Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

SSGA ACTIVE ETF TR (RLY)

117 + Investors. Track Smart Money conviction in RLY. 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
71%

Smart Money Signals — RLY

Based on 117 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added RLY 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
117 hedge funds hold RLY 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.
📶

Steady growth — +11% more funds vs a year ago

fund count last 6Q
+12 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 71% buying

84 buying35 selling
Last quarter: 84 funds were net buyers (19 opened a brand new position + 65 added to an existing one). Only 35 were sellers (22 trimmed + 13 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+7 vs last Q)

new funds entering per quarter
Funds opening a new RLY position: 9 → 15 → 12 → 19. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

50% of holders stayed for 2+ years

■ 50% conviction (2yr+) ■ 26% medium ■ 24% new
59 out of 117 hedge funds have held RLY 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

23 → 9 → 15 → 12 → 19 new funds/Q
New funds entering each quarter: 9 → 15 → 12 → 19. A growing number of institutions are discovering RLY each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 50% of holders stayed 2+ years

■ 50% veterans ■ 16% 1-2yr ■ 33% new
Of 117 current holders: 59 (50%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 24% AUM from major funds

24% from top-100 AUM funds
12 of 117 holders rank in the top 100 by AUM, accounting for 24% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — 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.

Hedge Fund Ownership: RLY

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

Market Analysis: RLY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: RLY

-- --
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

10 top-rated funds 3 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
2.4
/ 10
conviction
Hedge Fund Positioning: RLY
2026 Q1 Stats Unlock in 21 days 117 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 117 111 5.41%
13F Shares 18M 16M 11.99%
Total Value $564M $493M 14.41%
New Positions 19 12 +7
Increased Positions 65 59 +6
Closed Positions 13 6 +7
Reduced Positions 22 27 -5
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: RLY

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

117 + investors

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

Top 25 institutional holders of RLY — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 New England Capital Financial Advisors LLC 4.92% 496,657 $18.0M
2 Freedom Financial Partners LLC 4.35% 338,201 $12.2M
3 SENTINEL PENSION ADVISORS, LLC 2.77% 519,210 $18.8M
4 Wealth Enhancement Trust Services, Inc. 2.72% 621,024 $22.5M
5 PRIVATE CLIENT SERVICES, LLC 2.42% 223,763 $8.1M
6 Johnson Bixby & Associates, LLC 2.21% 492,437 $17.8M
7 Harbor Group, Inc. 1.52% 291,378 $10.5M
8 MBE Wealth Management, LLC 1.33% 88,260 $3.2M
9 First Heartland Consultants, Inc. 0.82% 297,480 $10.8M
10 BARNES PETTEY FINANCIAL ADVISORS, LLC 0.74% 47,282 $1.7M
11 Fortis Capital Advisors, LLC 0.73% 154,244 $5.6M
12 Register Financial Advisors LLC 0.64% 47,586 $1.7M
13 Retireful, LLC 0.58% 11,332 $410K
14 Trilogy Capital Inc. 0.56% 348,992 $12.6M
15 Twelve Points Wealth Management LLC 0.32% 40,502 $1.5M
16 United Advisor Group, LLC 0.31% 68,798 $2.5M
17 Veracity Capital LLC 0.25% 19,670 $711K
18 KWB Wealth 0.23% 75,303 $2.4M
19 THOMPSON DAVIS & CO., INC. 0.22% 9,102 $329K
20 Belpointe Asset Management LLC 0.20% 154,244 $5.6M
21 DAVIDSON TRUST CO 0.19% 11,929 $431K
22 Fermata Advisors, LLC 0.18% 21,876 $791K
23 Intrua Financial, LLC 0.14% 38,273 $1.4M
24 L.K. Benson & Company, P.C. 0.11% 8,985 $325K
25 XML Financial, LLC 0.11% 36,277 $1.3M
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 — SSGA ACTIVE ETF TR (RLY)

What does the Smart Money Trend signal show for RLY?

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

More buyers than sellers — 71% buying: Last quarter: 84 funds were net buyers (19 opened a brand new position + 65 added to an existing one). Only 35 were sellers (22 trimmed + 13 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for RLY holders?

Strong quality — 24% AUM from major funds: 12 of 117 holders rank in the top 100 by AUM, accounting for 24% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held RLY?

50% of holders stayed for 2+ years: 59 out of 117 hedge funds have held RLY 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.