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 ($661.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $14.69. Options: 13 managers hold calls ($60.6m notional), 7 hold puts ($13.9m).
Trends to Q1 2026
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 |
| Q4 2025 | 129 |
| Q1 2026 | 153 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 60 | 60 |
| Q3 2024 | 37 | 64 |
| Q4 2024 | 59 | 35 |
| Q1 2025 | 26 | 64 |
| Q2 2025 | 24 | 48 |
| Q3 2025 | 53 | 24 |
| Q4 2025 | 87 | 37 |
| Q1 2026 | 103 | 56 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $486.7k | $299.7k | 0.62 |
| Q3 2025 | $1.4m | $1.1m | 0.79 |
| Q4 2025 | $10.3m | $2.0m | 0.20 |
| Q1 2026 | $60.6m | $13.9m | 0.23 |
Biggest buyers
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +2.6m |
| JANE STREET GROUP, LLC | Added | +2.4m |
| MILLENNIUM MANAGEMENT LLC | Added | +2.1m |
| PRICE T ROWE ASSOCIATES INC /MD/ | New | +1.9m |
| CITADEL ADVISORS LLC | Added | +1.7m |
| AMERIPRISE FINANCIAL INC | Added | +1.2m |
| BANK OF AMERICA CORP /DE/ | Added | +1.0m |
| COOPER CREEK PARTNERS MANAGEMENT LLC | New | +1.0m |
| Hood River Capital Management LLC | Added | +955.3k |
| TWO SIGMA INVESTMENTS, LP | New | +814.8k |
Biggest sellers
| Legal & General Group Plc | Reduced | -4.3m |
| Archon Capital Management LLC | Sold out | -1.3m |
| CastleKnight Management LP | Sold out | -1.3m |
| NEUBERGER BERMAN GROUP LLC | Reduced | -1.0m |
| CITIZENS FINANCIAL GROUP INC/RI | Sold out | -385.0k |
| Saba Capital Management, L.P. | Reduced | -380.0k |
| MORGAN STANLEY | Reduced | -358.9k |
| Assenagon Asset Management S.A. | Reduced | -262.2k |
| XTX Topco Ltd | Reduced | -183.6k |
| Covestor Ltd | Sold out | -175.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $30.4m2.1m shares |
| JANE STREET GROUP, LLC | Added | $8.2m555.5k shares |
| CITADEL ADVISORS LLC | Added | $7.7m523.9k shares |
| GROUP ONE TRADING LLC | Added | $4.9m335.5k shares |
| IMC-Chicago, LLC | Added | $4.1m276.9k shares |
| SIMPLEX TRADING, LLC | New | $1.6m110.9k shares |
| Caption Management, LLC | Added | $1.5m100.0k shares |
| PEAK6 LLC | New | $684.6k46.6k shares |
| Kultura Capital Management LP | New | $484.8k33.0k shares |
| HRT FINANCIAL LP | New | $374.0k25.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.0m272.0k shares |
| CITADEL ADVISORS LLC | Added | $2.8m192.3k shares |
| JANE STREET GROUP, LLC | New | $2.1m145.9k shares |
| SIMPLEX TRADING, LLC | New | $2.0m133.5k shares |
| GROUP ONE TRADING LLC | Added | $1.7m115.7k shares |
| IMC-Chicago, LLC | New | $1.2m84.7k shares |
| REX Advisers, LLC | New | $43.1k143.7k 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 Q1 2026
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 |
|---|---|---|---|---|---|
| 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 | — |
| Q4 2025 | 2 | $42.8k | 0 | — | — |
| Q1 2026 | 2 | $125.0k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-18 | Young Kenneth M Chief Executive Officer, director | Bought | $106.0k7.0k shares |
| 2026-03-18 | Frymyer Cameron M Chief Financial Officer | Bought | $19.0k1.3k shares |
| 2026-02-11 | RILEY BRYANT R +3 10% owner | Sold | $10.4m1.2m 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, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BRC Group Holdings, Inc. 88.37% of their portfolio | 27.4m $403.2m | Unchanged |
| Hood River Capital Management LLC 1.71% of their portfolio | 11.6m $170.5m | Added +955.3k |
| GENDELL JEFFREY L 1.03% of their portfolio | 5.1m $75.3m | Added +80.0k |
| NEUBERGER BERMAN GROUP LLC 0.06% of their portfolio | 5.1m $73.9m | Reduced -1.0m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 4.5m $65.4m | First filing |
| JANE STREET GROUP, LLC 0.06% of their portfolio | 3.7m $53.9m | Added +2.4m |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 3.6m $52.9m | Added +1.2m |
