ArticleInvestment Management

Largest Institutional Investors by 13F Holdings (2026)

The institutional investment managers with the most US-listed equity holdings, ranked by the value they report to the SEC on Form 13F each quarter.

Finantrix Editorial Team 7 min readOctober 23, 2026

Key Takeaways

  • BlackRock reports the largest 13F holdings, $6.73 trillion for June 30, 2026, followed by Vanguard Capital Management and State Street.
  • According to SEC data, 8,751 managers filed 13F holdings reports for the quarter, reporting $79.29 trillion in all; the largest ten filers report 35.0% of it.
  • According to SEC data, 14 filers report more than $1 trillion, and the median filer reports $378 million.
  • 13F covers US-listed equities and a few related securities, not bonds, private assets or cash, so it is not total assets under management.

BlackRock reports more holdings of US-listed securities than any other institutional manager, $6.73 trillion on its Form 13F for the quarter ended June 30, 2026. Vanguard Capital Management and State Street follow. According to SEC data, 8,751 managers filed 13F holdings reports for the quarter, and the largest ten report 35.0% of the $79.29 trillion they report in all.

Every figure is the one the manager reported to the SEC on Form 13F, from the SEC's 13F data sets for filings made June 1, 2026 to August 31, 2026.

Bar chart of the 15 largest 13F filers by reported holdings, quarter ended June 30, 2026, led by BlackRock at $6.73 trillion

The 50 largest 13F filers

Managers are ranked by the total value of the 13(f) securities they report for the quarter. The number of holdings each reports is shown beside the total; every link opens the manager's filings at the SEC.

Rank Filer Location 13F holdings Holdings reported Source
1 BlackRock, Inc. New York, NY $6.73 trillion 49,968 SEC
2 Vanguard Capital Management LLC Malvern, PA $4.68 trillion 4,092 SEC
3 State Street Corp. Boston, MA $3.37 trillion 4,177 SEC
4 FMR LLC Boston, MA $2.30 trillion 13,978 SEC
5 Vanguard Portfolio Management LLC Malvern, PA $2.22 trillion 3,141 SEC
6 Morgan Stanley New York, NY $1.89 trillion 45,905 SEC
7 Geode Capital Management, LLC Boston, MA $1.88 trillion 8,470 SEC
8 JPMorgan Chase & Co. New York, NY $1.81 trillion 34,064 SEC
9 Bank of America Corp. Charlotte, NC $1.55 trillion 18,318 SEC
10 Susquehanna International Group, LLP Bala Cynwyd, PA $1.28 trillion 15,205 SEC
11 Invesco Ltd. Atlanta, GA $1.26 trillion 23,395 SEC
12 Jane Street Group, LLC New York, NY $1.21 trillion 14,718 SEC
13 Goldman Sachs Group Inc. New York, NY $1.15 trillion 14,070 SEC
14 Norges Bank Oslo, Norway $1.00 trillion 1,617 SEC
15 Citadel Advisors LLC Miami, FL $875 billion 16,127 SEC
16 Northern Trust Corp. Chicago, IL $860 billion 19,568 SEC
17 Capital World Investors Los Angeles, CA $846 billion 637 SEC
18 UBS Group AG Zurich, Switzerland $786 billion 23,043 SEC
19 Charles Schwab Investment Management Inc. San Francisco, CA $751 billion 4,441 SEC
20 Capital Research Global Investors Los Angeles, CA $717 billion 426 SEC
21 Royal Bank of Canada Toronto, Canada $672 billion 28,169 SEC
22 Wells Fargo & Company San Francisco, CA $617 billion 18,984 SEC
23 Bank of New York Mellon Corp. New York, NY $609 billion 33,799 SEC
24 Wellington Management Group LLP Boston, MA $580 billion 7,448 SEC
25 Dimensional Fund Advisors LP Austin, TX $552 billion 13,716 SEC
26 UBS AM, A Distinct Business Unit of UBS Asset Management Americas LLC New York, NY $550 billion 19,065 SEC
27 Barclays plc London, United Kingdom $521 billion 11,383 SEC
28 Ameriprise Financial Inc. Minneapolis, MN $495 billion 11,508 SEC
29 Capital International Investors Los Angeles, CA $484 billion 446 SEC
30 Legal & General Group plc London, United Kingdom $480 billion 8,169 SEC
31 Franklin Resources Inc. San Mateo, CA $462 billion 14,877 SEC
32 Vanguard Fiduciary Trust Co. Malvern, PA $454 billion 4,076 SEC
33 LPL Financial LLC Fort Mill, SC $445 billion 6,201 SEC
34 Envestnet Asset Management Inc. Berwyn, PA $424 billion 4,822 SEC
35 Nuveen, LLC Charlotte, NC $419 billion 10,263 SEC
36 IMC-Chicago, LLC Chicago, IL $419 billion 6,776 SEC
37 Amundi Paris, France $413 billion 5,522 SEC
38 Optiver Holding B.V. Amsterdam, Netherlands $371 billion 2,950 SEC
39 Raymond James Financial Inc. St. Petersburg, FL $369 billion 13,837 SEC
40 Deutsche Bank AG Frankfurt Am Main, Germany $344 billion 14,348 SEC
41 Fisher Asset Management, LLC Plano, TX $336 billion 1,037 SEC
42 CTC LLC Chicago, IL $316 billion 128 SEC
43 Massachusetts Financial Services Co. Boston, MA $315 billion 4,175 SEC
44 Bank of Montreal Toronto, Canada $304 billion 14,271 SEC
45 Citigroup Inc. New York, NY $303 billion 11,343 SEC
46 AllianceBernstein L.P. Nashville, TN $302 billion 3,339 SEC
47 Berkshire Hathaway Inc. Omaha, NE $299 billion 89 SEC
48 BNP Paribas Financial Markets Paris, France $289 billion 18,130 SEC
49 AQR Capital Management LLC Greenwich, CT $287 billion 21,077 SEC
50 Millennium Management LLC New York, NY $276 billion 5,798 SEC

