Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Walker & Dunlop Inc (WD)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -24
Streak
4Q ▼
Buyers last Q
48%

Smart Money Signals — WD

Based on 250 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds reduced or closed their WD 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 — 86% of 3.0Y peak

86% of all-time peak
250 funds currently hold this stock — 86% of the 3.0-year high of 291 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 14% fewer funds vs a year ago

fund count last 6Q
41 fewer hedge funds hold WD compared to a year ago (-14% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 48% buying

133 buying145 selling
Last quarter: 145 funds reduced or exited vs 133 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.
⚠️

Fewer new buyers each quarter (-9 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 40 → 42 → 47 → 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.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 19% medium ■ 17% new
160 out of 250 hedge funds have held WD 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.
💎

Buying through price weakness — shares +5%, value -25%

Value
-25%
Shares
+4%
Last quarter: funds added +5% more shares while total portfolio value only changed -25%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~38 new funds/quarter

54 → 40 → 42 → 47 → 38 new funds/Q
New funds entering each quarter: 40 → 42 → 47 → 38. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 68% veterans vs 22% newcomers

■ 68% veterans ■ 11% 1-2yr ■ 22% new
Entry-cohort mix of 256 holders: 173 (68%) are 2+ year veterans, 27 entered 1–2 years ago, and 56 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 41% AUM from top-100 funds

41% from top-100 AUM funds
47 of 250 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in WD. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.8
out of 10
Low Exit Risk
Exit risk score 2.8/10 — 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 — WD

In 2026 Q1, 133 hedge funds were net buyers of WD (38 opened a new position, 95 added to an existing one), while 145 reduced or exited (83 trimmed, 62 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. This extends a 4-quarter selling streak, suggesting sustained institutional caution. 41% of total institutional value in WD is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -24 funds (more exits than new entries). Total institutional holders: 250.

Hedge Fund Ownership: WD

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

Market Analysis: WD

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: WD

-- --

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

Is It Too Late to Buy Walker & Dunlop Inc (WD) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much WD has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 85d ago
WD
+19.1%
XLF
+8.8%

WD outperformed XLF by +10.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 40d ago
WD
+3.4%
XLF
+5.1%

Since the filing became public, WD outperformed XLF by -1.7% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

22 top-rated funds 0 high-conviction
Consensus
5.9
/ 10
breadth
×
Elite
0.8
/ 10
conviction
Hedge Fund Positioning: WD
249 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 249 274 -9.12%
13F Shares 29M 28M 4.76%
Total Value $1.23B $1.65B -25.21%
New Positions 37 47 -10
Increased Positions 95 96 -1
Closed Positions 62 50 +12
Reduced Positions 80 103 -23
Total Calls 5 2 150.0%
Total Puts 1 2 -50.0%
PUT/CALL Ratio 0.2 1.0 Bullish

Statistics: WD

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Valuation Measures Data as of: --

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Enterprise Value --
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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

249 + investors

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

QUARTER:
Top 25 WD holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Conversant Capital LLC 3.34% 560,316 $24.9M
2 Gratia Capital, LLC 2.93% 150,000 $6.7M
3 Gratia Capital, LLC 2.21% 113,000 $5.0M
4 RPg Family Wealth Advisory, LLC 1.19% 127,992 $5.7M
5 Steinberg Asset Management LLC 0.87% 30,334 $1.3M
6 Gumshoe Capital Management LLC 0.76% 21,112 $937K
7 Deprince Race & Zollo Inc 0.61% 728,463 $32.3M
8 Kathmere Capital Management, LLC 0.38% 138,401 $6.1M
9 Carson Advisory Inc. 0.30% 13,125 $582K
10 Verdence Capital Advisors LLC 0.29% 113,257 $5.0M
11 Royce & Associates LP 0.27% 620,918 $27.6M
12 Nfj Investment Group, LLC 0.26% 152,987 $6.8M
13 GatePass Capital, LLC 0.25% 12,313 $546K
14 Synergy Financial Group, LTD 0.25% 7,494 $333K
15 Wealthedge Investment Advisors, LLC 0.23% 13,940 $619K
16 Dempze Nancy E 0.18% 7,300 $324K
17 Numerai GP LLC 0.16% 35,730 $1.6M
18 New Age Alpha Advisors, LLC 0.14% 66,302 $2.9M
19 Davidson Kahn Capital Management, LLC 0.12% 5,130 $226K
20 Almitas Capital LLC 0.12% 11,600 $515K
21 Shufro Rose & Co LLC 0.11% 36,347 $1.6M
22 Crawford Investment Counsel Inc 0.10% 133,688 $5.9M
23 Erste Asset Management GmbH 0.10% 250,162 $10.9M
24 Alyeska Investment Group, L.P. 0.07% 535,451 $23.8M
25 EntryPoint Capital, LLC 0.06% 4,906 $218K
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 — Walker & Dunlop Inc (WD)

What does the Smart Money Trend signal show for WD?

Selling streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds reduced or closed their WD 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 WD?

More sellers than buyers — 48% buying: Last quarter: 145 funds reduced or exited vs 133 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 WD holders?

Elite ownership — 41% AUM from top-100 funds: 47 of 250 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in WD. 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 WD?

64% of holders stayed for 2+ years: 160 out of 250 hedge funds have held WD 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.

Is it too late to buy Walker & Dunlop Inc (WD) following the 2026 Q1 hedge fund 13F filings?

As of today, WD has moved +3.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.1% for the XLF sector ETF — an outperformance of -1.7%. Since the quarter end (March 31, 2026), WD has gained +19.1% vs +8.8% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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