Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Par Technology Corp (PAR)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +2
Streak
1Q ▲
Buyers last Q
55%

Smart Money Signals — PAR

Based on 207 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 PAR 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 — 87% of 3.0Y peak

87% of all-time peak
207 funds currently hold this stock — 87% of the 3.0-year high of 239 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 11% fewer funds vs a year ago

fund count last 6Q
26 fewer hedge funds hold PAR compared to a year ago (-11% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 55% buying

127 buying104 selling
Last quarter: 127 funds bought or added vs 104 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.
⚠️

Fewer new buyers each quarter (-12 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 42 → 37 → 55 → 43. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

53% of holders stayed for 2+ years

■ 53% conviction (2yr+) ■ 21% medium ■ 26% new
110 out of 207 hedge funds have held PAR 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.
💰

Price up while funds trimmed (+35% value, -1% shares)

Value
+35%
Shares
-1%
Last quarter: total value of institutional PAR holdings rose +35% even though funds reduced share count by 1%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
📈

Growing discovery — still being found

31 → 42 → 37 → 55 → 43 new funds/Q
New funds entering each quarter: 42 → 37 → 55 → 43. A growing number of institutions are discovering PAR each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 64% veterans vs 24% newcomers

■ 64% veterans ■ 12% 1-2yr ■ 24% new
Entry-cohort mix of 221 holders: 141 (64%) are 2+ year veterans, 27 entered 1–2 years ago, and 53 (24%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 36% AUM from major funds

36% from top-100 AUM funds
41 of 202 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.0
out of 10
Low Exit Risk
Exit risk score 3.0/10 — 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 — PAR

In 2026 Q2, 127 hedge funds were net buyers of PAR (43 opened a new position, 84 added to an existing one), while 104 reduced or exited (63 trimmed, 41 sold completely) — a 55% buyer ratio, indicating a slight buying edge. 36% of total institutional value in PAR is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 207.

Hedge Fund Ownership: PAR

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

Market Analysis: PAR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PAR

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

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

8 top-rated funds 2 high-conviction
Consensus
4.1
/ 10
breadth
×
Elite
2.7
/ 10
conviction
Hedge Fund Positioning: PAR
201 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 201 205 -1.95%
13F Shares 51M 53M -2.87%
Total Value $854M $668M 27.75%
New Positions 43 55 -12
Increased Positions 81 74 +7
Closed Positions 42 57 -15
Reduced Positions 57 49 +8
Total Calls 10 12 -16.67%
Total Puts 9 11 -18.18%
PUT/CALL Ratio 0.9 0.92 Neutral

Statistics: PAR

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Total Cash (mrq) --
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Institutional Holders (2026 Q2)

201 + investors

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

QUARTER:
Top 25 PAR holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Brooktree Capital Management 9.94% 873,990 $15.2M
2 Greenhaven Road Investment Management, L.P. 9.25% 817,888 $14.2M
3 Buckley Capital Advisors, LLC 5.55% 514,659 $9.0M
4 Newtyn Management, LLC 5.26% 2,418,754 $42.1M
5 Samjo Management, LLC 4.85% 816,505 $14.2M
6 Voss Capital, LP 4.79% 5,925,000 $103.2M
7 Bandera Partners LLC 4.29% 700,000 $12.2M
8 ADW Capital Management, LLC 2.27% 609,429 $10.6M
9 Wittenberg Investment Management, INC. 2.19% 366,945 $6.4M
10 AYAL Capital Advisors Ltd 2.12% 450,000 $7.8M
11 Progeny 3, Inc. 1.91% 2,124,058 $37.0M
12 PenderFund Capital Management Ltd. 1.81% 812,462 $14.2M
13 ABS Direct Equity Fund LLC 1.64% 150,000 $2.6M
14 ABS Investment Management LLC 1.64% 150,000 $2.6M
15 Walleye Partners, LLC 1.44% 72,624 $1.3M
16 Redmond Asset Management, LLC 1.44% 331,581 $5.8M
17 Penbrook Management LLC 0.60% 53,760 $936K
18 Manatuck Hill Partners, LLC 0.45% 77,400 $1.3M
19 Palogic Value Management, L.P. 0.40% 69,109 $1.2M
20 Rice Hall James & Associates, LLC 0.32% 378,930 $6.6M
21 Silverback Asset Management LLC 0.28% 150,000 $2.6M
22 Marathon Capital Management 0.28% 80,025 $1.4M
23 Visionary Wealth Advisors 0.27% 392,907 $6.8M
24 Bayforest Capital Ltd 0.25% 15,711 $274K
25 Rock Creek Group LLC 0.22% 125,000 $2.2M
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 — Par Technology Corp (PAR)

What does the Smart Money Trend signal show for PAR?

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

Slight buying edge — 55% buying: Last quarter: 127 funds bought or added vs 104 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 PAR holders?

Strong quality — 36% AUM from major funds: 41 of 202 holders rank in the top 100 by AUM, accounting for 36% 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 PAR?

53% of holders stayed for 2+ years: 110 out of 207 hedge funds have held PAR 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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