Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

First Tr Exchng Traded Fd VI (NOVM)

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

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
1Q ▼
Buyers last Q
50%

Smart Money Signals — NOVM

Based on 31 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their NOVM 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 — 94% of 1.8Y peak

94% of all-time peak
31 funds currently hold this stock — 94% of the 1.8-year high of 33 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +29% more funds vs a year ago

fund count last 6Q
+7 new funds entered over the past year (+29% 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. The peak was reached in just 4 quarters from the low — a sharp move.
🟡

Slight buying edge — 50% buying

10 buying10 selling
Last quarter: 10 funds bought or added vs 10 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 — ~4 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 5 → 12 → 3 → 4. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 45% entered in last year

■ 0% conviction (2yr+) ■ 55% medium ■ 45% 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

2 → 5 → 12 → 3 → 4 new funds/Q
New funds entering each quarter: 5 → 12 → 3 → 4. 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 — 55% of holders entered in last year

■ 0% veterans ■ 45% 1-2yr ■ 55% new
Of 31 current holders: 17 (55%) 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 — 6% AUM from top-100

6% from top-100 AUM funds
1 of 31 holders rank in the top 100 by AUM, but together hold only 6% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.1
out of 10
Moderate Exit Risk
Exit risk score 4.1/10 — 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 — NOVM

In 2026 Q2, 10 hedge funds were net buyers of NOVM (4 opened a new position, 6 added to an existing one), while 10 reduced or exited (4 trimmed, 6 sold completely) — a 50% buyer ratio, indicating a slight buying edge. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 31.

Hedge Fund Ownership: NOVM

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

Market Analysis: NOVM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NOVM

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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.

0 top-rated funds 0 high-conviction
Consensus
0.0
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: NOVM
31 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 31 33 -6.06%
13F Shares 467K 458K 1.84%
Total Value $14M $13M 3.87%
New Positions 4 3 +1
Increased Positions 6 5 +1
Closed Positions 6 3 +3
Reduced Positions 4 8 -4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NOVM

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Institutional Holders (2026 Q2)

31 + investors

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

QUARTER:
Top 25 NOVM holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Capasso Planning Partners LLC 0.20% 12,055 $407K
2 Clear Creek Financial Management, LLC 0.19% 86,897 $2.9M
3 Madrona Financial Services, LLC 0.12% 19,749 $666K
4 Prasad Wealth Partners, LLC 0.06% 7,025 $237K
5 Glen Eagle Advisors, LLC 0.05% 12,681 $428K
6 Regatta Research & Money Management 0.04% 1,230 $41K
7 PKS Advisory Services, LLC 0.03% 5,980 $202K
8 Buck Wealth Strategies, LLC 0.03% 7,180 $242K
9 Victory Financial Group, LLC 0.03% 7,127 $240K
10 Gallagher Fiduciary Advisors, LLC 0.02% 15,855 $535K
11 Ameritas Advisory Services, LLC 0.01% 15,320 $517K
12 Geneos Wealth Management Inc. 0.01% 11,980 $404K
13 Integrity Financial Corp /WA 0.01% 458 $15K
14 Old Mission Capital LLC 0.01% 11,965 $404K
15 Triumph Capital Management 0.00% 750 $25K
16 Bernard Wealth Management Corp. 0.00% 305 $10K
17 Waverly Advisors, LLC 0.00% 18,910 $638K
18 DHJJ Financial Advisors, Ltd. 0.00% 265 $9K
19 AE Wealth Management LLC 0.00% 11,264 $380K
20 Capital Investment Advisory Services, LLC 0.00% 800 $27K
21 Cetera Investment Advisers 0.00% 51,381 $1.7M
22 Commonwealth Equity Services, LLC 0.00% 27,962 $943K
23 Kestra Advisory Services, LLC 0.00% 8,653 $292K
24 Truist Financial Corp 0.00% 13,949 $470K
25 Harbour Investments, INC. 0.00% 1,226 $41K
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 Exchng Traded Fd VI (NOVM)

What does the Smart Money Trend signal show for NOVM?

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

Slight buying edge — 50% buying: Last quarter: 10 funds bought or added vs 10 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 NOVM holders?

Smaller funds dominant — 6% AUM from top-100: 1 of 31 holders rank in the top 100 by AUM, but together hold only 6% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held NOVM?

Mostly new holders — 45% 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.

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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