BRISTOL-MYERS SQUIBB CO BMY
COM · Common Stock · CUSIP 110122108 · ISIN US1101221083
American pharmaceutical company
* 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 ($404.3m this quarter). Holder counts are more reliable. Shares outstanding: 2.0bn as of 2024-04-18, 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 ≈ $54.20. Options: 62 managers hold calls ($1.6bn notional), 52 hold puts ($1.2bn).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 2,475 |
| Q4 2022 | 2,603 |
| Q1 2023 | 2,547 |
| Q2 2023 | 2,487 |
| Q3 2023 | 2,394 |
| Q4 2023 | 2,369 |
| Q1 2024 | 2,337 |
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 | 1,132 | 1,054 |
| Q1 2023 | 1,145 | 1,147 |
| Q2 2023 | 1,035 | 1,234 |
| Q3 2023 | 873 | 1,366 |
| Q4 2023 | 779 | 1,446 |
| Q1 2024 | 1,080 | 1,149 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $1.4bn | $880.7m | 0.62 |
| Q3 2023 | $2.3bn | $1.8bn | 0.78 |
| Q4 2023 | $1.7bn | $1.2bn | 0.70 |
| Q1 2024 | $1.6bn | $1.2bn | 0.79 |
Biggest buyers
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +42.4m |
| MORGAN STANLEY | Added | +29.0m |
| Capital International Investors | Added | +8.7m |
| PZENA INVESTMENT MANAGEMENT LLC | Added | +6.7m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +5.5m |
| VAN ECK ASSOCIATES CORP | Added | +3.9m |
| FEDERATED HERMES, INC. | Added | +3.8m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +2.8m |
| UBS Group AG | Added | +2.7m |
| KBC Group NV | Added | +2.4m |
Biggest sellers
| VANGUARD GROUP INC | Reduced | -12.1m |
| AMERIPRISE FINANCIAL INC | Reduced | -8.0m |
| FIL Ltd | Reduced | -6.5m |
| BlackRock Inc. | Reduced | -5.5m |
| DEUTSCHE BANK AG\ | Reduced | -5.4m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -4.0m |
| D. E. Shaw & Co., Inc. | Reduced | -3.7m |
| Qube Research & Technologies Ltd | Reduced | -3.5m |
| NORDEA INVESTMENT MANAGEMENT AB | Reduced | -3.4m |
| Boston Partners | Reduced | -3.4m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $290.9m5.4m shares |
| CITADEL ADVISORS LLC | Added | $269.8m5.0m shares |
| GOLDMAN SACHS GROUP INC | Added | $178.3m3.3m shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $111.7m2.1m shares |
| SIMPLEX TRADING, LLC | Reduced | $78.3m1.4m shares |
| Squarepoint Ops LLC | Added | $62.4m1.2m shares |
| Twin Tree Management, LP | Added | $58.8m1.1m shares |
| WELLS FARGO & COMPANY/MN | Reduced | $54.8m1.0m shares |
| BANK OF AMERICA CORP /DE/ | Added | $46.8m862.3k shares |
| D. E. Shaw & Co., Inc. | Reduced | $46.7m861.2k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $225.1m4.2m shares |
| CITADEL ADVISORS LLC | Added | $211.4m3.9m shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $132.1m2.4m shares |
| D. E. Shaw & Co., Inc. | Added | $107.7m2.0m shares |
| Qube Research & Technologies Ltd | Added | $87.0m1.6m shares |
| SIMPLEX TRADING, LLC | Added | $61.0m1.1m shares |
| JANE STREET GROUP, LLC | Added | $48.4m892.2k shares |
| BANK OF AMERICA CORP /DE/ | Added | $30.4m560.9k shares |
| UBS Group AG | Reduced | $29.1m537.2k shares |
| GOLDMAN SACHS GROUP INC | Added | $24.7m456.2k 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 |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
