Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Exchange Traded Fd T (CZA)

62 + 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
3Q ▲
Buyers last Q
28%

Smart Money Signals — CZA

Based on 62 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 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
62 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 — +13% more funds vs a year ago

fund count last 6Q
+7 new funds entered over the past year (+13% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🔴

Heavy selling pressure — only 28% buying

17 buying43 selling
Last quarter: 43 funds sold vs only 17 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~10 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 2 → 7 → 10 → 10. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

73% of holders stayed for 2+ years

■ 73% conviction (2yr+) ■ 8% medium ■ 19% new
45 out of 62 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 — ~10 new funds/quarter

4 → 2 → 7 → 10 → 10 new funds/Q
New funds entering each quarter: 2 → 7 → 10 → 10. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 77% of holders stayed 2+ years

■ 77% veterans ■ 5% 1-2yr ■ 18% new
Of 62 current holders: 48 (77%) 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.
🏆

Elite ownership — 52% AUM from top-100 funds

52% from top-100 AUM funds
16 of 62 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in CZA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.8
out of 10
Moderate Exit Risk
Exit risk score 4.8/10 — 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 — CZA

In 2026 Q1, 17 hedge funds were net buyers of CZA (10 opened a new position, 7 added to an existing one), while 43 reduced or exited (34 trimmed, 9 sold completely) — a 28% buyer ratio, indicating net institutional distribution. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 52% of total institutional value in CZA is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +1 funds (more new holders than closures). Total institutional holders: 62.

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

-- --

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

Is It Too Late to Buy Invesco Exchange Traded Fd T (CZA) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CZA 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 · 79d ago
CZA
+7.9%
SPY
+13.9%

CZA outperformed SPY by -6.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
CZA
+3.5%
SPY
+0.2%

Since the filing became public, CZA outperformed SPY by +3.3% .

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 0 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: CZA
62 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 62 61 1.64%
13F Shares 723K 1M -33.46%
Total Value $76M $120M -36.63%
New Positions 10 10 -
Increased Positions 7 14 -7
Closed Positions 9 8 +1
Reduced Positions 34 21 +13
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: CZA

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Institutional Holders (2026 Q1)

62 + investors

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

QUARTER:
Top 25 CZA holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Pacific Sun Financial Corp 1.04% 19,502 $2.1M
2 Willner & Heller, LLC 0.48% 5,844 $644K
3 Davis Investment Partners, LLC 0.45% 11,475 $1.3M
4 Empirical Asset Management, LLC 0.44% 15,254 $1.7M
5 Well Done, LLC 0.25% 15,526 $1.7M
6 Rodgers & Associates, LTD 0.25% 22,167 $2.4M
7 Quattro Advisors LLC 0.22% 2,305 $254K
8 Colonial River Investments, LLC 0.21% 5,284 $582K
9 Victory Financial Group, LLC 0.06% 4,177 $460K
10 Baer Investment Advisory LLC 0.06% 4,177 $460K
11 Mainstay Capital Management LLC /Adv 0.02% 2,793 $308K
12 Silver Grove Financial Group, Inc. 0.02% 216 $24K
13 Sovran Advisors, LLC 0.02% 1,792 $210K
14 Tidemark, LLC 0.02% 575 $63K
15 Flagship Harbor Advisors, LLC 0.01% 2,564 $282K
16 Western Wealth Management, LLC 0.01% 2,834 $312K
17 Commonwealth Equity Services, LLC 0.01% 69,277 $7.6M
18 Mission Wealth Management, LP 0.01% 2,695 $297K
19 EP Wealth Advisors, LLC 0.01% 11,053 $1.2M
20 Independent Advisor Alliance 0.01% 4,774 $526K
21 Savant Capital, LLC 0.00% 6,793 $748K
22 LPL Financial LLC 0.00% 106,637 $11.7M
23 Truist Financial Corp 0.00% 18,491 $2.0M
24 Mml Investors Services, LLC 0.00% 6,967 $767K
25 Quantinno Capital Management LP 0.00% 7,815 $861K
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 — 3 quarters in a row: For 3 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?

Heavy selling pressure — only 28% buying: Last quarter: 43 funds sold vs only 17 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for CZA holders?

Elite ownership — 52% AUM from top-100 funds: 16 of 62 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in CZA. 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 CZA?

73% of holders stayed for 2+ years: 45 out of 62 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.

Is it too late to buy Invesco Exchange Traded Fd T (CZA) following the 2026 Q1 hedge fund 13F filings?

As of today, CZA has moved +3.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of +3.3%. Since the quarter end (March 31, 2026), CZA has gained +7.9% vs +13.9% 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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