Who owns BTDR
Which tracked institutional funds hold BTDR, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BTDR 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
46 tracked funds added or opened BTDR while 51 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
BTDR’s largest tracked holder by dollar value, BlackRock, 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 BTDR more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in BTDR 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 187 tracked filers holding BTDR, 127 increased or opened the position and 73 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 BTDR 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 19
- Sachem Head Capital Management LP$83M
- Situational Awareness Partners LP$30M
- Two Seas Capital LP$19M
- Longaeva Partners L.P.$15M
- CLEARFIELD CAPITAL MANAGEMENT LP$11M
- VANGUARD PORTFOLIO MANAGEMENT LLC$8M
Full exits 8
- VANGUARD GROUP INC$9M
- MARSHALL WACE, LLP$5M
- CAPITAL FUND MANAGEMENT S.A.$5M
- Verition Fund Management LLC$2M
- BOOTHBAY FUND MANAGEMENT, LLC$2M
- Neo Ivy Capital Management$1M
Largest adds
- BANK OF AMERICA CORP /DE/$25M
- Azora Capital LP$20M
- UBS Group AG$14M
- Situational Awareness LP$10M
- CITIGROUP INC$8M
- MILLENNIUM MANAGEMENT LLC$7M
Largest trims
- BARCLAYS PLC$63M
- Fund Resources Investment Holding Group Co Ltd$21M
- FMR LLC$13M
- BlackRock, Inc.$11M
- Point72 Asset Management, L.P.$7M
- JPMORGAN CHASE & CO$5M
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 |
|---|---|---|---|---|
| BlackRock, Inc. added | 11,087,855 | $176M | 11.1% | 2026-Q2 |
| Sachem Head Capital Management LP | 9,635,000 | $153M | 9.7% | 2026-Q2 |
| LONE PINE CAPITAL LLC added | 7,020,026 | $111M | 7.0% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 6,057,568 | $96M | 6.1% | 2026-Q2 |
| Fund Resources Investment Holding Group Co Ltd added | 9,440,418 | $82M | 5.2% | 2026-Q1 |
| Duquesne Family Office LLC new | 4,074,993 | $65M | 4.1% | 2026-Q2 |
| STATE STREET CORP added | 3,644,797 | $58M | 3.7% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 3,186,808 | $51M | 3.2% | 2026-Q2 |
| UBS Group AG added | 4,586,394 | $40M | 2.5% | 2026-Q1 |
| BARCLAYS PLC trimmed | 4,386,801 | $38M | 2.4% | 2026-Q1 |
| Point72 Asset Management, L.P. added | 2,373,557 | $38M | 2.4% | 2026-Q2 |
| Value Aligned Research Advisors, LLC added | 4,046,213 | $35M | 2.2% | 2026-Q1 |
| Situational Awareness LP added | 3,439,450 | $30M | 1.9% | 2026-Q1 |
| Situational Awareness Partners LP new | 3,439,450 | $30M | 1.9% | 2026-Q1 |
| Azora Capital LP added | 3,347,667 | $29M | 1.8% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 3,227,585 | $28M | 1.8% | 2026-Q1 |
| CastleKnight Management LP added | 2,703,516 | $23M | 1.5% | 2026-Q1 |
| Two Seas Capital LP added | 2,223,999 | $19M | 1.2% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 1,173,532 | $19M | 1.2% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 2,114,097 | $18M | 1.2% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 2,080,842 | $18M | 1.1% | 2026-Q1 |
| CITIGROUP INC added | 2,058,520 | $18M | 1.1% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 1,093,932 | $17M | 1.1% | 2026-Q2 |
| Longaeva Partners L.P. new | 1,696,268 | $15M | 0.9% | 2026-Q1 |
| VAN ECK ASSOCIATES CORP trimmed | 1,684,145 | $15M | 0.9% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 1,393,927 | $12M | 0.8% | 2026-Q1 |
| BANK OF NOVA SCOTIA added | 1,369,447 | $12M | 0.7% | 2026-Q1 |
| CLEARFIELD CAPITAL MANAGEMENT LP added | 1,215,748 | $11M | 0.7% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 1,171,718 | $10M | 0.6% | 2026-Q1 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed | 1,157,952 | $10M | 0.6% | 2026-Q1 |
| SONA ASSET MANAGEMENT (US) LLC added | 1,148,024 | $10M | 0.6% | 2026-Q1 |
| Vident Advisory, LLC trimmed | 1,113,864 | $10M | 0.6% | 2026-Q1 |
| MORGAN STANLEY added | 1,106,980 | $10M | 0.6% | 2026-Q1 |
| EXCHANGE TRADED CONCEPTS, LLC added | 1,011,786 | $9M | 0.6% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 888,529 | $8M | 0.5% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL trimmed | 452,281 | $7M | 0.5% | 2026-Q2 |
| Shaolin Capital Management LLC | 823,500 | $7M | 0.5% | 2026-Q1 |
| Parallax Volatility Advisers, L.P. added | 578,412 | $7M | 0.4% | 2026-Q1 |
| NORTHERN TRUST CORP added | 786,452 | $7M | 0.4% | 2026-Q1 |
| 140 Summer Partners LP new | 769,545 | $7M | 0.4% | 2026-Q1 |
