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.
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).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BANK OF NOVA SCOTIA added | 162,996,326 | $3.3B | 16.3% | 2026-Q1 |
| BlackRock, Inc. trimmed | 72,852,870 | $1.5B | 7.3% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 65,881,386 | $1.3B | 6.6% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 51,485,072 | $1.0B | 5.2% | 2026-Q1 |
| STATE STREET CORP added | 47,130,435 | $945M | 4.7% | 2026-Q1 |
| FMR LLC added | 46,636,732 | $935M | 4.7% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 25,425,295 | $508M | 2.5% | 2026-Q1 |
| Invesco Ltd. trimmed | 18,879,876 | $379M | 1.9% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 17,120,465 | $343M | 1.7% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 16,693,424 | $335M | 1.7% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 14,494,858 | $291M | 1.5% | 2026-Q1 |
| MORGAN STANLEY trimmed | 14,000,430 | $281M | 1.4% | 2026-Q1 |
| North Reef Capital Management LP added | 12,650,000 | $254M | 1.3% | 2026-Q1 |
| Capital World Investors trimmed | 12,239,826 | $245M | 1.2% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC added | 11,852,674 | $238M | 1.2% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 10,715,272 | $215M | 1.1% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 10,043,084 | $201M | 1.0% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 9,952,548 | $200M | 1.0% | 2026-Q1 |
| Ninety One UK Ltd added | 9,603,976 | $193M | 1.0% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 9,297,267 | $186M | 0.9% | 2026-Q1 |
| NORGES BANK trimmed | 10,444,333 | $167M | 0.8% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 8,137,940 | $163M | 0.8% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 7,854,508 | $156M | 0.8% | 2026-Q1 |
| HoldCo Asset Management, LP | 7,456,484 | $150M | 0.7% | 2026-Q1 |
| UBS Group AG added | 6,877,823 | $138M | 0.7% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 6,480,359 | $130M | 0.6% | 2026-Q1 |
| DIAMOND HILL CAPITAL MANAGEMENT INC trimmed | 6,265,374 | $126M | 0.6% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 5,670,251 | $114M | 0.6% | 2026-Q1 |
| Legal & General Group Plc trimmed | 5,639,077 | $113M | 0.6% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 5,493,277 | $110M | 0.5% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP trimmed | 5,448,874 | $109M | 0.5% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 5,391,901 | $108M | 0.5% | 2026-Q1 |
| WESTFIELD CAPITAL MANAGEMENT CO LP added | 5,193,334 | $104M | 0.5% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 5,140,288 | $103M | 0.5% | 2026-Q1 |
| BARCLAYS PLC trimmed | 5,003,965 | $100M | 0.5% | 2026-Q1 |
| PANAGORA ASSET MANAGEMENT INC added | 4,641,479 | $93M | 0.5% | 2026-Q1 |
| Artemis Investment Management LLP added | 3,903,285 | $78M | 0.4% | 2026-Q1 |
| Prana Capital Management, LP added | 3,897,550 | $78M | 0.4% | 2026-Q1 |
| Freestone Grove Partners LP added | 3,858,175 | $77M | 0.4% | 2026-Q1 |
| Amundi added | 3,561,798 | $71M | 0.4% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 3,613,171 | $70M | 0.3% | 2026-Q1 |
| FULLER & THALER ASSET MANAGEMENT, INC. trimmed | 3,376,891 | $68M | 0.3% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 3,217,335 | $65M | 0.3% | 2026-Q1 |
| Longaeva Partners L.P. new | 2,972,970 | $60M | 0.3% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 2,951,487 | $59M | 0.3% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ trimmed | 2,891,492 | $58M | 0.3% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 2,699,906 | $54M | 0.3% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 2,664,552 | $53M | 0.3% | 2026-Q1 |
| ACADIAN ASSET MANAGEMENT LLC added | 2,654,931 | $53M | 0.3% | 2026-Q1 |
| Nuveen, LLC added | 2,645,369 | $53M | 0.3% | 2026-Q1 |
