Who owns BF-B (BF-B)
Which tracked institutional funds hold BF-B, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BF-B 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
The tracked-fund tape on BF-B is one-sided between 2026-Q1 and 2026-Q2: 0 added or opened and 302 trimmed or exited — on balance reducing.
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
BF-B’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 BF-B more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in BF-B 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 608 tracked filers holding BF-B, 269 increased or opened the position and 383 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 BF-B 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.
Full exits 301
- VANGUARD CAPITAL MANAGEMENT LLC$426M
- VANGUARD PORTFOLIO MANAGEMENT LLC$405M
- FMR LLC$336M
- VAN ECK ASSOCIATES CORP$327M
- STATE STREET CORP$270M
- Invesco Ltd.$230M
Largest trims
- Lindsell Train Ltd$16M
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 |
|---|---|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC new | 14,672,328 | $388M | 7.8% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 13,325,235 | $352M | 7.1% | 2026-Q1 |
| VAN ECK ASSOCIATES CORP added | 12,358,531 | $327M | 6.6% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 6,409,430 | $169M | 3.4% | 2026-Q1 |
| ProShare Advisors LLC added | 5,985,443 | $158M | 3.2% | 2026-Q1 |
| Black Creek Investment Management Inc. added | 5,258,106 | $139M | 2.8% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 4,728,421 | $125M | 2.5% | 2026-Q1 |
| MORGAN STANLEY trimmed | 3,973,450 | $105M | 2.1% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added | 3,492,779 | $92M | 1.9% | 2026-Q1 |
| NORGES BANK added | 2,362,373 | $80M | 1.6% | 2026-Q1 |
| Ruffer LLP new | 2,731,876 | $72M | 1.5% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 2,579,542 | $68M | 1.4% | 2026-Q1 |
| EQUITY INVESTMENT CORP trimmed | 2,423,972 | $64M | 1.3% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 2,338,007 | $62M | 1.2% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 2,108,442 | $56M | 1.1% | 2026-Q1 |
| Vest Financial, LLC added | 1,848,778 | $49M | 1.0% | 2026-Q1 |
| Point72 Asset Management, L.P. added | 1,848,302 | $49M | 1.0% | 2026-Q1 |
| Caisse de depot et placement du Quebec added | 1,818,793 | $48M | 1.0% | 2026-Q1 |
| GARDNER RUSSO & QUINN LLC trimmed | 1,647,878 | $44M | 0.9% | 2026-Q1 |
| J. Safra Sarasin Holding AG added | 1,588,648 | $42M | 0.8% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 1,527,245 | $41M | 0.8% | 2026-Q1 |
| BlackRock, Inc. trimmed | 1,472,779 | $39M | 0.8% | 2026-Q1 |
| Grantham, Mayo, Van Otterloo & Co. LLC added | 1,439,650 | $38M | 0.8% | 2026-Q1 |
| ARGA Investment Management, LP new | 1,395,997 | $37M | 0.7% | 2026-Q1 |
| Lindsell Train Ltd trimmed | 1,379,324 | $37M | 0.7% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT CO LTD added | 1,364,427 | $36M | 0.7% | 2026-Q1 |
| CONFLUENCE INVESTMENT MANAGEMENT LLC added | 1,237,621 | $33M | 0.7% | 2026-Q1 |
| FIL Ltd added | 1,136,000 | $30M | 0.6% | 2026-Q1 |
| OLD REPUBLIC INTERNATIONAL CORP added | 1,103,400 | $29M | 0.6% | 2026-Q1 |
| THOMPSON SIEGEL & WALMSLEY LLC trimmed | 1,059,645 | $28M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 1,041,815 | $28M | 0.6% | 2026-Q1 |
| EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC added | 977,232 | $26M | 0.5% | 2026-Q1 |
| GABELLI FUNDS LLC | 901,100 | $24M | 0.5% | 2026-Q1 |
| Baird Financial Group, Inc. added | 835,597 | $22M | 0.4% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 771,974 | $21M | 0.4% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 691,659 | $18M | 0.4% | 2026-Q1 |
| Cerity Partners LLC added | 659,356 | $17M | 0.3% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 620,106 | $16M | 0.3% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 580,352 | $16M | 0.3% | 2026-Q1 |
| HRT FINANCIAL LP added | 573,596 | $15M | 0.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 572,458 | $15M | 0.3% | 2026-Q1 |
| AMIRAL GESTION added | 558,244 | $15M | 0.3% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 553,560 | $15M | 0.3% | 2026-Q1 |
