Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

SOLENO THERAPEUTICS INC (SLNO)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +8
Streak
11Q ▲
Buyers last Q
56%

Smart Money Signals — SLNO

Based on 235 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q
For 11 consecutive quarters, more hedge funds added SLNO 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
235 hedge funds hold SLNO 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 — +49% more funds vs a year ago

fund count last 6Q
+77 new funds entered over the past year (+49% 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.
🟡

Slight buying edge — 56% buying

164 buying128 selling
Last quarter: 164 funds bought or added vs 128 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.
📈

More new buyers each quarter (+6 vs last Q)

new funds entering per quarter
Funds opening a new SLNO position: 69 → 51 → 55 → 61. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
📌

Mixed — 32% long-term, 37% new

■ 32% conviction (2yr+) ■ 31% medium ■ 37% new
Of the 235 current holders: 75 (32%) held >2 years, 72 held 1–2 years, and 88 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.
💎

Buying through price weakness — shares -2%, value -50%

Value
-50%
Shares
-1%
Last quarter: funds added -2% more shares while total portfolio value only changed -50%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~61 new funds/quarter

45 → 69 → 51 → 55 → 61 new funds/Q
New funds entering each quarter: 69 → 51 → 55 → 61. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 36% veterans, 45% new entrants

■ 36% veterans ■ 19% 1-2yr ■ 45% new
Of 262 current holders: 95 (36%) held 2+ years, 49 held 1–2 years, 118 (45%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆

Elite ownership — 48% AUM from top-100 funds

48% from top-100 AUM funds
34 of 235 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in SLNO. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.3
out of 10
Moderate Exit Risk
Exit risk score 4.3/10 — 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 — SLNO

In 2025 Q4, 164 hedge funds were net buyers of SLNO (61 opened a new position, 103 added to an existing one), while 128 reduced or exited (75 trimmed, 53 sold completely) — a 56% buyer ratio, indicating a slight buying edge. This marks 11 consecutive quarters of net institutional buying — a persistent conviction signal. 48% of total institutional value in SLNO is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +8 funds (more new holders than closures). Total institutional holders: 235.

Hedge Fund Ownership: SLNO

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

Market Analysis: SLNO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SLNO

Healthcare Biotechnology

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

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

37 top-rated funds 6 high-conviction
Consensus
6.9
/ 10
breadth
×
Elite
3.7
/ 10
conviction
Hedge Fund Positioning: SLNO
2026 Q1 Stats Unlock in 7 days 262 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 262 261 0.38%
13F Shares 68M 70M -1.85%
Total Value $3.01B $6.05B -50.33%
New Positions 61 57 +4
Increased Positions 143 148 -5
Closed Positions 55 55 -
Reduced Positions 117 97 +20
Total Calls 20 23 -13.04%
Total Puts 10 18 -44.44%
PUT/CALL Ratio 0.5 0.78 Bullish

Statistics: SLNO

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Valuation Measures Data as of: --

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

Financial Highlights

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Income Statement & Cash Flow
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Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

262 + investors

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

Top 25 institutional holders of SLNO — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Atle Fund Management AB 0.71% 90,184 $2.2M
2 Penn Capital Management Company, LLC 0.70% 268,785 $9.0M
3 NAN FUNG TRINITY (HK) Ltd 0.46% 126,050 $4.2M
4 EMERALD MUTUAL FUND ADVISERS TRUST 0.33% 200,727 $6.7M
5 MOODY ALDRICH PARTNERS LLC 0.29% 48,261 $1.6M
6 EMERALD ADVISERS, LLC 0.29% 274,138 $9.2M
7 Optimize Financial Inc 0.18% 11,169 $374K
8 FOX RUN MANAGEMENT, L.L.C. 0.11% 19,934 $607K
9 F/m Investments LLC 0.07% 29,351 $983K
10 Ruffer LLP 0.06% 46,673 $1.6M
11 Caitong International Asset Management Co., Ltd 0.05% 8,586 $287K
12 FNY Investment Advisers, LLC 0.05% 3,500 —
13 Candriam S.C.A. 0.05% 281,620 $9.4M
14 PROFUND ADVISORS LLC 0.04% 35,607 $1.2M
15 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.03% 82,834 $2.8M
16 Y-Intercept (Hong Kong) Ltd 0.03% 47,731 $1.6M
17 SEB Asset Management AB 0.03% 187,475 $6.3M
18 Pictet Asset Management Holding SA 0.02% 616,217 $20.6M
19 Aberdeen Group plc 0.02% 287,456 $9.6M
20 GSA CAPITAL PARTNERS LLP 0.01% 6,465 —
21 ASPIRIANT, LLC 0.01% 12,128 $406K
22 E Fund Management Co., Ltd. 0.01% 10,009 $335K
23 WINTON GROUP Ltd 0.01% 7,832 $262K
24 BANQUE PICTET & CIE SA 0.01% 38,730 $1.3M
25 NEW YORK STATE COMMON RETIREMENT FUND 0.01% 185,317 $6.2M
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 — SOLENO THERAPEUTICS INC (SLNO)

What does the Smart Money Trend signal show for SLNO?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added SLNO 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 SLNO?

Slight buying edge — 56% buying: Last quarter: 164 funds bought or added vs 128 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 SLNO holders?

Elite ownership — 48% AUM from top-100 funds: 34 of 235 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in SLNO. 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 SLNO?

Mixed — 32% long-term, 37% new: Of the 235 current holders: 75 (32%) held >2 years, 72 held 1–2 years, and 88 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.