Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

ACNB CORP (ACNB)

105 + Investors. Track Smart Money conviction in ACNB. 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
↑ +10
Streak
3Q ▲
Buyers last Q
65%

Smart Money Signals — ACNB

Based on 106 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added ACNB 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
106 hedge funds hold ACNB 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 — +25% more funds vs a year ago

fund count last 6Q
+21 new funds entered over the past year (+25% 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 — 65% buying

61 buying33 selling
Last quarter: 61 funds were net buyers (21 opened a brand new position + 40 added to an existing one). Only 33 were sellers (22 trimmed + 11 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~21 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 10 → 17 → 17 → 21. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

49% of holders stayed for 2+ years

49% conviction (2yr+) 22% medium 29% new
52 out of 106 hedge funds have held ACNB 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

19 → 10 → 17 → 17 → 21 new funds/Q
New funds entering each quarter: 10 → 17 → 17 → 21. A growing number of institutions are discovering ACNB each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 56% of holders stayed 2+ years

56% veterans 8% 1-2yr 37% new
Of 106 current holders: 59 (56%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 48% AUM from top-100 funds

48% from top-100 AUM funds
37 of 106 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in ACNB. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.2
out of 10
Moderate Exit Risk
Exit risk score 4.2/10 — 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 — ACNB

In 2026 Q1, 61 hedge funds were net buyers of ACNB (21 opened a new position, 40 added to an existing one), while 33 reduced or exited (22 trimmed, 11 sold completely) — a 65% buyer ratio, indicating clear institutional accumulation. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 48% of total institutional value in ACNB is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +10 funds (more new holders than closures). Total institutional holders: 106.

Hedge Fund Ownership: ACNB

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

Market Analysis: ACNB

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ACNB

-- --

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

Is It Too Late to Buy ACNB CORP (ACNB) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much ACNB has moved relative to its sector benchmark (XLF) 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 · 54d ago
ACNB
+14.1%
XLF
+5.2%

ACNB outperformed XLF by +8.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 9d ago
ACNB
+4.7%
XLF
+1.6%

Since the filing became public, ACNB outperformed XLF by +3.1% .

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.

14 top-rated funds 0 high-conviction
Consensus
5.1
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: ACNB
105 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 105 96 9.38%
13F Shares 4M 4M 0.82%
Total Value $197M $198M -0.35%
New Positions 20 17 +3
Increased Positions 39 35 +4
Closed Positions 11 7 +4
Reduced Positions 23 28 -5
Total Calls 0 0 -
Total Puts 1 2 -50.0%
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: ACNB

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Institutional Holders (2026 Q1)

105 + investors

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

QUARTER:
Top 25 institutional holders of ACNB — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Private Capital Management, LLC 1.71% 359,742 $17.2M
2 MALTESE CAPITAL MANAGEMENT LLC 0.81% 85,600 $4.1M
3 truNorth Financial Services, Inc. 0.24% 4,806 $230K
4 PLANNING DIRECTIONS INC 0.11% 4,433 $212K
5 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.10% 106,157 $5.1M
6 Tripletail Wealth Management, LLC 0.07% 1,060 $51K
7 RKL Wealth Management LLC 0.06% 13,405 $642K
8 Pinnacle Wealth Planning Services, Inc. 0.06% 11,363 $544K
9 EQUITABLE TRUST CO 0.02% 9,470 $453K
10 Greenspring Advisors, LLC 0.02% 7,022 $336K
11 Empowered Funds, LLC 0.02% 59,757 $2.9M
12 FIRST UNITED BANK & TRUST 0.02% 990 $47K
13 OCCUDO QUANTITATIVE STRATEGIES LP 0.01% 4,033 $204K
14 SEGALL BRYANT & HAMILL, LLC 0.01% 11,692 $548K
15 XTX Topco Ltd 0.01% 10,231 $490K
16 FINANCIAL CONSULATE, INC 0.01% 1,150 $55K
17 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% 162,978 $7.8M
18 AlphaCore Capital LLC 0.01% 5,416 $259K
19 AMERICAN CENTURY COMPANIES INC 0.00% 183,620 $8.8M
20 Kestra Advisory Services, LLC 0.00% 24,158 $1.2M
21 Tower Research Capital LLC (TRC) 0.00% 2,349 $112K
22 Quadrature Capital Ltd 0.00% 5,107 $244K
23 Wealthspire Advisors, LLC 0.00% 7,617 $365K
24 Equitable Holdings, Inc. 0.00% 6,228 $301K
25 RENAISSANCE TECHNOLOGIES LLC 0.00% 24,556 $1.2M
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 — ACNB CORP (ACNB)

What does the Smart Money Trend signal show for ACNB?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added ACNB 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 ACNB?

More buyers than sellers — 65% buying: Last quarter: 61 funds were net buyers (21 opened a brand new position + 40 added to an existing one). Only 33 were sellers (22 trimmed + 11 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for ACNB holders?

Elite ownership — 48% AUM from top-100 funds: 37 of 106 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in ACNB. 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 ACNB?

49% of holders stayed for 2+ years: 52 out of 106 hedge funds have held ACNB 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 ACNB CORP (ACNB) following the 2026 Q1 hedge fund 13F filings?

As of today, ACNB has moved +4.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.6% for the XLF sector ETF — an outperformance of +3.1%. Since the quarter end (March 31, 2026), ACNB has gained +14.1% vs +5.2% for XLF. 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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