First Tr Exchange-Traded Fd (MGOV): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy First Tr Exchange-Traded Fd (MGOV) following the 2026 Q1 hedge fund 13F filings?

As of today, MGOV has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.3% for the SPY sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), MGOV gained nan% vs +15.1% 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.

First Tr Exchange-Traded Fd (MGOV)

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

Smart Money Signals — MGOV

Based on 32 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, more hedge funds added MGOV 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

32 hedge funds hold MGOV right now — the highest count in 2.8 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 — +68% more funds vs a year ago

fund count last 6Q

+13 new funds entered over the past year (+68% 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.

🟡

Slight buying edge — 57% buying

20 buying15 selling

Last quarter: 20 funds bought or added vs 15 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: 9 → 10 → 5 → 8. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔄

Mostly new holders — 38% entered in last year

■ 22% conviction (2yr+) ■ 41% medium ■ 38% new

Only 7 funds (22%) 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.

📊

Peak discovery — momentum slowing

2 → 9 → 10 → 5 → 8 new funds/Q

New funds entering each quarter: 9 → 10 → 5 → 8. MGOV is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.

📊

Mixed cohorts — 22% veterans, 47% new entrants

■ 22% veterans ■ 31% 1-2yr ■ 47% new

Of 32 current holders: 7 (22%) held 2+ years, 10 held 1–2 years, 15 (47%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.

✅

Strong quality — 39% AUM from major funds

39% from top-100 AUM funds

5 of 32 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

4.3

out of 10

Moderate Exit Risk

Exit risk score 4.3/10 — 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 (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	32	29	10.34%
13F Shares	5M	4M	30.96%
Total Value	$101M	$79M	27.32%
New Positions	8	5	+3
Increased Positions	12	16	-4
Closed Positions	5	8	-3
Reduced Positions	10	5	+5
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

10.34%

13F Shares

30.96%

Total Value

$101M

$79M

27.32%

New Positions

Increased Positions

-4

Closed Positions

-3

Reduced Positions

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

32 + investors

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

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 MGOV holders by conviction (% of portfolio weight) — 2026 Q1 · 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	Kingsview Wealth Management, LLC	0.11%	411,346	$8.3M
4	Iams Wealth Management, LLC	0.10%	14,154	$287K
5	Stephens Inc /Ar/	0.09%	369,248	$7.5M
6	Narwhal Capital Management	0.09%	58,576	$1.2M
7	Harvest Investment Services, LLC	0.06%	17,017	$345K
8	Harbour Investments, INC.	0.05%	167,459	$3.4M
9	Ashton Thomas Private Wealth, LLC	0.04%	79,852	$1.6M
10	Kovack Advisors, Inc.	0.03%	24,450	$495K
11	Truist Financial Corp	0.02%	757,071	$15.4M
12	Integrated Wealth Concepts LLC	0.02%	100,429	$2.0M
13	Commonwealth Equity Services, LLC	0.01%	416,307	$8.4M
14	IFP Advisors, Inc	0.01%	23,977	$486K
15	Cetera Investment Advisers	0.00%	206,115	$4.2M
16	Advisory Services Network, LLC	0.00%	16,094	$326K
17	Envestnet Asset Management Inc	0.00%	758,136	$15.4M
18	First Trust Advisors LP	0.00%	249,647	$5.1M
19	LPL Financial LLC	0.00%	660,423	$13.4M
20	HighTower Advisors, LLC	0.00%	111,220	$2.3M
21	Osaic Holdings, INC.	0.00%	76,137	$1.5M
22	Steward Partners Investment Advisory, LLC	0.00%	18,410	$373K
23	Farther Finance Advisors, LLC	0.00%	8,578	$174K
24	Kestra Advisory Services, LLC	0.00%	10,090	$205K
25	Jane Street Group, LLC	0.00%	202,402	$4.1M

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?

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

Slight buying edge — 57% buying: Last quarter: 20 funds bought or added vs 15 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 MGOV holders?

Strong quality — 39% AUM from major funds: 5 of 32 holders rank in the top 100 by AUM, accounting for 39% 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 — 38% entered in last year: Only 7 funds (22%) 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 First Tr Exchange-Traded Fd (MGOV) following the 2026 Q1 hedge fund 13F filings?

As of today, MGOV has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.3% for the SPY sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), MGOV has gained nan% vs +15.1% 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.

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First Tr Exchange-Traded Fd (MGOV)

Smart Money Signals — MGOV

Buying streak — 1 quarter in a row

At the ownership peak (100% of max)

Fast accumulation — +68% more funds vs a year ago

Slight buying edge — 57% buying

Steady new buyers — ~8 new funds per quarter

Mostly new holders — 38% entered in last year

Peak discovery — momentum slowing

Mixed cohorts — 22% veterans, 47% new entrants

Strong quality — 39% AUM from major funds

Institutional Sentiment Summary — MGOV

Hedge Fund Ownership: MGOV

Market Analysis: MGOV

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: MGOV

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

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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