L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 22 Jan 2026
Managers listing it
32
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 13 listed it in both
Shares listed
47,148,555
combined, among listed positions
Reported value
$9.2bn
combined, at the quarter end

Among the 92 comparable managers: 20 buyers (opened or added shares) and 14 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +6,428,669.

Managers listing BDX in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

32 of 32 holders

ActionFiling
First Eagle Investment Management LLC11,646,000$2.3bn3.98%Added+1,651,5924 Feb 2026 (the filing on sec.gov)
MFS Investment Management9,486,694$1.8bn0.59%Added+336,11022 Jan 2026 (the filing on sec.gov)
Wellington Management Group LLP5,299,030$1.0bn0.18%Added+66,94417 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc4,279,200$830m0.09%Trimmed-343,33717 Feb 2026 (the filing on sec.gov)
Invesco Ltd3,790,490$736m0.07%Added+1,237,50719 Feb 2026 (the filing on sec.gov)
Harris Associates LP2,841,721$551m0.70%Trimmed-273,65417 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)1,532,988$298munder 0.1%Added+528,23317 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP1,456,912$283m0.26%Added+1,453,60913 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC1,186,943$230m0.12%Added+153,08317 Feb 2026 (the filing on sec.gov)
Holocene Advisors LP1,165,774$226m0.48%Newnew17 Feb 2026 (the filing on sec.gov)
Starboard Value LP929,917$180m3.42%Trimmed-278,08117 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP839,854$163m0.10%Added+469,84613 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC512,781$100munder 0.1%Added+154,22017 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd421,239$82munder 0.1%Added+7,65917 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP335,414$65m0.47%Newnew17 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP307,700$60munder 0.1%Trimmed-505,99017 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC283,606$55m0.07%Newnew17 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC262,463$51munder 0.1%Trimmed-10,08327 Oct 2026 (the filing on sec.gov)
Woodline Partners LP260,446$51m0.20%Added+145,49417 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP73,787$14munder 0.1%Trimmed-47,30017 Feb 2026 (the filing on sec.gov)
Steadfast Capital Management LP62,600$12m0.21%Newnew17 Feb 2026 (the filing on sec.gov)
Millennium Management LLC45,103$8.8munder 0.1%Trimmed-28,47617 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP36,559$7.1munder 0.1%Added+1,56617 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.23,916$4.6munder 0.1%Trimmed-140,11717 Feb 2026 (the filing on sec.gov)
Man Group PLC14,416$2.8munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q3 2025 to Q4 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.
26 in Q3 2024 to 11 in Q2 2026

Tracked managers listing it, at least.

0102030402014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
BDX by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201314$1.3bnn.a.n.a.
Q3 201317$1.6bnn.a.n.a.
Q4 201316$2.0bnn.a.n.a.
Q1 201417$2.3bnn.a.n.a.
Q2 201419$2.2bnn.a.n.a.
Q3 201420$2.1bnn.a.n.a.
Q4 201421$3.9bnn.a.n.a.
Q1 201522$4.3bnn.a.n.a.
Q2 201520$4.8bnn.a.n.a.
Q3 201520$5.3bnn.a.n.a.
Q4 201517$6.0bnn.a.n.a.
Q1 201618$5.6bnn.a.n.a.
Q2 201620$5.5bnn.a.n.a.
Q3 201617$5.6bnn.a.n.a.
Q4 201621$4.8bnn.a.n.a.
Q1 201722$5.0bnn.a.n.a.
Q2 201721$8.7bnn.a.n.a.
Q3 201718$9.7bnn.a.n.a.
Q4 201726$11.8bnn.a.n.a.
Q1 201818$12.5bnn.a.n.a.
Q2 201815$18.0bnn.a.n.a.
Q3 201817$14.4bnn.a.n.a.
Q4 201817$12.3bnn.a.n.a.
Q1 201911$14.0bnn.a.n.a.
Q2 201914$13.6bnn.a.n.a.
Q3 201919$13.0bnn.a.n.a.
Q4 201921$14.1bnn.a.n.a.
Q1 202018$10.8bnn.a.n.a.
Q2 202021$12.6bnn.a.n.a.
Q3 202025$11.3bnn.a.n.a.
Q4 202028$10.4bnn.a.n.a.
Q1 202126$9.4bnn.a.n.a.
Q2 202119$9.0bnn.a.n.a.
Q3 202118$10.3bnn.a.n.a.
Q4 202118$11.1bnn.a.n.a.
Q1 202221$10.5bnn.a.n.a.
Q2 202221$13.5bnn.a.n.a.
Q3 202223$11.0bnn.a.n.a.
Q4 202227$12.5bnn.a.n.a.
Q1 202328$11.1bnn.a.n.a.
Q2 202326$11.7bnn.a.n.a.
Q3 202323$10.3bnn.a.n.a.
Q4 202327$8.7bn179
Q1 202425$8.4bn1213
Q2 202431$8.1bn209
Q3 202426$8.6bn1313
Q4 202426$8.4bn1113
Q1 202522$8.6bn1211
Q2 202524$7.3bn1610
Q3 202513$7.3bn911
Q4 202517$8.6bn2014
Q1 202615$8.5bn1717
Q2 202611$8.4bn1619

Compare with…

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

BDX and LLY →BDX and JNJ →BDX and VRTX →Choose a stock to compare with BDX →

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 BDX, latest filings →Back to the 13F Explorer →