Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Graniteshares ETF Tr (FBL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -3
Streak
1Q ▼
Buyers last Q
43%

Smart Money Signals — FBL

Based on 17 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 FBL 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 — 85% of 3.0Y peak

85% of all-time peak
17 funds currently hold this stock — 85% of the 3.0-year high of 20 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 6% fewer funds vs a year ago

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

More sellers than buyers — 43% buying

10 buying13 selling
Last quarter: 13 funds reduced or exited vs 10 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~3 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 5 → 8 → 6 → 3. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌

Mixed — 29% long-term, 29% new

■ 29% conviction (2yr+) ■ 41% medium ■ 29% new
Of the 17 current holders: 5 (29%) held >2 years, 7 held 1–2 years, and 5 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💎

Buying through price weakness — shares +77%, value +25%

Value
+24%
Shares
+76%
Last quarter: funds added +77% more shares while total portfolio value only changed +25%. 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

5 → 5 → 8 → 6 → 3 new funds/Q
New funds entering each quarter: 5 → 8 → 6 → 3. FBL is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
📊

Mixed cohorts — 24% veterans, 33% new entrants

■ 24% veterans ■ 43% 1-2yr ■ 33% new
Of 21 current holders: 5 (24%) held 2+ years, 9 held 1–2 years, 7 (33%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆

Elite ownership — 88% AUM from top-100 funds

88% from top-100 AUM funds
7 of 16 holders are among the 100 largest funds by AUM, controlling 88% of total institutional value in FBL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — 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 — FBL

In 2026 Q1, 10 hedge funds were net buyers of FBL (3 opened a new position, 7 added to an existing one), while 13 reduced or exited (7 trimmed, 6 sold completely) — a 43% buyer ratio, indicating roughly balanced activity. 88% of total institutional value in FBL 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: 17.

Hedge Fund Ownership: FBL

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

Market Analysis: FBL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FBL

-- --

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

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

Signal Freshness measures how much FBL 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 · 84d ago
FBL
-8.4%
SPY
+14.9%

FBL outperformed SPY by -23.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 39d ago
FBL
-18.0%
SPY
+1.1%

Since the filing became public, FBL outperformed SPY by -19.1% .

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.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.0
/ 10
conviction
Hedge Fund Positioning: FBL
17 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 17 20 -15.0%
13F Shares 1M 680K 76.67%
Total Value $28M $22M 24.77%
New Positions 3 6 -3
Increased Positions 6 11 -5
Closed Positions 6 5 +1
Reduced Positions 6 2 +4
Total Calls 2 3 -33.33%
Total Puts 3 4 -25.0%
PUT/CALL Ratio 1.5 1.33 Bearish

Statistics: FBL

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

17 + investors

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

QUARTER:
Top 21 FBL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Sollinda Capital Management LLC 0.11% 20,000 $459K
2 TRUE Private Wealth Advisors 0.09% 43,129 $990K
3 Larson Financial Group LLC 0.00% 5,353 $123K
4 Jump Financial, LLC 0.00% 11,589 $266K
5 SBI Securities Co., Ltd. 0.00% 2,594 $60K
6 UBS Group AG 0.00% 302,044 $6.9M
7 Nbc Securities, INC. 0.00% 450 $10K
8 Goldman Sachs Group Inc 0.00% 240,002 $5.5M
9 Creative Financial Designs Inc /Adv 0.00% 408 $9K
10 Citadel Advisors LLC 0.00% 143,600 $3.3M
11 Optiver Holding B.V. 0.00% 55,671 $1.3M
12 Citadel Advisors LLC 0.00% 91,700 $2.1M
13 Susquehanna International Group, LLP 0.00% 110,700 $2.5M
14 Group One Trading LLC 0.00% 4,469 $103K
15 Susquehanna International Group, LLP 0.00% 55,600 $1.3M
16 Susquehanna International Group, LLP 0.00% 42,309 $971K
17 Simplex Trading, LLC 0.00% 6,733 $155K
18 Jane Street Group, LLC 0.00% 35,000 $804K
19 Jane Street Group, LLC 0.00% 28,220 $648K
20 Federation des caisses Desjardins du Quebec 0.00% 1,000 $23K
21 Citigroup Inc 0.00% 1 —
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 — Graniteshares ETF Tr (FBL)

What does the Smart Money Trend signal show for FBL?

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

More sellers than buyers — 43% buying: Last quarter: 13 funds reduced or exited vs 10 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for FBL holders?

Elite ownership — 88% AUM from top-100 funds: 7 of 16 holders are among the 100 largest funds by AUM, controlling 88% of total institutional value in FBL. 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 FBL?

Mixed — 29% long-term, 29% new: Of the 17 current holders: 5 (29%) held >2 years, 7 held 1–2 years, and 5 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Is it too late to buy Graniteshares ETF Tr (FBL) following the 2026 Q1 hedge fund 13F filings?

As of today, FBL has moved -18.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.1% for the SPY sector ETF — an outperformance of -19.1%. Since the quarter end (March 31, 2026), FBL has gained -8.4% 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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