Alps ETF Tr (ELFY) Hedge Fund Ownership (Q2 2026)

Alps ETF Tr (ELFY)

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

Smart Money Signals — ELFY

Based on 49 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 4Q

For 4 consecutive quarters, more hedge funds added ELFY 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

49 hedge funds hold ELFY right now — the highest count in 1.2 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 — +717% more funds vs a year ago

fund count last 5Q

+43 new funds entered over the past year (+717% 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. The peak was reached in just 4 quarters from the low — a sharp move.

🟢

More buyers than sellers — 75% buying

39 buying13 selling

Last quarter: 39 funds were net buyers (17 opened a brand new position + 22 added to an existing one). Only 13 were sellers (7 trimmed + 6 sold completely). A clear majority buying is a strong confirmation signal.

➡️

Steady new buyers — ~17 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 11 → 11 → 16 → 17. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔄

Mostly new holders — 80% entered in last year

■ 0% conviction (2yr+) ■ 20% medium ■ 80% new

Only 0 funds (0%) 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.

💰

Value +98% but shares only +72% — price-driven

Value

+97%

+72%

Last quarter: the total dollar value of institutional holdings rose +98%, but actual share count only changed +72%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.

📈

Growing discovery — still being found

11 → 11 → 16 → 17 new funds/Q

New funds entering each quarter: 11 → 11 → 16 → 17. A growing number of institutions are discovering ELFY each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🌱

Early stage — 100% of holders entered in last year

■ 0% veterans ■ 0% 1-2yr ■ 100% new

Of 49 current holders: 49 (100%) entered in the past year, only 0 (0%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.

📋

Smaller funds dominant — 14% AUM from top-100

14% from top-100 AUM funds

8 of 49 holders rank in the top 100 by AUM, but together hold only 14% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

7.0

out of 10

High Exit Risk

Exit risk score 7.0/10 — multiple crowding signals converge. Institutional ownership is at 100% of its all-time high — near peak crowding. Crowded trades can unwind fast — a single catalyst can trigger a cascade.

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 Q2)	Prior (2026 Q1)	Change
Funds Holding	49	38	28.95%
13F Shares	2M	911K	72.3%
Total Value	$69M	$35M	97.76%
New Positions	17	16	+1
Increased Positions	22	11	+11
Closed Positions	6	2	+4
Reduced Positions	7	7	-
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

28.95%

13F Shares

911K

72.3%

Total Value

$69M

$35M

97.76%

New Positions

Increased Positions

+11

Closed Positions

Reduced Positions

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q2)

49 + investors

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

QUARTER:

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

Top 25 ELFY holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Prasad Wealth Partners, LLC	2.15%	198,882	$8.9M
2	Redhawk Wealth Advisors, Inc.	1.09%	246,250	$11.1M
3	BXM Wealth LLC	0.61%	25,015	$1.1M
4	Inspire Advisors, LLC	0.21%	67,484	$3.0M
5	Strategic Financial Concepts, LLC	0.17%	12,875	$579K
6	Trek Financial, LLC	0.15%	67,158	$3.0M
7	Noble Wealth Management PBC	0.14%	6,990	$314K
8	Level Four Advisory Services, LLC	0.11%	87,045	$3.9M
9	Brookwood Investment Group LLC	0.09%	17,201	$773K
10	Tripletail Wealth Management, LLC	0.04%	900	$39K
11	Belpointe Asset Management LLC	0.04%	29,846	$1.3M
12	Register Financial Advisors LLC	0.02%	1,550	$70K
13	Silver Oak Securities, Incorporated	0.02%	6,868	$309K
14	Alps Advisors Inc	0.02%	82,100	$3.7M
15	Medallion Wealth Advisors, LLC	0.02%	1,150	$52K
16	Diversify Wealth Management, LLC	0.01%	17,393	$717K
17	Diversify Advisory Services, LLC	0.01%	17,393	$717K
18	Osaic Holdings, INC.	0.01%	207,964	$9.3M
19	Farther Finance Advisors, LLC	0.01%	23,336	$1.0M
20	Gill Capital Partners, LLC	0.01%	578	$26K
21	NewEdge Advisors, LLC	0.01%	40,678	$1.8M
22	Sigma Planning Corp	0.01%	4,791	$215K
23	Summit Financial, LLC	0.01%	10,711	$481K
24	Equitable Holdings, Inc.	0.00%	12,970	$583K
25	Wealth Enhancement Advisory Services, LLC	0.00%	46,731	$2.0M

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 — Alps ETF Tr (ELFY)

What does the Smart Money Trend signal show for ELFY?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added ELFY 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 ELFY?

More buyers than sellers — 75% buying: Last quarter: 39 funds were net buyers (17 opened a brand new position + 22 added to an existing one). Only 13 were sellers (7 trimmed + 6 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for ELFY holders?

Smaller funds dominant — 14% AUM from top-100: 8 of 49 holders rank in the top 100 by AUM, but together hold only 14% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held ELFY?

Mostly new holders — 80% entered in last year: Only 0 funds (0%) 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.

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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Alps ETF Tr (ELFY)

Smart Money Signals — ELFY

Buying streak — 4 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +717% more funds vs a year ago

More buyers than sellers — 75% buying

Steady new buyers — ~17 new funds per quarter

Mostly new holders — 80% entered in last year

Value +98% but shares only +72% — price-driven

Growing discovery — still being found

Early stage — 100% of holders entered in last year

Smaller funds dominant — 14% AUM from top-100

Institutional Sentiment Summary — ELFY

Hedge Fund Ownership: ELFY

Market Analysis: ELFY

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: ELFY

Hedge Fund Positioning: ELFY

Statistics: ELFY

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Alps ETF Tr (ELFY)

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