Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Pacer Fds Tr (BUL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +3
Streak
6Q ▲
Buyers last Q
57%

Smart Money Signals — BUL

Based on 50 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 6 quarters in a row

last 6Q
For 6 consecutive quarters, more hedge funds added BUL 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
50 hedge funds hold BUL 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.
🚀

Fast accumulation — +47% more funds vs a year ago

fund count last 6Q
+16 new funds entered over the past year (+47% 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.
🟡

Slight buying edge — 57% buying

27 buying20 selling
Last quarter: 27 funds bought or added vs 20 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 — ~10 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 8 → 8 → 12 → 10. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌

Mixed — 30% long-term, 36% new

■ 30% conviction (2yr+) ■ 34% medium ■ 36% new
Of the 50 current holders: 15 (30%) held >2 years, 17 held 1–2 years, and 18 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
➡️

Steady discovery — ~10 new funds/quarter

5 → 8 → 8 → 12 → 10 new funds/Q
New funds entering each quarter: 8 → 8 → 12 → 10. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 40% veterans vs 44% newcomers

■ 40% veterans ■ 16% 1-2yr ■ 44% new
Entry-cohort mix of 50 holders: 20 (40%) are 2+ year veterans, 8 entered 1–2 years ago, and 22 (44%) 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
8 of 49 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.
4.5
out of 10
Moderate Exit Risk
Exit risk score 4.5/10 — 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 — BUL

In 2026 Q1, 27 hedge funds were net buyers of BUL (10 opened a new position, 17 added to an existing one), while 20 reduced or exited (13 trimmed, 7 sold completely) — a 57% buyer ratio, indicating a slight buying edge. This marks 6 consecutive quarters of net institutional buying — a persistent conviction signal. 31% of total institutional value in BUL 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: 50.

Hedge Fund Ownership: BUL

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

Market Analysis: BUL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BUL

-- --

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

Is It Too Late to Buy Pacer Fds Tr (BUL) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BUL has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
BUL
+9.4%
SPY
+15.9%

BUL outperformed SPY by -6.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
BUL
+3.4%
SPY
+2.0%

Since the filing became public, BUL outperformed SPY by +1.4% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

4 top-rated funds 1 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.8
/ 10
conviction
Hedge Fund Positioning: BUL
50 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 50 47 6.38%
13F Shares 2M 1M 4.88%
Total Value $78M $79M -0.83%
New Positions 10 12 -2
Increased Positions 17 16 +1
Closed Positions 7 6 +1
Reduced Positions 13 13 -
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BUL

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Valuation Measures Data as of: --

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Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

50 + investors

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

QUARTER:
Top 25 BUL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 BNB Wealth Management, LLC 2.17% 62,516 $3.4M
2 Northbridge Financial Group, LLC 0.90% 36,886 $2.1M
3 Wbi Investments, LLC 0.56% 37,832 $2.0M
4 Oxbow Advisors, LLC 0.28% 61,547 $3.3M
5 Maridea Wealth Management LLC 0.12% 15,418 $833K
6 Modern Wealth Management, LLC 0.07% 69,422 $3.8M
7 Pacer Advisors, Inc. 0.04% 309,025 $16.7M
8 Harbour Investments, INC. 0.02% 28,858 $1.6M
9 Kingswood Wealth Advisors, LLC 0.02% 8,806 $476K
10 DAVENPORT & Co LLC 0.02% 65,595 $3.5M
11 Gladstone Institutional Advisory LLC 0.02% 8,882 $480K
12 PFG Advisors 0.01% 4,298 $232K
13 HighPoint Advisor Group LLC 0.01% 4,896 $265K
14 Savvy Advisors, Inc. 0.01% 6,942 $375K
15 Mml Investors Services, LLC 0.01% 63,032 $3.4M
16 Innovative Asset Advisors Group, LLC 0.01% 268 $14K
17 IHT Wealth Management, LLC 0.01% 6,432 $348K
18 Independent Financial Group, LLC 0.01% 4,765 $258K
19 Kestra Advisory Services, LLC 0.00% 19,903 $1.1M
20 LPL Financial LLC 0.00% 276,222 $14.9M
21 Integrated Wealth Concepts LLC 0.00% 5,136 $278K
22 Osaic Holdings, INC. 0.00% 24,704 $1.3M
23 Envestnet Asset Management Inc 0.00% 115,617 $6.3M
24 Raymond James Financial Inc 0.00% 95,749 $5.2M
25 Cetera Investment Advisers 0.00% 26,136 $1.4M
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 — Pacer Fds Tr (BUL)

What does the Smart Money Trend signal show for BUL?

Buying streak — 6 quarters in a row: For 6 consecutive quarters, more hedge funds added BUL 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 BUL?

Slight buying edge — 57% buying: Last quarter: 27 funds bought or added vs 20 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 BUL holders?

Strong quality — 31% AUM from major funds: 8 of 49 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 BUL?

Mixed — 30% long-term, 36% new: Of the 50 current holders: 15 (30%) held >2 years, 17 held 1–2 years, and 18 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Is it too late to buy Pacer Fds Tr (BUL) following the 2026 Q1 hedge fund 13F filings?

As of today, BUL has moved +3.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of +1.4%. Since the quarter end (March 31, 2026), BUL has gained +9.4% vs +15.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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