Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

SPROTT FDS TR (NIKL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +14
Streak
1Q ▲
Buyers last Q
94%

Smart Money Signals — NIKL

Based on 17 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added NIKL 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
17 hedge funds hold NIKL right now — the highest count in 2.5 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 — +325% more funds vs a year ago

fund count last 6Q
+13 new funds entered over the past year (+325% 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 buyers than sellers — 94% buying

16 buying1 selling
Last quarter: 16 funds were net buyers (15 opened a brand new position + 1 added to an existing one). Only 1 were sellers (0 trimmed + 1 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+14 vs last Q)

new funds entering per quarter
Funds opening a new NIKL position: 1 → 2 → 1 → 15. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 82% entered in last year

■ 0% conviction (2yr+) ■ 18% medium ■ 82% new
Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💰

Value +681% but shares only +560% — price-driven

Value
+680%
Shares
+560%
Last quarter: the total dollar value of institutional holdings rose +681%, but actual share count only changed +560%. 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.
📈

Growing discovery — still being found

1 → 1 → 2 → 1 → 15 new funds/Q
New funds entering each quarter: 1 → 2 → 1 → 15. A growing number of institutions are discovering NIKL each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🌱

Early stage — 82% of holders entered in last year

■ 6% veterans ■ 12% 1-2yr ■ 82% new
Of 17 current holders: 14 (82%) entered in the past year, only 1 (6%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
📋

Smaller funds dominant — 10% AUM from top-100

10% from top-100 AUM funds
3 of 17 holders rank in the top 100 by AUM, but together hold only 10% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
7.1
out of 10
High Exit Risk
Exit risk score 7.1/10 — multiple crowding signals converge. Institutional ownership is at 100% of its all-time high — near peak crowding. Crowded trades can unwind fast — a single catalyst can trigger a cascade.

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 — NIKL

In 2025 Q4, 16 hedge funds were net buyers of NIKL (15 opened a new position, 1 added to an existing one), while 1 reduced or exited (1 sold completely) — a 94% buyer ratio, indicating clear institutional accumulation. Net fund flow last quarter: +14 funds (more new holders than closures). Total institutional holders: 17.

Hedge Fund Ownership: NIKL

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

Market Analysis: NIKL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NIKL

-- --

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

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

4 top-rated funds 0 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: NIKL
2026 Q1 Stats Unlock in 4 days 17 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 17 3 466.67%
13F Shares 555K 84K 560.36%
Total Value $10M $1M 680.95%
New Positions 15 1 +14
Increased Positions 1 0 +1
Closed Positions 1 2 -1
Reduced Positions 0 2 -2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NIKL

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 Q1)

17 + investors

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

QUARTER:
Top 25 institutional holders of NIKL — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Extract Advisors LLC 0.98% 175,000 $2.8M
2 Militia Capital Management LLC 0.80% 220,800 $3.5M
3 Massar Capital Management, LP 0.28% 164,657 $2.6M
4 NWAM LLC 0.21% 232,255 $3.7M
5 NANO CAP NEW MILLENNIUM GROWTH FUND L P 0.07% 5,000 $80K
6 O'Brien Greene & Co. Inc 0.07% 14,693 $235K
7 MAINSTAY CAPITAL MANAGEMENT LLC /ADV 0.04% 35,685 $571K
8 Hancock Prospecting Pty Ltd 0.03% 70,000 $1.1M
9 TWO SIGMA SECURITIES, LLC 0.03% 14,651 $235K
10 SPROTT INC. 0.02% 45,615 $730K
11 Moors & Cabot, Inc. 0.01% 12,250 $196K
12 CENTRAL TRUST Co 0.01% 22,454 $359K
13 VALLEY NATIONAL ADVISERS INC 0.00% 1,716 —
14 AdvisorNet Financial, Inc 0.00% 3,065 $49K
15 Cetera Investment Advisers 0.00% 99,577 $1.6M
16 HRT FINANCIAL LP 0.00% 20,532 $328K
17 HIGHLINE WEALTH PARTNERS LLC 0.00% 200 $3K
18 BANK OF MONTREAL /CAN/ 0.00% 92,770 $1.5M
19 MML INVESTORS SERVICES, LLC 0.00% 10,532 $169K
20 Cambridge Investment Research Advisors, Inc. 0.00% 11,330 —
21 Root Financial Partners, LLC 0.00% 554 $9K
22 JANE STREET GROUP, LLC 0.00% 179,180 $2.9M
23 RAYMOND JAMES FINANCIAL INC 0.00% 55,030 $881K
24 CITADEL ADVISORS LLC 0.00% 29,781 $477K
25 ENVESTNET ASSET MANAGEMENT INC 0.00% 16,043 $257K
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 — SPROTT FDS TR (NIKL)

What does the Smart Money Trend signal show for NIKL?

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

More buyers than sellers — 94% buying: Last quarter: 16 funds were net buyers (15 opened a brand new position + 1 added to an existing one). Only 1 were sellers (0 trimmed + 1 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for NIKL holders?

Smaller funds dominant — 10% AUM from top-100: 3 of 17 holders rank in the top 100 by AUM, but together hold only 10% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held NIKL?

Mostly new holders — 82% entered in last year: Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

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.