Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

AMPHASTAR PHARMACEUTICALS INC COM (AMPH)

218 + Investors. Track Smart Money conviction in AMPH. 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
↓ -6
Streak
5Q ▼
Buyers last Q
49%

Smart Money Signals — AMPH

Based on 216 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 5 quarters in a row

last 6Q
For 5 consecutive quarters, more hedge funds reduced or closed their AMPH 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
216 funds currently hold this stock — 83% of the 3.0-year high of 261 funds (reached 2023 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 12% fewer funds vs a year ago

fund count last 6Q
30 fewer hedge funds hold AMPH compared to a year ago (-12% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 49% buying

110 buying113 selling
Last quarter: 113 funds reduced or exited vs 110 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 (-11 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 35 → 40 → 35 → 24. 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.
🔒

61% of holders stayed for 2+ years

61% conviction (2yr+) 25% medium 15% new
131 out of 216 hedge funds have held AMPH 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.
📊

Peak discovery — momentum slowing

34 → 35 → 40 → 35 → 24 new funds/Q
New funds entering each quarter: 35 → 40 → 35 → 24. AMPH is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Deep conviction — 68% of holders stayed 2+ years

68% veterans 13% 1-2yr 19% new
Of 218 current holders: 148 (68%) 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.

Strong quality — 39% AUM from major funds

39% from top-100 AUM funds
35 of 216 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.6
out of 10
Low Exit Risk
Exit risk score 2.6/10 — 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 — AMPH

In 2025 Q4, 110 hedge funds were net buyers of AMPH (24 opened a new position, 86 added to an existing one), while 113 reduced or exited (83 trimmed, 30 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. This extends a 5-quarter selling streak, suggesting sustained institutional caution. 39% of total institutional value in AMPH is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -6 funds (more exits than new entries). Total institutional holders: 216.

Hedge Fund Ownership: AMPH

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

Market Analysis: AMPH

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: AMPH

Healthcare Drug Manufacturers - Specialty & Generic

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

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

41 top-rated funds 0 high-conviction
Consensus
7.0
/ 10
breadth
×
Elite
0.7
/ 10
conviction
Hedge Fund Positioning: AMPH
2026 Q1 Stats Unlock in 8 days 218 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 218 226 -3.54%
13F Shares 32M 32M 2.2%
Total Value $861M $832M 3.46%
New Positions 24 35 -11
Increased Positions 90 78 +12
Closed Positions 31 38 -7
Reduced Positions 85 88 -3
Total Calls 2 2 -
Total Puts 0 2 -100.0%
PUT/CALL Ratio 0.0 1.0 Bullish

Statistics: AMPH

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

218 + investors

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

Top 25 institutional holders of AMPH — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 LAM GROUP, INC. 1.41% 130,800 $2.6M
2 DENALI ADVISORS LLC 0.58% 266,465 $5.2M
3 Illumine Investment Management, LLC 0.42% 28,078 $550K
4 SummerHaven Investment Management, LLC 0.39% 32,633 $639K
5 HUSSMAN STRATEGIC ADVISORS, INC. 0.27% 63,000 $1.2M
6 Boston Trust Walden Corp 0.15% 944,789 $18.5M
7 Quantedge Capital Pte Ltd 0.14% 13,500 $264K
8 ROYCE & ASSOCIATES LP 0.08% 406,175 $8.0M
9 Polaris Capital Management, LLC 0.07% 43,232 $847K
10 Advisor OS, LLC 0.04% 25,405 $498K
11 HOHIMER WEALTH MANAGEMENT, LLC 0.03% 13,066 $256K
12 SteelPeak Wealth, LLC 0.03% 48,462 $949K
13 LSV ASSET MANAGEMENT 0.03% 651,714 $13K
14 TD ASSET MANAGEMENT INC 0.02% 1,541,044 $30.2M
15 China Universal Asset Management Co., Ltd. 0.01% 8,051 $158K
16 AlphaQuest LLC 0.01% 7,720 $207K
17 EXCHANGE TRADED CONCEPTS, LLC 0.01% 82,416 $1.6M
18 PROFUND ADVISORS LLC 0.01% 10,658 $209K
19 Vestcor Inc 0.01% 10,949
20 State of Alaska, Department of Revenue 0.01% 27,410
21 Louisiana State Employees Retirement System 0.01% 15,700
22 Illinois Municipal Retirement Fund 0.00% 19,528 $383K
23 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% 139,402 $2.7M
24 INTECH INVESTMENT MANAGEMENT LLC 0.00% 24,207 $474K
25 NEW YORK STATE COMMON RETIREMENT FUND 0.00% 148,722 $2.9M
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 — AMPHASTAR PHARMACEUTICALS INC COM (AMPH)

What does the Smart Money Trend signal show for AMPH?

Selling streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds reduced or closed their AMPH 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 AMPH?

More sellers than buyers — 49% buying: Last quarter: 113 funds reduced or exited vs 110 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 AMPH holders?

Strong quality — 39% AUM from major funds: 35 of 216 holders rank in the top 100 by AUM, accounting for 39% 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 AMPH?

61% of holders stayed for 2+ years: 131 out of 216 hedge funds have held AMPH 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.

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.