Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Pgim ETF Tr (PAAA)

226 + Investors. Track Smart Money conviction in PAAA. 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
↑ +30
Streak
11Q ▲
Buyers last Q
68%

Smart Money Signals — PAAA

Based on 228 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q
For 11 consecutive quarters, more hedge funds added PAAA 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
228 hedge funds hold PAAA 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 — +87% more funds vs a year ago

fund count last 6Q
+106 new funds entered over the past year (+87% 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.
🟢

More buyers than sellers — 68% buying

163 buying78 selling
Last quarter: 163 funds were net buyers (56 opened a brand new position + 107 added to an existing one). Only 78 were sellers (52 trimmed + 26 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+15 vs last Q)

new funds entering per quarter
Funds opening a new PAAA position: 41 → 42 → 41 → 56. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 46% entered in last year

5% conviction (2yr+) 49% medium 46% new
Only 12 funds (5%) 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

50 → 41 → 42 → 41 → 56 new funds/Q
New funds entering each quarter: 41 → 42 → 41 → 56. A growing number of institutions are discovering PAAA each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🌱

Early stage — 71% of holders entered in last year

4% veterans 25% 1-2yr 71% new
Of 228 current holders: 162 (71%) entered in the past year, only 10 (4%) 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.

Strong quality — 29% AUM from major funds

29% from top-100 AUM funds
17 of 228 holders rank in the top 100 by AUM, accounting for 29% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
5.0
out of 10
Moderate Exit Risk
Exit risk score 5.0/10 — 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 — PAAA

In 2026 Q1, 163 hedge funds were net buyers of PAAA (56 opened a new position, 107 added to an existing one), while 78 reduced or exited (52 trimmed, 26 sold completely) — a 68% buyer ratio, indicating clear institutional accumulation. This marks 11 consecutive quarters of net institutional buying — a persistent conviction signal. 29% of total institutional value in PAAA is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +30 funds (more new holders than closures). Total institutional holders: 228.

Hedge Fund Ownership: PAAA

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

Market Analysis: PAAA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PAAA

-- --

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

Is It Too Late to Buy Pgim ETF Tr (PAAA) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PAAA 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 · 80d ago
PAAA
+0.5%
SPY
+13.9%

PAAA outperformed SPY by -13.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 35d ago
PAAA
+0.4%
SPY
+0.2%

Since the filing became public, PAAA outperformed SPY by +0.2% .

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.

6 top-rated funds 10 high-conviction
Consensus
3.7
/ 10
breadth
×
Elite
4.0
/ 10
conviction
Hedge Fund Positioning: PAAA
226 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 226 198 14.14%
13F Shares 121M 90M 34.97%
Total Value $6.08B $4.56B 33.36%
New Positions 55 41 +14
Increased Positions 106 93 +13
Closed Positions 27 18 +9
Reduced Positions 52 48 +4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PAAA

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Institutional Holders (2026 Q1)

226 + investors

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

QUARTER:
Top 25 PAAA holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Corebridge Financial, Inc. 18.88% 4,011,314 $206.0M
2 Pine Harbor Wealth Management, LLC 11.34% 740,429 $37.9M
3 Potentia Wealth 8.69% 439,923 $22.5M
4 Main Street Group, LTD 6.87% 457,211 $23.4M
5 Indie Asset Partners, LLC 6.43% 110,259 $5.6M
6 Allianz Se 6.02% 10,604,500 $542.7M
7 Norden Group LLC 5.95% 1,210,899 $62.0M
8 Basso Capital Management, L.P. 5.32% 169,943 $8.7M
9 Tanglewood Legacy Advisors, LLC 4.14% 223,556 $11.4M
10 Ballast Rock Private Wealth LLC 3.91% 137,407 $7.1M
11 Entelevest, LLC 3.12% 60,903 $3.1M
12 Addison Capital Co 2.99% 327,947 $16.8M
13 Prudential Financial Inc 2.79% 44,277,722 $2.27B
14 Hartford Financial Management Inc. 2.53% 194,021 $9.9M
15 Toews Corp /Adv 2.52% 127,430 $6.5M
16 K2 Financial Inc. 2.23% 59,765 $3.1M
17 Triton Wealth Management, PLLC 2.09% 109,797 $5.6M
18 WNY Asset Management, LLC 1.71% 322,914 $16.5M
19 Fiduciary Group, LLC 1.63% 371,793 $19.0M
20 Evergreen Wealth Partners LLC 1.61% 41,077 $2.1M
21 Asset Allocation Strategies LLC 1.58% 174,110 $8.9M
22 Independent Financial Group, LLC 1.47% 956,823 $49.0M
23 Foguth Wealth Management, LLC. 1.36% 227,375 $11.7M
24 Cooper Capital Advisors LLC 1.36% 37,941 $1.9M
25 Able Wealth Management LLC 1.21% 88,500 $4.5M
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 — Pgim ETF Tr (PAAA)

What does the Smart Money Trend signal show for PAAA?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added PAAA 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 PAAA?

More buyers than sellers — 68% buying: Last quarter: 163 funds were net buyers (56 opened a brand new position + 107 added to an existing one). Only 78 were sellers (52 trimmed + 26 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for PAAA holders?

Strong quality — 29% AUM from major funds: 17 of 228 holders rank in the top 100 by AUM, accounting for 29% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held PAAA?

Mostly new holders — 46% entered in last year: Only 12 funds (5%) 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.

Is it too late to buy Pgim ETF Tr (PAAA) following the 2026 Q1 hedge fund 13F filings?

As of today, PAAA has moved +0.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of +0.2%. Since the quarter end (March 31, 2026), PAAA has gained +0.5% vs +13.9% 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.

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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