Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in BDC held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 4.9M | $564.7M | +0.4% | 12.632% | 0.01% |
| 2 | FMR LLC | 3.9M | $450.6M | -14.4% | 10.079% | 0.02% |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 2.7M | $310.3M | — | 6.941% | 0.02% |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 1.7M | $200.1M | — | 4.475% | 0.01% |
| 5 | WELLINGTON MANAGEMENT GROUP LLP | 1.6M | $182.4M | -5.8% | 4.080% | 0.03% |
| 6 | STATE STREET CORP | 1.5M | $170.2M | +0.7% | 3.806% | 0.01% |
| 7 | FULLER & THALER ASSET MANAGEMENT, INC. | 1.1M | $120.6M | +5.0% | 2.698% | 0.41% |
| 8 | DIMENSIONAL FUND ADVISORS LP | 1.0M | $118.6M | -1.8% | 2.653% | 0.02% |
| 9 | GEODE CAPITAL MANAGEMENT, LLC | 1.0M | $115.8M | +0.1% | 2.591% | 0.01% |
| 10 | Allspring Global Investments Holdings, LLC | 785K | $91.5M | -11.3% | 2.016% | 0.15% |
| 11 | Invesco Ltd. | 742K | $85.2M | -19.8% | 1.905% | 0.01% |
| 12 | Channing Capital Management, LLC | 710K | $81.6M | — | 1.825% | 2.09% |
| 13 | NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 557K | $64.0M | +1.4% | 1.432% | 0.11% |
| 14 | NORTHERN TRUST CORP | 506K | $58.1M | +0.7% | 1.300% | 0.01% |
| 15 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 496K | $56.9M | -0.0% | 1.273% | 0.01% |
| 16 | Bank of New York Mellon Corp | 494K | $56.7M | -6.9% | 1.268% | 0.01% |
| 17 | VICTORY CAPITAL MANAGEMENT INC | 478K | $54.9M | -7.2% | 1.228% | 0.04% |
| 18 | FRONTIER CAPITAL MANAGEMENT CO LLC | 455K | $52.3M | -1.5% | 1.169% | 0.54% |
| 19 | Fisher Asset Management, LLC | 396K | $45.5M | +7.0% | 1.017% | 0.02% |
| 20 | SEGALL BRYANT & HAMILL, LLC | 341K | $42.1M | -3.5% | 0.877% | 0.68% |
| 21 | SILVERCREST ASSET MANAGEMENT GROUP LLC | 350K | $40.2M | -14.8% | 0.900% | 0.29% |
| 22 | Newport Trust Co | 341K | $39.2M | -0.0% | 0.876% | 0.10% |
| 23 | MORGAN STANLEY | 297K | $34.1M | +2.4% | 0.764% | 0.00% |
| 24 | Boston Partners | 285K | $32.7M | +28.5% | 0.731% | 0.03% |
| 25 | VANGUARD FIDUCIARY TRUST CO | 274K | $31.5M | — | 0.704% | 0.01% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in BDC — a direct measure of their conviction.
Filings activity in BDC during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 370 | +5.7% | 88.90% | 8.37 pp | $3.98B | 8.6% |
| Q4 2025 | 350 | +7.4% | 97.27% | +0.61 pp | $4.36B | +0.6% |
| Q3 2025 | 326 | 3.0% | 96.66% | 0.28 pp | $4.33B | 0.3% |
| Q2 2025 | 336 | +1.2% | 96.94% | +13.72 pp | $4.34B | +16% |
| Q1 2025 | 332 | 0.6% | 83.22% | 13.43 pp | $3.73B | 14% |
| Q4 2024 | 334 | +11% | 96.65% | 2.52 pp | $4.33B | 2.5% |
| Q3 2024 | 301 | +5.6% | 99.17% | 7.83 pp | $4.44B | 7.3% |
| Q2 2024 | 285 | — | 107.00% | — | $4.79B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying BDC stock.
Based on Q1 2026 13F filings, institutional ownership of Belden Inc. stands at 88.9%, held across 370 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of BDC, with approximately 4,917,873 shares worth $0.56B as of Q1 2026.
Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of BDC, including Fisher Asset Management, LLC.
Our composite Smart Money Score for BDC is 42 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
68 institutions opened new positions in BDC during Q1 2026, while 48 fully exited. 123 added to existing positions and 176 trimmed.
BDC institutional ownership fell by 8.37 percentage points quarter-over-quarter, with a net change of +20 holders.
The top 10 institutions account for 58.4% of all reported 13F value in BDC, and the top 25 account for 77.9%.
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.
Belden Inc. (BDC) Institutional Ownership