| Eurizon Capital SGR S.p.A. trimmed | 2,509,221 | $50M | 0.2% | 2026-Q1 |
| Assenagon Asset Management S.A. added | 2,426,699 | $49M | 0.2% | 2026-Q1 |
| Swiss Life Asset Management Ltd added | 2,384,334 | $48M | 0.2% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 2,334,875 | $47M | 0.2% | 2026-Q1 |
| Korea Investment CORP added | 2,273,334 | $46M | 0.2% | 2026-Q1 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 2,132,869 | $43M | 0.2% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 2,102,951 | $42M | 0.2% | 2026-Q1 |
| HSBC HOLDINGS PLC trimmed | 2,068,641 | $41M | 0.2% | 2026-Q1 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 2,021,953 | $41M | 0.2% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 1,928,421 | $39M | 0.2% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 1,904,360 | $38M | 0.2% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 1,900,941 | $38M | 0.2% | 2026-Q1 |
| LOS ANGELES CAPITAL MANAGEMENT LLC added | 1,861,977 | $37M | 0.2% | 2026-Q1 |
| SG Americas Securities, LLC added | 1,810,016 | $36M | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 1,770,782 | $36M | 0.2% | 2026-Q1 |
| California Public Employees Retirement System added | 1,766,616 | $35M | 0.2% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 1,733,317 | $35M | 0.2% | 2026-Q1 |
| PRIMECAP MANAGEMENT CO/CA/ | 1,699,430 | $34M | 0.2% | 2026-Q1 |
| Alyeska Investment Group, L.P. added | 1,684,013 | $34M | 0.2% | 2026-Q1 |
| Retirement Systems of Alabama added | 1,672,509 | $34M | 0.2% | 2026-Q1 |
| PZENA INVESTMENT MANAGEMENT LLC added | 1,658,905 | $33M | 0.2% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 1,625,138 | $33M | 0.2% | 2026-Q1 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC added | 1,556,745 | $31M | 0.2% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 1,566,084 | $31M | 0.2% | 2026-Q1 |
| FRANKLIN RESOURCES INC trimmed | 1,494,839 | $30M | 0.1% | 2026-Q1 |
| AE Wealth Management LLC added | 1,431,619 | $29M | 0.1% | 2026-Q1 |
| SCHRODER INVESTMENT MANAGEMENT GROUP trimmed | 1,478,279 | $29M | 0.1% | 2026-Q1 |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. added | 1,419,549 | $28M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 1,400,074 | $28M | 0.1% | 2026-Q1 |
| ALPS ADVISORS INC added | 1,393,802 | $28M | 0.1% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 1,191,841 | $25M | 0.1% | 2026-Q1 |
| Ceredex Value Advisors LLC trimmed | 1,181,042 | $24M | 0.1% | 2026-Q1 |
| Quantinno Capital Management LP added | 1,147,526 | $23M | 0.1% | 2026-Q1 |
| Focus Partners Wealth added | 1,139,964 | $23M | 0.1% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 1,128,653 | $23M | 0.1% | 2026-Q1 |
| CITIGROUP INC trimmed | 1,120,839 | $22M | 0.1% | 2026-Q1 |
| Jain Global LLC added | 1,083,096 | $22M | 0.1% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 1,055,274 | $21M | 0.1% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 1,014,564 | $20M | 0.1% | 2026-Q1 |
| Bridgewater Associates, LP trimmed | 965,716 | $19M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC added | 124,343,305 | $2.6B | 12.8% | 2025-Q4 stale |
| TWO SIGMA ADVISERS, LP added | 4,673,000 | $96M | 0.5% | 2025-Q4 stale |
| Recurrent Investment Advisors LLC new | 1,920,957 | $85M | 0.4% | 2025-Q4 stale |
| Kodai Capital Management LP added | 2,835,815 | $45M | 0.2% | 2025-Q1 stale |
| Cubist Systematic Strategies, LLC added | 2,370,748 | $44M | 0.2% | 2025-Q3 stale |
| Point72 Europe (London) LLP added | 2,299,877 | $43M | 0.2% | 2025-Q3 stale |
| Appaloosa LP new | 2,020,000 | $38M | 0.2% | 2025-Q3 stale |
| PARNASSUS INVESTMENTS, LLC new | 2,271,400 | $36M | 0.2% | 2025-Q1 stale |
| Delta Global Management LP trimmed | 1,851,404 | $30M | 0.1% | 2025-Q1 stale |
| ALGEBRIS (UK) LTD added | 1,389,143 | $24M | 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.