BEST BUY INC BBY
COM · Common Stock · CUSIP 086516101 · ISIN US0865161014
American multinational consumer electronics retailer
- SectorConsumer discretionary
- IndustryRetail-Radio, Tv & Consumer Electronics Stores
- HeadquartersRichfield, MN
- Founded1966
- Websitebestbuy.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 ($35.9m this quarter). Holder counts are more reliable. Shares outstanding: 213.8m as of 2024-12-04, 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 ≈ $85.83. Options: 36 managers hold calls ($475.5m notional), 38 hold puts ($559.3m).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 747 |
| Q4 2022 | 780 |
| Q1 2023 | 782 |
| Q2 2023 | 740 |
| Q3 2023 | 702 |
| Q4 2023 | 770 |
| Q1 2024 | 785 |
| Q2 2024 | 832 |
| Q3 2024 | 880 |
| Q4 2024 | 856 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 390 | 356 |
| Q2 2023 | 349 | 394 |
| Q3 2023 | 339 | 350 |
| Q4 2023 | 354 | 342 |
| Q1 2024 | 411 | 350 |
| Q2 2024 | 444 | 352 |
| Q3 2024 | 468 | 392 |
| Q4 2024 | 404 | 425 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $398.9m | $397.3m | 1.00 |
| Q2 2024 | $756.3m | $577.4m | 0.76 |
| Q3 2024 | $883.2m | $688.6m | 0.78 |
| Q4 2024 | $475.5m | $559.3m | 1.18 |
Biggest buyers
| BlackRock, Inc. | Added | +1.1m |
| STATE STREET CORP | Added | +816.7k |
| NORTHERN TRUST CORP | Added | +701.3k |
| Invesco Ltd. | Added | +629.2k |
| MORGAN STANLEY | Added | +619.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +561.4k |
| CANADA PENSION PLAN INVESTMENT BOARD | Added | +511.2k |
| NORDEA INVESTMENT MANAGEMENT AB | Added | +503.2k |
| UBS Group AG | Added | +495.2k |
| Bank of New York Mellon Corp | Added | +459.4k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -7.8m |
| Ninety One UK Ltd | Sold out | -1.5m |
| Alyeska Investment Group, L.P. | Sold out | -887.8k |
| D. E. Shaw & Co., Inc. | Reduced | -770.5k |
| Amundi | Reduced | -670.1k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Reduced | -509.5k |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -442.0k |
| ROYAL BANK OF CANADA | Reduced | -433.6k |
| NORGES BANK | Reduced | -411.6k |
| Van Hulzen Asset Management, LLC | Sold out | -377.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $96.6m1.1m shares |
| CITADEL ADVISORS LLC | Reduced | $60.1m700.1k shares |
| BARCLAYS PLC | Added | $41.0m477.6k shares |
| JANE STREET GROUP, LLC | Added | $34.2m399.0k shares |
| IMC-Chicago, LLC | Reduced | $26.2m305.5k shares |
| WELLS FARGO & COMPANY/MN | Unchanged | $23.6m275.0k shares |
| PEAK6 LLC | First filing | $22.1m257.4k shares |
| D. E. Shaw & Co., Inc. | Added | $19.7m230.0k shares |
| Walleye Trading LLC | Reduced | $17.3m201.5k shares |
| Walleye Capital LLC | Added | $16.3m189.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $96.8m1.1m shares |
| CITADEL ADVISORS LLC | Added | $76.8m895.3k shares |
| Apollo Management Holdings, L.P. | New | $41.2m480.0k shares |
| BARCLAYS PLC | Reduced | $30.2m351.6k shares |
| Eisler Capital Management Ltd. | First filing | $26.7m309.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $26.4m307.3k shares |
| IMC-Chicago, LLC | Reduced | $24.2m282.6k shares |
| PEAK6 LLC | First filing | $23.7m276.2k shares |
| Walleye Trading LLC | Reduced | $20.4m238.2k shares |
| UBS Group AG | Reduced | $19.2m223.5k 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 |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.1% |
| STATE STREET CORP 13G · institution new · filed 2025-02-04 | 6.6% |
SCHULZE RICHARD M
13D · may seek influence
-1.1 pts · filed 2026-06-02
Stated purposeItem 4 is hereby amended and supplemented to add the following: On May 29, 2026, Mr. Schulze sold Shares into the open market. The Shares were sold as part of Mr. Schulze's personal long-term strategy for asset diversification and liquidity. Effective May 29, 2026, Mr. Schulze adopted a pre-arranged trading plan to sell Shares owned by the Reporting Persons in the open market (the "May 2026 Plan"). The Shares to be sold pursuant to the May 2026 Plan are part of Mr. Schulze's personal estate planning. The Shares to be sold are subject to the provisions of the May 2026 Plan until the May 2026 Plan expires, which is expected to occur in June 2027. Full filing |
6.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2024
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 |
|---|---|---|---|---|---|
| Q1 2023 | 0 | — | 6 | $5.2m | — |
| Q2 2023 | 0 | — | 7 | $2.3m | — |
| Q3 2023 | 0 | — | 2 | $3.7m | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 7 | $5.5m | — |
