Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Heritage Insurance Hldgs Inc (HRTG)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -12
Streak
1Q ▼
Buyers last Q
47%

Smart Money Signals — HRTG

Based on 187 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their HRTG 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 — 94% of 3.0Y peak

94% of all-time peak
187 funds currently hold this stock — 94% of the 3.0-year high of 199 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +40% more funds vs a year ago

fund count last 6Q
+53 new funds entered over the past year (+40% 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.
🟠

More sellers than buyers — 47% buying

94 buying106 selling
Last quarter: 106 funds reduced or exited vs 94 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 (-19 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 52 → 31 → 45 → 26. 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.
🔒

50% of holders stayed for 2+ years

■ 50% conviction (2yr+) ■ 27% medium ■ 24% new
93 out of 187 hedge funds have held HRTG 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 — ~26 new funds/quarter

28 → 52 → 31 → 45 → 26 new funds/Q
New funds entering each quarter: 52 → 31 → 45 → 26. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 57% veterans vs 31% newcomers

■ 57% veterans ■ 12% 1-2yr ■ 31% new
Entry-cohort mix of 191 holders: 109 (57%) are 2+ year veterans, 23 entered 1–2 years ago, and 59 (31%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 53% AUM from top-100 funds

53% from top-100 AUM funds
43 of 186 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in HRTG. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — 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 — HRTG

In 2026 Q1, 94 hedge funds were net buyers of HRTG (26 opened a new position, 68 added to an existing one), while 106 reduced or exited (68 trimmed, 38 sold completely) — a 47% buyer ratio, indicating roughly balanced activity. 53% of total institutional value in HRTG is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -12 funds (more exits than new entries). Total institutional holders: 187.

Hedge Fund Ownership: HRTG

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

Market Analysis: HRTG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HRTG

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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.

8 top-rated funds 0 high-conviction
Consensus
4.1
/ 10
breadth
×
Elite
1.2
/ 10
conviction
Hedge Fund Positioning: HRTG
182 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 182 188 -3.19%
13F Shares 19M 19M -0.04%
Total Value $495M $489M 1.35%
New Positions 35 26 +9
Increased Positions 69 67 +2
Closed Positions 40 37 +3
Reduced Positions 64 67 -3
Total Calls 4 4 -
Total Puts 2 1 100.0%
PUT/CALL Ratio 0.5 0.25 Bullish

Statistics: HRTG

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Valuation Measures Data as of: --

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Short Ratio (Days to Cover) --
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Financial Highlights

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Institutional Holders (2026 Q2)

182 + investors

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

QUARTER:
Top 25 HRTG holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Pacific Ridge Capital Partners, LLC 2.37% 500,463 $13.1M
2 Quartz Partners, LLC 1.61% 188,809 $4.9M
3 Instrumental Wealth, LLC 0.79% 60,060 $1.6M
4 Verdad Advisers, LP 0.71% 28,575 $745K
5 Annis Gardner Whiting Capital Advisors, LLC 0.56% 142,979 $3.7M
6 VARCOV Co. 0.22% 22,430 $585K
7 Fox Run Management, L.L.C. 0.16% 36,829 $960K
8 Bridgeway Capital Management, LLC 0.12% 259,973 $6.8M
9 Sound Capital Solutions LLC 0.11% 17,661 $461K
10 Sierra Summit Advisors LLC 0.11% 36,940 $963K
11 Dynamic Technology Lab Private Ltd 0.09% 15,711 $410K
12 Polymer Capital Management (US) LLC 0.09% 25,244 $658K
13 Navellier & Associates Inc 0.07% 32,574 $850K
14 Arkadios Wealth Advisors 0.06% 140,818 $3.7M
15 Cambria Investment Management, L.P. 0.05% 37,521 $979K
16 Segall Bryant & Hamill, LLC 0.05% 153,247 $4.0M
17 Y-Intercept (Hong Kong) Ltd 0.05% 88,471 $2.3M
18 Numerai GP LLC 0.04% 20,950 $546K
19 Drive Wealth Management, LLC 0.04% 8,011 $209K
20 Jacobs Levy Equity Management, Inc 0.03% 337,778 $8.8M
21 Trexquant Investment LP 0.03% 193,259 $5.0M
22 Connor, Clark & Lunn Investment Management Ltd. 0.03% 553,556 $14.4M
23 Algert Global LLC 0.03% 81,624 $2.1M
24 Norden Group LLC 0.02% 10,843 $283K
25 Empowered Funds, LLC 0.02% 162,183 $4.2M
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 — Heritage Insurance Hldgs Inc (HRTG)

What does the Smart Money Trend signal show for HRTG?

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

More sellers than buyers — 47% buying: Last quarter: 106 funds reduced or exited vs 94 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 HRTG holders?

Elite ownership — 53% AUM from top-100 funds: 43 of 186 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in HRTG. 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 HRTG?

50% of holders stayed for 2+ years: 93 out of 187 hedge funds have held HRTG 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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