Who owns BCS
Which tracked institutional funds hold BCS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BCS company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-02). 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
164 tracked funds added or opened BCS while 67 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
BCS’s largest tracked holder by dollar value, Fisher Asset Management, LLC, sizes it at 0.8% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in BCS 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 2026-Q1 and 2026-Q2, across 538 tracked filers holding BCS, 299 increased or opened the position and 241 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 BCS between the 2026-Q1 and 2026-Q2 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 18
- Optiver Holding B.V.$30M
- Tower Research Capital LLC (TRC)$18M
- NINE MASTS CAPITAL Ltd$13M
- Nuveen, LLC$6M
- Philadelphia Financial Management of San Francisco, LLC$6M
- OLD MISSION CAPITAL LLC$5M
Full exits 32
- ACADIAN ASSET MANAGEMENT LLC$334M
- NATIXIS ADVISORS, LLC$193M
- TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY$40M
- Y-Intercept (Hong Kong) Ltd$16M
- Campbell & CO Investment Adviser LLC$8M
- SG Americas Securities, LLC$7M
Largest adds
- Fisher Asset Management, LLC$587M
- NORGES BANK$281M
- MORGAN STANLEY$166M
- FMR LLC$68M
- BANK OF MONTREAL /CAN/$58M
- AMERIPRISE FINANCIAL INC$55M
Largest trims
- RENAISSANCE TECHNOLOGIES LLC$76M
- JANE STREET GROUP, LLC$43M
- Qube Research & Technologies Ltd$42M
- Lighthouse Investment Partners, LLC$19M
- AMERICAN CENTURY COMPANIES INC$17M
- CITADEL ADVISORS LLC$14M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Fisher Asset Management, LLC added | 93,904,423 | $2.5B | 36.9% | 2026-Q2 |
| MORGAN STANLEY added | 15,259,089 | $410M | 6.0% | 2026-Q2 |
| NORGES BANK added | 11,250,000 | $302M | 4.4% | 2026-Q2 |
| FMR LLC added | 9,748,660 | $262M | 3.8% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 8,000,077 | $215M | 3.1% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 7,738,779 | $208M | 3.0% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 7,589,769 | $206M | 3.0% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP trimmed | 6,994,045 | $187M | 2.7% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 6,463,188 | $174M | 2.5% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 5,102,318 | $137M | 2.0% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 4,775,813 | $128M | 1.9% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 4,367,868 | $117M | 1.7% | 2026-Q2 |
| CAUSEWAY CAPITAL MANAGEMENT LLC trimmed | 3,975,718 | $107M | 1.6% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 3,454,350 | $93M | 1.4% | 2026-Q2 |
| BlackRock, Inc. trimmed | 3,297,371 | $89M | 1.3% | 2026-Q2 |
| Clark Capital Management Group, Inc. added | 3,177,495 | $85M | 1.2% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 3,143,962 | $84M | 1.2% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC trimmed | 2,970,106 | $80M | 1.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 2,804,383 | $75M | 1.1% | 2026-Q2 |
| TODD ASSET MANAGEMENT LLC trimmed | 2,679,864 | $72M | 1.1% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 2,587,965 | $70M | 1.0% | 2026-Q2 |
| Curi Capital, LLC added | 2,283,137 | $22M | 0.3% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 2,206,641 | $59M | 0.9% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 1,910,613 | $51M | 0.7% | 2026-Q2 |
| Main Street Research LLC added | 1,621,490 | $44M | 0.6% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 1,420,489 | $38M | 0.6% | 2026-Q2 |
| CAPITAL FUND MANAGEMENT S.A. added | 1,413,268 | $38M | 0.6% | 2026-Q2 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 1,360,879 | $37M | 0.5% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 1,326,688 | $36M | 0.5% | 2026-Q2 |
| FERGUSON WELLMAN CAPITAL MANAGEMENT, INC added | 1,180,408 | $32M | 0.5% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 1,141,147 | $31M | 0.4% | 2026-Q2 |
| Optiver Holding B.V. added | 1,127,612 | $30M | 0.4% | 2026-Q2 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC trimmed | 1,049,459 | $28M | 0.4% | 2026-Q2 |
| MASTERS CAPITAL MANAGEMENT LLC | 1,000,000 | $27M | 0.4% | 2026-Q2 |
| Quantinno Capital Management LP added | 985,698 | $26M | 0.4% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 920,411 | $25M | 0.4% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 902,011 | $24M | 0.4% | 2026-Q2 |
| Capital Wealth Planning, LLC trimmed | 865,699 | $23M | 0.3% | 2026-Q2 |