| Q2 2024 | 0 | — | 7 | $727.0k | — |
| Q3 2024 | 0 | — | 3 | $14.5m | $10.5m |
| Q4 2024 | 0 | — | 1 | $6.0m | $6.0m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-12-11 | Bilunas Matthew M SEVP Enterprise Strategy & CFO | Sold plan | $6.0m69.2k 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, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.04% of their portfolio | 25.2m $2.2bn | Added +1.1m |
| VANGUARD GROUP INC 0.03% of their portfolio | 23.0m $2.0bn | Added +191.2k |
| STATE STREET CORP 0.05% of their portfolio | 14.1m $1.2bn | Added +816.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.10% of their portfolio | 6.6m $562.9m | Added +395.4k |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 6.5m $557.9m | Reduced -7.8m |
| RAYMOND JAMES FINANCIAL INC 0.19% of their portfolio | 6.0m $514.5m | First filing |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 5.1m $436.2m | Added +239.8k |
| Bank of New York Mellon Corp 0.06% of their portfolio | 3.8m $328.1m | Added +459.4k |
| MORGAN STANLEY 0.02% of their portfolio | 3.7m $321.5m | Added +619.3k |
| Invesco Ltd. 0.06% of their portfolio | 3.7m $316.8m | Added +629.2k |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 3.2m $270.9m | Added +146.3k |
| Amundi 0.09% of their portfolio | 3.1m $264.8m | Reduced -670.1k |
| NORTHERN TRUST CORP 0.04% of their portfolio | 2.9m $252.5m | Added +701.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.05% of their portfolio | 2.6m $223.6m | Added +215.3k |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 2.4m $206.6m | Reduced -334.3k |
| NORGES BANK 0.02% of their portfolio | 2.1m $178.0m | Reduced -411.6k |
| D. E. Shaw & Co., Inc. 0.19% of their portfolio | 2.0m $169.7m | Reduced -770.5k |
| AQR CAPITAL MANAGEMENT LLC 0.20% of their portfolio | 1.8m $157.2m | Reduced -305.9k |
| Legal & General Group Plc 0.04% of their portfolio | 1.7m $144.4m | Reduced -14.7k |
| FEDERATED HERMES, INC. 0.30% of their portfolio | 1.6m $138.4m | Reduced -172.5k |
| Allianz Asset Management GmbH 0.20% of their portfolio | 1.6m $137.8m | Added +236.5k |
| LSV ASSET MANAGEMENT 0.28% of their portfolio | 1.4m $121.2m | Reduced -48.8k |
| UBS Group AG 0.03% of their portfolio | 1.4m $117.8m | Added +495.2k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 1.3m $110.1m | Added +197.9k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.3m $108.3m | Reduced -316.6k |
| Thrivent Financial for Lutherans 0.21% of their portfolio | 1.2m $107.0m | Added +86.3k |
| HSBC HOLDINGS PLC 0.07% of their portfolio | 1.2m $106.7m | Reduced -5.7k |
| Newport Trust Company, LLC 0.23% of their portfolio | 1.1m $96.2m | Reduced -15.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.08% of their portfolio | 1.1m $95.7m | Added +561.4k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 933.0k $80.1m | Reduced -433.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 843.2k $72.4m | Added +21.0k |
| Aberdeen Group plc 0.14% of their portfolio | 843.0k $72.0m | Reduced -32.5k |
| STIFEL FINANCIAL CORP 0.07% of their portfolio | 838.4k $71.9m | Reduced -42.0k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 831.0k $71.3m | Added +77.5k |
| CITADEL ADVISORS LLC 0.07% of their portfolio | 827.7k $71.0m | Added +48.1k |
| LORD, ABBETT & CO. LLC 0.22% of their portfolio | 820.8k $70.4m | Reduced -16.5k |
| BARCLAYS PLC 0.03% of their portfolio | 778.6k $66.8m | Added +248.7k |
| MAIRS & POWER INC 0.62% of their portfolio | 746.0k $64.0m | Reduced -186 |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 723.1k $62.1m | Added +42.2k |
| Artisan Partners Limited Partnership 0.09% of their portfolio | 691.6k $59.3m | Added +285.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.05% of their portfolio | 622.0k $53.4m | Added +511.2k |
| Robeco Institutional Asset Management B.V. 0.10% of their portfolio | 603.7k $51.8m | Added +152.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio | 595.5k $51.1m | Added +10.5k |
| NORDEA INVESTMENT MANAGEMENT AB 0.05% of their portfolio | 592.5k $50.6m | Added +503.2k |
| Swiss National Bank 0.03% of their portfolio | 576.3k $49.4m | Reduced -32.0k |
| Epoch Investment Partners, Inc. 0.24% of their portfolio | 573.8k $49.2m | Reduced -21.8k |
| Squarepoint Ops LLC 0.12% of their portfolio | 558.4k $47.9m | Added +97.5k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 558.3k $47.9m | Reduced -24.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 551.8k $47.3m | Reduced -9.1k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 536.0k $46.0m | Added +193.8k |
