Stock Analysis
Data Source: SEC EDGAR 13F
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Exchange Traded Concepts Tru (THNQ)

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

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +33
Streak
1Q ▲
Buyers last Q
68%

Smart Money Signals — THNQ

Based on 104 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added THNQ 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
104 hedge funds hold THNQ 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 — +93% more funds vs a year ago

fund count last 6Q
+50 new funds entered over the past year (+93% 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 — 68% buying

62 buying29 selling
Last quarter: 62 funds were net buyers (41 opened a brand new position + 21 added to an existing one). Only 29 were sellers (21 trimmed + 8 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+30 vs last Q)

new funds entering per quarter
Funds opening a new THNQ position: 22 → 18 → 11 → 41. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
📌

Mixed — 27% long-term, 47% new

27% conviction (2yr+) 26% medium 47% new
Of the 104 current holders: 28 (27%) held >2 years, 27 held 1–2 years, and 49 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💰

Value +89% but shares only +24% — price-driven

Value
+89%
Shares
+23%
Last quarter: the total dollar value of institutional holdings rose +89%, but actual share count only changed +24%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📈

Growing discovery — still being found

10 → 22 → 18 → 11 → 41 new funds/Q
New funds entering each quarter: 22 → 18 → 11 → 41. A growing number of institutions are discovering THNQ each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🌱

Early stage — 55% of holders entered in last year

26% veterans 19% 1-2yr 55% new
Of 104 current holders: 57 (55%) entered in the past year, only 27 (26%) 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.
🏆

Elite ownership — 41% AUM from top-100 funds

41% from top-100 AUM funds
13 of 103 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in THNQ. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.8
out of 10
Moderate Exit Risk
Exit risk score 4.8/10 — 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 — THNQ

In 2026 Q2, 62 hedge funds were net buyers of THNQ (41 opened a new position, 21 added to an existing one), while 29 reduced or exited (21 trimmed, 8 sold completely) — a 68% buyer ratio, indicating clear institutional accumulation. 41% of total institutional value in THNQ is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +33 funds (more new holders than closures). Total institutional holders: 104.

Hedge Fund Ownership: THNQ

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

Market Analysis: THNQ

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: THNQ

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

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
1.1
/ 10
conviction
Hedge Fund Positioning: THNQ
103 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 103 71 45.07%
13F Shares 2M 2M 23.77%
Total Value $189M $100M 89.28%
New Positions 41 11 +30
Increased Positions 21 23 -2
Closed Positions 8 18 -10
Reduced Positions 21 18 +3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: THNQ

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Institutional Holders (2026 Q2)

103 + investors

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

QUARTER:
Top 25 THNQ holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Portfolio Strategies, Inc. 3.03% 338,877 $30.9M
2 Berkshire Money Management, Inc. 2.03% 243,260 $22.2M
3 Rhodes Investment Advisors Inc /Adv 1.28% 19,010 $1.7M
4 Element Wealth, LLC 1.22% 35,608 $3.2M
5 Matisse Capital 0.49% 13,427 $1.2M
6 Nova Wealth Management, Inc. 0.47% 9,313 $849K
7 Clarus Group, Inc. 0.32% 10,227 $933K
8 BankChampaign, National Association 0.24% 3,474 $317K
9 Clay Northam Wealth Management, LLC 0.19% 4,125 $376K
10 Strategic Advocates LLC 0.16% 459 $42K
11 Fox Hill Wealth Management 0.14% 3,900 $356K
12 Wealth Forward, LLC 0.14% 3,115 $284K
13 Pathway Financial Advisers, LLC 0.14% 6,025 $550K
14 Commerce Advisors, LLC 0.14% 2,772 $253K
15 MFA Wealth Services 0.13% 2,464 $225K
16 Gts Securities LLC 0.13% 66,022 $6.0M
17 Financial & Tax Architects, LLC 0.10% 5,366 $489K
18 Valley Wealth Managers, INC. 0.10% 18,312 $1.7M
19 Twelve Points Wealth Management LLC 0.09% 4,909 $448K
20 Strategic Financial Concepts, LLC 0.08% 2,960 $270K
21 Hancock Prospecting Pty Ltd 0.08% 49,756 $4.5M
22 Strategic Family Wealth Counselors, L.L.C. 0.06% 2,684 $245K
23 Cary Street Partners Financial LLC 0.04% 19,820 $1.8M
24 Gladstone Institutional Advisory LLC 0.04% 13,123 $1.2M
25 Moneta Group Investment Advisors LLC 0.03% 48,108 $4.4M
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 — Exchange Traded Concepts Tru (THNQ)

What does the Smart Money Trend signal show for THNQ?

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

More buyers than sellers — 68% buying: Last quarter: 62 funds were net buyers (41 opened a brand new position + 21 added to an existing one). Only 29 were sellers (21 trimmed + 8 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for THNQ holders?

Elite ownership — 41% AUM from top-100 funds: 13 of 103 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in THNQ. 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 THNQ?

Mixed — 27% long-term, 47% new: Of the 104 current holders: 28 (27%) held >2 years, 27 held 1–2 years, and 49 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

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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