Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Ishares Ethereum Tr (ETHA)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -23
Streak
2Q ▼
Buyers last Q
53%

Smart Money Signals — ETHA

Based on 467 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their ETHA positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 92% of 3.0Y peak

92% of all-time peak
467 funds currently hold this stock — 92% of the 3.0-year high of 507 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +100% more funds vs a year ago

fund count last 6Q
+234 new funds entered over the past year (+100% 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.
🟡

Slight buying edge — 53% buying

251 buying225 selling
Last quarter: 251 funds bought or added vs 225 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.
⚠️

Fewer new buyers each quarter (-29 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 298 → 149 → 100 → 71. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔄

Mostly new holders — 41% entered in last year

■ 4% conviction (2yr+) ■ 55% medium ■ 41% new
Only 18 funds (4%) 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.
💎

Buying through price weakness — shares +1%, value -23%

Value
-23%
Shares
+1%
Last quarter: funds added +1% more shares while total portfolio value only changed -23%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

71 → 298 → 149 → 100 → 71 new funds/Q
New funds entering each quarter: 298 → 149 → 100 → 71. ETHA is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🌱

Early stage — 67% of holders entered in last year

■ 1% veterans ■ 32% 1-2yr ■ 67% new
Of 506 current holders: 341 (67%) entered in the past year, only 4 (1%) 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.
🏆

Elite ownership — 42% AUM from top-100 funds

42% from top-100 AUM funds
24 of 457 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in ETHA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — 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 — ETHA

In 2026 Q2, 251 hedge funds were net buyers of ETHA (71 opened a new position, 180 added to an existing one), while 225 reduced or exited (131 trimmed, 94 sold completely) — a 53% buyer ratio, indicating a slight buying edge. Net selling has persisted for two consecutive quarters. 42% of total institutional value in ETHA is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -23 funds (more exits than new entries). Total institutional holders: 467.

Hedge Fund Ownership: ETHA

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

Market Analysis: ETHA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ETHA

-- --

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

12 top-rated funds 2 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
2.3
/ 10
conviction
Hedge Fund Positioning: ETHA
454 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 454 490 -7.35%
13F Shares 162M 160M 1.23%
Total Value $1.91B $2.50B -23.45%
New Positions 70 100 -30
Increased Positions 174 192 -18
Closed Positions 96 116 -20
Reduced Positions 117 107 +10
Total Calls 29 25 16.0%
Total Puts 20 19 5.26%
PUT/CALL Ratio 0.69 0.76 Bullish

Statistics: ETHA

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Institutional Holders (2026 Q2)

454 + investors

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

QUARTER:
Top 25 ETHA holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Farringdon Capital, Ltd. 4.24% 719,595 $8.6M
2 Galaxy Digital Inc. 3.51% 5,000,000 $59.5M
3 Kaleidoscope Capital LP 3.23% 735,926 $8.8M
4 Alpine Fox Capital LLC 3.15% 560,000 $6.7M
5 Deuterium Capital Management, LLC 2.48% 192,708 $2.3M
6 Sterling Investment Advisors LLC /Adv 2.35% 439,332 $5.2M
7 All-Stars Investment Ltd 1.90% 319,100 $3.8M
8 Titan Global Capital Management USA LLC 1.85% 1,220,065 $14.5M
9 Vienna Asset Management LLC 1.50% 180,452 $2.1M
10 Mfg Wealth Management, INC. 1.04% 122,214 $1.5M
11 Palatine Hill Wealth Management, LLC 1.00% 104,700 $1.2M
12 Spectrum Strategic Capital Management, LLC 0.81% 137,885 $1.6M
13 Gambit Capital Management, LLC 0.74% 107,582 $1.3M
14 DWM Financial Group, Inc. 0.74% 36,872 $827K
15 Spahn Wealth & Retirement LLC 0.73% 94,873 $1.1M
16 Counterweight Ventures, LLC 0.71% 120,056 $1.4M
17 Lauer Wealth, LLC 0.69% 81,452 $1.2M
18 Corecam AG 0.68% 66,600 $792K
19 Cobblestone Asset Management LLC 0.65% 130,830 $1.6M
20 Sanchez Levi Garrett 0.64% 98,408 $1.2M
21 Corecam Pte. Ltd. 0.63% 140,700 $1.7M
22 Gunpowder Capital Management, LLC dba Oliver Wealth Management 0.59% 70,134 $834K
23 Galaxy Digital Inc. 0.57% 818,390 $9.7M
24 Abound Financial, LLC 0.57% 120,474 $1.4M
25 LCM Capital Management Inc 0.56% 109,030 $1.3M
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 — Ishares Ethereum Tr (ETHA)

What does the Smart Money Trend signal show for ETHA?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their ETHA 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 ETHA?

Slight buying edge — 53% buying: Last quarter: 251 funds bought or added vs 225 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 ETHA holders?

Elite ownership — 42% AUM from top-100 funds: 24 of 457 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in ETHA. 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 ETHA?

Mostly new holders — 41% entered in last year: Only 18 funds (4%) 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.

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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