What are hedge funds buying for the first time? New positions represent fresh investment theses — each one is a fund putting real capital behind a new idea.
Conviction Scores for new positions are based on three dimensions: portfolio commitment (weight), action intensity, and dollar magnitude. A large new position from a major fund scores higher than a small exploratory bet — look for scores above 60 for high-conviction entries.
How to read: Sort by Weight to find positions that represent a meaningful share of the fund's portfolio. Sort by Value to see the largest dollar commitments.
Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer