Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

FIRST TR EXCH TRADED FD III (FTLS)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +10
Streak
2Q ▲
Buyers last Q
55%

Smart Money Signals — FTLS

Based on 258 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added FTLS 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
258 hedge funds hold FTLS 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 — +14% more funds vs a year ago

fund count last 6Q
+31 new funds entered over the past year (+14% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 55% buying

140 buying113 selling
Last quarter: 140 funds bought or added vs 113 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 — ~31 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 24 → 25 → 34 → 31. 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+) ■ 30% medium ■ 23% new
121 out of 258 hedge funds have held FTLS 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.
📈

Growing discovery — still being found

33 → 24 → 25 → 34 → 31 new funds/Q
New funds entering each quarter: 24 → 25 → 34 → 31. A growing number of institutions are discovering FTLS each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 49% of holders stayed 2+ years

■ 49% veterans ■ 24% 1-2yr ■ 27% new
Of 258 current holders: 127 (49%) 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.
🏆

Elite ownership — 55% AUM from top-100 funds

55% from top-100 AUM funds
12 of 258 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in FTLS. 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 — FTLS

In 2026 Q1, 140 hedge funds were net buyers of FTLS (31 opened a new position, 109 added to an existing one), while 113 reduced or exited (92 trimmed, 21 sold completely) — a 55% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 55% of total institutional value in FTLS is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +10 funds (more new holders than closures). Total institutional holders: 258.

Hedge Fund Ownership: FTLS

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

Market Analysis: FTLS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FTLS

-- --

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

Is It Too Late to Buy FIRST TR EXCH TRADED FD III (FTLS) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much FTLS 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 · 69d ago
FTLS
+6.7%
SPY
+25.7%

FTLS outperformed SPY by -19.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 24d ago
FTLS
-0.9%
SPY
-8.5%

Since the filing became public, FTLS outperformed SPY by +7.6% .

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.

10 top-rated funds 3 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
2.6
/ 10
conviction
Hedge Fund Positioning: FTLS
255 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 255 248 2.82%
13F Shares 25M 25M 1.77%
Total Value $1.72B $1.74B -0.67%
New Positions 29 34 -5
Increased Positions 109 112 -3
Closed Positions 22 15 +7
Reduced Positions 91 85 +6
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FTLS

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Institutional Holders (2026 Q1)

255 + investors

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

QUARTER:
Top 25 institutional holders of FTLS — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Guilbault Capital LLC 4.69% 60,791 $4.3M
2 IMG Wealth Management, Inc. 4.35% 96,898 $6.8M
3 EdgeRock Capital LLC 3.84% 201,486 $14.2M
4 Live Oak Investment Partners 3.80% 91,560 $6.4M
5 Stegent Equity Advisors, Inc. 3.07% 51,175 $3.6M
6 FOCUS Wealth Advisors, LLC 3.05% 88,810 $6.2M
7 Hobart Private Capital, LLC 2.82% 203,832 $14.3M
8 Proactive Wealth Strategies LLC 2.41% 182,051 $12.8M
9 Cornerstone Planning Group LLC 2.32% 235,621 $17.4M
10 LCNB CORP 2.14% 90,412 $6.4M
11 VIAWEALTH, LLC 2.08% 53,128 $3.7M
12 Centric Wealth Management 1.94% 132,533 $9.7M
13 LFA - Lugano Financial Advisors SA 1.86% 52,078 $3.7M
14 Center For Asset Management LLC 1.72% 49,229 $3.5M
15 Stillwater Private Wealth, LLC 1.55% 26,096 $2K
16 Frederick Financial Consultants, LLC 1.25% 35,603 $2.5M
17 Entelevest, LLC 1.13% 16,090 $1.1M
18 Prostatis Group LLC 1.10% 61,050 $4.3M
19 Financial Enhancement Group LLC 1.02% 114,226 $8.3M
20 Fiscal Wisdom Wealth Management, LLC 1.02% 15,078 $1.1M
21 Ethos Financial Group, LLC 0.97% 189,146 $13.3M
22 WealthPLAN Partners, LLC 0.95% 70,201 $4.9M
23 City Center Advisors, LLC 0.90% 13,821 $972K
24 Philip James Wealth Mangement, LLC 0.75% 92,448 $6.5M
25 Meadow Creek Wealth Advisors LLC 0.73% 16,103 $1.1M
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 (FTLS)

What does the Smart Money Trend signal show for FTLS?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added FTLS 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 FTLS?

Slight buying edge — 55% buying: Last quarter: 140 funds bought or added vs 113 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 FTLS holders?

Elite ownership — 55% AUM from top-100 funds: 12 of 258 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in FTLS. 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 FTLS?

47% of holders stayed for 2+ years: 121 out of 258 hedge funds have held FTLS 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 (FTLS) following the 2026 Q1 hedge fund 13F filings?

As of today, FTLS has moved -0.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to -8.5% for the SPY sector ETF — an outperformance of +7.6%. Since the quarter end (March 31, 2026), FTLS has gained +6.7% vs +25.7% 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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