Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

West Fraser Timber Ltd (WFG)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +12
Streak
1Q ▲
Buyers last Q
59%

Smart Money Signals — WFG

Based on 168 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 WFG 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 — 79% of 3.0Y peak

79% of all-time peak
168 funds currently hold this stock — 79% of the 3.0-year high of 213 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 21% fewer funds vs a year ago

fund count last 6Q
45 fewer hedge funds hold WFG compared to a year ago (-21% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 59% buying

103 buying71 selling
Last quarter: 103 funds bought or added vs 71 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 (+12 vs last Q)

new funds entering per quarter
Funds opening a new WFG position: 22 → 21 → 23 → 35. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 18% medium ■ 22% new
101 out of 168 hedge funds have held WFG 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

30 → 22 → 21 → 23 → 35 new funds/Q
New funds entering each quarter: 22 → 21 → 23 → 35. A growing number of institutions are discovering WFG each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 64% veterans vs 21% newcomers

■ 64% veterans ■ 15% 1-2yr ■ 21% new
Entry-cohort mix of 173 holders: 110 (64%) are 2+ year veterans, 26 entered 1–2 years ago, and 37 (21%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 54% AUM from top-100 funds

54% from top-100 AUM funds
38 of 168 holders are among the 100 largest funds by AUM, controlling 54% of total institutional value in WFG. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.5
out of 10
Low Exit Risk
Exit risk score 2.5/10 — 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 — WFG

In 2026 Q1, 103 hedge funds were net buyers of WFG (35 opened a new position, 68 added to an existing one), while 71 reduced or exited (48 trimmed, 23 sold completely) — a 59% buyer ratio, indicating a slight buying edge. 54% of total institutional value in WFG is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +12 funds (more new holders than closures). Total institutional holders: 168.

Hedge Fund Ownership: WFG

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

Market Analysis: WFG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: WFG

-- --

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

Is It Too Late to Buy West Fraser Timber Ltd (WFG) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much WFG 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 · 85d ago
WFG
+3.1%
SPY
+14.9%

WFG outperformed SPY by -11.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 40d ago
WFG
+13.6%
SPY
+1.1%

Since the filing became public, WFG outperformed SPY by +12.5% .

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.

13 top-rated funds 3 high-conviction
Consensus
5.0
/ 10
breadth
×
Elite
3.7
/ 10
conviction
Hedge Fund Positioning: WFG
168 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 168 156 7.69%
13F Shares 38M 38M 0.3%
Total Value $2.18B $2.02B 8.0%
New Positions 35 23 +12
Increased Positions 66 58 +8
Closed Positions 23 47 -24
Reduced Positions 46 57 -11
Total Calls 3 5 -40.0%
Total Puts 2 1 100.0%
PUT/CALL Ratio 0.67 0.2 Bullish

Statistics: WFG

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Valuation Measures Data as of: --

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Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

168 + investors

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

QUARTER:
Top 25 WFG holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 SailingStone Capital Partners LLC 5.40% 261,199 $23.8M
2 Lightrock Netherlands B.V. 4.28% 306,721 $20.1M
3 Robotti Robert 3.01% 295,880 $19.3M
4 NewGen Asset Management Ltd 2.52% 100,000 $6.5M
5 Donald Smith & CO., INC. 2.00% 1,702,814 $111.2M
6 Letko, Brosseau & Associates Inc 1.49% 1,417,201 $92.3M
7 Impala Asset Management LLC 1.37% 44,826 $2.9M
8 Manning & Napier Advisors LLC 1.35% 1,462,481 $95.5M
9 CoreCommodity Management, LLC 0.53% 43,585 $2.8M
10 EJF Capital LP 0.46% 10,000 $653K
11 FIL Ltd 0.44% 8,734,235 $570.5M
12 Larry Mathis Financial Planning, LLC 0.40% 6,903 $451K
13 Intact Investment Management INC. 0.37% 198,000 $12.9M
14 Timelo Investment Management Inc. 0.32% 6,200 $405K
15 Atlas FRM LLC 0.24% 56,000 $3.7M
16 Northwest & Ethical Investments L.P. 0.19% 124,969 $8.2M
17 Smead Capital Management, Inc. 0.16% 114,778 $7.5M
18 Mackenzie Financial Corp 0.14% 1,787,883 $116.8M
19 Pacifica Partners Inc. 0.13% 5,905 $385K
20 Anson Funds Management LP 0.12% 20,100 $1.3M
21 Van Lanschot Kempen Investment Management N.V. 0.11% 139,558 $12.7M
22 Marnell Management LLC 0.11% 4,676 $305K
23 1832 Asset Management L.P. 0.11% 1,757,430 $114.7M
24 Bank of Nova Scotia Trust Co 0.09% 15,737 $1.0M
25 SIG North Trading, ULC 0.07% 55,100 $3.6M
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

Frequently Asked Questions — West Fraser Timber Ltd (WFG)

What does the Smart Money Trend signal show for WFG?

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

Slight buying edge — 59% buying: Last quarter: 103 funds bought or added vs 71 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 WFG holders?

Elite ownership — 54% AUM from top-100 funds: 38 of 168 holders are among the 100 largest funds by AUM, controlling 54% of total institutional value in WFG. 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 WFG?

60% of holders stayed for 2+ years: 101 out of 168 hedge funds have held WFG 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 West Fraser Timber Ltd (WFG) following the 2026 Q1 hedge fund 13F filings?

As of today, WFG has moved +13.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.1% for the SPY sector ETF — an outperformance of +12.5%. Since the quarter end (March 31, 2026), WFG has gained +3.1% vs +14.9% 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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