BlackRock Flexible Income ETF
BINC
311 hedge funds and large institutions have $2.61B invested in BlackRock Flexible Income ETF in 2024 Q1 according to their latest regulatory filings, with 237 funds opening new positions, 64 increasing their positions, 8 reducing their positions, and 6 closing their positions.
3,850% more first-time investments, than exits
New positions opened: 237 | Existing positions closed: 6
700% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 8
398% more capital invested
Capital invested by funds: $524M → $2.61B (+$2.08B)
289% more funds holding
Funds holding: 80 → 311 (+231)
267% more funds holding in top 10
Funds holding in top 10: 3 → 11 (+8)
11.38% less ownership
Funds ownership: 108.98% → 97.6% (-11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$675M |
| 2 |
LPL Financial
San Diego,
California
|
+$159M |
| 3 |
Envestnet Portfolio Solutions
Chicago,
Illinois
|
+$101M |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$86.9M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$67.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$139M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$2.43M |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$1.29M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$914K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$429K |
BINC Hedge Fund Activity: Q1 2024 in Review
311 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in BlackRock Flexible Income ETF (BINC) for Q1 2024, worth a combined $2.61B — up 398% from $524M a quarter earlier.
Buyers outnumbered sellers: 237 funds opened new BINC positions and 6 closed out — a net gain of 231 holders — while 64 added to existing stakes and 8 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $675M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $139M sold.
- 311 institutional investors held BlackRock Flexible Income ETF (BINC) as of Q1 2024, up from 80 in Q4 2023.
- Funds reported $2.61B of BlackRock Flexible Income ETF stock for Q1 2024, up 398% quarter-over-quarter.
- 237 funds opened new BlackRock Flexible Income ETF positions in Q1 2024 and 6 closed out, a net change of +231 holders.
- The largest BlackRock Flexible Income ETF buyer in Q1 2024 was Envestnet Asset Management, an estimated $675M added.
- The largest BlackRock Flexible Income ETF seller in Q1 2024 was JP Morgan Chase, an estimated $139M sold.
Based on aggregated 13F filings for Q1 2024.