The cluster is small in scale relative to COLD's $4.2B market cap and lacks insider buying, so the signal is weak. Monitor next quarter's 13F to see if the buying trend continues or reverses.
Executive Summary
Three asset managers doubled their COLD positions in Q3 2026, adding $7.6M in value, while two trimmed $2.0M. The cluster is mixed with a net buying bias but lacks insider corroboration, and the 45-day reporting lag reduces timeliness.
Key Financial Metrics
Institutional Positions
Net institutional flow: $5.6M
▲ Buyers (3)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Exchange Traded Concepts | DOUBLED | +244.7% | $11.3M | $7.6M |
| Td Waterhouse Canada | DOUBLED | +500% | $23.0K | $19.0K |
| Assetmark | DOUBLED | +147.6% | $31.0K | $17.0K |
▼ Sellers (2)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| Swedbank Ab | TRIM | -28.3% | $4.7M | -$1.7M |
| Nisa Investment Advisors | TRIM | -72.1% | $373.0K | -$281.0K |
Key Facts
- 3 buyers (Exchange Traded Concepts, Td Waterhouse Canada, Assetmark) all doubled their holdings, adding $7.6M in aggregate
- 2 sellers (Swedbank Ab, Nisa Investment Advisors) trimmed $2.0M in aggregate
- Net institutional flow: +$5.6M (buying minus selling)
- No open-market insider buying in the window (confluence score 12/100)
- 13F data is as of Q3 2026 quarter-end, filed with a 45-day lag
Financial Impact
3 institutions accumulated $7.6M in new positions while 2 reduced holdings by $2.0M, for a net inflow of $5.6M
Risk Factors
- 13F data is stale (45-day lag); positions may have been unwound since quarter-end
- All participants are asset managers, not activist or event-driven funds, reducing signal intensity
- No insider buying corroboration weakens conviction
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-COLD-2026-Q3 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 28, 2026 1d ago | Institutional Cluster | $14.09 | awaiting T+60 | awaiting T+60 | No price |
Oct 5, 2026 24d ago | Press Release | $14.05 | awaiting T+60 | awaiting T+60 | No price |
Aug 31, 2026 8w ago | 8-K | $14.74 | awaiting T+60 | awaiting T+60 | No price |
Aug 31, 2026 8w ago | 8-K | $14.74 | awaiting T+60 | awaiting T+60 | No price |
Jul 23, 2026 14w ago | 8-K | $14.10 $13.92 | ▲ +1.28% | ▲ +5.83% | No price |
Jul 8, 2026 16w ago | Press Release | $15.72 $13.81 | ▼ −12.15% | ▼ −14.64% | No price |
Jun 1, 2026 21w ago | 8-K | $15.33 $15.49 | ▲ +1.08% | ▲ +0.11% | No price |
May 21, 2026 23w ago | Press Release | $14.32 $14.50 | ▲ +1.29% | ▼ −2.74% | No price |
May 7, 2026 25w ago | 8-K | $14.96 $14.09 | ▲ +5.78% | ▲ +7.90% | No price |
May 7, 2026 25w ago | 8-K | $14.96 $14.09 | ▼ −5.78% | ▼ −7.90% | No price |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers