The selling cluster is dominated by small-to-mid-size asset managers trimming 26-62% of positions, consistent with a cautious post-earnings stance. Monitor Q4 2026 13F filings for continuation of this trend, and watch for any insider buying that could signal a contrarian opportunity.
Executive Summary
Four asset managers trimmed POOL positions by a net $4.4M in Q3 2026, while one small buyer doubled a negligible $1K stake. The selling cluster follows POOLCORP's Q3 earnings (net sales +4% but operating income -3%, flat EPS) and suggests institutional caution on the mature-cycle slowdown in pool distribution.
Key Financial Metrics
Institutional Positions
Net institutional flow: -$4.4M
▲ Buyers (1)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Td Waterhouse Canada | DOUBLED | +266.7% | $2.0K | $1.0K |
▼ Sellers (4)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| Wealth Enhancement Advisory Services | TRIM | -62.2% | $3.6M | -$2.6M |
| Concurrent Investment Advisors | TRIM | -26.2% | $2.5M | -$1.1M |
| Hb Wealth Management | TRIM | -49.3% | $832.0K | -$515.0K |
| Farther Finance Advisors | TRIM | -57% | $221.0K | -$149.0K |
Key Facts
- 4 sellers trimmed $4.4M in aggregate; 1 buyer added only $1K
- Largest seller: Wealth Enhancement Advisory Services cut 62.2% of its position ($3.6M → $1.0M)
- Concurrent Investment Advisors trimmed 26.2% ($2.5M → $1.4M)
- Hb Wealth Management cut 49.3% ($832K → $318K)
- Farther Finance Advisors trimmed 57.0% ($221K → $72K)
- Q3 2026 earnings showed net sales +4% to $1.5B but operating income -3% and net income -3%
Financial Impact
4 institutions sold a net $4.4M in POOL shares during Q3 2026, while 1 institution added $1K
Risk Factors
- 13F data is 45+ days stale; positions may have been unwound or reversed since quarter-end
- All sellers are asset managers, not hedge funds or activists — signal reflects routine portfolio rebalancing, not a thesis break
- The sole buyer is a tiny $2K position, providing no meaningful bullish counterweight
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-POOL-2026-Q3 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 4d ago | Institutional Cluster | $199.08 $195.23 | ▲ +1.93% | ▲ +2.64% | No price |
Oct 22, 2026 5d ago | 8-K | $197.21 $199.08 | ▲ +0.95% | ▲ +1.47% | No price |
Oct 22, 2026 5d ago | Press Release | $197.21 $199.08 | ▲ +0.95% | ▲ +1.47% | No price |
Oct 9, 2026 18d ago | 8-K | $158.71 $160.60 | ▲ +1.19% | ▲ +1.20% | No price |
Sep 10, 2026 6w ago | Institutional Cluster | $175.76 $173.04 | ▼ −1.55% | ▼ −2.40% | No price |
May 7, 2026 24w ago | Insider Cluster | $190.33 $187.52 | ▼ −1.48% | ▼ −2.31% | No price |
May 4, 2026 25w ago | 8-K | $186.76 $187.88 | ▲ +0.60% | ▼ −0.79% | No price |
Apr 23, 2026 26w ago | 8-K | $227.69 $231.51 | ▲ +1.68% | ▲ +0.89% | No price |
Apr 23, 2026 26w ago | Press Release | $227.69 $231.51 | ▲ +1.68% | ▲ +0.89% | No price |
Feb 25, 2026 34w ago | 8-K | $222.44 $226.37 | ▲ +1.77% | ▲ +2.22% | No price |
US Market Status
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