Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

WEREWOLF THERAPEUTICS INC (HOWL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -13
Streak
4Q ▼
Buyers last Q
36%

Smart Money Signals — HOWL

Based on 49 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds reduced or closed their HOWL 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 68% of 3.0Y high

68% of all-time peak
Only 49 funds hold HOWL today versus a peak of 72 funds at 2024 Q4 — just 68% 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 — 32% fewer funds vs a year ago

fund count last 6Q
23 fewer hedge funds hold HOWL compared to a year ago (-32% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🔴

Heavy selling pressure — only 36% buying

20 buying35 selling
Last quarter: 35 funds sold vs only 20 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~6 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 10 → 17 → 8 → 6. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 22% medium ■ 20% new
28 out of 49 hedge funds have held HOWL 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 -30%, value -68%

Value
-68%
Shares
-30%
Last quarter: funds added -30% more shares while total portfolio value only changed -68%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
⚠️

Saturation — most institutions already know this story

12 → 10 → 17 → 8 → 6 new funds/Q
New funds entering each quarter: 10 → 17 → 8 → 6. 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 — 51% of holders stayed 2+ years

■ 51% veterans ■ 20% 1-2yr ■ 29% new
Of 49 current holders: 25 (51%) 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 — 1% AUM from top-100

1% from top-100 AUM funds
18 of 49 holders rank in the top 100 by AUM, but together hold only 1% 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 — HOWL

In 2025 Q4, 20 hedge funds were net buyers of HOWL (6 opened a new position, 14 added to an existing one), while 35 reduced or exited (16 trimmed, 19 sold completely) — a 36% buyer ratio, indicating net institutional distribution. This extends a 4-quarter selling streak, suggesting sustained institutional caution. Net fund flow last quarter: -13 funds (more exits than new entries). Total institutional holders: 49.

Hedge Fund Ownership: HOWL

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

Market Analysis: HOWL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HOWL

-- --

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: HOWL
2026 Q1 Stats Unlock in 3 days 48 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 48 61 -21.31%
13F Shares 15M 21M -30.19%
Total Value $382M $1.20B -68.18%
New Positions 6 8 -2
Increased Positions 14 9 +5
Closed Positions 19 11 +8
Reduced Positions 15 21 -6
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: HOWL

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Financial Highlights

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Institutional Holders (2026 Q1)

48 + investors

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

QUARTER:
Top 25 institutional holders of HOWL — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 DC Funds, LP 33.01% 589,102 $490K
2 Squadron Capital Management LLC 0.17% 563,535 $469K
3 Lynx1 Capital Management LP 0.09% 657,786 $548K
4 SPHERA FUNDS MANAGEMENT LTD. 0.08% 626,810 $522K
5 MPM BioImpact LLC 0.08% 1,208,810 $1.0M
6 RA CAPITAL MANAGEMENT, L.P. 0.06% 6,681,307 $5.6M
7 Verdad Advisers, LP 0.03% 29,760 $25K
8 Ranch Capital Advisors Inc. 0.00% 12,000 $10K
9 Delta Investment Management, LLC 0.00% 14,925 $12K
10 Financial Perspectives, Inc 0.00% 6,750 $6K
11 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.00% 77,000 $64K
12 CERTUITY, LLC 0.00% 15,000 $12K
13 XTX Topco Ltd 0.00% 50,929 $42K
14 RENAISSANCE TECHNOLOGIES LLC 0.00% 516,218 $430K
15 TFC Financial Management, Inc. 0.00% 4,500 $4K
16 Larson Financial Group LLC 0.00% 13,052 $11K
17 Alyeska Investment Group, L.P. 0.00% 86,554 $72K
18 HBK Sorce Advisory LLC 0.00% 13,227 $9K
19 MILLENNIUM MANAGEMENT LLC 0.00% 132,050 $110K
20 HRT FINANCIAL LP 0.00% 17,861 $14K
21 VANGUARD FIDUCIARY TRUST CO 0.00% 157,726 $131K
22 VANGUARD CAPITAL MANAGEMENT LLC 0.00% 1,217,976 $1.0M
23 SIMPLEX TRADING, LLC 0.00% 32,526 $27K
24 TWO SIGMA ADVISERS, LP 0.00% 10,300 $7K
25 OSAIC HOLDINGS, INC. 0.00% 8,625 $7K
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 — WEREWOLF THERAPEUTICS INC (HOWL)

What does the Smart Money Trend signal show for HOWL?

Selling streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds reduced or closed their HOWL 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 HOWL?

Heavy selling pressure — only 36% buying: Last quarter: 35 funds sold vs only 20 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for HOWL holders?

Smaller funds dominant — 1% AUM from top-100: 18 of 49 holders rank in the top 100 by AUM, but together hold only 1% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held HOWL?

57% of holders stayed for 2+ years: 28 out of 49 hedge funds have held HOWL 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.