| MARSHALL WACE, LLP 0.05% of their portfolio | 3.4m $50.1m | Added +40.0k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 3.4m $49.5m | Added +2.1m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 3.0m $43.7m | Added +2.6m |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 2.6m $37.5m | Added +1.7m |
| Driehaus Capital Management LLC 0.26% of their portfolio | 2.4m $35.0m | Added +105.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 1.9m $27.2m | New |
| BlackRock, Inc. 0.00% of their portfolio | 1.6m $23.8m | Added +246.8k |
| UBS Group AG 0.00% of their portfolio | 1.6m $23.7m | Added +169.1k |
| Situational Awareness Partners LP 0.52% of their portfolio | 1.4m $19.9m | First filing |
| Situational Awareness LP 0.52% of their portfolio | 1.4m $19.9m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 1.3m $18.8m | Added +489.2k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 1.1m $16.6m | Added +665.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.1m $16.1m | Added +1.0m |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 1.1m $15.7m | Added +138.9k |
| Legal & General Group Plc 0.00% of their portfolio | 1.0m $15.3m | Reduced -4.3m |
| COOPER CREEK PARTNERS MANAGEMENT LLC 0.73% of their portfolio | 1.0m $15.2m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 951.1k $14.0m | Added +19.5k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 873.9k $12.8m | Added +259.2k |
| HRT FINANCIAL LP 0.05% of their portfolio | 870.1k $12.8m | Added +578.1k |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 844.7k $12.4m | Added +649.4k |
| Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio | 843.8k $12.4m | Added +548.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 821.6k $12.1m | Added +462.8k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 814.8k $12.0m | New |
| SG Americas Securities, LLC 0.01% of their portfolio | 801.1k $11.8m | Added +775.1k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 772.1k $11.3m | Unchanged |
| ROYCE & ASSOCIATES LP 0.10% of their portfolio | 660.0k $9.7m | Added +305.0k |
| Arosa Capital Management LP 5.50% of their portfolio | 575.0k $8.4m | New |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 548.4k $8.1m | First filing |
| OBERWEIS ASSET MANAGEMENT INC/ 0.22% of their portfolio | 500.2k $7.3m | New |
| Informed Momentum Co LLC 0.81% of their portfolio | 475.5k $7.0m | Added +281.2k |
| STATE STREET CORP 0.00% of their portfolio | 412.7k $6.1m | Added +38.7k |
| Trexquant Investment LP 0.04% of their portfolio | 398.1k $5.8m | New |
| Palumbo Wealth Management LLC 1.31% of their portfolio | 365.3k $5.4m | Added +67.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 362.5k $5.3m | Added +17.0k |
| Saba Capital Management, L.P. 0.14% of their portfolio | 301.1k $4.4m | Reduced -380.0k |
| MORGAN STANLEY 0.00% of their portfolio | 283.7k $4.2m | Reduced -358.9k |
| POLEN CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 271.5k $4.0m | Added +149.2k |
| Squarepoint Ops LLC 0.01% of their portfolio | 225.3k $3.3m | Added +125.3k |
| Brevan Howard Capital Management LP 0.03% of their portfolio | 223.3k $3.3m | Added +213.2k |
| HUNTER ASSOCIATES INVESTMENT MANAGEMENT LLC 0.40% of their portfolio | 203.3k $3.0m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 202.6k $3.0m | Added +7.3k |
| Kultura Capital Management LP 2.66% of their portfolio | 198.9k $2.9m | New |
| Kingsbury Capital Investment Advisors LLC 2.62% of their portfolio | 189.7k $2.8m | First filing |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 127.5k $1.9m | New |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 122.3k $1.8m | Added +101.5k |
| LPL Financial LLC 0.00% of their portfolio | 118.0k $1.7m | Added +105.3k |
