% of shares outstanding not shown: this line files 20-F annual reports only — a foreign private issuer whose US listing trades as ADSs (depositary receipts), while its cover-page share count is in ORDINARY shares. The depositary ratio is not in our data. The count we hold for this line is 150,833,916 shares (as of 2025-12-31, source dei). Dividing one by the other is wrong by the whole ratio (a 5:1 ADR reads one fifth of the true percentage), so the percentage is withheld rather than served wrong. Holder share counts are shown as filed.
Crowding percentile withheld — no market cap for BLSH in the served universe — the cohort is size-matched, and an unmatched percentile would compare a micro-cap register to a mega-cap one.
| # | Holder | Shares | Value | % of shares out | Δ QoQ |
|---|---|---|---|---|---|
| 1 | FMR LLC | 6,796,3766.8M | $243M | — | ADD 37% |
| 2 | ARK Investment Management LLC | 6,562,0396.6M | $234M | — | ADD 36% |
| 3 | Amova Asset Management Americas, Inc. | 3,836,0633.8M | $137M | — | ADD 52% |
| 4 | Sumitomo Mitsui Trust Group, Inc. | 3,833,8863.8M | $137M | — | ADD 52% |
| 5 | BlackRock, Inc. | 1,980,6532.0M | $71M | — | TRIM -29% |
| 6 | Invesco Ltd. | 1,693,5711.7M | $61M | — | TRIM -23% |
| 7 | T. Rowe Price Investment Management, Inc. | 1,315,6191.3M | $47M | — | TRIM -15% |
| 8 | Stephens Investment Management Group LLC | 1,178,5991.2M | $42M | — | ADD 39% |
| 9 | JANUS HENDERSON GROUP PLC | 1,041,2161.0M | $37M | — | TRIM -16% |
| 10 | VAN ECK ASSOCIATES CORP | 801,867801,867 | $29M | — | ADD 24% |
| 11 | Galaxy Digital Inc. | 625,000625,000 | $22M | — | NEW |
| 12 | Alyeska Investment Group, L.P. | 623,559623,559 | $22M | — | — |
| 13 | UBS Group AG | 599,633599,633 | $21M | — | TRIM -54% |
| 14 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 430,040430,040 | $15M | — | TRIM -73% |
| 15 | STATE STREET CORP | 345,939345,939 | $12M | — | ADD 26% |
| 16 | EXCHANGE TRADED CONCEPTS, LLC | 307,777307,777 | $11M | — | ADD 131% |
| 17 | GEODE CAPITAL MANAGEMENT, LLC | 295,573295,573 | $11M | — | TRIM -6% |
| 18 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 279,058279,058 | $10M | — | TRIM -13% |
| 19 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 270,117270,117 | $10M | — | ADD 5% |
| 20 | FEDERATED HERMES, INC. | 250,000250,000 | $9M | — | NEW |
| 21 | AQR CAPITAL MANAGEMENT LLC | 249,322249,322 | $9M | — | NEW |
| 22 | Tidal Investments LLC | 225,676225,676 | $8M | — | — |
| 23 | INTRINSIC EDGE CAPITAL MANAGEMENT LLC | 219,154219,154 | $8M | — | NEW |
| 24 | GOLDMAN SACHS GROUP INC | 218,504218,504 | $8M | — | ADD 437% |
| 25 | MORGAN STANLEY | 209,957209,957 | $8M | — | ADD 29% |
| 26 | Freestone Grove Partners LP | 204,868204,868 | $7M | — | TRIM -24% |
