Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

AGENUS INC (AGEN)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -11
Streak
1Q ▼
Buyers last Q
34%

Smart Money Signals — AGEN

Based on 85 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 AGEN 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 — 89% of 3.0Y peak

89% of all-time peak
85 funds currently hold this stock — 89% of the 3.0-year high of 96 funds (reached 2025 Q4). 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 AGEN is almost the same as a year ago (-1 funds, -1% change). No significant rush to buy or sell — institutional backing is holding steady.
🔴

Heavy selling pressure — only 34% buying

29 buying56 selling
Last quarter: 56 funds sold vs only 29 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
⚠️

Fewer new buyers each quarter (-9 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 34 → 20 → 21 → 12. 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.
🔄

Mostly new holders — 31% entered in last year

■ 7% conviction (2yr+) ■ 62% medium ■ 31% new
Only 6 funds (7%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💎

Buying through price weakness — shares -11%, value -55%

Value
-54%
Shares
-11%
Last quarter: funds added -11% more shares while total portfolio value only changed -55%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

18 → 34 → 20 → 21 → 12 new funds/Q
New funds entering each quarter: 34 → 20 → 21 → 12. AGEN is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
📊

Mixed cohorts — 6% veterans, 37% new entrants

■ 6% veterans ■ 57% 1-2yr ■ 37% new
Of 89 current holders: 5 (6%) held 2+ years, 51 held 1–2 years, 33 (37%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
✅

Strong quality — 20% AUM from major funds

20% from top-100 AUM funds
25 of 85 holders rank in the top 100 by AUM, accounting for 20% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — 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 — AGEN

In 2026 Q1, 29 hedge funds were net buyers of AGEN (12 opened a new position, 17 added to an existing one), while 56 reduced or exited (33 trimmed, 23 sold completely) — a 34% buyer ratio, indicating net institutional distribution. 20% of total institutional value in AGEN is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -11 funds (more exits than new entries). Total institutional holders: 85.

Hedge Fund Ownership: AGEN

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

Market Analysis: AGEN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: AGEN

-- --

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

Is It Too Late to Buy AGENUS INC (AGEN) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much AGEN has moved relative to its sector benchmark (XLV) 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 · 64d ago
AGEN
+1.3%
XLV
+0.0%

AGEN outperformed XLV by +1.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 19d ago
AGEN
-8.0%
XLV
+0.0%

Since the filing became public, AGEN outperformed XLV by -8.0% .

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.

10 top-rated funds 0 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
0.0
/ 10
conviction
Hedge Fund Positioning: AGEN
85 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 85 96 -11.46%
13F Shares 9M 11M -11.18%
Total Value $31M $67M -54.53%
New Positions 12 21 -9
Increased Positions 15 26 -11
Closed Positions 23 13 +10
Reduced Positions 33 29 +4
Total Calls 2 3 -33.33%
Total Puts 2 2 -
PUT/CALL Ratio 1.0 0.67 Neutral

Statistics: AGEN

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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)

85 + investors

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

QUARTER:
Top 25 institutional holders of AGEN — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Siren, L.L.C. 0.10% 1,064,250 $3.6M
2 Redwood Family Wealth LLC 0.05% 14,140 $47K
3 Post Resch Tallon Group Inc. 0.04% 12,750 $44K
4 Key Client Fiduciary Advisors, LLC 0.03% 25,266 $84K
5 683 Capital Management, LLC 0.02% 114,336 $382K
6 Values First Advisors, Inc. 0.02% 11,191 $37K
7 AXQ CAPITAL, LP 0.01% 29,055 $97K
8 Avestar Capital, LLC 0.01% 41,000 $137K
9 Jump Financial, LLC 0.01% 157,200 $525K
10 TWO SIGMA SECURITIES, LLC 0.01% 17,744 $59K
11 PRELUDE CAPITAL MANAGEMENT, LLC 0.00% 14,900 $50K
12 Graham Capital Management, L.P. 0.00% 29,910 $100K
13 MARSHALL WACE, LLP 0.00% 688,203 $2.3M
14 Forum Finance Group S.A. 0.00% 1,300 —
15 Covestor Ltd 0.00% 915 —
16 PANAGORA ASSET MANAGEMENT INC 0.00% 163,148 $545K
17 Man Group plc 0.00% 278,980 $932K
18 Walleye Capital LLC 0.00% 120,565 $403K
19 Connor, Clark & Lunn Investment Management Ltd. 0.00% 198,502 $663K
20 RENAISSANCE TECHNOLOGIES LLC 0.00% 285,646 $954K
21 Engineers Gate Manager LP 0.00% 34,270 $114K
22 Pinnacle Wealth Planning Services, Inc. 0.00% 3,373 $11K
23 ACADIAN ASSET MANAGEMENT LLC 0.00% 215,047 —
24 Game Plan Financial Advisors, LLC 0.00% 585 $2K
25 OMERS ADMINISTRATION Corp 0.00% 34,700 $116K
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 — AGENUS INC (AGEN)

What does the Smart Money Trend signal show for AGEN?

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

Heavy selling pressure — only 34% buying: Last quarter: 56 funds sold vs only 29 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for AGEN holders?

Strong quality — 20% AUM from major funds: 25 of 85 holders rank in the top 100 by AUM, accounting for 20% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held AGEN?

Mostly new holders — 31% entered in last year: Only 6 funds (7%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy AGENUS INC (AGEN) following the 2026 Q1 hedge fund 13F filings?

As of today, AGEN has moved -8.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.0% for the XLV sector ETF — an outperformance of -8.0%. Since the quarter end (March 31, 2026), AGEN has gained +1.3% vs +0.0% for XLV. 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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