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 ($2.3m this quarter). Holder counts are more reliable. Shares outstanding: 116.3m as of 2026-04-28, 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 ≈ $16.10. Options: 17 managers hold calls ($39.5m notional), 14 hold puts ($19.3m).
Trends to Q1 2026
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 |
| Q3 2025 | 436 |
| Q4 2025 | 421 |
| Q1 2026 | 378 |
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 | 235 | 192 |
| Q3 2024 | 193 | 256 |
| Q4 2024 | 247 | 210 |
| Q1 2025 | 239 | 255 |
| Q2 2025 | 243 | 265 |
| Q3 2025 | 228 | 274 |
| Q4 2025 | 220 | 223 |
| Q1 2026 | 196 | 244 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $254.9m | $138.9m | 0.54 |
| Q3 2025 | $93.9m | $28.8m | 0.31 |
| Q4 2025 | $29.9m | $23.2m | 0.78 |
| Q1 2026 | $39.5m | $19.3m | 0.49 |
Biggest buyers
| TWO SIGMA INVESTMENTS, LP | Added | +2.9m |
| CITADEL ADVISORS LLC | Added | +2.4m |
| Diamond Hill Capital Management, LLC (Investment Advisor) | New | +2.1m |
| AQR CAPITAL MANAGEMENT LLC | Added | +1.5m |
| YACKTMAN ASSET MANAGEMENT LP | New | +1.5m |
| Holocene Advisors, LP | New | +1.5m |
| Amundi | Added | +1.2m |
| Philosophy Capital Management LLC | New | +1.1m |
| UBS Group AG | Added | +1.1m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Added | +803.8k |
Biggest sellers
| WASATCH ADVISORS LP | Reduced | -4.1m |
| Woodline Partners LP | Reduced | -2.3m |
| Point72 Asset Management, L.P. | Reduced | -1.9m |
| Alyeska Investment Group, L.P. | Reduced | -1.7m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Sold out | -1.1m |
| JANUS HENDERSON GROUP PLC | Reduced | -1.0m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Reduced | -987.7k |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -760.6k |
| Champlain Investment Partners, LLC | Sold out | -731.9k |
| D. E. Shaw & Co., Inc. | Reduced | -712.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $10.2m634.3k shares |
| UBS Group AG | New | $4.0m250.0k shares |
| D. E. Shaw & Co., Inc. | Added | $3.6m225.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $3.5m216.7k shares |
| GROUP ONE TRADING LLC | Added | $3.3m204.9k shares |
| Walleye Trading LLC | Added | $3.1m194.9k shares |
| Caption Management, LLC | New | $2.7m170.0k shares |
| IMC-Chicago, LLC | Added | $1.9m117.7k shares |
| JANE STREET GROUP, LLC | Reduced | $1.4m89.9k shares |
| CITADEL ADVISORS LLC | Reduced | $979.9k60.9k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $4.0m251.1k shares |
| D. E. Shaw & Co., Inc. | Added | $3.5m219.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.2m200.5k shares |
| Point72 Asset Management, L.P. | Added | $1.5m90.3k shares |
| Walleye Capital LLC | Added | $1.2m77.1k shares |
| PEAK6 LLC | Reduced | $970.2k60.3k shares |
| SIMPLEX TRADING, LLC | Added | $950.9k59.1k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $868.9k54.0k shares |
| GROUP ONE TRADING LLC | Added | $849.6k52.8k shares |
| JANE STREET GROUP, LLC | Added | $667.7k41.5k 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 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 | — | 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 |
| Q3 2025 | 3 | $345.1k | 2 | $617.1k | $617.1k |
| Q4 2025 | 0 | — | 2 | $131.7k | $122.8k |
| Q1 2026 | 1 | $35.5k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-02-13 | Finkelstein David Isaiah Director | Bought | $35.5k2.0k 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 |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 11.3m $181.3m | Added +326.6k |
| AQR CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 8.5m $136.5m | Added +1.5m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 5.9m $95.0m | First filing |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 5.2m $83.8m | First filing |
| STATE STREET CORP 0.00% of their portfolio | 3.7m $59.2m | Reduced -100.9k |
| TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio | 3.3m $52.6m | Added +2.9m |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 3.1m $49.1m | Added +2.4m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.16% of their portfolio | 3.0m $48.8m | Added +803.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 2.8m $45.7m | Reduced -987.7k |
| Qube Research & Technologies Ltd 0.06% of their portfolio | 2.8m $44.5m | Added +189.2k |
| MORGAN STANLEY 0.00% of their portfolio | 2.4m $38.7m | Reduced -87.4k |
| UBS Group AG 0.01% of their portfolio | 2.3m $37.0m | Added +1.1m |
| Amundi 0.01% of their portfolio | 2.3m $36.3m | Added +1.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.2m $35.0m | Reduced -137.1k |
| River Road Asset Management, LLC 0.39% of their portfolio | 2.2m $34.8m | Added +50.3k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.21% of their portfolio | 2.1m $33.4m | New |
| WASATCH ADVISORS LP 0.21% of their portfolio | 2.0m $32.1m | Reduced -4.1m |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 1.8m $28.8m | Reduced -712.8k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.6m $26.2m | Reduced -601.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.6m $25.1m | Added +584.0k |
| Balyasny Asset Management L.P. 0.05% of their portfolio | 1.5m $24.7m | Added +159.1k |
| YACKTMAN ASSET MANAGEMENT LP 0.32% of their portfolio | 1.5m $24.1m | New |
| Holocene Advisors, LP 0.06% of their portfolio | 1.5m $24.0m | New |
| Gotham Asset Management, LLC 0.07% of their portfolio | 1.5m $23.8m | Added +555.2k |
| Assenagon Asset Management S.A. 0.03% of their portfolio | 1.3m $21.6m | Added +5.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 1.3m $20.3m | Reduced -142.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.2m $20.1m | Added +250.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.2m $20.1m | Added +44.0k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 1.2m $19.8m | Reduced -554.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 1.2m $19.4m | Reduced -760.6k |
| Philosophy Capital Management LLC 2.10% of their portfolio | 1.1m $18.0m | New |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 1.0m $16.5m | Reduced -469.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.0m $16.5m | Reduced -12.1k |
| Alyeska Investment Group, L.P. 0.05% of their portfolio | 991.1k $15.9m | Reduced -1.7m |
| CAPITAL FUND MANAGEMENT S.A. 0.14% of their portfolio | 983.7k $15.8m | Added +620.7k |
| Pictet Asset Management Holding SA 0.02% of their portfolio | 958.7k $15.4m | Reduced -169.1k |
| SHAPIRO CAPITAL MANAGEMENT LLC 0.94% of their portfolio | 935.3k $15.0m | Added +252.4k |
| Point72 Asset Management, L.P. 0.03% of their portfolio | 934.8k $15.0m | Reduced -1.9m |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 850.8k $13.7m | Reduced -374.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 849.4k $13.7m | Added +512.9k |
| Retirement Systems of Alabama 0.04% of their portfolio | 777.9k $12.5m | Added +239.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 776.2k $12.5m | Reduced -40.3k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 767.9k $12.4m | Added +237.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 742.0k $11.9m | Added +594.2k |
| DAVIDSON INVESTMENT ADVISORS 0.52% of their portfolio | 742.0k $11.9m | Added +441.3k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 739.9k $11.9m | New |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 728.6k $11.7m | First filing |
| FMR LLC 0.00% of their portfolio | 716.0k $11.5m | Added +507.9k |
| Engineers Gate Manager LP 0.14% of their portfolio | 696.0k $11.2m | Added +562.4k |
| CITIGROUP INC 0.01% of their portfolio | 694.1k $11.2m | Added +515.7k |
| PRIMECAP MANAGEMENT CO/CA/ 0.01% of their portfolio | 654.7k $10.5m | Reduced -5.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 648.1k $10.4m | Added +254.9k |
| GABELLI FUNDS LLC 0.07% of their portfolio | 620.2k $10.0m | Added +73.7k |
