BELLRING BRANDS INC BRBR
COMMON STOCK · Common Stock · CUSIP 07831C103 · ISIN US07831C1036
- SectorConsumer staples
- IndustryFood and Kindred Products
- HeadquartersClayton, MO
- 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 ($25.9m this quarter). Holder counts are more reliable. Shares outstanding: 127.0m as of 2025-04-29, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $74.45. Options: 8 managers hold calls ($10.3m notional), 10 hold puts ($15.4m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 275 |
| Q4 2022 | 284 |
| Q1 2023 | 313 |
| Q2 2023 | 313 |
| Q3 2023 | 331 |
| Q4 2023 | 383 |
| Q1 2024 | 421 |
| Q2 2024 | 447 |
| Q3 2024 | 451 |
| Q4 2024 | 503 |
| Q1 2025 | 508 |
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 2023 | 138 | 154 |
| Q3 2023 | 138 | 163 |
| Q4 2023 | 184 | 153 |
| Q1 2024 | 210 | 169 |
| Q2 2024 | 235 | 192 |
| Q3 2024 | 193 | 256 |
| Q4 2024 | 247 | 210 |
| Q1 2025 | 239 | 255 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $47.2m | $11.7m | 0.25 |
| Q3 2024 | $24.7m | $22.8m | 0.92 |
| Q4 2024 | $15.1m | $15.1m | 1.00 |
| Q1 2025 | $10.3m | $15.4m | 1.49 |
Biggest buyers
| AXIOM INVESTORS LLC /DE | Added | +4.1m |
| Holocene Advisors, LP | Added | +1.6m |
| Junto Capital Management LP | New | +1.3m |
| D. E. Shaw & Co., Inc. | Added | +882.6k |
| Assenagon Asset Management S.A. | Added | +768.6k |
| CITADEL ADVISORS LLC | Added | +766.1k |
| Baird Financial Group, Inc. | New | +519.0k |
| Pictet Asset Management Holding SA | Added | +468.0k |
| Employees Retirement System of Texas | New | +450.7k |
| Balyasny Asset Management L.P. | Added | +450.1k |
Biggest sellers
| LONDON CO OF VIRGINIA | Sold out | -1.3m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.2m |
| Point72 Asset Management, L.P. | Reduced | -787.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -585.4k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -529.7k |
| WASATCH ADVISORS LP | Reduced | -497.7k |
| VANGUARD GROUP INC | Reduced | -465.1k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -431.2k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -383.6k |
| JANE STREET GROUP, LLC | Reduced | -382.7k |
Biggest calls
| Caption Management, LLC | Reduced | $7.4m98.9k shares |
| CITADEL ADVISORS LLC | Reduced | $1.1m15.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $603.1k8.1k shares |
| Walleye Trading LLC | Added | $565.9k7.6k shares |
| Walleye Capital LLC | Reduced | $372.3k5.0k shares |
| JANE STREET GROUP, LLC | Reduced | $215.9k2.9k shares |
| GROUP ONE TRADING LLC | Added | $89.4k1.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Caption Management, LLC | Unchanged | $7.4m98.9k shares |
| Fulcrum Asset Management LLP | New | $5.7m0 shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $677.6k9.1k shares |
| Walleye Capital LLC | Reduced | $491.4k6.6k shares |
| Walleye Trading LLC | Added | $357.4k4.8k shares |
| CITADEL ADVISORS LLC | Reduced | $312.7k4.2k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $245.7k3.3k shares |
| SIMPLEX TRADING, LLC | Added | $223.0k3.0k shares |
| Quaker Wealth Management, LLC | First filing | $2243 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 filed 2026-10-27 | 7.7% |
| AQR CAPITAL MANAGEMENT LLC 13G · institution -2.1 pts · filed 2026-08-13 | 5.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-09-03 | 5.2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-09-03 | 5.1% |
| AMERIPRISE FINANCIAL INC 13G · institution new · filed 2026-08-14 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-09-03; now reported by VANGUARD CAPITAL MANAGEMENT LLC), MILLENNIUM MANAGEMENT LLC (3.6%, 2026-06-29), WASATCH ADVISORS LP (1.7%, 2026-04-22)
Insider purchases and sales in Q1 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 |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 1 | $537.3k | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 1 | $57.8k | — |
| Q2 2024 | 0 | — | 1 | $902.2k | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 1 | $28.1m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-02-25 | VITALE ROBERT V Director | Sold | $1.1m14.7k shares |
| 2025-02-24 | VITALE ROBERT V Director | Sold | $1.1m15.0k shares |
| 2025-02-21 | VITALE ROBERT V Director | Sold | $1.1m15.0k shares |
| 2025-02-20 | VITALE ROBERT V Director | Sold | $3.5m46.8k shares |
| 2025-02-19 | VITALE ROBERT V Director | Sold | $3.4m43.5k shares |
| 2025-02-18 | VITALE ROBERT V Director | Sold | $3.4m44.2k shares |
