Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Flexshares Tr (NFRA)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +9
Streak
3Q ▲
Buyers last Q
50%

Smart Money Signals — NFRA

Based on 130 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added NFRA 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
130 hedge funds hold NFRA 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 — +7% more funds vs a year ago

fund count last 6Q
+9 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 50% buying

52 buying51 selling
Last quarter: 52 funds bought or added vs 51 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~21 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 14 → 17 → 19 → 21. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

58% of holders stayed for 2+ years

■ 58% conviction (2yr+) ■ 22% medium ■ 21% new
75 out of 130 hedge funds have held NFRA 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

23 → 14 → 17 → 19 → 21 new funds/Q
New funds entering each quarter: 14 → 17 → 19 → 21. A growing number of institutions are discovering NFRA each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 62% veterans vs 25% newcomers

■ 62% veterans ■ 13% 1-2yr ■ 25% new
Entry-cohort mix of 130 holders: 80 (62%) are 2+ year veterans, 17 entered 1–2 years ago, and 33 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 85% AUM from top-100 funds

85% from top-100 AUM funds
16 of 130 holders are among the 100 largest funds by AUM, controlling 85% of total institutional value in NFRA. 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 — NFRA

In 2026 Q1, 52 hedge funds were net buyers of NFRA (21 opened a new position, 31 added to an existing one), while 51 reduced or exited (39 trimmed, 12 sold completely) — a 50% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 85% of total institutional value in NFRA is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +9 funds (more new holders than closures). Total institutional holders: 130.

Hedge Fund Ownership: NFRA

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

Market Analysis: NFRA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NFRA

-- --

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

Is It Too Late to Buy Flexshares Tr (NFRA) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NFRA has moved relative to its sector benchmark (SPY) since the 2026 Q2 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 June 30, 2026 · 47d ago
NFRA
+3.4%
SPY
+4.0%

NFRA outperformed SPY by -0.6% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 2d ago
NFRA
+0.0%
SPY
+0.0%

Since the filing became public, NFRA outperformed SPY by +0.0% .

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.

2 top-rated funds 2 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
2.2
/ 10
conviction
Hedge Fund Positioning: NFRA
2026 Q2 Stats Unlock in 3 days 130 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 130 120 8.33%
13F Shares 41M 43M -4.64%
Total Value $2.59B $2.57B 0.41%
New Positions 21 18 +3
Increased Positions 31 44 -13
Closed Positions 11 18 -7
Reduced Positions 39 27 +12
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NFRA

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

130 + investors

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

QUARTER:
2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 NFRA holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Capstone Financial Advisors, Inc. 7.34% 2,350,358 $150.7M
2 Alaska Wealth Advisors, LLC 5.66% 815,124 $52.3M
3 Alaska Permanent Capital Management, LLC 5.41% 1,293,348 $82.8M
4 United Bank 3.72% 190,983 $12.2M
5 Cornerstone National Bank & Trust Co 2.31% 107,515 $6.8M
6 Austin Wealth Management, LLC 1.46% 105,302 $6.9M
7 Boltwood Capital Management 1.24% 84,421 $5.4M
8 Steph & Co 1.07% 66,138 $4.2M
9 Entrewealth, LLC 1.05% 43,193 $2.8M
10 Missouri Trust & Investment Co 0.92% 52,230 $3.4M
11 Certuity, LLC 0.86% 271,415 $17.4M
12 Valued Retirements, Inc. 0.55% 9,623 $617K
13 Nbt Bank, N.A. 0.46% 109,039 $7.0M
14 Brio Consultants, LLC 0.30% 40,317 $2.6M
15 Endowment Wealth Management, Inc. 0.26% 10,300 $660K
16 VestGen Investment Management 0.22% 6,414 $411K
17 Wealth Architects, LLC 0.22% 42,915 $2.8M
18 Trace Wealth Advisors, LLC 0.19% 4,421 $283K
19 ORBA Wealth Advisors, L.L.C. 0.18% 3,265 $209K
20 REDW Wealth LLC 0.17% 7,199 $462K
21 Altfest L J & Co Inc 0.15% 24,873 $1.6M
22 TRB Wealth Management, LLC 0.15% 17,040 $1.1M
23 Instrumental Wealth, LLC 0.13% 4,150 $266K
24 White Wing Wealth Management 0.13% 3,938 $253K
25 Dorsey & Whitney Trust CO LLC 0.12% 37,809 $2.4M
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 — Flexshares Tr (NFRA)

What does the Smart Money Trend signal show for NFRA?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added NFRA 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 NFRA?

Slight buying edge — 50% buying: Last quarter: 52 funds bought or added vs 51 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for NFRA holders?

Elite ownership — 85% AUM from top-100 funds: 16 of 130 holders are among the 100 largest funds by AUM, controlling 85% of total institutional value in NFRA. 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 NFRA?

58% of holders stayed for 2+ years: 75 out of 130 hedge funds have held NFRA 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 Flexshares Tr (NFRA) following the 2026 Q2 hedge fund 13F filings?

As of today, NFRA has moved +0.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.0% for the SPY sector ETF — an outperformance of +0.0%. Since the quarter end (June 30, 2026), NFRA has gained +3.4% vs +4.0% 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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