BRISTOL-MYERS SQUIBB CO (BMY) — Hedge Fund Ownership Q4 2025
BMY
- BRISTOL-MYERS SQUIBB CO (BMY) is held by 10 of 81 tracked hedge funds, with Pzena Investment Management (3%) and Miller Value Partners (2%) holding the largest stakes, indicating moderate hedge fund interest relative to peers.
- The biggest increases in BMY holdings came from Pzena Investment Management (+20%) and Third Avenue Management (+16%), highlighting conviction.
- The biggest decreases in BMY holdings came from Dodge & Cox (-5%) and Kahn Brothers Group (-26%), suggesting profit-taking or de-risking.
- 1 hedge fund exited BMY.
- Overall, hedge funds increased exposure to BRISTOL-MYERS SQUIBB CO (BMY) by +11% vs the prior quarter and -14% vs prior year.
| # | Fund | % of Portfolio † | Shares † | Shares vs Prior Quarter † | Shares vs Prior Year † | Aggregate Value † | Reported Price * | Option |
|---|---|---|---|---|---|---|---|---|
| 1 |
Pzena Investment Management Richard Pzena
|
2.90% | 17.9M | +20.41% | +34.90% | $967.9M | $53.94 | — |
| 2 |
Miller Value Partners Bill Miller
|
2.05% | 108K | — | — | $5.8M | $53.94 | — |
| 3 |
Kahn Brothers Group Irving Kahn
|
1.93% | 202K | -25.75% | -70.71% | $10.9M | $53.94 | — |
| 4 |
Hillman Capital Management Mark Hillman
|
1.83% | 54K | -22.28% | -52.94% | $2.9M | $53.94 | — |
| 5 |
Ariel Investments
|
0.43% | 733K | NEW | — | $39.5M | $53.94 | — |
| 6 |
Dodge & Cox
|
0.21% | 7.1M | -4.65% | -54.04% | $381.8M | $53.94 | — |
| 7 |
Third Avenue Management
|
0.07% | 17K | +16.42% | — | $908,457 | $53.94 | — |
| 8 |
Tweedy, Browne Tweedy, Browne Co LLC
|
0.07% | 17K | +16.42% | — | $908,457 | $53.94 | — |
| 9 |
Matrix Asset Advisors David Katz
|
0.02% | 4K | NEW | -27.90% | $211,930 | $53.94 | — |
| 10 |
Mairs & Power
|
0.01% | 25K | -5.51% | -4.68% | $1.3M | $53.94 | — |
| — |
Jensen Investment Management
|
— | — | EXITED | — | — | — | — |
| 10 | Total | — | 26.2M | +11.32% | -14.36% | $1.41B | — | — |
* Reported price is not an actual purchase or sale price. It is the price as of the last portfolio date.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.