Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

EXCHANGE LISTED FDS TR (CEFS)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +10
Streak
1Q ▲
Buyers last Q
72%

Smart Money Signals — CEFS

Based on 83 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added CEFS 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
83 hedge funds hold CEFS 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 — +17% more funds vs a year ago

fund count last 6Q
+12 new funds entered over the past year (+17% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 72% buying

55 buying21 selling
Last quarter: 55 funds were net buyers (18 opened a brand new position + 37 added to an existing one). Only 21 were sellers (13 trimmed + 8 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+12 vs last Q)

new funds entering per quarter
Funds opening a new CEFS position: 5 → 13 → 6 → 18. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

41% of holders stayed for 2+ years

■ 41% conviction (2yr+) ■ 28% medium ■ 31% new
34 out of 83 hedge funds have held CEFS 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

11 → 5 → 13 → 6 → 18 new funds/Q
New funds entering each quarter: 5 → 13 → 6 → 18. A growing number of institutions are discovering CEFS each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
📊

Mixed cohorts — 37% veterans, 43% new entrants

■ 37% veterans ■ 19% 1-2yr ■ 43% new
Of 83 current holders: 31 (37%) held 2+ years, 16 held 1–2 years, 36 (43%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋

Smaller funds dominant — 19% AUM from top-100

19% from top-100 AUM funds
8 of 83 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.
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.

Institutional Sentiment Summary — CEFS

In 2025 Q4, 55 hedge funds were net buyers of CEFS (18 opened a new position, 37 added to an existing one), while 21 reduced or exited (13 trimmed, 8 sold completely) — a 72% buyer ratio, indicating clear institutional accumulation. Net fund flow last quarter: +10 funds (more new holders than closures). Total institutional holders: 83.

Hedge Fund Ownership: CEFS

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

Market Analysis: CEFS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CEFS

-- --

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

Is It Too Late to Buy EXCHANGE LISTED FDS TR (CEFS) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CEFS 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 · 49d ago
CEFS
+11.3%
SPY
+42.5%

CEFS outperformed SPY by -31.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 4d ago
CEFS
-1.1%
SPY
-1.8%

Since the filing became public, CEFS outperformed SPY by +0.7% .

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.

7 top-rated funds 1 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
1.4
/ 10
conviction
Hedge Fund Positioning: CEFS
2026 Q1 Stats Unlock in 1 days 83 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 83 73 13.7%
13F Shares 6M 5M 21.75%
Total Value $129M $110M 17.15%
New Positions 18 6 +12
Increased Positions 37 37 -
Closed Positions 8 7 +1
Reduced Positions 13 11 +2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: CEFS

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Financial Highlights

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Institutional Holders (2026 Q1)

83 + investors

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

QUARTER:
Top 25 institutional holders of CEFS — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Quattro Advisors LLC 1.99% 101,714 $2.3M
2 Ares Financial Consulting, LLC 1.99% 110,502 $2.5M
3 Commerce Advisors, LLC 1.20% 63,363 $1.4M
4 QUANTIFY CHAOS ADVISORS, LLC 1.14% 16,193 $365K
5 New England Private Wealth Advisors LLC 1.02% 390,515 $8.8M
6 Columbus Macro, LLC 0.62% 258,051 $5.8M
7 Thomas J. Herzfeld Advisors, Inc. 0.50% 64,610 $1.5M
8 Unified Investment Management 0.49% 21,081 $475K
9 Private Capital Management, LLC 0.48% 213,837 $4.8M
10 Arete Wealth Advisors, LLC 0.47% 279,934 $6.3M
11 XML Financial, LLC 0.42% 231,780 $5.2M
12 Tactive Advisors, LLC 0.33% 51,980 $1.2M
13 AdvisorNet Financial, Inc 0.33% 281,423 $6.3M
14 Oregon Pacific Wealth Management, LLC 0.31% 13,170 $297K
15 Closed-End Fund Advisors, Inc. 0.29% 12,652 $285K
16 Adalta Capital Management LLC 0.28% 26,135 $589K
17 CERTIOR FINANCIAL GROUP, LLC 0.25% 17,442 $393K
18 Triumph Capital Management 0.21% 45,284 $1.0M
19 NFSG Corp 0.16% 42,740 $964K
20 Braeburn Wealth Management LLC 0.15% 11,675 $263K
21 Towerpoint Wealth, LLC 0.12% 13,690 $309K
22 SHEETS SMITH WEALTH MANAGEMENT 0.12% 46,034 $1.0M
23 Visionary Wealth Advisors 0.08% 80,277 $1.8M
24 Proficio Capital Partners LLC 0.07% 59,455 $1.3M
25 INDEPENDENT FINANCIAL GROUP, LLC 0.07% 104,898 $2.4M
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 LISTED FDS TR (CEFS)

What does the Smart Money Trend signal show for CEFS?

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

More buyers than sellers — 72% buying: Last quarter: 55 funds were net buyers (18 opened a brand new position + 37 added to an existing one). Only 21 were sellers (13 trimmed + 8 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for CEFS holders?

Smaller funds dominant — 19% AUM from top-100: 8 of 83 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 CEFS?

41% of holders stayed for 2+ years: 34 out of 83 hedge funds have held CEFS 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 EXCHANGE LISTED FDS TR (CEFS) following the 2026 Q1 hedge fund 13F filings?

As of today, CEFS has moved -1.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to -1.8% for the SPY sector ETF — an outperformance of +0.7%. Since the quarter end (March 31, 2026), CEFS has gained +11.3% vs +42.5% 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.