Who owns Bill.com Holdings (BILL)
Which tracked institutional funds hold BILL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BILL company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 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
68 tracked funds added or opened BILL while 169 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
BILL’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 BILL more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in BILL 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 339 tracked filers holding BILL, 180 increased or opened the position and 204 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 BILL 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 32
- VANGUARD PORTFOLIO MANAGEMENT LLC$218M
- VANGUARD CAPITAL MANAGEMENT LLC$150M
- FULLER & THALER ASSET MANAGEMENT, INC.$76M
- VANGUARD FIDUCIARY TRUST CO$21M
- Yiheng Capital Management, L.P.$9M
- Qube Research & Technologies Ltd$7M
Full exits 44
- VANGUARD GROUP INC$556M
- Elliott Investment Management L.P.$164M
- Senator Investment Group LP$38M
- FRONTIER CAPITAL MANAGEMENT CO LLC$35M
- M&T Bank Corp$22M
- NewEdge Wealth, LLC$16M
Largest adds
- NOMURA HOLDINGS INC$64M
- GOLDMAN SACHS GROUP INC$14M
- LOS ANGELES CAPITAL MANAGEMENT LLC$14M
- D. E. Shaw & Co., Inc.$11M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$8M
- Quantinno Capital Management LP$8M
Largest trims
- BlackRock, Inc.$240M
- Point72 Asset Management, L.P.$144M
- ER Collective Holdings, LLC$138M
- Contour Asset Management LLC$129M
- MARSHALL WACE, LLP$129M
- Starboard Value LP$114M
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 |
|---|---|---|---|---|
| ER Collective Holdings, LLC | 8,518,300 | $326M | 6.8% | 2026-Q1 |
| BlackRock, Inc. added | 8,735,197 | $316M | 6.6% | 2026-Q2 |
| Starboard Value LP added | 7,025,748 | $254M | 5.3% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 5,684,842 | $218M | 4.5% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 3,921,018 | $150M | 3.1% | 2026-Q1 |
| Senvest Management, LLC added | 3,835,348 | $147M | 3.1% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 3,562,810 | $129M | 2.7% | 2026-Q2 |
| Contour Asset Management LLC trimmed | 3,341,743 | $128M | 2.7% | 2026-Q1 |
| Greenhouse Funds LLLP added | 3,190,605 | $122M | 2.5% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 3,090,741 | $118M | 2.5% | 2026-Q1 |
| STATE STREET CORP added | 3,140,742 | $114M | 2.4% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 2,834,458 | $109M | 2.3% | 2026-Q1 |
| FULLER & THALER ASSET MANAGEMENT, INC. added | 1,996,215 | $76M | 1.6% | 2026-Q1 |
| NOMURA HOLDINGS INC added | 1,728,795 | $66M | 1.4% | 2026-Q1 |
| PARNASSUS INVESTMENTS, LLC added | 1,662,250 | $64M | 1.3% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,599,679 | $61M | 1.3% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 1,631,907 | $59M | 1.2% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 1,532,340 | $59M | 1.2% | 2026-Q1 |
| UBS Group AG trimmed | 1,286,400 | $49M | 1.0% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 1,159,650 | $44M | 0.9% | 2026-Q1 |
| Invenomic Capital Management LP added | 1,033,296 | $40M | 0.8% | 2026-Q1 |
| LPL Financial LLC added | 878,947 | $34M | 0.7% | 2026-Q1 |
| MANGROVE PARTNERS IM, LLC | 838,994 | $30M | 0.6% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 784,252 | $30M | 0.6% | 2026-Q1 |
| FMR LLC trimmed | 746,353 | $27M | 0.6% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 668,111 | $26M | 0.5% | 2026-Q1 |
| MORGAN STANLEY trimmed | 653,937 | $25M | 0.5% | 2026-Q1 |
| LIGHT STREET CAPITAL MANAGEMENT, LLC trimmed | 625,000 | $24M | 0.5% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 607,715 | $23M | 0.5% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 598,847 | $23M | 0.5% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 570,537 | $22M | 0.5% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 548,675 | $21M | 0.4% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 501,280 | $19M | 0.4% | 2026-Q1 |
| Retirement Systems of Alabama added | 491,405 | $19M | 0.4% | 2026-Q1 |
| BARCLAYS PLC added | 441,589 | $17M | 0.4% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 438,154 | $17M | 0.3% | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 425,600 | $16M | 0.3% | 2026-Q1 |
| PAR CAPITAL MANAGEMENT INC added | 400,000 | $15M | 0.3% | 2026-Q1 |
| ARMISTICE CAPITAL, LLC added | 374,908 | $14M | 0.3% | 2026-Q1 |
| NORGES BANK trimmed | 390,252 | $14M | 0.3% | 2026-Q2 |
