Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Phunware Inc (PHUN)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +4
Streak
1Q ▲
Buyers last Q
63%

Smart Money Signals — PHUN

Based on 34 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 PHUN 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 — 94% of 2.5Y peak

94% of all-time peak
34 funds currently hold this stock — 94% of the 2.5-year high of 36 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +26% more funds vs a year ago

fund count last 6Q
+7 new funds entered over the past year (+26% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks. The peak was reached in just 2 quarters from the low — a sharp move.
🟢

More buyers than sellers — 63% buying

17 buying10 selling
Last quarter: 17 funds were net buyers (7 opened a brand new position + 10 added to an existing one). Only 10 were sellers (7 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~7 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 12 → 7 → 6 → 7. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌

Mixed — 32% long-term, 29% new

■ 32% conviction (2yr+) ■ 38% medium ■ 29% new
Of the 34 current holders: 11 (32%) held >2 years, 13 held 1–2 years, and 10 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💰

Value +23% but shares only +6% — price-driven

Value
+22%
Shares
+6%
Last quarter: the total dollar value of institutional holdings rose +23%, but actual share count only changed +6%. 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.
📊

Peak discovery — momentum slowing

4 → 12 → 7 → 6 → 7 new funds/Q
New funds entering each quarter: 12 → 7 → 6 → 7. PHUN is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
📊

Mixed cohorts — 34% veterans, 34% new entrants

■ 34% veterans ■ 31% 1-2yr ■ 34% new
Of 35 current holders: 12 (34%) held 2+ years, 11 held 1–2 years, 12 (34%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆

Elite ownership — 57% AUM from top-100 funds

57% from top-100 AUM funds
12 of 33 holders are among the 100 largest funds by AUM, controlling 57% of total institutional value in PHUN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — 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 — PHUN

In 2026 Q2, 17 hedge funds were net buyers of PHUN (7 opened a new position, 10 added to an existing one), while 10 reduced or exited (7 trimmed, 3 sold completely) — a 63% buyer ratio, indicating clear institutional accumulation. 57% of total institutional value in PHUN is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +4 funds (more new holders than closures). Total institutional holders: 34.

Hedge Fund Ownership: PHUN

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

Market Analysis: PHUN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PHUN

-- --

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
0.0
/ 10
conviction
Hedge Fund Positioning: PHUN
33 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 33 30 10.0%
13F Shares 3M 3M 6.1%
Total Value $7M $6M 22.68%
New Positions 7 6 +1
Increased Positions 11 8 +3
Closed Positions 3 10 -7
Reduced Positions 6 6 -
Total Calls 2 2 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PHUN

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Financial Highlights

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Institutional Holders (2026 Q2)

33 + investors

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

QUARTER:
Top 25 PHUN holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Bridgeway Capital Management, LLC 0.00% 110,996 $228K
2 XTX Topco Ltd 0.00% 52,188 $107K
3 Centiva Capital, LP 0.00% 37,430 $77K
4 Panagora Asset Management Inc 0.00% 42,271 $87K
5 UBS Group AG 0.00% 730,630 $1.5M
6 Hrt Financial LP 0.00% 26,006 $53K
7 Vanguard Fiduciary Trust Co 0.00% 120,547 $247K
8 Vanguard Capital Management LLC 0.00% 895,637 $1.8M
9 Golden State Wealth Management, LLC 0.00% 200 —
10 Susquehanna International Group, LLP 0.00% 228,700 $469K
11 SBI Securities Co., Ltd. 0.00% 404 —
12 BlackRock, Inc. 0.00% 580,395 $1.2M
13 Vision Retirement, LLC 0.00% 30 —
14 Citadel Advisors LLC 0.00% 56,850 $117K
15 Jane Street Group, LLC 0.00% 50,900 $104K
16 Jane Street Group, LLC 0.00% 48,713 $100K
17 IMC-Chicago, LLC 0.00% 11,322 $23K
18 Caitong International Asset Management Co., Ltd 0.00% 15 —
19 Federation des caisses Desjardins du Quebec 0.00% 500 $1K
20 Harbour Investments, INC. 0.00% 35 —
21 Citigroup Inc 0.00% 1,354 $3K
22 Jpmorgan Chase & Co 0.00% 4,633 $9K
23 Osaic Holdings, INC. 0.00% 172 —
24 Inspire Investing, LLC 0.00% 3 —
25 Bogart Wealth, LLC 0.00% 2 —
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 — Phunware Inc (PHUN)

What does the Smart Money Trend signal show for PHUN?

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

More buyers than sellers — 63% buying: Last quarter: 17 funds were net buyers (7 opened a brand new position + 10 added to an existing one). Only 10 were sellers (7 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for PHUN holders?

Elite ownership — 57% AUM from top-100 funds: 12 of 33 holders are among the 100 largest funds by AUM, controlling 57% of total institutional value in PHUN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held PHUN?

Mixed — 32% long-term, 29% new: Of the 34 current holders: 11 (32%) held >2 years, 13 held 1–2 years, and 10 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

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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