Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Northern Lts Fd Tr IV (BLES)

76 + Investors. Track Smart Money conviction in BLES. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +3
Streak
3Q ▲
Buyers last Q
55%

Smart Money Signals — BLES

Based on 77 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added BLES than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
77 hedge funds hold BLES right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +20% more funds vs a year ago

fund count last 6Q
+13 new funds entered over the past year (+20% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 55% buying

40 buying33 selling
Last quarter: 40 funds bought or added vs 33 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~12 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 8 → 11 → 16 → 12. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 19% medium ■ 23% new
44 out of 77 hedge funds have held BLES for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

8 → 8 → 11 → 16 → 12 new funds/Q
New funds entering each quarter: 8 → 11 → 16 → 12. A growing number of institutions are discovering BLES each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 61% veterans vs 22% newcomers

■ 61% veterans ■ 17% 1-2yr ■ 22% new
Entry-cohort mix of 77 holders: 47 (61%) are 2+ year veterans, 13 entered 1–2 years ago, and 17 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 31% AUM from major funds

31% from top-100 AUM funds
9 of 77 holders rank in the top 100 by AUM, accounting for 31% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BLES

In 2026 Q2, 40 hedge funds were net buyers of BLES (12 opened a new position, 28 added to an existing one), while 33 reduced or exited (24 trimmed, 9 sold completely) — a 55% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 31% of total institutional value in BLES is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +3 funds (more new holders than closures). Total institutional holders: 77.

Hedge Fund Ownership: BLES

How many hedge funds hold BLES — quarterly history vs. share price
Quarterly hedge fund ownership of BLES vs. share price

Market Analysis: BLES

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BLES

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

4 top-rated funds 0 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.6
/ 10
conviction
Hedge Fund Positioning: BLES
76 + Investors

Track Smart Money conviction in BLES. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 76 74 2.7%
13F Shares 2M 2M -12.08%
Total Value $76M $80M -5.17%
New Positions 11 16 -5
Increased Positions 28 29 -1
Closed Positions 9 8 +1
Reduced Positions 24 18 +6
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BLES

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Institutional Holders (2026 Q2)

76 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BLES. Verified SEC 13F-HR filings.

QUARTER:
Top 25 BLES holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Carlson Financial, INC. 1.29% 51,589 $2.2M
2 Ridgeline Wealth, LLC 0.56% 20,094 $958K
3 Range Financial Group LLC 0.48% 37,034 $1.8M
4 Frontier Asset Management, LLC 0.48% 56,335 $2.7M
5 Strategic Equity Management 0.45% 28,077 $1.3M
6 Moneywise, INC. 0.42% 23,673 $1.1M
7 Turning Point Benefit Group, Inc. 0.33% 15,932 $759K
8 AlphaStar Capital Management, LLC 0.29% 94,102 $4.5M
9 Revisor Wealth Management LLC 0.25% 21,862 $1.1M
10 Inspire Advisors, LLC 0.25% 74,232 $3.5M
11 Creative Financial Designs Inc /Adv 0.24% 104,035 $5.0M
12 Sowell Financial Services LLC 0.18% 116,092 $5.5M
13 SageOak Financial, LLC 0.18% 5,719 $273K
14 Amarillo National Bank 0.13% 17,644 $841K
15 Swisher Financial Concepts, Inc. 0.11% 3,740 $178K
16 Tulsa Wealth Advisors, INC 0.09% 14,090 $672K
17 Keel Point, LLC 0.09% 32,402 $1.5M
18 Sterling Investment Advisors, Ltd. 0.09% 10,925 $521K
19 Legacy Wealth Asset Management, LLC 0.07% 6,536 $312K
20 Harvest Investment Services, LLC 0.07% 9,253 $441K
21 Inspire Investing, LLC 0.05% 25,754 $1.2M
22 OneAscent Financial Services LLC 0.05% 20,807 $992K
23 LaSalle St. Investment Advisors, LLC 0.04% 7,485 $357K
24 Vicus Capital 0.04% 13,819 $659K
25 Well Done, LLC 0.03% 4,796 $229K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Northern Lts Fd Tr IV (BLES)

What does the Smart Money Trend signal show for BLES?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added BLES than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for BLES?

Slight buying edge — 55% buying: Last quarter: 40 funds bought or added vs 33 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for BLES holders?

Strong quality — 31% AUM from major funds: 9 of 77 holders rank in the top 100 by AUM, accounting for 31% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held BLES?

57% of holders stayed for 2+ years: 44 out of 77 hedge funds have held BLES for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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