Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

SIZZLE ACQUISITION CORP. II (SZZL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +7
Streak
4Q ▲
Buyers last Q
53%

Smart Money Signals — SZZL

Based on 54 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added SZZL 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
54 hedge funds hold SZZL 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 — +5300% more funds vs a year ago

fund count last 6Q
+53 new funds entered over the past year (+5300% 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 — 53% buying

17 buying15 selling
Last quarter: 17 funds bought or added vs 15 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 SZZL position: 40 → 7 → 4 → 11. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 35% entered in last year

■ 4% conviction (2yr+) ■ 61% medium ■ 35% new
Only 2 funds (4%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
⚠️

Saturation — most institutions already know this story

0 → 40 → 7 → 4 → 11 new funds/Q
New funds entering each quarter: 40 → 7 → 4 → 11. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.
🌱

Early stage — 96% of holders entered in last year

■ 4% veterans ■ 0% 1-2yr ■ 96% new
Of 54 current holders: 52 (96%) entered in the past year, only 2 (4%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
📋

Smaller funds dominant — 10% AUM from top-100

10% from top-100 AUM funds
6 of 54 holders rank in the top 100 by AUM, but together hold only 10% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
5.4
out of 10
Moderate Exit Risk
Exit risk score 5.4/10 — 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 — SZZL

In 2026 Q1, 17 hedge funds were net buyers of SZZL (11 opened a new position, 6 added to an existing one), while 15 reduced or exited (11 trimmed, 4 sold completely) — a 53% buyer ratio, indicating a slight buying edge. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +7 funds (more new holders than closures). Total institutional holders: 54.

Hedge Fund Ownership: SZZL

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

Market Analysis: SZZL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SZZL

-- --

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

Is It Too Late to Buy SIZZLE ACQUISITION CORP. II (SZZL) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much SZZL has moved relative to its sector benchmark (XLF) 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 · 55d ago
SZZL
+1.7%
XLF
+5.2%

SZZL outperformed XLF by -3.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 10d ago
SZZL
-3.0%
XLF
+1.6%

Since the filing became public, SZZL outperformed XLF by -4.6% .

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.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.6
/ 10
conviction
Hedge Fund Positioning: SZZL
54 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 54 47 14.89%
13F Shares 22M 22M 0.31%
Total Value $219M $219M 0.24%
New Positions 11 4 +7
Increased Positions 6 8 -2
Closed Positions 4 2 +2
Reduced Positions 11 11 -
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: SZZL

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Valuation Measures Data as of: --

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

Financial Highlights

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Institutional Holders (2026 Q1)

54 + investors

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

QUARTER:
Top 25 institutional holders of SZZL — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 HGC Investment Management Inc. 1.48% 650,539 $6.7M
2 GRITSTONE ASSET MANAGEMENT LLC 1.09% 98,992 $1.0M
3 Westchester Capital Management, LLC 0.73% 1,561,745 $16.0M
4 Wealthspring Capital LLC 0.62% 256,090 $2.6M
5 Kepos Capital LP 0.62% 37,200 —
6 HEIGHTS CAPITAL MANAGEMENT, INC 0.57% 200,000 $2.1M
7 Radcliffe Capital Management, L.P. 0.40% 517,688 $5.3M
8 MANGROVE PARTNERS IM, LLC 0.37% 450,000 $4.6M
9 PERISCOPE CAPITAL INC. 0.34% 300,000 $3.1M
10 Governors Lane LP 0.33% 500,000 $5.1M
11 Crossingbridge Advisors, LLC 0.30% 164,154 $1.7M
12 DELTEC ASSET MANAGEMENT LLC 0.28% 150,000 $1.5M
13 TENOR CAPITAL MANAGEMENT Co., L.P. 0.28% 1,750,000 $18.0M
14 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.26% 497,500 $5.1M
15 ARISTEIA CAPITAL, L.L.C. 0.22% 1,050,000 $10.8M
16 BERKLEY W R CORP 0.22% 396,768 $4.1M
17 First Trust Capital Management L.P. 0.22% 398,309 $4.1M
18 AQR Arbitrage LLC 0.21% 1,254,947 $12.9M
19 Magnetar Financial LLC 0.18% 1,750,000 $18.0M
20 Logan Stone Capital, LLC 0.17% 58,159 $598K
21 Shaolin Capital Management LLC 0.15% 400,000 $4.1M
22 Context Capital Management, LLC 0.14% 599,812 $6.2M
23 Rangeley Capital, LLC 0.10% 10,000 $103K
24 WOLVERINE ASSET MANAGEMENT LLC 0.10% 973,602 $10.0M
25 O'Connor Alternative Investments LLC 0.09% 100,000 $1.0M
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 — SIZZLE ACQUISITION CORP. II (SZZL)

What does the Smart Money Trend signal show for SZZL?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added SZZL 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 SZZL?

Slight buying edge — 53% buying: Last quarter: 17 funds bought or added vs 15 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 SZZL holders?

Smaller funds dominant — 10% AUM from top-100: 6 of 54 holders rank in the top 100 by AUM, but together hold only 10% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held SZZL?

Mostly new holders — 35% entered in last year: Only 2 funds (4%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy SIZZLE ACQUISITION CORP. II (SZZL) following the 2026 Q1 hedge fund 13F filings?

As of today, SZZL has moved -3.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.6% for the XLF sector ETF — an outperformance of -4.6%. Since the quarter end (March 31, 2026), SZZL has gained +1.7% vs +5.2% for XLF. 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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