| BlackRock, Inc. 13G · institution filed 2025-04-17 | 7.1% |
| STATE STREET CORP 13G · institution new · filed 2026-08-07 | 5.0% |
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 in Q1 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 |
|---|---|---|---|---|---|
| Q2 2022 | 0 | — | 2 | $7.1m | — |
| Q3 2022 | 0 | — | 3 | $16.7m | — |
| Q4 2022 | 0 | — | 2 | $4.9m | — |
| Q1 2023 | 0 | — | 2 | $18.8m | — |
| Q2 2023 | 0 | — | 1 | $3.4m | — |
| Q3 2023 | 0 | — | 2 | $1.1m | — |
| Q4 2023 | 2 | $673.0k | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
None reported in Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.20% of their portfolio | 186.1m $10.1bn | Reduced -12.1m |
| JPMORGAN CHASE & CO 0.43% of their portfolio | 177.6m $9.6bn | Reduced -2.5m |
| BlackRock Inc. 0.21% of their portfolio | 162.6m $8.8bn | Reduced -5.5m |
| STATE STREET CORP 0.22% of their portfolio | 91.6m $5.0bn | Added +2.1m |
| MORGAN STANLEY 0.13% of their portfolio | 87.8m $4.8bn | Added +29.0m |
| Capital International Investors 0.77% of their portfolio | 70.2m $3.8bn | Added +8.7m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.67% of their portfolio | 53.7m $2.9bn | Added +42.4m |
| FMR LLC 0.15% of their portfolio | 42.6m $2.3bn | Reduced -47.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.21% of their portfolio | 41.3m $2.2bn | Added +1.6m |
| NORGES BANK 0.28% of their portfolio | 32.3m $1.7bn | Added +1.8m |
| PRIMECAP MANAGEMENT CO/CA/ 0.94% of their portfolio | 23.3m $1.3bn | Reduced -261.0k |
| NORTHERN TRUST CORP 0.22% of their portfolio | 23.0m $1.2bn | Reduced -1.0m |
| BANK OF AMERICA CORP /DE/ 0.11% of their portfolio | 20.9m $1.1bn | Added +164.5k |
| AMERIPRISE FINANCIAL INC 0.30% of their portfolio | 19.8m $1.1bn | Reduced -8.0m |
| Invesco Ltd. 0.20% of their portfolio | 16.9m $914.0m | Added +1.3m |
| Bank of New York Mellon Corp 0.17% of their portfolio | 16.7m $906.0m | Reduced -315.7k |
| DIMENSIONAL FUND ADVISORS LP 0.24% of their portfolio | 16.7m $903.0m | Reduced -308.5k |
| Legal & General Group Plc 0.26% of their portfolio | 16.4m $891.8m | Reduced -248.3k |
| Dodge & Cox 0.51% of their portfolio | 16.3m $882.2m | Added +66.8k |
| GOLDMAN SACHS GROUP INC 0.18% of their portfolio | 16.0m $866.1m | Reduced -388.0k |
| Independent Franchise Partners LLP 6.30% of their portfolio | 14.0m $761.6m | Reduced -20.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.08% of their portfolio | 12.5m $680.5m | Added +5.5m |
| PZENA INVESTMENT MANAGEMENT LLC 2.29% of their portfolio | 12.3m $666.7m | Added +6.7m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.24% of their portfolio | 12.2m $661.3m | Added +696.7k |
| FRANKLIN RESOURCES INC 0.20% of their portfolio | 11.6m $627.6m | Added +2.2m |
| Boston Partners 0.67% of their portfolio | 10.4m $560.5m | Reduced -3.4m |
| California Public Employees Retirement System 0.38% of their portfolio | 10.0m $540.3m | Reduced -243.6k |
| Nuveen Asset Management, LLC 0.16% of their portfolio | 9.9m $539.6m | Reduced -756.0k |
| WELLS FARGO & COMPANY/MN 0.13% of their portfolio | 9.4m $510.4m | Added +1.7m |
