BlackRock Flexible Income ETF
BINC
366 hedge funds and large institutions have $3.55B invested in BlackRock Flexible Income ETF in 2024 Q2 according to their latest regulatory filings, with 79 funds opening new positions, 226 increasing their positions, 48 reducing their positions, and 17 closing their positions.
371% more repeat investments, than reductions
Existing positions increased: 226 | Existing positions reduced: 48
365% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 17
36% more capital invested
Capital invested by funds: $2.61B → $3.55B (+$939M)
18% more funds holding
Funds holding: 309 → 366 (+57)
18% more funds holding in top 10
Funds holding in top 10: 11 → 13 (+2)
9.05% more ownership
Funds ownership: 97.58% → 106.64% (+9.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$355M |
| 2 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
+$67.5M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$52.8M |
| 4 |
Morgan Stanley
New York
|
+$50.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$51.8M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$21.9M |
| 3 |
CIAS
CFS Investment Advisory Services
Totowa,
New Jersey
|
-$8.1M |
| 4 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
-$5.75M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$5.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LGWM
376
Litman Gregory Wealth Management
Larkspur,
California
| – | -$387K | -7,385 | Closed |
|
|
GIA
377
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
| – | -$234K | -4,456 | Closed |
|
|
AWM
378
Axxcess Wealth Management
Carlsbad,
California
| – | -$207K | -3,938 | Closed |
|
|
IGWM
379
ICA Group Wealth Management
Denver,
Colorado
| – | -$175K | -3,332 | Closed |
|
|
CA
380
CoreCap Advisors
Southfield,
Michigan
| – | -$51K | -972 | Closed |
|
381
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$22K | -419 | Closed |
|
|
NFSG
382
Newbridge Financial Services Group
Boca Raton,
Florida
| – | -$525 | -10 | Closed |
|
|
PSB
383
Piscataqua Savings Bank
Portsmouth,
New Hampshire
| – | -$524 | -10 | Closed |
|
BINC Hedge Fund Activity: Q2 2024 in Review
366 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in BlackRock Flexible Income ETF (BINC) for Q2 2024, worth a combined $3.55B — up 36% from $2.61B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new BINC positions and 17 closed out — a net gain of 62 holders — while 226 added to existing stakes and 48 trimmed.
The largest buyer was JP Morgan Chase, opening a new position worth an estimated $355M. The largest seller was BlackRock, cutting an estimated $51.8M.
- 366 institutional investors held BlackRock Flexible Income ETF (BINC) as of Q2 2024, up from 309 in Q1 2024.
- Funds reported $3.55B of BlackRock Flexible Income ETF stock for Q2 2024, up 36% quarter-over-quarter.
- 79 funds opened new BlackRock Flexible Income ETF positions in Q2 2024 and 17 closed out, a net change of +62 holders.
- The largest BlackRock Flexible Income ETF buyer in Q2 2024 was JP Morgan Chase, an estimated $355M added.
- The largest BlackRock Flexible Income ETF seller in Q2 2024 was BlackRock, an estimated $51.8M sold.
Based on aggregated 13F filings for Q2 2024.