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 ($45.7m this quarter). Holder counts are more reliable. Shares outstanding: 210.8m as of 2026-06-03, 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 ≈ $75.99. Options: 29 managers hold calls ($505.6m notional), 29 hold puts ($327.9m).
Trends to Q2 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 |
| Q2 2026 | 869 |
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 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 |
| Q2 2026 | 444 | 447 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $444.1m | $528.1m | 1.19 |
| Q4 2025 | $338.5m | $363.7m | 1.07 |
| Q1 2026 | $390.8m | $332.2m | 0.85 |
| Q2 2026 | $505.6m | $327.9m | 0.65 |
Biggest buyers
| CITADEL ADVISORS LLC | Added | +2.8m |
| JANE STREET GROUP, LLC | Added | +2.1m |
| Point72 Asset Management, L.P. | New | +1.2m |
| Assenagon Asset Management S.A. | Added | +1.0m |
| Balyasny Asset Management L.P. | Added | +952.9k |
| STATE STREET CORP | Added | +837.7k |
| Quantinno Capital Management LP | Added | +824.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +705.9k |
| MILLENNIUM MANAGEMENT LLC | Added | +667.0k |
| CITIGROUP INC | Added | +583.4k |
Biggest sellers
| RAYMOND JAMES FINANCIAL INC | Reduced | -3.2m |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -2.3m |
| WORLDQUANT MILLENNIUM ADVISORS LLC | Reduced | -1.6m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Sold out | -1.1m |
| LOS ANGELES CAPITAL MANAGEMENT LLC | Reduced | -966.0k |
| HSBC HOLDINGS PLC | Reduced | -930.2k |
| CANADA PENSION PLAN INVESTMENT BOARD | Reduced | -905.8k |
| UBS Group AG | Reduced | -794.5k |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Reduced | -550.7k |
| BANK OF AMERICA CORP /DE/ | Reduced | -506.6k |
Biggest calls
| JANE STREET GROUP, LLC | Reduced | $170.2m2.2m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $113.5m1.5m shares |
| CITADEL ADVISORS LLC | Added | $62.1m817.8k shares |
| Caption Management, LLC | New | $37.0m487.5k shares |
| IMC-Chicago, LLC | Added | $28.7m377.6k shares |
| Walleye Trading LLC | Added | $16.6m219.2k shares |
| Interval Partners, LP | New | $16.6m219.2k shares |
| Squarepoint Ops LLC | Added | $11.8m155.2k shares |
| Twin Tree Management, LP | New | $8.3m109.8k shares |
| ADVENT CAPITAL MANAGEMENT /DE/ | New | $7.6m100.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $104.8m1.4m shares |
| CITADEL ADVISORS LLC | Reduced | $85.6m1.1m shares |
| IMC-Chicago, LLC | Reduced | $36.5m481.0k shares |
| JANE STREET GROUP, LLC | Reduced | $35.9m472.7k shares |
| Walleye Trading LLC | Added | $16.9m223.1k shares |
| Walleye Capital LLC | Added | $9.8m129.1k shares |
| SIMPLEX TRADING, LLC | Added | $7.1m94.2k shares |
| Squarepoint Ops LLC | Reduced | $6.0m79.5k shares |
| GROUP ONE TRADING LLC | Reduced | $5.4m71.4k shares |
| UBS Group AG | Added | $4.9m65.0k 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 since 1 Apr 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q2 2026 | 0 | — | 1 | $131.7k | — |
| Q3 2026 | 0 | — | 1 | $10.7m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-23 | Scarlett Kathleen SEVP, CHRO | Sold | $10.7m116.1k shares |
| 2026-09-16 | SCHULZE RICHARD M Chairman Emeritus · Family Foundation | Sold | $27.8m300.0k shares |
| 2026-07-14 | SCHULZE RICHARD M Chairman Emeritus · Trustee for Revocable Trust | Sold plan | $24.7m300.0k shares |
| 2026-07-13 | SCHULZE RICHARD M Chairman Emeritus · Trustee for Revocable Trust | Sold plan | $49.3m600.0k shares |
| 2026-06-26 | SCHULZE RICHARD M Chairman Emeritus · Trustee for Revocable Trust | Sold | $17.5m224.7k shares |
| 2026-06-25 | SCHULZE RICHARD M Chairman Emeritus · Trustee for Revocable Trust | Sold | $15.1m193.9k shares |
| 2026-06-16 | SCHULZE RICHARD M Chairman Emeritus · Trustee for Revocable Trust | Sold | $397.8k5.1k shares |
| 2026-06-15 | SCHULZE RICHARD M Chairman Emeritus · Trustee for Revocable Trust | Sold | $6.0m76.3k shares |
| 2026-05-29 | SCHULZE RICHARD M Chairman Emeritus · Trustee for Revocable Trust | Sold | $38.1m500.4k shares |
| 2026-05-29 | Watson Mathew SVP, Controller & CAO | Sold | $131.7k1.8k 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 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.03% of their portfolio | 25.5m $1.9bn | Added +60.2k |
