Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Simplify Exchange Traded Fun (CDX)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +6
Streak
11Q ▲
Buyers last Q
58%

Smart Money Signals — CDX

Based on 94 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q
For 11 consecutive quarters, more hedge funds added CDX 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
94 hedge funds hold CDX 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 — +109% more funds vs a year ago

fund count last 6Q
+49 new funds entered over the past year (+109% 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 — 58% buying

63 buying45 selling
Last quarter: 63 funds bought or added vs 45 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 (+7 vs last Q)

new funds entering per quarter
Funds opening a new CDX position: 33 → 23 → 17 → 24. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 47% entered in last year

■ 13% conviction (2yr+) ■ 40% medium ■ 47% new
Only 12 funds (13%) 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.
📊

Peak discovery — momentum slowing

29 → 33 → 23 → 17 → 24 new funds/Q
New funds entering each quarter: 33 → 23 → 17 → 24. CDX is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🌱

Early stage — 80% of holders entered in last year

■ 13% veterans ■ 7% 1-2yr ■ 80% new
Of 94 current holders: 75 (80%) entered in the past year, only 12 (13%) 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 — 17% AUM from top-100

17% from top-100 AUM funds
9 of 93 holders rank in the top 100 by AUM, but together hold only 17% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.9
out of 10
Moderate Exit Risk
Exit risk score 4.9/10 — 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 — CDX

In 2026 Q2, 63 hedge funds were net buyers of CDX (24 opened a new position, 39 added to an existing one), while 45 reduced or exited (27 trimmed, 18 sold completely) — a 58% buyer ratio, indicating a slight buying edge. This marks 11 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +6 funds (more new holders than closures). Total institutional holders: 94.

Hedge Fund Ownership: CDX

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

Market Analysis: CDX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CDX

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

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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
1.2
/ 10
conviction
Hedge Fund Positioning: CDX
93 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 93 88 5.68%
13F Shares 13M 15M -10.57%
Total Value $270M $305M -11.24%
New Positions 24 17 +7
Increased Positions 39 39 -
Closed Positions 18 14 +4
Reduced Positions 27 24 +3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: CDX

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Institutional Holders (2026 Q2)

93 + investors

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

QUARTER:
Top 25 CDX holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Park Edge Advisors, LLC 3.43% 772,287 $16.3M
2 Altiora Financial Group, LLC 1.91% 572,852 $12.1M
3 Insight Wealth Strategies, LLC 1.56% 764,328 $16.0M
4 Drive Wealth Management, LLC 1.41% 374,924 $7.9M
5 Adapt Wealth Advisors, LLC 1.39% 201,459 $4.3M
6 Independent Wealth Advisors LLC 0.88% 45,848 $968K
7 Regatta Research & Money Management 0.86% 43,300 $914K
8 Signature Estate & Investment Advisors LLC 0.74% 1,941,740 $41.0M
9 Centennial Wealth Advisory LLC 0.45% 99,052 $2.1M
10 Security National Bank 0.44% 173,368 $3.7M
11 Mosley Wealth Management 0.35% 51,665 $1.1M
12 Soltis Investment Advisors LLC 0.32% 273,003 $5.8M
13 WealthCare Asset Management, LLC 0.30% 34,128 $721K
14 BayBridge Capital Group, LLC 0.28% 25,446 $537K
15 Flagship Harbor Advisors, LLC 0.26% 318,211 $6.7M
16 Meridian Wealth Management, LLC 0.20% 314,635 $6.6M
17 Fifth Third Securities, INC. 0.20% 165,206 $3.5M
18 Advisor Resource Council 0.19% 32,003 $671K
19 Pekin Hardy Strauss, Inc. 0.18% 96,820 $2.0M
20 WCG Wealth Advisors LLC 0.13% 256,662 $5.4M
21 AE Wealth Management LLC 0.12% 1,184,163 $25.0M
22 Advisor OS, LLC 0.11% 79,922 $1.7M
23 Luminist Capital LLC 0.11% 4,666 $99K
24 Principal Securities, INC. 0.11% 432,404 $9.1M
25 Almanack Investment Partners, LLC. 0.09% 33,098 $699K
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 — Simplify Exchange Traded Fun (CDX)

What does the Smart Money Trend signal show for CDX?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added CDX 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 CDX?

Slight buying edge — 58% buying: Last quarter: 63 funds bought or added vs 45 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 CDX holders?

Smaller funds dominant — 17% AUM from top-100: 9 of 93 holders rank in the top 100 by AUM, but together hold only 17% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held CDX?

Mostly new holders — 47% entered in last year: Only 12 funds (13%) 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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