INVESTMENT MANAGERS SER TR I (QBTX): Hedge Fund Ownership & Smart Money Signals (Q4 2025)

INVESTMENT MANAGERS SER TR I (QBTX)

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

Smart Money Signals — QBTX

Based on 9 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 2Q

For 1 consecutive quarter, more hedge funds reduced or closed their QBTX positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

🔻

Below peak — only 69% of 0.8Y high

69% of all-time peak

Only 9 funds hold QBTX today versus a peak of 13 funds at 2025 Q3 — just 69% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.

🟠

More sellers than buyers — 47% buying

7 buying8 selling

Last quarter: 8 funds reduced or exited vs 7 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

➡️

Steady new buyers — ~1 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 5 → 1. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔄

Mostly new holders — 67% entered in last year

■ 0% conviction (2yr+) ■ 33% medium ■ 67% 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.

💎

Buying through price weakness — shares +150%, value -47%

Value

-47%

+150%

Last quarter: funds added +150% more shares while total portfolio value only changed -47%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.

🌱

Early stage — 100% of holders entered in last year

■ 0% veterans ■ 0% 1-2yr ■ 100% new

Of 12 current holders: 12 (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 — 0% AUM from top-100

0% from top-100 AUM funds

1 of 9 holders rank in the top 100 by AUM, but together hold only 0% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

3.3

out of 10

Low Exit Risk

Exit risk score 3.3/10 — 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.

Metric	All 13F Filers (2025 Q4)	Prior (2025 Q3)	Change
Funds Holding	12	18	-33.33%
13F Shares	426K	170K	150.45%
Total Value	$14M	$27M	-47.04%
New Positions	1	5	-4
Increased Positions	18	13	+5
Closed Positions	5	3	+2
Reduced Positions	3	8	-5
Total Calls	3	3	-
Total Puts	3	3	-
PUT/CALL Ratio	1.0	1.0	Neutral

Metric

All 13F Filers (2025 Q4)

Prior (2025 Q3)

Change

Funds Holding

-33.33%

13F Shares

426K

170K

150.45%

Total Value

$14M

$27M

-47.04%

New Positions

-4

Increased Positions

Closed Positions

Reduced Positions

-5

Total Calls

Total Puts

PUT/CALL Ratio

1.0

Neutral

Institutional Holders (2026 Q1)

12 + investors

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

FILTER:All New Added To Reduced No Change | Overweight >5% | SHOW: Active managers + show index funds

Top 12 institutional holders of QBTX — 2025 Q4 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Jump Financial, LLC	0.01%	17,964	$594K
2	Belvedere Trading LLC	0.00%	54,000	$1.8M
3	Tower Research Capital LLC (TRC)	0.00%	1,944	$64K
4	Belvedere Trading LLC	0.00%	17,300	$572K
5	GROUP ONE TRADING LLC	0.00%	8,904	$295K
6	CITADEL ADVISORS LLC	0.00%	98,100	$3.2M
7	CITADEL ADVISORS LLC	0.00%	71,800	$2.4M
8	JANE STREET GROUP, LLC	0.00%	65,500	$2.2M
9	JANE STREET GROUP, LLC	0.00%	58,200	$1.9M
10	Optiver Holding B.V.	0.00%	11,789	$390K
11	SUSQUEHANNA INTERNATIONAL GROUP, LLP	0.00%	19,306	$639K
12	UBS Group AG	0.00%	830	$27K

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 — INVESTMENT MANAGERS SER TR I (QBTX)

What does the Smart Money Trend signal show for QBTX?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their QBTX positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for QBTX?

More sellers than buyers — 47% buying: Last quarter: 8 funds reduced or exited vs 7 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for QBTX holders?

Smaller funds dominant — 0% AUM from top-100: 1 of 9 holders rank in the top 100 by AUM, but together hold only 0% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held QBTX?

Mostly new holders — 67% 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.

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INVESTMENT MANAGERS SER TR I (QBTX)

Smart Money Signals — QBTX

Selling streak — 1 quarter in a row

Below peak — only 69% of 0.8Y high

More sellers than buyers — 47% buying

Steady new buyers — ~1 new funds per quarter

Mostly new holders — 67% entered in last year

Buying through price weakness — shares +150%, value -47%

Early stage — 100% of holders entered in last year

Smaller funds dominant — 0% AUM from top-100

Hedge Fund Ownership: QBTX

Market Analysis: QBTX

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: QBTX

Hedge Fund Positioning: QBTX

Statistics: QBTX

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — INVESTMENT MANAGERS SER TR I (QBTX)

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