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

FIRST TR EXCHANGE-TRADED FD (MGOV)

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

Smart Money Signals — MGOV

Based on 29 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q

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

📊

High ownership — 91% of 2.5Y peak

91% of all-time peak

29 funds currently hold this stock — 91% of the 2.5-year high of 32 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.

🚀

Fast accumulation — +38% more funds vs a year ago

fund count last 6Q

+8 new funds entered over the past year (+38% 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.

🟢

More buyers than sellers — 62% buying

21 buying13 selling

Last quarter: 21 funds were net buyers (5 opened a brand new position + 16 added to an existing one). Only 13 were sellers (5 trimmed + 8 sold completely). A clear majority buying is a strong confirmation signal.

➡️

Steady new buyers — ~5 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 2 → 9 → 10 → 5. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔄

Mostly new holders — 48% entered in last year

■ 10% conviction (2yr+) ■ 41% medium ■ 48% new

Only 3 funds (10%) 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.

➡️

Steady discovery — ~5 new funds/quarter

7 → 2 → 9 → 10 → 5 new funds/Q

New funds entering each quarter: 2 → 9 → 10 → 5. Consistent flow of new institutional buyers without clear acceleration or slowdown.

🌱

Early stage — 59% of holders entered in last year

■ 3% veterans ■ 38% 1-2yr ■ 59% new

Of 29 current holders: 17 (59%) entered in the past year, only 1 (3%) 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.

✅

Strong quality — 26% AUM from major funds

26% from top-100 AUM funds

3 of 29 holders rank in the top 100 by AUM, accounting for 26% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

4.5

out of 10

Moderate Exit Risk

Exit risk score 4.5/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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	29	32	-9.38%
13F Shares	4M	4M	3.29%
Total Value	$79M	$77M	3.25%
New Positions	5	10	-5
Increased Positions	16	13	+3
Closed Positions	8	4	+4
Reduced Positions	5	6	-1
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2025 Q4)

Prior (2025 Q3)

Change

Funds Holding

-9.38%

13F Shares

3.29%

Total Value

$79M

$77M

3.25%

New Positions

-5

Increased Positions

Closed Positions

Reduced Positions

-1

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

29 + investors

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

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

Top 14 institutional holders of MGOV — 2025 Q4 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	SILVER OAK SECURITIES, INCORPORATED	0.16%	106,302	$2.2M
2	INSPIRION WEALTH ADVISORS, LLC	0.14%	54,622	$1.1M
3	IAMS WEALTH MANAGEMENT, LLC	0.10%	14,154	$287K
4	STEPHENS INC /AR/	0.09%	369,248	$7.5M
5	Narwhal Capital Management	0.09%	58,576	$1.2M
6	TRUIST FINANCIAL CORP	0.02%	757,071	$15.4M
7	COMMONWEALTH EQUITY SERVICES, LLC	0.01%	416,307	$8.4M
8	IFP Advisors, Inc	0.01%	23,977	$486K
9	Janney Montgomery Scott LLC	0.00%	33,660	—
10	Farther Finance Advisors, LLC	0.00%	8,578	$174K
11	Cambridge Investment Research Advisors, Inc.	0.00%	20,301	—
12	Kestra Advisory Services, LLC	0.00%	10,090	$205K
13	AdvisorNet Financial, Inc	0.00%	14	—
14	SBI Securities Co., Ltd.	0.00%	1	—

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 (MGOV)

What does the Smart Money Trend signal show for MGOV?

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

More buyers than sellers — 62% buying: Last quarter: 21 funds were net buyers (5 opened a brand new position + 16 added to an existing one). Only 13 were sellers (5 trimmed + 8 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for MGOV holders?

Strong quality — 26% AUM from major funds: 3 of 29 holders rank in the top 100 by AUM, accounting for 26% 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 MGOV?

Mostly new holders — 48% entered in last year: Only 3 funds (10%) 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.

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 (MGOV)

Smart Money Signals — MGOV

Selling streak — 1 quarter in a row

High ownership — 91% of 2.5Y peak

Fast accumulation — +38% more funds vs a year ago

More buyers than sellers — 62% buying

Steady new buyers — ~5 new funds per quarter

Mostly new holders — 48% entered in last year

Steady discovery — ~5 new funds/quarter

Early stage — 59% of holders entered in last year

Strong quality — 26% AUM from major funds

Hedge Fund Ownership: MGOV

Market Analysis: MGOV

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: MGOV

Hedge Fund Positioning: MGOV

Statistics: MGOV

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

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

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