Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Federated Hermes ETF Trust (PAYR)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +6
Streak
2Q ▲
Buyers last Q
96%

Smart Money Signals — PAYR

Based on 27 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 2Q
For 2 consecutive quarters, more hedge funds added PAYR 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
27 hedge funds hold PAYR right now — the highest count in 0.8 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.
🟢

More buyers than sellers — 96% buying

24 buying1 selling
Last quarter: 24 funds were net buyers (6 opened a brand new position + 18 added to an existing one). Only 1 were sellers (1 trimmed + 0 sold completely). A clear majority buying is a strong confirmation signal.
⚠️

Fewer new buyers each quarter (-7 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 13 → 6. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔄

Mostly new holders — 100% entered in last year

■ 0% conviction (2yr+) ■ 0% medium ■ 100% 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.
🌱

Early stage — 100% of holders entered in last year

■ 0% veterans ■ 0% 1-2yr ■ 100% new
Of 27 current holders: 27 (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 — 19% AUM from top-100

19% from top-100 AUM funds
1 of 27 holders rank in the top 100 by AUM, but together hold only 19% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
5.5
out of 10
Moderate Exit Risk
Exit risk score 5.5/10 — 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 — PAYR

In 2026 Q2, 24 hedge funds were net buyers of PAYR (6 opened a new position, 18 added to an existing one), while 1 reduced or exited (1 trimmed their position) — a 96% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. Net fund flow last quarter: +6 funds (more new holders than closures). Total institutional holders: 27.

Hedge Fund Ownership: PAYR

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

Market Analysis: PAYR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PAYR

-- --

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: PAYR
2026 Q3 Stats Unlock in 4 days 27 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 27 21 28.57%
13F Shares 482K 361K 33.5%
Total Value $24M $18M 32.09%
New Positions 6 13 -7
Increased Positions 18 5 +13
Closed Positions 0 0 -
Reduced Positions 1 2 -1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PAYR

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
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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 Q3)

27 + investors

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

QUARTER:
2026 Q3 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 PAYR holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Focused Alpha, LLC 1.92% 148,292 $7.7M
2 Kingswood Wealth Advisors, LLC 0.21% 106,974 $5.6M
3 Prosperity Financial Group, Inc. 0.21% 13,445 $700K
4 Cherry Creek Investment Advisors, Inc. 0.13% 6,609 $344K
5 Z3 Capital Partners, LLC 0.10% 9,700 $505K
6 Index Technologies Group LLC 0.08% 2,000 $104K
7 Quantum Portfolio Management LLC 0.04% 2,000 $104K
8 Capital Investment Advisory Services, LLC 0.02% 6,452 $338K
9 DAVENPORT & Co LLC 0.02% 66,660 $3.5M
10 D.A. Davidson & CO. 0.01% 43,125 $2.2M
11 First Community Trust NA 0.01% 410 $21K
12 NewEdge Advisors, LLC 0.00% 33,011 $1.7M
13 Concurrent Investment Advisors, LLC 0.00% 12,411 $646K
14 Commonwealth Equity Services, LLC 0.00% 52,381 $2.7M
15 Federated Hermes, INC. 0.00% 47,000 $2.4M
16 Stephens Inc /Ar/ 0.00% 5,600 $291K
17 Prime Capital Investment Advisors, LLC 0.00% 4,908 $255K
18 Pinnacle Financial Partners, Inc. 0.00% 5,879 $306K
19 Sanctuary Advisors, LLC 0.00% 7,550 $393K
20 Wealth Enhancement Advisory Services, LLC 0.00% 20,301 $1.1M
21 Truist Financial Corp 0.00% 23,475 $1.2M
22 Kestra Advisory Services, LLC 0.00% 8,848 $461K
23 Mml Investors Services, LLC 0.00% 8,143 $424K
24 Osaic Holdings, INC. 0.00% 17,853 $929K
25 LPL Financial LLC 0.00% 32,445 $1.7M
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 — Federated Hermes ETF Trust (PAYR)

What does the Smart Money Trend signal show for PAYR?

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

More buyers than sellers — 96% buying: Last quarter: 24 funds were net buyers (6 opened a brand new position + 18 added to an existing one). Only 1 were sellers (1 trimmed + 0 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for PAYR holders?

Smaller funds dominant — 19% AUM from top-100: 1 of 27 holders rank in the top 100 by AUM, but together hold only 19% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held PAYR?

Mostly new holders — 100% 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.

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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