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 ($9.6m this quarter). Holder counts are more reliable. Shares outstanding: 156.8m as of 2022-11-01, 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 ≈ $67.64. Options: 17 managers hold calls ($121.4m notional), 15 hold puts ($40.8m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 527 |
| Q4 2022 | 518 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $80.6m | $39.8m | 0.49 |
| Q4 2022 | $121.4m | $40.8m | 0.34 |
Biggest buyers
| Capital Research Global Investors | New | +4.5m |
| Allspring Global Investments Holdings, LLC | Added | +2.2m |
| Senvest Management, LLC | Added | +1.2m |
| BlackRock Inc. | Added | +992.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +966.9k |
| First Eagle Investment Management, LLC | Added | +880.5k |
| MARSHALL WACE, LLP | Added | +691.5k |
| MILLENNIUM MANAGEMENT LLC | Added | +431.8k |
| Invesco Ltd. | Added | +362.1k |
| NATIXIS | Added | +292.8k |
Biggest sellers
| TCI FUND MANAGEMENT LTD | Sold out | -5.2m |
| PUTNAM INVESTMENTS LLC | Reduced | -2.3m |
| Clearbridge Investments, LLC | Sold out | -1.4m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -1.2m |
| J.P. Morgan Private Wealth Advisors LLC | Reduced | -1.1m |
| DEUTSCHE BANK AG\ | Reduced | -1.0m |
| WELLINGTON MANAGEMENT GROUP LLP | Sold out | -980.2k |
| Nuveen Asset Management, LLC | Reduced | -564.2k |
| Russell Investments Group, Ltd. | Reduced | -556.8k |
| MACQUARIE GROUP LTD | Reduced | -398.2k |
Biggest calls
| Twin Tree Management, LP | Added | $30.2m447.5k shares |
| CITADEL ADVISORS LLC | Added | $22.3m329.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $19.9m294.4k shares |
| SIMPLEX TRADING, LLC | Added | $16.9m249.4k shares |
| Walleye Trading LLC | Added | $11.5m170.1k shares |
| GROUP ONE TRADING LLC | Added | $6.8m100.8k shares |
| JANE STREET GROUP, LLC | Added | $5.4m80.1k shares |
| JPMORGAN CHASE & CO | New | $2.7m39.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $2.3m33.4k shares |
| WOLVERINE TRADING, LLC | Added | $1.1m16.2k shares |
Biggest puts
| SIMPLEX TRADING, LLC | Added | $10.3m152.0k shares |
| PEAK6 Investments LLC | Added | $5.6m83.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $5.2m76.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $4.3m63.8k shares |
| CITADEL ADVISORS LLC | Added | $4.0m59.0k shares |
| D. E. Shaw & Co., Inc. | New | $4.0m58.9k shares |
| JANE STREET GROUP, LLC | Added | $2.0m29.4k shares |
| GROUP ONE TRADING LLC | Added | $1.6m24.3k shares |
| Walleye Trading LLC | Reduced | $892.1k13.2k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $852.0k12.6k 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 in Q4 2022
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 |
|---|---|---|---|---|---|
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 3 | $4.8m | — |
| Q1 2022 | 0 | — | 1 | $2.5m | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 1 | $2.0m | — |
| Q4 2022 | 0 | — | 0 | — | — |
None reported in Q4 2022.
