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Babcock & Wilcox Enterprises, Inc.

BW
Exchange
NYSE
Industry
Heating Equipment, Except Electric & Warm Air Furnaces
SEC CIK
0001630805

In the last 90 days, Babcock & Wilcox Enterprises, Inc. insiders filed 2 open-market purchases and 0 sales; 200 institutions reported holding it in 13F filings for Q2 2026, worth $1.85B in total; no superinvestor holds it.

Other share classesBW.PA

13F holders, Q4 2025

Institutional positions in Babcock & Wilcox Enterprises, 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
129
+38 vs. Q3 2025
Shares held
93.4M
+22.1M (+31.1%) vs. Q3 2025
Total value
$592.3M
+$385.5M (+186.3%) vs. Q3 2025
New holders
53
36 more added
Sold out
15
22 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 BW 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: 129 institutions
Q1 2021: 108 institutionsQ2 2021: 112 institutionsQ3 2021: 105 institutionsQ4 2021: 110 institutionsQ1 2022: 109 institutionsQ2 2022: 116 institutionsQ3 2022: 113 institutionsQ4 2022: 111 institutionsQ1 2023: 113 institutionsQ2 2023: 126 institutionsQ3 2023: 138 institutionsQ4 2023: 104 institutionsQ1 2024: 101 institutionsQ2 2024: 116 institutionsQ3 2024: 96 institutionsQ4 2024: 112 institutionsQ1 2025: 93 institutionsQ2 2025: 73 institutionsQ3 2025: 94 institutionsQ4 2025: 129 institutionsQ1 2026: 154 institutionsQ2 2026: 200 institutions
Value heldQ4 2025: $592.3M
Q1 2021: $609.3MQ2 2021: $530.9MQ3 2021: $428.0MQ4 2021: $614.2MQ1 2022: $565.6MQ2 2022: $424.5MQ3 2022: $474.7MQ4 2022: $576.9MQ1 2023: $454.2MQ2 2023: $451.0MQ3 2023: $320.4MQ4 2023: $106.5MQ1 2024: $82.1MQ2 2024: $98.1MQ3 2024: $138.2MQ4 2024: $115.0MQ1 2025: $44.8MQ2 2025: $54.1MQ3 2025: $208.9MQ4 2025: $592.3MQ1 2026: $1.57BQ2 2026: $1.85B
Institutions holding BW and their total value by quarter
QuarterHoldersValue
Q2 2026200$1.85B
Q1 2026154$1.57B
Q4 2025129$592.3M
Q3 202594$208.9M
Q2 202573$54.1M
Q1 202593$44.8M
Q4 2024112$115.0M
Q3 202496$138.2M
Q2 2024116$98.1M
Q1 2024101$82.1M
Q4 2023104$106.5M
Q3 2023138$320.4M
Q2 2023126$451.0M
Q1 2023113$454.2M
Q4 2022111$576.9M
Q3 2022113$474.7M
Q2 2022116$424.5M
Q1 2022109$565.6M
Q4 2021110$614.2M
Q3 2021105$428.0M
Q2 2021112$530.9M
Q1 2021108$609.3M

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Babcock & Wilcox Enterprises, Inc.; share changes are against Q3 2025.

