BIL(BIL)
AI Look-Through Summary
AI GeneratedThe portfolio has a relatively low sector allocation to other sectors, with a notable exception being the 3.6% weight in Other. This suggests that the fund's holdings are concentrated in a specific area of the market, which could lead to increased exposure to idiosyncratic risks associated with that particular sector or industry.
The top holding, 924QSGII3, accounts for a significant portion of the portfolio, comprising approximately 3.6% of assets under management. This level of concentration may amplify returns and volatility associated with this single security. Compared to the broader market, the fund's sector mix appears to be skewed towards Other, which could make it more sensitive to changes in that particular sector or industry. A favorable macro environment for this portfolio would likely involve stability and growth in the sector(s) represented by 924QSGII3, while a downturn in those areas could have negative implications for the fund's performance.
Generated by Qwen-32B from constituent-level data. Not investment advice. Updated: 2026-07-14 07:32:01.753294+00
🔍 Theme Alignment Audit
AI GeneratedPurity: 10/100The investment vehicle BIL presents a unique case where the concept of thematic purity is rendered moot by its fundamental structure as an ultra-short-term Treasury bill fund. Consequently, there are no holdings that deviate from this specific mandate, nor is there any reliance on mega-cap equities to artificially stabilize returns, as the portfolio exclusively holds government debt instruments with maturities of one year or less. The top holding listed under a generic identifier represents a single security within a highly diversified pool designed solely for capital preservation rather than exposure to a specific industry sector or growth theme.
Regarding concentration risk and sector coherence, the fund exhibits near-total alignment between its stated purpose and its actual composition by avoiding equity markets entirely. With a top-10 concentration of merely 3.6%, the portfolio demonstrates an extreme lack of reliance on any individual issuer, effectively eliminating idiosyncratic stock-specific risks that typically plague thematic equity funds. This structure ensures the fund remains distinct from broad market indices like the S&P 500 by targeting yield and liquidity instead of capital appreciation or sector rotation. The absence of traditional industry sectors in its breakdown further confirms that this instrument serves a different functional role within an investor's portfolio, focusing on cash management rather than thematic investing strategies.
AI analysis of holdings alignment vs fund theme. Not investment advice. Updated: 2026-05-24 08:20:51.561019+00
ETF Look-Through Dashboard
Peer through the ETF wrapper to see exactly what you own. Every metric is computed from constituent-level data.
Herfindahl-Hirschman Concentration Index
Morningstar-Style Box
Under the Hood — Top 1 Constituents
| # | Ticker | Company | Weight | P/E | F-Score |
|---|---|---|---|---|---|
| 1 | 924QSGII3 | SSI US GOV MONEY MARKET CLASS | 3.62% | — | — |
Historical Holdings Snapshots
Browse how BIL’s holdings have changed across SEC filing dates. Showing top holdings per snapshot.
2026-07-19
1 holdings · 3.6% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | 924QSGII3 | 3.62% | 29,046,816 | — |
2026-07-18
1 holdings · 3.6% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | 924QSGII3 | 3.62% | 29,046,816 | — |
2026-07-17
1 holdings · 3.6% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | 924QSGII3 | 3.62% | 33,970,754 | — |
2026-07-16
1 holdings · 3.6% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | 924QSGII3 | 3.62% | 34,073,547 | — |
2026-07-15
1 holdings · 3.6% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | 924QSGII3 | 3.62% | 33,903,375 | — |
2026-07-14
1 holdings · 3.6% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | 924QSGII3 | 3.62% | 34,076,301 | — |
Source: SEC filings and fund provider disclosures. Shows last 6 snapshot dates, top 15 holdings per date by weight.
Risk Profile
Sharpe = risk-adjusted return (higher is better). Computed from 1,200+ trading days with 5% risk-free rate.
Price Chart with Moving Averages
Technical Setup
AI GeneratedThe current price of $91.53 for BIL sits within a technical context that warrants observation regarding institutional positioning, though specific moving average crossovers and volume trends are not provided in the available data to confirm directional bias. Without explicit information on whether short-term averages have crossed above or below longer-term counterparts, it remains unclear if larger market participants are actively accumulating shares based on momentum shifts or if they are maintaining a neutral stance amidst consolidation. The absence of detailed volume metrics prevents an assessment of whether trading activity is expanding in alignment with price movements, which often signals institutional conviction when accompanied by significant price breaks. Institutional behavior typically manifests through sustained price action relative to key support and resistance levels, yet the current snapshot offers limited granularity on these dynamics. If larger players were aggressively positioning themselves, one might expect visible divergence between rising prices and declining volume or a clear breakout pattern supported by elevated participation; however, such patterns cannot be definitively identified without further data points. The market structure at $91.53 may represent a period of equilibrium where institutional flows are balanced, potentially indicating that major entities are neither aggressively entering nor exiting positions but rather waiting for clearer catalysts before committing significant capital to either side of the trade.
Underwater (Drawdown from Peak)
How far below the all-time high the price has been over time. Deeper = more pain for holders.
Rolling 60-Day Beta vs S&P 500 (VOO)
How the ETF's sensitivity to market moves changes over time. β > 1 = more volatile than the market.
Yield & Income
Sector Drift Over Time
How BIL’s sector allocation has shifted across snapshots. Use the slider to travel through time.
Active Conviction Tracker
Shares bought and sold between the latest two data snapshots — reveals what the fund manager is actually doing.
Explore More
Quant metrics computed deterministically from financial statements and price data. Updated: 2026-07-17.
SecuritiesDB is for informational purposes only. Not investment advice.