BABCOCK & WILCOX ENTERPRISES BW
COM · Common Stock · CUSIP 05614L209
American energy technology company
- SectorIndustrials
- IndustryHeating Equipment, Except Electric & Warm Air Furnaces
- HeadquartersAkron, OH
- Founded1867
- Websitebabcock.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $2.90. Options: 6 managers hold calls ($1.4m notional), 7 hold puts ($1.1m).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 113 |
| Q4 2022 | 110 |
| Q1 2023 | 114 |
| Q2 2023 | 127 |
| Q3 2023 | 139 |
| Q4 2023 | 105 |
| Q1 2024 | 102 |
| Q2 2024 | 117 |
| Q3 2024 | 97 |
| Q4 2024 | 113 |
| Q1 2025 | 94 |
| Q2 2025 | 74 |
| Q3 2025 | 94 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2023 | 62 | 77 |
| Q1 2024 | 48 | 54 |
| Q2 2024 | 60 | 60 |
| Q3 2024 | 37 | 64 |
| Q4 2024 | 59 | 35 |
| Q1 2025 | 26 | 64 |
| Q2 2025 | 24 | 48 |
| Q3 2025 | 53 | 24 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $2.3m | $685.1k | 0.30 |
| Q1 2025 | $722.3k | $111.2k | 0.15 |
| Q2 2025 | $486.7k | $299.7k | 0.62 |
| Q3 2025 | $1.4m | $1.1m | 0.79 |
Biggest buyers
| Legal & General Group Plc | New | +4.9m |
| MILLENNIUM MANAGEMENT LLC | Added | +2.5m |
| GENDELL JEFFREY L | Added | +2.2m |
| MARSHALL WACE, LLP | Added | +2.0m |
| Archon Capital Management LLC | New | +1.9m |
| VANGUARD GROUP INC | Added | +1.6m |
| THAMES CAPITAL MANAGEMENT LLC | New | +1.4m |
| JANE STREET GROUP, LLC | Added | +962.3k |
| Verition Fund Management LLC | New | +880.5k |
| AMH Equity Ltd | New | +704.1k |
Biggest sellers
| CastleKnight Management LP | Reduced | -1.7m |
| BRIGHTLINE CAPITAL MANAGEMENT, LLC | Sold out | -1.6m |
| ACADIAN ASSET MANAGEMENT LLC | Sold out | -819.8k |
| SCOGGIN MANAGEMENT LP | Sold out | -650.0k |
| EQUITEC PROPRIETARY MARKETS, LLC | Sold out | -325.9k |
| UBS Group AG | Reduced | -318.4k |
| Assenagon Asset Management S.A. | Reduced | -294.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -174.8k |
| Invesco Ltd. | Reduced | -89.8k |
| CoreCap Advisors, LLC | Reduced | -83.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $771.1k265.9k shares |
| UBS Group AG | New | $201.0k69.3k shares |
| CITADEL ADVISORS LLC | Reduced | $196.9k67.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $109.0k37.9k shares |
| WOLVERINE TRADING, LLC | New | $76.0k23.9k shares |
| GROUP ONE TRADING LLC | Reduced | $6.7k2.3k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $292.3k100.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $287.0k99.0k shares |
| CITADEL ADVISORS LLC | Reduced | $260.4k89.8k shares |
| Verition Fund Management LLC | New | $116.0k40.0k shares |
| WOLVERINE TRADING, LLC | New | $43.9k13.8k shares |
| GROUP ONE TRADING LLC | Reduced | $40.0k13.8k shares |
| JANE STREET GROUP, LLC | New | $38.0k13.1k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution new · filed 2026-07-29 | 6.6% |
| AMERIPRISE FINANCIAL INC 13G · institution new · filed 2026-08-14 | 5.1% |
Fell to 5% or below in the last year: Neuberger Berman Group LLC (4.7%, 2026-03-04)
Insider purchases and sales in Q3 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2023 | 6 | $183.5k | 0 | — | — |
| Q1 2024 | 4 | $62.0k | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 1 | $6.3k | — |
| Q4 2024 | 0 | — | 1 | $189.0k | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 3 | $99.8k | 1 | $6.3k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-09-05 | Young Kenneth M Chief Executive Officer, director · See Note | Bought | $20.0k9.3k shares |
| 2025-08-27 | Moeller Philip D Director | Bought | $18.6k10.0k shares |
| 2025-08-19 | Frymyer Cameron M Chief Financial Officer | Bought | $31.0k20.0k shares |
| 2025-08-18 | Young Kenneth M Chief Executive Officer, director · See Note | Bought | $30.2k20.0k shares |
