FLRN(FLRN)
AI Look-Through Summary
AI GeneratedThe FLRN ETF, managing approximately $2.8 billion in assets under management, presents a highly concentrated portfolio structure as evidenced by the provided data snapshot. The top holding, identified only by an alphanumeric ticker 924QSGII3 with no associated company name or sector classification available, commands a significant 3.6% weight within the fund. While this single position represents a notable concentration point for risk assessment, the absence of specific holdings beyond this entry precludes a definitive analysis of broader sector exposure, industry diversification, or geographic tilts that typically characterize equity-oriented ETFs. The data provided does not reveal whether the fund leans toward domestic versus international markets or if it targets specific economic sectors such as technology, healthcare, or financial services, leaving those strategic dimensions entirely opaque based on current information.
Quantitatively, the sheer size of $2.8 billion suggests substantial liquidity and institutional interest, yet without visibility into the remaining 96.4% of assets or a breakdown of turnover rates, it is impossible to gauge portfolio stability beyond this single overweight position. The lack of descriptive metadata for the top holding complicates any attempt to correlate performance drivers with macroeconomic trends or understand potential idiosyncratic risks associated with that specific issuer. Consequently, while the fund's scale indicates market presence, the limited transparency regarding its constituent makeup restricts a comprehensive evaluation of how it might behave under varying market conditions compared to more diversified peer groups. Investors relying on this dataset alone would face significant challenges in assessing true diversification benefits or aligning the portfolio with specific strategic mandates due to these informational gaps.
Generated by Qwen-32B from constituent-level data. Not investment advice. Updated: 2026-05-21 09:50:17.38209+00
🔍 Theme Alignment Audit
AI GeneratedPurity: 10/100The investment theme implied by the ticker FLRN suggests a focus on floating-rate notes or short-term debt instruments designed to track interest rate movements. However, the provided top holding data reveals a single position labeled "924QSGII3" with no identifiable issuer description and an allocation of only 3.6%, which is insufficient to characterize the fund's actual exposure without further context on its remaining holdings. The absence of recognizable floating-rate entities or sector-specific descriptors in the available snapshot makes it impossible to confirm alignment between the name and the underlying assets, as the primary driver of the portfolio's composition remains undefined by the provided metrics alone.
Regarding concentration risk and sector coherence, the top-10 concentration metric stands at a minimal 3.6%, indicating an extremely diversified structure where no single security exerts significant influence on performance. While this low concentration typically mitigates idiosyncratic stock-specific risks often found in thematic funds, it also suggests that the fund may be constructed from thousands of tiny positions or relies heavily on broad market indices rather than a curated set of sector leaders consistent with a specific theme. Without data showing distinct exposure to floating-rate sectors versus broader credit markets, the fund's differentiation from general short-term bond benchmarks cannot be verified based solely on these figures.
AI analysis of holdings alignment vs fund theme. Not investment advice. Updated: 2026-05-24 00:53:50.315495+00
ETF Look-Through Dashboard
Replaces $249/yr MorningstarPeer through the ETF wrapper to see exactly what you own. Every metric is computed from constituent-level data.
Herfindahl-Hirschman Concentration Index
Morningstar-Style Box
Under the Hood — Top 1 Constituents
| # | Ticker | Company | Weight | P/E | F-Score |
|---|---|---|---|---|---|
| 1 | 924QSGII3 | SSI US GOV MONEY MARKET CLASS | 3.56% | — | — |
Historical Holdings Snapshots
Browse how FLRN’s holdings have changed across SEC filing dates. Showing top holdings per snapshot.
2026-05-24
1 holdings · 3.6% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | 924QSGII3 | 3.56% | 28,691,797 | — |
2026-05-23
1 holdings · 3.6% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | 924QSGII3 | 3.56% | 28,691,797 | — |
2026-05-22
2 holdings · 7.8% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | 693475CK9 | 4.20% | 4,000,000 | — |
| 2 | 924QSGII3 | 3.56% | 28,207,117 | — |
2026-05-21
1 holdings · 3.6% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | 924QSGII3 | 3.57% | 43,704,560 | — |
2026-05-20
2 holdings · 4.6% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | 924QSGII3 | 3.57% | 37,990,538 | — |
| 2 | 58933YCD5 | 1.00% | 4,000,000 | — |
2026-05-19
1 holdings · 3.6% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | 924QSGII3 | 3.58% | 37,319,881 | — |
Source: SEC filings and fund provider disclosures. Shows last 6 snapshot dates, top 15 holdings per date by weight.
Risk Profile
Sharpe = risk-adjusted return (higher is better). Computed from 1,200+ trading days with 5% risk-free rate.
Price Chart with Moving Averages
Technical Setup
AI GeneratedFLRN is currently trading at $30.80, a price point that requires contextualization against its moving average envelope to assess relative value. Without specific SMA parameters or the current position of the stock within those bands, it remains unclear whether this level represents an overbought extension above the mean or an undervalued dip below it. If the price were trading significantly outside the standard deviation limits defined by the SMAs, a strong case for potential mean reversion would exist, suggesting a pullback toward the central trend line might be statistically probable. Conversely, if the current level aligns closely with the middle of the envelope, the asset may simply be consolidating around its established average without immediate pressure to revert or diverge further. The absence of additional data regarding volatility bands or historical price distributions limits the ability to definitively characterize the strength of any potential reversal signals at this specific moment. Technical analysis relies heavily on understanding where the current market price sits relative to these dynamic support and resistance lines derived from past performance. Observers should note that a deviation from the mean often precedes a correction, but without knowing if $30.80 is an extreme outlier or a normal fluctuation, any conclusion regarding future directional bias remains speculative based solely on this single data point.
Underwater (Drawdown from Peak)
How far below the all-time high the price has been over time. Deeper = more pain for holders.
Rolling 60-Day Beta vs S&P 500 (VOO)
How the ETF's sensitivity to market moves changes over time. β > 1 = more volatile than the market.
Yield & Income
Sector Drift Over Time
How FLRN’s sector allocation has shifted across snapshots. Use the slider to travel through time.
Active Conviction Tracker
Shares bought and sold between the latest two data snapshots — reveals what the fund manager is actually doing.
Explore More
Quant metrics computed deterministically from financial statements and price data. Updated: 2026-06-02.
SecuritiesDB is for informational purposes only. Not investment advice.