Ballard Power Systems Inc.
CH ˙ SWX ˙ CA0585861085
DETTE SYMBOL ER IKKE LÆNGERE AKTIVT
SecurityCH:BLD / Ballard Power Systems Inc.
InstitutionDeutsche Bank Ag\
Latest Disclosed Ownership10,419 shares
Latest Disclosed Value $ 25,214
Deutsche Bank Ag\ reports 45.60% increase in ownership of BLD / Ballard Power Systems Inc.

On May 6, 2026 - Deutsche Bank Ag\ filed a 13F-HR form disclosing ownership of 10,419 shares of Ballard Power Systems Inc. (CH:BLD) valued at $25,214 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 11, 2026 disclosing 7,156 shares of Ballard Power Systems Inc.. This represents a change in shares of 45.60% during the quarter.

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.

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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)
2026-05-06 2026-03-31 13F BALLARD PWR SYS INC COM 058586108 10,419 3,263 45.60 25 38.89 0.0000
2026-02-11 2025-12-31 13F BALLARD PWR SYS INC COM 058586108 7,156 7,156 18 0.0000
2025-08-12 2025-06-30 13F BALLARD PWR SYS INC COM 058586108 0 -33,488 -100.00 0 -100.00
2025-05-09 2025-03-31 13F BALLARD PWR SYS INC COM 058586108 33,488 1,154 3.57 37 -32.08 0.0000
2025-06-30 2024-12-31 13F/A-1 BALLARD PWR SYS INC COM 058586108 32,334 1,234 3.97 54 -3.64 0.0000
2025-02-14 2024-12-31 13F BALLARD PWR SYS INC COM 058586108 32,334 1,234 54 0.0000
2025-06-26 2024-09-30 13F/A-1 BALLARD PWR SYS INC COM 058586108 31,100 6,152 24.66 56 -1.79 0.0000
2024-11-13 2024-09-30 13F BALLARD PWR SYS INC COM 058586108 31,100 6,152 56 0.0000
2025-06-12 2024-06-30 13F/A-1 BALLARD PWR SYS INC COM 058586108 24,948 -117 -0.47 56 -18.84 0.0000
2024-08-14 2024-06-30 13F BALLARD PWR SYS INC COM 058586108 24,948 -117 56 0.0000
2025-06-02 2024-03-31 13F/A-1 BALLARD PWR SYS INC COM 058586108 25,065 11,637 86.66 70 40.82 0.0000
2024-05-15 2024-03-31 13F BALLARD PWR SYS INC COM 058586108 25,065 11,637 70 0.0000
2024-02-14 2023-12-31 13F BALLARD PWR SYS INC COM 058586108 13,428 369 2.83 50 4.26 0.0000
2023-11-24 2023-09-30 13F/A-1 BALLARD PWR SYS INC COM 058586108 13,059 6,373 95.32 48 62.07 0.0000
2023-11-09 2023-09-30 13F BALLARD PWR SYS INC COM 058586108 13,059 6,373 48 0.0000
2023-08-14 2023-06-30 13F BALLARD PWR SYS INC COM 058586108 6,686 161 2.47 29 -19.44 0.0000
2023-05-15 2023-03-31 13F BALLARD PWR SYS INC COM 058586108 6,525 -8,185 -55.64 36 -48.57 0.0000
2023-02-13 2022-12-31 13F BALLARD PWR SYS INC COM 058586108 14,710 14,010 2,001.43 70 1,650.00 0.0000
2022-11-14 2022-09-30 13F BALLARD PWR SYS INC COM 058586108 700 0 0.00 4 0.00 0.0000
2022-08-11 2022-06-30 13F BALLARD PWR SYS INC COM 058586108 700 -313,840 -99.78 4 -99.89 0.0000
2022-05-13 2022-03-31 13F BALLARD PWR SYS INC COM 058586108 314,540 4,449 1.43 3,661 -6.01 0.0017
2022-02-16 2021-12-31 13F/A-1 BALLARD PWR SYS INC COM 058586108 310,091 19,791 6.82 3,895 -4.53 0.0018
2022-02-11 2021-12-31 13F BALLARD PWR SYS INC COM 058586108 310,091 19,791 3,895 0.0002
2021-11-04 2021-09-30 13F BALLARD PWR SYS INC COM 058586108 290,300 16,874 6.17 4,080 -17.66 0.0019
2021-08-11 2021-06-30 13F BALLARD PWR SYS INC COM 058586108 273,426 123,232 82.05 4,955 35.53 0.0024
2021-05-13 2021-03-31 13F BALLARD PWR SYS INC COM 058586108 150,194 139,646 1,323.91 3,656 1,386.18 0.0020
2021-02-16 2020-12-31 13F BALLARD PWR SYS INC COM 058586108 10,548 -23,932 -69.41 246 -52.87 0.0002
