DaveManuel.com · Institutional Ownership · Who Owns It
BCE INC (BCE)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
404
Reporting holders
$10.7B
Reported value
3.4%
Calls
5.3%
Puts
-14
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| ROYAL BANK OF CANADA | $1.7B incl. $366.3M options CALL+PUT | 64,047,598 | 0.26% | 31q | +8.1%+$130.9M |
| BANK OF MONTREAL /CAN/ | $928.1M incl. $75.5M options CALL+PUT | 39,617,898 | 0.31% | 31q | +10.1%+$85.2M |
| FIL Ltd | $832.7M | 38,658,448 | 0.60% | 31q | +3.3%+$26.9M |
| Caisse de depot et placement du Quebec | $734.4M | 34,107,306 | 1.05% | 20q | HELD |
| NATIONAL BANK OF CANADA /FI/ | $512.0M incl. $13.3M options CALL+PUT | 23,165,717 | 0.37% | 19q | +9.0%+$42.3M |
| CIBC WORLD MARKET INC. | $511.1M incl. $47.1M options CALL+PUT | 21,563,415 | 0.82% | 31q | -7.7%-$42.6M |
| BANK OF NOVA SCOTIA | $386.7M | 17,954,428 | 0.58% | 31q | +3.8%+$14.2M |
| MORGAN STANLEY | $244.3M | 11,356,023 | 0.01% | 35q | +88.6%+$114.8M |
| Federation des caisses Desjardins du Quebec | $231.3M | 10,758,101 | 0.71% | 38q | -35.3%-$125.9M |
| TORONTO DOMINION BANK | $222.8M incl. $107.3M options CALL+PUT | 5,371,279 | 0.26% | 31q | +11.7%+$23.4M |
| VANGUARD CAPITAL MANAGEMENT LLC | $193.8M | 8,995,995 | 0.00% | 2q | +1.4%+$2.7M |
| SIG North Trading, ULC | $191.3M incl. $142.2M options CALL+PUT | 2,280,098 | 3.53% | 18q | +53.2%+$66.4M |
| VIKING GLOBAL INVESTORS LP | $180.6M | 8,383,278 | 0.51% | new | NEW |
| LETKO, BROSSEAU & ASSOCIATES INC | $164.2M | 7,626,060 | 2.43% | 31q | +0.8%+$1.3M |
| Vanguard Global Advisers, LLC | $153.0M | 7,104,381 | 0.07% | 2q | +9.2%+$12.8M |
| TD Asset Management Inc | $151.2M | 7,020,162 | 0.13% | 31q | HELD |
| GOLDMAN SACHS GROUP INC | $141.5M incl. $430.2K options PUT | 6,556,210 | 0.01% | 31q | +221.1%+$97.4M |
| MACKENZIE FINANCIAL CORP | $128.7M | 4,211,386 | 0.13% | 31q | +8.4%+$10.0M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $118.1M | 5,488,833 | 0.05% | 9q | -26.5%-$42.5M |
| GEODE CAPITAL MANAGEMENT, LLC | $115.4M | 4,744,780 | 0.01% | 31q | +122.1%+$63.5M |
| TWO SIGMA INVESTMENTS, LP | $112.2M | 5,216,019 | 0.08% | 7q | -38.0%-$68.8M |
| Cullen Capital Management, LLC | $107.0M | 4,975,496 | 1.05% | 31q | -16.6%-$21.3M |
| D. E. Shaw & Co., Inc. | $104.1M incl. $95.0M options CALL+PUT | 424,273 | 0.05% | 19q | -74.6%-$305.3M |
| NORGES BANK | $89.6M | 4,163,985 | 0.01% | 32q | +8.2%+$6.8M |
| BANK OF AMERICA CORP /DE/ | $81.5M | 3,790,198 | 0.01% | 31q | -21.6%-$22.5M |
| UBS Group AG | $79.2M | 3,679,846 | 0.01% | 31q | +26.5%+$16.6M |
| CANADA PENSION PLAN INVESTMENT BOARD | $77.0M | 3,578,737 | 0.04% | 28q | -47.0%-$68.3M |
| SCOTIA CAPITAL INC. | $71.6M | 3,322,214 | 0.27% | 31q | -11.8%-$9.6M |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $66.7M | 3,103,638 | 0.05% | 31q | -38.4%-$41.6M |
| Legal & General Group Plc | $65.9M | 3,060,150 | 0.01% | 31q | +15.0%+$8.6M |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | $63.8M | 2,963,785 | 0.05% | 32q | -6.0%-$4.0M |
