BCE Ownership | Who Owns BCE?


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BCE Ownership Summary


BCE is owned by 48.10% institutional investors, 0.03% insiders, and 51.87% retail investors. Royal bank of canada is the largest institutional shareholder, holding 6.87% of BCE shares. Fidelity Canadian Large Cap Sr B is the top mutual fund, with 1.94% of its assets in BCE shares.

BCE Ownership Benchmark


TypeName% Inst% Insiders% Retail
StockBCE48.10%0.03%51.87%
SectorCommunication Services Stocks 43.30%18.05%38.65%
IndustryTelecom Stocks 44.54%15.20%40.27%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Royal bank of canada64.05M6.87%$1.38B
Bank of montreal /can/39.62M4.25%$852.54M
Fil38.66M4.15%$832.73M
Caisse de depot et placement du quebec34.11M3.66%$734.43M
National bank of canada /fi/23.17M2.48%$498.74M
Cibc world market21.56M2.31%$464.08M
Bank of nova scotia17.95M1.93%$386.72M
Vanguard group18.02M1.92%$429.83M
Morgan stanley11.36M1.22%$244.27M
Federation des caisses desjardins du quebec10.76M1.15%$231.29M

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Lincluden management1.45M4.34%$44.17M
Murchinson690.00K3.42%$22.34M
Letko, brosseau & associates7.63M2.43%$164.21M
Nicola wealth management729.00K1.81%$15.70M
Intact investment management2.14M1.31%$46.12M
Guardian capital advisors lp367.03K1.24%$11.61M
Ninepoint partners lp675.16K1.11%$14.52M
Cullen capital management4.98M1.05%$107.02M
Caisse de depot et placement du quebec34.11M1.05%$734.43M
Hillsdale investment management2.01M0.98%$43.20M

Top Buyers

HolderShares% AssetsChange
Viking global investors lp8.38M0.51%8.38M
Morgan stanley11.36M0.01%5.34M
Royal bank of canada64.05M0.21%4.81M
Goldman sachs group6.56M0.01%4.51M
Norges bank4.16M0.01%4.16M

Top Sellers

HolderShares% AssetsChange
Canerector---8.13M
Federation des caisses desjardins du quebec10.76M0.71%-5.86M
Jupiter asset management---3.33M
Quadrature capital---3.26M
Two sigma investments, lp5.22M0.08%-3.20M

New Positions

HolderShares% AssetsChangeValue
Viking global investors lp8.38M0.51%8.38M$180.58M
Norges bank4.16M0.01%4.16M$89.61M
Sixth street partners management company2.73M0.01%2.73M$58.88M
Agf management1.71M0.20%1.71M$52.27M
Murchinson690.00K3.42%690.00K$22.34M

Sold Out

HolderChange
Rakuten securities-1.00
Perkins coie trust-3.00
Optiver b.v.-5.00
Northwest financial advisors-5.00
Creekmur asset management-7.00

Institutional Ownership Trends


DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
Jun 30, 2026412-5.07%448,559,6356.26%482.33%180-7.69%1318.26%
Mar 31, 2026427-3.17%421,854,2540.46%452.28%1965.95%116-27.04%
Dec 31, 2025163-62.70%50,868,798-87.32%50.29%53-73.63%65-40.91%
Sep 30, 2025175-57.00%73,495,786-80.73%70.46%80-53.49%37-72.99%
Jun 30, 2025413-3.05%391,631,319-0.68%422.32%176-2.22%136-4.90%

Top Mutual Funds Shareholders


HolderShares% HoldingChange
Fidelity Canadian Large Cap Sr B18.13M1.94%-810.00K
Fidelity Canadian Large Cp Mlt Ast Bs O10.62M1.14%150.00K
Global X Equal Weight Cndn Telecms ETF8.41M0.90%1.06M
RBC Canadian Dividend Fund A6.98M0.75%480.00K
iShares Core S&P/TSX Capped Compost ETF5.88M0.63%2.08K
iShares Core S&P/TSX Cap Composite ETF5.88M0.63%2.08K
iShares S&P/TSX 60 ETF5.58M0.60%10.90K
Fidelity Concntr Val Priv Pool Sr F5.21M0.56%-182.65K
Vanguard Total Intl Stock Index Inv4.58M0.49%16.01K
Fidelity Global Equity+ Fund - F84.30M0.46%-1.73K

BCE Ownership FAQ


Who Owns BCE?

BCE shareholders are primarily institutional investors at 48.10%, followed by 0.03% insiders and 51.87% retail investors. The average institutional ownership in BCE's industry, Telecom Stocks , is 44.54%, which BCE exceeds.

Who owns the most shares of BCE?

BCE’s largest shareholders are Royal bank of canada (64.05M shares, 6.87%), Bank of montreal /can/ (39.62M shares, 4.25%), and Fil (38.66M shares, 4.15%). Together, they hold 15.26% of BCE’s total shares outstanding.

Does Blackrock own BCE?

BlackRock is not among the top 10 institutional shareholders of BCE.

Who is BCE’s biggest shareholder by percentage of total assets invested?

Lincluden management is BCE’s biggest shareholder by percentage of total assets invested, with 4.34% of its assets in 1.45M BCE shares, valued at 44.17M$.

Who is the top mutual fund holder of BCE shares?

Fidelity Canadian Large Cap Sr B is the top mutual fund holder of BCE shares, with 1.94% of its total shares outstanding invested in 18.13M BCE shares.

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