| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| BlackRock, Inc. | 4.7% | -20% | $17,848,666 | -$4,465,736 | 14,165,608 | -20% | BlackRock, Inc. | 31 Mar 2025 |
As of 31 Dec 2025, 130 institutional investors reported holding 86,641,594 shares of Ballard Power Systems Inc. - Common Stock (BLDP). This represents 29% of the company’s total 301,395,915 outstanding shares.
The largest institutional shareholders of Ballard Power Systems Inc. - Common Stock (BLDP) together control 26% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| MORGAN STANLEY | 4.2% | 12,793,799 | +129% | 0% | $32,496,249 |
| TWO SIGMA INVESTMENTS, LP | 2.2% | 6,769,185 | +7.7% | 0.03% | $17,193,730 |
| Legal & General Group Plc | 2.1% | 6,430,198 | -52% | 0% | $16,405,469 |
| TWO SIGMA ADVISERS, LP | 2.1% | 6,242,000 | +3.4% | 0.03% | $15,854,680 |
| Invesco Ltd. | 1.6% | 4,968,824 | +49% | 0% | $12,620,813 |
| D. E. Shaw & Co., Inc. | 1.6% | 4,953,075 | +493% | 0.01% | $12,592,072 |
| STATE STREET CORP | 1.6% | 4,923,220 | -13% | 0% | $12,504,979 |
| BNP PARIBAS FINANCIAL MARKETS | 1.3% | 3,993,972 | 0% | 0.01% | $10,144,689 |
| CITADEL ADVISORS LLC | 1.2% | 3,598,614 | +216% | 0.01% | $9,140,480 |
| UBS Group AG | 0.94% | 2,825,009 | -18% | 0% | $7,175,522 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.92% | 2,762,046 | +63% | 0.01% | $7,015,597 |
| MILLENNIUM MANAGEMENT LLC | 0.8% | 2,414,800 | +17% | 0% | $6,142,279 |
| JANE STREET GROUP, LLC | 0.76% | 2,290,146 | +274% | 0.01% | $5,816,971 |
| VAN ECK ASSOCIATES CORP | 0.75% | 2,270,333 | -3.2% | 0% | $5,767,000 |
| CANADA LIFE ASSURANCE Co | 0.61% | 1,834,806 | -34% | 0.01% | $4,661,000 |
| GOLDMAN SACHS GROUP INC | 0.55% | 1,652,874 | -58% | 0% | $4,198,300 |
| DIMENSIONAL FUND ADVISORS LP | 0.51% | 1,547,865 | +70% | 0% | $3,931,577 |
| JPMORGAN CHASE & CO | 0.47% | 1,418,389 | +105% | 0% | $3,602,708 |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.4% | 1,202,472 | -17% | 0.01% | $3,070,333 |
| Qube Research & Technologies Ltd | 0.34% | 1,018,323 | 0% | $2,586,540 | |
| FIRST TRUST ADVISORS LP | 0.24% | 715,013 | +0.41% | 0% | $1,816,133 |
| GSA CAPITAL PARTNERS LLP | 0.24% | 709,304 | +109% | 0.16% | $1,802,000 |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.2% | 606,241 | -47% | 0% | $1,624,726 |
| Walleye Trading LLC | 0.18% | 553,779 | +6.3% | 0.02% | $1,406,599 |
| Swiss National Bank | 0.17% | 506,100 | 0% | $1,293,192 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 86,641,594 | $220,513,631 | +$23,277,821 | $2.54 | 130 |
| 2025 Q3 | 75,085,486 | $204,309,941 | +$485,836 | $2.72 | 137 |
| 2025 Q2 | 74,174,074 | $118,018,005 | +$29,450,330 | $1.59 | 128 |
| 2025 Q1 | 56,688,178 | $62,405,575 | -$13,532,374 | $1.10 | 143 |
| 2024 Q4 | 62,802,795 | $104,549,307 | +$5,452,869 | $1.66 | 147 |
| 2024 Q3 | 59,904,078 | $107,345,230 | -$24,551,910 | $1.80 | 141 |
