Becton, Dickinson and Company

BDX • NYSE

Becton, Dickinson and Company is a medical - instruments & supplies company in the healthcare sector on NYSE, led by Thomas E. Polen, with a market cap of $55.3B. As of Q3 2025, 90% of shares are held by 1,435 institutional investors, with VANGUARD GROUP INC as the largest holder at 11.32%.

Chief Executive Officer and PresidentThomas E. Polen

Market Cap$55.3B

Medical - Instruments & Supplies

Healthcare

Employees73.0K

Websitebd.com

Country

United States of America

Overview

Overview of institutional ownership in BDX as of Q3 2025 with a market cap of $53.6B

All Institutions

Institutions: 1,435
Value Held: $48.1B
Shares Held: 257.7M
Avg Position: $33.5M
Median Position: $787.6K

Hedge Funds

Hedge Funds: 44
Value Held: $1.1B
Shares Held: 5.8M
Avg Position: $24.5M
Median Position: $3.1M

Ownership Breakdown

Institutional (non-HF)

87.65%

$47.0B

Hedge Funds

2.01%

$1.1B

Retail & Other

10.34%

$5.5B

Based on market cap of $53.6B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in BDX as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$6.1B 0.09% of portfolio	11.32% 32.5M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$5.2B 0.09% of portfolio	9.68% 27.8M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
T T. Rowe Price Investment Management, Inc. Insurance Manager	John Edward Robison President	$3.0B 1.88% of portfolio	5.66% 16.2M shares	Q3 2022 Held for 3y 2m	$161.58B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$2.6B 0.09% of portfolio	4.84% 13.9M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
F First Eagle Investment Management, LLC Long Only Manager	David Lynn Summers Managing Partner	$1.9B 3.41% of portfolio	3.49% 10.0M shares	Q4 2020 Held for 4y 11m	$54.9B
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	Edward Murray Maloney CEO	$1.7B 0.53% of portfolio	3.19% 9.2M shares	Q1 2019 Held for 6y 8m	$322.72B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$1.3B 0.08% of portfolio	2.38% 6.8M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
FRANKLIN RESOURCES INC Institution	Gregory E. Johnson CEO	$1.3B 0.32% of portfolio	2.35% 6.7M shares	≤ Q2 2013 Held for 12y 5m+	$395.56B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$989.7M 0.06% of portfolio	1.84% 5.3M shares	≤ Q2 2013 Held for 12y 5m+	$1.56T
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Edmund Wellington Iii President	$979.3M 0.17% of portfolio	1.83% 5.2M shares	≤ Q2 2013 Held for 12y 5m+	$571.21B

Net Capital Flow

Institutional buying and selling activity for BDX in Q3 2025

Net Flow: +$284.9M
Buyers: 611
Sellers: 691
Total Bought: +$4.8B
Total Sold: −$4.5B
Avg Position: $31.9M

Biggest Buyers

Institution	Net Bought	Current Position
WELLINGTON MANAGEMENT CO LLP Long Only Manager	+$968.6M +5.2M shares	$979.3M 5.2M shares
FRANKLIN RESOURCES INC Institution	+$758.3M +4.1M shares	$1.3B 6.7M shares
M MANUFACTURERES LIFE INSURANCE CO Institution	+$422.7M +2.3M shares	$482.5M 2.6M shares
F First Eagle Investment Management, LLC Long Only Manager	+$226.1M +1.2M shares	$1.9B 10.0M shares
GOLDMAN SACHS GROUP INC Institution	+$188.6M +1.0M shares	$345.1M 1.8M shares
Veritas Asset Management LLP Long Only Manager	+$159.6M +852.9K shares	$553.1M 3.0M shares
JPMORGAN CHASE & CO Institution	+$139.2M +743.7K shares	$989.7M 5.3M shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	+$119.1M +636.1K shares	$1.7B 9.2M shares
Mawer Investment Management Ltd. Long Only Manager	+$116.8M +623.8K shares	$199.5M 1.1M shares
Clearbridge Investments, LLC Long Only Manager	+$110.1M +588.1K shares	$824.9M 4.4M shares

Biggest Sellers

Institution	Net Sold	Current Position
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	−$797.6M −4.3M shares	$865.2M 4.6M shares
Starboard Value LP Hedge Fund•Activist	−$264.2M −1.4M shares	$226.1M 1.2M shares
D D. E. Shaw & Co., Inc. Institution	−$202.9M −1.1M shares	$30.7M 164.0K shares
A Amundi Institution	−$183.2M −954.5K shares	$353.0M 1.8M shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	−$174.5M −932.2K shares	$6.5M 35.0K shares
Kingstone Capital Partners Texas, LLC RIA/Wealth	−$155.1M −900.3K shares	Sold Off 0 shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$146.3M −781.7K shares	$67.1M 358.6K shares
G GENERATION INVESTMENT MANAGEMENT LLP Institution	−$145.0M −774.6K shares	$371.5M 2.0M shares
MORGAN STANLEY RIA/Wealth	−$98.2M −524.9K shares	$648.9M 3.5M shares
B BNP PARIBAS ARBITRAGE, SA Institution	−$96.8M −517.1K shares	$57.2M 305.6K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited BDX in Q3 2025