| Jain Global LLC 0.02% of their portfolio | 107.0k $1.6m | New |
| Y-Intercept (Hong Kong) Ltd 0.03% of their portfolio | 106.9k $1.6m | Reduced -52.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 101.0k $1.5m | Added +11.5k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 89.5k $1.3m | Reduced -31.5k |
| Gotham Asset Management, LLC 0.00% of their portfolio | 86.6k $1.3m | Added +45.1k |
| Quinn Opportunity Partners LLC 0.06% of their portfolio | 83.8k $1.2m | Reduced -39.0k |
| XTX Topco Ltd 0.02% of their portfolio | 76.8k $1.1m | Reduced -183.6k |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 73.8k $1.1m | Reduced -70.1k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 70.3k $1.0m | Added +59.3k |
| Hudson Bay Capital Management LP 0.01% of their portfolio | 65.0k $955.3k | Added +24.7k |
| Potomac Capital Management, Inc. 0.82% of their portfolio | 64.0k $940.2k | Unchanged |
| Dynamic Technology Lab Private Ltd 0.15% of their portfolio | 60.8k $893.9k | New |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.05% of their portfolio | 56.8k $834.3k | Reduced -51.7k |
| GROUP ONE TRADING LLC 0.03% of their portfolio | 56.4k $827.8k | Reduced -14.0k |
| THOMPSON DAVIS & CO., INC. 0.55% of their portfolio | 56.0k $822.1k | Reduced -35.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 55.7k $818.7k | Added +1.6k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 54.1k $794.9k | Added +6.1k |
| BARCLAYS PLC 0.00% of their portfolio | 52.1k $766.0k | Reduced -32.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 51.1k $751.3k | Added +2 |
| CORSAIR CAPITAL MANAGEMENT, L.P. 0.11% of their portfolio | 50.0k $734.5k | Unchanged |
| IRONWOOD INVESTMENT MANAGEMENT LLC 0.31% of their portfolio | 49.9k $732.4k | Reduced -577 |
| Tidal Investments LLC 0.00% of their portfolio | 47.4k $696.9k | New |
| Farther Finance Advisors, LLC 0.01% of their portfolio | 45.0k $673.6k | Reduced -21.8k |
| GSA CAPITAL PARTNERS LLP 0.04% of their portfolio | 44.6k $655.0k | Reduced -55.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 43.9k $644.2k | Added +23.8k |
| CAPITAL FUND MANAGEMENT S.A. 0.01% of their portfolio | 41.9k $616.1k | New |
| Advisory Services Network, LLC 0.01% of their portfolio | 40.5k $595.3k | New |
| PEAK6 LLC 0.02% of their portfolio | 38.5k $565.5k | New |
| Counterpoint Mutual Funds LLC 0.08% of their portfolio | 37.2k $546.9k | New |
| ALGERT GLOBAL LLC 0.01% of their portfolio | 35.0k $514.4k | New |
| Harvest Investment Services, LLC 0.09% of their portfolio | 35.0k $514.4k | New |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 34.9k $512.2k | First filing |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 33.3k $488.5k | New |
| Catalyst Funds Management Pty Ltd 0.08% of their portfolio | 30.6k $449.5k | New |
| De Lisle Partners LLP 0.05% of their portfolio | 30.0k $440.7k | New |
| US BANCORP \DE\ 0.00% of their portfolio | 29.4k $432.6k | Added +11.5k |
| Round Rock Advisors LLC 0.06% of their portfolio | 28.4k $416.9k | New |
| Engineers Gate Manager LP 0.00% of their portfolio | 24.6k $361.1k | Reduced -1.4k |
| Brooklyn Investment Group 0.01% of their portfolio | 24.6k $361.0k | Added +1.8k |
| Cannon Global Investment Management, LLC 0.87% of their portfolio | 24.5k $359.9k | New |
| WINTON GROUP Ltd 0.01% of their portfolio | 24.3k $357.0k | Reduced -7.9k |
| LMR Partners LLP 0.00% of their portfolio | 23.2k $340.9k | New |
| BANK OF NOVA SCOTIA 0.00% of their portfolio | 22.2k $326.1k | New |
| Diametric Capital, LP 0.08% of their portfolio | 20.8k $305.4k | New |
| PIER 88 INVESTMENT PARTNERS LLC 0.08% of their portfolio | 20.7k $304.1k | New |
| SCOTIA CAPITAL INC. 0.00% of their portfolio | 20.4k $300.2k | New |
| Prime Capital Investment Advisors, LLC 0.00% of their portfolio | 20.1k $295.8k | New |