Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

FIRST TR EXCHANGE TRADED FD (LEGR)

65 + Investors. Track Smart Money conviction in LEGR. 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
2Q ▲
Buyers last Q
66%

Smart Money Signals — LEGR

Based on 65 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added LEGR 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
65 hedge funds hold LEGR 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.
🚀

Fast accumulation — +23% more funds vs a year ago

fund count last 6Q
+12 new funds entered over the past year (+23% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 66% buying

33 buying17 selling
Last quarter: 33 funds were net buyers (12 opened a brand new position + 21 added to an existing one). Only 17 were sellers (13 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~12 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 6 → 5 → 9 → 12. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

60% of holders stayed for 2+ years

60% conviction (2yr+) 17% medium 23% new
39 out of 65 hedge funds have held LEGR 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.
📈

Growing discovery — still being found

5 → 6 → 5 → 9 → 12 new funds/Q
New funds entering each quarter: 6 → 5 → 9 → 12. A growing number of institutions are discovering LEGR each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 62% of holders stayed 2+ years

62% veterans 14% 1-2yr 25% new
Of 65 current holders: 40 (62%) 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 — 41% AUM from top-100 funds

41% from top-100 AUM funds
11 of 65 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in LEGR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — 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 — LEGR

In 2026 Q1, 33 hedge funds were net buyers of LEGR (12 opened a new position, 21 added to an existing one), while 17 reduced or exited (13 trimmed, 4 sold completely) — a 66% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. 41% of total institutional value in LEGR is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +8 funds (more new holders than closures). Total institutional holders: 65.

Hedge Fund Ownership: LEGR

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

Market Analysis: LEGR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: LEGR

-- --

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

Is It Too Late to Buy FIRST TR EXCHANGE TRADED FD (LEGR) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much LEGR 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
LEGR
+14.0%
SPY
+14.0%

LEGR outperformed SPY by +0.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 6d ago
LEGR
+2.1%
SPY
+0.3%

Since the filing became public, LEGR outperformed SPY by +1.8% .

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.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.3
/ 10
conviction
Hedge Fund Positioning: LEGR
65 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 65 57 14.04%
13F Shares 857K 934K -8.19%
Total Value $49M $56M -11.94%
New Positions 12 9 +3
Increased Positions 21 19 +2
Closed Positions 4 6 -2
Reduced Positions 13 16 -3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: LEGR

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Institutional Holders (2026 Q1)

65 + investors

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

QUARTER:
Top 25 institutional holders of LEGR — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Benson Wealth Management INC 0.81% 10,191 $589K
2 FLAGSTAR ADVISORS INC 0.25% 12,048 $696K
3 WealthCare Investment Partners, LLC 0.17% 10,753 $623K
4 KINGSWOOD WEALTH ADVISORS, LLC 0.17% 61,476 $3.6M
5 CPR Investments Inc. 0.17% 4,332 $250K
6 CRUX WEALTH ADVISORS 0.10% 4,407 $255K
7 Vertex Planning Partners, LLC 0.04% 3,500 $202K
8 TWIN PEAKS WEALTH ADVISORS, LLC 0.01% 1,031 $60K
9 BENJAMIN EDWARDS INC 0.01% 25,459 $1.5M
10 FLPUTNAM INVESTMENT MANAGEMENT CO 0.01% 16,578 $958K
11 Belpointe Asset Management LLC 0.01% 6,547 $378K
12 Financial Engines Advisors L.L.C. 0.01% 108,140 $6.2M
13 OPPENHEIMER ASSET MANAGEMENT INC. 0.01% 16,078 $929K
14 Steward Partners Investment Advisory, LLC 0.01% 33,054 $1.9M
15 Capital Investment Advisory Services, LLC 0.01% 2,058 $119K
16 Sound Income Strategies, LLC 0.01% 2,662 $155K
17 PFS Partners, LLC 0.01% 242 $14K
18 Equitable Holdings, Inc. 0.01% 13,902 $827K
19 GUARDIAN WEALTH ADVISORS, LLC / NC 0.01% 1,423 $82K
20 Western Wealth Management, LLC 0.01% 2,443 $141K
21 Strive Financial Group ,LLC 0.00% 147 $8K
22 Strengthening Families & Communities, LLC 0.00% 266 $15K
23 Vontobel Holding Ltd. 0.00% 18,000 $1.0M
24 Prospera Financial Services Inc 0.00% 3,615 $209K
25 Ashton Thomas Private Wealth, LLC 0.00% 1,838 $106K
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 (LEGR)

What does the Smart Money Trend signal show for LEGR?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added LEGR 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 LEGR?

More buyers than sellers — 66% buying: Last quarter: 33 funds were net buyers (12 opened a brand new position + 21 added to an existing one). Only 17 were sellers (13 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for LEGR holders?

Elite ownership — 41% AUM from top-100 funds: 11 of 65 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in LEGR. 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 LEGR?

60% of holders stayed for 2+ years: 39 out of 65 hedge funds have held LEGR 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 EXCHANGE TRADED FD (LEGR) following the 2026 Q1 hedge fund 13F filings?

As of today, LEGR has moved +2.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of +1.8%. Since the quarter end (March 31, 2026), LEGR has gained +14.0% 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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