Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Ishares Tr (HEFA)

425 + Investors. Track Smart Money conviction in HEFA. 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
42%

Smart Money Signals — HEFA

Based on 431 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 HEFA 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 — 84% of 3.0Y peak

84% of all-time peak
431 funds currently hold this stock — 84% of the 3.0-year high of 512 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 16% fewer funds vs a year ago

fund count last 6Q
81 fewer hedge funds hold HEFA compared to a year ago (-16% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 42% buying

158 buying216 selling
Last quarter: 216 funds reduced or exited vs 158 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 — ~55 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 49 → 44 → 58 → 55. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

52% of holders stayed for 2+ years

■ 52% conviction (2yr+) ■ 29% medium ■ 19% new
224 out of 431 hedge funds have held HEFA 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

139 → 49 → 44 → 58 → 55 new funds/Q
New funds entering each quarter: 49 → 44 → 58 → 55. A growing number of institutions are discovering HEFA each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 52% of holders stayed 2+ years

■ 52% veterans ■ 22% 1-2yr ■ 26% new
Of 431 current holders: 226 (52%) 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 — 58% AUM from top-100 funds

58% from top-100 AUM funds
23 of 431 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in HEFA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.1
out of 10
Low Exit Risk
Exit risk score 3.1/10 — 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 — HEFA

In 2026 Q1, 158 hedge funds were net buyers of HEFA (55 opened a new position, 103 added to an existing one), while 216 reduced or exited (171 trimmed, 45 sold completely) — a 42% buyer ratio, indicating roughly balanced activity. Net buying has persisted for two consecutive quarters, a positive momentum signal. 58% of total institutional value in HEFA 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: 431.

Hedge Fund Ownership: HEFA

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

Market Analysis: HEFA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HEFA

-- --

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

Is It Too Late to Buy Ishares Tr (HEFA) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much HEFA 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 · 77d ago
HEFA
+9.2%
SPY
+15.9%

HEFA outperformed SPY by -6.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 32d ago
HEFA
+4.6%
SPY
+2.0%

Since the filing became public, HEFA outperformed SPY by +2.6% .

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.

13 top-rated funds 18 high-conviction
Consensus
5.0
/ 10
breadth
×
Elite
3.5
/ 10
conviction
Hedge Fund Positioning: HEFA
425 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 425 421 0.95%
13F Shares 133M 134M -0.72%
Total Value $5.57B $5.54B 0.56%
New Positions 51 58 -7
Increased Positions 103 141 -38
Closed Positions 47 52 -5
Reduced Positions 170 153 +17
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: HEFA

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

425 + investors

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

QUARTER:
Top 25 HEFA holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Paradigm, Strategies in Wealth Management, LLC 11.44% 396,691 $16.9M
2 Lighthouse Wealth Management Inc. 9.95% 344,555 $14.6M
3 Immaculate Wealth Management LLC 9.17% 27,321 $1.2M
4 Verde Capital Management 7.56% 831,540 $35.3M
5 Blankinship & Foster, LLC 7.41% 789,104 $33.5M
6 Act Wealth Management, LLC 7.39% 517,694 $22.0M
7 Perspective Wealth Advisors LLC 7.22% 261,821 $11.1M
8 Cyr Financial Inc. 6.21% 248,421 $10.6M
9 Partners Capital Investment Group, LLP 5.73% 3,579,217 $152.1M
10 Sachem Hill LLC 5.70% 693,072 $29.5M
11 Crumly & Associates Inc. 5.51% 616,666 $26.2M
12 Delta Wealth Advisors LLC 5.24% 161,958 $6.9M
13 Denver PWM, LLC 5.11% 332,933 $14.9M
14 Prasad Wealth Partners, LLC 5.11% 441,387 $18.8M
15 Vermillion & White Wealth Management Group, LLC 4.36% 153,475 $5.6M
16 Darrow Company, Inc. 4.27% 223,202 $9.5M
17 PCA Investment Advisory Services Inc. 4.20% 295,941 $12.6M
18 Clarity Retirement & Wealth, LLC 4.10% 119,745 $5.1M
19 Quotient Wealth Partners, LLC 3.77% 3,367,759 $143.1M
20 Summitpoint Capital Management 3.71% 70,634 $2.9M
21 Matters Capital LLC 3.63% 96,271 $4.1M
22 Tulsa Wealth Advisors, INC 3.18% 427,085 $18.1M
23 Coldstream Capital Management Inc 3.10% 5,929,029 $252.0M
24 DecisionMap Wealth Management, LLC 3.02% 109,895 $4.7M
25 WESCAP Management Group, Inc. 2.93% 350,321 $14.9M
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 — Ishares Tr (HEFA)

What does the Smart Money Trend signal show for HEFA?

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

More sellers than buyers — 42% buying: Last quarter: 216 funds reduced or exited vs 158 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 HEFA holders?

Elite ownership — 58% AUM from top-100 funds: 23 of 431 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in HEFA. 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 HEFA?

52% of holders stayed for 2+ years: 224 out of 431 hedge funds have held HEFA 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 Ishares Tr (HEFA) following the 2026 Q1 hedge fund 13F filings?

As of today, HEFA has moved +4.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of +2.6%. Since the quarter end (March 31, 2026), HEFA has gained +9.2% vs +15.9% 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.

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