BRIGHTHOUSE FINL INC BHF
COM · Common Stock · CUSIP 10922N103 · ISIN US10922N1037
American financial services company
- SectorFinancials
- IndustryLife Insurance
- HeadquartersCharlotte, NC
- Websitebrighthousefinancial.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 ($4.4m this quarter). Holder counts are more reliable. Shares outstanding: 57.5m 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 ≈ $63.25. Options: 17 managers hold calls ($100.3m notional), 18 hold puts ($79.8m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 412 |
| Q4 2022 | 428 |
| Q1 2023 | 416 |
| Q2 2023 | 411 |
| Q3 2023 | 406 |
| Q4 2023 | 431 |
| Q1 2024 | 427 |
| Q2 2024 | 429 |
| Q3 2024 | 416 |
| Q4 2024 | 410 |
| Q1 2025 | 439 |
| Q2 2025 | 448 |
| Q3 2025 | 435 |
| Q4 2025 | 458 |
| Q1 2026 | 467 |
| Q2 2026 | 473 |
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 | 130 | 187 |
| Q4 2024 | 137 | 182 |
| Q1 2025 | 175 | 162 |
| Q2 2025 | 180 | 193 |
| Q3 2025 | 164 | 209 |
| Q4 2025 | 193 | 200 |
| Q1 2026 | 185 | 163 |
| Q2 2026 | 180 | 171 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $191.7m | $275.3m | 1.44 |
| Q4 2025 | $67.0m | $54.7m | 0.82 |
| Q1 2026 | $72.0m | $97.6m | 1.36 |
| Q2 2026 | $100.3m | $79.8m | 0.80 |
Biggest buyers
| MORGAN STANLEY | Added | +591.2k |
| Qube Research & Technologies Ltd | Added | +575.8k |
| UBS Group AG | Added | +466.5k |
| HSBC HOLDINGS PLC | Added | +322.4k |
| SOROS FUND MANAGEMENT LLC | Added | +269.5k |
| Kryger Capital LLC | Added | +267.2k |
| TWO SIGMA INVESTMENTS, LP | Added | +228.7k |
| Man Group plc | New | +176.4k |
| STATE STREET CORP | Added | +143.5k |
| CITADEL ADVISORS LLC | Added | +130.6k |
Biggest sellers
| GLAZER CAPITAL, LLC | Reduced | -2.1m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -307.9k |
| M3F, Inc. | Sold out | -280.0k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Reduced | -224.8k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -208.2k |
| Hudson Bay Capital Management LP | Sold out | -202.5k |
| FRANKLIN RESOURCES INC | Reduced | -202.5k |
| HBK INVESTMENTS L P | Sold out | -200.0k |
| Invesco Ltd. | Reduced | -167.2k |
| FIRST TRUST ADVISORS LP | Reduced | -152.0k |
Biggest calls
| Walleye Trading LLC | Added | $33.7m533.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $16.6m262.4k shares |
| Caption Management, LLC | Added | $13.2m209.1k shares |
| Schonfeld Strategic Advisors LLC | New | $13.1m207.5k shares |
| CITADEL ADVISORS LLC | Reduced | $7.5m118.7k shares |
| Capula Management Ltd | Unchanged | $4.5m70.8k shares |
| SIMPLEX TRADING, LLC | Added | $3.5m54.9k shares |
| GROUP ONE TRADING LLC | Added | $3.4m53.6k shares |
| IMC-Chicago, LLC | Reduced | $1.5m23.5k shares |
| PEAK6 LLC | Unchanged | $1.1m16.7k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $24.5m387.0k shares |
| Caption Management, LLC | Reduced | $14.1m222.1k shares |
| Walleye Trading LLC | Added | $8.0m126.8k shares |
| Murchinson Ltd. | New | $6.3m100.0k shares |
| CITADEL ADVISORS LLC | Reduced | $4.9m76.7k shares |
| Centiva Capital, LP | Reduced | $4.4m70.3k shares |
| EQUITEC PROPRIETARY MARKETS, LLC | Added | $4.2m66.0k shares |
| MILLENNIUM MANAGEMENT LLC | Unchanged | $4.1m64.4k shares |
| Governors Lane LP | Added | $3.4m53.8k shares |
| SUMMIT SECURITIES GROUP LLC | Reduced | $2.1m33.4k 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 |
|---|---|
| DIMENSIONAL FUND ADVISORS LP 13G · institution filed 2026-07-14 | 6.3% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL 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 | — | 5 | $3.0m | $3.0m |
| Q1 2025 | 0 | — | 4 | $2.8m | $2.8m |
| Q2 2025 | 0 | — | 3 | $2.1m | $2.1m |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 5.4m $341.4m | Added +120.8k |
| UBS Group AG 0.04% of their portfolio | 4.2m $265.9m | Added +466.5k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 3.6m $230.1m | Added +78.6k |
