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 ($3.0k this quarter). Holder counts are more reliable. Shares outstanding: 77.8m as of 2024-07-30, 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 ≈ $8.06. Options: 6 managers hold calls ($748.8k notional), 7 hold puts ($3.3m).
Trends to Q2 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 |
| Q2 2024 | 154 |
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 |
| Q2 2024 | 84 | 78 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $3.5m | $1.3m | 0.38 |
| Q4 2023 | $4.1m | $5.2m | 1.27 |
| Q1 2024 | $2.3m | $3.6m | 1.58 |
| Q2 2024 | $748.8k | $3.3m | 4.36 |
Biggest buyers
| Potrero Capital Research LLC | Added | +1.2m |
| Divisar Capital Management LLC | New | +530.2k |
| VANGUARD GROUP INC | Added | +453.7k |
| Penserra Capital Management LLC | Added | +375.1k |
| Invenomic Capital Management LP | New | +363.8k |
| Nishkama Capital, LLC | New | +301.2k |
| BANK OF AMERICA CORP /DE/ | Added | +255.5k |
| 272 Capital LP | Added | +252.9k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +240.3k |
| Clearline Capital LP | Added | +203.8k |
Biggest sellers
| MORGAN STANLEY | Reduced | -13.7m |
| DEUTSCHE BANK AG\ | Reduced | -1.3m |
| CADIAN CAPITAL MANAGEMENT, LP | Reduced | -700.4k |
| KORNITZER CAPITAL MANAGEMENT INC /KS | Reduced | -634.2k |
| DUMAC, INC. | Sold out | -501.1k |
| WASATCH ADVISORS LP | Reduced | -391.9k |
| D. E. Shaw & Co., Inc. | Sold out | -166.2k |
| TWO SIGMA ADVISERS, LP | Sold out | -166.2k |
| Y-Intercept (Hong Kong) Ltd | Sold out | -163.0k |
| Bank of New York Mellon Corp | Reduced | -156.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $232.1k28.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $187.0k23.3k shares |
| GROUP ONE TRADING LLC | Reduced | $186.2k23.1k shares |
| CITADEL ADVISORS LLC | Reduced | $103.2k12.8k shares |
| ARDSLEY ADVISORY PARTNERS LP | New | $40.3k5.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Crawford Fund Management, LLC | Reduced | $2.6m328.0k shares |
| GROUP ONE TRADING LLC | Reduced | $252.3k31.3k shares |
| HRT FINANCIAL LP | New | $162.0k20.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $124.1k15.4k shares |
| SIMPLEX TRADING, LLC | Added | $52.0k6.5k shares |
| CITADEL ADVISORS LLC | Added | $29.0k3.6k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q2 2024 | 0 | — | 3 | $395.3k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-05-28 | Bellm Brent President Chief Exec Officer, director | Sold | $266.4k31.9k shares |
| 2024-05-28 | Klein Russell Scott Chief Commercial Officer | Sold | $80.5k9.6k shares |
| 2024-05-28 | Dhatt Brian Singh Chief Technology Officer | Sold | $48.3k5.8k 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 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 10.7m $86.5m | Added +453.7k |
| CADIAN CAPITAL MANAGEMENT, LP 2.75% of their portfolio | 6.9m $55.2m | Reduced -700.4k |
| MORGAN STANLEY 0.00% of their portfolio | 6.5m $52.4m | Reduced -13.7m |
| BlackRock Inc. 0.00% of their portfolio | 5.3m $43.1m | Added +197.3k |
| WASATCH ADVISORS LP 0.15% of their portfolio | 3.4m $27.6m | Reduced -391.9k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 1.9m $15.3m | Reduced -30.8k |
| Potrero Capital Research LLC 5.97% of their portfolio | 1.7m $13.9m | Added +1.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.6m $12.7m | Added +88.6k |
| STATE STREET CORP 0.00% of their portfolio | 1.5m $12.1m | Added +82.7k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 1.4m $11.6m | Added +106.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.2m $9.8m | Reduced -156.8k |
| General Catalyst Group Management, LLC 0.83% of their portfolio | 1.2m $9.7m | Unchanged |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.03% of their portfolio | 1.1m $8.6m | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 961.6k $7.8m | Reduced -1.3m |
| Clearline Capital LP 0.67% of their portfolio | 949.9k $7.7m | Added +203.8k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.03% of their portfolio | 929.7k $7.5m | Added +240.3k |
| 272 Capital LP 3.57% of their portfolio | 884.8k $7.1m | Added +252.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 859.1k $6.9m | Reduced -64.9k |
| CenterBook Partners LP 0.39% of their portfolio | 778.3k $6.3m | Added +20.5k |
| Penserra Capital Management LLC 0.07% of their portfolio | 709.5k $5.7m | Added +375.1k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 640.3k $5.1m | Reduced -29.7k |
| NORGES BANK 0.00% of their portfolio | 618.6k $5.0m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 600.5k $4.8m | Reduced -24.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 556.4k $4.5m | Added +47.0k |
| Divisar Capital Management LLC 0.81% of their portfolio | 530.2k $4.3m | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 500.5k $4.0m | Added +201.7k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.12% of their portfolio | 465.8k $3.8m | Added +122.7k |
| GGV Capital LLC 2.61% of their portfolio | 437.5k $3.5m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 425.7k $3.4m | Added +255.5k |
| NEEDHAM INVESTMENT MANAGEMENT LLC 0.26% of their portfolio | 400.0k $3.2m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 375.4k $3.0m | Added +134.8k |
| Sapience Investments, LLC 1.52% of their portfolio | 370.2k $3.0m | Reduced -107.6k |
| Invenomic Capital Management LP 0.15% of their portfolio | 363.8k $2.9m | New |
