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 ($115.2m this quarter). Holder counts are more reliable. Shares outstanding: 209.5m as of 2025-12-03, 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 ≈ $66.99. Options: 29 managers hold calls ($338.5m notional), 34 hold puts ($363.7m).
Trends to Q4 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 |
| Q3 2025 | 869 |
| Q4 2025 | 915 |
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 2024 | 411 | 350 |
| Q2 2024 | 444 | 352 |
| Q3 2024 | 468 | 392 |
| Q4 2024 | 404 | 425 |
| Q1 2025 | 379 | 442 |
| Q2 2025 | 427 | 396 |
| Q3 2025 | 438 | 384 |
| Q4 2025 | 474 | 365 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $225.6m | $335.3m | 1.49 |
| Q2 2025 | $291.0m | $411.8m | 1.42 |
| Q3 2025 | $444.1m | $528.1m | 1.19 |
| Q4 2025 | $338.5m | $363.7m | 1.07 |
Biggest buyers
| HSBC HOLDINGS PLC | Added | +3.0m |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Added | +2.4m |
| AQR CAPITAL MANAGEMENT LLC | Added | +2.2m |
| UBS Group AG | Added | +2.0m |
| WORLDQUANT MILLENNIUM ADVISORS LLC | Added | +1.2m |
| BlackRock, Inc. | Added | +1.2m |
| GOLDMAN SACHS GROUP INC | Added | +975.3k |
| Qube Research & Technologies Ltd | New | +929.7k |
| KBC Group NV | Added | +785.3k |
| MILLENNIUM MANAGEMENT LLC | Added | +728.5k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -3.1m |
| D. E. Shaw & Co., Inc. | Reduced | -1.2m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -755.3k |
| Balyasny Asset Management L.P. | Reduced | -723.2k |
| SCOPUS ASSET MANAGEMENT, L.P. | Sold out | -602.0k |
| ING GROEP NV | Sold out | -535.2k |
| Legal & General Group Plc | Reduced | -432.8k |
| Interval Partners, LP | Sold out | -431.9k |
| NATIXIS | Reduced | -411.5k |
| Walleye Capital LLC | Reduced | -385.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $50.7m757.1k shares |
| JANE STREET GROUP, LLC | Added | $48.7m727.4k shares |
| Parallax Volatility Advisers, L.P. | Added | $47.1m703.1k shares |
| CITADEL ADVISORS LLC | Reduced | $45.6m681.8k shares |
| IMC-Chicago, LLC | Reduced | $22.8m340.9k shares |
| BARCLAYS PLC | Added | $20.1m300.0k shares |
| Squarepoint Ops LLC | Reduced | $17.6m263.4k shares |
| Walleye Trading LLC | Added | $14.0m208.9k shares |
| UBS Group AG | Added | $9.6m143.6k shares |
| Point72 Asset Management, L.P. | New | $8.9m133.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $65.8m983.0k shares |
| BARCLAYS PLC | Unchanged | $60.2m900.0k shares |
| CITADEL ADVISORS LLC | Reduced | $59.4m887.2k shares |
| JANE STREET GROUP, LLC | Reduced | $30.0m447.6k shares |
| Walleye Trading LLC | Added | $24.8m370.5k shares |
| IMC-Chicago, LLC | Reduced | $19.4m290.4k shares |
| PEAK6 LLC | Added | $17.6m263.6k shares |
| SIMPLEX TRADING, LLC | Added | $14.6m217.5k shares |
| J. Goldman & Co LP | New | $12.9m192.6k shares |
| UBS Group AG | Added | $10.7m159.8k 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 |
|---|---|
| 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 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q3 2025 | 0 | — | 1 | $430.1k | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-10-30 | SCHULZE RICHARD M Chairman Emeritus · Trustee for Revocable Trust | Sold plan | $6.3m74.6k shares |
| 2025-10-29 | SCHULZE RICHARD M Chairman Emeritus · Trustee for Revocable Trust | Sold plan | $5.3m62.8k shares |
| 2025-10-28 | SCHULZE RICHARD M Chairman Emeritus · Trustee for Revocable Trust | Sold plan | $7.8m93.3k shares |
| 2025-10-27 | SCHULZE RICHARD M Chairman Emeritus · Trustee for Revocable Trust | Sold plan | $8.8m104.3k shares |
| 2025-10-24 | SCHULZE RICHARD M Chairman Emeritus · Trustee for Revocable Trust | Sold plan | $31.1m374.2k shares |
| 2025-10-21 | SCHULZE RICHARD M Chairman Emeritus · Trustee for Revocable Trust | Sold plan | $26.8m325.8k shares |
| 2025-10-20 | SCHULZE RICHARD M Chairman Emeritus · Trustee for Revocable Trust | Sold plan | $40.4m500.0k 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, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.03% of their portfolio | 26.1m $1.7bn | Added +1.2m |
| VANGUARD GROUP INC 0.02% of their portfolio | 24.3m $1.6bn | Added +307.9k |