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 23.6m $1.6bn | Added +64.5k |
| BlackRock Inc. 0.04% of their portfolio | 18.1m $1.2bn | Added +992.8k |
| NORGES BANK 0.21% of their portfolio | 12.7m $858.0m | Added +74.5k |
| STATE STREET CORP 0.04% of their portfolio | 11.1m $759.9m | Added +14.3k |
| JPMORGAN CHASE & CO 0.08% of their portfolio | 7.9m $532.3m | Added +117.5k |
| APG Asset Management US Inc. 4.07% of their portfolio | 7.5m $503.5m | Reduced -102.8k |
| Capital Research Global Investors 0.09% of their portfolio | 4.5m $306.7m | New |
| First Eagle Investment Management, LLC 0.71% of their portfolio | 3.8m $259.3m | Added +880.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 3.2m $218.9m | Added +55.1k |
| Allspring Global Investments Holdings, LLC 0.34% of their portfolio | 2.9m $198.0m | Added +2.2m |
| Invesco Ltd. 0.05% of their portfolio | 2.6m $175.8m | Added +362.1k |
| NORTHERN TRUST CORP 0.04% of their portfolio | 2.5m $166.8m | Added +168.3k |
| Legal & General Group Plc 0.05% of their portfolio | 2.1m $140.2m | Added +69.0k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 2.1m $140.0m | Reduced -311.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 1.5m $99.3m | Added +58.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.05% of their portfolio | 1.4m $96.0m | Added +97.5k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.4m $95.9m | Added +80.7k |
| Zimmer Partners, LP 1.87% of their portfolio | 1.4m $92.9m | Reduced -262.5k |
| Senvest Management, LLC 3.01% of their portfolio | 1.3m $88.3m | Added +1.2m |
| PUTNAM INVESTMENTS LLC 0.14% of their portfolio | 1.2m $81.6m | Reduced -2.3m |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.2m $78.1m | Reduced -125.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.2m $77.7m | Added +966.9k |
| MORGAN STANLEY 0.01% of their portfolio | 1.1m $76.7m | Reduced -17.5k |
| MARSHALL WACE, LLP 0.20% of their portfolio | 1.1m $76.5m | Added +691.5k |
| Nuveen Asset Management, LLC 0.03% of their portfolio | 1.0m $68.3m | Reduced -564.2k |
| Capital World Investors 0.01% of their portfolio | 891.9k $60.3m | Unchanged |
| EARNEST PARTNERS LLC 0.37% of their portfolio | 891.6k $60.3m | Added +23.9k |
| Waterfront Capital Partners, LLC 4.53% of their portfolio | 819.2k $55.4m | Added +48.5k |
| Cullen Capital Management, LLC 0.63% of their portfolio | 727.0k $49.1m | Reduced -307.9k |
| Heitman Real Estate Securities LLC 2.48% of their portfolio | 691.7k $46.7m | Added +149.3k |
| Divco West Real Estate Services, LLC 39.49% of their portfolio | 680.5k $46.0m | First filing |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 664.0k $44.9m | Added +80.0k |
| Weiss Multi-Strategy Advisers LLC 1.25% of their portfolio | 641.6k $43.4m | Added +236.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 630.6k $42.6m | Added +67 |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 611.5k $41.3m | Added +431.8k |
| Swiss National Bank 0.03% of their portfolio | 605.2k $40.9m | Reduced -39.3k |
| Aberdeen Group plc 0.10% of their portfolio | 537.9k $36.3m | Added +14.9k |
| Adelante Capital Management LLC 2.94% of their portfolio | 516.8k $34.9m | Added +31.4k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 466.4k $31.5m | Added +57.3k |
| HSBC HOLDINGS PLC 0.04% of their portfolio | 440.6k $29.7m | Added +225.2k |
| BARCLAYS PLC 0.03% of their portfolio | 436.9k $29.5m | First filing |
| Holocene Advisors, LP 0.18% of their portfolio | 432.5k $29.2m | Added +174.0k |
| State of Tennessee, Department of Treasury 0.12% of their portfolio | 394.7k $26.7m | Reduced -1.7k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 387.1k $26.2m | Reduced -1.0m |
| Amundi 0.01% of their portfolio | 379.9k $26.5m | Added +32.9k |
| NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio | 378.9k $25.6m | Reduced -163.0k |
| California Public Employees Retirement System 0.02% of their portfolio | 366.2k $24.7m | Reduced -2.9k |
| CREDIT SUISSE AG/ 0.03% of their portfolio | 361.5k $24.4m | Added +96.2k |
| Retirement Systems of Alabama 0.11% of their portfolio | 356.7k $24.1m | Reduced -4.2k |
| Swedbank AB 0.05% of their portfolio | 353.9k $23.9m | Reduced -293 |
