Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Angel Oak Funds Trust (CARY)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +10
Streak
11Q ▲
Buyers last Q
73%

Smart Money Signals — CARY

Based on 99 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q
For 11 consecutive quarters, more hedge funds added CARY 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 (100% of max)

100% of all-time peak
99 hedge funds hold CARY 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.
🚀

Fast accumulation — +83% more funds vs a year ago

fund count last 6Q
+45 new funds entered over the past year (+83% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 73% buying

71 buying26 selling
Last quarter: 71 funds were net buyers (17 opened a brand new position + 54 added to an existing one). Only 26 were sellers (19 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~17 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 21 → 13 → 21 → 17. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 40% entered in last year

■ 16% conviction (2yr+) ■ 43% medium ■ 40% new
Only 16 funds (16%) 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.
📈

Growing discovery — still being found

10 → 21 → 13 → 21 → 17 new funds/Q
New funds entering each quarter: 21 → 13 → 21 → 17. A growing number of institutions are discovering CARY each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🌱

Early stage — 59% of holders entered in last year

■ 14% veterans ■ 27% 1-2yr ■ 59% new
Of 99 current holders: 58 (59%) entered in the past year, only 14 (14%) 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 — 52% AUM from top-100 funds

52% from top-100 AUM funds
12 of 99 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in CARY. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.9
out of 10
Moderate Exit Risk
Exit risk score 4.9/10 — 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 — CARY

In 2026 Q1, 71 hedge funds were net buyers of CARY (17 opened a new position, 54 added to an existing one), while 26 reduced or exited (19 trimmed, 7 sold completely) — a 73% buyer ratio, indicating clear institutional accumulation. This marks 11 consecutive quarters of net institutional buying — a persistent conviction signal. 52% of total institutional value in CARY is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +10 funds (more new holders than closures). Total institutional holders: 99.

Hedge Fund Ownership: CARY

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

Market Analysis: CARY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CARY

-- --

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

Is It Too Late to Buy Angel Oak Funds Trust (CARY) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CARY has moved relative to its sector benchmark (SPY) since the 2026 Q2 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 June 30, 2026 · 49d ago
CARY
-0.3%
SPY
-99.6%

CARY outperformed SPY by +99.3% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 4d ago
CARY
+0.0%
SPY
-99.6%

Since the filing became public, CARY outperformed SPY by +99.6% .

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.

3 top-rated funds 2 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
2.5
/ 10
conviction
Hedge Fund Positioning: CARY
2026 Q2 Stats Unlock in 1 days 98 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 98 89 10.11%
13F Shares 38M 29M 32.29%
Total Value $803M $595M 34.97%
New Positions 16 21 -5
Increased Positions 54 31 +23
Closed Positions 7 4 +3
Reduced Positions 19 29 -10
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: CARY

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 Q2)

98 + investors

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

QUARTER:
2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 CARY holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 IFC Advisors LLC 7.84% 2,973,070 $61.8M
2 N10 Wealth, LLC 7.42% 1,006,181 $20.9M
3 Channel Wealth LLC 6.24% 1,339,350 $27.8M
4 Sage Advisory Services, Ltd.Co. 2.81% 274,360 $5.7M
5 Lifestyle Asset Management, Inc. 2.62% 469,008 $9.7M
6 Legacy CG, LLC 2.19% 412,073 $8.6M
7 J. Team Financial, Inc. 2.12% 105,156 $2.2M
8 Precision Wealth Strategies, LLC 1.30% 208,150 $4.3M
9 Rareview Capital LLC 1.28% 110,405 $2.3M
10 Mendel Money Management 1.20% 158,094 $3.3M
11 Tortoise Investment Management, LLC 1.01% 651,023 $13.5M
12 Islay Capital Management, LLC 1.01% 104,900 $2.2M
13 Sonoma Allocations LLC 1.00% 154,425 $3.2M
14 9823 Capital, L.P. 0.99% 70,899 $1.5M
15 Crescent Grove Advisors, LLC 0.98% 561,797 $11.7M
16 Arkadios Wealth Advisors 0.91% 2,889,043 $60.0M
17 Noble Wealth Management PBC 0.90% 97,261 $2.0M
18 Camarda Financial Advisors, LLC 0.88% 140,367 $2.9M
19 MBL Wealth, LLC 0.75% 530,615 $11.0M
20 Lewis Asset Management, LLC 0.72% 99,041 $2.1M
21 Omnitrust Wealth Management, Inc 0.70% 28,740 $597K
22 OneAscent Wealth Management LLC 0.68% 109,382 $2.3M
23 Weaver Consulting Group 0.62% 145,704 $3.0M
24 Independent Wealth Advisors LLC 0.55% 29,170 $606K
25 Legacy Capital Group California, Inc. 0.50% 80,379 $1.7M
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 — Angel Oak Funds Trust (CARY)

What does the Smart Money Trend signal show for CARY?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added CARY 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 CARY?

More buyers than sellers — 73% buying: Last quarter: 71 funds were net buyers (17 opened a brand new position + 54 added to an existing one). Only 26 were sellers (19 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for CARY holders?

Elite ownership — 52% AUM from top-100 funds: 12 of 99 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in CARY. 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 CARY?

Mostly new holders — 40% entered in last year: Only 16 funds (16%) 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 Angel Oak Funds Trust (CARY) following the 2026 Q2 hedge fund 13F filings?

As of today, CARY has moved +0.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to -99.6% for the SPY sector ETF — an outperformance of +99.6%. Since the quarter end (June 30, 2026), CARY has gained -0.3% vs -99.6% 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.

Full history →