Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in BILL held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | ER Collective Holdings, LLC | 8.5M | $326.3M | 0.0% | 8.553% | 100.00% |
| 2 | BlackRock, Inc. | 8.4M | $320.1M | +4.0% | 8.391% | 0.01% |
| 3 | Starboard Value LP | 7.0M | $269.1M | 0.0% | 7.053% | 5.89% |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 5.7M | $217.7M | β | 5.708% | 0.01% |
| 5 | Senvest Management, LLC | 4.0M | $154.6M | +56.9% | 4.053% | 5.13% |
| 6 | VANGUARD CAPITAL MANAGEMENT LLC | 3.9M | $150.2M | β | 3.937% | 0.00% |
| 7 | WELLINGTON MANAGEMENT GROUP LLP | 3.9M | $147.9M | +33.8% | 3.878% | 0.03% |
| 8 | Contour Asset Management LLC | 3.3M | $128.0M | -29.1% | 3.355% | 4.16% |
| 9 | UBS Group AG | 3.3M | $127.2M | -25.0% | 3.335% | 0.02% |
| 10 | Greenhouse Funds LLLP | 3.2M | $122.2M | -7.1% | 3.204% | 6.01% |
| 11 | STATE STREET CORP | 3.1M | $118.6M | +1.8% | 3.109% | 0.00% |
| 12 | DIMENSIONAL FUND ADVISORS LP | 3.1M | $118.4M | +4.3% | 3.103% | 0.02% |
| 13 | AMERIPRISE FINANCIAL INC | 2.8M | $108.6M | -11.6% | 2.846% | 0.03% |
| 14 | MILLENNIUM MANAGEMENT LLC | 2.6M | $99.0M | β | 2.594% | 0.07% |
| 15 | Point72 Asset Management, L.P. | 2.2M | $85.2M | -48.3% | 2.234% | 0.12% |
| 16 | NOMURA HOLDINGS INC | 2.1M | $82.3M | +4343.7% | 2.158% | 0.27% |
| 17 | CITADEL ADVISORS LLC | 2.0M | $76.7M | -32.1% | 2.012% | 0.04% |
| 18 | FULLER & THALER ASSET MANAGEMENT, INC. | 2.0M | $76.5M | β | 2.004% | 0.26% |
| 19 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 1.7M | $65.9M | +34.6% | 1.728% | 0.01% |
| 20 | PARNASSUS INVESTMENTS /CA | 1.7M | $63.7M | +13.6% | 1.669% | 0.19% |
| 21 | GEODE CAPITAL MANAGEMENT, LLC | 1.6M | $61.3M | +3.2% | 1.606% | 0.00% |
| 22 | ROYAL BANK OF CANADA | 1.6M | $60.6M | -6.1% | 1.589% | 0.01% |
| 23 | BANK OF AMERICA CORP /DE/ | 1.2M | $44.4M | -44.2% | 1.164% | 0.00% |
| 24 | Invenomic Capital Management LP | 1.0M | $39.6M | +45.8% | 1.038% | 1.83% |
| 25 | FMR LLC | 928K | $35.5M | -12.1% | 0.932% | 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 BILL β a direct measure of their conviction.
Filings activity in BILL during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new BILL position in Q1 2026
Institutions that fully closed their BILL 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 | 326 | 8.2% | 120.55% | 62.00 pp | $3.98B | 34% |
| Q4 2025 | 355 | +3.5% | 182.55% | +14.76 pp | $6.03B | +8.8% |
| Q3 2025 | 343 | 5.2% | 167.79% | +45.82 pp | $5.54B | +38% |
| Q2 2025 | 362 | 4.5% | 121.97% | +2.96 pp | $4.03B | +2.5% |
| Q1 2025 | 379 | 5.5% | 119.01% | 80.98 pp | $3.93B | 43% |
| Q4 2024 | 401 | +22% | 199.99% | +76.90 pp | $6.88B | +69% |
| Q3 2024 | 330 | +0.0% | 123.09% | 26.35 pp | $4.07B | 18% |
| Q2 2024 | 330 | β | 149.44% | β | $4.94B | 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 BILL stock.
Based on Q1 2026 13F filings, institutional ownership of Bill.com Holdings, Inc. stands at 120.5%, held across 326 reporting institutions.
ER Collective Holdings, LLC is the largest reported institutional holder of BILL, with approximately 8,518,300 shares worth $0.33B as of Q1 2026.
Yes β 4 widely-followed marquee investors appear among the top 25 institutional holders of BILL, including MILLENNIUM MANAGEMENT LLC, Point72 Asset Management, L.P., CITADEL ADVISORS LLC, SUSQUEHANNA INTERNATIONAL GROUP, LLP.
Our composite Smart Money Score for BILL is 40 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
64 institutions opened new positions in BILL during Q1 2026, while 93 fully exited. 57 added to existing positions and 203 trimmed.
BILL institutional ownership fell by 62.00 percentage points quarter-over-quarter, with a net change of -29 holders.
The top 10 institutions account for 49.3% of all reported 13F value in BILL, and the top 25 account for 77.8%.
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.