Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

TILRAY BRANDS INC (TLRY)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -109
Streak
1Q ▼
Buyers last Q
13%

Smart Money Signals — TLRY

Based on 205 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their TLRY positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🔻

Below peak — only 62% of 3.0Y high

62% of all-time peak
Only 205 funds hold TLRY today versus a peak of 333 funds at 2024 Q3 — just 62% 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.
📉

Outflows — 37% fewer funds vs a year ago

fund count last 6Q
119 fewer hedge funds hold TLRY compared to a year ago (-37% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🔴

Heavy selling pressure — only 13% buying

46 buying310 selling
Last quarter: 310 funds sold vs only 46 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
⚠️

Fewer new buyers each quarter (-19 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 44 → 35 → 57 → 38. 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.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 21% medium ■ 16% new
130 out of 205 hedge funds have held TLRY 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 (+13% value, -78% shares)

Value
+13%
Shares
-78%
Last quarter: total value of institutional TLRY holdings rose +13% even though funds reduced share count by 78%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
📈

Growing discovery — still being found

49 → 44 → 35 → 57 → 38 new funds/Q
New funds entering each quarter: 44 → 35 → 57 → 38. A growing number of institutions are discovering TLRY each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 68% of holders stayed 2+ years

■ 68% veterans ■ 11% 1-2yr ■ 21% new
Of 224 current holders: 153 (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.
📋

Smaller funds dominant — 11% AUM from top-100

11% from top-100 AUM funds
25 of 205 holders rank in the top 100 by AUM, but together hold only 11% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — 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 — TLRY

In 2025 Q4, 46 hedge funds were net buyers of TLRY (38 opened a new position, 8 added to an existing one), while 310 reduced or exited (163 trimmed, 147 sold completely) — a 13% buyer ratio, indicating net institutional distribution. Net fund flow last quarter: -109 funds (more exits than new entries). Total institutional holders: 205.

Hedge Fund Ownership: TLRY

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

Market Analysis: TLRY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TLRY

Healthcare Drug Manufacturers - Specialty & Generic

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.

30 top-rated funds 0 high-conviction
Consensus
6.5
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: TLRY
2026 Q1 Stats Unlock in 8 days 224 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 224 331 -32.33%
13F Shares 32M 149M -78.33%
Total Value $291M $257M 13.46%
New Positions 45 59 -14
Increased Positions 10 114 -104
Closed Positions 153 41 +112
Reduced Positions 194 81 +113
Total Calls 12 13 -7.69%
Total Puts 9 8 12.5%
PUT/CALL Ratio 0.75 0.62 Neutral

Statistics: TLRY

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Valuation Measures Data as of: --

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

Financial Highlights

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Institutional Holders (2026 Q1)

224 + investors

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

Top 25 institutional holders of TLRY — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Westend Capital Management, LLC 0.17% 86,830 $562K
2 Tradewinds Capital Management, LLC 0.08% 60,387 $391K
3 AdvisorShares Investments LLC 0.08% 63,763 $413K
4 R Squared Ltd 0.05% 14,543 $94K
5 CENTRAL VALLEY ADVISORS, LLC 0.03% 14,605 $94K
6 Baader Bank Aktiengesellschaft 0.02% 47,938 $293K
7 Madrona Financial Services, LLC 0.01% 10,000 $65K
8 Hilton Head Capital Partners, LLC 0.01% 3,771 $24K
9 PFS Partners, LLC 0.01% 3,681 $24K
10 Marex Group plc 0.01% 161,904 $269K
11 SBI Securities Co., Ltd. 0.00% 25,785 $167K
12 PFG Investments, LLC 0.00% 13,696 $89K
13 ALLSTATE CORP 0.00% 56,727 $367K
14 Activest Wealth Management 0.00% 3,000 $19K
15 Forum Finance Group S.A. 0.00% 921 —
16 BARRETT & COMPANY, INC. 0.00% 1,134 $7K
17 Leonteq Securities AG 0.00% 9,737 $63K
18 Walleye Trading LLC 0.00% 213,000 $1.4M
19 MTM Investment Management, LLC 0.00% 1,063 $7K
20 Walleye Trading LLC 0.00% 187,200 $1.2M
21 HighMark Wealth Management LLC 0.00% 747 $5K
22 CNB Bank 0.00% 663 $4K
23 Hurley Capital, LLC 0.00% 460 $3K
24 Walleye Capital LLC 0.00% 58,100 $376K
25 Apollon Wealth Management, LLC 0.00% 14,761 $96K
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 — TILRAY BRANDS INC (TLRY)

What does the Smart Money Trend signal show for TLRY?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their TLRY 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 TLRY?

Heavy selling pressure — only 13% buying: Last quarter: 310 funds sold vs only 46 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for TLRY holders?

Smaller funds dominant — 11% AUM from top-100: 25 of 205 holders rank in the top 100 by AUM, but together hold only 11% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held TLRY?

63% of holders stayed for 2+ years: 130 out of 205 hedge funds have held TLRY 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.