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BILL Holdings, Inc.

BILL
Exchange
NYSE
Industry
Services-Prepackaged Software
SEC CIK
0001786352

In the last 90 days, BILL Holdings, Inc. insiders filed 0 open-market purchases and 3 sales; 341 institutions reported holding it in 13F filings for Q2 2026, worth $3.55B in total; superinvestors Starboard Value and Soros Fund Management hold it.

13F holders, Q4 2025

Institutional positions in BILL Holdings, Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
366
+9 vs. Q3 2025
Shares held
109.2M
+6.94M (+6.8%) vs. Q3 2025
Total value
$5.96B
+$534.5M (+9.9%) vs. Q3 2025
New holders
76
107 more added
Sold out
67
124 more reduced

8 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting BILL on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 366 institutions
Q1 2021: 312 institutionsQ2 2021: 346 institutionsQ3 2021: 432 institutionsQ4 2021: 480 institutionsQ1 2022: 486 institutionsQ2 2022: 433 institutionsQ3 2022: 490 institutionsQ4 2022: 482 institutionsQ1 2023: 406 institutionsQ2 2023: 419 institutionsQ3 2023: 423 institutionsQ4 2023: 412 institutionsQ1 2024: 377 institutionsQ2 2024: 338 institutionsQ3 2024: 346 institutionsQ4 2024: 413 institutionsQ1 2025: 394 institutionsQ2 2025: 371 institutionsQ3 2025: 365 institutionsQ4 2025: 366 institutionsQ1 2026: 341 institutionsQ2 2026: 341 institutions
Value heldQ4 2025: $5.96B
Q1 2021: $11.6BQ2 2021: $15.2BQ3 2021: $25.3BQ4 2021: $25.0BQ1 2022: $23.0BQ2 2022: $11.1BQ3 2022: $13.4BQ4 2022: $11.4BQ1 2023: $8.60BQ2 2023: $12.6BQ3 2023: $11.5BQ4 2023: $8.36BQ1 2024: $6.55BQ2 2024: $4.86BQ3 2024: $4.79BQ4 2024: $8.03BQ1 2025: $4.28BQ2 2025: $4.46BQ3 2025: $5.43BQ4 2025: $5.96BQ1 2026: $3.92BQ2 2026: $3.55B
Institutions holding BILL and their total value by quarter
QuarterHoldersValue
Q2 2026341$3.55B
Q1 2026341$3.92B
Q4 2025366$5.96B
Q3 2025365$5.43B
Q2 2025371$4.46B
Q1 2025394$4.28B
Q4 2024413$8.03B
Q3 2024346$4.79B
Q2 2024338$4.86B
Q1 2024377$6.55B
Q4 2023412$8.36B
Q3 2023423$11.5B
Q2 2023419$12.6B
Q1 2023406$8.60B
Q4 2022482$11.4B
Q3 2022490$13.4B
Q2 2022433$11.1B
Q1 2022486$23.0B
Q4 2021480$25.0B
Q3 2021432$25.3B
Q2 2021346$15.2B
Q1 2021312$11.6B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding BILL Holdings, Inc.; share changes are against Q3 2025.

