Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Spdr Index Shs Fds (NANR)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +9
Streak
4Q ▲
Buyers last Q
59%

Smart Money Signals — NANR

Based on 135 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added NANR 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
135 hedge funds hold NANR 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.
🚀

Fast accumulation — +45% more funds vs a year ago

fund count last 6Q
+42 new funds entered over the past year (+45% 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 — 59% buying

71 buying49 selling
Last quarter: 71 funds bought or added vs 49 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 — ~25 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 20 → 23 → 23 → 25. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

52% of holders stayed for 2+ years

■ 52% conviction (2yr+) ■ 20% medium ■ 28% new
70 out of 135 hedge funds have held NANR 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

10 → 20 → 23 → 23 → 25 new funds/Q
New funds entering each quarter: 20 → 23 → 23 → 25. A growing number of institutions are discovering NANR each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 57% veterans vs 33% newcomers

■ 57% veterans ■ 10% 1-2yr ■ 33% new
Entry-cohort mix of 135 holders: 77 (57%) are 2+ year veterans, 13 entered 1–2 years ago, and 45 (33%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 15% AUM from top-100

15% from top-100 AUM funds
20 of 135 holders rank in the top 100 by AUM, but together hold only 15% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.2
out of 10
Moderate Exit Risk
Exit risk score 4.2/10 — 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 — NANR

In 2026 Q2, 71 hedge funds were net buyers of NANR (25 opened a new position, 46 added to an existing one), while 49 reduced or exited (33 trimmed, 16 sold completely) — a 59% buyer ratio, indicating a slight buying edge. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +9 funds (more new holders than closures). Total institutional holders: 135.

Hedge Fund Ownership: NANR

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

Market Analysis: NANR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NANR

-- --

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

4 top-rated funds 1 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
1.4
/ 10
conviction
Hedge Fund Positioning: NANR
134 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 134 126 6.35%
13F Shares 7M 8M -4.77%
Total Value $565M $649M -12.99%
New Positions 24 23 +1
Increased Positions 46 34 +12
Closed Positions 16 16 -
Reduced Positions 33 39 -6
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NANR

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

134 + investors

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

QUARTER:
Top 25 NANR holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Capital Wealth Management, LLC 6.48% 357,181 $27.0M
2 Cornerstone Planning Group LLC 2.10% 206,378 $16.7M
3 Schmidt P J Investment Management Inc 1.17% 100,006 $7.6M
4 Hollow Brook Wealth Management LLC 0.80% 53,642 $4.0M
5 XML Financial, LLC 0.78% 142,187 $10.7M
6 Financial Freedom, LLC 0.71% 20,479 $1.5M
7 Norris Financial Group, LLC 0.57% 19,032 $1.4M
8 Financial Engines Advisors L.L.C. 0.57% 4,222,651 $318.8M
9 CFS Investment Advisory Services, LLC 0.48% 94,701 $7.2M
10 Fiduciary Alliance LLC 0.37% 72,606 $5.5M
11 Brio Consultants, LLC 0.36% 40,406 $3.1M
12 Rothschild Wealth LLC 0.35% 57,720 $4.4M
13 Private Advisory Group LLC 0.21% 50,415 $3.8M
14 Certified Advisory Corp 0.20% 32,348 $2.4M
15 International Assets Investment Management, LLC 0.13% 28,782 $2.2M
16 Virtue Capital Management, LLC 0.12% 11,605 $876K
17 Per Stirling Capital Management, LLC. 0.09% 12,413 $937K
18 KLCM Advisors, Inc. 0.08% 13,634 $1.0M
19 Armstrong Advisory Group, Inc 0.07% 15,671 $1.2M
20 Copia Wealth Management 0.07% 1,550 $117K
21 Aaron Wealth Advisors LLC 0.06% 16,142 $1.2M
22 Landmark Wealth Management, LLC 0.06% 3,384 $255K
23 Tempus Wealth Planning, LLC 0.05% 3,527 $266K
24 Mezzasalma Advisors, LLC 0.05% 3,177 $240K
25 Savvy Advisors, Inc. 0.04% 26,809 $2.0M
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 — Spdr Index Shs Fds (NANR)

What does the Smart Money Trend signal show for NANR?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added NANR 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 NANR?

Slight buying edge — 59% buying: Last quarter: 71 funds bought or added vs 49 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 NANR holders?

Smaller funds dominant — 15% AUM from top-100: 20 of 135 holders rank in the top 100 by AUM, but together hold only 15% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held NANR?

52% of holders stayed for 2+ years: 70 out of 135 hedge funds have held NANR 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.

Full history →