Ballard Power Systems Inc. (BLDP) Institutional Ownership

Top holders, 13F buying & selling, as of Mar 31, 2026
Institutional Snapshot

As of the Mar 31, 2026 13F filing cycle, 117 institutions reported holding Ballard Power Systems Inc. (BLDP), together worth $197.43M. Compared to Dec 31, 2025: 43 increased their position, 0 opened a new one, 37 trimmed, and 0 fully exited, a net addition of 7.30M shares. The 10 largest institutional holders control +82% of all institutionally-held shares. Notable names on the list include TWO SIGMA INVESTMENTS, LP, MILLENNIUM MANAGEMENT LLC, CITADEL ADVISORS LLC.

Net Flow
Net Buying
7.30M shares this cycle
Breadth
0 new, 0 exited
117 total institutional holders
Concentration
+82% in top 10
Fairly concentrated
Institutional Ownership Overview

As of the Mar 31, 2026 13F filing cycle, compared to Dec 31, 2025. Institutions have up to 45 days after quarter-end to file, so this can lag real-time positioning.

Total institutions
117
Total value held
$197.43M
Total shares held
87.34M
Net value change
$6.58M
43
Increased
0
New
37
Unchanged
37
Decreased
0
Exited
See what company insiders are doing →
Biggest Conviction Changes

The largest position increases, new positions, decreases, and confirmed exits this cycle. Percent-change lists below require at least a $1M prior-quarter position, so a fund going from a handful of shares to a few thousand does not crowd out real, sized moves.

Biggest increases (by %)
Qube Research & Technologies Ltd · +107.2% ($5.11M)
UBS Group AG · +107.0% ($14.15M)
TWO SIGMA INVESTMENTS, LP · +82.3% ($29.87M)
D. E. Shaw & Co., Inc. · +67.2% ($20.02M)
DIMENSIONAL FUND ADVISORS LP · +18.3% ($4.43M)
Largest new positions
None on record.
Biggest decreases (by %)
GOLDMAN SACHS GROUP INC · -90.5% ($381.6K left)
Walleye Trading LLC · -88.9% ($151.5K left)
Headlands Technologies LLC · -64.4% ($350.5K left)
JANE STREET GROUP, LLC · -63.5% ($2.05M left)
CITADEL ADVISORS LLC · -23.4% ($7.05M left)
Confirmed full exits
None on record.
Notable Names

A small, non-exhaustive list of well-known funds and passive index giants we checked for by name, not a comprehensive classification of every institution on record.

Recognized funds holding BLDP
TWO SIGMA INVESTMENTS, LP · $29.87M (Increased)
MILLENNIUM MANAGEMENT LLC · $4.77M (Decreased)
CITADEL ADVISORS LLC · $7.05M (Decreased)
TWO SIGMA SECURITIES, LLC · $71.4K (Increased)
Passive index giants
GEODE CAPITAL MANAGEMENT, LLC · $918.4K
BlackRock, Inc. · $167.6K
STATE STREET CORP · $12.02M

These alone represent about +7% of total institutional value on record, a rough floor for index-driven (not conviction-driven) ownership.

The 20 Largest Institutional Holders

"Since prior quarter" return uses each holder's prior-quarter value divided by prior-quarter shares as a rough implied entry price, not their real cost basis, which is not disclosed in 13F filings.

InstitutionStatusSharesValueChangeSince Prior Qtr
TWO SIGMA INVESTMENTS, LPIncreased12.34M$29.87M+82.34%-11.4%
MORGAN STANLEYDecreased12.09M$29.25M-5.53%-11.4%
D. E. Shaw & Co., Inc.Increased8.28M$20.02M+67.23%-11.5%
TWO SIGMA ADVISERS, LPUnclear (Last Known)6.24M$15.85M-11.4%
Legal & General Group PlcDecreased6.39M$15.37M-0.56%-11.8%
UBS Group AGIncreased5.85M$14.15M+106.97%-11.4%
STATE STREET CORPIncreased4.97M$12.02M+0.88%-11.4%
Invesco Ltd.Decreased3.94M$9.53M-20.73%-11.4%
BNP PARIBAS FINANCIAL MARKETSDecreased3.78M$9.14M-5.40%-11.4%
CITADEL ADVISORS LLCDecreased2.91M$7.05M-23.44%-11.4%
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.Increased2.78M$6.70M+0.74%-11.4%
Qube Research & Technologies LtdIncreased2.11M$5.11M+107.16%-11.4%
MILLENNIUM MANAGEMENT LLCDecreased1.98M$4.77M-18.00%-11.5%
DIMENSIONAL FUND ADVISORS LPIncreased1.83M$4.43M+18.33%-11.4%
Zurcher Kantonalbank (Zurich Cantonalbank)Decreased1.16M$2.79M-3.32%-11.9%
JPMORGAN CHASE & CODecreased1.20M$2.77M-15.21%-11.4%
SUSQUEHANNA INTERNATIONAL GROUP, LLPDecreased891.5K$2.16M-19.30%-11.4%
JANE STREET GROUP, LLCDecreased845.2K$2.05M-63.49%-11.4%
FIRST TRUST ADVISORS LPDecreased659.5K$1.60M-7.77%-11.4%
ROYAL BANK OF CANADAIncreased637.1K$1.54M+94.04%-11.5%
Frequently Asked Questions
How many institutions hold BLDP stock?

117 institutions reported a position in Ballard Power Systems Inc. as of the Mar 31, 2026 13F filing cycle, worth a combined $197.43M.

Are institutions buying or selling BLDP?

Comparing Mar 31, 2026 to Dec 31, 2025: 43 institutions increased their position and 0 opened new ones, while 37 decreased and 0 fully exited. Net share change: 7.30M.

How concentrated is institutional ownership of BLDP?

The top 10 institutional holders control +82% of all shares held by institutions on record, a fairly concentrated group of holders.

How current is this institutional ownership data?

This reflects the Mar 31, 2026 13F filing cycle. Institutional investors have up to 45 days after quarter-end to file, so this data can lag real-time positioning by 1-3 months, and only U.S.-registered institutional managers above the SEC's reporting threshold are required to file at all.

Sourced from SEC 13F filings for BLDP. This table holds one snapshot per institution, not a multi-quarter history, so no ownership trend over years, historical percentile, or fund track record is shown, since that data is not available here. Only U.S.-registered institutional investment managers above the SEC's reporting threshold are required to file 13Fs; hedge funds, foreign investors, and smaller managers may not appear. This is historical data, not investment advice. Read disclaimer →