Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Fulcrum Therapeutics Inc (FULC)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -14
Streak
2Q ▼
Buyers last Q
55%

Smart Money Signals — FULC

Based on 153 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their FULC 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 — 91% of 3.0Y peak

91% of all-time peak
153 funds currently hold this stock — 91% of the 3.0-year high of 169 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +26% more funds vs a year ago

fund count last 6Q
+32 new funds entered over the past year (+26% 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 — 55% buying

101 buying83 selling
Last quarter: 101 funds bought or added vs 83 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 — ~31 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 24 → 58 → 36 → 31. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

53% of holders stayed for 2+ years

■ 53% conviction (2yr+) ■ 20% medium ■ 27% new
81 out of 153 hedge funds have held FULC 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 +9%, value -48%

Value
-48%
Shares
+8%
Last quarter: funds added +9% 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.
📊

Peak discovery — momentum slowing

24 → 24 → 58 → 36 → 31 new funds/Q
New funds entering each quarter: 24 → 58 → 36 → 31. FULC is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 62% veterans vs 24% newcomers

■ 62% veterans ■ 14% 1-2yr ■ 24% new
Entry-cohort mix of 160 holders: 99 (62%) are 2+ year veterans, 22 entered 1–2 years ago, and 39 (24%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 38% AUM from major funds

38% from top-100 AUM funds
42 of 153 holders rank in the top 100 by AUM, accounting for 38% 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 — FULC

In 2026 Q2, 101 hedge funds were net buyers of FULC (31 opened a new position, 70 added to an existing one), while 83 reduced or exited (38 trimmed, 45 sold completely) — a 55% buyer ratio, indicating a slight buying edge. Net selling has persisted for two consecutive quarters. 38% of total institutional value in FULC is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -14 funds (more exits than new entries). Total institutional holders: 153.

Hedge Fund Ownership: FULC

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

Market Analysis: FULC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FULC

-- --

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.

9 top-rated funds 0 high-conviction
Consensus
4.3
/ 10
breadth
×
Elite
0.8
/ 10
conviction
Hedge Fund Positioning: FULC
152 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 152 167 -8.98%
13F Shares 79M 72M 8.93%
Total Value $283M $546M -48.14%
New Positions 31 36 -5
Increased Positions 70 71 -1
Closed Positions 46 38 +8
Reduced Positions 33 40 -7
Total Calls 4 3 33.33%
Total Puts 3 3 -
PUT/CALL Ratio 0.75 1.0 Neutral

Statistics: FULC

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Financial Highlights

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Institutional Holders (2026 Q2)

152 + investors

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

QUARTER:
Top 25 FULC holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 EcoR1 Capital, LLC 1.17% 6,549,866 $24.0M
2 GSK plc 1.09% 1,785,714 $6.5M
3 Tang Capital Management LLC 1.08% 6,521,412 $23.9M
4 Peapod Lane Capital LLC 0.71% 285,798 $1.0M
5 Nantahala Capital Management, LLC 0.67% 5,475,040 $20.0M
6 Verdad Advisers, LP 0.44% 125,224 $458K
7 Ikarian Capital, LLC 0.41% 1,049,161 $3.8M
8 Rangeley Capital, LLC 0.38% 114,890 $420K
9 ADAR1 Capital Management, LLC 0.26% 1,565,029 $5.7M
10 Montanova Capital, LLC 0.25% 3,680,921 $13.5M
11 Scientech Research LLC 0.08% 28,584 $105K
12 Y-Intercept (Hong Kong) Ltd 0.05% 681,832 $2.5M
13 Headlands Technologies LLC 0.03% 89,723 $328K
14 Fox Run Management, L.L.C. 0.03% 56,446 $207K
15 Axq Capital, LP 0.03% 81,483 $298K
16 Castleview Partners, LLC 0.03% 19,100 $70K
17 Aigen Investment Management, LP 0.03% 29,512 $108K
18 Hennion & Walsh Asset Management, Inc. 0.02% 233,851 $856K
19 Westshore Wealth, LLC 0.02% 17,000 $62K
20 Prelude Capital Management, LLC 0.02% 67,857 $248K
21 Marquette Asset Management, LLC 0.02% 38,552 $141K
22 Boothbay Fund Management, LLC 0.01% 303,988 $1.1M
23 Engineers Gate Manager LP 0.01% 242,000 $886K
24 Seven Fleet Capital Management LP 0.01% 18,089 $66K
25 RBF Capital, LLC 0.01% 70,000 $256K
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 — Fulcrum Therapeutics Inc (FULC)

What does the Smart Money Trend signal show for FULC?

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

Slight buying edge — 55% buying: Last quarter: 101 funds bought or added vs 83 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 FULC holders?

Strong quality — 38% AUM from major funds: 42 of 153 holders rank in the top 100 by AUM, accounting for 38% 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 FULC?

53% of holders stayed for 2+ years: 81 out of 153 hedge funds have held FULC 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.

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