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Institutional Ownership · SEC Form 13F

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.

628
Institutional holders
1,486,696,380
Shares held (tracked funds)

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).

FundSharesReported value% of valueQuarter
BROOKFIELD Corp /ON/1,193,021,145$53.0B79.9%2026-Q1
Partners Value Investments L.P. trimmed29,588,407$1.3B2.0%2026-Q1
ROYAL BANK OF CANADA trimmed19,709,657$876M1.3%2026-Q1
TD Asset Management Inc trimmed13,404,643$594M0.9%2026-Q1
PRINCIPAL FINANCIAL GROUP INC added12,735,547$566M0.9%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new11,566,760$514M0.8%2026-Q1
BANK OF MONTREAL /CAN/ trimmed10,513,011$468M0.7%2026-Q1
Capital World Investors added10,516,128$467M0.7%2026-Q1
MACKENZIE FINANCIAL CORP trimmed9,765,188$434M0.7%2026-Q1
FMR LLC trimmed9,123,346$406M0.6%2026-Q1
Capital International Investors trimmed7,622,684$339M0.5%2026-Q1
NORGES BANK added5,304,727$257M0.4%2026-Q1
MORGAN STANLEY added5,761,362$256M0.4%2026-Q1
FIL Ltd trimmed5,675,160$252M0.4%2026-Q1
BlackRock, Inc. added5,516,645$245M0.4%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE added5,319,506$236M0.4%2026-Q1
CIBC Asset Management Inc added5,283,210$235M0.4%2026-Q1
Beutel, Goodman & Co Ltd. added5,189,113$230M0.3%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added4,887,253$224M0.3%2026-Q1
TD Waterhouse Canada Inc. added4,708,162$206M0.3%2026-Q1
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed3,886,049$198M0.3%2026-Q1
STATE STREET CORP added3,817,398$170M0.3%2026-Q1
NEUBERGER BERMAN GROUP LLC added3,774,413$168M0.3%2026-Q1
CIBC WORLD MARKET INC. trimmed3,686,583$164M0.2%2026-Q1
BANK OF AMERICA CORP /DE/ added3,448,351$153M0.2%2026-Q1
VANGUARD FIDUCIARY TRUST CO new3,426,472$152M0.2%2026-Q1
DAVENPORT & Co LLC trimmed3,407,614$151M0.2%2026-Q1
GOLDMAN SACHS GROUP INC added3,233,799$144M0.2%2026-Q1
COOKE & BIELER LP added3,085,428$137M0.2%2026-Q1
BANK OF NOVA SCOTIA trimmed3,001,762$133M0.2%2026-Q1
Vanguard Global Advisers, LLC new2,684,208$119M0.2%2026-Q1
NATIONAL BANK OF CANADA /FI/ trimmed2,480,259$110M0.2%2026-Q1
Legal & General Group Plc trimmed2,221,139$98M0.1%2026-Q1
Markel Group Inc.2,193,953$98M0.1%2026-Q1
CANADA PENSION PLAN INVESTMENT BOARD trimmed2,171,892$97M0.1%2026-Q1
Douglass Winthrop Advisors, LLC trimmed2,109,243$93M0.1%2026-Q1
D. E. Shaw & Co., Inc. added1,958,552$87M0.1%2026-Q1
SCOTIA CAPITAL INC. added1,930,397$85M0.1%2026-Q1
JANE STREET GROUP, LLC added1,878,781$84M0.1%2026-Q1
TORONTO DOMINION BANK trimmed1,717,088$76M0.1%2026-Q1
Madison Asset Management, LLC trimmed1,675,100$74M0.1%2026-Q1
INTACT INVESTMENT MANAGEMENT INC. added1,661,168$74M0.1%2026-Q1
JPMORGAN CHASE & CO added1,552,064$67M0.1%2026-Q1
Invesco Ltd. trimmed1,374,511$61M0.1%2026-Q1
FIRST MANHATTAN CO. LLC. trimmed1,107,045$49M0.1%2026-Q1
RENAISSANCE TECHNOLOGIES LLC added1,103,325$49M0.1%2026-Q1
Connor, Clark & Lunn Investment Management Ltd. trimmed1,058,073$47M0.1%2026-Q1
NORTHERN TRUST CORP added1,053,775$47M0.1%2026-Q1
Nuveen, LLC trimmed1,042,511$46M0.1%2026-Q1
