Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Volatility Shs Tr (ETHU)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -3
Streak
2Q ▼
Buyers last Q
50%

Smart Money Signals — ETHU

Based on 35 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their ETHU 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 — 70% of 2.2Y peak

70% of all-time peak
35 funds currently hold this stock — 70% of the 2.2-year high of 50 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 10% fewer funds vs a year ago

fund count last 6Q
4 fewer hedge funds hold ETHU compared to a year ago (-10% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 50% buying

22 buying22 selling
Last quarter: 22 funds bought or added vs 22 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 — ~10 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 17 → 29 → 14 → 10. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 51% entered in last year

■ 11% conviction (2yr+) ■ 37% medium ■ 51% new
Only 4 funds (11%) 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 -19%, value -69%

Value
-68%
Shares
-19%
Last quarter: funds added -19% more shares while total portfolio value only changed -69%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
⚠️

Saturation — most institutions already know this story

20 → 17 → 29 → 14 → 10 new funds/Q
New funds entering each quarter: 17 → 29 → 14 → 10. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.
📊

Mixed cohorts — 0% veterans, 45% new entrants

■ 0% veterans ■ 55% 1-2yr ■ 45% new
Of 40 current holders: 0 (0%) held 2+ years, 22 held 1–2 years, 18 (45%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆

Elite ownership — 43% AUM from top-100 funds

43% from top-100 AUM funds
4 of 33 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in ETHU. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.8
out of 10
Low Exit Risk
Exit risk score 2.8/10 — 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 — ETHU

In 2026 Q1, 22 hedge funds were net buyers of ETHU (10 opened a new position, 12 added to an existing one), while 22 reduced or exited (9 trimmed, 13 sold completely) — a 50% buyer ratio, indicating a slight buying edge. Net selling has persisted for two consecutive quarters. 43% of total institutional value in ETHU is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -3 funds (more exits than new entries). Total institutional holders: 35.

Hedge Fund Ownership: ETHU

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

Market Analysis: ETHU

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ETHU

-- --

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

Is It Too Late to Buy Volatility Shs Tr (ETHU) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much ETHU 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 · 86d ago
ETHU
-49.3%
SPY
+13.0%

ETHU outperformed SPY by -62.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 41d ago
ETHU
-53.4%
SPY
-0.5%

Since the filing became public, ETHU outperformed SPY by -52.9% .

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
0.8
/ 10
conviction
Hedge Fund Positioning: ETHU
35 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 35 38 -7.89%
13F Shares 4M 5M -19.06%
Total Value $80M $255M -68.56%
New Positions 10 14 -4
Increased Positions 11 8 +3
Closed Positions 13 26 -13
Reduced Positions 8 6 +2
Total Calls 4 6 -33.33%
Total Puts 3 5 -40.0%
PUT/CALL Ratio 0.75 0.83 Neutral

Statistics: ETHU

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Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

35 + investors

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

QUARTER:
Top 25 ETHU holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 SLT Holdings LLC 1.86% 123,000 $2.7M
2 KEYWISE CAPITAL MANAGEMENT (HK) Ltd 0.50% 141,500 $3.2M
3 Legacy Wealth Managment, LLC/ID 0.29% 25,992 $581K
4 Headlands Technologies LLC 0.05% 20,036 $448K
5 DGS Capital Management, LLC 0.04% 12,256 $274K
6 Foundations Investment Advisors, LLC 0.03% 123,000 $2.7M
7 Mcguire Capital Advisors Inc 0.03% 1,874 $42K
8 Richard W. Paul & Associates, LLC 0.02% 3,091 $69K
9 Trask Adam Roland 0.02% 1,016 $23K
10 Jump Financial, LLC 0.01% 22,263 $498K
11 Morse Asset Management, Inc 0.01% 1,150 $26K
12 Kilter Group LLC 0.01% 550 $12K
13 LMR Partners LLP 0.00% 50,000 $1.1M
14 Signaturefd, LLC 0.00% 6,758 $151K
15 Citadel Advisors LLC 0.00% 538,330 $12.0M
16 Jane Street Group, LLC 0.00% 568,745 $12.7M
17 Susquehanna International Group, LLP 0.00% 619,800 $13.9M
18 Tower Research Capital LLC (TRC) 0.00% 2,135 $48K
19 Citadel Advisors LLC 0.00% 317,690 $7.1M
20 Group One Trading LLC 0.00% 26,033 $582K
21 Ankerstar Wealth, LLC 0.00% 44 —
22 Parallel Advisors, LLC 0.00% 2,450 $55K
23 Root Financial Partners, LLC 0.00% 944 $21K
24 Susquehanna International Group, LLP 0.00% 381,400 $8.5M
25 Jane Street Group, LLC 0.00% 304,681 $6.8M
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 — Volatility Shs Tr (ETHU)

What does the Smart Money Trend signal show for ETHU?

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

Slight buying edge — 50% buying: Last quarter: 22 funds bought or added vs 22 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 ETHU holders?

Elite ownership — 43% AUM from top-100 funds: 4 of 33 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in ETHU. 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 ETHU?

Mostly new holders — 51% entered in last year: Only 4 funds (11%) 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 Volatility Shs Tr (ETHU) following the 2026 Q1 hedge fund 13F filings?

As of today, ETHU has moved -53.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to -0.5% for the SPY sector ETF — an outperformance of -52.9%. Since the quarter end (March 31, 2026), ETHU has gained -49.3% vs +13.0% 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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