| LOS ANGELES CAPITAL MANAGEMENT LLC added | 357,078 | $14M | 0.3% | 2026-Q1 |
| Quantinno Capital Management LP added | 357,007 | $14M | 0.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 351,435 | $13M | 0.3% | 2026-Q1 |
| LOOMIS SAYLES & CO L P added | 339,259 | $13M | 0.3% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 336,829 | $13M | 0.3% | 2026-Q1 |
| BARINGTON COMPANIES MANAGEMENT, LLC trimmed | 313,800 | $12M | 0.3% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 318,852 | $12M | 0.2% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 325,658 | $12M | 0.2% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ trimmed | 295,586 | $11M | 0.2% | 2026-Q1 |
| Freestone Grove Partners LP added | 294,496 | $11M | 0.2% | 2026-Q1 |
| Assenagon Asset Management S.A. trimmed | 292,926 | $11M | 0.2% | 2026-Q1 |
| MONIMUS CAPITAL MANAGEMENT, LP added | 282,447 | $11M | 0.2% | 2026-Q1 |
| Invesco Ltd. added | 286,023 | $10M | 0.2% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 264,036 | $10M | 0.2% | 2026-Q1 |
| Nuveen, LLC added | 250,487 | $10M | 0.2% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 163,254 | $9M | 0.2% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 225,883 | $9M | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 223,454 | $9M | 0.2% | 2026-Q1 |
| Yiheng Capital Management, L.P. new | 222,820 | $9M | 0.2% | 2026-Q1 |
| Verition Fund Management LLC trimmed | 233,514 | $8M | 0.2% | 2026-Q2 |
| IRIDIAN ASSET MANAGEMENT LLC/CT added | 198,745 | $8M | 0.2% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 196,446 | $8M | 0.2% | 2026-Q1 |
| Meridiem Capital Partners LP trimmed | 195,333 | $7M | 0.2% | 2026-Q1 |
| MARSHALL WACE, LLP trimmed | 195,012 | $7M | 0.1% | 2026-Q2 |
| Qube Research & Technologies Ltd trimmed | 180,876 | $7M | 0.1% | 2026-Q1 |
| ALGERT GLOBAL LLC added | 180,240 | $7M | 0.1% | 2026-Q1 |
| ExodusPoint Capital Management, LP trimmed | 185,720 | $7M | 0.1% | 2026-Q2 |
| VANGUARD GROUP INC trimmed | 10,195,136 | $556M | 11.6% | 2025-Q4 stale |
| Elliott Investment Management L.P. | 3,000,000 | $164M | 3.4% | 2025-Q4 stale |
| Abdiel Capital Advisors, LP trimmed | 2,579,611 | $119M | 2.5% | 2025-Q2 stale |
| TOMS Capital Investment Management LP new | 1,354,248 | $72M | 1.5% | 2025-Q3 stale |
| TWO SIGMA ADVISERS, LP trimmed | 1,222,902 | $57M | 1.2% | 2025-Q2 stale |
| Temasek Holdings (Private) Ltd trimmed | 919,807 | $43M | 0.9% | 2025-Q2 stale |
| NATIONAL BANK OF CANADA /FI/ added | 800,000 | $42M | 0.9% | 2025-Q3 stale |
| Senator Investment Group LP new | 693,379 | $38M | 0.8% | 2025-Q4 stale |
| FRONTIER CAPITAL MANAGEMENT CO LLC added | 641,710 | $35M | 0.7% | 2025-Q4 stale |
| Fiera Capital Corp added | 634,430 | $29M | 0.6% | 2025-Q1 stale |
| ING GROEP NV added | 500,000 | $26M | 0.6% | 2025-Q3 stale |
| Railway Pension Investments Ltd | 549,946 | $25M | 0.5% | 2025-Q2 stale |
| M&T Bank Corp added | 402,389 | $22M | 0.5% | 2025-Q4 stale |
| WCM INVESTMENT MANAGEMENT, LLC added | 464,155 | $21M | 0.4% | 2025-Q2 stale |
| Cubist Systematic Strategies, LLC added | 385,952 | $18M | 0.4% | 2025-Q2 stale |
| Man Group plc added | 334,270 | $18M | 0.4% | 2025-Q3 stale |
| NewEdge Wealth, LLC new | 289,289 | $16M | 0.3% | 2025-Q4 stale |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 253,445 | $14M | 0.3% | 2025-Q4 stale |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 239,858 | $13M | 0.3% | 2025-Q3 stale |
| Amova Asset Management Americas, Inc. trimmed | 239,858 | $13M | 0.3% | 2025-Q3 stale |
| KADENSA CAPITAL Ltd added | 249,223 | $11M | 0.2% | 2025-Q1 stale |
| HSBC HOLDINGS PLC added | 198,383 | $11M | 0.2% | 2025-Q4 stale |
| TUDOR INVESTMENT CORP ET AL added | 231,399 | $11M | 0.2% | 2025-Q2 stale |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC added | 223,788 | $10M | 0.2% | 2025-Q2 stale |
| PELION, INC. trimmed | 191,219 | $10M | 0.2% | 2025-Q3 stale |
| Trexquant Investment LP added | 181,120 | $10M | 0.2% | 2025-Q3 stale |
| One Fin Capital Management LP trimmed | 170,000 | $9M | 0.2% | 2025-Q4 stale |
| Telemark Asset Management, LLC trimmed | 200,000 | $9M | 0.2% | 2025-Q2 stale |
| GREAT LAKES ADVISORS, LLC trimmed | 198,305 | $9M | 0.2% | 2025-Q2 stale |
| Totem Point Management, LLC added | 155,100 | $8M | 0.2% | 2025-Q4 stale |
| Twenty Acre Capital LP added | 181,400 | $8M | 0.2% | 2025-Q2 stale |
| ARK Investment Management LLC added | 151,654 | $8M | 0.2% | 2025-Q3 stale |
| Tairen Capital Ltd added | 154,000 | $7M | 0.1% | 2025-Q1 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.