Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Amplify ETF Tr (IPAY)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -4
Streak
4Q ▼
Buyers last Q
41%

Smart Money Signals — IPAY

Based on 74 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds reduced or closed their IPAY positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 85% of 2.2Y peak

85% of all-time peak
74 funds currently hold this stock — 85% of the 2.2-year high of 87 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 15% fewer funds vs a year ago

fund count last 6Q
13 fewer hedge funds hold IPAY compared to a year ago (-15% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 41% buying

30 buying44 selling
Last quarter: 44 funds reduced or exited vs 30 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 — ~15 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 9 → 9 → 14 → 15. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌

Mixed — 35% long-term, 24% new

■ 35% conviction (2yr+) ■ 41% medium ■ 24% new
Of the 74 current holders: 26 (35%) held >2 years, 30 held 1–2 years, and 18 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.
💎

Buying through price weakness — shares -6%, value -24%

Value
-24%
Shares
-6%
Last quarter: funds added -6% more shares while total portfolio value only changed -24%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

15 → 9 → 9 → 14 → 15 new funds/Q
New funds entering each quarter: 9 → 9 → 14 → 15. A growing number of institutions are discovering IPAY each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
📊

Mixed cohorts — 0% veterans, 32% new entrants

■ 0% veterans ■ 68% 1-2yr ■ 32% new
Of 76 current holders: 0 (0%) held 2+ years, 52 held 1–2 years, 24 (32%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
✅

Strong quality — 38% AUM from major funds

38% from top-100 AUM funds
13 of 74 holders rank in the top 100 by AUM, accounting for 38% 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 — IPAY

In 2026 Q1, 30 hedge funds were net buyers of IPAY (15 opened a new position, 15 added to an existing one), while 44 reduced or exited (25 trimmed, 19 sold completely) — a 41% buyer ratio, indicating roughly balanced activity. This extends a 4-quarter selling streak, suggesting sustained institutional caution. 38% of total institutional value in IPAY is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -4 funds (more exits than new entries). Total institutional holders: 74.

Hedge Fund Ownership: IPAY

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

Market Analysis: IPAY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: IPAY

-- --

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

Is It Too Late to Buy Amplify ETF Tr (IPAY) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much IPAY 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 · 85d ago
IPAY
+2.0%
SPY
+14.9%

IPAY outperformed SPY by -12.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 40d ago
IPAY
-2.5%
SPY
+1.1%

Since the filing became public, IPAY outperformed SPY by -3.6% .

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.

6 top-rated funds 1 high-conviction
Consensus
3.7
/ 10
breadth
×
Elite
0.7
/ 10
conviction
Hedge Fund Positioning: IPAY
74 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 74 78 -5.13%
13F Shares 1M 1M -6.2%
Total Value $43M $56M -24.04%
New Positions 15 14 +1
Increased Positions 15 15 -
Closed Positions 19 18 +1
Reduced Positions 24 25 -1
Total Calls 0 0 -
Total Puts 2 0 100%
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: IPAY

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Valuation Measures Data as of: --

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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)

74 + investors

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

QUARTER:
Top 25 IPAY holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Sava Penzisko Drushtvo A.D. Skopje 2.59% 198,379 $8.5M
2 Biltmore Family Office, LLC 0.28% 46,175 $2.0M
3 Northstar Group, Inc. 0.13% 21,496 $920K
4 Bank OZK 0.08% 5,527 $237K
5 Gts Securities LLC 0.06% 40,957 $1.8M
6 Ntv Asset Management LLC 0.03% 5,845 $250K
7 Hyposwiss Advisors SA 0.01% 250 $11K
8 Flagship Harbor Advisors, LLC 0.01% 5,434 $233K
9 Prudential plc 0.01% 39,010 $1.7M
10 Bank of New Hampshire 0.01% 956 $41K
11 Exencial Wealth Advisors, LLC 0.01% 6,072 $260K
12 Prime Capital Investment Advisors, LLC 0.01% 12,523 $536K
13 Chicago Partners Investment Group LLC 0.01% 5,500 $268K
14 Financial Engines Advisors L.L.C. 0.01% 66,977 $2.9M
15 Western Wealth Management, LLC 0.00% 2,990 $128K
16 PNC Financial Services Group, INC. 0.00% 184,216 $7.9M
17 Arkadios Wealth Advisors 0.00% 6,111 $262K
18 Oppenheimer & Co Inc 0.00% 7,872 $337K
19 United Financial Planning Group LLC 0.00% 83 $4K
20 Winch Advisory Services, LLC 0.00% 163 $7K
21 Banque Cantonale Vaudoise 0.00% 845 $36K
22 Y.D. More Investments Ltd 0.00% 800 $33K
23 Parallel Advisors, LLC 0.00% 1,475 $63K
24 Osaic Holdings, INC. 0.00% 16,394 $702K
25 Wealthfront Advisers LLC 0.00% 9,792 $419K
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 — Amplify ETF Tr (IPAY)

What does the Smart Money Trend signal show for IPAY?

Selling streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds reduced or closed their IPAY 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 IPAY?

More sellers than buyers — 41% buying: Last quarter: 44 funds reduced or exited vs 30 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 IPAY holders?

Strong quality — 38% AUM from major funds: 13 of 74 holders rank in the top 100 by AUM, accounting for 38% 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 IPAY?

Mixed — 35% long-term, 24% new: Of the 74 current holders: 26 (35%) held >2 years, 30 held 1–2 years, and 18 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 Amplify ETF Tr (IPAY) following the 2026 Q1 hedge fund 13F filings?

As of today, IPAY has moved -2.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.1% for the SPY sector ETF — an outperformance of -3.6%. Since the quarter end (March 31, 2026), IPAY has gained +2.0% vs +14.9% 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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