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Institutional Ownership · SEC Form 13F

Who owns KEY (KEY)


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

892
Institutional holders
927,086,867
Shares held (tracked funds)

How the tape is positioned

165 tracked funds added or opened KEY 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

KEY’s largest tracked holder by dollar value, BANK OF NOVA SCOTIA, sizes it at 5.8% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 5.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in KEY 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 888 tracked filers holding KEY, 457 increased or opened the position and 375 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.

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 KEY 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 49

  • VANGUARD CAPITAL MANAGEMENT LLC$1.3B
  • VANGUARD PORTFOLIO MANAGEMENT LLC$1.0B
  • North Reef Capital Management LP$254M
  • Ninety One UK Ltd$193M
  • VANGUARD FIDUCIARY TRUST CO$108M
  • Longaeva Partners L.P.$60M

Full exits 34

  • VANGUARD GROUP INC$2.6B
  • TWO SIGMA ADVISERS, LP$96M
  • Recurrent Investment Advisors LLC$85M
  • Rhino Investment Partners, Inc$12M
  • Skandinaviska Enskilda Banken AB (publ)$9M
  • COMERICA BANK$5M

Largest adds

  • BALYASNY ASSET MANAGEMENT L.P.$130M
  • VICTORY CAPITAL MANAGEMENT INC$73M
  • FMR LLC$58M
  • ACADIAN ASSET MANAGEMENT LLC$52M
  • Assenagon Asset Management S.A.$48M
  • Freestone Grove Partners LP$46M

Largest trims

  • M&T Bank Corp$638M
  • BlackRock, Inc.$481M
  • FRANKLIN RESOURCES INC$282M
  • FULLER & THALER ASSET MANAGEMENT, INC.$209M
  • Capital World Investors$189M
  • PRICE T ROWE ASSOCIATES INC /MD/$134M