| SG Americas Securities, LLC 0.01% of their portfolio | 606.6k $9.8m | Added +325.7k |
| Pacer Advisors, Inc. 0.03% of their portfolio | 590.4k $9.5m | Added +563.8k |
| Divisadero Street Capital Management, LP 0.39% of their portfolio | 523.7k $8.4m | Added +468.0k |
| T. Rowe Price Investment Management, Inc. 0.01% of their portfolio | 499.3k $8.0m | Added +37.9k |
| TUDOR INVESTMENT CORP ET AL 0.04% of their portfolio | 495.7k $8.0m | Reduced -74.1k |
| CREDIT AGRICOLE S A 0.02% of their portfolio | 465.8k $7.5m | Unchanged |
| Man Group plc 0.02% of their portfolio | 458.4k $7.4m | Added +240.0k |
| Clarkston Capital Partners, LLC 0.55% of their portfolio | 446.8k $7.2m | Reduced -707.3k |
| Y-Intercept (Hong Kong) Ltd 0.14% of their portfolio | 444.0k $7.1m | Added +269.6k |
| ING GROEP NV 0.04% of their portfolio | 425.4k $6.8m | Reduced -322.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 413.9k $6.7m | Added +43.7k |
| Invesco Ltd. 0.00% of their portfolio | 404.5k $6.5m | Added +155.2k |
| Bridgewater Associates, LP 0.03% of their portfolio | 391.1k $6.3m | Added +181.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 362.6k $5.8m | Reduced -485.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 324.9k $5.2m | Added +179.3k |
| Squarepoint Ops LLC 0.01% of their portfolio | 322.0k $5.2m | Reduced -561.7k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 309.2k $5.0m | Reduced -10.5k |
| Trexquant Investment LP 0.03% of their portfolio | 299.0k $4.8m | Reduced -300.1k |
| Counterpoint Mutual Funds LLC 0.72% of their portfolio | 297.3k $4.8m | Added +278.5k |
| Woodline Partners LP 0.02% of their portfolio | 283.8k $4.6m | Reduced -2.3m |
| GAMCO INVESTORS, INC. ET AL 0.04% of their portfolio | 278.7k $4.5m | Reduced -3.7k |
| Sone Capital Management, LLC 0.38% of their portfolio | 277.6k $4.5m | Added +208.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 271.7k $4.4m | Reduced -446.0k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.27% of their portfolio | 268.2k $4.3m | Reduced -86.7k |
| HRT FINANCIAL LP 0.01% of their portfolio | 247.1k $4.0m | Reduced -172.9k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 239.5k $3.9m | Reduced -1.0m |
| KENNEDY CAPITAL MANAGEMENT LLC 0.08% of their portfolio | 239.4k $3.9m | Added +84.4k |
| Nuveen, LLC 0.00% of their portfolio | 238.8k $3.8m | Reduced -123.1k |
| GROUP ONE TRADING LLC 0.13% of their portfolio | 237.4k $3.8m | New |
| Swiss National Bank 0.00% of their portfolio | 234.3k $3.8m | Reduced -14.1k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 229.7k $3.7m | Reduced -100.0k |
| Freemont Management S.A. 0.70% of their portfolio | 229.4k $3.7m | Added +36.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 225.2k $3.6m | Reduced -7.3k |
| IRIDIAN ASSET MANAGEMENT LLC/CT 1.45% of their portfolio | 222.9k $3.6m | New |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 212.3k $3.4m | Added +106.7k |
| IEQ CAPITAL, LLC 0.02% of their portfolio | 201.5k $3.2m | Reduced -59.1k |
| SIMPLEX TRADING, LLC 0.09% of their portfolio | 190.4k $3.1m | New |
| Invenomic Capital Management LP 0.13% of their portfolio | 175.3k $2.8m | New |
| ARDSLEY ADVISORY PARTNERS LP 0.43% of their portfolio | 175.0k $2.8m | Reduced -65.0k |
| Voleon Capital Management LP 0.06% of their portfolio | 169.4k $2.7m | Reduced -7.5k |
| Mariner, LLC 0.00% of their portfolio | 167.5k $2.7m | Added +26.1k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 160.3k $2.6m | Added +34.2k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.23% of their portfolio | 157.9k $2.5m | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 155.4k $2.5m | Added +41.3k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 154.6k $2.5m | Reduced -45.1k |
| Legal & General Group Plc 0.00% of their portfolio | 152.4k $2.5m | Reduced -37.3k |
| ONTARIO TEACHERS PENSION PLAN BOARD 0.07% of their portfolio | 152.0k $2.4m | Added +142.2k |