Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Northern Lts Fd Tr IV (TMAT)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
1Q ▼
Buyers last Q
57%

Smart Money Signals — TMAT

Based on 39 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their TMAT positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (95% of max)

95% of all-time peak
39 hedge funds hold TMAT 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
+4 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.
🟡

Slight buying edge — 57% buying

24 buying18 selling
Last quarter: 24 funds bought or added vs 18 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-7 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 4 → 10 → 12 → 5. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

44% of holders stayed for 2+ years

■ 44% conviction (2yr+) ■ 21% medium ■ 36% new
17 out of 39 hedge funds have held TMAT 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.
💎

Buying through price weakness — shares +1%, value -43%

Value
-43%
Shares
+1%
Last quarter: funds added +1% more shares while total portfolio value only changed -43%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~5 new funds/quarter

8 → 4 → 10 → 12 → 5 new funds/Q
New funds entering each quarter: 4 → 10 → 12 → 5. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 46% veterans vs 33% newcomers

■ 46% veterans ■ 21% 1-2yr ■ 33% new
Entry-cohort mix of 39 holders: 18 (46%) are 2+ year veterans, 8 entered 1–2 years ago, and 13 (33%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 18% AUM from top-100

18% from top-100 AUM funds
6 of 39 holders rank in the top 100 by AUM, but together hold only 18% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.1
out of 10
Moderate Exit Risk
Exit risk score 4.1/10 — 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 — TMAT

In 2026 Q1, 24 hedge funds were net buyers of TMAT (5 opened a new position, 19 added to an existing one), while 18 reduced or exited (11 trimmed, 7 sold completely) — a 57% buyer ratio, indicating a slight buying edge. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 39.

Hedge Fund Ownership: TMAT

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

Market Analysis: TMAT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TMAT

-- --

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

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

Signal Freshness measures how much TMAT has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 83d ago
TMAT
+31.0%
SPY
+15.1%

TMAT outperformed SPY by +15.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 38d ago
TMAT
+9.6%
SPY
+1.3%

Since the filing became public, TMAT outperformed SPY by +8.3% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

0 top-rated funds 0 high-conviction
Consensus
0.0
/ 10
breadth
×
Elite
0.6
/ 10
conviction
Hedge Fund Positioning: TMAT
39 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 39 41 -4.88%
13F Shares 7M 7M 0.95%
Total Value $105M $184M -43.02%
New Positions 5 12 -7
Increased Positions 19 4 +15
Closed Positions 7 5 +2
Reduced Positions 11 20 -9
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: TMAT

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

39 + investors

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

QUARTER:
Top 25 TMAT holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Echo45 Advisors LLC 1.14% 87,446 $2.0M
2 Orion Porfolio Solutions, LLC 0.47% 2,370,486 $55.0M
3 Copley Financial Group, Inc. 0.31% 22,317 $518K
4 Silver Grove Financial Group, Inc. 0.30% 16,189 $375K
5 Potomac Fund Management Inc /Adv 0.08% 104,091 $2.4M
6 San Luis Wealth Advisors LLC 0.08% 21,191 $491K
7 Gibbs Wealth Management 0.07% 22,188 $515K
8 GeoWealth Management, LLC 0.05% 65,068 $1.5M
9 Gwn Securities INC. 0.05% 11,556 $268K
10 Encompass More Asset Management 0.04% 11,299 $262K
11 CreativeOne Wealth, LLC 0.04% 68,123 $1.6M
12 Synergy Investment Management, LLC 0.03% 4,528 $105K
13 U.S. Capital Wealth Advisors, LLC 0.03% 49,554 $1.1M
14 Osaic Holdings, INC. 0.02% 722,939 $16.8M
15 Visionary Wealth Advisors 0.02% 18,492 $429K
16 Ausdal Financial Partners, Inc. 0.02% 15,378 $357K
17 Mutual Advisors, LLC 0.01% 29,596 $686K
18 Ashton Thomas Private Wealth, LLC 0.01% 13,663 $317K
19 Harbour Investments, INC. 0.01% 14,584 $338K
20 Cassaday & Co Wealth Management LLC 0.00% 9,504 $220K
21 LPL Financial LLC 0.00% 664,024 $15.4M
22 Envestnet Portfolio Solutions, Inc. 0.00% 19,988 $464K
23 Geneos Wealth Management Inc. 0.00% 1,647 $38K
24 Envestnet Asset Management Inc 0.00% 135,163 $3.1M
25 EverSource Wealth Advisors, LLC 0.00% 611 $23K
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 (TMAT)

What does the Smart Money Trend signal show for TMAT?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their TMAT 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 TMAT?

Slight buying edge — 57% buying: Last quarter: 24 funds bought or added vs 18 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for TMAT holders?

Smaller funds dominant — 18% AUM from top-100: 6 of 39 holders rank in the top 100 by AUM, but together hold only 18% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held TMAT?

44% of holders stayed for 2+ years: 17 out of 39 hedge funds have held TMAT 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.

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

As of today, TMAT has moved +9.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.3% for the SPY sector ETF — an outperformance of +8.3%. Since the quarter end (March 31, 2026), TMAT has gained +31.0% vs +15.1% 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.

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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