Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Exch Traded Fd Tr II (BKLN)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +15
Streak
2Q ▲
Buyers last Q
48%

Smart Money Signals — BKLN

Based on 516 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added BKLN 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 (96% of max)

96% of all-time peak
516 hedge funds hold BKLN 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.
📉

Outflows — 4% fewer funds vs a year ago

fund count last 6Q
20 fewer hedge funds hold BKLN compared to a year ago (-4% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 48% buying

252 buying277 selling
Last quarter: 277 funds reduced or exited vs 252 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.
📈

More new buyers each quarter (+25 vs last Q)

new funds entering per quarter
Funds opening a new BKLN position: 70 → 53 → 67 → 92. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 24% medium ■ 17% new
305 out of 516 hedge funds have held BKLN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares +21%, value -90%

Value
-89%
Shares
+21%
Last quarter: funds added +21% more shares while total portfolio value only changed -90%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

88 → 70 → 53 → 67 → 92 new funds/Q
New funds entering each quarter: 70 → 53 → 67 → 92. A growing number of institutions are discovering BKLN each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 63% veterans vs 22% newcomers

■ 63% veterans ■ 15% 1-2yr ■ 22% new
Entry-cohort mix of 531 holders: 336 (63%) are 2+ year veterans, 80 entered 1–2 years ago, and 115 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 47% AUM from top-100 funds

47% from top-100 AUM funds
36 of 496 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in BKLN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

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 — BKLN

In 2026 Q1, 252 hedge funds were net buyers of BKLN (92 opened a new position, 160 added to an existing one), while 277 reduced or exited (200 trimmed, 77 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. Net buying has persisted for two consecutive quarters, a positive momentum signal. 47% of total institutional value in BKLN is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +15 funds (more new holders than closures). Total institutional holders: 516.

Hedge Fund Ownership: BKLN

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

Market Analysis: BKLN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BKLN

-- --

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

Is It Too Late to Buy Invesco Exch Traded Fd Tr II (BKLN) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BKLN 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 · 75d ago
BKLN
+0.1%
SPY
+14.1%

BKLN outperformed SPY by -14.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
BKLN
-0.4%
SPY
+0.3%

Since the filing became public, BKLN outperformed SPY by -0.7% .

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.

23 top-rated funds 5 high-conviction
Consensus
6.0
/ 10
breadth
×
Elite
3.2
/ 10
conviction
Hedge Fund Positioning: BKLN
512 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 512 501 2.2%
13F Shares 347M 286M 21.05%
Total Value $6.90B $68.56B -89.94%
New Positions 91 67 +24
Increased Positions 157 212 -55
Closed Positions 80 66 +14
Reduced Positions 196 161 +35
Total Calls 7 1 600.0%
Total Puts 25 4 525.0%
PUT/CALL Ratio 3.57 4.0 Bearish

Statistics: BKLN

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

512 + investors

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

QUARTER:
Top 25 BKLN holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Angel Oak Capital Advisors, LLC 43.69% 1,926,396 $39.3M
2 Aristotle Pacific Capital, LLC 29.93% 1,804,072 $36.8M
3 Bain Capital Credit, LP 24.64% 3,658,098 $74.7M
4 Pinnbrook Capital Management LP 23.93% 4,500,000 $91.8M
5 CNO Financial Group, Inc. 20.40% 1,743,750 $35.6M
6 Ironwood Wealth Management, INC. 10.79% 1,170,929 $24.1M
7 Coral Wealth Management, LLC 9.79% 428,815 $8.8M
8 TOMS Capital Investment Management LP 7.49% 14,000,000 $285.7M
9 Jones Road Capital Management, L.P. 7.38% 200,000 $4.1M
10 Wellington Grp LLC 6.00% 866,467 $18.2M
11 Shenkman Capital Management Inc 4.84% 1,918,265 $40.2M
12 EMG Holdings, L.P. 4.35% 844,400 $17.2M
13 NYL Investors LLC 4.05% 524,558 $10.7M
14 Rfg Holdings, INC. 3.93% 763,745 $15.6M
15 Hikari Tsushin, Inc. 3.49% 2,483,848 $50.7M
16 One William Street Capital Management, L.P. 3.46% 2,000,000 $40.8M
17 Sona Asset Management (us) LLC 3.33% 7,750,000 $158.2M
18 1607 Capital Partners, LLC 3.00% 2,036,575 $41.6M
19 Pertento Partners LLP 2.99% 2,005,700 $40.9M
20 BlueCrest Capital Management Ltd 2.95% 2,450,000 $50.0M
21 Investment Management Corp of Ontario 2.75% 10,465,977 $213.6M
22 Endurance Services Ltd 2.56% 743,494 $15.2M
23 Piedmont Capital Management, LLC 2.42% 232,234 $4.8M
24 TigerOak Management, L.L.C. 2.03% 315,410 $6.4M
25 SAM Advisors, LLC 2.02% 316,032 $6.5M
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 — Invesco Exch Traded Fd Tr II (BKLN)

What does the Smart Money Trend signal show for BKLN?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added BKLN 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 BKLN?

More sellers than buyers — 48% buying: Last quarter: 277 funds reduced or exited vs 252 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 BKLN holders?

Elite ownership — 47% AUM from top-100 funds: 36 of 496 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in BKLN. 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 BKLN?

59% of holders stayed for 2+ years: 305 out of 516 hedge funds have held BKLN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Invesco Exch Traded Fd Tr II (BKLN) following the 2026 Q1 hedge fund 13F filings?

As of today, BKLN has moved -0.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of -0.7%. Since the quarter end (March 31, 2026), BKLN has gained +0.1% vs +14.1% 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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