BSYNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
BENTLEY SYSTEMS INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$36.73+1.36 (+3.85%)
Close on Oct 19, 2026
- Market cap
- $11.72B
- P/E (TTM)
- 40.4
- Dividend yield
- 0.76%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
51.8%
157M of 302M shares
Institutional holders
397
60 new, 102 sold out
Net institutional buying
6M
In Q2 2026
Insider trades, 12 months
0 buys · 2 sales
Net sold $28.09K
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 |
|---|---|---|---|---|
| Gregory S. Bentley | 69,809,155 | 62.80% | 13G (passive) amendment | Dec 31, 2024 |
| Bentley Corinne Patricia | 38,621,698 | 13.20% | 13G (passive) amendment | Mar 31, 2026 |
| Marie Therese Verdugo Bentley | 28,582,682 | 10.10% | 13G (passive) | Dec 31, 2023 |
| BlackRock, Inc. | 15,722,181 | 5.40% | 13G (passive) amendment | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of BSY | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 16,067,886 | 5.32% | $480.27M | −737,360 | 0.01% |
| Vanguard Portfolio Management LLC | 9,501,795 | 3.15% | $284.01M | +514,996 | 0.01% |
| Norges Bank | 9,480,213 | 3.14% | $283.36M | New | 0.03% |
| Swedbank AB | 9,000,000 | 2.98% | $269.01M | – | 0.23% |
| T. Rowe Price Investment Management, Inc. | 7,495,389 | 2.48% | $224.04K | −494,668 | 0.15% |
| Vanguard Capital Management LLC | 7,116,220 | 2.36% | $212.70M | +524,383 | 0.00% |
| Morgan Stanley | 6,027,027 | 2.00% | $180.15M | −62,933 | 0.01% |
| William Blair Investment Management, LLC | 5,942,507 | 1.97% | $177.62M | +2,619,784 | 0.53% |
| State Street Corp | 5,036,633 | 1.67% | $150.54M | +119,897 | 0.00% |
| Arrowstreet Capital, Limited Partnership | 4,937,116 | 1.63% | $147.57M | +155,667 | 0.07% |
| Pictet Asset Management Holding SA | 4,367,486 | 1.45% | $130.54M | −293,860 | 0.12% |
| Millennium Management LLC | 3,517,855 | 1.16% | $105.15M | +2,243,469 | 0.04% |
| Geode Capital Management, LLC | 3,408,034 | 1.13% | $101.89M | −178,865 | 0.01% |
| Bank of New York Mellon Corp | 2,634,258 | 0.87% | $78.74M | −181,417 | 0.01% |
| Invesco Ltd. | 2,611,976 | 0.86% | $78.07M | +1,354,554 | 0.01% |
| Bessemer Group Inc | 2,055,367 | 0.68% | $61.44K | −544,874 | 0.08% |
| Dimensional Fund Advisors LP | 2,002,104 | 0.66% | $59.84M | +674,204 | 0.01% |
| Allianz Asset Management GmbH | 1,814,302 | 0.60% | $63.72M | – | 0.06% |
| UBS Group AG | 1,813,266 | 0.60% | $54.20M | −646,884 | 0.01% |
| Kayne Anderson Rudnick Investment Management LLC | 1,798,251 | 0.60% | $53.75M | −5,261,095 | 0.17% |
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 | 397 | 157M | 51.8% | 60 / 134 | 163 / 102 | 28M | 22M |
| Q1 2026 | 444 | 151M | 50.0% | 79 / 167 | 160 / 121 | 53M | 28M |
| Q4 2025 | 491 | 142M | 47.1% | 107 / 160 | 171 / 74 | 25M | 17M |
| Q3 2025 | 467 | 136M | 45.0% | 73 / 174 | 150 / 53 | 17M | 11M |
