Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

FORUM MARKETS INC (ETHZ)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -12
Streak
1Q ▼
Buyers last Q
44%

Smart Money Signals — ETHZ

Based on 46 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their ETHZ 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 — 79% of 3.0Y peak

79% of all-time peak
46 funds currently hold this stock — 79% of the 3.0-year high of 58 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +4500% more funds vs a year ago

fund count last 6Q
+45 new funds entered over the past year (+4500% 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.
🟠

More sellers than buyers — 44% buying

23 buying29 selling
Last quarter: 29 funds reduced or exited vs 23 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 (-49 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 0 → 3 → 56 → 7. 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.
🔄

Mostly new holders — 91% entered in last year

■ 2% conviction (2yr+) ■ 7% medium ■ 91% new
Only 1 funds (2%) 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 +6%, value -38%

Value
-37%
Shares
+5%
Last quarter: funds added +6% more shares while total portfolio value only changed -38%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~7 new funds/quarter

0 → 0 → 3 → 56 → 7 new funds/Q
New funds entering each quarter: 0 → 3 → 56 → 7. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱

Early stage — 98% of holders entered in last year

■ 2% veterans ■ 0% 1-2yr ■ 98% new
Of 51 current holders: 50 (98%) entered in the past year, only 1 (2%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
🏆

Elite ownership — 52% AUM from top-100 funds

52% from top-100 AUM funds
17 of 46 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in ETHZ. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
6.5
out of 10
Moderate Exit Risk
Exit risk score 6.5/10 — 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 — ETHZ

In 2026 Q1, 23 hedge funds were net buyers of ETHZ (7 opened a new position, 16 added to an existing one), while 29 reduced or exited (10 trimmed, 19 sold completely) — a 44% buyer ratio, indicating roughly balanced activity. 52% of total institutional value in ETHZ is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -12 funds (more exits than new entries). Total institutional holders: 46.

Hedge Fund Ownership: ETHZ

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

Market Analysis: ETHZ

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ETHZ

-- --

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.

4 top-rated funds 1 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.9
/ 10
conviction
Hedge Fund Positioning: ETHZ
46 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 46 58 -20.69%
13F Shares 12M 11M 5.64%
Total Value $35M $56M -37.53%
New Positions 7 56 -49
Increased Positions 13 0 +13
Closed Positions 19 1 +18
Reduced Positions 10 2 +8
Total Calls 4 6 -33.33%
Total Puts 3 4 -25.0%
PUT/CALL Ratio 0.75 0.67 Neutral

Statistics: ETHZ

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Institutional Holders (2026 Q1)

46 + investors

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

QUARTER:
Top 25 institutional holders of ETHZ — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Electric Capital Partners, LLC 3.38% 1,375,956 $4.0M
2 Hunting Hill Global Capital, LLC 1.91% 852,111 $2.5M
3 Stokes Family Office, LLC 0.23% 767,800 $2.2M
4 Almitas Capital LLC 0.05% 80,408 $232K
5 J. Derek Lewis & Associates Inc. 0.04% 37,000 $181K
6 Saba Capital Management, L.P. 0.04% 480,709 $1.4M
7 WOLVERINE ASSET MANAGEMENT LLC 0.01% 519,294 $1.5M
8 DRW Securities, LLC 0.01% 270,733 $782K
9 GM Advisory Group, LLC 0.01% 56,603 $164K
10 Woodline Partners LP 0.01% 538,053 $1.6M
11 SkyView Investment Advisors, LLC 0.00% 12,500 —
12 K2 PRINCIPAL FUND, L.P. 0.00% 11,644 $34K
13 ExodusPoint Capital Management, LP 0.00% 95,491 $276K
14 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 3,795,600 $11.0M
15 Schonfeld Strategic Advisors LLC 0.00% 56,285 $163K
16 Liontrust Investment Partners LLP 0.00% 14,629 $72K
17 Man Group plc 0.00% 56,555 $163K
18 GROUP ONE TRADING LLC 0.00% 33,621 $97K
19 CITADEL ADVISORS LLC 0.00% 345,225 $998K
20 UBS Group AG 0.00% 327,794 $947K
21 JANE STREET GROUP, LLC 0.00% 352,900 $1.0M
22 MILLENNIUM MANAGEMENT LLC 0.00% 72,345 $209K
23 BARCLAYS PLC 0.00% 96,082 $278K
24 VANGUARD FIDUCIARY TRUST CO 0.00% 80,049 $231K
25 CITADEL ADVISORS LLC 0.00% 116,180 $336K
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 — FORUM MARKETS INC (ETHZ)

What does the Smart Money Trend signal show for ETHZ?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their ETHZ 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 ETHZ?

More sellers than buyers — 44% buying: Last quarter: 29 funds reduced or exited vs 23 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 ETHZ holders?

Elite ownership — 52% AUM from top-100 funds: 17 of 46 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in ETHZ. 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 ETHZ?

Mostly new holders — 91% entered in last year: Only 1 funds (2%) 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.

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