Who owns BHF (BHF)
Which tracked institutional funds hold BHF, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BHF 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
70 tracked funds added or opened BHF while 94 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
BHF’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 BHF more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in BHF 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 465 tracked filers holding BHF, 197 increased or opened the position and 170 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 BHF 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 25
- VANGUARD CAPITAL MANAGEMENT LLC$154M
- VANGUARD PORTFOLIO MANAGEMENT LLC$150M
- Kryger Capital LLC$30M
- Calamos Advisors LLC$23M
- BALYASNY ASSET MANAGEMENT L.P.$22M
- VANGUARD FIDUCIARY TRUST CO$21M
Full exits 19
- VANGUARD GROUP INC$322M
- KRYGER CAPITAL Ltd$20M
- BANK OF NOVA SCOTIA$14M
- Assenagon Asset Management S.A.$11M
- TORONTO DOMINION BANK$9M
- Hillsdale Investment Management Inc.$6M
Largest adds
- UBS Group AG$59M
- MILLENNIUM MANAGEMENT LLC$55M
- NORGES BANK$34M
- GLAZER CAPITAL, LLC$30M
- GOLDMAN SACHS GROUP INC$20M
- ALLIANCEBERNSTEIN L.P.$15M
Largest trims
- BlackRock, Inc.$169M
- HBK INVESTMENTS L P$124M
- FMR LLC$47M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$32M
- Nuveen, LLC$32M
- BANK OF AMERICA CORP /DE/$29M
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 |
|---|---|---|---|---|
| UBS Group AG added | 3,734,476 | $224M | 6.2% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 3,555,823 | $213M | 5.9% | 2026-Q1 |
| BlackRock, Inc. trimmed | 2,976,431 | $178M | 4.9% | 2026-Q1 |
| DME Capital Management, LP added | 2,842,100 | $170M | 4.7% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 2,592,405 | $155M | 4.3% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 2,569,674 | $154M | 4.3% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 2,499,064 | $150M | 4.1% | 2026-Q1 |
| GLAZER CAPITAL, LLC added | 2,392,195 | $143M | 4.0% | 2026-Q1 |
| STATE STREET CORP trimmed | 1,938,898 | $116M | 3.2% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 1,526,258 | $91M | 2.5% | 2026-Q1 |
| MORGAN STANLEY added | 1,287,236 | $77M | 2.1% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,100,237 | $66M | 1.8% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 833,521 | $54M | 1.5% | 2026-Q1 |
| AQR Arbitrage LLC added | 849,755 | $51M | 1.4% | 2026-Q1 |
| SOROS FUND MANAGEMENT LLC added | 846,794 | $51M | 1.4% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 773,273 | $46M | 1.3% | 2026-Q1 |
| NORGES BANK added | 791,559 | $46M | 1.3% | 2026-Q1 |
| CITIGROUP INC added | 683,396 | $41M | 1.1% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 653,985 | $39M | 1.1% | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 642,800 | $38M | 1.1% | 2026-Q1 |
| NORTHERN TRUST CORP added | 598,901 | $36M | 1.0% | 2026-Q1 |
| NEXPOINT ASSET MANAGEMENT, L.P. | 576,508 | $35M | 1.0% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 567,247 | $34M | 0.9% | 2026-Q1 |
| HSBC HOLDINGS PLC added | 542,749 | $33M | 0.9% | 2026-Q1 |
| Kryger Capital LLC new | 502,734 | $30M | 0.8% | 2026-Q1 |
| ALPINE ASSOCIATES MANAGEMENT INC. added | 453,947 | $27M | 0.8% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 438,372 | $26M | 0.7% | 2026-Q1 |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC added | 438,372 | $26M | 0.7% | 2026-Q1 |
| Calamos Advisors LLC added | 391,771 | $23M | 0.7% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. trimmed | 365,131 | $22M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 356,117 | $21M | 0.6% | 2026-Q1 |
| Invesco Ltd. trimmed | 355,876 | $21M | 0.6% | 2026-Q1 |
| FIRST TRUST ADVISORS LP trimmed | 355,625 | $21M | 0.6% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 354,747 | $21M | 0.6% | 2026-Q1 |
| ODDO BHF ASSET MANAGEMENT SAS new | 340,000 | $20M | 0.6% | 2026-Q1 |
| PRELUDE CAPITAL MANAGEMENT, LLC trimmed | 305,482 | $18M | 0.5% | 2026-Q1 |
| Jefferies Financial Group Inc. trimmed | 304,707 | $18M | 0.5% | 2026-Q1 |
| M3F, Inc. new | 280,000 | $17M | 0.5% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 277,590 | $17M | 0.5% | 2026-Q1 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. added | 215,111 | $13M | 0.4% | 2026-Q1 |
