Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

NAVIOS MARITIME PARTNERS LP COM UNIT LPI (NMM)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +6
Streak
2Q ▲
Buyers last Q
58%

Smart Money Signals — NMM

Based on 70 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added NMM 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.
📊

High ownership — 84% of 3.0Y peak

84% of all-time peak
70 funds currently hold this stock — 84% of the 3.0-year high of 83 funds (reached 2024 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding NMM is almost the same as a year ago (-2 funds, -3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 58% buying

38 buying27 selling
Last quarter: 38 funds bought or added vs 27 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 — ~15 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 3 → 11 → 12 → 15. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

51% of holders stayed for 2+ years

■ 51% conviction (2yr+) ■ 24% medium ■ 24% new
36 out of 70 hedge funds have held NMM 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 +20% but shares only +3% — price-driven

Value
+19%
Shares
+3%
Last quarter: the total dollar value of institutional holdings rose +20%, but actual share count only changed +3%. 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

11 → 3 → 11 → 12 → 15 new funds/Q
New funds entering each quarter: 3 → 11 → 12 → 15. A growing number of institutions are discovering NMM each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 59% of holders stayed 2+ years

■ 59% veterans ■ 21% 1-2yr ■ 20% new
Of 81 current holders: 48 (59%) 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.
📋

Smaller funds dominant — 12% AUM from top-100

12% from top-100 AUM funds
9 of 70 holders rank in the top 100 by AUM, but together hold only 12% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
2.9
out of 10
Low Exit Risk
Exit risk score 2.9/10 — 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 — NMM

In 2025 Q4, 38 hedge funds were net buyers of NMM (15 opened a new position, 23 added to an existing one), while 27 reduced or exited (18 trimmed, 9 sold completely) — a 58% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. Net fund flow last quarter: +6 funds (more new holders than closures). Total institutional holders: 70.

Hedge Fund Ownership: NMM

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

Market Analysis: NMM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NMM

-- --

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.

13 top-rated funds 5 high-conviction
Consensus
5.0
/ 10
breadth
×
Elite
3.6
/ 10
conviction
Hedge Fund Positioning: NMM
2026 Q1 Stats Unlock in 4 days 81 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 81 72 12.5%
13F Shares 10M 10M 3.0%
Total Value $521M $435M 19.87%
New Positions 17 12 +5
Increased Positions 27 44 -17
Closed Positions 9 7 +2
Reduced Positions 36 22 +14
Total Calls 6 5 20.0%
Total Puts 5 3 66.67%
PUT/CALL Ratio 0.83 0.6 Neutral

Statistics: NMM

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Institutional Holders (2026 Q1)

81 + investors

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

QUARTER:
Top 25 institutional holders of NMM — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Pilgrim Global Advisors LLC 40.53% 4,639,379 $313.1M
2 ARMOR ADVISORS, L.L.C. 4.57% 201,776 $13.6M
3 ION Fund Management Ltd 4.12% 430,944 $29.1M
4 Merrion Investment Management Co, LLC 3.17% 87,465 $5.9M
5 GRATIA CAPITAL, LLC 3.03% 101,856 $6.9M
6 Marnell Management LLC 1.35% 57,682 $3.9M
7 Live Oak Investment Partners 1.17% 29,431 $2.0M
8 Arbiter Partners Capital Management LLC 0.96% 24,800 $1.7M
9 Mraz, Amerine & Associates, Inc. 0.43% 43,021 $2.9M
10 Westhampton Capital, LLC 0.24% 7,656 $517K
11 Moors & Cabot, Inc. 0.17% 58,233 $3.9M
12 POWER WEALTH MANAGEMENT LLC 0.10% 3,800 $256K
13 BUCKHEAD CAPITAL MANAGEMENT LLC 0.09% 3,668 $248K
14 ING GROEP NV 0.07% 161,500 $10.9M
15 Aristides Capital LLC 0.06% 3,877 $262K
16 HARVEY CAPITAL MANAGEMENT INC 0.05% 3,000 $202K
17 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.05% 18,006 $1.2M
18 Counterpoint Mutual Funds LLC 0.04% 4,395 $297K
19 Walleye Capital LLC 0.04% 149,527 $10.1M
20 NATIXIS 0.04% 154,215 $10.4M
21 State of Wyoming 0.04% 4,637 $313K
22 XTX Topco Ltd 0.04% 31,526 $2.1M
23 IEQ CAPITAL, LLC 0.03% 91,347 $6.2M
24 Jump Financial, LLC 0.03% 30,349 $2.0M
25 Pekin Hardy Strauss, Inc. 0.02% 3,000 $202K
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 — NAVIOS MARITIME PARTNERS LP COM UNIT LPI (NMM)

What does the Smart Money Trend signal show for NMM?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added NMM 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 NMM?

Slight buying edge — 58% buying: Last quarter: 38 funds bought or added vs 27 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 NMM holders?

Smaller funds dominant — 12% AUM from top-100: 9 of 70 holders rank in the top 100 by AUM, but together hold only 12% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held NMM?

51% of holders stayed for 2+ years: 36 out of 70 hedge funds have held NMM 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.