Who owns SAN (SAN)
Which tracked institutional funds hold SAN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SAN company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
89 tracked funds added or opened SAN while 80 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
SAN’s largest tracked holder by dollar value, MORGAN STANLEY, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SAN divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 635 tracked filers holding SAN, 368 increased or opened the position and 242 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in SAN between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 23
- CIBC Bancorp USA Inc.$86M
- TORONTO DOMINION BANK$47M
- NOMURA HOLDINGS INC$8M
- COMPASS ROSE ASSET MANAGEMENT, LP$7M
- SAMLYN CAPITAL, LLC$5M
- PRICE T ROWE ASSOCIATES INC /MD/$5M
Full exits 20
- CIBC Private Wealth Group LLC$110M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$64M
- DV EQUITIES, LLC$9M
- CITADEL ADVISORS LLC$5M
- CIBC WORLD MARKET INC.$5M
- TUDOR INVESTMENT CORP ET AL$4M
Largest adds
- GOLDMAN SACHS GROUP INC$275M
- MORGAN STANLEY$223M
- BNP PARIBAS FINANCIAL MARKETS$171M
- CITIGROUP INC$80M
- BANK OF AMERICA CORP /DE/$68M
- UBS Group AG$60M
Largest trims
- Fisher Asset Management, LLC$690M
- Mondrian Investment Partners LTD$37M
- Clearbridge Investments, LLC$18M
- TODD ASSET MANAGEMENT LLC$16M
- Capital International Investors$13M
- LAZARD ASSET MANAGEMENT LLC$10M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| MORGAN STANLEY added | 78,079,188 | $881M | 16.2% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 43,096,768 | $486M | 9.0% | 2026-Q1 |
| Fisher Asset Management, LLC trimmed | 39,517,855 | $446M | 8.2% | 2026-Q1 |
| FMR LLC added | 38,365,698 | $433M | 8.0% | 2026-Q1 |
| Mondrian Investment Partners LTD trimmed | 22,332,642 | $252M | 4.6% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 15,294,412 | $173M | 3.2% | 2026-Q1 |
| BlackRock, Inc. trimmed | 14,764,686 | $167M | 3.1% | 2026-Q1 |
| Capital International Investors added | 15,120,821 | $162M | 3.0% | 2026-Q1 |
| Chevy Chase Trust Holdings, LLC trimmed | 13,815,641 | $156M | 2.9% | 2026-Q1 |
| NORTHERN TRUST CORP added | 13,371,863 | $151M | 2.8% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 11,413,194 | $129M | 2.4% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 10,866,980 | $123M | 2.3% | 2026-Q1 |
| LAZARD ASSET MANAGEMENT LLC trimmed | 8,388,093 | $95M | 1.7% | 2026-Q1 |
| Clearbridge Investments, LLC trimmed | 7,730,692 | $87M | 1.6% | 2026-Q1 |
| CITIGROUP INC added | 7,677,599 | $87M | 1.6% | 2026-Q1 |
| CIBC Bancorp USA Inc. new | 7,632,182 | $86M | 1.6% | 2026-Q1 |
| Clark Capital Management Group, Inc. trimmed | 6,704,499 | $76M | 1.4% | 2026-Q1 |
| TODD ASSET MANAGEMENT LLC trimmed | 6,548,293 | $74M | 1.4% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 6,260,112 | $71M | 1.3% | 2026-Q1 |
| UBS Group AG added | 5,939,881 | $67M | 1.2% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 5,618,010 | $63M | 1.2% | 2026-Q1 |
| BARCLAYS PLC added | 5,009,337 | $57M | 1.0% | 2026-Q1 |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY trimmed | 4,244,210 | $48M | 0.9% | 2026-Q1 |
| TORONTO DOMINION BANK added | 4,210,189 | $47M | 0.9% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 4,179,089 | $47M | 0.9% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 4,173,022 | $47M | 0.9% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 3,569,414 | $38M | 0.7% | 2026-Q1 |
| NATIXIS ADVISORS, LLC added | 3,196,514 | $36M | 0.7% | 2026-Q1 |
| Point72 Asset Management, L.P. added | 2,806,971 | $32M | 0.6% | 2026-Q1 |
| Quantinno Capital Management LP added | 2,566,939 | $29M | 0.5% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 2,542,746 | $29M | 0.5% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 2,481,273 | $28M | 0.5% | 2026-Q1 |
| Creative Planning added | 2,285,033 | $26M | 0.5% | 2026-Q1 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 1,938,731 | $22M | 0.4% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 1,948,247 | $21M | 0.4% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 1,768,399 | $20M | 0.4% | 2026-Q1 |
| LPL Financial LLC added | 1,686,207 | $19M | 0.4% | 2026-Q1 |
| Wilkinson Global Asset Management LLC added | 1,642,260 | $19M | 0.3% | 2026-Q1 |
| Bank of New York Mellon Corp added | 1,535,847 | $17M | 0.3% | 2026-Q1 |
| QRG CAPITAL MANAGEMENT, INC. added | 1,473,746 | $17M | 0.3% | 2026-Q1 |
