Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

CLEAN ENERGY FUELS CORP (CLNE)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +7
Streak
1Q ▲
Buyers last Q
54%

Smart Money Signals — CLNE

Based on 192 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added CLNE 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.
📊

High ownership — 91% of 3.0Y peak

91% of all-time peak
192 funds currently hold this stock — 91% of the 3.0-year high of 212 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 9% fewer funds vs a year ago

fund count last 6Q
20 fewer hedge funds hold CLNE compared to a year ago (-9% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 54% buying

94 buying80 selling
Last quarter: 94 funds bought or added vs 80 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.
📈

More new buyers each quarter (+8 vs last Q)

new funds entering per quarter
Funds opening a new CLNE position: 28 → 33 → 24 → 32. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

67% of holders stayed for 2+ years

■ 67% conviction (2yr+) ■ 20% medium ■ 13% new
128 out of 192 hedge funds have held CLNE 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 -18%

Value
-17%
Shares
+1%
Last quarter: funds added +1% more shares while total portfolio value only changed -18%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~32 new funds/quarter

30 → 28 → 33 → 24 → 32 new funds/Q
New funds entering each quarter: 28 → 33 → 24 → 32. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 75% of holders stayed 2+ years

■ 75% veterans ■ 9% 1-2yr ■ 16% new
Of 198 current holders: 148 (75%) 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 — 39% AUM from major funds

39% from top-100 AUM funds
31 of 192 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.9
out of 10
Low Exit Risk
Exit risk score 2.9/10 — 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 — CLNE

In 2025 Q4, 94 hedge funds were net buyers of CLNE (32 opened a new position, 62 added to an existing one), while 80 reduced or exited (55 trimmed, 25 sold completely) — a 54% buyer ratio, indicating a slight buying edge. 39% of total institutional value in CLNE is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +7 funds (more new holders than closures). Total institutional holders: 192.

Hedge Fund Ownership: CLNE

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

Market Analysis: CLNE

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CLNE

Energy Oil & Gas Refining & Marketing

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.

35 top-rated funds 0 high-conviction
Consensus
6.8
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: CLNE
2026 Q1 Stats Unlock in 8 days 198 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 198 191 3.66%
13F Shares 104M 103M 1.33%
Total Value $219M $266M -17.68%
New Positions 32 24 +8
Increased Positions 66 62 +4
Closed Positions 27 39 -12
Reduced Positions 65 70 -5
Total Calls 3 5 -40.0%
Total Puts 3 4 -25.0%
PUT/CALL Ratio 1.0 0.8 Neutral

Statistics: CLNE

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Valuation Measures Data as of: --

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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
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Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

198 + investors

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

Top 25 institutional holders of CLNE — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Global Alpha Capital Management Ltd. 1.06% 7,126,817 $17.7M
2 J. Derek Lewis & Associates Inc. 0.92% 1,864,180 $3.9M
3 EagleClaw Capital Managment, LLC 0.12% 350,600 $869K
4 Keenan, LLC 0.05% 25,616 $64K
5 Inspire Investing, LLC 0.04% 206,301 $512K
6 Moors & Cabot, Inc. 0.03% 326,485 $810K
7 GSA CAPITAL PARTNERS LLP 0.03% 209,975 —
8 PROMETHIUM ADVISORS,LLC 0.02% 19,000 $47K
9 EVOLVE PRIVATE WEALTH, LLC 0.02% 177,156 $439K
10 R Squared Ltd 0.02% 12,460 $31K
11 My Portfolio Guide, LLC 0.01% 9,855 $24K
12 ELEMENT POINTE ADVISORS, LLC 0.01% 27,000 $67K
13 Cornerstone Investment Partners, LLC 0.01% 102,465 $254K
14 S&CO INC 0.01% 60,000 —
15 Leonteq Securities AG 0.01% 95,000 $236K
16 BAILARD, INC. 0.01% 124,000 $308K
17 Golden State Wealth Management, LLC 0.01% 25,937 $64K
18 Huntleigh Advisors, Inc. 0.01% 13,900 $34K
19 Caitong International Asset Management Co., Ltd 0.01% 11,862 $29K
20 AMG National Trust Bank 0.01% 100,000 $248K
21 ALPS ADVISORS INC 0.00% 250,288 $621K
22 GF FUND MANAGEMENT CO. LTD. 0.00% 56,345 $140K
23 Spire Wealth Management 0.00% 18,753 $47K
24 Signature Resources Capital Management, LLC 0.00% 1,100 $3K
25 SUMMIT SECURITIES GROUP LLC 0.00% 4,065 $10K
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 — CLEAN ENERGY FUELS CORP (CLNE)

What does the Smart Money Trend signal show for CLNE?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added CLNE 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 CLNE?

Slight buying edge — 54% buying: Last quarter: 94 funds bought or added vs 80 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 CLNE holders?

Strong quality — 39% AUM from major funds: 31 of 192 holders rank in the top 100 by AUM, accounting for 39% 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 CLNE?

67% of holders stayed for 2+ years: 128 out of 192 hedge funds have held CLNE 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.