Flexshares Tr (NFRA): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Flexshares Tr (NFRA) following the 2026 Q1 hedge fund 13F filings?

As of today, NFRA has moved +2.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of +0.0%. Since the quarter end (March 31, 2026), NFRA gained +3.3% vs +15.9% 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.

Flexshares Tr (NFRA)

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

Smart Money Signals — NFRA

Based on 130 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 NFRA 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

130 hedge funds hold NFRA 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 — +7% more funds vs a year ago

fund count last 6Q

+9 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.

🟡

Slight buying edge — 51% buying

52 buying50 selling

Last quarter: 52 funds bought or added vs 50 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 — ~21 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 14 → 17 → 18 → 21. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

58% of holders stayed for 2+ years

■ 58% conviction (2yr+) ■ 22% medium ■ 21% new

75 out of 130 hedge funds have held NFRA 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

23 → 14 → 17 → 18 → 21 new funds/Q

New funds entering each quarter: 14 → 17 → 18 → 21. A growing number of institutions are discovering NFRA each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Deep conviction — 62% of holders stayed 2+ years

■ 62% veterans ■ 13% 1-2yr ■ 25% new

Of 130 current holders: 80 (62%) 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 — 85% AUM from top-100 funds

85% from top-100 AUM funds

16 of 130 holders are among the 100 largest funds by AUM, controlling 85% of total institutional value in NFRA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

3.6

out of 10

Low Exit Risk

Exit risk score 3.6/10 — 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 (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	130	120	8.33%
13F Shares	41M	43M	-4.64%
Total Value	$2.59B	$2.57B	0.41%
New Positions	21	18	+3
Increased Positions	31	44	-13
Closed Positions	11	18	-7
Reduced Positions	39	27	+12
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

130

120

8.33%

13F Shares

41M

43M

-4.64%

Total Value

$2.59B

$2.57B

0.41%

New Positions

Increased Positions

-13

Closed Positions

-7

Reduced Positions

+12

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

130 + investors

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

QUARTER:

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

Top 25 NFRA holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Capstone Financial Advisors, Inc.	7.93%	2,304,218	$147.4M
2	Alaska Wealth Advisors, LLC	6.23%	811,403	$51.9M
3	Alaska Permanent Capital Management, LLC	5.94%	1,337,142	$84.7M
4	United Bank	3.91%	183,778	$11.8M
5	Cornerstone National Bank & Trust Co	2.77%	117,596	$7.5M
6	Austin Wealth Management, LLC	1.50%	103,055	$6.6M
7	Boltwood Capital Management	1.36%	83,619	$5.3M
8	Steph & Co	1.16%	63,688	$4.1M
9	Certuity, LLC	1.14%	271,415	$17.4M
10	Entrewealth, LLC	1.12%	38,930	$2.5M
11	Missouri Trust & Investment Co	0.98%	52,418	$3.4M
12	Valued Retirements, Inc.	0.60%	9,623	$615K
13	Nbt Bank N A /Ny	0.48%	113,705	$7.3M
14	ORBA Wealth Advisors, L.L.C.	0.36%	4,700	$301K
15	Brio Consultants, LLC	0.32%	39,941	$2.6M
16	Endowment Wealth Management, Inc.	0.28%	9,890	$632K
17	Wealth Architects, LLC	0.26%	44,868	$2.9M
18	VestGen Investment Management	0.24%	6,685	$428K
19	Trace Wealth Advisors, LLC	0.21%	4,421	$283K
20	Seven Mile Advisory	0.19%	4,210	$269K
21	REDW Wealth LLC	0.18%	7,199	$460K
22	Altfest L J & Co Inc	0.16%	23,639	$1.5M
23	TRB Wealth Management, LLC	0.15%	16,998	$1.1M
24	Rossby Financial, LCC	0.15%	11,138	$712K
25	Fiducient Advisors LLC	0.14%	16,821	$1.1M

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 — Flexshares Tr (NFRA)

What does the Smart Money Trend signal show for NFRA?

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

Slight buying edge — 51% buying: Last quarter: 52 funds bought or added vs 50 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 NFRA holders?

Elite ownership — 85% AUM from top-100 funds: 16 of 130 holders are among the 100 largest funds by AUM, controlling 85% of total institutional value in NFRA. 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 NFRA?

58% of holders stayed for 2+ years: 75 out of 130 hedge funds have held NFRA 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.

Is it too late to buy Flexshares Tr (NFRA) following the 2026 Q1 hedge fund 13F filings?

As of today, NFRA has moved +2.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of +0.0%. Since the quarter end (March 31, 2026), NFRA has gained +3.3% vs +15.9% 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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Flexshares Tr (NFRA)

Smart Money Signals — NFRA

Buying streak — 1 quarter in a row

At the ownership peak (100% of max)

Steady growth — +7% more funds vs a year ago

Slight buying edge — 51% buying

Steady new buyers — ~21 new funds per quarter

58% of holders stayed for 2+ years

Growing discovery — still being found

Deep conviction — 62% of holders stayed 2+ years

Elite ownership — 85% AUM from top-100 funds

Institutional Sentiment Summary — NFRA

Hedge Fund Ownership: NFRA

Market Analysis: NFRA

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: NFRA

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

Hedge Fund Positioning: NFRA

Statistics: NFRA

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Flexshares Tr (NFRA)

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