Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Schwab Strategic Tr (FNDX)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +33
Streak
11Q ▲
Buyers last Q
62%

Smart Money Signals — FNDX

Based on 768 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q
For 11 consecutive quarters, more hedge funds added FNDX 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
768 hedge funds hold FNDX 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.
🚀

Fast accumulation — +23% more funds vs a year ago

fund count last 6Q
+146 new funds entered over the past year (+23% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 62% buying

421 buying256 selling
Last quarter: 421 funds were net buyers (95 opened a brand new position + 326 added to an existing one). Only 256 were sellers (194 trimmed + 62 sold completely). A clear majority buying is a strong confirmation signal.
⚠️

Fewer new buyers each quarter (-15 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 81 → 80 → 110 → 95. 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.
🔒

50% of holders stayed for 2+ years

■ 50% conviction (2yr+) ■ 27% medium ■ 23% new
386 out of 768 hedge funds have held FNDX 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

81 → 81 → 80 → 110 → 95 new funds/Q
New funds entering each quarter: 81 → 80 → 110 → 95. A growing number of institutions are discovering FNDX each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 53% veterans vs 29% newcomers

■ 53% veterans ■ 18% 1-2yr ■ 29% new
Entry-cohort mix of 768 holders: 406 (53%) are 2+ year veterans, 142 entered 1–2 years ago, and 220 (29%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 68% AUM from top-100 funds

68% from top-100 AUM funds
25 of 768 holders are among the 100 largest funds by AUM, controlling 68% of total institutional value in FNDX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — 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 — FNDX

In 2026 Q1, 421 hedge funds were net buyers of FNDX (95 opened a new position, 326 added to an existing one), while 256 reduced or exited (194 trimmed, 62 sold completely) — a 62% buyer ratio, indicating clear institutional accumulation. This marks 11 consecutive quarters of net institutional buying — a persistent conviction signal. 68% of total institutional value in FNDX is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +33 funds (more new holders than closures). Total institutional holders: 768.

Hedge Fund Ownership: FNDX

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

Market Analysis: FNDX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FNDX

-- --

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

Is It Too Late to Buy Schwab Strategic Tr (FNDX) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much FNDX 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
FNDX
+11.7%
SPY
+13.9%

FNDX outperformed SPY by -2.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 35d ago
FNDX
+2.7%
SPY
+0.2%

Since the filing became public, FNDX outperformed SPY by +2.5% .

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.

30 top-rated funds 45 high-conviction
Consensus
6.5
/ 10
breadth
×
Elite
3.7
/ 10
conviction
Hedge Fund Positioning: FNDX
760 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 760 735 3.4%
13F Shares 679M 668M 1.54%
Total Value $18.78B $17.85B 5.25%
New Positions 94 110 -16
Increased Positions 325 308 +17
Closed Positions 69 55 +14
Reduced Positions 190 172 +18
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FNDX

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Institutional Holders (2026 Q1)

760 + investors

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

QUARTER:
Top 25 FNDX holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Boulay Financial Advisors, LLC 30.58% 9,567,867 $266.5M
2 Koesten, Hirschmann & Crabtree, INC. 23.13% 1,704,754 $47.5M
3 Northwest Bancshares, Inc. 22.03% 3,974,516 $110.7M
4 Reston Wealth Management LLC 19.87% 2,329,590 $64.9M
5 Glassman Wealth Services 17.69% 4,671,904 $130.1M
6 Ptm Wealth Management, LLC 15.68% 1,051,900 $29.6M
7 Prairiewood Capital, LLC 15.42% 1,914,777 $53.3M
8 Richardson Capital Management LLC 13.54% 1,006,825 $28.0M
9 Allen Wealth Management, LLC 13.41% 962,107 $26.8M
10 Ashford Advisors, LLC 11.91% 1,835,393 $51.1M
11 McAdam, LLC 11.76% 9,370,273 $261.0M
12 Timmons Wealth Management, LLC 11.18% 423,721 $11.8M
13 Urban Financial Advisory Corp 10.62% 1,078,214 $30.0M
14 Envision Financial LLC 9.65% 644,177 $17.9M
15 Planned Solutions, Inc. 9.51% 1,043,467 $29.1M
16 Bell Investment Advisors, Inc 9.49% 2,178,555 $60.7M
17 Kelman-Lazarov, Inc. 9.47% 2,371,188 $66.0M
18 Aufman Associates Inc 9.27% 678,694 $18.9M
19 VVR Holdings LLC 9.25% 643,199 $17.9M
20 Bristlecone Value Partners, LLC 9.19% 375,200 $10.4M
21 Northland Capital Management LLC 9.16% 601,226 $16.7M
22 Nicholson Meyer Capital Management, Inc. 8.94% 418,625 $11.7M
23 Wealth Forward, LLC 8.83% 561,949 $15.7M
24 Williams Financial, LLC 8.62% 531,596 $14.8M
25 Lee Financial Co 8.58% 2,183,679 $60.8M
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 — Schwab Strategic Tr (FNDX)

What does the Smart Money Trend signal show for FNDX?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added FNDX 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 FNDX?

More buyers than sellers — 62% buying: Last quarter: 421 funds were net buyers (95 opened a brand new position + 326 added to an existing one). Only 256 were sellers (194 trimmed + 62 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for FNDX holders?

Elite ownership — 68% AUM from top-100 funds: 25 of 768 holders are among the 100 largest funds by AUM, controlling 68% of total institutional value in FNDX. 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 FNDX?

50% of holders stayed for 2+ years: 386 out of 768 hedge funds have held FNDX 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 Schwab Strategic Tr (FNDX) following the 2026 Q1 hedge fund 13F filings?

As of today, FNDX has moved +2.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of +2.5%. Since the quarter end (March 31, 2026), FNDX has gained +11.7% 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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