Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

First Tr Exchng Traded Fd VI (DMAY)

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

Fetching live quote...
Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -9
Streak
1Q ▼
Buyers last Q
26%

Smart Money Signals — DMAY

Based on 78 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their DMAY positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 90% of 3.0Y peak

90% of all-time peak
78 funds currently hold this stock — 90% of the 3.0-year high of 87 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +10% more funds vs a year ago

fund count last 6Q
+7 new funds entered over the past year (+10% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🔴

Heavy selling pressure — only 26% buying

18 buying50 selling
Last quarter: 50 funds sold vs only 18 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
⚠️

Fewer new buyers each quarter (-7 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 19 → 10 → 11 → 4. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

47% of holders stayed for 2+ years

47% conviction (2yr+) 33% medium 19% new
37 out of 78 hedge funds have held DMAY 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.
⚠️

Saturation — most institutions already know this story

8 → 19 → 10 → 11 → 4 new funds/Q
New funds entering each quarter: 19 → 10 → 11 → 4. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.
🏛️

Veteran-anchored — 49% veterans vs 27% newcomers

49% veterans 24% 1-2yr 27% new
Entry-cohort mix of 78 holders: 38 (49%) are 2+ year veterans, 19 entered 1–2 years ago, and 21 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 12% AUM from top-100

12% from top-100 AUM funds
5 of 78 holders rank in the top 100 by AUM, but together hold only 12% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.2
out of 10
Moderate Exit Risk
Exit risk score 4.2/10 — 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 — DMAY

In 2026 Q1, 18 hedge funds were net buyers of DMAY (4 opened a new position, 14 added to an existing one), while 50 reduced or exited (37 trimmed, 13 sold completely) — a 26% buyer ratio, indicating net institutional distribution. Net fund flow last quarter: -9 funds (more exits than new entries). Total institutional holders: 78.

Hedge Fund Ownership: DMAY

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

Market Analysis: DMAY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: DMAY

-- --

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

Is It Too Late to Buy First Tr Exchng Traded Fd VI (DMAY) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much DMAY 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 · 80d ago
DMAY
nan%
SPY
+13.9%

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

Since 13F Filing Date May 15, 2026 · 35d ago
DMAY
nan%
SPY
+0.2%

Since the filing became public, DMAY 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.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: DMAY
78 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 78 87 -10.34%
13F Shares 3M 3M -5.31%
Total Value $102M $118M -13.58%
New Positions 4 11 -7
Increased Positions 14 13 +1
Closed Positions 13 7 +6
Reduced Positions 37 39 -2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: DMAY

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
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 --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

78 + investors

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

QUARTER:
Top 25 DMAY holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Spectrum Asset Management, Inc. (NB/CA) 1.92% 134,686 $6.1M
2 Tanglewood Legacy Advisors, LLC 1.64% 101,178 $4.5M
3 REAP Financial Group, LLC 1.33% 150,530 $6.8M
4 TopTier Wealth Management, LLC 0.76% 27,691 $1.2M
5 Evolution Wealth Management INC. 0.60% 18,313 $823K
6 Grantvest Financial Group LLC 0.57% 19,626 $882K
7 Decker Wealth Management LLC 0.47% 46,506 $2.1M
8 Integrity Financial Corp /WA 0.44% 19,836 $891K
9 Mission Financial Group, LLC 0.41% 9,834 $442K
10 Winnow Wealth LLC 0.39% 11,377 $511K
11 Jim Saulnier & Associates, LLC 0.29% 13,131 $590K
12 Schwallier Wealth Management LLC 0.27% 8,358 $376K
13 Wetzel Investment Advisors, INC. 0.27% 15,208 $683K
14 Nova Wealth Management, Inc. 0.25% 8,414 $378K
15 Ritter Daniher Financial Advisory LLC / DE 0.22% 28,701 $1.3M
16 Arbor Capital Management Inc /Adv 0.21% 5,590 $253K
17 Founders Financial Securities LLC 0.20% 72,155 $3.3M
18 IMG Wealth Management, Inc. 0.17% 5,940 $267K
19 Core Wealth Partners LLC 0.14% 6,600 $297K
20 Sloy Dahl & Holst, LLC 0.14% 22,105 $993K
21 Ignite Planners, LLC 0.12% 18,014 $809K
22 Santori & Peters, Inc. 0.11% 8,090 $363K
23 Horizon Investments, LLC 0.07% 141,778 $6.4M
24 Kovack Advisors, Inc. 0.06% 25,897 $1.2M
25 Buck Wealth Strategies, LLC 0.05% 9,060 $407K
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 — First Tr Exchng Traded Fd VI (DMAY)

What does the Smart Money Trend signal show for DMAY?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their DMAY 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 DMAY?

Heavy selling pressure — only 26% buying: Last quarter: 50 funds sold vs only 18 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 DMAY holders?

Smaller funds dominant — 12% AUM from top-100: 5 of 78 holders rank in the top 100 by AUM, but together hold only 12% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held DMAY?

47% of holders stayed for 2+ years: 37 out of 78 hedge funds have held DMAY 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 First Tr Exchng Traded Fd VI (DMAY) following the 2026 Q1 hedge fund 13F filings?

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

Full history →