Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Fidelity Merrimack Str Tr (FSEC)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +2
Streak
7Q ▲
Buyers last Q
57%

Smart Money Signals — FSEC

Based on 45 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 7 quarters in a row

last 6Q
For 7 consecutive quarters, more hedge funds added FSEC 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
45 hedge funds hold FSEC 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 — +125% more funds vs a year ago

fund count last 6Q
+25 new funds entered over the past year (+125% 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 — 57% buying

31 buying23 selling
Last quarter: 31 funds bought or added vs 23 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 — ~18 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 18 → 17 → 14 → 18. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 62% entered in last year

■ 16% conviction (2yr+) ■ 22% medium ■ 62% new
Only 7 funds (16%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
➡️

Steady discovery — ~18 new funds/quarter

11 → 18 → 17 → 14 → 18 new funds/Q
New funds entering each quarter: 18 → 17 → 14 → 18. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱

Early stage — 78% of holders entered in last year

■ 18% veterans ■ 4% 1-2yr ■ 78% new
Of 45 current holders: 35 (78%) entered in the past year, only 8 (18%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
🏆

Elite ownership — 100% AUM from top-100 funds

100% from top-100 AUM funds
11 of 45 holders are among the 100 largest funds by AUM, controlling 100% of total institutional value in FSEC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
5.3
out of 10
Moderate Exit Risk
Exit risk score 5.3/10 — 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 — FSEC

In 2026 Q1, 31 hedge funds were net buyers of FSEC (18 opened a new position, 13 added to an existing one), while 23 reduced or exited (7 trimmed, 16 sold completely) — a 57% buyer ratio, indicating a slight buying edge. This marks 7 consecutive quarters of net institutional buying — a persistent conviction signal. 100% of total institutional value in FSEC is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 45.

Hedge Fund Ownership: FSEC

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

Market Analysis: FSEC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FSEC

-- --

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

Is It Too Late to Buy Fidelity Merrimack Str Tr (FSEC) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much FSEC 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
FSEC
-0.1%
SPY
+13.9%

FSEC outperformed SPY by -14.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
FSEC
+0.9%
SPY
+0.2%

Since the filing became public, FSEC 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.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.5
/ 10
conviction
Hedge Fund Positioning: FSEC
44 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 44 43 2.33%
13F Shares 209M 201M 3.51%
Total Value $9.14B $8.89B 2.8%
New Positions 17 14 +3
Increased Positions 13 16 -3
Closed Positions 16 12 +4
Reduced Positions 7 9 -2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FSEC

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Institutional Holders (2026 Q1)

44 + investors

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

QUARTER:
Top 25 FSEC holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Global Wealth Strategies & Associates 2.03% 188,729 $8.3M
2 RCS Financial Planning, LLC 0.62% 27,082 $1.2M
3 Midwest Financial Network, LLC 0.57% 16,360 $717K
4 Fmr LLC 0.48% 207,146,433 $9.08B
5 Kintra Wealth, LLC 0.45% 145,434 $6.4M
6 Granite Harbor Advisors, Inc. 0.29% 15,053 $660K
7 Mid-American Wealth Advisory Group, Inc. 0.09% 5,055 $223K
8 ShoreHaven Wealth Partners, LLC 0.08% 5,121 $225K
9 RDA Financial Network 0.05% 4,761 $209K
10 Csenge Advisory Group 0.02% 10,657 $467K
11 Smith Chas P & Associates Pa Cpas 0.02% 7,818 $343K
12 Cetera Investment Advisers 0.02% 385,166 $16.9M
13 Calamos Wealth Management LLC 0.01% 8,963 $393K
14 Kestra Advisory Services, LLC 0.01% 66,207 $2.9M
15 Cornerstone Planning Group LLC 0.01% 1,844 $81K
16 &Partners 0.01% 33,275 $1.4M
17 Valeo Financial Advisors, LLC 0.01% 5,269 $231K
18 Wealth Enhancement Advisory Services, LLC 0.00% 41,284 $1.8M
19 Envestnet Portfolio Solutions, Inc. 0.00% 9,622 $422K
20 Twin Peaks Wealth Advisors, LLC 0.00% 184 $8K
21 Advisory Services Network, LLC 0.00% 3,020 $132K
22 IFP Advisors, Inc 0.00% 1,732 $76K
23 MAI Capital Management 0.00% 6,217 $273K
24 Calamos Advisors LLC 0.00% 8,963 $393K
25 Savant Capital, LLC 0.00% 5,467 $240K
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 — Fidelity Merrimack Str Tr (FSEC)

What does the Smart Money Trend signal show for FSEC?

Buying streak — 7 quarters in a row: For 7 consecutive quarters, more hedge funds added FSEC 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 FSEC?

Slight buying edge — 57% buying: Last quarter: 31 funds bought or added vs 23 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 FSEC holders?

Elite ownership — 100% AUM from top-100 funds: 11 of 45 holders are among the 100 largest funds by AUM, controlling 100% of total institutional value in FSEC. 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 FSEC?

Mostly new holders — 62% entered in last year: Only 7 funds (16%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Fidelity Merrimack Str Tr (FSEC) following the 2026 Q1 hedge fund 13F filings?

As of today, FSEC has moved +0.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of +0.7%. Since the quarter end (March 31, 2026), FSEC has gained -0.1% 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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