Who owns BBD (BBD)
Which tracked institutional funds hold BBD, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BBD 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
79 tracked funds added or opened BBD while 42 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
BBD’s largest tracked holder by dollar value, Aquamarine Financial (Cayman) Ltd, sizes it at 43.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 43.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in BBD 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 308 tracked filers holding BBD, 181 increased or opened the position and 116 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 BBD 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 17
- VANGUARD CAPITAL MANAGEMENT LLC$46M
- BAMCO INC /NY/$37M
- Optiver Holding B.V.$22M
- D. E. Shaw & Co., Inc.$10M
- Brevan Howard Capital Management LP$8M
- Promethos Capital, LLC$7M
Full exits 10
- TWO SIGMA ADVISERS, LP$74M
- Carrhae Capital LLP$54M
- VANGUARD GROUP INC$43M
- Point72 Asset Management, L.P.$18M
- Lighthouse Investment Partners, LLC$12M
- Empowered Funds, LLC$9M
Largest adds
- TWO SIGMA INVESTMENTS, LP$99M
- JANE STREET GROUP, LLC$91M
- BANK OF AMERICA CORP /DE/$82M
- Aquamarine Financial (Cayman) Ltd$72M
- JONES FINANCIAL COMPANIES LLLP$58M
- BlackRock, Inc.$52M
Largest trims
- ACADIAN ASSET MANAGEMENT LLC$145M
- ARGA Investment Management, LP$101M
- MARSHALL WACE, LLP$54M
- Tredje AP-fonden$50M
- GOLDMAN SACHS GROUP INC$34M
- Russell Investments Group, Ltd.$29M
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 |
|---|---|---|---|---|
| Aquamarine Financial (Cayman) Ltd added | 156,848,134 | $589M | 12.5% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 79,507,406 | $290M | 6.2% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP added | 78,469,697 | $286M | 6.1% | 2026-Q1 |
| ARGA Investment Management, LP trimmed | 75,139,939 | $274M | 5.8% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 61,045,785 | $226M | 4.8% | 2026-Q1 |
| Fisher Asset Management, LLC added | 53,277,128 | $194M | 4.1% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 47,295,315 | $173M | 3.7% | 2026-Q1 |
| BlackRock, Inc. added | 45,864,246 | $167M | 3.6% | 2026-Q1 |
| Itau Unibanco Holding S.A. | 46,867,695 | $155M | 3.3% | 2026-Q1 |
| BAILLIE GIFFORD & CO trimmed | 36,393,155 | $133M | 2.8% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 28,078,599 | $102M | 2.2% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 26,958,908 | $98M | 2.1% | 2026-Q1 |
| Amundi added | 24,583,083 | $90M | 1.9% | 2026-Q1 |
| EARNEST PARTNERS LLC trimmed | 22,755,917 | $83M | 1.8% | 2026-Q1 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed | 19,340,492 | $71M | 1.5% | 2026-Q1 |
| SEI INVESTMENTS CO added | 19,296,977 | $70M | 1.5% | 2026-Q1 |
| NATIXIS ADVISORS, LLC added | 16,807,097 | $61M | 1.3% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 16,575,297 | $58M | 1.2% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 13,956,018 | $49M | 1.0% | 2026-Q1 |
| MARSHALL WACE, LLP trimmed | 13,150,905 | $48M | 1.0% | 2026-Q1 |
| STATE STREET CORP added | 12,565,696 | $47M | 1.0% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 12,481,466 | $46M | 1.0% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 12,315,995 | $45M | 1.0% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 11,509,099 | $42M | 0.9% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 11,176,694 | $41M | 0.9% | 2026-Q1 |
| ACADIAN ASSET MANAGEMENT LLC trimmed | 11,058,857 | $40M | 0.9% | 2026-Q1 |
| SPX Gestao de Recursos Ltda added | 11,051,974 | $40M | 0.9% | 2026-Q1 |
| BAMCO INC /NY/ new | 10,083,509 | $37M | 0.8% | 2026-Q1 |
| Grantham, Mayo, Van Otterloo & Co. LLC added | 9,282,277 | $34M | 0.7% | 2026-Q1 |
| Moerus Capital Management LLC added | 8,407,720 | $31M | 0.7% | 2026-Q1 |
| MORGAN STANLEY added | 7,898,438 | $29M | 0.6% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP added | 7,620,881 | $28M | 0.6% | 2026-Q1 |
| STOREBRAND ASSET MANAGEMENT AS added | 6,162,116 | $22M | 0.5% | 2026-Q1 |
| Optiver Holding B.V. added | 6,123,810 | $22M | 0.5% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 5,808,901 | $21M | 0.5% | 2026-Q1 |
| BESSEMER GROUP INC trimmed | 5,724,789 | $21M | 0.4% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 5,709,342 | $21M | 0.4% | 2026-Q1 |
| Tredje AP-fonden trimmed | 5,458,019 | $20M | 0.4% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND trimmed | 5,158,901 | $19M | 0.4% | 2026-Q1 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO trimmed | 4,054,139 | $15M | 0.3% | 2026-Q1 |
