Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Simplify Exchange Traded Fun (HARD)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +3
Streak
2Q ▲
Buyers last Q
65%

Smart Money Signals — HARD

Based on 26 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 HARD 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
26 hedge funds hold HARD 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 — +30% more funds vs a year ago

fund count last 6Q
+6 new funds entered over the past year (+30% 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.
🟢

More buyers than sellers — 65% buying

20 buying11 selling
Last quarter: 20 funds were net buyers (10 opened a brand new position + 10 added to an existing one). Only 11 were sellers (4 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~10 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 11 → 3 → 6 → 10. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 38% entered in last year

■ 8% conviction (2yr+) ■ 54% medium ■ 38% new
Only 2 funds (8%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💰

Value +159% but shares only +118% — price-driven

Value
+158%
Shares
+118%
Last quarter: the total dollar value of institutional holdings rose +159%, but actual share count only changed +118%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~10 new funds/quarter

15 → 11 → 3 → 6 → 10 new funds/Q
New funds entering each quarter: 11 → 3 → 6 → 10. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱

Early stage — 77% of holders entered in last year

■ 12% veterans ■ 12% 1-2yr ■ 77% new
Of 26 current holders: 20 (77%) entered in the past year, only 3 (12%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
✅

Strong quality — 25% AUM from major funds

25% from top-100 AUM funds
4 of 25 holders rank in the top 100 by AUM, accounting for 25% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.2
out of 10
Moderate Exit Risk
Exit risk score 4.2/10 — 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 — HARD

In 2026 Q1, 20 hedge funds were net buyers of HARD (10 opened a new position, 10 added to an existing one), while 11 reduced or exited (4 trimmed, 7 sold completely) — a 65% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. 25% of total institutional value in HARD is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +3 funds (more new holders than closures). Total institutional holders: 26.

Hedge Fund Ownership: HARD

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

Market Analysis: HARD

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HARD

-- --

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

Is It Too Late to Buy Simplify Exchange Traded Fun (HARD) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much HARD 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 · 79d ago
HARD
-12.3%
SPY
+13.9%

HARD outperformed SPY by -26.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
HARD
-14.1%
SPY
+0.2%

Since the filing became public, HARD outperformed SPY by -14.3% .

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.

2 top-rated funds 2 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
1.9
/ 10
conviction
Hedge Fund Positioning: HARD
26 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 26 23 13.04%
13F Shares 2M 797K 118.47%
Total Value $61M $24M 158.57%
New Positions 10 6 +4
Increased Positions 10 11 -1
Closed Positions 7 4 +3
Reduced Positions 4 4 -
Total Calls 1 1 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: HARD

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

26 + investors

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

QUARTER:
Top 25 HARD holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Longview Financial Advisors, Inc. 4.97% 229,783 $8.1M
2 Encompass More Asset Management 2.40% 405,214 $14.3M
3 BLVD Private Wealth, LLC 2.05% 66,808 $2.4M
4 Park Edge Advisors, LLC 0.44% 53,492 $1.9M
5 Claris Financial LLC 0.31% 18,238 $551K
6 Global View Capital Management LLC 0.30% 31,788 $1.1M
7 Bluesphere Advisors LLC 0.13% 10,344 $366K
8 Straight Path Wealth Management 0.09% 9,750 $345K
9 CreativeOne Wealth, LLC 0.03% 33,261 $1.2M
10 AE Wealth Management LLC 0.02% 120,037 $4.2M
11 Mml Investors Services, LLC 0.02% 177,393 $6.3M
12 Orion Porfolio Solutions, LLC 0.01% 24,612 $871K
13 Stratos Wealth Partners, LTD. 0.01% 14,237 $504K
14 Private Advisor Group, LLC 0.01% 32,810 $1.2M
15 Envestnet Asset Management Inc 0.00% 203,946 $7.2M
16 LPL Financial LLC 0.00% 189,518 $6.7M
17 Tidal Investments LLC 0.00% 20,000 $717K
18 HighTower Advisors, LLC 0.00% 24,925 $882K
19 Cwm, LLC 0.00% 9,013 $319K
20 Mather Group, LLC. 0.00% 1,936 $68K
21 Belvedere Trading LLC 0.00% 7,800 $276K
22 Osaic Holdings, INC. 0.00% 4,513 $160K
23 Susquehanna International Group, LLP 0.00% 34,396 $1.2M
24 Raymond James Financial Inc 0.00% 6,148 $217K
25 Morgan Stanley 0.00% 122 $4K
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 — Simplify Exchange Traded Fun (HARD)

What does the Smart Money Trend signal show for HARD?

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

More buyers than sellers — 65% buying: Last quarter: 20 funds were net buyers (10 opened a brand new position + 10 added to an existing one). Only 11 were sellers (4 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for HARD holders?

Strong quality — 25% AUM from major funds: 4 of 25 holders rank in the top 100 by AUM, accounting for 25% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held HARD?

Mostly new holders — 38% entered in last year: Only 2 funds (8%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Simplify Exchange Traded Fun (HARD) following the 2026 Q1 hedge fund 13F filings?

As of today, HARD has moved -14.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of -14.3%. Since the quarter end (March 31, 2026), HARD has gained -12.3% 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.

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.

Full history →