Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Advisors Ser Tr (KAT)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +3
Streak
3Q ▲
Buyers last Q
31%

Smart Money Signals — KAT

Based on 40 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added KAT 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
40 hedge funds hold KAT 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 — +3900% more funds vs a year ago

fund count last 6Q
+39 new funds entered over the past year (+3900% 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.
🔴

Heavy selling pressure — only 31% buying

11 buying24 selling
Last quarter: 24 funds sold vs only 11 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~6 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 0 → 31 → 7 → 6. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 95% entered in last year

■ 5% conviction (2yr+) ■ 0% medium ■ 95% new
Only 2 funds (5%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
⚠️

Saturation — most institutions already know this story

0 → 0 → 31 → 7 → 6 new funds/Q
New funds entering each quarter: 0 → 31 → 7 → 6. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.
🌱

Early stage — 95% of holders entered in last year

■ 5% veterans ■ 0% 1-2yr ■ 95% new
Of 40 current holders: 38 (95%) entered in the past year, only 2 (5%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
📋

Smaller funds dominant — 13% AUM from top-100

13% from top-100 AUM funds
8 of 40 holders rank in the top 100 by AUM, but together hold only 13% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
8.3
out of 10
High Exit Risk
Exit risk score 8.3/10 — multiple crowding signals converge. Institutional ownership is at 100% of its all-time high — near peak crowding. Selling pressure exceeds buying: only 31% of active funds buying. Crowded trades can unwind fast — a single catalyst can trigger a cascade.

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 — KAT

In 2026 Q1, 11 hedge funds were net buyers of KAT (6 opened a new position, 5 added to an existing one), while 24 reduced or exited (21 trimmed, 3 sold completely) — a 31% buyer ratio, indicating net institutional distribution. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +3 funds (more new holders than closures). Total institutional holders: 40.

Hedge Fund Ownership: KAT

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

Market Analysis: KAT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: KAT

-- --

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

Is It Too Late to Buy Advisors Ser Tr (KAT) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much KAT 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
KAT
nan%
SPY
+13.9%

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

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

Since the filing became public, KAT 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.

1 top-rated funds 1 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
1.4
/ 10
conviction
Hedge Fund Positioning: KAT
40 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 40 37 8.11%
13F Shares 9M 10M -3.48%
Total Value $493M $534M -7.68%
New Positions 6 7 -1
Increased Positions 5 8 -3
Closed Positions 3 1 +2
Reduced Positions 21 12 +9
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: KAT

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

40 + investors

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

QUARTER:
Top 25 KAT holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Scharf Investments, LLC 7.53% 4,559,282 $244.4M
2 Intellectus Partners, LLC 2.36% 215,504 $11.5M
3 Roehl & Yi Investment Advisors, LLC 1.48% 73,517 $3.9M
4 Ridge Creek Global, Inc 0.24% 5,348 $287K
5 Focus Partners Wealth 0.15% 2,502,737 $134.1M
6 Ashton Thomas Securities, LLC 0.10% 14,504 $777K
7 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.07% 75,464 $4.0M
8 Ashton Thomas Private Wealth, LLC 0.05% 38,213 $2.0M
9 Abound Wealth Management 0.04% 3,612 $194K
10 Pinnacle Bancorp, Inc. 0.04% 2,296 $123K
11 Sanctuary Advisors, LLC 0.01% 49,597 $2.7M
12 HighTower Advisors, LLC 0.01% 175,943 $9.4M
13 Exencial Wealth Advisors, LLC 0.01% 5,145 $276K
14 Mgo One Seven LLC 0.01% 7,871 $422K
15 Quantinno Capital Management LP 0.01% 83,107 $4.5M
16 Summit Financial, LLC 0.01% 8,884 $476K
17 Summit Trail Advisors, LLC 0.01% 6,545 $351K
18 Corient Private Wealth LLC 0.00% 52,521 $2.8M
19 Apollon Wealth Management, LLC 0.00% 4,503 $241K
20 Morgan Stanley 0.00% 1,049,943 $56.3M
21 Orion Porfolio Solutions, LLC 0.00% 4,008 $215K
22 Wealth Enhancement Advisory Services, LLC 0.00% 15,977 $864K
23 Mercer Global Advisors Inc /Adv 0.00% 18,462 $989K
24 Raymond James Financial Inc 0.00% 45,912 $2.5M
25 Citadel Advisors LLC 0.00% 78,593 $4.2M
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 — Advisors Ser Tr (KAT)

What does the Smart Money Trend signal show for KAT?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added KAT 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 KAT?

Heavy selling pressure — only 31% buying: Last quarter: 24 funds sold vs only 11 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for KAT holders?

Smaller funds dominant — 13% AUM from top-100: 8 of 40 holders rank in the top 100 by AUM, but together hold only 13% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held KAT?

Mostly new holders — 95% entered in last year: Only 2 funds (5%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Advisors Ser Tr (KAT) following the 2026 Q1 hedge fund 13F filings?

As of today, KAT 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), KAT 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.

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