Bentley Systems
455 hedge funds and large institutions have $6.97B invested in Bentley Systems in 2025 Q2 according to their latest regulatory filings, with 83 funds opening new positions, 166 increasing their positions, 155 reducing their positions, and 62 closing their positions.
284% more call options, than puts
Call options by funds: $60M | Put options by funds: $15.6M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
53% more capital inflows, than outflows
Capital inflows: $861M | Capital outflows: $564M
34% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 62
4% more funds holding
Funds holding: 439 → 455 (+16)
1.97% more ownership
Funds ownership: 42.28% → 44.25% (+2%)
7% more repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 155
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$203M |
| 2 |
Morgan Stanley
New York
|
+$133M |
| 3 |
Bank of New York Mellon
New York
|
+$95.7M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$46M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$31.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$68.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$54.8M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$44.3M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$42.9M |
| 5 |
D.E. Shaw & Co
New York
|
-$31.8M |
BSY Hedge Fund Activity: Q2 2025 in Review
455 of the 7,630 institutional investors tracked by Wall St. Rank reported a position in Bentley Systems (BSY) for Q2 2025, worth a combined $6.97B — up 44% from $4.85B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new BSY positions and 62 closed out — a net gain of 21 holders — while 166 added to existing stakes and 155 trimmed.
The largest buyer was BlackRock, adding an estimated $203M. The largest seller was Millennium Management, cutting an estimated $68.2M.
- 455 institutional investors held Bentley Systems (BSY) as of Q2 2025, up from 439 in Q1 2025.
- Funds reported $6.97B of Bentley Systems stock for Q2 2025, up 44% quarter-over-quarter.
- 83 funds opened new Bentley Systems positions in Q2 2025 and 62 closed out, a net change of +21 holders.
- The largest Bentley Systems buyer in Q2 2025 was BlackRock, an estimated $203M added.
- The largest Bentley Systems seller in Q2 2025 was Millennium Management, an estimated $68.2M sold.
Based on aggregated 13F filings for Q2 2025.