| STATE STREET CORP 0.03% of their portfolio | 13.2m $899.0m | Reduced -91.1k |
| AQR CAPITAL MANAGEMENT LLC 0.32% of their portfolio | 9.2m $613.0m | Added +2.2m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.08% of their portfolio | 7.5m $498.8m | Added +160.7k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 6.3m $421.1m | Reduced -3.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 5.2m $347.0m | Reduced -8.4k |
| Invesco Ltd. 0.03% of their portfolio | 4.7m $316.7m | Added +272.0k |
| RAYMOND JAMES FINANCIAL INC 0.09% of their portfolio | 4.1m $276.9m | Reduced -325.7k |
| HSBC HOLDINGS PLC 0.08% of their portfolio | 4.0m $271.4m | Added +3.0m |
| UBS Group AG 0.05% of their portfolio | 4.0m $269.7m | Added +2.0m |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 3.9m $263.9m | Added +975.3k |
| MORGAN STANLEY 0.02% of their portfolio | 3.8m $252.9m | Added +605.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 3.1m $209.7m | Added +664.5k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 3.1m $207.9m | Added +1.7k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.16% of their portfolio | 3.1m $207.2m | Added +2.4m |
| NORTHERN TRUST CORP 0.02% of their portfolio | 2.8m $190.3m | Reduced -45.4k |
| NORGES BANK 0.02% of their portfolio | 2.6m $174.7m | Not comparable |
| Bank of New York Mellon Corp 0.03% of their portfolio | 2.2m $148.5m | Added +464.0k |
| Pacer Advisors, Inc. 0.35% of their portfolio | 2.0m $133.0m | Reduced -11.5k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.42% of their portfolio | 1.6m $107.6m | Added +1.2m |
| FEDERATED HERMES, INC. 0.17% of their portfolio | 1.5m $99.3m | Added +60.6k |
| Amundi 0.03% of their portfolio | 1.5m $99.3m | Added +242.6k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 1.4m $95.8m | Added +46.1k |
| Allianz Asset Management GmbH 0.11% of their portfolio | 1.4m $94.6m | Reduced -225.1k |
| LSV ASSET MANAGEMENT 0.19% of their portfolio | 1.3m $87.6m | Added +88 |
| JANUS HENDERSON GROUP PLC 0.04% of their portfolio | 1.3m $85.5m | Added +361.5k |
| Legal & General Group Plc 0.02% of their portfolio | 1.2m $82.2m | Reduced -432.8k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.32% of their portfolio | 1.2m $82.0m | Added +532.4k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 1.2m $81.5m | Reduced -164.5k |
| Newport Trust Company, LLC 0.18% of their portfolio | 1.1m $76.9m | Reduced -10.0k |
| California Public Employees Retirement System 0.04% of their portfolio | 1.1m $76.3m | Added +368.9k |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 1.1m $75.9m | Added +728.5k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 1.1m $72.9m | Added +231.3k |
| KBC Group NV 0.16% of their portfolio | 1.1m $70.5m | Added +785.3k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 1.0m $69.7m | Added +197.9k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.12% of their portfolio | 1.0m $69.1m | Added +411.9k |
| CITIGROUP INC 0.05% of their portfolio | 1.0m $68.6m | Added +378.1k |
| Robeco Institutional Asset Management B.V. 0.10% of their portfolio | 1.0m $67.1m | Added +250.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 967.2k $64.7m | Reduced -150.5k |
| FMR LLC 0.00% of their portfolio | 943.8k $63.2m | Added +619.3k |
| Qube Research & Technologies Ltd 0.09% of their portfolio | 929.7k $62.2m | New |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 864.4k $57.9m | Added +275.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 813.6k $54.5m | Added +164.9k |
| Man Group plc 0.10% of their portfolio | 808.6k $54.1m | Added +123.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.18% of their portfolio | 772.2k $51.7m | Added +507.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 735.6k $49.2m | Added +198.7k |
| BARCLAYS PLC 0.02% of their portfolio | 695.4k $46.5m | Added +64.2k |
| STIFEL FINANCIAL CORP 0.04% of their portfolio | 687.3k $46.0m | Reduced -57.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio | 679.1k $45.5m | Added +411.3k |
| Quantinno Capital Management LP 0.09% of their portfolio | 636.3k $42.6m | Added +422.0k |
