Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Clene Inc (CLNN)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +4
Streak
1Q ▲
Buyers last Q
71%

Smart Money Signals — CLNN

Based on 32 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added CLNN 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 — 74% of 3.0Y peak

74% of all-time peak
32 funds currently hold this stock — 74% of the 3.0-year high of 43 funds (reached 2023 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +39% more funds vs a year ago

fund count last 6Q
+9 new funds entered over the past year (+39% 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 — 71% buying

17 buying7 selling
Last quarter: 17 funds were net buyers (7 opened a brand new position + 10 added to an existing one). Only 7 were sellers (4 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~7 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 10 → 3 → 3 → 7. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

41% of holders stayed for 2+ years

■ 41% conviction (2yr+) ■ 38% medium ■ 22% new
13 out of 32 hedge funds have held CLNN 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 +81% but shares only +45% — price-driven

Value
+81%
Shares
+45%
Last quarter: the total dollar value of institutional holdings rose +81%, but actual share count only changed +45%. 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

2 → 10 → 3 → 3 → 7 new funds/Q
New funds entering each quarter: 10 → 3 → 3 → 7. CLNN 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 — 59% veterans vs 25% newcomers

■ 59% veterans ■ 16% 1-2yr ■ 25% new
Entry-cohort mix of 32 holders: 19 (59%) are 2+ year veterans, 5 entered 1–2 years ago, and 8 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 8% AUM from top-100

8% from top-100 AUM funds
12 of 32 holders rank in the top 100 by AUM, but together hold only 8% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
2.5
out of 10
Low Exit Risk
Exit risk score 2.5/10 — 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 — CLNN

In 2026 Q2, 17 hedge funds were net buyers of CLNN (7 opened a new position, 10 added to an existing one), while 7 reduced or exited (4 trimmed, 3 sold completely) — a 71% buyer ratio, indicating clear institutional accumulation. Net fund flow last quarter: +4 funds (more new holders than closures). Total institutional holders: 32.

Hedge Fund Ownership: CLNN

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

Market Analysis: CLNN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CLNN

-- --

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

3 top-rated funds 1 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
0.8
/ 10
conviction
Hedge Fund Positioning: CLNN
32 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 32 28 14.29%
13F Shares 3M 2M 45.16%
Total Value $20M $11M 81.23%
New Positions 7 3 +4
Increased Positions 10 5 +5
Closed Positions 3 3 -
Reduced Positions 4 3 +1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: CLNN

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)

32 + investors

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

QUARTER:
Top 25 CLNN holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Empery Asset Management, LP 6.52% 916,532 $5.6M
2 Scoggin Management LP 0.40% 600,000 $3.7M
3 Boxer Capital Management, LLC 0.22% 477,515 $2.9M
4 Lunt Capital Management, Inc. 0.12% 52,260 $322K
5 Parsons Capital Management Inc/Ri 0.01% 37,243 $229K
6 Atlantic Private Wealth, LLC 0.01% 2,205 $14K
7 Penn Davis Mcfarland Inc 0.01% 11,000 $68K
8 ADAR1 Capital Management, LLC 0.00% 15,000 $92K
9 Ensign Peak Advisors, Inc 0.00% 348,062 $2.1M
10 Arax Advisory Partners 0.00% 11,140 $69K
11 Peak6 LLC 0.00% 30,012 $185K
12 Hrt Financial LP 0.00% 18,321 $112K
13 SBI Securities Co., Ltd. 0.00% 1,025 $6K
14 Vanguard Fiduciary Trust Co 0.00% 57,765 $356K
15 Steward Partners Investment Advisory, LLC 0.00% 2,000 $12K
16 Vanguard Capital Management LLC 0.00% 333,706 $2.1M
17 Jones Financial Companies Lllp 0.00% 5,000 $30K
18 PNC Financial Services Group, INC. 0.00% 2,735 $17K
19 Osaic Holdings, INC. 0.00% 1,055 $6K
20 Morgan Stanley 0.00% 19,858 $122K
21 Group One Trading LLC 0.00% 686 $4K
22 Wells Fargo & Company/Mn 0.00% 5,927 $36K
23 BlackRock, Inc. 0.00% 61,559 $379K
24 Jane Street Group, LLC 0.00% 10,203 $63K
25 Royal Bank of Canada 0.00% 3,000 $18K
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 — Clene Inc (CLNN)

What does the Smart Money Trend signal show for CLNN?

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

More buyers than sellers — 71% buying: Last quarter: 17 funds were net buyers (7 opened a brand new position + 10 added to an existing one). Only 7 were sellers (4 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for CLNN holders?

Smaller funds dominant — 8% AUM from top-100: 12 of 32 holders rank in the top 100 by AUM, but together hold only 8% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held CLNN?

41% of holders stayed for 2+ years: 13 out of 32 hedge funds have held CLNN 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.

Full history →