| Q2 2025 | 454 | 130M | 43.2% | 84 / 162 | 156 / 61 | 27M | 13M |
| Q1 2025 | 436 | 116M | 38.6% | 64 / 161 | 166 / 55 | 15M | 12M |
| Q4 2024 | 434 | 121M | 40.1% | 77 / 127 | 177 / 50 | 12M | 12M |
| Q3 2024 | 414 | 123M | 40.8% | 56 / 162 | 150 / 55 | 23M | 8M |
| Q2 2024 | 420 | 125M | 41.3% | 85 / 159 | 131 / 40 | 17M | 13M |
| Q1 2024 | 381 | 121M | 40.2% | 53 / 143 | 136 / 51 | 11M | 9M |
| Q4 2023 | 382 | 119M | 39.4% | 74 / 146 | 116 / 31 | 11M | 6M |
| Q3 2023 | 342 | 114M | 37.8% | 41 / 143 | 118 / 41 | 8M | 6M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of BSY | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 5,106,525 | 1.69% | $152.63M | 0.01% | Jun 30, 2026 |
| iShares Core S&P Mid-Cap ETF | 5,105,030 | 1.69% | $152.59M | 0.12% | Jun 30, 2026 |
| T. Rowe Price Capital Appreciation Fund | 4,123,453 | 1.36% | $123.25M | 0.18% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 3,688,108 | 1.22% | $110.24M | 0.06% | Jun 30, 2026 |
| Vanguard Information Technology Index Fund | 3,127,710 | 1.04% | $102.09M | 0.06% | May 31, 2026 |
| Eaton Vance Atlanta Capital SMID-Cap Fund | 2,774,797 | 0.92% | $82.94M | 0.94% | Jun 30, 2026 |
| Vanguard Small-Cap Growth Index Fund | 2,130,288 | 0.71% | $63.67M | 0.14% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 1,709,348 | 0.57% | $51.09M | 0.05% | Jun 30, 2026 |
| Invesco Water Resources ETF | 1,287,102 | 0.43% | $45.61M | 2.28% | Jul 31, 2026 |
| T. Rowe Price Capital Appreciation Equity ETF | 1,083,970 | 0.36% | $32.40M | 0.44% | Jun 30, 2026 |
| JNL/T. Rowe Price Capital Appreciation Fund | 975,502 | 0.32% | $29.16M | 0.19% | Jun 30, 2026 |
| Invesco S&P MidCap Quality ETF | 972,851 | 0.32% | $34.48M | 0.63% | Jul 31, 2026 |
| Nomura Mid Cap Growth Fund | 808,907 | 0.27% | $24.18M | 0.81% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 770,641 | 0.26% | $25.15M | 0.06% | May 31, 2026 |
| iShares Expanded Tech-Software Sector ETF | 763,158 | 0.25% | $22.81M | 0.17% | 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 |
|---|---|---|---|---|
| Gregory S. Bentley | Executive Chair & President, Director, 10% owner | 7,798,480 | 2.58% | Aug 31, 2026 |
| Nicholas Cumins | Chief Executive Officer, Director | 532,717 | 0.18% | Jun 15, 2026 |
| Andrew Rahden | Chief Revenue Officer | 88,145 | 0.03% | Sep 17, 2026 |
| David R. Shaman | Chief Legal Officer | 1,014,624 | 0.34% | Sep 2, 2026 |
| Julien Moutte | Chief Technology Officer | 90,367 | 0.03% | Jun 15, 2026 |
| Werner Andre | Chief Financial Officer | 377,169 | 0.12% | Jun 15, 2026 |
| Brock Ballard | Chief Revenue Officer | 94,037 | 0.03% | Jun 15, 2026 |
| Thomas F. Trimback | Chief Accounting Officer | 19,376 | 0.01% | Jun 15, 2026 |
| James K. Lee | Chief Operating Officer | 221,414 | 0.07% | Jun 15, 2026 |
| Michael M. Campbell | Chief Product Officer | 70,186 | 0.02% | Dec 16, 2024 |
