Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

FIRST TR EXCHNG TRADED FD VI (MMLG)

33 + Investors. Track Smart Money conviction in MMLG. 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
↑ +4
Streak
1Q ▲
Buyers last Q
43%

Smart Money Signals — MMLG

Based on 34 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 MMLG 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 — 94% of 3.0Y peak

94% of all-time peak
34 funds currently hold this stock — 94% of the 3.0-year high of 36 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +6% more funds vs a year ago

fund count last 6Q
+2 new funds entered over the past year (+6% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 43% buying

12 buying16 selling
Last quarter: 16 funds reduced or exited vs 12 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.
➡️

Steady new buyers — ~5 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 4 → 4 → 2 → 5. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

56% of holders stayed for 2+ years

56% conviction (2yr+) 35% medium 9% new
19 out of 34 hedge funds have held MMLG 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 — ~5 new funds/quarter

6 → 4 → 4 → 2 → 5 new funds/Q
New funds entering each quarter: 4 → 4 → 2 → 5. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 50% of holders stayed 2+ years

50% veterans 29% 1-2yr 21% new
Of 34 current holders: 17 (50%) 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 — 30% AUM from major funds

30% from top-100 AUM funds
5 of 34 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — 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 — MMLG

In 2025 Q4, 12 hedge funds were net buyers of MMLG (5 opened a new position, 7 added to an existing one), while 16 reduced or exited (15 trimmed, 1 sold completely) — a 43% buyer ratio, indicating roughly balanced activity. 30% of total institutional value in MMLG is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +4 funds (more new holders than closures). Total institutional holders: 34.

Hedge Fund Ownership: MMLG

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

Market Analysis: MMLG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: MMLG

-- --

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

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

Signal Freshness measures how much MMLG 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
MMLG
+20.6%
SPY
+14.0%

MMLG outperformed SPY by +6.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 6d ago
MMLG
-0.7%
SPY
+0.3%

Since the filing became public, MMLG outperformed SPY by -1.0% .

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.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: MMLG
33 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 33 34 -2.94%
13F Shares 1M 1M -5.69%
Total Value $42M $53M -20.72%
New Positions 6 5 +1
Increased Positions 7 7 -
Closed Positions 7 1 +6
Reduced Positions 13 15 -2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: MMLG

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Institutional Holders (2026 Q1)

33 + investors

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

QUARTER:
Top 25 institutional holders of MMLG — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Aurora Private Wealth, Inc. 0.90% 35,558 $1K
2 CONSULTIVA WEALTH MANAGEMENT, CORP. 0.45% 5,000 $157K
3 TCFG WEALTH MANAGEMENT, LLC 0.33% 27,860 $873K
4 TCFG Investment Advisors, LLC 0.33% 27,860 $873K
5 ACTION POINT FINANCIAL PLANNING, LLC 0.22% 8,000 $251K
6 Hobart Private Capital, LLC 0.16% 26,491 $830K
7 Ausdal Financial Partners, Inc. 0.10% 71,479 $2.2M
8 Arax Advisory Partners 0.07% 84,416 $2.6M
9 Centric Wealth Management 0.06% 9,048 $320K
10 Gateway Wealth Partners, LLC 0.05% 43,234 $1.4M
11 OSAIC HOLDINGS, INC. 0.02% 371,240 $11.6M
12 KESTRA PRIVATE WEALTH SERVICES, LLC 0.02% 41,367 $1.3M
13 Tower Research Capital LLC (TRC) 0.02% 18,790 $589K
14 HARBOUR INVESTMENTS, INC. 0.01% 26,562 $833K
15 PRIVATE TRUST CO NA 0.01% 3,800 $119K
16 Davis Capital Management 0.01% 430 $13K
17 Western Wealth Management, LLC 0.01% 6,394 $200K
18 Caitlin John, LLC 0.01% 313 $10K
19 Keating Financial Advisory Services, Inc. 0.01% 1,067 $33K
20 Private Advisor Group, LLC 0.00% 32,675 $1.0M
21 Arkadios Wealth Advisors 0.00% 8,738 $274K
22 RFG Advisory, LLC 0.00% 7,111 $223K
23 Cetera Investment Advisers 0.00% 112,186 $3.5M
24 Equitable Holdings, Inc. 0.00% 15,493 $549K
25 Cambridge Investment Research Advisors, Inc. 0.00% 38,543 $1K
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 EXCHNG TRADED FD VI (MMLG)

What does the Smart Money Trend signal show for MMLG?

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

More sellers than buyers — 43% buying: Last quarter: 16 funds reduced or exited vs 12 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 MMLG holders?

Strong quality — 30% AUM from major funds: 5 of 34 holders rank in the top 100 by AUM, accounting for 30% 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 MMLG?

56% of holders stayed for 2+ years: 19 out of 34 hedge funds have held MMLG 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 EXCHNG TRADED FD VI (MMLG) following the 2026 Q1 hedge fund 13F filings?

As of today, MMLG has moved -0.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of -1.0%. Since the quarter end (March 31, 2026), MMLG has gained +20.6% 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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