Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

First Tr Exch Traded Fd III (FCAL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
1Q ▼
Buyers last Q
46%

Smart Money Signals — FCAL

Based on 76 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 FCAL 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 (95% of max)

95% of all-time peak
76 hedge funds hold FCAL 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 — +4% more funds vs a year ago

fund count last 6Q
+3 new funds entered over the past year (+4% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 46% buying

32 buying37 selling
Last quarter: 37 funds reduced or exited vs 32 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 — ~7 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 12 → 5 → 8 → 7. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 34% medium ■ 12% new
41 out of 76 hedge funds have held FCAL 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.
➡️

Steady discovery — ~7 new funds/quarter

11 → 12 → 5 → 8 → 7 new funds/Q
New funds entering each quarter: 12 → 5 → 8 → 7. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 57% veterans vs 24% newcomers

■ 57% veterans ■ 20% 1-2yr ■ 24% new
Entry-cohort mix of 76 holders: 43 (57%) are 2+ year veterans, 15 entered 1–2 years ago, and 18 (24%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 47% AUM from top-100 funds

47% from top-100 AUM funds
8 of 76 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in FCAL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — 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 — FCAL

In 2026 Q1, 32 hedge funds were net buyers of FCAL (7 opened a new position, 25 added to an existing one), while 37 reduced or exited (29 trimmed, 8 sold completely) — a 46% buyer ratio, indicating roughly balanced activity. 47% of total institutional value in FCAL is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 76.

Hedge Fund Ownership: FCAL

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

Market Analysis: FCAL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FCAL

-- --

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

Is It Too Late to Buy First Tr Exch Traded Fd III (FCAL) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much FCAL 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 · 80d ago
FCAL
nan%
SPY
+13.9%

FCAL outperformed SPY by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 35d ago
FCAL
nan%
SPY
+0.2%

Since the filing became public, FCAL outperformed SPY by nan% .

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
0.8
/ 10
conviction
Hedge Fund Positioning: FCAL
76 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 76 77 -1.3%
13F Shares 3M 3M -5.73%
Total Value $136M $138M -1.43%
New Positions 7 8 -1
Increased Positions 25 34 -9
Closed Positions 8 3 +5
Reduced Positions 29 26 +3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FCAL

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

76 + investors

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

QUARTER:
Top 25 FCAL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Citizens Business Bank 0.95% 118,812 $5.8M
2 Westside Investment Management, Inc. 0.79% 105,885 $5.2M
3 Entruity Wealth, LLC 0.69% 20,766 $1.0M
4 Channel Wealth LLC 0.49% 41,084 $2.0M
5 Catalina Capital Group, LLC 0.48% 16,540 $809K
6 Climber Capital SA 0.47% 14,635 $715K
7 Ignite Planners, LLC 0.45% 59,874 $2.9M
8 Integral Investment Advisors, INC. 0.40% 32,755 $1.6M
9 Guild Investment Management, Inc. 0.38% 11,000 $538K
10 New Insight Wealth Advisors 0.37% 21,172 $1.0M
11 Southland Equity Partners LLC 0.34% 35,863 $1.8M
12 Navigation Group, LLC 0.34% 29,536 $1.4M
13 ASL Financial, LLC 0.24% 6,160 $301K
14 Foronjy Financial LLC 0.19% 9,256 $453K
15 Argyle Capital Partners, LLC 0.18% 5,051 $247K
16 Magnus Financial Group LLC 0.18% 44,242 $2.2M
17 Warren Street Wealth Advisors, LLC 0.17% 13,481 $659K
18 WESPAC Advisors SoCal, LLC 0.15% 14,801 $724K
19 Towerpoint Wealth, LLC 0.14% 6,950 $340K
20 Clg LLC 0.12% 10,286 $503K
21 Tidemark, LLC 0.11% 8,743 $427K
22 Golden State Wealth Management, LLC 0.10% 18,275 $893K
23 Composition Wealth, LLC 0.10% 143,476 $7.0M
24 Blue Zone Wealth Advisors, LLC 0.08% 8,000 $391K
25 TriaGen Wealth Management LLC 0.07% 5,259 $257K
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 — First Tr Exch Traded Fd III (FCAL)

What does the Smart Money Trend signal show for FCAL?

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

More sellers than buyers — 46% buying: Last quarter: 37 funds reduced or exited vs 32 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 FCAL holders?

Elite ownership — 47% AUM from top-100 funds: 8 of 76 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in FCAL. 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 FCAL?

54% of holders stayed for 2+ years: 41 out of 76 hedge funds have held FCAL 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 First Tr Exch Traded Fd III (FCAL) following the 2026 Q1 hedge fund 13F filings?

As of today, FCAL has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), FCAL has gained nan% vs +13.9% 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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