Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Becton Dickinson & Co (BDX)

1K + Investors. Track Smart Money conviction in BDX. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -69
Streak
1Q ▼
Buyers last Q
50%

Smart Money Signals — BDX

Based on 1464 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their BDX positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 92% of 3.0Y peak

92% of all-time peak
1,464 funds currently hold this stock — 92% of the 3.0-year high of 1,586 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 7% fewer funds vs a year ago

fund count last 6Q
105 fewer hedge funds hold BDX compared to a year ago (-7% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 50% buying

726 buying740 selling
Last quarter: 726 funds bought or added vs 740 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-73 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 173 → 151 → 221 → 148. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

70% of holders stayed for 2+ years

■ 70% conviction (2yr+) ■ 15% medium ■ 15% new
1,031 out of 1,464 hedge funds have held BDX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

142 → 173 → 151 → 221 → 148 new funds/Q
New funds entering each quarter: 173 → 151 → 221 → 148. A growing number of institutions are discovering BDX each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 73% veterans vs 18% newcomers

■ 73% veterans ■ 10% 1-2yr ■ 18% new
Entry-cohort mix of 1,488 holders: 1,080 (73%) are 2+ year veterans, 142 entered 1–2 years ago, and 266 (18%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 47% AUM from top-100 funds

47% from top-100 AUM funds
62 of 1456 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in BDX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.0
out of 10
Low Exit Risk
Exit risk score 3.0/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BDX

In 2026 Q1, 726 hedge funds were net buyers of BDX (148 opened a new position, 578 added to an existing one), while 740 reduced or exited (523 trimmed, 217 sold completely) — a 50% buyer ratio, indicating a slight buying edge. 47% of total institutional value in BDX is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -69 funds (more exits than new entries). Total institutional holders: 1464.

Hedge Fund Ownership: BDX

How many hedge funds hold BDX — quarterly history vs. share price
Quarterly hedge fund ownership of BDX vs. share price

Market Analysis: BDX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BDX

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Becton Dickinson & Co (BDX) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BDX has moved relative to its sector benchmark (XLV) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 76d ago
BDX
-7.0%
XLV
+4.9%

BDX outperformed XLV by -11.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 31d ago
BDX
+2.6%
XLV
+6.0%

Since the filing became public, BDX outperformed XLV by -3.4% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

67 top-rated funds 10 high-conviction
Consensus
8.0
/ 10
breadth
×
Elite
4.2
/ 10
conviction
Hedge Fund Positioning: BDX
1K + Investors

Track Smart Money conviction in BDX. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 1450 1533 -5.41%
13F Shares 259M 311M -16.71%
Total Value $38.47B $51.18B -24.84%
New Positions 142 221 -79
Increased Positions 567 446 +121
Closed Positions 225 148 +77
Reduced Positions 515 663 -148
Total Calls 16 19 -15.79%
Total Puts 14 18 -22.22%
PUT/CALL Ratio 0.88 0.95 Neutral

Statistics: BDX

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Financial Highlights

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Institutional Holders (2026 Q1)

1K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BDX. Verified SEC 13F-HR filings.

QUARTER:
Top 25 BDX holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Defilade Capital Management, L.P. 6.16% 279,210 $43.9M
2 Soapstone Management L.P. 5.46% 48,750 $7.7M
3 Veritas Asset Management LLP 5.39% 2,022,830 $318.0M
4 First Pacific Advisors, LP 4.36% 1,980,440 $311.4M
5 Longview Partners (Guernsey) LTD 4.32% 1,939,236 $304.9M
6 Lone Peak Global Investors LLC 3.85% 147,068 $23.1M
7 Hahn Capital Management LLC 3.68% 37,299 $5.9M
8 Bernzott Capital Advisors 3.48% 46,137 $7.3M
9 Cortland Associates Inc/Mo 3.47% 153,972 $24.2M
10 Coleford Investment Management Ltd. 3.40% 88,268 $13.9M
11 Southpoint Capital Advisors LP 3.24% 1,000,000 $157.2M
12 Park West Asset Management LLC 3.07% 230,000 $36.2M
13 Sector Gamma As 3.07% 82,615 $13.0M
14 Caden Capital Partners, LP 2.72% 1,405 $221K
15 Luxor Capital Group, LP 2.71% 247,240 $38.9M
16 Ami Asset Management Corp 2.65% 263,904 $41.5M
17 Banque de Luxembourg S.A. 2.64% 32,489 $5.1M
18 Pacific Capital Partners Ltd 2.57% 16,551 $2.6M
19 First Eagle Investment Management, LLC 2.48% 11,928,111 $1.88B
20 Skba Capital Management LLC 2.45% 113,329 $17.8M
21 Fiduciary Management Inc /Wi/ 2.42% 1,239,752 $194.9M
22 Nuance Investments, LLC 2.34% 106,783 $16.8M
23 Foyston, Gordon & Payne Inc 2.32% 63,960 $10.1M
24 Old North State Wealth Management, LLC 2.32% 31,813 $5.0M
25 Starboard Value LP 2.19% 636,494 $100.1M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Becton Dickinson & Co (BDX)

What does the Smart Money Trend signal show for BDX?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their BDX positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for BDX?

Slight buying edge — 50% buying: Last quarter: 726 funds bought or added vs 740 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for BDX holders?

Elite ownership — 47% AUM from top-100 funds: 62 of 1456 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in BDX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held BDX?

70% of holders stayed for 2+ years: 1,031 out of 1,464 hedge funds have held BDX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Becton Dickinson & Co (BDX) following the 2026 Q1 hedge fund 13F filings?

As of today, BDX has moved +2.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +6.0% for the XLV sector ETF — an outperformance of -3.4%. Since the quarter end (March 31, 2026), BDX has gained -7.0% vs +4.9% for XLV. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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