Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Nextcure Inc (NXTC)

23 + 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
↓ -1
Streak
1Q ▼
Buyers last Q
44%

Smart Money Signals — NXTC

Based on 23 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their NXTC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🔻

Below peak — only 49% of 3.0Y high

49% of all-time peak
Only 23 funds hold NXTC today versus a peak of 47 funds at 2024 Q2 — just 49% 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.
📉

Outflows — 39% fewer funds vs a year ago

fund count last 6Q
15 fewer hedge funds hold NXTC compared to a year ago (-39% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 44% buying

8 buying10 selling
Last quarter: 10 funds reduced or exited vs 8 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~5 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 2 → 0 → 9 → 5. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 13% medium ■ 26% new
14 out of 23 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 +5%, value -22%

Value
-22%
Shares
+5%
Last quarter: funds added +5% more shares while total portfolio value only changed -22%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~5 new funds/quarter

0 → 2 → 0 → 9 → 5 new funds/Q
New funds entering each quarter: 2 → 0 → 9 → 5. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 70% veterans vs 17% newcomers

■ 70% veterans ■ 13% 1-2yr ■ 17% new
Entry-cohort mix of 23 holders: 16 (70%) are 2+ year veterans, 3 entered 1–2 years ago, and 4 (17%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 4% AUM from top-100

4% from top-100 AUM funds
8 of 23 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
1.4
out of 10
Low Exit Risk
Exit risk score 1.4/10 — 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 Q1, 8 hedge funds were net buyers of NXTC (5 opened a new position, 3 added to an existing one), while 10 reduced or exited (4 trimmed, 6 sold completely) — a 44% buyer ratio, indicating roughly balanced activity. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 23.

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

-- --

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.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
0.7
/ 10
conviction
Hedge Fund Positioning: NXTC
2026 Q2 Stats Unlock in 1 days 23 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 23 24 -4.17%
13F Shares 2M 2M 5.02%
Total Value $21M $27M -22.39%
New Positions 5 9 -4
Increased Positions 3 5 -2
Closed Positions 6 2 +4
Reduced Positions 4 3 +1
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)

23 + 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:
2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 NXTC holders by conviction (% of portfolio weight) — 2026 Q1 · 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?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their NXTC 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 NXTC?

More sellers than buyers — 44% buying: Last quarter: 10 funds reduced or exited vs 8 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for NXTC holders?

Smaller funds dominant — 4% AUM from top-100: 8 of 23 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held NXTC?

61% of holders stayed for 2+ years: 14 out of 23 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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