| Kirk B. Griswold | Director | 468,117 | 0.15% | Jun 15, 2026 |
| Raymond B. Bentley | Director, 10% owner | 15,032,014 | 4.98% | Jun 15, 2026 |
| Barry J. Bentley | Director, 10% owner | 11,930,547 | 3.95% | Jun 15, 2026 |
| Keith A. Bentley | Director, 10% owner | 16,633,796 | 5.51% | Jun 15, 2026 |
| Brian F. Hughes | Director | 40,500 | 0.01% | May 26, 2026 |
| Janet Brutschea Haugen | Director | 35,198 | 0.01% | May 26, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| David R. Shaman Chief Legal Officer | Aug 31, 2026 | Tax withholding | −6,665 | $36.75 | $244.94K | 622,681 |
| Gregory S. Bentley Executive Chair & President, Director, 10% owner | Aug 27, 2026 | Gift | −13,192 | – | – | 7,676,671 |
| Gregory S. Bentley Executive Chair & President, Director, 10% owner | Aug 12, 2026 | Gift | −281 | – | – | 7,689,863 |
| Gregory S. Bentley Executive Chair & President, Director, 10% owner | Aug 12, 2026 | Gift | −703 | – | – | 7,690,144 |
| David R. Shaman Chief Legal Officer | Aug 2, 2026 | Tax withholding | −1,040 | $35.68 | $37.11K | 629,346 |
| Gregory S. Bentley Executive Chair & President, Director, 10% owner | Jul 23, 2026 | Award | +61,037 | $30.12 | $1.84M | 7,717,545 |
| Gregory S. Bentley Executive Chair & President, Director, 10% owner | Jul 23, 2026 | Tax withholding | −26,698 | $30.12 | $804.14K | 7,690,847 |
| David R. Shaman Chief Legal Officer | Jul 8, 2026 | Tax withholding | −704 | $31.65 | $22.28K | 629,731 |
| Thomas F. Trimback Chief Accounting Officer | Jun 11, 2026 | Award | +42 | – | – | 19,376 |
| Raymond B. Bentley Director, 10% owner | Jun 11, 2026 | Award | +2,076 | – | – | 14,814,360 |
| Julien Moutte Chief Technology Officer | Jun 11, 2026 | Award | +201 | – | – | 90,367 |
| Barry J. Bentley Director, 10% owner | Jun 11, 2026 | Award | +3 | – | – | 11,837,893 |
| James K. Lee Chief Operating Officer | Jun 11, 2026 | Award | +466 | – | – | 221,414 |
| Werner Andre Chief Financial Officer | Jun 11, 2026 | Award | +301 | – | – | 377,169 |
| Nicholas Cumins Chief Executive Officer, Director | Jun 11, 2026 | Award | +878 | – | – | 532,717 |
| Keith A. Bentley Director, 10% owner | Jun 11, 2026 | Award | +1,050 | – | – | 3,844,221 |
| Gregory S. Bentley Executive Chair & President, Director, 10% owner | Jun 11, 2026 | Award | +3,749 | – | – | 7,656,508 |
| David R. Shaman Chief Legal Officer | Jun 11, 2026 | Award | +620 | – | – | 630,435 |
| Kirk B. Griswold Director | Jun 11, 2026 | Award | +86 | – | – | 468,117 |
| Brock Ballard Chief Revenue Officer | Jun 11, 2026 | Award | +202 | – | – | 94,037 |
| Janet Brutschea Haugen Director | May 21, 2026 | Award | +6,749 | – | – | 35,198 |
| Kirk B. Griswold Director | May 21, 2026 | Award | +6,749 | – | – | 468,031 |
| Brian F. Hughes Director | May 21, 2026 | Award | +6,749 | – | – | 40,500 |
