First Tr Exchng Traded Fd VI (FSEP): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy First Tr Exchng Traded Fd VI (FSEP) following the 2026 Q1 hedge fund 13F filings?

As of today, FSEP has moved +1.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of +0.8%. Since the quarter end (March 31, 2026), FSEP gained +9.4% 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.

First Tr Exchng Traded Fd VI (FSEP)

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

Smart Money Signals — FSEP

Based on 152 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q

For 4 consecutive quarters, more hedge funds added FSEP 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

152 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.

🚀

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

fund count last 6Q

+28 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.

🔴

Heavy selling pressure — only 38% buying

48 buying78 selling

Last quarter: 78 funds sold vs only 48 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

➡️

Steady new buyers — ~18 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 14 → 26 → 23 → 18. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

41% of holders stayed for 2+ years

■ 41% conviction (2yr+) ■ 35% medium ■ 24% new

63 out of 152 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.

➡️

Steady discovery — ~18 new funds/quarter

14 → 14 → 26 → 23 → 18 new funds/Q

New funds entering each quarter: 14 → 26 → 23 → 18. Consistent flow of new institutional buyers without clear acceleration or slowdown.

🏛️

Deep conviction — 47% of holders stayed 2+ years

■ 47% veterans ■ 23% 1-2yr ■ 30% new

Of 152 current holders: 72 (47%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.

📋

Smaller funds dominant — 14% AUM from top-100

14% from top-100 AUM funds

12 of 152 holders rank in the top 100 by AUM, but together hold only 14% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

4.5

out of 10

Moderate Exit Risk

Exit risk score 4.5/10 — 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.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	150	146	2.74%
13F Shares	6M	5M	12.2%
Total Value	$293M	$278M	5.4%
New Positions	18	23	-5
Increased Positions	29	52	-23
Closed Positions	14	14	-
Reduced Positions	65	42	+23
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

150

146

2.74%

13F Shares

12.2%

Total Value

$293M

$278M

5.4%

New Positions

-5

Increased Positions

-23

Closed Positions

Reduced Positions

+23

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

150 + 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:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 FSEP holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	BAM Wealth Management, LLC	3.21%	85,378	$4.3M
2	1776 Wealth LLC	1.45%	73,408	$3.7M
3	REAP Financial Group, LLC	1.37%	137,965	$6.9M
4	Integrity Financial Corp /WA	1.08%	43,044	$2.2M
5	Legacy Solutions, LLC	1.08%	23,088	$1.2M
6	Keystone Wealth Services, LLC	1.01%	94,282	$4.7M
7	FWG Investments, LLC.	0.92%	28,875	$1.5M
8	Oakmont Advisory Group, LLC	0.88%	15,952	$823K
9	Wealthcare Advisory Partners LLC	0.72%	733,902	$36.9M
10	American Alpha Advisors, LLC	0.60%	22,460	$1.1M
11	Wealthgarden F.S. LLC	0.55%	16,156	$813K
12	VestGen Investment Management	0.49%	17,673	$889K
13	ERn Financial, LLC	0.41%	43,025	$2.2M
14	Fsb Premier Wealth Management, INC.	0.34%	21,709	$1.1M
15	Arbor Capital Management Inc /Adv	0.32%	7,549	$387K
16	Accel Wealth Management	0.30%	23,180	$1.2M
17	Strategic Blueprint, LLC	0.30%	103,767	$5.2M
18	DHJJ Financial Advisors, Ltd.	0.29%	17,587	$885K
19	Beck Capital Management, LLC	0.28%	24,471	$1.2M
20	ACT Advisors, LLC.	0.27%	12,468	$628K
21	Pacific Excel Wealth Advisors, Inc.	0.27%	5,010	$252K
22	Chris Bulman Inc	0.26%	11,585	$583K
23	Catalina Capital Group, LLC	0.23%	7,766	$391K
24	LM Advisors LLC	0.23%	736	$15K
25	TFB Advisors LLC	0.22%	8,297	$418K

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?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added FSEP 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 FSEP?

Heavy selling pressure — only 38% buying: Last quarter: 78 funds sold vs only 48 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 — 14% AUM from top-100: 12 of 152 holders rank in the top 100 by AUM, but together hold only 14% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held FSEP?

41% of holders stayed for 2+ years: 63 out of 152 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.

Is it too late to buy First Tr Exchng Traded Fd VI (FSEP) following the 2026 Q1 hedge fund 13F filings?

As of today, FSEP has moved +1.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of +0.8%. Since the quarter end (March 31, 2026), FSEP has gained +9.4% 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.

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First Tr Exchng Traded Fd VI (FSEP)

Smart Money Signals — FSEP

Buying streak — 4 quarters in a row

At the ownership peak (100% of max)

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

Heavy selling pressure — only 38% buying

Steady new buyers — ~18 new funds per quarter

41% of holders stayed for 2+ years

Steady discovery — ~18 new funds/quarter

Deep conviction — 47% of holders stayed 2+ years

Smaller funds dominant — 14% AUM from top-100

Institutional Sentiment Summary — FSEP

Hedge Fund Ownership: FSEP

Market Analysis: FSEP

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: FSEP

Is It Too Late to Buy First Tr Exchng Traded Fd VI (FSEP) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: FSEP

Statistics: FSEP

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — First Tr Exchng Traded Fd VI (FSEP)

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