Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

D MARKET ELECTR SVCS TRADING SPONSORED ADS (HEPS)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -9
Streak
1Q ▼
Buyers last Q
40%

Smart Money Signals — HEPS

Based on 34 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their HEPS 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 — 72% of 3.0Y peak

72% of all-time peak
34 funds currently hold this stock — 72% of the 3.0-year high of 47 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 28% fewer funds vs a year ago

fund count last 6Q
13 fewer hedge funds hold HEPS compared to a year ago (-28% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 40% buying

17 buying26 selling
Last quarter: 26 funds reduced or exited vs 17 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 — ~6 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 10 → 6 → 11 → 6. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

44% of holders stayed for 2+ years

■ 44% conviction (2yr+) ■ 35% medium ■ 21% new
15 out of 34 hedge funds have held HEPS 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.
➡️

Steady discovery — ~6 new funds/quarter

17 → 10 → 6 → 11 → 6 new funds/Q
New funds entering each quarter: 10 → 6 → 11 → 6. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 44% of holders stayed 2+ years

■ 44% veterans ■ 12% 1-2yr ■ 44% new
Of 34 current holders: 15 (44%) 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 — 17% AUM from top-100

17% from top-100 AUM funds
13 of 34 holders rank in the top 100 by AUM, but together hold only 17% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
2.6
out of 10
Low Exit Risk
Exit risk score 2.6/10 — 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 — HEPS

In 2025 Q4, 17 hedge funds were net buyers of HEPS (6 opened a new position, 11 added to an existing one), while 26 reduced or exited (11 trimmed, 15 sold completely) — a 40% buyer ratio, indicating roughly balanced activity. Net fund flow last quarter: -9 funds (more exits than new entries). Total institutional holders: 34.

Hedge Fund Ownership: HEPS

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

Market Analysis: HEPS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HEPS

-- --

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.

10 top-rated funds 0 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
0.5
/ 10
conviction
Hedge Fund Positioning: HEPS
2026 Q1 Stats Unlock in 1 days 33 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 33 43 -23.26%
13F Shares 30M 42M -28.2%
Total Value $75M $114M -33.79%
New Positions 6 11 -5
Increased Positions 11 13 -2
Closed Positions 15 10 +5
Reduced Positions 11 14 -3
Total Calls 2 1 100.0%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: HEPS

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

33 + investors

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

QUARTER:
Top 25 institutional holders of HEPS — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 VR Advisory Services Ltd 5.11% 16,472,821 $43.2M
2 Rangeley Capital, LLC 0.51% 200,000 $524K
3 JBF Capital, Inc. 0.01% 30,949 $81K
4 Capricorn Fund Managers Ltd 0.01% 29,185 $76K
5 GAMMA Investing LLC 0.00% 31,183 $82K
6 XTX Topco Ltd 0.00% 71,283 $187K
7 Schonfeld Strategic Advisors LLC 0.00% 69,000 $181K
8 BNP PARIBAS FINANCIAL MARKETS 0.00% 871,751 $2.3M
9 NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.00% 159,800 $419K
10 TWIN PEAKS WEALTH ADVISORS, LLC 0.00% 677 $2K
11 SBI Securities Co., Ltd. 0.00% 5,150 $13K
12 Russell Investments Group, Ltd. 0.00% 121,305 $318K
13 UBS Group AG 0.00% 813,594 $2.1M
14 Aberdeen Group plc 0.00% 74,212 $194K
15 Vident Advisory, LLC 0.00% 12,669 $33K
16 BlackRock, Inc. 0.00% 2,747,500 $7.2M
17 IEQ CAPITAL, LLC 0.00% 10,284 $27K
18 TWO SIGMA ADVISERS, LP 0.00% 22,600 $56K
19 TWO SIGMA INVESTMENTS, LP 0.00% 39,738 $104K
20 MORGAN STANLEY 0.00% 522,636 $1.4M
21 RHUMBLINE ADVISERS 0.00% 14,066 $37K
22 CITADEL ADVISORS LLC 0.00% 60,000 $157K
23 JANE STREET GROUP, LLC 0.00% 61,029 $160K
24 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 48,746 $128K
25 CITADEL ADVISORS LLC 0.00% 10,900 $29K
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 — D MARKET ELECTR SVCS TRADING SPONSORED ADS (HEPS)

What does the Smart Money Trend signal show for HEPS?

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

More sellers than buyers — 40% buying: Last quarter: 26 funds reduced or exited vs 17 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 HEPS holders?

Smaller funds dominant — 17% AUM from top-100: 13 of 34 holders rank in the top 100 by AUM, but together hold only 17% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held HEPS?

44% of holders stayed for 2+ years: 15 out of 34 hedge funds have held HEPS 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.