Bridge Builder Small/Mid Cap Value Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, Bridge Builder Small/Mid Cap Value Fund held 2,231 positions with $10.44B in net assets. Its ten largest holdings made up 8.8% of the fund. The BBVSX share class costs 0.38% a year. Over the 12 months to May 2026, BBVSX returned 24.6%, with dividends reinvested. In 2026 Q2 it added 36 new positions and exited 52.
The investment objective of Bridge Builder Small/Mid Cap Value Fund (the Fund or the Small/Mid Cap Value Fund) is to provide capital appreciation.
The fund combines investment strategies from eight sub-advisers, each managing an allocated portion of assets according to its own selection process. Most sub-advisers employ bottom-up fundamental analysis to identify small- and mid-capitalization companies trading below intrinsic value, while BlackRock tracks the Russell Midcap Value and Russell 2000 Value indices. Because the fund's returns depend on the security selections and performance of multiple independent sub-advisers, results will diverge from any single benchmark.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
MGMXXJPMORGAN US GOVT MMKT-IM | 1.93% | $201.03M | — | — |
F/C S&P MID 400 EMINI SEP26 | 1.44% | $150.35M | — | — |
SNDKSANDISK CORP | 0.85% | $89.34M | 39.3K | $2,273.73 |
0.82% | $86.08M | 1.3M | $66.30 | |
0.68% | $71.47M | 239.9K | $297.89 | |
HUBBHUBBELL INC | 0.65% | $67.67M | 129.3K | $523.20 |
AZOAUTOZONE INC | 0.64% | $66.61M | 20.8K | $3,195.94 |
0.63% | $65.94M | 245.3K | $268.86 | |
F/C E-MINI RUSS 2000 SEP26 | 0.61% | $64.11M | — | — |
0.58% | $60.63M | 254.6K | $238.19 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
The 200 largest of 2,231 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 92.22% |
| Real assets | 5.54% |
| Derivatives | 2.05% |
| Cash & short-term | 1.93% |
Derivatives are shown at market value, not notional exposure.
By sector
- Industrials
- 20.3%
- Financials
- 16.5%
- Information Technology
- 12.0%
- Consumer Discretionary
- 10.6%
- 10 other sectors
- 40.6%
- Industrials
- 20.3%
- Financials
- 16.5%
- Information Technology
- 12.0%
- Consumer Discretionary
- 10.6%
- Health Care
- 8.6%
- Energy
- 6.2%
- Real Estate
- 5.5%
- Utilities
- 5.0%
- Materials
- 4.8%
- Consumer Staples
- 3.4%
- Other
- 2.5%
- Cash
- 1.9%
- International
- 1.5%
- Communication Services
- 1.3%
How it has done
BBVSX share class · total returns with dividends reinvested
Volatility over the last 12 months: 12.47%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
Bridge Builder Small/Mid Cap Value Fund is an actively managed U.S. equity fund. 15% of BBVSX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 95% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.38%· BBVSX 0.38%
- Portfolio turnover
- 58.00% a year · as of 2025 Q4
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
36 new· the largest 8
52 exited· the largest 8
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
Understand how this fund fits with the rest.
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