Institutions holding BILL in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Thrivent Financial for Lutherans20,073$1.09M0.00%−2,689−11.8%Reduced
Citigroup Inc20,953$1.14M0.00%−1,590−7.1%Reduced
New Mexico Educational Retirement Board21,000$1.15M0.03%00.0%Unchanged
State of Michigan Retirement System21,100$1.15M0.01%−700−3.2%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys22,306$1.22M0.01%−1,227−5.2%Reduced
Yousif Capital Management, LLC27,452$1.24M0.01%−1,349−4.7%Reduced
IMC-Chicago, LLC22,899$1.25M0.02%+11,505+101.0%Added
Arizona State Retirement System24,060$1.31M0.01%−4,902−16.9%Reduced
Public Employees Retirement System of Ohio24,225$1.32M0.00%−4,874−16.7%Reduced
Louisiana State Employees Retirement System24,700$1.35M0.02%−800−3.1%Reduced
Handelsbanken Fonder AB25,356$1.38M0.00%+900+3.7%Added
Quadrature Capital Ltd25,467$1.39M0.01%+25,467New
WoodTrust Financial Corp25,600$1.40M0.16%−100−0.4%Reduced
Teacher Retirement System of Texas25,634$1.40M0.00%−8,659−25.3%Reduced
Wells Fargo & Company26,345$1.44M0.00%+4,787+22.2%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.26,383$1.44M0.00%+25,410+2,611.5%Added
Alberta Investment Management Corp27,600$1.51M0.01%+27,600New
Zurcher Kantonalbank (Zurich Cantonalbank)28,531$1.56M0.00%+1,521+5.6%Added
Generali Investments Towarzystwo Funduszy Inwestycyjnych29,000$1.58M0.77%00.0%Unchanged
Teachers Retirement System of the State of Kentucky29,990$1.64M0.01%00.0%Unchanged
Union Square Park Capital Management, LLC30,000$1.64M1.28%+30,000New
Manchester Capital Management LLC30,919$1.69M0.23%00.0%Unchanged
Arrowstreet Capital, Limited Partnership31,305$1.71M0.00%−130,180−80.6%Reduced
Ardmore Road Asset Management LP31,593$1.72M0.13%+31,593New
Jacobs Levy Equity Management, Inc31,815$1.74M0.01%+31,815New
Cresset Asset Management, LLC31,885$1.74M0.01%−130.0%Reduced
Highland Capital Management Fund Advisors, L.P.32,225$1.76M0.12%+16,203+101.1%Added
Heights Point Management, LP32,560$1.78M1.51%+32,560New
Edgestream Partners, L.P.33,676$1.84M0.05%+33,676New
XTX Topco Ltd33,718$1.84M0.05%+33,718New
Treasurer of the State of North Carolina33,723$1.84M0.01%−8,151−19.5%Reduced
Twin Tree Management, LP33,843$1.85M0.19%+16,371+93.7%Added
Police & Firemen's Retirement System of New Jersey33,932$1.85M0.02%−7,248−17.6%Reduced
Voya Investment Management LLC35,671$1.95M0.00%−1,781−4.8%Reduced
Jasper Ridge Partners, L.P.35,762$1.95M0.04%00.0%Unchanged
Mutual of America Capital Management LLC37,098$2.02M0.02%−5,250−12.4%Reduced
Susquehanna Portfolio Strategies, LLC37,241$2.03M0.03%00.0%Unchanged
Prescott Group Capital Management, L.L.C.38,000$2.07M0.19%+18,000+90.0%Added
State of Tennessee, Treasury Department48,306$2.09M0.01%−2,069−4.1%Reduced
Janus Henderson Group PLC39,000$2.13M0.00%−4,600−10.6%Reduced
Amalgamated Bank39,431$2.15M0.02%−2,632−6.3%Reduced
Clearline Capital LP40,959$2.23M0.17%00.0%Unchanged
New York State Common Retirement Fund42,840$2.34M0.00%−11,051−20.5%Reduced
MetLife Investment Management43,414$2.37M0.01%−3,739−7.9%Reduced
Apella Capital, LLC43,823$2.39M0.05%+44+0.1%Added
State of New Jersey Common Pension Fund D44,471$2.43M0.01%−7,094−13.8%Reduced
Lavelle Capital LP45,640$2.49M1.58%+45,640New
