South BowSOBO

13F holders, Q3 2025 (September 30)
292holders +4
28new positions
25sold out
4famous investors
$27.97avg. 13F price*

At the end of Q3 2025, 292 institutions reported holding South Bow Corp. (SOBO) in their 13F filings, up 4 from Q2 2025. 28 opened new positions and 25 sold out. The largest holders were Royal Bank of Canada ($639.0M), Capital International Investors ($435.4M) and FMR LLC ($386.3M). 4 famous investors held it, including Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio), David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).

Company
South Bow Corp.
CUSIP
83671M105
Latest filing quarter
Q2 2026

History

Number of 13F holders

0100200300400 Q4 2024: 285Q4 2024Q1 2025: 299Q1 2025Q2 2025: 288Q2 2025Q3 2025: 292Q3 2025Q4 2025: 281Q4 2025Q1 2026: 302Q1 2026Q2 2026: 304Q2 2026

Total Exit/New Position Q2 2025 → Q3 2025

InstitutionsTotal Value
New Positions28$6.5M
Exits25$60.5M

All 13F filers, Q2 2025 → Q3 2025: 15,099,246 shares bought and 18,746,492 shares sold, net −3,647,246 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 292 holders

Royal Bank of Canada 0.11% Reduce -7.9% 22,586,399 $639.0M
Capital International Investors 0.07% Reduce -0.1% 15,388,313 $435.4M
FMR LLC 0.02% Add +2.0% 13,653,205 $386.3M
T. Rowe Price Associates Inc. 0.03% Reduce -28.7% 9,132,402 $258.4M
Vanguard Group Inc. 0.00% Add +2.5% 8,549,218 $241.9M
Clearbridge Investments, LLC 0.15% Add +66970.2% 7,053,101 $199.5M
Bank of Montreal 0.05% Add +0.3% 6,158,380 $125.2M
Cibc World Market Inc. 0.19% Add +1.5% 3,194,578 $90.4M
Bank of America Corp. 0.01% Add +5.0% 2,352,405 $66.5M
Goldman Sachs Group Inc. 0.01% Reduce -65.9% 2,296,908 $65.0M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.10% Reduce -5.8% 2,178,606 $61.6M
Blackstone Inc. 0.26% Reduce -44.5% 2,170,409 $61.4M
Legal & General Group Plc 0.01% Reduce -4.6% 2,053,512 $58.1M
Thornburg Investment Management Inc. 0.74% Add +20.6% 1,997,301 $56.5M
Healthcare of Ontario Pension Plan Trust Fund 0.10% Add +4.3% 1,950,000 $55.2M
Scotia Capital Inc. 0.21% Add +1.9% 1,797,254 $50.4M
TD Asset Management Inc 0.04% Add +15.7% 1,696,527 $48.0M
Recurrent Investment Advisors LLC 3.49% Add +0.1% 1,605,964 $45.6M
Morgan Stanley 0.00% Add +106.1% 1,549,040 $43.8M
Dimensional Fund Advisors LP 0.01% Add +53.4% 1,549,120 $43.8M
CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 2.46% Add +0.3% 1,530,500 $43.3M
Invesco Ltd. 0.01% Reduce -3.3% 1,506,939 $42.6M
Manufacturers Life Insurance Company, The 0.03% Add +1.9% 1,409,270 $39.9M
Canada Pension Plan Investment Board 0.03% Reduce -21.5% 1,335,000 $37.8M
Boston Partners 0.04% Reduce -11.8% 1,330,362 $37.7M
Brookfield Corp 0.04% Add +3421368.4% 1,300,158 $36.8M
TD Waterhouse Canada Inc. 0.23% Add +1.6% 1,242,298 $34.6M
Connor, Clark & Lunn Investment Management Ltd. 0.10% Add +12.9% 1,118,632 $31.6M
