Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

T Rowe Price Exchange-Traded (TCAL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +8
Streak
5Q ▲
Buyers last Q
70%

Smart Money Signals — TCAL

Based on 70 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 5 quarters in a row

last 5Q
For 5 consecutive quarters, more hedge funds added TCAL 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
70 hedge funds hold TCAL right now — the highest count in 1.5 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 — +268% more funds vs a year ago

fund count last 6Q
+51 new funds entered over the past year (+268% 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

50 buying21 selling
Last quarter: 50 funds were net buyers (17 opened a brand new position + 33 added to an existing one). Only 21 were sellers (12 trimmed + 9 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~17 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 18 → 22 → 16 → 17. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 61% entered in last year

■ 0% conviction (2yr+) ■ 39% medium ■ 61% new
Only 0 funds (0%) 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.
📊

Peak discovery — momentum slowing

17 → 18 → 22 → 16 → 17 new funds/Q
New funds entering each quarter: 18 → 22 → 16 → 17. TCAL is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🌱

Early stage — 99% of holders entered in last year

■ 0% veterans ■ 1% 1-2yr ■ 99% new
Of 70 current holders: 69 (99%) entered in the past year, only 0 (0%) 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 — 41% AUM from top-100 funds

41% from top-100 AUM funds
10 of 70 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in TCAL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
6.3
out of 10
Moderate Exit Risk
Exit risk score 6.3/10 — 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 — TCAL

In 2026 Q2, 50 hedge funds were net buyers of TCAL (17 opened a new position, 33 added to an existing one), while 21 reduced or exited (12 trimmed, 9 sold completely) — a 70% buyer ratio, indicating clear institutional accumulation. This marks 5 consecutive quarters of net institutional buying — a persistent conviction signal. 41% of total institutional value in TCAL is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +8 funds (more new holders than closures). Total institutional holders: 70.

Hedge Fund Ownership: TCAL

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

Market Analysis: TCAL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TCAL

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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 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
1.1
/ 10
conviction
Hedge Fund Positioning: TCAL
70 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 70 62 12.9%
13F Shares 6M 6M 9.12%
Total Value $136M $123M 10.78%
New Positions 17 16 +1
Increased Positions 33 37 -4
Closed Positions 9 6 +3
Reduced Positions 12 5 +7
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: TCAL

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Institutional Holders (2026 Q2)

70 + investors

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

QUARTER:
Top 25 TCAL holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 CMC Financial Group 15.22% 353,791 $7.9M
2 Harborfront Financial Group LLC 2.04% 24,342 $540K
3 Waterfront Wealth Inc. 1.31% 371,256 $8.5M
4 Carson Advisory Inc. 1.13% 111,241 $2.5M
5 NCM Capital Management, LLC 0.90% 132,083 $2.9M
6 Yarger Wealth Strategies, LLC 0.86% 105,367 $2.4M
7 Southland Equity Partners LLC 0.50% 128,083 $2.8M
8 SageGuard Financial Group, LLC 0.49% 156,760 $3.5M
9 Founders Financial Alliance, LLC 0.24% 80,325 $1.8M
10 Wills Financial Group LLC 0.19% 24,053 $534K
11 Z3 Capital Partners, LLC 0.16% 34,550 $767K
12 Essex Financial Services, Inc. 0.15% 131,529 $2.9M
13 Annis Gardner Whiting Capital Advisors, LLC 0.14% 43,340 $964K
14 Stratos Wealth Advisors, LLC 0.14% 116,346 $2.6M
15 Bluesphere Advisors LLC 0.14% 19,917 $442K
16 Summit Financial Wealth Advisors, LLC 0.14% 47,785 $1.1M
17 L2 Asset Management, LLC 0.09% 37,012 $828K
18 Strategic Family Wealth Counselors, L.L.C. 0.07% 13,300 $295K
19 Principal Securities, INC. 0.06% 229,827 $5.1M
20 Essex Bank 0.05% 9,850 $219K
21 Keystone Financial Group 0.04% 31,871 $708K
22 Western Wealth Management, LLC 0.04% 52,217 $1.2M
23 Cornerstone Advisory, LLC 0.03% 18,072 $401K
24 Concurrent Investment Advisors, LLC 0.03% 174,224 $3.9M
25 Orion Porfolio Solutions, LLC 0.02% 106,967 $2.4M
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 — T Rowe Price Exchange-Traded (TCAL)

What does the Smart Money Trend signal show for TCAL?

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

More buyers than sellers — 70% buying: Last quarter: 50 funds were net buyers (17 opened a brand new position + 33 added to an existing one). Only 21 were sellers (12 trimmed + 9 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for TCAL holders?

Elite ownership — 41% AUM from top-100 funds: 10 of 70 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in TCAL. 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 TCAL?

Mostly new holders — 61% entered in last year: Only 0 funds (0%) 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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