| COOKSON PEIRCE & CO INC added | 825,753 | $22M | 0.3% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 766,196 | $21M | 0.3% | 2026-Q2 |
| Pathstone Holdings, LLC trimmed | 756,039 | $20M | 0.3% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND trimmed | 755,539 | $20M | 0.3% | 2026-Q2 |
| Bank of New York Mellon Corp added | 736,788 | $20M | 0.3% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 720,643 | $19M | 0.3% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 684,472 | $18M | 0.3% | 2026-Q2 |
| Tower Research Capital LLC (TRC) added | 666,231 | $18M | 0.3% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ added | 658,063 | $18M | 0.3% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 611,390 | $17M | 0.2% | 2026-Q2 |
| Allspring Global Investments Holdings, LLC trimmed | 609,073 | $17M | 0.2% | 2026-Q2 |
| LPL Financial LLC added | 577,210 | $16M | 0.2% | 2026-Q2 |
| Invesco Ltd. trimmed | 546,682 | $15M | 0.2% | 2026-Q2 |
| CAMBIAR INVESTORS LLC trimmed | 520,862 | $14M | 0.2% | 2026-Q2 |
| Trexquant Investment LP trimmed | 520,293 | $14M | 0.2% | 2026-Q2 |
| Gator Capital Management, LLC added | 513,345 | $14M | 0.2% | 2026-Q2 |
| NINE MASTS CAPITAL Ltd new | 493,965 | $13M | 0.2% | 2026-Q2 |
| Creative Planning added | 485,127 | $13M | 0.2% | 2026-Q2 |
| UBS Group AG trimmed | 454,601 | $12M | 0.2% | 2026-Q2 |
| ACR Alpine Capital Research, LLC | 454,000 | $12M | 0.2% | 2026-Q2 |
| QRG CAPITAL MANAGEMENT, INC. added | 439,546 | $12M | 0.2% | 2026-Q2 |
| Qube Research & Technologies Ltd trimmed | 426,997 | $11M | 0.2% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 419,371 | $11M | 0.2% | 2026-Q2 |
| RBF Capital, LLC | 400,000 | $11M | 0.2% | 2026-Q2 |
| CONTRAVISORY INVESTMENT MANAGEMENT, INC. trimmed | 396,837 | $11M | 0.2% | 2026-Q2 |
| CITIGROUP INC added | 379,715 | $10M | 0.1% | 2026-Q2 |
| Focus Partners Wealth added | 369,624 | $10M | 0.1% | 2026-Q2 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | 368,120 | $10M | 0.1% | 2026-Q2 |
| MARSHALL WACE, LLP trimmed | 340,142 | $9M | 0.1% | 2026-Q2 |
| Vestmark Advisory Solutions, Inc. added | 337,776 | $9M | 0.1% | 2026-Q2 |
| US BANCORP \DE\ added | 337,452 | $9M | 0.1% | 2026-Q2 |
| Cerity Partners LLC added | 332,203 | $9M | 0.1% | 2026-Q2 |
| Aquatic Capital Management LLC trimmed | 326,445 | $9M | 0.1% | 2026-Q2 |
| LAZARD ASSET MANAGEMENT LLC added | 318,822 | $9M | 0.1% | 2026-Q2 |
| LEUTHOLD GROUP, LLC trimmed | 316,950 | $9M | 0.1% | 2026-Q2 |
| Callan Family Office, LLC added | 306,117 | $8M | 0.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 305,135 | $8M | 0.1% | 2026-Q2 |
| ASSETMARK, INC added | 296,369 | $8M | 0.1% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 295,930 | $8M | 0.1% | 2026-Q2 |
| Azimuth Capital Investment Management LLC trimmed | 292,061 | $8M | 0.1% | 2026-Q2 |
| Mariner, LLC added | 288,194 | $8M | 0.1% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC trimmed | 282,359 | $8M | 0.1% | 2026-Q2 |
| RITHOLTZ WEALTH MANAGEMENT added | 266,490 | $7M | 0.1% | 2026-Q2 |
| Crossmark Global Holdings, Inc. added | 264,570 | $7M | 0.1% | 2026-Q2 |
| Cetera Investment Advisers added | 262,069 | $7M | 0.1% | 2026-Q2 |
| EAGLE GLOBAL ADVISORS LLC added | 255,438 | $7M | 0.1% | 2026-Q2 |
| Farringdon Capital, Ltd. added | 251,211 | $7M | 0.1% | 2026-Q2 |
| Lighthouse Investment Partners, LLC trimmed | 245,801 | $7M | 0.1% | 2026-Q2 |
| Gradient Investments LLC added | 228,174 | $6M | 0.1% | 2026-Q2 |
| Nuveen, LLC new | 225,422 | $6M | 0.1% | 2026-Q2 |
| Philadelphia Financial Management of San Francisco, LLC trimmed | 207,000 | $6M | 0.1% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 204,986 | $6M | 0.1% | 2026-Q2 |
| OPPENHEIMER ASSET MANAGEMENT INC. trimmed | 204,955 | $6M | 0.1% | 2026-Q2 |
| Ethic Inc. added | 196,777 | $5M | 0.1% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 191,650 | $5M | 0.1% | 2026-Q2 |
| Orion Porfolio Solutions, LLC trimmed | 185,106 | $5M | 0.1% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. added | 184,104 | $5M | 0.1% | 2026-Q2 |
| Triasima Portfolio Management inc. trimmed | 182,245 | $5M | 0.1% | 2026-Q2 |
| Vanguard Personalized Indexing Management, LLC added | 179,081 | $5M | 0.1% | 2026-Q2 |
| OLD MISSION CAPITAL LLC added | 169,118 | $5M | 0.1% | 2026-Q2 |
| PARR MCKNIGHT WEALTH MANAGEMENT GROUP, LLC trimmed | 165,211 | $4M | 0.1% | 2026-Q2 |
| Squarepoint Ops LLC trimmed | 156,581 | $4M | 0.1% | 2026-Q2 |
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.