The net buying is modest and dominated by active managers (Norges, American Century, Dimensional) while mega-passive sellers (Vanguard, Geode) are reducing — this divergence suggests active conviction but passive de-risking. With a 0% historical win rate on POOL reports and no insider buying, treat this cluster as a weak signal. Monitor next earnings for fundamental catalyst; the stock's persistent negative drift (avg -9.71% T+20 across prior reports) suggests fading any bullish read.
Executive Summary
A mixed institutional cluster in POOL CORP for 2026-Q2 shows 60 buyers adding $296.6M in new positions (led by Norges Bank's new $88.6M stake and American Century's $103.4M addition) against 50 sellers reducing $225.7M (led by Vanguard Capital Management trimming $103.9M and Geode trimming $55.1M). The net $70.9M inflow is directionally positive but heavily diluted by large passive exits, and the 0% historical win rate on prior POOL reports (avg -9.71% T+20) demands caution — this cluster alone does not override the stock's persistent negative drift.
Key Financial Metrics
Institutional Positions
Net institutional flow: $70.9M
▲ Buyers (60)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Norges Bank | NEW | +0% | $88.6M | $88.6M |
| American Century Companies | DOUBLED | +2347.5% | $107.5M | $103.4M |
| Dimensional Fund Advisors | ADD | +31% | $114.0M | $32.1M |
| Goldman Sachs | ADD | +31.4% | $71.8M | $20.4M |
| Susquehanna International Group | DOUBLED | +328.6% | $25.5M | $19.9M |
▼ Sellers (50)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| Vanguard Capital Management | TRIM | -28.4% | $434.1M | -$103.9M |
| Geode | TRIM | -34.7% | $180.5M | -$55.1M |
| Millennium | TRIM | -37.2% | $93.4M | -$31.1M |
| Capital World Investors | EXIT | -100% | $16.7M | -$16.7M |
| Congress Asset Management | EXIT | -100% | $10.8M | -$10.8M |
Key Facts
- 60 buyers added $296.6M in new positions vs 50 sellers reducing $225.7M — net inflow of ~$70.9M
- Norges Bank took a new $88.6M position (412.5K shares) — largest single buyer
- American Century Companies nearly doubled its stake from $4.1M to $107.5M (+2,347.5% shares)
- Vanguard Capital Management trimmed $103.9M (28.4% of its position) — largest single seller
- Capital World Investors and Congress Asset Management fully exited positions worth $16.7M and $10.8M respectively
- No open-market insider buying corroborates the institutional cluster (confluence score 40/100, 'institutions_only')
- Historical reports on POOL have 0% win rate at T+20 with avg -9.71% return — prior bullish calls were heavily wrong
Financial Impact
Net institutional inflow of ~$70.9M (60 buyers adding $296.6M vs 50 sellers reducing $225.7M) in 2026-Q2
Risk Factors
- 13F data is 45+ days stale — positions may have already been unwound
- 0% historical win rate on POOL reports (9 settled) with avg -9.71% T+20 return — prior bullish calls were heavily wrong
- No insider buying to corroborate institutional accumulation
- Large passive sellers (Vanguard -$103.9M, Geode -$55.1M) may reflect index rebalancing, not fundamental thesis
- Score calibration shows score-4 reports have only ~48% observed probability of up-move at T+20 in this segment
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-POOL-2026-Q2 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 22d ago | Institutional Cluster | $175.76 $167.65 | ▼ −4.61% | ▼ −4.12% | — |
May 7, 2026 21w ago | Insider Cluster | $190.33 $175.37 | ▼ −7.86% | ▼ −9.37% | — |
May 4, 2026 21w ago | 8-K | $186.76 $182.10 | ▼ −2.50% | ▼ −4.48% | — |
Apr 23, 2026 23w ago | 8-K | $227.69 $209.61 | ▼ −7.94% | ▼ −9.42% | — |
Apr 23, 2026 23w ago | Press Release | $227.69 $209.61 | ▼ −7.94% | ▼ −9.42% | — |
Feb 25, 2026 31w ago | 8-K | $222.44 $217.59 | ▼ −2.18% | ▼ −1.05% | — |
Feb 23, 2026 31w ago | Insider Cluster | $218.26 $221.73 | ▲ +1.59% | ▲ +0.97% | — |
Feb 23, 2026 31w ago | Insider Cluster | $218.26 $221.73 | ▲ +1.59% | ▲ +0.97% | — |
US Market Status
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