| Epoch Investment Partners, Inc. 0.23% of their portfolio | 604.9k $40.5m | Reduced -33.8k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 591.8k $39.6m | Reduced -83.5k |
| IEQ CAPITAL, LLC 0.12% of their portfolio | 578.3k $38.7m | Added +180.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 576.4k $38.6m | Added +1.9k |
| Eurizon Capital SGR S.p.A. 0.12% of their portfolio | 576.0k $38.6m | First filing |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 566.7k $37.9m | Reduced -5.2k |
| Swiss National Bank 0.02% of their portfolio | 547.1k $36.6m | Reduced -31.5k |
| NORDEA INVESTMENT MANAGEMENT AB 0.03% of their portfolio | 534.6k $35.9m | Reduced -28.7k |
| Nuveen, LLC 0.01% of their portfolio | 529.5k $35.4m | Reduced -5.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio | 479.0k $33.2m | Added +38.7k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.05% of their portfolio | 450.4k $30.1m | Added +422.5k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 446.2k $29.9m | Added +143.7k |
| CONNING INC. 0.98% of their portfolio | 436.7k $29.2m | Added +19.5k |
| Swiss Life Asset Management Ltd 0.15% of their portfolio | 426.2k $28.5m | Added +117.0k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 411.7k $27.6m | Added +68.7k |
| Cerity Partners LLC 0.04% of their portfolio | 394.3k $26.4m | Added +95.3k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 388.3k $26.0m | Reduced -28.1k |
| Andra AP-fonden 0.32% of their portfolio | 382.2k $25.6m | Reduced -77.3k |
| Swedbank AB 0.02% of their portfolio | 368.8k $24.7m | Added +3.7k |
| Trexquant Investment LP 0.21% of their portfolio | 345.6k $23.1m | Added +200.6k |
| ALPS ADVISORS INC 0.13% of their portfolio | 341.4k $22.9m | Added +18.1k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.17% of their portfolio | 335.2k $22.4m | Reduced -21.6k |
| LPL Financial LLC 0.01% of their portfolio | 335.1k $22.4m | Added +208.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 325.6k $21.8m | Reduced -20.5k |
| TODD ASSET MANAGEMENT LLC 0.42% of their portfolio | 324.0k $21.7m | Reduced -31.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 323.6k $21.7m | Added +289.6k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.04% of their portfolio | 322.2k $21.7m | Added +26.8k |
| BANK OF NOVA SCOTIA 0.03% of their portfolio | 315.1k $21.1m | Added +244.8k |
| Mitsubishi UFJ Trust & Banking Corp 0.05% of their portfolio | 305.7k $20.5m | Reduced -68.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 286.9k $19.2m | Added +5.2k |
| STRS OHIO 0.07% of their portfolio | 281.6k $18.8m | Added +8 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 273.9k $18.3m | Reduced -23.8k |
| Assenagon Asset Management S.A. 0.03% of their portfolio | 270.1k $18.1m | Added +255.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 267.5k $17.9m | Reduced -335.7k |
| Gotham Asset Management, LLC 0.06% of their portfolio | 252.4k $16.9m | Reduced -62.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 248.4k $16.6m | Added +6.5k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 247.5k $16.6m | Reduced -1.2m |
| Pictet Asset Management Holding SA 0.02% of their portfolio | 238.1k $15.9m | Added +55.7k |
| Aberdeen Group plc 0.02% of their portfolio | 235.6k $15.8m | Reduced -3.4k |
| CWM, LLC 0.04% of their portfolio | 227.3k $15.2m | Added +43.5k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.09% of their portfolio | 225.0k $15.1m | Added +67.6k |
| Mariner, LLC 0.02% of their portfolio | 225.0k $15.1m | Added +93.5k |
| CANADA LIFE ASSURANCE Co 0.03% of their portfolio | 222.0k $14.9m | Reduced -152.9k |
| Mirae Asset Global Investments Co., Ltd. 0.04% of their portfolio | 221.3k $14.8m | Reduced -10.7k |
| Illinois Municipal Retirement Fund 0.18% of their portfolio | 210.9k $14.1m | Added +277 |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.05% of their portfolio | 206.2k $13.8m | Added +79.9k |
| Ceredex Value Advisors LLC 0.40% of their portfolio | 196.8k $13.2m | Added +29.2k |
| AE Wealth Management LLC 0.07% of their portfolio | 195.1k $13.1m | Added +8.6k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 189.5k $15.8m | Reduced -42.0k |