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BILL in the 13F filings

Bill.com Holdings Inc · CUSIP 090043100

Sector · Software and IT servicesTheme · Cloud and enterprise software· L3VLUP-definedTheme · Prepackaged software
Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
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
31
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 8 listed it in both
Shares listed
30,536,729
combined, among listed positions
Reported value
$1.7bn
combined, at the quarter end

Among the 92 comparable managers: 17 buyers (opened or added shares) and 15 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +1,091,973.

Managers listing BILL 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.

31 of 31 holders

ActionFiling
Starboard Value LP7,024,848$383m7.26%Held017 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP4,153,129$227m0.25%Added+2,367,63117 Feb 2026 (the filing on sec.gov)
Elliott Investment Management LP3,000,000$164m0.72%Held018 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP2,958,096$161m0.15%Added+791,19713 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc2,930,803$160munder 0.1%Trimmed-166,77717 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP2,886,596$157munder 0.1%Trimmed-544,50617 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC1,712,865$93munder 0.1%Trimmed-797,40417 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)1,056,084$58munder 0.1%Added+17,87117 Feb 2026 (the filing on sec.gov)
Light Street Capital Management LLC878,000$48m7.37%Trimmed-84,50017 Feb 2026 (the filing on sec.gov)
Millennium Management LLC869,715$47munder 0.1%Added+202,90817 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC509,207$28munder 0.1%Trimmed-992,14717 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC397,504$22munder 0.1%Added+263,15512 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC285,017$16m0.06%Added+173,51313 Feb 2026 (the filing on sec.gov)
Invesco Ltd269,396$15munder 0.1%Trimmed-19,04319 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP257,704$14munder 0.1%Added+31,92817 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP244,889$13m0.10%Added+239,74217 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP192,586$11munder 0.1%Trimmed-174,79317 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP144,133$7.9munder 0.1%Added+14,60417 Feb 2026 (the filing on sec.gov)
Hudson Bay Capital Management LP122,500$6.7munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP116,187$6.3munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC97,439$5.3munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Winton Group Ltd91,094$5.0m0.17%Trimmed-46,68011 Feb 2026 (the filing on sec.gov)
MFS Investment Management81,181$4.4munder 0.1%Trimmed-2,68622 Jan 2026 (the filing on sec.gov)
Bridgewater Associates LP54,941$3.0munder 0.1%Added+49,40313 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC54,471$3.0munder 0.1%Newnew13 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.

New (5)

Exited (3)

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.
15 in Q3 2024 to 6 in Q2 2026

Tracked managers listing it, at least.

01020302020202120222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
BILL by quarter
QuarterHoldersReported valueBuyersSellers
Q4 20197$55mn.a.n.a.
Q1 20203$59mn.a.n.a.
Q2 202012$565mn.a.n.a.
Q3 202012$2.0bnn.a.n.a.
Q4 202016$2.5bnn.a.n.a.
Q1 202115$2.6bnn.a.n.a.
Q2 202115$3.1bnn.a.n.a.
Q3 202121$5.2bnn.a.n.a.
Q4 202120$4.8bnn.a.n.a.
Q1 202219$4.7bnn.a.n.a.
Q2 202214$2.1bnn.a.n.a.
Q3 202218$2.4bnn.a.n.a.
Q4 202213$1.9bnn.a.n.a.
Q1 202310$1.4bnn.a.n.a.
Q2 202313$2.7bnn.a.n.a.
Q3 202310$2.5bnn.a.n.a.
Q4 20238$1.6bn54
Q1 202414$1.6bn115
Q2 202413$868m113
Q3 202415$900m105
Q4 202416$1.9bn115
Q1 202513$821m85
Q2 202512$804m75
Q3 202510$1.1bn83
Q4 202511$1.2bn1715
Q1 20269$575m1913
Q2 20266$403m1321

Compare with…

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

BILL and GOOGL →BILL and AMZN →BILL and MSFT →Choose a stock to compare with BILL →

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