Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

I3 Verticals Inc (IIIV)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -10
Streak
3Q ▼
Buyers last Q
41%

Smart Money Signals — IIIV

Based on 133 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds reduced or closed their IIIV 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 — 80% of 3.0Y peak

80% of all-time peak
133 funds currently hold this stock — 80% of the 3.0-year high of 167 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 12% fewer funds vs a year ago

fund count last 6Q
19 fewer hedge funds hold IIIV compared to a year ago (-12% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 41% buying

60 buying88 selling
Last quarter: 88 funds reduced or exited vs 60 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 — ~21 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 35 → 15 → 22 → 21. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

53% of holders stayed for 2+ years

■ 53% conviction (2yr+) ■ 33% medium ■ 14% new
71 out of 133 hedge funds have held IIIV 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 — ~21 new funds/quarter

27 → 35 → 15 → 22 → 21 new funds/Q
New funds entering each quarter: 35 → 15 → 22 → 21. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 59% veterans vs 19% newcomers

■ 59% veterans ■ 22% 1-2yr ■ 19% new
Entry-cohort mix of 133 holders: 79 (59%) are 2+ year veterans, 29 entered 1–2 years ago, and 25 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 35% AUM from major funds

35% from top-100 AUM funds
37 of 133 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.8
out of 10
Low Exit Risk
Exit risk score 2.8/10 — 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 — IIIV

In 2026 Q2, 60 hedge funds were net buyers of IIIV (21 opened a new position, 39 added to an existing one), while 88 reduced or exited (57 trimmed, 31 sold completely) — a 41% buyer ratio, indicating roughly balanced activity. This extends a 3-quarter selling streak, suggesting sustained institutional caution. 35% of total institutional value in IIIV is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -10 funds (more exits than new entries). Total institutional holders: 133.

Hedge Fund Ownership: IIIV

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

Market Analysis: IIIV

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: IIIV

-- --

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.

9 top-rated funds 0 high-conviction
Consensus
4.3
/ 10
breadth
×
Elite
1.2
/ 10
conviction
Hedge Fund Positioning: IIIV
132 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 132 143 -7.69%
13F Shares 22M 25M -12.68%
Total Value $448M $524M -14.42%
New Positions 21 22 -1
Increased Positions 38 48 -10
Closed Positions 32 31 +1
Reduced Positions 57 51 +6
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: IIIV

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

132 + investors

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

QUARTER:
Top 25 IIIV holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Forager Capital Management, LLC 6.94% 864,574 $18.5M
2 Long Path Partners LP 1.96% 215,319 $4.6M
3 Crosslink Capital Inc 1.76% 1,117,986 $23.9M
4 AltraVue Capital, LLC 1.72% 1,120,046 $23.9M
5 Punch & Associates Investment Management, INC. 1.16% 1,099,486 $23.5M
6 Heartland Advisors Inc 0.92% 965,250 $20.6M
7 North Reef Capital Management LP 0.88% 1,075,000 $23.0M
8 12th Street Asset Management Company, LLC 0.68% 223,881 $4.8M
9 Geneva Capital Management LLC 0.58% 1,190,152 $25.4M
10 Legato Capital Management LLC 0.44% 247,394 $5.3M
11 Teton Advisors, LLC 0.37% 30,000 $641K
12 Kings Path Partners LLC 0.24% 20,275 $658K
13 ArrowMark Colorado Holdings LLC 0.12% 139,590 $3.0M
14 Nicholas Company, INC. 0.11% 293,717 $6.3M
15 Royce & Associates LP 0.11% 651,201 $13.9M
16 Confluence Investment Management LLC 0.08% 230,530 $4.9M
17 Harbor Asset Planning, Inc. 0.06% 4,000 $85K
18 Cullen Investment Group, LTD. 0.06% 22,031 $471K
19 Wasatch Advisors LP 0.05% 377,435 $8.1M
20 Kennedy Capital Management LLC 0.05% 135,634 $2.9M
21 Dynamic Technology Lab Private Ltd 0.05% 9,598 $205K
22 Atom Investors LP 0.04% 22,910 $489K
23 Mcmorgan & Co LLC 0.04% 12,151 $260K
24 Equitable Trust Co 0.03% 32,386 $692K
25 State of Wyoming 0.03% 12,214 $261K
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 — I3 Verticals Inc (IIIV)

What does the Smart Money Trend signal show for IIIV?

Selling streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds reduced or closed their IIIV 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 IIIV?

More sellers than buyers — 41% buying: Last quarter: 88 funds reduced or exited vs 60 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 IIIV holders?

Strong quality — 35% AUM from major funds: 37 of 133 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held IIIV?

53% of holders stayed for 2+ years: 71 out of 133 hedge funds have held IIIV 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.

Full history →