BILLNYSEServices-Prepackaged SoftwareFiscal year ends June 30
BILL Holdings, Inc.
Financials through Q4 FY2026, quarter ended Jun 30, 2026Last filing: 10-K on Aug 20, 2026
$45.69+0.09 (+0.20%)
Close on Oct 19, 2026
- Market cap
- $4.24B
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
100.0%
98M of 85M shares
Institutional holders
341
67 new, 62 sold out
Net institutional buying
-4M
In Q2 2026
Insider trades, 12 months
0 buys · 17 sales
Net sold $15.92M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Feld Peter A | 8,642,510 | 10.10% | 13D (active) amendment | Aug 20, 2026 |
| Starboard Value GP LLC | 8,639,900 | 8.60% | 13D (active) amendment | Oct 15, 2025 |
| BlackRock, Inc. | 8,628,954 | 10.10% | 13G (passive) amendment | Aug 31, 2026 |
| ER Collective Holdings, LLC | 7,668,300 | 7.40% | 13G (passive) amendment | Jun 30, 2025 |
| Vanguard Portfolio Management | 5,753,583 | 5.81% | 13G (passive) | Mar 31, 2026 |
| Ameriprise Financial, Inc. | 5,558,053 | 5.60% | 13G (passive) | Jun 30, 2026 |
| Steven A. Cohen | 5,035,627 | 5.00% | 13G (passive) | Nov 21, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of BILL | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 8,735,197 | 10.24% | $315.86M | +378,054 | 0.00% |
| ER Collective Holdings, LLC | 8,518,300 | 9.99% | $308.02M | – | 100.00% |
| Starboard Value LP | 7,025,748 | 8.24% | $254.05M | +900 | 5.62% |
| Vanguard Portfolio Management LLC | 5,688,580 | 6.67% | $205.70M | +3,738 | 0.01% |
| Ameriprise Financial Inc | 5,558,053 | 6.52% | $201.07M | +2,723,595 | 0.04% |
| Senvest Management, LLC | 4,102,668 | 4.81% | $148.35M | +267,320 | 4.35% |
| Vanguard Capital Management LLC | 3,933,392 | 4.61% | $142.23M | +12,374 | 0.00% |
| Wellington Management Group Llp | 3,562,810 | 4.18% | $128.83M | −299,853 | 0.02% |
| State Street Corp | 3,140,742 | 3.68% | $113.57M | +43,864 | 0.00% |
| Dimensional Fund Advisors LP | 2,945,930 | 3.45% | $106.52M | −144,811 | 0.02% |
| Greenhouse Funds LLLP | 2,672,670 | 3.13% | $96.64M | −517,935 | 4.94% |
| Fuller & Thaler Asset Management, Inc. | 2,053,400 | 2.41% | $74.25M | +57,185 | 0.20% |
| Geode Capital Management, LLC | 1,636,476 | 1.92% | $59.19M | +36,797 | 0.00% |
| Price T Rowe Associates Inc /Md/ | 1,631,907 | 1.91% | $59.01K | −346,787 | 0.01% |
| Jane Street Group, LLC | 1,543,254 | 1.81% | $55.80M | +1,041,974 | 0.00% |
| Royal Bank of Canada | 1,510,800 | 1.77% | $54.63M | −21,540 | 0.01% |
| Contour Asset Management LLC | 1,400,202 | 1.64% | $50.63M | −1,941,541 | 1.20% |
| Bank Of America Corp /De/ | 1,393,303 | 1.63% | $50.38M | +233,653 | 0.00% |
| Hrt Financial LP | 1,207,239 | 1.42% | $43.65K | New | 0.00% |
| Goldman Sachs Group Inc | 1,165,875 | 1.37% | $42.16M | +567,028 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 341 | 98M | 100.0% | 67 / 104 | 124 / 62 | 14M | 18M |
| Q1 2026 | 340 | 102M | 100.0% | 65 / 117 | 114 / 86 | 25M | 22M |
| Q4 2025 | 365 | 109M | 100.0% | 76 / 107 | 124 / 67 | 26M | 19M |
