Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Themes ETF Tr (BMNG)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +13
Streak
1Q ▲
Buyers last Q
95%

Smart Money Signals — BMNG

Based on 20 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 1Q
For 1 consecutive quarter, more hedge funds added BMNG 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
20 hedge funds hold BMNG right now — the highest count in 0.5 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.
🟢

More buyers than sellers — 95% buying

20 buying1 selling
Last quarter: 20 funds were net buyers (14 opened a brand new position + 6 added to an existing one). Only 1 were sellers (0 trimmed + 1 sold completely). A clear majority buying is a strong confirmation signal.
🔄

Mostly new holders — 95% entered in last year

■ 0% conviction (2yr+) ■ 5% medium ■ 95% new
Only 0 funds (0%) 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.
💎

Buying through price weakness — shares +416%, value +96%

Value
+95%
Shares
+415%
Last quarter: funds added +416% more shares while total portfolio value only changed +96%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
🌱

Early stage — 100% of holders entered in last year

■ 0% veterans ■ 0% 1-2yr ■ 100% new
Of 24 current holders: 24 (100%) entered in the past year, only 0 (0%) 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.
✅

Strong quality — 32% AUM from major funds

32% from top-100 AUM funds
4 of 19 holders rank in the top 100 by AUM, accounting for 32% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
5.4
out of 10
Moderate Exit Risk
Exit risk score 5.4/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 — BMNG

In 2026 Q1, 20 hedge funds were net buyers of BMNG (14 opened a new position, 6 added to an existing one), while 1 reduced or exited (1 sold completely) — a 95% buyer ratio, indicating clear institutional accumulation. 32% of total institutional value in BMNG is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +13 funds (more new holders than closures). Total institutional holders: 20.

Hedge Fund Ownership: BMNG

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

Market Analysis: BMNG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BMNG

-- --

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

Is It Too Late to Buy Themes ETF Tr (BMNG) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BMNG 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 · 85d ago
BMNG
-53.1%
SPY
+14.9%

BMNG outperformed SPY by -68.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 40d ago
BMNG
-49.8%
SPY
+1.1%

Since the filing became public, BMNG outperformed SPY by -50.9% .

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.

4 top-rated funds 0 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: BMNG
20 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 20 7 185.71%
13F Shares 4M 693K 415.61%
Total Value $4M $2M 95.71%
New Positions 14 7 +7
Increased Positions 6 0 +6
Closed Positions 1 0 +1
Reduced Positions 0 0 -
Total Calls 3 1 200.0%
Total Puts 2 1 100.0%
PUT/CALL Ratio 0.67 1.0 Bullish

Statistics: BMNG

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

20 + investors

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

QUARTER:
Top 24 BMNG holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Scientech Research LLC 0.59% 585,626 $709K
2 Sloy Dahl & Holst, LLC 0.10% 619,699 $750K
3 Viewpoint Capital Management LLC 0.06% 111,300 $135K
4 Retirement Planning Co of New England, Inc. 0.05% 99,407 $120K
5 StoneX Group Inc. 0.01% 112,000 $136K
6 MWA Asset Management 0.00% 14,000 $7K
7 Gts Securities LLC 0.00% 82,187 $99K
8 Jump Financial, LLC 0.00% 169,910 $206K
9 NFSG Corp 0.00% 8,000 $10K
10 Caitlin John, LLC 0.00% 2,000 $2K
11 Hrt Financial LP 0.00% 259,611 $314K
12 XTX Topco Ltd 0.00% 26,434 $32K
13 Belvedere Trading LLC 0.00% 197,819 $239K
14 Optiver Holding B.V. 0.00% 562,150 $680K
15 Group One Trading LLC 0.00% 42,607 $52K
16 Susquehanna International Group, LLP 0.00% 391,721 $474K
17 Belvedere Trading LLC 0.00% 17,900 $22K
18 Citadel Advisors LLC 0.00% 121,301 $147K
19 Citadel Advisors LLC 0.00% 86,300 $104K
20 Jane Street Group, LLC 0.00% 38,900 $47K
21 Citadel Advisors LLC 0.00% 23,700 $29K
22 SBI Securities Co., Ltd. 0.00% 96 —
23 Belvedere Trading LLC 0.00% 800 —
24 Simplex Trading, LLC 0.00% 370 —
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 — Themes ETF Tr (BMNG)

What does the Smart Money Trend signal show for BMNG?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added BMNG 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 BMNG?

More buyers than sellers — 95% buying: Last quarter: 20 funds were net buyers (14 opened a brand new position + 6 added to an existing one). Only 1 were sellers (0 trimmed + 1 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for BMNG holders?

Strong quality — 32% AUM from major funds: 4 of 19 holders rank in the top 100 by AUM, accounting for 32% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held BMNG?

Mostly new holders — 95% entered in last year: Only 0 funds (0%) 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 Themes ETF Tr (BMNG) following the 2026 Q1 hedge fund 13F filings?

As of today, BMNG has moved -49.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.1% for the SPY sector ETF — an outperformance of -50.9%. Since the quarter end (March 31, 2026), BMNG has gained -53.1% vs +14.9% 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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