| 2025-02-14 | VITALE ROBERT V Director | Sold | $6.1m79.1k shares |
| 2025-02-13 | VITALE ROBERT V Director | Sold | $3.7m48.2k shares |
| 2025-02-12 | VITALE ROBERT V Director | Sold | $2.2m28.5k shares |
| 2025-02-11 | VITALE ROBERT V Director | Sold | $2.1m28.2k shares |
| 2025-02-10 | VITALE ROBERT V Director | Sold | $384.0k5.1k 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 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 13.0m $966.0m | Reduced -465.1k |
| BlackRock, Inc. 0.02% of their portfolio | 12.5m $927.7m | Added +437.5k |
| WASATCH ADVISORS LP 2.25% of their portfolio | 5.4m $402.5m | Reduced -497.7k |
| AXIOM INVESTORS LLC /DE 1.61% of their portfolio | 4.5m $334.9m | Added +4.1m |
| FRANKLIN RESOURCES INC 0.09% of their portfolio | 4.3m $323.8m | Reduced -228.5k |
| Invesco Ltd. 0.06% of their portfolio | 4.1m $307.3m | Reduced -138.9k |
| STATE STREET CORP 0.01% of their portfolio | 4.0m $300.6m | Added +20.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.05% of their portfolio | 3.5m $262.9m | Reduced -124.4k |
| D. E. Shaw & Co., Inc. 0.28% of their portfolio | 3.2m $238.5m | Added +882.6k |
| Holocene Advisors, LP 0.57% of their portfolio | 2.6m $194.2m | Added +1.6m |
| ALLIANCEBERNSTEIN L.P. 0.06% of their portfolio | 2.4m $176.9m | Reduced -383.6k |
| T. Rowe Price Investment Management, Inc. 0.12% of their portfolio | 2.4m $175.9m | Reduced -87.8k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 2.3m $173.8m | Reduced -36.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.3m $168.3m | Added +14.7k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.1m $157.4m | Added +403.6k |
| AQR CAPITAL MANAGEMENT LLC 0.14% of their portfolio | 1.8m $136.9m | Reduced -431.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.21% of their portfolio | 1.8m $137.4m | Added +98.6k |
| Assenagon Asset Management S.A. 0.23% of their portfolio | 1.8m $131.1m | Added +768.6k |
| Balyasny Asset Management L.P. 0.32% of their portfolio | 1.7m $126.9m | Added +450.1k |
| FMR LLC 0.01% of their portfolio | 1.5m $114.6m | Added +36.7k |
| CITADEL ADVISORS LLC 0.11% of their portfolio | 1.5m $113.8m | Added +766.1k |
| NORGES BANK 0.02% of their portfolio | 1.5m $110.3m | Reduced -34.1k |
| Driehaus Capital Management LLC 1.05% of their portfolio | 1.5m $108.8m | Added +237.5k |
| Stephens Investment Management Group LLC 1.49% of their portfolio | 1.4m $103.6m | Reduced -53.3k |
| JANUS HENDERSON GROUP PLC 0.05% of their portfolio | 1.3m $99.1m | Reduced -179.0k |
| MILLENNIUM MANAGEMENT LLC 0.10% of their portfolio | 1.3m $99.4m | Reduced -1.2m |
| Junto Capital Management LP 2.24% of their portfolio | 1.3m $97.7m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.2m $91.6m | Reduced -27.7k |
| UBS Group AG 0.02% of their portfolio | 1.1m $84.3m | Added +190.1k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.1m $80.0m | Reduced -41.4k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.0m $76.2m | Added +23.3k |
| MORGAN STANLEY 0.01% of their portfolio | 1.0m $74.9m | Reduced -129.3k |
| Nuveen, LLC 0.02% of their portfolio | 953.6k $71.0m | First filing |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.25% of their portfolio | 892.6k $66.5m | Added +111.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.04% of their portfolio | 886.9k $66.0m | Reduced -15.3k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.25% of their portfolio | 872.2k $64.9m | Added +188.1k |
| FEDERATED HERMES, INC. 0.14% of their portfolio | 863.6k $64.3m | Added +218.2k |
| Artemis Investment Management LLP 0.96% of their portfolio | 841.3k $62.6m | Added +98.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 831.9k $61.9m | Reduced -2.6k |
| Point72 Asset Management, L.P. 0.16% of their portfolio | 750.8k $55.9m | Reduced -787.1k |
| TRUIST FINANCIAL CORP 0.09% of their portfolio | 742.8k $55.3m | Added +70.7k |
| LOOMIS SAYLES & CO L P 0.07% of their portfolio | 688.2k $51.2m | Reduced -54.8k |
| PRIMECAP MANAGEMENT CO/CA/ 0.04% of their portfolio | 604.4k $45.0m | Added +64.4k |
| Allianz Asset Management GmbH 0.06% of their portfolio | 578.8k $43.1m | Reduced -54.6k |
| GABELLI FUNDS LLC 0.31% of their portfolio | 547.7k $40.8m | Reduced -14.7k |
| Baird Financial Group, Inc. 0.07% of their portfolio | 519.0k $38.6m | New |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 505.4k $37.6m | Added +148.1k |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 496.0k $36.9m | Added +296.2k |
