Bridge Builder Tax Managed Large Cap Fund

Bridge Builder Trust · 1 share class

U.S. equity index fund
One fund, 1 share class:BBTLX
$8.33B NAV
380 positions · as of 2026-06-30 · filed 2026-08-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

Bridge Builder Tax Managed Large Cap Fund is a U.S. equity index fund that tracks the S&P 500 Growth Index. 24% of BBTLX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 96% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Index (passive)
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2025 Q4

The investment objective of Bridge Builder Tax Managed Large Cap Fund (the Fund or the Large Cap Fund) is to seek to provide a tax-efficient investment return consisting of capital appreciation.

Strategy · summarised

The fund allocates its assets among four sub-advisers—Barrow Hanley, ClearBridge, Parametric, and T. Rowe Price—each of which constructs a model portfolio according to its own strategy: Barrow Hanley selects undervalued companies with above-market dividend yields; ClearBridge emphasizes blue-chip growth and value stocks; Parametric manages a direct indexing strategy tracking the S&P 500 Growth and Value indices for tax efficiency; and T. Rowe Price focuses on growth companies with sustained earnings momentum. Parametric, serving as overlay manager, aggregates these models into the fund's actual portfolio and applies tax management techniques including tax loss harvesting and capital gain deferral, with authority to vary from the models for tax efficiency and risk management. The fund does not hedge currency exposure from foreign securities, though sub-advisers may consider currency risk in their processes. Because the fund's performance depends on the security selections and model portfolios provided by its sub-advisers, divergence from any sub-adviser's intended strategy could affect results.

Expenses
0.23%one share class
Share classGrossNet
BBTLX0.46%0.23%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 31.00% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

99.87%
of net assets
Stocks96.93%
Real assets1.99%
Cash & short-term0.95%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Information Technology31.1%
Financials13.3%
Communication Services10.8%
Health Care9.4%
10 smaller35.5%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
24%of stock holdings in top-quartile growers
covering 96% of the fund’s equity
Earnings growth
28%of stock holdings in top-quartile growers
covering 87% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 26 new26 exited

Largest new: CCL, DD, HONA, SPCX, MEDP, LULU, ELV, HEI

Largest exited: CARNIVAL CORP, ELAN, SNY, DUPONT DE NEMOURS INC, CTSH, UNILEVER PLC-SPONSORED ADR, BAX, TER

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+27.18%
3-year
+74.71%
5-year
49 of 60 months
Volatility
12.42%
Worst 3-yr fall
-8.16%
Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
NVIDIA CORPNVDA7.15%$595.31M
ALPHABET INC-CL AGOOGL5.33%$443.89M
APPLE INCAAPL4.44%$369.30M
BROADCOM INCAVGO2.71%$225.70M
MICROSOFT CORPMSFT2.70%$225.09M
AMAZON.COM INCAMZN2.13%$177.11M
ALPHABET INC-CL CGOOG1.99%$166.00M
ELI LILLY & COLLY1.84%$153.48M
VISA INC-CLASS A SHARESV1.58%$131.82M
META PLATFORMS INC-CLASS AMETA1.38%$114.64M
Showing 10 of 380Sign in to see more

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.

Top 10 positions are 31.26% of net assets, top 25 45.99%, across 380 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

Sign in free