| DME Capital Management, LP 4.60% of their portfolio | 2.8m $179.9m | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.07% of their portfolio | 2.7m $168.0m | Added +61.4k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 2.6m $164.4m | Added +27.2k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 2.5m $157.7m | Reduced -7.7k |
| STATE STREET CORP 0.00% of their portfolio | 2.1m $131.8m | Added +143.5k |
| MORGAN STANLEY 0.01% of their portfolio | 1.9m $118.9m | Added +591.2k |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 1.2m $77.1m | Reduced -307.9k |
| SOROS FUND MANAGEMENT LLC 0.93% of their portfolio | 1.1m $70.7m | Added +269.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.1m $69.6m | Reduced -1.4k |
| AQR Arbitrage LLC 0.84% of their portfolio | 927.3k $58.7m | Added +77.5k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 922.8k $55.3m | Added +89.2k |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 865.2k $54.9m | Added +322.4k |
| Kryger Capital LLC 2.78% of their portfolio | 769.9k $48.7m | Added +267.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 726.8k $46.0m | Added +72.8k |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 694.7k $44.0m | Added +575.8k |
| CITIGROUP INC 0.02% of their portfolio | 689.2k $43.6m | Added +5.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 587.0k $37.2m | Added +19.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 583.0k $36.9m | Reduced -15.9k |
| NEXPOINT ASSET MANAGEMENT, L.P. 2.47% of their portfolio | 583.0k $36.9m | Added +6.5k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 570.8k $36.1m | Reduced -202.5k |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC 1.09% of their portfolio | 503.4k $32.0m | Added +65.0k |
| ALPINE ASSOCIATES MANAGEMENT INC. 1.95% of their portfolio | 490.9k $31.1m | Added +37.0k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.04% of their portfolio | 418.0k $26.5m | Reduced -224.8k |
| Calamos Advisors LLC 0.09% of their portfolio | 391.8k $24.8m | Unchanged |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 361.7k $22.9m | Added +5.6k |
| ODDO BHF ASSET MANAGEMENT SAS 1.00% of their portfolio | 340.0k $21.5m | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 330.0k $20.9m | Reduced -24.8k |
| Jefferies Financial Group Inc. 0.18% of their portfolio | 312.7k $19.8m | Added +8.0k |
| PRELUDE CAPITAL MANAGEMENT, LLC 1.41% of their portfolio | 304.9k $19.3m | Reduced -602 |
| NORGES BANK 0.00% of their portfolio | 294.0k $18.6m | Not comparable |
| Quantinno Capital Management LP 0.02% of their portfolio | 285.9k $18.1m | Added +99.0k |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 265.4k $16.8m | Reduced -99.8k |
| GLAZER CAPITAL, LLC 0.41% of their portfolio | 260.6k $16.5m | Reduced -2.1m |
| Invesco Ltd. 0.00% of their portfolio | 247.8k $15.7m | Reduced -167.2k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 245.0k $15.5m | Added +228.7k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 225.7k $14.3m | Added +11.7k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 214.3k $13.6m | Added +58.1k |
| Squarepoint Ops LLC 0.03% of their portfolio | 205.1k $13.0m | Reduced -7.7k |
| NATIXIS 0.06% of their portfolio | 204.6k $13.0m | Added +128.6k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 203.6k $12.9m | Reduced -152.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 194.9k $12.3m | Added +25.7k |
| GRACE & WHITE INC /NY 1.88% of their portfolio | 187.6k $11.9m | Unchanged |
| Man Group plc 0.02% of their portfolio | 176.4k $11.2m | New |
| Gotham Asset Management, LLC 0.02% of their portfolio | 159.7k $10.1m | Reduced -1.2k |
| SYQUANT CAPITAL SAS 2.18% of their portfolio | 153.9k $9.7m | Reduced -16.0k |
| Groupe la Francaise 0.12% of their portfolio | 153.1k $9.7m | Reduced -27.8k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 148.5k $9.4m | Added +59 |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 144.0k $9.1m | Added +130.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 142.7k $9.0m | Reduced -3.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 129.9k $8.2m | Added +2.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 125.1k $7.9m | Added +22.5k |
