Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Ishares Tr (MMAX)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
→ 0
Streak
1Q —
Buyers last Q
55%

Smart Money Signals — MMAX

Based on 16 hedge funds · latest filing: 2026 Q1 · updated quarterly

➡️

No change last quarter

last 3Q
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
📊

High ownership — 94% of 1.0Y peak

94% of all-time peak
16 funds currently hold this stock — 94% of the 1.0-year high of 17 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🟡

Slight buying edge — 55% buying

6 buying5 selling
Last quarter: 6 funds bought or added vs 5 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 — ~2 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 6 → 3 → 2. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 50% entered in last year

■ 0% conviction (2yr+) ■ 50% medium ■ 50% new
Only 0 funds (0%) 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.
⚠️

Saturation — most institutions already know this story

6 → 3 → 2 new funds/Q
New funds entering each quarter: 6 → 3 → 2. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.
🌱

Early stage — 100% of holders entered in last year

■ 0% veterans ■ 0% 1-2yr ■ 100% new
Of 16 current holders: 16 (100%) entered in the past year, only 0 (0%) 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.
📋

Smaller funds dominant — 3% AUM from top-100

3% from top-100 AUM funds
2 of 16 holders rank in the top 100 by AUM, but together hold only 3% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.6
out of 10
Moderate Exit Risk
Exit risk score 4.6/10 — 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.

Institutional Sentiment Summary — MMAX

In 2026 Q1, 6 hedge funds were net buyers of MMAX (2 opened a new position, 4 added to an existing one), while 5 reduced or exited (3 trimmed, 2 sold completely) — a 55% buyer ratio, indicating a slight buying edge. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 16.

Hedge Fund Ownership: MMAX

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

Market Analysis: MMAX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: MMAX

-- --

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

Is It Too Late to Buy Ishares Tr (MMAX) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much MMAX 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 · 74d ago
MMAX
+1.7%
SPY
+14.1%

MMAX outperformed SPY by -12.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 29d ago
MMAX
+0.2%
SPY
+0.3%

Since the filing became public, MMAX outperformed SPY by -0.1% .

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.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
0.6
/ 10
conviction
Hedge Fund Positioning: MMAX
16 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 16 16 -
13F Shares 1M 992K 19.35%
Total Value $31M $26M 22.17%
New Positions 2 3 -1
Increased Positions 4 3 +1
Closed Positions 2 4 -2
Reduced Positions 3 5 -2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: MMAX

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

16 + investors

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

QUARTER:
Top 16 MMAX holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Jim Saulnier & Associates, LLC 1.31% 101,581 $2.7M
2 FC Advisory LLC 0.52% 67,042 $1.8M
3 J. L. Bainbridge & Co., Inc. 0.36% 153,894 $4.1M
4 BIP Wealth, LLC 0.32% 298,159 $7.9M
5 Grantvest Financial Group LLC 0.18% 10,674 $284K
6 Crewe Advisors LLC 0.14% 61,748 $1.6M
7 Blue Sky Capital Consultants Group, Inc. 0.11% 8,426 $224K
8 Pinnacle Wealth Planning Services, Inc. 0.02% 5,497 $146K
9 Kovack Advisors, Inc. 0.01% 10,174 $270K
10 Farther Finance Advisors, LLC 0.00% 16,903 $449K
11 Captrust Financial Advisors 0.00% 14,741 $392K
12 Parallel Advisors, LLC 0.00% 600 $16K
13 BlackRock, Inc. 0.00% 400,000 $10.6M
14 Envestnet Asset Management Inc 0.00% 14,592 $388K
15 IFP Advisors, Inc 0.00% 155 $4K
16 Susquehanna International Group, LLP 0.00% 20,158 $536K
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 — Ishares Tr (MMAX)

What does the Smart Money Trend signal show for MMAX?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for MMAX?

Slight buying edge — 55% buying: Last quarter: 6 funds bought or added vs 5 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 MMAX holders?

Smaller funds dominant — 3% AUM from top-100: 2 of 16 holders rank in the top 100 by AUM, but together hold only 3% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held MMAX?

Mostly new holders — 50% entered in last year: Only 0 funds (0%) 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 Ishares Tr (MMAX) following the 2026 Q1 hedge fund 13F filings?

As of today, MMAX has moved +0.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of -0.1%. Since the quarter end (March 31, 2026), MMAX has gained +1.7% vs +14.1% 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.

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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