| Allianz Asset Management GmbH added | 213,977 | $13M | 0.4% | 2026-Q1 |
| Squarepoint Ops LLC trimmed | 212,792 | $13M | 0.4% | 2026-Q1 |
| Hudson Bay Capital Management LP added | 202,519 | $12M | 0.3% | 2026-Q1 |
| HBK INVESTMENTS L P trimmed | 200,000 | $12M | 0.3% | 2026-Q1 |
| GRACE & WHITE INC /NY | 187,642 | $11M | 0.3% | 2026-Q1 |
| Quantinno Capital Management LP added | 186,971 | $11M | 0.3% | 2026-Q1 |
| Groupe la Francaise added | 180,877 | $11M | 0.3% | 2026-Q1 |
| SYQUANT CAPITAL SAS added | 169,868 | $10M | 0.3% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 169,177 | $10M | 0.3% | 2026-Q1 |
| Gotham Asset Management, LLC trimmed | 160,957 | $10M | 0.3% | 2026-Q1 |
| MUFG Securities EMEA plc trimmed | 158,000 | $9M | 0.3% | 2026-Q1 |
| MARSHALL WACE, LLP added | 155,074 | $9M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 148,456 | $9M | 0.2% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 146,469 | $9M | 0.2% | 2026-Q1 |
| HENNESSY ADVISORS INC trimmed | 145,847 | $9M | 0.2% | 2026-Q1 |
| WINTON GROUP Ltd trimmed | 143,665 | $9M | 0.2% | 2026-Q1 |
| SG Americas Securities, LLC trimmed | 138,287 | $8M | 0.2% | 2026-Q1 |
| CREDIT INDUSTRIEL ET COMMERCIAL trimmed | 137,276 | $8M | 0.2% | 2026-Q1 |
| Athos Capital Ltd new | 130,000 | $8M | 0.2% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 127,646 | $8M | 0.2% | 2026-Q1 |
| Tidal Investments LLC added | 124,765 | $7M | 0.2% | 2026-Q1 |
| Amundi added | 123,276 | $7M | 0.2% | 2026-Q1 |
| Brevan Howard Capital Management LP added | 120,793 | $7M | 0.2% | 2026-Q1 |
| Qube Research & Technologies Ltd trimmed | 118,903 | $7M | 0.2% | 2026-Q1 |
| Swiss National Bank added | 113,100 | $7M | 0.2% | 2026-Q1 |
| LSV ASSET MANAGEMENT | 106,573 | $6M | 0.2% | 2026-Q1 |
| Retirement Systems of Alabama added | 102,605 | $6M | 0.2% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 102,582 | $6M | 0.2% | 2026-Q1 |
| Nuveen, LLC trimmed | 96,973 | $6M | 0.2% | 2026-Q1 |
| ADAR1 Capital Management, LLC | 95,523 | $6M | 0.2% | 2026-Q1 |
| GARDNER LEWIS ASSET MANAGEMENT L P | 91,014 | $5M | 0.2% | 2026-Q1 |
| KESTREL INVESTMENT MANAGEMENT CORP trimmed | 90,400 | $5M | 0.2% | 2026-Q1 |
| Legal & General Group Plc trimmed | 83,010 | $5M | 0.1% | 2026-Q1 |
| Centiva Capital, LP added | 81,867 | $5M | 0.1% | 2026-Q1 |
| GABELLI FUNDS LLC added | 78,064 | $5M | 0.1% | 2026-Q1 |
| NATIXIS trimmed | 75,983 | $5M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 4,977,541 | $322M | 8.9% | 2025-Q4 stale |
| Pentwater Capital Management LP added | 2,285,000 | $121M | 3.4% | 2025-Q3 stale |
| Woodline Partners LP added | 933,471 | $50M | 1.4% | 2025-Q2 stale |
| Freestone Grove Partners LP trimmed | 592,783 | $31M | 0.9% | 2025-Q3 stale |
| TWO SIGMA ADVISERS, LP added | 368,300 | $20M | 0.5% | 2025-Q2 stale |
| JACOBS LEVY EQUITY MANAGEMENT, INC trimmed | 365,937 | $20M | 0.5% | 2025-Q2 stale |
| KRYGER CAPITAL Ltd added | 302,796 | $20M | 0.5% | 2025-Q4 stale |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 330,333 | $18M | 0.5% | 2025-Q2 stale |
| BANK OF NOVA SCOTIA added | 215,221 | $14M | 0.4% | 2025-Q4 stale |
| Algebris (UK) Ltd added | 219,025 | $12M | 0.3% | 2025-Q1 stale |
| Assenagon Asset Management S.A. added | 162,145 | $11M | 0.3% | 2025-Q4 stale |
| SAMLYN CAPITAL, LLC new | 150,892 | $9M | 0.2% | 2025-Q1 stale |
| TORONTO DOMINION BANK added | 134,052 | $9M | 0.2% | 2025-Q4 stale |
| Kawa Capital Management, Inc new | 150,000 | $8M | 0.2% | 2025-Q2 stale |
| Man Group plc added | 148,829 | $8M | 0.2% | 2025-Q3 stale |
| Brandywine Global Investment Management, LLC trimmed | 147,402 | $8M | 0.2% | 2025-Q3 stale |
| MARINER INVESTMENT GROUP LLC new | 136,000 | $7M | 0.2% | 2025-Q3 stale |
| TWINBEECH CAPITAL LP added | 129,483 | $7M | 0.2% | 2025-Q2 stale |
| Hillsdale Investment Management Inc. trimmed | 91,400 | $6M | 0.2% | 2025-Q4 stale |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added | 109,913 | $6M | 0.2% | 2025-Q3 stale |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 107,100 | $6M | 0.2% | 2025-Q2 stale |
| BI Asset Management Fondsmaeglerselskab A/S added | 99,273 | $5M | 0.1% | 2025-Q2 stale |
| PSquared Asset Management AG new | 99,000 | $5M | 0.1% | 2025-Q3 stale |
| California Public Employees Retirement System added | 92,633 | $5M | 0.1% | 2025-Q2 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.