Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Clearwater Paper Corp (CLW)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +11
Streak
1Q ▲
Buyers last Q
63%

Smart Money Signals — CLW

Based on 134 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 CLW 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.
🔻

Below peak — only 67% of 3.0Y high

67% of all-time peak
Only 134 funds hold CLW today versus a peak of 201 funds at 2024 Q2 — just 67% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
📉

Outflows — 17% fewer funds vs a year ago

fund count last 6Q
28 fewer hedge funds hold CLW compared to a year ago (-17% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟢

More buyers than sellers — 63% buying

89 buying52 selling
Last quarter: 89 funds were net buyers (31 opened a brand new position + 58 added to an existing one). Only 52 were sellers (32 trimmed + 20 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+11 vs last Q)

new funds entering per quarter
Funds opening a new CLW position: 21 → 15 → 20 → 31. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 18% medium ■ 19% new
84 out of 134 hedge funds have held CLW 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.
📈

Growing discovery — still being found

32 → 21 → 15 → 20 → 31 new funds/Q
New funds entering each quarter: 21 → 15 → 20 → 31. A growing number of institutions are discovering CLW each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 70% veterans vs 17% newcomers

■ 70% veterans ■ 13% 1-2yr ■ 17% new
Entry-cohort mix of 141 holders: 99 (70%) are 2+ year veterans, 18 entered 1–2 years ago, and 24 (17%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 47% AUM from top-100 funds

47% from top-100 AUM funds
37 of 132 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in CLW. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
1.8
out of 10
Low Exit Risk
Exit risk score 1.8/10 — 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 — CLW

In 2026 Q2, 89 hedge funds were net buyers of CLW (31 opened a new position, 58 added to an existing one), while 52 reduced or exited (32 trimmed, 20 sold completely) — a 63% buyer ratio, indicating clear institutional accumulation. 47% of total institutional value in CLW is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +11 funds (more new holders than closures). Total institutional holders: 134.

Hedge Fund Ownership: CLW

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

Market Analysis: CLW

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CLW

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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.

10 top-rated funds 2 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
1.7
/ 10
conviction
Hedge Fund Positioning: CLW
132 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 132 123 7.32%
13F Shares 15M 13M 16.8%
Total Value $236M $185M 27.69%
New Positions 31 20 +11
Increased Positions 56 52 +4
Closed Positions 20 25 -5
Reduced Positions 32 34 -2
Total Calls 5 4 25.0%
Total Puts 4 1 300.0%
PUT/CALL Ratio 0.8 0.25 Neutral

Statistics: CLW

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Institutional Holders (2026 Q2)

132 + investors

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

QUARTER:
Top 25 CLW holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Gate City Capital Management, LLC 3.81% 938,496 $14.7M
2 Peapod Lane Capital LLC 3.07% 289,906 $4.5M
3 Southeastern Asset Management Inc/Tn/ 1.26% 1,539,556 $24.1M
4 Seven Six Capital Management, LLC 0.65% 45,227 $709K
5 Readystate Asset Management LP 0.42% 781,384 $12.3M
6 Invenomic Capital Management LP 0.39% 420,419 $6.6M
7 Jefferson Bridge Capital, LLC 0.38% 27,740 $435K
8 Significant Wealth Partners LLC 0.17% 10,215 $160K
9 Cramer Rosenthal Mcglynn LLC 0.14% 181,226 $2.8M
10 Numerai GP LLC 0.10% 74,764 $1.2M
11 Marquette Asset Management, LLC 0.08% 39,001 $612K
12 Odyssean, LLC 0.05% 18,681 $293K
13 Bridgeway Capital Management, LLC 0.04% 137,619 $2.2M
14 Trexquant Investment LP 0.02% 268,367 $4.2M
15 Woodmont Investment Counsel LLC 0.02% 28,696 $450K
16 Inscription Capital, LLC 0.02% 14,140 $222K
17 Turtle Creek Asset Management Inc. 0.02% 26,000 $408K
18 Jacobs Levy Equity Management, Inc 0.01% 261,856 $4.1M
19 Parallax Volatility Advisers, L.P. 0.01% 515,000 $8.1M
20 Caption Management, LLC 0.01% 140,000 $2.2M
21 Susquehanna Portfolio Strategies, LLC 0.01% 40,922 $642K
22 Investors Research Corp 0.01% 3,150 $49K
23 XTX Topco Ltd 0.01% 34,080 $534K
24 Empowered Funds, LLC 0.01% 83,119 $1.3M
25 Jefferies Financial Group Inc. 0.01% 64,685 $1.0M
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 — Clearwater Paper Corp (CLW)

What does the Smart Money Trend signal show for CLW?

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

More buyers than sellers — 63% buying: Last quarter: 89 funds were net buyers (31 opened a brand new position + 58 added to an existing one). Only 52 were sellers (32 trimmed + 20 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for CLW holders?

Elite ownership — 47% AUM from top-100 funds: 37 of 132 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in CLW. 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 CLW?

63% of holders stayed for 2+ years: 84 out of 134 hedge funds have held CLW 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.

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