BAM
Brookfield Asset Management Ltd. · Financial Services · Asset Management
Momentum inputs (comparable managers):
holder breadth -5.3% ·
share flow +0.9% ·
net new positions -11.1%
— formula
Concentrated accumulation — rising shares among fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 126 | +2 | 1.40B | $63.15B | +9 | −8 |
| Q1 2026 | 128 | -1 | 1.40B | $62.32B | +7 | −9 |
| Q4 2025 | 128 | +3 | 1.42B | $74.28B | +4 | — |
| Q3 2025 | 18 | -1 | 76.06M | $4.33B | +2 | −4 |
| Q2 2025 | 17 | -1 | 72.34M | $4.00B | +1 | −2 |
| Q1 2025 | 15 | +3 | 38.99M | $1.89B | +4 | −1 |
| Q4 2024 | 12 | +2 | 35.88M | $1.95B | +2 | — |
| Q3 2024 | 9 | -2 | 35.89M | $1.70B | — | −2 |
| Q2 2024 | 11 | — | 35.27M | $1.34B | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Fidelity (FMR) ✦ | 17.75M | +1.6% | $1.01B | 0.1% | ▲ Add | 2 | SEC ↗ ×6 |
| 2 | The Vanguard Group ✦ (passive) | 17.43M | +1.5% | $991.68M | 0.0% | ▲ Add | 2 | SEC ↗ ×5 |
| 3 | Capital World Investors ✦ | 15.45M | -5.6% | $879.53M | 0.1% | ▼ Trim | 6 | SEC ↗ |
| 4 | BlackRock ✦ (passive) | 5.41M | +2.0% | $308.05M | 0.0% | ▲ Add | 2 | SEC ↗ ×11 |
| 5 | Geode Capital Management ✦ (passive) | 4.29M | +14.4% | $248.02M | 0.0% | ▲ Add | 6 | SEC ↗ ×2 |
| 6 | State Street Global Advisors ✦ (passive) | 3.63M | +3.0% | $206.67M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 7 | Morgan Stanley ✦ | 3.56M | — | $202.99M | 0.0% | n/c | 1 | SEC ↗ ×12 |
| 8 | JPMorgan Chase ✦ | 3.21M | — | $182.88M | 0.0% | n/c | 1 | SEC ↗ ×20 |
| 9 | Markel Group ✦ | 2.19M | 0.0% | $124.92M | 1.0% | Held | 6 | SEC ↗ ×2 |
| 10 | Goldman Sachs Group ✦ | 1.59M | — | $90.73M | 0.0% | n/c | 1 | SEC ↗ ×4 |
| 11 | Millennium Management ✦ | 894.99K | New | $50.96M | 0.0% | New | 1 | SEC ↗ |
| 12 | Wellington Management ✦ | 289.99K | +0.9% | $16.51M | 0.0% | ▲ Add | 6 | SEC ↗ ×2 |
| 13 | T. Rowe Price ✦ | 179.73K | +12.9% | $10.23M | 0.0% | ▲ Add | 6 | SEC ↗ ×2 |
| 14 | Citadel Advisors ✦ | 121.25K | +181.4% | $6.90M | 0.0% | ▲ Add | 6 | SEC ↗ |
| 15 | Marshall Wace ✦ | 22.21K | -58.5% | $1.26M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 16 | Gotham Asset Management ✦ | 15.79K | New | $898,969 | 0.0% | New | 1 | SEC ↗ |
| 17 | AQR Capital Management ✦ | 8.80K | +133.7% | $501,185 | 0.0% | ▲ Add | 3 | SEC ↗ ×4 |
| 18 | Fisher Asset Management ✦ | 3.62K | -32.5% | $206,179 | 0.0% | ▼ Trim | 2 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Millennium Management | $50.96M | 0.0% |
| Gotham Asset Management | $898,969 | 0.0% |
Exited
| Norges Bank | $294.73M | was 0.0% |
| D. E. Shaw & Co. | $16.98M | was 0.0% |
| Renaissance Technologies | $15.70M | was 0.0% |
| Bridgewater Associates | $4.54M | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 617 holders, 1.48B shares, $65.39B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.