Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

First Tr Exch Traded Fd III (RFDI)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +6
Streak
3Q ▲
Buyers last Q
62%

Smart Money Signals — RFDI

Based on 52 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added RFDI 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
52 hedge funds hold RFDI 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 — +30% more funds vs a year ago

fund count last 6Q
+12 new funds entered over the past year (+30% 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 — 62% buying

25 buying15 selling
Last quarter: 25 funds were net buyers (12 opened a brand new position + 13 added to an existing one). Only 15 were sellers (9 trimmed + 6 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~12 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 3 → 4 → 7 → 12. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 19% medium ■ 21% new
31 out of 52 hedge funds have held RFDI 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

8 → 3 → 4 → 7 → 12 new funds/Q
New funds entering each quarter: 3 → 4 → 7 → 12. A growing number of institutions are discovering RFDI each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 60% veterans vs 29% newcomers

■ 60% veterans ■ 12% 1-2yr ■ 29% new
Entry-cohort mix of 52 holders: 31 (60%) are 2+ year veterans, 6 entered 1–2 years ago, and 15 (29%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 43% AUM from top-100 funds

43% from top-100 AUM funds
12 of 52 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in RFDI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — 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.

Institutional Sentiment Summary — RFDI

In 2026 Q2, 25 hedge funds were net buyers of RFDI (12 opened a new position, 13 added to an existing one), while 15 reduced or exited (9 trimmed, 6 sold completely) — a 62% buyer ratio, indicating clear institutional accumulation. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 43% of total institutional value in RFDI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +6 funds (more new holders than closures). Total institutional holders: 52.

Hedge Fund Ownership: RFDI

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

Market Analysis: RFDI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: RFDI

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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
0.2
/ 10
conviction
Hedge Fund Positioning: RFDI
52 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 52 46 13.04%
13F Shares 2M 1M 2.36%
Total Value $132M $122M 8.23%
New Positions 12 7 +5
Increased Positions 13 13 -
Closed Positions 6 3 +3
Reduced Positions 9 12 -3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: RFDI

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Institutional Holders (2026 Q2)

52 + investors

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

QUARTER:
Top 25 RFDI holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Per Stirling Capital Management, LLC. 1.54% 186,554 $16.2M
2 Prospera Financial Services Inc 0.16% 129,472 $11.3M
3 RiverFront Investment Group, LLC 0.13% 112,606 $9.8M
4 Moneywise, INC. 0.11% 3,458 $301K
5 Ewa, LLC 0.09% 5,612 $489K
6 Strategic Equity Management 0.09% 2,920 $254K
7 Walkner Condon Financial Advisors LLC 0.06% 6,182 $538K
8 Stratos Wealth Advisors, LLC 0.04% 7,528 $656K
9 Evolution Wealth Management INC. 0.03% 546 $48K
10 Compass Financial Management LLC 0.02% 2,261 $197K
11 Oakmont Advisory Group, LLC 0.02% 289 $25K
12 Spartan Wealth Advisory Services LLC 0.02% 2,770 $241K
13 Bison Wealth, LLC 0.02% 2,354 $208K
14 Cetera Investment Advisers 0.02% 202,982 $17.7M
15 Fulton Breakefield Broenniman LLC 0.01% 2,658 $231K
16 GAMMA Investing LLC 0.01% 3,471 $302K
17 Elevated Capital Advisors, LLC 0.01% 417 $36K
18 Fiduciary Financial Advisors 0.01% 1,088 $94K
19 CENTRAL TRUST Co 0.01% 5,969 $520K
20 Truist Financial Corp 0.01% 88,344 $7.7M
21 Dana Investment Advisors, Inc. 0.01% 3,798 $331K
22 DAVENPORT & Co LLC 0.01% 12,095 $1.1M
23 Lanark Financial, INC. 0.00% 624 $54K
24 Envestnet Asset Management Inc 0.00% 171,614 $14.9M
25 Downshift Financial, LLC 0.00% 60 $5K
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 — First Tr Exch Traded Fd III (RFDI)

What does the Smart Money Trend signal show for RFDI?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added RFDI 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 RFDI?

More buyers than sellers — 62% buying: Last quarter: 25 funds were net buyers (12 opened a brand new position + 13 added to an existing one). Only 15 were sellers (9 trimmed + 6 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for RFDI holders?

Elite ownership — 43% AUM from top-100 funds: 12 of 52 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in RFDI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held RFDI?

60% of holders stayed for 2+ years: 31 out of 52 hedge funds have held RFDI 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.

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