BIGCOMMERCE HLDGS INC CMRC
COM SER 1 · Common Stock · CUSIP 08975P108 · ISIN US08975P1084
American publicly traded e-commerce software company
- SectorTechnology
- IndustryServices-Prepackaged Software
- HeadquartersAustin, TX
- Websitecommerce.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. Holder counts are more reliable. Shares outstanding: 76.6m as of 2024-02-27, 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 ≈ $6.89. Options: 9 managers hold calls ($2.3m notional), 7 hold puts ($3.6m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 161 |
| Q4 2022 | 164 |
| Q1 2023 | 159 |
| Q2 2023 | 154 |
| Q3 2023 | 162 |
| Q4 2023 | 162 |
| Q1 2024 | 169 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 92 | 71 |
| Q1 2023 | 73 | 83 |
| Q2 2023 | 75 | 71 |
| Q3 2023 | 75 | 70 |
| Q4 2023 | 59 | 92 |
| Q1 2024 | 70 | 84 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $2.6m | $1.5m | 0.56 |
| Q3 2023 | $3.5m | $1.3m | 0.38 |
| Q4 2023 | $4.1m | $5.2m | 1.27 |
| Q1 2024 | $2.3m | $3.6m | 1.58 |
Biggest buyers
| MORGAN STANLEY | Added | +6.4m |
| VANGUARD GROUP INC | Added | +572.4k |
| Potrero Capital Research LLC | New | +528.8k |
| CenterBook Partners LP | Added | +447.1k |
| HERALD INVESTMENT MANAGEMENT Ltd | New | +350.0k |
| Bank of New York Mellon Corp | Added | +349.5k |
| CANADA LIFE ASSURANCE Co | Added | +198.6k |
| Y-Intercept (Hong Kong) Ltd | Added | +149.6k |
| ALGERT GLOBAL LLC | New | +141.4k |
| 272 Capital LP | Added | +133.7k |
Biggest sellers
| NORGES BANK | Reduced | -433.4k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Reduced | -272.5k |
| Sapience Investments, LLC | Reduced | -255.7k |
| CITADEL ADVISORS LLC | Reduced | -219.7k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -211.2k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -186.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. | Reduced | -150.2k |
| KORNITZER CAPITAL MANAGEMENT INC /KS | Reduced | -134.9k |
| Cubist Systematic Strategies, LLC | Sold out | -108.1k |
| ClariVest Asset Management LLC | Sold out | -94.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $753.8k109.4k shares |
| GROUP ONE TRADING LLC | Reduced | $454.1k65.9k shares |
| SIMPLEX TRADING, LLC | Unchanged | $291.0k42.3k shares |
| JANE STREET GROUP, LLC | Reduced | $275.6k40.0k shares |
| Squarepoint Ops LLC | Reduced | $206.7k30.0k shares |
| CITADEL ADVISORS LLC | Reduced | $144.7k21.0k shares |
| Walleye Trading LLC | Added | $128.8k18.7k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
| Cutler Group LLC / CA | Reduced | $0500 shares |
Biggest puts
| Crawford Fund Management, LLC | Reduced | $3.1m445.0k shares |
| GROUP ONE TRADING LLC | Added | $254.9k37.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $170.9k24.8k shares |
| Walleye Trading LLC | Reduced | $31.0k4.5k shares |
| CITADEL ADVISORS LLC | Added | $21.4k3.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $7.0k1.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 |
|---|---|
| Lynrock Lake LP 13G · institution +1.1 pts · filed 2026-02-17 | 11.4% |
| Pale Fire Capital SE 13D · may seek influence +2.2 pts · filed 2026-09-09 | 8.7% |
| BlackRock, Inc. 13G · institution +1.3 pts · filed 2026-10-27 | 7.1% |
| BARCLAYS PLC 13G · institution new · filed 2026-02-11 | 5.9% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.8% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), Divisar Capital Management LLC (4.6%, 2026-02-17)
Insider purchases and sales in Q1 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 |
|---|---|---|---|---|---|
| Q2 2022 | 0 | — | 8 | $4.6m | — |
| Q3 2022 | 0 | — | 3 | $7.2m | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 8 | $6.0m | — |
| Q2 2023 | 0 | — | 8 | $2.8m | $180.3k |
| Q3 2023 | 0 | — | 2 | $3.3m | $209.6k |
| Q4 2023 | 0 | — | 1 | $2.6m | — |
| Q1 2024 | 0 | — | 3 | $100.7k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-03-04 | Bellm Brent President Chief Exec Officer, director | Sold | $61.6k8.1k shares |
| 2024-03-04 | Klein Russell Scott Chief Commercial Officer | Sold | $24.4k3.2k shares |
