Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Global X Fds (BUG)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +27
Streak
2Q ▲
Buyers last Q
56%

Smart Money Signals — BUG

Based on 223 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added BUG 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
223 hedge funds hold BUG 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 — +8% more funds vs a year ago

fund count last 6Q
+17 new funds entered over the past year (+8% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 56% buying

129 buying102 selling
Last quarter: 129 funds bought or added vs 102 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.
📈

More new buyers each quarter (+21 vs last Q)

new funds entering per quarter
Funds opening a new BUG position: 27 → 31 → 42 → 63. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

46% of holders stayed for 2+ years

■ 46% conviction (2yr+) ■ 24% medium ■ 30% new
103 out of 223 hedge funds have held BUG 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.
💰

Value +45% but shares only +14% — price-driven

Value
+44%
Shares
+14%
Last quarter: the total dollar value of institutional holdings rose +45%, but actual share count only changed +14%. 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.
🚀

Acceleration phase — new buyers rushing in

52 → 27 → 31 → 42 → 63 new funds/Q
New funds entering each quarter: 27 → 31 → 42 → 63. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 51% veterans vs 36% newcomers

■ 51% veterans ■ 13% 1-2yr ■ 36% new
Entry-cohort mix of 229 holders: 117 (51%) are 2+ year veterans, 30 entered 1–2 years ago, and 82 (36%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 35% AUM from major funds

35% from top-100 AUM funds
23 of 220 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — 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 — BUG

In 2026 Q2, 129 hedge funds were net buyers of BUG (63 opened a new position, 66 added to an existing one), while 102 reduced or exited (66 trimmed, 36 sold completely) — a 56% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 35% of total institutional value in BUG is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +27 funds (more new holders than closures). Total institutional holders: 223.

Hedge Fund Ownership: BUG

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

Market Analysis: BUG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BUG

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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.

7 top-rated funds 1 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
1.8
/ 10
conviction
Hedge Fund Positioning: BUG
220 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 220 196 12.24%
13F Shares 18M 16M 14.18%
Total Value $504M $349M 44.72%
New Positions 63 42 +21
Increased Positions 63 66 -3
Closed Positions 36 38 -2
Reduced Positions 65 56 +9
Total Calls 5 6 -16.67%
Total Puts 4 5 -20.0%
PUT/CALL Ratio 0.8 0.83 Neutral

Statistics: BUG

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Institutional Holders (2026 Q2)

220 + investors

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

QUARTER:
Top 25 BUG holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Moss Adams Wealth Advisors LLC 4.11% 1,724,031 $65.8M
2 Farrow Financial, Inc. 1.42% 69,862 $2.7M
3 Cassady Wealth & Retirement Planning, LLC 1.42% 79,830 $3.0M
4 Waycross Investment Management Co 1.22% 41,820 $1.6M
5 TigerOak Management, L.L.C. 1.07% 100,071 $3.8M
6 Biltmore Family Office, LLC 1.06% 210,707 $8.0M
7 Spectrum Strategic Capital Management, LLC 0.66% 35,082 $1.3M
8 Hamilton Capital, LLC 0.63% 332,880 $12.7M
9 NCM Capital Management, LLC 0.50% 42,816 $1.6M
10 Phoenix Wealth Advisors 0.39% 30,258 $1.2M
11 Capital Asset Advisory Services LLC 0.37% 266,971 $10.2M
12 Integras Partners LLC 0.34% 16,175 $618K
13 Diversify Advisory Services, LLC 0.33% 519,309 $19.7M
14 Diversify Wealth Management, LLC 0.33% 519,309 $19.7M
15 Joseph P. Lucia & Associates, LLC 0.32% 28,065 $1.1M
16 Midwest Financial Group LLC 0.30% 22,585 $863K
17 First Interstate Bank 0.30% 150,305 $5.7M
18 Sterling Investment Counsel, LLC 0.26% 29,212 $1.1M
19 O'ROURKE & COMPANY, Inc 0.23% 17,568 $671K
20 OMNI 360 Wealth, Inc. 0.20% 11,456 $438K
21 Accel Wealth Management 0.20% 22,809 $871K
22 Nautilus Advisors LLC 0.19% 8,375 $330K
23 Lionhunter Capital Management, LLC 0.17% 10,000 $382K
24 Axxcess Wealth Management, LLC 0.16% 265,798 $10.2M
25 Gts Securities LLC 0.13% 157,233 $6.0M
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 — Global X Fds (BUG)

What does the Smart Money Trend signal show for BUG?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added BUG 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 BUG?

Slight buying edge — 56% buying: Last quarter: 129 funds bought or added vs 102 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 BUG holders?

Strong quality — 35% AUM from major funds: 23 of 220 holders rank in the top 100 by AUM, accounting for 35% 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 BUG?

46% of holders stayed for 2+ years: 103 out of 223 hedge funds have held BUG 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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