Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Orion Properties Inc (ONL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +8
Streak
2Q ▲
Buyers last Q
50%

Smart Money Signals — ONL

Based on 196 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added ONL 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 — 81% of 3.0Y peak

81% of all-time peak
196 funds currently hold this stock — 81% of the 3.0-year high of 242 funds (reached 2023 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 4% fewer funds vs a year ago

fund count last 6Q
8 fewer hedge funds hold ONL compared to a year ago (-4% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 50% buying

79 buying80 selling
Last quarter: 79 funds bought or added vs 80 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.
📈

More new buyers each quarter (+15 vs last Q)

new funds entering per quarter
Funds opening a new ONL position: 28 → 24 → 28 → 43. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 18% medium ■ 21% new
119 out of 196 hedge funds have held ONL 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 +47% but shares only +8% — price-driven

Value
+47%
Shares
+8%
Last quarter: the total dollar value of institutional holdings rose +47%, but actual share count only changed +8%. 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

45 → 28 → 24 → 28 → 43 new funds/Q
New funds entering each quarter: 28 → 24 → 28 → 43. A growing number of institutions are discovering ONL each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 65% veterans vs 24% newcomers

■ 65% veterans ■ 11% 1-2yr ■ 24% new
Entry-cohort mix of 197 holders: 129 (65%) are 2+ year veterans, 21 entered 1–2 years ago, and 47 (24%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 38% AUM from major funds

38% from top-100 AUM funds
37 of 195 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.6
out of 10
Low Exit Risk
Exit risk score 2.6/10 — 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 — ONL

In 2026 Q2, 79 hedge funds were net buyers of ONL (43 opened a new position, 36 added to an existing one), while 80 reduced or exited (45 trimmed, 35 sold completely) — a 50% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 38% of total institutional value in ONL is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +8 funds (more new holders than closures). Total institutional holders: 196.

Hedge Fund Ownership: ONL

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

Market Analysis: ONL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ONL

-- --

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.

12 top-rated funds 0 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
0.5
/ 10
conviction
Hedge Fund Positioning: ONL
194 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 194 188 3.19%
13F Shares 28M 26M 8.14%
Total Value $75M $51M 47.3%
New Positions 42 28 +14
Increased Positions 36 34 +2
Closed Positions 35 27 +8
Reduced Positions 45 51 -6
Total Calls 1 1 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: ONL

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Valuation Measures Data as of: --

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

194 + investors

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

QUARTER:
Top 25 ONL holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Rangeley Capital, LLC 1.53% 578,567 $1.7M
2 Private Management Group Inc 0.41% 5,357,303 $15.5M
3 Samalin Investment Counsel, LLC 0.13% 143,239 $414K
4 RBF Capital, LLC 0.12% 1,000,000 $2.9M
5 J. Goldman & Co LP 0.10% 1,385,479 $4.0M
6 Cambria Investment Management, L.P. 0.05% 324,418 $938K
7 Aster Capital Management (DIFC) Ltd 0.03% 62,092 $132K
8 Beartown Capital Management, LLC 0.02% 12,899 $37K
9 SmartHarvest Portfolios, LLC 0.01% 15,632 $45K
10 Axq Capital, LP 0.01% 41,736 $121K
11 Quinn Opportunity Partners LLC 0.01% 90,768 $262K
12 Bfsg, LLC 0.01% 31,283 $90K
13 Renaissance Technologies LLC 0.01% 1,865,800 $5.4M
14 Meeder Asset Management Inc 0.01% 39,876 $115K
15 Engineers Gate Manager LP 0.00% 72,711 $210K
16 Marshall Wace, LLP 0.00% 768,187 $2.2M
17 Two Sigma Investments, LP 0.00% 708,069 $2.0M
18 XTX Topco Ltd 0.00% 27,084 $78K
19 Jacobs Levy Equity Management, Inc 0.00% 62,914 $182K
20 Asset Management One Co., Ltd. 0.00% 81,329 $235K
21 Nomura Asset Management Co Ltd 0.00% 92,200 $266K
22 Lazard Asset Management LLC 0.00% 112,361 $325K
23 OMERS ADMINISTRATION Corp 0.00% 27,200 $79K
24 D. E. Shaw & Co., Inc. 0.00% 273,373 $790K
25 Ameritas Investment Partners, Inc. 0.00% 4,878 $14K
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 — Orion Properties Inc (ONL)

What does the Smart Money Trend signal show for ONL?

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

Slight buying edge — 50% buying: Last quarter: 79 funds bought or added vs 80 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 ONL holders?

Strong quality — 38% AUM from major funds: 37 of 195 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held ONL?

61% of holders stayed for 2+ years: 119 out of 196 hedge funds have held ONL 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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