SMI 3Fourteen Full-Cycle Trend ETF
FCTE
23 hedge funds and large institutions have $88.6M invested in SMI 3Fourteen Full-Cycle Trend ETF in 2025 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 14 closing their positions.
4.41% more ownership
Funds ownership: 23.86% → 28.26% (+4.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less capital invested
Capital invested by funds: $101M → $88.6M (-$12.1M)
32% less funds holding
Funds holding: 34 → 23 (-11)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
79% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.12M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$308K |
| 3 |
Optiver Holding
Amsterdam,
Netherlands
|
+$302K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$137K |
| 5 |
SA
SFI Advisors
Montclair,
New Jersey
|
+$74.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
-$3.11M |
| 2 |
SAS
SMI Advisory Services
Columbus,
Indiana
|
-$2.51M |
| 3 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$1.81M |
| 4 |
PFA
Peak Financial Advisors
Denver,
Colorado
|
-$1.64M |
| 5 |
TF
Theory Financial
Fort Collins,
Colorado
|
-$1.29M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFA
26
Peak Financial Advisors
Denver,
Colorado
| – | -$1.64M | -61,812 | Closed |
|
|
SWA
27
Stratos Wealth Advisors
Beachwood,
Ohio
| – | -$1.26M | -47,411 | Closed |
|
|
PAM
28
Peak Asset Management
Louisville,
Colorado
| – | -$514K | -19,328 | Closed |
|
29
Citadel Advisors
Miami,
Florida
| – | -$461K | -17,341 | Closed |
|
|
HH
30
Hilltop Holdings
Dallas,
Texas
| – | -$294K | -11,046 | Closed |
|
31
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$240K | -9,006 | Closed |
|
|
SPWM
32
Straight Path Wealth Management
Jenison,
Michigan
| – | -$227K | -8,548 | Closed |
|
|
FS
33
Ferguson Shapiro
Decatur,
Georgia
| – | -$207K | -7,781 | Closed |
|
34
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$33.9K | -1,275 | Closed |
|
|
AF
35
Allworth Financial
Folsom,
California
| – | -$10.1K | -378 | Closed |
|
|
DRS
36
Deane Retirement Strategies
New Orleans,
Louisiana
| – | -$9.26K | -348 | Closed |
|
37
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -56 | Closed |
|
FCTE Hedge Fund Activity: Q3 2025 in Review
23 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in SMI 3Fourteen Full-Cycle Trend ETF (FCTE) for Q3 2025, worth a combined $88.6M — down 12% from $101M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FCTE and 3 opened new positions — a net loss of 11 holders — while 9 trimmed existing stakes and 5 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $1.12M. The largest seller was Financial Enhancement Group, exiting entirely with an estimated $3.11M sold.
- 23 institutional investors held SMI 3Fourteen Full-Cycle Trend ETF (FCTE) as of Q3 2025, down from 34 in Q2 2025.
- Funds reported $88.6M of SMI 3Fourteen Full-Cycle Trend ETF stock for Q3 2025, down 12% quarter-over-quarter.
- 3 funds opened new SMI 3Fourteen Full-Cycle Trend ETF positions in Q3 2025 and 14 closed out, a net change of -11 holders.
- The largest SMI 3Fourteen Full-Cycle Trend ETF buyer in Q3 2025 was Susquehanna International Group, an estimated $1.12M added.
- The largest SMI 3Fourteen Full-Cycle Trend ETF seller in Q3 2025 was Financial Enhancement Group, an estimated $3.11M sold.
Based on aggregated 13F filings for Q3 2025.