Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Ishares Tr (CMBS)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
2Q ▼
Buyers last Q
48%

Smart Money Signals — CMBS

Based on 90 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their CMBS positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (96% of max)

96% of all-time peak
90 hedge funds hold CMBS 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.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding CMBS is almost the same as a year ago (+3 funds, +3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 48% buying

42 buying46 selling
Last quarter: 46 funds reduced or exited vs 42 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~12 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 16 → 13 → 14 → 12. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 27% medium ■ 19% new
49 out of 90 hedge funds have held CMBS 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.
➡️

Steady discovery — ~12 new funds/quarter

14 → 16 → 13 → 14 → 12 new funds/Q
New funds entering each quarter: 16 → 13 → 14 → 12. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 58% veterans vs 26% newcomers

■ 58% veterans ■ 17% 1-2yr ■ 26% new
Entry-cohort mix of 90 holders: 52 (58%) are 2+ year veterans, 15 entered 1–2 years ago, and 23 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 50% AUM from top-100 funds

50% from top-100 AUM funds
17 of 89 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in CMBS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — 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 — CMBS

In 2026 Q1, 42 hedge funds were net buyers of CMBS (12 opened a new position, 30 added to an existing one), while 46 reduced or exited (32 trimmed, 14 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 50% of total institutional value in CMBS is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 90.

Hedge Fund Ownership: CMBS

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

Market Analysis: CMBS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CMBS

-- --

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

Is It Too Late to Buy Ishares Tr (CMBS) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CMBS 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 · 81d ago
CMBS
nan%
SPY
+15.1%

CMBS outperformed SPY by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 36d ago
CMBS
nan%
SPY
+1.3%

Since the filing became public, CMBS outperformed SPY by nan% .

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.

2 top-rated funds 2 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
2.1
/ 10
conviction
Hedge Fund Positioning: CMBS
90 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 90 92 -2.17%
13F Shares 7M 6M 15.6%
Total Value $344M $300M 14.42%
New Positions 12 14 -2
Increased Positions 30 38 -8
Closed Positions 14 16 -2
Reduced Positions 32 20 +12
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: CMBS

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

90 + investors

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

QUARTER:
Top 25 CMBS holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Prepared Retirement Institute LLC 6.21% — $13K
2 Arvest Investments, INC. 3.09% 465,122 $22.7M
3 Central Bank & Trust Co 1.48% 193,075 $9.4M
4 Syon Capital LLC 1.29% 527,656 $25.7M
5 Ethos Capital Management, Inc. 1.22% 29,066 $1.4M
6 Sykon Capital LLC 1.17% 72,009 $3.5M
7 Schmidt P J Investment Management Inc 0.79% 95,881 $4.7M
8 Palogic Value Management, L.P. 0.56% 27,382 $1.3M
9 Cogent Private Wealth, Inc. 0.50% 14,152 $690K
10 Hyundai Investments Co., Ltd. 0.49% 8,824 $431K
11 Insight Wealth Partners, LLC 0.48% 70,853 $3.5M
12 City Center Advisors, LLC 0.46% 10,167 $495K
13 Guidance Capital, Inc 0.38% 35,231 $1.7M
14 Rosenberg Matthew Hamilton 0.27% 27,434 $1.3M
15 Hancock Whitney Corp 0.24% 287,723 $14.1M
16 Mma Asset Management LLC 0.22% 12,846 $626K
17 Tounjian Advisory Partners, LLC 0.21% 12,186 $594K
18 Maia Wealth LLC 0.17% 20,174 $983K
19 AE Wealth Management LLC 0.14% 523,579 $25.5M
20 Ridgewood Investments LLC 0.14% 6,907 $337K
21 Krilogy Financial LLC 0.11% 72,165 $3.5M
22 Elevated Capital Advisors, LLC 0.10% 7,933 $387K
23 Heck Capital Advisors, LLC 0.09% 23,691 $1.2M
24 Arete Wealth Advisors, LLC 0.06% 16,260 $793K
25 Horizon Financial Services, LLC 0.05% 2,385 $116K
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 — Ishares Tr (CMBS)

What does the Smart Money Trend signal show for CMBS?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their CMBS 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 CMBS?

More sellers than buyers — 48% buying: Last quarter: 46 funds reduced or exited vs 42 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for CMBS holders?

Elite ownership — 50% AUM from top-100 funds: 17 of 89 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in CMBS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CMBS?

54% of holders stayed for 2+ years: 49 out of 90 hedge funds have held CMBS 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.

Is it too late to buy Ishares Tr (CMBS) following the 2026 Q1 hedge fund 13F filings?

As of today, CMBS has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.3% for the SPY sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), CMBS has gained nan% vs +15.1% 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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