| 27 | Rovida Investment Management Ltd | 200,000200,000 | $7M | — | — |
| 28 | Blackstone Inc. | 200,000200,000 | $7M | — | — |
| 29 | IQ EQ FUND MANAGEMENT (IRELAND) Ltd | 191,428191,428 | $7M | — | ADD 39% |
| 30 | Robeco Institutional Asset Management B.V. | 180,000180,000 | $6M | — | ADD 13% |
| 31 | RENAISSANCE TECHNOLOGIES LLC | 156,833156,833 | $6M | — | ADD 178% |
| 32 | LMR Partners LLP | 153,204153,204 | $5M | — | — |
| 33 | Gotham Asset Management, LLC | 150,545150,545 | $5M | — | ADD 194% |
| 34 | SEVEN GRAND MANAGERS, LLC | 150,000150,000 | $5M | — | — |
| 35 | LAZARD ASSET MANAGEMENT LLC | 136,453136,453 | $5M | — | — |
| 36 | Vestmark Advisory Solutions, Inc. | 129,818129,818 | $5M | — | ADD 63% |
| 37 | Rathbones Group PLC | 123,253123,253 | $4M | — | NEW |
| 38 | MILLENNIUM MANAGEMENT LLC | 118,583118,583 | $4M | — | ADD 19% |
| 39 | BANK OF AMERICA CORP /DE/ | 113,508113,508 | $4M | — | ADD 145% |
| 40 | VOLORIDGE INVESTMENT MANAGEMENT, LLC | 110,332110,332 | $4M | — | NEW |
| 41 | Ghisallo Capital Management LLC | 110,000110,000 | $4M | — | — |
| 42 | SOROS FUND MANAGEMENT LLC | 108,200108,200 | $4M | — | — |
| 43 | Bank of New York Mellon Corp | 106,772106,772 | $4M | — | ADD 41% |
| 44 | TIGER GLOBAL MANAGEMENT LLCtracked | 100,000100,000 | $4M | — | — |
| 45 | Marex Group plc | 96,65296,652 | $3M | — | TRIM -26% |
| 46 | VOYA INVESTMENT MANAGEMENT LLC | 81,34981,349 | $3M | — | — |
| 47 | NORTHERN TRUST CORP | 75,40475,404 | $3M | — | ADD 43% |
| 48 | Quantinno Capital Management LP | 68,77868,778 | $2M | — | NEW |
| 49 | MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 68,12368,123 | $2M | — | ADD 790% |
| 50 | IMC-Chicago, LLC | 65,03365,033 | $2M | — | NEW |
| 51 | TD Asset Management Inc | 63,67863,678 | $2M | — | ADD 30% |
| 52 | Harvest Portfolios Group Inc. | 58,79958,799 | $2M | — | ADD 12% |
| 53 | Nuveen, LLC | 56,62256,622 | $2M | — | TRIM -31% |
| 54 | LPL Financial LLC | 51,41251,412 | $2M | — | ADD 60% |
| 55 | ENVESTNET ASSET MANAGEMENT INC | 46,82746,827 | $2M | — | ADD 172% |
| 56 | JPMORGAN CHASE & CO | 46,88546,885 | $2M | — | TRIM -71% |
| 57 | Mitsubishi UFJ Asset Management Co., Ltd. | 42,80042,800 | $2M | — | — |
| 58 | Walleye Trading LLC | 41,72341,723 | $1M | — | NEW |
| 59 | IEQ CAPITAL, LLC | 41,14041,140 | $1M | — | NEW |
| 60 | Walleye Capital LLC | 37,03737,037 | $1M | — | ADD 4% |
| 61 | SEI INVESTMENTS CO | 36,82436,824 | $1M | — | ADD 73% |
| 62 | Oak Thistle LLC | 35,29335,293 | $1M | — | NEW |
| 63 | Rockefeller Capital Management L.P. | 33,96833,968 | $1M | — | ADD 109% |
| 64 | VANGUARD PORTFOLIO MANAGEMENT LLC | 32,35432,354 | $1M | — | NEW |
| 65 | Vident Advisory, LLC | 28,02228,022 | $1M | — | ADD 358% |