| Q3 2025 | 364 | 103M | 100.0% | 78 / 103 | 129 / 83 | 34M | 28M |
| Q2 2025 | 370 | 97M | 100.0% | 59 / 127 | 134 / 79 | 17M | 14M |
| Q1 2025 | 393 | 93M | 100.0% | 93 / 133 | 128 / 108 | 20M | 21M |
| Q4 2024 | 412 | 95M | 100.0% | 130 / 126 | 112 / 57 | 24M | 20M |
| Q3 2024 | 344 | 91M | 100.0% | 74 / 119 | 126 / 62 | 16M | 14M |
| Q2 2024 | 337 | 94M | 100.0% | 64 / 122 | 124 / 97 | 13M | 32M |
| Q1 2024 | 376 | 113M | 100.0% | 71 / 128 | 143 / 102 | 15M | 18M |
| Q4 2023 | 411 | 116M | 100.0% | 91 / 143 | 138 / 100 | 26M | 16M |
| Q3 2023 | 423 | 106M | 100.0% | 65 / 136 | 170 / 58 | 11M | 12M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of BILL | Value | % of fund | As of |
|---|---|---|---|---|---|
| Columbia Seligman Technology and Information Fund | 3,243,949 | 3.80% | $120.09M | 0.43% | May 31, 2026 |
| iShares Core S&P Mid-Cap ETF | 3,030,574 | 3.55% | $109.59M | 0.09% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 2,837,467 | 3.33% | $102.60M | 0.00% | Jun 30, 2026 |
| Vanguard Information Technology Index Fund | 2,178,072 | 2.55% | $80.63M | 0.05% | May 31, 2026 |
| Vanguard Small-Cap Index Fund | 2,053,564 | 2.41% | $74.26M | 0.04% | Jun 30, 2026 |
| Fullerthaler Behavioral Small-Cap Growth | 1,369,900 | 1.61% | $49.54M | 0.80% | Jun 30, 2026 |
| Vanguard Small-Cap Growth Index Fund | 1,186,176 | 1.39% | $42.89M | 0.09% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 931,893 | 1.09% | $33.70M | 0.03% | Jun 30, 2026 |
| U.S. Small Cap Value Portfolio | 756,351 | 0.89% | $34.13M | 0.18% | Jul 31, 2026 |
| T. Rowe Price Integrated U.S. Small-Cap Growth Equity Fund | 755,673 | 0.89% | $27.33M | 0.28% | Jun 30, 2026 |
| Select Software and IT Services Portfolio | 728,000 | 0.85% | $26.95M | 0.36% | May 31, 2026 |
| Columbia Seligman Global Technology Fund | 547,823 | 0.64% | $24.72M | 0.55% | Jul 31, 2026 |
| Fidelity Extended Market Index Fund | 456,876 | 0.54% | $16.91M | 0.04% | May 31, 2026 |
| iShares Expanded Tech-Software Sector ETF | 454,592 | 0.53% | $16.44M | 0.12% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 400(TM) Mid Cap ETF | 448,663 | 0.53% | $16.22M | 0.09% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Rene A. Lacerte | CEO, Director | 432,901 | 0.51% | Sep 17, 2026 |
| Rohini Jain | Chief Financial Officer | 0 | – | Sep 17, 2026 |
| Michael Cieri | Chief Product Officer | 997 | 0.00% | Sep 17, 2026 |
| Mary Kay Bowman | See Remarks | 67,758 | 0.08% | Jun 1, 2026 |
| Kenneth A. Moss | Chief Technology Officer | 166,275 | 0.19% | Jun 1, 2026 |
| John R. Rettig | COO | 212,500 | 0.25% | Mar 3, 2026 |
| Germaine Cota | SVP, FINANCE & ACCOUNTING | 10,812 | 0.01% | Dec 3, 2025 |
| Rajesh A. Aji | CLO & CCO | 9,298 | 0.01% | Sep 4, 2025 |
| Daniel A. Wernikoff | Director | 1,531 | 0.00% | Jan 20, 2026 |
| Keri Gohman | Director | 1,531 | 0.00% | Jan 20, 2026 |
| Elizabeth S. Johnson | Director | – | – | Dec 15, 2025 |
