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 ($30.8m this quarter). Holder counts are more reliable. Shares outstanding: 126.0m as of 2025-07-29, 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 ≈ $57.92. Options: 23 managers hold calls ($254.9m notional), 17 hold puts ($138.9m).
Trends to Q2 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 |
| Q2 2025 | 486 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2025 | 243 | 265 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $24.7m | $22.8m | 0.92 |
| Q4 2024 | $15.1m | $15.1m | 1.00 |
| Q1 2025 | $10.3m | $15.4m | 1.49 |
| Q2 2025 | $254.9m | $138.9m | 0.54 |
Biggest buyers
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | New | +2.2m |
| CITADEL ADVISORS LLC | Added | +1.8m |
| D. E. Shaw & Co., Inc. | Added | +1.3m |
| Holocene Advisors, LP | Added | +1.3m |
| ROYAL BANK OF CANADA | Added | +1.2m |
| UBS Group AG | Added | +1.0m |
| J. Goldman & Co LP | New | +970.6k |
| Qube Research & Technologies Ltd | Added | +749.0k |
| GOLDMAN SACHS GROUP INC | Added | +693.8k |
| JANE STREET GROUP, LLC | Added | +670.1k |
Biggest sellers
| AXIOM INVESTORS LLC /DE | Reduced | -4.2m |
| Assenagon Asset Management S.A. | Reduced | -1.7m |
| T. Rowe Price Investment Management, Inc. | Reduced | -1.2m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.0m |
| Balyasny Asset Management L.P. | Reduced | -990.0k |
| FULLER & THALER ASSET MANAGEMENT, INC. | Reduced | -871.6k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -863.2k |
| Driehaus Capital Management LLC | Reduced | -863.0k |
| Artemis Investment Management LLP | Sold out | -841.3k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -788.1k |
Biggest calls
| Point72 Asset Management, L.P. | New | $42.6m735.0k shares |
| PICTON MAHONEY ASSET MANAGEMENT | New | $34.8m600.0k shares |
| Caption Management, LLC | Added | $30.6m529.0k shares |
| Twin Tree Management, LP | New | $22.4m386.0k shares |
| UBS Group AG | New | $20.7m357.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $18.8m324.6k shares |
| CITADEL ADVISORS LLC | Added | $18.7m322.6k shares |
| J. Goldman & Co LP | New | $17.0m293.9k shares |
| WELLS FARGO & COMPANY/MN | New | $14.0m241.6k shares |
| JANE STREET GROUP, LLC | Added | $8.2m141.9k shares |
Biggest puts
| SCOPUS ASSET MANAGEMENT, L.P. | New | $51.3m886.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $26.8m463.1k shares |
| CITADEL ADVISORS LLC | Added | $12.1m209.2k shares |
| UBS Group AG | New | $11.4m197.5k shares |
| NOMURA HOLDINGS INC | New | $8.1m140.0k shares |
| Twin Tree Management, LP | New | $8.1m139.9k shares |
| JANE STREET GROUP, LLC | New | $7.4m127.6k shares |
| IMC-Chicago, LLC | New | $3.9m68.0k shares |
| WOLVERINE TRADING, LLC | New | $2.7m46.6k shares |
| Squarepoint Ops LLC | New | $2.4m41.8k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q2 2025 | 0 | — | 3 | $1.0m | $1.0m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-27 | DAVENPORT DARCY HORN PRES. AND CEO | Sold plan | $92.9k1.6k shares |
| 2025-06-20 | DAVENPORT DARCY HORN PRES. AND CEO | Sold plan | $95.5k1.6k shares |
| 2025-06-13 | DAVENPORT DARCY HORN PRES. AND CEO | Sold plan | $94.8k1.6k shares |
| 2025-06-06 | DAVENPORT DARCY HORN PRES. AND CEO | Sold plan | $96.9k1.6k shares |
| 2025-05-30 | DAVENPORT DARCY HORN PRES. AND CEO | Sold plan | $100.7k1.6k shares |
| 2025-04-01 | SINGH ROBIN CHIEF SUPPLY CHAIN OFFCR PNC | Sold plan | $312.4k4.2k shares |
| 2025-04-01 | CORNILLE DOUGLAS J CHIEF GROWTH OFFICER PNC | Sold plan | $239.8k3.2k 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, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 12.5m $725.1m | Added +58.9k |
| VANGUARD GROUP INC 0.01% of their portfolio | 12.3m $714.5m | Reduced -639.6k |
| WASATCH ADVISORS LP 1.57% of their portfolio | 5.2m $299.7m | Reduced -230.9k |
| D. E. Shaw & Co., Inc. 0.26% of their portfolio | 4.5m $262.1m | Added +1.3m |
| FRANKLIN RESOURCES INC 0.06% of their portfolio | 4.1m $239.3m | Reduced -217.9k |