| 1832 Asset Management L.P. | $60.9M | 2,833,204 | 0.03% | 31q | +20.3%+$10.3M |
| VANGUARD FIDUCIARY TRUST CO | $59.5M | 2,761,432 | 0.01% | 2q | +0.5%+$322.8K |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $58.9M | 2,734,541 | 0.01% | 26q | +8.4%+$4.6M |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $57.6M | 1,886,101 | 0.02% | 5q | +10.1%+$5.3M |
| Connor, Clark & Lunn Investment Management Ltd. | $57.0M | 2,650,560 | 0.11% | 31q | +180.2%+$36.7M |
| Clearbridge Investments, LLC | $56.7M | 2,634,020 | 0.05% | 11q | -3.0%-$1.7M |
| TD Waterhouse Canada Inc. | $54.6M | 2,595,093 | 0.14% | 19q | +15.7%+$7.4M |
| AGF MANAGEMENT LTD | $52.3M | 1,710,846 | 0.20% | new | NEW |
| JPMORGAN CHASE & CO | $48.8M | 2,192,646 | 0.00% | 31q | -14.3%-$8.2M |
| FIRST TRUST ADVISORS LP | $48.1M | 2,232,807 | 0.03% | 31q | +21.8%+$8.6M |
| INTACT INVESTMENT MANAGEMENT INC. | $46.1M | 2,141,166 | 1.31% | 31q | -40.3%-$31.2M |
| FRANKLIN RESOURCES INC | $45.0M | 2,089,691 | 0.01% | 31q | +76.9%+$19.5M |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd | $44.2M | 1,445,763 | 4.34% | 21q | -21.6%-$12.2M |
| Hillsdale Investment Management Inc. | $43.2M | 2,007,737 | 0.98% | 31q | +23.9%+$8.3M |
| BESSEMER GROUP INC | $40.2M | 1,868,748 | 0.06% | 31q | -1.6%-$644.2K |
| CITADEL ADVISORS LLC | $40.1M incl. $6.2M options CALL+PUT | 1,578,596 | 0.00% | 31q | +259.9%+$29.0M |
| Harvest Portfolios Group Inc. | $38.9M | 1,806,122 | 0.55% | 5q | +28.8%+$8.7M |
| DIMENSIONAL FUND ADVISORS LP | $37.6M | 1,747,138 | 0.01% | 31q | +98.6%+$18.7M |
| MILLENNIUM MANAGEMENT LLC | $37.3M incl. $29.0M options CALL+PUT | 383,687 | 0.01% | 17q | -14.7%-$6.4M |
| MUFG SECURITIES (CANADA), LTD. | $28.4M | 1,319,114 | 0.76% | 10q | -4.6%-$1.4M |
| CIBC Asset Management Inc | $28.2M | 1,309,245 | 0.06% | 31q | HELD |
| BlackRock, Inc. | $27.4M | 1,275,177 | 0.00% | 8q | +32.0%+$6.7M |
| Periscope Capital Inc. | $25.5M CALL | options only | 2.24% | new | OPTIONS |
| Balyasny Asset Management L.P. | $24.7M | 1,147,978 | 0.03% | 8q | -39.2%-$15.9M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | $24.6M | 1,142,696 | 0.15% | 31q | +44.5%+$7.6M |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO | $24.2M | 1,127,288 | 0.23% | 31q | HELD |
| Amundi | $22.8M | 1,058,035 | 0.01% | 21q | +33.4%+$5.7M |
| Public Sector Pension Investment Board | $22.3M | 1,034,047 | 0.06% | 31q | +580.7%+$19.0M |
| Swiss National Bank | $21.6M | 1,003,609 | 0.01% | 31q | +299.5%+$16.2M |
| Purpose Unlimited Inc. | $20.0M | 931,493 | 0.77% | 3q | HELD |
| ENVESTNET ASSET MANAGEMENT INC | $17.1M | 796,825 | 0.00% | 31q | -25.3%-$5.8M |
| Allianz Asset Management GmbH | $16.8M | 782,149 | 0.01% | 40q | +3721.3%+$16.4M |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $16.7M incl. $16.7M options OPT | 776,378 | 0.02% | 31q | +57.1%+$6.1M |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $16.6M | 772,604 | 0.02% | 4q | +45.1%+$5.2M |
