Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

BANDWIDTH INC (BAND)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
3Q ▼
Buyers last Q
47%

Smart Money Signals — BAND

Based on 152 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 3 quarters in a row

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

At the ownership peak (97% of max)

97% of all-time peak
152 hedge funds hold BAND 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.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding BAND is almost the same as a year ago (-1 funds, -1% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 47% buying

66 buying75 selling
Last quarter: 75 funds reduced or exited vs 66 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.
➡️

Steady new buyers — ~14 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 27 → 30 → 16 → 14. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

66% of holders stayed for 2+ years

■ 66% conviction (2yr+) ■ 22% medium ■ 11% new
101 out of 152 hedge funds have held BAND 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.
⚠️

Saturation — most institutions already know this story

23 → 27 → 30 → 16 → 14 new funds/Q
New funds entering each quarter: 27 → 30 → 16 → 14. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.
🏛️

Deep conviction — 77% of holders stayed 2+ years

■ 77% veterans ■ 8% 1-2yr ■ 15% new
Of 157 current holders: 121 (77%) 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 — 42% AUM from top-100 funds

42% from top-100 AUM funds
33 of 152 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in BAND. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — 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 — BAND

In 2025 Q4, 66 hedge funds were net buyers of BAND (14 opened a new position, 52 added to an existing one), while 75 reduced or exited (59 trimmed, 16 sold completely) — a 47% buyer ratio, indicating roughly balanced activity. This extends a 3-quarter selling streak, suggesting sustained institutional caution. 42% of total institutional value in BAND 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: 152.

Hedge Fund Ownership: BAND

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

Market Analysis: BAND

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BAND

Technology Software - Infrastructure

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

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

30 top-rated funds 1 high-conviction
Consensus
6.5
/ 10
breadth
×
Elite
1.7
/ 10
conviction
Hedge Fund Positioning: BAND
2026 Q1 Stats Unlock in 8 days 157 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 157 157 -
13F Shares 23M 21M 7.31%
Total Value $349M $351M -0.54%
New Positions 14 16 -2
Increased Positions 55 62 -7
Closed Positions 16 20 -4
Reduced Positions 69 58 +11
Total Calls 3 3 -
Total Puts 2 2 -
PUT/CALL Ratio 0.67 0.67 Bullish

Statistics: BAND

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)

157 + investors

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

Top 25 institutional holders of BAND — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Bastion Asset Management Inc. 2.01% 393,263 $6.6M
2 Parcion Private Wealth LLC 0.27% 244,488 $4.4M
3 BETO FINANCIAL GROUP, LLC 0.18% 6,240 $303K
4 ANTIPODES PARTNERS Ltd 0.05% 148,905 $2.7M
5 MBL Wealth, LLC 0.04% 29,113 $519K
6 Covestor Ltd 0.02% 1,920 —
7 Blue Trust, Inc. 0.02% 97,742 $1.7M
8 Connor, Clark & Lunn Investment Management Ltd. 0.02% 467,486 $8.3M
9 MEEDER ASSET MANAGEMENT INC 0.02% 15,515 $276K
10 Assenagon Asset Management S.A. 0.01% 491,873 $8.8M
11 HARBOR CAPITAL ADVISORS, INC. 0.01% 5,908 —
12 BAILARD, INC. 0.01% 20,600 $367K
13 AlphaQuest LLC 0.01% 9,005 $139K
14 New Age Alpha Advisors, LLC 0.01% 6,115 $109K
15 CX Institutional 0.00% 8,564 —
16 Walleye Capital LLC 0.00% 59,997 $1.1M
17 Diversified Trust Co 0.00% 10,327 $184K
18 Police & Firemen's Retirement System of New Jersey 0.00% 7,309 $130K
19 Russell Investments Group, Ltd. 0.00% 56,958 $1.0M
20 HSBC HOLDINGS PLC 0.00% 92,804 $1.7M
21 VANGUARD FIDUCIARY TRUST CO 0.00% 183,627 $3.3M
22 Versant Capital Management, Inc 0.00% 466 $8K
23 ADIRONDACK TRUST CO 0.00% 130 $2K
24 UBS Group AG 0.00% 213,425 $3.8M
25 True Wealth Design, LLC 0.00% 108 $2K
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 — BANDWIDTH INC (BAND)

What does the Smart Money Trend signal show for BAND?

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

More sellers than buyers — 47% buying: Last quarter: 75 funds reduced or exited vs 66 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 BAND holders?

Elite ownership — 42% AUM from top-100 funds: 33 of 152 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in BAND. 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 BAND?

66% of holders stayed for 2+ years: 101 out of 152 hedge funds have held BAND 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.