Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

First Tr Exch Trd Alphdx Fd (NFTY)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -9
Streak
1Q ▼
Buyers last Q
34%

Smart Money Signals — NFTY

Based on 58 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their NFTY positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 74% of 3.0Y peak

74% of all-time peak
58 funds currently hold this stock — 74% of the 3.0-year high of 78 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 11% fewer funds vs a year ago

fund count last 6Q
7 fewer hedge funds hold NFTY compared to a year ago (-11% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🔴

Heavy selling pressure — only 34% buying

20 buying39 selling
Last quarter: 39 funds sold vs only 20 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~3 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 13 → 7 → 8 → 3. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

48% of holders stayed for 2+ years

■ 48% conviction (2yr+) ■ 33% medium ■ 19% new
28 out of 58 hedge funds have held NFTY 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.
⚠️

Saturation — most institutions already know this story

5 → 13 → 7 → 8 → 3 new funds/Q
New funds entering each quarter: 13 → 7 → 8 → 3. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.
🏛️

Veteran-anchored — 47% veterans vs 26% newcomers

■ 47% veterans ■ 28% 1-2yr ■ 26% new
Entry-cohort mix of 58 holders: 27 (47%) are 2+ year veterans, 16 entered 1–2 years ago, and 15 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 21% AUM from major funds

21% from top-100 AUM funds
9 of 58 holders rank in the top 100 by AUM, accounting for 21% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.0
out of 10
Low Exit Risk
Exit risk score 3.0/10 — 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 — NFTY

In 2026 Q1, 20 hedge funds were net buyers of NFTY (3 opened a new position, 17 added to an existing one), while 39 reduced or exited (27 trimmed, 12 sold completely) — a 34% buyer ratio, indicating net institutional distribution. 21% of total institutional value in NFTY is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -9 funds (more exits than new entries). Total institutional holders: 58.

Hedge Fund Ownership: NFTY

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

Market Analysis: NFTY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NFTY

-- --

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

Is It Too Late to Buy First Tr Exch Trd Alphdx Fd (NFTY) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NFTY 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 · 85d ago
NFTY
+5.4%
SPY
+14.9%

NFTY outperformed SPY by -9.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 40d ago
NFTY
+2.6%
SPY
+1.1%

Since the filing became public, NFTY outperformed SPY by +1.5% .

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 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: NFTY
57 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 57 67 -14.93%
13F Shares 1M 2M -5.53%
Total Value $73M $90M -18.66%
New Positions 3 8 -5
Increased Positions 16 22 -6
Closed Positions 13 5 +8
Reduced Positions 27 30 -3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NFTY

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
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
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

57 + investors

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

QUARTER:
Top 25 NFTY holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Crumly & Associates Inc. 3.05% 282,009 $14.5M
2 Merkkuri Wealth Advisors LLC 1.21% 35,391 $1.8M
3 Purus Wealth Management, LLC 0.58% 35,379 $1.8M
4 Archer Investment Corp 0.56% 50,967 $2.6M
5 Cottonwood Capital Advisors, LLC 0.55% 15,045 $775K
6 Private Client Services, LLC 0.52% 33,475 $1.7M
7 Castlekeep Investment Advisors LLC 0.35% 12,495 $643K
8 Prasad Wealth Partners, LLC 0.16% 11,381 $586K
9 Old Mission Capital LLC 0.11% 136,375 $7.0M
10 Geneos Wealth Management Inc. 0.11% 89,768 $4.6M
11 StoneX Group Inc. 0.07% 26,976 $1.4M
12 IHT Wealth Management, LLC 0.07% 55,209 $2.8M
13 Pine Valley Investments Ltd Liability Co 0.05% 20,053 $1.0M
14 Summit Wealth Partners, LLC 0.04% 5,418 $279K
15 Clear Creek Financial Management, LLC 0.03% 8,746 $450K
16 Ameritas Investment Partners, Inc. 0.03% 19,304 $994K
17 Moors & Cabot, Inc. 0.03% 12,396 $638K
18 Gateway Wealth Partners, LLC 0.02% 8,576 $442K
19 Triad Wealth Partners, LLC 0.02% 4,091 $211K
20 CNB Bank 0.01% 650 $33K
21 Twin Peaks Wealth Advisors, LLC 0.01% 866 $45K
22 Equitable Holdings, Inc. 0.01% 26,625 $1.6M
23 Cetera Investment Advisers 0.01% 133,934 $6.9M
24 Atlantic Union Bankshares Corp 0.01% 6,550 $337K
25 Western Wealth Management, LLC 0.01% 3,438 $177K
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 Exch Trd Alphdx Fd (NFTY)

What does the Smart Money Trend signal show for NFTY?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their NFTY positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for NFTY?

Heavy selling pressure — only 34% buying: Last quarter: 39 funds sold vs only 20 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for NFTY holders?

Strong quality — 21% AUM from major funds: 9 of 58 holders rank in the top 100 by AUM, accounting for 21% 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 NFTY?

48% of holders stayed for 2+ years: 28 out of 58 hedge funds have held NFTY 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 Exch Trd Alphdx Fd (NFTY) following the 2026 Q1 hedge fund 13F filings?

As of today, NFTY has moved +2.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.1% for the SPY sector ETF — an outperformance of +1.5%. Since the quarter end (March 31, 2026), NFTY has gained +5.4% vs +14.9% 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.

Full history →