BENFW · Beneficient · Holdings

$0.01 +0.00 (+7.87%) At close · Oct 21

Market Cap

$14.25M

15.46M

Volume · Oct 21 201 Avg daily vol (3M) 313.24K

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP → See every holder of BENFW: 13F, 13D and 13G, insiders and funds →

Institutional holdings are being reconciled with SEC filings. Holder totals and changes may be incomplete until reconciliation finishes.

Quarter:

Holders: 20

Total Value: $0

Total Shares: 4,845,045

Institutional Ownership Trend

13 quarters

Who Holds BENFW

Last 8 quarters through Jun 30, 2026

Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.

Jun 30, 2026: 19 filers, like-for-like change +0.3%; actively managed books +0.4%; index-like books 0.0%.

Holder type	Share	Filers	Change	New	Exited
Registered adviser	37.8%	11	-1.8%	0	1
Exempt adviser	10.2%	1	0.0%	0	0
Bank	9.7%	2	+26.6%	1	0
Holding company	7.9%	1	0.0%	0	0
Broker-dealer	0.0%	0	—	0	0
Unknown	34.4%	4	-2.9%	0	1

Style	Share	Filers	Change	New	Exited
Index-like	7.9%	1	0.0%	0	0
Systematic-like	13.2%	3	-2.8%	0	1
Concentrated	16.7%	2	0.0%	0	0
Diversified active	62.2%	13	+1.2%	1	1
Not measured	0.0%	0	—	0	0
Unknown	0.0%	0	—	0	0

Turnover	Share	Filers	Change	New	Exited
Low turnover	13.1%	4	0.0%	0	0
Medium turnover	23.8%	7	+9.3%	1	0
High turnover	47.4%	7	-3.4%	0	2
Unknown	15.7%	1	0.0%	0	0
Not measured	0.0%	0	—	0	0

Holding horizon	Share	Filers	Change	New	Exited
Short horizon	26.3%	3	0.0%	0	0
Medium horizon	25.9%	2	0.0%	0	0
Long horizon	24.6%	9	+0.2%	1	2
Unknown	23.2%	5	+1.3%	0	0
Not measured	0.0%	0	—	0	0

13F book size	Share	Filers	Change	New	Exited
Under $1B	5.4%	2	0.0%	0	0
$1B to $10B	50.7%	10	+0.6%	0	0
$10B to $100B	33.5%	4	0.0%	0	0
$100B or more	10.4%	3	+0.5%	1	2
Not measured	0.0%	0	—	0	0

Client base	Share	Filers	Change	New	Exited
Individuals and high net worth	1.3%	2	0.0%	0	0
Pooled investment vehicles	20.5%	6	-3.2%	0	1
Registered funds and BDCs	15.7%	2	0.0%	0	0
Corporations	0.3%	1	0.0%	0	0
Unknown	62.2%	8	+1.7%	1	1

Private funds	Share	Filers	Change	New	Exited
Hedge funds	32.3%	7	-2.1%	0	1
Private equity funds	1.0%	1	0.0%	0	0
Other private funds	3.9%	1	0.0%	0	0
Private funds, type not stated	10.2%	1	0.0%	0	0
No private funds	0.5%	2	0.0%	0	0
Unknown	52.0%	7	+2.0%	1	1

Location	Share	Filers	Change	New	Exited
United States	64.4%	15	-2.6%	0	2
Outside the US	35.6%	4	+6.1%	1	0

How the mix is measured

Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.

Conviction and Crowding

19 13F filers, quarter ended Jun 30, 2026

Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.

Conviction holders

0.000% of filers hold it in their top 10

Mar 31, 2026: 0

Holders above 5%

median weight —

Mar 31, 2026: 0

Crowding

—

shares outstanding is an issuer-wide count, not one listing's

Private-fund advisers

—

of shares outstanding

Institutional ownership

—

shares outstanding is an issuer-wide count, not one listing's

Top 10 holders

89.8%

of 13F shares, Herfindahl 0.099

Active holders

+0.4%

like-for-like share change of active filers

5% stakes on record

0 13D, 0 13G

Managers in the top fifth by current three-year FundScore alpha were net buyers of $0 (0 buying, 0 selling).

Shareholder Targets

13F filers that own its peers but not BENFW, quarter ended Jun 30, 2026

BENFW has no holder-overlap peers, so these filers hold the largest Financial Services stocks: JPM, V, BRK-B, MA, BAC, MS, GS, AXP, WFC, C, SCHW, RY, CB, BLK, PGR, COF, SPGI, TD, BNY, PNC. 6,552 filers in all.

