Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Apartment Invt & Mgmt Co (AIV)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -33
Streak
2Q ▼
Buyers last Q
37%

Smart Money Signals — AIV

Based on 153 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their AIV 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 — 71% of 3.0Y peak

71% of all-time peak
153 funds currently hold this stock — 71% of the 3.0-year high of 214 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 27% fewer funds vs a year ago

fund count last 6Q
56 fewer hedge funds hold AIV compared to a year ago (-27% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🔴

Heavy selling pressure — only 37% buying

63 buying107 selling
Last quarter: 107 funds sold vs only 63 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
⚠️

Fewer new buyers each quarter (-33 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 44 → 49 → 54 → 21. 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.
🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 19% medium ■ 22% new
90 out of 153 hedge funds have held AIV 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 -6%, value -34%

Value
-33%
Shares
-6%
Last quarter: funds added -6% more shares while total portfolio value only changed -34%. 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

26 → 44 → 49 → 54 → 21 new funds/Q
New funds entering each quarter: 44 → 49 → 54 → 21. AIV is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 68% veterans vs 23% newcomers

■ 68% veterans ■ 9% 1-2yr ■ 23% new
Entry-cohort mix of 156 holders: 106 (68%) are 2+ year veterans, 14 entered 1–2 years ago, and 36 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 17% AUM from top-100

17% from top-100 AUM funds
34 of 153 holders rank in the top 100 by AUM, but together hold only 17% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
2.8
out of 10
Low Exit Risk
Exit risk score 2.8/10 — 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 — AIV

In 2026 Q2, 63 hedge funds were net buyers of AIV (21 opened a new position, 42 added to an existing one), while 107 reduced or exited (53 trimmed, 54 sold completely) — a 37% buyer ratio, indicating net institutional distribution. Net selling has persisted for two consecutive quarters. Net fund flow last quarter: -33 funds (more exits than new entries). Total institutional holders: 153.

Hedge Fund Ownership: AIV

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

Market Analysis: AIV

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: AIV

-- --

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

Is It Too Late to Buy Apartment Invt & Mgmt Co (AIV) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much AIV has moved relative to its sector benchmark (XLRE) since the 2026 Q2 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 June 30, 2026 · 57d ago
AIV
-12.5%
XLRE
-39.0%

AIV outperformed XLRE by +26.5% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 12d ago
AIV
-1.5%
XLRE
-12.7%

Since the filing became public, AIV outperformed XLRE by +11.2% .

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.

8 top-rated funds 1 high-conviction
Consensus
4.1
/ 10
breadth
×
Elite
1.5
/ 10
conviction
Hedge Fund Positioning: AIV
153 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 153 186 -17.74%
13F Shares 112M 120M -6.4%
Total Value $272M $412M -33.93%
New Positions 21 54 -33
Increased Positions 41 55 -14
Closed Positions 54 82 -28
Reduced Positions 53 51 +2
Total Calls 1 1 -
Total Puts 2 1 100.0%
PUT/CALL Ratio 2.0 1.0 Bearish

Statistics: AIV

View More

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 Q2)

153 + investors

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

QUARTER:
Top 25 AIV holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Newtyn Management, LLC 4.52% 12,200,000 $36.2M
2 Madison Avenue Partners, LP 1.58% 12,374,991 $36.8M
3 Owl Creek Asset Management, L.P. 1.46% 5,927,644 $17.6M
4 Landmark Investment Partners, L.P. 1.29% 1,981,897 $5.1M
5 Union Square Park Capital Management, LLC 1.20% 1,125,000 $3.3M
6 Meros Investment Management, LP 0.91% 967,132 $2.9M
7 Mangrove Partners IM, LLC 0.87% 4,459,396 $13.2M
8 Northern Right Capital Management, L.P. 0.42% 479,342 $1.4M
9 Worth Venture Partners, LLC 0.39% 57,900 $172K
10 Bulldog Investors, LLP 0.33% 500,000 $1.5M
11 683 Capital Management, LLC 0.31% 2,100,000 $6.2M
12 Yakira Capital Management, Inc. 0.29% 345,657 $1.0M
13 Beverly Hills Private Wealth, LLC 0.29% 516,105 $1.5M
14 DLD Asset Management, LP 0.25% 1,277,578 $3.8M
15 Greenland Capital Management LP 0.24% 650,000 $1.9M
16 Irenic Capital Management LP 0.20% 1,398,460 $4.2M
17 SummitTX Capital, L.P. 0.18% 2,306,732 $6.9M
18 Zimmer Partners, LP 0.14% 2,027,500 $6.0M
19 GABELLI & Co INVESTMENT ADVISERS, INC. 0.14% 318,315 $945K
20 Caldwell Sutter Capital, INC. 0.11% 98,458 $292K
21 Alpine Global Management, LLC 0.10% 200,000 $594K
22 T3 Companies, LLC 0.10% 30,000 $89K
23 Avise Financial Cooperative, Inc. 0.08% 40,235 $119K
24 Quinn Opportunity Partners LLC 0.07% 494,935 $1.5M
25 Sage Investment Counsel LLC 0.04% 15,000 $45K
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 — Apartment Invt & Mgmt Co (AIV)

What does the Smart Money Trend signal show for AIV?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their AIV 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 AIV?

Heavy selling pressure — only 37% buying: Last quarter: 107 funds sold vs only 63 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 AIV holders?

Smaller funds dominant — 17% AUM from top-100: 34 of 153 holders rank in the top 100 by AUM, but together hold only 17% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held AIV?

59% of holders stayed for 2+ years: 90 out of 153 hedge funds have held AIV 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 Apartment Invt & Mgmt Co (AIV) following the 2026 Q2 hedge fund 13F filings?

As of today, AIV has moved -1.5% since the 2026 Q2 13F filing date (August 14, 2026), compared to -12.7% for the XLRE sector ETF — an outperformance of +11.2%. Since the quarter end (June 30, 2026), AIV has gained -12.5% vs -39.0% for XLRE. 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.

Full history →