| STATE STREET CORP 0.03% of their portfolio | 14.0m $1.1bn | Added +837.7k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 12.9m $980.9m | Added +142.8k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.03% of their portfolio | 9.2m $699.6m | Reduced -550.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 8.0m $617.9m | Added +289.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.07% of their portfolio | 6.9m $521.5m | Added +705.9k |
| Invesco Ltd. 0.03% of their portfolio | 5.1m $385.1m | Reduced -421.5k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 4.8m $376.1m | Reduced -291.6k |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 4.4m $335.4m | Added +311.7k |
| AQR CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 3.8m $288.8m | Reduced -2.3m |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.20% of their portfolio | 3.7m $281.4m | Reduced -438.2k |
| MORGAN STANLEY 0.01% of their portfolio | 3.7m $280.7m | Reduced -417.3k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 3.4m $259.1m | Added +523.6k |
| CITADEL ADVISORS LLC 0.15% of their portfolio | 3.3m $253.1m | Added +2.8m |
| NORGES BANK 0.02% of their portfolio | 3.0m $227.8m | Not comparable |
| NORTHERN TRUST CORP 0.02% of their portfolio | 2.7m $206.3m | Reduced -419.0k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 2.3m $174.9m | Added +39.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 2.3m $174.6m | Reduced -304.4k |
| JANE STREET GROUP, LLC 0.11% of their portfolio | 2.2m $166.9m | Added +2.1m |
| UBS Group AG 0.02% of their portfolio | 2.0m $150.1m | Reduced -794.5k |
| Allianz Asset Management GmbH 0.13% of their portfolio | 1.6m $122.1m | Added +15.3k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 1.5m $116.0m | Reduced -30.7k |
| Quantinno Capital Management LP 0.14% of their portfolio | 1.5m $114.7m | Added +824.4k |
| FEDERATED HERMES, INC. 0.16% of their portfolio | 1.5m $111.2m | Added +34.8k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 1.4m $109.0m | Added +254.6k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.39% of their portfolio | 1.4m $107.1m | Added +216.4k |
| LSV ASSET MANAGEMENT 0.19% of their portfolio | 1.4m $103.6m | Added +60.7k |
| MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio | 1.2m $94.2m | Added +667.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.13% of their portfolio | 1.2m $92.7m | Reduced -227.8k |
| Point72 Asset Management, L.P. 0.14% of their portfolio | 1.2m $91.5m | New |
| Newport Trust Company, LLC 0.21% of their portfolio | 1.1m $86.6m | Reduced -26.7k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 1.1m $85.6m | Reduced -15.0k |
| Amundi 0.02% of their portfolio | 1.1m $85.1m | Reduced -99.9k |
| CITIGROUP INC 0.04% of their portfolio | 1.1m $84.9m | Added +583.4k |
| VANGUARD FIDUCIARY TRUST CO 0.02% of their portfolio | 1.1m $83.7m | Added +2.5k |
| Legal & General Group Plc 0.02% of their portfolio | 1.1m $83.4m | Reduced -90.8k |
| KBC Group NV 0.18% of their portfolio | 1.1m $83.2m | Reduced -488.5k |
| FIRST TRUST ADVISORS LP 0.05% of their portfolio | 1.1m $80.8m | Added +159.0k |
| Assenagon Asset Management S.A. 0.05% of their portfolio | 1.1m $80.7m | Added +1.0m |
| HSBC HOLDINGS PLC 0.04% of their portfolio | 1.1m $79.6m | Reduced -930.2k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 1.0m $79.4m | Reduced -3.2m |
| Gotham Asset Management, LLC 0.17% of their portfolio | 963.2k $73.1m | Added +409.0k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 958.8k $72.8m | Reduced -309.1k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 957.6k $72.7m | Added +128.9k |
| Balyasny Asset Management L.P. 0.13% of their portfolio | 956.2k $72.6m | Added +952.9k |
| Epoch Investment Partners, Inc. 0.38% of their portfolio | 887.1k $67.3m | Added +119.6k |
| Robeco Institutional Asset Management B.V. 0.08% of their portfolio | 860.2k $65.3m | Added +284.6k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.08% of their portfolio | 748.8k $56.8m | Reduced -263.8k |
| Pacer Advisors, Inc. 0.15% of their portfolio | 744.7k $56.5m | Reduced -227.6k |
| STIFEL FINANCIAL CORP 0.04% of their portfolio | 711.6k $54.0m | Reduced -5.9k |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 701.3k $53.3m | Added +123.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 671.1k $50.9m | Reduced -60.7k |
