Who owns BGSI (BGSI)
Which tracked institutional funds hold BGSI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BGSI 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
30 tracked funds added or opened BGSI while 65 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
BGSI’s largest tracked holder by dollar value, 1832 Asset Management L.P., sizes it at 0.4% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.3pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in BGSI 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 119 tracked filers holding BGSI, 73 increased or opened the position and 49 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 BGSI 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 15
- VANGUARD CAPITAL MANAGEMENT LLC$108M
- MONTRUSCO BOLTON INVESTMENTS INC.$36M
- VANGUARD FIDUCIARY TRUST CO$31M
- Vanguard Global Advisers, LLC$11M
- Investment Management Corp of Ontario$4M
- VANGUARD ASSET MANAGEMENT, Ltd$3M
Full exits 6
- VANGUARD GROUP INC$170M
- NORGES BANK$57M
- Ophir Asset Management Pty Ltd$25M
- Skandinaviska Enskilda Banken AB (publ)$4M
- Langdon Equity Partners$2M
- Connor, Clark & Lunn Investment Management Ltd.$1M
Largest adds
- MORGAN STANLEY$14M
- FMR LLC$11M
- TD Waterhouse Canada Inc.$10M
- CIDEL ASSET MANAGEMENT INC$10M
- CIBC Asset Management Inc$10M
- GUARDIAN CAPITAL LP$7M
Largest trims
- FIL Ltd$140M
- MACKENZIE FINANCIAL CORP$130M
- 1832 Asset Management L.P.$88M
- ROYAL BANK OF CANADA$53M
- Capital World Investors$37M
- BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp$34M
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 |
|---|---|---|---|---|
| 1832 Asset Management L.P. trimmed | 2,265,732 | $290M | 9.5% | 2026-Q1 |
| FIL Ltd trimmed | 2,126,675 | $271M | 8.9% | 2026-Q1 |
| Beutel, Goodman & Co Ltd. added | 1,723,423 | $219M | 7.2% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP trimmed | 1,549,584 | $198M | 6.5% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 1,436,515 | $183M | 6.0% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 1,184,357 | $151M | 5.0% | 2026-Q1 |
| CIBC Asset Management Inc added | 1,069,075 | $136M | 4.5% | 2026-Q1 |
| FMR LLC added | 855,034 | $109M | 3.6% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 849,434 | $108M | 3.5% | 2026-Q1 |
| GUARDIAN CAPITAL LP added | 616,641 | $78M | 2.6% | 2026-Q1 |
| Dixon Mitchell Investment Counsel Inc. trimmed | 612,852 | $78M | 2.6% | 2026-Q1 |
| PICTON MAHONEY ASSET MANAGEMENT added | 550,447 | $70M | 2.3% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 413,018 | $53M | 1.7% | 2026-Q1 |
| Caisse de depot et placement du Quebec trimmed | 404,629 | $51M | 1.7% | 2026-Q1 |
| Clearbridge Investments, LLC added | 370,302 | $47M | 1.5% | 2026-Q1 |
| Global Alpha Capital Management Ltd. added | 325,560 | $42M | 1.4% | 2026-Q1 |
| BCV Asset Management Inc. added | 298,328 | $38M | 1.2% | 2026-Q1 |
| MONTRUSCO BOLTON INVESTMENTS INC. new | 280,207 | $36M | 1.2% | 2026-Q1 |
| Capital World Investors trimmed | 263,428 | $34M | 1.1% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 262,456 | $33M | 1.1% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 180,343 | $32M | 1.0% | 2026-Q1 |
| Canoe Financial LP trimmed | 250,130 | $32M | 1.0% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 243,524 | $31M | 1.0% | 2026-Q1 |
| Waratah Capital Advisors Ltd. trimmed | 231,905 | $30M | 1.0% | 2026-Q1 |
| TD Asset Management Inc added | 187,736 | $24M | 0.8% | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed | 177,576 | $23M | 0.7% | 2026-Q1 |
| MORGAN STANLEY added | 153,953 | $20M | 0.6% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 152,901 | $20M | 0.6% | 2026-Q1 |
| CIDEL ASSET MANAGEMENT INC added | 152,909 | $19M | 0.6% | 2026-Q1 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC trimmed | 135,248 | $17M | 0.6% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC added | 133,564 | $17M | 0.6% | 2026-Q1 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp trimmed | 124,182 | $16M | 0.5% | 2026-Q1 |
| Pembroke Management, LTD trimmed | 114,069 | $15M | 0.5% | 2026-Q1 |
| LOOMIS SAYLES & CO L P trimmed | 113,199 | $14M | 0.5% | 2026-Q1 |
| TD Waterhouse Canada Inc. added | 106,582 | $13M | 0.4% | 2026-Q1 |
| Pillsbury Lake Capital LLC added | 98,256 | $13M | 0.4% | 2026-Q1 |
| PCJ Investment Counsel Ltd. trimmed | 93,893 | $12M | 0.4% | 2026-Q1 |
| Addenda Capital Inc. trimmed | 66,417 | $12M | 0.4% | 2026-Q1 |
