Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

FIRST TR EXCH TRADED FD III (FTLS)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +21
Streak
1Q ▲
Buyers last Q
60%

Smart Money Signals — FTLS

Based on 238 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 FTLS 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
238 hedge funds hold FTLS 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 — +11% more funds vs a year ago

fund count last 6Q
+24 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 60% buying

142 buying94 selling
Last quarter: 142 funds were net buyers (34 opened a brand new position + 108 added to an existing one). Only 94 were sellers (81 trimmed + 13 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+12 vs last Q)

new funds entering per quarter
Funds opening a new FTLS position: 29 → 24 → 22 → 34. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

49% of holders stayed for 2+ years

■ 49% conviction (2yr+) ■ 32% medium ■ 19% new
116 out of 238 hedge funds have held FTLS 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 — ~34 new funds/quarter

44 → 29 → 24 → 22 → 34 new funds/Q
New funds entering each quarter: 29 → 24 → 22 → 34. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 49% of holders stayed 2+ years

■ 49% veterans ■ 20% 1-2yr ■ 31% new
Of 238 current holders: 116 (49%) 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 — 54% AUM from top-100 funds

54% from top-100 AUM funds
14 of 238 holders are among the 100 largest funds by AUM, controlling 54% of total institutional value in FTLS. 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.

Institutional Sentiment Summary — FTLS

In 2025 Q4, 142 hedge funds were net buyers of FTLS (34 opened a new position, 108 added to an existing one), while 94 reduced or exited (81 trimmed, 13 sold completely) — a 60% buyer ratio, indicating clear institutional accumulation. 54% of total institutional value in FTLS is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +21 funds (more new holders than closures). Total institutional holders: 238.

Hedge Fund Ownership: FTLS

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

Market Analysis: FTLS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FTLS

-- --

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.

17 top-rated funds 3 high-conviction
Consensus
5.5
/ 10
breadth
×
Elite
2.4
/ 10
conviction
Hedge Fund Positioning: FTLS
2026 Q1 Stats Unlock in 6 days 238 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 238 217 9.68%
13F Shares 24M 23M 7.54%
Total Value $1.73B $1.58B 9.45%
New Positions 34 22 +12
Increased Positions 108 98 +10
Closed Positions 13 24 -11
Reduced Positions 81 81 -
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FTLS

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)

238 + investors

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

Top 25 institutional holders of FTLS — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 EdgeRock Capital LLC 3.84% 201,486 $14.2M
2 Live Oak Investment Partners 3.80% 91,560 $6.4M
3 Stegent Equity Advisors, Inc. 3.07% 51,175 $3.6M
4 FOCUS Wealth Advisors, LLC 3.05% 88,810 $6.2M
5 Hobart Private Capital, LLC 2.82% 203,832 $14.3M
6 Proactive Wealth Strategies LLC 2.41% 182,051 $12.8M
7 Cornerstone Planning Group LLC 2.32% 235,621 $17.4M
8 LCNB CORP 2.14% 90,412 $6.4M
9 VIAWEALTH, LLC 2.08% 53,128 $3.7M
10 Centric Wealth Management 1.94% 132,533 $9.7M
11 LFA - Lugano Financial Advisors SA 1.86% 52,078 $3.7M
12 Center For Asset Management LLC 1.72% 49,229 $3.5M
13 Entelevest, LLC 1.13% 16,090 $1.1M
14 Prostatis Group LLC 1.10% 61,050 $4.3M
15 Financial Enhancement Group LLC 1.02% 114,226 $8.3M
16 Fiscal Wisdom Wealth Management, LLC 1.02% 15,078 $1.1M
17 Ethos Financial Group, LLC 0.97% 189,146 $13.3M
18 WealthPLAN Partners, LLC 0.95% 70,201 $4.9M
19 City Center Advisors, LLC 0.90% 13,821 $972K
20 Philip James Wealth Mangement, LLC 0.75% 92,448 $6.5M
21 Meadow Creek Wealth Advisors LLC 0.73% 16,103 $1.1M
22 Brio Consultants, LLC 0.73% 80,858 $6.0M
23 Richmond Investment Services, LLC 0.72% 63,524 $4.5M
24 SMART Wealth LLC 0.72% 34,755 $2.4M
25 CENTRAL TRUST Co 0.65% 468,069 $32.9M
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 EXCH TRADED FD III (FTLS)

What does the Smart Money Trend signal show for FTLS?

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

More buyers than sellers — 60% buying: Last quarter: 142 funds were net buyers (34 opened a brand new position + 108 added to an existing one). Only 94 were sellers (81 trimmed + 13 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for FTLS holders?

Elite ownership — 54% AUM from top-100 funds: 14 of 238 holders are among the 100 largest funds by AUM, controlling 54% of total institutional value in FTLS. 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 FTLS?

49% of holders stayed for 2+ years: 116 out of 238 hedge funds have held FTLS 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.