#	Filer	In peers	Of book	Largest peers
1	FMR LLC Holding company, Diversified active	$118,595,204,944 20 held	5.26%	BRK-B, V, WFC
2	VANGUARD PORTFOLIO MANAGEMENT LLC Registered adviser, Diversified active	$115,648,086,418 19 held	5.20%	JPM, BRK-B, V
3	Berkshire Hathaway Inc Insurer, Concentrated	$91,098,036,862 4 held	30.4%	AXP, BAC, CB
4	JPMORGAN CHASE & CO Bank, Diversified active	$90,379,922,684 20 held	5.49%	MA, WFC, MS
5	NORGES BANK Non-US, Index-like	$78,828,529,437 20 held	7.83%	BRK-B, JPM, MA
6	MITSUBISHI UFJ FINANCIAL GROUP INC Bank, Unknown	$78,825,883,309 1 held	100.0%	MS
7	BANK OF AMERICA CORP /DE/ Bank, Diversified active	$76,619,588,872 20 held	5.90%	JPM, V, GS
8	PRICE T ROWE ASSOCIATES INC /MD/ Registered adviser, Diversified active	$67,550,854,459 19 held	6.82%	V, MA, JPM
9	ROYAL BANK OF CANADA Bank, Diversified active	$60,488,690,407 20 held	10.9%	RY, TD, JPM
10	Capital World Investors Adviser, Diversified active	$41,660,487,063 17 held	4.94%	V, BAC, JPM

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

New and Sold Out count only filers that reported a 13F for both quarters: a first-time filer's book is not a buy, and a fund that has not filed, or withheld its positions under confidential treatment, has not sold.

Holder count: -1

Institutional value: —

Shares held: +0.3%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds	Open
Mid TWO SIGMA SECURITIES, LLC	+14,115	124,191

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds	Open
Large TORONTO DOMINION BANK	−100	365,196
Large Clear Street Group Inc.	−100	747,899

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)	Open
Mega UBS Group AG	97,258	$0

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)	Open
Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP	62,521	$0
Mega CITADEL ADVISORS LLC	32,320	$0

Filter: New 1 Increased 1 Reduced 2 Sold out 2 Unchanged 16

Holder type: Registered adviser 12 Exempt adviser 1 Bank 2 Holding company 1 Unknown 4

Showing 20 of 20

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

LMR Partners LLP BENFW

—

487,500

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
LMR PARTNERS (DIFC) Ltd	487,500	$0	—	Sole

WOLVERINE ASSET MANAGEMENT LLC BENFW

—

22,235

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Wolverine Holdings, LLC	22,235	$0	—	Defined

Empyrean Capital Partners, LP BENFW

—

100,000

Ausdal Financial Partners, Inc. BENFW

—

10,000

Context Capital Management, LLC BENFW

—

210,024

TORONTO DOMINION BANK BENFW

—

365,196

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
TD SECURITIES (USA) LLC	365,196	$0	—	Defined

MMCAP International Inc. SPC BENFW

—

750,000

TRANSCEND CAPITAL ADVISORS, LLC BENFW

—

50,000

Calamos Advisors LLC BENFW

—

187,500

UBS Group AG BENFW

—

97,258

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Securities LLC	97,258	$0	—	Defined

TENOR CAPITAL MANAGEMENT Co., L.P. BENFW

—

300,000

RIVERNORTH CAPITAL MANAGEMENT, LLC BENFW

—

562,494

TWO SIGMA SECURITIES, LLC BENFW

—

124,191

Ancora Advisors LLC BENFW

—

15,273

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Ancora Alternatives LLC	15,273	$0	—	Sole

Hudson Bay Capital Management LP BENFW

—

300,000

Clear Street Group Inc. BENFW

—

747,899

D. E. Shaw & Co., Inc. BENFW

—

19,500

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
D. E. SHAW & CO, L.P.	19,500	$0	—	Defined

Cruiser Capital Advisors, LLC BENFW

—

48,750

MILLENNIUM MANAGEMENT LLC BENFW

—

67,500

GOLDMAN SACHS GROUP INC BENFW

—

379,725

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	379,725	$0	—	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	32,320	$0	—	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
G1 EXECUTION SERVICES, LLC	62,521	$0	—	Other

Key facts CIK 1775734 CUSIP 08178Q507 Visit website Investor relations