BESF Bastion Energy ETF
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
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Bastion Energy ETF (BESF) ETF
No description available.
- Exchange
- BATS
- Inception
- 2025-06-03
- Has Options
- No
- Expense ratio
- —
- Assets
- $33M SEC filing, May 29, 2026
- Trailing yield
- 6.15% paid quarterly
- Average daily volume
- $118K 30 sessions
- Holdings
- 21 top 10 are 51.1%
- Listed
- Jun 3, 2025 Cboe BZX
Moves with. High yield over Treasuries (10% of its variance, beta 1.72); Developed markets ex-US over US (4% of its variance, beta -0.65); Small caps over large (4% of its variance, beta 0.40); Long Treasuries (4% of its variance, beta -0.30). These factors explain 24% of its daily moves over the last year, so most of what drives this fund is something else.
All 21 holdingsFlow historySimilar fundsOverlap toolAll Energy ETFs
- May 2026
- +$1.6M latest reported month
- Latest 3 months
- +$2.0M +6.0% of assets
- Latest 12 months
- +$23M +69.6% of assets
View as a table
| Month | Net flow |
|---|---|
| May 2026 | +$1.6M |
| Apr 2026 | $0 |
| Mar 2026 | +$325K |
| Feb 2026 | +$375K |
| Jan 2026 | +$5K |
| Dec 2025 | +$671K |
| Nov 2025 | +$1.3M |
| Oct 2025 | +$266K |
| Sep 2025 | −$113K |
| Aug 2025 | +$795K |
| Jul 2025 | +$2.2M |
| Jun 2025 | +$15M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 12 months ago
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| LNGXGlobal X U.S. Natural Gas ETF | 43% | 0.45% | $57M | — | compare |
| TNGYTortoise Energy ETF | 41% | 0.85% | $532M | +23.7% | compare |
| USAIPacer American Energy Infrastructure ETF | 37% | 0.75% | $115M | +14.4% | compare |
| FXNFirst Trust Energy AlphaDEX Fund | 33% | 0.63% | $380M | +42.4% | compare |
| FCGFirst Trust Natural Gas ETF | 32% | 0.59% | $669M | +25.5% | compare |
Ranked by how much of the two portfolios is the same securities.
- Holdings vs fair value
- +35.6% 84% under, 11% over · 100% covered
- Price / earnings
- 34.0 20% loss-making · 100% covered
- Price / book · sales
- 1.9 · 2.0 revenue growth +16.3%
- Above 200-day average
- 52% 38% above 50-day · by weight
- Short interest
- 9.5% of float, weighted · 4.3 days to cover
- Insider buying
- 5% of weight had net insider buying, 90 days; 41% net selling
- 13F holders
- +4.7% change in shares held by institutions, latest quarter
- Reporting earnings
- 0.0% of weight in 7 days; 0.0% in 14
Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.
| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| Exit | XIFRXPLR Infrastructure LP | 6.76% | — | — |
| Exit | LBRTLiberty Energy Inc | 6.24% | — | — |
| Exit | KGSKodiak Gas Services Inc | 5.28% | — | — |
| New position | LNGCheniere Energy Inc | — | 5.19% | — |
| New position | EOGEOG Resources Inc | — | 4.39% | — |
| New position | PUMPProPetro Holding Corp | — | 4.32% | — |
| New position | WESWestern Midstream Partners LP | — | 4.21% | — |
| New position | KNTKKinetik Holdings Inc | — | 4.08% | — |
| Exit | NPWRNet Power Inc | 4.08% | — | — |
| New position | FANGDiamondback Energy Inc | — | 4.07% | — |
12 new, 11 exited, 4 increased and 0 decreased between the fund's two latest holdings reports; turnover 52.4%. Full holdings and history
- Authorized participants
- 3 active of 3 with agreements; top 3 did 100%
- Created · redeemed
- $58M · $35M over the fiscal year
- Redemptions in kind
- 100% creations 98% in kind
- Creation unit
- 10,000 shares
- Securities lending
- authorized, none lent
- Diversification status
- Non-diversified may concentrate in fewer issuers
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-09-28 | 2026-09-30 | $0.1352 | CD |
| 2026-06-29 | 2026-06-30 | $0.0236 | CD |
