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 ($61.8m this quarter). Holder counts are more reliable. Shares outstanding: 211.3m as of 2025-06-04, 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 ≈ $67.27. Options: 28 managers hold calls ($291.0m notional), 34 hold puts ($411.8m).
Trends to Q2 2025
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 |
| Q1 2025 | 818 |
| Q2 2025 | 817 |
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 | 339 | 350 |
| Q4 2023 | 354 | 342 |
| Q1 2024 | 411 | 350 |
| Q2 2024 | 444 | 352 |
| Q3 2024 | 468 | 392 |
| Q4 2024 | 404 | 425 |
| Q1 2025 | 379 | 442 |
| Q2 2025 | 427 | 396 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $883.2m | $688.6m | 0.78 |
| Q4 2024 | $475.5m | $559.3m | 1.18 |
| Q1 2025 | $225.6m | $335.3m | 1.49 |
| Q2 2025 | $291.0m | $411.8m | 1.42 |
Biggest buyers
| ROYAL BANK OF CANADA | Added | +1.4m |
| AQR CAPITAL MANAGEMENT LLC | Added | +991.1k |
| Invesco Ltd. | Added | +621.9k |
| WORLDQUANT MILLENNIUM ADVISORS LLC | Added | +614.8k |
| UBS Group AG | Added | +521.3k |
| STATE STREET CORP | Added | +496.2k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Added | +482.1k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +471.5k |
| VANGUARD GROUP INC | Added | +419.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +408.0k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -2.1m |
| Bank of New York Mellon Corp | Reduced | -1.7m |
| RAYMOND JAMES FINANCIAL INC | Reduced | -1.2m |
| MARSHALL WACE, LLP | Reduced | -1.1m |
| CITADEL ADVISORS LLC | Reduced | -798.5k |
| MAIRS & POWER INC | Reduced | -672.8k |
| LORD, ABBETT & CO. LLC | Sold out | -637.8k |
| JANE STREET GROUP, LLC | Sold out | -311.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -284.3k |
| Ceredex Value Advisors LLC | Sold out | -244.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $53.8m802.0k shares |
| CITADEL ADVISORS LLC | Added | $44.4m660.8k shares |
| JANE STREET GROUP, LLC | Added | $33.8m503.1k shares |
| IMC-Chicago, LLC | Added | $17.8m265.8k shares |
| Squarepoint Ops LLC | Added | $17.7m263.4k shares |
| Walleye Trading LLC | Added | $15.7m233.6k shares |
| PEAK6 LLC | Added | $13.2m196.8k shares |
| UBS Group AG | Added | $12.7m188.6k shares |
| Eisler Capital Management Ltd. | Added | $12.1m180.9k shares |
| Twin Tree Management, LP | New | $11.7m173.9k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $62.6m932.5k shares |
| BARCLAYS PLC | Added | $60.4m900.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $55.6m828.3k shares |
| PEAK6 LLC | Added | $54.1m805.6k shares |
| Walleye Trading LLC | Added | $25.9m385.9k shares |
| JANE STREET GROUP, LLC | Added | $24.2m360.1k shares |
| IMC-Chicago, LLC | Added | $23.6m352.0k shares |
| SIMPLEX TRADING, LLC | Added | $15.9m237.0k shares |
| Squarepoint Ops LLC | Added | $14.3m213.4k shares |
| Walleye Capital LLC | Added | $10.9m162.2k 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 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 | — | 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 |
| Q1 2025 | 1 | $984.4k | 6 | $6.4m | $4.5m |
| Q2 2025 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-09 | SCHULZE RICHARD M Chairman Emeritus · Trustee for Revocable Trust | Sold | $38.6m529.2k shares |
| 2025-06-09 | SCHULZE RICHARD M Chairman Emeritus · Family Foundation | Sold | $14.6m200.0k 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, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.03% of their portfolio | 25.0m $1.7bn | Added +144.6k |
| VANGUARD GROUP INC 0.03% of their portfolio | 23.4m $1.6bn | Added +419.3k |
| STATE STREET CORP 0.03% of their portfolio | 13.6m $927.8m | Added +496.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.08% of their portfolio | 7.0m $472.5m | Added +69.5k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 5.4m $363.3m | Reduced -2.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 5.0m $337.4m | Reduced -47.0k |
