Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

FIRST TR EXCHANGE-TRADED FD (FBT)

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

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +29
Streak
2Q ▲
Buyers last Q
55%

Smart Money Signals — FBT

Based on 262 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added FBT 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
262 hedge funds hold FBT 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 — +13% more funds vs a year ago

fund count last 6Q
+30 new funds entered over the past year (+13% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 55% buying

121 buying98 selling
Last quarter: 121 funds bought or added vs 98 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.
📈

More new buyers each quarter (+22 vs last Q)

new funds entering per quarter
Funds opening a new FBT position: 29 → 10 → 26 → 48. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

66% of holders stayed for 2+ years

66% conviction (2yr+) 21% medium 13% new
174 out of 262 hedge funds have held FBT 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.
🚀

Acceleration phase — new buyers rushing in

23 → 29 → 10 → 26 → 48 new funds/Q
New funds entering each quarter: 29 → 10 → 26 → 48. 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.
🏛️

Deep conviction — 70% of holders stayed 2+ years

70% veterans 12% 1-2yr 17% new
Of 264 current holders: 186 (70%) 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 — 49% AUM from top-100 funds

49% from top-100 AUM funds
18 of 262 holders are among the 100 largest funds by AUM, controlling 49% of total institutional value in FBT. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — 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 — FBT

In 2025 Q4, 121 hedge funds were net buyers of FBT (48 opened a new position, 73 added to an existing one), while 98 reduced or exited (79 trimmed, 19 sold completely) — a 55% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 49% of total institutional value in FBT is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +29 funds (more new holders than closures). Total institutional holders: 262.

Hedge Fund Ownership: FBT

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

Market Analysis: FBT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FBT

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

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

30 top-rated funds 1 high-conviction
Consensus
6.5
/ 10
breadth
×
Elite
1.7
/ 10
conviction
Hedge Fund Positioning: FBT
2026 Q1 Stats Unlock in 7 days 264 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 264 235 12.34%
13F Shares 4M 3M 29.78%
Total Value $714M $545M 30.89%
New Positions 48 26 +22
Increased Positions 73 73 -
Closed Positions 19 20 -1
Reduced Positions 85 84 +1
Total Calls 2 2 -
Total Puts 1 0 100%
PUT/CALL Ratio 0.5 0.0 Bullish

Statistics: FBT

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Institutional Holders (2026 Q1)

264 + investors

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

Top 25 institutional holders of FBT — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 360 Financial, Inc. 4.73% 78,213 $15.7M
2 SFI Advisors, LLC 2.97% 14,065 $2.8M
3 Nilsine Partners, LLC 1.52% 95,083 $19.4M
4 Holistic Financial Partners 1.43% 19,219 $3.9M
5 Hartford Financial Management Inc. 1.43% 27,948 $5.6M
6 Pacific Excel Wealth Advisors, Inc. 1.36% 6,429 $1.3M
7 Berger Financial Group, Inc 1.17% 104,402 $21.0M
8 Forty-three Eighteen Advisors, LLC 0.95% 6,299 $1.3M
9 Davis Investment Partners, LLC 0.82% 11,517 $2.3M
10 Arlington Financial Advisors, LLC 0.78% 27,114 $5.4M
11 PACIFIC SUN FINANCIAL CORP 0.72% 7,453 $1.5M
12 NewSquare Capital LLC 0.71% 40,885 $8.2M
13 JUNCTURE WEALTH STRATEGIES, LLC 0.70% 10,411 $2.1M
14 Quad-Cities Investment Group, LLC 0.69% 8,616 $1.7M
15 Englebert Financial Advisers, LLC 0.68% 2,999 $602K
16 GENTRY PRIVATE WEALTH, LLC 0.54% 4,483 $900K
17 Proactive Wealth Strategies LLC 0.53% 14,098 $2.8M
18 FIRST TRUST ADVISORS LP 0.50% 3,515,093 $705.9M
19 Morey & Quinn Wealth Partners, LLC 0.49% 3,449 $693K
20 Oder Investment Management, LLC 0.49% 3,164 $635K
21 Dale Q Rice Investment Management Ltd 0.47% 3,098 $622K
22 APS Management Group, Inc. 0.45% 2,644 $531K
23 HFG Advisors, Inc. 0.44% 3,128 $628K
24 WCG Wealth Advisors LLC 0.42% 74,342 $14.9M
25 Forefront Wealth Partners, LLC 0.41% 4,892 $982K
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 EXCHANGE-TRADED FD (FBT)

What does the Smart Money Trend signal show for FBT?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added FBT 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 FBT?

Slight buying edge — 55% buying: Last quarter: 121 funds bought or added vs 98 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 FBT holders?

Elite ownership — 49% AUM from top-100 funds: 18 of 262 holders are among the 100 largest funds by AUM, controlling 49% of total institutional value in FBT. 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 FBT?

66% of holders stayed for 2+ years: 174 out of 262 hedge funds have held FBT 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.