Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Western Copper & Gold Corp (WRN)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +4
Streak
9Q ▲
Buyers last Q
57%

Smart Money Signals — WRN

Based on 90 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 9 quarters in a row

last 6Q
For 9 consecutive quarters, more hedge funds added WRN 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
90 hedge funds hold WRN 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 — +73% more funds vs a year ago

fund count last 6Q
+38 new funds entered over the past year (+73% 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 — 57% buying

47 buying36 selling
Last quarter: 47 funds bought or added vs 36 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 (-13 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 16 → 11 → 29 → 16. 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.
📌

Mixed — 38% long-term, 39% new

■ 38% conviction (2yr+) ■ 23% medium ■ 39% new
Of the 90 current holders: 34 (38%) held >2 years, 21 held 1–2 years, and 35 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
🚀

Acceleration phase — new buyers rushing in

8 → 16 → 11 → 29 → 16 new funds/Q
New funds entering each quarter: 16 → 11 → 29 → 16. 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 — 40% veterans vs 42% newcomers

■ 40% veterans ■ 18% 1-2yr ■ 42% new
Entry-cohort mix of 90 holders: 36 (40%) are 2+ year veterans, 16 entered 1–2 years ago, and 38 (42%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 42% AUM from top-100 funds

42% from top-100 AUM funds
24 of 90 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in WRN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.9
out of 10
Moderate Exit Risk
Exit risk score 4.9/10 — 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 — WRN

In 2026 Q2, 47 hedge funds were net buyers of WRN (16 opened a new position, 31 added to an existing one), while 36 reduced or exited (24 trimmed, 12 sold completely) — a 57% buyer ratio, indicating a slight buying edge. This marks 9 consecutive quarters of net institutional buying — a persistent conviction signal. 42% of total institutional value in WRN is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +4 funds (more new holders than closures). Total institutional holders: 90.

Hedge Fund Ownership: WRN

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

Market Analysis: WRN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: WRN

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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.

6 top-rated funds 0 high-conviction
Consensus
3.7
/ 10
breadth
×
Elite
0.6
/ 10
conviction
Hedge Fund Positioning: WRN
90 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 90 86 4.65%
13F Shares 46M 49M -7.38%
Total Value $89M $109M -18.19%
New Positions 16 29 -13
Increased Positions 31 35 -4
Closed Positions 12 8 +4
Reduced Positions 24 11 +13
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: WRN

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Financial Highlights

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Institutional Holders (2026 Q2)

90 + investors

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

QUARTER:
Top 25 WRN holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Global Strategic Management Inc 0.76% 439,200 $987K
2 Auxano Advisors, LLC 0.21% 496,000 $1.1M
3 Waratah Capital Advisors Ltd. 0.20% 2,588,763 $5.8M
4 Wealth Management Associates, Inc. 0.15% 235,155 $527K
5 PenderFund Capital Management Ltd. 0.12% 401,445 $900K
6 MMCAP International Inc. SPC 0.06% 335,130 $751K
7 Sweeney & Michel, LLC 0.04% 60,219 $145K
8 Purpose Unlimited Inc. 0.04% 417,198 $935K
9 Tidal Investments LLC 0.03% 8,466,144 $19.0M
10 Quantbot Technologies LP 0.02% 259,580 $581K
11 Aquatic Capital Management LLC 0.02% 276,728 $620K
12 Sprott INC. 0.01% 131,830 $295K
13 Blueshift Asset Management, LLC 0.01% 15,072 $34K
14 International Assets Investment Management, LLC 0.01% 53,000 $118K
15 Walleye Capital LLC 0.01% 734,940 $1.6M
16 Gamco Investors, INC. Et Al 0.01% 279,800 $627K
17 Two Sigma Securities, LLC 0.01% 28,094 $63K
18 Prospera Financial Services Inc 0.01% 164,750 $369K
19 Quadrature Capital Ltd 0.00% 250,917 $562K
20 XTX Topco Ltd 0.00% 135,557 $304K
21 Mackenzie Financial Corp 0.00% 1,170,058 $3.7M
22 Renaissance Technologies LLC 0.00% 1,062,300 $2.4M
23 Toronto Dominion Bank 0.00% 1,218,851 $2.7M
24 Engineers Gate Manager LP 0.00% 99,353 $223K
25 Franklin Resources Inc 0.00% 5,074,200 $11.4M
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 — Western Copper & Gold Corp (WRN)

What does the Smart Money Trend signal show for WRN?

Buying streak — 9 quarters in a row: For 9 consecutive quarters, more hedge funds added WRN 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 WRN?

Slight buying edge — 57% buying: Last quarter: 47 funds bought or added vs 36 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 WRN holders?

Elite ownership — 42% AUM from top-100 funds: 24 of 90 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in WRN. 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 WRN?

Mixed — 38% long-term, 39% new: Of the 90 current holders: 34 (38%) held >2 years, 21 held 1–2 years, and 35 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

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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