| 2025-08-07 | Dziewisz John J General Counsel & Secretary | Sold | $3.9k2.9k shares |
| 2025-07-31 | Dziewisz John J General Counsel & Secretary | Sold | $2.4k2.6k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| BRC Group Holdings, Inc. 55.92% of their portfolio | 27.4m $79.6m | Unchanged |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 6.2m $18.1m | Added +3.0k |
| Legal & General Group Plc 0.00% of their portfolio | 4.9m $14.1m | New |
| GENDELL JEFFREY L 0.25% of their portfolio | 4.8m $13.8m | Added +2.2m |
| VANGUARD GROUP INC 0.00% of their portfolio | 4.4m $12.8m | Added +1.6m |
| CastleKnight Management LP 0.41% of their portfolio | 2.6m $7.6m | Reduced -1.7m |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 2.5m $7.4m | Added +2.5m |
| Vantage Consulting Group Inc 62.48% of their portfolio | 2.4m $7.0m | Unchanged |
| MARSHALL WACE, LLP 0.01% of their portfolio | 2.4m $6.9m | Added +2.0m |
| Archon Capital Management LLC 3.20% of their portfolio | 1.9m $5.4m | New |
| THAMES CAPITAL MANAGEMENT LLC 0.58% of their portfolio | 1.4m $4.0m | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 1.2m $3.6m | Added +962.3k |
| Verition Fund Management LLC 0.01% of their portfolio | 880.5k $2.6m | New |
| BlackRock, Inc. 0.00% of their portfolio | 875.5k $2.5m | Added +60.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 783.7k $2.3m | Added +153.2k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 772.1k $2.2m | Unchanged |
| AMH Equity Ltd 2.56% of their portfolio | 704.1k $2.0m | New |
| CITIZENS FINANCIAL GROUP INC/RI 0.02% of their portfolio | 400.0k $1.2m | New |
| GROUP ONE TRADING LLC 0.03% of their portfolio | 397.5k $1.2m | Added +213.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 340.4k $987.3k | Reduced -174.8k |
| SIMPLEX TRADING, LLC 0.02% of their portfolio | 337.3k $978.0k | Added +105.7k |
| STATE STREET CORP 0.00% of their portfolio | 328.3k $952.1k | Added +52.3k |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 278.2k $806.8k | Reduced -294.8k |
| UBS Group AG 0.00% of their portfolio | 261.3k $757.8k | Reduced -318.4k |
| Informed Momentum Co LLC 0.08% of their portfolio | 231.6k $671.7k | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 217.8k $631.6k | New |
| Palumbo Wealth Management LLC 0.20% of their portfolio | 215.6k $625.1k | New |
| IRONWOOD INVESTMENT MANAGEMENT LLC 0.27% of their portfolio | 211.3k $612.8k | Added +15.3k |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 207.5k $601.8k | Added +157.5k |
| TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio | 202.7k $588.0k | Unchanged |
| CoreCap Advisors, LLC 0.02% of their portfolio | 191.9k $556.6k | Reduced -83.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 179.7k $521.2k | Added +34.1k |
| Lombard Odier Asset Management (USA) Corp 0.11% of their portfolio | 174.2k $505.3k | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 165.3k $479.5k | Added +124.3k |
| Bastion Asset Management Inc. 0.26% of their portfolio | 150.6k $449.5k | New |
| Covestor Ltd 0.22% of their portfolio | 139.9k $406.0k | New |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 121.0k $350.9k | Added +50.0k |
| NOMURA HOLDINGS INC 0.00% of their portfolio | 98.8k $286.4k | Reduced -28.6k |
| THOMPSON DAVIS & CO., INC. 0.17% of their portfolio | 96.5k $280.0k | Added +66.5k |
| Invesco Ltd. 0.00% of their portfolio | 87.9k $255.0k | Reduced -89.8k |
| Quinn Opportunity Partners LLC 0.02% of their portfolio | 80.0k $232.0k | Reduced -10.0k |
| XTX Topco Ltd 0.01% of their portfolio | 78.6k $227.9k | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 51.1k $148.3k | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 49.7k $144.1k | New |
