Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

First Tr Exchng Traded Fd VI (DNOV)

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

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
→ 0
Streak
1Q —
Buyers last Q
36%

Smart Money Signals — DNOV

Based on 121 hedge funds · latest filing: 2026 Q2 · updated quarterly

➡️

No change last quarter

last 6Q
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
121 hedge funds hold DNOV 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
+14 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 36% buying

34 buying60 selling
Last quarter: 60 funds sold vs only 34 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~12 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 6 → 25 → 9 → 12. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

49% of holders stayed for 2+ years

49% conviction (2yr+) 30% medium 21% new
59 out of 121 hedge funds have held DNOV 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.
📊

Peak discovery — momentum slowing

9 → 6 → 25 → 9 → 12 new funds/Q
New funds entering each quarter: 6 → 25 → 9 → 12. DNOV is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 52% veterans vs 26% newcomers

52% veterans 21% 1-2yr 26% new
Entry-cohort mix of 121 holders: 63 (52%) are 2+ year veterans, 26 entered 1–2 years ago, and 32 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 11% AUM from top-100

11% from top-100 AUM funds
8 of 121 holders rank in the top 100 by AUM, but together hold only 11% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.5
out of 10
Moderate Exit Risk
Exit risk score 4.5/10 — 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 — DNOV

In 2026 Q2, 34 hedge funds were net buyers of DNOV (12 opened a new position, 22 added to an existing one), while 60 reduced or exited (48 trimmed, 12 sold completely) — a 36% buyer ratio, indicating net institutional distribution. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 121.

Hedge Fund Ownership: DNOV

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

Market Analysis: DNOV

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: DNOV

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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.

2 top-rated funds 2 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
2.0
/ 10
conviction
Hedge Fund Positioning: DNOV
120 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 120 121 -0.83%
13F Shares 3M 4M -6.43%
Total Value $164M $163M 0.71%
New Positions 11 9 +2
Increased Positions 22 22 -
Closed Positions 12 5 +7
Reduced Positions 48 50 -2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: DNOV

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Institutional Holders (2026 Q2)

120 + investors

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

QUARTER:
Top 25 DNOV holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Winnacle Wealth LLC 3.35% 95,872 $4.9M
2 Benson Wealth Management INC 2.96% 57,282 $2.9M
3 Echo Wealth Management, LLC 1.90% 72,423 $3.7M
4 Tanglewood Legacy Advisors, LLC 1.05% 63,336 $3.3M
5 REAP Financial Group, LLC 0.87% 98,974 $5.1M
6 Nova Wealth Management, Inc. 0.73% 25,895 $1.3M
7 Mission Financial Group, LLC 0.73% 17,037 $875K
8 Castleview Partners, LLC 0.58% 25,526 $1.3M
9 Precedent Wealth Partners, LLC 0.55% 64,209 $3.3M
10 Tounjian Advisory Partners, LLC 0.49% 22,354 $1.1M
11 Financial Network Wealth Advisors LLC 0.40% 7,767 $399K
12 Spectrum Asset Management, Inc. (NB/CA) 0.40% 28,381 $1.5M
13 Arbor Capital Management Inc /Adv 0.27% 5,414 $278K
14 Grantvest Financial Group LLC 0.25% 8,492 $436K
15 Keystone Wealth Services, LLC 0.24% 25,048 $1.3M
16 Integrity Financial Corp /WA 0.21% 8,487 $436K
17 Evolution Wealth Management INC. 0.21% 6,878 $353K
18 Capasso Planning Partners LLC 0.21% 8,053 $414K
19 Lakeridge Wealth Management LLC 0.20% 10,794 $554K
20 Founders Financial Securities LLC 0.20% 76,109 $3.9M
21 Madrona Financial Services, LLC 0.19% 20,601 $1.1M
22 Oder Investment Management, LLC 0.19% 5,598 $287K
23 LifeWealth Investments, LLC 0.18% 12,997 $667K
24 1st Source Bank 0.17% 73,255 $3.8M
25 MTM Investment Management, LLC 0.16% 10,895 $559K
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 (DNOV)

What does the Smart Money Trend signal show for DNOV?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for DNOV?

Heavy selling pressure — only 36% buying: Last quarter: 60 funds sold vs only 34 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 DNOV holders?

Smaller funds dominant — 11% AUM from top-100: 8 of 121 holders rank in the top 100 by AUM, but together hold only 11% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held DNOV?

49% of holders stayed for 2+ years: 59 out of 121 hedge funds have held DNOV 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.

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