Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Grifols S A (GRFS)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -18
Streak
1Q ▼
Buyers last Q
41%

Smart Money Signals — GRFS

Based on 167 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their GRFS 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 — 90% of 3.0Y peak

90% of all-time peak
167 funds currently hold this stock — 90% of the 3.0-year high of 185 funds (reached 2026 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +9% more funds vs a year ago

fund count last 6Q
+14 new funds entered over the past year (+9% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 41% buying

74 buying106 selling
Last quarter: 106 funds reduced or exited vs 74 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 (-7 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 42 → 30 → 27 → 20. 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.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 22% medium ■ 14% new
106 out of 167 hedge funds have held GRFS 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

25 → 42 → 30 → 27 → 20 new funds/Q
New funds entering each quarter: 42 → 30 → 27 → 20. GRFS 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 — 68% veterans vs 21% newcomers

■ 68% veterans ■ 10% 1-2yr ■ 21% new
Entry-cohort mix of 173 holders: 118 (68%) are 2+ year veterans, 18 entered 1–2 years ago, and 37 (21%) 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
37 of 167 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.
3.4
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 — GRFS

In 2026 Q2, 74 hedge funds were net buyers of GRFS (20 opened a new position, 54 added to an existing one), while 106 reduced or exited (68 trimmed, 38 sold completely) — a 41% buyer ratio, indicating roughly balanced activity. 38% of total institutional value in GRFS is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -18 funds (more exits than new entries). Total institutional holders: 167.

Hedge Fund Ownership: GRFS

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

Market Analysis: GRFS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: GRFS

-- --

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

Is It Too Late to Buy Grifols S A (GRFS) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much GRFS has moved relative to its sector benchmark (XLV) since the 2026 Q2 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 June 30, 2026 · 61d ago
GRFS
+8.6%
XLV
+7.9%

GRFS outperformed XLV by +0.7% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 16d ago
GRFS
-1.2%
XLV
+2.3%

Since the filing became public, GRFS outperformed XLV by -3.5% .

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.

7 top-rated funds 2 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
2.1
/ 10
conviction
Hedge Fund Positioning: GRFS
165 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 165 185 -10.81%
13F Shares 143M 143M -0.07%
Total Value $1.01B $1.14B -11.61%
New Positions 19 27 -8
Increased Positions 54 71 -17
Closed Positions 39 25 +14
Reduced Positions 66 54 +12
Total Calls 3 2 50.0%
Total Puts 3 2 50.0%
PUT/CALL Ratio 1.0 1.0 Neutral

Statistics: GRFS

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Institutional Holders (2026 Q2)

165 + investors

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

QUARTER:
Top 25 GRFS holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Permian Investment Partners, LP 15.33% 19,740,679 $139.8M
2 Black Creek Investment Management Inc. 3.05% 7,682,055 $54.4M
3 Flat Footed LLC 2.36% 4,349,708 $30.8M
4 Brandes Investment Partners, LP 1.88% 37,816,285 $267.7M
5 Armistice Capital, LLC 0.25% 2,936,000 $20.8M
6 Credit Industriel Et Commercial 0.25% 555,250 $3.9M
7 Whitebox Advisors LLC 0.15% 1,603,483 $11.4M
8 Hennion & Walsh Asset Management, Inc. 0.12% 592,173 $4.2M
9 Aspen Wealth Management LLC 0.10% 86,466 $612K
10 Capital International Ltd /Ca/ 0.09% 404,486 $2.9M
11 Capital Group Investment Management Pte. Ltd. 0.09% 81,955 $580K
12 GABELLI & Co INVESTMENT ADVISERS, INC. 0.08% 77,728 $550K
13 Capital International Sarl 0.06% 642,946 $4.6M
14 Atlas Capital Advisors INC. 0.04% 48,279 $387K
15 Campbell & CO Investment Adviser LLC 0.04% 111,729 $791K
16 State of Wyoming 0.04% 55,808 $395K
17 Bulltick Wealth Management, LLC 0.03% 20,973 $148K
18 Lanark Financial, INC. 0.03% 61,372 $435K
19 Cordgrass Capital Advisors, LLC 0.03% 10,000 $71K
20 PCM Encore, LLC 0.02% 19,583 $139K
21 New York State Common Retirement Fund 0.02% 2,452,728 $17.4M
22 Compass Wealth Management LLC 0.02% 15,222 $108K
23 Verition Fund Management LLC 0.02% 550,746 $3.9M
24 Capital World Investors 0.02% 22,911,656 $162.2M
25 B. Riley Wealth Advisors, Inc. 0.02% 47,601 $349K
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 — Grifols S A (GRFS)

What does the Smart Money Trend signal show for GRFS?

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

More sellers than buyers — 41% buying: Last quarter: 106 funds reduced or exited vs 74 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 GRFS holders?

Strong quality — 38% AUM from major funds: 37 of 167 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 GRFS?

63% of holders stayed for 2+ years: 106 out of 167 hedge funds have held GRFS 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 Grifols S A (GRFS) following the 2026 Q2 hedge fund 13F filings?

As of today, GRFS has moved -1.2% since the 2026 Q2 13F filing date (August 14, 2026), compared to +2.3% for the XLV sector ETF — an outperformance of -3.5%. Since the quarter end (June 30, 2026), GRFS has gained +8.6% vs +7.9% 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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