Best Buy
867 hedge funds and large institutions have $12.7B invested in Best Buy in 2026 Q1 according to their latest regulatory filings, with 102 funds opening new positions, 356 increasing their positions, 301 reducing their positions, and 134 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 356 | Existing positions reduced: 301
18% more call options, than puts
Call options by funds: $391M | Put options by funds: $332M
1.99% less ownership
Funds ownership: 96.68% → 94.69% (-2%)
5% less funds holding
Funds holding: 913 → 867 (-46)
6% less capital invested
Capital invested by funds: $13.6B → $12.7B (-$856M)
24% less first-time investments, than exits
New positions opened: 102 | Existing positions closed: 134
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
+$164M |
| 2 |
Los Angeles Capital Management
Los Angeles,
California
|
+$71.3M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$68.9M |
| 4 |
Renaissance Technologies
New York
|
+$50.6M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$50.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$198M |
| 2 |
Charles Schwab
San Francisco,
California
|
-$84.4M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$82.5M |
| 4 |
Janus Henderson Group
London,
|
-$82.2M |
| 5 |
JP Morgan Chase
New York
|
-$76.4M |
BBY Hedge Fund Activity: Q1 2026 in Review
867 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in Best Buy (BBY) for Q1 2026, worth a combined $12.7B — down 6.3% from $13.6B a quarter earlier.
Sellers outnumbered buyers: 134 funds closed out of BBY and 102 opened new positions — a net loss of 32 holders — while 301 trimmed existing stakes and 356 added.
The largest buyer was Geode Capital Management, adding an estimated $164M. The largest seller was AQR Capital Management, cutting an estimated $198M.
- 867 institutional investors held Best Buy (BBY) as of Q1 2026, down from 913 in Q4 2025.
- Funds reported $12.7B of Best Buy stock for Q1 2026, down 6.3% quarter-over-quarter.
- 102 funds opened new Best Buy positions in Q1 2026 and 134 closed out, a net change of -32 holders.
- The largest Best Buy buyer in Q1 2026 was Geode Capital Management, an estimated $164M added.
- The largest Best Buy seller in Q1 2026 was AQR Capital Management, an estimated $198M sold.
Based on aggregated 13F filings for Q1 2026.