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Institutional Ownership · SEC Form 13F

Who owns Belden Inc. (BDC)


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

381
Institutional holders
40M
Shares held (tracked funds)

How the tape is positioned

82 tracked funds added or opened BDC while 76 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

BDC’s largest tracked holder by dollar value, VANGUARD GROUP 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 BDC more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in BDC 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 381 tracked filers holding BDC, 210 increased or opened the position and 162 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 BDC 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 31

  • VANGUARD PORTFOLIO MANAGEMENT LLC$310M
  • VANGUARD CAPITAL MANAGEMENT LLC$200M
  • Channing Capital Management, LLC$82M
  • VANGUARD FIDUCIARY TRUST CO$31M
  • MASSACHUSETTS FINANCIAL SERVICES CO /MA/$19M
  • HALLSTATT ADVISORS L.P.$7M

Full exits 15

  • VANGUARD GROUP INC$557M
  • F/m Investments LLC$6M
  • Campbell & CO Investment Adviser LLC$5M
  • Candelo Capital Management LP$4M
  • Nilsine Partners, LLC$3M
  • COMERICA BANK$2M

Largest adds

  • T. Rowe Price Investment Management, Inc.$29M
  • PRICE T ROWE ASSOCIATES INC /MD/$28M
  • NEW YORK STATE COMMON RETIREMENT FUND$20M
  • Qube Research & Technologies Ltd$16M
  • JANUS HENDERSON GROUP PLC$14M
  • Boston Partners$7M

Largest trims

  • NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$260M
  • FMR LLC$84M
  • BlackRock, Inc.$70M
  • Invesco Ltd.$29M
  • WELLINGTON MANAGEMENT GROUP LLP$14M
  • Allspring Global Investments Holdings, LLC$13M