Westwood Holdings Group Inc. 0.21% Reduce -6.0% 1,043,039 $29.5M
American Century Companies Inc. 0.01% Add +467.7% 959,031 $27.1M
Tortoise Capital Advisors, L.L.C. 0.34% Add +1.2% 942,828 $26.7M
Intact Investment Management Inc. 0.69% Add +0.7% 806,260 $22.8M
Qube Research & Technologies Ltd 0.03% Add +485.9% 784,565 $22.2M
Barclays PLC 0.01% Reduce -10.6% 778,426 $22.0M
Two Sigma Investments, LP 0.04% Add +421.9% 770,910 $21.8M
Miller Howard Investments Inc. 0.66% Add +2.2% 763,017 $21.6M
Portland Investment Counsel Inc. 5.82% Reduce -24.4% 751,044 $21.3M
Toronto Dominion Bank 0.04% Reduce -27.2% 695,753 $19.7M
Pictet Asset Management Holding SA 0.02% Add +0.5% 598,869 $16.9M
National Bank of Canada 0.02% Reduce -13.0% 518,299 $14.4M
Quadrature Capital Ltd 0.16% Add +669.4% 467,000 $13.2M
Charles Schwab Investment Management Inc. 0.00% Add +4.8% 441,987 $12.5M
Two Sigma Advisers, LP 0.02% Add +242.3% 415,500 $11.8M
Swiss National Bank 0.01% Add +1.6% 407,120 $11.5M
Bornite Capital Management LP 1.05% No change 400,000 $11.3M
D. E. Shaw & Co. 0.01% Add +449.6% 344,232 $9.7M
Jane Street Group, LLC 0.01% Reduce -3.3% 313,567 $8.9M
CIBC Asset Management Inc 0.03% Add +2.9% 312,562 $8.8M
Federation des caisses Desjardins du Quebec 0.03% Add +9.4% 307,460 $8.6M
Mackenzie Financial Corp. 0.01% Reduce -41.5% 286,459 $8.1M
Ninepoint Partners LP 1.08% Reduce -8.1% 275,600 $7.8M
FIL Ltd 0.01% No change 270,627 $7.7M
Maryland State Retirement & Pension System 0.15% Reduce -0.5% 252,414 $7.1M
Bank of Nova Scotia 0.01% Reduce -89.3% 251,042 $7.1M
Renaissance Technologies 0.01% Add +46.0% 239,180 $6.8M
Exchange Traded Concepts, LLC 0.06% Reduce -5.6% 209,459 $5.9M
Heathbridge Capital Management Ltd. 2.23% Reduce -0.9% 205,800 $5.8M
Geode Capital Management, LLC 0.00% Add +18.6% 204,637 $5.8M
Catalyst Capital Advisors LLC 0.12% Reduce -9.2% 203,969 $5.8M
Rakuten Investment Management, Inc. 0.02% — 25,086 $5.7M
BlackRock, Inc. 0.00% Add +17.0% 187,236 $5.3M
Alberta Investment Management Corp 0.04% Add +22.7% 182,028 $5.1M
Trexquant Investment LP 0.05% Add +116.4% 157,641 $4.5M
Nuveen, LLC 0.00% No change 155,622 $4.4M
Capital International Sarl 0.07% Add +21.4% 146,090 $4.1M
Van Eck Associates Corp. 0.00% Reduce -27.6% 131,434 $3.7M
TCW Group Inc. 0.03% Add +9.9% 123,700 $3.5M
Moors & Cabot, Inc. 0.15% Add +1.7% 122,451 $3.5M
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.02% Reduce -4.0% 121,350 $3.4M
Franklin Resources Inc. 0.00% Add +29.6% 121,046 $3.4M
JPMorgan Chase & Co. 0.00% Add +204.1% 118,991 $3.4M
UBS Group AG 0.00% Reduce -39.8% 117,980 $3.3M
Capital Group Private Client Services, Inc. 0.06% Reduce -47.6% 117,307 $3.3M
Russell Investments Group, Ltd. 0.00% Add +1.6% 114,326 $3.2M
Triasima Portfolio Management inc. 0.48% Reduce -3.7% 112,585 $3.2M
Northern Trust Corp. 0.00% Reduce -18.5% 109,556 $3.1M
Ausbil Investment Management Ltd 1.59% Reduce -16.4% 106,483 $3.0M