2020-11-12 2020-09-30 13F BALLARD PWR SYS INC COM 058586108 34,480 -71,110 -67.35 522 -67.90 0.0004
2020-08-13 2020-06-30 13F BALLARD PWR SYS INC COM 058586108 105,590 92,815 726.54 1,626 1,576.29 0.0012
2020-05-14 2020-03-31 13F BALLARD PWR SYS INC COM 058586108 12,775 12,135 1,896.09 97 2,325.00 0.0001
2020-02-14 2019-12-31 13F BALLARD PWR SYS INC COM 058586108 640 -47,584 -98.67 4 -98.30 0.0000
2019-11-14 2019-09-30 13F BALLARD PWR SYS INC COM 058586108 48,224 47,882 14,000.58 235 23,400.00 0.0002
2019-08-14 2019-06-30 13F BALLARD PWR SYS INC COM 058586108 342 -314 -47.87 1 0.00 0.0000
2019-05-15 2019-03-31 13F BALLARD PWR SYS INC COM 058586108 656 310 89.60 1 0.0000
2019-04-01 2018-12-31 13F/A-1 BALLARD PWR SYS INC COM 058586108 346 -99,992 -99.66 0 -100.00
2019-02-14 2018-12-31 13F BALLARD PWR SYS INC COM 058586108 346 -99,914 0
2021-12-21 2018-09-30 13F/A-1 BALLARD PWR SYS INC COM 058586108 100,338 -15,269 -13.21 431 30.61 0.0002
2018-11-14 2018-09-30 13F BALLARD PWR SYS INC COM 058586108 100,260 -15,347 430 0.0003
2020-04-21 2018-06-30 13F/A-1 BALLARD PWR SYS INC COM 058586108 115,607 -3,101 -2.61 330 -21.43 0.0002
2018-08-14 2018-06-30 13F BALLARD PWR SYS INC COM 058586108 102,457 -16,251 291 193.2815
2019-10-23 2018-03-31 13F/A-2 BALLARD PWR SYS INC COM 058586108 118,708 18,319 18.25 420 -4.76 0.0002
2019-10-18 2018-03-31 13F/A-1 BALLARD PWR SYS INC COM 058586108 118,708 0 420 0.0002
2018-05-15 2018-03-31 13F BALLARD PWR SYS INC COM 058586108 105,655 5,266 374
2018-02-14 2017-12-31 13F BALLARD PWR SYS INC COM 058586108 100,389 -95,393 -48.72 441 -51.86 0.0003
2017-11-14 2017-09-30 13F BALLARD PWR SYS INC COM 058586108 195,782 -30,584 -13.51 916 39.85 0.0006
2017-08-11 2017-06-30 13F BALLARD PWR SYS INC COM 058586108 226,366 97,666 75.89 655 129.82 0.0005
2017-05-15 2017-03-31 13F BALLARD PWR SYS INC COM 058586108 128,700 53,277 70.64 285 129.84 0.0002
2017-02-14 2016-12-31 13F BALLARD PWR SYS INC COM 058586108 75,423 -630,779 -89.32 124 -92.05 0.0001
2016-11-14 2016-09-30 13F BALLARD PWR SYS INC COM 058586108 706,202 509,088 258.27 1,560 536.73 0.0011
2016-08-15 2016-06-30 13F BALLARD PWR SYS INC COM 058586108 197,114 165,258 518.77 245 456.82 0.0002
2016-05-16 2016-03-31 13F BALLARD PWR SYS INC COM 058586108 31,856 -98,865 -75.63 44 -78.22 0.0000
2016-02-16 2015-12-31 13F BALLARD PWR SYS INC COM 058586108 130,721 130,721 0.00 202 0.0001
2015-11-17 2015-09-30 13F BALLARD PWR SYS INC COM 058586108 0 -106 -100.00 0 0.0000
2015-08-12 2015-06-30 13F BALLARD PWR SYS INC COM 058586108 106 -3,499 -97.06 0 -100.00
2015-05-15 2015-03-31 13F BALLARD PWR SYS INC COM 058586108 3,605 -37,588 -91.25 7 -91.36 0.0000
2015-02-13 2014-12-31 13F BALLARD PWR SYS INC COM 058586108 41,193 15,893 62.82 81 0.00 0.0000
2014-11-14 2014-09-30 13F BALLARD PWR SYS INC COM 058586108 25,300 0 0.00 81 -22.12 0.0001
2014-08-15 2014-06-30 13F BALLARD PWR SYS INC COM 058586108 25,300 -12,460 -33.00 104 -36.97 0.0001
2014-05-15 2014-03-31 13F BALLARD PWR SYS INC COM 058586108 37,760 560 1.51 165 194.64 0.0001
2014-02-24 2013-12-31 13F/A-1 BALLARD PWR SYS INC COM 058586108 37,200 18,100 94.76 56 69.70 0.0000
2014-02-18 2013-12-31 13F BALLARD PWR SYS INC COM 058586108 37,200 56
2013-11-18 2013-09-30 13F BALLARD PWR SYS INC COM 058586108 19,100 19,100 33 0.0000
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.