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Institutional Ownership · SEC Form 13F

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.

341
Institutional holders
1,240,950,553
Shares held (tracked funds)

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).

FundSharesReported value% of valueQuarter
Aquamarine Financial (Cayman) Ltd added156,848,134$589M12.5%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed79,507,406$290M6.2%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP added78,469,697$286M6.1%2026-Q1
ARGA Investment Management, LP trimmed75,139,939$274M5.8%2026-Q1
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed61,045,785$226M4.8%2026-Q1
Fisher Asset Management, LLC added53,277,128$194M4.1%2026-Q1
TWO SIGMA INVESTMENTS, LP added47,295,315$173M3.7%2026-Q1
BlackRock, Inc. added45,864,246$167M3.6%2026-Q1
Itau Unibanco Holding S.A.46,867,695$155M3.3%2026-Q1
BAILLIE GIFFORD & CO trimmed36,393,155$133M2.8%2026-Q1
BANK OF AMERICA CORP /DE/ added28,078,599$102M2.2%2026-Q1
JANE STREET GROUP, LLC added26,958,908$98M2.1%2026-Q1
Amundi added24,583,083$90M1.9%2026-Q1
EARNEST PARTNERS LLC trimmed22,755,917$83M1.8%2026-Q1
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed19,340,492$71M1.5%2026-Q1
SEI INVESTMENTS CO added19,296,977$70M1.5%2026-Q1
NATIXIS ADVISORS, LLC added16,807,097$61M1.3%2026-Q1
JONES FINANCIAL COMPANIES LLLP added16,575,297$58M1.2%2026-Q1
JPMORGAN CHASE & CO added13,956,018$49M1.0%2026-Q1
MARSHALL WACE, LLP trimmed13,150,905$48M1.0%2026-Q1
STATE STREET CORP added12,565,696$47M1.0%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new12,481,466$46M1.0%2026-Q1
RENAISSANCE TECHNOLOGIES LLC added12,315,995$45M1.0%2026-Q1
AMERICAN CENTURY COMPANIES INC added11,509,099$42M0.9%2026-Q1
Russell Investments Group, Ltd. trimmed11,176,694$41M0.9%2026-Q1
ACADIAN ASSET MANAGEMENT LLC trimmed11,058,857$40M0.9%2026-Q1
SPX Gestao de Recursos Ltda added11,051,974$40M0.9%2026-Q1
BAMCO INC /NY/ new10,083,509$37M0.8%2026-Q1
Grantham, Mayo, Van Otterloo & Co. LLC added9,282,277$34M0.7%2026-Q1
Moerus Capital Management LLC added8,407,720$31M0.7%2026-Q1
MORGAN STANLEY added7,898,438$29M0.6%2026-Q1
MACKENZIE FINANCIAL CORP added7,620,881$28M0.6%2026-Q1
STOREBRAND ASSET MANAGEMENT AS added6,162,116$22M0.5%2026-Q1
Optiver Holding B.V. added6,123,810$22M0.5%2026-Q1
CITADEL ADVISORS LLC added5,808,901$21M0.5%2026-Q1
BESSEMER GROUP INC trimmed5,724,789$21M0.4%2026-Q1
Qube Research & Technologies Ltd added5,709,342$21M0.4%2026-Q1
Tredje AP-fonden trimmed5,458,019$20M0.4%2026-Q1
NEW YORK STATE COMMON RETIREMENT FUND trimmed5,158,901$19M0.4%2026-Q1
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO trimmed4,054,139$15M0.3%2026-Q1
Perpetual Ltd added3,779,566$14M0.3%2026-Q1
Legal & General Group Plc3,615,629$13M0.3%2026-Q1
RAYMOND JAMES FINANCIAL INC added3,612,660$13M0.3%2026-Q1
O'SHAUGHNESSY ASSET MANAGEMENT, LLC added3,994,561$13M0.3%2026-Q1
HSBC HOLDINGS PLC added3,389,610$12M0.3%2026-Q1
Alpine Global Management, LLC added3,280,000$12M0.3%2026-Q1
Aquatic Capital Management LLC added2,966,646$11M0.2%2026-Q1
