Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Franklin Templeton ETF Tr (INCM)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +8
Streak
9Q ▲
Buyers last Q
76%

Smart Money Signals — INCM

Based on 122 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 9 quarters in a row

last 6Q
For 9 consecutive quarters, more hedge funds added INCM 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
122 hedge funds hold INCM 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 — +61% more funds vs a year ago

fund count last 6Q
+46 new funds entered over the past year (+61% 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 — 76% buying

97 buying30 selling
Last quarter: 97 funds were net buyers (25 opened a brand new position + 72 added to an existing one). Only 30 were sellers (13 trimmed + 17 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~25 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 9 → 17 → 28 → 25. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌

Mixed — 25% long-term, 41% new

■ 25% conviction (2yr+) ■ 34% medium ■ 41% new
Of the 122 current holders: 30 (25%) held >2 years, 42 held 1–2 years, and 50 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.
🚀

Acceleration phase — new buyers rushing in

10 → 9 → 17 → 28 → 25 new funds/Q
New funds entering each quarter: 9 → 17 → 28 → 25. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
📊

Mixed cohorts — 21% veterans, 50% new entrants

■ 21% veterans ■ 29% 1-2yr ■ 50% new
Of 122 current holders: 26 (21%) held 2+ years, 35 held 1–2 years, 61 (50%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆

Elite ownership — 57% AUM from top-100 funds

57% from top-100 AUM funds
15 of 122 holders are among the 100 largest funds by AUM, controlling 57% of total institutional value in INCM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.9
out of 10
Moderate Exit Risk
Exit risk score 4.9/10 — 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 — INCM

In 2026 Q2, 97 hedge funds were net buyers of INCM (25 opened a new position, 72 added to an existing one), while 30 reduced or exited (13 trimmed, 17 sold completely) — a 76% buyer ratio, indicating clear institutional accumulation. This marks 9 consecutive quarters of net institutional buying — a persistent conviction signal. 57% of total institutional value in INCM is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +8 funds (more new holders than closures). Total institutional holders: 122.

Hedge Fund Ownership: INCM

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

Market Analysis: INCM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: INCM

-- --

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

3 top-rated funds 2 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
2.6
/ 10
conviction
Hedge Fund Positioning: INCM
119 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 119 114 4.39%
13F Shares 29M 25M 16.12%
Total Value $834M $717M 16.42%
New Positions 22 28 -6
Increased Positions 72 63 +9
Closed Positions 17 7 +10
Reduced Positions 13 14 -1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: INCM

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 Q2)

119 + investors

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

QUARTER:
Top 25 INCM holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Summit Investment Advisory Services, LLC 8.01% 1,105,667 $31.9M
2 Base Wealth Management LLC 4.78% 356,455 $10.3M
3 Next Level Private LLC 2.48% 439,360 $12.7M
4 Kennedy Investment Group, INC. 1.18% 120,396 $3.5M
5 Richards, Merrill & Peterson, INC. 1.01% 110,145 $3.2M
6 Larson Financial Group LLC 0.81% 1,074,484 $31.0M
7 Vienna Asset Management LLC 0.78% 38,458 $1.1M
8 Pinnacle Financial Group, LLC / IL 0.62% 87,828 $2.5M
9 Plus Group Wealth Advisors LLC 0.56% 20,516 $592K
10 Innovative Wealth Building LLC 0.55% 32,773 $946K
11 Tulsa Wealth Advisors, INC 0.54% 132,531 $3.8M
12 Carlson Financial, INC. 0.51% 31,319 $878K
13 Intrua Financial, LLC 0.42% 160,362 $4.6M
14 Sowell Financial Services LLC 0.40% 425,647 $12.3M
15 C2C Wealth Management, LLC 0.35% 15,500 $447K
16 Arrowroot Family Office, LLC 0.31% 37,543 $1.1M
17 LVZ, Inc. 0.28% 95,599 $2.8M
18 Smith, Moore & CO. 0.26% 139,230 $4.0M
19 Principia Wealth Advisory, LLC 0.21% 12,818 $368K
20 Thurston, Springer, Miller, Herd & Titak, INC. 0.21% 19,664 $567K
21 Tortuga Wealth Management, Inc 0.20% 7,600 $218K
22 Secure Asset Management, LLC 0.17% 41,563 $1.2M
23 Spartan Wealth Advisory Services LLC 0.17% 70,700 $2.0M
24 Harbour Investments, INC. 0.15% 392,293 $11.3M
25 Hbw Advisory Services LLC 0.13% 51,684 $1.5M
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 — Franklin Templeton ETF Tr (INCM)

What does the Smart Money Trend signal show for INCM?

Buying streak — 9 quarters in a row: For 9 consecutive quarters, more hedge funds added INCM 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 INCM?

More buyers than sellers — 76% buying: Last quarter: 97 funds were net buyers (25 opened a brand new position + 72 added to an existing one). Only 30 were sellers (13 trimmed + 17 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for INCM holders?

Elite ownership — 57% AUM from top-100 funds: 15 of 122 holders are among the 100 largest funds by AUM, controlling 57% of total institutional value in INCM. 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 INCM?

Mixed — 25% long-term, 41% new: Of the 122 current holders: 30 (25%) held >2 years, 42 held 1–2 years, and 50 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.

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 →