Neuberger Berman Group LLC 0.00% Add +0.7% 103,628 $2.9M
Deutsche Bank AG 0.00% Add +0.3% 100,417 $2.8M
1832 Asset Management L.P. 0.00% Add +4.1% 98,222 $2.8M
Quantbot Technologies LP 0.07% Reduce -25.0% 97,160 $2.7M
Voloridge Investment Management, LLC 0.01% Reduce -48.2% 80,602 $2.3M
Commonwealth Equity Services, LLC 0.00% Add +3.2% 71,037 $2.0M
HighTower Advisors, LLC 0.00% Add +8.1% 67,862 $1.9M
Heronetta Management, L.P. 0.99% No change 46,497 $1.8M
Public Employees Retirement System of Ohio 0.01% Add +0.3% 61,434 $1.7M
Vident Advisory, LLC 0.02% Reduce -15.7% 58,276 $1.6M
Capital International Ltd. 0.06% Add +6.6% 55,417 $1.6M
Raymond James Financial Inc. 0.00% Reduce -4.8% 55,019 $1.6M
XTX Topco Ltd 0.08% Reduce -36.0% 52,751 $1.5M
Greenline Partners, LLC 0.17% Reduce -4.1% 50,083 $1.4M
Millennium Management 0.00% Add +4.9% 44,497 $1.3M
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% Reduce -10.4% 39,790 $1.1M
Oppenheimer & Co. Inc. 0.01% Add +20.5% 39,595 $1.1M
Schonfeld Strategic Advisors LLC 0.01% Add +95.7% 38,434 $1.1M
LPL Financial LLC 0.00% Add +20.6% 37,884 $1.1M
Capstone Investment Advisors, LLC 0.01% New 37,116 $1.1M
Capital International, Inc. 0.01% Add +8.9% 36,726 $1.0M
Steadtrust LLC 0.66% Reduce -0.6% 34,490 $976K
CenterBook Partners LP 0.05% Reduce -28.1% 32,308 $914K
Alps Advisors Inc. 0.01% Add +96.0% 31,593 $894K
Aigen Investment Management, LP 0.14% Add +54.7% 22,339 $880K
Alliancebernstein L.P. 0.00% Reduce -27.1% 29,781 $843K
Principal Financial Group Inc. 0.00% Add +11.8% 28,454 $805K
Creative Planning 0.00% Add +0.9% 28,184 $797K
Silvercrest Asset Management Group LLC 0.01% Reduce -13.5% 27,131 $768K
Agf Management Ltd. 0.00% Reduce -20.9% 26,739 $757K
BNP Paribas Financial Markets 0.00% New 25,743 $728K
Meixler Investment Management, Ltd. 0.42% Reduce -7.9% 24,125 $682K
Bank of Nova Scotia Trust Co. 0.06% Reduce -5.9% 23,741 $672K
Citadel Advisors 0.00% Add +45.6% 22,921 $648K
111 Capital 0.12% Add +10.9% 22,787 $644K
ProShare Advisors LLC 0.00% Reduce -0.6% 22,448 $635K
Envestnet Asset Management Inc. 0.00% Add +27.9% 22,358 $633K
Mutual Advisors, LLC 0.01% Reduce -15.8% 23,911 $630K
Allianz Asset Management GmbH 0.00% Reduce -16.5% 22,052 $624K
Marshall Wace, LLP 0.00% New 22,026 $623K
Vanguard Personalized Indexing Management, LLC 0.01% Add +36.4% 19,861 $563K
Investment Management Corp of Ontario 0.01% Reduce -20.1% 19,518 $552K
Cardinal Point Capital Management ULC 0.04% No change 19,468 $551K
Northwest & Ethical Investments L.P. 0.01% Add +3.2% 18,190 $515K
Y-Intercept (Hong Kong) Ltd 0.01% Reduce -16.9% 18,128 $513K
Metis Global Partners, LLC 0.01% Add +30.5% 17,761 $503K
Citigroup Inc. 0.00% Add +2.4% 17,462 $494K
Susquehanna International Group, LLP 0.00% Reduce -9.8% 17,085 $483K
HRT Financial LP 0.00% New 15,660 $443K
Jones Financial Companies LLLP 0.00% Add +8.1% 15,535 $440K
