Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Aterian Inc (ATER)

24 + Investors. Track Smart Money conviction in ATER. 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
↓ -1
Streak
3Q ▼
Buyers last Q
58%

Smart Money Signals — ATER

Based on 24 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds reduced or closed their ATER positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🔻

Below peak — only 57% of 3.0Y high

57% of all-time peak
Only 24 funds hold ATER today versus a peak of 42 funds at 2023 Q4 — just 57% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
📉

Outflows — 20% fewer funds vs a year ago

fund count last 6Q
6 fewer hedge funds hold ATER compared to a year ago (-20% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 58% buying

11 buying8 selling
Last quarter: 11 funds bought or added vs 8 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 — ~4 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 7 → 5 → 6 → 4. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

62% of holders stayed for 2+ years

62% conviction (2yr+) 17% medium 21% new
15 out of 24 hedge funds have held ATER 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.
💰

Value +222% but shares only +37% — price-driven

Value
+222%
Shares
+37%
Last quarter: the total dollar value of institutional holdings rose +222%, but actual share count only changed +37%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📊

Peak discovery — momentum slowing

7 → 7 → 5 → 6 → 4 new funds/Q
New funds entering each quarter: 7 → 5 → 6 → 4. ATER 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 20% newcomers

68% veterans 12% 1-2yr 20% new
Entry-cohort mix of 25 holders: 17 (68%) are 2+ year veterans, 3 entered 1–2 years ago, and 5 (20%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

Strong quality — 28% AUM from major funds

28% from top-100 AUM funds
9 of 24 holders rank in the top 100 by AUM, accounting for 28% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
1.4
out of 10
Low Exit Risk
Exit risk score 1.4/10 — 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 — ATER

In 2026 Q2, 11 hedge funds were net buyers of ATER (4 opened a new position, 7 added to an existing one), while 8 reduced or exited (3 trimmed, 5 sold completely) — a 58% buyer ratio, indicating a slight buying edge. This extends a 3-quarter selling streak, suggesting sustained institutional caution. 28% of total institutional value in ATER is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 24.

Hedge Fund Ownership: ATER

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

Market Analysis: ATER

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ATER

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

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
0.0
/ 10
conviction
Hedge Fund Positioning: ATER
24 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 24 25 -4.0%
13F Shares 740K 540K 37.09%
Total Value $978K $303K 222.24%
New Positions 4 6 -2
Increased Positions 7 5 +2
Closed Positions 5 11 -6
Reduced Positions 3 4 -1
Total Calls 0 1 -100.0%
Total Puts 1 0 100%
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: ATER

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Institutional Holders (2026 Q2)

24 + investors

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

QUARTER:
Top 22 ATER holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Bridgeway Capital Management, LLC 0.00% 52,500 $69K
2 XTX Topco Ltd 0.00% 31,280 $41K
3 Renaissance Technologies LLC 0.00% 223,030 $294K
4 Tower Research Capital LLC (TRC) 0.00% 3,795 $5K
5 Stance Capital LLC 0.00% 36
6 SBI Securities Co., Ltd. 0.00% 311
7 Vanguard Fiduciary Trust Co 0.00% 25,994 $34K
8 Proathlete Wealth Management LLC 0.00% 21
9 Susquehanna International Group, LLP 0.00% 56,400 $74K
10 Jane Street Group, LLC 0.00% 49,348 $65K
11 Susquehanna International Group, LLP 0.00% 47,818 $63K
12 Simplex Trading, LLC 0.00% 6,172 $8K
13 UBS Group AG 0.00% 12,704 $17K
14 Vanguard Capital Management LLC 0.00% 57,047 $75K
15 BlackRock, Inc. 0.00% 72,289 $95K
16 Osaic Holdings, INC. 0.00% 581
17 Jpmorgan Chase & Co 0.00% 2,784 $4K
18 BNP Paribas Financial Markets 0.00% 73
19 Mercer Global Advisors Inc /Adv 0.00% 10
20 TD Waterhouse Canada Inc. 0.00% 1
21 National Bank of Canada /Fi/ 0.00% 1
22 Morgan Stanley 0.00% 1
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 — Aterian Inc (ATER)

What does the Smart Money Trend signal show for ATER?

Selling streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds reduced or closed their ATER 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 ATER?

Slight buying edge — 58% buying: Last quarter: 11 funds bought or added vs 8 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 ATER holders?

Strong quality — 28% AUM from major funds: 9 of 24 holders rank in the top 100 by AUM, accounting for 28% 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 ATER?

62% of holders stayed for 2+ years: 15 out of 24 hedge funds have held ATER 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.

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