidio Capital LLC 4.95% 427,182 $70.5M
3 Geneva Capital Management LLC 2.80% 796,723 $131.6M
4 Ranger Investment Management, L.P. 2.03% 170,182 $28.1M
5 Running Oak Capital LLC 1.82% 81,579 $13.5M
6 Cartenna Capital, LP 1.81% 300,000 $49.5M
7 GPM Growth Investors, Inc. 1.76% 25,401 $4.2M
8 Hendershot Investments Inc. 1.62% 72,854 $12.0M
9 Red Spruce Capital, LLC 1.49% 22,012 $3.6M
10 Darwins River Capital, LP 1.08% 12,249 $2.0M
11 Aire Advisors, LLC 1.06% 35,000 $5.8M
12 Town & Country Bank & Trust CO dba First Bankers Trust CO 1.04% 18,574 $3.1M
13 Stephens Investment Management Group LLC 0.91% 404,000 $66.7M
14 Savoir Faire Capital Management, L.P. 0.89% 8,895 $1.5M
15 ClearAlpha Technologies LP 0.78% 2,303 $380K
16 Cinctive Capital Management LP 0.77% 71,840 $11.9M
17 Braun Stacey Associates Inc 0.74% 133,889 $22.1M
18 Bridge City Capital, LLC 0.69% 15,085 $2.5M
19 Broadleaf Partners, LLC 0.65% 16,877 $2.8M
20 Albert D Mason Inc 0.65% 6,050 $999K
21 Clarus Wealth Advisors 0.63% 9,279 $1.5M
22 Marks Group Wealth Management, Inc 0.61% 38,446 $6.3M
23 Logan Capital Management Inc 0.58% 80,491 $13.3M
24 Palisade Capital Management, LP 0.57% 103,280 $17.1M
25 Fairvoy Private Wealth, LLC 0.54% 13,796 $2.3M
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 — Texas Roadhouse Inc (TXRH)

What does the Smart Money Trend signal show for TXRH?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added TXRH 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 TXRH?

Slight buying edge — 54% buying: Last quarter: 336 funds bought or added vs 281 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 TXRH holders?

Elite ownership — 52% AUM from top-100 funds: 59 of 614 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in TXRH. 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 TXRH?

59% of holders stayed for 2+ years: 364 out of 618 hedge funds have held TXRH 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 Texas Roadhouse Inc (TXRH) following the 2026 Q1 hedge fund 13F filings?

As of today, TXRH has moved -5.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.9% for the XLY sector ETF — an outperformance of -7.4%. Since the quarter end (March 31, 2026), TXRH has gained +1.5% vs +8.9% for XLY. 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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