| 2026-03-30 | 2026-03-31 | $0.1294 | CD |
| 2025-12-23 | 2025-12-24 | $2.0957 | CD |
| 2025-09-29 | 2025-09-30 | $0.0458 | CD |
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | First American Government Obligations Fund | 18.93% | Short-term investment | US |
| XIFR | XPLR Infrastructure LP | 6.76% | Equity (common) | US |
| LBRT | Liberty Energy Inc | 6.24% | Equity (common) | US |
| NEXT | NextDecade Corp | 5.56% | Equity (common) | US |
| WMB | Williams Cos Inc/The | 5.42% | Equity (common) | US |
| KGS | Kodiak Gas Services Inc | 5.28% | Equity (common) | US |
| OKE | ONEOK Inc | 4.83% | Equity (common) | US |
| EQT | EQT Corp | 4.77% | Equity (common) | US |
| AR | Antero Resources Corp | 4.45% | Equity (common) | US |
| EPD | Enterprise Products Partners LP | 4.09% | Equity (common) | US |
| NPWR | Net Power Inc | 4.08% | Equity (common) | US |
| NEE | NextEra Energy Inc | 4.06% | Equity (common) | US |
| ET | Energy Transfer LP | 3.83% | Equity (common) | US |
| BKH | Black Hills Corp | 3.57% | Equity (common) | US |
| KMI | Kinder Morgan Inc | 3.24% | Equity (common) | US |
| SRE | Sempra | 3.12% | Equity (common) | US |
| GPOR | Gulfport Energy Corp | 3.06% | Equity (common) | US |
| MPLX | MPLX LP | 2.89% | Equity (common) | US |
| EXE | Expand Energy Corp | 2.86% | Equity (common) | US |
| MNR | Mach Natural Resources LP | 2.77% | Equity (common) | US |
| Category | Weight | Value | Positions |
|---|---|---|---|
| Short-term investment | 13.35% | $4.4M | 1 |
| Month | '25 | '26 | Avg |
|---|---|---|---|
| Jan | -- | 5.56% | 5.56% |
| Feb | -- | 6.70% | 6.70% |
| Mar | -- | 4.40% | 4.40% |
| Apr | -- | 4.54% | 4.54% |
| May | -- | -5.33% | -5.33% |
| Jun | 3.46% | -1.82% | 0.82% |
| Jul | 4.35% | 2.25% | 3.30% |
| Aug | 6.79% | 6.09% | 6.44% |
| Sep | 3.58% | -11.16% | -3.79% |
| Oct | 9.07% | 3.55%* | 6.31% |
| Nov | 4.32% | -- | 4.32% |
| Dec | -4.08% | -- | -4.08% |
| Total | 30.33% | 14.02% | 22.18% |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
Here is my comprehensive stock analysis report for BESF:
Executive Summary
Overall assessment: NEUTRAL (6/10) - The technical indicators suggest a neutral market condition, while the momentum oscillators indicate some bullish tendencies.
Key drivers and primary risks:
- Trend direction: Short-term trend appears to be up, but the medium-term trend is uncertain.
- Support/resistance levels: The stock is trading near its 20-day SMA, with support at $40.51 and resistance around $42.05.
- Momentum signals: RSI is neutral, while MACD suggests a bullish momentum.
Recent news sentiment impact:
- No recent news available - This lack of market-moving news may contribute to the neutral technical outlook.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Up
- Medium-term (1-3 months): Uncertain
- Long-term (3-12 months): Bearish
Support/Resistance Levels:
- Key price levels: $40.51, $42.05
Momentum Signals:
- RSI interpretation: Neutral (62.86) - not oversold or overbought
- MACD signal: Bullish (0.56 / 0.10)
- Bollinger Bands position: Neutral - the stock is trading near the middle band.
Volume Analysis:
- Volume trends: The volume rate of change indicates increasing interest, while the OBV suggests a strong upward trend.
- Institutional interest signals: No significant institutional buying or selling detected.
News & Sentiment Analysis
Recent Headlines Summary:
- No recent news available
Sentiment Assessment:
- Aggregate news sentiment: Neutral (no news to analyze)
Catalyst Identification:
- None - The lack of market-moving news may indicate a period of consolidation.
- Market Narrative: The neutral technical outlook and the absence of significant news may lead to range-bound trading.
