Bentley Systems
444 hedge funds and large institutions have $5.31B invested in Bentley Systems in 2026 Q1 according to their latest regulatory filings, with 80 funds opening new positions, 167 increasing their positions, 159 reducing their positions, and 121 closing their positions.
458% more call options, than puts
Call options by funds: $11M | Put options by funds: $1.97M
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
3.66% more ownership
Funds ownership: 48.24% → 51.89% (+3.7%)
5% more repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 159
1% less capital invested
Capital invested by funds: $5.39B → $5.31B (-$77.8M)
9% less funds holding
Funds holding: 490 → 444 (-46)
34% less first-time investments, than exits
New positions opened: 80 | Existing positions closed: 121
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$260M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$126M |
| 3 |
Pictet Asset Management
Carouge,
Switzerland
|
+$103M |
| 4 |
Goldman Sachs
New York
|
+$78.8M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$66.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$213M |
| 2 |
BlackRock
New York
|
-$150M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$37M |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$34M |
| 5 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$32.7M |
BSY Hedge Fund Activity: Q1 2026 in Review
444 of the 8,186 institutional investors tracked by Wall St. Rank reported a position in Bentley Systems (BSY) for Q1 2026, worth a combined $5.31B — down 1.4% from $5.39B a quarter earlier.
Sellers outnumbered buyers: 121 funds closed out of BSY and 80 opened new positions — a net loss of 41 holders — while 159 trimmed existing stakes and 167 added.
The largest buyer was T. Rowe Price Investment Management, adding an estimated $260M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $213M.
- 444 institutional investors held Bentley Systems (BSY) as of Q1 2026, down from 490 in Q4 2025.
- Funds reported $5.31B of Bentley Systems stock for Q1 2026, down 1.4% quarter-over-quarter.
- 80 funds opened new Bentley Systems positions in Q1 2026 and 121 closed out, a net change of -41 holders.
- The largest Bentley Systems buyer in Q1 2026 was T. Rowe Price Investment Management, an estimated $260M added.
- The largest Bentley Systems seller in Q1 2026 was Kayne Anderson Rudnick Investment Management, an estimated $213M sold.
Based on aggregated 13F filings for Q1 2026.