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Institutional Ownership · SEC Form 13F

Who owns BWX (BWX)


Which tracked institutional funds hold BWX, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BWX 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.

159
Institutional holders
39,585,412
Shares held (tracked funds)

How the tape is positioned

30 tracked funds added or opened BWX while 31 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

BWX’s largest tracked holder by dollar value, Cerity Partners OCIO LLC, sizes it at 9.3% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 9.3pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in BWX 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 159 tracked filers holding BWX, 82 increased or opened the position and 83 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 BWX 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 7

  • CI INVESTMENTS INC.$143M
  • Janney Montgomery Scott LLC$4M
  • Redhawk Wealth Advisors, Inc.$2M
  • Focus Partners Wealth$1M
  • HRT FINANCIAL LP$1M
  • AMG National Trust Bank$888K

Full exits 14

  • GOLDMAN SACHS GROUP INC$14M
  • Blueprint Investment Partners LLC$7M
  • Lifestyle Asset Management, Inc.$5M
  • Blueprint Financial Advisors LLC$4M
  • Quadrature Capital Ltd$2M
  • Quent Long Short Global Small Cap Fund, LP$2M

Largest adds

  • JANE STREET GROUP, LLC$54M
  • STATE STREET CORP$24M
  • JPMORGAN CHASE & CO$7M
  • Creative Planning$5M
  • Point Nemo Capital, LLC$4M
  • TECTONIC ADVISORS LLC$3M

Largest trims

  • Cerity Partners OCIO LLC$12M
  • MANUFACTURERS LIFE INSURANCE COMPANY, THE$6M
  • COMMONWEALTH EQUITY SERVICES, LLC$3M
  • Checchi Capital Advisers, LLC$3M
  • RFG Advisory, LLC$3M
  • ENVESTNET ASSET MANAGEMENT INC$2M

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).

