Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

First Tr Exchng Traded Fd VI (BUFS)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -3
Streak
1Q ▼
Buyers last Q
65%

Smart Money Signals — BUFS

Based on 47 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their BUFS positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 94% of 2.2Y peak

94% of all-time peak
47 funds currently hold this stock — 94% of the 2.2-year high of 50 funds (reached 2026 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +68% more funds vs a year ago

fund count last 6Q
+19 new funds entered over the past year (+68% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 65% buying

31 buying17 selling
Last quarter: 31 funds were net buyers (3 opened a brand new position + 28 added to an existing one). Only 17 were sellers (11 trimmed + 6 sold completely). A clear majority buying is a strong confirmation signal.
⚠️

Fewer new buyers each quarter (-11 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 8 → 11 → 14 → 3. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔄

Mostly new holders — 40% entered in last year

■ 0% conviction (2yr+) ■ 60% medium ■ 40% new
Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💰

Value +56% but shares only +5% — price-driven

Value
+56%
Shares
+5%
Last quarter: the total dollar value of institutional holdings rose +56%, but actual share count only changed +5%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~3 new funds/quarter

7 → 8 → 11 → 14 → 3 new funds/Q
New funds entering each quarter: 8 → 11 → 14 → 3. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱

Early stage — 57% of holders entered in last year

■ 0% veterans ■ 43% 1-2yr ■ 57% new
Of 47 current holders: 27 (57%) entered in the past year, only 0 (0%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
📋

Smaller funds dominant — 18% AUM from top-100

18% from top-100 AUM funds
4 of 47 holders rank in the top 100 by AUM, but together hold only 18% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.7
out of 10
Moderate Exit Risk
Exit risk score 4.7/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 — BUFS

In 2026 Q2, 31 hedge funds were net buyers of BUFS (3 opened a new position, 28 added to an existing one), while 17 reduced or exited (11 trimmed, 6 sold completely) — a 65% buyer ratio, indicating clear institutional accumulation. Net fund flow last quarter: -3 funds (more exits than new entries). Total institutional holders: 47.

Hedge Fund Ownership: BUFS

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

Market Analysis: BUFS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BUFS

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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.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.7
/ 10
conviction
Hedge Fund Positioning: BUFS
47 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 47 50 -6.0%
13F Shares 5M 5M 5.33%
Total Value $130M $83M 56.35%
New Positions 3 14 -11
Increased Positions 28 26 +2
Closed Positions 6 4 +2
Reduced Positions 11 9 +2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BUFS

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Institutional Holders (2026 Q2)

47 + investors

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

QUARTER:
Top 25 BUFS holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Centennial Wealth Advisory LLC 2.53% 466,197 $11.7M
2 Winnacle Wealth LLC 0.34% 19,676 $494K
3 World Equity Group, INC. 0.32% 57,634 $1.4M
4 Capasso Planning Partners LLC 0.27% 21,882 $549K
5 Keystone Wealth Services, LLC 0.20% 42,142 $1.1M
6 AssuredPartners Investment Advisors, LLC 0.18% 73,676 $1.8M
7 Geneos Wealth Management Inc. 0.17% 335,044 $8.4M
8 ODonnell Financial Services, LLC 0.13% 17,554 $440K
9 DHJJ Financial Advisors, Ltd. 0.13% 17,622 $442K
10 Legacy Capital Wealth Partners, LLC 0.08% 17,579 $441K
11 Claro Advisors Inc. 0.07% 27,345 $686K
12 NewEdge Advisors, LLC 0.06% 824,063 $20.7M
13 Synergy Asset Management, LLC 0.05% 22,197 $557K
14 Advisory Services Network, LLC 0.05% 160,889 $4.0M
15 Kovack Advisors, Inc. 0.04% 33,931 $850K
16 Arq Wealth Advisors, LLC 0.04% 12,863 $322K
17 Independent Financial Group, LLC 0.03% 62,455 $1.6M
18 Tradition Wealth Management, LLC 0.02% 14,260 $358K
19 OneAscent Financial Services LLC 0.02% 17,903 $449K
20 Mml Investors Services, LLC 0.02% 340,159 $8.5M
21 IFP Advisors, Inc 0.01% 28,404 $713K
22 Integrated Wealth Concepts LLC 0.01% 76,469 $1.9M
23 Cetera Investment Advisers 0.01% 408,429 $10.2M
24 Osaic Holdings, INC. 0.01% 298,922 $7.5M
25 Kingsview Wealth Management, LLC 0.01% 27,478 $689K
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 — First Tr Exchng Traded Fd VI (BUFS)

What does the Smart Money Trend signal show for BUFS?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their BUFS positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for BUFS?

More buyers than sellers — 65% buying: Last quarter: 31 funds were net buyers (3 opened a brand new position + 28 added to an existing one). Only 17 were sellers (11 trimmed + 6 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for BUFS holders?

Smaller funds dominant — 18% AUM from top-100: 4 of 47 holders rank in the top 100 by AUM, but together hold only 18% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held BUFS?

Mostly new holders — 40% entered in last year: Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

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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