Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

FIRST TR EXCHANGE-TRADED FD (FDL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +24
Streak
1Q ▲
Buyers last Q
57%

Smart Money Signals — FDL

Based on 424 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 FDL 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
424 hedge funds hold FDL 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
+62 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.
🟡

Slight buying edge — 57% buying

223 buying171 selling
Last quarter: 223 funds bought or added vs 171 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 (+24 vs last Q)

new funds entering per quarter
Funds opening a new FDL position: 57 → 48 → 36 → 60. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

58% of holders stayed for 2+ years

■ 58% conviction (2yr+) ■ 24% medium ■ 18% new
245 out of 424 hedge funds have held FDL 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 — ~60 new funds/quarter

49 → 57 → 48 → 36 → 60 new funds/Q
New funds entering each quarter: 57 → 48 → 36 → 60. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 59% of holders stayed 2+ years

■ 59% veterans ■ 13% 1-2yr ■ 28% new
Of 424 current holders: 251 (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 — 51% AUM from top-100 funds

51% from top-100 AUM funds
16 of 424 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in FDL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — 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.

Hedge Fund Ownership: FDL

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

Market Analysis: FDL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FDL

-- --

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 8 high-conviction
Consensus
6.5
/ 10
breadth
×
Elite
3.7
/ 10
conviction
Hedge Fund Positioning: FDL
2026 Q1 Stats Unlock in 11 days 424 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 424 400 6.0%
13F Shares 81M 81M -0.17%
Total Value $3.58B $3.50B 2.25%
New Positions 60 36 +24
Increased Positions 163 177 -14
Closed Positions 36 42 -6
Reduced Positions 135 124 +11
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FDL

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

424 + investors

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

Top 25 institutional holders of FDL — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 HC Advisors, LLC 9.95% 292,704 $14.9M
2 Center for Wealth Management Advisory 9.31% 285,010 $12.6M
3 Del-Sette Capital Management, LLC 8.70% 286,124 $14.5M
4 Rockport Wealth LLC 8.19% 885,584 $45.0M
5 Randall & Associates Wealth Management 5.92% 172,881 $8.8M
6 Southland Equity Partners LLC 5.52% 557,532 $28.3M
7 Wisconsin Wealth Advisors, LLC 4.76% 95,163 $4.8M
8 Investors Research Corp 4.53% 321,226 $23.7M
9 HFG Advisors, Inc. 4.37% 122,254 $6.2M
10 Hidden Cove Wealth Management, LLC 4.19% 128,463 $6.5M
11 BlueChip Wealth Advisors LLC 3.78% 169,708 $8.6M
12 Csenge Advisory Group 3.65% 1,570,369 $79.8M
13 Compass Financial Services Inc 3.64% 165,278 $8.4M
14 Milestones Private Investment Advisors LLC 3.34% 74,621 $3.8M
15 Key Client Fiduciary Advisors, LLC 3.15% 182,600 $9.3M
16 MANCHESTER FINANCIAL INC 3.08% 315,646 $16.0M
17 PMG Wealth Management, Inc. 3.00% 81,869 $4.2M
18 Next Level Private LLC 2.89% 251,817 $12.8M
19 Hobart Private Capital, LLC 2.53% 253,181 $12.9M
20 Hershey Financial Advisers, LLC 2.48% 56,470 $2.9M
21 Elevation Capital Advisory, LLC 2.34% 108,285 $5.5M
22 BEACON FINANCIAL GROUP 2.17% 491,244 $21.8M
23 GENESIS PRIVATE WEALTH, LLC 1.88% 117,279 $6.0M
24 Wagner Wealth Management, Corp 1.82% 40,019 $2.0M
25 PERRYMAN FINANCIAL ADVISORY INC /AD 1.78% 233,339 $11.9M
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 (FDL)

What does the Smart Money Trend signal show for FDL?

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

Slight buying edge — 57% buying: Last quarter: 223 funds bought or added vs 171 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 FDL holders?

Elite ownership — 51% AUM from top-100 funds: 16 of 424 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in FDL. 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 FDL?

58% of holders stayed for 2+ years: 245 out of 424 hedge funds have held FDL 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.