Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

CAPITAL SOUTHWEST CORP (CSWC)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
2Q ▼
Buyers last Q
45%

Smart Money Signals — CSWC

Based on 163 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their CSWC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 94% of 3.0Y peak

94% of all-time peak
163 funds currently hold this stock — 94% of the 3.0-year high of 174 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +4% more funds vs a year ago

fund count last 6Q
+7 new funds entered over the past year (+4% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 45% buying

73 buying89 selling
Last quarter: 89 funds reduced or exited vs 73 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~26 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 36 → 31 → 26 → 26. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 25% medium ■ 21% new
88 out of 163 hedge funds have held CSWC 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.
📊

Peak discovery — momentum slowing

34 → 36 → 31 → 26 → 26 new funds/Q
New funds entering each quarter: 36 → 31 → 26 → 26. CSWC is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Deep conviction — 58% of holders stayed 2+ years

■ 58% veterans ■ 11% 1-2yr ■ 31% new
Of 167 current holders: 97 (58%) 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 — 33% AUM from major funds

33% from top-100 AUM funds
28 of 163 holders rank in the top 100 by AUM, accounting for 33% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — 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 — CSWC

In 2025 Q4, 73 hedge funds were net buyers of CSWC (26 opened a new position, 47 added to an existing one), while 89 reduced or exited (61 trimmed, 28 sold completely) — a 45% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 33% of total institutional value in CSWC is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 163.

Hedge Fund Ownership: CSWC

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

Market Analysis: CSWC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CSWC

-- --

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

Is It Too Late to Buy CAPITAL SOUTHWEST CORP (CSWC) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CSWC has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 50d ago
CSWC
+13.3%
XLF
+4.8%

CSWC outperformed XLF by +8.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 5d ago
CSWC
-1.2%
XLF
+1.2%

Since the filing became public, CSWC outperformed XLF by -2.4% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

11 top-rated funds 4 high-conviction
Consensus
4.7
/ 10
breadth
×
Elite
3.2
/ 10
conviction
Hedge Fund Positioning: CSWC
171 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 171 163 4.91%
13F Shares 19M 15M 24.25%
Total Value $395M $366M 7.83%
New Positions 33 26 +7
Increased Positions 54 46 +8
Closed Positions 25 28 -3
Reduced Positions 47 60 -13
Total Calls 3 3 -
Total Puts 3 3 -
PUT/CALL Ratio 1.0 1.0 Neutral

Statistics: CSWC

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Financial Highlights

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Institutional Holders (2026 Q1)

171 + investors

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

QUARTER:
Top 25 institutional holders of CSWC — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Melia Wealth LLC 5.52% 515,478 $11.4M
2 PANORAMIC INVESTMENT ADVISORS, LLC 5.52% 515,525 $11.4M
3 SMH CAPITAL ADVISORS INC 5.26% 1,733 $1.7M
4 SANDERS MORRIS HARRIS LLC 3.90% 1,111,173 $24.6M
5 Womack Financial LLC 3.78% 232,275 $5.1M
6 Muzinich & Co., Inc. 3.30% 426,243 $9.4M
7 EPIQ PARTNERS, LLC 3.23% 312,326 $6.9M
8 GraniteShares Advisors LLC 1.75% 109,894 $2.4M
9 Sound Income Strategies, LLC 0.96% 903,329 $19.8M
10 Columbus Macro, LLC 0.85% 357,781 $7.9M
11 First Dallas Securities Inc. 0.73% 89,691 $2.0M
12 Closed-End Fund Advisors, Inc. 0.69% 30,588 $677K
13 GRACE & WHITE INC /NY 0.64% 164,697 $3.6M
14 Empirical Finance, LLC 0.64% 618,866 $13.7M
15 Moerus Capital Management LLC 0.50% 61,698 $1.4M
16 Fund Advisors of America Inc/FL 0.41% 18,426 $408K
17 Naviter Wealth, LLC 0.34% 124,570 $2.8M
18 CALDWELL SUTTER CAPITAL, INC. 0.33% 37,018 $819K
19 Legacy Capital Wealth Partners, LLC 0.32% 71,174 $1.6M
20 Truvestments Capital LLC 0.29% 72,746 $1.6M
21 Arlington Capital Management, Inc. 0.27% 21,565 $477K
22 Hodges Capital Management Inc. 0.20% 110,275 $2.4M
23 Bayshore Capital Advisors, LLC 0.19% 20,500 $453K
24 DENALI ADVISORS LLC 0.19% 75,847 $1.7M
25 OXFORD ASSET MANAGEMENT LLP 0.18% 19,172 $424K
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 — CAPITAL SOUTHWEST CORP (CSWC)

What does the Smart Money Trend signal show for CSWC?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their CSWC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for CSWC?

More sellers than buyers — 45% buying: Last quarter: 89 funds reduced or exited vs 73 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for CSWC holders?

Strong quality — 33% AUM from major funds: 28 of 163 holders rank in the top 100 by AUM, accounting for 33% 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 CSWC?

54% of holders stayed for 2+ years: 88 out of 163 hedge funds have held CSWC 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.

Is it too late to buy CAPITAL SOUTHWEST CORP (CSWC) following the 2026 Q1 hedge fund 13F filings?

As of today, CSWC has moved -1.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.2% for the XLF sector ETF — an outperformance of -2.4%. Since the quarter end (March 31, 2026), CSWC has gained +13.3% vs +4.8% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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