Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Global X Fds (PAVE)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +58
Streak
4Q ▲
Buyers last Q
61%

Smart Money Signals — PAVE

Based on 731 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added PAVE 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
731 hedge funds hold PAVE 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 — +28% more funds vs a year ago

fund count last 6Q
+158 new funds entered over the past year (+28% 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 — 61% buying

421 buying267 selling
Last quarter: 421 funds were net buyers (114 opened a brand new position + 307 added to an existing one). Only 267 were sellers (211 trimmed + 56 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~114 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 84 → 64 → 109 → 114. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

50% of holders stayed for 2+ years

■ 50% conviction (2yr+) ■ 24% medium ■ 26% new
365 out of 731 hedge funds have held PAVE 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.
🚀

Acceleration phase — new buyers rushing in

60 → 84 → 64 → 109 → 114 new funds/Q
New funds entering each quarter: 84 → 64 → 109 → 114. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 53% veterans vs 30% newcomers

■ 53% veterans ■ 18% 1-2yr ■ 30% new
Entry-cohort mix of 736 holders: 388 (53%) are 2+ year veterans, 129 entered 1–2 years ago, and 219 (30%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 31% AUM from major funds

31% from top-100 AUM funds
31 of 729 holders rank in the top 100 by AUM, accounting for 31% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — 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 — PAVE

In 2026 Q1, 421 hedge funds were net buyers of PAVE (114 opened a new position, 307 added to an existing one), while 267 reduced or exited (211 trimmed, 56 sold completely) — a 61% buyer ratio, indicating clear institutional accumulation. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 31% of total institutional value in PAVE is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +58 funds (more new holders than closures). Total institutional holders: 731.

Hedge Fund Ownership: PAVE

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

Market Analysis: PAVE

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PAVE

-- --

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

Is It Too Late to Buy Global X Fds (PAVE) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PAVE 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
PAVE
+14.1%
SPY
+13.9%

PAVE outperformed SPY by +0.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 35d ago
PAVE
+4.6%
SPY
+0.2%

Since the filing became public, PAVE outperformed SPY by +4.4% .

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.

32 top-rated funds 17 high-conviction
Consensus
6.6
/ 10
breadth
×
Elite
4.2
/ 10
conviction
Hedge Fund Positioning: PAVE
722 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 722 673 7.28%
13F Shares 156M 147M 5.84%
Total Value $14.32B $13.77B 3.99%
New Positions 109 109 -
Increased Positions 305 250 +55
Closed Positions 60 44 +16
Reduced Positions 208 169 +39
Total Calls 5 3 66.67%
Total Puts 2 0 100%
PUT/CALL Ratio 0.4 0.0 Bullish

Statistics: PAVE

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

722 + investors

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

QUARTER:
Top 25 PAVE holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Provident Co of the Employees of the Hebrew University LTD 8.33% 103,955 $5.3M
2 Moss Adams Wealth Advisors LLC 6.75% 1,816,958 $92.3M
3 Guilbault Capital LLC 6.42% 115,273 $5.9M
4 Yahav Achim Ve Achayot - Provident Funds Management Co Ltd. 5.93% 62,840 $3.2M
5 360 Financial, Inc. 5.76% 375,953 $19.1M
6 Waddell & Associates, LLC 5.64% 1,968,466 $100.0M
7 Thryve Wealth Management LLC 5.53% 162,940 $8.3M
8 Symphony Financial Services, Inc. 5.44% 208,658 $10.6M
9 Sage Capital Management, LLC 5.04% 211,277 $10.7M
10 Washington Growth Strategies LLC 4.21% 126,737 $6.4M
11 Copley Financial Group, Inc. 4.06% 132,333 $6.7M
12 Chicago Wealth Management, Inc. 3.96% 195,365 $9.9M
13 Adapt Wealth Advisors, LLC 3.91% 212,367 $10.8M
14 Retirement Planning Group, LLC / Ny 3.88% 118,537 $6.0M
15 PMG Wealth Management, Inc. 3.50% 95,387 $4.8M
16 5th Street Advisors, LLC 3.47% 158,430 $8.0M
17 Riggs Asset Managment Co. Inc. 3.41% 325,811 $16.6M
18 Mfa Wealth Advisors, LLC 3.36% 335,872 $17.1M
19 Waystone Advisors LLC 3.20% 70,507 $3.6M
20 Evolution Wealth Advisors, LLC 3.14% 606,022 $30.8M
21 Clarus Group, Inc. 3.14% 172,227 $8.8M
22 Lake Hills Wealth Management, LLC 3.10% 109,212 $5.5M
23 Cooper Financial Group 2.83% 551,407 $28.0M
24 Paladin Advisory Group, LLC 2.72% 70,397 $3.6M
25 Lane Brothers & Co Inc 2.56% 69,248 $3.5M
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 — Global X Fds (PAVE)

What does the Smart Money Trend signal show for PAVE?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added PAVE 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 PAVE?

More buyers than sellers — 61% buying: Last quarter: 421 funds were net buyers (114 opened a brand new position + 307 added to an existing one). Only 267 were sellers (211 trimmed + 56 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for PAVE holders?

Strong quality — 31% AUM from major funds: 31 of 729 holders rank in the top 100 by AUM, accounting for 31% 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 PAVE?

50% of holders stayed for 2+ years: 365 out of 731 hedge funds have held PAVE 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 Global X Fds (PAVE) following the 2026 Q1 hedge fund 13F filings?

As of today, PAVE has moved +4.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of +4.4%. Since the quarter end (March 31, 2026), PAVE has gained +14.1% 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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