Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Happen Inc (LC)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -8
Streak
2Q ▼
Buyers last Q
53%

Smart Money Signals — LC

Based on 241 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their LC 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 — 93% of 3.0Y peak

93% of all-time peak
241 funds currently hold this stock — 93% of the 3.0-year high of 258 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +7% more funds vs a year ago

fund count last 6Q
+16 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 53% buying

135 buying121 selling
Last quarter: 135 funds bought or added vs 121 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.
➡️

Steady new buyers — ~40 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 53 → 49 → 44 → 40. 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+) ■ 20% medium ■ 23% new
137 out of 241 hedge funds have held LC 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.
💰

Value +44% but shares only +1% — price-driven

Value
+44%
Shares
+1%
Last quarter: the total dollar value of institutional holdings rose +44%, but actual share count only changed +1%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📊

Peak discovery — momentum slowing

26 → 53 → 49 → 44 → 40 new funds/Q
New funds entering each quarter: 53 → 49 → 44 → 40. LC is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 61% veterans vs 25% newcomers

■ 61% veterans ■ 13% 1-2yr ■ 25% new
Entry-cohort mix of 251 holders: 154 (61%) are 2+ year veterans, 33 entered 1–2 years ago, and 64 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 58% AUM from top-100 funds

58% from top-100 AUM funds
51 of 239 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in LC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — 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 — LC

In 2026 Q2, 135 hedge funds were net buyers of LC (40 opened a new position, 95 added to an existing one), while 121 reduced or exited (73 trimmed, 48 sold completely) — a 53% buyer ratio, indicating a slight buying edge. Net selling has persisted for two consecutive quarters. 58% of total institutional value in LC is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -8 funds (more exits than new entries). Total institutional holders: 241.

Hedge Fund Ownership: LC

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

Market Analysis: LC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: LC

-- --

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.

12 top-rated funds 1 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
1.6
/ 10
conviction
Hedge Fund Positioning: LC
238 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 238 249 -4.42%
13F Shares 105M 104M 1.04%
Total Value $2.07B $1.43B 44.31%
New Positions 40 44 -4
Increased Positions 91 81 +10
Closed Positions 49 53 -4
Reduced Positions 71 93 -22
Total Calls 5 9 -44.44%
Total Puts 7 6 16.67%
PUT/CALL Ratio 1.4 0.67 Bearish

Statistics: LC

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Institutional Holders (2026 Q2)

238 + investors

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

QUARTER:
Top 25 LC holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Cander Asset Management LP 2.54% 660,851 $13.7M
2 Senvest Management, LLC 2.04% 3,346,293 $69.4M
3 Cramer Rosenthal Mcglynn LLC 1.24% 1,182,086 $24.5M
4 Long Focus Capital Management, LLC 0.88% 1,665,849 $34.5M
5 Creek Drive Management Group LLC 0.76% 75,250 $1.6M
6 Nicholas Investment Partners, LP 0.73% 624,366 $12.9M
7 Emerald Mutual Fund Advisers Trust 0.63% 871,131 $18.1M
8 Emerald Advisers, LLC 0.58% 1,193,757 $24.8M
9 Maltin Wealth Management, Inc. 0.54% 78,279 $1.6M
10 Pvg Asset Management Corp 0.50% 42,137 $874K
11 DecisionPoint Financial, LLC 0.39% 102,574 $2.1M
12 Wakefield Asset Management LLLP 0.36% 76,740 $1.6M
13 Dana Investment Advisors, Inc. 0.34% 635,985 $13.2M
14 Polymer Capital Management (US) LLC 0.30% 108,213 $2.2M
15 Ruffer LLP 0.22% 298,095 $6.2M
16 Landscape Capital Management, L.L.C. 0.21% 153,837 $3.2M
17 Edgestream Partners, L.P. 0.20% 322,115 $6.7M
18 Driehaus Capital Management LLC 0.19% 1,601,909 $33.2M
19 Knights of Columbus Asset Advisors LLC 0.18% 172,720 $3.6M
20 Legato Capital Management LLC 0.18% 103,058 $2.1M
21 Round Rock Advisors LLC 0.18% 65,554 $1.4M
22 Westfield Capital Management Co LP 0.17% 2,500,134 $51.9M
23 Algert Global LLC 0.16% 650,090 $13.5M
24 Quinn Opportunity Partners LLC 0.15% 151,523 $3.1M
25 Moore Capital Management, LP 0.13% 418,800 $8.7M
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 — Happen Inc (LC)

What does the Smart Money Trend signal show for LC?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their LC 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 LC?

Slight buying edge — 53% buying: Last quarter: 135 funds bought or added vs 121 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 LC holders?

Elite ownership — 58% AUM from top-100 funds: 51 of 239 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in LC. 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 LC?

57% of holders stayed for 2+ years: 137 out of 241 hedge funds have held LC 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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