Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

HUTCHMED CHINA LTD SPONSORED ADS (HCM)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -8
Streak
2Q ▼
Buyers last Q
40%

Smart Money Signals — HCM

Based on 45 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their HCM positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🔻

Below peak — only 69% of 3.0Y high

69% of all-time peak
Only 45 funds hold HCM today versus a peak of 65 funds at 2023 Q4 — just 69% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
📉

Outflows — 29% fewer funds vs a year ago

fund count last 6Q
18 fewer hedge funds hold HCM compared to a year ago (-29% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 40% buying

18 buying27 selling
Last quarter: 27 funds reduced or exited vs 18 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.
➡️

Steady new buyers — ~3 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 2 → 9 → 3 → 3. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

73% of holders stayed for 2+ years

■ 73% conviction (2yr+) ■ 16% medium ■ 11% new
33 out of 45 hedge funds have held HCM 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.
⚠️

Saturation — most institutions already know this story

9 → 2 → 9 → 3 → 3 new funds/Q
New funds entering each quarter: 2 → 9 → 3 → 3. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.
🏛️

Deep conviction — 76% of holders stayed 2+ years

■ 76% veterans ■ 13% 1-2yr ■ 11% new
Of 45 current holders: 34 (76%) 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.
📋

Smaller funds dominant — 15% AUM from top-100

15% from top-100 AUM funds
12 of 45 holders rank in the top 100 by AUM, but together hold only 15% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
2.2
out of 10
Low Exit Risk
Exit risk score 2.2/10 — 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 — HCM

In 2025 Q4, 18 hedge funds were net buyers of HCM (3 opened a new position, 15 added to an existing one), while 27 reduced or exited (16 trimmed, 11 sold completely) — a 40% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. Net fund flow last quarter: -8 funds (more exits than new entries). Total institutional holders: 45.

Hedge Fund Ownership: HCM

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

Market Analysis: HCM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HCM

-- --

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.

10 top-rated funds 0 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: HCM
2026 Q1 Stats Unlock in 3 days 45 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 45 53 -15.09%
13F Shares 5M 6M -10.58%
Total Value $68M $90M -24.36%
New Positions 3 3 -
Increased Positions 15 20 -5
Closed Positions 11 9 +2
Reduced Positions 16 19 -3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: HCM

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Financial Highlights

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Institutional Holders (2026 Q1)

45 + investors

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

QUARTER:
Top 25 institutional holders of HCM — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 XY Capital Ltd 0.72% 48,394 $724K
2 AIA Group Ltd 0.06% 291,229 $4.4M
3 M&G Plc 0.02% 255,468 $3.8M
4 Crossmark Global Holdings, Inc. 0.02% 84,963 $1.3M
5 SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% 1,477,494 $22.1M
6 Allianz Asset Management GmbH 0.01% 837,475 $12.5M
7 EverSource Wealth Advisors, LLC 0.00% 6,620 $108K
8 RENAISSANCE TECHNOLOGIES LLC 0.00% 132,062 $2.0M
9 XTX Topco Ltd 0.00% 11,378 $170K
10 Summit Trail Advisors, LLC 0.00% 13,090 $196K
11 Vident Advisory, LLC 0.00% 17,726 $265K
12 Tidal Investments LLC 0.00% 67,385 $1.0M
13 Orion Porfolio Solutions, LLC 0.00% 15,961 $239K
14 Blue Trust, Inc. 0.00% 7,708 $115K
15 Janney Montgomery Scott LLC 0.00% 24,424 —
16 BNP PARIBAS FINANCIAL MARKETS 0.00% 106,504 $1.6M
17 Tower Research Capital LLC (TRC) 0.00% 642 $10K
18 Pinnacle Wealth Planning Services, Inc. 0.00% 124 $2K
19 Mariner, LLC 0.00% 10,925 $163K
20 MILLENNIUM MANAGEMENT LLC 0.00% 28,014 $419K
21 JANE STREET GROUP, LLC 0.00% 76,514 $1.1M
22 Physician Wealth Advisors, Inc. 0.00% 70 $1K
23 UBS Group AG 0.00% 44,758 $670K
24 CITADEL ADVISORS LLC 0.00% 30,514 $456K
25 RHUMBLINE ADVISERS 0.00% 4,096 $61K
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 — HUTCHMED CHINA LTD SPONSORED ADS (HCM)

What does the Smart Money Trend signal show for HCM?

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

More sellers than buyers — 40% buying: Last quarter: 27 funds reduced or exited vs 18 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 HCM holders?

Smaller funds dominant — 15% AUM from top-100: 12 of 45 holders rank in the top 100 by AUM, but together hold only 15% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held HCM?

73% of holders stayed for 2+ years: 33 out of 45 hedge funds have held HCM 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.