DaveManuel.com · Institutional Ownership · Who Owns It
South Bow Corp (SOBO)
Institutional ownership reported to the SEC as of Q2 2026, across 8 quarters.
310
Reporting holders
$4.6B
Reported value
0.8%
Calls
0.2%
Puts
+6
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| FMR LLC | $771.3M | 21,894,771 | 0.03% | 7q | +126.4%+$430.6M |
| ROYAL BANK OF CANADA | $513.4M | 14,568,356 | 0.08% | 7q | -11.2%-$64.7M |
| Clearbridge Investments, LLC | $312.1M | 8,855,108 | 0.26% | 5q | +2.1%+$6.5M |
| VANGUARD CAPITAL MANAGEMENT LLC | $213.1M | 6,048,601 | 0.00% | 2q | +1.4%+$2.8M |
| BANK OF MONTREAL /CAN/ | $196.0M incl. $545.5K options CALL | 5,554,724 | 0.06% | 7q | -15.7%-$36.6M |
| PRICE T ROWE ASSOCIATES INC /MD/ | $184.8M | 5,244,591 | 0.02% | 7q | HELD |
| THORNBURG INVESTMENT MANAGEMENT INC | $131.0M | 3,721,332 | 1.25% | 6q | +2.4%+$3.1M |
| MACKENZIE FINANCIAL CORP | $126.7M | 2,535,573 | 0.13% | 7q | +410.9%+$101.9M |
| CIBC WORLD MARKET INC. | $119.8M | 3,403,902 | 0.19% | 7q | -1.0%-$1.2M |
| DIMENSIONAL FUND ADVISORS LP | $107.2M | 3,043,017 | 0.02% | 7q | +4.4%+$4.5M |
| Connor, Clark & Lunn Investment Management Ltd. | $97.8M | 2,779,943 | 0.19% | 7q | HELD |
| BANK OF AMERICA CORP /DE/ | $97.2M | 2,757,560 | 0.01% | 7q | +38.3%+$26.9M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $76.0M | 2,157,673 | 0.09% | 7q | -3.4%-$2.7M |
| AMERICAN CENTURY COMPANIES INC | $75.1M | 2,132,078 | 0.03% | 7q | +134.4%+$43.1M |
| TD Waterhouse Canada Inc. | $67.1M | 1,946,786 | 0.18% | 7q | +0.8%+$554.9K |
| VANGUARD FIDUCIARY TRUST CO | $65.0M | 1,844,124 | 0.01% | 2q | +1.2%+$769.6K |
| Legal & General Group Plc | $62.8M | 1,784,790 | 0.01% | 7q | +1.3%+$831.2K |
| GOLDMAN SACHS GROUP INC | $62.8M | 1,781,923 | 0.01% | 7q | +26.4%+$13.1M |
| SCOTIA CAPITAL INC. | $61.7M | 1,753,475 | 0.23% | 7q | -2.0%-$1.2M |
| TD Asset Management Inc | $58.0M | 1,648,279 | 0.05% | 7q | -30.6%-$25.6M |
| MORGAN STANLEY | $57.3M | 1,626,299 | 0.00% | 7q | +21.8%+$10.3M |
| Vanguard Global Advisers, LLC | $49.5M | 1,405,526 | 0.02% | 2q | +10.6%+$4.8M |
| Invesco Ltd. | $45.4M | 1,289,008 | 0.00% | 7q | -15.3%-$8.2M |
| TWO SIGMA INVESTMENTS, LP | $43.1M | 1,222,942 | 0.03% | 7q | -12.0%-$5.9M |
| D. E. Shaw & Co., Inc. | $42.5M incl. $2.8M options PUT | 1,127,006 | 0.02% | 7q | +154.5%+$25.8M |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $41.2M | 1,170,452 | 0.03% | 7q | -9.4%-$4.3M |
| Recurrent Investment Advisors LLC | $40.8M | 1,158,738 | 2.53% | 5q | HELD |
| BARCLAYS PLC | $39.8M | 1,129,454 | 0.01% | 7q | +20.7%+$6.8M |
| TORONTO DOMINION BANK | $39.2M incl. $4.0M options CALL+PUT | 999,798 | 0.05% | 7q | -10.3%-$4.5M |
| INTACT INVESTMENT MANAGEMENT INC. | $35.8M | 1,015,860 | 1.02% | 7q | -4.7%-$1.8M |
| WESTWOOD HOLDINGS GROUP INC | $35.4M | 1,004,618 | 0.27% | 7q | -15.7%-$6.6M |
| PORTLAND INVESTMENT COUNSEL INC. | $33.5M | 951,824 | 9.37% | 7q | -1.9%-$642.4K |
