Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

INVESCO EXCHANGE TRADED FD T (CZA)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +1
Streak
2Q ▲
Buyers last Q
45%

Smart Money Signals — CZA

Based on 59 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added CZA 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
59 hedge funds hold CZA 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 — +9% more funds vs a year ago

fund count last 6Q
+5 new funds entered over the past year (+9% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 45% buying

23 buying28 selling
Last quarter: 28 funds reduced or exited vs 23 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 — ~9 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 4 → 2 → 7 → 9. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

71% of holders stayed for 2+ years

■ 71% conviction (2yr+) ■ 12% medium ■ 17% new
42 out of 59 hedge funds have held CZA 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 — ~9 new funds/quarter

5 → 4 → 2 → 7 → 9 new funds/Q
New funds entering each quarter: 4 → 2 → 7 → 9. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 73% of holders stayed 2+ years

■ 73% veterans ■ 8% 1-2yr ■ 19% new
Of 59 current holders: 43 (73%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 31% AUM from major funds

31% from top-100 AUM funds
13 of 59 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.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — 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.

Hedge Fund Ownership: CZA

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

Market Analysis: CZA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CZA

-- --
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

9 top-rated funds 0 high-conviction
Consensus
4.3
/ 10
breadth
×
Elite
0.5
/ 10
conviction
Hedge Fund Positioning: CZA
2026 Q1 Stats Unlock in 17 days 59 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 59 58 1.72%
13F Shares 1M 698K 54.69%
Total Value $120M $77M 55.96%
New Positions 9 7 +2
Increased Positions 14 8 +6
Closed Positions 8 2 +6
Reduced Positions 20 28 -8
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: CZA

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Valuation Measures Data as of: --

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

Financial Highlights

Profitability
Profit Margin --
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Income Statement & Cash Flow
Revenue (ttm) --
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Institutional Holders (2026 Q1)

59 + investors

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

Top 17 institutional holders of CZA — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 WILLNER & HELLER, LLC 0.48% 5,844 $644K
2 Davis Investment Partners, LLC 0.45% 11,475 $1.3M
3 Well Done, LLC 0.25% 15,526 $1.7M
4 Colonial River Investments, LLC 0.21% 5,284 $582K
5 Baer Investment Advisory LLC 0.06% 4,177 $460K
6 VICTORY FINANCIAL GROUP, LLC 0.06% 4,177 $460K
7 Sovran Advisors, LLC 0.02% 1,792 $210K
8 FLAGSHIP HARBOR ADVISORS, LLC 0.01% 2,564 $282K
9 COMMONWEALTH EQUITY SERVICES, LLC 0.01% 69,277 $7.6M
10 Cambridge Investment Research Advisors, Inc. 0.01% 28,030 $3K
11 TRUIST FINANCIAL CORP 0.00% 18,491 $2.0M
12 Kestra Advisory Services, LLC 0.00% 3,199 $352K
13 Private Advisor Group, LLC 0.00% 2,167 $239K
14 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% 108 $12K
15 WHITTIER TRUST CO 0.00% 582 $65K
16 HHM Wealth Advisors, LLC 0.00% 30 $3K
17 FIFTH THIRD BANCORP 0.00% 110 $12K
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 — INVESCO EXCHANGE TRADED FD T (CZA)

What does the Smart Money Trend signal show for CZA?

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

More sellers than buyers — 45% buying: Last quarter: 28 funds reduced or exited vs 23 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 CZA holders?

Strong quality — 31% AUM from major funds: 13 of 59 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 CZA?

71% of holders stayed for 2+ years: 42 out of 59 hedge funds have held CZA 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.