Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

First Tr Exch Traded Fd III (FPEI)

214 + 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
↑ +7
Streak
1Q ▲
Buyers last Q
53%

Smart Money Signals — FPEI

Based on 215 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, 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
215 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.
🚀

Fast accumulation — +22% more funds vs a year ago

fund count last 6Q
+39 new funds entered over the past year (+22% 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.
🟡

Slight buying edge — 53% buying

104 buying94 selling
Last quarter: 104 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.
⚠️

Fewer new buyers each quarter (-7 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 28 → 35 → 30 → 23. 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.
🔒

49% of holders stayed for 2+ years

■ 49% conviction (2yr+) ■ 28% medium ■ 23% new
105 out of 215 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.
📊

Peak discovery — momentum slowing

14 → 28 → 35 → 30 → 23 new funds/Q
New funds entering each quarter: 28 → 35 → 30 → 23. FPEI 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 — 49% veterans vs 33% newcomers

■ 49% veterans ■ 18% 1-2yr ■ 33% new
Entry-cohort mix of 215 holders: 106 (49%) are 2+ year veterans, 39 entered 1–2 years ago, and 70 (33%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 61% AUM from top-100 funds

61% from top-100 AUM funds
15 of 215 holders are among the 100 largest funds by AUM, controlling 61% 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.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — 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 — FPEI

In 2026 Q2, 104 hedge funds were net buyers of FPEI (23 opened a new position, 81 added to an existing one), while 94 reduced or exited (78 trimmed, 16 sold completely) — a 53% buyer ratio, indicating a slight buying edge. 61% of total institutional value in FPEI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +7 funds (more new holders than closures). Total institutional holders: 215.

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

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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.

3 top-rated funds 3 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
2.6
/ 10
conviction
Hedge Fund Positioning: FPEI
214 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 214 208 2.88%
13F Shares 78M 78M -1.14%
Total Value $1.49B $1.50B -0.74%
New Positions 23 30 -7
Increased Positions 81 87 -6
Closed Positions 17 30 -13
Reduced Positions 77 65 +12
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FPEI

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Institutional Holders (2026 Q2)

214 + 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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Montis Financial, LLC 7.51% 1,903,858 $36.7M
2 Westview Management dba Westview Investment Advisors 3.24% 343,661 $6.6M
3 Integral Investment Advisors, INC. 2.65% 623,023 $12.0M
4 Legacy Edge Advisors, LLC 2.39% 941,342 $17.9M
5 Smith Chas P & Associates Pa Cpas 2.32% 2,373,953 $45.8M
6 Legacy CG, LLC 2.13% 431,768 $8.3M
7 Elevated Capital Advisors, LLC 1.98% 372,937 $7.2M
8 Protective Life Corp 1.93% 14,033 $271K
9 Essex LLC 1.90% 647,803 $12.5M
10 Vista Investment Management 1.71% 295,710 $5.7M
11 Fukoku Mutual Life Insurance Co 1.41% 1,259,000 $24.3M
12 Qp Wealth Management, LLC 1.41% 51,083 $985K
13 Winebrenner Capital Management LLC 1.40% 119,371 $2.3M
14 Synergy Investment Management, LLC 1.32% 282,341 $5.4M
15 Marshall Investment Management, LLC 1.24% 155,197 $3.0M
16 Fiduciary Financial Advisors 1.24% 632,338 $12.2M
17 Key FInancial Inc 1.16% 368,269 $7.1M
18 True Blue Financial, LLC 1.02% 124,755 $2.4M
19 Adamsbrown Wealth Consultants LLC 1.01% 278,397 $5.4M
20 Flynn Zito Capital Management, LLC 0.95% 181,273 $3.5M
21 Investment Partners Asset Management, Inc. 0.89% 82,759 $1.6M
22 1776 Wealth LLC 0.85% 124,420 $2.4M
23 Merkkuri Wealth Advisors LLC 0.80% 67,046 $1.3M
24 Veridan Wealth LLC 0.77% 117,893 $2.3M
25 Walker Asset Management, LLC 0.74% 75,712 $1.5M
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 — 1 quarter in a row: For 1 consecutive quarter, 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 — 53% buying: Last quarter: 104 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 — 61% AUM from top-100 funds: 15 of 215 holders are among the 100 largest funds by AUM, controlling 61% 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: 105 out of 215 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.

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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