Who owns BNDC
Which tracked institutional funds hold BNDC, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BNDC company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-15). 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 BNDC is one-sided between 2025-Q4 and 2026-Q1: 9 added or opened and 1 trimmed or exited — on balance accumulating.
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
BNDC’s largest tracked holder by dollar value, NORTHERN TRUST CORP, 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 BNDC more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in BNDC 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 32 tracked filers holding BNDC, 26 increased or opened the position and 9 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 BNDC 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 2
- VestGen Advisors, LLC$1M
- SeaCrest Wealth Management, LLC$657K
Full exits 1
- CITADEL ADVISORS LLC$858K
Largest adds
- NORTHERN TRUST CORP$6M
- ENVESTNET ASSET MANAGEMENT INC$3M
- PARK NATIONAL CORP /OH/$2M
- Occidental Asset Management, LLC$909K
- First Heartland Consultants, Inc.$396K
- Atria Investments, Inc$396K
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 |
|---|---|---|---|---|
| NORTHERN TRUST CORP added | 3,201,625 | $71M | 49.3% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 1,109,252 | $25M | 17.1% | 2026-Q1 |
| Occidental Asset Management, LLC added | 881,157 | $20M | 13.6% | 2026-Q1 |
| PARK NATIONAL CORP /OH/ added | 294,954 | $7M | 4.5% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC added | 256,028 | $6M | 3.9% | 2026-Q1 |
| Mutual Advisors, LLC added | 77,889 | $2M | 1.2% | 2026-Q1 |
| VestGen Advisors, LLC new | 56,439 | $1M | 0.9% | 2026-Q1 |
| VestGen Investment Management added | 54,528 | $1M | 0.8% | 2026-Q1 |
| CoreCap Advisors, LLC added | 50,842 | $1M | 0.8% | 2026-Q1 |
| LPL Financial LLC added | 40,134 | $893K | 0.6% | 2026-Q1 |
| Atria Investments, Inc added | 39,902 | $887K | 0.6% | 2026-Q1 |
| First Heartland Consultants, Inc. added | 39,105 | $870K | 0.6% | 2026-Q1 |
| Stratos Wealth Advisors, LLC added | 37,364 | $831K | 0.6% | 2026-Q1 |
| Olde Wealth Management, LLC trimmed | 36,841 | $819K | 0.6% | 2026-Q1 |
| Snowden Capital Advisors LLC added | 35,358 | $786K | 0.5% | 2026-Q1 |
| SeaCrest Wealth Management, LLC new | 29,537 | $657K | 0.5% | 2026-Q1 |
| ROI Financial Advisors, LLC added | 27,100 | $603K | 0.4% | 2026-Q1 |
| Herold Advisors, Inc. trimmed | 24,869 | $553K | 0.4% | 2026-Q1 |
| ABSOLUTE CAPITAL MANAGEMENT, LLC added | 24,560 | $546K | 0.4% | 2026-Q1 |
| Patriot Financial Group Insurance Agency, LLC added | 18,970 | $422K | 0.3% | 2026-Q1 |
| WealthPlan Investment Management, LLC added | 15,126 | $336K | 0.2% | 2026-Q1 |
| Regent Peak Wealth Advisors LLC new | 9,640 | $214K | 0.1% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. trimmed | 4,725 | $105K | 0.1% | 2026-Q1 |
| FIFTH THIRD BANCORP new | 4,481 | $100K | 0.1% | 2026-Q1 |
| CX Institutional added | 4,440 | $99K | 0.1% | 2026-Q1 |
| CREATIVE FINANCIAL DESIGNS INC /ADV added | 3,941 | $88K | 0.1% | 2026-Q1 |
| GeoWealth Management, LLC added | 1,275 | $28K | 0.0% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 1,207 | $27K | 0.0% | 2026-Q1 |
| Wilmington Savings Fund Society, FSB | 785 | $17K | 0.0% | 2026-Q1 |
| AlphaCore Capital LLC added | 428 | $10K | 0.0% | 2026-Q1 |
| MORGAN STANLEY trimmed | 260 | $6K | 0.0% | 2026-Q1 |
| Sound Income Strategies, LLC | 0 | — | 0.0% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 38,378 | $858K | 0.6% | 2025-Q4 stale |
| Freedom Investment Management, Inc. added | 34,433 | $767K | 0.5% | 2025-Q2 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 12,035 | $267K | 0.2% | 2025-Q1 stale |
| JANE STREET GROUP, LLC trimmed | 10,754 | $242K | 0.2% | 2025-Q3 stale |
| CITIZENS & NORTHERN CORP trimmed | 10,418 | $233K | 0.2% | 2025-Q4 stale |
| COMERICA BANK added | 4,750 | $106K | 0.1% | 2025-Q4 stale |
| MARQUETTE ASSOCIATES, INC. trimmed | 1,822 | $41K | 0.0% | 2025-Q4 stale |
| Wealth Watch Advisors, INC new | 1,678 | $38K | 0.0% | 2025-Q4 stale |
| ORG Partners LLC | 1,353 | $30K | 0.0% | 2025-Q1 stale |
| Royal Bank of Canada | 1,134 | $25K | 0.0% | 2025-Q2 stale |
| UBS Group AG trimmed | 355 | $8K | 0.0% | 2025-Q3 stale |
| LIBERTY WEALTH MANAGEMENT LLC new | 38,936 | $2K | 0.0% | 2025-Q1 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 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.