| Invesco Ltd. 0.05% of their portfolio | 4.5m $305.4m | Added +621.9k |
| RAYMOND JAMES FINANCIAL INC 0.10% of their portfolio | 4.5m $303.2m | Reduced -1.2m |
| AQR CAPITAL MANAGEMENT LLC 0.19% of their portfolio | 3.5m $235.1m | Added +991.1k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 3.3m $219.2m | Added +1.4k |
| MORGAN STANLEY 0.01% of their portfolio | 3.1m $209.9m | Reduced -157.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 3.0m $201.6m | Added +408.0k |
| Amundi 0.07% of their portfolio | 2.8m $203.4m | Added +35.6k |
| D. E. Shaw & Co., Inc. 0.18% of their portfolio | 2.8m $185.2m | Reduced -174.5k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 2.7m $183.8m | Added +162.9k |
| NORGES BANK 0.02% of their portfolio | 2.6m $171.9m | Reduced -69.9k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 2.5m $166.4m | Reduced -99.6k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 2.3m $156.4m | Added +1.4m |
| UBS Group AG 0.03% of their portfolio | 2.0m $136.5m | Added +521.3k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.7m $115.2m | Reduced -1.7m |
| Legal & General Group Plc 0.03% of their portfolio | 1.7m $111.2m | Reduced -93.2k |
| Allianz Asset Management GmbH 0.14% of their portfolio | 1.6m $104.1m | Added +335.8k |
| Thrivent Financial for Lutherans 0.23% of their portfolio | 1.5m $103.4m | Added +231.0k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.5m $98.6m | Reduced -124.1k |
| FEDERATED HERMES, INC. 0.18% of their portfolio | 1.4m $95.7m | Reduced -239.5k |
| HSBC HOLDINGS PLC 0.06% of their portfolio | 1.4m $93.8m | Added +117.1k |
| LSV ASSET MANAGEMENT 0.21% of their portfolio | 1.3m $90.2m | Reduced -37.7k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 1.3m $87.6m | Added +155.7k |
| Pacer Advisors, Inc. 0.21% of their portfolio | 1.2m $82.9m | Added +211.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.07% of their portfolio | 1.2m $78.8m | Added +299.7k |
| Newport Trust Company, LLC 0.19% of their portfolio | 1.2m $77.7m | Added +31.4k |
| Squarepoint Ops LLC 0.16% of their portfolio | 1.1m $71.8m | Added +71.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio | 1.1m $71.3m | Added +120.4k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 951.4k $63.9m | Added +68.2k |
| BARCLAYS PLC 0.02% of their portfolio | 844.0k $56.7m | Added +218.6k |
| STIFEL FINANCIAL CORP 0.05% of their portfolio | 768.6k $51.6m | Reduced -24.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio | 728.9k $48.9m | Added +187.6k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 723.9k $48.6m | Added +84.9k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 707.9k $47.5m | Added +205.5k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.23% of their portfolio | 686.6k $46.1m | Added +614.8k |
| FMR LLC 0.00% of their portfolio | 650.0k $43.6m | Added +271.5k |
| Epoch Investment Partners, Inc. 0.22% of their portfolio | 624.1k $41.9m | Added +21.1k |
| Swiss National Bank 0.02% of their portfolio | 607.8k $40.8m | Added +34.9k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.03% of their portfolio | 605.4k $40.6m | Added +482.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 591.6k $39.7m | Added +33.4k |
| NORDEA INVESTMENT MANAGEMENT AB 0.04% of their portfolio | 590.2k $39.8m | Reduced -346 |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 579.3k $38.9m | Reduced -798.5k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 576.8k $38.7m | Reduced -93.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.14% of their portfolio | 572.9k $38.5m | Added +293.9k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 569.0k $38.2m | Added +66.8k |
| Nuveen, LLC 0.01% of their portfolio | 551.3k $37.0m | Added +13.7k |
| Robeco Institutional Asset Management B.V. 0.06% of their portfolio | 547.7k $36.8m | Added +5.7k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 544.8k $36.6m | Added +107.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio | 517.0k $34.7m | Added +471.5k |
