Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

First Tr Exchng Traded Fd VI (FSEP)

149 + Investors. Track Smart Money conviction in FSEP. 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
30%

Smart Money Signals — FSEP

Based on 150 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their FSEP 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 (99% of max)

99% of all-time peak
150 hedge funds hold FSEP 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 — +20% more funds vs a year ago

fund count last 6Q
+25 new funds entered over the past year (+20% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🔴

Heavy selling pressure — only 30% buying

38 buying87 selling
Last quarter: 87 funds sold vs only 38 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~17 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 26 → 23 → 18 → 17. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

47% of holders stayed for 2+ years

■ 47% conviction (2yr+) ■ 32% medium ■ 21% new
70 out of 150 hedge funds have held FSEP 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 → 26 → 23 → 18 → 17 new funds/Q
New funds entering each quarter: 26 → 23 → 18 → 17. FSEP 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 — 48% veterans vs 28% newcomers

■ 48% veterans ■ 24% 1-2yr ■ 28% new
Entry-cohort mix of 150 holders: 72 (48%) are 2+ year veterans, 36 entered 1–2 years ago, and 42 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 10% AUM from top-100

10% from top-100 AUM funds
11 of 150 holders rank in the top 100 by AUM, but together hold only 10% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.7
out of 10
Moderate Exit Risk
Exit risk score 4.7/10 — 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 — FSEP

In 2026 Q2, 38 hedge funds were net buyers of FSEP (17 opened a new position, 21 added to an existing one), while 87 reduced or exited (68 trimmed, 19 sold completely) — a 30% buyer ratio, indicating net institutional distribution. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 150.

Hedge Fund Ownership: FSEP

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

Market Analysis: FSEP

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FSEP

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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.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: FSEP
149 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 149 152 -1.97%
13F Shares 5M 6M -23.08%
Total Value $252M $294M -14.06%
New Positions 16 18 -2
Increased Positions 21 30 -9
Closed Positions 19 12 +7
Reduced Positions 68 66 +2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FSEP

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Institutional Holders (2026 Q2)

149 + investors

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

QUARTER:
Top 25 FSEP holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Schulz Wealth, LTD. 2.93% 103,086 $5.7M
2 1776 Wealth LLC 1.43% 73,408 $4.0M
3 REAP Financial Group, LLC 1.18% 125,551 $6.9M
4 Integrity Financial Corp /WA 1.11% 42,121 $2.3M
5 Keystone Wealth Services, LLC 0.96% 93,482 $5.1M
6 Legacy Solutions, LLC 0.92% 20,674 $1.1M
7 FWG Investments, LLC. 0.84% 28,845 $1.6M
8 Wealthcare Advisory Partners LLC 0.77% 741,908 $40.9M
9 American Alpha Advisors, LLC 0.67% 22,437 $1.2M
10 ERn Financial, LLC 0.39% 42,838 $2.4M
11 Fsb Premier Wealth Management, INC. 0.34% 21,678 $1.2M
12 Beck Capital Management, LLC 0.31% 30,503 $1.7M
13 TFB Advisors LLC 0.30% 12,459 $686K
14 Arbor Capital Management Inc /Adv 0.30% 5,498 $302K
15 DHJJ Financial Advisors, Ltd. 0.27% 17,108 $942K
16 Accel Wealth Management 0.27% 21,691 $1.2M
17 Strategic Blueprint, LLC 0.23% 84,737 $4.7M
18 Chris Bulman Inc 0.23% 11,471 $632K
19 ACT Advisors, LLC. 0.23% 12,468 $687K
20 Sloy Dahl & Holst, LLC 0.21% 30,482 $1.7M
21 TopTier Wealth Management, LLC 0.19% 5,741 $316K
22 Blue Bell Private Wealth Management, LLC 0.19% 27,803 $1.5M
23 Swmg, LLC 0.18% 13,621 $755K
24 Fragasso Financial Advisors Inc 0.18% 60,522 $3.3M
25 Share Andrew L. 0.17% 6,000 $330K
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 Exchng Traded Fd VI (FSEP)

What does the Smart Money Trend signal show for FSEP?

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

Heavy selling pressure — only 30% buying: Last quarter: 87 funds sold vs only 38 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for FSEP holders?

Smaller funds dominant — 10% AUM from top-100: 11 of 150 holders rank in the top 100 by AUM, but together hold only 10% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held FSEP?

47% of holders stayed for 2+ years: 70 out of 150 hedge funds have held FSEP 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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