Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

NACCO INDS INC (NC)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +5
Streak
6Q ▲
Buyers last Q
55%

Smart Money Signals — NC

Based on 90 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 6 quarters in a row

last 6Q
For 6 consecutive quarters, more hedge funds added NC 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 (100% of max)

100% of all-time peak
90 hedge funds hold NC 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.
🚀

Fast accumulation — +36% more funds vs a year ago

fund count last 6Q
+24 new funds entered over the past year (+36% 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.
🟡

Slight buying edge — 55% buying

41 buying33 selling
Last quarter: 41 funds bought or added vs 33 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 — ~14 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 9 → 5 → 16 → 14. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 13% medium ■ 23% new
57 out of 90 hedge funds have held NC 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.
📈

Growing discovery — still being found

8 → 9 → 5 → 16 → 14 new funds/Q
New funds entering each quarter: 9 → 5 → 16 → 14. A growing number of institutions are discovering NC each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 63% of holders stayed 2+ years

■ 63% veterans ■ 9% 1-2yr ■ 28% new
Of 90 current holders: 57 (63%) 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.
🏆

Elite ownership — 40% AUM from top-100 funds

40% from top-100 AUM funds
28 of 90 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in NC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.1
out of 10
Moderate Exit Risk
Exit risk score 4.1/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 — NC

In 2026 Q1, 41 hedge funds were net buyers of NC (14 opened a new position, 27 added to an existing one), while 33 reduced or exited (24 trimmed, 9 sold completely) — a 55% buyer ratio, indicating a slight buying edge. This marks 6 consecutive quarters of net institutional buying — a persistent conviction signal. 40% of total institutional value in NC is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +5 funds (more new holders than closures). Total institutional holders: 90.

Hedge Fund Ownership: NC

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

Market Analysis: NC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NC

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy NACCO INDS INC (NC) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NC has moved relative to its sector benchmark (XLE) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 65d ago
NC
-1.3%
XLE
-5.2%

NC outperformed XLE by +3.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 20d ago
NC
+2.7%
XLE
-2.3%

Since the filing became public, NC outperformed XLE by +5.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

13 top-rated funds 0 high-conviction
Consensus
5.0
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: NC
89 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 89 85 4.71%
13F Shares 2M 2M -0.85%
Total Value $109M $106M 3.33%
New Positions 13 16 -3
Increased Positions 27 25 +2
Closed Positions 9 5 +4
Reduced Positions 24 20 +4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NC

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

89 + investors

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

QUARTER:
Top 25 institutional holders of NC — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Mudita Advisors LLP 0.98% 92,520 $4.8M
2 Saber Capital Managment, LLC 0.80% 20,628 $1.1M
3 Curbstone Financial Management Corp 0.57% 57,542 $3.0M
4 Byrne Asset Management LLC 0.13% 4,167 $217K
5 PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C. 0.10% 20,094 $1.0M
6 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.08% 76,959 $4.0M
7 Ancora Advisors LLC 0.05% 47,559 $2.5M
8 Apeiron RIA LLC 0.05% 4,147 $216K
9 RBF Capital, LLC 0.05% 17,230 $895K
10 LOM Asset Management Ltd 0.01% 1,000 $52K
11 Empowered Funds, LLC 0.01% 42,797 $2.2M
12 RENAISSANCE TECHNOLOGIES LLC 0.01% 154,518 $8.0M
13 Kovack Advisors, Inc. 0.01% 4,326 $225K
14 JOHNSON INVESTMENT COUNSEL INC 0.00% 10,897 $566K
15 CWM, LLC 0.00% 33,327 $1.7M
16 EXCHANGE TRADED CONCEPTS, LLC 0.00% 7,840 $407K
17 ACADIAN ASSET MANAGEMENT LLC 0.00% 35,454 $2K
18 Connor, Clark & Lunn Investment Management Ltd. 0.00% 19,948 $1.0M
19 STRS OHIO 0.00% 10,300 $535K
20 EverSource Wealth Advisors, LLC 0.00% 522 $65K
21 TWO SIGMA ADVISERS, LP 0.00% 18,316 $898K
22 Abound Wealth Management 0.00% 142 $7K
23 LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% 7,354 $382K
24 PNC FINANCIAL SERVICES GROUP, INC. 0.00% 48,413 $2.5M
25 Russell Investments Group, Ltd. 0.00% 25,953 $1.3M
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 — NACCO INDS INC (NC)

What does the Smart Money Trend signal show for NC?

Buying streak — 6 quarters in a row: For 6 consecutive quarters, more hedge funds added NC 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 NC?

Slight buying edge — 55% buying: Last quarter: 41 funds bought or added vs 33 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 NC holders?

Elite ownership — 40% AUM from top-100 funds: 28 of 90 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in NC. 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 NC?

63% of holders stayed for 2+ years: 57 out of 90 hedge funds have held NC 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.

Is it too late to buy NACCO INDS INC (NC) following the 2026 Q1 hedge fund 13F filings?

As of today, NC has moved +2.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to -2.3% for the XLE sector ETF — an outperformance of +5.0%. Since the quarter end (March 31, 2026), NC has gained -1.3% vs -5.2% for XLE. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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