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, Q4 2025
Institutional positions in Ballard Power Systems 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
- 135
- −1 vs. Q3 2025
- Shares held
- 87.7M
- +11.5M (+15.1%) vs. Q3 2025
- Total value
- $223.0M
- +$15.6M (+7.5%) vs. Q3 2025
- New holders
- 27
- 40 more added
- Sold out
- 28
- 39 more reduced
3 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 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 166 | $405.5M |
| Q1 2026 | 149 | $216.6M |
| Q4 2025 | 135 | $223.0M |
| Q3 2025 | 139 | $207.5M |
| Q2 2025 | 132 | $120.1M |
| Q1 2025 | 148 | $63.4M |
| Q4 2024 | 155 | $107.3M |
| Q3 2024 | 146 | $110.8M |
| Q2 2024 | 174 | $164.5M |
| Q1 2024 | 164 | $189.6M |
| Q4 2023 | 183 | $245.2M |
| Q3 2023 | 175 | $269.4M |
| Q2 2023 | 197 | $326.4M |
| Q1 2023 | 187 | $426.3M |
| Q4 2022 | 190 | $403.7M |
| Q3 2022 | 198 | $536.8M |
| Q2 2022 | 225 | $532.1M |
| Q1 2022 | 233 | $986.4M |
| Q4 2021 | 246 | $1.13B |
| Q3 2021 | 248 | $1.20B |
| Q2 2021 | 241 | $1.37B |
| Q1 2021 | 252 | $2.08B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Ballard Power Systems Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Morgan Stanley | 12,793,799 | $32.5M | 0.00% | +7,210,317+129.1% | Added |
| Two Sigma Investments, LP | 6,769,185 | $17.2M | 0.03% | +486,544+7.7% | Added |
| Legal & General Group Plc | 6,430,198 | $16.4M | 0.00% | −7,029,531−52.2% | Reduced |
| Two Sigma Advisers, LP | 6,242,000 | $15.9M | 0.03% | +204,800+3.4% | Added |
| Invesco Ltd. | 4,968,824 | $12.6M | 0.00% | +1,625,542+48.6% | Added |
| D. E. Shaw & Co., Inc. | 4,953,075 | $12.6M | 0.01% | +4,117,293+492.6% | Added |
| State Street Corp | 4,923,220 | $12.5M | 0.00% | −756,351−13.3% | Reduced |
| BNP Paribas Arbitrage, SA | 3,993,972 | $10.1M | 0.01% | +2,682,355+204.5% | Added |
| Citadel Advisors LLC | 3,598,614 | $9.14M | 0.01% | +2,458,113+215.5% | Added |
| UBS Group AG | 2,825,009 | $7.18M | 0.00% | −609,471−17.7% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 2,762,046 | $7.02M | 0.01% | +1,063,279+62.6% | Added |
| Millennium Management LLC | 2,414,800 | $6.14M | 0.00% | +350,395+17.0% | Added |
| Jane Street Group, LLC | 2,290,146 | $5.82M | 0.01% | +1,677,014+273.5% | Added |
| Van Eck Associates Corp | 2,270,333 | $5.77M | 0.00% | −74,844−3.2% | Reduced |
| Great West Life Assurance Co | 1,834,806 | $4.66M | 0.01% | −931,456−33.7% | Reduced |
| Goldman Sachs Group Inc | 1,652,874 | $4.20M | 0.00% | −2,286,710−58.0% | Reduced |
| Dimensional Fund Advisors LP | 1,547,865 | $3.93M | 0.00% | +635,537+69.7% | Added |
| JPMorgan Chase & Co | 1,418,389 | $3.60M | 0.00% | +726,188+104.9% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 1,202,472 | $3.07M | 0.01% | −252,170−17.3% | Reduced |
| Qube Research & Technologies Ltd | 1,018,323 | $2.59M | 0.00% | +1,018,323 | New |
| Storebrand Asset Management AS | 864,712 | $2.20M | 0.01% | −296,207−25.5% | Reduced |
| First Trust Advisors LP | 715,013 | $1.82M | 0.00% | +2,949+0.4% | Added |
