Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

First Tr Exchange-Traded Fd (KNG)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -9
Streak
1Q ▼
Buyers last Q
48%

Smart Money Signals — KNG

Based on 300 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 KNG 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 (97% of max)

97% of all-time peak
300 hedge funds hold KNG 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.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding KNG is almost the same as a year ago (-10 funds, -3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 48% buying

152 buying163 selling
Last quarter: 163 funds reduced or exited vs 152 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.
⚠️

Fewer new buyers each quarter (-12 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 33 → 36 → 48 → 36. 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.
🔒

47% of holders stayed for 2+ years

■ 47% conviction (2yr+) ■ 32% medium ■ 21% new
140 out of 300 hedge funds have held KNG 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

31 → 33 → 36 → 48 → 36 new funds/Q
New funds entering each quarter: 33 → 36 → 48 → 36. A growing number of institutions are discovering KNG each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 47% of holders stayed 2+ years

■ 47% veterans ■ 26% 1-2yr ■ 27% new
Of 300 current holders: 141 (47%) 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 — 51% AUM from top-100 funds

51% from top-100 AUM funds
18 of 300 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in KNG. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — 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 — KNG

In 2026 Q1, 152 hedge funds were net buyers of KNG (36 opened a new position, 116 added to an existing one), while 163 reduced or exited (118 trimmed, 45 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. 51% of total institutional value in KNG is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -9 funds (more exits than new entries). Total institutional holders: 300.

Hedge Fund Ownership: KNG

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

Market Analysis: KNG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: KNG

-- --

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

Is It Too Late to Buy First Tr Exchange-Traded Fd (KNG) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much KNG 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
KNG
+2.9%
SPY
+15.9%

KNG outperformed SPY by -13.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 32d ago
KNG
+4.9%
SPY
+2.0%

Since the filing became public, KNG outperformed SPY by +2.9% .

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.

10 top-rated funds 4 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
3.0
/ 10
conviction
Hedge Fund Positioning: KNG
297 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 297 309 -3.88%
13F Shares 38M 38M 0.51%
Total Value $1.82B $1.88B -3.35%
New Positions 36 48 -12
Increased Positions 115 91 +24
Closed Positions 48 36 +12
Reduced Positions 117 139 -22
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: KNG

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Institutional Holders (2026 Q1)

297 + investors

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

QUARTER:
Top 25 KNG holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 PSI Advisors, LLC 5.92% 507,545 $24.7M
2 Compass Financial Services Inc 5.44% 257,645 $12.5M
3 Wagner Wealth Management, LLC 5.03% 510,992 $24.9M
4 Symphony Financial Services, Inc. 4.90% 196,035 $9.5M
5 Solitude Financial Services 3.96% 272,015 $13.4M
6 Hilton Head Capital Partners, LLC 2.71% 98,607 $4.8M
7 Curran Financial Partners, LLC 2.35% 269,732 $13.1M
8 Argent Advisors, Inc. 2.18% 163,926 $8.0M
9 Flaharty Asset Management, LLC 2.17% 359,204 $17.5M
10 PFS Partners, LLC 2.15% 96,281 $4.7M
11 TKG Advisors, LLC 1.78% 88,388 $4.3M
12 Atlas Private Wealth Advisors 1.70% 148,024 $7.2M
13 Retirement Guys Formula LLC 1.69% 75,392 $3.7M
14 Ofc Financial Planning, LLC 1.53% 31,868 $1.6M
15 Prevail Innovative Wealth Advisors, LLC 1.38% 168,898 $8.2M
16 G&S Capital LLC 1.26% 73,615 $3.6M
17 Econ Financial Services Corp 1.22% 53,778 $2.6M
18 Stonehaven Wealth & Tax Solutions, LLC 1.16% 26,848 $1.3M
19 Signature Equity Partners, LLC 1.13% 43,235 $2.1M
20 Z3 Capital Partners, LLC 1.06% 89,464 $4.4M
21 Next Level Private LLC 0.90% 81,383 $4.0M
22 Milestone Asset Management, LLC 0.89% 98,779 $4.8M
23 Stonebridge Financial Planning Group, LLC 0.84% 47,063 $2.3M
24 Legacy Wealth Managment, LLC/ID 0.80% 33,023 $1.6M
25 APS Management Group, Inc. 0.74% 17,674 $861K
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 — First Tr Exchange-Traded Fd (KNG)

What does the Smart Money Trend signal show for KNG?

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

More sellers than buyers — 48% buying: Last quarter: 163 funds reduced or exited vs 152 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 KNG holders?

Elite ownership — 51% AUM from top-100 funds: 18 of 300 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in KNG. 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 KNG?

47% of holders stayed for 2+ years: 140 out of 300 hedge funds have held KNG 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 First Tr Exchange-Traded Fd (KNG) following the 2026 Q1 hedge fund 13F filings?

As of today, KNG has moved +4.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of +2.9%. Since the quarter end (March 31, 2026), KNG has gained +2.9% 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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