| Capital Wealth Planning, LLC added | 1,452,014 | $16M | 0.3% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV added | 1,290,697 | $15M | 0.3% | 2026-Q1 |
| Mariner, LLC added | 1,112,825 | $13M | 0.2% | 2026-Q1 |
| Crossmark Global Holdings, Inc. trimmed | 1,086,995 | $12M | 0.2% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 1,043,366 | $12M | 0.2% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC added | 999,646 | $11M | 0.2% | 2026-Q1 |
| SEI INVESTMENTS CO added | 956,275 | $11M | 0.2% | 2026-Q1 |
| Cerity Partners LLC added | 954,582 | $11M | 0.2% | 2026-Q1 |
| Pathstone Holdings, LLC added | 952,980 | $11M | 0.2% | 2026-Q1 |
| Steamboat Capital Partners, LLC trimmed | 900,000 | $10M | 0.2% | 2026-Q1 |
| Integrated Quantitative Investments LLC added | 790,360 | $9M | 0.2% | 2026-Q1 |
| RWA WEALTH PARTNERS, LLC added | 777,198 | $9M | 0.2% | 2026-Q1 |
| STATE STREET CORP trimmed | 761,424 | $9M | 0.2% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 759,810 | $9M | 0.2% | 2026-Q1 |
| Cetera Investment Advisers added | 703,998 | $8M | 0.1% | 2026-Q1 |
| NOMURA HOLDINGS INC new | 700,699 | $8M | 0.1% | 2026-Q1 |
| Orion Porfolio Solutions, LLC trimmed | 680,036 | $8M | 0.1% | 2026-Q1 |
| US BANCORP \DE\ trimmed | 673,795 | $8M | 0.1% | 2026-Q1 |
| Vanguard Personalized Indexing Management, LLC trimmed | 657,990 | $7M | 0.1% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 646,366 | $7M | 0.1% | 2026-Q1 |
| Vident Advisory, LLC added | 640,444 | $7M | 0.1% | 2026-Q1 |
| COMPASS ROSE ASSET MANAGEMENT, LP new | 635,000 | $7M | 0.1% | 2026-Q1 |
| Callan Family Office, LLC added | 579,607 | $7M | 0.1% | 2026-Q1 |
| HighTower Advisors, LLC added | 526,590 | $6M | 0.1% | 2026-Q1 |
| MARIETTA INVESTMENT PARTNERS LLC added | 520,774 | $6M | 0.1% | 2026-Q1 |
| FACTORY MUTUAL INSURANCE CO | 515,311 | $6M | 0.1% | 2026-Q1 |
| Laird Norton Wetherby Trust Company, LLC trimmed | 505,420 | $6M | 0.1% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. added | 490,419 | $6M | 0.1% | 2026-Q1 |
| PARK AVENUE SECURITIES LLC added | 450,201 | $5M | 0.1% | 2026-Q1 |
| SAMLYN CAPITAL, LLC new | 448,813 | $5M | 0.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ new | 436,334 | $5M | 0.1% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND | 424,463 | $5M | 0.1% | 2026-Q1 |
| RITHOLTZ WEALTH MANAGEMENT added | 423,604 | $5M | 0.1% | 2026-Q1 |
| ASSETMARK, INC added | 399,352 | $5M | 0.1% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. added | 385,108 | $4M | 0.1% | 2026-Q1 |
| Brooklyn Investment Group added | 375,595 | $4M | 0.1% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 370,617 | $4M | 0.1% | 2026-Q1 |
| Ethic Inc. added | 363,160 | $4M | 0.1% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 362,842 | $4M | 0.1% | 2026-Q1 |
| SIGNATUREFD, LLC added | 360,794 | $4M | 0.1% | 2026-Q1 |
| Focus Partners Wealth added | 346,510 | $4M | 0.1% | 2026-Q1 |
| Lighthouse Investment Partners, LLC new | 352,661 | $4M | 0.1% | 2026-Q1 |
| NewEdge Wealth, LLC trimmed | 351,179 | $4M | 0.1% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 345,443 | $4M | 0.1% | 2026-Q1 |
| Naviter Wealth, LLC added | 343,675 | $4M | 0.1% | 2026-Q1 |
| Verition Fund Management LLC added | 341,413 | $4M | 0.1% | 2026-Q1 |
| Corient Private Wealth LLC added | 344,860 | $4M | 0.1% | 2026-Q1 |
| Arlington Capital Management, Inc. trimmed | 338,496 | $4M | 0.1% | 2026-Q1 |
| OPPENHEIMER ASSET MANAGEMENT INC. trimmed | 337,704 | $4M | 0.1% | 2026-Q1 |
| Advisors Asset Management, Inc. added | 335,425 | $4M | 0.1% | 2026-Q1 |
| IEQ CAPITAL, LLC trimmed | 335,227 | $4M | 0.1% | 2026-Q1 |
| CIBC Private Wealth Group LLC added | 9,400,907 | $110M | 2.0% | 2025-Q4 stale |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 5,456,598 | $64M | 1.2% | 2025-Q4 stale |
| Arrowpoint Investment Partners (Singapore) Pte. Ltd. new | 1,519,618 | $10M | 0.2% | 2025-Q1 stale |
| DV EQUITIES, LLC new | 757,680 | $9M | 0.2% | 2025-Q4 stale |
| OLD MISSION CAPITAL LLC added | 887,446 | $6M | 0.1% | 2025-Q1 stale |
| CITADEL ADVISORS LLC added | 464,292 | $5M | 0.1% | 2025-Q4 stale |
| CIBC WORLD MARKET INC. added | 405,991 | $5M | 0.1% | 2025-Q4 stale |
| CASTLEARK MANAGEMENT LLC | 405,515 | $4M | 0.1% | 2025-Q3 stale |
| Laird Norton Wetherby Wealth Management, LLC added | 401,882 | $4M | 0.1% | 2025-Q3 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.