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Ballard Power Systems Inc.

BLDP
Exchange
Nasdaq
Industry
Electrical Industrial Apparatus
SEC CIK
0001453015

No open-market purchases or sales by Ballard Power Systems Inc. insiders were filed in the last 90 days; 166 institutions reported holding it in 13F filings for Q2 2026, worth $405.5M in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in Ballard Power Systems Inc. as of Sep 30, 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
139
+7 vs. Q2 2025
Shares held
76.2M
+740.3K (+1.0%) vs. Q2 2025
Total value
$207.5M
+$87.3M (+72.7%) vs. Q2 2025
New holders
19
35 more added
Sold out
12
46 more reduced

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting BLDP 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 holdersQ3 2025: 139 institutions
Q1 2021: 252 institutionsQ2 2021: 241 institutionsQ3 2021: 248 institutionsQ4 2021: 246 institutionsQ1 2022: 233 institutionsQ2 2022: 225 institutionsQ3 2022: 198 institutionsQ4 2022: 190 institutionsQ1 2023: 187 institutionsQ2 2023: 197 institutionsQ3 2023: 175 institutionsQ4 2023: 183 institutionsQ1 2024: 164 institutionsQ2 2024: 174 institutionsQ3 2024: 146 institutionsQ4 2024: 155 institutionsQ1 2025: 148 institutionsQ2 2025: 132 institutionsQ3 2025: 139 institutionsQ4 2025: 135 institutionsQ1 2026: 149 institutionsQ2 2026: 166 institutions
Value heldQ3 2025: $207.5M
Q1 2021: $2.08BQ2 2021: $1.37BQ3 2021: $1.20BQ4 2021: $1.13BQ1 2022: $986.4MQ2 2022: $532.1MQ3 2022: $536.8MQ4 2022: $403.7MQ1 2023: $426.3MQ2 2023: $326.4MQ3 2023: $269.4MQ4 2023: $245.2MQ1 2024: $189.6MQ2 2024: $164.5MQ3 2024: $110.8MQ4 2024: $107.3MQ1 2025: $63.4MQ2 2025: $120.1MQ3 2025: $207.5MQ4 2025: $223.0MQ1 2026: $216.6MQ2 2026: $405.5M
Institutions holding BLDP and their total value by quarter
QuarterHoldersValue
Q2 2026166$405.5M
Q1 2026149$216.6M
Q4 2025135$223.0M
Q3 2025139$207.5M
Q2 2025132$120.1M
Q1 2025148$63.4M
Q4 2024155$107.3M
Q3 2024146$110.8M
Q2 2024174$164.5M
Q1 2024164$189.6M
Q4 2023183$245.2M
Q3 2023175$269.4M
Q2 2023197$326.4M
Q1 2023187$426.3M
Q4 2022190$403.7M
Q3 2022198$536.8M
Q2 2022225$532.1M
Q1 2022233$986.4M
Q4 2021246$1.13B
Q3 2021248$1.20B
Q2 2021241$1.37B
Q1 2021252$2.08B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Ballard Power Systems Inc.; share changes are against Q2 2025.

