Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

DIVERSIFIED HEALTHCARE TR (DHC)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +15
Streak
2Q ▲
Buyers last Q
62%

Smart Money Signals — DHC

Based on 208 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added DHC 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.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
208 hedge funds hold DHC 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.
📶

Steady growth — +7% more funds vs a year ago

fund count last 6Q
+14 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 62% buying

110 buying67 selling
Last quarter: 110 funds were net buyers (32 opened a brand new position + 78 added to an existing one). Only 67 were sellers (50 trimmed + 17 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+7 vs last Q)

new funds entering per quarter
Funds opening a new DHC position: 31 → 17 → 25 → 32. 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+) ■ 23% medium ■ 13% new
132 out of 208 hedge funds have held DHC 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

31 → 31 → 17 → 25 → 32 new funds/Q
New funds entering each quarter: 31 → 17 → 25 → 32. A growing number of institutions are discovering DHC each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 69% of holders stayed 2+ years

■ 69% veterans ■ 8% 1-2yr ■ 22% new
Of 218 current holders: 151 (69%) 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 — 28% AUM from major funds

28% from top-100 AUM funds
34 of 208 holders rank in the top 100 by AUM, accounting for 28% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — 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 — DHC

In 2025 Q4, 110 hedge funds were net buyers of DHC (32 opened a new position, 78 added to an existing one), while 67 reduced or exited (50 trimmed, 17 sold completely) — a 62% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. 28% of total institutional value in DHC is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +15 funds (more new holders than closures). Total institutional holders: 208.

Hedge Fund Ownership: DHC

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

Market Analysis: DHC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: DHC

Real Estate REIT - Healthcare Facilities

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.

15 top-rated funds 3 high-conviction
Consensus
5.2
/ 10
breadth
×
Elite
2.6
/ 10
conviction
Hedge Fund Positioning: DHC
2026 Q1 Stats Unlock in 8 days 218 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 218 201 8.46%
13F Shares 191M 183M 4.1%
Total Value $924M $806M 14.51%
New Positions 32 25 +7
Increased Positions 85 70 +15
Closed Positions 17 21 -4
Reduced Positions 61 69 -8
Total Calls 6 4 50.0%
Total Puts 6 5 20.0%
PUT/CALL Ratio 1.0 1.25 Neutral

Statistics: DHC

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Financial Highlights

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Institutional Holders (2026 Q1)

218 + investors

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

Top 25 institutional holders of DHC — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 LDR Capital Management LLC 0.96% 107,256 $712K
2 CENTERSQUARE INVESTMENT MANAGEMENT LLC 0.20% 2,862,431 $19.0M
3 HUSSMAN STRATEGIC ADVISORS, INC. 0.15% 105,000 $697K
4 Ground Swell Capital, LLC 0.13% 10,284 $68K
5 VICTORY FINANCIAL GROUP, LLC 0.09% 107,969 $717K
6 Baer Investment Advisory LLC 0.09% 107,969 $717K
7 Abel Hall, LLC 0.05% 31,991 $212K
8 Inspire Investing, LLC 0.04% 75,725 $503K
9 FIDELIS CAPITAL PARTNERS, LLC 0.03% 54,367 $361K
10 WOLVERINE ASSET MANAGEMENT LLC 0.02% 304,718 $2.0M
11 Baker Ellis Asset Management LLC 0.02% 21,000 $139K
12 Verum Partners LLC 0.02% 12,040 $80K
13 Onyx Bridge Wealth Group LLC 0.01% 18,400 $122K
14 Hillsdale Investment Management Inc. 0.01% 54,600 $363K
15 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.01% 23,107 $153K
16 Metis Global Partners, LLC 0.01% 57,107 $379K
17 State of Alaska, Department of Revenue 0.01% 121,686 —
18 ING GROEP NV 0.01% 200,000 $1.3M
19 Sterling Capital Management LLC 0.01% 58,478 $388K
20 Russell Investments Group, Ltd. 0.01% 999,855 $6.6M
21 Vestcor Inc 0.01% 33,374 —
22 WINTON GROUP Ltd 0.01% 25,600 $170K
23 Asset Management One Co., Ltd. 0.01% 301,921 $2.0M
24 NOMURA ASSET MANAGEMENT CO LTD 0.01% 338,600 $2.2M
25 CIBC Bancorp USA Inc. 0.01% 571,058 $3.8M
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 — DIVERSIFIED HEALTHCARE TR (DHC)

What does the Smart Money Trend signal show for DHC?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added DHC 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 DHC?

More buyers than sellers — 62% buying: Last quarter: 110 funds were net buyers (32 opened a brand new position + 78 added to an existing one). Only 67 were sellers (50 trimmed + 17 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for DHC holders?

Strong quality — 28% AUM from major funds: 34 of 208 holders rank in the top 100 by AUM, accounting for 28% 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 DHC?

63% of holders stayed for 2+ years: 132 out of 208 hedge funds have held DHC 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.