| Perpetual Ltd added | 3,779,566 | $14M | 0.3% | 2026-Q1 |
| Legal & General Group Plc | 3,615,629 | $13M | 0.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 3,612,660 | $13M | 0.3% | 2026-Q1 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 3,994,561 | $13M | 0.3% | 2026-Q1 |
| HSBC HOLDINGS PLC added | 3,389,610 | $12M | 0.3% | 2026-Q1 |
| Alpine Global Management, LLC added | 3,280,000 | $12M | 0.3% | 2026-Q1 |
| Aquatic Capital Management LLC added | 2,966,646 | $11M | 0.2% | 2026-Q1 |
| SCHRODER INVESTMENT MANAGEMENT GROUP trimmed | 2,854,492 | $10M | 0.2% | 2026-Q1 |
| D. E. Shaw & Co., Inc. added | 2,616,238 | $10M | 0.2% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 2,477,444 | $9M | 0.2% | 2026-Q1 |
| Brevan Howard Capital Management LP new | 2,154,711 | $8M | 0.2% | 2026-Q1 |
| LARCH CAPITAL PARTNERS LLC trimmed | 1,977,980 | $8M | 0.2% | 2026-Q1 |
| Promethos Capital, LLC new | 2,027,342 | $7M | 0.2% | 2026-Q1 |
| Handelsbanken Fonder AB new | 2,027,000 | $7M | 0.2% | 2026-Q1 |
| Man Group plc trimmed | 1,905,231 | $7M | 0.1% | 2026-Q1 |
| Truffle Hound Capital, LLC | 1,700,000 | $6M | 0.1% | 2026-Q1 |
| DEUTSCHE BANK AG\ | 1,570,438 | $6M | 0.1% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 1,304,247 | $5M | 0.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 1,095,099 | $4M | 0.1% | 2026-Q1 |
| Euro Pacific Asset Management, LLC added | 1,057,281 | $4M | 0.1% | 2026-Q1 |
| Allspring Global Investments Holdings, LLC trimmed | 1,033,587 | $4M | 0.1% | 2026-Q1 |
| LGT Fund Management Co Ltd. trimmed | 1,035,000 | $4M | 0.1% | 2026-Q1 |
| Thrivent Financial for Lutherans added | 969,479 | $4M | 0.1% | 2026-Q1 |
| DekaBank Deutsche Girozentrale | 743,420 | $3M | 0.1% | 2026-Q1 |
| PINEBRIDGE INVESTMENTS LLC trimmed | 722,902 | $3M | 0.1% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 716,195 | $3M | 0.1% | 2026-Q1 |
| BARCLAYS PLC trimmed | 700,304 | $3M | 0.1% | 2026-Q1 |
| STRS OHIO trimmed | 617,966 | $2M | 0.0% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 605,263 | $2M | 0.0% | 2026-Q1 |
| LAZARD ASSET MANAGEMENT LLC trimmed | 593,180 | $2M | 0.0% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 574,589 | $2M | 0.0% | 2026-Q1 |
| BAROMETER CAPITAL MANAGEMENT INC. added | 560,900 | $2M | 0.0% | 2026-Q1 |
| LONGFELLOW INVESTMENT MANAGEMENT CO LLC | 543,378 | $2M | 0.0% | 2026-Q1 |
| WINTON GROUP Ltd trimmed | 512,400 | $2M | 0.0% | 2026-Q1 |
| Banque Cantonale Vaudoise added | 500,000 | $2M | 0.0% | 2026-Q1 |
| BTG Pactual Asset Management US LLC | 494,580 | $2M | 0.0% | 2026-Q1 |
| Daiwa Securities Group Inc. added | 491,435 | $2M | 0.0% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 488,038 | $2M | 0.0% | 2026-Q1 |
| Artemis Investment Management LLP new | 481,872 | $2M | 0.0% | 2026-Q1 |
| Vident Advisory, LLC added | 459,645 | $2M | 0.0% | 2026-Q1 |
| Caprock Group, LLC added | 497,265 | $2M | 0.0% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 454,485 | $2M | 0.0% | 2026-Q1 |
| Orbis Allan Gray Ltd new | 81,034,974 | $250M | 5.3% | 2025-Q2 stale |
| TWO SIGMA ADVISERS, LP trimmed | 22,115,920 | $74M | 1.6% | 2025-Q4 stale |
| MACQUARIE GROUP LTD added | 21,134,311 | $71M | 1.5% | 2025-Q3 stale |
| Carrhae Capital LLP new | 16,185,404 | $54M | 1.1% | 2025-Q4 stale |
| VANGUARD GROUP INC trimmed | 12,827,024 | $43M | 0.9% | 2025-Q4 stale |
| Sagil Capital LLP added | 7,673,265 | $24M | 0.5% | 2025-Q2 stale |
| Aberdeen Group plc | 8,651,500 | $19M | 0.4% | 2025-Q1 stale |
| Point72 Asset Management, L.P. added | 5,434,513 | $18M | 0.4% | 2025-Q4 stale |
| Algebris (UK) Ltd trimmed | 7,392,446 | $15M | 0.3% | 2025-Q1 stale |
| Point72 (DIFC) Ltd trimmed | 4,313,538 | $15M | 0.3% | 2025-Q3 stale |
| Lighthouse Investment Partners, LLC added | 3,690,706 | $12M | 0.3% | 2025-Q4 stale |
| Empowered Funds, LLC new | 2,707,988 | $9M | 0.2% | 2025-Q4 stale |
| CAUSEWAY CAPITAL MANAGEMENT LLC trimmed | 3,598,612 | $8M | 0.2% | 2025-Q1 stale |
| Doma Perpetual Capital Management LLC | 2,005,430 | $7M | 0.1% | 2025-Q4 stale |
| PINEBRIDGE INVESTMENTS, L.P. | 1,305,451 | $4M | 0.1% | 2025-Q3 stale |
| ALLIANCEBERNSTEIN L.P. new | 1,086,667 | $3M | 0.1% | 2025-Q2 stale |
| Jain Global LLC added | 1,137,258 | $3M | 0.1% | 2025-Q1 stale |
| Cubist Systematic Strategies, LLC added | 504,856 | $2M | 0.0% | 2025-Q3 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.