| David R. Shaman Chief Legal Officer | May 3, 2026 | Tax withholding | −5,287 | $33.58 | $177.54K | 654,288 |
| Gregory S. Bentley Executive Chair & President, Director, 10% owner | Apr 23, 2026 | Tax withholding | −27,133 | $32.65 | $885.89K | 7,652,759 |
| Gregory S. Bentley Executive Chair & President, Director, 10% owner | Apr 23, 2026 | Award | +62,032 | $32.65 | $2.03M | 7,679,892 |
| Julien Moutte Chief Technology Officer | Apr 1, 2026 | Tax withholding | −3,007 | $34.20 | $102.84K | 90,166 |
| Thomas F. Trimback Chief Accounting Officer | Mar 29, 2026 | Tax withholding | −172 | $34.76 | $5.98K | 19,334 |
| Kirk B. Griswold Director | Mar 19, 2026 | Award | +70 | – | – | 461,282 |
| Keith A. Bentley Director, 10% owner | Mar 19, 2026 | Award | +845 | – | – | 3,843,171 |
| Barry J. Bentley Director, 10% owner | Mar 19, 2026 | Award | +3 | – | – | 11,837,890 |
| James K. Lee Chief Operating Officer | Mar 19, 2026 | Award | +375 | – | – | 220,948 |
| Gregory S. Bentley Executive Chair & President, Director, 10% owner | Mar 19, 2026 | Award | +3,019 | – | – | 7,617,860 |
| Werner Andre Chief Financial Officer | Mar 19, 2026 | Award | +243 | – | – | 376,868 |
| Brock Ballard Chief Revenue Officer | Mar 19, 2026 | Award | +163 | – | – | 93,835 |
| Julien Moutte Chief Technology Officer | Mar 19, 2026 | Award | +173 | – | – | 93,173 |
| Thomas F. Trimback Chief Accounting Officer | Mar 19, 2026 | Award | +35 | – | – | 19,506 |
| David R. Shaman Chief Legal Officer | Mar 19, 2026 | Award | +546 | – | – | 659,575 |
| Raymond B. Bentley Director, 10% owner | Mar 19, 2026 | Award | +1,671 | – | – | 14,812,284 |
| Nicholas Cumins Chief Executive Officer, Director | Mar 19, 2026 | Award | +707 | – | – | 531,839 |
| Nicholas Cumins Chief Executive Officer, Director | Mar 17, 2026 | Tax withholding | −2,430 | $37.88 | $92.05K | 531,132 |
| Werner Andre Chief Financial Officer | Mar 17, 2026 | Tax withholding | −1,503 | $37.88 | $56.93K | 376,625 |
| Julien Moutte Chief Technology Officer | Mar 17, 2026 | Tax withholding | −431 | $37.88 | $16.33K | 93,000 |
| David R. Shaman Chief Legal Officer | Mar 17, 2026 | Tax withholding | −984 | $37.88 | $37.27K | 659,029 |
| Brock Ballard Chief Revenue Officer | Mar 17, 2026 | Tax withholding | −293 | $37.88 | $11.10K | 93,672 |
| Thomas F. Trimback Chief Accounting Officer | Mar 13, 2026 | Tax withholding | −451 | $38.19 | $17.22K | 19,471 |
| James K. Lee Chief Operating Officer | Mar 13, 2026 | Tax withholding | −747 | $38.19 | $28.53K | 220,573 |
| Brock Ballard Chief Revenue Officer | Mar 13, 2026 | Tax withholding | −4,147 | $38.19 | $158.37K | 93,965 |
| Julien Moutte Chief Technology Officer | Mar 13, 2026 | Tax withholding | −4,978 | $38.19 | $190.11K | 93,431 |
| Nicholas Cumins Chief Executive Officer, Director | Mar 13, 2026 | Tax withholding | −6,626 | $38.19 | $253.05K | 533,562 |
