Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

HYPERLIQUID STRATEGIES INC (PURR)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +49
Streak
2Q ▲
Buyers last Q
80%

Smart Money Signals — PURR

Based on 85 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added PURR 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.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
85 hedge funds hold PURR right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +8400% more funds vs a year ago

fund count last 6Q
+84 new funds entered over the past year (+8400% 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.
🟢

More buyers than sellers — 80% buying

73 buying18 selling
Last quarter: 73 funds were net buyers (60 opened a brand new position + 13 added to an existing one). Only 18 were sellers (7 trimmed + 11 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+25 vs last Q)

new funds entering per quarter
Funds opening a new PURR position: 0 → 0 → 35 → 60. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 99% entered in last year

■ 0% conviction (2yr+) ■ 1% medium ■ 99% new
Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💎

Buying through price weakness — shares +25%, value -96%

Value
-95%
Shares
+24%
Last quarter: funds added +25% more shares while total portfolio value only changed -96%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~60 new funds/quarter

0 → 0 → 0 → 35 → 60 new funds/Q
New funds entering each quarter: 0 → 0 → 35 → 60. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱

Early stage — 100% of holders entered in last year

■ 0% veterans ■ 0% 1-2yr ■ 100% new
Of 89 current holders: 89 (100%) entered in the past year, only 0 (0%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
✅

Strong quality — 23% AUM from major funds

23% from top-100 AUM funds
21 of 85 holders rank in the top 100 by AUM, accounting for 23% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
7.5
out of 10
High Exit Risk
Exit risk score 7.5/10 — multiple crowding signals converge. Institutional ownership is at 100% of its all-time high — near peak crowding. Crowded trades can unwind fast — a single catalyst can trigger a cascade.

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 — PURR

In 2026 Q1, 73 hedge funds were net buyers of PURR (60 opened a new position, 13 added to an existing one), while 18 reduced or exited (7 trimmed, 11 sold completely) — a 80% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. 23% of total institutional value in PURR is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +49 funds (more new holders than closures). Total institutional holders: 85.

Hedge Fund Ownership: PURR

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

Market Analysis: PURR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PURR

-- --

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

Is It Too Late to Buy HYPERLIQUID STRATEGIES INC (PURR) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PURR has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 71d ago
PURR
+76.0%
XLF
+5.8%

PURR outperformed XLF by +70.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 26d ago
PURR
+27.6%
XLF
+2.2%

Since the filing became public, PURR outperformed XLF by +25.4% .

Interpretation: The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

9 top-rated funds 3 high-conviction
Consensus
4.3
/ 10
breadth
×
Elite
2.5
/ 10
conviction
Hedge Fund Positioning: PURR
85 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 85 36 136.11%
13F Shares 41M 33M 24.71%
Total Value $206M $4.67B -95.58%
New Positions 60 36 +24
Increased Positions 13 0 +13
Closed Positions 11 0 +11
Reduced Positions 5 0 +5
Total Calls 2 0 100%
Total Puts 2 0 100%
PUT/CALL Ratio 1.0 0.0 Neutral

Statistics: PURR

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

85 + investors

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

QUARTER:
Top 25 institutional holders of PURR — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Pantera Capital Partners LP 8.75% 2,712,928 $13.8M
2 Arrington Capital Management, LLC 6.39% 1,220,001 $6.2M
3 Paradigm Operations LP 3.05% 5,709,852 $29.1M
4 Militia Capital Management LLC 0.75% 652,902 $3.3M
5 Galaxy Digital Inc. 0.40% 899,951 $4.6M
6 D1 Capital Partners L.P. 0.36% 8,000,000 $40.7M
7 SLT Holdings LLC 0.34% 98,000 $499K
8 Kultura Capital Management LP 0.24% 305,300 $1.6M
9 683 Capital Management, LLC 0.23% 850,000 $4.3M
10 GM Advisory Group, LLC 0.16% 827,644 $4.2M
11 Diametric Capital, LP 0.13% 100,852 $513K
12 MAPLELANE CAPITAL, LLC 0.10% 575,000 $2.9M
13 Caitong International Asset Management Co., Ltd 0.08% 86,726 $441K
14 BlueCrest Capital Management Ltd 0.07% 225,449 $1.1M
15 Saba Capital Management, L.P. 0.07% 471,964 $2.4M
16 ARISTEIA CAPITAL, L.L.C. 0.03% 324,757 $1.7M
17 XTX Topco Ltd 0.03% 334,999 $1.7M
18 Virtu Financial LLC 0.03% 138,014 —
19 WINTON GROUP Ltd 0.02% 130,777 $666K
20 BIT Capital GmbH 0.02% 80,000 $407K
21 Key Client Fiduciary Advisors, LLC 0.02% 10,030 $51K
22 PEAK6 LLC 0.02% 1,399,134 $7.1M
23 Accurate Wealth Management, LLC 0.01% 20,018 $120K
24 Ikarian Capital, LLC 0.01% 30,001 $153K
25 PROFUND ADVISORS LLC 0.01% 57,877 $295K
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 — HYPERLIQUID STRATEGIES INC (PURR)

What does the Smart Money Trend signal show for PURR?

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

More buyers than sellers — 80% buying: Last quarter: 73 funds were net buyers (60 opened a brand new position + 13 added to an existing one). Only 18 were sellers (7 trimmed + 11 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for PURR holders?

Strong quality — 23% AUM from major funds: 21 of 85 holders rank in the top 100 by AUM, accounting for 23% 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 PURR?

Mostly new holders — 99% entered in last year: Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy HYPERLIQUID STRATEGIES INC (PURR) following the 2026 Q1 hedge fund 13F filings?

As of today, PURR has moved +27.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.2% for the XLF sector ETF — an outperformance of +25.4%. Since the quarter end (March 31, 2026), PURR has gained +76.0% vs +5.8% for XLF. The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors.

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.

Full history →