undamentalytics Newsletter

Sally Beauty Holdings, Inc.: which funds bought and sold

Institutions that bought and sold Sally Beauty Holdings shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 118 institutions that filed 13F reports for both quarters added to or opened positions in Sally Beauty Holdings, and 130 cut or closed them. Together they added a net 296K shares, +0.3% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 491K shares (+1.4%); index fund managers were net buyers of 1.1M shares (+3.0%). 32 opened a new position and 43 sold out entirely.

Bought, Q2 2026 118 institutions, 32 of them new holders Sold, Q2 2026 130 institutions, 43 of them sold out
Net change, all compared +296K shares (+0.3%)
Net change, active managers +491K shares (+1.4%), 20 bought, 27 sold

Buyers versus sellers

institutions compared, 288
Active managers and hedge funds 20 bought · 27 sold · +491K
Index fund managers 8 bought · 4 sold · +1.1M
Other institutions 90 bought · 99 sold · −1.3M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Geode Capital Management, LLC Index funds +718K +28.3% 3.3M $46.1M
Cambria Investment Management, L.P. +678K +3445.3% 698K $9.9M
Blackrock, Inc. Index funds +606K +4.0% 15.8M $223M
Marshall Wace, LLP Hedge fund +602K +109.2% 1.2M $16.3M
LSV Asset Management Active manager +578K +14.9% 4.5M $63M
Ranmore Fund Management Ltd +568K +23.4% 3.0M $42.4M
American Century Companies Inc Active manager +535K +18.9% 3.4M $47.7M
Victory Capital Management Inc Active manager +253K +8.3% 3.3M $46.9M
Qube Research & Technologies Ltd Hedge fund +249K +122.4% 453K $6.4M
Woodline Partners LP Hedge fund +245K +254.2% 342K $4.8M
Invesco Ltd. +185K +16.0% 1.3M $19M
Dimensional Fund Advisors LP +182K +3.1% 6.1M $85.6M
Capital Fund Management S.A. Hedge fund +178K +672.6% 205K $2.9M
D. E. Shaw & Co., Inc. Hedge fund +177K +6.4% 2.9M $41.5M
Swedbank AB +171K New position 171K $2.4M
Csm Advisors, LLC +155K +22.7% 837K $11.8M
Creative Planning +149K +92.7% 310K $4.4M
Vanguard Portfolio Management LLC Index funds +130K +2.1% 6.4M $90.9M
Landscape Capital Management, L.L.C. +127K New position 127K $1.8M
Armistice Capital, LLC Hedge fund +126K New position 126K $1.8M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Goldman Sachs Group Inc −1.2M −32.2% 2.5M $34.7M
Arrowstreet Capital, Limited Partnership Hedge fund −925K −82.9% 191K $2.7M
Public Sector Pension Investment Board −750K −56.9% 569K $8M
Charles Schwab Investment Management Inc Index funds −409K −16.8% 2.0M $28.6M
Squarepoint Ops LLC Hedge fund −403K −51.8% 375K $5.3M
Lazard Asset Management LLC Active manager −310K −95.8% 14K $191,526
Vista Investment Partners LLC −284K Sold out 0 —
Bank Of America Corp −235K −61.1% 150K $2.1M
Bridgewater Associates, LP Hedge fund −229K Sold out 0 —
Bronte Capital Management Pty Ltd. −221K Sold out 0 —
Hussman Strategic Advisors, Inc. −210K Sold out 0 —
Teacher Retirement System Of Texas −193K −53.9% 165K $2.3M
Segall Bryant & Hamill, LLC Active manager −183K Sold out 0 —
UBS Group AG −181K −24.6% 554K $7.8M
Vista Investment Partners Ii, LLC −135K −84.9% 24K $339,911
Picton Mahoney Asset Management −132K Sold out 0 —
Jackson Creek Investment Advisors LLC −121K Sold out 0 —
Graham Capital Management, L.P. Hedge fund −115K Sold out 0 —
Integrated Quantitative Investments LLC −115K Sold out 0 —
BNP Paribas Financial Markets −100K −79.6% 26K $361,220

New positions

largest by value
InstitutionSharesValue June 30, 2026
Swedbank AB 171K $2.4M
Landscape Capital Management, L.L.C. 127K $1.8M
Armistice Capital, LLCHedge fund 126K $1.8M
Cinctive Capital Management LPHedge fund 91K $1.3M
Mountain Lake Investment Management LLC 64K $898,625
Jump Financial, LLC 54K $763,560
Summittx Capital, L.P. 53K $747,030
Mitsubishi Ufj Trust & Banking Corp 49K $692,917
Foster & Motley Inc 26K $374,000
Group One Trading LLC 24K $339,247

Sold out

largest by value

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
248
Ten largest holders
53.7%
of 13F-reported shares
Index fund managers
36.9%
of 13F-reported shares
Active managers and hedge funds
33.3%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 20 27 2 10 +491K +1.4%
Index fund managers 8 4 0 0 +1.1M +3.0%
Other institutions 90 99 30 33 −1.3M −4.1%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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