Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

First Tr Exchng Traded Fd VI (FMAY)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +7
Streak
2Q ▲
Buyers last Q
34%

Smart Money Signals — FMAY

Based on 130 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 FMAY 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
130 hedge funds hold FMAY 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
+21 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.
🔴

Heavy selling pressure — only 34% buying

34 buying67 selling
Last quarter: 67 funds sold vs only 34 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
⚠️

Fewer new buyers each quarter (-6 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 22 → 16 → 18 → 12. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

40% of holders stayed for 2+ years

■ 40% conviction (2yr+) ■ 42% medium ■ 18% new
52 out of 130 hedge funds have held FMAY 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.
📊

Peak discovery — momentum slowing

12 → 22 → 16 → 18 → 12 new funds/Q
New funds entering each quarter: 22 → 16 → 18 → 12. FMAY is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 45% veterans vs 27% newcomers

■ 45% veterans ■ 28% 1-2yr ■ 27% new
Entry-cohort mix of 130 holders: 58 (45%) are 2+ year veterans, 37 entered 1–2 years ago, and 35 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 7% AUM from top-100

7% from top-100 AUM funds
11 of 130 holders rank in the top 100 by AUM, but together hold only 7% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.5
out of 10
Moderate Exit Risk
Exit risk score 4.5/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 — FMAY

In 2026 Q1, 34 hedge funds were net buyers of FMAY (12 opened a new position, 22 added to an existing one), while 67 reduced or exited (62 trimmed, 5 sold completely) — a 34% buyer ratio, indicating net institutional distribution. Net buying has persisted for two consecutive quarters, a positive momentum signal. Net fund flow last quarter: +7 funds (more new holders than closures). Total institutional holders: 130.

Hedge Fund Ownership: FMAY

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

Market Analysis: FMAY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FMAY

-- --

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

Is It Too Late to Buy First Tr Exchng Traded Fd VI (FMAY) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much FMAY 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 · 79d ago
FMAY
+5.6%
SPY
+13.9%

FMAY outperformed SPY by -8.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
FMAY
+0.2%
SPY
+0.2%

Since the filing became public, FMAY outperformed SPY by +0.0% .

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.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
1.4
/ 10
conviction
Hedge Fund Positioning: FMAY
127 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 127 123 3.25%
13F Shares 4M 4M 0.18%
Total Value $215M $224M -3.89%
New Positions 11 18 -7
Increased Positions 22 19 +3
Closed Positions 7 11 -4
Reduced Positions 61 52 +9
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FMAY

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Institutional Holders (2026 Q1)

127 + investors

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

QUARTER:
Top 25 FMAY holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 FOCUS Wealth Advisors, LLC 12.39% 480,320 $25.4M
2 Tanglewood Legacy Advisors, LLC 1.99% 104,089 $5.5M
3 Keystone Wealth Services, LLC 1.88% 166,508 $8.8M
4 REAP Financial Group, LLC 1.73% 166,350 $8.8M
5 Fsb Premier Wealth Management, INC. 1.18% 71,328 $3.8M
6 Clear Point Advisors Inc. 1.13% 27,528 $1.5M
7 FWG Investments, LLC. 1.10% 32,919 $1.7M
8 Grantvest Financial Group LLC 0.86% 25,267 $1.3M
9 Integrity Financial Corp /WA 0.78% 29,678 $1.6M
10 1776 Wealth LLC 0.60% 28,753 $1.5M
11 WESPAC Advisors SoCal, LLC 0.58% 51,311 $2.7M
12 Ignite Planners, LLC 0.56% 68,190 $3.6M
13 TopTier Wealth Management, LLC 0.46% 14,094 $744K
14 Legacy Solutions, LLC 0.37% 7,544 $398K
15 Accel Wealth Management 0.31% 22,615 $1.2M
16 Legacy Wealth Managment, LLC/ID 0.30% 11,620 $614K
17 Sloy Dahl & Holst, LLC 0.30% 41,845 $2.2M
18 Action Point Financial Planning, LLC 0.28% 6,000 $317K
19 Pacific Excel Wealth Advisors, Inc. 0.27% 4,793 $253K
20 Wealthgarden F.S. LLC 0.25% 6,991 $369K
21 DHJJ Financial Advisors, Ltd. 0.23% 13,150 $694K
22 TFB Advisors LLC 0.22% 7,896 $417K
23 VVR Holdings LLC 0.21% 7,631 $403K
24 Arbor Capital Management Inc /Adv 0.21% 4,777 $255K
25 Financial Network Wealth Advisors LLC 0.19% 3,562 $188K
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 Exchng Traded Fd VI (FMAY)

What does the Smart Money Trend signal show for FMAY?

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

Heavy selling pressure — only 34% buying: Last quarter: 67 funds sold vs only 34 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for FMAY holders?

Smaller funds dominant — 7% AUM from top-100: 11 of 130 holders rank in the top 100 by AUM, but together hold only 7% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held FMAY?

40% of holders stayed for 2+ years: 52 out of 130 hedge funds have held FMAY 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 Exchng Traded Fd VI (FMAY) following the 2026 Q1 hedge fund 13F filings?

As of today, FMAY has moved +0.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of +0.0%. Since the quarter end (March 31, 2026), FMAY has gained +5.6% 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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