| Invesco Ltd. 0.04% of their portfolio | 4.0m $233.9m | Reduced -89.4k |
| Holocene Advisors, LP 0.56% of their portfolio | 3.9m $227.6m | Added +1.3m |
| STATE STREET CORP 0.01% of their portfolio | 3.9m $223.5m | Reduced -179.8k |
| WELLINGTON MANAGEMENT GROUP LLP 0.04% of their portfolio | 3.7m $212.7m | Added +140.8k |
| CITADEL ADVISORS LLC 0.16% of their portfolio | 3.3m $190.0m | Added +1.8m |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 2.3m $132.7m | Reduced -44.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.2m $130.1m | Reduced -15.1k |
| UBS Group AG 0.03% of their portfolio | 2.2m $126.3m | Added +1.0m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.33% of their portfolio | 2.2m $124.8m | New |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.9m $111.8m | Reduced -182.8k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 1.7m $95.9m | Reduced -719.7k |
| Junto Capital Management LP 1.87% of their portfolio | 1.5m $88.5m | Added +214.4k |
| FMR LLC 0.00% of their portfolio | 1.5m $87.7m | Reduced -25.4k |
| MORGAN STANLEY 0.01% of their portfolio | 1.4m $79.8m | Added +372.3k |
| JANUS HENDERSON GROUP PLC 0.04% of their portfolio | 1.3m $77.8m | Added +6.7k |
| Stephens Investment Management Group LLC 1.00% of their portfolio | 1.3m $75.7m | Reduced -84.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.2m $70.9m | Reduced -6.9k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 1.2m $69.6m | Added +1.2m |
| PRINCIPAL FINANCIAL GROUP INC 0.04% of their portfolio | 1.2m $68.0m | Added +286.3k |
| PRIMECAP MANAGEMENT CO/CA/ 0.05% of their portfolio | 1.1m $66.3m | Added +540.8k |
| NORGES BANK 0.01% of their portfolio | 1.1m $66.1m | Reduced -341.2k |
| Qube Research & Technologies Ltd 0.09% of their portfolio | 1.1m $65.0m | Added +749.0k |
| T. Rowe Price Investment Management, Inc. 0.04% of their portfolio | 1.1m $64.7m | Reduced -1.2m |
| AQR CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 1.1m $61.4m | Reduced -788.1k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.1m $61.0m | Reduced -20.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 988.9k $57.3m | Added +157.0k |
| Point72 Asset Management, L.P. 0.13% of their portfolio | 982.0k $56.9m | Added +231.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio | 981.8k $56.9m | Reduced -863.2k |
| J. Goldman & Co LP 1.77% of their portfolio | 970.6k $56.2m | New |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 947.2k $54.9m | Added +693.8k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 875.8k $50.7m | Reduced -147.9k |
| Pictet Asset Management Holding SA 0.05% of their portfolio | 837.2k $48.5m | Added +349.9k |
| SCOPUS ASSET MANAGEMENT, L.P. 1.26% of their portfolio | 811.4k $47.0m | Added +468.9k |
| JANE STREET GROUP, LLC 0.07% of their portfolio | 738.4k $42.8m | Added +670.1k |
| LOOMIS SAYLES & CO L P 0.05% of their portfolio | 719.4k $41.7m | Added +31.2k |
| Balyasny Asset Management L.P. 0.09% of their portfolio | 714.5k $41.4m | Reduced -990.0k |
| Squarepoint Ops LLC 0.09% of their portfolio | 690.5k $40.0m | Added +662.5k |
| FEDERATED HERMES, INC. 0.07% of their portfolio | 674.3k $39.1m | Reduced -189.3k |
| Baird Financial Group, Inc. 0.07% of their portfolio | 648.9k $37.6m | Added +129.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.14% of their portfolio | 640.5k $37.1m | Reduced -252.1k |
| Driehaus Capital Management LLC 0.28% of their portfolio | 598.6k $34.7m | Reduced -863.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 592.9k $34.3m | Added +200.4k |
| GABELLI FUNDS LLC 0.23% of their portfolio | 562.2k $32.6m | Added +14.5k |
| Nuveen, LLC 0.01% of their portfolio | 544.7k $31.6m | Reduced -408.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio | 526.3k $30.5m | Added +421.6k |
| STRS OHIO 0.11% of their portfolio | 499.6k $28.9m | Added +13.5k |
| Verition Fund Management LLC 0.16% of their portfolio | 490.4k $28.4m | Added +374.5k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 480.2k $27.8m | Reduced -25.1k |
