L3VLUP
Quarter end
31 Mar 2025
the date the book describes
Filed
15 May 2025
latest of these filings; the earliest 14 May 2025
Managers listing it
5
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q4 2024 and Q1 2025; 4 listed it in both
Shares listed
42,843,539
combined, among listed positions
Reported value
$277m
combined, at the quarter end

Among the 95 comparable managers: 2 buyers (opened or added shares) and 2 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 BHC 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.

5 of 5 holders

ActionFiling
Carl C. Icahn34,721,118$225m3.00%Held015 May 2025 (the filing on sec.gov)
Hudson Bay Capital Management LP5,000,000$32m0.10%Newnew14 May 2025 (the filing on sec.gov)
Oaktree Capital Management LP1,270,000$8.2m0.16%Held015 May 2025 (the filing on sec.gov)
GAMCO Investors Inc1,043,441$6.8m0.07%Trimmed-31,70014 May 2025 (the filing on sec.gov)
Bridgewater Associates LP808,980$5.2munder 0.1%Added+307,06814 May 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.
6 in Q3 2024 to 4 in Q2 2026

Tracked managers listing it, at least.

05101520192020202120222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
BHC by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20182$29mn.a.n.a.
Q3 201812$1.0bnn.a.n.a.
Q4 201814$718mn.a.n.a.
Q1 201913$1.1bnn.a.n.a.
Q2 201914$1.2bnn.a.n.a.
Q3 201910$982mn.a.n.a.
Q4 201910$1.5bnn.a.n.a.
Q1 202011$806mn.a.n.a.
Q2 20209$840mn.a.n.a.
Q3 202010$664mn.a.n.a.
Q4 202011$1.0bnn.a.n.a.
Q1 202112$2.3bnn.a.n.a.
Q2 202114$2.2bnn.a.n.a.
Q3 202110$2.0bnn.a.n.a.
Q4 20219$1.8bnn.a.n.a.
Q1 202213$1.5bnn.a.n.a.
Q2 20228$539mn.a.n.a.
Q3 202210$350mn.a.n.a.
Q4 20229$325mn.a.n.a.
Q1 20235$387mn.a.n.a.
Q2 20236$409mn.a.n.a.
Q3 20239$429mn.a.n.a.
Q4 20236$403m13
Q1 20249$594m33
Q2 20248$380m34
Q3 20246$331m14
Q4 20246$341m31
Q1 20255$277m22
Q2 20255$285m02
Q3 20254$47m12
Q4 20256$68m254
Q1 20265$61m819
Q2 20264$55m1211

Compare with…

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

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

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