Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

INVESTMENT MANAGERS SER TR I (ASTX)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
1Q ▼
Buyers last Q
50%

Smart Money Signals — ASTX

Based on 13 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 2Q
For 1 consecutive quarter, more hedge funds reduced or closed their ASTX 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 — 87% of 0.8Y peak

87% of all-time peak
13 funds currently hold this stock — 87% of the 0.8-year high of 15 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🟡

Slight buying edge — 50% buying

12 buying12 selling
Last quarter: 12 funds bought or added vs 12 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~7 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 11 → 7. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 69% entered in last year

■ 8% conviction (2yr+) ■ 23% medium ■ 69% new
Only 1 funds (8%) 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 +145%, value +118%

Value
+117%
Shares
+144%
Last quarter: funds added +145% more shares while total portfolio value only changed +118%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
🌱

Early stage — 100% of holders entered in last year

■ 0% veterans ■ 0% 1-2yr ■ 100% new
Of 20 current holders: 20 (100%) entered in the past year, only 0 (0%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
🏆

Elite ownership — 80% AUM from top-100 funds

80% from top-100 AUM funds
6 of 13 holders are among the 100 largest funds by AUM, controlling 80% of total institutional value in ASTX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.1
out of 10
Moderate Exit Risk
Exit risk score 4.1/10 — 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 — ASTX

In 2026 Q1, 12 hedge funds were net buyers of ASTX (7 opened a new position, 5 added to an existing one), while 12 reduced or exited (3 trimmed, 9 sold completely) — a 50% buyer ratio, indicating a slight buying edge. 80% of total institutional value in ASTX is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 13.

Hedge Fund Ownership: ASTX

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

Market Analysis: ASTX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ASTX

-- --

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

Is It Too Late to Buy INVESTMENT MANAGERS SER TR I (ASTX) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much ASTX 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 · 59d ago
ASTX
+23.8%
SPY
+16.0%

ASTX outperformed SPY by +7.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 14d ago
ASTX
+98.9%
SPY
+2.1%

Since the filing became public, ASTX outperformed SPY by +96.8% .

Interpretation: The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: ASTX
13 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 13 15 -13.33%
13F Shares 1M 587K 144.81%
Total Value $52M $24M 117.77%
New Positions 7 11 -4
Increased Positions 4 3 +1
Closed Positions 9 3 +6
Reduced Positions 2 1 +1
Total Calls 4 3 33.33%
Total Puts 4 3 33.33%
PUT/CALL Ratio 1.0 1.0 Neutral

Statistics: ASTX

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Valuation Measures Data as of: --

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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) --
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Institutional Holders (2026 Q1)

13 + investors

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

QUARTER:
Top 20 institutional holders of ASTX — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 T3 Companies, LLC 0.47% 10,000 $364K
2 MIRAE ASSET SECURITIES (USA) INC. 0.04% 30,000 $1.1M
3 XTX Topco Ltd 0.01% 13,635 $496K
4 HighTower Advisors, LLC 0.00% 128,720 $4.7M
5 CITADEL ADVISORS LLC 0.00% 316,300 $11.5M
6 CITADEL ADVISORS LLC 0.00% 263,000 $9.6M
7 HRT FINANCIAL LP 0.00% 16,904 $615K
8 Belvedere Trading LLC 0.00% 26,280 $957K
9 Belvedere Trading LLC 0.00% 21,000 $764K
10 Belvedere Trading LLC 0.00% 19,900 $724K
11 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 142,700 $5.2M
12 JANE STREET GROUP, LLC 0.00% 110,800 $4.0M
13 CITADEL ADVISORS LLC 0.00% 67,125 $2.4M
14 JANE STREET GROUP, LLC 0.00% 80,100 $2.9M
15 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 67,922 $2.5M
16 IMC-Chicago, LLC 0.00% 19,271 $701K
17 Optiver Holding B.V. 0.00% 16,955 $617K
18 UBS Group AG 0.00% 36,344 $1.3M
19 SIMPLEX TRADING, LLC 0.00% 7,346 $267K
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 42,900 $1.6M
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 — INVESTMENT MANAGERS SER TR I (ASTX)

What does the Smart Money Trend signal show for ASTX?

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

Slight buying edge — 50% buying: Last quarter: 12 funds bought or added vs 12 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for ASTX holders?

Elite ownership — 80% AUM from top-100 funds: 6 of 13 holders are among the 100 largest funds by AUM, controlling 80% of total institutional value in ASTX. 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 ASTX?

Mostly new holders — 69% entered in last year: Only 1 funds (8%) 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 INVESTMENT MANAGERS SER TR I (ASTX) following the 2026 Q1 hedge fund 13F filings?

As of today, ASTX has moved +98.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.1% for the SPY sector ETF — an outperformance of +96.8%. Since the quarter end (March 31, 2026), ASTX has gained +23.8% vs +16.0% for SPY. The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors.

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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