Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

WATERDROP INC (WDH)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +8
Streak
3Q ▲
Buyers last Q
61%

Smart Money Signals — WDH

Based on 35 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added WDH 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
35 hedge funds hold WDH 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 — +169% more funds vs a year ago

fund count last 6Q
+22 new funds entered over the past year (+169% 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. The peak was reached in just 3 quarters from the low — a sharp move.
🟢

More buyers than sellers — 61% buying

19 buying12 selling
Last quarter: 19 funds were net buyers (13 opened a brand new position + 6 added to an existing one). Only 12 were sellers (7 trimmed + 5 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~13 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 2 → 14 → 13 → 13. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 57% entered in last year

■ 11% conviction (2yr+) ■ 31% medium ■ 57% new
Only 4 funds (11%) 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.
📈

Growing discovery — still being found

7 → 2 → 14 → 13 → 13 new funds/Q
New funds entering each quarter: 2 → 14 → 13 → 13. A growing number of institutions are discovering WDH each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🌱

Early stage — 57% of holders entered in last year

■ 40% veterans ■ 3% 1-2yr ■ 57% new
Of 35 current holders: 20 (57%) entered in the past year, only 14 (40%) 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.
📋

Smaller funds dominant — 16% AUM from top-100

16% from top-100 AUM funds
8 of 35 holders rank in the top 100 by AUM, but together hold only 16% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
6.4
out of 10
Moderate Exit Risk
Exit risk score 6.4/10 — 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.

Institutional Sentiment Summary — WDH

In 2025 Q4, 19 hedge funds were net buyers of WDH (13 opened a new position, 6 added to an existing one), while 12 reduced or exited (7 trimmed, 5 sold completely) — a 61% buyer ratio, indicating clear institutional accumulation. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +8 funds (more new holders than closures). Total institutional holders: 35.

Hedge Fund Ownership: WDH

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

Market Analysis: WDH

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: WDH

-- --

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.

2 top-rated funds 1 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
1.2
/ 10
conviction
Hedge Fund Positioning: WDH
2026 Q1 Stats Unlock in 4 days 35 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 35 27 29.63%
13F Shares 25M 13M 90.81%
Total Value $48M $25M 91.82%
New Positions 13 13 -
Increased Positions 6 8 -2
Closed Positions 5 8 -3
Reduced Positions 7 3 +4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: WDH

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
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)

35 + investors

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

QUARTER:
Top 25 institutional holders of WDH — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Boundless Plain Holdings Ltd 6.02% 11,485,432 $18.3M
2 IDG China Capital Fund III Associates L.P. 1.07% 5,729,041 $9.3M
3 IDG China Capital Fund GP III Associates Ltd. 0.41% 283,175 $459K
4 Baader Bank Aktiengesellschaft 0.20% 1,603,508 $2.6M
5 Avenir Tech Ltd 0.18% 859,202 $1.4M
6 SmartHarvest Portfolios, LLC 0.03% 47,723 $77K
7 Ethos Financial Group, LLC 0.01% 38,401 $73K
8 Virtu Financial LLC 0.00% 10,409 —
9 Centiva Capital, LP 0.00% 37,595 $61K
10 JNBA Financial Advisors 0.00% 2,808 $5K
11 MORGAN STANLEY 0.00% 3,399,027 $5.5M
12 Police & Firemen's Retirement System of New Jersey 0.00% 23,970 $39K
13 MARSHALL WACE, LLP 0.00% 199,434 $323K
14 ACADIAN ASSET MANAGEMENT LLC 0.00% 126,632 —
15 Spire Wealth Management 0.00% 5,000 $8K
16 RENAISSANCE TECHNOLOGIES LLC 0.00% 57,957 $94K
17 SBI Securities Co., Ltd. 0.00% 3,000 $5K
18 SEI INVESTMENTS CO 0.00% 24,920 $40K
19 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% 39,372 $64K
20 GOLDMAN SACHS GROUP INC 0.00% 168,213 $273K
21 RHUMBLINE ADVISERS 0.00% 15,359 $25K
22 FIRST HORIZON CORP 0.00% 250 —
23 BNP PARIBAS FINANCIAL MARKETS 0.00% 21,500 $35K
24 CITADEL ADVISORS LLC 0.00% 30,467 $49K
25 NISA INVESTMENT ADVISORS, LLC 0.00% 1,101 $2K
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 — WATERDROP INC (WDH)

What does the Smart Money Trend signal show for WDH?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added WDH 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 WDH?

More buyers than sellers — 61% buying: Last quarter: 19 funds were net buyers (13 opened a brand new position + 6 added to an existing one). Only 12 were sellers (7 trimmed + 5 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for WDH holders?

Smaller funds dominant — 16% AUM from top-100: 8 of 35 holders rank in the top 100 by AUM, but together hold only 16% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held WDH?

Mostly new holders — 57% entered in last year: Only 4 funds (11%) 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.

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.