Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

FIRST TR EXCH TRADED FD III (FSMB)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +12
Streak
1Q ▲
Buyers last Q
63%

Smart Money Signals — FSMB

Based on 136 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 FSMB 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
136 hedge funds hold FSMB 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 — +7% more funds vs a year ago

fund count last 6Q
+9 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 63% buying

80 buying47 selling
Last quarter: 80 funds were net buyers (26 opened a brand new position + 54 added to an existing one). Only 47 were sellers (33 trimmed + 14 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+14 vs last Q)

new funds entering per quarter
Funds opening a new FSMB position: 11 → 13 → 12 → 26. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 19% medium ■ 24% new
78 out of 136 hedge funds have held FSMB 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 → 11 → 13 → 12 → 26 new funds/Q
New funds entering each quarter: 11 → 13 → 12 → 26. 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 — 57% of holders stayed 2+ years

■ 57% veterans ■ 15% 1-2yr ■ 27% new
Of 136 current holders: 78 (57%) 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 — 39% AUM from major funds

39% from top-100 AUM funds
8 of 136 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — 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 — FSMB

In 2025 Q4, 80 hedge funds were net buyers of FSMB (26 opened a new position, 54 added to an existing one), while 47 reduced or exited (33 trimmed, 14 sold completely) — a 63% buyer ratio, indicating clear institutional accumulation. 39% of total institutional value in FSMB is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +12 funds (more new holders than closures). Total institutional holders: 136.

Hedge Fund Ownership: FSMB

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

Market Analysis: FSMB

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FSMB

-- --

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.

8 top-rated funds 3 high-conviction
Consensus
4.1
/ 10
breadth
×
Elite
2.4
/ 10
conviction
Hedge Fund Positioning: FSMB
2026 Q1 Stats Unlock in 1 days 134 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 134 123 8.94%
13F Shares 21M 19M 6.48%
Total Value $412M $364M 13.28%
New Positions 25 12 +13
Increased Positions 54 54 -
Closed Positions 14 12 +2
Reduced Positions 32 31 +1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FSMB

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

134 + investors

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

QUARTER:
Top 25 institutional holders of FSMB — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 PFS Partners, LLC 6.27% 685,295 $13.7M
2 TRUE BLUE FINANCIAL, LLC 3.32% 211,162 $4.2M
3 EnRich Financial Partners LLC 2.20% 415,619 $8.3M
4 RMR Wealth Builders 1.69% 1,077,267 $21.5M
5 Francis Financial, Inc. 1.32% 357,351 $7.1M
6 ARBOR CAPITAL MANAGEMENT INC /ADV 1.14% 69,644 $1.4M
7 Insight Inv LLC 0.95% 86,810 $1.7M
8 Per Stirling Capital Management, LLC. 0.66% 298,162 $6.0M
9 TruWealth Advisors, LLC 0.64% 668,643 $13.3M
10 STONEHAVEN WEALTH & TAX SOLUTIONS, LLC 0.62% 35,264 $704K
11 GENESIS PRIVATE WEALTH, LLC 0.46% 72,668 $1.5M
12 Nilsine Partners, LLC 0.44% 282,049 $5.6M
13 CONDOR CAPITAL MANAGEMENT 0.41% 248,646 $5.0M
14 AVAII WEALTH MANAGEMENT, LLC 0.38% 55,164 $1.1M
15 CAPITAL FINANCIAL GROUP INC\CO\ /ADV 0.34% 30,900 $617K
16 CASTLE WEALTH MANAGEMENT LLC 0.34% 51,942 $1.0M
17 FSB PREMIER WEALTH MANAGEMENT, INC. 0.31% 49,988 $998K
18 Hobart Private Capital, LLC 0.26% 66,872 $1.3M
19 TRUST CO OF OKLAHOMA 0.19% 33,343 $666K
20 Gateway Wealth Partners, LLC 0.18% 234,040 $4.7M
21 ONE PLUS ONE WEALTH MANAGEMENT, LLC 0.18% 21,119 $422K
22 NewEdge Advisors, LLC 0.16% 379,463 $3.4M
23 Eldridge Investment Advisors, Inc. 0.14% 31,491 $629K
24 FORONJY FINANCIAL LLC 0.13% 15,757 $315K
25 Occidental Asset Management, LLC 0.10% 44,111 $880K
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 TRADED FD III (FSMB)

What does the Smart Money Trend signal show for FSMB?

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

More buyers than sellers — 63% buying: Last quarter: 80 funds were net buyers (26 opened a brand new position + 54 added to an existing one). Only 47 were sellers (33 trimmed + 14 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for FSMB holders?

Strong quality — 39% AUM from major funds: 8 of 136 holders rank in the top 100 by AUM, accounting for 39% 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 FSMB?

57% of holders stayed for 2+ years: 78 out of 136 hedge funds have held FSMB 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.