First Tr Exchng Traded Fd VI (XPND): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy First Tr Exchng Traded Fd VI (XPND) following the 2026 Q1 hedge fund 13F filings?

As of today, XPND has moved +6.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.1% for the SPY sector ETF — an outperformance of +5.5%. Since the quarter end (March 31, 2026), XPND gained +25.9% vs +14.9% 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.

First Tr Exchng Traded Fd VI (XPND)

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

Smart Money Signals — XPND

Based on 25 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 XPND positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

📊

High ownership — 93% of 3.0Y peak

93% of all-time peak

25 funds currently hold this stock — 93% of the 3.0-year high of 27 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.

🚀

Fast accumulation — +79% more funds vs a year ago

fund count last 6Q

+11 new funds entered over the past year (+79% 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.

🟡

Slight buying edge — 52% buying

15 buying14 selling

Last quarter: 15 funds bought or added vs 14 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.

➡️

Steady new buyers — ~5 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 10 → 5 → 8 → 5. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔄

Mostly new holders — 28% entered in last year

■ 20% conviction (2yr+) ■ 52% medium ■ 28% new

Only 5 funds (20%) 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 — ~5 new funds/quarter

4 → 10 → 5 → 8 → 5 new funds/Q

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

🌱

Early stage — 56% of holders entered in last year

■ 24% veterans ■ 20% 1-2yr ■ 56% new

Of 25 current holders: 14 (56%) entered in the past year, only 6 (24%) 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.

📋

Smaller funds dominant — 4% AUM from top-100

4% from top-100 AUM funds

3 of 25 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

4.0

out of 10

Moderate Exit Risk

Exit risk score 4.0/10 — 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	25	27	-7.41%
13F Shares	1M	885K	18.13%
Total Value	$33M	$32M	4.24%
New Positions	5	8	-3
Increased Positions	10	6	+4
Closed Positions	7	5	+2
Reduced Positions	7	6	+1
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

-7.41%

13F Shares

885K

18.13%

Total Value

$33M

$32M

4.24%

New Positions

-3

Increased Positions

Closed Positions

Reduced Positions

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

25 + investors

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

QUARTER:

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

Top 23 XPND holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Ferguson Shapiro LLC	5.31%	530,624	$17.4M
2	Harvest Investment Services, LLC	0.12%	20,721	$680K
3	Nations Financial Group Inc, /Ia/ /Adv	0.05%	29,722	$976K
4	Integrated Wealth Concepts LLC	0.05%	184,177	$6.0M
5	Clear Creek Financial Management, LLC	0.04%	15,225	$500K
6	International Assets Investment Management, LLC	0.01%	2,866	$95K
7	Private Trust Co NA	0.01%	1,900	$62K
8	Arkadios Wealth Advisors	0.01%	9,818	$322K
9	Osaic Holdings, INC.	0.00%	84,456	$2.8M
10	Foundations Investment Advisors, LLC	0.00%	9,972	$327K
11	Geneos Wealth Management Inc.	0.00%	5,064	$166K
12	Kestra Private Wealth Services, LLC	0.00%	8,063	$265K
13	Sanctuary Advisors, LLC	0.00%	10,579	$347K
14	&Partners	0.00%	10,841	$356K
15	HighTower Advisors, LLC	0.00%	36,492	$1.2M
16	Harbour Investments, INC.	0.00%	1,832	$60K
17	IFP Advisors, Inc	0.00%	1,058	$35K
18	Advisory Services Network, LLC	0.00%	1,166	$38K
19	Ashton Thomas Private Wealth, LLC	0.00%	260	$9K
20	AE Wealth Management LLC	0.00%	730	$24K
21	Envestnet Asset Management Inc	0.00%	13,144	$431K
22	LPL Financial LLC	0.00%	10,912	$358K
23	Citadel Advisors LLC	0.00%	15,476	$508K

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 Exchng Traded Fd VI (XPND)

What does the Smart Money Trend signal show for XPND?

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

Slight buying edge — 52% buying: Last quarter: 15 funds bought or added vs 14 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 XPND holders?

Smaller funds dominant — 4% AUM from top-100: 3 of 25 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held XPND?

Mostly new holders — 28% entered in last year: Only 5 funds (20%) 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 First Tr Exchng Traded Fd VI (XPND) following the 2026 Q1 hedge fund 13F filings?

As of today, XPND has moved +6.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.1% for the SPY sector ETF — an outperformance of +5.5%. Since the quarter end (March 31, 2026), XPND has gained +25.9% vs +14.9% 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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First Tr Exchng Traded Fd VI (XPND)

Smart Money Signals — XPND

Selling streak — 1 quarter in a row

High ownership — 93% of 3.0Y peak

Fast accumulation — +79% more funds vs a year ago

Slight buying edge — 52% buying

Steady new buyers — ~5 new funds per quarter

Mostly new holders — 28% entered in last year

Steady discovery — ~5 new funds/quarter

Early stage — 56% of holders entered in last year

Smaller funds dominant — 4% AUM from top-100

Institutional Sentiment Summary — XPND

Hedge Fund Ownership: XPND

Market Analysis: XPND

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: XPND

Is It Too Late to Buy First Tr Exchng Traded Fd VI (XPND) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: XPND

Statistics: XPND

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — First Tr Exchng Traded Fd VI (XPND)

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