Who owns BCS (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-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
65 tracked funds added or opened BCS while 153 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
BCS’s largest tracked holder by dollar value, Fisher Asset Management, LLC, sizes it at 0.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.6pp 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 2025-Q4 and 2026-Q1, across 502 tracked filers holding BCS, 270 increased or opened the position and 239 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 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
- RENAISSANCE TECHNOLOGIES LLC$82M
- Qube Research & Technologies Ltd$54M
- VOLORIDGE INVESTMENT MANAGEMENT, LLC$32M
- FERGUSON WELLMAN CAPITAL MANAGEMENT, INC$25M
- TWO SIGMA INVESTMENTS, LP$20M
- Y-Intercept (Hong Kong) Ltd$16M
Full exits 29
- ABC ARBITRAGE SA$39M
- 1832 Asset Management L.P.$14M
- Optiver Holding B.V.$9M
- HRT FINANCIAL LP$7M
- VOYA INVESTMENT MANAGEMENT LLC$6M
- PANAGORA ASSET MANAGEMENT INC$5M
Largest adds
- JONES FINANCIAL COMPANIES LLLP$179M
- JANE STREET GROUP, LLC$56M
- CITADEL ADVISORS LLC$36M
- Connor, Clark & Lunn Investment Management Ltd.$28M
- Clark Capital Management Group, Inc.$23M
- BNP PARIBAS FINANCIAL MARKETS$18M
Largest trims
- Fisher Asset Management, LLC$349M
- ACADIAN ASSET MANAGEMENT LLC$153M
- NORGES BANK$120M
- MORGAN STANLEY$75M
- AMERIPRISE FINANCIAL INC$56M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$56M
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 |
|---|---|---|---|---|
| Fisher Asset Management, LLC added | 91,450,850 | $1.9B | 32.8% | 2026-Q1 |
| ACADIAN ASSET MANAGEMENT LLC trimmed | 15,781,238 | $334M | 5.7% | 2026-Q1 |
| MORGAN STANLEY trimmed | 11,533,737 | $244M | 4.1% | 2026-Q1 |
| FMR LLC added | 9,155,102 | $194M | 3.3% | 2026-Q1 |
| NATIXIS ADVISORS, LLC added | 9,111,400 | $193M | 3.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 8,691,765 | $184M | 3.1% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 8,890,185 | $180M | 3.0% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 7,361,516 | $156M | 2.6% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 7,210,612 | $151M | 2.6% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 6,454,492 | $137M | 2.3% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 5,323,249 | $113M | 1.9% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 5,167,401 | $109M | 1.9% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC trimmed | 4,592,375 | $97M | 1.6% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 4,588,780 | $97M | 1.6% | 2026-Q1 |
| CAUSEWAY CAPITAL MANAGEMENT LLC added | 4,074,067 | $86M | 1.5% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 3,863,986 | $82M | 1.4% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 3,706,270 | $78M | 1.3% | 2026-Q1 |
| BlackRock, Inc. trimmed | 3,495,732 | $74M | 1.3% | 2026-Q1 |
| SEI INVESTMENTS CO trimmed | 3,484,063 | $74M | 1.2% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 3,171,897 | $67M | 1.1% | 2026-Q1 |
| TODD ASSET MANAGEMENT LLC trimmed | 2,895,475 | $61M | 1.0% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 2,549,046 | $54M | 0.9% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. added | 2,530,530 | $54M | 0.9% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 2,516,260 | $53M | 0.9% | 2026-Q1 |
| Clark Capital Management Group, Inc. added | 2,098,152 | $44M | 0.8% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 2,095,544 | $44M | 0.8% | 2026-Q1 |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY trimmed | 1,881,600 | $40M | 0.7% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 1,676,783 | $35M | 0.6% | 2026-Q1 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC added | 1,508,954 | $32M | 0.5% | 2026-Q1 |
| Lighthouse Investment Partners, LLC added | 1,197,699 | $25M | 0.4% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 1,168,589 | $25M | 0.4% | 2026-Q1 |
| FERGUSON WELLMAN CAPITAL MANAGEMENT, INC new | 1,167,509 | $25M | 0.4% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 1,149,416 | $24M | 0.4% | 2026-Q1 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 1,063,732 | $23M | 0.4% | 2026-Q1 |
| CAPITAL FUND MANAGEMENT S.A. added | 1,046,296 | $22M | 0.4% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 1,078,132 | $22M | 0.4% | 2026-Q1 |
| NORGES BANK trimmed | 1,400,000 | $22M | 0.4% | 2026-Q1 |
| MASTERS CAPITAL MANAGEMENT LLC | 1,000,000 | $21M | 0.4% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP trimmed | 947,132 | $20M | 0.3% | 2026-Q1 |
