First Tr Exchange Traded Fd (DVOL): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy First Tr Exchange Traded Fd (DVOL) following the 2026 Q1 hedge fund 13F filings?

As of today, DVOL has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to -1.1% for the SPY sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), DVOL gained nan% vs +12.4% 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.

First Tr Exchange Traded Fd (DVOL)

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

Smart Money Signals — DVOL

Based on 38 hedge funds · latest filing: 2026 Q1 · 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

38 hedge funds hold DVOL 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.

🚀

Fast accumulation — +36% more funds vs a year ago

fund count last 6Q

+10 new funds entered over the past year (+36% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.

🔴

Heavy selling pressure — only 37% buying

13 buying22 selling

Last quarter: 22 funds sold vs only 13 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

➡️

Steady new buyers — ~5 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 8 → 7 → 6 → 5. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

50% of holders stayed for 2+ years

■ 50% conviction (2yr+) ■ 21% medium ■ 29% new

19 out of 38 hedge funds have held DVOL 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

3 → 8 → 7 → 6 → 5 new funds/Q

New funds entering each quarter: 8 → 7 → 6 → 5. DVOL 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 — 53% veterans vs 32% newcomers

■ 53% veterans ■ 16% 1-2yr ■ 32% new

Entry-cohort mix of 38 holders: 20 (53%) are 2+ year veterans, 6 entered 1–2 years ago, and 12 (32%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

📋

Smaller funds dominant — 16% AUM from top-100

16% from top-100 AUM funds

9 of 37 holders rank in the top 100 by AUM, but together hold only 16% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

4.6

out of 10

Moderate Exit Risk

Exit risk score 4.6/10 — 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.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	38	38	-
13F Shares	2M	2M	-14.14%
Total Value	$52M	$63M	-16.11%
New Positions	5	6	-1
Increased Positions	8	13	-5
Closed Positions	5	6	-1
Reduced Positions	17	13	+4
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

13F Shares

-14.14%

Total Value

$52M

$63M

-16.11%

New Positions

-1

Increased Positions

-5

Closed Positions

-1

Reduced Positions

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

38 + investors

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

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 DVOL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Park Square Financial Group, LLC	2.29%	8,724	$302K
2	Csenge Advisory Group	1.08%	680,567	$23.5M
3	Warner Group LLC	0.28%	12,518	$433K
4	Balefire, LLC	0.22%	33,142	$1.1M
5	MTM Investment Management, LLC	0.12%	10,530	$364K
6	Nilsine Partners, LLC	0.11%	37,494	$1.4M
7	Private Advisory Group LLC	0.09%	37,688	$1.3M
8	Private Trust Co NA	0.02%	6,578	$227K
9	Prospera Financial Services Inc	0.02%	28,783	$995K
10	Sigma Planning Corp	0.01%	15,082	$521K
11	Sanctuary Advisors, LLC	0.01%	27,824	$962K
12	Hilton Head Capital Partners, LLC	0.00%	251	$9K
13	Mutual Advisors, LLC	0.00%	6,563	$227K
14	Farther Finance Advisors, LLC	0.00%	14,200	$496K
15	Measured Wealth Private Client Group, LLC	0.00%	488	$17K
16	Cwm, LLC	0.00%	49,186	$1.7M
17	Concurrent Investment Advisors, LLC	0.00%	10,985	$380K
18	Baird Financial Group, Inc.	0.00%	75,875	$2.6M
19	Independent Advisor Alliance	0.00%	8,013	$277K
20	Raymond James Financial Inc	0.00%	146,366	$5.1M
21	Allworth Financial LP	0.00%	9,218	$319K
22	LPL Financial LLC	0.00%	87,813	$3.0M
23	Cetera Investment Advisers	0.00%	19,851	$686K
24	Fifth Third Bancorp	0.00%	9,895	$342K
25	Two Sigma Investments, LP	0.00%	12,609	$436K

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 Exchange Traded Fd (DVOL)

What does the Smart Money Trend signal show for DVOL?

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 DVOL?

Heavy selling pressure — only 37% buying: Last quarter: 22 funds sold vs only 13 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 DVOL holders?

Smaller funds dominant — 16% AUM from top-100: 9 of 37 holders rank in the top 100 by AUM, but together hold only 16% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held DVOL?

50% of holders stayed for 2+ years: 19 out of 38 hedge funds have held DVOL 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 Exchange Traded Fd (DVOL) following the 2026 Q1 hedge fund 13F filings?

As of today, DVOL has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to -1.1% for the SPY sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), DVOL has gained nan% vs +12.4% 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.

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First Tr Exchange Traded Fd (DVOL)

Smart Money Signals — DVOL

No change last quarter

At the ownership peak (100% of max)

Fast accumulation — +36% more funds vs a year ago

Heavy selling pressure — only 37% buying

Steady new buyers — ~5 new funds per quarter

50% of holders stayed for 2+ years

Peak discovery — momentum slowing

Veteran-anchored — 53% veterans vs 32% newcomers

Smaller funds dominant — 16% AUM from top-100

Institutional Sentiment Summary — DVOL

Hedge Fund Ownership: DVOL

Market Analysis: DVOL

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: DVOL

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

Hedge Fund Positioning: DVOL

Statistics: DVOL

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — First Tr Exchange Traded Fd (DVOL)

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