Bentley Systems
398 hedge funds and large institutions have $4.68B invested in Bentley Systems in 2026 Q2 according to their latest regulatory filings, with 61 funds opening new positions, 135 increasing their positions, 163 reducing their positions, and 103 closing their positions.
572% more call options, than puts
Call options by funds: $10.6M | Put options by funds: $1.58M
1.66% more ownership
Funds ownership: 51.9% → 53.56% (+1.7%)
10% less funds holding
Funds holding: 444 → 398 (-46)
12% less capital invested
Capital invested by funds: $5.31B → $4.68B (-$627M)
17% less repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 163
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
41% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 103
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$85.2M |
| 2 |
Millennium Management
New York
|
+$73M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$44.1M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$41.6M |
| 5 |
Citigroup
New York
|
+$31.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$171M |
| 2 |
Goldman Sachs
New York
|
-$43.6M |
| 3 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$41.1M |
| 4 |
SC
Seldon Capital
San Francisco,
California
|
-$27.9M |
| 5 |
NAMI
Nomura Asset Management International
Philadelphia,
Pennsylvania
|
-$26.9M |
BSY Hedge Fund Activity: Q2 2026 in Review
398 of the 8,349 institutional investors tracked by Wall St. Rank reported a position in Bentley Systems (BSY) for Q2 2026, worth a combined $4.68B — down 12% from $5.31B a quarter earlier.
Sellers outnumbered buyers: 103 funds closed out of BSY and 61 opened new positions — a net loss of 42 holders — while 163 trimmed existing stakes and 135 added.
The largest buyer was William Blair Investment Management, adding an estimated $85.2M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $171M.
- 398 institutional investors held Bentley Systems (BSY) as of Q2 2026, down from 444 in Q1 2026.
- Funds reported $4.68B of Bentley Systems stock for Q2 2026, down 12% quarter-over-quarter.
- 61 funds opened new Bentley Systems positions in Q2 2026 and 103 closed out, a net change of -42 holders.
- The largest Bentley Systems buyer in Q2 2026 was William Blair Investment Management, an estimated $85.2M added.
- The largest Bentley Systems seller in Q2 2026 was Kayne Anderson Rudnick Investment Management, an estimated $171M sold.
Based on aggregated 13F filings for Q2 2026.