Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

ALPS ETF TR (ACES)

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

Fetching live quote...
Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +1
Streak
3Q ▲
Buyers last Q
53%

Smart Money Signals — ACES

Based on 50 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added ACES 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.
📊

High ownership — 71% of 3.0Y peak

71% of all-time peak
50 funds currently hold this stock — 71% of the 3.0-year high of 70 funds (reached 2023 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +22% more funds vs a year ago

fund count last 6Q
+9 new funds entered over the past year (+22% 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 — 53% buying

27 buying24 selling
Last quarter: 27 funds bought or added vs 24 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 — ~16 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 10 → 11 → 13 → 16. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

48% of holders stayed for 2+ years

48% conviction (2yr+) 16% medium 36% new
24 out of 50 hedge funds have held ACES 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

6 → 10 → 11 → 13 → 16 new funds/Q
New funds entering each quarter: 10 → 11 → 13 → 16. A growing number of institutions are discovering ACES each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 52% of holders stayed 2+ years

52% veterans 12% 1-2yr 37% new
Of 52 current holders: 27 (52%) 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.
📋

Smaller funds dominant — 19% AUM from top-100

19% from top-100 AUM funds
13 of 50 holders rank in the top 100 by AUM, but together hold only 19% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
2.8
out of 10
Low Exit Risk
Exit risk score 2.8/10 — 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.

Institutional Sentiment Summary — ACES

In 2026 Q1, 27 hedge funds were net buyers of ACES (16 opened a new position, 11 added to an existing one), while 24 reduced or exited (9 trimmed, 15 sold completely) — a 53% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +1 funds (more new holders than closures). Total institutional holders: 50.

Hedge Fund Ownership: ACES

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

Market Analysis: ACES

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ACES

-- --

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

Is It Too Late to Buy ALPS ETF TR (ACES) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much ACES 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 · 54d ago
ACES
+16.9%
SPY
+14.7%

ACES outperformed SPY by +2.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 9d ago
ACES
+2.7%
SPY
+0.9%

Since the filing became public, ACES outperformed SPY by +1.8% .

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.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: ACES
50 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 50 49 2.04%
13F Shares 2M 4M -47.81%
Total Value $68M $164M -58.66%
New Positions 16 13 +3
Increased Positions 11 7 +4
Closed Positions 15 7 +8
Reduced Positions 9 13 -4
Total Calls 1 0 100%
Total Puts 1 0 100%
PUT/CALL Ratio 1.0 0.0 Neutral

Statistics: ACES

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

50 + investors

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

QUARTER:
Top 25 institutional holders of ACES — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 WAYSTONE ADVISORS LLC 0.51% 17,029 $571K
2 TigerOak Management, L.L.C. 0.09% 8,622 $289K
3 CIBC Bancorp USA Inc. 0.06% 1,391,917 $46.6M
4 Massar Capital Management, LP 0.06% 15,792 $529K
5 LaSalle St. Investment Advisors, LLC 0.03% 6,318 $212K
6 TRILLIUM ASSET MANAGEMENT, LLC 0.01% 8,500 $285K
7 Wealthfront Advisers LLC 0.01% 97,030 $3.3M
8 Godfrey Financial Associates, Inc. 0.00% 100 $3K
9 PlanVest Financial, Inc 0.00% 100 $3K
10 Smithfield Trust Co 0.00% 1,412
11 Focus Partners Wealth 0.00% 37,201 $1.2M
12 Fourth Dimension Wealth, LLC 0.00% 100 $3K
13 TSFG, LLC 0.00% 183
14 HRT FINANCIAL LP 0.00% 9,810 $328K
15 D. E. Shaw & Co., Inc. 0.00% 35,711 $1.2M
16 WOLFF WIESE MAGANA LLC 0.00% 37 $1K
17 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% 3,695 $124K
18 Belvedere Trading LLC 0.00% 13,000 $436K
19 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% 20,956 $702K
20 GOLDMAN SACHS GROUP INC 0.00% 104,263 $3.5M
21 Farther Finance Advisors, LLC 0.00% 964 $32K
22 US BANCORP \DE\ 0.00% 7,242 $243K
23 THOMPSON INVESTMENT MANAGEMENT, INC. 0.00% 59 $2K
24 Western Wealth Management, LLC 0.00% 200 $7K
25 Cetera Investment Advisers 0.00% 6,323 $212K
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 — ALPS ETF TR (ACES)

What does the Smart Money Trend signal show for ACES?

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

Slight buying edge — 53% buying: Last quarter: 27 funds bought or added vs 24 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 ACES holders?

Smaller funds dominant — 19% AUM from top-100: 13 of 50 holders rank in the top 100 by AUM, but together hold only 19% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held ACES?

48% of holders stayed for 2+ years: 24 out of 50 hedge funds have held ACES 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 ALPS ETF TR (ACES) following the 2026 Q1 hedge fund 13F filings?

As of today, ACES has moved +2.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.9% for the SPY sector ETF — an outperformance of +1.8%. Since the quarter end (March 31, 2026), ACES has gained +16.9% vs +14.7% 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.

Full history →