| E. Ohman J:or Asset Management AB 0.68% of their portfolio | 471.7k $27.3m | Added +633 |
| Boston Partners 0.03% of their portfolio | 447.8k $24.6m | Added +119.8k |
| Employees Retirement System of Texas 0.21% of their portfolio | 440.4k $25.5m | Reduced -10.3k |
| Candlestick Capital Management LP 0.84% of their portfolio | 439.8k $25.5m | New |
| PANAGORA ASSET MANAGEMENT INC 0.11% of their portfolio | 422.5k $24.5m | Added +280.9k |
| Cubist Systematic Strategies, LLC 0.25% of their portfolio | 403.5k $23.4m | Added +190.1k |
| Man Group plc 0.05% of their portfolio | 388.8k $22.5m | Added +43.0k |
| TUDOR INVESTMENT CORP ET AL 0.17% of their portfolio | 377.4k $21.9m | Added +250.0k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 377.0k $21.8m | Added +73.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 375.8k $21.8m | Added +89.3k |
| Mediolanum International Funds Ltd 0.26% of their portfolio | 367.2k $21.5m | Added +166.1k |
| ALGERT GLOBAL LLC 0.43% of their portfolio | 355.1k $20.6m | Added +40.2k |
| Freestone Grove Partners LP 0.15% of their portfolio | 341.5k $19.8m | New |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 339.0k $19.6m | Reduced -8.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 337.3k $19.5m | Added +1.9k |
| AXIOM INVESTORS LLC /DE 0.16% of their portfolio | 336.3k $19.5m | Reduced -4.2m |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 336.1k $19.5m | Reduced -7.6k |
| Benchstone Capital Management LP 1.70% of their portfolio | 333.2k $19.3m | New |
| Allianz Asset Management GmbH 0.03% of their portfolio | 329.4k $19.1m | Reduced -249.4k |
| BRAUN STACEY ASSOCIATES INC 0.68% of their portfolio | 323.3k $18.7m | Reduced -20.3k |
| DAVIDSON INVESTMENT ADVISORS 0.83% of their portfolio | 316.9k $18.4m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 314.5k $18.2m | Added +13.1k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 307.9k $17.8m | Reduced -1.0m |
| Retirement Systems of Alabama 0.06% of their portfolio | 306.7k $17.8m | Added +150.6k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 287.1k $16.6m | Reduced -24.9k |
| TRUIST FINANCIAL CORP 0.02% of their portfolio | 280.4k $16.2m | Reduced -462.5k |
| BARCLAYS PLC 0.01% of their portfolio | 280.1k $16.2m | Added +163.9k |
| OBERWEIS ASSET MANAGEMENT INC/ 0.67% of their portfolio | 264.2k $15.3m | Reduced -9.1k |
| Legal & General Group Plc 0.00% of their portfolio | 258.9k $15.0m | Added +791 |
| SEI INVESTMENTS CO 0.02% of their portfolio | 251.3k $14.6m | Reduced -126.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 249.7k $14.5m | Reduced -246.4k |
| MONETA GROUP INVESTMENT ADVISORS LLC 0.17% of their portfolio | 249.5k $14.5m | Reduced -15.6k |
| SEGALL BRYANT & HAMILL, LLC 0.20% of their portfolio | 247.0k $14.3m | Added +130.9k |
| Swiss National Bank 0.01% of their portfolio | 245.1k $14.2m | Reduced -4.7k |
| GAMCO INVESTORS, INC. ET AL 0.14% of their portfolio | 243.3k $14.1m | Reduced -8.5k |
| Rokos Capital Management LLP 0.23% of their portfolio | 233.7k $13.5m | New |
| California Public Employees Retirement System 0.01% of their portfolio | 226.1k $13.1m | Added +9.2k |
| TWINBEECH CAPITAL LP 0.29% of their portfolio | 221.1k $12.8m | New |
| Walleye Capital LLC 0.11% of their portfolio | 209.8k $12.2m | Added +178.4k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 206.9k $12.0m | Reduced -9.5k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 197.6k $11.4m | Added +187.8k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 195.4k $11.3m | Added +172 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 192.3k $11.1m | Added +37.2k |
| Motley Fool Wealth Management, LLC 0.62% of their portfolio | 177.7k $10.3m | Added +25.5k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 175.2k $10.1m | Added +72.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 173.8k $10.1m | Added +8.9k |
| MANE GLOBAL CAPITAL MANAGEMENT LP 0.46% of their portfolio | 173.1k $10.0m | New |