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 ($357.0m this quarter). Holder counts are more reliable. Shares outstanding: 2.0bn as of 2024-07-19, 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 ≈ $41.53. Options: 59 managers hold calls ($1.5bn notional), 47 hold puts ($1.7bn).
Trends to Q2 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 |
| Q2 2024 | 2,155 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2024 | 833 | 1,365 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $2.3bn | $1.8bn | 0.78 |
| Q4 2023 | $1.7bn | $1.2bn | 0.70 |
| Q1 2024 | $1.6bn | $1.2bn | 0.79 |
| Q2 2024 | $1.5bn | $1.7bn | 1.09 |
Biggest buyers
| CITADEL ADVISORS LLC | Added | +10.7m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +5.3m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +3.9m |
| FEDERATED HERMES, INC. | Added | +3.5m |
| Squarepoint Ops LLC | Added | +3.4m |
| Pacer Advisors, Inc. | Added | +3.1m |
| Man Group plc | Added | +2.9m |
| STATE OF MICHIGAN RETIREMENT SYSTEM | Added | +2.8m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +2.8m |
| JANE STREET GROUP, LLC | Added | +2.7m |
Biggest sellers
| MORGAN STANLEY | Reduced | -61.7m |
| JPMORGAN CHASE & CO | Reduced | -28.4m |
| Capital International Investors | Reduced | -14.8m |
| Boston Partners | Reduced | -7.0m |
| FRANKLIN RESOURCES INC | Reduced | -5.8m |
| Nuveen Asset Management, LLC | Reduced | -4.4m |
| BlackRock Inc. | Reduced | -3.9m |
| WELLS FARGO & COMPANY/MN | Reduced | -2.9m |
| BANK OF AMERICA CORP /DE/ | Reduced | -2.7m |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -2.6m |
Biggest calls
| CITADEL ADVISORS LLC | Added | $367.9m8.9m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $310.2m7.5m shares |
| JANE STREET GROUP, LLC | Added | $161.2m3.9m shares |
| GOLDMAN SACHS GROUP INC | Reduced | $122.7m3.0m shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $92.3m2.2m shares |
| SIMPLEX TRADING, LLC | Added | $65.5m1.6m shares |
| Twin Tree Management, LP | Reduced | $37.0m891.8k shares |
| IMC-Chicago, LLC | Added | $33.6m810.0k shares |
| D. E. Shaw & Co., Inc. | Reduced | $28.9m694.7k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $25.4m610.7k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $394.3m9.5m shares |
| CITADEL ADVISORS LLC | Added | $237.5m5.7m shares |
| JANE STREET GROUP, LLC | Added | $191.1m4.6m shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $166.1m4.0m shares |
| D. E. Shaw & Co., Inc. | Added | $131.5m3.2m shares |
| Qube Research & Technologies Ltd | Added | $83.5m2.0m shares |
| SIMPLEX TRADING, LLC | Added | $67.7m1.6m shares |
| TUDOR INVESTMENT CORP ET AL | Added | $41.7m1.0m shares |
| IMC-Chicago, LLC | Added | $32.2m776.2k shares |
| BANK OF AMERICA CORP /DE/ | Added | $31.0m746.3k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.15% of their portfolio | 186.6m $7.7bn | Added +504.0k |
| BlackRock Inc. 0.15% of their portfolio | 158.7m $6.6bn | Reduced -3.9m |
| JPMORGAN CHASE & CO 0.27% of their portfolio | 149.3m $6.2bn | Reduced -28.4m |
| STATE STREET CORP 0.17% of their portfolio | 91.4m $3.8bn | Reduced -125.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.47% of their portfolio | 59.1m $2.5bn | Added +5.3m |
| Capital International Investors 0.47% of their portfolio | 55.4m $2.3bn | Reduced -14.8m |
| GEODE CAPITAL MANAGEMENT, LLC 0.15% of their portfolio | 42.2m $1.7bn | Added +862.9k |
| FMR LLC 0.11% of their portfolio | 40.7m $1.7bn | Reduced -1.9m |
| NORGES BANK 0.20% of their portfolio | 32.6m $1.4bn | Added +342.3k |
| MORGAN STANLEY 0.08% of their portfolio | 26.2m $1.1bn | Reduced -61.7m |
| PRIMECAP MANAGEMENT CO/CA/ 0.71% of their portfolio | 23.5m $975.9m | Added +225.2k |
| NORTHERN TRUST CORP 0.15% of their portfolio | 21.8m $903.9m | Reduced -1.2m |
