Ballard Power Systems Inc.
US ˙ NasdaqGM ˙ CA0585861085

SecurityBLDP / Ballard Power Systems Inc.
InstitutionAlps Advisors Inc
Latest Disclosed Ownership383,981 shares
Latest Disclosed Value $ 929,234
Alps Advisors Inc reports 7.35% increase in ownership of BLDP / Ballard Power Systems Inc.

On May 8, 2026 - Alps Advisors Inc filed a 13F-HR form disclosing ownership of 383,981 shares of Ballard Power Systems Inc. (US:BLDP) valued at $929,234 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 12, 2026 disclosing 357,702 shares of Ballard Power Systems Inc.. This represents a change in shares of 7.35% during the quarter. The current value of the position is $2,326,925 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-08 2026-03-31 13F BALLARD PWR SYS INC COM 058586108 383,981 26,279 7.35 929 2.31 0.0040
2026-02-12 2025-12-31 13F BALLARD PWR SYS INC COM 058586108 357,702 -23,358 -6.13 909 -12.36 0.0053
2025-11-05 2025-09-30 13F BALLARD PWR SYS INC COM 058586108 381,060 -44,909 -10.54 1,036 53.03 0.0058
2025-08-11 2025-06-30 13F BALLARD PWR SYS INC COM 058586108 425,969 29,147 7.35 677 55.28 0.0039
2025-04-30 2025-03-31 13F BALLARD PWR SYS INC COM 058586108 396,822 8,265 2.13 437 -32.40 0.0025
2025-02-13 2024-12-31 13F BALLARD PWR SYS INC COM 058586108 388,557 -149,807 -27.83 645 -33.44 0.0041
2024-11-12 2024-09-30 13F BALLARD PWR SYS INC COM 058586108 538,364 -44,226 -7.59 969 -26.03 0.0065
2024-08-13 2024-06-30 13F BALLARD PWR SYS INC COM 058586108 582,590 -59,902 -9.32 1,311 -26.65 0.0090
2024-05-14 2024-03-31 13F BALLARD PWR SYS INC COM 058586108 642,492 -216,023 -25.16 1,786 -43.77 0.0126
2024-02-14 2023-12-31 13F BALLARD PWR SYS INC COM 058586108 858,515 -157,178 -15.47 3,177 -14.78 0.0250
2023-11-14 2023-09-30 13F BALLARD PWR SYS INC COM 058586108 1,015,693 -20,330 -1.96 3,728 -17.49 0.0309
2023-08-14 2023-06-30 13F BALLARD PWR SYS INC COM 058586108 1,036,023 -29,931 -2.81 4,517 -23.92 0.0392
2023-05-10 2023-03-31 13F BALLARD PWR SYS INC COM 058586108 1,065,954 -284,957 -21.09 5,937 -8.24 0.0525
2023-02-14 2022-12-31 13F BALLARD PWR SYS INC COM 058586108 1,350,911 -212,525 -13.59 6,471 -32.38 0.0577
2022-11-14 2022-09-30 13F BALLARD PWR SYS INC COM 058586108 1,563,436 31,770 2.07 9,568 -0.84 0.0905
2022-08-15 2022-06-30 13F/A-1 BALLARD PWR SYS INC COM 058586108 1,531,666 -91,702 -5.65 9,649 -48.94 0.0938
2022-08-11 2022-06-30 13F BALLARD PWR SYS INC COM 058586108 1,531,666 -91,702 9,649 0.0924
2022-05-16 2022-03-31 13F BALLARD PWR SYS INC COM 058586108 1,623,368 -529,978 -24.61 18,896 -30.13 0.2050
2022-02-09 2021-12-31 13F BALLARD PWR SYS INC COM 058586108 2,153,346 -73,647 -3.31 27,046 -13.56 0.3043
2021-11-15 2021-09-30 13F BALLARD PWR SYS INC COM 058586108 2,226,993 274,390 14.05 31,289 -11.57 0.3015
2021-08-11 2021-06-30 13F BALLARD PWR SYS INC COM 058586108 1,952,603 -225,851 -10.37 35,381 -33.27 0.3129
2021-05-07 2021-03-31 13F BALLARD PWR SYS INC COM 058586108 2,178,454 578,540 36.16 53,024 41.63 0.5179
2021-02-03 2020-12-31 13F BALLARD PWR SYS INC COM 058586108 1,599,914 625,198 64.14 37,438 154.37 0.4216
2020-11-05 2020-09-30 13F/A-1 BALLARD PWR SYS INC COM 058586108 974,716 299,459 44.35 14,718 41.53 0.2167
2020-11-04 2020-09-30 13F BALLARD PWR SYS INC COM 058586108 974,716 299,459 14,718 188,628.8027
2020-08-05 2020-06-30 13F BALLARD PWR SYS INC COM 058586108 675,257 98,049 16.99 10,399 136.72 0.1394
2020-05-06 2020-03-31 13F BALLARD PWR SYS INC COM 058586108 577,208 175,136 43.56 4,393 52.16 0.0680
2020-02-07 2019-12-31 13F BALLARD PWR SYS INC COM 058586108 402,072 79,462 24.63 2,887 82.95 0.0225
2019-11-04 2019-09-30 13F BALLARD POWER COMMON STOCK 058586108 322,610 70,067 27.74 1,578 53.20 0.0123
2019-08-07 2019-06-30 13F BALLARD POWER COMMON STOCK 058586108 252,543 126,321 100.08 1,030 171.05 0.0076
2019-05-01 2019-03-31 13F BALLARD POWER COMMON STOCK 058586108 126,222 46,046 57.43 380 97.92 0.0027
2019-02-04 2018-12-31 13F BALLARD POWER COMMON STOCK 058586108 80,176 7,401 10.17 192 -38.66 0.0015
2018-10-25 2018-09-30 13F BALLARD POWER COMMON STOCK 058586108 72,775 57,537 377.59 313 627.91 0.0021
2018-08-02 2018-06-30 13F/A-2 Ballard Power Systems COMMON STOCK 058586108 15,238 15,238 43 0.0003
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.