| Gsa Capital Partners LLP | 709,304 | $1.80M | 0.16% | +369,137+108.5% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 606,241 | $1.62M | 0.00% | −527,713−46.5% | Reduced |
| Walleye Trading LLC | 553,779 | $1.41M | 0.02% | +32,637+6.3% | Added |
| Swiss National Bank | 506,100 | $1.29M | 0.00% | +506,100 | New |
| Aquatic Capital Management LLC | 497,046 | $1.26M | 0.04% | +497,046 | New |
| Walleye Capital LLC | 442,763 | $1.12M | 0.01% | +420,249+1,866.6% | Added |
| Headlands Technologies LLC | 407,189 | $1.03M | 0.09% | −14,428−3.4% | Reduced |
| Geode Capital Management, LLC | 380,369 | $967.9K | 0.00% | +175,086+85.3% | Added |
| XTX Topco Ltd | 372,895 | $947.2K | 0.02% | +341,142+1,074.4% | Added |
| Alps Advisors Inc | 357,702 | $908.6K | 0.01% | −23,358−6.1% | Reduced |
| TD Asset Management Inc | 349,341 | $892.0K | 0.00% | +20,988+6.4% | Added |
| Bank of America Corp | 333,775 | $847.8K | 0.00% | +236,084+241.7% | Added |
| Royal Bank of Canada | 328,326 | $835.0K | 0.00% | −2,330,186−87.7% | Reduced |
| Quadrature Capital Ltd | 301,074 | $764.7K | 0.01% | +261,486+660.5% | Added |
| Vanguard Group Inc | 244,319 | $623.0K | 0.00% | +244,319 | New |
| Mackenzie Financial Corp | 240,494 | $613.3K | 0.00% | +93,835+64.0% | Added |
| Amundi | 207,296 | $526.5K | 0.00% | −14,474−6.5% | Reduced |
| Nuveen, LLC | 180,638 | $461.2K | 0.00% | +180,638 | New |
| Benjamin Edwards Inc | 167,550 | $425.6K | 0.00% | +3,160+1.9% | Added |
| SG Americas Securities, LLC | 154,188 | $392.0K | 0.00% | −5,896−3.7% | Reduced |
| Marex Group plc | 152,761 | $388.0K | 0.00% | 00.0% | Unchanged |
| HSBC Holdings PLC | 151,574 | $385.0K | 0.00% | +29,699+24.4% | Added |
| Graham Capital Management, L.P. | 144,145 | $366.1K | 0.01% | +43,941+43.9% | Added |
| Squarepoint Ops LLC | 141,095 | $358.4K | 0.00% | +141,095 | New |
| Bruni J V & Co | 135,470 | $344.1K | 0.03% | −67,297−33.2% | Reduced |
| Engineers Gate Manager LP | 125,995 | $320.0K | 0.00% | +125,995 | New |
| Leonteq Securities AG | 120,936 | $319.2K | 0.02% | −35,705−22.8% | Reduced |
| Occudo Quantitative Strategies LP | 100,023 | $254.1K | 0.02% | +100,023 | New |
| Susquehanna International Group, LLP | 99,204 | $252.0K | 0.00% | −256,182−72.1% | Reduced |
| Scotia Capital Inc. | 95,344 | $242.2K | 0.00% | +82,604+648.4% | Added |
| Stifel Financial Corp | 92,406 | $234.7K | 0.00% | −2,432−2.6% | Reduced |
| LPL Financial LLC | 86,133 | $218.8K | 0.00% | +2,080+2.5% | Added |
| Oxford Asset Management LLP | 79,142 | $201.0K | 0.07% | +79,142 | New |
| American Century Companies Inc | 68,831 | $175.5K | 0.00% | +12,033+21.2% | Added |
| Federation des caisses Desjardins du Quebec | 66,075 | $168.1K | 0.00% | −4,000−5.7% | Reduced |
| Public Employees Retirement System of Ohio | 65,675 | $167.7K | 0.00% | +65,675 | New |
| Commonwealth Equity Services, LLC | 58,554 | $148.7K | 0.00% | −2,229−3.7% | Reduced |
| ProShare Advisors LLC | 56,784 | $144.2K | 0.00% | +28,337+99.6% | Added |
| Voleon Capital Management LP | 56,654 | $143.9K | 0.00% | +56,654 | New |
