Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

XUNLEI LTD (XNET)

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

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
1Q ▼
Buyers last Q
44%

Smart Money Signals — XNET

Based on 46 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their XNET positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (96% of max)

96% of all-time peak
46 hedge funds hold XNET 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 — +39% more funds vs a year ago

fund count last 6Q
+13 new funds entered over the past year (+39% 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.
🟠

More sellers than buyers — 44% buying

24 buying31 selling
Last quarter: 31 funds reduced or exited vs 24 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.
➡️

Steady new buyers — ~11 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 14 → 21 → 15 → 11. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

46% of holders stayed for 2+ years

46% conviction (2yr+) 22% medium 33% new
21 out of 46 hedge funds have held XNET 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 -10%, value -32%

Value
-32%
Shares
-10%
Last quarter: funds added -10% more shares while total portfolio value only changed -32%. 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

15 → 14 → 21 → 15 → 11 new funds/Q
New funds entering each quarter: 14 → 21 → 15 → 11. XNET is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Deep conviction — 69% of holders stayed 2+ years

69% veterans 4% 1-2yr 27% new
Of 51 current holders: 35 (69%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 74% AUM from top-100 funds

74% from top-100 AUM funds
15 of 46 holders are among the 100 largest funds by AUM, controlling 74% of total institutional value in XNET. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.4
out of 10
Moderate Exit Risk
Exit risk score 4.4/10 — 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 — XNET

In 2026 Q1, 24 hedge funds were net buyers of XNET (11 opened a new position, 13 added to an existing one), while 31 reduced or exited (18 trimmed, 13 sold completely) — a 44% buyer ratio, indicating roughly balanced activity. 74% of total institutional value in XNET is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 46.

Hedge Fund Ownership: XNET

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

Market Analysis: XNET

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: XNET

-- --

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

Is It Too Late to Buy XUNLEI LTD (XNET) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much XNET has moved relative to its sector benchmark (XLK) 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 · 72d ago
XNET
nan%
XLK
nan%

XNET outperformed XLK by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 27d ago
XNET
nan%
XLK
nan%

Since the filing became public, XNET outperformed XLK by nan% .

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.

4 top-rated funds 0 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.0
/ 10
conviction
Hedge Fund Positioning: XNET
46 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 46 48 -4.17%
13F Shares 8M 9M -10.34%
Total Value $42M $62M -32.03%
New Positions 11 15 -4
Increased Positions 10 17 -7
Closed Positions 13 9 +4
Reduced Positions 18 13 +5
Total Calls 3 3 -
Total Puts 3 3 -
PUT/CALL Ratio 1.0 1.0 Neutral

Statistics: XNET

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

46 + investors

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

QUARTER:
Top 25 institutional holders of XNET — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Headlands Technologies LLC 0.02% 25,958 $144K
2 Connor, Clark & Lunn Investment Management Ltd. 0.01% 724,955 $4.0M
3 KINGSWOOD WEALTH ADVISORS, LLC 0.01% 24,893 $138K
4 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.00% 19,409 $108K
5 Susquehanna Portfolio Strategies, LLC 0.00% 30,375 $169K
6 ACADIAN ASSET MANAGEMENT LLC 0.00% 271,154 $2K
7 Schonfeld Strategic Advisors LLC 0.00% 53,551 $298K
8 XTX Topco Ltd 0.00% 13,397 $74K
9 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% 399,148 $2.2M
10 QRG CAPITAL MANAGEMENT, INC. 0.00% 17,200 $96K
11 GOLDMAN SACHS GROUP INC 0.00% 1,283,217 $7.1M
12 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% 44,676 $248K
13 RENAISSANCE TECHNOLOGIES LLC 0.00% 89,300 $497K
14 Trexquant Investment LP 0.00% 17,260 $96K
15 MORGAN STANLEY 0.00% 1,720,390 $9.6M
16 TWO SIGMA ADVISERS, LP 0.00% 27,600 $196K
17 GROUP ONE TRADING LLC 0.00% 30,463 $169K
18 Police & Firemen's Retirement System of New Jersey 0.00% 5,806 $32K
19 Qube Research & Technologies Ltd 0.00% 32,595 $181K
20 Bell Investment Advisors, Inc 0.00% 172
21 Allianz Asset Management GmbH 0.00% 25,425 $141K
22 UBS Group AG 0.00% 158,469 $881K
23 CITADEL ADVISORS LLC 0.00% 113,355 $630K
24 BlackRock, Inc. 0.00% 739,612 $4.1M
25 Parallel Advisors, LLC 0.00% 627 $3K
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 — XUNLEI LTD (XNET)

What does the Smart Money Trend signal show for XNET?

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

More sellers than buyers — 44% buying: Last quarter: 31 funds reduced or exited vs 24 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 XNET holders?

Elite ownership — 74% AUM from top-100 funds: 15 of 46 holders are among the 100 largest funds by AUM, controlling 74% of total institutional value in XNET. 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 XNET?

46% of holders stayed for 2+ years: 21 out of 46 hedge funds have held XNET 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 XUNLEI LTD (XNET) following the 2026 Q1 hedge fund 13F filings?

As of today, XNET has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to nan% for the XLK sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), XNET has gained nan% vs nan% for XLK. 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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