Who owns BFH (BFH)
Which tracked institutional funds hold BFH, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BFH 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
81 tracked funds added or opened BFH while 84 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
BFH’s largest tracked holder by dollar value, TURTLE CREEK ASSET MANAGEMENT INC., sizes it at 9.5% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 9.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in BFH 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 386 tracked filers holding BFH, 189 increased or opened the position and 183 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 BFH 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 20
- VANGUARD PORTFOLIO MANAGEMENT LLC$206M
- VANGUARD CAPITAL MANAGEMENT LLC$140M
- VANGUARD FIDUCIARY TRUST CO$21M
- CITADEL ADVISORS LLC$11M
- SCHRODER INVESTMENT MANAGEMENT GROUP$10M
- J. Goldman & Co LP$10M
Full exits 20
- VANGUARD GROUP INC$351M
- MIZUHO MARKETS AMERICAS LLC$19M
- VOLORIDGE INVESTMENT MANAGEMENT, LLC$14M
- Brandywine Global Investment Management, LLC$8M
- NATIXIS$4M
- Y-Intercept (Hong Kong) Ltd$4M
Largest adds
- TURTLE CREEK ASSET MANAGEMENT INC.$184M
- SG Americas Securities, LLC$24M
- Allianz Asset Management GmbH$16M
- PRINCIPAL FINANCIAL GROUP INC$14M
- HSBC HOLDINGS PLC$9M
- NORGES BANK$9M
Largest trims
- BlackRock, Inc.$104M
- FRANKLIN RESOURCES INC$64M
- VICTORY CAPITAL MANAGEMENT INC$38M
- MILLENNIUM MANAGEMENT LLC$36M
- DEUTSCHE BANK AG\$31M
- MORGAN STANLEY$21M
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 |
|---|---|---|---|---|
| TURTLE CREEK ASSET MANAGEMENT INC. added | 4,975,507 | $373M | 10.2% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 3,086,060 | $231M | 6.3% | 2026-Q1 |
| BlackRock, Inc. trimmed | 3,069,451 | $230M | 6.3% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 2,756,336 | $206M | 5.7% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 1,869,385 | $140M | 3.8% | 2026-Q1 |
| STATE STREET CORP trimmed | 1,764,783 | $132M | 3.6% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 1,631,621 | $122M | 3.3% | 2026-Q1 |
| Allianz Asset Management GmbH added | 1,346,602 | $101M | 2.8% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,185,210 | $89M | 2.4% | 2026-Q1 |
| FRANKLIN RESOURCES INC trimmed | 1,149,456 | $86M | 2.4% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 1,103,584 | $83M | 2.3% | 2026-Q1 |
| HSBC HOLDINGS PLC added | 1,009,890 | $75M | 2.0% | 2026-Q1 |
| JACOBS LEVY EQUITY MANAGEMENT, INC trimmed | 946,267 | $71M | 1.9% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 812,031 | $61M | 1.7% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 753,014 | $56M | 1.5% | 2026-Q1 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed | 708,466 | $53M | 1.5% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 654,149 | $49M | 1.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 630,225 | $47M | 1.3% | 2026-Q1 |
| MORGAN STANLEY trimmed | 615,628 | $46M | 1.3% | 2026-Q1 |
| PZENA INVESTMENT MANAGEMENT LLC trimmed | 613,673 | $46M | 1.3% | 2026-Q1 |
| NORTHERN TRUST CORP added | 536,102 | $40M | 1.1% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC added | 444,393 | $33M | 0.9% | 2026-Q1 |
| UBS Group AG trimmed | 435,265 | $33M | 0.9% | 2026-Q1 |
| LSV ASSET MANAGEMENT added | 425,611 | $32M | 0.9% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 396,691 | $30M | 0.8% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 385,907 | $29M | 0.8% | 2026-Q1 |
| SG Americas Securities, LLC added | 350,061 | $26M | 0.7% | 2026-Q1 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC trimmed | 330,475 | $25M | 0.7% | 2026-Q1 |
| Public Sector Pension Investment Board added | 284,075 | $21M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 281,589 | $21M | 0.6% | 2026-Q1 |
| Nuveen, LLC added | 264,410 | $20M | 0.5% | 2026-Q1 |
| Invesco Ltd. trimmed | 233,753 | $18M | 0.5% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 219,901 | $16M | 0.5% | 2026-Q1 |
| STOREBRAND ASSET MANAGEMENT AS | 213,571 | $16M | 0.4% | 2026-Q1 |
| NORGES BANK added | 316,745 | $16M | 0.4% | 2026-Q1 |
| PANAGORA ASSET MANAGEMENT INC added | 206,133 | $15M | 0.4% | 2026-Q1 |
| Squarepoint Ops LLC added | 203,553 | $15M | 0.4% | 2026-Q1 |
| PRUDENTIAL FINANCIAL INC trimmed | 203,128 | $15M | 0.4% | 2026-Q1 |
| Miller Value Partners, LLC trimmed | 193,697 | $15M | 0.4% | 2026-Q1 |