| 2024-03-04 | Dhatt Brian Singh Chief Technology Officer | Sold | $14.6k1.9k 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 2024
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 20.1m $138.8m | Added +6.4m |
| VANGUARD GROUP INC 0.00% of their portfolio | 10.3m $70.8m | Added +572.4k |
| CADIAN CAPITAL MANAGEMENT, LP 1.85% of their portfolio | 7.6m $52.0m | Unchanged |
| BlackRock Inc. 0.00% of their portfolio | 5.1m $35.4m | Reduced -44.8k |
| WASATCH ADVISORS LP 0.14% of their portfolio | 3.8m $26.3m | Reduced -92.8k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 2.3m $15.6m | Reduced -9.4k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 1.9m $13.3m | Reduced -72.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.5m $10.3m | Added +49.6k |
| STATE STREET CORP 0.00% of their portfolio | 1.4m $9.8m | Reduced -13.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.4m $9.5m | Added +349.5k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 1.3m $9.1m | Added +30.7k |
| General Catalyst Group Management, LLC 0.64% of their portfolio | 1.2m $8.3m | Unchanged |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.03% of their portfolio | 1.1m $7.3m | Added +102.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 924.0k $6.4m | Reduced -186.5k |
| CenterBook Partners LP 0.36% of their portfolio | 757.7k $5.2m | Added +447.1k |
| Clearline Capital LP 0.51% of their portfolio | 746.1k $5.1m | Added +53.9k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.09% of their portfolio | 719.7k $5.0m | Reduced -134.9k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio | 689.4k $4.8m | Reduced -272.5k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 670.0k $4.6m | Added +198.6k |
| 272 Capital LP 1.74% of their portfolio | 631.8k $4.4m | Added +133.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 624.6k $4.3m | Reduced -17.3k |
| NORGES BANK 0.00% of their portfolio | 618.6k $4.3m | Reduced -433.4k |
| Potrero Capital Research LLC 2.26% of their portfolio | 528.8k $3.6m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 509.5k $3.5m | Added +22.2k |
| DUMAC, INC. 12.53% of their portfolio | 501.1k $3.5m | Unchanged |
| Sapience Investments, LLC 1.09% of their portfolio | 477.8k $3.3m | Reduced -255.7k |
| GGV Capital LLC 2.61% of their portfolio | 437.5k $3.0m | Unchanged |
| NEEDHAM INVESTMENT MANAGEMENT LLC 0.26% of their portfolio | 400.0k $2.8m | Unchanged |
| HERALD INVESTMENT MANAGEMENT Ltd 0.39% of their portfolio | 350.0k $2.4m | New |
| BOOTHBAY FUND MANAGEMENT, LLC 0.07% of their portfolio | 343.0k $2.4m | Added +74.6k |
| Penserra Capital Management LLC 0.03% of their portfolio | 334.4k $2.3m | Reduced -34.6k |
| STEWARD PARTNERS INVESTMENT SOLUTIONS, LLC 0.37% of their portfolio | 317.1k $2.2m | Reduced -10.1k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 298.8k $2.1m | Reduced -219.7k |
| CIBC WORLD MARKET INC. 0.00% of their portfolio | 244.2k $1.7m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 240.6k $1.7m | Reduced -12.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 236.4k $1.6m | Reduced -74.4k |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 223.5k $1.5m | Added +43.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 170.2k $1.2m | Added +37.6k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 166.2k $1.1m | Reduced -5.9k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 166.2k $1.1m | Reduced -19.9k |
| Y-Intercept (Hong Kong) Ltd 0.08% of their portfolio | 163.0k $1.1m | Added +149.6k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 155.9k $1.1m | Unchanged |
| KIM, LLC 0.13% of their portfolio | 153.8k $1.1m | Unchanged |
| ALGERT GLOBAL LLC 0.04% of their portfolio | 141.4k $974.3k | New |
| Dynamic Technology Lab Private Ltd 0.10% of their portfolio | 133.0k $916.0k | New |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 126.7k $873.1k | Reduced -211.2k |
| Swiss National Bank 0.00% of their portfolio | 125.7k $866.1k | Unchanged |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.04% of their portfolio | 124.5k $857.8k | Added +85.8k |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 116.9k $806.0k | Added +62.8k |