Download this table (CSV), free. The full dataset, every manager that filed for the quarter with its total, holdings count and filing date, is one email away.

How concentrated institutional holdings are

  • The largest ten filers report 35.0% of all 13F holdings filed with the SEC for the quarter; the 50 in the table report 62.9%, and the smallest of them reports $276 billion.
  • 14 filers report more than $1 trillion to the SEC on Form 13F.
  • The median filer reports $378 million to the SEC. A manager must file once it has investment discretion over $100 million in 13(f) securities.

What this means for technology buyers

A manager that reports holdings at this scale runs them through an order management system, a book of record and an analytics layer. These guides compare the options:

Mapping the business before choosing systems? The Asset Management Capability Model sets out what an investment manager does, and the Asset Management Value Streams show how that work runs end to end.

More from Finantrix Atlas

How this list was built

The universe is every institutional investment manager that filed a Form 13F holdings report for the quarter ended June 30, 2026, from the SEC's 13F data sets. Any manager with investment discretion over $100 million or more in 13(f) securities must file, so the list covers every manager above that line. Where a manager filed more than once for the quarter, the latest report is used; an amendment that restates the report replaces it, and one that only adds holdings is set aside. Each manager's reported total was checked against the sum of its own line items, and every manager in the table passes.

Limits

  • Holdings, not assets under management. Form 13F covers US-listed equities and a few related securities, such as listed options and some convertible bonds. Bonds, private assets, cash and most non-US securities are left out, so a manager's 13F total can be far below what it manages.
  • Filers, not corporate groups. A firm that files through several entities appears once per filing entity, and one entity can report holdings on behalf of affiliates. The largest groups therefore appear more than once, or under a name that is not the brand most readers know.
  • Options count at the value of the shares behind them. A listed option is reported at the value of its underlying shares, so market makers and banks that trade options can report large totals.
  • Discretion, not ownership. A manager reports the securities it has discretion over, which are mostly its clients' assets, not its own.
  • One quarter. Totals are as of the last day of the quarter and move with the market.

Cite this

Free to quote, cite and republish, including the chart, with credit to Finantrix Atlas and a link to this page.

BlackRock reports $6.73 trillion in 13F holdings for the quarter ended June 30, 2026, the most of any institutional manager, according to a Finantrix Atlas analysis of SEC Form 13F data.

The ten largest institutional managers report 35.0% of all 13F holdings filed with the SEC, according to Finantrix Atlas.

Suggested citation: Finantrix Atlas, "Largest Institutional Investors by 13F Holdings," quarter ended June 30, 2026, from SEC Form 13F data. https://www.finantrix.com/articles/largest-asset-managers-13f

Embed the chart:

<a href="https://www.finantrix.com/articles/largest-asset-managers-13f"><img src="https://www.finantrix.com/atlas/largest-asset-managers-13f.png" alt="The largest institutional investors by 13F holdings, from Finantrix Atlas"></a>
<p>Chart: <a href="https://www.finantrix.com/articles/largest-asset-managers-13f">Finantrix Atlas</a>, from SEC Form 13F data.</p>

Frequently asked questions

Q: Which institutional investor has the largest 13F holdings? A: BlackRock, with $6.73 trillion reported to the SEC on Form 13F for the quarter ended June 30, 2026.

Q: Who has to file Form 13F? A: Any institutional investment manager with investment discretion over $100 million or more in 13(f) securities, mainly US-listed equities, files a holdings report with the SEC each quarter.

Q: Is a 13F total the same as assets under management? A: No. It covers only 13(f) securities, so bonds, private investments and cash are not in it.

Q: How many managers file Form 13F? A: According to SEC data, 8,751 managers filed 13F holdings reports for the quarter ended June 30, 2026.

Finantrix Atlas data

Download the data

The 50 rows on this page (CSV), free. The full dataset has all 8,751 rows, as of June 30, 2026; we email you a link.

Protected by reCAPTCHA. Free to use, cite and republish with credit to Finantrix Atlas.

Frequently Asked Questions

Which institutional investor has the largest 13F holdings?

BlackRock, with $6.73 trillion reported to the SEC on Form 13F for the quarter ended June 30, 2026.

Who has to file Form 13F?

Any institutional investment manager with investment discretion over $100 million or more in 13(f) securities, mainly US-listed equities, files a holdings report with the SEC each quarter.

Is a 13F total the same as assets under management?

No. It covers only 13(f) securities, so bonds, private investments and cash are not in it.

How many managers file Form 13F?

According to SEC data, 8,751 managers filed 13F holdings reports for the quarter ended June 30, 2026.

Asset Managers13FInstitutional InvestorsSECFinantrix Atlas
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