| BARCLAYS PLC added | 509,406 | $13M | 0.3% | 2026-Q1 |
| Markel Group Inc. trimmed | 474,187 | $13M | 0.3% | 2026-Q1 |
| Glenview Trust Co trimmed | 476,212 | $12M | 0.2% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 469,081 | $12M | 0.2% | 2026-Q1 |
| Legal & General Group Plc trimmed | 454,340 | $12M | 0.2% | 2026-Q1 |
| GRACE & WHITE INC /NY added | 442,148 | $12M | 0.2% | 2026-Q1 |
| STATE OF WISCONSIN INVESTMENT BOARD added | 441,045 | $12M | 0.2% | 2026-Q1 |
| RBO & CO LLC trimmed | 424,272 | $11M | 0.2% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND added | 406,525 | $11M | 0.2% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 401,331 | $11M | 0.2% | 2026-Q1 |
| Mitsubishi UFJ Asset Management Co., Ltd. trimmed | 396,364 | $10M | 0.2% | 2026-Q1 |
| ICICI Prudential Asset Management Co Ltd added | 362,600 | $10M | 0.2% | 2026-Q1 |
| Kessler Investment Group, LLC trimmed | 316,886 | $8M | 0.2% | 2026-Q1 |
| Mariner, LLC trimmed | 315,878 | $8M | 0.2% | 2026-Q1 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC added | 295,743 | $8M | 0.2% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 293,979 | $8M | 0.2% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 292,829 | $8M | 0.2% | 2026-Q1 |
| MARSHALL WACE, LLP added | 286,210 | $8M | 0.2% | 2026-Q1 |
| Monaco Asset Management SAM added | 281,050 | $7M | 0.1% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. added | 277,261 | $7M | 0.1% | 2026-Q1 |
| Holocene Advisors, LP added | 277,358 | $7M | 0.1% | 2026-Q1 |
| Moran Wealth Management, LLC added | 267,821 | $7M | 0.1% | 2026-Q1 |
| Morningstar Investment Management LLC trimmed | 266,577 | $7M | 0.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 265,112 | $7M | 0.1% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 255,332 | $7M | 0.1% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 246,730 | $7M | 0.1% | 2026-Q1 |
| GUGGENHEIM CAPITAL LLC added | 237,371 | $6M | 0.1% | 2026-Q1 |
| HSBC HOLDINGS PLC trimmed | 226,833 | $6M | 0.1% | 2026-Q1 |
| YOUSIF CAPITAL MANAGEMENT, LLC added | 214,615 | $6M | 0.1% | 2026-Q1 |
| GAMCO INVESTORS, INC. ET AL trimmed | 205,848 | $6M | 0.1% | 2026-Q1 |
| Creative Planning added | 207,375 | $5M | 0.1% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 206,300 | $5M | 0.1% | 2026-Q1 |
| GATEWAY INVESTMENT ADVISERS LLC added | 203,836 | $5M | 0.1% | 2026-Q1 |
| BANYAN CAPITAL MANAGEMENT, INC. added | 196,284 | $5M | 0.1% | 2026-Q1 |
| BENJAMIN EDWARDS INC added | 182,276 | $5M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 29,523,791 | $769M | 15.4% | 2025-Q4 stale |
| Fundsmith LLP | 9,637,881 | $327M | 6.6% | 2025-Q1 stale |
| FUNDSMITH INVESTMENT SERVICES LTD. | 2,855,440 | $97M | 1.9% | 2025-Q1 stale |
| Champlain Investment Partners, LLC trimmed | 2,633,390 | $89M | 1.8% | 2025-Q1 stale |
| Madison Asset Management, LLC added | 1,886,816 | $64M | 1.3% | 2025-Q1 stale |
| Vontobel Holding Ltd. trimmed | 1,512,771 | $51M | 1.0% | 2025-Q1 stale |
| Alecta Tjanstepension Omsesidigt | 1,600,000 | $42M | 0.8% | 2025-Q4 stale |
| LONDON CO OF VIRGINIA trimmed | 1,181,778 | $31M | 0.6% | 2025-Q4 stale |
| LORD, ABBETT & CO. LLC added | 693,600 | $24M | 0.5% | 2025-Q1 stale |
| AEGON ASSET MANAGEMENT UK Plc new | 732,913 | $19M | 0.4% | 2025-Q4 stale |
| Ceredex Value Advisors LLC new | 520,627 | $14M | 0.3% | 2025-Q4 stale |
| TUDOR INVESTMENT CORP ET AL added | 474,673 | $13M | 0.3% | 2025-Q2 stale |
| LAZARD ASSET MANAGEMENT LLC added | 352,133 | $9M | 0.2% | 2025-Q4 stale |
| MATTERN CAPITAL MANAGEMENT, LLC added | 265,715 | $7M | 0.1% | 2025-Q4 stale |
| Squarepoint Ops LLC trimmed | 250,467 | $7M | 0.1% | 2025-Q3 stale |
| Janney Montgomery Scott LLC trimmed | 258,733 | $7M | 0.1% | 2025-Q4 stale |
| Sather Financial Group Inc trimmed | 248,407 | $6M | 0.1% | 2025-Q4 stale |
| Alyeska Investment Group, L.P. new | 225,000 | $6M | 0.1% | 2025-Q2 stale |
| Aquatic Capital Management LLC added | 226,682 | $6M | 0.1% | 2025-Q4 stale |
| PDT Partners, LLC added | 182,728 | $5M | 0.1% | 2025-Q3 stale |
| AVIVA PLC added | 189,259 | $5M | 0.1% | 2025-Q4 stale |
| RK Asset Management, LLC added | 185,768 | $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.