Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

First Tr Exchange-Traded Fd (FTSL)

299 + Investors. Track Smart Money conviction in FTSL. 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
48%

Smart Money Signals — FTSL

Based on 305 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their FTSL positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 90% of 3.0Y peak

90% of all-time peak
305 funds currently hold this stock — 90% of the 3.0-year high of 340 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 8% fewer funds vs a year ago

fund count last 6Q
26 fewer hedge funds hold FTSL compared to a year ago (-8% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 48% buying

147 buying157 selling
Last quarter: 157 funds reduced or exited vs 147 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~36 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 29 → 26 → 36 → 36. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

66% of holders stayed for 2+ years

■ 66% conviction (2yr+) ■ 21% medium ■ 13% new
202 out of 305 hedge funds have held FTSL 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

27 → 29 → 26 → 36 → 36 new funds/Q
New funds entering each quarter: 29 → 26 → 36 → 36. A growing number of institutions are discovering FTSL each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 69% veterans vs 15% newcomers

■ 69% veterans ■ 17% 1-2yr ■ 15% new
Entry-cohort mix of 305 holders: 209 (69%) are 2+ year veterans, 51 entered 1–2 years ago, and 45 (15%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 14% AUM from top-100

14% from top-100 AUM funds
15 of 305 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.
2.9
out of 10
Low Exit Risk
Exit risk score 2.9/10 — 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 — FTSL

In 2026 Q1, 147 hedge funds were net buyers of FTSL (36 opened a new position, 111 added to an existing one), while 157 reduced or exited (114 trimmed, 43 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. Net fund flow last quarter: -7 funds (more exits than new entries). Total institutional holders: 305.

Hedge Fund Ownership: FTSL

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

Market Analysis: FTSL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FTSL

-- --

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

Is It Too Late to Buy First Tr Exchange-Traded Fd (FTSL) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much FTSL 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 · 81d ago
FTSL
nan%
SPY
+15.1%

FTSL outperformed SPY by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 36d ago
FTSL
nan%
SPY
+1.3%

Since the filing became public, FTSL outperformed SPY by nan% .

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 7 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
3.5
/ 10
conviction
Hedge Fund Positioning: FTSL
299 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 299 312 -4.17%
13F Shares 35M 38M -8.44%
Total Value $4.83B $5.04B -4.33%
New Positions 34 36 -2
Increased Positions 110 117 -7
Closed Positions 47 32 +15
Reduced Positions 111 121 -10
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FTSL

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

299 + investors

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

QUARTER:
Top 25 FTSL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 TL Private Wealth 9.56% 538,366 $24.2M
2 CNO Financial Group, Inc. 6.47% 252,000 $11.3M
3 WMS Group LLC 5.93% 90,985 $4.1M
4 Virtue Capital Management, LLC 5.17% 760,329 $33.9M
5 Fairway Financial, LLC 4.51% 132,335 $5.9M
6 Flaharty Asset Management, LLC 4.45% 800,071 $35.8M
7 Harbor Advisory Corp /Ma/ 4.34% 322,007 $14.4M
8 Fairvoy Private Wealth, LLC 3.60% 336,512 $15.1M
9 Mission Hills Financial Advisory, LLC 3.59% 156,365 $7.0M
10 Capital Investment Counsel, LLC 2.72% 443,345 $19.9M
11 Oder Investment Management, LLC 2.65% 76,964 $3.4M
12 True Blue Financial, LLC 2.07% 58,711 $2.6M
13 Thryve Wealth Management LLC 2.07% 69,184 $3.1M
14 First Financial Group Corp 2.00% 54,746 $2.5M
15 One Capital Management, LLC 1.77% 1,439,544 $64.5M
16 Hikari Tsushin, Inc. 1.76% 570,196 $25.5M
17 Concorde Asset Management, LLC 1.61% 73,167 $3.3M
18 Yanni & Associates Investment Advisors, LLC 1.58% 34,052 $1.5M
19 RPg Family Wealth Advisory, LLC 1.51% 161,933 $7.3M
20 Adams Wealth Management 1.39% 141,313 $6.3M
21 Petix & Botte Co 1.36% 135,926 $6.1M
22 CacheTech Inc. 1.32% 153,298 $6.9M
23 Flagstar Advisors Inc 1.09% 66,935 $3.0M
24 Cyndeo Wealth Partners, LLC 1.06% 447,814 $20.1M
25 PCG Wealth Advisors, LLC 1.01% 89,253 $4.0M
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 Exchange-Traded Fd (FTSL)

What does the Smart Money Trend signal show for FTSL?

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

More sellers than buyers — 48% buying: Last quarter: 157 funds reduced or exited vs 147 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for FTSL holders?

Smaller funds dominant — 14% AUM from top-100: 15 of 305 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 FTSL?

66% of holders stayed for 2+ years: 202 out of 305 hedge funds have held FTSL 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 Exchange-Traded Fd (FTSL) following the 2026 Q1 hedge fund 13F filings?

As of today, FTSL has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.3% for the SPY sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), FTSL has gained nan% vs +15.1% 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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