| FIRST TRUST ADVISORS LP 0.04% of their portfolio | 535.4k $45.9m | Reduced -2.9k |
| HS Management Partners, LLC 3.12% of their portfolio | 528.9k $45.4m | Reduced -102.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 496.2k $42.6m | Added +122.8k |
| Swedbank AB 0.05% of their portfolio | 493.8k $42.4m | Reduced -11.3k |
| CANADA LIFE ASSURANCE Co 0.07% of their portfolio | 474.0k $40.7m | Added +9.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.04% of their portfolio | 458.8k $38.4m | Added +23.7k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 455.6k $39.1m | Added +5.2k |
| CONNING INC. 1.21% of their portfolio | 402.5k $34.5m | Added +33.3k |
| TCW GROUP INC 0.29% of their portfolio | 401.1k $34.4m | Added +84.5k |
| Holocene Advisors, LP 0.11% of their portfolio | 400.0k $34.3m | New |
| National Pension Service 0.03% of their portfolio | 388.5k $33.3m | Reduced -9.0k |
| KBC Group NV 0.09% of their portfolio | 376.3k $32.3m | Added +713 |
| California Public Employees Retirement System 0.02% of their portfolio | 371.4k $31.9m | Reduced -24.0k |
| Swiss Life Asset Management Ltd 0.23% of their portfolio | 357.3k $30.7m | Added +90.1k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.06% of their portfolio | 339.0k $29.1m | First filing |
| FMR LLC 0.00% of their portfolio | 300.3k $25.8m | Added +2.9k |
| AVIVA PLC 0.07% of their portfolio | 300.1k $25.8m | Reduced -119.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 293.2k $25.2m | Reduced -1.7k |
| JUPITER ASSET MANAGEMENT LTD 0.24% of their portfolio | 289.1k $24.8m | New |
| Mitsubishi UFJ Trust & Banking Corp 0.06% of their portfolio | 285.1k $24.5m | Added +3.1k |
| BROWN ADVISORY INC 0.03% of their portfolio | 282.4k $24.2m | Added +8.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 278.0k $23.9m | Added +1.3k |
| ALPS ADVISORS INC 0.15% of their portfolio | 276.5k $23.7m | Added +31.8k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.05% of their portfolio | 275.0k $23.6m | Added +165.0k |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 264.6k $22.7m | Added +61.1k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.06% of their portfolio | 252.8k $21.7m | Reduced -11.3k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.05% of their portfolio | 247.8k $21.3m | Added +77.7k |
| US BANCORP \DE\ 0.03% of their portfolio | 246.9k $21.2m | Added +38.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 244.1k $20.9m | Reduced -3.4k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.18% of their portfolio | 242.9k $20.8m | Reduced -29.9k |
| TODD ASSET MANAGEMENT LLC 0.50% of their portfolio | 241.1k $20.7m | Reduced -30.3k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 240.5k $20.6m | Reduced -58.0k |
| CITIGROUP INC 0.02% of their portfolio | 236.2k $20.3m | Reduced -84.6k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.18% of their portfolio | 230.4k $19.8m | Reduced -139.1k |
| Ceredex Value Advisors LLC 0.39% of their portfolio | 222.5k $19.1m | Reduced -69.5k |
| Meiji Yasuda Asset Management Co Ltd. 0.72% of their portfolio | 221.6k $19.0m | Added +19.0k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.16% of their portfolio | 221.1k $19.0m | Reduced -102.0k |
| Pictet Asset Management Holding SA 0.02% of their portfolio | 221.0k $19.0m | Added +23.0k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.07% of their portfolio | 216.0k $18.5m | Reduced -22.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 213.2k $18.3m | Reduced -35.3k |
| Sabal Trust CO 1.04% of their portfolio | 209.7k $18.0m | Reduced -6.0k |
| NFJ INVESTMENT GROUP, LLC 0.58% of their portfolio | 209.5k $18.0m | Reduced -1.3k |
| Lansforsakringar Fondforvaltning AB (publ) 0.07% of their portfolio | 207.5k $17.8m | First filing |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 205.8k $17.7m | Reduced -15.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 202.3k $17.4m | Added +18.5k |
| Brandywine Global Investment Management, LLC 0.12% of their portfolio | 191.7k $16.4m | Added +50.4k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 189.9k $16.3m | Reduced -338 |
| Mirae Asset Global Investments Co., Ltd. 0.07% of their portfolio | 187.6k $16.5m | Added +33.0k |
| CANTOR FITZGERALD INVESTMENT ADVISORS L.P. 1.09% of their portfolio | 184.2k $15.8m | Added +49.3k |
| Andra AP-fonden 0.25% of their portfolio | 181.3k $15.6m | Reduced -267.8k |