Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Listed Fds Tr (OVL)

36 + Investors. Track Smart Money conviction in OVL. 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
51%

Smart Money Signals — OVL

Based on 36 hedge funds · latest filing: 2026 Q1 · updated quarterly

➡️

No change last quarter

last 6Q
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.
🏔️

At the ownership peak (97% of max)

97% of all-time peak
36 hedge funds hold OVL 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.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding OVL is almost the same as a year ago (+0 funds, +0% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 51% buying

19 buying18 selling
Last quarter: 19 funds bought or added vs 18 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 — ~6 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 6 → 7 → 4 → 6. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

42% of holders stayed for 2+ years

■ 42% conviction (2yr+) ■ 39% medium ■ 19% new
15 out of 36 hedge funds have held OVL 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.
📊

Peak discovery — momentum slowing

9 → 6 → 7 → 4 → 6 new funds/Q
New funds entering each quarter: 6 → 7 → 4 → 6. OVL is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 42% veterans vs 33% newcomers

■ 42% veterans ■ 25% 1-2yr ■ 33% new
Entry-cohort mix of 36 holders: 15 (42%) are 2+ year veterans, 9 entered 1–2 years ago, and 12 (33%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 11% AUM from top-100

11% from top-100 AUM funds
6 of 36 holders rank in the top 100 by AUM, but together hold only 11% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — 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.

Institutional Sentiment Summary — OVL

In 2026 Q1, 19 hedge funds were net buyers of OVL (6 opened a new position, 13 added to an existing one), while 18 reduced or exited (12 trimmed, 6 sold completely) — a 51% buyer ratio, indicating a slight buying edge. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 36.

Hedge Fund Ownership: OVL

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

Market Analysis: OVL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: OVL

-- --

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

Is It Too Late to Buy Listed Fds Tr (OVL) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much OVL 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 · 87d ago
OVL
+10.2%
SPY
+13.0%

OVL outperformed SPY by -2.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 42d ago
OVL
-1.8%
SPY
-0.5%

Since the filing became public, OVL outperformed SPY by -1.3% .

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.

2 top-rated funds 1 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
1.4
/ 10
conviction
Hedge Fund Positioning: OVL
36 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 36 36 -
13F Shares 3M 3M 8.87%
Total Value $165M $144M 14.85%
New Positions 6 4 +2
Increased Positions 13 8 +5
Closed Positions 6 5 +1
Reduced Positions 12 22 -10
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: OVL

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Financial Highlights

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Institutional Holders (2026 Q1)

36 + investors

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

QUARTER:
Top 25 OVL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Bison Wealth, LLC 11.09% 2,004,976 $114.9M
2 Evolution Wealth Management INC. 1.55% 42,043 $2.1M
3 Johnson & White Wealth Management, LLC 0.75% 35,063 $1.8M
4 Luminist Capital LLC 0.56% 8,352 $420K
5 Elevation Advisory Partners LLC 0.31% 6,156 $336K
6 Oasis Advisors, LLC 0.30% 10,573 $563K
7 Legacy Private Trust Co. 0.27% 86,193 $4.3M
8 QTR Family Wealth, LLC 0.10% 4,557 $245K
9 REAP Financial Group, LLC 0.10% 9,957 $501K
10 Smartleaf Asset Management LLC 0.06% 35,611 $1.7M
11 Nbc Securities, INC. 0.05% 12,435 $625K
12 Shelton Capital Management 0.03% 27,131 $1.4M
13 Apollon Wealth Management, LLC 0.03% 34,450 $1.7M
14 Waterloo Capital, L.P. 0.03% 7,810 $393K
15 Gts Securities LLC 0.01% 7,803 $392K
16 Nicolet Bankshares Inc 0.01% 7,200 $362K
17 Brooklyn Investment Group 0.01% 8,237 $414K
18 Old Mission Capital LLC 0.01% 14,842 $747K
19 Noble Wealth Management PBC 0.01% 400 $20K
20 Private Advisor Group, LLC 0.01% 35,611 $1.8M
21 Beaird Harris Wealth Management, LLC 0.01% 2,219 $112K
22 RiverFront Investment Group, LLC 0.01% 6,577 $331K
23 Equitable Holdings, Inc. 0.00% 13,304 $708K
24 Modera Wealth Management, LLC 0.00% 7,066 $355K
25 Envestnet Asset Management Inc 0.00% 282,861 $14.2M
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 — Listed Fds Tr (OVL)

What does the Smart Money Trend signal show for OVL?

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 OVL?

Slight buying edge — 51% buying: Last quarter: 19 funds bought or added vs 18 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 OVL holders?

Smaller funds dominant — 11% AUM from top-100: 6 of 36 holders rank in the top 100 by AUM, but together hold only 11% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held OVL?

42% of holders stayed for 2+ years: 15 out of 36 hedge funds have held OVL 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 Listed Fds Tr (OVL) following the 2026 Q1 hedge fund 13F filings?

As of today, OVL has moved -1.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to -0.5% for the SPY sector ETF — an outperformance of -1.3%. Since the quarter end (March 31, 2026), OVL has gained +10.2% vs +13.0% 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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