BXP INC BXP
COM · REIT · CUSIP 101121101 · ISIN US1011211018
* 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 ($35.7m this quarter). Holder counts are more reliable. Shares outstanding: 159.7m as of 2026-07-31, 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 ≈ $66.42. Options: 14 managers hold calls ($92.1m notional), 14 hold puts ($44.4m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 527 |
| Q4 2022 | 518 |
| Q1 2023 | 480 |
| Q2 2023 | 479 |
| Q3 2023 | 500 |
| Q4 2023 | 564 |
| Q1 2024 | 578 |
| Q2 2024 | 569 |
| Q3 2024 | 591 |
| Q4 2024 | 618 |
| Q1 2025 | 608 |
| Q2 2025 | 612 |
| Q3 2025 | 620 |
| Q4 2025 | 619 |
| Q1 2026 | 538 |
| Q2 2026 | 549 |
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 | 306 | 251 |
| Q4 2024 | 284 | 258 |
| Q1 2025 | 291 | 277 |
| Q2 2025 | 322 | 265 |
| Q3 2025 | 300 | 277 |
| Q4 2025 | 266 | 288 |
| Q1 2026 | 218 | 380 |
| Q2 2026 | 292 | 226 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $130.4m | $128.5m | 0.99 |
| Q4 2025 | $72.7m | $47.0m | 0.65 |
| Q1 2026 | $37.3m | $48.7m | 1.31 |
| Q2 2026 | $92.1m | $44.4m | 0.48 |
Biggest buyers
| First Eagle Investment Management, LLC | Added | +9.6m |
| COHEN & STEERS, INC. | Added | +1.9m |
| BlackRock, Inc. | Added | +1.5m |
| AQR CAPITAL MANAGEMENT LLC | Added | +1.1m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +849.7k |
| MILLENNIUM MANAGEMENT LLC | Added | +689.9k |
| UBS Group AG | Added | +664.6k |
| PRUDENTIAL FINANCIAL INC | Added | +484.0k |
| Heitman Real Estate Securities LLC | Added | +443.3k |
| MORGAN STANLEY | Added | +398.7k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -2.7m |
| CITADEL ADVISORS LLC | Reduced | -2.1m |
| GOLDMAN SACHS GROUP INC | Reduced | -512.3k |
| Invesco Ltd. | Reduced | -460.3k |
| BARCLAYS PLC | Reduced | -445.4k |
| JANE STREET GROUP, LLC | Reduced | -394.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -354.3k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC | Reduced | -330.6k |
| Balyasny Asset Management L.P. | Reduced | -269.2k |
| ALGEBRIS (UK) LTD | Sold out | -266.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $20.8m313.7k shares |
| J. Goldman & Co LP | New | $15.1m228.4k shares |
| Caption Management, LLC | New | $14.6m220.4k shares |
| IMC-Chicago, LLC | Added | $9.8m147.3k shares |
| CITADEL ADVISORS LLC | Added | $7.4m110.9k shares |
| Walleye Trading LLC | Added | $6.8m103.1k shares |
| JANE STREET GROUP, LLC | Added | $4.9m73.9k shares |
| SIMPLEX TRADING, LLC | Added | $4.7m70.8k shares |
| GROUP ONE TRADING LLC | Added | $3.1m47.2k shares |
| Parallax Volatility Advisers, L.P. | New | $1.3m20.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $14.4m217.2k shares |
| CITADEL ADVISORS LLC | Reduced | $6.7m101.3k shares |
| J. Goldman & Co LP | New | $6.2m93.5k shares |
| IMC-Chicago, LLC | Reduced | $3.9m59.1k shares |
| SIMPLEX TRADING, LLC | Added | $3.4m51.4k shares |
| Squarepoint Ops LLC | Reduced | $2.8m42.9k shares |
| Walleye Trading LLC | Added | $2.2m33.8k shares |
| Crawford Fund Management, LLC | Added | $1.6m24.5k shares |
| JANE STREET GROUP, LLC | Reduced | $1.2m17.5k shares |
| GROUP ONE TRADING LLC | Added | $795.7k12.0k 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 |
|---|---|
| COHEN & STEERS, INC. 13G · institution +1.1 pts · filed 2026-08-14 | 14.3% |
| BlackRock, Inc. 13G · institution filed 2025-10-17 | 10.0% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 8.1% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.2% |
| STATE STREET CORP 13G · institution new · filed 2026-05-12 | 6.2% |
| First Eagle Investment Management, LLC 13G · institution new · filed 2026-05-13 | 6.0% |
Fell to 5% or below in the last year: NORGES BANK (4.1%, 2026-08-12), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO 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 | — | 0 | — | — |
| Q1 2025 | 0 | — | 2 | $1.0m | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 4 | $5.1m | — |
| Q1 2026 | 0 | — | 2 | $476.9k | — |
| Q2 2026 | 0 | — | 3 | $2.2m | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-06-09 | LABELLE MICHAEL E EVP and CFO | Sold | $1.7m26.1k shares |
| 2026-05-22 | Kevorkian Eric G SVP, CLO and Secretary | Sold | $119.7k2.0k shares |
| 2026-05-21 | Kevorkian Eric G SVP, CLO and Secretary | Sold | $12.0k200 shares |