| HERALD INVESTMENT MANAGEMENT Ltd 0.46% of their portfolio | 350.0k $2.8m | Unchanged |
| CIBC WORLD MARKET INC. 0.01% of their portfolio | 323.2k $2.6m | Added +79.0k |
| Nishkama Capital, LLC 0.36% of their portfolio | 301.2k $2.4m | New |
| ALGERT GLOBAL LLC 0.07% of their portfolio | 267.9k $2.2m | Added +126.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 223.1k $1.8m | Reduced -13.3k |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 218.6k $1.8m | Reduced -4.9k |
| READYSTATE ASSET MANAGEMENT LP 0.08% of their portfolio | 200.0k $1.6m | New |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 155.9k $1.3m | Unchanged |
| KIM, LLC 0.13% of their portfolio | 153.8k $1.2m | Unchanged |
| Beryl Capital Management LLC 0.37% of their portfolio | 151.3k $1.2m | New |
| Alyeska Investment Group, L.P. 0.01% of their portfolio | 150.0k $1.2m | New |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 131.0k $1.1m | Added +76.0k |
| Swiss National Bank 0.00% of their portfolio | 128.1k $1.0m | Added +2.4k |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 127.1k $1.0m | Added +10.2k |
| Vident Advisory, LLC 0.03% of their portfolio | 121.6k $979.8k | Added +32.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 118.4k $954.2k | Added +52.2k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.02% of their portfolio | 114.0k $918.8k | Reduced -10.5k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 109.6k $883.4k | Added +85.7k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 101.6k $818.5k | Added +7.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 98.5k $794.0k | Added +3.0k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 95.9k $773.3k | New |
| Trexquant Investment LP 0.01% of their portfolio | 94.6k $762.5k | Reduced -22.2k |
| ARDSLEY ADVISORY PARTNERS LP 0.14% of their portfolio | 93.0k $749.6k | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 89.3k $719.8k | Added +42.0k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.01% of their portfolio | 85.5k $689.1k | Reduced -634.2k |
| UBS Group AG 0.00% of their portfolio | 84.7k $682.3k | Added +12.7k |
| Corient Private Wealth LP 0.00% of their portfolio | 77.8k $627.1k | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 76.1k $613.2k | Added +2.1k |
| Legal & General Group Plc 0.00% of their portfolio | 74.4k $599.6k | Added +8.0k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 74.2k $598.2k | First filing |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 72.6k $584.9k | Reduced -9.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 63.9k $514.9k | Reduced -1.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 60.1k $485.0k | Added +9.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 58.2k $469.5k | Added +26.0k |
| BARCLAYS PLC 0.00% of their portfolio | 45.8k $368.9k | Reduced -36.9k |
| Man Group plc 0.00% of their portfolio | 45.2k $364.2k | Added +30.4k |
| LPL Financial LLC 0.00% of their portfolio | 44.3k $357.0k | Reduced -123 |
| SHERBROOKE PARK ADVISERS LLC 0.06% of their portfolio | 44.3k $356.9k | Added +6.0k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 39.1k $315.1k | Added +5.3k |
| Centiva Capital, LP 0.02% of their portfolio | 39.0k $314.3k | Reduced -106 |
| Corebridge Financial, Inc. 0.00% of their portfolio | 37.9k $305.8k | First filing |
| Nebula Research & Development LLC 0.05% of their portfolio | 37.2k $299.6k | Reduced -6.7k |
| Shay Capital LLC 0.08% of their portfolio | 37.0k $298.2k | New |
| Corton Capital Inc. 0.15% of their portfolio | 36.2k $291.6k | Added +7.6k |
| Sanctuary Advisors, LLC 0.00% of their portfolio | 32.0k $188.8k | First filing |
| State of Wyoming 0.04% of their portfolio | 31.6k $254.6k | Reduced -2.0k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 30.7k $234.6k | Added +18.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 29.3k $235.8k | Added +2.1k |
| Verition Fund Management LLC 0.00% of their portfolio | 28.2k $227.1k | Added +14.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 27.2k $219.0k | Added +2.1k |
| XTX Topco Ltd 0.02% of their portfolio | 26.8k $216.2k | Reduced -4.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 26.2k $211.1k | Added +40 |
| CITIGROUP INC 0.00% of their portfolio | 24.4k $196.7k | Added +12.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 24.1k $193.8k | Added +1.1k |
| Creative Planning 0.00% of their portfolio | 23.7k $191.4k | Added +3.3k |
| Quadrature Capital Ltd 0.00% of their portfolio | 23.7k $190.8k | New |
| EntryPoint Capital, LLC 0.09% of their portfolio | 23.5k $189.3k | New |
| GC Wealth Management RIA, LLC 0.04% of their portfolio | 23.4k $188.2k | New |
| Invesco Ltd. 0.00% of their portfolio | 22.6k $182.0k | Added +1.3k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 22.3k $179.9k | Reduced -8.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 22.1k $178.0k | Added +357 |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 22.0k $177.1k | Reduced -330 |
| Olympiad Research LP 0.12% of their portfolio | 20.6k $166.0k | Reduced -11.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 19.0k $153.0k | Reduced -251 |
| M&T Bank Corp 0.00% of their portfolio | 18.8k $151.9k | Reduced -97 |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 18.3k $147.0k | Reduced -500 |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 18.2k $146.9k | Added +452 |