| Deltroit Asset Management (UK) LLP added | 765,299 | $7M | 0.4% | 2026-Q1 |
| WOLVERINE ASSET MANAGEMENT LLC added | 741,660 | $6M | 0.4% | 2026-Q1 |
| HRT FINANCIAL LP added | 602,194 | $5M | 0.3% | 2026-Q1 |
| Tidal Investments LLC trimmed | 582,032 | $5M | 0.3% | 2026-Q1 |
| STEADFAST CAPITAL MANAGEMENT LP new | 561,900 | $5M | 0.3% | 2026-Q1 |
| BIT Capital GmbH added | 561,392 | $5M | 0.3% | 2026-Q1 |
| FMR LLC trimmed | 304,256 | $5M | 0.3% | 2026-Q2 |
| Capital Research Global Investors | 536,037 | $5M | 0.3% | 2026-Q1 |
| MARSHALL WACE, LLP trimmed | 270,633 | $4M | 0.3% | 2026-Q2 |
| Headlands Technologies LLC added | 475,196 | $4M | 0.3% | 2026-Q1 |
| ALKEON CAPITAL MANAGEMENT LLC | 475,000 | $4M | 0.3% | 2026-Q1 |
| VOYA INVESTMENT MANAGEMENT LLC trimmed | 467,727 | $4M | 0.3% | 2026-Q1 |
| Brevan Howard Capital Management LP trimmed | 253,907 | $4M | 0.3% | 2026-Q2 |
| Trexquant Investment LP trimmed | 379,652 | $3M | 0.2% | 2026-Q1 |
| Nuveen, LLC added | 378,443 | $3M | 0.2% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 374,962 | $3M | 0.2% | 2026-Q1 |
| SG Americas Securities, LLC added | 361,255 | $3M | 0.2% | 2026-Q1 |
| Vennlight Capital Management, LP added | 360,442 | $3M | 0.2% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP trimmed | 359,500 | $3M | 0.2% | 2026-Q1 |
| NOMURA HOLDINGS INC added | 334,756 | $3M | 0.2% | 2026-Q1 |
| HSG Holding Ltd | 293,732 | $3M | 0.2% | 2026-Q1 |
| Bank of New York Mellon Corp added | 300,136 | $3M | 0.2% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 283,500 | $2M | 0.1% | 2026-Q1 |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC | 283,500 | $2M | 0.1% | 2026-Q1 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC new | 250,312 | $2M | 0.1% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 249,196 | $2M | 0.1% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 113,153 | $2M | 0.1% | 2026-Q2 |
| Swiss National Bank | 198,700 | $2M | 0.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 108,054 | $2M | 0.1% | 2026-Q2 |
| ALGERT GLOBAL LLC added | 194,501 | $2M | 0.1% | 2026-Q1 |
| ExodusPoint Capital Management, LP added | 102,137 | $2M | 0.1% | 2026-Q2 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main added | 166,996 | $1M | 0.1% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 158,117 | $1M | 0.1% | 2026-Q1 |
| IMC-Chicago, LLC trimmed | 146,539 | $1M | 0.1% | 2026-Q1 |
| POLEN CAPITAL MANAGEMENT LLC new | 79,540 | $1M | 0.1% | 2026-Q2 |
| Point72 Hong Kong Ltd added | 1,444,150 | $25M | 1.6% | 2025-Q3 stale |
| Merewether Investment Management, LP new | 601,700 | $10M | 0.7% | 2025-Q3 stale |
| VANGUARD GROUP INC added | 824,073 | $9M | 0.6% | 2025-Q4 stale |
| NEUBERGER BERMAN GROUP LLC new | 526,523 | $9M | 0.6% | 2025-Q3 stale |
| KEYSTONE INVESTORS PTE LTD new | 458,958 | $8M | 0.5% | 2025-Q3 stale |
| Y-Intercept (Hong Kong) Ltd added | 272,313 | $5M | 0.3% | 2025-Q3 stale |
| CAPITAL FUND MANAGEMENT S.A. trimmed | 404,574 | $5M | 0.3% | 2025-Q4 stale |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 510,395 | $5M | 0.3% | 2025-Q1 stale |
| Point72 Asia (Singapore) Pte. Ltd. added | 258,391 | $4M | 0.3% | 2025-Q3 stale |
| Beryl Capital Management LLC new | 200,538 | $3M | 0.2% | 2025-Q3 stale |
| FengHe Fund Management Pte. Ltd. trimmed | 290,700 | $3M | 0.2% | 2025-Q2 stale |
| Aurelius Capital Management, LP trimmed | 169,825 | $3M | 0.2% | 2025-Q3 stale |
| Jump Financial, LLC new | 153,710 | $3M | 0.2% | 2025-Q3 stale |
| Hel Ved Capital Management Ltd trimmed | 261,680 | $2M | 0.1% | 2025-Q1 stale |
| WOLVERINE TRADING, LLC added | 122,056 | $2M | 0.1% | 2025-Q3 stale |
| Wealth High Governance Capital Ltda trimmed | 119,999 | $2M | 0.1% | 2025-Q3 stale |
| SRN Advisors, LLC new | 177,778 | $2M | 0.1% | 2025-Q2 stale |
| Aquatic Capital Management LLC new | 118,132 | $2M | 0.1% | 2025-Q3 stale |
| Graham Capital Management, L.P. added | 105,428 | $2M | 0.1% | 2025-Q3 stale |
| HAP Trading, LLC new | 101,849 | $2M | 0.1% | 2025-Q3 stale |
| Verition Fund Management LLC added | 149,837 | $2M | 0.1% | 2025-Q4 stale |
| Cubist Systematic Strategies, LLC trimmed | 97,651 | $2M | 0.1% | 2025-Q3 stale |
| BOOTHBAY FUND MANAGEMENT, LLC added | 138,836 | $2M | 0.1% | 2025-Q4 stale |
| BW Gestao de Investimentos Ltda. trimmed | 80,001 | $1M | 0.1% | 2025-Q3 stale |
| GREAT LAKES ADVISORS, LLC new | 79,281 | $1M | 0.1% | 2025-Q3 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.