Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

FIDELITY MERRIMACK STR TR (FBND)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +60
Streak
11Q ▲
Buyers last Q
76%

Smart Money Signals — FBND

Based on 670 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q
For 11 consecutive quarters, more hedge funds added FBND 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
670 hedge funds hold FBND 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 — +19% more funds vs a year ago

fund count last 6Q
+106 new funds entered over the past year (+19% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 76% buying

517 buying161 selling
Last quarter: 517 funds were net buyers (106 opened a brand new position + 411 added to an existing one). Only 161 were sellers (115 trimmed + 46 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+47 vs last Q)

new funds entering per quarter
Funds opening a new FBND position: 64 → 66 → 59 → 106. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

47% of holders stayed for 2+ years

■ 47% conviction (2yr+) ■ 30% medium ■ 22% new
316 out of 670 hedge funds have held FBND 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.
💰

Price up while funds trimmed (+4% value, -13% shares)

Value
+4%
Shares
-12%
Last quarter: total value of institutional FBND holdings rose +4% even though funds reduced share count by 13%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
📈

Growing discovery — still being found

103 → 64 → 66 → 59 → 106 new funds/Q
New funds entering each quarter: 64 → 66 → 59 → 106. A growing number of institutions are discovering FBND each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 45% of holders stayed 2+ years

■ 45% veterans ■ 23% 1-2yr ■ 33% new
Of 670 current holders: 300 (45%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 27% AUM from major funds

27% from top-100 AUM funds
19 of 670 holders rank in the top 100 by AUM, accounting for 27% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — 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.

Hedge Fund Ownership: FBND

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

Market Analysis: FBND

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FBND

-- --
Smart Money Signal ?
Growing Institutional Interest

Quality funds are building positions — conviction is rising but not yet widespread.

28 top-rated funds 72 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
6.3
/ 10
conviction
Hedge Fund Positioning: FBND
2026 Q1 Stats Unlock in 22 days 670 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 670 612 9.48%
13F Shares 321M 367M -12.6%
Total Value $17.71B $16.98B 4.32%
New Positions 106 59 +47
Increased Positions 411 382 +29
Closed Positions 48 38 +10
Reduced Positions 115 135 -20
Total Calls 0 1 -100.0%
Total Puts 0 1 -100.0%
PUT/CALL Ratio 0.0 1.0 Bullish

Statistics: FBND

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

670 + investors

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

Top 25 institutional holders of FBND — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Sherrill & Hutchins Financial Advisory, Inc 24.40% 905,462 $41.3M
2 Targeted Financial Services LLC 19.96% 533,468 $24.3M
3 Investment Advisory Services Group LLC 17.66% 445,066 $20.3M
4 SARD WEALTH MANAGEMENT GROUP, LLC 14.37% 579,529 $26.4M
5 S Harris Financial Group, LLC 13.04% 313,496 $14.3M
6 OLIO Financial Planning 12.87% 1,018,206 $46.5M
7 Kastel Capital Advisors, LLC 12.32% 436,100 $20.1M
8 HICKS CAPITAL MANAGEMENT LLC 11.50% 251,985 $11.5M
9 WEALTH MANAGEMENT RESOURCES, INC. 10.53% 662,891 $30.2M
10 Meriwether Wealth & Planning, LLC 9.89% 395,588 $18.0M
11 Sunburst Financial Group, LLC 9.64% 1,146,791 $52.3M
12 Forbes Financial Planning, Inc. 9.63% 365,535 $16.7M
13 Legacy Wealth Management, LLC 9.31% 3,499,700 $159.7M
14 SAX WEALTH ADVISORS, LLC 8.92% 3,998,696 $184.1M
15 tru Independence LLC 8.89% 394,207 $18.0M
16 RCS Financial Planning, LLC 8.75% 368,095 $16.9M
17 Octavia Wealth Advisors, LLC 8.40% 1,919,010 $87.9M
18 Salus Financial Advisors, LLC 8.35% 313,851 $14.3M
19 Presidio Capital Management, LLC 8.17% 616,475 $28.1M
20 Williams & Novak, LLC 8.05% 235,927 $10.8M
21 WestHill Financial Advisors, Inc. 7.81% 895,365 $40.8M
22 Quotient Wealth Partners, LLC 7.81% 6,501,284 $296.6M
23 CAPITAL WEALTH MANAGEMENT, LLC 7.72% 625,513 $28.5M
24 Cyr Financial Inc. 7.67% 285,529 $13.0M
25 MEMBERS WEALTH LLC 7.27% 264,915 $12.2M
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 — FIDELITY MERRIMACK STR TR (FBND)

What does the Smart Money Trend signal show for FBND?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added FBND 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 FBND?

More buyers than sellers — 76% buying: Last quarter: 517 funds were net buyers (106 opened a brand new position + 411 added to an existing one). Only 161 were sellers (115 trimmed + 46 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for FBND holders?

Strong quality — 27% AUM from major funds: 19 of 670 holders rank in the top 100 by AUM, accounting for 27% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held FBND?

47% of holders stayed for 2+ years: 316 out of 670 hedge funds have held FBND 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.

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.