Risk & Volatility Assessment
Beta Interpretation:
- Beta: -0.01 (vs SPY) - The stock moves opposite to the market, suggesting low risk relative to its volatility.
Volatility Regime:
- Current vs historical volatility levels: The current volatility is relatively low compared to its recent history.
Options Market Signals:
- IV rank: N/A (no options data available)
- Put/call ratios: N/A
- Unusual activity: None
Downside Protection:
- Support levels: $40.51, $38.18
- Risk management considerations: A stop-loss level could be set around the 20-day SMA or the lower Bollinger Band.
Market Context & Positioning
Sector Performance:
- Relative strength vs sector/market: Uncertain - The stock's performance is not significantly different from its peers or the broader market.
Institutional Activity:
- Volume patterns suggesting institutional interest: None - No significant buying or selling detected.
Correlation Analysis:
- How stock moves relative to market (R-squared interpretation): Unclear - The correlation with the SPY is low, indicating that this stock's movement may not be closely tied to the broader market.
Relative Valuation:
- Position within trading range: Uncertain - The stock appears to be trading near its 20-day SMA and Bollinger Bands, suggesting a neutral valuation.
Key Levels & Action Items
Critical Price Levels:
- Support/resistance levels: $40.51, $42.05
Breakout/Breakdown Levels:
- Technical levels that could trigger significant moves: None - The stock appears to be trading near its 20-day SMA and Bollinger Bands.
Time-Sensitive Catalysts:
- Earnings dates: No earnings data available
- Product launches: None
- Regulatory changes: None
Risk Management:
- Stop-loss levels: Around the 20-day SMA or the lower Bollinger Band.
- Position sizing considerations: A conservative approach may be suitable due to the stock's low volatility and bearish long-term trend.
Please note that this analysis is based on the provided data, and further research may be necessary for a more comprehensive understanding of the stock.
BESF Options Activity & IV Rank
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
Risk Metrics
Analysis Details
Data Points: 251
Period: 252 trading days
Low volatility - stock moves less than market
BESF Institutional Ownership (13F)
Latest filings — 2026-06-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
Click any bar to view the full quote for that stock.
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|---|---|---|---|---|---|
| XIFR | XPLR Infrastructure LP | 6.76% | $10.37 | +0.29% | -0.19% | -9.04% |
| LBRT | Liberty Energy Inc | 6.24% | $19 | +0.80% | -1.61% | -9.35% |
| NEXT | NextDecade Corp | 5.56% | $6.62 | -1.93% | +2.16% | -13.35% |
| WMB | Williams Cos Inc/The | 5.42% | $72.67 | +0.46% | +3.02% | -0.25% |
| KGS | Kodiak Gas Services Inc | 5.28% | $53.47 | -0.19% | -1.58% | -16.26% |
| OKE | ONEOK Inc | 4.83% | $89.8 | -0.54% | +2.18% | -7.06% |
| EQT | EQT Corp | 4.77% | $52.83 | -0.21% | +5.30% | -2.29% |
| AR | Antero Resources Corp | 4.45% | $35.9 | -0.44% | +5.34% | -6.58% |
| EPD | Enterprise Products Partners LP | 4.09% | $36.08 | -1.82% | -0.28% | -7.25% |
| NPWR | Net Power Inc | 4.08% | $1.23 | -0.81% | -11.51% | -35.60% |
| NEE | NextEra Energy Inc | 4.06% | $77.38 | +0.01% | +0.72% | -5.99% |
| ET | Energy Transfer LP | 3.83% | $20.41 | -1.02% | -0.29% | -5.29% |
| BKH | Black Hills Corp | 3.57% | $76.08 | -0.58% | +7.22% | +6.70% |
| KMI | Kinder Morgan Inc | 3.24% | $32.49 | +0.74% | +4.57% | +5.28% |
| SRE | Sempra | 3.12% | $81.34 | +1.57% | +3.78% | -2.40% |
| GPOR | Gulfport Energy Corp | 3.06% | $162.66 | -1.20% | +5.35% | -6.11% |
| MPLX | MPLX LP | 2.89% | $56.3 | -1.78% | -0.14% | -5.92% |
| EXE | Expand Energy Corp | 2.86% | $88.22 | -0.72% | +3.16% | -6.97% |
| MNR | Mach Natural Resources LP | 2.77% | $10.73 | +0.56% | +4.28% | -14.64% |