Americana Partners, LLC 0.01% No change 15,370 $435K
Picton Mahoney Asset Management 0.01% New 15,010 $425K
Wells Fargo & Company 0.00% Reduce -1.3% 14,867 $421K
Spirit of America Management Corp. 0.08% No change 14,765 $418K
Guardian Partners Inc. 0.03% Reduce -9.4% 14,314 $401K
Tidal Investments LLC 0.00% Add +24.4% 13,387 $379K
&partners 0.00% Add +4.6% 13,340 $377K
Capital Group Investment Management Pte. LTD. 0.06% Add +21.3% 13,182 $373K
apricus wealth, LLC 0.20% Reduce -82.5% 13,145 $372K
Cetera Investment Advisers 0.00% Add +42.6% 13,061 $370K
Fiera Capital Corp 0.00% New 12,437 $352K
Dividend Assets Capital, LLC 0.06% New 12,219 $346K
Brevan Howard Capital Management LP 0.00% New 11,256 $318K
Sovereign Investment Advisors, LLC 0.09% No change 11,049 $313K
FourThought Financial Partners, LLC 0.03% New 11,008 $311K
Quantinno Capital Management LP 0.00% Add +7.0% 10,890 $308K
Engineers Gate Manager LP 0.00% New 9,952 $282K
Swiss Life Asset Management Ltd 0.00% New 9,625 $273K
OMERS ADMINISTRATION Corp 0.00% New 9,500 $269K
SeaCrest Wealth Management, LLC 0.03% Add +3.2% 9,072 $258K
Ingalls & Snyder LLC 0.01% New 8,885 $251K
Chelsea Counsel Co. 0.11% No change 8,630 $247K
Cornerstone Planning Group LLC 0.04% Add +11672.7% 2,590 $246K
Diametric Capital, LP 0.09% Reduce -23.0% 8,621 $244K
Osaic Holdings, Inc. 0.00% Add +78.1% 8,650 $241K
Burgundy Asset Management Ltd. 0.00% No change 8,272 $229K
Entropy Technologies, LP 0.02% New 7,800 $221K
Advisors Asset Management, Inc. 0.00% Reduce -0.5% 7,735 $219K
O'shaughnessy Asset Management, LLC 0.00% Reduce -1.8% 7,589 $215K
Virtu Financial LLC 0.01% Reduce -21.3% 7,529 $213K
Verition Fund Management LLC 0.00% New 7,523 $213K
Lipe & Dalton 0.10% Reduce -0.4% 10,229 $208K
US Bancorp \de 0.00% Reduce -15.9% 6,742 $191K
PNC Financial Services Group, Inc. 0.00% Add +1.7% 6,536 $185K
Viking Fund Management LLC 0.02% Add +150.0% 6,000 $170K
Aviso Financial Inc. 0.01% Add +8.2% 5,200 $147K
SG Americas Securities, LLC 0.00% New 5,066 $143K
Mondrian Investment Partners LTD 0.00% — 3,597 $142K
Parkside Financial Bank & Trust 0.01% No change 3,426 $97K
Shell Asset Management Co. 0.01% Reduce -72.3% 3,154 $89K
Quadrant Capital Group LLC 0.00% New 3,079 $87K
Basso Capital Management, L.P. 0.05% No change 2,674 $76K
Advisory Services Network, LLC 0.00% New 2,324 $66K
CIBC Private Wealth Group LLC 0.00% Reduce -14.8% 2,160 $61K
CENTRAL TRUST Co 0.00% No change 2,057 $58K
Signaturefd, LLC 0.00% Reduce -2.6% 1,891 $53K
Manitou Investment Management Ltd. 0.01% No change 1,700 $48K
Natixis 0.00% No change 1,468 $41K
Northwestern Mutual Wealth Management Co. 0.00% No change 1,340 $38K
Rockefeller Capital Management L.P. 0.00% New 1,336 $38K
Generali Asset Management SPA SGR 0.00% No change 935 $37K
Assetmark, Inc. 0.00% Reduce -4.0% 1,237 $35K
IFP Advisors, Inc 0.00% Add +780.3% 1,206 $34K
