Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

First Tr Exch Traded Fd III (FMB)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
1Q ▼
Buyers last Q
57%

Smart Money Signals — FMB

Based on 295 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 FMB 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 (98% of max)

98% of all-time peak
295 hedge funds hold FMB 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.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding FMB is almost the same as a year ago (+1 funds, +0% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 57% buying

161 buying119 selling
Last quarter: 161 funds bought or added vs 119 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-19 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 30 → 20 → 44 → 25. 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.
🔒

68% of holders stayed for 2+ years

■ 68% conviction (2yr+) ■ 15% medium ■ 17% new
201 out of 295 hedge funds have held FMB 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.
📈

Growing discovery — still being found

25 → 30 → 20 → 44 → 25 new funds/Q
New funds entering each quarter: 30 → 20 → 44 → 25. A growing number of institutions are discovering FMB each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 69% veterans vs 20% newcomers

■ 69% veterans ■ 11% 1-2yr ■ 20% new
Entry-cohort mix of 295 holders: 204 (69%) are 2+ year veterans, 33 entered 1–2 years ago, and 58 (20%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 48% AUM from top-100 funds

48% from top-100 AUM funds
16 of 295 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in FMB. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — 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 — FMB

In 2026 Q1, 161 hedge funds were net buyers of FMB (25 opened a new position, 136 added to an existing one), while 119 reduced or exited (92 trimmed, 27 sold completely) — a 57% buyer ratio, indicating a slight buying edge. 48% of total institutional value in FMB is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 295.

Hedge Fund Ownership: FMB

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

Market Analysis: FMB

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FMB

-- --

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

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

Signal Freshness measures how much FMB 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 · 78d ago
FMB
+1.3%
SPY
+15.9%

FMB outperformed SPY by -14.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
FMB
+1.3%
SPY
+2.0%

Since the filing became public, FMB outperformed SPY by -0.7% .

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.

10 top-rated funds 1 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
2.2
/ 10
conviction
Hedge Fund Positioning: FMB
290 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 290 297 -2.36%
13F Shares 30M 29M 2.33%
Total Value $1.44B $1.50B -4.46%
New Positions 24 44 -20
Increased Positions 134 106 +28
Closed Positions 31 24 +7
Reduced Positions 91 112 -21
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FMB

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Financial Highlights

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Institutional Holders (2026 Q1)

290 + investors

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

QUARTER:
Top 25 FMB holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 True Blue Financial, LLC 10.76% 269,428 $13.6M
2 Frisch Financial Group, Inc. 2.33% 220,140 $11.2M
3 Blackhawk Capital Partners, LLC 2.12% 114,133 $5.8M
4 BCGM Wealth Management, LLC 1.76% 138,020 $7.0M
5 Capital Financial Group Inc\co\ /Adv 1.57% 56,520 $2.9M
6 Legacy Solutions, LLC 1.49% 31,696 $1.6M
7 ERn Financial, LLC 1.45% 152,273 $7.7M
8 Etesian Wealth Advisors, Inc. 1.40% 86,698 $4.4M
9 Fsb Premier Wealth Management, INC. 1.38% 87,194 $4.4M
10 RMR Wealth Builders 1.33% 333,050 $16.9M
11 Stonehaven Wealth & Tax Solutions, LLC 1.25% 27,815 $1.4M
12 Avantax Planning Partners, Inc. 1.17% 842,907 $42.7M
13 HFG Wealth Management, LLC 1.15% 41,072 $2.1M
14 Arwa LLC 1.10% 43,532 $2.2M
15 Qp Wealth Management, LLC 1.07% 12,360 $626K
16 Investment Planning Advisors, Inc. 1.07% 76,795 $3.9M
17 EdgeRock Capital LLC 1.05% 76,362 $3.9M
18 Landmark Wealth Management, LLC 0.90% 66,475 $3.4M
19 Motco 0.87% 185,023 $9.4M
20 Brady Martz Wealth Solutions, LLC 0.86% 100,042 $5.1M
21 Milestones Private Investment Advisors LLC 0.85% 19,156 $970K
22 Prestige Wealth Management Group LLC 0.83% 83,712 $4.2M
23 WealthCare Investment Partners, LLC 0.82% 58,435 $3.0M
24 Uniting Wealth Partners, LLC 0.81% 74,667 $3.8M
25 Traction Financial Partners, LLC 0.80% 25,631 $1.3M
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 (FMB)

What does the Smart Money Trend signal show for FMB?

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

Slight buying edge — 57% buying: Last quarter: 161 funds bought or added vs 119 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for FMB holders?

Elite ownership — 48% AUM from top-100 funds: 16 of 295 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in FMB. 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 FMB?

68% of holders stayed for 2+ years: 201 out of 295 hedge funds have held FMB 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 (FMB) following the 2026 Q1 hedge fund 13F filings?

As of today, FMB has moved +1.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of -0.7%. Since the quarter end (March 31, 2026), FMB has gained +1.3% 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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