Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Nextcure Inc (NXTC)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +7
Streak
1Q ▲
Buyers last Q
66%

Smart Money Signals — NXTC

Based on 30 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 NXTC 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.
🔻

Below peak — only 64% of 3.0Y high

64% of all-time peak
Only 30 funds hold NXTC today versus a peak of 47 funds at 2024 Q2 — just 64% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding NXTC is almost the same as a year ago (+0 funds, +0% change). No significant rush to buy or sell — institutional backing is holding steady.
🟢

More buyers than sellers — 66% buying

21 buying11 selling
Last quarter: 21 funds were net buyers (14 opened a brand new position + 7 added to an existing one). Only 11 were sellers (4 trimmed + 7 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 NXTC position: 0 → 9 → 5 → 14. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

53% of holders stayed for 2+ years

■ 53% conviction (2yr+) ■ 17% medium ■ 30% new
16 out of 30 hedge funds have held NXTC 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.
💎

Buying through price weakness — shares -13%, value -87%

Value
-86%
Shares
-12%
Last quarter: funds added -13% more shares while total portfolio value only changed -87%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

2 → 0 → 9 → 5 → 14 new funds/Q
New funds entering each quarter: 0 → 9 → 5 → 14. A growing number of institutions are discovering NXTC each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 67% veterans vs 27% newcomers

■ 67% veterans ■ 7% 1-2yr ■ 27% new
Entry-cohort mix of 30 holders: 20 (67%) are 2+ year veterans, 2 entered 1–2 years ago, and 8 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 9% AUM from top-100

9% from top-100 AUM funds
9 of 30 holders rank in the top 100 by AUM, but together hold only 9% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
2.2
out of 10
Low Exit Risk
Exit risk score 2.2/10 — 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 — NXTC

In 2026 Q2, 21 hedge funds were net buyers of NXTC (14 opened a new position, 7 added to an existing one), while 11 reduced or exited (4 trimmed, 7 sold completely) — a 66% buyer ratio, indicating clear institutional accumulation. Net fund flow last quarter: +7 funds (more new holders than closures). Total institutional holders: 30.

Hedge Fund Ownership: NXTC

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

Market Analysis: NXTC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NXTC

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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.

4 top-rated funds 0 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: NXTC
30 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 30 23 30.43%
13F Shares 2M 2M -12.93%
Total Value $3M $21M -86.94%
New Positions 14 5 +9
Increased Positions 7 3 +4
Closed Positions 7 6 +1
Reduced Positions 4 4 -
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NXTC

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Financial Highlights

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Institutional Holders (2026 Q2)

30 + investors

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

QUARTER:
Top 25 NXTC holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Verdad Advisers, LP 0.09% 60,451 $97K
2 Ikarian Capital, LLC 0.05% 288,303 $461K
3 Pfizer Inc 0.04% 44,347 $73K
4 Squadron Capital Management LLC 0.03% 64,464 $103K
5 Sofinnova Investments, Inc. 0.02% 222,654 $356K
6 Affinity Asset Advisors, LLC 0.00% 41,960 $67K
7 Cardiff Park Advisors, LLC 0.00% 21,833 $35K
8 Boothbay Fund Management, LLC 0.00% 84,687 $135K
9 Diadema Partners LP 0.00% 7,742 $12K
10 Persistent Asset Partners Ltd 0.00% 1,981 $3K
11 Adage Capital Partners GP, L.L.C. 0.00% 277,202 $444K
12 Renaissance Technologies LLC 0.00% 171,202 $274K
13 Hrt Financial LP 0.00% 36,450 $58K
14 Tower Research Capital LLC (TRC) 0.00% 1,738 $3K
15 Millennium Management LLC 0.00% 88,112 $141K
16 Nomura Asset Management International INC. 0.00% 12,500 $20K
17 Vanguard Fiduciary Trust Co 0.00% 16,134 $26K
18 Vanguard Capital Management LLC 0.00% 156,842 $251K
19 Jane Street Group, LLC 0.00% 32,725 $52K
20 Barclays plc 0.00% 5,726 $9K
21 BlackRock, Inc. 0.00% 37,348 $60K
22 SBI Securities Co., Ltd. 0.00% 20 —
23 UBS Group AG 0.00% 594 —
24 Northwestern Mutual Wealth Management Co 0.00% 83 —
25 BNP Paribas Financial Markets 0.00% 32 —
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 — Nextcure Inc (NXTC)

What does the Smart Money Trend signal show for NXTC?

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

More buyers than sellers — 66% buying: Last quarter: 21 funds were net buyers (14 opened a brand new position + 7 added to an existing one). Only 11 were sellers (4 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for NXTC holders?

Smaller funds dominant — 9% AUM from top-100: 9 of 30 holders rank in the top 100 by AUM, but together hold only 9% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held NXTC?

53% of holders stayed for 2+ years: 16 out of 30 hedge funds have held NXTC 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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