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Institutional Ownership · SEC Form 13F

Who owns SANG


Which tracked institutional funds hold SANG, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SANG company fundamentals →

Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-15). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

22
Institutional holders
7M
Shares held (tracked funds)

How the tape is positioned

The tracked-fund tape on SANG is one-sided between 2025-Q4 and 2026-Q1: 1 added or opened and 6 trimmed or exited — on balance reducing.

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

SANG’s largest tracked holder by dollar value, PenderFund Capital Management Ltd., sizes it at 5.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 5.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in SANG 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 22 tracked filers holding SANG, 11 increased or opened the position and 10 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 SANG 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 1

  • Alberta Investment Management Corp$3M

Largest trims

  • PenderFund Capital Management Ltd.$3M
  • PPM AMERICA INC/IL$871K
  • TD Waterhouse Canada Inc.$528K
  • Connor, Clark & Lunn Investment Management Ltd.$482K
  • INTACT INVESTMENT MANAGEMENT INC.$449K
  • ROYAL BANK OF CANADA$292K

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).

FundSharesReported value% of valueQuarter
PenderFund Capital Management Ltd. trimmed2,820,933$11M38.8%2026-Q1
Alberta Investment Management Corp trimmed766,418$3M10.6%2026-Q1
INTACT INVESTMENT MANAGEMENT INC. added717,425$3M9.9%2026-Q1
Ewing Morris & Co. Investment Partners Ltd. added668,254$3M9.2%2026-Q1
PPM AMERICA INC/IL688,523$3M9.1%2026-Q1
TD Waterhouse Canada Inc. added457,133$2M6.0%2026-Q1
Connor, Clark & Lunn Investment Management Ltd. trimmed234,833$925K3.2%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed171,708$677K2.4%2026-Q1
Claret Asset Management Corp added167,189$659K2.3%2026-Q1
ACADIAN ASSET MANAGEMENT LLC added164,592$639K2.2%2026-Q1
NATIONAL BANK OF CANADA /FI/ trimmed97,263$379K1.3%2026-Q1
ROYAL BANK OF CANADA trimmed60,320$234K0.8%2026-Q1
BARD ASSOCIATES INC trimmed59,688$232K0.8%2026-Q1
GOLDMAN SACHS GROUP INC new34,761$135K0.5%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed23,963$91K0.3%2026-Q1
MORGAN STANLEY added19,800$77K0.3%2026-Q1
CITADEL ADVISORS LLC trimmed12,559$48K0.2%2026-Q1
Legacy Advisors, LLC10,000$39K0.1%2026-Q1
Tower Research Capital LLC (TRC) added3,236$13K0.0%2026-Q1
Federation des caisses Desjardins du Quebec added1,810$7K0.0%2026-Q1
JPMORGAN CHASE & CO added1,282$5K0.0%2026-Q1
UBS Group AG trimmed212$8230.0%2026-Q1
UNIQUE WEALTH, LLC65,258$404K1.4%2025-Q2 stale
SCOTIA CAPITAL INC. added18,290$90K0.3%2025-Q3 stale
BANK OF AMERICA CORP /DE/ added10,700$54K0.2%2025-Q4 stale
Allworth Financial LP47$2610.0%2025-Q1 stale
CONCOURSE FINANCIAL GROUP SECURITIES, INC.00.0%2025-Q2 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.

HoldersTotal shares

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.

Learn how to read institutional ownership