Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Neos ETF Trust (BNDI)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +2
Streak
3Q ▲
Buyers last Q
54%

Smart Money Signals — BNDI

Based on 32 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added BNDI 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
32 hedge funds hold BNDI 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 — +45% more funds vs a year ago

fund count last 6Q
+10 new funds entered over the past year (+45% 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.
🟡

Slight buying edge — 54% buying

20 buying17 selling
Last quarter: 20 funds bought or added vs 17 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~9 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 4 → 9 → 7 → 9. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 38% entered in last year

■ 19% conviction (2yr+) ■ 44% medium ■ 38% new
Only 6 funds (19%) 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.
➡️

Steady discovery — ~9 new funds/quarter

9 → 4 → 9 → 7 → 9 new funds/Q
New funds entering each quarter: 4 → 9 → 7 → 9. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 22% veterans, 53% new entrants

■ 22% veterans ■ 25% 1-2yr ■ 53% new
Of 32 current holders: 7 (22%) held 2+ years, 8 held 1–2 years, 17 (53%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋

Smaller funds dominant — 7% AUM from top-100

7% from top-100 AUM funds
5 of 32 holders rank in the top 100 by AUM, but together hold only 7% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.6
out of 10
Moderate Exit Risk
Exit risk score 4.6/10 — 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 — BNDI

In 2026 Q2, 20 hedge funds were net buyers of BNDI (9 opened a new position, 11 added to an existing one), while 17 reduced or exited (10 trimmed, 7 sold completely) — a 54% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 32.

Hedge Fund Ownership: BNDI

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

Market Analysis: BNDI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BNDI

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

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

1 top-rated funds 2 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
1.2
/ 10
conviction
Hedge Fund Positioning: BNDI
32 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 32 30 6.67%
13F Shares 3M 3M 6.95%
Total Value $128M $119M 7.13%
New Positions 9 7 +2
Increased Positions 11 17 -6
Closed Positions 7 4 +3
Reduced Positions 10 4 +6
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BNDI

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Institutional Holders (2026 Q2)

32 + investors

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

QUARTER:
Top 25 BNDI holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Retirement Planning Group, LLC 2.70% 2,256,448 $106.1M
2 Carter Financial Group, INC. 2.47% 101,455 $4.8M
3 FSA Advisors, Inc. 0.25% 11,722 $551K
4 MADDEN SECURITIES Corp 0.12% 9,042 $425K
5 Camarda Financial Advisors, LLC 0.08% 5,489 $258K
6 Coastal Bridge Advisors, LLC 0.04% 14,305 $673K
7 Compound Planning, Inc. 0.03% 25,757 $1.2M
8 Berger Financial Group, Inc 0.03% 12,359 $581K
9 Private Trust Co NA 0.02% 6,305 $297K
10 Clearstead Advisors, LLC 0.01% 18,026 $848K
11 Old Mission Capital LLC 0.01% 7,922 $373K
12 Global Retirement Partners, LLC 0.01% 8,157 $384K
13 Ameritas Advisory Services, LLC 0.00% 2,471 $116K
14 LPL Financial LLC 0.00% 125,857 $5.9M
15 NewEdge Advisors, LLC 0.00% 7,725 $363K
16 HighTower Advisors, LLC 0.00% 19,982 $940K
17 Commerce Bank 0.00% 4,258 $200K
18 DHJJ Financial Advisors, Ltd. 0.00% 55 $3K
19 Envestnet Asset Management Inc 0.00% 59,084 $2.8M
20 Parallel Advisors, LLC 0.00% 745 $35K
21 CoreCap Advisors, LLC 0.00% 317 $15K
22 Integrated Wealth Concepts LLC 0.00% 1,728 $81K
23 Farther Finance Advisors, LLC 0.00% 795 $37K
24 Harbour Investments, INC. 0.00% 341 $16K
25 Osaic Holdings, INC. 0.00% 696 $33K
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 — Neos ETF Trust (BNDI)

What does the Smart Money Trend signal show for BNDI?

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

Slight buying edge — 54% buying: Last quarter: 20 funds bought or added vs 17 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for BNDI holders?

Smaller funds dominant — 7% AUM from top-100: 5 of 32 holders rank in the top 100 by AUM, but together hold only 7% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held BNDI?

Mostly new holders — 38% entered in last year: Only 6 funds (19%) 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.

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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