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Institutional Ownership · SEC Form 13F

Who owns BAND (BAND)


Which tracked institutional funds hold BAND, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BAND 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.

156
Institutional holders
23,884,742
Shares held (tracked funds)

How the tape is positioned

The tracked-fund tape on BAND is one-sided between 2025-Q4 and 2026-Q1: 52 added or opened and 14 trimmed or exited — on balance accumulating.

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

BAND’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes BAND more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in BAND 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 156 tracked filers holding BAND, 86 increased or opened the position and 76 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.

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 BAND 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 11

  • VANGUARD CAPITAL MANAGEMENT LLC$21M
  • VANGUARD PORTFOLIO MANAGEMENT LLC$10M
  • Bastion Asset Management Inc.$7M
  • VANGUARD FIDUCIARY TRUST CO$3M
  • ANTIPODES PARTNERS Ltd$3M
  • Jump Financial, LLC$2M

Full exits 5

  • VANGUARD GROUP INC$27M
  • Portolan Capital Management, LLC$5M
  • Keel Point, LLC$5M
  • TWO SIGMA ADVISERS, LP$1M
  • Integrated Advisors Network LLC$754K

Largest adds

  • ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$10M
  • BlackRock, Inc.$8M
  • DIMENSIONAL FUND ADVISORS LP$5M
  • TWO SIGMA INVESTMENTS, LP$5M
  • CYPRESS POINT INVESTMENT MANAGEMENT LP$5M
  • Assenagon Asset Management S.A.$4M

Largest trims

  • GOLDMAN SACHS GROUP INC$3M
  • JACOBS LEVY EQUITY MANAGEMENT, INC$2M
  • Qube Research & Technologies Ltd$2M
  • LAKEWOOD CAPITAL MANAGEMENT, LP$2M
  • MARTINGALE ASSET MANAGEMENT L P$522K
  • CHARLES SCHWAB INVESTMENT MANAGEMENT INC$510K

