Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in BLDP held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | TWO SIGMA INVESTMENTS, LP | 12.3M | $29.9M | +82.3% | 4.102% | 0.02% |
| 2 | MORGAN STANLEY | 12.1M | $29.2M | -5.5% | 4.017% | 0.00% |
| 3 | D. E. Shaw & Co., Inc. | 8.3M | $20.0M | +67.2% | 2.753% | 0.02% |
| 4 | Legal & General Group Plc | 6.4M | $15.4M | -0.6% | 2.125% | 0.00% |
| 5 | UBS Group AG | 5.8M | $14.1M | +107.0% | 1.943% | 0.00% |
| 6 | STATE STREET CORP | 5.0M | $12.0M | +0.9% | 1.650% | 0.00% |
| 7 | Invesco Ltd. | 3.9M | $9.5M | -20.7% | 1.309% | 0.00% |
| 8 | BNP PARIBAS ARBITRAGE, SA | 3.8M | $9.1M | -5.4% | 1.256% | 0.00% |
| 9 | CITADEL ADVISORS LLC | 2.9M | $7.1M | -23.4% | 0.969% | 0.00% |
| 10 | MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 2.8M | $6.7M | +0.7% | 0.925% | 0.01% |
| 11 | Qube Research & Technologies Ltd | 2.1M | $5.1M | +107.2% | 0.701% | 0.01% |
| 12 | MILLENNIUM MANAGEMENT LLC | 2.0M | $4.8M | -18.0% | 0.658% | 0.00% |
| 13 | DIMENSIONAL FUND ADVISORS LP | 1.8M | $4.4M | +18.3% | 0.609% | 0.00% |
| 14 | Zurcher Kantonalbank (Zurich Cantonalbank) | 1.2M | $2.8M | -3.3% | 0.386% | 0.01% |
| 15 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 892K | $2.2M | -19.3% | 0.296% | 0.00% |
| 16 | STOREBRAND ASSET MANAGEMENT AS | 684K | $1.7M | β | 0.227% | 0.00% |
| 17 | FIRST TRUST ADVISORS LP | 659K | $1.6M | -7.8% | 0.219% | 0.00% |
| 18 | ROYAL BANK OF CANADA | 637K | $1.5M | +94.0% | 0.212% | 0.00% |
| 19 | Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 631K | $1.5M | +4.1% | 0.210% | 0.00% |
| 20 | Point72 Asset Management, L.P. | 599K | $1.5M | β | 0.199% | 0.00% |
| 21 | BANK OF AMERICA CORP /DE/ | 576K | $1.4M | +72.5% | 0.191% | 0.00% |
| 22 | RENAISSANCE TECHNOLOGIES LLC | 563K | $1.4M | β | 0.187% | 0.00% |
| 23 | Swiss National Bank | 506K | $1.2M | 0.0% | 0.168% | 0.00% |
| 24 | TD ASSET MANAGEMENT INC | 398K | $956K | +14.0% | 0.132% | 0.00% |
| 25 | ALPS ADVISORS INC | 384K | $929K | +7.3% | 0.128% | 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 BLDP β a direct measure of their conviction.
Filings activity in BLDP during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new BLDP position in Q1 2026
Institutions that fully closed their BLDP 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 | 144 | +9.1% | 15.76% | 0.89 pp | $200M | 5.4% |
| Q4 2025 | 132 | 2.9% | 16.65% | +1.72 pp | $211M | +11% |
| Q3 2025 | 136 | +4.6% | 14.93% | +6.32 pp | $190M | +73% |
| Q2 2025 | 130 | 9.1% | 8.61% | +4.17 pp | $109M | +94% |
| Q1 2025 | 143 | 4.7% | 4.44% | 2.62 pp | $56M | 37% |
| Q4 2024 | 150 | +4.9% | 7.06% | 0.19 pp | $90M | 2.6% |
| Q3 2024 | 143 | 16% | 7.25% | 192.74 pp | $92M | 97% |
| Q2 2024 | 171 | β | 199.99% | β | $2.85B | 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 BLDP stock.
Based on Q1 2026 13F filings, institutional ownership of Ballard Power Systems Inc. stands at 15.8%, held across 144 reporting institutions.
TWO SIGMA INVESTMENTS, LP is the largest reported institutional holder of BLDP, with approximately 12,343,152 shares worth $0.03B as of Q1 2026.
Yes β 6 widely-followed marquee investors appear among the top 25 institutional holders of BLDP, including TWO SIGMA INVESTMENTS, LP, CITADEL ADVISORS LLC, MILLENNIUM MANAGEMENT LLC, SUSQUEHANNA INTERNATIONAL GROUP, LLP, Point72 Asset Management, L.P..
Our composite Smart Money Score for BLDP is 65 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
32 institutions opened new positions in BLDP during Q1 2026, while 20 fully exited. 35 added to existing positions and 76 trimmed.
BLDP institutional ownership fell by 0.89 percentage points quarter-over-quarter, with a net change of +12 holders.
The top 10 institutions account for 76.5% of all reported 13F value in BLDP, and the top 25 account for 93.0%.
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.
Ballard Power Systems Inc. (BLDP) Institutional Ownership