Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

THOR INDS INC (THO)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +17
Streak
3Q ▲
Buyers last Q
49%

Smart Money Signals — THO

Based on 412 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added THO 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 (99% of max)

99% of all-time peak
412 hedge funds hold THO 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.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding THO is almost the same as a year ago (+9 funds, +2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 49% buying

192 buying197 selling
Last quarter: 197 funds reduced or exited vs 192 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 — ~64 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 53 → 60 → 62 → 64. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

67% of holders stayed for 2+ years

■ 67% conviction (2yr+) ■ 16% medium ■ 17% new
275 out of 412 hedge funds have held THO 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.
📈

Growing discovery — still being found

55 → 53 → 60 → 62 → 64 new funds/Q
New funds entering each quarter: 53 → 60 → 62 → 64. A growing number of institutions are discovering THO each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 71% of holders stayed 2+ years

■ 71% veterans ■ 10% 1-2yr ■ 19% new
Of 426 current holders: 303 (71%) 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 — 39% AUM from major funds

39% from top-100 AUM funds
42 of 412 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — 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 — THO

In 2025 Q4, 192 hedge funds were net buyers of THO (64 opened a new position, 128 added to an existing one), while 197 reduced or exited (150 trimmed, 47 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 39% of total institutional value in THO is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +17 funds (more new holders than closures). Total institutional holders: 412.

Hedge Fund Ownership: THO

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

Market Analysis: THO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: THO

Consumer Cyclical Recreational Vehicles

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

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

60 top-rated funds 1 high-conviction
Consensus
7.8
/ 10
breadth
×
Elite
2.0
/ 10
conviction
Hedge Fund Positioning: THO
2026 Q1 Stats Unlock in 8 days 426 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 426 404 5.45%
13F Shares 54M 53M 2.22%
Total Value $5.52B $5.45B 1.24%
New Positions 64 62 +2
Increased Positions 139 141 -2
Closed Positions 48 47 +1
Reduced Positions 169 157 +12
Total Calls 9 10 -10.0%
Total Puts 7 8 -12.5%
PUT/CALL Ratio 0.78 0.8 Neutral

Statistics: THO

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Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

426 + investors

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

Top 25 institutional holders of THO — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 ACR Alpine Capital Research, LLC 5.85% 4,903,124 $391.7M
2 Triad Investment Management 4.64% 132,198 $12.6M
3 Salvus Wealth Management, LLC 2.45% 52,656 $4.2M
4 VALUE HOLDINGS MANAGEMENT CO. LLC 2.34% 180,484 $14K
5 GROESBECK INVESTMENT MANAGEMENT CORP /NJ/ 1.23% 7,923 —
6 Madison Asset Management, LLC 0.96% 964,776 $77.1M
7 Tevis Investment Management 0.86% 18,805 $1.5M
8 HEARTLAND ADVISORS INC 0.75% 183,540 $14.7M
9 QV Investors Inc. 0.71% 110,406 $9K
10 OPPENHEIMER ASSET MANAGEMENT INC. 0.68% 740,948 $59.2M
11 Old North State Wealth Management, LLC 0.56% 15,151 $1.2M
12 DEPRINCE RACE & ZOLLO INC 0.54% 357,976 $28.6M
13 SHAYNE & JACOBS, LLC 0.54% 21,751 $1.7M
14 Frazier Financial Advisors, LLC 0.48% 10,874 $869K
15 Murphy Pohlad Asset Management LLC 0.31% 10,952 $875K
16 SPROTT INC. 0.24% 105,000 $8.4M
17 Stockman Wealth Management, Inc. 0.22% 24,827 $2.0M
18 MQS Management LLC 0.19% 3,590 $287K
19 Hosking Partners LLP 0.19% 64,796 $5.2M
20 TI-TRUST, INC 0.16% 3,435 $274K
21 BLUEDOOR PRIVATE WEALTH, LLC 0.16% 4,260 $340K
22 WBI INVESTMENTS, LLC 0.13% 6,042 $483K
23 Diversified Investment Strategies, LLC 0.13% 2,550 $204K
24 Atria Investments, Inc 0.13% 141,801 $11.3M
25 Accurate Wealth Management, LLC 0.12% 12,741 $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 — THOR INDS INC (THO)

What does the Smart Money Trend signal show for THO?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added THO 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 THO?

More sellers than buyers — 49% buying: Last quarter: 197 funds reduced or exited vs 192 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 THO holders?

Strong quality — 39% AUM from major funds: 42 of 412 holders rank in the top 100 by AUM, accounting for 39% 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 THO?

67% of holders stayed for 2+ years: 275 out of 412 hedge funds have held THO 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.