| Natalie Marie Derse | Director | – | – | Dec 15, 2025 |
| Tina Reich | Director | 9,482 | 0.01% | Dec 15, 2025 |
| Alison Wagonfeld | Director | 3,134 | 0.00% | Dec 15, 2025 |
| Katherine M. A. Kline | Director | 11,027 | 0.01% | Dec 15, 2025 |
| Allison Mnookin | Director | 8,537 | 0.01% | Dec 15, 2025 |
| David Hornik | Director | 43,696 | 0.05% | Dec 15, 2025 |
| Aida Alvarez | Director | 10,207 | 0.01% | Dec 15, 2025 |
| Brian Jacobs | Director | 229,502 | 0.27% | Dec 9, 2025 |
| Steven Cakebread | Director | 8,537 | 0.01% | Dec 9, 2025 |
| Lee Kirkpatrick | Director | – | – | Oct 21, 2025 |
| Peter A. Feld | Director | 7,025,748 | 8.24% | Oct 21, 2025 |
| Peter J. Kight | Director | 34,081 | 0.04% | Dec 9, 2024 |
| Stephen Fisher | Director | 7,396 | 0.01% | Dec 9, 2024 |
| Scott Wagner | Director | 14,714 | 0.02% | Dec 9, 2024 |
| Jeffrey C. Smith | 10% owner | 7,025,748 | 8.24% | Aug 31, 2026 |
| Value & Opportunity S. Llc Starboard | – | – | – | Aug 31, 2026 |
| X. Master Fund Ltd Starboard | – | – | – | Aug 31, 2026 |
| Value L. LP Starboard | – | – | – | Aug 31, 2026 |
| Value & Opportunity Master Fund Ltd Starboard | – | – | – | Aug 31, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Rene A. Lacerte CEO, Director | Sep 3, 2026 | Sale(10b5-1 plan) | −5,752 | $50.62 | $291.17K | 163,125 |
| Rene A. Lacerte CEO, Director | Sep 3, 2026 | Sale(10b5-1 plan) | −15,372 | $50.01 | $768.75K | 168,877 |
| Rene A. Lacerte CEO, Director | Sep 3, 2026 | Sale(10b5-1 plan) | −10,154 | $50.50 | $512.78K | 163,125 |
| Rene A. Lacerte CEO, Director | Sep 3, 2026 | Sale(10b5-1 plan) | −10,970 | $49.86 | $546.96K | 173,279 |
| Rene A. Lacerte CEO, Director | Sep 2, 2026 | Sale(10b5-1 plan) | −24,364 | $48.59 | $1.18M | 170,000 |
| Rene A. Lacerte CEO, Director | Sep 2, 2026 | Sale(10b5-1 plan) | −40,357 | $48.00 | $1.94M | 100,899 |
| Rene A. Lacerte CEO, Director | Sep 2, 2026 | Sale(10b5-1 plan) | −10,636 | $48.01 | $510.63K | 194,364 |
| Rene A. Lacerte CEO, Director | Sep 2, 2026 | Sale(10b5-1 plan) | −26,974 | $48.59 | $1.31M | 60,854 |
| Rene A. Lacerte CEO, Director | Sep 2, 2026 | Sale(10b5-1 plan) | −11,765 | $48.01 | $564.84K | 87,828 |
| Rene A. Lacerte CEO, Director | Sep 2, 2026 | Sale(10b5-1 plan) | −100,899 | $48.59 | $4.90M | 0 |
| Rohini Jain Chief Financial Officer | Sep 1, 2026 | Sale(10b5-1 plan) | −3,915 | $48.70 | $190.66K | 0 |
| Rohini Jain Chief Financial Officer | Sep 1, 2026 | Sale(10b5-1 plan) | −29,555 | $47.80 | $1.41M | 3,915 |
| Michael Cieri Chief Product Officer | Aug 31, 2026 | Sale(10b5-1 plan) | −10,754 | $49.13 | $528.34K | 997 |
| Michael Cieri Chief Product Officer | Aug 28, 2026 | Option exercise | +12,897 | – | – | 13,894 |
| Michael Cieri Chief Product Officer | Aug 28, 2026 | Option exercise | +6,531 | – | – | 20,425 |
| Michael Cieri Chief Product Officer | Aug 28, 2026 | Tax withholding | −8,674 | $50.31 | $436.39K | 11,751 |
| Rene A. Lacerte CEO, Director | Aug 28, 2026 | Option exercise | +24,293 | – | – | 166,152 |
