Tvardi Therapeutics Inc (TVRD) Hedge Fund Ownership (Q2 2026)

Tvardi Therapeutics Inc (TVRD)

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

Smart Money Signals — TVRD

Based on 65 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, more hedge funds added TVRD 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

65 hedge funds hold TVRD 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 — +6400% more funds vs a year ago

fund count last 6Q

+64 new funds entered over the past year (+6400% 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 — 52% buying

34 buying31 selling

Last quarter: 34 funds bought or added vs 31 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.

➡️

Steady new buyers — ~16 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 46 → 25 → 17 → 16. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔄

Mostly new holders — 49% entered in last year

■ 5% conviction (2yr+) ■ 46% medium ■ 49% new

Only 3 funds (5%) 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.

💎

Buying through price weakness — shares -5%, value -30%

Value

-29%

-5%

Last quarter: funds added -5% 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

0 → 46 → 25 → 17 → 16 new funds/Q

New funds entering each quarter: 46 → 25 → 17 → 16. TVRD is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.

🌱

Early stage — 94% of holders entered in last year

■ 6% veterans ■ 0% 1-2yr ■ 94% new

Of 65 current holders: 61 (94%) entered in the past year, only 4 (6%) 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.

✅

Strong quality — 36% AUM from major funds

36% from top-100 AUM funds

21 of 65 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

5.7

out of 10

Moderate Exit Risk

Exit risk score 5.7/10 — 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.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	58	65	-10.77%
13F Shares	2M	3M	-17.53%
Total Value	$4M	$9M	-50.98%
New Positions	16	16	-
Increased Positions	7	18	-11
Closed Positions	23	15	+8
Reduced Positions	22	16	+6
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

-10.77%

13F Shares

-17.53%

Total Value

$4M

$9M

-50.98%

New Positions

Increased Positions

-11

Closed Positions

Reduced Positions

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q2)

58 + investors

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

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 TVRD holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	American Financial Group Inc	0.15%	223,659	$425K
2	Duncan Williams Asset Management, LLC	0.03%	63,241	$120K
3	Slate Path Capital LP	0.02%	704,118	$1.3M
4	Diadema Partners LP	0.00%	16,607	$32K
5	Persistent Asset Partners Ltd	0.00%	4,253	$8K
6	Silvercrest Asset Management Group LLC	0.00%	101,034	$192K
7	XTX Topco Ltd	0.00%	14,868	$28K
8	Renaissance Technologies LLC	0.00%	91,409	$174K
9	Tower Research Capital LLC (TRC)	0.00%	3,275	$6K
10	Savant Capital, LLC	0.00%	19,462	$49K
11	Arax Advisory Partners	0.00%	11,003	$21K
12	Russell Investments Group, Ltd.	0.00%	43,228	$82K
13	Brown Advisory Inc	0.00%	11,200	$21K
14	UBS Group AG	0.00%	111,133	$211K
15	Vanguard Fiduciary Trust Co	0.00%	44,710	$85K
16	Qube Research & Technologies Ltd	0.00%	10,210	$19K
17	Aqr Capital Management LLC	0.00%	27,096	$51K
18	Vanguard Capital Management LLC	0.00%	344,382	$654K
19	Morgan Stanley	0.00%	77,845	$148K
20	TD Private Client Wealth LLC	0.00%	149	—
21	Susquehanna International Group, LLP	0.00%	33,165	$63K
22	LRI Investments, LLC	0.00%	27	—
23	PNC Financial Services Group, INC.	0.00%	3,518	$7K
24	EverSource Wealth Advisors, LLC	0.00%	46	—
25	GAMMA Investing LLC	0.00%	40	—

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 — Tvardi Therapeutics Inc (TVRD)

What does the Smart Money Trend signal show for TVRD?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added TVRD 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 TVRD?

Slight buying edge — 52% buying: Last quarter: 34 funds bought or added vs 31 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 TVRD holders?

Strong quality — 36% AUM from major funds: 21 of 65 holders rank in the top 100 by AUM, accounting for 36% 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 TVRD?

Mostly new holders — 49% entered in last year: Only 3 funds (5%) 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.

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.

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Tvardi Therapeutics Inc (TVRD)

Smart Money Signals — TVRD

Buying streak — 1 quarter in a row

At the ownership peak (100% of max)

Fast accumulation — +6400% more funds vs a year ago

Slight buying edge — 52% buying

Steady new buyers — ~16 new funds per quarter

Mostly new holders — 49% entered in last year

Buying through price weakness — shares -5%, value -30%

Peak discovery — momentum slowing

Early stage — 94% of holders entered in last year

Strong quality — 36% AUM from major funds

Institutional Sentiment Summary — TVRD

Hedge Fund Ownership: TVRD

Market Analysis: TVRD

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: TVRD

Hedge Fund Positioning: TVRD

Statistics: TVRD

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Tvardi Therapeutics Inc (TVRD)

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