Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Goldman Sachs ETF Tr (JUST)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -5
Streak
1Q ▼
Buyers last Q
53%

Smart Money Signals — JUST

Based on 89 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their JUST positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (95% of max)

95% of all-time peak
89 hedge funds hold JUST 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.
📶

Steady growth — +13% more funds vs a year ago

fund count last 6Q
+10 new funds entered over the past year (+13% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 53% buying

42 buying37 selling
Last quarter: 42 funds bought or added vs 37 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-7 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 13 → 5 → 14 → 7. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 21% medium ■ 16% new
56 out of 89 hedge funds have held JUST 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 — ~7 new funds/quarter

5 → 13 → 5 → 14 → 7 new funds/Q
New funds entering each quarter: 13 → 5 → 14 → 7. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 63% veterans vs 24% newcomers

■ 63% veterans ■ 13% 1-2yr ■ 24% new
Entry-cohort mix of 89 holders: 56 (63%) are 2+ year veterans, 12 entered 1–2 years ago, and 21 (24%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 50% AUM from top-100 funds

50% from top-100 AUM funds
18 of 89 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in JUST. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.3
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 — JUST

In 2026 Q1, 42 hedge funds were net buyers of JUST (7 opened a new position, 35 added to an existing one), while 37 reduced or exited (25 trimmed, 12 sold completely) — a 53% buyer ratio, indicating a slight buying edge. 50% of total institutional value in JUST is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -5 funds (more exits than new entries). Total institutional holders: 89.

Hedge Fund Ownership: JUST

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

Market Analysis: JUST

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: JUST

-- --

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

Is It Too Late to Buy Goldman Sachs ETF Tr (JUST) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much JUST 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 · 80d ago
JUST
nan%
SPY
+13.9%

JUST outperformed SPY by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 35d ago
JUST
nan%
SPY
+0.2%

Since the filing became public, JUST outperformed SPY by nan% .

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 1 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
1.6
/ 10
conviction
Hedge Fund Positioning: JUST
89 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 89 94 -5.32%
13F Shares 4M 4M -9.3%
Total Value $285M $359M -20.8%
New Positions 7 14 -7
Increased Positions 35 27 +8
Closed Positions 12 3 +9
Reduced Positions 25 28 -3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: JUST

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)

89 + investors

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

QUARTER:
Top 25 JUST holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Sbe LLC Dba Cedar Cove Wealth Partners 19.11% 393,803 $36.4M
2 Sonoma Private Wealth LLC 1.22% 10,682 $988K
3 North Forty Two & Co. 0.97% 11,325 $1.0M
4 Sincerus Advisory, LLC 0.90% 12,881 $1.2M
5 Albion Financial Group /Ut 0.70% 117,210 $10.8M
6 Milestone Investment Advisors LLC 0.61% 27,504 $2.5M
7 Carson Advisory Inc. 0.57% 11,900 $1.1M
8 Leavell Investment Management, INC. 0.43% 112,790 $10.4M
9 Ballentine Partners, LLC 0.39% 306,229 $28.3M
10 Headinvest, LLC 0.28% 14,679 $1.4M
11 Sage Financial Group Inc 0.26% 42,482 $3.9M
12 Argyle Capital Partners, LLC 0.19% 2,902 $268K
13 Jordan Park Group LLC 0.16% 32,526 $3.0M
14 Mascoma Wealth Management LLC 0.14% 7,228 $669K
15 Gibson Capital, LLC 0.11% 6,156 $569K
16 Naviter Wealth, LLC 0.08% 6,830 $632K
17 Meramec Financial Planners, LLC 0.08% 1,880 $190K
18 Nottingham Advisors, INC. 0.07% 6,189 $572K
19 Seeds Investor LLC 0.07% 5,454 $540K
20 Equita Financial Network, Inc. 0.07% 2,403 $222K
21 Farther Finance Advisors, LLC 0.07% 78,937 $7.4M
22 Portland Global Advisors LLC 0.05% 4,880 $451K
23 Principal Securities, INC. 0.04% 30,129 $2.8M
24 Richardson Financial Services INC. 0.04% 701 $65K
25 Gradient Investments LLC 0.04% 24,977 $2.3M
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 — Goldman Sachs ETF Tr (JUST)

What does the Smart Money Trend signal show for JUST?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their JUST 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 JUST?

Slight buying edge — 53% buying: Last quarter: 42 funds bought or added vs 37 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for JUST holders?

Elite ownership — 50% AUM from top-100 funds: 18 of 89 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in JUST. 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 JUST?

63% of holders stayed for 2+ years: 56 out of 89 hedge funds have held JUST 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 Goldman Sachs ETF Tr (JUST) following the 2026 Q1 hedge fund 13F filings?

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