Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

GRANITESHARES 2X LONG COIN DAILY ETF (CONL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
→ 0
Streak
1Q —
Buyers last Q
50%

Smart Money Signals — CONL

Based on 26 hedge funds · latest filing: 2025 Q4 · updated quarterly

➡️

No change last quarter

last 6Q
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
26 hedge funds hold CONL 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 — +44% more funds vs a year ago

fund count last 6Q
+8 new funds entered over the past year (+44% 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.
🟡

Slight buying edge — 50% buying

19 buying19 selling
Last quarter: 19 funds bought or added vs 19 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.
➡️

Steady new buyers — ~11 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 7 → 11 → 8 → 11. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 54% entered in last year

■ 23% conviction (2yr+) ■ 23% medium ■ 54% new
Only 6 funds (23%) 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.
💎

Buying through price weakness — shares -26%, value -71%

Value
-70%
Shares
-25%
Last quarter: funds added -26% more shares while total portfolio value only changed -71%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~11 new funds/quarter

8 → 7 → 11 → 8 → 11 new funds/Q
New funds entering each quarter: 7 → 11 → 8 → 11. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 17% veterans, 50% new entrants

■ 17% veterans ■ 33% 1-2yr ■ 50% new
Of 30 current holders: 5 (17%) held 2+ years, 10 held 1–2 years, 15 (50%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆

Elite ownership — 97% AUM from top-100 funds

97% from top-100 AUM funds
9 of 26 holders are among the 100 largest funds by AUM, controlling 97% of total institutional value in CONL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
5.0
out of 10
Moderate Exit Risk
Exit risk score 5.0/10 — 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 — CONL

In 2025 Q4, 19 hedge funds were net buyers of CONL (11 opened a new position, 8 added to an existing one), while 19 reduced or exited (8 trimmed, 11 sold completely) — a 50% buyer ratio, indicating a slight buying edge. 97% of total institutional value in CONL is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 26.

Hedge Fund Ownership: CONL

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

Market Analysis: CONL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CONL

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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.

4 top-rated funds 0 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: CONL
2026 Q1 Stats Unlock in 3 days 29 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 29 33 -12.12%
13F Shares 12M 17M -25.76%
Total Value $179M $617M -70.95%
New Positions 11 8 +3
Increased Positions 11 23 -12
Closed Positions 14 5 +9
Reduced Positions 17 22 -5
Total Calls 3 5 -40.0%
Total Puts 4 5 -20.0%
PUT/CALL Ratio 1.33 1.0 Bearish

Statistics: CONL

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Institutional Holders (2026 Q1)

29 + investors

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

QUARTER:
Top 25 institutional holders of CONL — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Scientech Research LLC 0.89% 152,525 $1.1M
2 ENTREWEALTH, LLC 0.14% 45,203 $316K
3 FLAGSTAR ADVISORS INC 0.07% 27,025 $189K
4 Headlands Technologies LLC 0.03% 40,064 $280K
5 SBI Securities Co., Ltd. 0.02% 108,104 $757K
6 TWO SIGMA SECURITIES, LLC 0.02% 21,162 $148K
7 GTS SECURITIES LLC 0.02% 62,748 $439K
8 CITIGROUP INC 0.01% 4,580,632 $32.1M
9 GILL CAPITAL PARTNERS, LLC 0.01% 5,000 $35K
10 DRW Securities, LLC 0.01% 68,213 $477K
11 JANE STREET GROUP, LLC 0.01% 6,779,100 $47.5M
12 UBS Group AG 0.00% 3,605,922 $25.2M
13 XTX Topco Ltd 0.00% 23,520 $165K
14 Caitlin John, LLC 0.00% 600 $4K
15 Benson Wealth Management INC 0.00% 162 $1K
16 Parallel Advisors, LLC 0.00% 6,800 $48K
17 CITADEL ADVISORS LLC 0.00% 656,900 $4.6M
18 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 836,900 $5.9M
19 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 773,700 $5.4M
20 CITADEL ADVISORS LLC 0.00% 533,900 $3.7M
21 HRT FINANCIAL LP 0.00% 31,229 $218K
22 GROUP ONE TRADING LLC 0.00% 28,288 $198K
23 JANE STREET GROUP, LLC 0.00% 369,300 $2.6M
24 BANK OF MONTREAL /CAN/ 0.00% 123,600 $865K
25 BANK OF MONTREAL /CAN/ 0.00% 123,200 $862K
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 — GRANITESHARES 2X LONG COIN DAILY ETF (CONL)

What does the Smart Money Trend signal show for CONL?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for CONL?

Slight buying edge — 50% buying: Last quarter: 19 funds bought or added vs 19 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 CONL holders?

Elite ownership — 97% AUM from top-100 funds: 9 of 26 holders are among the 100 largest funds by AUM, controlling 97% of total institutional value in CONL. 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 CONL?

Mostly new holders — 54% entered in last year: Only 6 funds (23%) 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.

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.