Louisbourg Investments Inc. 0.01% No change 1,195 $34K
Roxbury Financial LLC 0.03% Add +0.2% 1,150 $33K
EverSource Wealth Advisors, LLC 0.00% Add +157.3% 1,055 $30K
Rhumbline Advisers 0.00% Reduce -23.9% 1,020 $29K
Private Trust Co. NA 0.00% New 789 $22K
Clearstead Advisors, LLC 0.00% No change 735 $21K
Physician Wealth Advisors, Inc. 0.00% Reduce -13.5% 700 $20K
Eastern Bank 0.00% No change 700 $20K
Macquarie Group Ltd. 0.00% Reduce -99.2% 646 $18K
Wilmington Savings Fund Society, FSB 0.00% Reduce -2.9% 603 $17K
Vision Financial Markets LLC 0.01% No change 570 $16K
Spire Wealth Management 0.00% Add +158.4% 553 $16K
Cromwell Holdings LLC 0.01% No change 539 $16K
Cwm, LLC 0.00% Add +25.2% 457 $13K
Blue Trust, Inc. 0.00% Add +33.3% 448 $13K
Bollard Group LLC 0.00% No change 416 $12K
Harbour Investments, Inc. 0.00% Reduce -8.4% 415 $12K
Tower Research Capital LLC (TRC) 0.00% Reduce -57.8% 411 $12K
Arax Advisory Partners 0.00% Add +22.8% 382 $11K
MAI Capital Management 0.00% Reduce -7.9% 363 $10K
Galibier Capital Management Ltd. 0.00% No change 363 $10K
Parallel Advisors, LLC 0.00% Reduce -5.2% 347 $10K
Global Retirement Partners, LLC 0.00% Reduce -9.9% 310 $9K
Allworth Financial LP 0.00% Add +17.0% 310 $9K
JCIC Asset Management Inc. 0.00% — 290 $8K
Steward Partners Investment Advisory, LLC 0.00% Add +2.9% 289 $8K
Aventura Private Wealth, LLC 0.00% Reduce -7.4% 286 $8K
Pacifica Partners Inc. 0.00% No change 285 $8K
Gen-Wealth Partners Inc 0.00% No change 274 $8K
Archer Investment Corp 0.00% No change 265 $7K
City Holding Co. 0.00% New 265 $7K
MassMutual Private Wealth & Trust, FSB 0.00% Reduce -27.7% 251 $7K
CNB Bank 0.00% Reduce -27.5% 245 $7K
NewEdge Advisors, LLC 0.00% Add +1.3% 234 $7K
Bogart Wealth, LLC 0.00% No change 228 $6K
Bartlett & Co. Wealth Management LLC 0.00% No change 222 $6K
Gold Investment Management Ltd. 0.00% No change 217 $6K
Hanson & Doremus Investment Management 0.00% New 226 $6K
SBI Securities Co., Ltd. 0.00% No change 207 $6K
Arcadia Investment Management Corp. 0.00% No change 200 $6K
Harbor Asset Planning, Inc. 0.00% No change 176 $5K
Farther Finance Advisors, LLC 0.00% Add +72.0% 172 $5K
1620 Investment Advisors, Inc. 0.00% No change 160 $5K
Wealthspire Advisors, LLC 0.00% New 150 $4K
First Horizon Corp. 0.00% — 145 $4K
SWAN Capital LLC 0.00% New 142 $4K
Bessemer Group Inc. 0.00% Reduce -35.1% 179 $4K
Versant Capital Management, Inc 0.00% No change 141 $4K
Larson Financial Group LLC 0.00% Add +392.6% 133 $4K
Hilltop National Bank 0.00% No change 131 $4K
Lanark Financial, Inc. 0.00% No change 126 $4K
Smartleaf Asset Management LLC 0.00% Add +264.7% 124 $3K
AdvisorNet Financial, Inc 0.00% Add +0.8% 119 $3K
Towarzystwo Funduszy Inwestycyjnych Pzu SA 0.00% No change 105 $3K
Rogco, LP 0.00% No change 100 $3K
ESL Trust Services, LLC 0.00% Add +66.7% 100 $3K
Hartford Financial Management Inc. 0.00% No change 98 $3K
