13FPulse
中
BF

BFS SAUL CENTERS INC

2026Q2 · CUSIP 804395101 · Sector: REITs

Normal

Fund flows are within the usual range

Funds that own it
192
Institutions that reported holding it to the SEC
Net increase in holders
+11
Last quarter 181 → now 192
How unusual is that
Above average
Stronger buying than 71% of US stocks
What the filings say, in one paragraph

192 funds held BFS at the end of 2026Q2, up 11 from the quarter before. Fund flows are within the usual range — nothing unusual. On the business itself, revenue over the last 12 months was $302M(YoY +8.7%), the P/E is 33.6x, return on equity is 11.8%. BFS has had 3 buying rushes in its history, and the price moved +0.1% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the REITs sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=114 2013Q4: holders=125 2014Q1: holders=127 2014Q2: holders=130 2014Q3: holders=135 2014Q4: holders=129 2015Q1: holders=122 2015Q2: holders=123 2015Q3: holders=126 2015Q4: holders=127 2016Q1: holders=123 2016Q2: holders=128 2016Q3: holders=127 2016Q4: holders=121 2017Q1: holders=116 2017Q2: holders=118 2017Q3: holders=113 2017Q4: holders=113 2018Q1: holders=116 2018Q2: holders=119 2018Q3: holders=121 2018Q4: holders=122 2019Q1: holders=139 2019Q2: holders=137 2019Q3: holders=146 2019Q4: holders=146 2020Q1: holders=126 2020Q2: holders=124 2020Q3: holders=113 2020Q4: holders=120 2021Q1: holders=119 2021Q2: holders=119 2021Q3: holders=125 2021Q4: holders=134 2022Q1: holders=130 2022Q2: holders=125 2022Q3: holders=128 2022Q4: holders=128 2023Q1: holders=126 2023Q2: holders=117 2023Q3: holders=133 2023Q4: holders=131 2024Q1: holders=138 2024Q2: holders=161 2024Q3: holders=165 2024Q4: holders=161 2025Q1: holders=170 2025Q2: holders=170 2025Q3: holders=158 2025Q4: holders=177 2026Q1: holders=181 2026Q2: holders=192 -23 -11.5 +0 +11.5 +23 101152202 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 3 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2024Q2 Top 20% +2.9% -4.7%
2023Q3 Top 20% +3.1% +7.3%
2019Q1 Top 20% -4.7% -2.1%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
104
Change in large funds
+6
Total value they hold
$439M
Funds buying for the first time
32
Funds that sold out entirely
21
Price change that quarter
-1.1%
Funds holding puts (bearish)
0
Funds holding calls (bullish)
0

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
33.6
EPS (TTM)
$0.97
EPS YoY
-26.5%
Revenue (TTM)
$0.3B
Revenue YoY
+8.7%
Net margin
11.5%
ROE
11.8%
Debt ratio
78.3%
FCF (TTM)
—
Dividend (TTM)
$2.36
Quarterly Revenue & EPS
2021-09-30: EPS 0.44 2021-12-31: EPS 0.39 2022-03-31: EPS 0.44 2022-06-30: EPS 0.43 2022-09-30: EPS 0.38 2022-12-31: EPS 0.38 2023-03-31: EPS 0.45 2023-06-30: EPS 0.43 2023-09-30: EPS 0.42 2023-12-31: EPS 0.43 2024-03-31: EPS 0.45 2024-06-30: EPS 0.48 2024-09-30: EPS 0.48 2024-12-31: EPS 0.22 2025-03-31: EPS 0.29 2025-06-30: EPS 0.33 2025-09-30: EPS 0.32 2025-12-31: EPS 0.15 2026-03-31: EPS 0.26 2026-06-30: EPS 0.24 0M 39M 78M $M 0.00 0.26 0.53 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 20 15 27 38 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-56M-16M23M 20162017201820192020202120222023202420252026
Latest quarter $-28M (2024-09-30)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.