Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

CBL & ASSOC PPTYS INC (CBL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +14
Streak
2Q ▲
Buyers last Q
60%

Smart Money Signals — CBL

Based on 190 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 CBL 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
190 hedge funds hold CBL 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 — +23% more funds vs a year ago

fund count last 6Q
+36 new funds entered over the past year (+23% 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 — 60% buying

104 buying69 selling
Last quarter: 104 funds were net buyers (29 opened a brand new position + 75 added to an existing one). Only 69 were sellers (54 trimmed + 15 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~29 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 24 → 21 → 24 → 29. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

67% of holders stayed for 2+ years

■ 67% conviction (2yr+) ■ 20% medium ■ 13% new
128 out of 190 hedge funds have held CBL 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.
💎

Buying through price weakness — shares +1%, value -99%

Value
-99%
Shares
+1%
Last quarter: funds added +1% more shares while total portfolio value only changed -99%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

27 → 24 → 21 → 24 → 29 new funds/Q
New funds entering each quarter: 24 → 21 → 24 → 29. A growing number of institutions are discovering CBL each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 74% of holders stayed 2+ years

■ 74% veterans ■ 8% 1-2yr ■ 17% new
Of 192 current holders: 143 (74%) 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.
✅

Strong quality — 24% AUM from major funds

24% from top-100 AUM funds
49 of 190 holders rank in the top 100 by AUM, accounting for 24% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — 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 — CBL

In 2025 Q4, 104 hedge funds were net buyers of CBL (29 opened a new position, 75 added to an existing one), while 69 reduced or exited (54 trimmed, 15 sold completely) — a 60% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. 24% of total institutional value in CBL is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +14 funds (more new holders than closures). Total institutional holders: 190.

Hedge Fund Ownership: CBL

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

Market Analysis: CBL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CBL

-- --

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.

37 top-rated funds 2 high-conviction
Consensus
6.9
/ 10
breadth
×
Elite
2.4
/ 10
conviction
Hedge Fund Positioning: CBL
2026 Q1 Stats Unlock in 2 days 184 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 184 171 7.6%
13F Shares 24M 24M 1.25%
Total Value $889M $92.99B -99.04%
New Positions 29 24 +5
Increased Positions 73 62 +11
Closed Positions 17 12 +5
Reduced Positions 53 61 -8
Total Calls 3 2 50.0%
Total Puts 0 1 -100.0%
PUT/CALL Ratio 0.0 0.5 Bullish

Statistics: CBL

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Financial Highlights

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Institutional Holders (2026 Q1)

184 + investors

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

QUARTER:
Top 25 institutional holders of CBL — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 CANYON CAPITAL ADVISORS LLC 42.14% 8,466,294 $325.4M
2 Taconic Capital Advisors LP 10.20% 608,332 $23.4M
3 Emmett Investment Management, LP 3.79% 125,840 $5.0M
4 Arbiter Partners Capital Management LLC 2.41% 109,244 $4.2M
5 Beverly Hills Private Wealth, LLC 1.45% 227,220 $8.7M
6 OAKTREE CAPITAL MANAGEMENT LP 1.32% 2,153,717 $82.8M
7 VALUEWORKS LLC 1.09% 104,136 $4.0M
8 Alpha Wave Global, LP 0.71% 146,507 $5.6M
9 Creek Drive Management Group LLC 0.68% 78,000 $3.0M
10 REDWOOD CAPITAL MANAGEMENT, LLC 0.67% 117,613 $4.5M
11 Avise Financial Cooperative, Inc. 0.65% 20,549 $790K
12 AM INVESTMENT STRATEGIES LLC 0.33% 38,711 $1.5M
13 Wealthstar Advisors, LLC 0.21% 11,790 $453K
14 CORSAIR CAPITAL MANAGEMENT, L.P. 0.16% 27,183 $1.0M
15 VARCOV Co. 0.13% 9,402 $361K
16 Strategic Advocates LLC 0.12% 716 $28K
17 MARTINGALE ASSET MANAGEMENT L P 0.06% 65,381 $2.5M
18 Campbell & CO Investment Adviser LLC 0.06% 28,778 $1.1M
19 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.05% 69,072 $2.7M
20 State of Wyoming 0.05% 11,262 $433K
21 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.05% 19,519 $750K
22 MEEDER ASSET MANAGEMENT INC 0.05% 21,372 $821K
23 Caption Management, LLC 0.04% 187,194 $7.2M
24 FIRST MANHATTAN CO. LLC. 0.04% 366,379 $14.1M
25 Quantbot Technologies LP 0.03% 17,203 $661K
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 — CBL & ASSOC PPTYS INC (CBL)

What does the Smart Money Trend signal show for CBL?

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

More buyers than sellers — 60% buying: Last quarter: 104 funds were net buyers (29 opened a brand new position + 75 added to an existing one). Only 69 were sellers (54 trimmed + 15 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for CBL holders?

Strong quality — 24% AUM from major funds: 49 of 190 holders rank in the top 100 by AUM, accounting for 24% 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 CBL?

67% of holders stayed for 2+ years: 128 out of 190 hedge funds have held CBL 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.