Stock Analysis
Data Source: SEC EDGAR 13F
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Vaneck ETF Trust (CNXT)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +17
Streak
3Q ▲
Buyers last Q
82%

Smart Money Signals — CNXT

Based on 32 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added CNXT 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
32 hedge funds hold CNXT 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.
🚀

Fast accumulation — +191% more funds vs a year ago

fund count last 6Q
+21 new funds entered over the past year (+191% 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.
🟢

More buyers than sellers — 82% buying

23 buying5 selling
Last quarter: 23 funds were net buyers (17 opened a brand new position + 6 added to an existing one). Only 5 were sellers (5 trimmed + 0 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 CNXT position: 4 → 4 → 5 → 17. 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+) ■ 9% medium ■ 50% new
13 out of 32 hedge funds have held CNXT 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.
💰

Value +407% but shares only +269% — price-driven

Value
+406%
Shares
+269%
Last quarter: the total dollar value of institutional holdings rose +407%, but actual share count only changed +269%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
🚀

Acceleration phase — new buyers rushing in

3 → 4 → 4 → 5 → 17 new funds/Q
New funds entering each quarter: 4 → 4 → 5 → 17. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 49% veterans vs 46% newcomers

■ 49% veterans ■ 6% 1-2yr ■ 46% new
Entry-cohort mix of 35 holders: 17 (49%) are 2+ year veterans, 2 entered 1–2 years ago, and 16 (46%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 20% AUM from major funds

20% from top-100 AUM funds
11 of 31 holders rank in the top 100 by AUM, accounting for 20% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
6.2
out of 10
Moderate Exit Risk
Exit risk score 6.2/10 — 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 — CNXT

In 2026 Q2, 23 hedge funds were net buyers of CNXT (17 opened a new position, 6 added to an existing one), while 5 reduced or exited (5 trimmed their position) — a 82% buyer ratio, indicating clear institutional accumulation. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 20% of total institutional value in CNXT is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +17 funds (more new holders than closures). Total institutional holders: 32.

Hedge Fund Ownership: CNXT

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

Market Analysis: CNXT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CNXT

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

1 top-rated funds 1 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.7
/ 10
conviction
Hedge Fund Positioning: CNXT
30 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 30 15 100.0%
13F Shares 616K 215K 186.16%
Total Value $38M $10M 292.95%
New Positions 16 5 +11
Increased Positions 6 5 +1
Closed Positions 0 3 -3
Reduced Positions 5 2 +3
Total Calls 2 1 100.0%
Total Puts 2 0 100%
PUT/CALL Ratio 1.0 0.0 Neutral

Statistics: CNXT

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Financial Highlights

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Institutional Holders (2026 Q2)

30 + investors

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

QUARTER:
Top 25 CNXT holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Regatta Research & Money Management 2.67% 45,244 $2.8M
2 Absolute Gestao de Investimentos Ltda. 1.12% 178,585 $11.1M
3 Fullerton Fund Management Co Ltd. 0.82% 204,295 $12.8M
4 Pekin Hardy Strauss, Inc. 0.30% 53,925 $3.4M
5 Old Mission Capital LLC 0.04% 40,681 $2.5M
6 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.04% 5,179 $323K
7 Allworth Financial LP 0.00% 4,360 $272K
8 Vontobel Holding Ltd. 0.00% 5,440 $340K
9 Group One Trading LLC 0.00% 9,852 $615K
10 Kiker Wealth Management, LLC 0.00% 33 $2K
11 UBS Group AG 0.00% 59,589 $3.7M
12 Citadel Advisors LLC 0.00% 61,100 $3.8M
13 Citadel Advisors LLC 0.00% 50,159 $3.1M
14 Cetera Investment Advisers 0.00% 5,889 $368K
15 SBI Securities Co., Ltd. 0.00% 218 $14K
16 D. E. Shaw & Co., Inc. 0.00% 10,054 $627K
17 Cerity Partners LLC 0.00% 3,590 $224K
18 Howe & Rusling Inc 0.00% 40 $2K
19 Goldman Sachs Group Inc 0.00% 16,009 $999K
20 LPL Financial LLC 0.00% 5,623 $351K
21 Susquehanna International Group, LLP 0.00% 15,000 $936K
22 Simplex Trading, LLC 0.00% 1,573 $98K
23 US Bancorp \de\ 0.00% 575 $36K
24 Federation des caisses Desjardins du Quebec 0.00% 200 $12K
25 Jane Street Group, LLC 0.00% 5,900 $368K
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 — Vaneck ETF Trust (CNXT)

What does the Smart Money Trend signal show for CNXT?

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

More buyers than sellers — 82% buying: Last quarter: 23 funds were net buyers (17 opened a brand new position + 6 added to an existing one). Only 5 were sellers (5 trimmed + 0 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for CNXT holders?

Strong quality — 20% AUM from major funds: 11 of 31 holders rank in the top 100 by AUM, accounting for 20% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held CNXT?

41% of holders stayed for 2+ years: 13 out of 32 hedge funds have held CNXT 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.

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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