| BARCLAYS PLC 0.00% of their portfolio | 124.7k $7.9m | Added +59.9k |
| CREDIT INDUSTRIEL ET COMMERCIAL 0.80% of their portfolio | 116.2k $7.4m | Reduced -21.1k |
| Swiss National Bank 0.00% of their portfolio | 114.7k $7.3m | Added +1.6k |
| Nuveen, LLC 0.00% of their portfolio | 112.1k $7.1m | Added +15.1k |
| LSV ASSET MANAGEMENT 0.01% of their portfolio | 105.8k $6.7m | Reduced -800 |
| Murchinson Ltd. 3.17% of their portfolio | 103.7k $6.6m | Added +100.0k |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 100.0k $6.3m | New |
| Athos Capital Ltd 2.27% of their portfolio | 100.0k $6.3m | Reduced -30.0k |
| MIZUHO MARKETS AMERICAS LLC 0.11% of their portfolio | 100.0k $6.3m | New |
| ADAR1 Capital Management, LLC 0.28% of their portfolio | 95.5k $6.0m | Unchanged |
| Retirement Systems of Alabama 0.02% of their portfolio | 91.6k $5.8m | Reduced -11.0k |
| GARDNER LEWIS ASSET MANAGEMENT L P 1.28% of their portfolio | 91.0k $5.8m | Unchanged |
| KESTREL INVESTMENT MANAGEMENT CORP 3.12% of their portfolio | 90.4k $5.7m | Unchanged |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.01% of their portfolio | 90.1k $5.7m | Reduced -125.0k |
| Polar Asset Management Partners Inc. 0.10% of their portfolio | 89.3k $5.7m | Added +68.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 85.9k $5.6m | Reduced -95.7k |
| GABELLI FUNDS LLC 0.03% of their portfolio | 84.7k $5.4m | Added +6.6k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.10% of their portfolio | 82.2k $5.2m | Added +6.3k |
| Legal & General Group Plc 0.00% of their portfolio | 79.1k $5.0m | Reduced -3.9k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 75.9k $4.8m | Reduced -208.2k |
| NINE MASTS CAPITAL Ltd 0.49% of their portfolio | 69.8k $4.4m | Reduced -1.0k |
| Kapitalo Investimentos Ltda 0.33% of their portfolio | 67.4k $4.3m | Unchanged |
| J.W. COLE ADVISORS, INC. 0.07% of their portfolio | 67.0k $4.2m | Added +32.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 66.0k $4.2m | Reduced -3.6k |
| Centiva Capital, LP 0.13% of their portfolio | 61.9k $3.9m | Reduced -20.0k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 61.2k $3.9m | Reduced -275 |
| Four Tree Island Advisory LLC 1.25% of their portfolio | 59.8k $3.8m | Added +34.8k |
| New York Life Investment Management LLC 0.03% of their portfolio | 59.6k $3.8m | Reduced -1.1k |
| Tidal Investments LLC 0.01% of their portfolio | 58.7k $3.7m | Reduced -66.1k |
| Verition Fund Management LLC 0.03% of their portfolio | 57.3k $3.6m | Reduced -14.3k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 57.3k $3.6m | Reduced -578 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 57.2k $3.6m | Reduced -4.3k |
| MANGROVE PARTNERS IM, LLC 0.23% of their portfolio | 56.2k $3.6m | Added +62 |
| GABELLI & Co INVESTMENT ADVISERS, INC. 0.51% of their portfolio | 55.5k $3.5m | Added +8.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 54.6k $3.5m | Added +3.2k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 54.2k $3.4m | Reduced -11.7k |
| BANK OF NOVA SCOTIA 0.01% of their portfolio | 53.0k $3.4m | New |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 51.5k $3.3m | Added +235 |
| Alberta Investment Management Corp 0.02% of their portfolio | 50.0k $3.2m | Unchanged |
| Westchester Capital Management, LLC 0.16% of their portfolio | 49.1k $3.1m | Unchanged |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 47.4k $3.0m | Added +1.3k |
| ALGERT GLOBAL LLC 0.04% of their portfolio | 46.8k $3.0m | Unchanged |
| WOLVERINE ASSET MANAGEMENT LLC 0.04% of their portfolio | 45.5k $2.9m | Unchanged |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 45.3k $2.9m | Reduced -13.5k |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 44.6k $2.8m | Added +27.2k |
| LPL Financial LLC 0.00% of their portfolio | 44.3k $2.8m | Reduced -512 |