Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Vanda Pharmaceuticals Inc (VNDA)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -3
Streak
1Q ▼
Buyers last Q
53%

Smart Money Signals — VNDA

Based on 166 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their VNDA 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 — 94% of 3.0Y peak

94% of all-time peak
166 funds currently hold this stock — 94% of the 3.0-year high of 177 funds (reached 2023 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +19% more funds vs a year ago

fund count last 6Q
+27 new funds entered over the past year (+19% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 53% buying

96 buying84 selling
Last quarter: 96 funds bought or added vs 84 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 (-21 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 22 → 30 → 50 → 29. 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.
🔒

58% of holders stayed for 2+ years

■ 58% conviction (2yr+) ■ 21% medium ■ 21% new
96 out of 166 hedge funds have held VNDA 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.
🚀

Acceleration phase — new buyers rushing in

19 → 22 → 30 → 50 → 29 new funds/Q
New funds entering each quarter: 22 → 30 → 50 → 29. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 68% veterans vs 23% newcomers

■ 68% veterans ■ 9% 1-2yr ■ 23% new
Entry-cohort mix of 170 holders: 115 (68%) are 2+ year veterans, 16 entered 1–2 years ago, and 39 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 59% AUM from top-100 funds

59% from top-100 AUM funds
43 of 166 holders are among the 100 largest funds by AUM, controlling 59% of total institutional value in VNDA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
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 — VNDA

In 2026 Q2, 96 hedge funds were net buyers of VNDA (29 opened a new position, 67 added to an existing one), while 84 reduced or exited (52 trimmed, 32 sold completely) — a 53% buyer ratio, indicating a slight buying edge. 59% of total institutional value in VNDA is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -3 funds (more exits than new entries). Total institutional holders: 166.

Hedge Fund Ownership: VNDA

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

Market Analysis: VNDA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: VNDA

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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.

11 top-rated funds 0 high-conviction
Consensus
4.7
/ 10
breadth
×
Elite
0.7
/ 10
conviction
Hedge Fund Positioning: VNDA
166 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 166 169 -1.78%
13F Shares 50M 48M 4.2%
Total Value $283M $307M -7.94%
New Positions 29 50 -21
Increased Positions 66 61 +5
Closed Positions 32 35 -3
Reduced Positions 51 38 +13
Total Calls 2 3 -33.33%
Total Puts 2 2 -
PUT/CALL Ratio 1.0 0.67 Neutral

Statistics: VNDA

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Institutional Holders (2026 Q2)

166 + investors

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

QUARTER:
Top 25 VNDA holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Lionhunter Capital Management, LLC 1.10% 400,245 $2.4M
2 AIGH Capital Management LLC 0.79% 2,044,169 $12.5M
3 Monaco Asset Management SAM 0.11% 221,286 $1.4M
4 Diker Management LLC 0.10% 21,880 $134K
5 Y-Intercept (Hong Kong) Ltd 0.04% 294,131 $1.8M
6 Inscription Capital, LLC 0.03% 63,878 $391K
7 Renaissance Technologies LLC 0.03% 3,441,361 $21.1M
8 Jacobs Levy Equity Management, Inc 0.03% 1,213,326 $7.4M
9 Kennedy Capital Management LLC 0.03% 234,793 $1.4M
10 Susquehanna Portfolio Strategies, LLC 0.02% 237,184 $1.5M
11 Ieq Capital, LLC 0.01% 282,779 $1.7M
12 Essential Partners LLC 0.01% 2,809 $17K
13 Martingale Asset Management L P 0.01% 52,343 $320K
14 Aqr Capital Management LLC 0.01% 3,497,695 $21.4M
15 Los Angeles Capital Management LLC 0.01% 303,101 $1.9M
16 WINTON GROUP Ltd 0.01% 33,800 $207K
17 Federated Hermes, INC. 0.01% 714,278 $4.4M
18 Two Sigma Investments, LP 0.01% 1,349,072 $8.3M
19 Marshall Wace, LLP 0.01% 1,225,996 $7.5M
20 Syon Capital LLC 0.01% 20,401 $125K
21 Profund Advisors LLC 0.01% 32,103 $196K
22 Jefferies Financial Group Inc. 0.00% 122,427 $749K
23 Trexquant Investment LP 0.00% 121,091 $741K
24 Entropy Technologies, LP 0.00% 17,087 $105K
25 Qube Research & Technologies Ltd 0.00% 729,212 $4.5M
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 — Vanda Pharmaceuticals Inc (VNDA)

What does the Smart Money Trend signal show for VNDA?

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

Slight buying edge — 53% buying: Last quarter: 96 funds bought or added vs 84 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 VNDA holders?

Elite ownership — 59% AUM from top-100 funds: 43 of 166 holders are among the 100 largest funds by AUM, controlling 59% of total institutional value in VNDA. 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 VNDA?

58% of holders stayed for 2+ years: 96 out of 166 hedge funds have held VNDA 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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