| TORTOISE CAPITAL ADVISORS, L.L.C. | $33.3M | 943,552 | 0.34% | 7q | -1.7%-$582.6K |
| GEODE CAPITAL MANAGEMENT, LLC | $33.0M | 849,366 | 0.00% | 7q | -3.4%-$1.2M |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT | $30.1M | 855,500 | 1.35% | 7q | -1.2%-$352.4K |
| Capital International Investors | $30.1M | 854,458 | 0.01% | 7q | -80.2%-$121.9M |
| Brookfield Corp /ON/ | $29.4M | 833,871 | 0.04% | 7q | +61.2%+$11.2M |
| NATIONAL BANK OF CANADA /FI/ | $27.8M incl. $9.1M options CALL+PUT | 536,100 | 0.02% | 7q | +9.1%+$2.3M |
| Boston Partners | $26.8M | 753,936 | 0.02% | 6q | -39.1%-$17.2M |
| NORGES BANK | $26.7M | 759,445 | 0.00% | 5q | -15.0%-$4.7M |
| Blackstone Inc. | $23.5M | 666,481 | 0.06% | 7q | -4.4%-$1.1M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $19.0M | 540,885 | 0.00% | 7q | +11.7%+$2.0M |
| MILLER HOWARD INVESTMENTS INC /NY | $17.5M | 496,936 | 0.46% | 7q | -5.8%-$1.1M |
| BlackRock, Inc. | $17.1M | 486,641 | 0.00% | 7q | +143.1%+$10.1M |
| JPMORGAN CHASE & CO | $15.9M | 442,837 | 0.00% | 7q | -42.5%-$11.7M |
| Swiss National Bank | $14.8M | 420,520 | 0.01% | 7q | +2.0%+$288.0K |
| CIBC Asset Management Inc | $13.3M | 379,616 | 0.03% | 7q | +11.6%+$1.4M |
| JANE STREET GROUP, LLC | $13.3M incl. $2.6M options CALL | 305,104 | 0.00% | 7q | +95.2%+$6.5M |
| Heathbridge Capital Management Ltd. | $11.9M | 338,000 | 4.06% | 5q | HELD |
| CITADEL ADVISORS LLC | $11.9M incl. $651.9K options CALL+PUT | 318,459 | 0.00% | 7q | -20.9%-$3.1M |
| Federation des caisses Desjardins du Quebec | $10.5M | 299,054 | 0.03% | 7q | -2.6%-$285.4K |
| FIL Ltd | $10.3M | 293,627 | 0.01% | 7q | HELD |
| SIG North Trading, ULC | $9.7M incl. $7.6M options CALL+PUT | 61,171 | 0.18% | 7q | -55.4%-$12.1M |
| UBS Group AG | $9.3M | 263,468 | 0.00% | 7q | +55.2%+$3.3M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | $9.0M | 257,021 | 0.06% | 7q | +44.4%+$2.8M |
| HITE Hedge Asset Management LLC | $9.0M | 255,184 | 0.49% | new | NEW |
| BANK OF NOVA SCOTIA | $8.3M | 235,511 | 0.01% | 7q | +5.7%+$445.5K |
| Maryland State Retirement & Pension System | $7.9M | 224,850 | 0.14% | 7q | -11.9%-$1.1M |
| Qube Research & Technologies Ltd | $7.8M | 220,419 | 0.01% | new | NEW |
| Alberta Investment Management Corp | $7.5M | 212,851 | 0.04% | 7q | -71.3%-$18.7M |
| Trexquant Investment LP | $7.2M | 205,082 | 0.04% | new | NEW |
| EXCHANGE TRADED CONCEPTS, LLC | $7.2M | 204,986 | 0.03% | 7q | -4.6%-$347.0K |
| PEAK6 LLC | $7.0M CALL | options only | 0.01% | 2q | OPTIONS |
| Treasurer of the State of North Carolina | $6.9M | 196,169 | 0.02% | new | NEW |
| Ruffer LLP | $6.3M | 179,920 | 0.22% | new | NEW |
| VANGUARD ASSET MANAGEMENT, Ltd | $6.3M | 178,759 | 0.00% | 2q | +13.3%+$741.3K |
| Purpose Unlimited Inc. | $6.3M | 177,796 | 0.24% | 3q | -9.2%-$633.9K |
| Ninepoint Partners LP | $6.2M | 175,000 | 0.47% | 5q | -30.0%-$2.6M |
| Vanguard Investments Australia, Ltd. | $5.6M | 159,293 | 0.01% | 2q | +1.8%+$97.9K |
| VAN ECK ASSOCIATES CORP | $5.6M | 158,350 | 0.00% | 7q | -11.0%-$688.0K |
