Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

FIRST TR EXCHANGE TRADED FD (LEGR)

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

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +2
Streak
1Q ▲
Buyers last Q
55%

Smart Money Signals — LEGR

Based on 56 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added LEGR 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 (95% of max)

95% of all-time peak
56 hedge funds hold LEGR 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 — +6% more funds vs a year ago

fund count last 6Q
+3 new funds entered over the past year (+6% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 55% buying

27 buying22 selling
Last quarter: 27 funds bought or added vs 22 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.
➡️

Steady new buyers — ~8 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 5 → 6 → 5 → 8. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

68% of holders stayed for 2+ years

68% conviction (2yr+) 18% medium 14% new
38 out of 56 hedge funds have held LEGR 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 — ~8 new funds/quarter

6 → 5 → 6 → 5 → 8 new funds/Q
New funds entering each quarter: 5 → 6 → 5 → 8. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 70% of holders stayed 2+ years

70% veterans 11% 1-2yr 20% new
Of 56 current holders: 39 (70%) 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.

Strong quality — 32% AUM from major funds

32% from top-100 AUM funds
9 of 56 holders rank in the top 100 by AUM, accounting for 32% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — 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.

Hedge Fund Ownership: LEGR

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

Market Analysis: LEGR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: LEGR

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

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

5 top-rated funds 0 high-conviction
Consensus
3.4
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: LEGR
2026 Q1 Stats Unlock in 15 days 56 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 56 54 3.7%
13F Shares 930K 887K 4.89%
Total Value $55M $50M 11.12%
New Positions 8 5 +3
Increased Positions 19 19 -
Closed Positions 6 5 +1
Reduced Positions 16 16 -
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: LEGR

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Institutional Holders (2026 Q1)

56 + investors

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

Top 20 institutional holders of LEGR — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 FLAGSTAR ADVISORS INC 0.25% 12,048 $696K
2 WealthCare Investment Partners, LLC 0.17% 10,753 $623K
3 KINGSWOOD WEALTH ADVISORS, LLC 0.17% 61,476 $3.6M
4 CPR Investments Inc. 0.17% 4,332 $250K
5 CRUX WEALTH ADVISORS 0.10% 4,407 $255K
6 Belpointe Asset Management LLC 0.01% 6,547 $378K
7 OPPENHEIMER ASSET MANAGEMENT INC. 0.01% 16,078 $929K
8 Sound Income Strategies, LLC 0.01% 2,662 $155K
9 PFS Partners, LLC 0.01% 242 $14K
10 Prospera Financial Services Inc 0.00% 3,615 $209K
11 NBC SECURITIES, INC. 0.00% 475 $27K
12 CENTRAL TRUST Co 0.00% 1,635 $94K
13 Cambridge Investment Research Advisors, Inc. 0.00% 10,530
14 Cedar Mountain Advisors, LLC 0.00% 137 $8K
15 Kestra Advisory Services, LLC 0.00% 5,496 $317K
16 COMMONWEALTH EQUITY SERVICES, LLC 0.00% 13,346 $771K
17 IFP Advisors, Inc 0.00% 468 $27K
18 Farther Finance Advisors, LLC 0.00% 388 $23K
19 SIGNATUREFD, LLC 0.00% 50 $3K
20 HANTZ FINANCIAL SERVICES, INC. 0.00% 11
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 (LEGR)

What does the Smart Money Trend signal show for LEGR?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added LEGR 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 LEGR?

Slight buying edge — 55% buying: Last quarter: 27 funds bought or added vs 22 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 LEGR holders?

Strong quality — 32% AUM from major funds: 9 of 56 holders rank in the top 100 by AUM, accounting for 32% 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 LEGR?

68% of holders stayed for 2+ years: 38 out of 56 hedge funds have held LEGR 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.

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.