| 2026-05-20 | Otteni Peter V Executive Vice President | Sold | $287.2k4.9k 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, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| COHEN & STEERS, INC. 2.39% of their portfolio | 22.8m $1.5bn | Added +1.9m |
| First Eagle Investment Management, LLC 1.04% of their portfolio | 18.9m $1.3bn | Added +9.6m |
| BlackRock, Inc. 0.02% of their portfolio | 18.0m $1.2bn | Added +1.5m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.04% of their portfolio | 13.0m $859.6m | Added +139.4k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 10.1m $666.6m | Added +81.8k |
| STATE STREET CORP 0.02% of their portfolio | 9.8m $659.6m | Reduced -44.9k |
| APG Asset Management US Inc. 3.43% of their portfolio | 7.2m $489.9m | Added +17.5k |
| NORGES BANK 0.04% of their portfolio | 6.5m $429.8m | Not comparable |
| Invesco Ltd. 0.03% of their portfolio | 5.8m $384.6m | Reduced -460.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 4.4m $291.0m | Added +82.9k |
| Daiwa Securities Group Inc. 0.61% of their portfolio | 4.1m $271.1m | Reduced -230.9k |
| MORGAN STANLEY 0.01% of their portfolio | 3.0m $197.9m | Added +398.7k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.8m $186.5m | Added +118.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 2.7m $177.2m | Added +140.2k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 2.6m $169.9m | Added +187.0k |
| EARNEST PARTNERS LLC 0.61% of their portfolio | 2.5m $167.8m | Reduced -22.2k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 2.3m $153.9m | Reduced -23.0k |
| SEI INVESTMENTS CO 0.12% of their portfolio | 2.0m $135.2m | Added +38.3k |
| CITADEL ADVISORS LLC 0.07% of their portfolio | 1.9m $128.3m | Reduced -2.1m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.04% of their portfolio | 1.8m $132.2m | Added +849.7k |
| PRUDENTIAL FINANCIAL INC 0.13% of their portfolio | 1.8m $120.4m | Added +484.0k |
| UBS Group AG 0.02% of their portfolio | 1.5m $99.9m | Added +664.6k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.5m $101.4m | Reduced -2.7m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.5m $96.4m | Reduced -512.3k |
| Legal & General Group Plc 0.02% of their portfolio | 1.3m $84.0m | Added +8.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 1.2m $81.7m | Reduced -74.4k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 1.2m $81.4m | Added +1.1m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.1m $70.3m | Added +250.1k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.61% of their portfolio | 982.3k $65.1m | Added +93.5k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 961.7k $63.8m | Added +55.4k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 842.4k $55.9m | Added +2.0k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 765.8k $50.8m | Reduced -99.5k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 758.6k $46.9m | Added +39.3k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 747.8k $49.6m | Reduced -2.6k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 721.7k $47.9m | Added +689.9k |
| STRS OHIO 0.18% of their portfolio | 715.3k $47.4m | Added +132.8k |
| State of Tennessee, Department of Treasury 0.14% of their portfolio | 695.3k $46.1m | Reduced -870 |
| Divco West Real Estate Services, LLC 47.99% of their portfolio | 680.5k $45.1m | Unchanged |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 678.8k $45.0m | Reduced -140.0k |
| Woodline Partners LP 0.13% of their portfolio | 637.4k $42.3m | Reduced -45.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 611.5k $40.6m | Reduced -19.0k |
| Nuveen, LLC 0.01% of their portfolio | 555.4k $36.8m | Reduced -9.6k |
| BARCLAYS PLC 0.01% of their portfolio | 472.7k $31.3m | Reduced -445.4k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 471.1k $31.2m | Reduced -43.9k |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC 1.09% of their portfolio | 463.0k $30.7m | Reduced -24.1k |
| Heitman Real Estate Securities LLC 1.92% of their portfolio | 450.7k $29.9m | Added +443.3k |
| Hudson Bay Capital Management LP 0.14% of their portfolio | 435.9k $28.9m | Added +282.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 433.5k $28.7m | Added +87.1k |
| Gotham Asset Management, LLC 0.07% of their portfolio | 423.9k $28.1m | Added +371.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 420.9k $27.9m | Added +25.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 385.1k $25.5m | Added +41.5k |