| Allianz Asset Management GmbH 0.05% of their portfolio | 341.3k $23.1m | Added +7.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 337.9k $22.8m | Added +1.0k |
| Walleye Capital LLC 0.50% of their portfolio | 336.8k $22.8m | Added +110.4k |
| SEI INVESTMENTS CO 0.05% of their portfolio | 332.8k $22.5m | Added +55.5k |
| Balyasny Asset Management L.P. 0.08% of their portfolio | 331.6k $22.4m | Added +284.5k |
| NATIXIS 0.12% of their portfolio | 313.6k $21.2m | Added +292.8k |
| Schonfeld Strategic Advisors LLC 0.18% of their portfolio | 313.6k $21.2m | Added +278.3k |
| CANADA LIFE ASSURANCE Co 0.06% of their portfolio | 311.0k $21.1m | Added +29.4k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 306.3k $20.7m | Added +5.3k |
| Asset Management One Co., Ltd. 0.09% of their portfolio | 286.0k $19.3m | Added +11.8k |
| GRS Advisors, LLC 4.43% of their portfolio | 273.9k $18.5m | New |
| Brookfield Corp /ON/ 0.07% of their portfolio | 268.2k $18.1m | Not comparable |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 260.7k $17.6m | Added +38.9k |
| STRS OHIO 0.08% of their portfolio | 254.7k $17.2m | Added +33.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 253.1k $17.1m | Added +2.8k |
| Robeco Institutional Asset Management B.V. 0.05% of their portfolio | 253.0k $17.1m | Reduced -45.7k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.07% of their portfolio | 249.5k $16.9m | Reduced -56.7k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 249.3k $16.8m | Added +59.7k |
| AXA S.A. 0.06% of their portfolio | 248.7k $16.8m | Reduced -215.1k |
| AEW CAPITAL MANAGEMENT L P 0.65% of their portfolio | 244.7k $16.5m | New |
| ROTHSCHILD & CO ASSET MANAGEMENT US INC. 0.25% of their portfolio | 242.8k $16.4m | Added +1.8k |
| Uniplan Investment Counsel, Inc. 1.17% of their portfolio | 242.7k $16.4m | Reduced -10.7k |
| STOREBRAND ASSET MANAGEMENT AS 0.09% of their portfolio | 241.6k $16.3m | Added +368 |
| CITIGROUP INC 0.02% of their portfolio | 231.5k $15.6m | Reduced -182.4k |
| HGI Capital Management, LLC 4.41% of their portfolio | 228.3k $15.4m | Added +74.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 213.4k $14.4m | Reduced -15.2k |
| PRUDENTIAL FINANCIAL INC 0.02% of their portfolio | 207.5k $14.0m | Reduced -67.8k |
| NISA INVESTMENT ADVISORS, LLC 0.11% of their portfolio | 205.0k $13.9m | Added +117.1k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.05% of their portfolio | 196.5k $13.3m | Added +48.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 194.3k $13.1m | Added +8.5k |
| AVIVA PLC 0.06% of their portfolio | 194.0k $13.1m | Reduced -5.2k |
| State of New Jersey Common Pension Fund D 0.05% of their portfolio | 191.2k $12.9m | Unchanged |
| INTECH INVESTMENT MANAGEMENT LLC 0.09% of their portfolio | 186.4k $12.6m | Added +105.1k |
| NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio | 185.8k $12.5m | Added +70.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 183.1k $12.2m | Added +19.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 182.9k $12.4m | Reduced -6.3k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC 0.14% of their portfolio | 181.7k $12.3m | Reduced -45.5k |
| NOMURA ASSET MANAGEMENT CO LTD 0.07% of their portfolio | 180.6k $12.2m | Added +6.2k |
| COHEN & STEERS, INC. 0.03% of their portfolio | 180.0k $12.2m | New |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 179.9k $12.2m | Reduced -556.8k |
| PINEBRIDGE INVESTMENTS, L.P. 0.14% of their portfolio | 176.6k $11.9m | Added +13.5k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.11% of their portfolio | 161.6k $10.9m | Added +48.9k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 155.3k $10.5m | Added +102.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio | 155.1k $10.5m | Added +24.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 152.9k $10.3m | Reduced -9.9k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 152.0k $10.2m | Added +65.9k |
| Qube Research & Technologies Ltd 0.06% of their portfolio | 151.7k $10.3m | Reduced -22.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 150.4k $10.2m | Reduced -1.2m |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 148.2k $10.0m | Reduced -398.2k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.05% of their portfolio | 146.5k $9.9m | Added +46.3k |