Institutions holding BLDP in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Legal & General Group Plc13,459,729$36.5M0.01%+326,505+2.5%Added
Two Sigma Investments, LP6,282,641$17.1M0.03%+657,107+11.7%Added
Two Sigma Advisers, LP6,037,200$16.4M0.03%+519,800+9.4%Added
State Street Corp5,679,571$15.4M0.00%−69,745−1.2%Reduced
Morgan Stanley5,583,482$15.2M0.00%+2,875,823+106.2%Added
Goldman Sachs Group Inc3,939,584$10.7M0.00%−1,251,515−24.1%Reduced
UBS Group AG3,434,480$9.34M0.00%−733,344−17.6%Reduced
Invesco Ltd.3,343,282$9.09M0.00%−94,884−2.8%Reduced
Great West Life Assurance Co2,766,262$7.58M0.01%+45,379+1.7%Added
Royal Bank of Canada2,658,512$7.23M0.00%+783,686+41.8%Added
Van Eck Associates Corp2,345,177$6.38M0.01%+714,647+43.8%Added
Millennium Management LLC2,064,405$5.60M0.00%−472,644−18.6%Reduced
Mirae Asset Global ETFs Holdings Ltd.1,698,767$4.63M0.01%−1,897,216−52.8%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)1,454,642$3.94M0.01%+524,387+56.4%Added
BNP Paribas Arbitrage, SA1,311,617$3.57M0.00%+1,002,903+324.9%Added
Storebrand Asset Management AS1,160,919$3.16M0.01%00.0%Unchanged
Citadel Advisors LLC1,140,501$3.10M0.00%+522,177+84.5%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.1,133,954$3.08M0.00%−106,427−8.6%Reduced
Dimensional Fund Advisors LP912,328$2.48M0.00%−755,007−45.3%Reduced
D. E. Shaw & Co., Inc.835,782$2.27M0.00%−957,541−53.4%Reduced
First Trust Advisors LP712,064$1.94M0.00%−35,229−4.7%Reduced
JPMorgan Chase & Co692,201$1.88M0.00%+215,954+45.3%Added
Jane Street Group, LLC613,132$1.67M0.00%−729,227−54.3%Reduced
Walleye Trading LLC521,142$1.42M0.02%+520,752+133,526.2%Added
Headlands Technologies LLC421,617$1.15M0.09%+350,590+493.6%Added
Alps Advisors Inc381,060$1.04M0.01%−44,909−10.5%Reduced
Susquehanna International Group, LLP355,386$966.6K0.00%+200,773+129.9%Added
Gsa Capital Partners LLP340,167$925.0K0.08%+88,470+35.1%Added
TD Asset Management Inc328,353$889.7K0.00%−3,204−1.0%Reduced
Amundi221,770$809.5K0.00%+153,630+225.5%Added
Virtu Financial LLC274,430$746.0K0.04%+227,260+481.8%Added
Group One Trading, L.P.273,574$744.1K0.02%+273,574New
Simplex Trading, LLC233,878$636.0K0.01%+215,830+1,195.9%Added
MYDA Advisors LLC220,000$598.4K0.18%+220,000New
Geode Capital Management, LLC205,283$558.4K0.00%00.0%Unchanged
Bruni J V & Co202,767$551.5K0.06%−384,026−65.4%Reduced
Counterpoint Mutual Funds LLC183,876$500.1K0.04%+183,876New
Leonteq Securities AG156,641$459.6K0.02%−12,798−7.6%Reduced
Benjamin Edwards Inc164,390$447.1K0.01%+164,390New
SG Americas Securities, LLC160,084$435.0K0.00%−9,538−5.6%Reduced
Marex Group plc152,761$415.5K0.01%00.0%Unchanged
Mackenzie Financial Corp146,659$397.2K0.00%+16,204+12.4%Added
HSBC Holdings PLC121,875$330.5K0.00%+63,840+110.0%Added
HRT Financial LP115,030$312.0K0.00%+115,030New
Graham Capital Management, L.P.100,204$272.6K0.01%−417,479−80.6%Reduced
Bank of America Corp97,691$265.7K0.00%−190,898−66.1%Reduced
Stifel Financial Corp94,838$258.0K0.00%+48,548+104.9%Added
Banque Cantonale Vaudoise88,133$240.0K0.01%−8,608−8.9%Reduced
