Who owns BAM (BAM)
Which tracked institutional funds hold BAM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BAM company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
84 tracked funds added or opened BAM while 212 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
BAM’s largest tracked holder by dollar value, BROOKFIELD Corp /ON/, sizes it at 71.4% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 71.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in BAM divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 627 tracked filers holding BAM, 310 increased or opened the position and 278 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in BAM between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 29
- VANGUARD CAPITAL MANAGEMENT LLC$514M
- VANGUARD FIDUCIARY TRUST CO$152M
- Vanguard Global Advisers, LLC$119M
- VANGUARD ASSET MANAGEMENT, Ltd$34M
- Caisse de depot et placement du Quebec$31M
- VANGUARD PORTFOLIO MANAGEMENT LLC$21M
Full exits 28
- VANGUARD GROUP INC$918M
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC$96M
- CIBC Private Wealth Group LLC$18M
- QV Investors Inc.$13M
- MUFG Securities EMEA plc$10M
- FORSTA AP-FONDEN$5M
Largest adds
- Capital World Investors$202M
- PRINCIPAL FINANCIAL GROUP INC$154M
- TD Waterhouse Canada Inc.$129M
- Beutel, Goodman & Co Ltd.$128M
- JANE STREET GROUP, LLC$83M
- MORGAN STANLEY$49M
Largest trims
- BROOKFIELD Corp /ON/$9.5B
- FMR LLC$452M
- Capital International Investors$359M
- Partners Value Investments L.P.$298M
- FIL Ltd$262M
- TD Asset Management Inc$233M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BROOKFIELD Corp /ON/ | 1,193,021,145 | $53.0B | 79.9% | 2026-Q1 |
| Partners Value Investments L.P. trimmed | 29,588,407 | $1.3B | 2.0% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 19,709,657 | $876M | 1.3% | 2026-Q1 |
| TD Asset Management Inc trimmed | 13,404,643 | $594M | 0.9% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 12,735,547 | $566M | 0.9% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 11,566,760 | $514M | 0.8% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ trimmed | 10,513,011 | $468M | 0.7% | 2026-Q1 |
| Capital World Investors added | 10,516,128 | $467M | 0.7% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP trimmed | 9,765,188 | $434M | 0.7% | 2026-Q1 |
| FMR LLC trimmed | 9,123,346 | $406M | 0.6% | 2026-Q1 |
| Capital International Investors trimmed | 7,622,684 | $339M | 0.5% | 2026-Q1 |
| NORGES BANK added | 5,304,727 | $257M | 0.4% | 2026-Q1 |
| MORGAN STANLEY added | 5,761,362 | $256M | 0.4% | 2026-Q1 |
| FIL Ltd trimmed | 5,675,160 | $252M | 0.4% | 2026-Q1 |
| BlackRock, Inc. added | 5,516,645 | $245M | 0.4% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 5,319,506 | $236M | 0.4% | 2026-Q1 |
| CIBC Asset Management Inc added | 5,283,210 | $235M | 0.4% | 2026-Q1 |
| Beutel, Goodman & Co Ltd. added | 5,189,113 | $230M | 0.3% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 4,887,253 | $224M | 0.3% | 2026-Q1 |
| TD Waterhouse Canada Inc. added | 4,708,162 | $206M | 0.3% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 3,886,049 | $198M | 0.3% | 2026-Q1 |
| STATE STREET CORP added | 3,817,398 | $170M | 0.3% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC added | 3,774,413 | $168M | 0.3% | 2026-Q1 |
| CIBC WORLD MARKET INC. trimmed | 3,686,583 | $164M | 0.2% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 3,448,351 | $153M | 0.2% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 3,426,472 | $152M | 0.2% | 2026-Q1 |
| DAVENPORT & Co LLC trimmed | 3,407,614 | $151M | 0.2% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 3,233,799 | $144M | 0.2% | 2026-Q1 |
| COOKE & BIELER LP added | 3,085,428 | $137M | 0.2% | 2026-Q1 |
| BANK OF NOVA SCOTIA trimmed | 3,001,762 | $133M | 0.2% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 2,684,208 | $119M | 0.2% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ trimmed | 2,480,259 | $110M | 0.2% | 2026-Q1 |
| Legal & General Group Plc trimmed | 2,221,139 | $98M | 0.1% | 2026-Q1 |
| Markel Group Inc. | 2,193,953 | $98M | 0.1% | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD trimmed | 2,171,892 | $97M | 0.1% | 2026-Q1 |
| Douglass Winthrop Advisors, LLC trimmed | 2,109,243 | $93M | 0.1% | 2026-Q1 |
| D. E. Shaw & Co., Inc. added | 1,958,552 | $87M | 0.1% | 2026-Q1 |
| SCOTIA CAPITAL INC. added | 1,930,397 | $85M | 0.1% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 1,878,781 | $84M | 0.1% | 2026-Q1 |
