Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Cartesian Therapeutics Inc (RNAC)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +13
Streak
3Q ▲
Buyers last Q
72%

Smart Money Signals — RNAC

Based on 95 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added RNAC 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
95 hedge funds hold RNAC 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 — +46% more funds vs a year ago

fund count last 6Q
+30 new funds entered over the past year (+46% 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 — 72% buying

70 buying27 selling
Last quarter: 70 funds were net buyers (28 opened a brand new position + 42 added to an existing one). Only 27 were sellers (12 trimmed + 15 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~28 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 5 → 18 → 27 → 28. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌

Mixed — 28% long-term, 43% new

■ 28% conviction (2yr+) ■ 28% medium ■ 43% new
Of the 95 current holders: 27 (28%) held >2 years, 27 held 1–2 years, and 41 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 +107% but shares only +23% — price-driven

Value
+106%
Shares
+22%
Last quarter: the total dollar value of institutional holdings rose +107%, but actual share count only changed +23%. 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.
🚀

Acceleration phase — new buyers rushing in

7 → 5 → 18 → 27 → 28 new funds/Q
New funds entering each quarter: 5 → 18 → 27 → 28. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
📊

Mixed cohorts — 7% veterans, 46% new entrants

■ 7% veterans ■ 47% 1-2yr ■ 46% new
Of 98 current holders: 7 (7%) held 2+ years, 46 held 1–2 years, 45 (46%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆

Elite ownership — 41% AUM from top-100 funds

41% from top-100 AUM funds
30 of 94 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in RNAC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.7
out of 10
Moderate Exit Risk
Exit risk score 4.7/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 — RNAC

In 2026 Q2, 70 hedge funds were net buyers of RNAC (28 opened a new position, 42 added to an existing one), while 27 reduced or exited (12 trimmed, 15 sold completely) — a 72% buyer ratio, indicating clear institutional accumulation. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 41% of total institutional value in RNAC is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +13 funds (more new holders than closures). Total institutional holders: 95.

Hedge Fund Ownership: RNAC

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

Market Analysis: RNAC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: RNAC

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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.

10 top-rated funds 0 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: RNAC
93 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 93 82 13.41%
13F Shares 9M 7M 22.54%
Total Value $91M $44M 106.58%
New Positions 28 27 +1
Increased Positions 41 28 +13
Closed Positions 16 14 +2
Reduced Positions 12 13 -1
Total Calls 2 0 100%
Total Puts 2 0 100%
PUT/CALL Ratio 1.0 0.0 Neutral

Statistics: RNAC

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Institutional Holders (2026 Q2)

93 + investors

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

QUARTER:
Top 25 RNAC holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 CM Management, LLC 0.40% 60,000 $625K
2 683 Capital Management, LLC 0.33% 650,000 $6.8M
3 Privium Fund Management B.V. 0.29% 151,675 $1.6M
4 Miller Financial Services LLC 0.19% 22,143 $231K
5 Diadema Partners LP 0.11% 87,057 $907K
6 Atlatl Advisers LLC 0.07% 28,509 $297K
7 Persistent Asset Partners Ltd 0.07% 22,191 $231K
8 ADAR1 Capital Management, LLC 0.05% 98,877 $1.0M
9 Twin Focus Capital Partners, LLC 0.03% 25,000 $260K
10 Squarepoint Ops LLC 0.03% 2,254,619 $23.5M
11 Ikarian Capital, LLC 0.02% 20,807 $217K
12 Bridgeway Capital Management, LLC 0.01% 32,500 $339K
13 Walleye Capital LLC 0.00% 81,828 $853K
14 XTX Topco Ltd 0.00% 19,395 $202K
15 Trexquant Investment LP 0.00% 41,046 $428K
16 Two Sigma Investments, LP 0.00% 296,293 $3.1M
17 Essential Partners LLC 0.00% 432 $5K
18 Marshall Wace, LLP 0.00% 232,919 $2.4M
19 Erste Asset Management GmbH 0.00% 23,566 $227K
20 Brevan Howard Capital Management LP 0.00% 19,365 $202K
21 Strategic Wealth Partners, Ltd. 0.00% 2,029 $21K
22 Aqr Capital Management LLC 0.00% 356,456 $3.7M
23 Ieq Capital, LLC 0.00% 25,416 $265K
24 Millennium Management LLC 0.00% 309,887 $3.2M
25 Jupiter Topco LLC 0.00% 200,905 $2.1M
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 — Cartesian Therapeutics Inc (RNAC)

What does the Smart Money Trend signal show for RNAC?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added RNAC 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 RNAC?

More buyers than sellers — 72% buying: Last quarter: 70 funds were net buyers (28 opened a brand new position + 42 added to an existing one). Only 27 were sellers (12 trimmed + 15 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for RNAC holders?

Elite ownership — 41% AUM from top-100 funds: 30 of 94 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in RNAC. 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 RNAC?

Mixed — 28% long-term, 43% new: Of the 95 current holders: 27 (28%) held >2 years, 27 held 1–2 years, and 41 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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