Smallwood Wealth Investment Management, LLC 0.00% No change 97 $3K
Kozak & Associates, Inc. 0.00% No change 92 $3K
Duncker Streett & Co. Inc. 0.00% No change 80 $2K
GPS Wealth Strategies Group, LLC 0.00% No change 74 $2K
Hemington Wealth Management 0.00% No change 79 $2K
CX Institutional 0.00% No change 58 $2K
Fifth Third Bancorp 0.00% No change 66 $2K
Hara Capital LLC 0.00% No change 63 $2K
Colonial Trust Co / SC 0.00% No change 60 $2K
JFS Wealth Advisors, LLC 0.00% No change 58 $2K
CGC Financial Services, LLC 0.00% No change 57 $2K
Bruce G. Allen Investments, LLC 0.00% Reduce -1.8% 54 $2K
Pin Oak Investment Advisors Inc. 0.00% No change 52 $1K
Ameritas Advisory Services, LLC 0.00% New 53 $1K
HHM Wealth Advisors, LLC 0.00% No change 52 $1K
Pinnacle Bancorp, Inc. 0.00% No change 50 $1K
Sunbelt Securities, Inc. 0.00% New 50 $1K
North Capital, Inc. 0.00% No change 46 $1K
Principal Securities, Inc. 0.00% No change 39 $1K
Rothschild Investment LLC 0.00% No change 38 $1K
Golden State Wealth Management, LLC 0.00% No change 34 $961
Caldwell Sutter Capital, Inc. 0.00% No change 31 $877
Rialto Wealth Management, LLC 0.00% No change 31 $877
Godsey & Gibb, Inc. 0.00% No change 31 $877
JNBA Financial Advisors 0.00% No change 31 $877
Mather Group, Llc. 0.00% New 30 $862
GAMMA Investing LLC 0.00% No change 27 $764
Brown Brothers Harriman & Co. 0.00% No change 23 $651
Kennebec Savings Bank 0.00% No change 20 $566
Kelly Lawrence W & Associates Inc. 0.00% No change 20 $566
Ritter Daniher Financial Advisory LLC / DE 0.00% No change 20 $566
Anchor Investment Management, LLC 0.00% No change 20 $566
Sound Income Strategies, LLC 0.00% No change 20 $551
Salem Investment Counselors Inc. 0.00% No change 19 $548
Millstone Evans Group, LLC 0.00% No change 19 $538
YANKCOM Partnership 0.00% No change 18 $510
MTM Investment Management, LLC 0.00% No change 18 $509
CVA Family Office, LLC 0.00% No change 17 $481
American Wealth Advisors, LLC 0.00% — 14 $387
Asset Dedication, LLC 0.00% No change 12 $340
Main Street Group, LTD 0.00% No change 10 $283
Scarborough Advisors, LLC 0.00% No change 10 $283
ORG Partners LLC 0.00% No change 7 $198
Park Place Capital Corp 0.00% No change 6 $170
True Wealth Design, LLC 0.00% No change 5 $142
Dakota Community Bank & Trust NA 0.00% No change 5 $141
Key Financial Inc 0.00% No change 4 $112
Caitong International Asset Management Co., Ltd 0.00% Reduce -99.8% 3 $85
Private Wealth Asset Management, LLC 0.00% No change 3 $85
Bell Investment Advisors, Inc 0.00% No change 2 $57
Fortitude Family Office, LLC 0.00% No change 2 $57
Guerra Advisors Inc 0.00% New 2 $57
GW&K Investment Management, LLC 0.00% No change 1 $0
Beutel, Goodman & Co Ltd. 0.00% No change 10 $0
Avion Wealth 0.00% No change 16 $0

"% of holder's portfolio" is SOBO's weight in each manager's 13F, not the share of South Bow Corp. the manager owns.