Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Ultimus Managers Tr (MDST)

38 + Investors. Track Smart Money conviction in MDST. 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
↑ +7
Streak
5Q ▲
Buyers last Q
73%

Smart Money Signals — MDST

Based on 38 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 5 quarters in a row

last 6Q
For 5 consecutive quarters, more hedge funds added MDST 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
38 hedge funds hold MDST right now — the highest count in 2.2 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 — +245% more funds vs a year ago

fund count last 6Q
+27 new funds entered over the past year (+245% 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 — 73% buying

27 buying10 selling
Last quarter: 27 funds were net buyers (10 opened a brand new position + 17 added to an existing one). Only 10 were sellers (7 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~10 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 13 → 8 → 8 → 10. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 53% entered in last year

3% conviction (2yr+) 45% medium 53% new
Only 1 funds (3%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
➡️

Steady discovery — ~10 new funds/quarter

5 → 13 → 8 → 8 → 10 new funds/Q
New funds entering each quarter: 13 → 8 → 8 → 10. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱

Early stage — 76% of holders entered in last year

0% veterans 24% 1-2yr 76% new
Of 38 current holders: 29 (76%) entered in the past year, only 0 (0%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
🏆

Elite ownership — 41% AUM from top-100 funds

41% from top-100 AUM funds
7 of 38 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in MDST. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
5.9
out of 10
Moderate Exit Risk
Exit risk score 5.9/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 — MDST

In 2026 Q2, 27 hedge funds were net buyers of MDST (10 opened a new position, 17 added to an existing one), while 10 reduced or exited (7 trimmed, 3 sold completely) — a 73% buyer ratio, indicating clear institutional accumulation. This marks 5 consecutive quarters of net institutional buying — a persistent conviction signal. 41% of total institutional value in MDST is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +7 funds (more new holders than closures). Total institutional holders: 38.

Hedge Fund Ownership: MDST

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

Market Analysis: MDST

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: MDST

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

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

2 top-rated funds 1 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: MDST
38 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 38 31 22.58%
13F Shares 5M 4M 22.21%
Total Value $141M $114M 23.34%
New Positions 10 8 +2
Increased Positions 17 13 +4
Closed Positions 3 2 +1
Reduced Positions 7 6 +1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: MDST

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Institutional Holders (2026 Q2)

38 + investors

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

QUARTER:
Top 25 MDST holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Miller Global Investments, LLC 2.72% 113,986 $3.3M
2 Garden State Investment Advisory Services LLC 0.47% 90,325 $2.6M
3 Shepherd Kaplan Krochuk, LLC 0.40% 17,468 $504K
4 Westwood Holdings Group Inc 0.34% 1,581,549 $45.6M
5 North Star Investment Management Corp. 0.34% 217,786 $6.3M
6 Clear Trail Advisors, LLC 0.28% 62,639 $1.8M
7 Tandem Financial, LLC 0.22% 25,103 $729K
8 Chicago Partners Investment Group LLC 0.12% 196,857 $5.9M
9 Tactive Advisors, LLC 0.09% 12,486 $360K
10 Silver Oak Securities, Incorporated 0.03% 15,912 $459K
11 Wealthcare Advisory Partners LLC 0.02% 43,259 $1.2M
12 Founders Financial Alliance, LLC 0.02% 5,656 $163K
13 Old Mission Capital LLC 0.01% 26,186 $755K
14 Avidian Wealth Enterprises, LLC 0.01% 11,545 $333K
15 Rockefeller Capital Management L.P. 0.01% 202,455 $5.8M
16 Oppenheimer & Co Inc 0.01% 28,879 $833K
17 LPL Financial LLC 0.01% 1,179,517 $34.0M
18 Stifel Financial Corp 0.00% 158,829 $4.6M
19 Commonwealth Equity Services, LLC 0.00% 88,629 $2.6M
20 Steward Partners Investment Advisory, LLC 0.00% 19,772 $570K
21 Parallel Advisors, LLC 0.00% 5,600 $161K
22 Chilton Capital Management LLC 0.00% 2,000 $58K
23 Private Trust Co NA 0.00% 726 $21K
24 Osaic Holdings, INC. 0.00% 43,351 $1.3M
25 Equitable Holdings, Inc. 0.00% 7,009 $202K
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 — Ultimus Managers Tr (MDST)

What does the Smart Money Trend signal show for MDST?

Buying streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds added MDST 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 MDST?

More buyers than sellers — 73% buying: Last quarter: 27 funds were net buyers (10 opened a brand new position + 17 added to an existing one). Only 10 were sellers (7 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for MDST holders?

Elite ownership — 41% AUM from top-100 funds: 7 of 38 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in MDST. 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 MDST?

Mostly new holders — 53% entered in last year: Only 1 funds (3%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

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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