| 66 | VANGUARD CAPITAL MANAGEMENT LLC | 27,68427,684 | $989,149 | — | NEW |
| 67 | RHUMBLINE ADVISERS | 26,70426,704 | $954,104 | — | ADD 18% |
| 68 | WELLS FARGO & COMPANY/MN | 26,59926,599 | $950,382 | — | TRIM -17% |
| 69 | CAPTRUST FINANCIAL ADVISORS | 26,40026,400 | $943,233 | — | ADD 185% |
| 70 | BENJAMIN EDWARDS INC | 26,06926,069 | $931,344 | — | ADD 31% |
| 71 | Mariner, LLC | 26,06026,060 | $930,858 | — | NEW |
| 72 | ROYAL BANK OF CANADA | 25,33025,330 | $904,000 | — | — |
| 73 | Cetera Investment Advisers | 22,82522,825 | $815,537 | — | ADD 14% |
| 74 | Corient Private Wealth LLC | 22,73222,732 | $797,724 | — | NEW |
| 75 | SIMPLEX TRADING, LLC | 22,11722,117 | $790,240 | — | NEW |
| 76 | Boundless Plain Holdings Ltd | 21,97821,978 | $785,274 | — | TRIM -84% |
| 77 | B & T Capital Management DBA Alpha Capital Management | 21,90721,907 | $782,738 | — | ADD 41% |
| 78 | Cerity Partners LLC | 17,41017,410 | $622,059 | — | NEW |
| 79 | GROUP ONE TRADING LLC | 17,30817,308 | $618,415 | — | NEW |
| 80 | PRICE T ROWE ASSOCIATES INC /MD/ | 16,45916,459 | $589,000 | — | ADD 8% |
| 81 | Renaissance Capital LLC | 15,31115,311 | $577,684 | — | TRIM -27% |
| 82 | NOMURA HOLDINGS INC | 15,18915,189 | $542,703 | — | TRIM -56% |
| 83 | READYSTATE ASSET MANAGEMENT LP | 15,00015,000 | $535,950 | — | TRIM -50% |
| 84 | BNP PARIBAS FINANCIAL MARKETS | 14,70014,700 | $525,231 | — | ADD 15% |
| 85 | GARDNER LEWIS ASSET MANAGEMENT L P | 14,29514,295 | $510,760 | — | ADD 23% |
| 86 | J. Derek Lewis & Associates Inc. | 14,00014,000 | $500,220 | — | ADD 59% |
| 87 | Treasurer of the State of North Carolina | 13,73413,734 | $491,000 | — | — |
| 88 | CWM, LLC | 13,73813,738 | $490,859 | — | ADD 2733% |
| 89 | XTX Topco Ltd | 13,67113,671 | $488,465 | — | NEW |
| 90 | Police & Firemen's Retirement System of New Jersey | 13,64913,649 | $487,679 | — | — |
| 91 | STIFEL FINANCIAL CORP | 12,37912,379 | $442,299 | — | ADD 78% |
| 92 | WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 11,70411,704 | $425,674 | — | NEW |
| 93 | INDEPENDENT FINANCIAL GROUP, LLC | 11,03011,030 | $394,102 | — | ADD 3% |
| 94 | CITIGROUP INC | 9,9569,956 | $355,727 | — | TRIM -22% |
| 95 | MERCER GLOBAL ADVISORS INC /ADV | 9,4839,483 | $338,828 | — | NEW |
| 96 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | 9,3379,337 | $333,611 | — | TRIM -6% |
| 97 | Cambridge Investment Research Advisors, Inc. | 9,2269,226 | $330,000 | — | TRIM -8% |
| 98 | Summit Trail Advisors, LLC | 9,1479,147 | $326,822 | — | NEW |
| 99 | NEW YORK STATE COMMON RETIREMENT FUND | 9,0009,000 | $321,570 | — | TRIM -33% |
| 100 | WELLINGTON MANAGEMENT GROUP LLP | 8,7748,774 | $313,495 | — | NEW |
Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.