| David R. Shaman Chief Legal Officer | Mar 13, 2026 | Tax withholding | −4,587 | $38.19 | $175.18K | 660,013 |
| Werner Andre Chief Financial Officer | Mar 13, 2026 | Tax withholding | −5,096 | $38.19 | $194.62K | 378,128 |
| Raymond B. Bentley Director, 10% owner | Mar 12, 2026 | Gift | −250,000 | – | – | 14,810,613 |
| Gregory S. Bentley Executive Chair & President, Director, 10% owner | Mar 10, 2026 | Sale(10b5-1 plan) | −100 | $40.01 | $4.00K | 7,614,841 |
| David R. Shaman Chief Legal Officer | Mar 6, 2026 | Award | +18,769 | – | – | 664,600 |
| Nicholas Cumins Chief Executive Officer, Director | Mar 6, 2026 | Award | +28,107 | – | – | 540,188 |
| Nicholas Cumins Chief Executive Officer, Director | Mar 6, 2026 | Award | +74,839 | – | – | 512,081 |
| Brock Ballard Chief Revenue Officer | Mar 6, 2026 | Award | +19,769 | – | – | 98,112 |
| James K. Lee Chief Operating Officer | Mar 6, 2026 | Award | +12,607 | – | – | 221,320 |
| James K. Lee Chief Operating Officer | Mar 6, 2026 | Award | +36,297 | – | – | 208,713 |
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 |
|---|---|---|---|---|---|
| 2012 Generation Skipping Trust Bentley Director | Aug 27, 2026 | 300,000 | $11.08M | Aug 27, 2026 | gift |
| Gregory S. Bentley Officer, Director | Mar 10, 2026 | 709,489 | $28.39M | Mar 10, 2026 | COMPENSATION ACQUIRED ON: 12/1/25 & 1/1/26 |
| A. Bentley 2012 Gift Trust FBO Charlene Clark Keith Director | Nov 6, 2025 | 25,000 | $1.18M | Nov 6, 2025 | Gifted to Trust |
| A. Bentley 2007 Gift Trust FBO Sarah Bentley Keith 10% Stockholder | Aug 18, 2025 | 300 | $16.07K | Aug 18, 2025 | Gift |
| A. Bentley 2007 Gift Trust FBO David Bentley Keith 10% Stockholder | Aug 18, 2025 | 25,000 | $1.35M | Aug 18, 2025 | Gift |
| A. Bentley 2012 Gift Trust FBO William Bentley Keith 10% Stockholder | Aug 12, 2025 | 45,000 | $2.36M | Aug 12, 2025 | Gift |
| A. Bentley 2012 Gift Trust FBO Jennifer Frank Keith 10% Stockholder | Aug 12, 2025 | 55,000 | $2.89M | Aug 12, 2025 | Gift |
| A. Bentley 2012 Gift Trust FBO Robert Gilchrist Keith 10% Stockholder | Aug 12, 2025 | 25,000 | $1.32M | Aug 12, 2025 | Gift |
| A. Bentley 2012 Gift Trust FBO Charlene Clark Keith 10% Stockholder | Aug 12, 2025 | 25,000 | $1.32M | Aug 12, 2025 | Gift |
| Shaman David Officer | Jul 29, 2025 | 400 | $23.49K | Jul 29, 2025 | Restricted Stock Units |
| Shaman David Officer | Jul 11, 2025 | 20,313 | $1.15M | Jul 11, 2025 | Restricted Stock Units |
| Keith A. Bentley Director | Jul 7, 2025 | 150,000 | $8.27M | Jul 7, 2025 | COMPENSATION SHARES |
| Shaman David Officer | Jul 3, 2025 | 19,156 | $1.04M | Jul 3, 2025 | Restricted Stock Units |
| Raymond B. Bentley Director | Jun 16, 2025 | 1,000,000 | $49.73M | Jun 16, 2025 | VARIOUS ACQUIRED BETWEEN 4/4/13 - 1/15/25 |
| A. Bentley 2007 Gift Trust FBO David Bentley Keith Director | May 27, 2025 | 23,000 | $1.11M | May 27, 2025 | Gift |