L3VLUP
Quarter end
31 Mar 2025
the date the book describes
Filed
12 Aug 2025
latest of these filings; the earliest 12 May 2025
Managers listing it
17
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q4 2024 and Q1 2025; 9 listed it in both
Shares listed
20,925,422
combined, among listed positions
Reported value
$2.2bn
combined, at the quarter end

Among the 95 comparable managers: 14 buyers (opened or added shares) and 4 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.

Managers listing BAH in Q1 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q4 2024, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

17 of 17 holders

ActionFiling
T. Rowe Price Associates Inc7,047,070$737m0.09%Trimmed-296,85714 May 2025 (the filing on sec.gov)
Janus Henderson Group Ltd2,429,078$256m0.14%Added+661,94915 May 2025 (the filing on sec.gov)
AQR Capital Management LLC1,622,132$168m0.17%Added+1,204,44615 May 2025 (the filing on sec.gov)
Wellington Management Group LLP1,446,414$151munder 0.1%Addedn.a.13 May 2025 (the filing on sec.gov)
Man Group PLC1,433,879$150m0.38%Added+305,49015 May 2025 (the filing on sec.gov)
AllianceBernstein LP1,406,873$147m0.05%Added+373,39815 May 2025 (the filing on sec.gov)
Millennium Management LLC1,256,178$131m0.07%Addedn.a.15 May 2025 (the filing on sec.gov)
Two Sigma Investments LP1,185,801$124m0.27%Addedn.a.15 May 2025 (the filing on sec.gov)
Balyasny Asset Management LLC774,273$81m0.13%Newnew15 May 2025 (the filing on sec.gov)
Two Sigma Advisers LP745,100$78m0.18%Addedn.a.15 May 2025 (the filing on sec.gov)
Voloridge Investment Management LLC508,319$53m0.20%Addedn.a.15 May 2025 (the filing on sec.gov)
Renaissance Technologies LLC450,194$47m0.07%Trimmed-156,60014 May 2025 (the filing on sec.gov)
Bridgewater Associates LP202,381$21m0.10%Added+133,09914 May 2025 (the filing on sec.gov)
Acadian Asset Management LLC177,378$19m0.05%Trimmed-873,11321 May 2025 (the filing on sec.gov)
Tudor Investment Corp135,699$14munder 0.1%Newnew15 May 2025 (the filing on sec.gov)
Brevan Howard Capital Management LP101,829$11m0.10%Added+57,07615 May 2025 (the filing on sec.gov)
Moore Capital Management LP2,824$295kunder 0.1%Newnew12 Aug 2025 (the filing on sec.gov)

Largest increases and reductions, by shares

Q4 2024 to Q1 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
11 in Q3 2024 to 8 in Q2 2026

Tracked managers listing it, at least.

051015202014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
BAH by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20132$94mn.a.n.a.
Q3 20134$127mn.a.n.a.
Q4 20133$127mn.a.n.a.
Q1 20144$200mn.a.n.a.
Q2 20146$201mn.a.n.a.
Q3 20147$383mn.a.n.a.
Q4 20146$456mn.a.n.a.
Q1 20156$521mn.a.n.a.
Q2 20156$417mn.a.n.a.
Q3 20155$368mn.a.n.a.
Q4 20156$363mn.a.n.a.
Q1 20164$274mn.a.n.a.
Q2 20167$307mn.a.n.a.
Q3 20168$632mn.a.n.a.
Q4 201616$805mn.a.n.a.
Q1 20178$712mn.a.n.a.
Q2 201710$685mn.a.n.a.
Q3 20176$903mn.a.n.a.
Q4 201710$881mn.a.n.a.
Q1 20188$903mn.a.n.a.
Q2 201811$939mn.a.n.a.
Q3 201813$1.0bnn.a.n.a.
Q4 201814$913mn.a.n.a.
Q1 201910$1.2bnn.a.n.a.
Q2 201915$1.7bnn.a.n.a.
Q3 201917$1.9bnn.a.n.a.
Q4 201914$1.7bnn.a.n.a.
Q1 202013$1.5bnn.a.n.a.
Q2 202012$1.5bnn.a.n.a.
Q3 202015$1.5bnn.a.n.a.
Q4 202011$1.7bnn.a.n.a.
Q1 202115$1.6bnn.a.n.a.
Q2 202111$1.7bnn.a.n.a.
Q3 20219$1.6bnn.a.n.a.
Q4 202110$1.9bnn.a.n.a.
Q1 202212$1.8bnn.a.n.a.
Q2 202212$1.9bnn.a.n.a.
Q3 202217$1.8bnn.a.n.a.
Q4 202216$1.8bnn.a.n.a.
Q1 202314$1.4bnn.a.n.a.
Q2 202312$1.6bnn.a.n.a.
Q3 202313$1.4bnn.a.n.a.
Q4 20236$1.5bn35
Q1 202410$1.8bn91
Q2 202412$1.8bn93
Q3 202411$1.9bn92
Q4 202415$1.8bn124
Q1 202517$2.2bn144
Q2 202518$1.7bn118
Q3 202512$1.5bn85
Q4 20259$999m1122
Q1 20264$767m1615
Q2 20268$786m1815

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

BAH and V →BAH and MA →BAH and MCO →Choose a stock to compare with BAH →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own BAH, latest filings →Back to the 13F Explorer →