| Rene A. Lacerte CEO, Director | Aug 28, 2026 | Option exercise | +24,627 | – | – | 141,859 |
| Rene A. Lacerte CEO, Director | Aug 28, 2026 | Tax withholding | −24,896 | $50.31 | $1.25M | 141,256 |
| Rohini Jain Chief Financial Officer | Aug 28, 2026 | Tax withholding | −28,600 | $50.31 | $1.44M | 33,470 |
| Rohini Jain Chief Financial Officer | Aug 28, 2026 | Option exercise | +11,755 | – | – | 62,070 |
| Rohini Jain Chief Financial Officer | Aug 28, 2026 | Option exercise | +50,315 | – | – | 50,315 |
| Michael Cieri Chief Product Officer | May 29, 2026 | Sale(10b5-1 plan) | −23,775 | $36.80 | $874.92K | 4,497 |
| Michael Cieri Chief Product Officer | May 29, 2026 | Sale(10b5-1 plan) | −5,600 | $35.68 | $199.81K | 28,272 |
| Michael Cieri Chief Product Officer | May 29, 2026 | Sale(10b5-1 plan) | −3,500 | $37.10 | $129.85K | 997 |
| Rene A. Lacerte CEO, Director | May 28, 2026 | Option exercise | +6,660 | – | – | 133,154 |
| Rene A. Lacerte CEO, Director | May 28, 2026 | Option exercise | +24,626 | – | – | 126,494 |
| Rene A. Lacerte CEO, Director | May 28, 2026 | Tax withholding | −15,922 | $34.85 | $554.88K | 117,232 |
| Kenneth A. Moss Chief Technology Officer | May 28, 2026 | Tax withholding | −12,889 | $34.85 | $449.18K | 161,475 |
| Kenneth A. Moss Chief Technology Officer | May 28, 2026 | Option exercise | +339 | – | – | 4,800 |
| Kenneth A. Moss Chief Technology Officer | May 28, 2026 | Tax withholding | −142 | $34.85 | $4.95K | 4,658 |
| Kenneth A. Moss Chief Technology Officer | May 28, 2026 | Option exercise | +23,347 | – | – | 172,382 |
| Kenneth A. Moss Chief Technology Officer | May 28, 2026 | Option exercise | +1,982 | – | – | 174,364 |
| Michael Cieri Chief Product Officer | May 28, 2026 | Tax withholding | −18,716 | $34.85 | $652.25K | 33,872 |
| Michael Cieri Chief Product Officer | May 28, 2026 | Option exercise | +51,591 | – | – | 52,588 |
| Mary Kay Bowman See Remarks | May 28, 2026 | Tax withholding | −6,976 | $34.85 | $243.11K | 67,758 |
| Mary Kay Bowman See Remarks | May 28, 2026 | Option exercise | +4,147 | – | – | 74,734 |
| Mary Kay Bowman See Remarks | May 28, 2026 | Option exercise | +14,787 | – | – | 70,587 |
| Mary Kay Bowman See Remarks | Feb 28, 2026 | Option exercise | +14,788 | – | – | 56,716 |
| Mary Kay Bowman See Remarks | Feb 28, 2026 | Tax withholding | −5,063 | $44.19 | $223.73K | 55,800 |
| Mary Kay Bowman See Remarks | Feb 28, 2026 | Option exercise | +4,147 | – | – | 60,863 |
| Kenneth A. Moss Chief Technology Officer | Feb 28, 2026 | Option exercise | +23,347 | – | – | 156,353 |
| Kenneth A. Moss Chief Technology Officer | Feb 28, 2026 | Option exercise | +337 | – | – | 4,136 |
| Kenneth A. Moss Chief Technology Officer | Feb 28, 2026 | Tax withholding | −9,631 | $44.19 | $425.59K | 148,705 |
| Kenneth A. Moss Chief Technology Officer | Feb 28, 2026 | Option exercise | +1,983 | – | – | 158,336 |