| BANK OF AMERICA CORP /DE/ 0.07% of their portfolio | 18.2m $753.9m | Reduced -2.7m |
| AMERIPRISE FINANCIAL INC 0.20% of their portfolio | 17.7m $733.6m | Reduced -2.1m |
| Legal & General Group Plc 0.19% of their portfolio | 16.5m $686.6m | Added +88.8k |
| Bank of New York Mellon Corp 0.13% of their portfolio | 16.2m $672.8m | Reduced -506.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.19% of their portfolio | 16.1m $667.5m | Added +3.9m |
| Dodge & Cox 0.39% of their portfolio | 15.8m $654.8m | Reduced -500.1k |
| GOLDMAN SACHS GROUP INC 0.13% of their portfolio | 15.7m $653.7m | Reduced -230.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.08% of their portfolio | 15.3m $635.4m | Added +2.8m |
| Invesco Ltd. 0.13% of their portfolio | 14.6m $607.6m | Reduced -2.2m |
| Independent Franchise Partners LLP 5.58% of their portfolio | 14.6m $606.4m | Added +556.3k |
| PZENA INVESTMENT MANAGEMENT LLC 2.06% of their portfolio | 14.1m $587.0m | Added +1.8m |
| DIMENSIONAL FUND ADVISORS LP 0.15% of their portfolio | 14.1m $584.1m | Reduced -2.6m |
| Pacer Advisors, Inc. 1.16% of their portfolio | 12.2m $507.1m | Added +3.1m |
| TWO SIGMA ADVISERS, LP 1.05% of their portfolio | 11.4m $471.5m | Added +2.4m |
| CITADEL ADVISORS LLC 0.45% of their portfolio | 11.0m $455.7m | Added +10.7m |
| M&G PLC 2.42% of their portfolio | 9.8m $409.5m | Added +2.5m |
| VAN ECK ASSOCIATES CORP 0.54% of their portfolio | 9.2m $380.1m | Added +1.2m |
| California Public Employees Retirement System 0.27% of their portfolio | 8.7m $362.0m | Reduced -1.2m |
| Amundi 0.13% of their portfolio | 8.4m $335.4m | Added +2.5m |
| LSV ASSET MANAGEMENT 0.75% of their portfolio | 8.3m $343.9m | Reduced -251.3k |
| DEUTSCHE BANK AG\ 0.15% of their portfolio | 7.9m $328.6m | Reduced -270.4k |
| FEDERATED HERMES, INC. 0.74% of their portfolio | 7.5m $313.4m | Added +3.5m |
| BARCLAYS PLC 0.14% of their portfolio | 7.1m $296.4m | Added +1.0m |
| ROYAL BANK OF CANADA 0.07% of their portfolio | 6.8m $283.9m | Reduced -1.1m |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.31% of their portfolio | 6.7m $277.2m | Added +2.1m |
| WELLS FARGO & COMPANY/MN 0.07% of their portfolio | 6.6m $272.2m | Reduced -2.9m |
| UBS Group AG 0.08% of their portfolio | 6.6m $272.2m | Reduced -1.1m |
| TWO SIGMA INVESTMENTS, LP 0.61% of their portfolio | 6.2m $256.4m | Added +1.6m |
| Swiss National Bank 0.17% of their portfolio | 6.0m $249.2m | Reduced -92.7k |
| FRANKLIN RESOURCES INC 0.07% of their portfolio | 5.8m $239.9m | Reduced -5.8m |
| NORDEA INVESTMENT MANAGEMENT AB 0.29% of their portfolio | 5.8m $243.2m | Reduced -1.9m |
| KBC Group NV 0.70% of their portfolio | 5.6m $233.2m | Added +320.7k |
| Nuveen Asset Management, LLC 0.07% of their portfolio | 5.5m $230.2m | Reduced -4.4m |
| CANADA PENSION PLAN INVESTMENT BOARD 0.20% of their portfolio | 4.9m $205.2m | Added +109.0k |
| HSBC HOLDINGS PLC 0.13% of their portfolio | 4.9m $205.0m | Reduced -488.6k |
| STATE OF MICHIGAN RETIREMENT SYSTEM 1.02% of their portfolio | 4.8m $198.0m | Added +2.8m |
| Qube Research & Technologies Ltd 0.36% of their portfolio | 4.7m $194.8m | Added +1.5m |
| Man Group plc 0.51% of their portfolio | 4.7m $194.7m | Added +2.9m |
| PNC Financial Services Group, Inc. 0.13% of their portfolio | 4.6m $191.0m | Reduced -149.9k |
| Sumitomo Mitsui Trust Group, Inc. 0.14% of their portfolio | 4.6m $189.5m | Reduced -511.5k |
| Robeco Institutional Asset Management B.V. 0.38% of their portfolio | 4.3m $178.6m | Added +1.2m |
| DekaBank Deutsche Girozentrale 0.32% of their portfolio | 4.2m $177.3m | Added +342.1k |
| JANE STREET GROUP, LLC 0.19% of their portfolio | 4.1m $170.8m | Added +2.7m |
| Squarepoint Ops LLC 0.62% of their portfolio | 4.0m $164.8m | Added +3.4m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.29% of their portfolio | 4.0m $164.8m | Added +2.5m |
