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 ($80.7m this quarter). Holder counts are more reliable. Shares outstanding: 209.1m as of 2026-03-16, 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 ≈ $64.24. Options: 25 managers hold calls ($390.8m notional), 31 hold puts ($332.2m).
Trends to Q1 2026
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 |
| Q1 2026 | 865 |
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 | 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 |
| Q1 2026 | 433 | 436 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $291.0m | $411.8m | 1.42 |
| Q3 2025 | $444.1m | $528.1m | 1.19 |
| Q4 2025 | $338.5m | $363.7m | 1.07 |
| Q1 2026 | $390.8m | $332.2m | 0.85 |
Biggest buyers
| GEODE CAPITAL MANAGEMENT, LLC | Added | +2.5m |
| LOS ANGELES CAPITAL MANAGEMENT LLC | Added | +1.1m |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Added | +1.1m |
| RENAISSANCE TECHNOLOGIES LLC | Added | +770.3k |
| Invesco Ltd. | Added | +764.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +724.1k |
| SG Americas Securities, LLC | Added | +707.7k |
| CANADA PENSION PLAN INVESTMENT BOARD | Added | +674.3k |
| KBC Group NV | Added | +532.0k |
| Engineers Gate Manager LP | Added | +447.7k |
Biggest sellers
| AQR CAPITAL MANAGEMENT LLC | Reduced | -3.0m |
| HSBC HOLDINGS PLC | Reduced | -2.1m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Reduced | -1.3m |
| UBS Group AG | Reduced | -1.3m |
| JANUS HENDERSON GROUP PLC | Reduced | -1.3m |
| JPMORGAN CHASE & CO | Reduced | -1.2m |
| Pacer Advisors, Inc. | Reduced | -1.0m |
| Qube Research & Technologies Ltd | Sold out | -929.7k |
| FMR LLC | Reduced | -808.2k |
| California Public Employees Retirement System | Reduced | -779.2k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $220.3m3.4m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $57.7m898.8k shares |
| CITADEL ADVISORS LLC | Reduced | $40.7m633.4k shares |
| IMC-Chicago, LLC | Reduced | $21.5m335.0k shares |
| Walleye Trading LLC | Reduced | $11.6m181.0k shares |
| Squarepoint Ops LLC | Reduced | $6.7m104.7k shares |
| UBS Group AG | Reduced | $4.3m67.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.9m61.3k shares |
| GROUP ONE TRADING LLC | Added | $3.8m59.7k shares |
| ExodusPoint Capital Management, LP | New | $3.7m57.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $100.0m1.6m shares |
| CITADEL ADVISORS LLC | Added | $89.9m1.4m shares |
| IMC-Chicago, LLC | Added | $41.5m646.9k shares |
| JANE STREET GROUP, LLC | Added | $32.7m509.1k shares |
| BARCLAYS PLC | Reduced | $9.1m142.3k shares |
| Walleye Trading LLC | Reduced | $9.0m140.1k shares |
| Balyasny Asset Management L.P. | New | $6.4m100.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $5.5m85.4k shares |
| Squarepoint Ops LLC | Added | $5.3m82.1k shares |
| GROUP ONE TRADING LLC | Added | $5.0m77.8k 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 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 | — | 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 | — | — |
| Q1 2026 | 0 | — | 6 | $4.9m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-23 | Barry Corie S CEO, director | Sold | $2.7m42.9k shares |
| 2026-03-23 | Bilunas Matthew M SEVP Enterprise Strategy & CFO | Sold | $727.0k11.4k shares |
| 2026-03-23 | Scarlett Kathleen SEVP, Corp Affairs & HR | Sold | $515.3k8.0k shares |
| 2026-03-23 | Bonfig Jason J SEVP Cust Offer, Fulfill & Can | Sold | $405.6k6.3k shares |
| 2026-03-23 | Hartman Todd G. GC, Chief Risk Officer | Sold | $341.8k5.3k shares |
| 2026-03-23 | Watson Mathew SVP, Controller & CAO | Sold | $211.1k3.3k 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. 0.03% of their portfolio | 25.4m $1.6bn | Reduced -641.9k |
| STATE STREET CORP 0.03% of their portfolio | 13.2m $857.1m | Reduced -88.9k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 12.8m $820.8m | First filing |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.03% of their portfolio | 9.8m $627.3m | First filing |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 7.7m $501.7m | Added +2.5m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.06% of their portfolio | 6.2m $395.9m | Reduced -1.3m |
