54% buyers of institutions opening or closing positions this quarter
4 more new buyers than exits, ownership rose 0.98 percentage points vs the prior quarter, and 2 well-known fund managers in the top 25.
54% buyers of institutions opening or closing positions this quarter
37.3% institutional ownership
DENALI ADVISORS LLC portfolio allocation
Institutional ownership vs REIT - Retail peers
No Form 4 insider transactions on file
Latest positioning in BFS across 13F flow, ownership shift, marquee holders, and holder-count growth.
Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in BFS held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 2.1M | $68.8M | -1.8% | 8.613% | 0.00% |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 1.3M | $42.9M | β | 5.366% | 0.00% |
| 3 | ADAGE CAPITAL PARTNERS GP, L.L.C. | 735K | $23.9M | -0.7% | 2.996% | 0.04% |
| 4 | PRINCIPAL FINANCIAL GROUP INC | 599K | $19.5M | -1.2% | 2.443% | 0.01% |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 583K | $19.0M | β | 2.378% | 0.00% |
| 6 | STATE STREET CORP | 519K | $16.9M | +5.4% | 2.118% | 0.00% |
| 7 | GEODE CAPITAL MANAGEMENT, LLC | 336K | $10.9M | +2.8% | 1.368% | 0.00% |
| 8 | MORGAN STANLEY | 263K | $8.6M | +18.4% | 1.071% | 0.00% |
| 9 | AMERIPRISE FINANCIAL INC | 211K | $6.9M | -15.5% | 0.861% | 0.00% |
| 10 | Man Group plc | 209K | $6.8M | +59.7% | 0.851% | 0.01% |
| 11 | DIMENSIONAL FUND ADVISORS LP | 202K | $6.6M | +0.7% | 0.825% | 0.00% |
| 12 | RENAISSANCE TECHNOLOGIES LLC | 186K | $6.1M | -17.4% | 0.760% | 0.01% |
| 13 | Invesco Ltd. | 161K | $5.3M | -2.8% | 0.658% | 0.00% |
| 14 | NORTHERN TRUST CORP | 149K | $4.9M | +7.8% | 0.608% | 0.00% |
| 15 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 134K | $4.4M | +13.4% | 0.548% | 0.00% |
| 16 | Bank of New York Mellon Corp | 116K | $3.8M | -3.0% | 0.474% | 0.00% |
| 17 | CARY STREET PARTNERS FINANCIAL LLC | 92K | $3.0M | -0.1% | 0.376% | 0.07% |
| 18 | VANGUARD FIDUCIARY TRUST CO | 87K | $2.8M | β | 0.354% | 0.00% |
| 19 | GOLDMAN SACHS GROUP INC | 80K | $2.6M | -9.9% | 0.325% | 0.00% |
| 20 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 80K | $2.6M | +6.9% | 0.324% | 0.00% |
| 21 | DENALI ADVISORS LLC | 72K | $2.3M | +47.7% | 0.291% | 0.26% |
| 22 | MILLENNIUM MANAGEMENT LLC | 70K | $2.3M | -41.8% | 0.286% | 0.00% |
| 23 | TWO SIGMA INVESTMENTS, LP | 57K | $1.9M | +106.1% | 0.232% | 0.00% |
| 24 | BROWN ADVISORY INC | 53K | $1.7M | -1.9% | 0.216% | 0.00% |
| 25 | WELLS FARGO & COMPANY/MN | 51K | $1.7M | -16.0% | 0.206% | 0.00% |
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 BFS β a direct measure of their conviction.
Filings activity in BFS during Q1 2026, grouped by how each filer changed its position.
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 | 180 | +2.3% | 37.27% | +0.98 pp | $318M | +2.7% |
| Q4 2025 | 176 | +14% | 36.29% | 4.10 pp | $309M | 10% |
| Q3 2025 | 154 | 8.9% | 40.39% | +2.42 pp | $344M | +6.4% |
| Q2 2025 | 169 | +0.0% | 37.97% | 1.94 pp | $323M | 4.9% |
| Q1 2025 | 169 | +5.0% | 39.91% | 160.08 pp | $340M | 99% |
| Q4 2024 | 161 | 2.4% | 199.99% | +154.49 pp | $23.59B | +5987% |
| Q3 2024 | 165 | +2.5% | 45.50% | +5.73 pp | $388M | +14% |
| Q2 2024 | 161 | β | 39.77% | β | $339M | 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.
No recent Form 4 insider transactions on file for BFS.
Quick answers to the most common questions about buying BFS stock.
Based on Q1 2026 13F filings, institutional ownership of Saul Centers, Inc. stands at 37.3%, held across 180 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of BFS, with approximately 2,112,677 shares worth $0.07B as of Q1 2026.
Yes β 2 widely-followed marquee investors appear among the top 25 institutional holders of BFS, including RENAISSANCE TECHNOLOGIES LLC, TWO SIGMA INVESTMENTS, LP.
Our composite Smart Money Score for BFS is 60 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
30 institutions opened new positions in BFS during Q1 2026, while 26 fully exited. 115 added to existing positions and 33 trimmed.
BFS institutional ownership rose by 0.98 percentage points quarter-over-quarter, with a net change of β holders.
The top 10 institutions account for 70.6% of all reported 13F value in BFS, and the top 25 account for 87.0%.
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.