| FRANKLIN RESOURCES INC | $5.4M | 154,597 | 0.00% | 7q | -7.7%-$454.5K |
| CANADA PENSION PLAN INVESTMENT BOARD | $5.4M | 154,400 | 0.00% | 7q | -93.3%-$75.5M |
| Nuveen, LLC | $5.3M | 151,270 | 0.00% | 6q | -2.8%-$153.3K |
| VIEWPOINT INVESTMENT PARTNERS CORP | $5.3M | 159,522 | 1.82% | 2q | HELD |
| Twin Tree Management, LP | $5.2M CALL+PUT | options only | 0.10% | 2q | OPTIONS |
| BCV Asset Management Inc. | $5.1M | 141,527 | 0.15% | 2q | +5.9%+$282.0K |
| HRT FINANCIAL LP | $5.0M | 140,734 | 0.01% | 4q | +70.8%+$2.1M |
| TCW GROUP INC | $4.5M | 128,100 | 0.03% | 6q | +2.4%+$105.7K |
| Triasima Portfolio Management inc. | $4.5M | 127,160 | 0.60% | 7q | +12.1%+$482.4K |
| Moors & Cabot, Inc. | $4.5M | 126,835 | 0.17% | 7q | HELD |
| Man Group plc | $4.4M | 124,726 | 0.01% | 3q | -47.3%-$4.0M |
| 1832 Asset Management L.P. | $4.1M | 116,281 | 0.00% | 7q | +0.8%+$32.1K |
| Catalyst Capital Advisors LLC | $4.0M | 114,629 | 0.07% | 7q | -5.8%-$248.4K |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $4.0M incl. $2.4M options CALL | 46,372 | 0.00% | 7q | +286.7%+$3.0M |
| MILLENNIUM MANAGEMENT LLC | $3.9M | 111,843 | 0.00% | 5q | -49.7%-$3.9M |
| SIMPLEX TRADING, LLC | $3.8M CALL | options only | 0.00% | 6q | OPTIONS |
| Capital World Investors | $3.7M | 105,426 | 0.00% | 2q | -3.8%-$145.8K |
| XTX Topco Ltd | $3.5M | 98,168 | 0.04% | new | NEW |
| NORTHERN TRUST CORP | $3.3M | 93,119 | 0.00% | 7q | -2.3%-$78.6K |
| Ausbil Investment Management Ltd | $3.3M | 92,771 | 1.48% | 6q | -12.9%-$482.2K |
| &PARTNERS | $3.2M | 91,746 | 0.01% | 7q | +5.8%+$177.6K |
| ENVESTNET ASSET MANAGEMENT INC | $3.1M | 89,117 | 0.00% | 7q | +6.9%+$202.6K |
| Police & Firemen's Retirement System of New Jersey | $2.8M incl. $2.8M options OPT | 79,028 | 0.02% | 6q | +3.9%+$105.4K |
| RENAISSANCE TECHNOLOGIES LLC | $2.7M | 76,680 | 0.00% | 2q | +119.8%+$1.5M |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | $2.6M | 73,867 | 0.01% | 7q | +10.7%+$252.0K |
| Schonfeld Strategic Advisors LLC | $2.5M | 71,366 | 0.01% | 5q | +64.7%+$987.6K |
| Russell Investments Group, Ltd. | $2.5M | 71,305 | 0.00% | 7q | -14.0%-$408.2K |
| COMMONWEALTH EQUITY SERVICES, LLC | $2.5M | 70,993 | 0.00% | 7q | -0.6%-$14.9K |
| Amundi | $2.5M | 70,888 | 0.00% | 2q | +696.5%+$2.2M |
| LAZARD ASSET MANAGEMENT LLC | $2.3M | 64,006 | 0.00% | 2q | HELD |
Showing the largest 100 of 310 reported holders.
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 75 | $151.3M | 4,557,206 | 6 | 13 | 19 | 0.0% |
| Q2 2026 | 310 | $4.6B | 129,172,161 | 33 | 85 | 88 | 1.1% |
| Q1 2026 | 304 | $4.5B | 132,230,206 | 48 | 80 | 75 | 1.3% |
| Q4 2025 | 284 | $3.6B | 127,574,348 | 25 | 86 | 82 | 2.0% |
| Q3 2025 | 294 | $3.9B | 139,744,467 | 29 | 90 | 76 | 0.9% |
| Q2 2025 | 289 | $4.6B | 174,799,061 | 31 | 62 | 105 | 0.5% |
| Q1 2025 | 301 | $4.0B | 154,686,866 | 68 | 83 | 74 | 0.9% |
| Q4 2024 | 286 | $3.6B | 141,875,455 | 277 | 0 | 0 | 5.9% |