| CAUSEWAY CAPITAL MANAGEMENT LLC 0.27% of their portfolio | 378.5k $25.1m | Reduced -2.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 369.4k $24.5m | Added +56.9k |
| FIRST MANHATTAN CO. LLC. 0.06% of their portfolio | 354.1k $23.5m | Added +6.2k |
| California Public Employees Retirement System 0.01% of their portfolio | 336.9k $22.3m | Added +16.6k |
| Analyst IMS Investment Management Services Ltd. 0.51% of their portfolio | 330.9k $21.9m | Reduced -8.6k |
| Fisher Asset Management, LLC 0.01% of their portfolio | 321.3k $21.3m | Reduced -4.8k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 313.9k $20.8m | Added +16.7k |
| BAMCO INC /NY/ 0.03% of their portfolio | 312.5k $20.7m | New |
| Vanguard Global Advisers, LLC 0.01% of their portfolio | 308.6k $20.5m | Reduced -386 |
| NATIXIS ADVISORS, LLC 0.02% of their portfolio | 308.0k $20.4m | Added +137.6k |
| Swiss National Bank 0.01% of their portfolio | 302.4k $20.1m | Added +4.5k |
| JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio | 300.5k $20.3m | Added +136.3k |
| Woodbridge Co Ltd 0.08% of their portfolio | 300.1k $19.9m | Unchanged |
| Pacific Heights Asset Management LLC 0.63% of their portfolio | 300.0k $19.9m | Added +50.0k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 293.8k $19.5m | Reduced -32.2k |
| CANADA LIFE ASSURANCE Co 0.03% of their portfolio | 291.1k $19.3m | Reduced -1.5k |
| Quantinno Capital Management LP 0.02% of their portfolio | 284.9k $18.9m | Added +43.1k |
| Amundi 0.00% of their portfolio | 268.5k $17.8m | Reduced -72.6k |
| STOREBRAND ASSET MANAGEMENT AS 0.04% of their portfolio | 268.4k $17.8m | Reduced -18.5k |
| H/2 CREDIT MANAGER LP 3.38% of their portfolio | 268.1k $17.8m | Unchanged |
| CITIGROUP INC 0.01% of their portfolio | 262.6k $17.4m | Reduced -125.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 258.3k $17.1m | Added +23.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 245.9k $12.8m | Added +27.8k |
| NOMURA ASSET MANAGEMENT CO LTD 0.03% of their portfolio | 244.3k $16.2m | Added +9.3k |
| Davis Selected Advisers 0.07% of their portfolio | 232.1k $15.4m | Reduced -5.1k |
| CHILTON CAPITAL MANAGEMENT LLC 0.49% of their portfolio | 231.7k $15.5m | Reduced -15.9k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 229.9k $15.2m | Added +119.0k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio | 227.4k $15.1m | Added +12.8k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.04% of their portfolio | 226.4k $15.0m | Reduced -2.3k |
| EXCHANGE TRADED CONCEPTS, LLC 0.07% of their portfolio | 211.2k $14.0m | Added +40.9k |
| Asset Management One Co., Ltd. 0.04% of their portfolio | 210.2k $13.9m | Reduced -6.0k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio | 205.2k $13.6m | Reduced -17.4k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 193.8k $12.8m | Added +48.9k |
| Cander Asset Management LP 2.36% of their portfolio | 191.7k $12.7m | Added +124.7k |
| MIZUHO MARKETS AMERICAS LLC 0.22% of their portfolio | 186.7k $12.4m | Added +37.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 174.7k $11.6m | Reduced -2.8k |
| HRT FINANCIAL LP 0.03% of their portfolio | 173.6k $11.5m | New |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio | 165.5k $11.0m | Reduced -54.4k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio | 163.0k $10.8m | Added +9.3k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.15% of their portfolio | 159.5k $10.6m | Reduced -330.6k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.05% of their portfolio | 151.0k $10.0m | Added +44.7k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.01% of their portfolio | 149.5k $9.9m | Added +11.7k |
| Vanguard Investments Australia, Ltd. 0.02% of their portfolio | 144.0k $9.5m | Reduced -130 |
| Apollo Management Holdings, L.P. 0.13% of their portfolio | 140.4k $9.3m | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 130.2k $8.6m | Added +1.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 123.1k $8.2m | Added +3.3k |
| State of New Jersey Common Pension Fund D 0.03% of their portfolio | 122.9k $8.2m | Unchanged |
| WHITTIER TRUST CO 0.08% of their portfolio | 122.5k $8.6m | Reduced -5.5k |
| NAN FUNG TRINITY (HK) LTD 0.80% of their portfolio | 121.9k $8.1m | Unchanged |