New Positions: 45
New Value: $201.0M
Exited Positions: 157
Exited Value: $967.2M

New Positions

Institution	Position Value
F First Pacific Advisors, LLC Long Only Manager	$175.2M 936.3K shares
S Soapstone Management L.P. Hedge Fund•Long/Short	$4.4M 23.5K shares
Jain Global LLC Hedge Fund•Multi-Strategy	$3.3M 17.7K shares
R Rodgers Brothers Inc. RIA/Wealth	$2.6M 13.7K shares
Berkeley Capital Partners, LLC RIA/Wealth	$1.6M 8.5K shares
SYKON CAPITAL LLC RIA/Wealth	$1.2M 6.6K shares
Blackstone Group L.P. Institution	$1.2M 6.5K shares
Chemistry Wealth Management LLC RIA/Wealth	$1.2M 6.3K shares
A ABC ARBITRAGE SA Institution	$1.2M 6.2K shares
WASHINGTON CAPITAL MANAGEMENT INC Real Assets	$981.7K 5.2K shares

Exited Positions

Institution	Previous Position
Kingstone Capital Partners Texas, LLC RIA/Wealth	$155.1M 900.3K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$93.7M 544.2K shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	$79.0M 458.7K shares
T TOMS Capital Investment Management LP Hedge Fund•Long/Short	$69.9M 406.0K shares
D D1 Capital Partners L.P. Hedge Fund•Long/Short	$57.8M 335.3K shares
A AXA Institution	$51.7M 300.0K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	$46.7M 271.4K shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	$46.7M 271.2K shares
Q Qube Research & Technologies Ltd Institution	$39.7M 230.5K shares
Ceredex Value Advisors LLC Long Only Manager	$34.3M 199.3K shares

Options Activity

Institutions with the largest Call and Put options positions in BDX as of Q3 2025

Call Positions: 27
Call Value: $200.0M
Put Positions: 22
Put Value: $103.2M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$51.8M 2.8K contracts
FRANKLIN RESOURCES INC Institution	$38.6M 2.1K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$20.5M 1.1K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$18.2M 972.0 contracts
J JANE STREET GROUP, LLC Institution	$12.0M 640.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$10.7M 571.0 contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$9.0M 479.0 contracts
C Cubist Systematic Strategies, LLC Institution	$7.4M 393.0 contracts
W WOLVERINE TRADING, LLC Institution	$7.2M 392.0 contracts
V Volterra Technologies LP Hedge Fund•Quant	$5.5M 293.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$36.1M 1.9K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$22.0M 1.2K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$8.3M 446.0 contracts
C Cubist Systematic Strategies, LLC Institution	$7.7M 411.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$6.9M 368.0 contracts
W WOLVERINE TRADING, LLC Institution	$4.6M 245.0 contracts
Q Qube Research & Technologies Ltd Institution	$4.3M 231.0 contracts
J JANE STREET GROUP, LLC Institution	$3.6M 191.0 contracts
C CSS LLC/IL Institution	$1.9M 99.0 contracts
Walleye Trading LLC RIA/Wealth	$1.6M 83.0 contracts

Most Committed Institutions

Institutions with BDX as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
S Southpoint Capital Advisors LP Hedge Fund•Long/Short	Anthony Joseph Buffalano CFO	7.06% $262.0M	0.49% 1.4M shares	Q1 2025 Held for 8 months	$3.7B
Pacific Capital Partners Ltd RIA/Wealth	Chad T Willardson President	6.10% $5.5M	0.01% 29.3K shares	Q2 2025 Held for 5 months	$89.8M
Veritas Asset Management LLP Long Only Manager	Antony Paul Burgess Managing Partner	5.91% $553.1M	1.03% 3.0M shares	Q1 2020 Held for 5y 8m	$9.4B
S SECTOR GAMMA AS Institution	-	5.05% $20.4M	0.04% 108.8K shares	Q3 2024 Held for 1y 2m	$403.3M
Longview Partners LTD Long Only Manager	Elizabeth Mary Kate Campbell Managing Partner	4.44% $425.2M	0.79% 2.3M shares	Q1 2021 Held for 4y 8m	$9.6B
Starboard Value LP Hedge Fund•Activist	Jeffrey Chad Smith CEO	4.25% $226.1M	0.42% 1.2M shares	Q1 2025 Held for 8 months	$5.3B
HAHN CAPITAL MANAGEMENT LLC Long Only Manager	John David Schaeffer President	4.23% $8.8M	0.02% 47.1K shares	Q1 2015 Held for 10y 8m	$208.7M
C Coleford Investment Management Ltd. Institution	-	4.02% $16.7M	0.03% 89.3K shares	Q4 2024 Held for 11 months	$416.4M
CLIFFORD CAPITAL PARTNERS LLC Long Only Manager	Roger Allen Hill CEO	3.99% $23.1M	0.04% 123.3K shares	Q2 2025 Held for 5 months	$578.6M
F First Eagle Investment Management, LLC Long Only Manager	David Lynn Summers Managing Partner	3.41% $1.9B	3.49% 10.0M shares	Q4 2020 Held for 4y 11m	$54.9B