| MARSHALL WACE, LLP 0.04% of their portfolio | 511.4k $34.3m | Reduced -1.1m |
| Andra AP-fonden 0.46% of their portfolio | 490.3k $32.9m | Added +35.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 483.2k $32.7m | Reduced -113.4k |
| CONNING INC. 1.10% of their portfolio | 479.1k $32.2m | Added +24.7k |
| CITIGROUP INC 0.02% of their portfolio | 459.5k $30.8m | Added +21.3k |
| CANADA LIFE ASSURANCE Co 0.05% of their portfolio | 433.1k $29.1m | Reduced -68.8k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio | 429.6k $29.0m | Reduced -92.5k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.19% of their portfolio | 353.3k $23.7m | Added +34.3k |
| TODD ASSET MANAGEMENT LLC 0.51% of their portfolio | 351.8k $23.6m | Added +34.2k |
| TCW GROUP INC 0.18% of their portfolio | 348.6k $23.4m | Reduced -73.2k |
| California Public Employees Retirement System 0.01% of their portfolio | 346.1k $23.2m | Reduced -13.7k |
| Swedbank AB 0.03% of their portfolio | 345.0k $23.2m | First filing |
| Swiss Life Asset Management Ltd 0.14% of their portfolio | 341.1k $22.9m | Added +43.4k |
| Mitsubishi UFJ Trust & Banking Corp 0.05% of their portfolio | 340.0k $22.8m | Reduced -70.2k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 337.8k $22.7m | Added +177.3k |
| ALPS ADVISORS INC 0.13% of their portfolio | 337.6k $22.7m | Reduced -339 |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 337.4k $22.7m | Reduced -8.6k |
| Freestone Grove Partners LP 0.16% of their portfolio | 315.2k $21.2m | Added +79.5k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 313.6k $21.1m | Added +76.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 302.7k $20.3m | Added +8.1k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.04% of their portfolio | 302.4k $20.3m | Reduced -15.7k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.04% of their portfolio | 282.7k $19.0m | Added +5.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 282.3k $19.0m | Added +1.5k |
| STRS OHIO 0.07% of their portfolio | 279.6k $18.8m | Added +92.6k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio | 271.4k $18.2m | Added +133.5k |
| NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio | 265.7k $17.8m | Added +117.7k |
| Aberdeen Group plc 0.03% of their portfolio | 254.0k $17.0m | Added +43.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 248.8k $16.7m | Added +7.2k |
| Brandywine Global Investment Management, LLC 0.11% of their portfolio | 234.6k $15.7m | Reduced -37.4k |
| US BANCORP \DE\ 0.02% of their portfolio | 227.5k $15.3m | Reduced -20.6k |
| Mirae Asset Global Investments Co., Ltd. 0.05% of their portfolio | 220.9k $14.8m | Added +19.9k |
| HANCOCK WHITNEY CORP 0.28% of their portfolio | 220.8k $14.8m | New |
| Gotham Asset Management, LLC 0.09% of their portfolio | 220.0k $14.8m | Added +58.5k |
| DANSKE BANK A/S 0.04% of their portfolio | 217.5k $14.6m | Added +112.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 216.6k $14.5m | Reduced -26.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 208.0k $14.0m | Added +2.3k |
| BROWN ADVISORY INC 0.02% of their portfolio | 206.8k $13.9m | Reduced -71.3k |
| CAPITAL FUND MANAGEMENT S.A. 0.15% of their portfolio | 206.6k $13.9m | New |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio | 205.5k $14.8m | Added +21.1k |
| CANTOR FITZGERALD INVESTMENT ADVISORS L.P. 0.95% of their portfolio | 199.8k $13.4m | Added +2.5k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 196.5k $13.2m | Added +27.5k |
| Illinois Municipal Retirement Fund 0.18% of their portfolio | 194.2k $13.0m | Added +44.5k |
| Janney Capital Management LLC 0.84% of their portfolio | 193.2k $13.0m | Added +25.7k |
| AXA S.A. 0.04% of their portfolio | 191.8k $12.9m | Added +113.0k |
| Assenagon Asset Management S.A. 0.02% of their portfolio | 191.4k $12.8m | Added +177.2k |
| BANK OF NOVA SCOTIA 0.03% of their portfolio | 187.5k $12.6m | Added +141.3k |