| AQR CAPITAL MANAGEMENT LLC 0.18% of their portfolio | 6.1m $394.6m | Reduced -3.0m |
| Invesco Ltd. 0.03% of their portfolio | 5.5m $352.9m | Added +764.9k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 5.1m $327.7m | Reduced -1.2m |
| RAYMOND JAMES FINANCIAL INC 0.08% of their portfolio | 4.2m $270.7m | Added +80.0k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.22% of their portfolio | 4.1m $266.2m | Added +1.1m |
| MORGAN STANLEY 0.02% of their portfolio | 4.1m $264.2m | Added +337.6k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 4.1m $263.7m | Added +164.8k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 3.1m $201.4m | Added +294.1k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 2.9m $185.5m | Reduced -216.4k |
| UBS Group AG 0.03% of their portfolio | 2.8m $178.0m | Reduced -1.3m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 2.6m $167.3m | Reduced -527.8k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 2.3m $145.4m | Added +46.6k |
| HSBC HOLDINGS PLC 0.08% of their portfolio | 2.0m $127.6m | Reduced -2.1m |
| Allianz Asset Management GmbH 0.12% of their portfolio | 1.6m $103.2m | Added +193.0k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.40% of their portfolio | 1.6m $103.0m | Reduced -3.4k |
| KBC Group NV 0.26% of their portfolio | 1.6m $101.7m | Added +532.0k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 1.6m $100.1m | Added +342.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.15% of their portfolio | 1.4m $93.1m | Added +770.3k |
| FEDERATED HERMES, INC. 0.15% of their portfolio | 1.4m $91.9m | Reduced -52.6k |
| LSV ASSET MANAGEMENT 0.18% of their portfolio | 1.3m $83.8m | Reduced -3.3k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.32% of their portfolio | 1.3m $81.9m | Added +1.1m |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 1.3m $81.4m | Reduced -162.8k |
| Amundi 0.02% of their portfolio | 1.2m $78.4m | Reduced -261.7k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.32% of their portfolio | 1.2m $76.7m | Reduced -30.2k |
| Legal & General Group Plc 0.02% of their portfolio | 1.2m $76.4m | Reduced -38.0k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 1.2m $75.8m | Added +92.1k |
| Newport Trust Company, LLC 0.18% of their portfolio | 1.2m $75.0m | Added +18.2k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 1.1m $73.3m | Added +102.3k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.1m $73.2m | Added +172.6k |
| VANGUARD FIDUCIARY TRUST CO 0.02% of their portfolio | 1.1m $70.7m | First filing |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.27% of their portfolio | 1.1m $67.8m | Added +283.4k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.11% of their portfolio | 1.0m $65.0m | Reduced -19.1k |
| Pacer Advisors, Inc. 0.18% of their portfolio | 972.3k $62.4m | Reduced -1.0m |
| CANADA PENSION PLAN INVESTMENT BOARD 0.04% of their portfolio | 941.8k $60.5m | Added +674.3k |
| FIRST TRUST ADVISORS LP 0.04% of their portfolio | 905.8k $58.2m | Added +314.0k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 828.7k $53.2m | Reduced -35.7k |
| SG Americas Securities, LLC 0.05% of their portfolio | 772.2k $49.0m | Added +707.7k |
| Epoch Investment Partners, Inc. 0.30% of their portfolio | 767.5k $49.3m | Added +162.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio | 731.7k $47.0m | Added +724.1k |
| STIFEL FINANCIAL CORP 0.04% of their portfolio | 717.5k $46.1m | Added +30.2k |
| Eurizon Capital SGR S.p.A. 0.14% of their portfolio | 692.8k $44.5m | Added +116.8k |
| Quantinno Capital Management LP 0.07% of their portfolio | 687.5k $44.1m | Added +51.2k |
| Swiss Life Asset Management Ltd 0.16% of their portfolio | 630.9k $33.0m | Added +204.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 616.8k $39.6m | Added +291.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 610.6k $39.2m | Added +34.1k |
| Swiss National Bank 0.02% of their portfolio | 584.3k $37.5m | Added +37.2k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 578.3k $37.1m | Added +190.0k |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 578.2k $37.1m | Added +132.1k |