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
BlackRock, Inc. added2,957,708$53M11.2%2026-Q1
CYPRESS POINT INVESTMENT MANAGEMENT LP added1,583,199$28M6.0%2026-Q1
DIMENSIONAL FUND ADVISORS LP added1,551,508$28M5.9%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new1,194,878$21M4.5%2026-Q1
ACADIAN ASSET MANAGEMENT LLC added832,688$15M3.2%2026-Q1
STATE STREET CORP added723,295$13M2.7%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added693,460$12M2.6%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added688,430$12M2.6%2026-Q1
RENAISSANCE TECHNOLOGIES LLC added644,981$11M2.4%2026-Q1
Archon Capital Management LLC added583,122$10M2.2%2026-Q1
AMERIPRISE FINANCIAL INC trimmed579,624$10M2.2%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new543,909$10M2.1%2026-Q1
FMR LLC trimmed524,087$9M2.0%2026-Q1
TWO SIGMA INVESTMENTS, LP added493,932$9M1.9%2026-Q1
Assenagon Asset Management S.A. added491,873$9M1.9%2026-Q1
Connor, Clark & Lunn Investment Management Ltd. trimmed467,486$8M1.8%2026-Q1
Dana Investment Advisors, Inc. trimmed448,239$8M1.7%2026-Q1
CSM Advisors, LLC added433,988$8M1.6%2026-Q1
AQR CAPITAL MANAGEMENT LLC added429,240$8M1.6%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP trimmed370,811$7M1.4%2026-Q1
Bastion Asset Management Inc. new393,263$7M1.4%2026-Q1
GOLDMAN SACHS GROUP INC trimmed364,939$7M1.4%2026-Q1
Nuveen, LLC trimmed349,175$6M1.3%2026-Q1
D. E. Shaw & Co., Inc. trimmed335,479$6M1.3%2026-Q1
MORGAN STANLEY added251,700$4M1.0%2026-Q1
Parcion Private Wealth LLC added244,488$4M0.9%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed233,684$4M0.9%2026-Q1
BRIDGEWAY CAPITAL MANAGEMENT, LLC added229,432$4M0.9%2026-Q1
NORTHERN TRUST CORP added227,160$4M0.9%2026-Q1
BARCLAYS PLC trimmed223,516$4M0.8%2026-Q1
CITADEL ADVISORS LLC added220,849$4M0.8%2026-Q1
UBS Group AG added213,425$4M0.8%2026-Q1
ALGERT GLOBAL LLC added196,277$3M0.7%2026-Q1
ALLIANCEBERNSTEIN L.P. added214,692$3M0.7%2026-Q1
Palogic Value Management, L.P. trimmed185,002$3M0.7%2026-Q1
VANGUARD FIDUCIARY TRUST CO new183,627$3M0.7%2026-Q1
JACOBS LEVY EQUITY MANAGEMENT, INC trimmed180,619$3M0.7%2026-Q1
HERALD INVESTMENT MANAGEMENT Ltd trimmed175,000$3M0.7%2026-Q1
Empowered Funds, LLC added154,432$3M0.6%2026-Q1
PANAGORA ASSET MANAGEMENT INC added154,282$3M0.6%2026-Q1
ANTIPODES PARTNERS Ltd new148,905$3M0.6%2026-Q1
BANK OF MONTREAL /CAN/ trimmed145,517$3M0.6%2026-Q1
NANO CAP NEW MILLENNIUM GROWTH FUND L P added132,500$2M0.5%2026-Q1
BANK OF AMERICA CORP /DE/ added130,599$2M0.5%2026-Q1
Trexquant Investment LP added118,845$2M0.5%2026-Q1
Jump Financial, LLC added113,800$2M0.4%2026-Q1
Bank of New York Mellon Corp added103,573$2M0.4%2026-Q1
Man Group plc added102,228$2M0.4%2026-Q1
Vanguard Global Advisers, LLC new101,981$2M0.4%2026-Q1
Blue Trust, Inc. new97,742$2M0.4%2026-Q1
HSBC HOLDINGS PLC added92,804$2M0.4%2026-Q1
JANE STREET GROUP, LLC added89,847$2M0.3%2026-Q1
Quantinno Capital Management LP added76,836$1M0.3%2026-Q1
Invesco Ltd. added68,078$1M0.3%2026-Q1
LAKEWOOD CAPITAL MANAGEMENT, LP trimmed65,721$1M0.2%2026-Q1
FRANKLIN RESOURCES INC added64,638$1M0.2%2026-Q1
MERCER GLOBAL ADVISORS INC /ADV trimmed62,838$1M0.2%2026-Q1
GLOBEFLEX CAPITAL L P61,083$1M0.2%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed60,242$1M0.2%2026-Q1
Walleye Capital LLC trimmed59,997$1M0.2%2026-Q1
Russell Investments Group, Ltd. added56,958$1M0.2%2026-Q1
Susquehanna Portfolio Strategies, LLC added46,535$829K0.2%2026-Q1
Squarepoint Ops LLC added45,266$807K0.2%2026-Q1
DEUTSCHE BANK AG\ added44,695$796K0.2%2026-Q1
WINTON GROUP Ltd added41,944$747K0.2%2026-Q1
PRINCIPAL FINANCIAL GROUP INC added41,626$742K0.2%2026-Q1
IEQ CAPITAL, LLC added37,847$674K0.1%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ added37,051$661K0.1%2026-Q1
VOYA INVESTMENT MANAGEMENT LLC trimmed36,185$645K0.1%2026-Q1
BNP PARIBAS FINANCIAL MARKETS trimmed35,646$635K0.1%2026-Q1
VICTORY CAPITAL MANAGEMENT INC added34,906$622K0.1%2026-Q1
RHUMBLINE ADVISERS trimmed34,512$615K0.1%2026-Q1
Qube Research & Technologies Ltd trimmed33,814$603K0.1%2026-Q1
Campbell & CO Investment Adviser LLC trimmed32,785$584K0.1%2026-Q1
STATE OF WISCONSIN INVESTMENT BOARD added30,535$544K0.1%2026-Q1
MBL Wealth, LLC added29,113$519K0.1%2026-Q1
MILLENNIUM MANAGEMENT LLC trimmed27,822$496K0.1%2026-Q1
Numerai GP LLC added26,388$470K0.1%2026-Q1
CWM, LLC added20,958$373K0.1%2026-Q1
BAILARD, INC. added20,600$367K0.1%2026-Q1
CANADA PENSION PLAN INVESTMENT BOARD19,800$353K0.1%2026-Q1
VANGUARD GROUP INC trimmed1,734,212$27M5.7%2025-Q4 stale
Portolan Capital Management, LLC trimmed336,874$5M1.1%2025-Q4 stale
Keel Point, LLC trimmed300,372$5M1.0%2025-Q4 stale
GW&K Investment Management, LLC trimmed122,682$2M0.4%2025-Q3 stale
INTRINSIC EDGE CAPITAL MANAGEMENT LLC trimmed136,439$2M0.4%2025-Q1 stale
HUSSMAN STRATEGIC ADVISORS, INC.126,000$2M0.4%2025-Q1 stale
TWO SIGMA ADVISERS, LP added76,000$1M0.2%2025-Q4 stale
Penn Capital Management Company, LLC added71,108$1M0.2%2025-Q2 stale
AXA Investment Managers S.A. new65,668$1M0.2%2025-Q3 stale
Thrivent Financial for Lutherans53,842$856K0.2%2025-Q2 stale
Integrated Advisors Network LLC48,808$754K0.2%2025-Q4 stale
XTX Topco Ltd added37,812$495K0.1%2025-Q1 stale
Verition Fund Management LLC trimmed28,879$481K0.1%2025-Q3 stale
Magnetar Financial LLC added29,645$471K0.1%2025-Q2 stale
PDT Partners, LLC added35,901$470K0.1%2025-Q1 stale
SG Americas Securities, LLC added28,980$448K0.1%2025-Q4 stale
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO23,178$358K0.1%2025-Q4 stale
MARSHALL WACE, LLP trimmed26,224$344K0.1%2025-Q1 stale
LPL Financial LLC trimmed20,821$322K0.1%2025-Q4 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