| TORONTO DOMINION BANK trimmed | 1,717,088 | $76M | 0.1% | 2026-Q1 |
| Madison Asset Management, LLC trimmed | 1,675,100 | $74M | 0.1% | 2026-Q1 |
| INTACT INVESTMENT MANAGEMENT INC. added | 1,661,168 | $74M | 0.1% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 1,552,064 | $67M | 0.1% | 2026-Q1 |
| Invesco Ltd. trimmed | 1,374,511 | $61M | 0.1% | 2026-Q1 |
| FIRST MANHATTAN CO. LLC. trimmed | 1,107,045 | $49M | 0.1% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 1,103,325 | $49M | 0.1% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 1,058,073 | $47M | 0.1% | 2026-Q1 |
| NORTHERN TRUST CORP added | 1,053,775 | $47M | 0.1% | 2026-Q1 |
| Nuveen, LLC trimmed | 1,042,511 | $46M | 0.1% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 1,007,645 | $45M | 0.1% | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 942,000 | $42M | 0.1% | 2026-Q1 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp trimmed | 923,700 | $41M | 0.1% | 2026-Q1 |
| Fenimore Asset Management Inc trimmed | 917,899 | $41M | 0.1% | 2026-Q1 |
| Federation des caisses Desjardins du Quebec added | 925,344 | $41M | 0.1% | 2026-Q1 |
| Corient Private Wealth LLC trimmed | 901,305 | $40M | 0.1% | 2026-Q1 |
| NATIXIS ADVISORS, LLC trimmed | 839,341 | $37M | 0.1% | 2026-Q1 |
| HRT FINANCIAL LP added | 830,455 | $37M | 0.1% | 2026-Q1 |
| 1832 Asset Management L.P. added | 807,922 | $36M | 0.1% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 823,068 | $36M | 0.1% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 791,866 | $35M | 0.1% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 774,337 | $34M | 0.1% | 2026-Q1 |
| Amundi added | 704,295 | $31M | 0.0% | 2026-Q1 |
| Caisse de depot et placement du Quebec added | 692,000 | $31M | 0.0% | 2026-Q1 |
| UBS Group AG added | 654,494 | $29M | 0.0% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 645,817 | $29M | 0.0% | 2026-Q1 |
| Broad Run Investment Management, LLC added | 603,637 | $27M | 0.0% | 2026-Q1 |
| Sather Financial Group Inc added | 571,709 | $25M | 0.0% | 2026-Q1 |
| Quadrature Capital Ltd added | 566,600 | $25M | 0.0% | 2026-Q1 |
| MUFG SECURITIES (CANADA), LTD. trimmed | 558,805 | $25M | 0.0% | 2026-Q1 |
| GFI Investment Counsel Ltd. trimmed | 554,753 | $25M | 0.0% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 548,210 | $24M | 0.0% | 2026-Q1 |
| BARCLAYS PLC added | 511,409 | $23M | 0.0% | 2026-Q1 |
| SCHRODER INVESTMENT MANAGEMENT GROUP added | 468,188 | $21M | 0.0% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 462,385 | $21M | 0.0% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND | 452,300 | $20M | 0.0% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 451,056 | $20M | 0.0% | 2026-Q1 |
| NICOLA WEALTH MANAGEMENT LTD. added | 433,758 | $19M | 0.0% | 2026-Q1 |
| PORTLAND INVESTMENT COUNSEL INC. added | 422,387 | $19M | 0.0% | 2026-Q1 |
| CI INVESTMENTS INC. trimmed | 410,270 | $18M | 0.0% | 2026-Q1 |
| BAMCO INC /NY/ trimmed | 398,072 | $18M | 0.0% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 384,389 | $17M | 0.0% | 2026-Q1 |
| CANADA LIFE ASSURANCE Co added | 381,520 | $17M | 0.0% | 2026-Q1 |
| VAN ECK ASSOCIATES CORP added | 376,634 | $17M | 0.0% | 2026-Q1 |
| Fiera Capital Corp added | 371,444 | $16M | 0.0% | 2026-Q1 |
| GUARDIAN CAPITAL LP added | 358,646 | $16M | 0.0% | 2026-Q1 |
| AVIVA PLC added | 351,212 | $16M | 0.0% | 2026-Q1 |
| Addenda Capital Inc. trimmed | 251,127 | $16M | 0.0% | 2026-Q1 |
| MONTRUSCO BOLTON INVESTMENTS INC. added | 345,381 | $15M | 0.0% | 2026-Q1 |
| Guardian Partners Inc. added | 341,610 | $15M | 0.0% | 2026-Q1 |
| MCDONALD CAPITAL INVESTORS INC/CA trimmed | 339,035 | $15M | 0.0% | 2026-Q1 |
| SG Americas Securities, LLC added | 329,364 | $15M | 0.0% | 2026-Q1 |
| Marathon Asset Management Ltd trimmed | 324,752 | $14M | 0.0% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 322,554 | $14M | 0.0% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 314,198 | $14M | 0.0% | 2026-Q1 |
| VANGUARD GROUP INC added | 17,532,848 | $918M | 1.4% | 2025-Q4 stale |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC trimmed | 1,835,120 | $96M | 0.1% | 2025-Q4 stale |
| LGT CAPITAL PARTNERS LTD. trimmed | 495,000 | $27M | 0.0% | 2025-Q2 stale |
| ADAGE CAPITAL PARTNERS GP, L.L.C. added | 386,867 | $19M | 0.0% | 2025-Q1 stale |
| CIBC Private Wealth Group LLC trimmed | 352,261 | $18M | 0.0% | 2025-Q4 stale |
| CORTLAND ASSOCIATES INC/MO trimmed | 313,637 | $15M | 0.0% | 2025-Q1 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.