Who owns BUSE (BUSE)
Which tracked institutional funds hold BUSE, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BUSE 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
66 tracked funds added or opened BUSE while 39 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
BUSE’s largest tracked holder by dollar value, WELLINGTON MANAGEMENT GROUP LLP, 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 conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in BUSE 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 247 tracked filers holding BUSE, 126 increased or opened the position and 94 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
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 BUSE 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
- VANGUARD CAPITAL MANAGEMENT LLC$92M
- VANGUARD PORTFOLIO MANAGEMENT LLC$18M
- VANGUARD FIDUCIARY TRUST CO$14M
- MALTESE CAPITAL MANAGEMENT LLC$6M
- FRANKLIN RESOURCES INC$5M
- Elizabeth Park Capital Advisors, Ltd.$3M
Full exits 9
- VANGUARD GROUP INC$103M
- Stieven Capital Advisors, L.P.$7M
- PEREGRINE CAPITAL MANAGEMENT LLC$5M
- Brandywine Global Investment Management, LLC$4M
- Curi Capital, LLC$1M
- MENDON CAPITAL ADVISORS CORP$1M
Largest adds
- Savvy Advisors, Inc.$30M
- GOLDMAN SACHS GROUP INC$14M
- DIMENSIONAL FUND ADVISORS LP$12M
- FMR LLC$10M
- BlackRock, Inc.$10M
- STATE STREET CORP$9M
Largest trims
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$202M
- JANUS HENDERSON GROUP PLC$21M
- Nuveen, LLC$10M
- WELLINGTON MANAGEMENT GROUP LLP$8M
- TWO SIGMA INVESTMENTS, LP$4M
- OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC$3M
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 |
|---|---|---|---|---|
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 6,979,005 | $176M | 11.5% | 2026-Q1 |
| BlackRock, Inc. trimmed | 6,974,761 | $176M | 11.5% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 5,067,210 | $128M | 8.3% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 3,625,316 | $92M | 6.0% | 2026-Q1 |
| STATE STREET CORP added | 3,089,405 | $78M | 5.1% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 2,314,372 | $58M | 3.8% | 2026-Q1 |
| LSV ASSET MANAGEMENT added | 1,388,361 | $35M | 2.3% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 1,346,463 | $34M | 2.2% | 2026-Q1 |
| Savvy Advisors, Inc. added | 1,294,378 | $33M | 2.1% | 2026-Q1 |
| MIRABELLA FINANCIAL SERVICES LLP added | 1,249,884 | $32M | 2.1% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 1,111,103 | $28M | 1.8% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 1,080,286 | $27M | 1.8% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 963,140 | $24M | 1.6% | 2026-Q1 |
| NORTHERN TRUST CORP added | 865,443 | $22M | 1.4% | 2026-Q1 |
| Verition Fund Management LLC added | 798,460 | $20M | 1.3% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 721,421 | $18M | 1.2% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 709,890 | $18M | 1.2% | 2026-Q1 |
| FMR LLC added | 695,756 | $18M | 1.1% | 2026-Q1 |
| MORGAN STANLEY trimmed | 640,171 | $16M | 1.1% | 2026-Q1 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC trimmed | 632,633 | $16M | 1.0% | 2026-Q1 |
| Nuveen, LLC trimmed | 596,718 | $15M | 1.0% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 562,889 | $14M | 0.9% | 2026-Q1 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC trimmed | 521,416 | $13M | 0.9% | 2026-Q1 |
| Rhino Investment Partners, Inc added | 492,113 | $12M | 0.8% | 2026-Q1 |
| Empowered Funds, LLC added | 475,547 | $12M | 0.8% | 2026-Q1 |
| LOOMIS SAYLES & CO L P added | 455,719 | $12M | 0.7% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 374,800 | $9M | 0.6% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 325,177 | $8M | 0.5% | 2026-Q1 |
| SEI INVESTMENTS CO added | 301,323 | $8M | 0.5% | 2026-Q1 |
| Creative Planning added | 291,322 | $7M | 0.5% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 273,684 | $7M | 0.4% | 2026-Q1 |
| ProShare Advisors LLC trimmed | 259,160 | $7M | 0.4% | 2026-Q1 |
| MALTESE CAPITAL MANAGEMENT LLC added | 237,500 | $6M | 0.4% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 236,170 | $6M | 0.4% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 233,061 | $6M | 0.4% | 2026-Q1 |
| OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC trimmed | 210,214 | $5M | 0.3% | 2026-Q1 |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 204,447 | $5M | 0.3% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP trimmed | 180,791 | $5M | 0.3% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 179,145 | $5M | 0.3% | 2026-Q1 |