| Pacer Advisors, Inc. 1.14% of their portfolio | 9.1m $496.0m | Added +1.3m |
| TWO SIGMA ADVISERS, LP 1.12% of their portfolio | 8.9m $484.8m | Added +36.7k |
| LSV ASSET MANAGEMENT 0.96% of their portfolio | 8.5m $462.7m | Reduced -203.2k |
| DEUTSCHE BANK AG\ 0.21% of their portfolio | 8.2m $443.7m | Reduced -5.4m |
| VAN ECK ASSOCIATES CORP 0.65% of their portfolio | 7.9m $431.1m | Added +3.9m |
| ROYAL BANK OF CANADA 0.10% of their portfolio | 7.9m $428.8m | Added +1.1m |
| NORDEA INVESTMENT MANAGEMENT AB 0.49% of their portfolio | 7.7m $416.0m | Reduced -3.4m |
| UBS Group AG 0.14% of their portfolio | 7.6m $413.1m | Added +2.7m |
| M&G PLC 2.35% of their portfolio | 7.3m $392.6m | First filing |
| BARCLAYS PLC 0.15% of their portfolio | 6.1m $330.6m | Reduced -746.5k |
| Swiss National Bank 0.23% of their portfolio | 6.1m $330.5m | Reduced -439.1k |
| Amundi 0.12% of their portfolio | 5.9m $287.8m | Added +876.2k |
| HSBC HOLDINGS PLC 0.21% of their portfolio | 5.4m $293.3m | Added +837.3k |
| KBC Group NV 0.91% of their portfolio | 5.3m $287.2m | Added +2.4m |
| Sumitomo Mitsui Trust Group, Inc. 0.19% of their portfolio | 5.1m $275.2m | Reduced -519.6k |
| CREDIT SUISSE AG/ 0.25% of their portfolio | 4.9m $264.9m | Reduced -1.8m |
| CANADA PENSION PLAN INVESTMENT BOARD 0.28% of their portfolio | 4.8m $262.0m | Added +325.6k |
| PNC Financial Services Group, Inc. 0.18% of their portfolio | 4.7m $257.5m | Reduced -31.4k |
| TWO SIGMA INVESTMENTS, LP 0.61% of their portfolio | 4.6m $249.3m | Reduced -300.3k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.29% of their portfolio | 4.6m $248.0m | Added +1.1m |
| ALLIANCEBERNSTEIN L.P. 0.08% of their portfolio | 4.3m $235.5m | Added +339.5k |
| FEDERATED HERMES, INC. 0.51% of their portfolio | 4.1m $219.7m | Added +3.8m |
| PRUDENTIAL FINANCIAL INC 0.30% of their portfolio | 3.9m $211.8m | Added +286.6k |
| DekaBank Deutsche Girozentrale 0.39% of their portfolio | 3.9m $209.5m | Reduced -55.7k |
| National Pension Service 0.25% of their portfolio | 3.9m $208.9m | Added +113.9k |
| RHUMBLINE ADVISERS 0.20% of their portfolio | 3.8m $204.6m | Added +1.6k |
| BANK OF MONTREAL /CAN/ 0.06% of their portfolio | 3.7m $198.1m | Added +130.1k |
| Aberdeen Group plc 0.40% of their portfolio | 3.7m $201.7m | Reduced -174.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.19% of their portfolio | 3.6m $195.0m | Added +916.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.24% of their portfolio | 3.4m $186.3m | Reduced -13.4k |
| RAYMOND JAMES & ASSOCIATES 0.12% of their portfolio | 3.4m $183.5m | Added +929.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.17% of their portfolio | 3.3m $180.7m | Added +2.8m |
| BNP PARIBAS FINANCIAL MARKETS 0.22% of their portfolio | 3.3m $176.4m | Added +917.5k |
| Qube Research & Technologies Ltd 0.31% of their portfolio | 3.2m $173.1m | Reduced -3.5m |
| APG Asset Management N.V. 0.28% of their portfolio | 3.2m $159.8m | Reduced -169.1k |
| CITIGROUP INC 0.19% of their portfolio | 3.2m $171.7m | Reduced -299.6k |
| Robeco Institutional Asset Management B.V. 0.37% of their portfolio | 3.1m $168.5m | Reduced -812.7k |
