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 ($239.9k this quarter). Holder counts are more reliable. Shares outstanding: 82.9m as of 2026-08-04, 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 ≈ $2.96. Options: 6 managers hold calls ($324.7k notional), 4 hold puts ($194.8k).
Trends to Q2 2026
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 |
| Q3 2024 | 158 |
| Q4 2024 | 179 |
| Q1 2025 | 176 |
| Q2 2025 | 164 |
| Q3 2025 | 155 |
| Q4 2025 | 168 |
| Q1 2026 | 148 |
| Q2 2026 | 155 |
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 | 71 | 77 |
| Q4 2024 | 91 | 72 |
| Q1 2025 | 84 | 86 |
| Q2 2025 | 71 | 106 |
| Q3 2025 | 81 | 83 |
| Q4 2025 | 92 | 69 |
| Q1 2026 | 79 | 89 |
| Q2 2026 | 90 | 53 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $1.2m | $2.0m | 1.73 |
| Q4 2025 | $1.4m | $1.5m | 1.06 |
| Q1 2026 | $649.6k | $404.0k | 0.62 |
| Q2 2026 | $324.7k | $194.8k | 0.60 |
Biggest buyers
| BlackRock, Inc. | Added | +757.1k |
| AQR CAPITAL MANAGEMENT LLC | Added | +739.7k |
| SEGALL BRYANT & HAMILL, LLC | Added | +477.6k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +387.3k |
| GOLDMAN SACHS GROUP INC | Added | +376.5k |
| Man Group plc | Added | +372.7k |
| HERALD INVESTMENT MANAGEMENT Ltd | Added | +360.0k |
| AMERIPRISE FINANCIAL INC | Added | +224.5k |
| P.A.W. CAPITAL CORP | Added | +200.0k |
| VANGUARD CAPITAL MANAGEMENT LLC | Added | +192.7k |
Biggest sellers
| Divisar Capital Management LLC | Reduced | -784.1k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Reduced | -568.3k |
| D. E. Shaw & Co., Inc. | Reduced | -374.8k |
| UBS Group AG | Reduced | -255.8k |
| Point72 Asset Management, L.P. | Reduced | -250.5k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -250.2k |
| RICE HALL JAMES & ASSOCIATES, LLC | Sold out | -219.1k |
| CITADEL ADVISORS LLC | Reduced | -218.0k |
| Potrero Capital Research LLC | Reduced | -186.2k |
| State of Wyoming | Sold out | -143.1k |
Biggest calls
| JANE STREET GROUP, LLC | Reduced | $120.2k40.6k shares |
| IMC-Chicago, LLC | New | $53.0k17.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $51.8k17.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $43.5k14.7k shares |
| CITADEL ADVISORS LLC | Reduced | $40.0k13.5k shares |
| GROUP ONE TRADING LLC | Reduced | $16.3k5.5k shares |
Biggest puts
| Crawford Fund Management, LLC | Reduced | $148.0k50.0k shares |
| CITADEL ADVISORS LLC | Reduced | $42.0k14.2k shares |
| SIMPLEX TRADING, LLC | Unchanged | $4.1k1.4k shares |
| GROUP ONE TRADING LLC | Unchanged | $592200 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 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 | — | 0 | — | — |
| Q1 2025 | 1 | $1.3m | 0 | — | — |
| Q2 2025 | 0 | — | 1 | $6.0m | — |
| Q3 2025 | 0 | — | 1 | $450.2k | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 1 | $294.0k | 0 | — | — |
| Q2 2026 | 0 | — | 1 | $19.9k | $19.9k |
| Q3 2026 | 0 | — | 1 | $6.3k | $6.3k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-24 | Lentz Daniel CFO & COO | Sold plan | $1.8k797 shares |
| 2026-07-01 | Lentz Daniel CFO & COO | Sold plan | $4.6k1.5k shares |
| 2026-05-26 | Lentz Daniel CFO & COO | Sold plan | $19.9k6.8k 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 |
|---|---|---|
| Lynrock Lake LP 1.73% of their portfolio | 9.3m $27.4m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 5.5m $16.3m | Added +757.1k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 4.7m $14.0m | Added +162.2k |
| Divisar Capital Management LLC 2.14% of their portfolio | 3.1m $9.3m | Reduced -784.1k |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 3.1m $9.2m | Reduced -2.3k |
| Pale Fire Capital SE 0.64% of their portfolio | 3.1m $9.0m | Added +102.8k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 3.0m $9.0m | Added +192.7k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 2.4m $7.0m | Added +739.7k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 1.9m $5.7m | Added +224.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.9m $5.5m | Added +387.3k |
| S SQUARED TECHNOLOGY, LLC 1.47% of their portfolio | 1.6m $4.7m | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 1.4m $4.3m | Reduced -1.6k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 1.4m $4.1m | Added +140.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 1.2m $3.7m | Reduced -14.3k |
| MONIMUS CAPITAL MANAGEMENT, LP 0.80% of their portfolio | 1.1m $3.2m | Reduced -97.6k |
| HERALD INVESTMENT MANAGEMENT Ltd 0.43% of their portfolio | 1.1m $3.1m | Added +360.0k |
| COMMERCE BANK 0.01% of their portfolio | 1.0m $3.0m | Unchanged |
| MARSHALL WACE, LLP 0.00% of their portfolio | 910.4k $2.7m | Reduced -116.5k |
| P.A.W. CAPITAL CORP 2.04% of their portfolio | 900.0k $2.7m | Added +200.0k |
| SEGALL BRYANT & HAMILL, LLC 0.03% of their portfolio | 824.5k $2.4m | Added +477.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 818.9k $2.4m | Added +376.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 613.0k $1.8m | Added +77.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 570.0k $1.7m | Added +63.7k |
| Potrero Capital Research LLC 1.02% of their portfolio | 562.4k $1.7m | Reduced -186.2k |
| Legal & General Group Plc 0.00% of their portfolio | 527.1k $1.6m | Added +188.1k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 505.4k $1.5m | Added +40.0k |
| NANO CAP NEW MILLENNIUM GROWTH FUND L P 1.04% of their portfolio | 455.0k $1.3m | Added +102.5k |
| Man Group plc 0.00% of their portfolio | 425.7k $1.3m | Added +372.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 401.2k $1.2m | Added +32.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio | 394.2k $1.2m | Reduced -568.3k |