| Swiss National Bank | 175,700 | $4M | 0.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 169,641 | $4M | 0.3% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 169,332 | $4M | 0.3% | 2026-Q1 |
| Invesco Ltd. added | 159,622 | $4M | 0.3% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 157,376 | $4M | 0.3% | 2026-Q1 |
| Sunesis Advisors, LLC | 156,862 | $4M | 0.3% | 2026-Q1 |
| EJF Capital LP added | 154,834 | $4M | 0.3% | 2026-Q1 |
| EverSource Wealth Advisors, LLC added | 13,345 | $4M | 0.2% | 2026-Q1 |
| Quantinno Capital Management LP added | 142,447 | $4M | 0.2% | 2026-Q1 |
| UBS Group AG added | 138,587 | $4M | 0.2% | 2026-Q1 |
| COZAD ASSET MANAGEMENT INC trimmed | 137,179 | $3M | 0.2% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 139,347 | $3M | 0.2% | 2026-Q1 |
| Thrivent Financial for Lutherans added | 133,981 | $3M | 0.2% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC trimmed | 131,739 | $3M | 0.2% | 2026-Q1 |
| TOWLE & CO trimmed | 127,979 | $3M | 0.2% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC added | 127,361 | $3M | 0.2% | 2026-Q1 |
| BANC FUNDS CO LLC added | 127,077 | $3M | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 122,314 | $3M | 0.2% | 2026-Q1 |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. | 117,192 | $3M | 0.2% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 116,730 | $3M | 0.2% | 2026-Q1 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC added | 109,941 | $3M | 0.2% | 2026-Q1 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 105,005 | $3M | 0.2% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 103,430 | $3M | 0.2% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 102,888 | $3M | 0.2% | 2026-Q1 |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | 101,391 | $3M | 0.2% | 2026-Q1 |
| Elizabeth Park Capital Advisors, Ltd. added | 99,797 | $3M | 0.2% | 2026-Q1 |
| State of New Jersey Common Pension Fund D | 96,504 | $2M | 0.2% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 95,005 | $2M | 0.2% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 92,990 | $2M | 0.2% | 2026-Q1 |
| MARSHALL WACE, LLP added | 90,316 | $2M | 0.1% | 2026-Q1 |
| UMB Bank, n.a. | 87,757 | $2M | 0.1% | 2026-Q1 |
| BARCLAYS PLC trimmed | 87,178 | $2M | 0.1% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 82,285 | $2M | 0.1% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 86,538 | $2M | 0.1% | 2026-Q1 |
| D. E. Shaw & Co., Inc. added | 79,245 | $2M | 0.1% | 2026-Q1 |
| Members Trust Co | 75,000 | $2M | 0.1% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 72,662 | $2M | 0.1% | 2026-Q1 |
| Trexquant Investment LP added | 70,078 | $2M | 0.1% | 2026-Q1 |
| Assenagon Asset Management S.A. added | 68,974 | $2M | 0.1% | 2026-Q1 |
| MONETA GROUP INVESTMENT ADVISORS LLC added | 68,141 | $2M | 0.1% | 2026-Q1 |
| Legal & General Group Plc trimmed | 66,117 | $2M | 0.1% | 2026-Q1 |
| CITIGROUP INC added | 65,423 | $2M | 0.1% | 2026-Q1 |
| DARK FOREST CAPITAL MANAGEMENT LP trimmed | 61,401 | $2M | 0.1% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 59,705 | $2M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 4,346,502 | $103M | 6.7% | 2025-Q4 stale |
| Plancorp, LLC | 1,297,225 | $30M | 2.0% | 2025-Q3 stale |
| T. Rowe Price Investment Management, Inc. trimmed | 501,650 | $11M | 0.7% | 2025-Q2 stale |
| FJ Capital Management LLC trimmed | 366,020 | $8M | 0.6% | 2025-Q3 stale |
| Stieven Capital Advisors, L.P. trimmed | 312,764 | $7M | 0.5% | 2025-Q4 stale |
| Philadelphia Financial Management of San Francisco, LLC new | 302,289 | $7M | 0.4% | 2025-Q1 stale |
| North Reef Capital Management LP new | 269,929 | $6M | 0.4% | 2025-Q1 stale |
| TrueMark Investments, LLC new | 238,960 | $5M | 0.3% | 2025-Q1 stale |
| PEREGRINE CAPITAL MANAGEMENT LLC trimmed | 203,201 | $5M | 0.3% | 2025-Q4 stale |
| Cubist Systematic Strategies, LLC added | 199,663 | $4M | 0.3% | 2025-Q1 stale |
| Brandywine Global Investment Management, LLC trimmed | 178,040 | $4M | 0.3% | 2025-Q4 stale |
| Schonfeld Strategic Advisors LLC added | 96,248 | $2M | 0.1% | 2025-Q3 stale |
| DENALI ADVISORS LLC trimmed | 89,750 | $2M | 0.1% | 2025-Q1 stale |
| Keeley-Teton Advisors, LLC trimmed | 88,827 | $2M | 0.1% | 2025-Q1 stale |
| KAVAR CAPITAL PARTNERS GROUP, LLC | 83,432 | $2M | 0.1% | 2025-Q2 stale |
| MACQUARIE GROUP LTD | 74,400 | $2M | 0.1% | 2025-Q3 stale |
| SummerHaven Investment Management, LLC added | 69,002 | $2M | 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.