Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Doximity Inc (DOCS)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -50
Streak
2Q ▼
Buyers last Q
49%

Smart Money Signals — DOCS

Based on 417 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their DOCS 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 — 85% of 3.0Y peak

85% of all-time peak
417 funds currently hold this stock — 85% of the 3.0-year high of 493 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 14% fewer funds vs a year ago

fund count last 6Q
70 fewer hedge funds hold DOCS compared to a year ago (-14% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 49% buying

249 buying257 selling
Last quarter: 257 funds reduced or exited vs 249 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.
⚠️

Fewer new buyers each quarter (-15 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 93 → 82 → 96 → 81. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

50% of holders stayed for 2+ years

■ 50% conviction (2yr+) ■ 27% medium ■ 23% new
208 out of 417 hedge funds have held DOCS 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.
💎

Buying through price weakness — shares +1%, value -48%

Value
-47%
Shares
+0%
Last quarter: funds added +1% more shares while total portfolio value only changed -48%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~81 new funds/quarter

114 → 93 → 82 → 96 → 81 new funds/Q
New funds entering each quarter: 93 → 82 → 96 → 81. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 58% veterans vs 29% newcomers

■ 58% veterans ■ 13% 1-2yr ■ 29% new
Entry-cohort mix of 437 holders: 254 (58%) are 2+ year veterans, 55 entered 1–2 years ago, and 128 (29%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 43% AUM from top-100 funds

43% from top-100 AUM funds
56 of 413 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in DOCS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.9
out of 10
Low Exit Risk
Exit risk score 2.9/10 — 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 — DOCS

In 2026 Q1, 249 hedge funds were net buyers of DOCS (81 opened a new position, 168 added to an existing one), while 257 reduced or exited (126 trimmed, 131 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 43% of total institutional value in DOCS is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -50 funds (more exits than new entries). Total institutional holders: 417.

Hedge Fund Ownership: DOCS

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

Market Analysis: DOCS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: DOCS

-- --

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

Is It Too Late to Buy Doximity Inc (DOCS) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much DOCS has moved relative to its sector benchmark (XLV) 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 · 89d ago
DOCS
-10.4%
XLV
+9.2%

DOCS outperformed XLV by -19.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 44d ago
DOCS
+10.1%
XLV
+10.3%

Since the filing became public, DOCS outperformed XLV by -0.2% .

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.

30 top-rated funds 1 high-conviction
Consensus
6.5
/ 10
breadth
×
Elite
2.6
/ 10
conviction
Hedge Fund Positioning: DOCS
415 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 415 467 -11.13%
13F Shares 121M 125M -2.84%
Total Value $2.76B $5.46B -49.39%
New Positions 80 96 -16
Increased Positions 161 129 +32
Closed Positions 132 122 +10
Reduced Positions 122 185 -63
Total Calls 12 10 20.0%
Total Puts 12 14 -14.29%
PUT/CALL Ratio 1.0 1.4 Neutral

Statistics: DOCS

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Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
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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 Q1)

415 + investors

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

QUARTER:
Top 25 DOCS holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Emergence GP Partners, LLC 8.10% 387,500 $9.0M
2 Sparta 24 Ltd. 3.36% 126,266 $2.9M
3 Carmignac Gestion 1.54% 4,311,997 $100.5M
4 Family Legacy Financial Solutions, LLC 1.07% 57,526 $1.3M
5 Occam Crest Management LP 0.74% 52,000 $1.2M
6 Rhenman & Partners Asset Management AB 0.53% 183,808 $4.3M
7 Rice Hall James & Associates, LLC 0.51% 392,241 $9.1M
8 nVerses Capital, LLC 0.40% 18,907 $441K
9 William Blair Investment Management, LLC 0.37% 4,834,220 $112.6M
10 Montanaro Asset Management Ltd 0.32% 45,300 $1.1M
11 Wilmington Savings Fund Society, FSB 0.31% 566,500 $13.2M
12 Riverbridge Partners LLC 0.28% 489,742 $11.4M
13 Kennicott Capital Management LLC 0.25% 20,000 $466K
14 Walleye Capital LLC 0.24% 2,452,125 $57.1M
15 Strategic Global Advisors, LLC 0.21% 55,195 $1.3M
16 Bridgefront Capital, LLC 0.19% 33,529 $781K
17 MRA Advisory Group 0.19% 20,374 $475K
18 Edgestream Partners, L.P. 0.19% 252,555 $5.9M
19 Brant Point Investment Management LLC 0.18% 60,002 $1.4M
20 WINTON GROUP Ltd 0.18% 214,373 $5.0M
21 Voleon Capital Management LP 0.17% 346,161 $8.1M
22 Aquatic Capital Management LLC 0.14% 209,823 $4.9M
23 Oak Thistle LLC 0.14% 59,763 $1.4M
24 Nebula Research & Development LLC 0.13% 25,779 $1.6M
25 Fundsmith LLP 0.13% 691,786 $16.1M
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 — Doximity Inc (DOCS)

What does the Smart Money Trend signal show for DOCS?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their DOCS 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 DOCS?

More sellers than buyers — 49% buying: Last quarter: 257 funds reduced or exited vs 249 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 DOCS holders?

Elite ownership — 43% AUM from top-100 funds: 56 of 413 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in DOCS. 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 DOCS?

50% of holders stayed for 2+ years: 208 out of 417 hedge funds have held DOCS 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 Doximity Inc (DOCS) following the 2026 Q1 hedge fund 13F filings?

As of today, DOCS has moved +10.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +10.3% for the XLV sector ETF — an outperformance of -0.2%. Since the quarter end (March 31, 2026), DOCS has gained -10.4% vs +9.2% for XLV. 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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