Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Pgim Rock ETF Tr (PBJA)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +9
Streak
2Q ▲
Buyers last Q
91%

Smart Money Signals — PBJA

Based on 23 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added PBJA 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
23 hedge funds hold PBJA right now — the highest count in 2.0 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 — +109% more funds vs a year ago

fund count last 6Q
+12 new funds entered over the past year (+109% 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 — 91% buying

20 buying2 selling
Last quarter: 20 funds were net buyers (9 opened a brand new position + 11 added to an existing one). Only 2 were sellers (2 trimmed + 0 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+6 vs last Q)

new funds entering per quarter
Funds opening a new PBJA position: 3 → 1 → 3 → 9. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 52% entered in last year

■ 0% conviction (2yr+) ■ 48% medium ■ 52% 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.
➡️

Steady discovery — ~9 new funds/quarter

7 → 3 → 1 → 3 → 9 new funds/Q
New funds entering each quarter: 3 → 1 → 3 → 9. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱

Early stage — 78% of holders entered in last year

■ 0% veterans ■ 22% 1-2yr ■ 78% new
Of 23 current holders: 18 (78%) 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 — 1% AUM from top-100

1% from top-100 AUM funds
4 of 23 holders rank in the top 100 by AUM, but together hold only 1% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
5.3
out of 10
Moderate Exit Risk
Exit risk score 5.3/10 — 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 — PBJA

In 2026 Q1, 20 hedge funds were net buyers of PBJA (9 opened a new position, 11 added to an existing one), while 2 reduced or exited (2 trimmed their position) — a 91% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. Net fund flow last quarter: +9 funds (more new holders than closures). Total institutional holders: 23.

Hedge Fund Ownership: PBJA

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

Market Analysis: PBJA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PBJA

-- --

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

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

Signal Freshness measures how much PBJA 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 · 79d ago
PBJA
+5.6%
SPY
+13.9%

PBJA outperformed SPY by -8.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
PBJA
+0.6%
SPY
+0.2%

Since the filing became public, PBJA outperformed SPY by +0.4% .

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.

1 top-rated funds 1 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
1.8
/ 10
conviction
Hedge Fund Positioning: PBJA
23 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 23 14 64.29%
13F Shares 2M 972K 71.16%
Total Value $51M $30M 68.64%
New Positions 9 3 +6
Increased Positions 11 6 +5
Closed Positions 0 2 -2
Reduced Positions 2 4 -2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PBJA

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

23 + investors

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

QUARTER:
Top 23 PBJA holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 American Asset Management INC. 3.87% 146,733 $4.5M
2 Compass Advisory Group LLC 2.49% 305,732 $9.3M
3 Long Island Wealth Management, Inc. 2.30% 163,247 $5.0M
4 Blue Water Asset Management 1.68% 159,830 $4.9M
5 LeClair Wealth Partners LLC 1.68% 159,830 $4.9M
6 Jim Saulnier & Associates, LLC 1.33% 90,157 $2.7M
7 Centaurus Financial, INC. 0.10% 71,466 $2.2M
8 Spire Wealth Management 0.08% 80,906 $2.5M
9 DHJJ Financial Advisors, Ltd. 0.05% 5,405 $164K
10 Kintra Wealth, LLC 0.02% 8,712 $265K
11 Prudential Financial Inc 0.01% 285,193 $8.7M
12 Commonwealth Equity Services, LLC 0.00% 111,201 $3.4M
13 Kestra Private Wealth Services, LLC 0.00% 11,417 $347K
14 Kestra Advisory Services, LLC 0.00% 29,062 $884K
15 Nbc Securities, INC. 0.00% 805 $24K
16 St Germain D J Co Inc 0.00% 576 $18K
17 Advisory Services Network, LLC 0.00% 1,690 $51K
18 Cetera Investment Advisers 0.00% 12,641 $385K
19 Raymond James Financial Inc 0.00% 6,827 $208K
20 Susquehanna International Group, LLP 0.00% 11,679 $355K
21 PNC Financial Services Group, INC. 0.00% 507 $15K
22 Royal Bank of Canada 0.00% 136 $4K
23 UBS Group AG 0.00% 48 $1K
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 Rock ETF Tr (PBJA)

What does the Smart Money Trend signal show for PBJA?

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

More buyers than sellers — 91% buying: Last quarter: 20 funds were net buyers (9 opened a brand new position + 11 added to an existing one). Only 2 were sellers (2 trimmed + 0 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for PBJA holders?

Smaller funds dominant — 1% AUM from top-100: 4 of 23 holders rank in the top 100 by AUM, but together hold only 1% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held PBJA?

Mostly new holders — 52% 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.

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

As of today, PBJA has moved +0.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of +0.4%. Since the quarter end (March 31, 2026), PBJA has gained +5.6% 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.

Full history →