Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

FIRST TR EXCHANGE-TRADED FD (QABA)

43 + Investors. Track Smart Money conviction in QABA. 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
→ 0
Streak
1Q —
Buyers last Q
46%

Smart Money Signals — QABA

Based on 43 hedge funds · latest filing: 2026 Q1 · updated quarterly

➡️

No change last quarter

last 6Q
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
📊

High ownership — 93% of 3.0Y peak

93% of all-time peak
43 funds currently hold this stock — 93% of the 3.0-year high of 46 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding QABA is almost the same as a year ago (-1 funds, -2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 46% buying

17 buying20 selling
Last quarter: 20 funds reduced or exited vs 17 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 — ~6 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 9 → 4 → 7 → 6. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

63% of holders stayed for 2+ years

63% conviction (2yr+) 21% medium 16% new
27 out of 43 hedge funds have held QABA 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 — ~6 new funds/quarter

6 → 9 → 4 → 7 → 6 new funds/Q
New funds entering each quarter: 9 → 4 → 7 → 6. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 74% of holders stayed 2+ years

74% veterans 5% 1-2yr 21% new
Of 43 current holders: 32 (74%) 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.
🏆

Elite ownership — 73% AUM from top-100 funds

73% from top-100 AUM funds
10 of 43 holders are among the 100 largest funds by AUM, controlling 73% of total institutional value in QABA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.3
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 — QABA

In 2026 Q1, 17 hedge funds were net buyers of QABA (6 opened a new position, 11 added to an existing one), while 20 reduced or exited (14 trimmed, 6 sold completely) — a 46% buyer ratio, indicating roughly balanced activity. 73% of total institutional value in QABA is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 43.

Hedge Fund Ownership: QABA

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

Market Analysis: QABA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: QABA

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

Is It Too Late to Buy FIRST TR EXCHANGE-TRADED FD (QABA) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much QABA 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 · 50d ago
QABA
+12.9%
SPY
+42.5%

QABA outperformed SPY by -29.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 5d ago
QABA
+3.6%
SPY
-1.8%

Since the filing became public, QABA outperformed SPY by +5.4% .

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.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.3
/ 10
conviction
Hedge Fund Positioning: QABA
43 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 43 43 -
13F Shares 680K 809K -15.84%
Total Value $37M $46M -18.58%
New Positions 6 7 -1
Increased Positions 11 7 +4
Closed Positions 6 9 -3
Reduced Positions 14 18 -4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: QABA

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Institutional Holders (2026 Q1)

43 + investors

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

QUARTER:
Top 25 institutional holders of QABA — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Lumbard & Kellner, LLC 1.16% 57,613 $3.4M
2 Cutler Capital Management, LLC 0.16% 10,207 $594K
3 SIGNET FINANCIAL MANAGEMENT, LLC 0.06% 8,929 $520K
4 Virtu Financial LLC 0.05% 20,700 $1K
5 Merkkuri Wealth Advisors LLC 0.04% 1,016 $59K
6 Dunhill Financial, LLC 0.02% 1,712 $100K
7 SPINNAKER TRUST 0.02% 5,745 $335K
8 Greenwich Wealth Management LLC 0.02% 6,994
9 Sound Income Strategies, LLC 0.01% 4,784 $282K
10 GAMCO INVESTORS, INC. ET AL 0.01% 15,850 $923K
11 SRH ADVISORS, LLC 0.01% 460 $27K
12 Summit Financial, LLC 0.01% 8,929 $520K
13 HHM Wealth Advisors, LLC 0.01% 785 $46K
14 Independence Bank of Kentucky 0.00% 500 $29K
15 HARBOUR INVESTMENTS, INC. 0.00% 2,324 $135K
16 Cambridge Investment Research Advisors, Inc. 0.00% 12,247
17 Waverly Advisors, LLC 0.00% 3,500 $204K
18 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% 310 $18K
19 WELLS FARGO & COMPANY/MN 0.00% 80,715 $4.7M
20 ROYAL BANK OF CANADA 0.00% 66,921 $3.9M
21 TWO SIGMA INVESTMENTS, LP 0.00% 14,500 $845K
22 Cetera Investment Advisers 0.00% 10,182 $593K
23 Western Wealth Management, LLC 0.00% 200 $12K
24 COMMONWEALTH EQUITY SERVICES, LLC 0.00% 5,187 $302K
25 LPL Financial LLC 0.00% 26,996 $1.6M
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 EXCHANGE-TRADED FD (QABA)

What does the Smart Money Trend signal show for QABA?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for QABA?

More sellers than buyers — 46% buying: Last quarter: 20 funds reduced or exited vs 17 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 QABA holders?

Elite ownership — 73% AUM from top-100 funds: 10 of 43 holders are among the 100 largest funds by AUM, controlling 73% of total institutional value in QABA. 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 QABA?

63% of holders stayed for 2+ years: 27 out of 43 hedge funds have held QABA 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 EXCHANGE-TRADED FD (QABA) following the 2026 Q1 hedge fund 13F filings?

As of today, QABA has moved +3.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to -1.8% for the SPY sector ETF — an outperformance of +5.4%. Since the quarter end (March 31, 2026), QABA has gained +12.9% vs +42.5% 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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