Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Wingstop Inc (WING)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -51
Streak
1Q ▼
Buyers last Q
42%

Smart Money Signals — WING

Based on 401 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their WING 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 — 83% of 3.0Y peak

83% of all-time peak
401 funds currently hold this stock — 83% of the 3.0-year high of 484 funds (reached 2024 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 8% fewer funds vs a year ago

fund count last 6Q
33 fewer hedge funds hold WING compared to a year ago (-8% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 42% buying

206 buying283 selling
Last quarter: 283 funds reduced or exited vs 206 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 (-33 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 94 → 46 → 108 → 75. 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.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 18% medium ■ 22% new
241 out of 401 hedge funds have held WING 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 -7%, value -43%

Value
-42%
Shares
-7%
Last quarter: funds added -7% more shares while total portfolio value only changed -43%. 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

77 → 94 → 46 → 108 → 75 new funds/Q
New funds entering each quarter: 94 → 46 → 108 → 75. A growing number of institutions are discovering WING each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 66% veterans vs 26% newcomers

■ 66% veterans ■ 8% 1-2yr ■ 26% new
Entry-cohort mix of 429 holders: 282 (66%) are 2+ year veterans, 36 entered 1–2 years ago, and 111 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 45% AUM from top-100 funds

45% from top-100 AUM funds
57 of 395 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in WING. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.1
out of 10
Low Exit Risk
Exit risk score 3.1/10 — 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 — WING

In 2026 Q1, 206 hedge funds were net buyers of WING (75 opened a new position, 131 added to an existing one), while 283 reduced or exited (157 trimmed, 126 sold completely) — a 42% buyer ratio, indicating roughly balanced activity. 45% of total institutional value in WING is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -51 funds (more exits than new entries). Total institutional holders: 401.

Hedge Fund Ownership: WING

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

Market Analysis: WING

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: WING

-- --

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

Is It Too Late to Buy Wingstop Inc (WING) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much WING 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 · 82d ago
WING
+4.4%
XLY
+7.5%

WING outperformed XLY by -3.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 37d ago
WING
+25.2%
XLY
+0.5%

Since the filing became public, WING outperformed XLY by +24.7% .

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.

35 top-rated funds 3 high-conviction
Consensus
6.8
/ 10
breadth
×
Elite
2.8
/ 10
conviction
Hedge Fund Positioning: WING
400 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 400 452 -11.5%
13F Shares 34M 37M -7.35%
Total Value $4.74B $8.29B -42.87%
New Positions 74 108 -34
Increased Positions 130 139 -9
Closed Positions 126 74 +52
Reduced Positions 149 154 -5
Total Calls 15 13 15.38%
Total Puts 19 15 26.67%
PUT/CALL Ratio 1.27 1.15 Bearish

Statistics: WING

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Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

400 + investors

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

QUARTER:
Top 25 WING holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Darsana Capital Partners LP 4.12% 1,250,000 $193.7M
2 Savoir Faire Capital Management, L.P. 2.96% 31,584 $4.9M
3 Two Creeks Capital Management, LP 2.75% 172,808 $26.8M
4 Rivermont Capital Management LP 2.68% 82,021 $12.7M
5 Tremblant Capital Group 2.38% 477,101 $73.9M
6 Ravenswood Partners LP 1.77% 30,909 $4.8M
7 Champlain Investment Partners, LLC 1.07% 544,415 $84.4M
8 Ranger Investment Management, L.P. 0.92% 81,884 $12.7M
9 Copeland Capital Management, LLC 0.91% 263,116 $40.8M
10 Atreides Management, LP 0.84% 270,303 $41.9M
11 Wasatch Advisors LP 0.59% 572,082 $88.7M
12 Hussman Strategic Advisors, INC. 0.56% 16,800 $2.6M
13 Twinbeech Capital LP 0.48% 30,142 $4.7M
14 Platinum Investment Management Ltd 0.47% 12,000 $1.9M
15 Meiji Yasuda America Inc 0.46% 12,107 $1.9M
16 Zevenbergen Capital Investments LLC 0.44% 99,865 $15.5M
17 Stephens Investment Management Group LLC 0.42% 196,893 $30.5M
18 Cinctive Capital Management LP 0.41% 40,892 $6.3M
19 Future Fund LLC 0.33% 6,121 $949K
20 Taproot Management LP 0.29% 9,819 $1.5M
21 Alyeska Investment Group, L.P. 0.29% 652,442 $101.1M
22 Havemeyer Place LP 0.28% 15,400 $2.4M
23 Ceredex Value Advisors LLC 0.26% 53,675 $8.3M
24 Suvretta Capital Management, LLC 0.24% 59,500 $9.2M
25 Optimize Financial Inc 0.21% 2,796 $433K
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 — Wingstop Inc (WING)

What does the Smart Money Trend signal show for WING?

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

More sellers than buyers — 42% buying: Last quarter: 283 funds reduced or exited vs 206 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 WING holders?

Elite ownership — 45% AUM from top-100 funds: 57 of 395 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in WING. 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 WING?

60% of holders stayed for 2+ years: 241 out of 401 hedge funds have held WING 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 Wingstop Inc (WING) following the 2026 Q1 hedge fund 13F filings?

As of today, WING has moved +25.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.5% for the XLY sector ETF — an outperformance of +24.7%. Since the quarter end (March 31, 2026), WING has gained +4.4% vs +7.5% for XLY. 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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