Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

First Tr Exch Traded Fd III (FPEI)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +1
Streak
3Q ▲
Buyers last Q
55%

Smart Money Signals — FPEI

Based on 208 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added FPEI 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
208 hedge funds hold FPEI 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 — +16% more funds vs a year ago

fund count last 6Q
+28 new funds entered over the past year (+16% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 55% buying

117 buying94 selling
Last quarter: 117 funds bought or added vs 94 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.
➡️

Steady new buyers — ~30 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 13 → 28 → 35 → 30. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

49% of holders stayed for 2+ years

■ 49% conviction (2yr+) ■ 24% medium ■ 27% new
101 out of 208 hedge funds have held FPEI 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.
💎

Buying through price weakness — shares -2%, value -19%

Value
-18%
Shares
-1%
Last quarter: funds added -2% more shares while total portfolio value only changed -19%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
🚀

Acceleration phase — new buyers rushing in

21 → 13 → 28 → 35 → 30 new funds/Q
New funds entering each quarter: 13 → 28 → 35 → 30. 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 — 52% veterans vs 31% newcomers

■ 52% veterans ■ 17% 1-2yr ■ 31% new
Entry-cohort mix of 208 holders: 108 (52%) are 2+ year veterans, 35 entered 1–2 years ago, and 65 (31%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 62% AUM from top-100 funds

62% from top-100 AUM funds
14 of 208 holders are among the 100 largest funds by AUM, controlling 62% of total institutional value in FPEI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — 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 — FPEI

In 2026 Q1, 117 hedge funds were net buyers of FPEI (30 opened a new position, 87 added to an existing one), while 94 reduced or exited (65 trimmed, 29 sold completely) — a 55% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 62% of total institutional value in FPEI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +1 funds (more new holders than closures). Total institutional holders: 208.

Hedge Fund Ownership: FPEI

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

Market Analysis: FPEI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FPEI

-- --

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

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

Signal Freshness measures how much FPEI 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
FPEI
+1.4%
SPY
+13.9%

FPEI outperformed SPY by -12.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
FPEI
+0.8%
SPY
+0.2%

Since the filing became public, FPEI outperformed SPY by +0.6% .

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.

6 top-rated funds 2 high-conviction
Consensus
3.7
/ 10
breadth
×
Elite
2.6
/ 10
conviction
Hedge Fund Positioning: FPEI
208 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 208 207 0.48%
13F Shares 78M 80M -1.84%
Total Value $1.50B $1.84B -18.6%
New Positions 30 35 -5
Increased Positions 87 96 -9
Closed Positions 29 13 +16
Reduced Positions 65 57 +8
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FPEI

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

208 + investors

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

QUARTER:
Top 25 FPEI holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Montis Financial, LLC 7.14% 1,816,813 $34.5M
2 Westview Management dba Westview Investment Advisors 3.51% 355,034 $6.7M
3 Integral Investment Advisors, INC. 2.91% 614,923 $11.7M
4 Smith Chas P & Associates Pa Cpas 2.50% 2,424,767 $46.1M
5 Legacy Edge Advisors, LLC 2.43% 1,214,315 $23.1M
6 Adamsbrown Wealth Consultants LLC 2.29% 455,046 $8.6M
7 Legacy CG, LLC 2.19% 415,652 $7.9M
8 Essex LLC 2.17% 645,831 $12.3M
9 Protective Life Corp 1.88% 29,697 $564K
10 Vista Investment Management 1.77% 279,678 $5.3M
11 Elevated Capital Advisors, LLC 1.76% 367,491 $7.0M
12 Qp Wealth Management, LLC 1.69% 51,810 $984K
13 Fukoku Mutual Life Insurance Co 1.57% 1,259,000 $23.9M
14 True Blue Financial, LLC 1.55% 103,539 $2.0M
15 Marshall Investment Management, LLC 1.44% 158,410 $3.0M
16 Winebrenner Capital Management LLC 1.43% 116,928 $2.2M
17 Key FInancial Inc 1.34% 395,547 $7.5M
18 Synergy Investment Management, LLC 1.29% 208,278 $4.0M
19 NewEdge Advisors, LLC 1.27% 793,314 $27.3M
20 Flynn Zito Capital Management, LLC 1.03% 170,481 $3.2M
21 Merkkuri Wealth Advisors LLC 0.97% 76,850 $1.5M
22 1776 Wealth LLC 0.93% 124,789 $2.4M
23 Veridan Wealth LLC 0.90% 128,009 $2.4M
24 Investment Partners Asset Management, Inc. 0.88% 74,885 $1.4M
25 StoneCrest Wealth Management, Inc. 0.85% 105,581 $2.0M
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 (FPEI)

What does the Smart Money Trend signal show for FPEI?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added FPEI 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 FPEI?

Slight buying edge — 55% buying: Last quarter: 117 funds bought or added vs 94 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 FPEI holders?

Elite ownership — 62% AUM from top-100 funds: 14 of 208 holders are among the 100 largest funds by AUM, controlling 62% of total institutional value in FPEI. 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 FPEI?

49% of holders stayed for 2+ years: 101 out of 208 hedge funds have held FPEI 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 (FPEI) following the 2026 Q1 hedge fund 13F filings?

As of today, FPEI has moved +0.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of +0.6%. Since the quarter end (March 31, 2026), FPEI has gained +1.4% 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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