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. trimmed4,364,594$501M10.0%2026-Q1
FMR LLC trimmed3,919,695$450M9.0%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ added3,517,081$404M8.1%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new2,702,329$310M6.2%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new1,742,363$200M4.0%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP trimmed1,588,405$182M3.6%2026-Q1
STATE STREET CORP added1,481,692$170M3.4%2026-Q1
FULLER & THALER ASSET MANAGEMENT, INC. added1,050,327$121M2.4%2026-Q1
DIMENSIONAL FUND ADVISORS LP trimmed1,032,849$119M2.4%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added1,008,653$116M2.3%2026-Q1
Allspring Global Investments Holdings, LLC trimmed784,931$92M1.8%2026-Q1
Channing Capital Management, LLC added710,458$82M1.6%2026-Q1
Invesco Ltd. trimmed690,557$79M1.6%2026-Q1
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. added557,463$64M1.3%2026-Q1
NORTHERN TRUST CORP added506,120$58M1.2%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed495,577$57M1.1%2026-Q1
Bank of New York Mellon Corp trimmed493,595$57M1.1%2026-Q1
VICTORY CAPITAL MANAGEMENT INC trimmed478,001$55M1.1%2026-Q1
FRONTIER CAPITAL MANAGEMENT CO LLC trimmed455,338$52M1.0%2026-Q1
T. Rowe Price Investment Management, Inc. added440,207$51M1.0%2026-Q1
NORGES BANK trimmed491,322$49M1.0%2026-Q1
LORD, ABBETT & CO. LLC trimmed410,128$47M0.9%2026-Q1
Fisher Asset Management, LLC added395,822$45M0.9%2026-Q1
SEGALL BRYANT & HAMILL, LLC trimmed341,360$42M0.8%2026-Q1
SILVERCREST ASSET MANAGEMENT GROUP LLC trimmed350,267$40M0.8%2026-Q1
Newport Trust Company, LLC trimmed341,072$39M0.8%2026-Q1
MORGAN STANLEY added297,374$34M0.7%2026-Q1
Boston Partners added284,650$33M0.7%2026-Q1
VANGUARD FIDUCIARY TRUST CO new273,968$31M0.6%2026-Q1
GOLDMAN SACHS GROUP INC trimmed272,241$31M0.6%2026-Q1
SOUTHERNSUN ASSET MANAGEMENT, LLC trimmed258,377$30M0.6%2026-Q1
Qube Research & Technologies Ltd added249,322$29M0.6%2026-Q1
BANK OF AMERICA CORP /DE/ added238,651$27M0.5%2026-Q1
WATERS PARKERSON & CO., LLC added230,003$26M0.5%2026-Q1
NEW YORK STATE COMMON RETIREMENT FUND added206,336$24M0.5%2026-Q1
Retirement Systems of Alabama added203,108$23M0.5%2026-Q1
Aristotle Capital Boston, LLC trimmed191,038$22M0.4%2026-Q1
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC trimmed190,528$22M0.4%2026-Q1
RENAISSANCE TECHNOLOGIES LLC trimmed189,455$22M0.4%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed181,709$21M0.4%2026-Q1
UBS Group AG trimmed179,170$21M0.4%2026-Q1
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ new169,280$19M0.4%2026-Q1
JPMORGAN CHASE & CO trimmed172,139$19M0.4%2026-Q1
SEI INVESTMENTS CO added155,869$18M0.4%2026-Q1
JANUS HENDERSON GROUP PLC added155,674$18M0.4%2026-Q1
PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO trimmed152,769$18M0.4%2026-Q1
Leeward Investments, LLC - MA added137,376$16M0.3%2026-Q1
KENNEDY CAPITAL MANAGEMENT LLC trimmed127,803$15M0.3%2026-Q1
RHUMBLINE ADVISERS added120,187$14M0.3%2026-Q1
PRINCIPAL FINANCIAL GROUP INC added114,795$13M0.3%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed113,768$13M0.3%2026-Q1
Ceredex Value Advisors LLC trimmed113,125$13M0.3%2026-Q1
First Eagle Investment Management, LLC added102,566$12M0.2%2026-Q1
Nuveen, LLC trimmed98,827$11M0.2%2026-Q1
CRAWFORD INVESTMENT COUNSEL INC trimmed86,665$10M0.2%2026-Q1
CITADEL ADVISORS LLC added85,882$10M0.2%2026-Q1
ALLIANCEBERNSTEIN L.P. added84,308$10M0.2%2026-Q1
Daventry Group, LP trimmed81,899$9M0.2%2026-Q1
RENAISSANCE GROUP LLC added80,844$9M0.2%2026-Q1
AMERIPRISE FINANCIAL INC trimmed80,685$9M0.2%2026-Q1
Swiss National Bank trimmed77,800$9M0.2%2026-Q1
Granite Investment Partners, LLC trimmed72,850$8M0.2%2026-Q1
California Public Employees Retirement System trimmed69,970$8M0.2%2026-Q1
CSM Advisors, LLC added68,053$8M0.2%2026-Q1
PRUDENTIAL FINANCIAL INC trimmed66,624$8M0.2%2026-Q1
Dana Investment Advisors, Inc. trimmed65,990$8M0.2%2026-Q1
STATE OF WISCONSIN INVESTMENT BOARD trimmed64,269$7M0.1%2026-Q1
CITIGROUP INC added64,235$7M0.1%2026-Q1
Pier Capital, LLC trimmed62,914$7M0.1%2026-Q1
HALLSTATT ADVISORS L.P. new61,576$7M0.1%2026-Q1
NEW YORK STATE TEACHERS RETIREMENT SYSTEM trimmed56,156$6M0.1%2026-Q1
LSV ASSET MANAGEMENT added54,943$6M0.1%2026-Q1
Legal & General Group Plc trimmed54,909$6M0.1%2026-Q1
Sterling Capital Management LLC trimmed52,767$6M0.1%2026-Q1
MILLENNIUM MANAGEMENT LLC added51,700$6M0.1%2026-Q1
Universal- Beteiligungs- und Servicegesellschaft mbH added50,433$6M0.1%2026-Q1
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed49,389$6M0.1%2026-Q1
Cresset Asset Management, LLC trimmed49,172$6M0.1%2026-Q1
JANE STREET GROUP, LLC trimmed49,178$6M0.1%2026-Q1
Emerald Investment Advisers, LLC new48,126$6M0.1%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added45,876$5M0.1%2026-Q1
Trexquant Investment LP added45,573$5M0.1%2026-Q1
Phocas Financial Corp. trimmed43,899$5M0.1%2026-Q1
STRS OHIO43,000$5M0.1%2026-Q1
DEUTSCHE BANK AG\ added42,120$5M0.1%2026-Q1
ExodusPoint Capital Management, LP added41,158$5M0.1%2026-Q1
FOSTER & MOTLEY INC added40,594$5M0.1%2026-Q1
Hillsdale Investment Management Inc.40,100$5M0.1%2026-Q1
MetLife Investment Management, LLC trimmed40,040$5M0.1%2026-Q1
Point72 Asset Management, L.P. added39,649$5M0.1%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added38,792$4M0.1%2026-Q1
VANGUARD GROUP INC trimmed4,775,413$557M11.1%2025-Q4 stale
MACQUARIE GROUP LTD trimmed565,735$68M1.4%2025-Q3 stale
SG Capital Management LLC added163,138$19M0.4%2025-Q2 stale
Foundry Partners, LLC added65,967$7M0.1%2025-Q1 stale
Corebridge Financial, Inc. trimmed64,069$6M0.1%2025-Q1 stale
F/m Investments LLC trimmed48,810$6M0.1%2025-Q4 stale
Campbell & CO Investment Adviser LLC added42,461$5M0.1%2025-Q4 stale
AXA S.A. trimmed48,634$5M0.1%2025-Q1 stale
Yaupon Capital Management LP new38,959$5M0.1%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