FundSharesReported value% of valueQuarter
Cerity Partners OCIO LLC trimmed7,088,016$156M16.9%2026-Q1
CI INVESTMENTS INC. new6,516,641$143M15.6%2026-Q1
MORGAN STANLEY added3,224,085$71M7.7%2026-Q1
JANE STREET GROUP, LLC added2,917,626$64M7.0%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed2,556,928$56M6.1%2026-Q1
Checchi Capital Advisers, LLC trimmed1,433,737$31M3.4%2026-Q1
Creative Planning added1,350,783$30M3.2%2026-Q1
STATE STREET CORP added1,096,126$24M2.6%2026-Q1
ENVESTNET ASSET MANAGEMENT INC trimmed867,715$19M2.1%2026-Q1
LEUTHOLD GROUP, LLC trimmed829,138$18M2.0%2026-Q1
TECTONIC ADVISORS LLC added744,825$16M1.8%2026-Q1
GOULD ASSET MANAGEMENT LLC /CA/ added723,388$16M1.7%2026-Q1
BANK OF AMERICA CORP /DE/ added533,238$12M1.3%2026-Q1
Walkner Condon Financial Advisors LLC added485,825$11M1.2%2026-Q1
LPL Financial LLC added448,054$10M1.1%2026-Q1
CITIGROUP INC trimmed445,393$10M1.1%2026-Q1
FLC Capital Advisors trimmed431,181$9M1.0%2026-Q1
Net Worth Advisory Group added391,402$9M0.9%2026-Q1
WealthShield Partners, LLC added388,551$9M0.9%2026-Q1
Financial Engines Advisors L.L.C. trimmed374,015$8M0.9%2026-Q1
JPMORGAN CHASE & CO added351,145$8M0.8%2026-Q1
AMERIPRISE FINANCIAL INC added342,680$8M0.8%2026-Q1
Cetera Investment Advisers trimmed321,487$7M0.8%2026-Q1
Ackerman Capital Advisors, LLC added321,009$7M0.8%2026-Q1
Upper Left Wealth Management, LLC added312,496$7M0.7%2026-Q1
rebel Financial LLC added294,183$6M0.7%2026-Q1
MML INVESTORS SERVICES, LLC added280,786$6M0.7%2026-Q1
Point Nemo Capital, LLC added263,702$6M0.6%2026-Q1
PNC FINANCIAL SERVICES GROUP, INC. trimmed241,827$5M0.6%2026-Q1
CROBAN added224,801$5M0.5%2026-Q1
NewSquare Capital LLC added218,975$5M0.5%2026-Q1
ASSETMARK, INC added206,597$5M0.5%2026-Q1
Janney Montgomery Scott LLC added197,604$4M0.5%2026-Q1
WELLS FARGO & COMPANY/MN trimmed191,278$4M0.5%2026-Q1
MACKENZIE FINANCIAL CORP173,005$4M0.4%2026-Q1
Baron Financial Group, LLC added148,891$3M0.4%2026-Q1
JONES FINANCIAL COMPANIES LLLP added115,208$3M0.3%2026-Q1
Foundations Investment Advisors, LLC added113,389$2M0.3%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC trimmed110,018$2M0.3%2026-Q1
Quent Capital, LLC added103,846$2M0.2%2026-Q1
UBS Group AG trimmed100,050$2M0.2%2026-Q1
Cerity Partners LLC added97,587$2M0.2%2026-Q1
Redhawk Wealth Advisors, Inc. new95,377$2M0.2%2026-Q1
OSAIC HOLDINGS, INC. trimmed87,513$2M0.2%2026-Q1
RAYMOND JAMES FINANCIAL INC trimmed85,387$2M0.2%2026-Q1
Convergence Financial, LLC added80,584$2M0.2%2026-Q1
HANCOCK WHITNEY CORP added79,184$2M0.2%2026-Q1
CFG Wealth Management Services, Inc.74,567$2M0.2%2026-Q1
Auour Investments LLC added76,679$2M0.2%2026-Q1
Focus Partners Wealth trimmed6,719$1M0.1%2026-Q1
Smartleaf Asset Management LLC added62,479$1M0.1%2026-Q1
ROYAL BANK OF CANADA trimmed61,186$1M0.1%2026-Q1
Envestnet Portfolio Solutions, Inc. trimmed56,955$1M0.1%2026-Q1
Euro Pacific Asset Management, LLC trimmed55,934$1M0.1%2026-Q1
STIFEL FINANCIAL CORP trimmed54,236$1M0.1%2026-Q1
MERCER GLOBAL ADVISORS INC /ADV trimmed52,841$1M0.1%2026-Q1
Pure Financial Advisors, LLC added50,552$1M0.1%2026-Q1
HRT FINANCIAL LP added46,270$1M0.1%2026-Q1
Pathstone Holdings, LLC trimmed41,806$918K0.1%2026-Q1
AMG National Trust Bank added40,442$888K0.1%2026-Q1
Tennessee Valley Asset Management Partners added39,272$862K0.1%2026-Q1
Family CFO Inc new36,121$793K0.1%2026-Q1
Legacy Wealth Asset Management, LLC added33,759$741K0.1%2026-Q1
ECLECTIC ASSOCIATES INC /ADV added33,104$727K0.1%2026-Q1
Cresset Asset Management, LLC trimmed28,389$623K0.1%2026-Q1
FIDUCIARY FINANCIAL GROUP, LLC added27,638$607K0.1%2026-Q1
Vontobel Holding Ltd. added27,434$602K0.1%2026-Q1
PRINCIPAL SECURITIES, INC. added27,024$593K0.1%2026-Q1
PARK AVENUE SECURITIES LLC added26,332$578K0.1%2026-Q1
FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC trimmed25,725$565K0.1%2026-Q1
Concurrent Investment Advisors, LLC added23,964$526K0.1%2026-Q1
RFG Advisory, LLC trimmed23,062$506K0.1%2026-Q1
Atria Investments, Inc added23,023$505K0.1%2026-Q1
First Heartland Consultants, Inc. added22,272$489K0.1%2026-Q1
Fifth Third Securities, Inc. added21,815$479K0.1%2026-Q1
GOLDMAN SACHS GROUP INC added625,925$14M1.5%2025-Q4 stale
Blueprint Investment Partners LLC trimmed289,700$7M0.7%2025-Q4 stale
Lifestyle Asset Management, Inc. added220,522$5M0.5%2025-Q4 stale
RWA WEALTH PARTNERS, LLC trimmed181,952$4M0.5%2025-Q2 stale
Blueprint Financial Advisors LLC trimmed189,084$4M0.5%2025-Q4 stale
Quadrature Capital Ltd new108,872$2M0.3%2025-Q4 stale
Quent Long Short Global Small Cap Fund, LP new102,931$2M0.3%2025-Q4 stale
Q3 Asset Management added93,851$2M0.2%2025-Q2 stale
PRELUDE CAPITAL MANAGEMENT, LLC new73,150$2M0.2%2025-Q3 stale
Buck Wealth Strategies, LLC trimmed71,776$2M0.2%2025-Q4 stale
RENAISSANCE TECHNOLOGIES LLC trimmed61,750$1M0.2%2025-Q3 stale
VanderPol Investments L.L.C. added59,277$1M0.1%2025-Q4 stale
Cullen/Frost Bankers, Inc. added57,822$1M0.1%2025-Q4 stale
Blackhawk Capital Partners LLC. added59,391$1M0.1%2025-Q1 stale
SYKON CAPITAL LLC trimmed57,495$1M0.1%2025-Q4 stale
Spartan Planning & Wealth Management trimmed50,293$1M0.1%2025-Q4 stale
Atria Wealth Solutions, Inc. added50,393$1M0.1%2025-Q1 stale
CITADEL ADVISORS LLC added43,118$971K0.1%2025-Q4 stale
Visionary Wealth Advisors added43,037$941K0.1%2025-Q1 stale
COMERICA BANK added36,533$823K0.1%2025-Q4 stale
Golden State Equity Partners trimmed33,102$778K0.1%2025-Q2 stale
Worth Asset Management, LLC added31,420$738K0.1%2025-Q2 stale
AVALON CAPITAL MANAGEMENT trimmed26,839$605K0.1%2025-Q4 stale
OPPENHEIMER & CO INC trimmed22,885$538K0.1%2025-Q2 stale
Annex Advisory Services, LLC trimmed19,408$446K0.0%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.

HoldersTotal shares

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.

Learn how to read institutional ownership