Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Winmark Corp (WINA)

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

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -14
Streak
1Q ▼
Buyers last Q
51%

Smart Money Signals — WINA

Based on 215 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 WINA 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 — 94% of 3.0Y peak

94% of all-time peak
215 funds currently hold this stock — 94% of the 3.0-year high of 229 funds (reached 2026 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding WINA is almost the same as a year ago (+5 funds, +2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 51% buying

116 buying111 selling
Last quarter: 116 funds bought or added vs 111 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 (-21 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 28 → 35 → 48 → 27. 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.
🔒

51% of holders stayed for 2+ years

51% conviction (2yr+) 25% medium 25% new
109 out of 215 hedge funds have held WINA 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.
💎

Buying through price weakness — shares +41%, value -1%

Value
-1%
Shares
+41%
Last quarter: funds added +41% more shares while total portfolio value only changed -1%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

46 → 28 → 35 → 48 → 27 new funds/Q
New funds entering each quarter: 28 → 35 → 48 → 27. A growing number of institutions are discovering WINA each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 53% veterans vs 32% newcomers

53% veterans 15% 1-2yr 32% new
Entry-cohort mix of 215 holders: 115 (53%) are 2+ year veterans, 32 entered 1–2 years ago, and 68 (32%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 56% AUM from top-100 funds

56% from top-100 AUM funds
49 of 215 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in WINA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — 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 — WINA

In 2026 Q2, 116 hedge funds were net buyers of WINA (27 opened a new position, 89 added to an existing one), while 111 reduced or exited (70 trimmed, 41 sold completely) — a 51% buyer ratio, indicating a slight buying edge. 56% of total institutional value in WINA is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -14 funds (more exits than new entries). Total institutional holders: 215.

Hedge Fund Ownership: WINA

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

Market Analysis: WINA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: WINA

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

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

11 top-rated funds 2 high-conviction
Consensus
4.7
/ 10
breadth
×
Elite
1.7
/ 10
conviction
Hedge Fund Positioning: WINA
212 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 212 229 -7.42%
13F Shares 3M 3M -1.41%
Total Value $1.34B $1.36B -1.4%
New Positions 27 48 -21
Increased Positions 87 85 +2
Closed Positions 44 38 +6
Reduced Positions 70 65 +5
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: WINA

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Institutional Holders (2026 Q2)

212 + investors

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

QUARTER:
Top 25 WINA holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Nine Ten Capital Management LLC 11.02% 83,671 $35.4M
2 AltraVue Capital, LLC 5.26% 172,363 $72.9M
3 Port Capital LLC 1.50% 86,767 $36.7M
4 Legato Capital Management LLC 0.63% 17,925 $7.6M
5 Copeland Capital Management, LLC 0.55% 63,059 $26.7M
6 Northstar Asset Management Inc 0.51% 4,114 $1.7M
7 Mountain Pacific Investment Advisers LLC 0.38% 5,668 $2.4M
8 Schwartz Investment Counsel Inc 0.38% 26,880 $11.4M
9 Promethium Advisors,LLC 0.30% 1,485 $628K
10 Landscape Capital Management, L.L.C. 0.17% 6,205 $2.6M
11 Schwarz Dygos Wheeler Investment Advisors LLC 0.17% 2,050 $867K
12 White Pine Capital LLC 0.16% 1,565 $662K
13 Kennedy Capital Management LLC 0.15% 20,043 $8.5M
14 Jacobs Levy Equity Management, Inc 0.14% 92,300 $39.1M
15 Murphy Pohlad Asset Management LLC 0.14% 940 $398K
16 Renaissance Technologies LLC 0.12% 204,412 $86.5M
17 Select Equity Group, L.P. 0.11% 50,929 $21.5M
18 Stonebridge Capital Advisors LLC 0.10% 3,835 $1.6M
19 Numerai GP LLC 0.10% 2,888 $1.2M
20 Congress Asset Management Co 0.09% 34,581 $14.6M
21 James Investment Research, INC. 0.08% 1,881 $796K
22 Neuberger Berman Group LLC 0.08% 286,587 $121.2M
23 Knightsbridge Asset Management, LLC 0.07% 1,147 $465K
24 Legacy Wealth Asset Management, LLC 0.06% 697 $295K
25 Vest Financial, LLC 0.06% 12,957 $5.5M
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 — Winmark Corp (WINA)

What does the Smart Money Trend signal show for WINA?

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

Slight buying edge — 51% buying: Last quarter: 116 funds bought or added vs 111 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 WINA holders?

Elite ownership — 56% AUM from top-100 funds: 49 of 215 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in WINA. 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 WINA?

51% of holders stayed for 2+ years: 109 out of 215 hedge funds have held WINA 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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