Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in BCE held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | ROYAL BANK OF CANADA | 79.2M | $2.00B | +2.9% | 8.490% | 0.35% |
| 2 | BANK OF MONTREAL /CAN/ | 39.8M | $1.00B | +4.2% | 4.270% | 0.38% |
| 3 | FIL Ltd | 37.4M | $944.0M | -0.4% | 4.012% | 0.73% |
| 4 | CAISSE DE DEPOT ET PLACEMENT DU QUEBEC | 34.1M | $857.8M | 0.0% | 3.658% | 1.37% |
| 5 | CIBC World Markets Inc. | 25.8M | $652.0M | -7.4% | 2.771% | 1.06% |
| 6 | NATIONAL BANK OF CANADA /FI/ | 21.3M | $535.4M | -1.4% | 2.279% | 0.55% |
| 7 | BANK OF NOVA SCOTIA | 17.3M | $436.3M | +0.9% | 1.855% | 0.76% |
| 8 | Federation des caisses Desjardins du Quebec | 16.6M | $417.1M | +90.0% | 1.782% | 1.50% |
| 9 | TORONTO DOMINION BANK | 9.0M | $227.7M | -32.5% | 0.967% | 0.33% |
| 10 | VANGUARD CAPITAL MANAGEMENT LLC | 8.9M | $223.8M | β | 0.951% | 0.01% |
| 11 | TWO SIGMA INVESTMENTS, LP | 8.4M | $212.3M | +41.4% | 0.902% | 0.17% |
| 12 | SIG North Trading, ULC | 8.3M | $210.6M | -24.9% | 0.895% | 5.90% |
| 13 | LETKO, BROSSEAU & ASSOCIATES INC | 7.6M | $190.3M | +3.1% | 0.811% | 3.07% |
| 14 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 7.5M | $188.4M | -47.2% | 0.801% | 0.10% |
| 15 | TD ASSET MANAGEMENT INC | 7.0M | $177.3M | +10.5% | 0.756% | 0.14% |
| 16 | CANADA PENSION PLAN INVESTMENT BOARD | 6.8M | $170.4M | -7.6% | 0.724% | 0.11% |
| 17 | Vanguard Global Advisers, LLC | 6.5M | $164.2M | β | 0.698% | 0.09% |
| 18 | D. E. Shaw & Co., Inc. | 6.5M | $163.5M | β | 0.695% | 0.15% |
| 19 | MORGAN STANLEY | 6.0M | $152.0M | +7.3% | 0.646% | 0.01% |
| 20 | Cullen Capital Management, LLC | 6.0M | $150.6M | +4.8% | 0.640% | 1.54% |
| 21 | MANUFACTURERS LIFE INSURANCE COMPANY, THE | 5.0M | $127.0M | +21.7% | 0.540% | 0.11% |
| 22 | BANK OF AMERICA CORP /DE/ | 4.8M | $122.1M | +6.2% | 0.519% | 0.01% |
| 23 | MACKENZIE FINANCIAL CORP | 3.9M | $98.0M | +72.3% | 0.417% | 0.12% |
| 24 | SCOTIA CAPITAL INC. | 3.8M | $94.8M | -2.5% | 0.404% | 0.39% |
| 25 | INTACT INVESTMENT MANAGEMENT INC. | 3.6M | $90.5M | -6.8% | 0.385% | 2.58% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in BCE β a direct measure of their conviction.
Filings activity in BCE during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new BCE position in Q1 2026
Institutions that fully closed their BCE position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 396 | +0.5% | 50.48% | +1.86 pp | $11.58B | +3.8% |
| Q4 2025 | 394 | +1.8% | 48.62% | +2.99 pp | $11.15B | +6.6% |
| Q3 2025 | 387 | +2.9% | 45.63% | 4.39 pp | $10.46B | 8.8% |
| Q2 2025 | 376 | 0.8% | 50.02% | +6.19 pp | $11.47B | +14% |
| Q1 2025 | 379 | 7.3% | 43.83% | +4.97 pp | $10.05B | +13% |
| Q4 2024 | 409 | 14% | 38.86% | 15.58 pp | $8.91B | 29% |
| Q3 2024 | 474 | 2.3% | 54.44% | 145.55 pp | $12.48B | 90% |
| Q2 2024 | 485 | β | 199.99% | β | $129.73B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying BCE stock.
Based on Q1 2026 13F filings, institutional ownership of BCE Inc. stands at 50.5%, held across 396 reporting institutions.
ROYAL BANK OF CANADA is the largest reported institutional holder of BCE, with approximately 79,172,680 shares worth $2.00B as of Q1 2026.
Yes β 1 widely-followed marquee investor appear among the top 25 institutional holders of BCE, including TWO SIGMA INVESTMENTS, LP.
Our composite Smart Money Score for BCE is 59 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
61 institutions opened new positions in BCE during Q1 2026, while 59 fully exited. 246 added to existing positions and 84 trimmed.
BCE institutional ownership rose by 1.86 percentage points quarter-over-quarter, with a net change of +2 holders.
The top 10 institutions account for 63.0% of all reported 13F value in BCE, and the top 25 account for 83.0%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
BCE Inc. (BCE) Institutional Ownership