Institutions holding BW in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
B. Riley Financial, Inc.27,446,522$174.0M74.38%00.0%Unchanged
Hood River Capital Management LLC10,648,389$67.5M0.74%+10,648,389New
Neuberger Berman Group LLC6,063,168$38.4M0.03%−128,904−2.1%Reduced
Legal & General Group Plc5,380,991$34.1M0.01%+523,776+10.8%Added
Gendell Jeffrey L5,046,068$32.0M0.56%+293,245+6.2%Added
Vanguard Group Inc4,734,991$30.0M0.00%+311,748+7.0%Added
Marshall Wace, LLP3,371,134$21.4M0.02%+1,004,533+42.4%Added
Vantage Consulting Group Inc2,416,200$15.3M77.68%00.0%Unchanged
Ameriprise Financial Inc2,401,641$15.2M0.00%+2,401,641New
Driehaus Capital Management LLC2,275,156$14.4M0.10%+2,275,156New
UBS Group AG1,445,218$9.16M0.00%+1,183,893+453.0%Added
BlackRock, Inc.1,371,166$8.69M0.00%+495,621+56.6%Added
Situational Awareness LP1,353,900$8.58M0.22%+1,353,900New
Archon Capital Management LLC1,325,045$8.40M4.78%−530,500−28.6%Reduced
CastleKnight Management LP1,312,950$8.32M0.47%−1,308,363−49.9%Reduced
Jane Street Group, LLC1,299,462$8.24M0.01%+70,298+5.7%Added
Millennium Management LLC1,250,101$7.93M0.01%−1,296,399−50.9%Reduced
Geode Capital Management, LLC931,668$5.91M0.00%+147,986+18.9%Added
BNP Paribas Arbitrage, SA928,319$5.89M0.00%+927,833+190,912.1%Added
Citadel Advisors LLC857,507$5.44M0.00%+639,712+293.7%Added
Susquehanna International Group, LLP791,043$5.02M0.01%+450,609+132.4%Added
D. E. Shaw & Co., Inc.772,100$4.90M0.00%00.0%Unchanged
Saba Capital Management, L.P.681,105$4.32M0.14%+681,105New
Morgan Stanley642,573$4.07M0.00%+609,199+1,825.4%Added
SEI Investments Co614,692$3.90M0.00%+579,676+1,655.5%Added
Qube Research & Technologies Ltd466,294$2.96M0.00%+442,343+1,846.9%Added
Citizens Financial Group Inc385,000$2.44M0.03%−15,000−3.8%Reduced
State Street Corp374,014$2.37M0.00%+45,695+13.9%Added
Goldman Sachs Group Inc358,790$2.27M0.00%+193,462+117.0%Added
Royce & Associates LP355,000$2.25M0.02%+355,000New
Renaissance Technologies LLC345,500$2.19M0.00%+295,800+595.2%Added
Arrowstreet Capital, Limited Partnership339,020$2.15M0.00%+339,020New
Palumbo Wealth Management LLC297,681$1.89M0.47%+82,118+38.1%Added
Connor, Clark & Lunn Investment Management Ltd.294,924$1.87M0.00%+249,384+547.6%Added
HRT Financial LP292,008$1.85M0.01%+292,008New
Global Retirement Partners, LLC291,597$1.85M0.03%+266,997+1,085.4%Added
Assenagon Asset Management S.A.277,744$1.76M0.00%−478−0.2%Reduced
XTX Topco Ltd260,360$1.65M0.04%+181,768+231.3%Added
Northern Trust Corp195,276$1.24M0.00%+15,535+8.6%Added
Acadian Asset Management LLC195,236$1.24M0.00%+195,236New
EAM Investors, LLC194,323$1.23M0.14%−37,293−16.1%Reduced
Covestor Ltd175,127$1.11M0.58%+35,262+25.2%Added
Y-Intercept (Hong Kong) Ltd159,015$1.01M0.02%+159,015New
Kestra Advisory Services, LLC143,850$912.0K0.00%−63,660−30.7%Reduced
Quinn Opportunity Partners LLC122,780$778.4K0.03%+42,780+53.5%Added
Polen Capital Management LLC122,280$775.3K0.00%+122,280New
Bridgeway Capital Management, LLC121,000$767.1K0.02%00.0%Unchanged
Landscape Capital Management, L.L.C.108,506$687.9K0.05%+108,506New
