The mixed cluster lacks a clear directional thesis. With no insider buying and a 45-day reporting lag, traders should treat this as noise. Monitor for any catalyst (earnings, capital deployment) that could align institutional conviction.
Executive Summary
Institutional cluster for BAM shows mixed activity in Q2 2026: 5 buyers (net +$29.9M) led by Russell Investments (DOUBLED, +$14.2M) and Sumitomo Mitsui DS (NEW, +$10.5M), while 5 sellers trimmed $7.7M, including Citigroup (-$2.0M) and Swiss Life (-$2.6M). The net buying of ~$22M is negligible relative to BAM's $86B market cap, and the cluster lacks strong conviction from active hedge funds or insider corroboration.
Key Financial Metrics
Institutional Positions
Net institutional flow: $22.2M
▲ Buyers (5)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Russell Investments Group | DOUBLED | +274.2% | $19.3M | $14.2M |
| Sumitomo Mitsui Ds Asset Management Company | NEW | — | $10.5M | $10.5M |
| Alberta Investment Management | DOUBLED | +113.9% | $9.7M | $5.2M |
▼ Sellers (5)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| Strs Ohio | TRIM | -38.1% | $7.0M | -$2.6M |
| Swiss Life Asset Management | TRIM | -67.2% | $3.9M | -$2.6M |
| Citigroup | TRIM | -28.1% | $7.5M | -$2.0M |
Key Facts
- 5 institutional buyers added $29.9M net; 5 sellers reduced by $7.7M net.
- Largest buyer: Russell Investments doubled its stake (+274.2%) to $19.3M.
- Sumitomo Mitsui DS initiated a new $10.5M position.
- Alberta Investment Management doubled its holding to $9.7M.
- Notable sellers: Strs Ohio trimmed 38.1% (-$2.6M), Swiss Life trimmed 67.2% (-$2.6M), Citigroup trimmed 28.1% (-$2.0M).
- All participants are asset managers; no activist or hedge fund names.
- Confluence score 29/100 — no open-market insider buying in the window.
Financial Impact
Net institutional buying of ~$22.2M (buyers added $29.9M, sellers removed $7.7M) — immaterial relative to $86B market cap.
Risk Factors
- 13F data is 45+ days stale; positions may have been unwound.
- Small dollar amounts relative to market cap limit signal strength.
- Historical BAM reports have a 25% win rate at T+20, suggesting limited predictive value.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-BAM-2026-Q2 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 16d ago | Press Release | $45.18 $45.26 | ▲ +0.18% | ▼ −2.39% | — |
Sep 14, 2026 18d ago | 8-K | $46.63 $46.22 | ▼ −0.88% | ▼ −0.99% | — |
Aug 14, 2026 6w ago | 8-K | $52.57 $52.31 | ▼ −0.49% | ▲ +0.70% | — |
Aug 9, 2026 7w ago | Institutional Cluster | $52.84 $52.57 | ▼ −0.51% | ▼ −0.46% | — |
Aug 5, 2026 8w ago | Press Release | $52.63 $54.50 | ▲ +3.55% | ▲ +3.20% | — |
Aug 3, 2026 8w ago | 8-K | $50.69 $52.84 | ▲ +4.24% | ▲ +2.21% | — |
Jul 27, 2026 9w ago | 8-K | $47.56 $48.40 | ▲ +1.77% | ▲ +0.69% | — |
Jul 22, 2026 10w ago | Press Release | $45.71 $47.96 | ▲ +4.92% | ▲ +4.45% | — |
Jul 6, 2026 12w ago | 8-K | $46.57 $47.52 | ▲ +2.04% | ▲ +1.49% | — |
Jul 6, 2026 12w ago | Press Release | $47.00 $46.72 | ▲ +0.60% | ▲ +1.08% | — |
US Market Status
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