| 2024 Q2 | 72,407,365 | $163,266,074 | +$13,508,277 | $2.25 | 168 |
| 2024 Q1 | 62,979,153 | $175,177,948 | -$7,544,651 | $2.78 | 160 |
| 2023 Q4 | 64,999,985 | $240,674,251 | -$25,013,953 | $3.70 | 179 |
| 2023 Q3 | 71,962,118 | $264,913,547 | -$7,644,693 | $3.67 | 170 |
| 2023 Q2 | 73,575,681 | $322,016,611 | -$12,438,339 | $4.36 | 191 |
| 2023 Q1 | 75,611,230 | $419,242,921 | -$40,617,017 | $5.57 | 182 |
| 2022 Q4 | 81,662,023 | $390,744,483 | -$25,474,793 | $4.79 | 178 |
| 2022 Q3 | 86,980,989 | $533,511,211 | +$26,143,298 | $6.12 | 172 |
| 2022 Q2 | 79,484,687 | $501,850,122 | -$32,601,917 | $6.30 | 192 |
| 2022 Q1 | 83,609,335 | $977,652,186 | -$64,716,230 | $11.64 | 216 |
| 2021 Q4 | 88,695,646 | $1,116,369,878 | +$59,240,146 | $12.56 | 227 |
| 2021 Q3 | 83,177,765 | $1,167,522,588 | +$137,406,886 | $14.05 | 219 |
| 2021 Q2 | 72,826,347 | $1,317,148,916 | -$221,348,058 | $18.12 | 230 |
| 2021 Q1 | 83,200,056 | $2,023,081,876 | +$149,692,606 | $24.34 | 239 |
| 2020 Q4 | 77,181,799 | $1,805,396,101 | +$499,705,770 | $23.40 | 217 |
| 2020 Q3 | 53,360,464 | $807,648,599 | +$504,352,994 | $15.10 | 160 |
| 2020 Q2 | 19,167,661 | $295,044,974 | +$66,780,093 | $15.40 | 136 |
| 2020 Q1 | 15,673,667 | $118,999,197 | +$38,207,900 | $7.60 | 110 |
| 2019 Q4 | 10,667,211 | $76,428,603 | +$1,490,360 | $7.18 | 88 |
| 2019 Q3 | 10,428,984 | $51,050,760 | +$16,089,557 | $4.89 | 87 |
| 2019 Q2 | 7,188,555 | $29,265,027 | +$4,078,682 | $4.08 | 73 |
| 2019 Q1 | 6,222,936 | $18,752,331 | +$2,944,055 | $3.01 | 67 |
| 2018 Q4 | 5,255,570 | $12,610,763 | -$3,549,406 | $2.39 | 67 |
| 2018 Q3 | 5,474,428 | $23,480,266 | -$2,914,110 | $4.29 | 73 |
| 2018 Q2 | 6,742,862 | $19,248,053 | -$1,777,590 | $2.85 | 64 |
| 2018 Q1 | 7,320,875 | $25,997,959 | -$2,001,671 | $3.55 | 75 |
| 2017 Q4 | 7,475,845 | $32,981,187 | +$2,894,296 | $4.41 | 77 |
| 2017 Q3 | 5,508,858 | $25,780,595 | +$3,442,179 | $4.68 | 62 |
| 2017 Q2 | 4,957,740 | $14,352,958 | +$1,644,433 | $2.90 | 52 |
| 2017 Q1 | 4,447,036 | $9,856,169 | -$98,376 | $2.22 | 50 |
| 2016 Q4 | 6,494,881 | $10,738,584 | -$3,479,379 | $1.65 | 43 |
| 2016 Q3 | 8,477,766 | $18,703,759 | +$4,406,472 | $2.21 | 48 |
| 2016 Q2 | 6,970,555 | $8,693,500 | -$1,947,920 | $1.25 | 42 |
| 2016 Q1 | 8,451,513 | $11,826,160 | -$1,346,895 | $1.40 | 44 |
| 2015 Q4 | 9,407,335 | $14,648,000 | +$4,256,130 | $1.56 | 48 |
| 2015 Q3 | 7,026,500 | $8,433,000 | -$2,735,035 | $1.20 | 52 |
| 2015 Q2 | 9,367,900 | $19,470,524 | +$1,918,651 | $2.08 | 48 |
| 2015 Q1 | 8,427,106 | $17,660,560 | -$6,755,833 | $2.09 | 47 |
| 2014 Q4 | 11,767,368 | $23,421,517 | +$1,348,226 | $1.98 | 51 |
| 2014 Q3 | 6,904,235 | $22,272,982 | +$557,171 | $3.23 | 52 |
| 2014 Q2 | 6,442,346 | $27,338,655 | -$8,203,327 | $4.12 | 59 |
| 2014 Q1 | 8,502,138 | $37,389,920 | +$16,872,491 | $4.40 | 59 |