FMB β€” FIRST TR EXCH TRADED FD III

Ownership history in EdgeRock Capital LLC  Β·  14 quarters on record

This page tracks every 13F SEC filing in which EdgeRock Capital LLC reported a position in FIRST TR EXCH TRADED FD III (FMB). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
5.53% (2022 Q3)
πŸ“Š Avg. % of fund
2.38%
πŸ“… First filed
2022 Q2
πŸ“… Last filed
2025 Q4
⏱ Quarters held
14

Position Intelligence

EdgeRock Capital LLC Γ— FMB AI Analytics

πŸ“‰ EdgeRock Capital LLC underperformed the S&P 500 by –16.8% annually on this FMB position. Timing score: 38% (5/13 decisions correct). Average cost basis: $45.71. Maximum drawdown during holding period: –3.1%.

πŸ“ˆ Position Alpha vs SPY
-16.8%
annualised excess return

❌ Significantly underperformed the S&P 500 by 16.8% ann.
13 quarters analyzed

⏱️ Timing Score
38%

⚠️ Poor timing β€” buys often preceded drops, trims preceded rallies.
5 of 13 add/trim decisions correct

πŸ’° Entry Quality
$45.71
+11.2% vs current ($50.83)

Best entry: $45.05 (2022 Q2)  Β·  Worst: $50.83 (2025 Q4)

πŸ›‘οΈ Drawdown Resilience
–3.1%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
43%
buy-side decisions

6 adds Β· 8 trims. Bought during 2 of 4 down-price quarters. πŸ“‰ Predominantly trimming β€” distribution phase.

πŸ“‘ Position Trajectory
↓ Shrinking
last 4–5 quarters trend

πŸ“‰ Portfolio weight has been declining in recent quarters. Possible distribution phase.
Currently 0.99% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    FMB price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 ADDED 72,601 +1,359 +1.9% 0.99% $3.7M $50.83
2025 Q3 ADDED 71,242 +4,525 +6.8% 1.01% $3.6M $49.97
2025 Q2 ADDED 66,717 +6,332 +10.5% 1.05% $3.3M $48.67
2025 Q1 ADDED 60,385 +18,100 +42.8% 2.17% $3.0M $48.84
2024 Q4 REDUCED 42,285 -1,403 -3.2% 1.41% $2.2M $49.00
2024 Q3 REDUCED 43,688 -2,142 -4.7% 1.60% $2.3M $49.51
2024 Q2 REDUCED 45,830 -3,856 -7.8% 1.81% $2.3M $48.27
2024 Q1 REDUCED 49,686 -1,955 -3.8% 2.03% $2.6M $48.16
2023 Q4 REDUCED 51,641 -53,020 -50.7% 1.94% $2.7M $48.07
2023 Q2 REDUCED 104,661 -2,784 -2.6% 2.57% $5.3M $46.43
4 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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