| GABELLI FUNDS LLC | $16.4M | 764,000 | 0.10% | 31q | -5.9%-$1.0M |
| AQR CAPITAL MANAGEMENT LLC | $16.3M | 758,176 | 0.01% | 5q | +157.3%+$10.0M |
| DEUTSCHE BANK AG\ | $15.7M | 731,141 | 0.00% | 34q | +155.0%+$9.6M |
| NICOLA WEALTH MANAGEMENT LTD. | $15.7M | 729,000 | 1.81% | 7q | HELD |
| CITIGROUP INC | $14.7M | 682,754 | 0.00% | 31q | +1.0%+$144.4K |
| Ninepoint Partners LP | $14.5M | 675,161 | 1.11% | 4q | +38.2%+$4.0M |
| Addenda Capital Inc. | $14.4M | 465,393 | 0.39% | 31q | -1.3%-$183.9K |
| VANGUARD ASSET MANAGEMENT, Ltd | $14.3M | 662,980 | 0.01% | 2q | +21.6%+$2.5M |
| NATIXIS | $12.6M | 586,699 | 0.05% | 9q | +18.6%+$2.0M |
| NEUBERGER BERMAN GROUP LLC | $12.6M | 586,026 | 0.01% | 31q | +1.7%+$216.2K |
| NORTHERN TRUST CORP | $11.5M | 536,253 | 0.00% | 31q | -23.1%-$3.5M |
| California Public Employees Retirement System | $11.0M incl. $11.0M options OPT | 512,388 | 0.01% | 31q | -22.7%-$3.2M |
| State of Tennessee, Department of Treasury | $10.8M | 501,246 | 0.03% | 13q | HELD |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | $10.7M | 496,837 | 0.03% | 8q | +3.8%+$389.3K |
| Invesco Ltd. | $10.6M | 492,825 | 0.00% | 31q | -19.8%-$2.6M |
| OPPENHEIMER ASSET MANAGEMENT INC. | $10.4M | 485,021 | 0.11% | 31q | -20.8%-$2.7M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $9.9M incl. $8.4M options CALL+PUT | 67,670 | 0.00% | 31q | HELD |
| Northwest & Ethical Investments L.P. | $9.7M | 450,644 | 0.23% | 68q | +13.4%+$1.1M |
| JONES FINANCIAL COMPANIES LLLP | $9.5M | 412,578 | 0.00% | 23q | +5.8%+$518.2K |
| PICTON MAHONEY ASSET MANAGEMENT | $8.9M | 414,568 | 0.07% | 5q | +1214.4%+$8.2M |
| HRT FINANCIAL LP | $8.6M | 399,296 | 0.02% | 6q | +193.3%+$5.7M |
| APG Asset Management N.V. | $8.4M | 444,281 | 0.02% | 31q | +15.2%+$1.1M |
| Korea Investment CORP | $8.3M | 384,861 | 0.02% | 22q | +11527.2%+$8.2M |
| Janney Montgomery Scott LLC | $8.2M | 381,539 | 0.02% | 7q | -12.6%-$1.2M |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | $8.0M | 370,944 | 0.03% | 3q | -33.1%-$3.9M |
| CANADA LIFE ASSURANCE Co | $7.7M | 357,523 | 0.01% | 31q | +35.9%+$2.0M |
| Creative Planning | $7.3M | 339,681 | 0.00% | 31q | -3.7%-$283.7K |
| RAYMOND JAMES FINANCIAL INC | $7.2M | 334,542 | 0.00% | 7q | -21.8%-$2.0M |
| Ruffer LLP | $7.1M | 329,790 | 0.25% | 2q | +17.8%+$1.1M |
| WELLS FARGO & COMPANY/MN | $7.0M | 326,949 | 0.00% | 31q | -6.2%-$465.5K |
| Bank of New York Mellon Corp | $7.0M | 325,253 | 0.00% | 31q | +174.0%+$4.4M |
| FLAX POND CAPITAL, LLC | $6.8M | 284,305 | 2.53% | 3q | +44.6%+$2.1M |
| Russell Investments Group, Ltd. | $6.4M | 295,625 | 0.01% | 31q | +12.7%+$727.2K |
| Quantinno Capital Management LP | $6.1M | 282,875 | 0.01% | 14q | +27.7%+$1.3M |
| AVIVA PLC | $5.6M | 260,816 | 0.01% | 31q | +299.6%+$4.2M |
Showing the largest 100 of 404 reported holders.
