Top Holder Concentration Spike
Companies where the top 5 institutional holders are increasing their share of total institutional value — suggesting high-conviction accumulation by the largest holders.
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Data may be delayed and accuracy is not guaranteed. All investment decisions are solely your responsibility. Verify information independently and consult a qualified financial advisor before investing. About · Methodology
Why This Matters
Concentration among top holders signals that the most well-resourced investors — with the deepest research capabilities — are increasing their bets. Unlike broad institutional buying (which can be index-driven), concentration spikes reflect active decision-making by the largest holders. When these investors increase positions while others maintain theirs, it suggests differentiated conviction based on proprietary analysis.
0 Companies with Concentration Signals
Insider data from Form 4 filings (typically filed within 2 business days of transaction). Institutional data from 13F filings (reported quarterly, up to 45 days after quarter end). Fundamentals from 10-K/10-Q filings (quarterly). Signals are recalculated as new filings become available.
No companies currently match this signal type. Signals are recalculated regularly as new SEC filings become available.
What Is a Top Owner Concentration Spike?
A top owner concentration spike occurs when the top 5 institutional holders by value increase their share of total institutional ownership quarter-over-quarter. This means the largest, most sophisticated holders are accumulating shares faster than smaller institutions — concentrating ownership among high-conviction investors. This pattern often precedes periods of outperformance because the largest holders typically conduct the most thorough due diligence before increasing positions.
Insider trading data from SEC EDGAR Form 4 filings. Institutional holdings from quarterly 13F filings. Financial fundamentals from 10-K and 10-Q filings. All data is public domain and does not constitute investment advice.
Detection Criteria
This signal uses fact-based detection. All of the following conditions must be simultaneously true for a company to appear. Data is derived from public SEC filings and is for informational purposes only.
Top 5 holders' share of total value increased by 2+ percentage points QoQ.
At least 2 of the top 5 holders increased their positions.
All conditions must be met (AND logic). Data sources: SEC Form 4 (insider trades), 13F (institutional holdings), 10-K/10-Q (fundamentals). All data is public domain.
Other Signal Types
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Frequently Asked Questions
What are smart money signals?
Smart money signals are cross-referencing indicators that combine multiple SEC filing data sources — insider trading (Form 4), institutional holdings (13F), and financial fundamentals (10-K/10-Q) — to identify stocks where well-informed investors are acting with conviction. When insiders, institutions, and financial metrics all point in the same direction, it may indicate meaningful information about a company's prospects.
How are smart money signals calculated?
Signals are computed by combining three independent data sources from SEC EDGAR: (1) insider buying/selling from Form 4 filings (last 30 days), (2) institutional ownership changes from 13F filings (quarterly), and (3) fundamental metrics from 10-K/10-Q filings (revenue growth, profit margins). Each signal type has a score from 0-100 based on the strength and alignment of these factors.
How often are smart money signals updated?
The underlying data updates at different frequencies: insider trading data (Form 4) is typically filed within 2 business days of a transaction, institutional holdings (13F) are filed quarterly within 45 days of quarter end, and financial fundamentals update with each quarterly earnings filing. Signal calculations run regularly to incorporate the latest available data.
What does a convergence signal mean?
A convergence signal indicates that corporate insiders are buying shares, institutional investors are increasing their positions, and the company's financial fundamentals are improving — all at the same time. This triple-positive alignment from three independent sources suggests broad agreement among well-informed parties that the stock offers value.
Should I buy stocks based on smart money signals?
No. Smart money signals are informational tools, not investment recommendations. While they highlight interesting patterns in SEC filing data, they should be one of many inputs in your research process. Insider selling can have innocent explanations, institutional moves may lag reality by 45+ days, and past patterns do not predict future returns. Always do your own research before making investment decisions.