Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

First Tr Exch Trd Alphdx Fd (FKU)

24 + Investors. Track Smart Money conviction in FKU. 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
41%

Smart Money Signals — FKU

Based on 25 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their FKU 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 — 86% of 3.0Y peak

86% of all-time peak
25 funds currently hold this stock — 86% of the 3.0-year high of 29 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +9% more funds vs a year ago

fund count last 6Q
+2 new funds entered over the past year (+9% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 41% buying

14 buying20 selling
Last quarter: 20 funds reduced or exited vs 14 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: 3 → 6 → 7 → 7. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

56% of holders stayed for 2+ years

■ 56% conviction (2yr+) ■ 8% medium ■ 36% new
14 out of 25 hedge funds have held FKU 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

7 → 3 → 6 → 7 → 7 new funds/Q
New funds entering each quarter: 3 → 6 → 7 → 7. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 56% veterans vs 40% newcomers

■ 56% veterans ■ 4% 1-2yr ■ 40% new
Entry-cohort mix of 25 holders: 14 (56%) are 2+ year veterans, 1 entered 1–2 years ago, and 10 (40%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 27% AUM from major funds

27% from top-100 AUM funds
4 of 24 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.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — 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 — FKU

In 2026 Q2, 14 hedge funds were net buyers of FKU (7 opened a new position, 7 added to an existing one), while 20 reduced or exited (10 trimmed, 10 sold completely) — a 41% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 27% of total institutional value in FKU is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -3 funds (more exits than new entries). Total institutional holders: 25.

Hedge Fund Ownership: FKU

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

Market Analysis: FKU

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FKU

-- --

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

0 top-rated funds 0 high-conviction
Consensus
0.0
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: FKU
24 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 24 28 -14.29%
13F Shares 368K 2M -79.73%
Total Value $18M $91M -80.83%
New Positions 7 7 -
Increased Positions 7 11 -4
Closed Positions 10 8 +2
Reduced Positions 10 7 +3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FKU

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
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 Q2)

24 + investors

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

QUARTER:
Top 23 FKU holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Unique Wealth Strategies, LLC 0.28% 13,915 $708K
2 Dunhill Financial, LLC 0.26% 23,682 $1.3M
3 Genesee Capital Advisors, LLC 0.19% 11,637 $612K
4 Walkner Condon Financial Advisors LLC 0.05% 8,822 $464K
5 PGIM Custom Harvest LLC 0.01% 15,591 $820K
6 W1M Asset Management Ltd 0.01% 15,282 $804K
7 Rathbones Group PLC 0.01% 35,441 $1.9M
8 Williams Jones Wealth Management, LLC. 0.00% 5,000 $263K
9 Corient Private Wealth LP 0.00% 32,528 $1.7M
10 Maseco LLP 0.00% 1,144 $60K
11 Quantinno Capital Management LP 0.00% 19,175 $1.0M
12 Citadel Advisors LLC 0.00% 50,403 $2.7M
13 Transamerica Financial Advisors, LLC 0.00% 67 $4K
14 Susquehanna International Group, LLP 0.00% 37,676 $2.0M
15 NewEdge Advisors, LLC 0.00% 737 $39K
16 Jane Street Group, LLC 0.00% 23,872 $1.3M
17 Morgan Stanley 0.00% 33,472 $1.8M
18 Millennium Management LLC 0.00% 4,050 $213K
19 Fifth Third Bancorp 0.00% 123 $6K
20 UBS Group AG 0.00% 802 $42K
21 Mercer Global Advisors Inc /Adv 0.00% 75 $4K
22 Assetmark, Inc 0.00% 23 $1K
23 Wells Fargo & Company/Mn 0.00% — —
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 Trd Alphdx Fd (FKU)

What does the Smart Money Trend signal show for FKU?

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

More sellers than buyers — 41% buying: Last quarter: 20 funds reduced or exited vs 14 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 FKU holders?

Strong quality — 27% AUM from major funds: 4 of 24 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 FKU?

56% of holders stayed for 2+ years: 14 out of 25 hedge funds have held FKU 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.

Full history →