SCHRODER INVESTMENT MANAGEMENT GROUP trimmed2,854,492$10M0.2%2026-Q1
D. E. Shaw & Co., Inc. added2,616,238$10M0.2%2026-Q1
DIMENSIONAL FUND ADVISORS LP added2,477,444$9M0.2%2026-Q1
Brevan Howard Capital Management LP new2,154,711$8M0.2%2026-Q1
LARCH CAPITAL PARTNERS LLC trimmed1,977,980$8M0.2%2026-Q1
Promethos Capital, LLC new2,027,342$7M0.2%2026-Q1
Handelsbanken Fonder AB new2,027,000$7M0.2%2026-Q1
Man Group plc trimmed1,905,231$7M0.1%2026-Q1
Truffle Hound Capital, LLC1,700,000$6M0.1%2026-Q1
DEUTSCHE BANK AG\1,570,438$6M0.1%2026-Q1
AQR CAPITAL MANAGEMENT LLC added1,304,247$5M0.1%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP added1,095,099$4M0.1%2026-Q1
Euro Pacific Asset Management, LLC added1,057,281$4M0.1%2026-Q1
Allspring Global Investments Holdings, LLC trimmed1,033,587$4M0.1%2026-Q1
LGT Fund Management Co Ltd. trimmed1,035,000$4M0.1%2026-Q1
Thrivent Financial for Lutherans added969,479$4M0.1%2026-Q1
DekaBank Deutsche Girozentrale743,420$3M0.1%2026-Q1
PINEBRIDGE INVESTMENTS LLC trimmed722,902$3M0.1%2026-Q1
VICTORY CAPITAL MANAGEMENT INC trimmed716,195$3M0.1%2026-Q1
BARCLAYS PLC trimmed700,304$3M0.1%2026-Q1
STRS OHIO trimmed617,966$2M0.0%2026-Q1
Bank of New York Mellon Corp trimmed605,263$2M0.0%2026-Q1
LAZARD ASSET MANAGEMENT LLC trimmed593,180$2M0.0%2026-Q1
WELLS FARGO & COMPANY/MN added574,589$2M0.0%2026-Q1
BAROMETER CAPITAL MANAGEMENT INC. added560,900$2M0.0%2026-Q1
LONGFELLOW INVESTMENT MANAGEMENT CO LLC543,378$2M0.0%2026-Q1
WINTON GROUP Ltd trimmed512,400$2M0.0%2026-Q1
Banque Cantonale Vaudoise added500,000$2M0.0%2026-Q1
BTG Pactual Asset Management US LLC494,580$2M0.0%2026-Q1
Daiwa Securities Group Inc. added491,435$2M0.0%2026-Q1
VANGUARD FIDUCIARY TRUST CO new488,038$2M0.0%2026-Q1
Artemis Investment Management LLP new481,872$2M0.0%2026-Q1
Vident Advisory, LLC added459,645$2M0.0%2026-Q1
Caprock Group, LLC added497,265$2M0.0%2026-Q1
BNP PARIBAS FINANCIAL MARKETS trimmed454,485$2M0.0%2026-Q1
Orbis Allan Gray Ltd new81,034,974$250M5.3%2025-Q2 stale
TWO SIGMA ADVISERS, LP trimmed22,115,920$74M1.6%2025-Q4 stale
MACQUARIE GROUP LTD added21,134,311$71M1.5%2025-Q3 stale
Carrhae Capital LLP new16,185,404$54M1.1%2025-Q4 stale
VANGUARD GROUP INC trimmed12,827,024$43M0.9%2025-Q4 stale
Sagil Capital LLP added7,673,265$24M0.5%2025-Q2 stale
Aberdeen Group plc8,651,500$19M0.4%2025-Q1 stale
Point72 Asset Management, L.P. added5,434,513$18M0.4%2025-Q4 stale
Algebris (UK) Ltd trimmed7,392,446$15M0.3%2025-Q1 stale
Point72 (DIFC) Ltd trimmed4,313,538$15M0.3%2025-Q3 stale
Lighthouse Investment Partners, LLC added3,690,706$12M0.3%2025-Q4 stale
Empowered Funds, LLC new2,707,988$9M0.2%2025-Q4 stale
CAUSEWAY CAPITAL MANAGEMENT LLC trimmed3,598,612$8M0.2%2025-Q1 stale
Doma Perpetual Capital Management LLC2,005,430$7M0.1%2025-Q4 stale
PINEBRIDGE INVESTMENTS, L.P.1,305,451$4M0.1%2025-Q3 stale
ALLIANCEBERNSTEIN L.P. new1,086,667$3M0.1%2025-Q2 stale
Jain Global LLC added1,137,258$3M0.1%2025-Q1 stale
Cubist Systematic Strategies, LLC added504,856$2M0.0%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.

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