Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

FIRST TR EXCHANGE-TRADED FD (FXN)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +7
Streak
1Q ▲
Buyers last Q
41%

Smart Money Signals — FXN

Based on 114 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 FXN 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.
📊

High ownership — 78% of 3.0Y peak

78% of all-time peak
114 funds currently hold this stock — 78% of the 3.0-year high of 147 funds (reached 2023 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

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

More sellers than buyers — 41% buying

41 buying58 selling
Last quarter: 58 funds reduced or exited vs 41 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.
📈

More new buyers each quarter (+8 vs last Q)

new funds entering per quarter
Funds opening a new FXN position: 12 → 12 → 9 → 17. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

67% of holders stayed for 2+ years

■ 67% conviction (2yr+) ■ 18% medium ■ 16% new
76 out of 114 hedge funds have held FXN 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.
💎

Buying through price weakness — shares -23%, value -42%

Value
-42%
Shares
-22%
Last quarter: funds added -23% more shares while total portfolio value only changed -42%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~17 new funds/quarter

20 → 12 → 12 → 9 → 17 new funds/Q
New funds entering each quarter: 12 → 12 → 9 → 17. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 69% of holders stayed 2+ years

■ 69% veterans ■ 8% 1-2yr ■ 23% new
Of 114 current holders: 79 (69%) 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 — 65% AUM from top-100 funds

65% from top-100 AUM funds
14 of 114 holders are among the 100 largest funds by AUM, controlling 65% of total institutional value in FXN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.7
out of 10
Low Exit Risk
Exit risk score 2.7/10 — 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.

Hedge Fund Ownership: FXN

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

Market Analysis: FXN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FXN

-- --

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.

13 top-rated funds 0 high-conviction
Consensus
5.0
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: FXN
2026 Q1 Stats Unlock in 10 days 114 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 114 107 6.54%
13F Shares 8M 11M -22.92%
Total Value $138M $238M -42.21%
New Positions 17 9 +8
Increased Positions 24 24 -
Closed Positions 10 13 -3
Reduced Positions 48 50 -2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FXN

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Valuation Measures Data as of: --

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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
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Income Statement & Cash Flow
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Institutional Holders (2026 Q1)

114 + investors

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

Top 25 institutional holders of FXN — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Nilsine Partners, LLC 1.58% 939,896 $20.2M
2 Virtue Capital Management, LLC 1.24% 357,491 $8.1M
3 Crumly & Associates Inc. 0.91% 193,220 $4.3M
4 Davis Investment Partners, LLC 0.46% 58,397 $1.3M
5 Element Wealth, LLC 0.41% 44,718 $1.0M
6 COTTONWOOD CAPITAL ADVISORS, LLC 0.34% 21,283 $478K
7 TriaGen Wealth Management LLC 0.30% 49,595 $1.1M
8 Realta Investment Advisors 0.25% 32,616 $733K
9 TRUST CO OF OKLAHOMA 0.19% 28,487 $640K
10 HFG Advisors, Inc. 0.17% 10,991 $247K
11 Kesler, Norman & Wride, LLC 0.17% 43,383 $974K
12 NAVELLIER & ASSOCIATES INC 0.17% 71,385 $1.6M
13 Global View Capital Management LLC 0.16% 26,463 $594K
14 Ethos Financial Group, LLC 0.16% 94,707 $2.1M
15 1776 Wealth LLC 0.14% 16,400 $368K
16 MinichMacGregor Wealth Management, LLC 0.12% 30,862 $693K
17 JBR Co Financial Management Inc 0.12% 17,509 $288K
18 Hilton Head Capital Partners, LLC 0.10% 7,777 $175K
19 Nova Wealth Management, Inc. 0.09% 6,309 $142K
20 WEALTH EFFECTS LLC 0.09% 10,900 $245K
21 Merkkuri Wealth Advisors LLC 0.06% 3,852 $87K
22 OneAscent Financial Services LLC 0.06% 46,018 $1.0M
23 D.A. DAVIDSON & CO. 0.03% 251,057 $5.6M
24 Cambridge Investment Research Advisors, Inc. 0.02% 350,990 $8K
25 OPPENHEIMER & CO INC 0.02% 64,682 $1.5M
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 (FXN)

What does the Smart Money Trend signal show for FXN?

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

More sellers than buyers — 41% buying: Last quarter: 58 funds reduced or exited vs 41 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 FXN holders?

Elite ownership — 65% AUM from top-100 funds: 14 of 114 holders are among the 100 largest funds by AUM, controlling 65% of total institutional value in FXN. 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 FXN?

67% of holders stayed for 2+ years: 76 out of 114 hedge funds have held FXN 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.