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
BANK OF NOVA SCOTIA added162,996,326$3.3B16.3%2026-Q1
BlackRock, Inc. trimmed72,852,870$1.5B7.3%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new65,881,386$1.3B6.6%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new51,485,072$1.0B5.2%2026-Q1
STATE STREET CORP added47,130,435$945M4.7%2026-Q1
FMR LLC added46,636,732$935M4.7%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added25,425,295$508M2.5%2026-Q1
Invesco Ltd. trimmed18,879,876$379M1.9%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP trimmed17,120,465$343M1.7%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ trimmed16,693,424$335M1.7%2026-Q1
GOLDMAN SACHS GROUP INC added14,494,858$291M1.5%2026-Q1
MORGAN STANLEY trimmed14,000,430$281M1.4%2026-Q1
North Reef Capital Management LP added12,650,000$254M1.3%2026-Q1
Capital World Investors trimmed12,239,826$245M1.2%2026-Q1
VICTORY CAPITAL MANAGEMENT INC added11,852,674$238M1.2%2026-Q1
DIMENSIONAL FUND ADVISORS LP added10,715,272$215M1.1%2026-Q1
NORTHERN TRUST CORP trimmed10,043,084$201M1.0%2026-Q1
DEUTSCHE BANK AG\ added9,952,548$200M1.0%2026-Q1
Ninety One UK Ltd added9,603,976$193M1.0%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added9,297,267$186M0.9%2026-Q1
NORGES BANK trimmed10,444,333$167M0.8%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added8,137,940$163M0.8%2026-Q1
AQR CAPITAL MANAGEMENT LLC added7,854,508$156M0.8%2026-Q1
HoldCo Asset Management, LP7,456,484$150M0.7%2026-Q1
UBS Group AG added6,877,823$138M0.7%2026-Q1
BALYASNY ASSET MANAGEMENT L.P. added6,480,359$130M0.6%2026-Q1
DIAMOND HILL CAPITAL MANAGEMENT INC trimmed6,265,374$126M0.6%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed5,670,251$114M0.6%2026-Q1
Legal & General Group Plc trimmed5,639,077$113M0.6%2026-Q1
Bank of New York Mellon Corp trimmed5,493,277$110M0.5%2026-Q1
TWO SIGMA INVESTMENTS, LP trimmed5,448,874$109M0.5%2026-Q1
VANGUARD FIDUCIARY TRUST CO new5,391,901$108M0.5%2026-Q1
WESTFIELD CAPITAL MANAGEMENT CO LP added5,193,334$104M0.5%2026-Q1
ROYAL BANK OF CANADA added5,140,288$103M0.5%2026-Q1
BARCLAYS PLC trimmed5,003,965$100M0.5%2026-Q1
PANAGORA ASSET MANAGEMENT INC added4,641,479$93M0.5%2026-Q1
Artemis Investment Management LLP added3,903,285$78M0.4%2026-Q1
Prana Capital Management, LP added3,897,550$78M0.4%2026-Q1
Freestone Grove Partners LP added3,858,175$77M0.4%2026-Q1
Amundi added3,561,798$71M0.4%2026-Q1
JPMORGAN CHASE & CO trimmed3,613,171$70M0.3%2026-Q1
FULLER & THALER ASSET MANAGEMENT, INC. trimmed3,376,891$68M0.3%2026-Q1
Qube Research & Technologies Ltd added3,217,335$65M0.3%2026-Q1
Longaeva Partners L.P. new2,972,970$60M0.3%2026-Q1
FIRST TRUST ADVISORS LP added2,951,487$59M0.3%2026-Q1
BANK OF MONTREAL /CAN/ trimmed2,891,492$58M0.3%2026-Q1
JANE STREET GROUP, LLC trimmed2,699,906$54M0.3%2026-Q1
CITADEL ADVISORS LLC trimmed2,664,552$53M0.3%2026-Q1
ACADIAN ASSET MANAGEMENT LLC added2,654,931$53M0.3%2026-Q1
Nuveen, LLC added2,645,369$53M0.3%2026-Q1
Eurizon Capital SGR S.p.A. trimmed2,509,221$50M0.2%2026-Q1
Assenagon Asset Management S.A. added2,426,699$49M0.2%2026-Q1
Swiss Life Asset Management Ltd added2,384,334$48M0.2%2026-Q1
WELLS FARGO & COMPANY/MN added2,334,875$47M0.2%2026-Q1
Korea Investment CORP added2,273,334$46M0.2%2026-Q1
Mitsubishi UFJ Asset Management Co., Ltd. added2,132,869$43M0.2%2026-Q1
Vanguard Global Advisers, LLC new2,102,951$42M0.2%2026-Q1
HSBC HOLDINGS PLC trimmed2,068,641$41M0.2%2026-Q1
Sumitomo Mitsui Trust Group, Inc. trimmed2,021,953$41M0.2%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed1,928,421$39M0.2%2026-Q1
MILLENNIUM MANAGEMENT LLC added1,904,360$38M0.2%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new1,900,941$38M0.2%2026-Q1
LOS ANGELES CAPITAL MANAGEMENT LLC added1,861,977$37M0.2%2026-Q1
SG Americas Securities, LLC added1,810,016$36M0.2%2026-Q1
RHUMBLINE ADVISERS added1,770,782$36M0.2%2026-Q1
California Public Employees Retirement System added1,766,616$35M0.2%2026-Q1
BNP PARIBAS FINANCIAL MARKETS trimmed1,733,317$35M0.2%2026-Q1
PRIMECAP MANAGEMENT CO/CA/1,699,430$34M0.2%2026-Q1
Alyeska Investment Group, L.P. added1,684,013$34M0.2%2026-Q1
Retirement Systems of Alabama added1,672,509$34M0.2%2026-Q1
PZENA INVESTMENT MANAGEMENT LLC added1,658,905$33M0.2%2026-Q1
AMERIPRISE FINANCIAL INC trimmed1,625,138$33M0.2%2026-Q1
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC added1,556,745$31M0.2%2026-Q1
RAYMOND JAMES FINANCIAL INC trimmed1,566,084$31M0.2%2026-Q1
FRANKLIN RESOURCES INC trimmed1,494,839$30M0.1%2026-Q1
AE Wealth Management LLC added1,431,619$29M0.1%2026-Q1
SCHRODER INVESTMENT MANAGEMENT GROUP trimmed1,478,279$29M0.1%2026-Q1
BASSWOOD CAPITAL MANAGEMENT, L.L.C. added1,419,549$28M0.1%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed1,400,074$28M0.1%2026-Q1
ALPS ADVISORS INC added1,393,802$28M0.1%2026-Q1
ALLIANCEBERNSTEIN L.P. trimmed1,191,841$25M0.1%2026-Q1
Ceredex Value Advisors LLC trimmed1,181,042$24M0.1%2026-Q1
Quantinno Capital Management LP added1,147,526$23M0.1%2026-Q1
Focus Partners Wealth added1,139,964$23M0.1%2026-Q1
Kestra Advisory Services, LLC added1,128,653$23M0.1%2026-Q1
CITIGROUP INC trimmed1,120,839$22M0.1%2026-Q1
Jain Global LLC added1,083,096$22M0.1%2026-Q1
PRINCIPAL FINANCIAL GROUP INC added1,055,274$21M0.1%2026-Q1
D. E. Shaw & Co., Inc. trimmed1,014,564$20M0.1%2026-Q1
Bridgewater Associates, LP trimmed965,716$19M0.1%2026-Q1
VANGUARD GROUP INC added124,343,305$2.6B12.8%2025-Q4 stale
TWO SIGMA ADVISERS, LP added4,673,000$96M0.5%2025-Q4 stale
Recurrent Investment Advisors LLC new1,920,957$85M0.4%2025-Q4 stale
Kodai Capital Management LP added2,835,815$45M0.2%2025-Q1 stale
Cubist Systematic Strategies, LLC added2,370,748$44M0.2%2025-Q3 stale
Point72 Europe (London) LLP added2,299,877$43M0.2%2025-Q3 stale
Appaloosa LP new2,020,000$38M0.2%2025-Q3 stale
PARNASSUS INVESTMENTS, LLC new2,271,400$36M0.2%2025-Q1 stale
Delta Global Management LP trimmed1,851,404$30M0.1%2025-Q1 stale
ALGEBRIS (UK) LTD added1,389,143$24M0.1%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.

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