| Pictet Asset Management Holding SA 0.04% of their portfolio | 487.2k $36.3m | Added +468.0k |
| STRS OHIO 0.15% of their portfolio | 486.1k $36.2m | Added +39.2k |
| GILDER GAGNON HOWE & CO LLC 0.47% of their portfolio | 486.0k $36.2m | Reduced -921 |
| Allspring Global Investments Holdings, LLC 0.06% of their portfolio | 485.7k $36.5m | Reduced -171.7k |
| E. Ohman J:or Asset Management AB 0.93% of their portfolio | 471.1k $35.1m | Reduced -63.6k |
| Employees Retirement System of Texas 0.30% of their portfolio | 450.7k $33.6m | New |
| Champlain Investment Partners, LLC 0.24% of their portfolio | 442.4k $32.9m | Reduced -230.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 392.5k $29.2m | Reduced -129.7k |
| SEI INVESTMENTS CO 0.04% of their portfolio | 377.3k $28.1m | Reduced -16.7k |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 373.4k $27.8m | Reduced -205.0k |
| LORD, ABBETT & CO. LLC 0.10% of their portfolio | 362.7k $27.0m | New |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 347.4k $25.9m | Reduced -174.6k |
| Man Group plc 0.08% of their portfolio | 345.8k $25.7m | Reduced -114.6k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 343.7k $25.6m | Reduced -2.3k |
| BRAUN STACEY ASSOCIATES INC 1.05% of their portfolio | 343.6k $25.6m | Added +1.0k |
| SCOPUS ASSET MANAGEMENT, L.P. 0.92% of their portfolio | 342.5k $25.5m | Reduced -15.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 335.4k $25.0m | Reduced -585.4k |
| Boston Partners 0.03% of their portfolio | 327.9k $24.5m | Added +232.1k |
| ALGERT GLOBAL LLC 0.58% of their portfolio | 314.9k $23.4m | Reduced -7.5k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 312.1k $23.2m | Added +52.6k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 303.8k $22.6m | Added +60.1k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.16% of their portfolio | 303.1k $22.6m | Reduced -5.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 301.4k $22.4m | Added +43.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 286.5k $21.3m | First filing |
| OBERWEIS ASSET MANAGEMENT INC/ 1.01% of their portfolio | 273.3k $20.3m | Added +20.2k |
| MONETA GROUP INVESTMENT ADVISORS LLC 0.27% of their portfolio | 265.0k $19.7m | Reduced -1.3k |
| Legal & General Group Plc 0.01% of their portfolio | 258.1k $19.2m | Added +5.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 253.4k $18.9m | Added +42.7k |
| CAPTRUST FINANCIAL ADVISORS 0.05% of their portfolio | 252.0k $18.8m | Added +15.1k |
| GAMCO INVESTORS, INC. ET AL 0.21% of their portfolio | 251.8k $18.8m | Reduced -18.5k |
| Swiss National Bank 0.01% of their portfolio | 249.8k $18.6m | Reduced -4.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 224.8k $16.7m | Reduced -6.9k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.39% of their portfolio | 217.5k $16.2m | Reduced -1.8k |
| California Public Employees Retirement System 0.01% of their portfolio | 216.9k $16.2m | Reduced -5.3k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 216.4k $16.1m | Reduced -3.2k |
| Cubist Systematic Strategies, LLC 0.21% of their portfolio | 213.4k $15.9m | Reduced -123.4k |
| BURNEY CO/ 0.56% of their portfolio | 208.3k $15.5m | Added +4.0k |
| AGF MANAGEMENT LTD 0.08% of their portfolio | 202.4k $15.1m | Added +99.4k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.03% of their portfolio | 202.0k $15.0m | Added +31.1k |
| Mediolanum International Funds Ltd 0.21% of their portfolio | 201.1k $14.9m | Added +95.7k |
| STIFEL FINANCIAL CORP 0.02% of their portfolio | 195.3k $14.5m | Added +7.3k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 174.7k $13.0m | Added +34.4k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 173.9k $13.0m | Reduced -529.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 164.9k $12.3m | Reduced -61.5k |
| Aquatic Capital Management LLC 0.30% of their portfolio | 159.4k $11.9m | Added +49.4k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.24% of their portfolio | 156.7k $11.7m | Unchanged |
| Retirement Systems of Alabama 0.05% of their portfolio | 156.1k $11.6m | Reduced -1.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 155.1k $11.6m | Reduced -22.5k |
| PICTON MAHONEY ASSET MANAGEMENT 0.39% of their portfolio | 153.2k $11.4m | Added +10.5k |
| Motley Fool Wealth Management, LLC 0.67% of their portfolio | 152.2k $11.3m | Reduced -12.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 151.2k $11.3m | Reduced -176 |
| Interval Partners, LP 0.38% of their portfolio | 145.7k $10.8m | Added +14.1k |