Northern Lts Fd Tr IV (RISN): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Northern Lts Fd Tr IV (RISN) following the 2026 Q1 hedge fund 13F filings?

As of today, RISN has moved +4.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to -0.5% for the SPY sector ETF — an outperformance of +5.3%. Since the quarter end (March 31, 2026), RISN gained +5.8% vs +13.0% 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.

Northern Lts Fd Tr IV (RISN)

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

Smart Money Signals — RISN

Based on 21 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, more hedge funds added RISN 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

21 hedge funds hold RISN 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 — +50% more funds vs a year ago

fund count last 6Q

+7 new funds entered over the past year (+50% 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 — 72% buying

13 buying5 selling

Last quarter: 13 funds were net buyers (7 opened a brand new position + 6 added to an existing one). Only 5 were sellers (3 trimmed + 2 sold completely). A clear majority buying is a strong confirmation signal.

➡️

Steady new buyers — ~7 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 0 → 4 → 2 → 7. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔄

Mostly new holders — 29% entered in last year

■ 24% conviction (2yr+) ■ 48% medium ■ 29% new

Only 5 funds (24%) 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 — ~7 new funds/quarter

2 → 0 → 4 → 2 → 7 new funds/Q

New funds entering each quarter: 0 → 4 → 2 → 7. Consistent flow of new institutional buyers without clear acceleration or slowdown.

🏛️

Veteran-anchored — 48% veterans vs 33% newcomers

■ 48% veterans ■ 19% 1-2yr ■ 33% new

Entry-cohort mix of 21 holders: 10 (48%) are 2+ year veterans, 4 entered 1–2 years ago, and 7 (33%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

📋

Smaller funds dominant — 1% AUM from top-100

1% from top-100 AUM funds

3 of 21 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.

4.3

out of 10

Moderate Exit Risk

Exit risk score 4.3/10 — 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.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	21	16	31.25%
13F Shares	3M	3M	-8.06%
Total Value	$73M	$81M	-9.21%
New Positions	7	2	+5
Increased Positions	6	5	+1
Closed Positions	2	2	-
Reduced Positions	3	6	-3
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

31.25%

13F Shares

-8.06%

Total Value

$73M

$81M

-9.21%

New Positions

Increased Positions

Closed Positions

Reduced Positions

-3

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

21 + investors

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

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 20 RISN holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Inspire Advisors, LLC	5.57%	2,383,561	$68.4M
2	Revisor Wealth Management LLC	0.11%	14,006	$403K
3	Nations Financial Group Inc, /Ia/ /Adv	0.08%	57,312	$1.6M
4	Inspire Investing, LLC	0.02%	9,741	$279K
5	Ascentis Independent Advisors	0.02%	9,880	$283K
6	Westside Investment Management, Inc.	0.02%	4,340	$125K
7	Gts Securities LLC	0.01%	13,931	$400K
8	Arax Advisory Partners	0.00%	6,154	$177K
9	Bare Financial Services, Inc	0.00%	638	$18K
10	Root Financial Partners, LLC	0.00%	3,131	$90K
11	AdvisorNet Financial, Inc	0.00%	2,745	$79K
12	Creative Financial Designs Inc /Adv	0.00%	1,205	$35K
13	Harbour Investments, INC.	0.00%	3,059	$88K
14	AE Wealth Management LLC	0.00%	8,546	$245K
15	Advisory Services Network, LLC	0.00%	300	$9K
16	Citadel Advisors LLC	0.00%	19,804	$568K
17	Osaic Holdings, INC.	0.00%	2,146	$62K
18	Susquehanna International Group, LLP	0.00%	8,130	$233K
19	Allworth Financial LP	0.00%	10	—
20	Morgan Stanley	0.00%	2	—

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 — Northern Lts Fd Tr IV (RISN)

What does the Smart Money Trend signal show for RISN?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added RISN 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 RISN?

More buyers than sellers — 72% buying: Last quarter: 13 funds were net buyers (7 opened a brand new position + 6 added to an existing one). Only 5 were sellers (3 trimmed + 2 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for RISN holders?

Smaller funds dominant — 1% AUM from top-100: 3 of 21 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 RISN?

Mostly new holders — 29% entered in last year: Only 5 funds (24%) 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 Northern Lts Fd Tr IV (RISN) following the 2026 Q1 hedge fund 13F filings?

As of today, RISN has moved +4.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to -0.5% for the SPY sector ETF — an outperformance of +5.3%. Since the quarter end (March 31, 2026), RISN has gained +5.8% vs +13.0% 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.

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Northern Lts Fd Tr IV (RISN)

Smart Money Signals — RISN

Buying streak — 1 quarter in a row

At the ownership peak (100% of max)

Fast accumulation — +50% more funds vs a year ago

More buyers than sellers — 72% buying

Steady new buyers — ~7 new funds per quarter

Mostly new holders — 29% entered in last year

Steady discovery — ~7 new funds/quarter

Veteran-anchored — 48% veterans vs 33% newcomers

Smaller funds dominant — 1% AUM from top-100

Institutional Sentiment Summary — RISN

Hedge Fund Ownership: RISN

Market Analysis: RISN

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: RISN

Is It Too Late to Buy Northern Lts Fd Tr IV (RISN) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: RISN

Statistics: RISN

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Northern Lts Fd Tr IV (RISN)

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