13FPulse
BW

BW BABCOCK & WILCOX ENTERPR

2026Q2 · CUSIP 05614L209 · Sector: Industrials

Piling in

Net holder growth ranks near the top of the market

Funds that own it
198
Institutions that reported holding it to the SEC
Net increase in holders
+46
Last quarter 152 → now 198
How unusual is that
Top 10%
Stronger buying than 94% of US stocks
What the filings say, in one paragraph

198 funds held BW at the end of 2026Q2, up 46 from the quarter before. That is stronger buying than 93.9% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $653M(YoY +15.6%). BW has had 10 buying rushes in its history, and the price moved +23.2% 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 Industrials sector.

How many funds owned it, quarter by quarter

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

2019Q3: holders=59 2019Q4: holders=56 2020Q1: holders=52 2020Q2: holders=53 2020Q3: holders=47 2020Q4: holders=57 2021Q1: holders=107 2021Q2: holders=111 2021Q3: holders=104 2021Q4: holders=110 2022Q1: holders=107 2022Q2: holders=115 2022Q3: holders=113 2022Q4: holders=112 2023Q1: holders=113 2023Q2: holders=126 2023Q3: holders=137 2023Q4: holders=104 2024Q1: holders=101 2024Q2: holders=116 2024Q3: holders=96 2024Q4: holders=112 2025Q1: holders=92 2025Q2: holders=73 2025Q3: holders=94 2025Q4: holders=129 2026Q1: holders=152 2026Q2: holders=198 -56 -28 +0 +28 +56 42125208 19Q320Q221Q121Q422Q323Q224Q124Q425Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 10 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 10%
2026Q1 Top 20%
2025Q4 Top 20% +105.2%
2025Q3 Top 20% +45.7% +199.1%
2024Q2 Top 20%
2023Q3 Top 20% -26.1% -20.3%
2023Q2 Top 20% -73.9% -72.5%
2022Q2 Top 20% -32.6% -13.3%
2021Q1 Top 5% -14.8% +23.1%
2019Q3 Top 1% in the market

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
117
Change in large funds
+41
Total value they hold
$1.8B
Funds buying for the first time
85
Funds that sold out entirely
39
Price change that quarter
-64.5%
Funds holding puts (bearish)
4
Funds holding calls (bullish)
6

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)
EPS (TTM)
$-0.82
EPS YoY
Revenue (TTM)
$0.7B
Revenue YoY
+15.6%
Net margin
-13.9%
ROE
Debt ratio
122.7%
FCF (TTM)
-$62M
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2022-06-30: EPS -0.07 2022-09-30: EPS -0.24 2022-12-31: EPS 0.02 2023-03-31: EPS -0.18 2023-06-30: EPS -0.10 2023-09-30: EPS -1.35 2023-12-31: EPS -0.75 2024-03-31: EPS -0.23 2024-06-30: EPS 0.24 2024-09-30: EPS -0.10 2024-12-31: EPS -0.73 2025-03-31: EPS -0.26 2025-06-30: EPS -0.63 2025-09-30: EPS 0.30 2025-12-31: EPS 0.11 2026-03-31: EPS -0.60 0M 146M 292M $M -1.49 -0.58 0.33 20222023202420252026 Revenue EPS

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

Quarterly free cash flow
-155M-58M40M 20162017201820192020202120222023202420252026
Latest quarter $11M (2026-03-31)

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

As of 2026-03-31 · 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.