| MORGAN STANLEY 0.00% of their portfolio | 364.7k $1.1m | Reduced -29.6k |
| FMR LLC 0.00% of their portfolio | 353.6k $1.0m | Added +104.2k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 276.5k $818.5k | Added +27.6k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 272.1k $805.4k | Added +88.0k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 260.0k $769.6k | Added +60.0k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 236.9k $701.3k | Reduced -17.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 232.7k $688.9k | Added +11.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 230.2k $681.2k | Added +48.3k |
| IEQ CAPITAL, LLC 0.00% of their portfolio | 199.8k $591.4k | Added +96.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 184.9k $548.0k | Added +46.5k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 184.7k $546.6k | Reduced -374.8k |
| Chico Wealth RIA 0.28% of their portfolio | 182.6k $540.4k | Added +34.4k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 170.1k $503.4k | Reduced -218.0k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 169.4k $501.5k | Reduced -133.0k |
| Nuveen, LLC 0.00% of their portfolio | 168.1k $497.6k | Unchanged |
| GSA CAPITAL PARTNERS LLP 0.03% of their portfolio | 156.2k $462.0k | Reduced -40.7k |
| UBS Group AG 0.00% of their portfolio | 154.2k $456.3k | Reduced -255.8k |
| Invesco Ltd. 0.00% of their portfolio | 151.4k $448.2k | Reduced -4.0k |
| NOTABLE CAPITAL MANAGEMENT, L.L.C. 0.86% of their portfolio | 149.7k $443.2k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 120.2k $355.7k | Added +36.3k |
| NEEDHAM INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 120.0k $355.2k | Reduced -70.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 107.9k $288.0k | Added +6.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 95.9k $285.0k | Reduced -15.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 95.3k $282.1k | Added +82.3k |
| Corient Private Wealth LP 0.00% of their portfolio | 94.6k $280.0k | Added +16.8k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 83.9k $248.2k | Added +6.8k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 83.5k $247.1k | Added +2.9k |
| Mariner, LLC 0.00% of their portfolio | 81.1k $240.0k | Added +39.4k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 75.7k $224.1k | Added +38.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 74.7k $221.1k | Added +46.1k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 73.9k $218.7k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 73.4k $217.3k | Reduced -3.3k |
| Atom Investors LP 0.02% of their portfolio | 62.5k $184.9k | Added +51.5k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 62.1k $183.9k | Added +958 |
| Centiva Capital, LP 0.01% of their portfolio | 61.7k $182.7k | Added +3.8k |
| Creative Planning 0.00% of their portfolio | 55.1k $163.1k | Added +13.9k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 53.3k $157.9k | Reduced -129 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 53.1k $165.7k | Added +26.2k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.00% of their portfolio | 51.9k $153.7k | Reduced -77.4k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 43.5k $128.6k | Added +30.0k |
| Cerity Partners LLC 0.00% of their portfolio | 42.7k $126.5k | Added +27.9k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 41.7k $123.5k | New |
| MetLife Investment Management, LLC 0.00% of their portfolio | 40.6k $120.2k | Added +15.7k |
| CITIGROUP INC 0.00% of their portfolio | 39.2k $116.1k | Added +35.7k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 34.1k $100.9k | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 31.8k $96.3k | Added +4.6k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 26.9k $79.7k | Added +2.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 26.2k $77.5k | Unchanged |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 25.6k $75.8k | Added +11.3k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 24.9k $73.7k | Added +14.3k |
| Graham Capital Management, L.P. 0.00% of their portfolio | 23.4k $69.4k | Reduced -8.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 23.3k $69.1k | Reduced -141.8k |
| R Squared Ltd 0.03% of their portfolio | 22.4k $66.4k | Added +5.6k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 21.1k $62.5k | Reduced -635 |
| Abel Hall, LLC 0.01% of their portfolio | 20.9k $61.7k | New |
| BRIGHTON JONES LLC 0.00% of their portfolio | 20.0k $59.2k | Added +8.7k |
| Arax Advisory Partners 0.00% of their portfolio | 19.9k $59.0k | Added +19.9k |
| ROYCE & ASSOCIATES LP 0.00% of their portfolio | 18.9k $55.9k | New |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 18.8k $55.6k | Unchanged |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 18.0k $53.3k | Added +9.7k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 17.7k $52.3k | Reduced -250.5k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 17.7k $52.3k | Unchanged |
| Comprehensive Financial Management LLC 0.00% of their portfolio | 17.5k $51.8k | Unchanged |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 16.5k $48.8k | Reduced -562 |
| Amundi 0.00% of their portfolio | 16.3k $48.3k | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 16.1k $47.6k | Reduced -4.5k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 15.7k $46.6k | Reduced -17.8k |
| IHT Wealth Management, LLC 0.00% of their portfolio | 15.0k $44.4k | New |
| Focus Partners Wealth 0.00% of their portfolio | 14.0k $41.3k | New |
| SG Americas Securities, LLC 0.00% of their portfolio | 13.9k $41.0k | Reduced -13.7k |