Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Blackrock ETF Trust (BDVL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +12
Streak
3Q ▲
Buyers last Q
49%

Smart Money Signals — BDVL

Based on 91 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added BDVL 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
91 hedge funds hold BDVL right now — the highest count in 3.0 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 — +9000% more funds vs a year ago

fund count last 6Q
+90 new funds entered over the past year (+9000% 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 sellers than buyers — 49% buying

44 buying46 selling
Last quarter: 46 funds reduced or exited vs 44 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~19 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 0 → 65 → 20 → 19. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 98% entered in last year

■ 1% conviction (2yr+) ■ 1% medium ■ 98% new
Only 1 funds (1%) 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

0 → 0 → 65 → 20 → 19 new funds/Q
New funds entering each quarter: 0 → 65 → 20 → 19. BDVL 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 — 98% of holders entered in last year

■ 2% veterans ■ 0% 1-2yr ■ 98% new
Of 91 current holders: 89 (98%) entered in the past year, only 2 (2%) 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 — 77% AUM from top-100 funds

77% from top-100 AUM funds
12 of 91 holders are among the 100 largest funds by AUM, controlling 77% of total institutional value in BDVL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
7.5
out of 10
High Exit Risk
Exit risk score 7.5/10 — multiple crowding signals converge. Institutional ownership is at 100% of its all-time high — near peak crowding. Selling pressure exceeds buying: only 49% of active funds buying. Crowded trades can unwind fast — a single catalyst can trigger a cascade.

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 — BDVL

In 2026 Q1, 44 hedge funds were net buyers of BDVL (19 opened a new position, 25 added to an existing one), while 46 reduced or exited (39 trimmed, 7 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 77% of total institutional value in BDVL is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +12 funds (more new holders than closures). Total institutional holders: 91.

Hedge Fund Ownership: BDVL

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

Market Analysis: BDVL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BDVL

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Blackrock ETF Trust (BDVL) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BDVL has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
BDVL
+5.4%
SPY
+13.9%

BDVL outperformed SPY by -8.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
BDVL
+0.7%
SPY
+0.2%

Since the filing became public, BDVL outperformed SPY by +0.5% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

5 top-rated funds 0 high-conviction
Consensus
3.4
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: BDVL
90 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 90 79 13.92%
13F Shares 67M 69M -2.49%
Total Value $1.61B $1.73B -7.14%
New Positions 18 20 -2
Increased Positions 25 37 -12
Closed Positions 7 7 -
Reduced Positions 39 19 +20
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BDVL

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

90 + investors

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

QUARTER:
Top 25 BDVL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Beacon Bridge Wealth Partners, LLC 1.75% 212,183 $5.2M
2 Wbh Advisory Inc 1.44% 774,685 $19.3M
3 Wealthgarden F.S. LLC 1.18% 70,304 $1.7M
4 Cpwa, LLC 0.93% 29,746 $775K
5 Invst, LLC 0.87% 311,556 $7.7M
6 Milestone Asset Management Group, LLC 0.71% 49,240 $1.2M
7 Silverlake Wealth Management LLC 0.64% 123,849 $3.1M
8 Two West Capital Advisors LLC 0.61% 44,583 $1.1M
9 RDA Financial Network 0.47% 76,663 $1.9M
10 Mml Investors Services, LLC 0.40% 5,901,423 $145.5M
11 OneAscent Family Office, LLC 0.37% 21,611 $533K
12 Cadia Private Client LLC 0.34% 17,320 $430K
13 Fortis Advisors, LLC 0.34% 27,318 $673K
14 LongView Wealth Management 0.28% 42,497 $1.1M
15 Windsor Advisory Group, LLC 0.24% 11,885 $293K
16 Aegis Wealth Management, Inc. 0.23% 11,764 $290K
17 Regal Investment Advisors LLC 0.23% 160,011 $3.9M
18 Envestnet Asset Management Inc 0.21% 32,545,266 $802.2M
19 Elevation Wealth Management LLC 0.20% 8,671 $214K
20 Resolute Wealth Advisor, INC. 0.19% 13,394 $330K
21 Elevated Financial Group LLC 0.19% 23,329 $575K
22 Resurgent Financial Advisors LLC 0.18% 19,952 $492K
23 NorthRock Partners, LLC 0.16% 409,187 $10.1M
24 Frisch Financial Group, Inc. 0.15% 29,970 $739K
25 Claro Advisors Inc. 0.15% 51,783 $1.3M
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 — Blackrock ETF Trust (BDVL)

What does the Smart Money Trend signal show for BDVL?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added BDVL 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 BDVL?

More sellers than buyers — 49% buying: Last quarter: 46 funds reduced or exited vs 44 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for BDVL holders?

Elite ownership — 77% AUM from top-100 funds: 12 of 91 holders are among the 100 largest funds by AUM, controlling 77% of total institutional value in BDVL. 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 BDVL?

Mostly new holders — 98% entered in last year: Only 1 funds (1%) 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.

Is it too late to buy Blackrock ETF Trust (BDVL) following the 2026 Q1 hedge fund 13F filings?

As of today, BDVL has moved +0.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of +0.5%. Since the quarter end (March 31, 2026), BDVL has gained +5.4% vs +13.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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