| Capital Wealth Planning, LLC added | 906,223 | $19M | 0.3% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added | 842,991 | $18M | 0.3% | 2026-Q1 |
| Main Street Research LLC trimmed | 850,971 | $18M | 0.3% | 2026-Q1 |
| COOKSON PEIRCE & CO INC trimmed | 823,469 | $17M | 0.3% | 2026-Q1 |
| Pathstone Holdings, LLC added | 801,114 | $17M | 0.3% | 2026-Q1 |
| Quantinno Capital Management LP added | 798,698 | $17M | 0.3% | 2026-Q1 |
| Invesco Ltd. trimmed | 784,639 | $17M | 0.3% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND trimmed | 763,787 | $16M | 0.3% | 2026-Q1 |
| Y-Intercept (Hong Kong) Ltd added | 745,343 | $16M | 0.3% | 2026-Q1 |
| Bank of New York Mellon Corp added | 706,580 | $15M | 0.3% | 2026-Q1 |
| CAMBIAR INVESTORS LLC trimmed | 701,176 | $15M | 0.3% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 685,603 | $15M | 0.2% | 2026-Q1 |
| Allspring Global Investments Holdings, LLC trimmed | 658,169 | $14M | 0.2% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ trimmed | 654,188 | $14M | 0.2% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC added | 632,901 | $13M | 0.2% | 2026-Q1 |
| UBS Group AG added | 593,109 | $13M | 0.2% | 2026-Q1 |
| Trexquant Investment LP added | 578,320 | $12M | 0.2% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ trimmed | 564,954 | $12M | 0.2% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 563,103 | $12M | 0.2% | 2026-Q1 |
| Aquatic Capital Management LLC trimmed | 534,999 | $11M | 0.2% | 2026-Q1 |
| Gator Capital Management, LLC added | 499,885 | $11M | 0.2% | 2026-Q1 |
| Creative Planning trimmed | 471,016 | $10M | 0.2% | 2026-Q1 |
| LPL Financial LLC added | 461,175 | $10M | 0.2% | 2026-Q1 |
| ACR Alpine Capital Research, LLC | 454,000 | $10M | 0.2% | 2026-Q1 |
| QRG CAPITAL MANAGEMENT, INC. added | 422,472 | $9M | 0.2% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 416,550 | $9M | 0.1% | 2026-Q1 |
| CONTRAVISORY INVESTMENT MANAGEMENT, INC. trimmed | 403,705 | $9M | 0.1% | 2026-Q1 |
| RBF Capital, LLC | 400,000 | $8M | 0.1% | 2026-Q1 |
| MARSHALL WACE, LLP added | 387,768 | $8M | 0.1% | 2026-Q1 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO trimmed | 368,120 | $8M | 0.1% | 2026-Q1 |
| Campbell & CO Investment Adviser LLC added | 363,147 | $8M | 0.1% | 2026-Q1 |
| Focus Partners Wealth added | 352,123 | $7M | 0.1% | 2026-Q1 |
| LEUTHOLD GROUP, LLC added | 333,080 | $7M | 0.1% | 2026-Q1 |
| SG Americas Securities, LLC trimmed | 326,738 | $7M | 0.1% | 2026-Q1 |
| Cerity Partners LLC added | 322,217 | $7M | 0.1% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 314,901 | $7M | 0.1% | 2026-Q1 |
| Point72 Asset Management, L.P. added | 310,354 | $7M | 0.1% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL added | 306,176 | $6M | 0.1% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV added | 305,130 | $6M | 0.1% | 2026-Q1 |
| Callan Family Office, LLC trimmed | 300,841 | $6M | 0.1% | 2026-Q1 |
| Azimuth Capital Investment Management LLC added | 299,475 | $6M | 0.1% | 2026-Q1 |
| Curi Capital, LLC trimmed | 287,240 | $6M | 0.1% | 2026-Q1 |
| LAZARD ASSET MANAGEMENT LLC added | 280,176 | $6M | 0.1% | 2026-Q1 |
| Greenwich Wealth Management LLC | 272,283 | $6M | 0.1% | 2026-Q1 |
| Bridgewater Associates, LP new | 265,167 | $6M | 0.1% | 2026-Q1 |
| Squarepoint Ops LLC trimmed | 263,344 | $6M | 0.1% | 2026-Q1 |
| Crossmark Global Holdings, Inc. trimmed | 262,262 | $6M | 0.1% | 2026-Q1 |
| Mariner, LLC added | 258,492 | $5M | 0.1% | 2026-Q1 |
| ABC ARBITRAGE SA added | 1,546,396 | $39M | 0.7% | 2025-Q4 stale |
| Duquesne Family Office LLC trimmed | 1,549,950 | $29M | 0.5% | 2025-Q2 stale |
| Cubist Systematic Strategies, LLC trimmed | 1,360,947 | $28M | 0.5% | 2025-Q3 stale |
| 1832 Asset Management L.P. trimmed | 535,000 | $14M | 0.2% | 2025-Q4 stale |
| Optiver Holding B.V. trimmed | 341,960 | $9M | 0.1% | 2025-Q4 stale |
| HOHIMER WEALTH MANAGEMENT, LLC trimmed | 424,891 | $8M | 0.1% | 2025-Q2 stale |
| HRT FINANCIAL LP added | 293,605 | $7M | 0.1% | 2025-Q4 stale |
| Philadelphia Financial Management of San Francisco, LLC trimmed | 310,571 | $6M | 0.1% | 2025-Q3 stale |
| MACQUARIE GROUP LTD added | 307,308 | $6M | 0.1% | 2025-Q3 stale |
| Symmetry Investments LP new | 334,900 | $6M | 0.1% | 2025-Q2 stale |
| VOYA INVESTMENT MANAGEMENT LLC added | 222,217 | $6M | 0.1% | 2025-Q4 stale |
| Employees Retirement System of Texas trimmed | 366,372 | $6M | 0.1% | 2025-Q1 stale |
| PANAGORA ASSET MANAGEMENT INC added | 215,726 | $5M | 0.1% | 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.
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.