| Robeco Institutional Asset Management B.V. 0.05% of their portfolio | 575.6k $37.0m | Reduced -426.5k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 574.9k $36.9m | Added +8.2k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 574.7k $36.9m | Reduced -559.1k |
| Gotham Asset Management, LLC 0.11% of their portfolio | 554.1k $35.6m | Added +301.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.05% of their portfolio | 552.7k $35.5m | Added +229.1k |
| CITIGROUP INC 0.02% of their portfolio | 534.9k $34.3m | Reduced -489.6k |
| CONNING INC. 1.14% of their portfolio | 534.4k $34.3m | Added +97.7k |
| NORDEA INVESTMENT MANAGEMENT AB 0.03% of their portfolio | 528.6k $33.8m | Reduced -6.0k |
| BARCLAYS PLC 0.01% of their portfolio | 517.4k $33.2m | Reduced -178.1k |
| Nuveen, LLC 0.01% of their portfolio | 514.8k $33.0m | Reduced -14.7k |
| NATIXIS 0.13% of their portfolio | 514.6k $33.0m | Added +432.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio | 505.9k $32.5m | Added +27.0k |
| Caisse de depot et placement du Quebec 0.05% of their portfolio | 499.8k $32.1m | Added +382.7k |
| Engineers Gate Manager LP 0.39% of their portfolio | 491.7k $31.6m | Added +447.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 475.9k $30.6m | Reduced -259.7k |
| Candriam S.C.A. 0.15% of their portfolio | 463.2k $29.7m | Added +326.3k |
| Vanguard Global Advisers, LLC 0.02% of their portfolio | 457.2k $29.4m | First filing |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.07% of their portfolio | 427.5k $27.4m | Added +294.1k |
| ALPS ADVISORS INC 0.13% of their portfolio | 420.9k $27.0m | Added +79.4k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.02% of their portfolio | 391.0k $25.1m | First filing |
| LPL Financial LLC 0.01% of their portfolio | 390.6k $25.1m | Added +55.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 383.0k $24.6m | Reduced -430.7k |
| Mitsubishi UFJ Trust & Banking Corp 0.06% of their portfolio | 382.4k $24.5m | Added +76.7k |
| Man Group plc 0.05% of their portfolio | 377.1k $24.2m | Reduced -431.4k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.19% of their portfolio | 376.2k $24.2m | Added +41.0k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.04% of their portfolio | 375.9k $24.1m | Reduced -74.5k |
| TODD ASSET MANAGEMENT LLC 0.47% of their portfolio | 374.4k $24.0m | Added +50.5k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 370.0k $24.8m | Reduced -41.7k |
| Swedbank AB 0.02% of their portfolio | 368.8k $23.7m | Unchanged |
| California Public Employees Retirement System 0.01% of their portfolio | 361.2k $23.2m | Reduced -779.2k |
| PRUDENTIAL FINANCIAL INC 0.03% of their portfolio | 324.0k $20.8m | Added +211.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 283.6k $18.2m | Reduced -3.3k |
| Janney Montgomery Scott LLC 0.04% of their portfolio | 268.5k $17.2m | Added +256.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 264.6k $17.0m | Reduced -9.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 264.2k $17.0m | Added +15.7k |
| Walleye Capital LLC 0.10% of their portfolio | 263.6k $16.9m | Added +263.1k |
| AE Wealth Management LLC 0.09% of their portfolio | 253.1k $16.2m | Added +58.0k |
| PANAGORA ASSET MANAGEMENT INC 0.06% of their portfolio | 251.0k $16.1m | New |
| IEQ CAPITAL, LLC 0.07% of their portfolio | 248.5k $16.0m | Reduced -329.7k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.03% of their portfolio | 247.0k $15.9m | Reduced -75.2k |
| Aberdeen Group plc 0.02% of their portfolio | 230.8k $14.8m | Reduced -4.8k |
| CANADA LIFE ASSURANCE Co 0.03% of their portfolio | 225.2k $14.5m | Added +3.2k |
| Mariner, LLC 0.02% of their portfolio | 221.3k $14.2m | Reduced -3.6k |
| Illinois Municipal Retirement Fund 0.18% of their portfolio | 220.7k $14.2m | Added +9.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 220.4k $14.1m | Added +48.5k |
| Cerity Partners LLC 0.02% of their portfolio | 216.1k $13.9m | Reduced -178.3k |