Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

2023 ETF Series Trust (EAGL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +9
Streak
1Q ▲
Buyers last Q
77%

Smart Money Signals — EAGL

Based on 55 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added EAGL 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.
🔻

Below peak — only 61% of 3.0Y high

61% of all-time peak
Only 55 funds hold EAGL today versus a peak of 90 funds at 2007 Q1 — just 61% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
🚀

Fast accumulation — +45% more funds vs a year ago

fund count last 6Q
+17 new funds entered over the past year (+45% 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.
🟢

More buyers than sellers — 77% buying

37 buying11 selling
Last quarter: 37 funds were net buyers (12 opened a brand new position + 25 added to an existing one). Only 11 were sellers (8 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+7 vs last Q)

new funds entering per quarter
Funds opening a new EAGL position: 6 → 12 → 5 → 12. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 33% entered in last year

■ 20% conviction (2yr+) ■ 47% medium ■ 33% new
Only 11 funds (20%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
➡️

Steady discovery — ~12 new funds/quarter

8 → 6 → 12 → 5 → 12 new funds/Q
New funds entering each quarter: 6 → 12 → 5 → 12. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 11% veterans, 47% new entrants

■ 11% veterans ■ 42% 1-2yr ■ 47% new
Of 55 current holders: 6 (11%) held 2+ years, 23 held 1–2 years, 26 (47%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋

Smaller funds dominant — 9% AUM from top-100

9% from top-100 AUM funds
9 of 55 holders rank in the top 100 by AUM, but together hold only 9% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
2.3
out of 10
Low Exit Risk
Exit risk score 2.3/10 — 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.

Institutional Sentiment Summary — EAGL

In 2026 Q1, 37 hedge funds were net buyers of EAGL (12 opened a new position, 25 added to an existing one), while 11 reduced or exited (8 trimmed, 3 sold completely) — a 77% buyer ratio, indicating clear institutional accumulation. Net fund flow last quarter: +9 funds (more new holders than closures). Total institutional holders: 55.

Hedge Fund Ownership: EAGL

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

Market Analysis: EAGL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: EAGL

-- --

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

Is It Too Late to Buy 2023 ETF Series Trust (EAGL) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much EAGL 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 · 74d ago
EAGL
+6.6%
SPY
+14.1%

EAGL outperformed SPY by -7.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 29d ago
EAGL
+0.1%
SPY
+0.3%

Since the filing became public, EAGL outperformed SPY by -0.2% .

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 8 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
3.7
/ 10
conviction
Hedge Fund Positioning: EAGL
53 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 53 46 15.22%
13F Shares 49M 34M 41.92%
Total Value $1.46B $1.09B 33.59%
New Positions 11 5 +6
Increased Positions 24 21 +3
Closed Positions 4 8 -4
Reduced Positions 8 8 -
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: EAGL

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Financial Highlights

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Institutional Holders (2026 Q1)

53 + investors

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

QUARTER:
Top 25 EAGL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Rector, Church-Wardens & Vestrymen of Trinity Church in the city of New-York 40.72% 5,774,371 $175.7M
2 BCS Private Wealth Management, Inc. 12.32% 1,332,608 $40.5M
3 Commerce Advisors, LLC 9.30% 363,640 $11.1M
4 Sendero Wealth Management, LLC 9.18% 2,729,468 $83.0M
5 Burkett Financial Services, LLC 6.75% 647,552 $19.7M
6 Atlanta Consulting Group Advisors, LLC 3.77% 576,446 $17.5M
7 Red Door Wealth Management, LLC 3.58% 1,130,228 $34.4M
8 Prodigy Asset Management LLC 3.26% 320,634 $9.8M
9 Summit Wealth Group, LLC 2.55% 365,626 $11.1M
10 Piedmont Capital Management, LLC/NC 2.38% 117,065 $3.6M
11 Brown Brothers Harriman & Co 1.34% 8,215,230 $249.9M
12 ACT Advisors, LLC. 1.22% 94,398 $2.9M
13 Permanens Capital L.P. 1.17% 299,137 $9.1M
14 Wind River Trust Co 1.03% 89,366 $2.7M
15 Lowe Brockenbrough & Co Inc 0.83% 545,058 $16.6M
16 Triangle Securities Wealth Management 0.74% 106,500 $3.2M
17 YHB Investment Advisors, Inc. 0.69% 318,518 $9.7M
18 Brown Advisory Inc 0.58% 11,607,059 $353.1M
19 Cresset Asset Management, LLC 0.50% 3,789,859 $115.3M
20 Morse Asset Management, Inc 0.40% 63,100 $1.9M
21 Greenspring Advisors, LLC 0.31% 169,884 $5.2M
22 GC Wealth Management RIA, LLC 0.31% 249,622 $7.6M
23 Glenmede Trust Co NA 0.29% 1,942,324 $59.1M
24 Citizens Financial Group Inc/Ri 0.26% 612,696 $18.6M
25 Fiduciary Alliance LLC 0.23% 119,941 $3.9M
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 — 2023 ETF Series Trust (EAGL)

What does the Smart Money Trend signal show for EAGL?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added EAGL 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 EAGL?

More buyers than sellers — 77% buying: Last quarter: 37 funds were net buyers (12 opened a brand new position + 25 added to an existing one). Only 11 were sellers (8 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for EAGL holders?

Smaller funds dominant — 9% AUM from top-100: 9 of 55 holders rank in the top 100 by AUM, but together hold only 9% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held EAGL?

Mostly new holders — 33% entered in last year: Only 11 funds (20%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy 2023 ETF Series Trust (EAGL) following the 2026 Q1 hedge fund 13F filings?

As of today, EAGL has moved +0.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of -0.2%. Since the quarter end (March 31, 2026), EAGL has gained +6.6% vs +14.1% 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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