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$BULL
$5.47 -$0.18 (3.19%) Close

Ownership

13F as of Q2 2026 · 397.0M shares outstanding

Who owns BULL?

By type of holder
Institutions 42.8% Insiders 0.0% Everyone else 57.2%
Concentration Top 10 holders own 26.1%
Peak6 LLC 7.5% · BlackRock, Inc. 5.7%
Institutional ownership
42.8%
-3.0 pts vs last qtr
Institutional holders
205
+11 vs last qtr
Net shares bought
−11.8M
by institutions in Q2 2026
New / sold out
52 / 41
positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026
  • BlackRock, Inc. +6.8M
  • Azora Capital LP NEW +6.5M

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Biggest sellers in Q2 2026
  • Susquehanna International Group, LLP SOLD OUT −27.3M
  • HSG Holding Ltd SOLD OUT −7.1M

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Who is planning to sell?

Notices of proposed sale, last 12 months
$7.06M
10 notices from 5 people
Shares covered
940.0K
0.24% of the company
Arranged in advance
33%
of the value is under a 10b5-1 plan
Under a 10b5-1 plan No plan
$0$762.2K$1.5MNov 2025: $1.4M without a planNovDec 2025: $49.9K without a planDecJanFeb 2026: $780.2K without a planFebMar 2026: $1.1M without a planMarAprMay 2026: $469.5K without a planMayJunJulAug 2026: $481.4K under a 10b5-1 planAug 2026: $453.3K without a planAugSep 2026: $1.0M under a 10b5-1 planSep 2026: $493.7K without a planSepOct 2026: $792.6K under a 10b5-1 planOct
Largest proposed sellers
  • Anthony Denier Officer $2.77M
  • Lu Shen Affiliate $2.23M

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Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2023–FY2025
+187.8%
+69.63% a year
Each share's claim on the business
−65.2%
shrank without buying or selling a share
Spent on buybacks vs paid in stock
— vs $106M
over 3 fiscal years
Diluted shares, split-adjusted
133.8M267.4M401.0M2023: 138.0M shares'232024: 138.8M shares'242025: 397.0M shares'25
Buybacks Stock-based comp
$0$21.9M$43.9M2023 buybacks: $02023 stock comp: $29.4M'232024 buybacks: $02024 stock comp: $32.6M'242025 buybacks: $02025 stock comp: $43.9M'25

How patient are the owners?

Institutional shares by how long they've been held
5+ years0% 3–5 years0% 1–3 years38% Under 1 year62%
Quarterly turnover
27.3%
of institutional shares changed hands
Top 10 managers, median time held
3 quarters

Super Investors

Investment managers reporting BULL on Form 13F
P
Peak6 LLC
Shares
29.6M
% of company
7.47%
Change vs last qtr
−466.8K (−1.6%)
Held since
2025
SI
Susquehanna International Group, LLP
Shares
—
% of company
—
Change vs last qtr
SOLD OUT
Held since
—

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Institutional Funds

Mutual funds and ETFs reporting BULL on Form N-PORT; together they hold 1.4% of the company
Position value
$6.83M
% of company
0.26%
% of the fund
0.00%
As of
June 30, 2026
Position value
$6.67M
% of company
0.24%
% of the fund
0.16%
As of
July 31, 2026

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