Stock Analysis
Data Source: SEC EDGAR 13F
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Hecla Mining Company (HL)

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

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +37
Streak
9Q ▲
Buyers last Q
57%

Smart Money Signals — HL

Based on 557 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 9 quarters in a row

last 6Q
For 9 consecutive quarters, more hedge funds added HL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
557 hedge funds hold HL right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +50% more funds vs a year ago

fund count last 6Q
+186 new funds entered over the past year (+50% 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 — 57% buying

353 buying262 selling
Last quarter: 353 funds bought or added vs 262 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.
⚠️

Fewer new buyers each quarter (-6 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 59 → 121 → 134 → 128. 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.
🔒

46% of holders stayed for 2+ years

46% conviction (2yr+) 21% medium 33% new
257 out of 557 hedge funds have held HL 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.
📈

Growing discovery — still being found

64 → 59 → 121 → 134 → 128 new funds/Q
New funds entering each quarter: 59 → 121 → 134 → 128. A growing number of institutions are discovering HL each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 54% veterans vs 36% newcomers

54% veterans 10% 1-2yr 36% new
Entry-cohort mix of 591 holders: 322 (54%) are 2+ year veterans, 58 entered 1–2 years ago, and 211 (36%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 60% AUM from top-100 funds

60% from top-100 AUM funds
65 of 553 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in HL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.5
out of 10
Moderate Exit Risk
Exit risk score 4.5/10 — 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 — HL

In 2026 Q1, 353 hedge funds were net buyers of HL (128 opened a new position, 225 added to an existing one), while 262 reduced or exited (171 trimmed, 91 sold completely) — a 57% buyer ratio, indicating a slight buying edge. This marks 9 consecutive quarters of net institutional buying — a persistent conviction signal. 60% of total institutional value in HL is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +37 funds (more new holders than closures). Total institutional holders: 557.

Hedge Fund Ownership: HL

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

Market Analysis: HL

Analyst Price Targets

Avg. Price Target
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Analyst Recommendations

Stock Performance

Real-time

Company Profile: HL

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

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

38 top-rated funds 5 high-conviction
Consensus
6.9
/ 10
breadth
×
Elite
3.3
/ 10
conviction
Hedge Fund Positioning: HL
2026 Q2 Stats Unlock in 4 days 551 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 551 519 6.17%
13F Shares 508M 494M 2.94%
Total Value $8.74B $9.86B -11.37%
New Positions 126 134 -8
Increased Positions 220 194 +26
Closed Positions 94 59 +35
Reduced Positions 154 134 +20
Total Calls 25 22 13.64%
Total Puts 13 17 -23.53%
PUT/CALL Ratio 0.52 0.77 Bullish

Statistics: HL

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Institutional Holders (2026 Q2)

551 + investors

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

QUARTER:
2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 HL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 REX Advisers, LLC 3.98% 114,300 $1.8M
2 Steadtrust LLC 3.25% 416,180 $6.4M
3 Oppenheimer & Close, LLC 3.22% 331,280 $5.1M
4 Abbington Investment Group 3.09% 314,772 $4.9M
5 Cedrus Wealth Group LLC 2.00% 148,743 $2.3M
6 Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. 1.72% 52,100 $804K
7 Mh & Associates Securities Management Corp /Adv 1.01% 73,315 $1.1M
8 Harvest Investment Services, LLC 0.69% 287,203 $4.4M
9 FORA Capital, LLC 0.68% 640,524 $9.9M
10 Oxbow Advisors, LLC 0.61% 483,195 $7.5M
11 Phocas Financial Corp. 0.58% 271,410 $4.2M
12 Tidal Investments LLC 0.58% 21,633,448 $333.8M
13 Towne Trust Company, N.A 0.52% 110,800 $1.7M
14 Jupiter Asset Management Ltd 0.46% 6,069,856 $93.7M
15 NJ State Employees Deferred Compensation Plan 0.43% 325,550 $3.9M
16 Ninepoint Partners LP 0.42% 358,600 $5.5M
17 Catalyst Funds Management Pty Ltd 0.38% 437,100 $6.7M
18 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.36% 19,671,503 $303.5M
19 Van Eck Associates Corp 0.36% 38,174,114 $589.0M
20 Cvfg LLC 0.35% 215,012 $3.3M
21 Ridge Creek Global, Inc 0.34% 28,000 $432K
22 B. Riley Wealth Advisors, Inc. 0.34% 406,880 $6.3M
23 Florida Financial Advisors, LLC 0.33% 124,750 $1.9M
24 Navellier & Associates Inc 0.30% 244,849 $3.8M
25 Bayesian Capital Management, LP 0.29% 29,500 $455K
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 — Hecla Mining Company (HL)

What does the Smart Money Trend signal show for HL?

Buying streak — 9 quarters in a row: For 9 consecutive quarters, more hedge funds added HL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for HL?

Slight buying edge — 57% buying: Last quarter: 353 funds bought or added vs 262 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 HL holders?

Elite ownership — 60% AUM from top-100 funds: 65 of 553 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in HL. 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 HL?

46% of holders stayed for 2+ years: 257 out of 557 hedge funds have held HL 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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