ALPS ETF TR (BFOR): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy ALPS ETF TR (BFOR) following the 2026 Q1 hedge fund 13F filings?

As of today, BFOR has moved +0.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of +0.6%. Since the quarter end (March 31, 2026), BFOR gained +6.9% vs +14.0% 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.

ALPS ETF TR (BFOR)

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

Smart Money Signals — BFOR

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

📈

Buying streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, more hedge funds added BFOR 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 (98% of max)

98% of all-time peak

39 hedge funds hold BFOR 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 — +8% more funds vs a year ago

fund count last 6Q

+3 new funds entered over the past year (+8% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.

🟢

More buyers than sellers — 64% buying

18 buying10 selling

Last quarter: 18 funds were net buyers (5 opened a brand new position + 13 added to an existing one). Only 10 were sellers (6 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.

➡️

Steady new buyers — ~5 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 4 → 5 → 3 → 5. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 36% medium ■ 10% new

21 out of 39 hedge funds have held BFOR 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.

➡️

Steady discovery — ~5 new funds/quarter

5 → 4 → 5 → 3 → 5 new funds/Q

New funds entering each quarter: 4 → 5 → 3 → 5. Consistent flow of new institutional buyers without clear acceleration or slowdown.

🏛️

Deep conviction — 59% of holders stayed 2+ years

■ 59% veterans ■ 18% 1-2yr ■ 23% new

Of 39 current holders: 23 (59%) 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.

🏆

Elite ownership — 80% AUM from top-100 funds

80% from top-100 AUM funds

11 of 39 holders are among the 100 largest funds by AUM, controlling 80% of total institutional value in BFOR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

3.2

out of 10

Low Exit Risk

Exit risk score 3.2/10 — 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.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	39	38	2.63%
13F Shares	873K	815K	7.11%
Total Value	$72M	$67M	7.49%
New Positions	5	3	+2
Increased Positions	13	15	-2
Closed Positions	4	4	-
Reduced Positions	6	7	-1
Total Calls	1	1	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

2.63%

13F Shares

873K

815K

7.11%

Total Value

$72M

$67M

7.49%

New Positions

Increased Positions

-2

Closed Positions

Reduced Positions

-1

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

39 + investors

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

QUARTER:

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

Top 25 institutional holders of BFOR — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Veltria Advisors Corp.	3.43%	11,518	$1.0M
2	RMR Capital Management, LLC	0.68%	11,302	$938K
3	BANTAMAC CAPITAL, LLC	0.48%	10,767	$894K
4	Alteri Wealth LLC	0.34%	12,767	$1.1M
5	Trilogy Capital Inc.	0.13%	36,091	$3.0M
6	Sensible Money, LLC	0.08%	3,236	$269K
7	GTS SECURITIES LLC	0.05%	16,892	$1.4M
8	Huntleigh Advisors, Inc.	0.05%	3,197	$265K
9	Orange Investment Advisors, Inc.	0.03%	3,000	$249K
10	RVW Wealth, LLC	0.02%	2,899	$241K
11	Texas Yale Capital Corp.	0.01%	5,770	$479K
12	CWA Asset Management Group, LLC	0.01%	3,500	$291K
13	IFP Advisors, Inc	0.01%	4,180	$347K
14	Spire Wealth Management	0.01%	2,200	$183K
15	Sanctuary Advisors, LLC	0.01%	12,423	$1.0M
16	Waverly Advisors, LLC	0.01%	8,475	$703K
17	JONES FINANCIAL COMPANIES LLLP	0.00%	75,404	$6.2M
18	MORGAN STANLEY	0.00%	483,446	$40.1M
19	NATIONAL BANK OF CANADA /FI/	0.00%	19,300	$1.6M
20	OSAIC HOLDINGS, INC.	0.00%	5,419	$450K
21	High Note Wealth, LLC	0.00%	40	$3K
22	Cambridge Investment Research Advisors, Inc.	0.00%	2,843	—
23	Capital Investment Advisory Services, LLC	0.00%	97	$8K
24	Rockefeller Capital Management L.P.	0.00%	2,698	$224K
25	BANK OF AMERICA CORP /DE/	0.00%	58,313	$4.8M

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 (BFOR)

What does the Smart Money Trend signal show for BFOR?

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

More buyers than sellers — 64% buying: Last quarter: 18 funds were net buyers (5 opened a brand new position + 13 added to an existing one). Only 10 were sellers (6 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for BFOR holders?

Elite ownership — 80% AUM from top-100 funds: 11 of 39 holders are among the 100 largest funds by AUM, controlling 80% of total institutional value in BFOR. 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 BFOR?

54% of holders stayed for 2+ years: 21 out of 39 hedge funds have held BFOR 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 (BFOR) following the 2026 Q1 hedge fund 13F filings?

As of today, BFOR has moved +0.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of +0.6%. Since the quarter end (March 31, 2026), BFOR has gained +6.9% vs +14.0% 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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ALPS ETF TR (BFOR)

Smart Money Signals — BFOR

Buying streak — 1 quarter in a row

At the ownership peak (98% of max)

Steady growth — +8% more funds vs a year ago

More buyers than sellers — 64% buying

Steady new buyers — ~5 new funds per quarter

54% of holders stayed for 2+ years

Steady discovery — ~5 new funds/quarter

Deep conviction — 59% of holders stayed 2+ years

Elite ownership — 80% AUM from top-100 funds

Institutional Sentiment Summary — BFOR

Hedge Fund Ownership: BFOR

Market Analysis: BFOR

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: BFOR

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

Hedge Fund Positioning: BFOR

Statistics: BFOR

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — ALPS ETF TR (BFOR)

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