| Caisse de depot et placement du Quebec 0.07% of their portfolio | 660.5k $50.1m | Added +160.7k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 645.2k $49.0m | Added +70.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 633.3k $48.1m | Reduced -506.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 619.7k $47.0m | Added +2.9k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 589.4k $44.7m | Reduced -21.2k |
| Eurizon Capital SGR S.p.A. 0.12% of their portfolio | 575.3k $43.7m | Reduced -117.5k |
| Interval Partners, LP 1.38% of their portfolio | 565.4k $42.9m | New |
| Swiss National Bank 0.02% of their portfolio | 560.2k $42.5m | Reduced -24.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio | 543.7k $41.3m | Added +37.7k |
| NORDEA INVESTMENT MANAGEMENT AB 0.03% of their portfolio | 532.6k $39.8m | Added +4.0k |
| Nuveen, LLC 0.01% of their portfolio | 515.5k $39.1m | Added +712 |
| SG Americas Securities, LLC 0.02% of their portfolio | 504.3k $38.3m | Reduced -267.9k |
| CONNING INC. 1.14% of their portfolio | 500.0k $37.9m | Reduced -34.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 497.2k $37.7m | Added +21.3k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.08% of their portfolio | 455.5k $34.6m | Added +28.0k |
| Vanguard Global Advisers, LLC 0.02% of their portfolio | 449.8k $34.1m | Reduced -7.4k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.02% of their portfolio | 443.2k $33.6m | Added +52.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 436.0k $33.1m | Added +53.0k |
| BARCLAYS PLC 0.01% of their portfolio | 432.0k $32.8m | Reduced -85.4k |
| Swiss Life Asset Management Ltd 0.13% of their portfolio | 422.5k $32.1m | Reduced -208.3k |
| LPL Financial LLC 0.01% of their portfolio | 422.2k $32.0m | Added +31.7k |
| California Public Employees Retirement System 0.02% of their portfolio | 387.0k $29.4m | Added +25.8k |
| Swedbank AB 0.02% of their portfolio | 368.8k $28.0m | Reduced -41 |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.19% of their portfolio | 361.7k $27.4m | Reduced -14.5k |
| TODD ASSET MANAGEMENT LLC 0.49% of their portfolio | 360.0k $27.3m | Reduced -14.4k |
| ALPS ADVISORS INC 0.12% of their portfolio | 344.5k $26.1m | Reduced -76.4k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 344.4k $22.1m | Reduced -25.5k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 333.4k $25.3m | Added +277.8k |
| Mitsubishi UFJ Trust & Banking Corp 0.05% of their portfolio | 327.0k $24.8m | Reduced -55.4k |
| Schonfeld Strategic Advisors LLC 0.13% of their portfolio | 317.9k $24.1m | Added +172.6k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 309.6k $23.5m | Reduced -966.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 292.2k $22.2m | Added +27.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 283.7k $21.5m | Added +136 |
| Janney Montgomery Scott LLC 0.04% of their portfolio | 280.0k $21.2m | Added +11.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 265.2k $20.1m | Added +1.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 259.2k $19.7m | Added +38.9k |
| TD Asset Management Inc 0.02% of their portfolio | 258.7k $19.6m | Added +65.7k |
| Cinctive Capital Management LP 0.78% of their portfolio | 257.3k $19.5m | Added +240.7k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 249.0k $18.9m | Added +55.2k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.03% of their portfolio | 243.1k $18.4m | Reduced -4.0k |
| Corient Private Wealth LP 0.03% of their portfolio | 239.4k $18.2m | Added +59.4k |
| Distillate Capital Partners LLC 0.91% of their portfolio | 231.0k $17.5m | Added +230.9k |
| Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio | 222.0k $16.8m | Added +34.0k |
| Verition Fund Management LLC 0.12% of their portfolio | 218.4k $16.6m | Added +215.1k |
| Aware Super Pty Ltd as trustee of Aware Super 0.23% of their portfolio | 213.8k $16.2m | Added +110.4k |
| Fideuram Asset Management (Ireland) dac 0.25% of their portfolio | 211.6k $13.2m | Added +210.5k |
| Meiji Yasuda Asset Management Co Ltd. 0.70% of their portfolio | 205.8k $15.6m | Reduced -995 |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.09% of their portfolio | 201.1k $15.3m | New |