Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

CAMBRIA TAIL RISK ETF (TAIL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +4
Streak
1Q ▲
Buyers last Q
57%

Smart Money Signals — TAIL

Based on 43 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added TAIL 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.
📊

High ownership — 90% of 3.0Y peak

90% of all-time peak
43 funds currently hold this stock — 90% of the 3.0-year high of 48 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +34% more funds vs a year ago

fund count last 6Q
+11 new funds entered over the past year (+34% 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.
🟡

Slight buying edge — 57% buying

24 buying18 selling
Last quarter: 24 funds bought or added vs 18 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

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

new funds entering per quarter
Funds opening a new TAIL position: 9 → 23 → 6 → 12. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

49% of holders stayed for 2+ years

■ 49% conviction (2yr+) ■ 26% medium ■ 26% new
21 out of 43 hedge funds have held TAIL 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

7 → 9 → 23 → 6 → 12 new funds/Q
New funds entering each quarter: 9 → 23 → 6 → 12. 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.
🏛️

Deep conviction — 64% of holders stayed 2+ years

■ 64% veterans ■ 9% 1-2yr ■ 27% new
Of 44 current holders: 28 (64%) 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.
✅

Strong quality — 38% AUM from major funds

38% from top-100 AUM funds
8 of 43 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
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 — TAIL

In 2025 Q4, 24 hedge funds were net buyers of TAIL (12 opened a new position, 12 added to an existing one), while 18 reduced or exited (10 trimmed, 8 sold completely) — a 57% buyer ratio, indicating a slight buying edge. 38% of total institutional value in TAIL is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +4 funds (more new holders than closures). Total institutional holders: 43.

Hedge Fund Ownership: TAIL

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

Market Analysis: TAIL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TAIL

-- --

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

Is It Too Late to Buy CAMBRIA TAIL RISK ETF (TAIL) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much TAIL 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 · 49d ago
TAIL
-7.5%
SPY
+42.5%

TAIL outperformed SPY by -50.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 4d ago
TAIL
-0.9%
SPY
-1.8%

Since the filing became public, TAIL outperformed SPY by +0.9% .

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.

6 top-rated funds 0 high-conviction
Consensus
3.7
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: TAIL
2026 Q1 Stats Unlock in 1 days 43 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 43 37 16.22%
13F Shares 6M 4M 60.2%
Total Value $69M $45M 55.2%
New Positions 13 5 +8
Increased Positions 11 15 -4
Closed Positions 7 16 -9
Reduced Positions 10 11 -1
Total Calls 0 0 -
Total Puts 1 0 100%
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: TAIL

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Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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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 TAIL. Verified SEC 13F-HR filings.

QUARTER:
Top 25 institutional holders of TAIL — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Professional Financial Management, Inc. 8.20% 629,071 $7.2M
2 FSA WEALTH PARTNERS, INC. 1.48% 265,273 $3.1M
3 Beaumont Financial Advisors, LLC 0.57% 710,791 $8.3M
4 Ferguson Shapiro LLC 0.55% 154,600 $1.8M
5 Soltis Investment Advisors LLC 0.41% 561,665 $6.6M
6 Comprehensive Money Management Services LLC 0.41% 53,286 $624K
7 NINE MASTS CAPITAL Ltd 0.22% 128,015 $1.5M
8 Philip James Wealth Mangement, LLC 0.16% 119,802 $1.4M
9 Orcam Financial Group 0.15% 18,500 $217K
10 CONTINUUM WEALTH ADVISORS, LLC 0.13% 26,475 $310K
11 Mezzasalma Advisors, LLC 0.10% 34,150 $400K
12 Sierra Capital LLC 0.08% 65,800 —
13 Ascentis Independent Advisors 0.07% 81,996 $960K
14 Firestone Capital Management 0.07% 29,553 $346K
15 Centric Wealth Management 0.07% 30,882 $338K
16 ZEGA Investments, LLC 0.05% 39,328 $461K
17 Resurgent Financial Advisors LLC 0.04% 10,494 $123K
18 Southland Equity Partners LLC 0.04% 17,306 $203K
19 Focus Partners Wealth 0.02% 1,412,975 $16.5M
20 HighTower Advisors, LLC 0.02% 1,358,307 $15.9M
21 Gladstone Institutional Advisory LLC 0.01% 20,278 $237K
22 Simplicity Wealth,LLC 0.01% 10,400 $122K
23 CITIZENS FINANCIAL GROUP INC/RI 0.01% 38,934 $456K
24 WELLS FARGO & COMPANY/MN 0.00% 1,926,222 $22.6M
25 Merkkuri Wealth Advisors LLC 0.00% 499 $6K
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 — CAMBRIA TAIL RISK ETF (TAIL)

What does the Smart Money Trend signal show for TAIL?

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

Slight buying edge — 57% buying: Last quarter: 24 funds bought or added vs 18 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for TAIL holders?

Strong quality — 38% AUM from major funds: 8 of 43 holders rank in the top 100 by AUM, accounting for 38% 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 TAIL?

49% of holders stayed for 2+ years: 21 out of 43 hedge funds have held TAIL 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 CAMBRIA TAIL RISK ETF (TAIL) following the 2026 Q1 hedge fund 13F filings?

As of today, TAIL has moved -0.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to -1.8% for the SPY sector ETF — an outperformance of +0.9%. Since the quarter end (March 31, 2026), TAIL has gained -7.5% 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.