The unanimous buying by three asset managers, especially the doubling by Concurrent Investment Advisors, suggests growing institutional confidence in BINC. However, 13F data is 45+ days stale; monitor for any subsequent insider or fund activity to confirm the thesis remains intact.
Executive Summary
Three asset managers added to their BINC positions in Q3 2026, with Concurrent Investment Advisors more than doubling its stake. Total institutional buying reached $15.8M in net new value, with no sellers in the cluster.
Key Financial Metrics
Institutional Positions
Net institutional flow: $15.8M
▲ Buyers (3)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Concurrent Investment Advisors | DOUBLED | +106.6% | $27.9M | $14.0M |
| Wealth Enhancement Advisory Services | ADD | +38.5% | $4.4M | $1.1M |
| Davenport & Co | ADD | +51.4% | $2.1M | $681.0K |
Key Facts
- 3 institutional buyers, 0 sellers in Q3 2026
- Concurrent Investment Advisors doubled its position (+106.6%), adding $14.0M in value
- Wealth Enhancement Advisory Services added 38.5% ($1.1M increase)
- Davenport & Co added 51.4% ($681K increase)
- Total net institutional inflow: $15.8M
Financial Impact
Three asset managers accumulated $15.8M in net new BINC positions during Q3 2026, bringing total disclosed holdings to $34.5M.
Risk Factors
- 13F data has a 45-day reporting lag; positions may have been reduced since quarter-end
- All buyers are asset managers, not hedge funds or activists — signal is moderate, not transformative
- BINC is an ETF; institutional flows may reflect passive allocation shifts rather than active conviction
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-BINC-2026-Q3 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 11d ago | Institutional Cluster | $50.70 $50.66 | ▼ −0.08% | ▲ +0.35% | — |
Jun 11, 2026 19w ago | Institutional Cluster | $52.16 $52.28 | ▲ +0.23% | ▼ −0.20% | — |
Feb 28, 2026 34w ago | Institutional Cluster | $52.50 $52.28 | ▼ −0.41% | ▲ +0.80% | — |
US Market Status
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