Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Alps ETF Tr (RFDA)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +5
Streak
1Q ▲
Buyers last Q
65%

Smart Money Signals — RFDA

Based on 27 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added RFDA 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
27 hedge funds hold RFDA 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.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding RFDA is almost the same as a year ago (+0 funds, +0% change). No significant rush to buy or sell — institutional backing is holding steady.
🟢

More buyers than sellers — 65% buying

17 buying9 selling
Last quarter: 17 funds were net buyers (6 opened a brand new position + 11 added to an existing one). Only 9 were sellers (8 trimmed + 1 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+6 vs last Q)

new funds entering per quarter
Funds opening a new RFDA position: 0 → 2 → 0 → 6. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

67% of holders stayed for 2+ years

■ 67% conviction (2yr+) ■ 26% medium ■ 7% new
18 out of 27 hedge funds have held RFDA 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

4 → 0 → 2 → 0 → 6 new funds/Q
New funds entering each quarter: 0 → 2 → 0 → 6. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 67% veterans vs 19% newcomers

■ 67% veterans ■ 15% 1-2yr ■ 19% new
Entry-cohort mix of 27 holders: 18 (67%) are 2+ year veterans, 4 entered 1–2 years ago, and 5 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 15% AUM from top-100

15% from top-100 AUM funds
7 of 27 holders rank in the top 100 by AUM, but together hold only 15% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — 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 — RFDA

In 2026 Q2, 17 hedge funds were net buyers of RFDA (6 opened a new position, 11 added to an existing one), while 9 reduced or exited (8 trimmed, 1 sold completely) — a 65% buyer ratio, indicating clear institutional accumulation. Net fund flow last quarter: +5 funds (more new holders than closures). Total institutional holders: 27.

Hedge Fund Ownership: RFDA

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

Market Analysis: RFDA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: RFDA

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

1 top-rated funds 1 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.7
/ 10
conviction
Hedge Fund Positioning: RFDA
27 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 27 22 22.73%
13F Shares 1M 1M 2.68%
Total Value $86M $75M 15.15%
New Positions 6 0 +6
Increased Positions 11 7 +4
Closed Positions 1 5 -4
Reduced Positions 8 14 -6
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: RFDA

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Institutional Holders (2026 Q2)

27 + investors

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

QUARTER:
Top 25 RFDA holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Retirement Planning Group, LLC / Ny 2.24% 58,513 $4.1M
2 Leigh Baldwin & CO., LLC 0.31% 8,195 $577K
3 Prospera Financial Services Inc 0.22% 219,625 $15.5M
4 RiverFront Investment Group, LLC 0.21% 228,402 $16.1M
5 Bison Wealth, LLC 0.19% 29,714 $2.1M
6 Ewa, LLC 0.13% 10,032 $706K
7 Alps Advisors Inc 0.07% 202,772 $14.3M
8 Koshinski Asset Management, Inc. 0.05% 13,151 $926K
9 Evolution Wealth Management INC. 0.04% 1,021 $72K
10 GAMMA Investing LLC 0.04% 14,780 $1.0M
11 Truist Financial Corp 0.01% 171,545 $12.1M
12 Elevated Capital Advisors, LLC 0.01% 618 $44K
13 DAVENPORT & Co LLC 0.00% 13,151 $926K
14 Envestnet Asset Management Inc 0.00% 180,087 $12.7M
15 Stratos Wealth Partners, LTD. 0.00% 4,050 $285K
16 Kestra Advisory Services, LLC 0.00% 4,950 $349K
17 Raymond James Financial Inc 0.00% 31,508 $2.2M
18 Wealth Enhancement Advisory Services, LLC 0.00% 3,073 $220K
19 NewEdge Advisors, LLC 0.00% 836 $59K
20 Susquehanna International Group, LLP 0.00% 18,184 $1.3M
21 Citadel Advisors LLC 0.00% 3,488 $246K
22 Jpmorgan Chase & Co 0.00% 2,371 $167K
23 Jones Financial Companies Lllp 0.00% 214 $15K
24 UBS Group AG 0.00% 631 $44K
25 Wells Fargo & Company/Mn 0.00% 37 $3K
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 — Alps ETF Tr (RFDA)

What does the Smart Money Trend signal show for RFDA?

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

More buyers than sellers — 65% buying: Last quarter: 17 funds were net buyers (6 opened a brand new position + 11 added to an existing one). Only 9 were sellers (8 trimmed + 1 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for RFDA holders?

Smaller funds dominant — 15% AUM from top-100: 7 of 27 holders rank in the top 100 by AUM, but together hold only 15% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held RFDA?

67% of holders stayed for 2+ years: 18 out of 27 hedge funds have held RFDA 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.

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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