Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

A10 NETWORKS INC (ATEN)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +4
Streak
2Q ▲
Buyers last Q
50%

Smart Money Signals — ATEN

Based on 225 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added ATEN 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 (95% of max)

95% of all-time peak
225 hedge funds hold ATEN 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.
📶

Steady growth — +10% more funds vs a year ago

fund count last 6Q
+21 new funds entered over the past year (+10% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction. The peak was reached in just 4 quarters from the low — a sharp move.
🟡

Slight buying edge — 50% buying

118 buying116 selling
Last quarter: 118 funds bought or added vs 116 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 — ~38 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 61 → 24 → 40 → 38. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 21% medium ■ 16% new
141 out of 225 hedge funds have held ATEN 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.
➡️

Steady discovery — ~38 new funds/quarter

32 → 61 → 24 → 40 → 38 new funds/Q
New funds entering each quarter: 61 → 24 → 40 → 38. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 69% of holders stayed 2+ years

■ 69% veterans ■ 8% 1-2yr ■ 23% new
Of 225 current holders: 156 (69%) 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 — 41% AUM from top-100 funds

41% from top-100 AUM funds
38 of 225 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in ATEN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — 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 — ATEN

In 2025 Q4, 118 hedge funds were net buyers of ATEN (38 opened a new position, 80 added to an existing one), while 116 reduced or exited (82 trimmed, 34 sold completely) — a 50% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 41% of total institutional value in ATEN is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +4 funds (more new holders than closures). Total institutional holders: 225.

Hedge Fund Ownership: ATEN

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

Market Analysis: ATEN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ATEN

Technology Software - Infrastructure

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.

40 top-rated funds 0 high-conviction
Consensus
7.0
/ 10
breadth
×
Elite
0.8
/ 10
conviction
Hedge Fund Positioning: ATEN
2026 Q1 Stats Unlock in 9 days 225 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 225 224 0.45%
13F Shares 67M 67M 0.52%
Total Value $1.16B $1.19B -1.89%
New Positions 38 40 -2
Increased Positions 81 89 -8
Closed Positions 34 34 -
Reduced Positions 82 78 +4
Total Calls 0 1 -100.0%
Total Puts 0 3 -100.0%
PUT/CALL Ratio 0.0 3.0 Bullish

Statistics: ATEN

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 Q1)

225 + investors

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

Top 25 institutional holders of ATEN — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Penserra Capital Management LLC 0.97% 3,594,112 $83K
2 Illumine Investment Management, LLC 0.76% 42,732 $988K
3 SUMMIT PARTNERS L P 0.69% 200,065 $4.6M
4 Verity Asset Management, Inc. 0.60% 62,353 $1.4M
5 Boston Trust Walden Corp 0.41% 2,173,261 $50.2M
6 HARBOR CAPITAL ADVISORS, INC. 0.35% 187,130 $4K
7 IQ EQ FUND MANAGEMENT (IRELAND) Ltd 0.31% 175,194 $4.1M
8 DEPRINCE RACE & ZOLLO INC 0.25% 564,800 $13.1M
9 1492 Capital Management LLC 0.23% 26,378 $610K
10 PEREGRINE CAPITAL MANAGEMENT LLC 0.19% 219,619 $5.1M
11 AlphaQuest LLC 0.16% 162,685 $2.9M
12 Banque Cantonale Vaudoise 0.12% 139,472 $3.2M
13 Nilsine Partners, LLC 0.12% 55,864 $1.5M
14 Summit Global Investments 0.09% 63,936 $1K
15 Aptus Capital Advisors, LLC 0.08% 455,002 $10.5M
16 Hillsdale Investment Management Inc. 0.08% 127,661 $3.0M
17 Abel Hall, LLC 0.06% 12,663 $293K
18 GSA CAPITAL PARTNERS LLP 0.06% 40,988 —
19 Brooklyn Investment Group 0.05% 68,949 $1.6M
20 Linden Thomas Advisory Services, LLC 0.04% 17,728 $410K
21 NKCFO LLC 0.03% 5,000 —
22 AEGON ASSET MANAGEMENT UK PLC 0.03% 98,800 $2.3M
23 Impact Partnership Wealth, LLC 0.03% 10,573 $244K
24 HOHIMER WEALTH MANAGEMENT, LLC 0.03% 9,654 $223K
25 Walleye Capital LLC 0.02% 5,000,000 $6.0M
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 — A10 NETWORKS INC (ATEN)

What does the Smart Money Trend signal show for ATEN?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added ATEN 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 ATEN?

Slight buying edge — 50% buying: Last quarter: 118 funds bought or added vs 116 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 ATEN holders?

Elite ownership — 41% AUM from top-100 funds: 38 of 225 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in ATEN. 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 ATEN?

63% of holders stayed for 2+ years: 141 out of 225 hedge funds have held ATEN 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.