| Trexquant Investment LP 0.02% of their portfolio | 116.8k $804.6k | Added +91.9k |
| AlphaQuest LLC 0.13% of their portfolio | 108.7k $748.9k | Added +15.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 95.5k $658.0k | Reduced -16.3k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 93.7k $645.6k | Added +1.6k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 91.8k $632.7k | Added +7.9k |
| Vident Advisory, LLC 0.01% of their portfolio | 89.1k $614.1k | Added +18.2k |
| BARCLAYS PLC 0.00% of their portfolio | 82.6k $569.3k | Reduced -45.8k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 81.9k $564.1k | New |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 76.1k $638.1k | Reduced -26.3k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 74.0k $510.0k | Reduced -423 |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 72.1k $496.7k | Added +68.1k |
| UBS Group AG 0.00% of their portfolio | 72.0k $496.1k | Reduced -26.1k |
| Legal & General Group Plc 0.00% of their portfolio | 66.4k $457.3k | Reduced -188 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 66.2k $456.2k | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 65.0k $448.1k | Reduced -2.8k |
| Cresset Asset Management, LLC 0.00% of their portfolio | 57.9k $399.2k | Added +3.0k |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 56.9k $392.1k | Reduced -6.7k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 54.9k $378.4k | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 50.8k $350.0k | Added +3.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 47.3k $325.9k | Reduced -6.0k |
| Horrell Capital Management, Inc. 0.09% of their portfolio | 45.0k $310.0k | Unchanged |
| Circumference Group LLC 0.32% of their portfolio | 45.0k $310.1k | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 44.4k $306.0k | Reduced -3.5k |
| Nebula Research & Development LLC 0.07% of their portfolio | 43.9k $302.2k | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 41.7k $287.3k | New |
| Centiva Capital, LP 0.02% of their portfolio | 39.1k $269.4k | New |
| SHERBROOKE PARK ADVISERS LLC 0.05% of their portfolio | 38.3k $263.8k | New |
| MetLife Investment Management, LLC 0.00% of their portfolio | 33.8k $233.1k | Unchanged |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 33.8k $233.0k | Added +403 |
| State of Wyoming 0.04% of their portfolio | 33.6k $231.7k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 32.2k $222.1k | Reduced -3.7k |
| Olympiad Research LP 0.14% of their portfolio | 31.9k $220.1k | New |
| XTX Topco Ltd 0.03% of their portfolio | 31.5k $216.9k | New |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 30.7k $211.2k | New |
| Corton Capital Inc. 0.07% of their portfolio | 28.6k $196.7k | Reduced -2.9k |
| Summit Global Investments 0.01% of their portfolio | 27.5k $189.0k | New |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 27.2k $187.4k | Reduced -150.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 27.1k $186.9k | Added +2.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 26.1k $233.7k | Reduced -40 |
| Woodline Partners LP 0.00% of their portfolio | 25.3k $174.3k | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 25.1k $173.0k | Reduced -1.2k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 23.9k $164.9k | Reduced -32.8k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 22.9k $158.0k | Reduced -4.9k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 22.3k $153.7k | Added +13 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 21.7k $149.7k | Reduced -362 |
| Invesco Ltd. 0.00% of their portfolio | 21.3k $146.7k | Reduced -301 |
| Bayesian Capital Management, LP 0.01% of their portfolio | 20.8k $143.5k | New |
| Versor Investments LP 0.03% of their portfolio | 20.7k $142.4k | Added +7.4k |
| Creative Planning 0.00% of their portfolio | 20.5k $141.1k | Added +2.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 19.2k $132.5k | New |
| M&T Bank Corp 0.00% of their portfolio | 18.9k $129.9k | Reduced -775 |