LPL Financial LLC84,053$228.6K0.00%+59,713+245.3%Added
State of Wyoming75,774$206.1K0.02%−109,372−59.1%Reduced
Federation des caisses Desjardins du Quebec70,075$186.5K0.00%+29,487+72.6%Added
Commonwealth Equity Services, LLC60,783$165.0K0.00%−525−0.9%Reduced
SIG North Trading, ULC59,627$162.2K0.02%+48,100+417.3%Added
American Century Companies Inc56,798$153.9K0.00%+10,100+21.6%Added
Toronto Dominion Bank44,826$121.4K0.00%+44,826New
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main43,430$117.6K0.00%+35,175+426.1%Added
National Bank of Canada53,206$117.3K0.00%−8,398−13.6%Reduced
Manatuck Hill Partners, LLC41,500$112.9K0.04%00.0%Unchanged
Itau Unibanco Holding S.A.40,026$108.9K0.00%−40,436−50.3%Reduced
Quadrature Capital Ltd39,588$107.3K0.00%−589,412−93.7%Reduced
BlackRock, Inc.38,541$104.8K0.00%−124,456−76.4%Reduced
Vontobel Holding Ltd.36,097$97.8K0.00%00.0%Unchanged
Scientech Research LLC35,237$95.8K0.03%+21,808+162.4%Added
Bank of Montreal34,454$93.3K0.00%+4,342+14.4%Added
Daiwa Securities Group Inc.33,580$91.0K0.00%−3,212−8.7%Reduced
XTX Topco Ltd31,753$86.4K0.00%−11,733−27.0%Reduced
Freemont Management S.A.30,000$81.6K0.06%00.0%Unchanged
Belvedere Trading LLC21,266$80.2K0.01%+21,266New
CIBC World Markets Inc.29,455$79.8K0.00%−2,716−8.4%Reduced
ProShare Advisors LLC28,447$77.4K0.00%−14,253−33.4%Reduced
First Affirmative Financial Network26,023$70.8K0.03%−3,337−11.4%Reduced
JustInvest LLC25,125$68.3K0.00%−5,334−17.5%Reduced
Baader Bank INC37,392$62.9K0.01%+26,851+254.7%Added
Walleye Capital LLC22,514$61.2K0.00%+22,514New
Citigroup Inc22,285$60.4K0.00%−18,602−45.5%Reduced
Mariner, LLC21,763$59.2K0.00%+318+1.5%Added
Barclays PLC20,514$55.8K0.00%−484,171−95.9%Reduced
Balyasny Asset Management LLC17,502$47.4K0.00%−598−3.3%Reduced
Hudson Bay Capital Management LP15,837$42.9K0.00%+15,837New
Sigma Planning Corp15,189$41.3K0.00%+15,189New
First Commonwealth Financial Corp14,881$40.5K0.01%00.0%Unchanged
Apollon Wealth Management, LLC14,450$39.3K0.00%+1,000+7.4%Added
DekaBank Deutsche Girozentrale15,071$39.0K0.00%00.0%Unchanged
SBI Securities Co., Ltd.13,219$36.0K0.00%−10,334−43.9%Reduced
Raymond James Financial Inc12,849$34.9K0.00%−49−0.4%Reduced
Scotia Capital Inc.12,740$33.9K0.00%−107,081−89.4%Reduced
Two Sigma Securities, LLC12,277$33.4K0.00%+12,277New
Arete Wealth Advisors, LLC11,150$30.0K0.00%00.0%Unchanged
Douglass Winthrop Advisors, LLC11,000$29.9K0.00%00.0%Unchanged
Gotham Asset Management, LLC10,032$27.3K0.00%−20,376−67.0%Reduced
Bank Julius Baer & Co. Ltd, Zurich9,992$27.2K0.00%+2,564+34.5%Added
TD Waterhouse Canada Inc.8,870$26.1K0.00%−480−5.1%Reduced
Advisor Group Holdings, Inc.10,404$23.3K0.00%−650−5.9%Reduced
Tower Research Capital LLC (TRC)8,456$23.0K0.00%+8,456New
Wells Fargo & Company8,121$22.0K0.00%−500−5.8%Reduced
Jones Financial Companies LLLP4,005$11.0K0.00%+221+5.8%Added
Rockefeller Capital Management L.P.3,048$8.29K0.00%+3,048New
Salem Investment Counselors Inc3,007$8.18K0.00%00.0%Unchanged
Caitong International Asset Management Co., Ltd2,875$7.82K0.01%−3,778−56.8%Reduced
Clear Street Markets LLC2,577$7.01K0.00%+2,577New