undamentalytics Newsletter

South Bow Corp: which funds bought and sold

Institutions that bought and sold South Bow 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, 121 institutions that filed 13F reports for both quarters added to or opened positions in South Bow, and 120 cut or closed them. Together they sold a net 3.8M shares, −2.9% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 216K shares (−0.4%); index fund managers were net buyers of 417K shares (+4.4%). 31 opened a new position and 29 sold out entirely.

Bought, Q2 2026 121 institutions, 31 of them new holders Sold, Q2 2026 120 institutions, 29 of them sold out
Net change, all compared −3.8M shares (−2.9%)
Net change, active managers −216K shares (−0.4%), 16 bought, 23 sold

Buyers versus sellers

institutions compared, 323
Active managers and hedge funds 16 bought · 23 sold · −216K
Index fund managers 6 bought · 3 sold · +417K
Other institutions 99 bought · 94 sold · −4.0M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
FMR LLC Active manager +12.2M +126.4% 21.9M $771M
Mackenzie Financial Corp +2.0M +410.9% 2.5M $127M
American Century Companies Inc Active manager +1.2M +134.4% 2.1M $75.1M
Bank Of America Corp +764K +38.3% 2.8M $97.2M
D. E. Shaw & Co., Inc. Hedge fund +684K +154.5% 1.1M $39.7M
Goldman Sachs Group Inc +372K +26.4% 1.8M $62.8M
Brookfield Corp +317K +61.2% 834K $29.4M
Morgan Stanley +292K +21.8% 1.6M $57.3M
Blackrock, Inc. Index funds +286K +143.1% 487K $17.1M
Hite Hedge Asset Management LLC +255K New position 255K $9M
Qube Research & Technologies Ltd Hedge fund +220K New position 220K $7.8M
Trexquant Investment LP Hedge fund +205K New position 205K $7.2M
Treasurer Of The State Of North Carolina +196K New position 196K $6.9M
Barclays PLC +193K +20.7% 1.1M $39.8M
Clearbridge Investments, LLC Active manager +185K +2.1% 8.9M $312M
Ruffer LLP Active manager +180K New position 180K $6.3M
Jane Street Group, LLC +149K +95.2% 305K $10.7M
Vanguard Global Advisers, LLC +135K +10.6% 1.4M $49.5M
Dimensional Fund Advisors LP +128K +4.4% 3.0M $107M
Xtx Topco Ltd +98K New position 98K $3.5M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Capital Research Global Investors Active manager −10.3M Sold out 0 —
Capital International Investors Active manager −3.5M −80.2% 854K $30.1M
Canada Pension Plan Investment Board −2.1M −93.3% 154K $5.4M
Royal Bank Of Canada −1.8M −11.2% 14.6M $513M
Murchinson Ltd. −1.7M Sold out 0 —
Bank Of Montreal −1.0M −15.7% 5.6M $195M
TD Asset Management Inc −727K −30.6% 1.6M $58M
Alberta Investment Management Corp −530K −71.3% 213K $7.5M
Boston Partners Active manager −485K −39.1% 754K $26.8M
Jpmorgan Chase & Co −327K −42.5% 443K $15.9M
Invesco Ltd. −234K −15.3% 1.3M $45.4M
Westwood Holdings Group Inc Active manager −187K −15.7% 1.0M $35.4M
Two Sigma Investments, LP Hedge fund −166K −12.0% 1.2M $43.1M
Manufacturers Life Insurance Company, The −122K −9.4% 1.2M $41.2M
Quadrature Capital Ltd Hedge fund −120K Sold out 0 —
Toronto Dominion Bank −115K −10.3% 1000K $35.2M
Man Group PLC Hedge fund −112K −47.3% 125K $4.4M
Millennium Management LLC Hedge fund −111K −49.7% 112K $3.9M
Capital International Sarl −96K −76.0% 30K $1.1M
Citadel Advisors LLC Hedge fund −84K −20.9% 318K $11.2M

New positions

largest by value
InstitutionSharesValue June 30, 2026
Hite Hedge Asset Management LLC 255K $9M
Qube Research & Technologies LtdHedge fund 220K $7.8M
Trexquant Investment LPHedge fund 205K $7.2M
Treasurer Of The State Of North Carolina 196K $6.9M
Ruffer LLPActive manager 180K $6.3M
Xtx Topco Ltd 98K $3.5M
Entropy Technologies, LP 30K $1M
Spark Investment Management LLC 17K $598,261
Dv Trading LLC 13K $444,024
Dynamic Technology Lab Private Ltd 9,483 $335,000

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Capital Research Global InvestorsActive manager 10.3M $342M
Murchinson Ltd. 1.7M $57.5M
Quadrature Capital LtdHedge fund 120K $4M
Capital International Ltd 67K $2.2M
Capital International, Inc.Active manager 41K $1.4M
Axq Capital, LP 22K $744,236
Simplex Trading, LLC 15K $505,864
Capital Group Investment Management Pte. Ltd. 15K $500,721
Arrowstreet Capital, Limited PartnershipHedge fund 12K $401,106
State Of Wisconsin Investment Board 12K $388,665

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
298
Ten largest holders
58.2%
of 13F-reported shares
Index fund managers
7.7%
of 13F-reported shares
Active managers and hedge funds
38.0%
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 16 23 3 6 −216K −0.4%
Index fund managers 6 3 0 0 +417K +4.4%
Other institutions 99 94 28 23 −4.0M −5.5%

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.

← Back to South Bow Corp · Insiders · Politicians