13FPulse
FL

FLNC FLUENCE ENERGY INC

2026Q2 · CUSIP 34379V103 · Solar & Clean Energy · Sector: Technology

Piling in

Net holder growth ranks near the top of the market

Funds that own it
293
Institutions that reported holding it to the SEC
Net increase in holders
+36
Last quarter 257 → now 293
How unusual is that
Top 10%
Stronger buying than 92% of US stocks
What the filings say, in one paragraph

293 funds held FLNC at the end of 2026Q2, up 36 from the quarter before. That is stronger buying than 91.8% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $2.6B(YoY +7.5%), return on equity is -21.7%. FLNC has had 8 buying rushes in its history, and the price moved -7.6% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Technology sector, tagged Solar & Clean Energy.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2022Q1: holders=113 2022Q2: holders=123 2022Q3: holders=127 2022Q4: holders=150 2023Q1: holders=163 2023Q2: holders=188 2023Q3: holders=184 2023Q4: holders=213 2024Q1: holders=199 2024Q2: holders=224 2024Q3: holders=233 2024Q4: holders=247 2025Q1: holders=227 2025Q2: holders=213 2025Q3: holders=248 2025Q4: holders=261 2026Q1: holders=257 2026Q2: holders=293 -36 -18 +0 +18 +36 101205308 22Q122Q323Q123Q324Q124Q325Q125Q326Q126Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 8 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 10%
2025Q3 Top 10% -3.9% +9.9%
2024Q2 Top 10% +21.9% -60.3%
2023Q4 Top 20% -4.4% -6.0%
2023Q2 Top 10% -17.0% -10.4%
2023Q1 Top 20% -9.5% -17.8%
2022Q4 Top 20% +5.0% +6.8%
2022Q2 Top 20% -4.4% +24.2%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
156
Change in large funds
+28
Total value they hold
$2.5B
Funds buying for the first time
87
Funds that sold out entirely
51
Price change that quarter
-44.3%
Funds holding puts (bearish)
18
Funds holding calls (bullish)
24

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
EPS (TTM)
$-0.56
EPS YoY
Revenue (TTM)
$2.6B
Revenue YoY
+7.5%
Net margin
-3.1%
ROE
-21.7%
Debt ratio
83.5%
FCF (TTM)
-$115M
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2022-12-31: EPS -0.21 2023-03-31: EPS -0.21 2023-06-30: EPS -0.20 2023-09-30: EPS 0.02 2023-12-31: EPS -0.14 2024-03-31: EPS -0.07 2024-06-30: EPS 0.00 2024-09-30: EPS 0.34 2024-12-31: EPS -0.32 2025-03-31: EPS -0.24 2025-06-30: EPS 0.01 2025-09-30: EPS 0.18 2025-12-31: EPS -0.34 2026-03-31: EPS -0.16 2026-06-30: EPS -0.24 0B 0.6B 1.2B $B -0.37 0.00 0.37 20212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
134 145 156 202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-233M14M261M 202120222023202420252026
Latest quarter $-124M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

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2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.