Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

GLOBAL X FDS (PAVE)

639 + 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
↑ +60
Streak
3Q ▲
Buyers last Q
63%

Smart Money Signals — PAVE

Based on 638 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 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
638 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.
📶

Steady growth — +15% more funds vs a year ago

fund count last 6Q
+85 new funds entered over the past year (+15% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 63% buying

342 buying203 selling
Last quarter: 342 funds were net buyers (99 opened a brand new position + 243 added to an existing one). Only 203 were sellers (164 trimmed + 39 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+39 vs last Q)

new funds entering per quarter
Funds opening a new PAVE position: 59 → 75 → 60 → 99. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

51% of holders stayed for 2+ years

■ 51% conviction (2yr+) ■ 27% medium ■ 22% new
326 out of 638 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.
📈

Growing discovery — still being found

89 → 59 → 75 → 60 → 99 new funds/Q
New funds entering each quarter: 59 → 75 → 60 → 99. A growing number of institutions are discovering PAVE each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 53% of holders stayed 2+ years

■ 53% veterans ■ 17% 1-2yr ■ 30% new
Of 639 current holders: 341 (53%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 30% AUM from major funds

30% from top-100 AUM funds
22 of 638 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — 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.

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

-- --
Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

45 top-rated funds 14 high-conviction
Consensus
7.2
/ 10
breadth
×
Elite
4.1
/ 10
conviction
Hedge Fund Positioning: PAVE
2026 Q1 Stats Unlock in 21 days 639 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 639 580 10.17%
13F Shares 140M 131M 6.91%
Total Value $13.70B $13.23B 3.53%
New Positions 99 60 +39
Increased Positions 244 226 +18
Closed Positions 39 50 -11
Reduced Positions 166 178 -12
Total Calls 3 3 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 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

Profitability
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Institutional Holders (2026 Q1)

639 + investors

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

Top 25 institutional holders of PAVE — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Moss Adams Wealth Advisors LLC 6.75% 1,816,958 $92.3M
2 Sage Capital Management, LLC 5.04% 211,277 $10.7M
3 WASHINGTON GROWTH STRATEGIES LLC 4.21% 126,737 $6.4M
4 RETIREMENT PLANNING GROUP, LLC / NY 3.88% 118,537 $6.0M
5 PMG Wealth Management, Inc. 3.50% 95,387 $4.8M
6 MFA WEALTH ADVISORS, LLC 3.36% 335,872 $17.1M
7 WAYSTONE ADVISORS LLC 3.20% 70,507 $3.6M
8 Clarus Group, Inc. 3.14% 172,227 $8.8M
9 Lake Hills Wealth Management, LLC 3.10% 109,212 $5.5M
10 Cooper Financial Group 2.83% 551,407 $28.0M
11 Eagle Strategies LLC 2.39% 393,120 $20.0M
12 Capital Asset Advisory Services LLC 2.09% 983,958 $54.6M
13 Deane Retirement Strategies, Inc. 2.03% 99,448 $5.0M
14 Teamwork Financial Advisors, LLC 1.93% 359,306 $18.3M
15 Investors Research Corp 1.88% 193,855 $9.8M
16 MRA Advisory Group 1.84% 88,760 $4.5M
17 APS Management Group, Inc. 1.52% 35,060 $1.8M
18 WT Wealth Management 1.52% 100,857 $5.1M
19 BYRNE FINANCIAL FREEDOM, LLC 1.44% 59,279 $3.0M
20 Cordoba Advisory Partners LLC 1.41% 100,776 $5.1M
21 ALTFEST L J & CO INC 1.39% 255,977 $13.0M
22 Aspire Capital Advisors LLC 1.37% 119,783 $6.1M
23 American Institute for Advanced Investment Management, LLP 1.33% 40,474 $2.1M
24 Breachway Investments LLC 1.29% 25,969 $1.3M
25 Financial Partners Group, Inc 1.12% 184,555 $9.4M
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 — 3 quarters in a row: For 3 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 — 63% buying: Last quarter: 342 funds were net buyers (99 opened a brand new position + 243 added to an existing one). Only 203 were sellers (164 trimmed + 39 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for PAVE holders?

Strong quality — 30% AUM from major funds: 22 of 638 holders rank in the top 100 by AUM, accounting for 30% 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?

51% of holders stayed for 2+ years: 326 out of 638 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.

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.