Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Thryv Hldgs Inc (THRY)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -4
Streak
3Q ▼
Buyers last Q
54%

Smart Money Signals — THRY

Based on 126 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds reduced or closed their THRY positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 72% of 3.0Y peak

72% of all-time peak
126 funds currently hold this stock — 72% of the 3.0-year high of 176 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 19% fewer funds vs a year ago

fund count last 6Q
30 fewer hedge funds hold THRY compared to a year ago (-19% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 54% buying

75 buying63 selling
Last quarter: 75 funds bought or added vs 63 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.
⚠️

Fewer new buyers each quarter (-8 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 39 → 39 → 33 → 25. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

53% of holders stayed for 2+ years

■ 53% conviction (2yr+) ■ 23% medium ■ 24% new
67 out of 126 hedge funds have held THRY 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.
💰

Price up while funds trimmed (+42% value, -1% shares)

Value
+42%
Shares
0%
Last quarter: total value of institutional THRY holdings rose +42% even though funds reduced share count by 1%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
📊

Peak discovery — momentum slowing

22 → 39 → 39 → 33 → 25 new funds/Q
New funds entering each quarter: 39 → 39 → 33 → 25. THRY 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 — 59% veterans vs 28% newcomers

■ 59% veterans ■ 13% 1-2yr ■ 28% new
Entry-cohort mix of 129 holders: 76 (59%) are 2+ year veterans, 17 entered 1–2 years ago, and 36 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 44% AUM from top-100 funds

44% from top-100 AUM funds
38 of 124 holders are among the 100 largest funds by AUM, controlling 44% of total institutional value in THRY. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.2
out of 10
Low Exit Risk
Exit risk score 2.2/10 — 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 — THRY

In 2026 Q2, 75 hedge funds were net buyers of THRY (25 opened a new position, 50 added to an existing one), while 63 reduced or exited (34 trimmed, 29 sold completely) — a 54% buyer ratio, indicating a slight buying edge. This extends a 3-quarter selling streak, suggesting sustained institutional caution. 44% of total institutional value in THRY is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -4 funds (more exits than new entries). Total institutional holders: 126.

Hedge Fund Ownership: THRY

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

Market Analysis: THRY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: THRY

-- --

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.

8 top-rated funds 0 high-conviction
Consensus
4.1
/ 10
breadth
×
Elite
1.2
/ 10
conviction
Hedge Fund Positioning: THRY
124 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 124 130 -4.62%
13F Shares 39M 39M -0.71%
Total Value $146M $102M 42.18%
New Positions 25 33 -8
Increased Positions 48 45 +3
Closed Positions 29 62 -33
Reduced Positions 33 36 -3
Total Calls 3 2 50.0%
Total Puts 2 3 -33.33%
PUT/CALL Ratio 0.67 1.5 Bullish

Statistics: THRY

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Financial Highlights

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Institutional Holders (2026 Q2)

124 + investors

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

QUARTER:
Top 25 THRY holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Brooktree Capital Management 2.45% 952,892 $3.8M
2 Wittenberg Investment Management, INC. 1.50% 1,111,415 $4.4M
3 Paulson & CO. INC. 1.29% 8,443,835 $33.3M
4 CDC Financial, Inc. 1.16% 702,024 $2.8M
5 Minerva Advisors LLC 0.36% 144,329 $569K
6 Ancient Art, L.P. 0.30% 377,593 $1.5M
7 Luxor Capital Group, LP 0.14% 904,331 $3.6M
8 Parthenon LLC 0.08% 184,717 $728K
9 Jb Capital Partners LP 0.06% 100,900 $398K
10 State of Wyoming 0.05% 137,678 $542K
11 Quinn Opportunity Partners LLC 0.03% 182,502 $719K
12 Bridgeway Capital Management, LLC 0.03% 366,167 $1.4M
13 Mcmorgan & Co LLC 0.01% 20,846 $82K
14 Jacobs Levy Equity Management, Inc 0.01% 690,447 $2.7M
15 XTX Topco Ltd 0.01% 174,707 $688K
16 Prelude Capital Management, LLC 0.01% 18,656 $74K
17 Royce & Associates LP 0.00% 119,060 $469K
18 Empowered Funds, LLC 0.00% 166,167 $655K
19 Pinnacle Wealth Planning Services, Inc. 0.00% 8,565 $34K
20 Meeder Asset Management Inc 0.00% 15,008 $59K
21 Aqr Capital Management LLC 0.00% 2,159,331 $8.5M
22 Centiva Capital, LP 0.00% 75,300 $297K
23 Essential Partners LLC 0.00% 1,290 $5K
24 Federated Hermes, INC. 0.00% 322,986 $1.3M
25 Ieq Capital, LLC 0.00% 94,370 $372K
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 — Thryv Hldgs Inc (THRY)

What does the Smart Money Trend signal show for THRY?

Selling streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds reduced or closed their THRY positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for THRY?

Slight buying edge — 54% buying: Last quarter: 75 funds bought or added vs 63 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 THRY holders?

Elite ownership — 44% AUM from top-100 funds: 38 of 124 holders are among the 100 largest funds by AUM, controlling 44% of total institutional value in THRY. 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 THRY?

53% of holders stayed for 2+ years: 67 out of 126 hedge funds have held THRY 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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