Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

First Tr Exchange-Traded Fd (FDL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +46
Streak
2Q ▲
Buyers last Q
61%

Smart Money Signals — FDL

Based on 500 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added FDL 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
500 hedge funds hold FDL 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
+80 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 — 61% buying

281 buying177 selling
Last quarter: 281 funds were net buyers (81 opened a brand new position + 200 added to an existing one). Only 177 were sellers (142 trimmed + 35 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+18 vs last Q)

new funds entering per quarter
Funds opening a new FDL position: 55 → 37 → 63 → 81. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

53% of holders stayed for 2+ years

■ 53% conviction (2yr+) ■ 25% medium ■ 23% new
263 out of 500 hedge funds have held FDL 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.
🚀

Acceleration phase — new buyers rushing in

62 → 55 → 37 → 63 → 81 new funds/Q
New funds entering each quarter: 55 → 37 → 63 → 81. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 56% veterans vs 27% newcomers

■ 56% veterans ■ 16% 1-2yr ■ 27% new
Entry-cohort mix of 500 holders: 281 (56%) are 2+ year veterans, 82 entered 1–2 years ago, and 137 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 53% AUM from top-100 funds

53% from top-100 AUM funds
23 of 500 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in FDL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.8
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.

Institutional Sentiment Summary — FDL

In 2026 Q1, 281 hedge funds were net buyers of FDL (81 opened a new position, 200 added to an existing one), while 177 reduced or exited (142 trimmed, 35 sold completely) — a 61% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. 53% of total institutional value in FDL is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +46 funds (more new holders than closures). Total institutional holders: 500.

Hedge Fund Ownership: FDL

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

Market Analysis: FDL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FDL

-- --

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

Is It Too Late to Buy First Tr Exchange-Traded Fd (FDL) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much FDL 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 · 77d ago
FDL
nan%
SPY
+15.9%

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

Since 13F Filing Date May 15, 2026 · 32d ago
FDL
nan%
SPY
+2.0%

Since the filing became public, FDL 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.

17 top-rated funds 18 high-conviction
Consensus
5.5
/ 10
breadth
×
Elite
3.5
/ 10
conviction
Hedge Fund Positioning: FDL
498 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 498 454 9.69%
13F Shares 88M 81M 7.86%
Total Value $4.34B $3.60B 20.45%
New Positions 81 63 +18
Increased Positions 198 174 +24
Closed Positions 37 39 -2
Reduced Positions 142 142 -
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FDL

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Institutional Holders (2026 Q1)

498 + investors

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

QUARTER:
Top 25 FDL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 HC Advisors, LLC 9.95% 292,704 $14.9M
2 Center for Wealth Management Advisory 9.31% 285,010 $12.6M
3 Del-Sette Capital Management, LLC 8.70% 286,124 $14.5M
4 Rockport Wealth LLC 8.19% 885,584 $45.0M
5 Park Square Financial Group, LLC 6.55% 16,985 $863K
6 Randall & Associates Wealth Management 5.92% 172,881 $8.8M
7 Southland Equity Partners LLC 5.52% 557,532 $28.3M
8 Keeler Thomas Management LLC 5.07% 235,888 $12.0M
9 Wisconsin Wealth Advisors, LLC 4.76% 95,163 $4.8M
10 Investors Research Corp 4.53% 321,226 $23.7M
11 HFG Advisors, Inc. 4.37% 122,254 $6.2M
12 Hidden Cove Wealth Management, LLC 4.19% 128,463 $6.5M
13 BlueChip Wealth Advisors LLC 3.78% 169,708 $8.6M
14 Csenge Advisory Group 3.65% 1,570,369 $79.8M
15 Compass Financial Services Inc 3.64% 165,278 $8.4M
16 TRUE Private Wealth Advisors 3.57% 738,221 $37.5M
17 Mach-1 Financial Group, LLC 3.35% 187,141 $9.5M
18 Milestones Private Investment Advisors LLC 3.34% 74,621 $3.8M
19 Key Client Fiduciary Advisors, LLC 3.15% 182,600 $9.3M
20 Manchester Financial Inc 3.08% 315,646 $16.0M
21 PMG Wealth Management, Inc. 3.00% 81,869 $4.2M
22 Next Level Private LLC 2.89% 251,817 $12.8M
23 Oxford Wealth Group, LLC 2.54% 91,506 $4.6M
24 Hobart Private Capital, LLC 2.53% 253,181 $12.9M
25 Hershey Financial Advisers, LLC 2.48% 56,470 $2.9M
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 Exchange-Traded Fd (FDL)

What does the Smart Money Trend signal show for FDL?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added FDL 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 FDL?

More buyers than sellers — 61% buying: Last quarter: 281 funds were net buyers (81 opened a brand new position + 200 added to an existing one). Only 177 were sellers (142 trimmed + 35 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for FDL holders?

Elite ownership — 53% AUM from top-100 funds: 23 of 500 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in FDL. 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 FDL?

53% of holders stayed for 2+ years: 263 out of 500 hedge funds have held FDL 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 Exchange-Traded Fd (FDL) following the 2026 Q1 hedge fund 13F filings?

As of today, FDL has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), FDL has gained nan% vs +15.9% 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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