Bank of New York Mellon Corp trimmed1,007,645$45M0.1%2026-Q1
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added942,000$42M0.1%2026-Q1
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp trimmed923,700$41M0.1%2026-Q1
Fenimore Asset Management Inc trimmed917,899$41M0.1%2026-Q1
Federation des caisses Desjardins du Quebec added925,344$41M0.1%2026-Q1
Corient Private Wealth LLC trimmed901,305$40M0.1%2026-Q1
NATIXIS ADVISORS, LLC trimmed839,341$37M0.1%2026-Q1
HRT FINANCIAL LP added830,455$37M0.1%2026-Q1
1832 Asset Management L.P. added807,922$36M0.1%2026-Q1
JONES FINANCIAL COMPANIES LLLP added823,068$36M0.1%2026-Q1
DEUTSCHE BANK AG\ trimmed791,866$35M0.1%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new774,337$34M0.1%2026-Q1
Amundi added704,295$31M0.0%2026-Q1
Caisse de depot et placement du Quebec added692,000$31M0.0%2026-Q1
UBS Group AG added654,494$29M0.0%2026-Q1
WELLS FARGO & COMPANY/MN added645,817$29M0.0%2026-Q1
Broad Run Investment Management, LLC added603,637$27M0.0%2026-Q1
Sather Financial Group Inc added571,709$25M0.0%2026-Q1
Quadrature Capital Ltd added566,600$25M0.0%2026-Q1
MUFG SECURITIES (CANADA), LTD. trimmed558,805$25M0.0%2026-Q1
GFI Investment Counsel Ltd. trimmed554,753$25M0.0%2026-Q1
AQR CAPITAL MANAGEMENT LLC added548,210$24M0.0%2026-Q1
BARCLAYS PLC added511,409$23M0.0%2026-Q1
SCHRODER INVESTMENT MANAGEMENT GROUP added468,188$21M0.0%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new462,385$21M0.0%2026-Q1
NEW YORK STATE COMMON RETIREMENT FUND452,300$20M0.0%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added451,056$20M0.0%2026-Q1
NICOLA WEALTH MANAGEMENT LTD. added433,758$19M0.0%2026-Q1
PORTLAND INVESTMENT COUNSEL INC. added422,387$19M0.0%2026-Q1
CI INVESTMENTS INC. trimmed410,270$18M0.0%2026-Q1
BAMCO INC /NY/ trimmed398,072$18M0.0%2026-Q1
CITADEL ADVISORS LLC trimmed384,389$17M0.0%2026-Q1
CANADA LIFE ASSURANCE Co added381,520$17M0.0%2026-Q1
VAN ECK ASSOCIATES CORP added376,634$17M0.0%2026-Q1
Fiera Capital Corp added371,444$16M0.0%2026-Q1
GUARDIAN CAPITAL LP added358,646$16M0.0%2026-Q1
AVIVA PLC added351,212$16M0.0%2026-Q1
Addenda Capital Inc. trimmed251,127$16M0.0%2026-Q1
MONTRUSCO BOLTON INVESTMENTS INC. added345,381$15M0.0%2026-Q1
Guardian Partners Inc. added341,610$15M0.0%2026-Q1
MCDONALD CAPITAL INVESTORS INC/CA trimmed339,035$15M0.0%2026-Q1
SG Americas Securities, LLC added329,364$15M0.0%2026-Q1
Marathon Asset Management Ltd trimmed324,752$14M0.0%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP added322,554$14M0.0%2026-Q1
RHUMBLINE ADVISERS added314,198$14M0.0%2026-Q1
VANGUARD GROUP INC added17,532,848$918M1.4%2025-Q4 stale
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC trimmed1,835,120$96M0.1%2025-Q4 stale
LGT CAPITAL PARTNERS LTD. trimmed495,000$27M0.0%2025-Q2 stale
ADAGE CAPITAL PARTNERS GP, L.L.C. added386,867$19M0.0%2025-Q1 stale
CIBC Private Wealth Group LLC trimmed352,261$18M0.0%2025-Q4 stale
CORTLAND ASSOCIATES INC/MO trimmed313,637$15M0.0%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.

HoldersTotal shares

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.

Learn how to read institutional ownership