Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Global X Fds (PAVE)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +92
Streak
5Q ▲
Buyers last Q
66%

Smart Money Signals — PAVE

Based on 826 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 PAVE 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
826 hedge funds hold PAVE 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 — +38% more funds vs a year ago

fund count last 6Q
+227 new funds entered over the past year (+38% 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

475 buying241 selling
Last quarter: 475 funds were net buyers (144 opened a brand new position + 331 added to an existing one). Only 241 were sellers (189 trimmed + 52 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+27 vs last Q)

new funds entering per quarter
Funds opening a new PAVE position: 64 → 110 → 117 → 144. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

48% of holders stayed for 2+ years

■ 48% conviction (2yr+) ■ 24% medium ■ 28% new
397 out of 826 hedge funds have held PAVE 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.
💎

Buying through price weakness — shares +13%, value -33%

Value
-33%
Shares
+12%
Last quarter: funds added +13% more shares while total portfolio value only changed -33%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

85 → 64 → 110 → 117 → 144 new funds/Q
New funds entering each quarter: 64 → 110 → 117 → 144. A growing number of institutions are discovering PAVE each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 52% veterans vs 33% newcomers

■ 52% veterans ■ 15% 1-2yr ■ 33% new
Entry-cohort mix of 831 holders: 436 (52%) are 2+ year veterans, 122 entered 1–2 years ago, and 273 (33%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 60% AUM from top-100 funds

60% from top-100 AUM funds
33 of 825 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in PAVE. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.2
out of 10
Moderate Exit Risk
Exit risk score 4.2/10 — 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 — PAVE

In 2026 Q2, 475 hedge funds were net buyers of PAVE (144 opened a new position, 331 added to an existing one), while 241 reduced or exited (189 trimmed, 52 sold completely) — a 66% buyer ratio, indicating clear institutional accumulation. This marks 5 consecutive quarters of net institutional buying — a persistent conviction signal. 60% of total institutional value in PAVE is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +92 funds (more new holders than closures). Total institutional holders: 826.

Hedge Fund Ownership: PAVE

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

Market Analysis: PAVE

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PAVE

-- --

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

Is It Too Late to Buy Global X Fds (PAVE) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PAVE 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 · 84d ago
PAVE
-9.9%
SPY
+3.3%

PAVE outperformed SPY by -13.2% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 39d ago
PAVE
-9.4%
SPY
-0.7%

Since the filing became public, PAVE outperformed SPY by -8.7% .

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.

26 top-rated funds 21 high-conviction
Consensus
6.2
/ 10
breadth
×
Elite
3.9
/ 10
conviction
Hedge Fund Positioning: PAVE
821 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 821 734 11.85%
13F Shares 176M 156M 12.87%
Total Value $9.54B $14.32B -33.38%
New Positions 141 117 +24
Increased Positions 330 307 +23
Closed Positions 53 57 -4
Reduced Positions 186 208 -22
Total Calls 4 5 -20.0%
Total Puts 2 2 -
PUT/CALL Ratio 0.5 0.4 Bullish

Statistics: PAVE

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

821 + investors

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

QUARTER:
Top 25 PAVE holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Guilbault Capital LLC 6.90% 116,676 $6.9M
2 Moss Adams Wealth Advisors LLC 6.81% 1,847,570 $109.0M
3 Symphony Financial Services, Inc. 5.77% 217,871 $12.8M
4 Waddell & Associates, LLC 5.73% 1,964,140 $115.7M
5 Thryve Wealth Management LLC 5.72% 173,705 $10.2M
6 360 Financial, Inc. 5.61% 374,735 $22.1M
7 Sage Capital Management, LLC 4.90% 213,126 $12.6M
8 Copley Financial Group, Inc. 4.83% 135,421 $8.0M
9 Provident Co of the Employees of the Hebrew University LTD 4.69% 103,955 $6.1M
10 Tenet Wealth Partners, LLC 4.42% 103,461 $5.9M
11 Evolution Wealth Advisors, LLC 4.20% 609,894 $35.9M
12 Chicago Wealth Management, Inc. 4.20% 200,760 $11.8M
13 Washington Growth Strategies LLC 4.12% 125,968 $7.4M
14 Adapt Wealth Advisors, LLC 4.06% 210,835 $12.4M
15 Retirement Planning Group, LLC / Ny 3.87% 120,474 $7.1M
16 Pacific Life Fund Advisors LLC 3.85% 594,414 $35.0M
17 Rockport Wealth LLC 3.64% 367,703 $21.7M
18 PMG Wealth Management, Inc. 3.59% 98,567 $5.8M
19 Riggs Asset Managment Co. Inc. 3.38% 321,358 $18.9M
20 Clarus Group, Inc. 3.37% 168,759 $9.9M
21 Mfa Wealth Advisors, LLC 3.29% 327,596 $19.3M
22 5th Street Advisors, LLC 3.28% 146,296 $8.6M
23 Waystone Advisors LLC 3.22% 73,223 $4.3M
24 Lake Hills Wealth Management, LLC 3.01% 112,343 $6.6M
25 Peck Wealth Management, LLC 2.83% 56,913 $3.4M
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 — Global X Fds (PAVE)

What does the Smart Money Trend signal show for PAVE?

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

More buyers than sellers — 66% buying: Last quarter: 475 funds were net buyers (144 opened a brand new position + 331 added to an existing one). Only 241 were sellers (189 trimmed + 52 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for PAVE holders?

Elite ownership — 60% AUM from top-100 funds: 33 of 825 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in PAVE. 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 PAVE?

48% of holders stayed for 2+ years: 397 out of 826 hedge funds have held PAVE 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 Global X Fds (PAVE) following the 2026 Q2 hedge fund 13F filings?

As of today, PAVE has moved -9.4% since the 2026 Q2 13F filing date (August 14, 2026), compared to -0.7% for the SPY sector ETF — an outperformance of -8.7%. Since the quarter end (June 30, 2026), PAVE has gained -9.9% vs +3.3% 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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