Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

VIRGIN GALACTIC HOLDINGS INC (SPCE)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +7
Streak
2Q ▲
Buyers last Q
55%

Smart Money Signals — SPCE

Based on 151 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added SPCE 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.
🔻

Below peak — only 65% of 3.0Y high

65% of all-time peak
Only 151 funds hold SPCE today versus a peak of 234 funds at 2023 Q4 — just 65% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding SPCE is almost the same as a year ago (-1 funds, -1% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 55% buying

81 buying65 selling
Last quarter: 81 funds bought or added vs 65 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 (+7 vs last Q)

new funds entering per quarter
Funds opening a new SPCE position: 29 → 31 → 32 → 39. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 25% medium ■ 21% new
82 out of 151 hedge funds have held SPCE 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.
💎

Buying through price weakness — shares -7%, value -90%

Value
-90%
Shares
-7%
Last quarter: funds added -7% more shares while total portfolio value only changed -90%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

28 → 29 → 31 → 32 → 39 new funds/Q
New funds entering each quarter: 29 → 31 → 32 → 39. A growing number of institutions are discovering SPCE each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 68% of holders stayed 2+ years

■ 68% veterans ■ 10% 1-2yr ■ 22% new
Of 170 current holders: 115 (68%) 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.
✅

Strong quality — 29% AUM from major funds

29% from top-100 AUM funds
23 of 151 holders rank in the top 100 by AUM, accounting for 29% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
1.8
out of 10
Low Exit Risk
Exit risk score 1.8/10 — 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 — SPCE

In 2025 Q4, 81 hedge funds were net buyers of SPCE (39 opened a new position, 42 added to an existing one), while 65 reduced or exited (33 trimmed, 32 sold completely) — a 55% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 29% of total institutional value in SPCE is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +7 funds (more new holders than closures). Total institutional holders: 151.

Hedge Fund Ownership: SPCE

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

Market Analysis: SPCE

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SPCE

-- --

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.

20 top-rated funds 0 high-conviction
Consensus
5.7
/ 10
breadth
×
Elite
0.0
/ 10
conviction
Hedge Fund Positioning: SPCE
2026 Q1 Stats Unlock in 4 days 170 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 170 163 4.29%
13F Shares 27M 29M -6.96%
Total Value $89M $884M -89.99%
New Positions 41 33 +8
Increased Positions 65 68 -3
Closed Positions 36 27 +9
Reduced Positions 45 56 -11
Total Calls 13 15 -13.33%
Total Puts 14 14 -
PUT/CALL Ratio 1.08 0.93 Neutral

Statistics: SPCE

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Valuation Measures Data as of: --

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Short Ratio (Days to Cover) --
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Financial Highlights

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Institutional Holders (2026 Q1)

170 + investors

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

QUARTER:
Top 25 institutional holders of SPCE — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 EverSource Wealth Advisors, LLC 0.19% 47,863 $6.1M
2 Measured Wealth Private Client Group, LLC 0.08% 125,490 $305K
3 Bayesian Capital Management, LP 0.05% 17,800 $43K
4 WOLVERINE ASSET MANAGEMENT LLC 0.04% 1,697,600 $4.1M
5 683 Capital Management, LLC 0.04% 280,160 $681K
6 Crawford Fund Management, LLC 0.03% 65,000 $158K
7 XTX Topco Ltd 0.02% 466,142 $1.1M
8 Themes Management Co LLC 0.02% 12,548 $30K
9 ABC ARBITRAGE SA 0.02% 48,938 $119K
10 Diametric Capital, LP 0.01% 22,859 $56K
11 GMT CAPITAL CORP 0.01% 119,193 $290K
12 DeepCurrents Investment Group LLC 0.01% 1,584 $385K
13 Penserra Capital Management LLC 0.01% 398,383 —
14 Susquehanna Portfolio Strategies, LLC 0.01% 262,862 $639K
15 TWO SIGMA SECURITIES, LLC 0.01% 20,602 $50K
16 Catalyst Funds Management Pty Ltd 0.00% 10,400 $25K
17 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.00% 85,000 $207K
18 Marathon Trading Investment Management LLC 0.00% 43,090 $105K
19 HRT FINANCIAL LP 0.00% 395,050 $959K
20 NFSG Corp 0.00% 5,950 $14K
21 Engineers Gate Manager LP 0.00% 77,753 $189K
22 Walleye Trading LLC 0.00% 554,600 $1.3M
23 Central Pacific Bank - Trust Division 0.00% 6,906 $17K
24 Quadrature Capital Ltd 0.00% 72,235 $176K
25 SBI Securities Co., Ltd. 0.00% 30,409 $74K
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 — VIRGIN GALACTIC HOLDINGS INC (SPCE)

What does the Smart Money Trend signal show for SPCE?

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

Slight buying edge — 55% buying: Last quarter: 81 funds bought or added vs 65 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 SPCE holders?

Strong quality — 29% AUM from major funds: 23 of 151 holders rank in the top 100 by AUM, accounting for 29% 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 SPCE?

54% of holders stayed for 2+ years: 82 out of 151 hedge funds have held SPCE 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.

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.