| Holder | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| FMR LLC | — | — | — | 1.1M | 5.0M | 6.8M | $243M |
| ARK Investment Management LLC | — | — | — | 2.6M | 4.8M | 6.6M | $234M |
| Amova Asset Management Americas, Inc. | — | — | — | 1.4M | 2.5M | 3.8M | $137M |
| Sumitomo Mitsui Trust Group, Inc. | — | — | — | 1.4M | 2.5M | 3.8M | $137M |
| BlackRock, Inc. | — | — | — | 2.7M | 2.8M | 2.0M | $71M |
| Invesco Ltd. | — | — | — | 1.2M | 2.2M | 1.7M | $61M |
| T. Rowe Price Investment Management, Inc. | — | — | — | 1.1M | 1.5M | 1.3M | $47M |
| Stephens Investment Management Group LLC | — | — | — | 426K | 850K | 1.2M | $42M |
| JANUS HENDERSON GROUP PLC | — | — | — | 910K | 1.2M | 1.0M | $37M |
| VAN ECK ASSOCIATES CORP | — | — | — | 683K | 644K | 802K | $29M |
| Galaxy Digital Inc. | — | — | — | — | — | 625K | $22M |
| Alyeska Investment Group, L.P. | — | — | — | 600K | 624K | 624K | $22M |
| UBS Group AG | — | — | — | 223K | 1.3M | 600K | $21M |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | — | — | — | 1.5M | 1.6M | 430K | $15M |
| STATE STREET CORP | — | — | — | — | 275K | 346K | $12M |
Shares reported each quarter by the largest current holders. Green = added vs the prior filing, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
Holder count only — too few computable %-of-shares-outstanding quarters for a % pane. Line breaks are quarters with no 13F record, never interpolated.
| Quarter | Holders | Shares held | % shares out | Value held |
|---|---|---|---|---|
| 2026-Q1 | 201 | 38,827,473 | — | $1.4B |
| 2025-Q4 | 154 | 36,583,452 | — | $1.4B |
| 2025-Q3 | 145 | 27,036,839 | — | $1.7B |
Short interest has its own tab now — open SI →
Source: SEC Form 13F — every institution manager (≥ $100M in 13F securities) reporting a long US-listed position, across ~10,250 filers over 10 years of history. 13F is long-only, US-listed, filed up to 45 days after quarter-end.
“The information set forth or incorporated by reference in Items 3 and 6 of this Statement is incorporated by reference into this Item 4. The Reporting Person intends to continuously review his investment in the Issuer and may in the future determine (1) to acquire additional securities of the Issuer, through open market purchases, private agreements or otherwise, (2) to dispose of all or a portion of the securities of the Issuer owned by him or (3) to take any other available course of action. N”
“The information set forth or incorporated by reference in Items 3 and 6 of this Statement is incorporated by reference into this Item 4. The Reporting Person intends to continuously review his investment in the Issuer and may in the future determine (1) to acquire additional securities of the Issuer, through open market purchases, private agreements or otherwise, (2) to dispose of all or a portion of the securities of the Issuer owned by him or (3) to take any other available course of action. N”
| Biggest buyers | Δ shares | Δ value | |
|---|---|---|---|
| FMR LLC | +1,829,687 | $65M | ADD |
| ARK Investment Management LLC | +1,740,339 | $62M | ADD |
| Amova Asset Management Americas, Inc. | +1,311,243 | $47M | ADD |
| Sumitomo Mitsui Trust Group, Inc. | +1,304,573 | $47M | ADD |
| Galaxy Digital Inc. | +625,000 | $22M | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | −1,133,945 | $41M | TRIM |
| BlackRock, Inc. | −816,774 | $29M | TRIM |
| ALLIANCEBERNSTEIN L.P. | −763,278 | $27M | TRIM |
| UBS Group AG | −709,615 | $25M | TRIM |
| Galaxy Group Investments LLC | −625,000 | $22M | CLOSE |
The 2025-Q4 register is as-filed in ITS OWN share basis; every count below was rebased into the 2026-Q1 basis (no split in between, factor 1). Dollar figures value the SHARE delta at one price — the 2026-03-31 close — rather than differencing two filings' own reported values, which would mix the quarter's price move into the trade figure.
13Fs disclose LONG US-listed positions only — shorts, most derivatives, bonds and non-US listings are invisible here, and a filer's quarter-over-quarter change is not necessarily a trade (index rebalances, in-kind transfers and entity successions all read as flow).
Source: SEC Schedule 13D/13G structured XML. 13D = active intent; 13G filers report passively (Rule 13d-1(b) QII / 13d-1(c) Passive / 13d-1(d) Exempt) and are not activists. Percent and delta are the group aggregate the filing reports. Structured 13D/G coverage begins December 2024 (SEC XML mandate).
