FIRST TR EXCHANGE-TRADED FD (LMBS): Hedge Fund Ownership & Smart Money Signals (Q4 2025)

FIRST TR EXCHANGE-TRADED FD (LMBS)

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

Smart Money Signals — LMBS

Based on 401 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 LMBS 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

401 hedge funds hold LMBS 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

+21 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 — 59% buying

235 buying162 selling

Last quarter: 235 funds bought or added vs 162 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.

📈

More new buyers each quarter (+35 vs last Q)

new funds entering per quarter

Funds opening a new LMBS position: 33 → 37 → 27 → 62. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

🔒

66% of holders stayed for 2+ years

■ 66% conviction (2yr+) ■ 17% medium ■ 17% new

264 out of 401 hedge funds have held LMBS 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

48 → 33 → 37 → 27 → 62 new funds/Q

New funds entering each quarter: 33 → 37 → 27 → 62. A growing number of institutions are discovering LMBS each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Deep conviction — 66% of holders stayed 2+ years

■ 66% veterans ■ 10% 1-2yr ■ 23% new

Of 402 current holders: 266 (66%) 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 — 47% AUM from top-100 funds

47% from top-100 AUM funds

15 of 401 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in LMBS. 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.

Metric	All 13F Filers (2025 Q4)	Prior (2025 Q3)	Change
Funds Holding	402	366	9.84%
13F Shares	88M	83M	5.81%
Total Value	$4.40B	$4.64B	-5.14%
New Positions	62	27	+35
Increased Positions	173	188	-15
Closed Positions	26	48	-22
Reduced Positions	137	124	+13
Total Calls	1	1	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2025 Q4)

Prior (2025 Q3)

Change

Funds Holding

402

366

9.84%

13F Shares

88M

83M

5.81%

Total Value

$4.40B

$4.64B

-5.14%

New Positions

+35

Increased Positions

173

188

-15

Closed Positions

-22

Reduced Positions

137

124

+13

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

402 + investors

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

FILTER:All New Added To Reduced No Change | Overweight >5% | SHOW: Active managers + show index funds

Top 25 institutional holders of LMBS — 2025 Q4 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	SEARCY FINANCIAL SERVICES INC /ADV	8.07%	437,090	$21.8M
2	TL Private Wealth	6.65%	337,106	$16.9M
3	PFS Partners, LLC	5.13%	224,890	$11.2M
4	Weitzel Financial Services, Inc.	4.91%	263,945	$13.0M
5	BELLEVUE ASSET MANAGEMENT, LLC	4.83%	193,738	$9.7M
6	RiverTree Advisors, LLC	4.41%	139,931	$7.0M
7	Prism Advisors, Inc.	4.14%	311,459	$15.5M
8	Fairvoy Private Wealth, LLC	3.75%	315,355	$15.7M
9	ADAMSBROWN WEALTH CONSULTANTS LLC	3.32%	252,406	$12.6M
10	Mainsail Financial Group, LLC	3.20%	154,233	$7.7M
11	Berger Financial Group, Inc	3.14%	1,127,689	$56.2M
12	Centennial Wealth Advisory LLC	3.03%	250,985	$12.5M
13	MRA Advisory Group	2.96%	145,652	$7.3M
14	Darwin Wealth Management, LLC	2.89%	186,130	$9.3M
15	ProCore Advisors, LLC	2.88%	37,719	$1.9M
16	Walkner Condon Financial Advisors LLC	2.85%	434,819	$21.7M
17	INSPIRION WEALTH ADVISORS, LLC	2.45%	395,648	$19.7M
18	Plus Group Wealth Advisors LLC	2.40%	43,778	$2.2M
19	Braun-Bostich & Associates Inc.	2.40%	76,862	$3.8M
20	APS Management Group, Inc.	2.38%	55,945	$2.8M
21	Petix & Botte Co	2.37%	213,509	$10.6M
22	NORTHEAST PLANNING ASSOCIATES, INC. / NH /	2.30%	68,646	$3.4M
23	Secure Asset Management, LLC	2.19%	278,055	$13.8M
24	Friedenthal Financial	2.10%	84,162	$4.2M
25	GENESIS PRIVATE WEALTH, LLC	2.06%	131,140	$6.5M

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 (LMBS)

What does the Smart Money Trend signal show for LMBS?

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

Slight buying edge — 59% buying: Last quarter: 235 funds bought or added vs 162 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 LMBS holders?

Elite ownership — 47% AUM from top-100 funds: 15 of 401 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in LMBS. 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 LMBS?

66% of holders stayed for 2+ years: 264 out of 401 hedge funds have held LMBS 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.

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FIRST TR EXCHANGE-TRADED FD (LMBS)

Smart Money Signals — LMBS

Buying streak — 1 quarter in a row

At the ownership peak (100% of max)

Steady growth — +6% more funds vs a year ago

Slight buying edge — 59% buying

More new buyers each quarter (+35 vs last Q)

66% of holders stayed for 2+ years

Growing discovery — still being found

Deep conviction — 66% of holders stayed 2+ years

Elite ownership — 47% AUM from top-100 funds

Hedge Fund Ownership: LMBS

Market Analysis: LMBS

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: LMBS

Hedge Fund Positioning: LMBS

Statistics: LMBS

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — FIRST TR EXCHANGE-TRADED FD (LMBS)

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