Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Western Copper & Gold Corp (WRN)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +21
Streak
8Q ▲
Buyers last Q
77%

Smart Money Signals — WRN

Based on 86 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 8 quarters in a row

last 6Q
For 8 consecutive quarters, more hedge funds added WRN 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
86 hedge funds hold WRN 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.
🚀

Fast accumulation — +72% more funds vs a year ago

fund count last 6Q
+36 new funds entered over the past year (+72% 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.
🟢

More buyers than sellers — 77% buying

64 buying19 selling
Last quarter: 64 funds were net buyers (29 opened a brand new position + 35 added to an existing one). Only 19 were sellers (11 trimmed + 8 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+18 vs last Q)

new funds entering per quarter
Funds opening a new WRN position: 8 → 16 → 11 → 29. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
📌

Mixed — 36% long-term, 43% new

■ 36% conviction (2yr+) ■ 21% medium ■ 43% new
Of the 86 current holders: 31 (36%) held >2 years, 18 held 1–2 years, and 37 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💎

Buying through price weakness — shares +64%, value +37%

Value
+37%
Shares
+64%
Last quarter: funds added +64% more shares while total portfolio value only changed +37%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
🚀

Acceleration phase — new buyers rushing in

10 → 8 → 16 → 11 → 29 new funds/Q
New funds entering each quarter: 8 → 16 → 11 → 29. 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.
🏛️

Veteran-anchored — 40% veterans vs 44% newcomers

■ 40% veterans ■ 16% 1-2yr ■ 44% new
Entry-cohort mix of 86 holders: 34 (40%) are 2+ year veterans, 14 entered 1–2 years ago, and 38 (44%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 50% AUM from top-100 funds

50% from top-100 AUM funds
20 of 86 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in WRN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.8
out of 10
Moderate Exit Risk
Exit risk score 4.8/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 — WRN

In 2026 Q1, 64 hedge funds were net buyers of WRN (29 opened a new position, 35 added to an existing one), while 19 reduced or exited (11 trimmed, 8 sold completely) — a 77% buyer ratio, indicating clear institutional accumulation. This marks 8 consecutive quarters of net institutional buying — a persistent conviction signal. 50% of total institutional value in WRN is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +21 funds (more new holders than closures). Total institutional holders: 86.

Hedge Fund Ownership: WRN

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

Market Analysis: WRN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: WRN

-- --

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

Is It Too Late to Buy Western Copper & Gold Corp (WRN) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much WRN 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 · 80d ago
WRN
nan%
SPY
+13.9%

WRN outperformed SPY by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 35d ago
WRN
nan%
SPY
+0.2%

Since the filing became public, WRN outperformed SPY by nan% .

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.

7 top-rated funds 0 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
0.5
/ 10
conviction
Hedge Fund Positioning: WRN
86 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 86 65 32.31%
13F Shares 49M 30M 63.98%
Total Value $109M $79M 37.05%
New Positions 29 11 +18
Increased Positions 35 23 +12
Closed Positions 8 9 -1
Reduced Positions 11 18 -7
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: WRN

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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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

Profitability
Profit Margin --
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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

86 + investors

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

QUARTER:
Top 25 WRN holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Global Strategic Management Inc 0.92% 439,200 $1.1M
2 Auxano Advisors, LLC 0.57% 1,124,000 $2.8M
3 Waratah Capital Advisors Ltd. 0.30% 3,130,614 $7.9M
4 Wealth Management Associates, Inc. 0.19% 218,830 $554K
5 PenderFund Capital Management Ltd. 0.07% 186,145 $472K
6 MMCAP International Inc. SPC 0.07% 335,130 $851K
7 Sweeney & Michel, LLC 0.05% 61,219 $174K
8 Tidal Investments LLC 0.03% 5,975,889 $15.1M
9 Aigen Investment Management, LP 0.03% 40,321 $119K
10 Quantbot Technologies LP 0.02% 223,962 $567K
11 Gamco Investors, INC. Et Al 0.01% 534,800 $1.4M
12 XTX Topco Ltd 0.01% 229,800 $581K
13 Jump Financial, LLC 0.01% 291,061 $736K
14 International Assets Investment Management, LLC 0.01% 53,000 $139K
15 Two Sigma Securities, LLC 0.01% 32,455 $82K
16 Walleye Capital LLC 0.01% 888,943 $2.2M
17 Axq Capital, LP 0.01% 25,543 $65K
18 Prospera Financial Services Inc 0.01% 159,250 $403K
19 Sprott INC. 0.01% 86,830 $220K
20 Quadrature Capital Ltd 0.01% 190,475 $482K
21 Connor, Clark & Lunn Investment Management Ltd. 0.00% 705,000 $1.8M
22 Kovack Advisors, Inc. 0.00% 25,336 $64K
23 SBI Securities Co., Ltd. 0.00% 46,465 $118K
24 Franklin Resources Inc 0.00% 5,020,000 $12.7M
25 Lido Advisors, LLC 0.00% 399,400 $1.0M
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 — Western Copper & Gold Corp (WRN)

What does the Smart Money Trend signal show for WRN?

Buying streak — 8 quarters in a row: For 8 consecutive quarters, more hedge funds added WRN 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 WRN?

More buyers than sellers — 77% buying: Last quarter: 64 funds were net buyers (29 opened a brand new position + 35 added to an existing one). Only 19 were sellers (11 trimmed + 8 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for WRN holders?

Elite ownership — 50% AUM from top-100 funds: 20 of 86 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in WRN. 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 WRN?

Mixed — 36% long-term, 43% new: Of the 86 current holders: 31 (36%) held >2 years, 18 held 1–2 years, and 37 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Is it too late to buy Western Copper & Gold Corp (WRN) following the 2026 Q1 hedge fund 13F filings?

As of today, WRN has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), WRN has gained nan% vs +13.9% for SPY. 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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