| AustralianSuper Pty Ltd 0.96% of their portfolio | 3.1m $163.3m | Added +1.4m |
| Russell Investments Group, Ltd. 0.25% of their portfolio | 2.9m $158.9m | Added +702.1k |
| SG Americas Securities, LLC 0.81% of their portfolio | 2.9m $159.0m | Added +1.0m |
| Swedbank AB 0.22% of their portfolio | 2.9m $158.2m | Added +803.7k |
| CANADA LIFE ASSURANCE Co 0.31% of their portfolio | 2.9m $155.7m | Added +263.1k |
| AMERICAN CENTURY COMPANIES INC 0.10% of their portfolio | 2.8m $153.2m | Reduced -1.1m |
| NEW YORK STATE COMMON RETIREMENT FUND 0.20% of their portfolio | 2.7m $148.9m | Reduced -77.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.54% of their portfolio | 2.7m $147.3m | Reduced -2.3m |
| Mitsubishi UFJ Trust & Banking Corp 0.32% of their portfolio | 2.6m $138.8m | Reduced -47.3k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.19% of their portfolio | 2.6m $139.8m | Added +510.0k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.89% of their portfolio | 2.6m $138.9m | Added +18.7k |
| AXA S.A. 0.41% of their portfolio | 2.5m $136.5m | Reduced -2.2m |
| Capital Group Private Client Services, Inc. 1.38% of their portfolio | 2.5m $135.1m | Added +1.7m |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.40% of their portfolio | 2.5m $172.1m | Added +183.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.08% of their portfolio | 2.4m $132.2m | Added +13.3k |
| LPL Financial LLC 0.07% of their portfolio | 2.4m $132.2m | Added +533.1k |
| FIRST TRUST ADVISORS LP 0.13% of their portfolio | 2.4m $129.8m | Reduced -2.9m |
| DAVENPORT & Co LLC 0.80% of their portfolio | 2.4m $128.8m | Added +215.7k |
| Employees Provident Fund Board 2.26% of their portfolio | 2.4m $129.1m | Added +632.5k |
| US BANCORP \DE\ 0.18% of their portfolio | 2.4m $128.4m | Reduced -120.2k |
| Bank Julius Baer & Co. Ltd, Zurich 0.49% of their portfolio | 2.4m $127.3m | Added +764.3k |
| AQR CAPITAL MANAGEMENT LLC 0.22% of their portfolio | 2.3m $126.5m | Added +246.7k |
| Ensign Peak Advisors, Inc 0.23% of their portfolio | 2.3m $124.7m | Reduced -310.5k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.33% of their portfolio | 2.3m $123.2m | Reduced -171.5k |
| Caisse de depot et placement du Quebec 0.29% of their portfolio | 2.2m $122.0m | Reduced -721.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio | 2.2m $121.2m | Added +276.0k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.24% of their portfolio | 2.2m $117.2m | Reduced -7.7k |
| STOREBRAND ASSET MANAGEMENT AS 0.36% of their portfolio | 1.9m $104.7m | Added +144.4k |
| STATE OF MICHIGAN RETIREMENT SYSTEM 0.56% of their portfolio | 1.9m $104.4m | Added +1.3m |
| STIFEL FINANCIAL CORP 0.12% of their portfolio | 1.9m $104.0m | Added +346.7k |
| Allianz Asset Management GmbH 0.17% of their portfolio | 1.9m $103.1m | Added +177.3k |
| Man Group plc 0.27% of their portfolio | 1.8m $99.1m | Reduced -367.8k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.34% of their portfolio | 1.8m $98.2m | Reduced -102.0k |
| Douglas Lane & Associates, LLC 1.36% of their portfolio | 1.8m $95.9m | Added +45.0k |