| Federation des caisses Desjardins du Quebec added | 88,210 | $11M | 0.4% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 87,468 | $11M | 0.4% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ added | 85,485 | $11M | 0.4% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC trimmed | 83,801 | $11M | 0.3% | 2026-Q1 |
| Lansing Management LP trimmed | 79,460 | $10M | 0.3% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 75,952 | $10M | 0.3% | 2026-Q1 |
| AYAL Capital Advisors Ltd added | 71,200 | $9M | 0.3% | 2026-Q1 |
| NewGen Asset Management Ltd added | 69,800 | $9M | 0.3% | 2026-Q1 |
| INTACT INVESTMENT MANAGEMENT INC. trimmed | 62,780 | $8M | 0.3% | 2026-Q1 |
| Swiss National Bank added | 55,400 | $7M | 0.2% | 2026-Q1 |
| LOUISBOURG INVESTMENTS INC. added | 51,234 | $6M | 0.2% | 2026-Q1 |
| Aviso Financial Inc. trimmed | 48,958 | $6M | 0.2% | 2026-Q1 |
| TORONTO DOMINION BANK added | 42,060 | $5M | 0.2% | 2026-Q1 |
| CIBC WORLD MARKET INC. added | 41,471 | $5M | 0.2% | 2026-Q1 |
| Van Berkom & Associates Inc. added | 39,114 | $5M | 0.2% | 2026-Q1 |
| Cumberland Partners Ltd added | 30,900 | $4M | 0.1% | 2026-Q1 |
| PRELUDE CAPITAL MANAGEMENT, LLC added | 30,682 | $4M | 0.1% | 2026-Q1 |
| Investment Management Corp of Ontario new | 29,769 | $4M | 0.1% | 2026-Q1 |
| LINCLUDEN MANAGEMENT LTD trimmed | 29,113 | $4M | 0.1% | 2026-Q1 |
| Northwest & Ethical Investments L.P. trimmed | 28,753 | $4M | 0.1% | 2026-Q1 |
| UBS Group AG added | 28,189 | $4M | 0.1% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 26,490 | $3M | 0.1% | 2026-Q1 |
| Legal & General Group Plc added | 25,869 | $3M | 0.1% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 21,437 | $3M | 0.1% | 2026-Q1 |
| SEB Asset Management AB new | 20,386 | $3M | 0.1% | 2026-Q1 |
| Cardinal Point Capital Management ULC added | 20,095 | $3M | 0.1% | 2026-Q1 |
| SEVEN GRAND MANAGERS, LLC | 20,000 | $3M | 0.1% | 2026-Q1 |
| Anson Funds Management LP new | 20,000 | $3M | 0.1% | 2026-Q1 |
| CenterBook Partners LP trimmed | 19,776 | $3M | 0.1% | 2026-Q1 |
| Nuveen, LLC | 19,539 | $2M | 0.1% | 2026-Q1 |
| State of Tennessee, Department of Treasury trimmed | 17,886 | $2M | 0.1% | 2026-Q1 |
| Claret Asset Management Corp trimmed | 17,758 | $2M | 0.1% | 2026-Q1 |
| Point72 Asset Management, L.P. new | 17,339 | $2M | 0.1% | 2026-Q1 |
| Advisory Alpha, LLC | 17,262 | $2M | 0.1% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 16,708 | $2M | 0.1% | 2026-Q1 |
| MARSHALL WACE, LLP new | 16,500 | $2M | 0.1% | 2026-Q1 |
| Polar Asset Management Partners Inc. trimmed | 16,000 | $2M | 0.1% | 2026-Q1 |
| Ghisallo Capital Management LLC new | 15,000 | $2M | 0.1% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 14,756 | $2M | 0.1% | 2026-Q1 |
| JANE STREET GROUP, LLC new | 14,256 | $2M | 0.1% | 2026-Q1 |
| BOOTHBAY FUND MANAGEMENT, LLC added | 13,089 | $2M | 0.1% | 2026-Q1 |
| Timelo Investment Management Inc. added | 12,800 | $2M | 0.1% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 11,881 | $2M | 0.0% | 2026-Q1 |
| K.J. Harrison & Partners Inc | 11,800 | $2M | 0.0% | 2026-Q1 |
| BANK OF NOVA SCOTIA TRUST CO trimmed | 11,100 | $1M | 0.0% | 2026-Q1 |
| Invesco Ltd. added | 10,146 | $1M | 0.0% | 2026-Q1 |
| Police & Firemen's Retirement System of New Jersey added | 10,034 | $1M | 0.0% | 2026-Q1 |
| Value Partners Investments Inc. added | 9,905 | $1M | 0.0% | 2026-Q1 |
| Zurcher Kantonalbank (Zurich Cantonalbank) added | 9,864 | $1M | 0.0% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 8,989 | $1M | 0.0% | 2026-Q1 |
| Qube Research & Technologies Ltd new | 8,686 | $1M | 0.0% | 2026-Q1 |
| FRANKLIN RESOURCES INC trimmed | 8,633 | $1M | 0.0% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 8,692 | $1M | 0.0% | 2026-Q1 |
| Alberta Investment Management Corp trimmed | 8,118 | $1M | 0.0% | 2026-Q1 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO added | 7,666 | $975K | 0.0% | 2026-Q1 |
| Vanguard Investments Australia, Ltd. new | 7,184 | $917K | 0.0% | 2026-Q1 |
| VANGUARD GROUP INC new | 1,065,552 | $170M | 5.5% | 2025-Q4 stale |
| NORGES BANK new | 354,710 | $57M | 1.8% | 2025-Q4 stale |
| Ophir Asset Management Pty Ltd new | 158,549 | $25M | 0.8% | 2025-Q4 stale |
| Skandinaviska Enskilda Banken AB (publ) new | 16,846 | $4M | 0.1% | 2025-Q4 stale |
| Langdon Equity Partners new | 12,000 | $2M | 0.1% | 2025-Q4 stale |
| Connor, Clark & Lunn Investment Management Ltd. new | 8,785 | $1M | 0.0% | 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.