Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

FIRST TR EXCH TRD ALPHDX FD (FJP)

86 + Investors. Track Smart Money conviction in FJP. 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
↑ +8
Streak
1Q ▲
Buyers last Q
58%

Smart Money Signals — FJP

Based on 74 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 FJP 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 (97% of max)

97% of all-time peak
74 hedge funds hold FJP 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.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding FJP is almost the same as a year ago (+2 funds, +3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 58% buying

41 buying30 selling
Last quarter: 41 funds bought or added vs 30 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.
➡️

Steady new buyers — ~12 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 11 → 14 → 7 → 12. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

57% of holders stayed for 2+ years

57% conviction (2yr+) 24% medium 19% new
42 out of 74 hedge funds have held FJP 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.
📊

Peak discovery — momentum slowing

18 → 11 → 14 → 7 → 12 new funds/Q
New funds entering each quarter: 11 → 14 → 7 → 12. FJP is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Deep conviction — 58% of holders stayed 2+ years

58% veterans 11% 1-2yr 31% new
Of 74 current holders: 43 (58%) 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.

Strong quality — 29% AUM from major funds

29% from top-100 AUM funds
10 of 74 holders rank in the top 100 by AUM, accounting for 29% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — 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 — FJP

In 2025 Q4, 41 hedge funds were net buyers of FJP (12 opened a new position, 29 added to an existing one), while 30 reduced or exited (26 trimmed, 4 sold completely) — a 58% buyer ratio, indicating a slight buying edge. 29% of total institutional value in FJP is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +8 funds (more new holders than closures). Total institutional holders: 74.

Hedge Fund Ownership: FJP

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

Market Analysis: FJP

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FJP

-- --

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

Is It Too Late to Buy FIRST TR EXCH TRD ALPHDX FD (FJP) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much FJP 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 · 51d ago
FJP
+8.5%
SPY
+14.0%

FJP outperformed SPY by -5.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 6d ago
FJP
-5.5%
SPY
+0.3%

Since the filing became public, FJP outperformed SPY by -5.8% .

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.

4 top-rated funds 0 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.7
/ 10
conviction
Hedge Fund Positioning: FJP
86 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 86 74 16.22%
13F Shares 3M 3M 0.87%
Total Value $184M $176M 4.98%
New Positions 22 12 +10
Increased Positions 31 29 +2
Closed Positions 10 4 +6
Reduced Positions 28 26 +2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FJP

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Institutional Holders (2026 Q1)

86 + investors

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

QUARTER:
Top 25 institutional holders of FJP — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Holistic Financial Partners 1.87% 69,247 $5.0M
2 Pacific Excel Wealth Advisors, Inc. 0.71% 9,342 $678K
3 American Institute for Advanced Investment Management, LLP 0.56% 11,810 $857K
4 COTTONWOOD CAPITAL ADVISORS, LLC 0.42% 8,300 $603K
5 IAMS WEALTH MANAGEMENT, LLC 0.19% 7,606 $552K
6 Transamerica Financial Advisors, LLC 0.17% 26,820 $1.9M
7 BlueChip Wealth Advisors LLC 0.13% 4,075 $296K
8 Pinnacle Family Advisors, LLC 0.13% 3,742 $272K
9 PURSUE WEALTH PARTNERS LLC 0.12% 2,803 $203K
10 BFI Infinity Ltd. 0.12% 2,968 $215K
11 Gateway Wealth Partners, LLC 0.11% 37,752 $2.7M
12 FSB PREMIER WEALTH MANAGEMENT, INC. 0.08% 3,438 $250K
13 OSAIC HOLDINGS, INC. 0.08% 735,733 $53.4M
14 HBW ADVISORY SERVICES LLC 0.07% 9,202 $668K
15 OneAscent Financial Services LLC 0.05% 12,723 $924K
16 ABLE Financial Group, LLC 0.05% 3,225 $234K
17 LaSalle St. Investment Advisors, LLC 0.04% 4,246 $308K
18 Triad Wealth Partners, LLC 0.04% 7,169 $520K
19 IFP Advisors, Inc 0.04% 24,936 $1.8M
20 CoreCap Advisors, LLC 0.04% 14,550 $1.1M
21 Rathbones Group PLC 0.03% 96,225 $7.0M
22 Prospera Financial Services Inc 0.03% 25,279 $1.8M
23 Snowden Capital Advisors LLC 0.03% 14,217 $1.0M
24 BENJAMIN EDWARDS INC 0.03% 37,644 $2.7M
25 NOVEM GROUP 0.02% 2,934 $213K
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 EXCH TRD ALPHDX FD (FJP)

What does the Smart Money Trend signal show for FJP?

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

Slight buying edge — 58% buying: Last quarter: 41 funds bought or added vs 30 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 FJP holders?

Strong quality — 29% AUM from major funds: 10 of 74 holders rank in the top 100 by AUM, accounting for 29% 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 FJP?

57% of holders stayed for 2+ years: 42 out of 74 hedge funds have held FJP 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 FIRST TR EXCH TRD ALPHDX FD (FJP) following the 2026 Q1 hedge fund 13F filings?

As of today, FJP has moved -5.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of -5.8%. Since the quarter end (March 31, 2026), FJP has gained +8.5% vs +14.0% 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.

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