undamentalytics Newsletter

BCE Inc: which funds bought and sold

Institutions that bought and sold BCE shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 172 institutions that filed 13F reports for both quarters added to or opened positions in BCE, and 182 cut or closed them. Together they added a net 18.3M shares, +4.3% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 2.8M shares (−3.4%); index fund managers were net buyers of 3.1M shares (+17.2%). 39 opened a new position and 51 sold out entirely.

Bought, Q2 2026 172 institutions, 39 of them new holders Sold, Q2 2026 182 institutions, 51 of them sold out
Net change, all compared +18.3M shares (+4.3%)
Net change, active managers −2.8M shares (−3.4%), 18 bought, 25 sold

Buyers versus sellers

institutions compared, 432
Active managers and hedge funds 18 bought · 25 sold · −2.8M
Index fund managers 7 bought · 2 sold · +3.1M
Other institutions 147 bought · 155 sold · +18.0M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Viking Global Investors LP Hedge fund +8.4M New position 8.4M $181M
Morgan Stanley +5.3M +88.6% 11.4M $244M
Royal Bank Of Canada +4.8M +8.1% 64.0M $1.4B
Goldman Sachs Group Inc +4.5M +221.1% 6.6M $141M
Bank Of Montreal +3.6M +10.1% 39.6M $853M
Geode Capital Management, LLC Index funds +2.6M +122.1% 4.7M $115M
National Bank Of Canada +1.9M +9.0% 23.2M $499M
AGF Management Ltd +1.7M New position 1.7M $52.3M
Connor, Clark & Lunn Investment Management Ltd. +1.7M +180.2% 2.7M $57M
Fil Ltd Active manager +1.2M +3.3% 38.7M $833M
Citadel Advisors LLC Hedge fund +1.1M +259.9% 1.6M $34M
Franklin Resources Inc Active manager +908K +76.9% 2.1M $45M
Public Sector Pension Investment Board +882K +580.7% 1.0M $22.3M
Dimensional Fund Advisors LP +867K +98.6% 1.7M $37.6M
Sig North Trading, Ulc +792K +53.2% 2.3M $49M
UBS Group AG +770K +26.5% 3.7M $79.2M
Swiss National Bank +752K +299.5% 1.0M $21.6M
Allianz Asset Management Gmbh +745K +3637.7% 765K $16.5M
Bank Of Nova Scotia +658K +3.8% 18.0M $387M
Vanguard Global Advisers, LLC +596K +9.2% 7.1M $153M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Federation Des Caisses Desjardins Du Quebec −5.9M −35.3% 10.8M $231M
Jupiter Asset Management Ltd Active manager −3.3M Sold out 0 —
Quadrature Capital Ltd Hedge fund −3.3M Sold out 0 —
Two Sigma Investments, LP Hedge fund −3.2M −38.0% 5.2M $112M
Canada Pension Plan Investment Board −3.2M −47.0% 3.6M $77M
Arrowstreet Capital, Limited Partnership Hedge fund −2.0M −26.5% 5.5M $118M
Manufacturers Life Insurance Company, The −1.9M −38.4% 3.1M $66.7M
CIBC World Market Inc. −1.8M −7.7% 21.6M $464M
Intact Investment Management Inc. −1.4M −40.3% 2.1M $46.1M
D. E. Shaw & Co., Inc. Hedge fund −1.2M −74.6% 424K $9.1M
Bank Of America Corp −1.0M −21.6% 3.8M $81.5M
Cullen Capital Management, LLC −991K −16.6% 5.0M $107M
Balyasny Asset Management L.P. Hedge fund −741K −39.2% 1.1M $24.7M
Delaney Capital Management Ltd. −624K −97.1% 19K $404,180
Scotia Capital Inc. −444K −11.8% 3.3M $71.6M
Morguard Lincluden Global Investments Ltd −398K −21.6% 1.4M $44.2M
Jpmorgan Chase & Co −367K −14.3% 2.2M $48.8M
Quantbot Technologies LP Hedge fund −345K −92.2% 29K $625,403
Envestnet Asset Management Inc −270K −25.3% 797K $17.1M
DZ Bank AG Deutsche Zentral Genossenschafts Bank, Frankfurt Am Main −188K −6.0% 3.0M $63.8M

New positions

largest by value
InstitutionSharesValue June 30, 2026
Viking Global Investors LPHedge fund 8.4M $181M
AGF Management Ltd 1.7M $52.3M
Munich Reinsurance Co Stock Corp In Munich 171K $3.7M
Deepcurrents Investment Group LLC 168K $3.6M
Timelo Investment Management Inc. 105K $2.3M
Susquehanna International Group, LLP 68K $1.5M
Cantor Fitzgerald, L. P. 50K $1.1M
Stratos Wealth Partners, Ltd. 41K $891,564
Alliancebernstein L.P.Active manager 32K $815,151
Jain Global LLCHedge fund 34K $731,362

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Jupiter Asset Management LtdActive manager 3.3M $83.8M
Quadrature Capital LtdHedge fund 3.3M $81.9M
Graham Capital Management, L.P.Hedge fund 159K $4M
Exoduspoint Capital Management, LPHedge fund 133K $3.3M
Susquehanna Portfolio Strategies, LLC 110K $2.8M
Victory Capital Management IncActive manager 57K $2M
Renaissance Technologies LLCHedge fund 75K $1.9M
Squarepoint Ops LLCHedge fund 63K $1.6M
Encompass More Asset Management 37K $930,801
Axq Capital, LP 23K $582,792

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
386
Ten largest holders
60.7%
of 13F-reported shares
Index fund managers
4.8%
of 13F-reported shares
Active managers and hedge funds
17.8%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 18 25 4 11 −2.8M −3.4%
Index fund managers 7 2 0 0 +3.1M +17.2%
Other institutions 147 155 35 40 +18.0M +5.6%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

← Back to BCE Inc · Insiders · Politicians