| Empowered Funds, LLC added | 193,123 | $14M | 0.4% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 197,088 | $14M | 0.4% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 185,241 | $14M | 0.4% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 185,702 | $14M | 0.4% | 2026-Q1 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC trimmed | 182,623 | $14M | 0.4% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 180,754 | $14M | 0.4% | 2026-Q1 |
| Philadelphia Financial Management of San Francisco, LLC trimmed | 172,156 | $13M | 0.4% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 163,154 | $12M | 0.3% | 2026-Q1 |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. trimmed | 158,693 | $12M | 0.3% | 2026-Q1 |
| ASSETMARK, INC added | 158,588 | $12M | 0.3% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 147,248 | $11M | 0.3% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 138,238 | $10M | 0.3% | 2026-Q1 |
| SCHRODER INVESTMENT MANAGEMENT GROUP added | 138,112 | $10M | 0.3% | 2026-Q1 |
| Cambria Investment Management, L.P. added | 132,811 | $10M | 0.3% | 2026-Q1 |
| J. Goldman & Co LP added | 132,585 | $10M | 0.3% | 2026-Q1 |
| Hudson Bay Capital Management LP trimmed | 131,602 | $10M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 131,192 | $10M | 0.3% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 131,015 | $10M | 0.3% | 2026-Q1 |
| Hillsdale Investment Management Inc. | 128,700 | $10M | 0.3% | 2026-Q1 |
| CAPITAL FUND MANAGEMENT S.A. added | 126,344 | $9M | 0.3% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 125,363 | $9M | 0.3% | 2026-Q1 |
| SEI INVESTMENTS CO trimmed | 122,177 | $9M | 0.3% | 2026-Q1 |
| Legal & General Group Plc trimmed | 116,108 | $9M | 0.2% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 114,292 | $9M | 0.2% | 2026-Q1 |
| JUPITER ASSET MANAGEMENT LTD trimmed | 106,163 | $8M | 0.2% | 2026-Q1 |
| Robeco Institutional Asset Management B.V. | 104,434 | $8M | 0.2% | 2026-Q1 |
| Trexquant Investment LP added | 100,627 | $8M | 0.2% | 2026-Q1 |
| BROOKTREE CAPITAL MANAGEMENT trimmed | 98,534 | $7M | 0.2% | 2026-Q1 |
| ExodusPoint Capital Management, LP added | 96,761 | $7M | 0.2% | 2026-Q1 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 94,320 | $7M | 0.2% | 2026-Q1 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 92,938 | $7M | 0.2% | 2026-Q1 |
| Swiss National Bank trimmed | 90,323 | $7M | 0.2% | 2026-Q1 |
| WINTON GROUP Ltd trimmed | 89,022 | $7M | 0.2% | 2026-Q1 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed | 82,120 | $6M | 0.2% | 2026-Q1 |
| Susquehanna Portfolio Strategies, LLC | 80,854 | $6M | 0.2% | 2026-Q1 |
| BW Gestao de Investimentos Ltda. new | 80,000 | $6M | 0.2% | 2026-Q1 |
| GREAT LAKES ADVISORS, LLC trimmed | 77,266 | $6M | 0.2% | 2026-Q1 |
| Moran Wealth Management, LLC added | 73,814 | $6M | 0.2% | 2026-Q1 |
| BESSEMER GROUP INC added | 71,078 | $5M | 0.1% | 2026-Q1 |
| CITIGROUP INC trimmed | 70,445 | $5M | 0.1% | 2026-Q1 |
| HRT FINANCIAL LP added | 67,283 | $5M | 0.1% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP added | 63,658 | $5M | 0.1% | 2026-Q1 |
| INTECH INVESTMENT MANAGEMENT LLC trimmed | 63,173 | $5M | 0.1% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 62,820 | $5M | 0.1% | 2026-Q1 |
| Jefferies Financial Group Inc. trimmed | 58,900 | $4M | 0.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 55,046 | $4M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 4,742,672 | $351M | 9.6% | 2025-Q4 stale |
| MACQUARIE GROUP LTD trimmed | 744,100 | $41M | 1.1% | 2025-Q3 stale |
| MIZUHO MARKETS AMERICAS LLC trimmed | 262,175 | $19M | 0.5% | 2025-Q4 stale |
| Qube Research & Technologies Ltd added | 274,953 | $15M | 0.4% | 2025-Q3 stale |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 195,466 | $14M | 0.4% | 2025-Q4 stale |
| Point72 Asset Management, L.P. trimmed | 225,955 | $11M | 0.3% | 2025-Q1 stale |
| Capula Management Ltd added | 200,000 | $11M | 0.3% | 2025-Q3 stale |
| JANE STREET GROUP, LLC added | 196,797 | $11M | 0.3% | 2025-Q3 stale |
| Brandywine Global Investment Management, LLC trimmed | 114,310 | $8M | 0.2% | 2025-Q4 stale |
| Quantedge Capital Pte Ltd trimmed | 144,400 | $7M | 0.2% | 2025-Q1 stale |
| AXA S.A. added | 124,149 | $7M | 0.2% | 2025-Q2 stale |
| Interval Partners, LP trimmed | 103,195 | $6M | 0.2% | 2025-Q3 stale |
| AXA Investment Managers S.A. new | 96,784 | $5M | 0.1% | 2025-Q3 stale |
| BALYASNY ASSET MANAGEMENT L.P. added | 75,348 | $4M | 0.1% | 2025-Q2 stale |
| NATIXIS added | 56,000 | $4M | 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.