| Kenneth A. Moss Chief Technology Officer | Feb 28, 2026 | Tax withholding | −141 | $44.19 | $6.23K | 3,995 |
| Rene A. Lacerte CEO, Director | Feb 28, 2026 | Option exercise | +6,661 | – | – | 114,114 |
| Rene A. Lacerte CEO, Director | Feb 28, 2026 | Tax withholding | −12,649 | $44.19 | $558.96K | 101,465 |
| Rene A. Lacerte CEO, Director | Feb 28, 2026 | Option exercise | +24,627 | – | – | 107,453 |
| John R. Rettig COO | Feb 28, 2026 | Tax withholding | −9,870 | $44.19 | $436.16K | 142,526 |
| John R. Rettig COO | Feb 28, 2026 | Option exercise | +5,710 | – | – | 152,396 |
| John R. Rettig COO | Feb 28, 2026 | Option exercise | +20,105 | – | – | 146,686 |
| Keri Gohman Director | Jan 15, 2026 | Option exercise | +1,531 | – | – | 1,531 |
| Daniel A. Wernikoff Director | Jan 15, 2026 | Option exercise | +1,531 | – | – | 1,531 |
| David Hornik Director | Dec 5, 2025 | Option exercise | +2,095 | – | – | 25,986 |
| Allison Mnookin Director | Dec 5, 2025 | Option exercise | +2,095 | – | – | 8,537 |
| Steven Cakebread Director | Dec 5, 2025 | Option exercise | +2,095 | – | – | 8,537 |
| Aida Alvarez Director | Dec 5, 2025 | Option exercise | +2,095 | – | – | 10,207 |
| Rene A. Lacerte CEO, Director | Dec 5, 2025 | Gift | −15,190 | – | – | 99,593 |
| Tina Reich Director | Dec 5, 2025 | Option exercise | +2,095 | – | – | 9,482 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Rettig John Officer | Sep 9, 2026 | 19,893 | $946.91K | Sep 9, 2026 | Restricted Stock Units |
| Irrevocable Trust Ilio Director, Officer | Sep 3, 2026 | 21,124 | $1.03M | Sep 3, 2026 | Previously Exercised Options |
| Irrevocable Trust Nene Director, Officer | Sep 3, 2026 | 21,124 | $1.03M | Sep 3, 2026 | Previously Exercised Options |
| Foundation Makahakama Director, Officer | Sep 2, 2026 | 35,000 | $1.67M | Sep 2, 2026 | Founders Shares |
| A. Lacerte Rene Director, Officer | Sep 2, 2026 | 141,256 | $6.73M | Sep 2, 2026 | Employee Stock Purchase Plan |
| Trust U/A Dtd 02/15/2004 Makahakama Director, Officer | Sep 2, 2026 | 38,739 | $1.84M | Sep 2, 2026 | Restricted Stock Units |
| Jain Rohini Officer | Sep 1, 2026 | 33,470 | $1.65M | Sep 1, 2026 | Restricted Stock Units |
| Cieri Michael Officer | Aug 31, 2026 | 10,754 | $541.03K | Aug 31, 2026 | Performance Stock Units |
| Cieri Michael Officer | May 29, 2026 | 32,875 | $1.15M | May 29, 2026 | Restricted Stock Units |
| R. Rettig John Officer | May 29, 2026 | 66,716 | $2.33M | May 29, 2026 | Transfer |
| Rettig John Affiliate | May 28, 2026 | 136,306 | $4.76M | May 28, 2026 | Exercise of options under a registered plan |
| Aji Rajesh Officer | Nov 14, 2025 | 7,812 | $393.76K | Nov 14, 2025 | Previously Exercised Options |
| Fisher Stephen Director | Nov 10, 2025 | 7,396 | $352.94K | Nov 10, 2025 | Restricted Stock |
| Aji Rajesh Officer | Sep 2, 2025 | 3,971 | $184.33K | Sep 2, 2025 | Performance Stock Units |
| Aji Rajesh Officer | Jun 24, 2025 | 1,780 | $78.84K | Jun 24, 2025 | Restricted Stock Units |