Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Alps ETF Tr (EQL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
1Q ▼
Buyers last Q
53%

Smart Money Signals — EQL

Based on 62 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 EQL positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (97% of max)

97% of all-time peak
62 hedge funds hold EQL 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 — +15% more funds vs a year ago

fund count last 6Q
+8 new funds entered over the past year (+15% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 53% buying

31 buying27 selling
Last quarter: 31 funds bought or added vs 27 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~6 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 8 → 11 → 9 → 6. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

52% of holders stayed for 2+ years

■ 52% conviction (2yr+) ■ 26% medium ■ 23% new
32 out of 62 hedge funds have held EQL 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

7 → 8 → 11 → 9 → 6 new funds/Q
New funds entering each quarter: 8 → 11 → 9 → 6. EQL 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 — 58% veterans vs 27% newcomers

■ 58% veterans ■ 15% 1-2yr ■ 27% new
Entry-cohort mix of 62 holders: 36 (58%) are 2+ year veterans, 9 entered 1–2 years ago, and 17 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 68% AUM from top-100 funds

68% from top-100 AUM funds
14 of 62 holders are among the 100 largest funds by AUM, controlling 68% of total institutional value in EQL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — 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 — EQL

In 2026 Q1, 31 hedge funds were net buyers of EQL (6 opened a new position, 25 added to an existing one), while 27 reduced or exited (19 trimmed, 8 sold completely) — a 53% buyer ratio, indicating a slight buying edge. 68% of total institutional value in EQL is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 62.

Hedge Fund Ownership: EQL

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

Market Analysis: EQL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: EQL

-- --

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

Is It Too Late to Buy Alps ETF Tr (EQL) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much EQL 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 · 85d ago
EQL
+5.3%
SPY
+14.9%

EQL outperformed SPY by -9.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 40d ago
EQL
+0.4%
SPY
+1.1%

Since the filing became public, EQL outperformed SPY by -0.7% .

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
0.9
/ 10
conviction
Hedge Fund Positioning: EQL
60 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 60 64 -6.25%
13F Shares 7M 6M 3.68%
Total Value $310M $297M 4.58%
New Positions 6 9 -3
Increased Positions 24 24 -
Closed Positions 10 5 +5
Reduced Positions 19 17 +2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: EQL

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Institutional Holders (2026 Q1)

60 + investors

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

QUARTER:
Top 25 EQL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Sherry Group, Inc. 1.86% 35,901 $1.7M
2 Perryman Financial Advisory Inc /Ad 0.96% 134,843 $6.4M
3 PUREfi Wealth, LLC 0.55% 17,692 $841K
4 Summit Financial Wealth Advisors, LLC 0.48% 70,821 $3.4M
5 Maltin Wealth Management, Inc. 0.38% 20,818 $990K
6 Delta Capital Management LLC 0.21% 8,100 $385K
7 BostonPremier Wealth LLC 0.16% 6,611 $314K
8 Intrepid Financial Planning Group LLC 0.16% 8,368 $398K
9 Private Client Services, LLC 0.15% 10,813 $514K
10 Gateway Wealth Partners, LLC 0.15% 82,814 $3.9M
11 Smith, Moore & CO. 0.10% 27,850 $1.3M
12 1900 Wealth Management LLC 0.09% 28,152 $1.3M
13 Guidance Capital, Inc 0.07% 6,318 $316K
14 Ascentis Independent Advisors 0.05% 13,183 $627K
15 CreativeOne Wealth, LLC 0.03% 25,325 $1.2M
16 Gts Securities LLC 0.03% 16,251 $773K
17 Stratos Wealth Partners, LTD. 0.03% 48,050 $2.3M
18 Raymond James Financial Inc 0.01% 986,027 $46.9M
19 Sowell Financial Services LLC 0.01% 8,184 $389K
20 Ameriprise Financial Inc 0.01% 1,006,254 $47.9M
21 Cwm, LLC 0.01% 83,400 $4.0M
22 Savvy Advisors, Inc. 0.01% 7,750 $369K
23 Cetera Investment Advisers 0.01% 174,009 $8.3M
24 Commonwealth Equity Services, LLC 0.01% 93,848 $4.5M
25 Bank of America Corp /de/ 0.01% 1,671,352 $79.5M
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 (EQL)

What does the Smart Money Trend signal show for EQL?

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

Slight buying edge — 53% buying: Last quarter: 31 funds bought or added vs 27 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for EQL holders?

Elite ownership — 68% AUM from top-100 funds: 14 of 62 holders are among the 100 largest funds by AUM, controlling 68% of total institutional value in EQL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held EQL?

52% of holders stayed for 2+ years: 32 out of 62 hedge funds have held EQL 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 Alps ETF Tr (EQL) following the 2026 Q1 hedge fund 13F filings?

As of today, EQL has moved +0.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.1% for the SPY sector ETF — an outperformance of -0.7%. Since the quarter end (March 31, 2026), EQL has gained +5.3% vs +14.9% 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.

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