Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Spruce Power Holding Corp (SPRU)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
→ 0
Streak
1Q —
Buyers last Q
49%

Smart Money Signals — SPRU

Based on 45 hedge funds · latest filing: 2026 Q2 · updated quarterly

➡️

No change last quarter

last 6Q
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
45 hedge funds hold SPRU 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 — +41% more funds vs a year ago

fund count last 6Q
+13 new funds entered over the past year (+41% 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 sellers than buyers — 49% buying

19 buying20 selling
Last quarter: 20 funds reduced or exited vs 19 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 — ~7 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 9 → 13 → 11 → 7. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

42% of holders stayed for 2+ years

■ 42% conviction (2yr+) ■ 27% medium ■ 31% new
19 out of 45 hedge funds have held SPRU 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 +12%, value -30%

Value
-29%
Shares
+12%
Last quarter: funds added +12% more shares while total portfolio value only changed -30%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

8 → 9 → 13 → 11 → 7 new funds/Q
New funds entering each quarter: 9 → 13 → 11 → 7. SPRU is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 52% veterans vs 35% newcomers

■ 52% veterans ■ 13% 1-2yr ■ 35% new
Entry-cohort mix of 46 holders: 24 (52%) are 2+ year veterans, 6 entered 1–2 years ago, and 16 (35%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 25% AUM from major funds

25% from top-100 AUM funds
16 of 45 holders rank in the top 100 by AUM, accounting for 25% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.4
out of 10
Moderate Exit Risk
Exit risk score 4.4/10 — 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 — SPRU

In 2026 Q2, 19 hedge funds were net buyers of SPRU (7 opened a new position, 12 added to an existing one), while 20 reduced or exited (13 trimmed, 7 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. 25% of total institutional value in SPRU is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 45.

Hedge Fund Ownership: SPRU

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

Market Analysis: SPRU

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SPRU

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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.

4 top-rated funds 0 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: SPRU
45 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 45 45 -
13F Shares 6M 6M 12.12%
Total Value $16M $23M -29.73%
New Positions 7 11 -4
Increased Positions 11 8 +3
Closed Positions 7 7 -
Reduced Positions 13 15 -2
Total Calls 1 1 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: SPRU

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Financial Highlights

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Institutional Holders (2026 Q2)

45 + investors

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

QUARTER:
Top 25 SPRU holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Steel Partners Holdings L.P. 11.34% 3,429,380 $8.8M
2 MYDA Advisors LLC 0.02% 50,000 $129K
3 Essex Financial Services, Inc. 0.00% 24,137 $62K
4 Bridgeway Capital Management, LLC 0.00% 44,025 $114K
5 Renaissance Technologies LLC 0.00% 243,533 $628K
6 XTX Topco Ltd 0.00% 24,130 $62K
7 Engineers Gate Manager LP 0.00% 17,950 $46K
8 Salem Investment Counselors Inc 0.00% 5,000 $13K
9 Two Sigma Investments, LP 0.00% 132,531 $342K
10 Corient Private Wealth LP 0.00% 37,666 $97K
11 Jpmorgan Chase & Co 0.00% 773,005 $2.0M
12 Medallion Wealth Advisors, LLC 0.00% 125 —
13 Squarepoint Ops LLC 0.00% 34,723 $90K
14 Physician Wealth Advisors, Inc. 0.00% 222 —
15 Vanguard Fiduciary Trust Co 0.00% 102,571 $265K
16 Vanguard Capital Management LLC 0.00% 648,066 $1.7M
17 Raymond James Financial Inc 0.00% 46,183 $119K
18 BlackRock, Inc. 0.00% 261,366 $674K
19 Citadel Advisors LLC 0.00% 26,319 $68K
20 Jane Street Group, LLC 0.00% 32,395 $84K
21 SHP Wealth Management 0.00% 29 —
22 Osaic Holdings, INC. 0.00% 1,470 $4K
23 CoreCap Advisors, LLC 0.00% 58 —
24 Jane Street Group, LLC 0.00% 17,600 $45K
25 Goldman Sachs Group Inc 0.00% 16,426 $42K
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 — Spruce Power Holding Corp (SPRU)

What does the Smart Money Trend signal show for SPRU?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for SPRU?

More sellers than buyers — 49% buying: Last quarter: 20 funds reduced or exited vs 19 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 SPRU holders?

Strong quality — 25% AUM from major funds: 16 of 45 holders rank in the top 100 by AUM, accounting for 25% 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 SPRU?

42% of holders stayed for 2+ years: 19 out of 45 hedge funds have held SPRU 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.

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