Nomura Holdings Inc48,356$2.64M0.01%−284,104−85.5%Reduced
Walleye Trading LLC52,424$2.86M0.05%+52,424New
Natixis53,587$2.92M0.01%−621,267−92.1%Reduced
New York State Teachers Retirement System53,616$2.92M0.01%+516+1.0%Added
D. E. Shaw & Co., Inc.54,386$2.97M0.00%+42,175+345.4%Added
Taylor Frigon Capital Management LLC54,444$2.97M1.50%−618−1.1%Reduced
Walleye Capital LLC54,471$2.97M0.02%+54,471New
Bridgewater Associates, LP54,941$3.00M0.01%+49,403+892.1%Added
Maxi Investments CY Ltd55,000$3.00M0.55%00.0%Unchanged
Victory Capital Management Inc55,566$3.03M0.00%−1,432−2.5%Reduced
CastleKnight Management LP56,900$3.10M0.18%+6,000+11.8%Added
Inlight Wealth Management, LLC58,201$3.17M1.16%+17,320+42.4%Added
Aspiriant, LLC59,594$3.25M0.09%00.0%Unchanged
Comerica Bank60,628$3.31M0.01%−8,619−12.4%Reduced
Mirae Asset Global ETFs Holdings Ltd.61,132$3.33M0.00%−2,800−4.4%Reduced
State of Wisconsin Investment Board61,719$3.37M0.01%+1,087+1.8%Added
Manufacturers Life Insurance Company, The63,829$3.48M0.00%−2,906−4.4%Reduced
Y-Intercept (Hong Kong) Ltd64,813$3.53M0.08%−25,870−28.5%Reduced
Morgens Waterfall Vintiadis & Co Inc66,000$3.60M2.64%+66,000New
Jupiter Asset Management Ltd71,037$3.87M0.03%+71,037New
Amundi73,147$3.99M0.00%−34,602−32.1%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH73,433$4.02M0.01%+8,113+12.4%Added
Engle Capital Management, L.P.78,000$4.25M1.64%−152,500−66.2%Reduced
Monimus Capital Management, LP79,234$4.32M2.85%+6,542+9.0%Added
M&G Plc78,904$4.34M0.02%00.0%Unchanged
Massachusetts Financial Services Co81,181$4.43M0.00%−2,686−3.2%Reduced
California State Teachers Retirement System81,668$4.45M0.00%−10,935−11.8%Reduced
First Trust Advisors LP82,431$4.50M0.00%+64,680+364.4%Added
State Board of Administration of Florida Retirement System89,627$4.89M0.01%−2,370−2.6%Reduced
13D Management LLC90,000$4.91M5.84%00.0%Unchanged
Winton Group Ltd91,094$4.97M0.17%−46,680−33.9%Reduced
Pier Capital, LLC92,841$5.06M0.81%+92,841New
Formula Growth Ltd95,000$5.18M2.00%00.0%Unchanged
Sepio Capital, LP96,492$5.26M0.29%00.0%Unchanged
Schonfeld Strategic Advisors LLC97,439$5.31M0.03%+97,439New
Quantinno Capital Management LP107,816$5.88M0.01%+23,723+28.2%Added
Cohen Capital Management, Inc.109,788$5.99M0.90%00.0%Unchanged
CIBC Private Wealth Group, LLC114,639$6.25M0.01%+9,025+8.5%Added
Freestone Grove Partners LP116,187$6.34M0.05%+116,187New
Hudson Bay Capital Management LP122,500$6.68M0.04%+122,500New
Legal & General Group Plc136,317$7.43M0.00%−16,382−10.7%Reduced
Great West Life Assurance Co136,653$7.46M0.01%−25,370−15.7%Reduced
Alliancebernstein L.P.144,133$7.86M0.00%+14,604+11.3%Added
Ossiam149,700$8.16M0.16%00.0%Unchanged
California Public Employees Retirement System153,030$8.35M0.00%−17,889−10.5%Reduced
Totem Point Management, LLC155,100$8.46M8.44%+83,875+117.8%Added
Nuveen, LLC157,581$8.59M0.00%−46,605−22.8%Reduced
Goldman Sachs Group Inc165,674$9.04M0.00%−89,096−35.0%Reduced
One Fin Capital Management LP170,000$9.27M3.24%−50,000−22.7%Reduced
Swiss National Bank170,400$9.29M0.01%−19,300−10.2%Reduced
Susquehanna Fundamental Investments, LLC175,625$9.58M0.33%+175,625New
Iridian Asset Management LLC187,404$10.2M3.76%+35,850+23.7%Added
Principal Financial Group Inc191,483$10.4M0.01%−12,358−6.1%Reduced