The cluster is too small and mixed to act on. The largest seller (SEB) exiting over half its position outweighs the scattered buying. Monitor for a larger catalyst or insider buying before considering a position. The stock's poor analyst sentiment (0% bullish) and weak historical call performance suggest avoiding a bullish read here.
Executive Summary
A small institutional cluster in BKE shows 5 buyers adding $537K in net new positions, while 2 sellers trimmed $1.12M, resulting in net selling of ~$583K. The buying is dominated by small asset managers making modest additions, while the largest seller (SEB Asset Management) cut over half its position. The cluster is weak in conviction and scale, with no insider buying to corroborate the bullish tilt.
Key Financial Metrics
Institutional Positions
Net institutional flow: -$583.0K
▲ Buyers (5)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Universal- Beteiligungs- Und | ADD | +56.9% | $1.4M | $325.0K |
| Russell Investments Group | ADD | +28.3% | $1.5M | $106.0K |
| D.a. Davidson & | ADD | +48.4% | $479.0K | $94.0K |
▼ Sellers (2)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| Seb Asset Management Ab | TRIM | -55.1% | $1.8M | -$1.1M |
| Farther Finance Advisors | TRIM | -29.2% | $12.0K | -$4.9K |
Key Facts
- 5 buyers added $537K in aggregate, led by Universal-Beteiligungs (+$325K) and Russell Investments (+$106K)
- 2 sellers trimmed $1.12M, with SEB Asset Management alone cutting $1.12M (55% of its position)
- Net institutional flow was negative: ~$583K more sold than bought
- No open-market insider buying to corroborate the cluster; 13F × Form 4 confluence score is low (15/100, divergent)
Financial Impact
Net institutional selling of ~$583K across 7 filers; largest move was SEB Asset Management's $1.12M trim
Risk Factors
- Cluster is small in dollar terms relative to BKE's $2.4B market cap
- 13F data is 45+ days stale; positions may have already been unwound
- No insider buying to confirm the thesis; historical BKE calls have underperformed badly
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-BKE-2026-Q2 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | 144 | $47.48 | awaiting T+60 | — | — |
Oct 22, 2026 4d ago | Insider Cluster | $46.54 | awaiting T+60 | — | — |
Sep 15, 2026 5w ago | 8-K | $39.65 | awaiting T+60 | — | — |
Aug 31, 2026 8w ago | 8-K | $42.60 | awaiting T+60 | — | — |
Aug 8, 2026 11w ago | Institutional Cluster | $46.65 | awaiting T+60 | — | — |
Jun 2, 2026 20w ago | 8-K | $44.15 $44.17 | ▲ +0.05% | ▼ −1.07% | — |
May 29, 2026 21w ago | 8-K | $45.87 $44.41 | ▼ −3.18% | ▼ −4.37% | — |
Apr 22, 2026 26w ago | DEFA14A | $55.95 $42.47 | ▼ −24.09% | ▼ −28.87% | — |
Apr 10, 2026 28w ago | Insider Cluster | $54.47 $42.69 | ▲ +21.63% | ▲ +31.95% | — |
Mar 17, 2026 31w ago | Insider Cluster | $49.09 $45.29 | ▲ +7.74% | ▲ +19.88% | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers