Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

First Tr Exch Traded Fd III (HDMV)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +4
Streak
2Q ▲
Buyers last Q
43%

Smart Money Signals — HDMV

Based on 29 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 HDMV 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.
📊

High ownership — 91% of 3.0Y peak

91% of all-time peak
29 funds currently hold this stock — 91% of the 3.0-year high of 32 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 6% fewer funds vs a year ago

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

More sellers than buyers — 43% buying

9 buying12 selling
Last quarter: 12 funds reduced or exited vs 9 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 — ~4 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 6 → 1 → 5 → 4. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 21% medium ■ 17% new
18 out of 29 hedge funds have held HDMV 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 — ~4 new funds/quarter

5 → 6 → 1 → 5 → 4 new funds/Q
New funds entering each quarter: 6 → 1 → 5 → 4. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 72% veterans vs 24% newcomers

■ 72% veterans ■ 3% 1-2yr ■ 24% new
Entry-cohort mix of 29 holders: 21 (72%) are 2+ year veterans, 1 entered 1–2 years ago, and 7 (24%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 36% AUM from major funds

36% from top-100 AUM funds
9 of 29 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — 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 — HDMV

In 2026 Q1, 9 hedge funds were net buyers of HDMV (4 opened a new position, 5 added to an existing one), while 12 reduced or exited (12 trimmed their position) — a 43% buyer ratio, indicating roughly balanced activity. Net buying has persisted for two consecutive quarters, a positive momentum signal. 36% of total institutional value in HDMV is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +4 funds (more new holders than closures). Total institutional holders: 29.

Hedge Fund Ownership: HDMV

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

Market Analysis: HDMV

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HDMV

-- --

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

Is It Too Late to Buy First Tr Exch Traded Fd III (HDMV) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much HDMV 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 · 86d ago
HDMV
+0.4%
SPY
+13.0%

HDMV outperformed SPY by -12.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 41d ago
HDMV
-0.5%
SPY
-0.5%

Since the filing became public, HDMV outperformed SPY by +0.0% .

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
0.1
/ 10
conviction
Hedge Fund Positioning: HDMV
29 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 29 25 16.0%
13F Shares 358K 522K -31.38%
Total Value $13M $18M -29.63%
New Positions 4 5 -1
Increased Positions 5 6 -1
Closed Positions 0 3 -3
Reduced Positions 12 10 +2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: HDMV

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Profit Margin --
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Institutional Holders (2026 Q1)

29 + investors

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

QUARTER:
Top 25 HDMV holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Ascentis Independent Advisors 0.10% 35,619 $1.3M
2 Golden State Wealth Management, LLC 0.08% 20,358 $749K
3 United Advisor Group, LLC 0.03% 6,280 $231K
4 Independent Financial Group, LLC 0.01% 12,208 $449K
5 Gladstone Institutional Advisory LLC 0.01% 8,379 $308K
6 Kestra Advisory Services, LLC 0.01% 60,156 $2.2M
7 Realta Investment Advisors 0.01% 500 $18K
8 Osaic Holdings, INC. 0.00% 58,345 $2.1M
9 WPG Advisers, LLC 0.00% 87 $3K
10 Private Advisor Group, LLC 0.00% 9,200 $339K
11 Lido Advisors, LLC 0.00% 7,013 $258K
12 Lloyd Advisory Services, LLC. 0.00% 61 $2K
13 Kingdom Financial Group LLC. 0.00% 61 $2K
14 Harbour Investments, INC. 0.00% 742 $27K
15 Arax Advisory Partners 0.00% 370 $14K
16 Truist Financial Corp 0.00% 7,000 $258K
17 LPL Financial LLC 0.00% 27,704 $1.0M
18 Citadel Advisors LLC 0.00% 35,081 $1.3M
19 Larson Financial Group LLC 0.00% 141 $5K
20 Jane Street Group, LLC 0.00% 30,638 $1.1M
21 Envestnet Asset Management Inc 0.00% 9,037 $333K
22 Goldman Sachs Group Inc 0.00% 13,239 $487K
23 Susquehanna International Group, LLP 0.00% 9,512 $350K
24 AE Wealth Management LLC 0.00% 189 $7K
25 UBS Group AG 0.00% 221 $8K
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 (HDMV)

What does the Smart Money Trend signal show for HDMV?

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

More sellers than buyers — 43% buying: Last quarter: 12 funds reduced or exited vs 9 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 HDMV holders?

Strong quality — 36% AUM from major funds: 9 of 29 holders rank in the top 100 by AUM, accounting for 36% 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 HDMV?

62% of holders stayed for 2+ years: 18 out of 29 hedge funds have held HDMV 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 (HDMV) following the 2026 Q1 hedge fund 13F filings?

As of today, HDMV has moved -0.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to -0.5% for the SPY sector ETF — an outperformance of +0.0%. Since the quarter end (March 31, 2026), HDMV has gained +0.4% vs +13.0% 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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