| SHIKIAR ASSET MANAGEMENT INC 0.03% of their portfolio | 47.5k $138.0k | New |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 45.5k $132.1k | Added +32.2k |
| ALGERT GLOBAL LLC 0.00% of their portfolio | 35.3k $102.5k | New |
| SEI INVESTMENTS CO 0.00% of their portfolio | 35.0k $101.5k | Reduced -2.4k |
| MORGAN STANLEY 0.00% of their portfolio | 33.4k $96.8k | Reduced -27.2k |
| MANNING & NAPIER ADVISORS LLC 0.00% of their portfolio | 30.3k $96.3k | New |
| Walleye Capital LLC 0.00% of their portfolio | 28.5k $82.6k | New |
| Jefferies Financial Group Inc. 0.00% of their portfolio | 25.6k $74.2k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 25.5k $73.9k | Added +24.8k |
| Global Retirement Partners, LLC 0.00% of their portfolio | 24.6k $71.3k | New |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 24.0k $69.5k | New |
| Kathmere Capital Management, LLC 0.00% of their portfolio | 20.0k $58.0k | New |
| Platform Technology Partners 0.01% of their portfolio | 18.5k $53.6k | New |
| Sender Co & Partners, Inc. 0.02% of their portfolio | 17.3k $50.1k | New |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 15.0k $44.0k | Reduced -5.0k |
| Mariner, LLC 0.00% of their portfolio | 15.0k $43.5k | New |
| Riggs Asset Managment Co. Inc. 0.01% of their portfolio | 14.3k $41.4k | Unchanged |
| Independent Advisor Alliance 0.00% of their portfolio | 14.2k $41.3k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 14.1k $38.2k | Added +11.5k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 12.1k $35.1k | Added +12.0k |
| Corient Private Wealth LP 0.00% of their portfolio | 12.0k $34.8k | New |
| BROWN ADVISORY INC 0.00% of their portfolio | 11.1k $32.3k | Reduced -1.6k |
| Marotta Asset Management 0.01% of their portfolio | 10.9k $29.8k | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 10.9k $31.5k | Reduced -832 |
| Centiva Capital, LP 0.00% of their portfolio | 10.8k $31.3k | New |
| WOLVERINE TRADING, LLC 0.00% of their portfolio | 10.8k $34.3k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 9.9k $28.0k | Reduced -320 |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 5.7k $16.4k | Added +2.6k |
| State of Wyoming 0.00% of their portfolio | 5.6k $16.1k | Added +1.2k |
| FNY Investment Advisers, LLC 0.00% of their portfolio | 2.7k $7.0k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 2.5k $7.3k | Unchanged |
| COMERICA BANK 0.00% of their portfolio | 1.7k $5.1k | Reduced -2.1k |
| Ritter Daniher Financial Advisory LLC / DE 0.00% of their portfolio | 1.0k $2.9k | Unchanged |
| ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio | 650 $1.9k | Unchanged |
| Fortitude Family Office, LLC 0.00% of their portfolio | 612 $1.8k | Unchanged |
| Anchor Investment Management, LLC 0.00% of their portfolio | 500 $1.4k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 486 $1.4k | Reduced -355 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 188 $545 | Reduced -15.3k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 154 $447 | Unchanged |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 150 $435 | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 101 $293 | Unchanged |
| Fortis Group Advisors, LLC 0.00% of their portfolio | 30 $87 | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 29 $84 | Unchanged |
| Quantbot Technologies LP 0.00% of their portfolio | 14 $41 | New |
| CWM, LLC 0.00% of their portfolio | 10 $0 | Unchanged |
| Parkside Financial Bank & Trust 0.00% of their portfolio | 7 $21 | Unchanged |
| HOLLENCREST CAPITAL MANAGEMENT 0.00% of their portfolio | 4 $12 | Unchanged |
| AllSquare Wealth Management LLC 0.00% of their portfolio | 3 $9 | Unchanged |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 1 $3 | Unchanged |
| MAI Capital Management 0.00% of their portfolio | 1 $3 | Unchanged |