| Pictet Asset Management Holding SA | 52,687 | $134.5K | 0.00% | +52,687 | New |
| Banque Cantonale Vaudoise | 51,384 | $131.0K | 0.00% | −36,749−41.7% | Reduced |
| Bank of Montreal | 49,374 | $125.9K | 0.00% | +14,920+43.3% | Added |
| SIG North Trading, ULC | 46,338 | $117.7K | 0.02% | −13,289−22.3% | Reduced |
| Vontobel Holding Ltd. | 46,097 | $117.5K | 0.00% | +10,000+27.7% | Added |
| J. Derek Lewis & Associates Inc. | 46,000 | $116.8K | 0.03% | +46,000 | New |
| National Bank of Canada | 52,593 | $110.5K | 0.00% | −613−1.2% | Reduced |
| Jump Financial, LLC | 40,650 | $103.3K | 0.00% | +40,650 | New |
| BlackRock, Inc. | 36,875 | $93.7K | 0.00% | −1,666−4.3% | Reduced |
| Schonfeld Strategic Advisors LLC | 35,751 | $90.8K | 0.00% | +35,751 | New |
| CIBC Asset Management Inc | 34,749 | $88.6K | 0.00% | +34,749 | New |
| Freemont Management S.A. | 30,000 | $76.2K | 0.02% | 00.0% | Unchanged |
| CIBC World Markets Inc. | 29,556 | $75.4K | 0.00% | +101+0.3% | Added |
| JustInvest LLC | 24,107 | $61.2K | 0.00% | −1,018−4.1% | Reduced |
| Toronto Dominion Bank | 23,940 | $61.0K | 0.00% | −20,886−46.6% | Reduced |
| Daiwa Securities Group Inc. | 24,099 | $61.0K | 0.00% | −9,481−28.2% | Reduced |
| Mariner, LLC | 22,971 | $58.3K | 0.00% | +1,208+5.6% | Added |
| Citigroup Inc | 21,579 | $55.1K | 0.00% | −706−3.2% | Reduced |
| Aigen Investment Management, LP | 21,026 | $53.4K | 0.01% | +21,026 | New |
| Tower Research Capital LLC (TRC) | 20,713 | $52.6K | 0.00% | +12,257+145.0% | Added |
| Two Sigma Securities, LLC | 19,981 | $50.8K | 0.01% | +7,704+62.8% | Added |
| DekaBank Deutsche Girozentrale | 15,071 | $44.0K | 0.00% | 00.0% | Unchanged |
| Sigma Planning Corp | 15,093 | $38.3K | 0.00% | −96−0.6% | Reduced |
| Caitong International Asset Management Co., Ltd | 15,024 | $38.2K | 0.01% | +12,149+422.6% | Added |
| Raymond James Financial Inc | 14,943 | $38.0K | 0.00% | +2,094+16.3% | Added |
| First Commonwealth Financial Corp | 14,881 | $37.8K | 0.01% | 00.0% | Unchanged |
| Group One Trading, L.P. | 14,560 | $37.0K | 0.00% | −259,014−94.7% | Reduced |
| Apollon Wealth Management, LLC | 14,450 | $36.7K | 0.00% | 00.0% | Unchanged |
| SBI Securities Co., Ltd. | 12,672 | $32.2K | 0.00% | −547−4.1% | Reduced |
| HRT Financial LP | 12,240 | $31.0K | 0.00% | −102,790−89.4% | Reduced |
| Advisor Group Holdings, Inc. | 11,577 | $29.4K | 0.00% | +1,173+11.3% | Added |
| Toroso Investments, LLC | 11,307 | $28.7K | 0.00% | +11,307 | New |
| Intesa Sanpaolo S.p.A. | 11,150 | $28.3K | 0.00% | +11,150 | New |
| Douglass Winthrop Advisors, LLC | 11,000 | $27.9K | 0.00% | 00.0% | Unchanged |
| Swiss Life Asset Management Ltd | 10,147 | $25.9K | 0.00% | +10,147 | New |
| Rockefeller Capital Management L.P. | 10,000 | $25.4K | 0.00% | +6,952+228.1% | Added |
| TD Waterhouse Canada Inc. | 8,185 | $20.8K | 0.00% | −685−7.7% | Reduced |
| Russell Investments Group, Ltd. | 7,741 | $19.8K | 0.00% | +7,741 | New |
| Deutsche Bank AG | 7,156 | $18.2K | 0.00% | +7,156 | New |