| National Pension Service 0.19% of their portfolio | 3.9m $162.9m | Added +70.4k |
| AustralianSuper Pty Ltd 0.92% of their portfolio | 3.9m $160.2m | Added +775.9k |
| RHUMBLINE ADVISERS 0.15% of their portfolio | 3.8m $158.7m | Added +46.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.16% of their portfolio | 3.8m $157.0m | Added +185.1k |
| ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio | 3.7m $155.5m | Reduced -597.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.18% of their portfolio | 3.5m $144.7m | Added +50.0k |
| Aberdeen Group plc 0.28% of their portfolio | 3.5m $144.3m | Reduced -244.3k |
| Boston Partners 0.17% of their portfolio | 3.4m $140.3m | Reduced -7.0m |
| CANADA LIFE ASSURANCE Co 0.25% of their portfolio | 3.3m $135.2m | Added +384.3k |
| BANK OF MONTREAL /CAN/ 0.04% of their portfolio | 3.2m $146.8m | Reduced -478.9k |
| RAYMOND JAMES & ASSOCIATES 0.09% of their portfolio | 3.2m $132.4m | Reduced -196.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.14% of their portfolio | 3.2m $131.9m | Reduced -77.4k |
| Swedbank AB 0.17% of their portfolio | 3.1m $129.2m | Added +193.5k |
| LPL Financial LLC 0.06% of their portfolio | 3.0m $123.2m | Added +529.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.11% of their portfolio | 2.9m $121.2m | Reduced -412.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.15% of their portfolio | 2.9m $120.5m | Added +324.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.44% of their portfolio | 2.9m $118.8m | Added +144.5k |
| CITIGROUP INC 0.11% of their portfolio | 2.8m $117.9m | Reduced -326.9k |
| MIZUHO MARKETS AMERICAS LLC 3.21% of their portfolio | 2.8m $116.3m | Added +2.6m |
| NEW YORK STATE COMMON RETIREMENT FUND 0.15% of their portfolio | 2.8m $114.4m | Added +9.3k |
| FIRST TRUST ADVISORS LP 0.11% of their portfolio | 2.7m $112.6m | Added +318.3k |
| AQR CAPITAL MANAGEMENT LLC 0.17% of their portfolio | 2.7m $111.1m | Added +327.8k |
| AMERICAN CENTURY COMPANIES INC 0.07% of their portfolio | 2.6m $107.7m | Reduced -232.3k |
| AXA S.A. 0.16% of their portfolio | 2.6m $106.0m | Added +36.8k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.69% of their portfolio | 2.5m $105.9m | Reduced -12.1k |
| PRUDENTIAL FINANCIAL INC 0.16% of their portfolio | 2.5m $104.8m | Reduced -1.4m |
| Employees Provident Fund Board 1.64% of their portfolio | 2.5m $102.6m | Added +89.9k |
| D. E. Shaw & Co., Inc. 0.14% of their portfolio | 2.5m $101.9m | Added +1.7m |
| PRINCIPAL FINANCIAL GROUP INC 0.06% of their portfolio | 2.4m $97.8m | Reduced -82.1k |
| Bank Julius Baer & Co. Ltd, Zurich 0.40% of their portfolio | 2.3m $104.7m | Reduced -40.0k |
| APG Asset Management N.V. 0.16% of their portfolio | 2.3m $89.3m | Reduced -877.3k |
| DAVENPORT & Co LLC 0.60% of their portfolio | 2.3m $95.4m | Reduced -89.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 2.3m $94.2m | Added +34.6k |
| Ensign Peak Advisors, Inc 0.17% of their portfolio | 2.3m $93.8m | Reduced -42.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.18% of their portfolio | 2.2m $93.0m | Reduced -245.3k |
| Mitsubishi UFJ Trust & Banking Corp 0.22% of their portfolio | 2.2m $92.5m | Reduced -362.4k |
| US BANCORP \DE\ 0.12% of their portfolio | 2.1m $86.0m | Reduced -297.3k |
| TUDOR INVESTMENT CORP ET AL 0.93% of their portfolio | 2.0m $83.1m | New |
| Caisse de depot et placement du Quebec 0.20% of their portfolio | 2.0m $81.7m | Reduced -280.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.17% of their portfolio | 1.9m $79.6m | Reduced -242.8k |
| STIFEL FINANCIAL CORP 0.09% of their portfolio | 1.9m $77.8m | Reduced -45.8k |
| Douglas Lane & Associates, LLC 1.07% of their portfolio | 1.8m $75.3m | Added +43.0k |
| TD Asset Management Inc 0.07% of their portfolio | 1.7m $72.4m | Added +96.3k |