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 87 | $167.6M | 7,344,206 | 10 | 24 | 28 | 0.0% |
| Q2 2026 | 404 | $10.7B | 447,366,053 | 43 | 135 | 129 | 9.1% |
| Q1 2026 | 418 | $11.9B | 424,533,835 | 44 | 144 | 117 | 10.4% |
| Q4 2025 | 422 | $11.6B | 422,037,235 | 54 | 116 | 152 | 13.4% |
| Q3 2025 | 409 | $10.9B | 396,735,138 | 58 | 135 | 105 | 15.0% |
| Q2 2025 | 397 | $11.9B | 454,196,699 | 47 | 119 | 142 | 15.6% |
| Q1 2025 | 411 | $10.5B | 400,404,567 | 45 | 131 | 151 | 13.1% |
| Q4 2024 | 437 | $10.2B | 373,067,202 | 50 | 129 | 163 | 15.5% |
| Q3 2024 | 507 | $14.2B | 366,748,238 | 56 | 163 | 165 | 9.8% |
| Q2 2024 | 509 | $13.1B | 368,651,593 | 40 | 155 | 209 | 9.2% |
| Q1 2024 | 545 | $13.2B | 369,651,383 | 56 | 154 | 231 | 4.3% |
| Q4 2023 | 546 | $15.9B | 392,729,531 | 34 | 151 | 244 | 2.2% |
| Q3 2023 | 571 | $15.7B | 400,495,521 | 31 | 175 | 231 | 2.6% |
| Q2 2023 | 596 | $19.1B | 407,413,890 | 38 | 204 | 201 | 2.8% |
| Q1 2023 | 594 | $18.4B | 398,715,812 | 44 | 228 | 157 | 3.1% |
| Q4 2022 | 607 | $18.6B | 399,241,655 | 65 | 216 | 188 | 6.0% |
| Q3 2022 | 568 | $46.7B | 1,093,304,605 | 40 | 251 | 149 | 1.5% |
| Q2 2022 | 600 | $52.3B | 1,041,909,950 | 48 | 219 | 180 | 1.6% |
| Q1 2022 | 605 | $72.3B | 1,243,987,998 | 52 | 217 | 177 | 1.2% |
| Q4 2021 | 605 | $65.9B | 1,220,433,603 | 59 | 207 | 165 | 1.7% |
| Q3 2021 | 556 | $70.3B | 1,303,985,491 | 42 | 208 | 154 | 1.2% |
| Q2 2021 | 549 | $55.3B | 1,079,842,100 | 59 | 200 | 160 | 1.1% |
| Q1 2021 | 531 | $49.8B | 1,070,516,680 | 62 | 180 | 165 | 1.1% |
| Q4 2020 | 512 | $46.7B | 1,067,125,620 | 44 | 151 | 217 | 1.2% |
| Q3 2020 | 495 | $142.8B | 3,403,784,448 | 36 | 146 | 209 | 0.4% |
| Q2 2020 | 501 | $165.3B | 3,904,498,715 | 43 | 172 | 189 | 1.9% |
| Q1 2020 | 518 | $166.5B | 3,930,728,071 | 52 | 182 | 191 | 5.3% |
| Q4 2019 | 552 | $178.3B | 3,830,464,948 | 58 | 169 | 169 | 5.8% |
| Q3 2019 | 500 | $189.7B | 3,908,810,596 | 41 | 165 | 181 | 4.9% |
| Q2 2019 | 507 | $179.7B | 3,943,591,198 | 42 | 184 | 167 | 5.3% |
| Q1 2019 | 528 | $184.7B | 4,157,072,192 | 62 | 154 | 174 | 4.7% |
| Q4 2018 | 494 | $164.4B | 4,154,186,791 | 2 | 17 | 10 | 4.7% |
