Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Inovio Pharmaceuticals Inc (INO)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +8
Streak
1Q ▲
Buyers last Q
62%

Smart Money Signals — INO

Based on 106 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added INO 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 (98% of max)

98% of all-time peak
106 hedge funds hold INO 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.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding INO is almost the same as a year ago (+3 funds, +3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟢

More buyers than sellers — 62% buying

58 buying36 selling
Last quarter: 58 funds were net buyers (27 opened a brand new position + 31 added to an existing one). Only 36 were sellers (17 trimmed + 19 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+9 vs last Q)

new funds entering per quarter
Funds opening a new INO position: 25 → 18 → 18 → 27. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
📌

Mixed — 36% long-term, 30% new

■ 36% conviction (2yr+) ■ 34% medium ■ 30% new
Of the 106 current holders: 38 (36%) held >2 years, 36 held 1–2 years, and 32 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💎

Buying through price weakness — shares +16%, value -29%

Value
-28%
Shares
+15%
Last quarter: funds added +16% more shares while total portfolio value only changed -29%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~27 new funds/quarter

23 → 25 → 18 → 18 → 27 new funds/Q
New funds entering each quarter: 25 → 18 → 18 → 27. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 41% veterans vs 38% newcomers

■ 41% veterans ■ 21% 1-2yr ■ 38% new
Entry-cohort mix of 111 holders: 46 (41%) are 2+ year veterans, 23 entered 1–2 years ago, and 42 (38%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 45% AUM from top-100 funds

45% from top-100 AUM funds
22 of 102 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in INO. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — 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 — INO

In 2026 Q2, 58 hedge funds were net buyers of INO (27 opened a new position, 31 added to an existing one), while 36 reduced or exited (17 trimmed, 19 sold completely) — a 62% buyer ratio, indicating clear institutional accumulation. 45% of total institutional value in INO is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +8 funds (more new holders than closures). Total institutional holders: 106.

Hedge Fund Ownership: INO

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

Market Analysis: INO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: INO

-- --

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.

7 top-rated funds 0 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: INO
102 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 102 98 4.08%
13F Shares 37M 32M 15.84%
Total Value $39M $55M -28.93%
New Positions 27 18 +9
Increased Positions 29 21 +8
Closed Positions 19 20 -1
Reduced Positions 15 21 -6
Total Calls 7 5 40.0%
Total Puts 2 3 -33.33%
PUT/CALL Ratio 0.29 0.6 Bullish

Statistics: INO

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Financial Highlights

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Institutional Holders (2026 Q2)

102 + investors

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

QUARTER:
Top 25 INO holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Boxer Capital Management, LLC 0.24% 2,844,994 $3.1M
2 ADAR1 Capital Management, LLC 0.11% 2,143,910 $2.4M
3 Eversept Partners, LP 0.06% 1,035,360 $1.1M
4 Green Alpha Advisors, LLC 0.05% 68,055 $75K
5 Diadema Partners LP 0.04% 275,200 $303K
6 Gmt Capital Corp 0.01% 126,119 $139K
7 Headlands Technologies LLC 0.00% 29,889 $33K
8 Bridgeway Capital Management, LLC 0.00% 173,000 $190K
9 Caption Management, LLC 0.00% 478,950 $527K
10 Quadrature Capital Ltd 0.00% 258,928 $285K
11 Jupiter Topco LLC 0.00% 5,171,053 $5.7M
12 Caption Management, LLC 0.00% 400,000 $440K
13 Axq Capital, LP 0.00% 13,863 $15K
14 Two Sigma Securities, LLC 0.00% 15,958 $18K
15 Caitong International Asset Management Co., Ltd 0.00% 10,022 $11K
16 XTX Topco Ltd 0.00% 105,833 $116K
17 Mayflower Financial Advisors, LLC 0.00% 12,559 $14K
18 Two Sigma Investments, LP 0.00% 1,239,778 $1.4M
19 StoneX Group Inc. 0.00% 14,252 $18K
20 D. E. Shaw & Co., Inc. 0.00% 1,351,656 $1.5M
21 Renaissance Technologies LLC 0.00% 361,339 $397K
22 Engineers Gate Manager LP 0.00% 33,691 $37K
23 Tudor Investment Corp Et Al 0.00% 300,000 $330K
24 MCF Advisors LLC 0.00% 11,274 $12K
25 Fmr LLC 0.00% 8,454,797 $9.3M
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 — Inovio Pharmaceuticals Inc (INO)

What does the Smart Money Trend signal show for INO?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added INO 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 INO?

More buyers than sellers — 62% buying: Last quarter: 58 funds were net buyers (27 opened a brand new position + 31 added to an existing one). Only 36 were sellers (17 trimmed + 19 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for INO holders?

Elite ownership — 45% AUM from top-100 funds: 22 of 102 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in INO. 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 INO?

Mixed — 36% long-term, 30% new: Of the 106 current holders: 38 (36%) held >2 years, 36 held 1–2 years, and 32 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

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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