Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

First Tr Sr Fltg Rate Income (FCT)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +2
Streak
3Q ▲
Buyers last Q
49%

Smart Money Signals — FCT

Based on 89 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 FCT 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
89 hedge funds hold FCT 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 — +16% more funds vs a year ago

fund count last 6Q
+12 new funds entered over the past year (+16% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 49% buying

37 buying38 selling
Last quarter: 38 funds reduced or exited vs 37 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~14 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 10 → 18 → 13 → 14. 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+) ■ 28% medium ■ 24% new
43 out of 89 hedge funds have held FCT 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 — ~14 new funds/quarter

14 → 10 → 18 → 13 → 14 new funds/Q
New funds entering each quarter: 10 → 18 → 13 → 14. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 58% veterans vs 29% newcomers

■ 58% veterans ■ 12% 1-2yr ■ 29% new
Entry-cohort mix of 89 holders: 52 (58%) are 2+ year veterans, 11 entered 1–2 years ago, and 26 (29%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 44% AUM from top-100 funds

44% from top-100 AUM funds
11 of 89 holders are among the 100 largest funds by AUM, controlling 44% of total institutional value in FCT. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — 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 — FCT

In 2026 Q2, 37 hedge funds were net buyers of FCT (14 opened a new position, 23 added to an existing one), while 38 reduced or exited (26 trimmed, 12 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 44% of total institutional value in FCT is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 89.

Hedge Fund Ownership: FCT

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

Market Analysis: FCT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FCT

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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.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: FCT
89 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 89 87 2.3%
13F Shares 9M 9M -1.17%
Total Value $74M $77M -3.07%
New Positions 14 13 +1
Increased Positions 23 20 +3
Closed Positions 12 12 -
Reduced Positions 26 31 -5
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FCT

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Institutional Holders (2026 Q2)

89 + investors

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

QUARTER:
Top 25 FCT holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Almitas Capital LLC 1.08% 466,072 $4.5M
2 Logan Stone Capital, LLC 0.33% 161,408 $1.6M
3 Edgemoor Investment Advisors, Inc. 0.32% 481,824 $4.7M
4 Genesis Financial Group, LLC 0.25% 40,057 $387K
5 Verity Asset Management, Inc. 0.25% 68,826 $665K
6 Hourglass Capital, LLC 0.20% 95,800 $925K
7 Everstar Asset Management, LLC 0.19% 40,545 $392K
8 Yakira Capital Management, Inc. 0.13% 48,783 $471K
9 Beverly Hills Private Wealth, LLC 0.13% 71,217 $688K
10 Advisory Advocates, LLC 0.10% 12,600 $122K
11 Helium Advisors LLC 0.10% 12,737 $123K
12 Virtus Investment Advisers, LLC 0.09% 40,444 $391K
13 Advisors Asset Management, Inc. 0.09% 582,569 $5.6M
14 Strategic Financial Concepts, LLC 0.08% 26,200 $253K
15 Absolute Investment Advisers, LLC 0.06% 66,089 $638K
16 1607 Capital Partners, LLC 0.06% 65,892 $637K
17 Advisory Solutions Group, LLC 0.05% 16,340 $158K
18 Sunpointe, LLC 0.05% 17,697 $171K
19 International Assets Investment Management, LLC 0.04% 72,261 $694K
20 Css LLC/Il 0.04% 106,858 $1.0M
21 Shufro Rose & Co LLC 0.03% 62,300 $602K
22 WESCAP Management Group, Inc. 0.03% 18,111 $175K
23 Alteri Wealth LLC 0.03% 10,370 $100K
24 Quarry LP 0.02% 27,306 $264K
25 SeaCrest Wealth Management, LLC 0.02% 19,367 $187K
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 Sr Fltg Rate Income (FCT)

What does the Smart Money Trend signal show for FCT?

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

More sellers than buyers — 49% buying: Last quarter: 38 funds reduced or exited vs 37 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for FCT holders?

Elite ownership — 44% AUM from top-100 funds: 11 of 89 holders are among the 100 largest funds by AUM, controlling 44% of total institutional value in FCT. 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 FCT?

48% of holders stayed for 2+ years: 43 out of 89 hedge funds have held FCT 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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