Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

First Tr Exchng Traded Fd VI (GAPR)

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

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
1Q ▼
Buyers last Q
32%

Smart Money Signals — GAPR

Based on 89 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 GAPR 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 (98% of max)

98% of all-time peak
89 hedge funds hold GAPR 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 — +17% more funds vs a year ago

fund count last 6Q
+13 new funds entered over the past year (+17% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🔴

Heavy selling pressure — only 32% buying

20 buying43 selling
Last quarter: 43 funds sold vs only 20 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
⚠️

Fewer new buyers each quarter (-6 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 23 → 8 → 13 → 7. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
📌

Mixed — 34% long-term, 18% new

34% conviction (2yr+) 48% medium 18% new
Of the 89 current holders: 30 (34%) held >2 years, 43 held 1–2 years, and 16 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
📊

Peak discovery — momentum slowing

10 → 23 → 8 → 13 → 7 new funds/Q
New funds entering each quarter: 23 → 8 → 13 → 7. GAPR is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
📊

Mixed cohorts — 35% veterans, 36% new entrants

35% veterans 29% 1-2yr 36% new
Of 89 current holders: 31 (35%) held 2+ years, 26 held 1–2 years, 32 (36%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋

Smaller funds dominant — 13% AUM from top-100

13% from top-100 AUM funds
6 of 89 holders rank in the top 100 by AUM, but together hold only 13% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.4
out of 10
Moderate Exit Risk
Exit risk score 4.4/10 — 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 — GAPR

In 2026 Q1, 20 hedge funds were net buyers of GAPR (7 opened a new position, 13 added to an existing one), while 43 reduced or exited (34 trimmed, 9 sold completely) — a 32% buyer ratio, indicating net institutional distribution. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 89.

Hedge Fund Ownership: GAPR

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

Market Analysis: GAPR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: GAPR

-- --

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

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

Signal Freshness measures how much GAPR 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
GAPR
nan%
SPY
+15.1%

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

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

Since the filing became public, GAPR 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.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
0.3
/ 10
conviction
Hedge Fund Positioning: GAPR
88 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 88 91 -3.3%
13F Shares 3M 3M -12.6%
Total Value $107M $123M -12.99%
New Positions 6 13 -7
Increased Positions 13 13 -
Closed Positions 9 12 -3
Reduced Positions 34 35 -1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: GAPR

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Institutional Holders (2026 Q1)

88 + investors

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

QUARTER:
Top 25 GAPR holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Midwest Financial Network, LLC 1.57% 48,802 $2.0M
2 Catalina Capital Group, LLC 0.44% 18,088 $732K
3 City Holding Co 0.38% 74,425 $3.0M
4 Tanglewood Legacy Advisors, LLC 0.37% 25,198 $1.0M
5 Keystone Wealth Services, LLC 0.25% 29,127 $1.2M
6 Macroview Investment Management LLC 0.24% 8,668 $351K
7 Retirement Guys Formula LLC 0.23% 12,179 $493K
8 Per Stirling Capital Management, LLC. 0.17% 36,985 $1.5M
9 Fsb Premier Wealth Management, INC. 0.16% 12,583 $509K
10 Fortress Private Ledger, LLC 0.15% 11,803 $478K
11 Range Financial Group LLC 0.15% 10,977 $444K
12 Archer Investment Corp 0.14% 15,843 $641K
13 Madrona Financial Services, LLC 0.13% 15,173 $614K
14 Anfield Capital Management, LLC 0.13% 11,789 $477K
15 REAP Financial Group, LLC 0.12% 14,729 $596K
16 Americana Partners, LLC 0.10% 99,220 $4.0M
17 Keating Financial Advisory Services, Inc. 0.10% 15,314 $620K
18 ARS Wealth Advisors Group, LLC 0.10% 28,433 $1.2M
19 Founders Financial Securities LLC 0.09% 38,191 $1.6M
20 Concurrent Investment Advisors, LLC 0.09% 194,238 $7.9M
21 Sequent Planning LLC 0.08% 8,505 $344K
22 Integrity Financial Corp /WA 0.08% 3,994 $162K
23 Diligent Investors, LLC 0.05% 5,375 $218K
24 Uptick Partners, LLC 0.04% 5,382 $218K
25 Kestra Advisory Services, LLC 0.04% 269,281 $10.9M
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 (GAPR)

What does the Smart Money Trend signal show for GAPR?

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

Heavy selling pressure — only 32% buying: Last quarter: 43 funds sold vs only 20 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 GAPR holders?

Smaller funds dominant — 13% AUM from top-100: 6 of 89 holders rank in the top 100 by AUM, but together hold only 13% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held GAPR?

Mixed — 34% long-term, 18% new: Of the 89 current holders: 30 (34%) held >2 years, 43 held 1–2 years, and 16 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

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

As of today, GAPR 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), GAPR 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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