Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

SIGA TECHNOLOGIES INC (SIGA)

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

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -19
Streak
1Q ▼
Buyers last Q
47%

Smart Money Signals — SIGA

Based on 178 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their SIGA positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 90% of 3.0Y peak

90% of all-time peak
178 funds currently hold this stock — 90% of the 3.0-year high of 197 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +11% more funds vs a year ago

fund count last 6Q
+18 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 47% buying

94 buying107 selling
Last quarter: 107 funds reduced or exited vs 94 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~25 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 37 → 39 → 26 → 25. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

56% of holders stayed for 2+ years

56% conviction (2yr+) 24% medium 20% new
99 out of 178 hedge funds have held SIGA 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.
📊

Peak discovery — momentum slowing

19 → 37 → 39 → 26 → 25 new funds/Q
New funds entering each quarter: 37 → 39 → 26 → 25. SIGA is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Deep conviction — 62% of holders stayed 2+ years

62% veterans 16% 1-2yr 22% new
Of 178 current holders: 110 (62%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 45% AUM from top-100 funds

45% from top-100 AUM funds
44 of 178 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in SIGA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — 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 — SIGA

In 2026 Q1, 94 hedge funds were net buyers of SIGA (25 opened a new position, 69 added to an existing one), while 107 reduced or exited (63 trimmed, 44 sold completely) — a 47% buyer ratio, indicating roughly balanced activity. 45% of total institutional value in SIGA is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -19 funds (more exits than new entries). Total institutional holders: 178.

Hedge Fund Ownership: SIGA

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

Market Analysis: SIGA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SIGA

-- --

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

Is It Too Late to Buy SIGA TECHNOLOGIES INC (SIGA) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much SIGA has moved relative to its sector benchmark (XLV) 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 · 54d ago
SIGA
-10.5%
XLV
+2.2%

SIGA outperformed XLV by -12.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 9d ago
SIGA
+12.2%
XLV
+3.3%

Since the filing became public, SIGA outperformed XLV by +8.9% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

19 top-rated funds 0 high-conviction
Consensus
5.6
/ 10
breadth
×
Elite
0.9
/ 10
conviction
Hedge Fund Positioning: SIGA
177 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 177 197 -10.15%
13F Shares 34M 36M -4.93%
Total Value $178M $218M -18.55%
New Positions 24 26 -2
Increased Positions 68 76 -8
Closed Positions 44 23 +21
Reduced Positions 63 61 +2
Total Calls 0 2 -100.0%
Total Puts 0 1 -100.0%
PUT/CALL Ratio 0.0 0.5 Bullish

Statistics: SIGA

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Institutional Holders (2026 Q1)

177 + investors

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

QUARTER:
Top 25 institutional holders of SIGA — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 AltraVue Capital, LLC 1.12% 2,432,024 $13.0M
2 FIRST WILSHIRE SECURITIES MANAGEMENT INC 1.07% 890,498 $4.8M
3 SummerHaven Investment Management, LLC 0.33% 101,025 $540K
4 DENALI ADVISORS LLC 0.26% 436,887 $2.3M
5 Legato Capital Management LLC 0.25% 512,039 $2.7M
6 Uniplan Investment Counsel, Inc. 0.20% 371,413 $2.0M
7 Significant Wealth Partners LLC 0.15% 23,131 $124K
8 October Effect Ltd 0.13% 20,300 $109K
9 WASHINGTON GROWTH STRATEGIES LLC 0.09% 26,216 $140K
10 EntryPoint Capital, LLC 0.06% 38,200 $204K
11 State of Wyoming 0.05% 85,240 $456K
12 DGS Capital Management, LLC 0.04% 42,434 $227K
13 ROYCE & ASSOCIATES LP 0.04% 667,646 $3.6M
14 CIM INVESTMENT MANAGEMENT INC 0.03% 24,379 $130K
15 JAMES INVESTMENT RESEARCH, INC. 0.03% 53,546 $286K
16 Campbell & CO Investment Adviser LLC 0.03% 92,125 $493K
17 WINTON GROUP Ltd 0.02% 124,391 $665K
18 Inspire Advisors, LLC 0.02% 40,823 $218K
19 Strategic Blueprint, LLC 0.02% 50,000 $268K
20 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.01% 827,047 $4.4M
21 MIRABELLA FINANCIAL SERVICES LLP 0.01% 26,812 $143K
22 Cambria Investment Management, L.P. 0.01% 42,083 $225K
23 MARTINGALE ASSET MANAGEMENT L P 0.01% 92,260 $494K
24 EverSource Wealth Advisors, LLC 0.01% 1,693 $352K
25 GLOBEFLEX CAPITAL L P 0.01% 13,104 $70K
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 — SIGA TECHNOLOGIES INC (SIGA)

What does the Smart Money Trend signal show for SIGA?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their SIGA positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for SIGA?

More sellers than buyers — 47% buying: Last quarter: 107 funds reduced or exited vs 94 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for SIGA holders?

Elite ownership — 45% AUM from top-100 funds: 44 of 178 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in SIGA. 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 SIGA?

56% of holders stayed for 2+ years: 99 out of 178 hedge funds have held SIGA 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.

Is it too late to buy SIGA TECHNOLOGIES INC (SIGA) following the 2026 Q1 hedge fund 13F filings?

As of today, SIGA has moved +12.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.3% for the XLV sector ETF — an outperformance of +8.9%. Since the quarter end (March 31, 2026), SIGA has gained -10.5% vs +2.2% for XLV. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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