Stock Analysis
Data Source: SEC EDGAR 13F
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Tema ETF Trust (RSHO)

50 + Investors. Track Smart Money conviction in RSHO. 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
↑ +15
Streak
2Q ▲
Buyers last Q
70%

Smart Money Signals — RSHO

Based on 50 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added RSHO 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
50 hedge funds hold RSHO 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 — +92% more funds vs a year ago

fund count last 6Q
+24 new funds entered over the past year (+92% 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 — 70% buying

31 buying13 selling
Last quarter: 31 funds were net buyers (18 opened a brand new position + 13 added to an existing one). Only 13 were sellers (10 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~18 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 4 → 2 → 16 → 18. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 56% entered in last year

10% conviction (2yr+) 34% medium 56% new
Only 5 funds (10%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💰

Value +60% but shares only +17% — price-driven

Value
+60%
Shares
+17%
Last quarter: the total dollar value of institutional holdings rose +60%, but actual share count only changed +17%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
🚀

Acceleration phase — new buyers rushing in

9 → 4 → 2 → 16 → 18 new funds/Q
New funds entering each quarter: 4 → 2 → 16 → 18. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🌱

Early stage — 64% of holders entered in last year

8% veterans 28% 1-2yr 64% new
Of 50 current holders: 32 (64%) entered in the past year, only 4 (8%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
🏆

Elite ownership — 46% AUM from top-100 funds

46% from top-100 AUM funds
6 of 50 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in RSHO. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
5.8
out of 10
Moderate Exit Risk
Exit risk score 5.8/10 — 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 — RSHO

In 2026 Q2, 31 hedge funds were net buyers of RSHO (18 opened a new position, 13 added to an existing one), while 13 reduced or exited (10 trimmed, 3 sold completely) — a 70% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. 46% of total institutional value in RSHO is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +15 funds (more new holders than closures). Total institutional holders: 50.

Hedge Fund Ownership: RSHO

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

Market Analysis: RSHO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: RSHO

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

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

2 top-rated funds 1 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
1.2
/ 10
conviction
Hedge Fund Positioning: RSHO
50 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 50 35 42.86%
13F Shares 2M 1M 17.28%
Total Value $85M $53M 60.01%
New Positions 18 16 +2
Increased Positions 13 9 +4
Closed Positions 3 4 -1
Reduced Positions 10 4 +6
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: RSHO

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Institutional Holders (2026 Q2)

50 + investors

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

QUARTER:
Top 25 RSHO holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Cooper Capital Advisors LLC 4.52% 165,907 $10.4M
2 Client First Investment Management LLC 0.95% 35,965 $2.3M
3 Obsidian Cio, LLC 0.73% 15,567 $979K
4 National Wealth Management Group, LLC 0.67% 34,547 $2.2M
5 APS Management Group, Inc. 0.50% 10,362 $651K
6 WealthBridge Capital Management, LLC 0.33% 26,441 $1.7M
7 Inspire Advisors, LLC 0.32% 72,835 $4.6M
8 Willner & Heller, LLC 0.18% 4,662 $293K
9 GEM Asset Management, LLC 0.17% 6,819 $429K
10 Retirement Planning Group, LLC / Ny 0.15% 4,240 $267K
11 Plan Group Financial, LLC 0.12% 9,500 $597K
12 Garden State Investment Advisory Services LLC 0.12% 10,571 $665K
13 Resurgent Financial Advisors LLC 0.10% 5,877 $370K
14 Alteri Wealth LLC 0.09% 4,959 $312K
15 Worth Asset Management, LLC 0.08% 4,170 $262K
16 Tripletail Wealth Management, LLC 0.07% 1,000 $60K
17 IHT Wealth Management, LLC 0.03% 20,618 $1.3M
18 Advisory Services Network, LLC 0.02% 28,307 $1.8M
19 Kovack Advisors, Inc. 0.02% 6,360 $400K
20 Wealth Enhancement Advisory Services, LLC 0.01% 96,781 $5.7M
21 Axxcess Wealth Management, LLC 0.01% 6,476 $407K
22 D.A. Davidson & CO. 0.00% 14,214 $894K
23 Stratos Wealth Partners, LTD. 0.00% 6,032 $379K
24 Harbour Investments, INC. 0.00% 4,250 $267K
25 Cape Investment Advisory, Inc. 0.00% 201 $13K
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 — Tema ETF Trust (RSHO)

What does the Smart Money Trend signal show for RSHO?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added RSHO 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 RSHO?

More buyers than sellers — 70% buying: Last quarter: 31 funds were net buyers (18 opened a brand new position + 13 added to an existing one). Only 13 were sellers (10 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for RSHO holders?

Elite ownership — 46% AUM from top-100 funds: 6 of 50 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in RSHO. 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 RSHO?

Mostly new holders — 56% entered in last year: Only 5 funds (10%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

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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