Gsa Capital Partners LLP100,106$635.0K0.05%+100,106New
Squarepoint Ops LLC100,004$634.0K0.00%+100,004New
GatePass Capital, LLC100,000$634.0K0.33%+100,000New
Mangrove Partners92,842$588.6K0.05%+92,842New
Thompson Davis & Co., Inc.91,325$579.0K0.35%−5,225−5.4%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.89,550$568.6K0.00%+89,550New
JPMorgan Chase & Co84,663$536.8K0.00%+84,663New
Barclays PLC84,118$533.3K0.00%+84,017+83,185.1%Added
Group One Trading, L.P.70,332$445.9K0.01%−327,170−82.3%Reduced
Verition Fund Management LLC67,500$427.9K0.00%−812,953−92.3%Reduced
Farther Finance Advisors, LLC66,840$423.8K0.00%+66,840New
Potomac Capital Management, Inc.64,000$405.8K0.34%+64,000New
Bank of America Corp59,474$377.1K0.00%+33,978+133.3%Added
Bank of New York Mellon Corp54,129$343.2K0.00%+54,129New
Charles Schwab Investment Management Inc51,145$324.3K0.00%00.0%Unchanged
Ironwood Investment Management LLC50,434$319.8K0.13%−160,873−76.1%Reduced
Corsair Capital Management, L.P.50,000$317.0K0.05%+50,000New
Tudor Investment Corp Et Al49,495$313.8K0.00%−153,251−75.6%Reduced
Balyasny Asset Management LLC47,984$304.2K0.00%+47,984New
Gotham Asset Management, LLC41,477$263.0K0.00%+41,477New
Hudson Bay Capital Management LP40,300$255.5K0.00%+40,300New
Lombard Odier Asset Management (USA) Corp39,979$253.5K0.10%−134,271−77.1%Reduced
Tower Research Capital LLC (TRC)39,888$252.9K0.01%+39,700+21,117.0%Added
Omers Administration Corp38,500$244.1K0.00%+38,500New
ACT Capital Management, LLC36,500$231.4K0.19%+36,500New
Winton Group Ltd32,179$204.0K0.01%+32,179New
Grantham, Mayo, Van Otterloo & Co. LLC29,860$189.3K0.00%+29,860New
Cinctive Capital Management LP28,798$182.6K0.01%+28,798New
Lighthouse Investment Partners, LLC26,760$169.7K0.01%+26,760New
SG Americas Securities, LLC25,966$165.0K0.00%+25,966New
Engineers Gate Manager LP26,021$165.0K0.00%+26,021New
Schonfeld Strategic Advisors LLC20,777$131.7K0.00%+20,777New
Shikiar Asset Management Inc20,000$127.0K0.03%−27,500−57.9%Reduced
Wells Fargo & Company20,026$127.0K0.00%+17,500+692.8%Added
Skopos Labs, Inc.22,793$126.3K0.01%+22,793New
Janney Montgomery Scott LLC19,400$123.0K0.00%+4,400+29.3%Added
Jefferies Financial Group Inc.19,000$120.5K0.00%−6,600−25.8%Reduced
US Bancorp17,985$114.0K0.00%+17,985New
Scientech Research LLC17,506$111.0K0.07%+17,506New
Pekin Hardy Strauss, Inc.17,500$111.0K0.01%+17,500New
Mariner, LLC16,608$105.3K0.00%+1,620+10.8%Added
Citigroup Inc15,431$97.8K0.00%+15,402+53,110.3%Added
Chicago Partners Investment Group LLC10,000$94.5K0.00%+10,000New
Advisor Group Holdings, Inc.14,623$92.7K0.00%+520+3.7%Added
Riggs Asset Managment Co. Inc.14,285$90.6K0.02%00.0%Unchanged
Independent Advisor Alliance14,250$90.3K0.00%00.0%Unchanged
Quantbot Technologies LP13,929$88.3K0.00%+13,915+99,392.9%Added
SummitTX Capital, L.P.13,304$84.3K0.00%+13,304New
Caption Management, LLC13,000$82.4K0.00%+13,000New
LPL Financial LLC12,673$80.3K0.00%+12,673New
Victory Capital Management Inc12,067$76.5K0.00%+12,067New
Raymond James Financial Inc11,007$69.8K0.00%−1,089−9.0%Reduced