South BowSOBO

13F holders, Q4 2025 (December 31)
281holders −11
25new positions
41sold out
3famous investors
$27.50avg. 13F price*

At the end of Q4 2025, 281 institutions reported holding South Bow Corp. (SOBO) in their 13F filings, down 11 from Q3 2025. 25 opened new positions and 41 sold out. The largest holders were Royal Bank of Canada ($455.8M), Capital International Investors ($425.8M) and FMR LLC ($277.3M). 3 famous investors held it, including Ken Griffin (0.0% of Citadel Advisors's portfolio), Israel Englander (0.0% of Millennium Management's portfolio) and David E. Shaw (0.0% of D. E. Shaw & Co.'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 Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions25$10.2M
Exits41$88.8M

All 13F filers, Q3 2025 → Q4 2025: 8,645,457 shares bought and 21,801,538 shares sold, net −13,156,081 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 281 holders

Royal Bank of Canada 0.08% Reduce -26.5% 16,592,199 $455.8M
Capital International Investors 0.07% Add +0.6% 15,483,085 $425.8M
FMR LLC 0.01% Reduce -26.1% 10,082,858 $277.3M
Vanguard Group Inc. 0.00% Add +1.4% 8,667,365 $238.4M
Clearbridge Investments, LLC 0.16% Add +3.0% 7,262,965 $199.5M
T. Rowe Price Associates Inc. 0.02% Reduce -29.3% 6,456,032 $177.3M
Bank of Montreal 0.07% Reduce -0.2% 6,145,325 $169.0M
Cibc World Market Inc. 0.18% Add +11.8% 3,571,092 $98.2M
Thornburg Investment Management Inc. 0.98% Add +41.7% 2,829,875 $77.8M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.10% Add +9.8% 2,391,584 $65.7M
Dimensional Fund Advisors LP 0.01% Add +51.6% 2,348,827 $64.5M
TD Asset Management Inc 0.05% Add +21.2% 2,055,635 $56.6M
Scotia Capital Inc. 0.23% Add +14.3% 2,053,500 $56.4M
Legal & General Group Plc 0.01% Reduce -9.6% 1,855,728 $51.1M
Canada Pension Plan Investment Board 0.03% Add +23.6% 1,650,000 $45.4M
Bank of America Corp. 0.00% Reduce -31.2% 1,617,660 $44.4M
Connor, Clark & Lunn Investment Management Ltd. 0.12% Add +44.1% 1,612,433 $44.3M
American Century Companies Inc. 0.02% Add +59.5% 1,529,980 $42.1M
Invesco Ltd. 0.00% Add +1.1% 1,523,169 $41.8M
Morgan Stanley 0.00% Reduce -2.4% 1,511,797 $41.5M
CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 2.35% Reduce -2.6% 1,490,500 $40.9M
Manufacturers Life Insurance Company, The 0.03% Reduce -2.5% 1,373,600 $37.9M
Recurrent Investment Advisors LLC 2.79% Reduce -14.7% 1,370,635 $37.8M
TD Waterhouse Canada Inc. 0.23% Add +7.5% 1,336,103 $36.7M
Boston Partners 0.04% Reduce -1.4% 1,311,881 $35.8M
Brookfield Corp 0.04% Reduce -6.8% 1,212,156 $33.3M
Toronto Dominion Bank 0.06% Add +71.7% 1,194,847 $32.9M
Westwood Holdings Group Inc. 0.24% Add +3.3% 1,077,286 $29.6M
Goldman Sachs Group Inc. 0.00% Reduce -54.3% 1,050,023 $28.8M
Intact Investment Management Inc. 0.76% Add +19.6% 964,360 $26.5M
Tortoise Capital Advisors, L.L.C. 0.33% Reduce -0.1% 942,091 $25.9M
Norges Bank 0.00% — 893,176 $24.6M
Miller Howard Investments Inc. 0.66% Add +4.6% 798,348 $21.9M
Two Sigma Investments, LP 0.03% Reduce -0.7% 765,932 $21.0M
Portland Investment Counsel Inc. 6.22% No change 751,044 $20.7M
Barclays PLC 0.01% Reduce -3.8% 748,859 $20.6M
Blackstone Inc. 0.08% Reduce -67.3% 709,098 $19.5M
Citadel Advisors 0.01% Add +2954.8% 700,200 $19.2M
Geode Capital Management, LLC 0.00% Add +238.4% 692,541 $19.1M
National Bank of Canada 0.02% Add +34.4% 696,794 $19.0M
Qube Research & Technologies Ltd 0.02% Reduce -32.1% 532,722 $14.6M
