FIRST TR EXCHNG TRADED FD VI (NOVM): Hedge Fund Ownership & Smart Money Signals (Q4 2025)

FIRST TR EXCHNG TRADED FD VI (NOVM)

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

Smart Money Signals — NOVM

Based on 31 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 4Q

For 2 consecutive quarters, more hedge funds added NOVM 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

31 hedge funds hold NOVM right now — the highest count in 1.2 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 — +48% more funds vs a year ago

fund count last 5Q

+10 new funds entered over the past year (+48% 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.

🟢

More buyers than sellers — 66% buying

19 buying10 selling

Last quarter: 19 funds were net buyers (11 opened a brand new position + 8 added to an existing one). Only 10 were sellers (5 trimmed + 5 sold completely). A clear majority buying is a strong confirmation signal.

📈

More new buyers each quarter (+7 vs last Q)

new funds entering per quarter

Funds opening a new NOVM position: 9 → 2 → 4 → 11. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

🔄

Mostly new holders — 52% entered in last year

■ 0% conviction (2yr+) ■ 48% medium ■ 52% 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.

📈

Growing discovery — still being found

9 → 2 → 4 → 11 new funds/Q

New funds entering each quarter: 9 → 2 → 4 → 11. A growing number of institutions are discovering NOVM each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🌱

Early stage — 100% of holders entered in last year

■ 0% veterans ■ 0% 1-2yr ■ 100% new

Of 31 current holders: 31 (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 — 7% AUM from top-100

7% from top-100 AUM funds

1 of 31 holders rank in the top 100 by AUM, but together hold only 7% 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.

Metric	All 13F Filers (2025 Q4)	Prior (2025 Q3)	Change
Funds Holding	31	25	24.0%
13F Shares	442K	347K	27.49%
Total Value	$15M	$11M	30.26%
New Positions	11	4	+7
Increased Positions	8	5	+3
Closed Positions	5	3	+2
Reduced Positions	5	5	-
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2025 Q4)

Prior (2025 Q3)

Change

Funds Holding

24.0%

13F Shares

442K

347K

27.49%

Total Value

$15M

$11M

30.26%

New Positions

Increased Positions

Closed Positions

Reduced Positions

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

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.

FILTER:All New Added To Reduced No Change | Overweight >5% | SHOW: Active managers + show index funds

Top 10 institutional holders of NOVM — 2025 Q4 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Clear Creek Financial Management, LLC	0.22%	87,447	$2.9M
2	Madrona Financial Services, LLC	0.14%	19,749	$646K
3	Prasad Wealth Partners, LLC	0.07%	7,625	$249K
4	Baer Investment Advisory LLC	0.03%	7,127	$233K
5	VICTORY FINANCIAL GROUP, LLC	0.03%	7,127	$233K
6	PARK AVENUE SECURITIES LLC	0.01%	49,115	$2K
7	DHJJ Financial Advisors, Ltd.	0.00%	265	$9K
8	COMMONWEALTH EQUITY SERVICES, LLC	0.00%	27,962	$915K
9	Kestra Advisory Services, LLC	0.00%	8,653	$283K
10	TRUIST FINANCIAL CORP	0.00%	12,702	$416K

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?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added NOVM 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 NOVM?

More buyers than sellers — 66% buying: Last quarter: 19 funds were net buyers (11 opened a brand new position + 8 added to an existing one). Only 10 were sellers (5 trimmed + 5 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for NOVM holders?

Smaller funds dominant — 7% AUM from top-100: 1 of 31 holders rank in the top 100 by AUM, but together hold only 7% 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 — 52% 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.

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FIRST TR EXCHNG TRADED FD VI (NOVM)

Smart Money Signals — NOVM

Buying streak — 2 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +48% more funds vs a year ago

More buyers than sellers — 66% buying

More new buyers each quarter (+7 vs last Q)

Mostly new holders — 52% entered in last year

Growing discovery — still being found

Early stage — 100% of holders entered in last year

Smaller funds dominant — 7% AUM from top-100

Hedge Fund Ownership: NOVM

Market Analysis: NOVM

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: NOVM

Hedge Fund Positioning: NOVM

Statistics: NOVM

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — FIRST TR EXCHNG TRADED FD VI (NOVM)

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