Mackenzie Financial Corp. 0.02% Add +61.8% 463,475 $13.1M
Charles Schwab Investment Management Inc. 0.00% Reduce -0.2% 441,204 $12.2M
Heathbridge Capital Management Ltd. 4.42% Add +104.1% 419,950 $11.6M
Swiss National Bank 0.01% Add +1.3% 412,320 $11.4M
Bank of Nova Scotia 0.02% Add +53.4% 385,197 $10.6M
OMERS ADMINISTRATION Corp 0.06% Add +3373.7% 330,000 $9.1M
CIBC Asset Management Inc 0.02% Add +0.8% 315,155 $8.7M
Federation des caisses Desjardins du Quebec 0.03% Reduce -0.2% 306,731 $8.4M
FIL Ltd 0.01% Add +8.5% 293,627 $8.1M
BlackRock, Inc. 0.00% Add +49.2% 279,356 $7.7M
Two Sigma Advisers, LP 0.01% Reduce -39.1% 253,100 $7.0M
Ninepoint Partners LP 0.82% Reduce -9.3% 250,000 $6.9M
Millennium Management 0.00% Add +440.4% 240,475 $6.6M
Maryland State Retirement & Pension System 0.13% Reduce -5.8% 237,732 $6.5M
Purpose Unlimited Inc. 0.28% — 222,293 $6.1M
Exchange Traded Concepts, LLC 0.04% Reduce -14.7% 178,575 $4.9M
Catalyst Capital Advisors LLC 0.09% Reduce -20.7% 161,679 $4.4M
Nuveen, LLC 0.00% No change 155,622 $4.3M
Capital International Sarl 0.06% Reduce -0.5% 145,403 $4.0M
Quadrature Capital Ltd 0.04% Reduce -69.7% 141,500 $3.9M
Van Eck Associates Corp. 0.00% Add +4.5% 137,289 $3.8M
Franklin Resources Inc. 0.00% Add +9.8% 132,887 $3.7M
Russell Investments Group, Ltd. 0.00% Add +12.3% 128,345 $3.5M
UBS Group AG 0.00% Add +6.3% 125,364 $3.4M
Moors & Cabot, Inc. 0.15% Add +1.4% 124,151 $3.4M
TCW Group Inc. 0.02% No change 123,700 $3.4M
Triasima Portfolio Management inc. 0.49% Add +5.2% 118,400 $3.3M
Man Group plc 0.01% New 117,671 $3.2M
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.02% Reduce -8.8% 110,620 $3.0M
Ausbil Investment Management Ltd 1.67% No change 106,483 $2.9M
Capital Group Private Client Services, Inc. 0.05% Reduce -9.3% 106,354 $2.9M
Deutsche Bank AG 0.00% Add +3.0% 103,476 $2.8M
Trexquant Investment LP 0.02% Reduce -37.0% 99,351 $2.7M
Northern Trust Corp. 0.00% Reduce -9.9% 98,697 $2.7M
1832 Asset Management L.P. 0.00% Add +0.1% 98,363 $2.7M
Alberta Investment Management Corp 0.01% Reduce -57.4% 77,528 $2.1M
Pacer Advisors, Inc. 0.01% New 75,155 $2.1M
Quantbot Technologies LP 0.07% Reduce -26.1% 71,811 $2.0M
Commonwealth Equity Services, LLC 0.00% Add +0.9% 71,693 $2.0M
Envestnet Asset Management Inc. 0.00% Add +219.8% 71,510 $2.0M
HighTower Advisors, LLC 0.00% Add +3.6% 70,328 $1.9M
&partners 0.01% Add +402.5% 67,030 $1.8M
Public Employees Retirement System of Ohio 0.01% Add +8.6% 66,718 $1.8M
Capital International Ltd. 0.06% Add +20.1% 66,555 $1.8M
Heronetta Management, L.P. 1.00% No change 46,497 $1.7M
JPMorgan Chase & Co. 0.00% Reduce -51.6% 57,607 $1.6M
Vident Advisory, LLC 0.01% Reduce -4.8% 55,465 $1.5M
Raymond James Financial Inc. 0.00% Add +0.6% 55,319 $1.5M
SIG North Trading, ULC 0.26% New 53,498 $1.5M
Pictet Asset Management Holding SA 0.00% Reduce -91.7% 49,916 $1.4M
Greenline Partners, LLC 0.16% Reduce -0.4% 49,867 $1.4M
Jane Street Group, LLC 0.00% Reduce -85.2% 46,495 $1.3M
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% Add +11.8% 44,490 $1.2M
Alps Advisors Inc. 0.01% Add +31.4% 41,498 $1.1M
LPL Financial LLC 0.00% Add +1.6% 38,499 $1.1M
Oppenheimer & Co. Inc. 0.01% Reduce -4.4% 37,858 $1.0M
Aquatic Capital Management LLC 0.03% New 37,793 $1.0M
Investment Management Corp of Ontario 0.01% Add +91.3% 37,341 $1.0M
Steadtrust LLC 0.58% Reduce -0.5% 34,320 $943K

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

Show all 281 holders