Who owns SARO (SARO)
Which tracked institutional funds hold SARO, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SARO 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
The tracked-fund tape on SARO is one-sided between 2025-Q4 and 2026-Q1: 154 added or opened and 47 trimmed or exited — on balance accumulating.
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
SARO’s largest tracked holder by dollar value, Carlyle Group Inc., sizes it at 20.6% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 20.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SARO 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 325 tracked filers holding SARO, 256 increased or opened the position and 83 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
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 SARO 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 69
- VANGUARD CAPITAL MANAGEMENT LLC$201M
- VANGUARD PORTFOLIO MANAGEMENT LLC$185M
- Findlay Park Partners LLP$106M
- VANGUARD FIDUCIARY TRUST CO$30M
- Trinity Street Asset Management LLP$26M
- HRT FINANCIAL LP$16M
Full exits 12
- VANGUARD GROUP INC$307M
- STEADFAST CAPITAL MANAGEMENT LP$95M
- AGF MANAGEMENT LTD$11M
- Squarepoint Ops LLC$10M
- VOLORIDGE INVESTMENT MANAGEMENT, LLC$7M
- Symmetry Investments LP$2M
Largest adds
- PRICE T ROWE ASSOCIATES INC /MD/$607M
- BlackRock, Inc.$208M
- STATE STREET CORP$165M
- T. Rowe Price Investment Management, Inc.$108M
- VICTORY CAPITAL MANAGEMENT INC$101M
- Allspring Global Investments Holdings, LLC$83M
Largest trims
- Carlyle Group Inc.$2.2B
- WELLINGTON MANAGEMENT GROUP LLP$102M
- NORGES BANK$76M
- TEACHER RETIREMENT SYSTEM OF TEXAS$56M
- BROWN ADVISORY INC$23M
- ALKEON CAPITAL MANAGEMENT LLC$18M
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 |
|---|---|---|---|---|
| Carlyle Group Inc. trimmed | 84,587,035 | $2.2B | 24.7% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 39,045,718 | $1.0B | 11.4% | 2026-Q1 |
| BlackRock, Inc. added | 18,420,146 | $476M | 5.4% | 2026-Q1 |
| Allspring Global Investments Holdings, LLC added | 15,081,516 | $396M | 4.5% | 2026-Q1 |
| T. Rowe Price Investment Management, Inc. added | 13,345,996 | $345M | 3.9% | 2026-Q1 |
| STATE STREET CORP added | 12,674,968 | $327M | 3.7% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC added | 12,040,337 | $311M | 3.5% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC added | 9,507,446 | $246M | 2.8% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 8,124,580 | $210M | 2.4% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 7,783,272 | $201M | 2.3% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 7,175,200 | $185M | 2.1% | 2026-Q1 |
| NORGES BANK trimmed | 5,325,103 | $142M | 1.6% | 2026-Q1 |
| BESSEMER GROUP INC added | 4,798,854 | $124M | 1.4% | 2026-Q1 |
| Findlay Park Partners LLP new | 4,084,441 | $106M | 1.2% | 2026-Q1 |
| FMR LLC added | 3,716,624 | $96M | 1.1% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 3,682,456 | $95M | 1.1% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 3,502,681 | $90M | 1.0% | 2026-Q1 |
| UBS Group AG added | 3,472,938 | $90M | 1.0% | 2026-Q1 |
| Invesco Ltd. added | 3,272,815 | $85M | 1.0% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 3,245,097 | $84M | 0.9% | 2026-Q1 |
| BROWN ADVISORY INC trimmed | 2,864,638 | $74M | 0.8% | 2026-Q1 |
| PARNASSUS INVESTMENTS, LLC added | 2,627,220 | $68M | 0.8% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 2,241,763 | $57M | 0.6% | 2026-Q1 |
| M.D. Sass, LLC added | 2,149,680 | $56M | 0.6% | 2026-Q1 |
| Burkehill Global Management, LP added | 1,899,646 | $49M | 0.6% | 2026-Q1 |
| ArrowMark Colorado Holdings LLC trimmed | 1,657,434 | $43M | 0.5% | 2026-Q1 |
| MORGAN STANLEY added | 1,627,118 | $42M | 0.5% | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed | 1,575,000 | $41M | 0.5% | 2026-Q1 |
| NORTHERN TRUST CORP added | 1,449,594 | $37M | 0.4% | 2026-Q1 |
| SEI INVESTMENTS CO added | 1,439,421 | $37M | 0.4% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 1,356,381 | $35M | 0.4% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 1,336,831 | $35M | 0.4% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 1,228,865 | $32M | 0.4% | 2026-Q1 |
| ALKEON CAPITAL MANAGEMENT LLC trimmed | 1,202,019 | $31M | 0.4% | 2026-Q1 |
| Ghisallo Capital Management LLC added | 1,200,000 | $31M | 0.4% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 1,168,909 | $30M | 0.3% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 1,156,920 | $30M | 0.3% | 2026-Q1 |
| Bank of New York Mellon Corp added | 1,114,263 | $29M | 0.3% | 2026-Q1 |
| KENNEDY CAPITAL MANAGEMENT LLC added | 1,113,915 | $29M | 0.3% | 2026-Q1 |
| Trinity Street Asset Management LLP new | 994,658 | $26M | 0.3% | 2026-Q1 |
| Verbena Value LP added | 889,600 | $23M | 0.3% | 2026-Q1 |
| Trexquant Investment LP added | 856,040 | $22M | 0.3% | 2026-Q1 |
| Zimmer Partners, LP added | 850,000 | $22M | 0.2% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 840,434 | $22M | 0.2% | 2026-Q1 |
| MetLife Investment Management, LLC added | 826,277 | $21M | 0.2% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 814,800 | $21M | 0.2% | 2026-Q1 |
| Alyeska Investment Group, L.P. trimmed | 811,190 | $21M | 0.2% | 2026-Q1 |
| J. Goldman & Co LP added | 769,996 | $20M | 0.2% | 2026-Q1 |
| TD Asset Management Inc added | 748,266 | $19M | 0.2% | 2026-Q1 |
| BARCLAYS PLC added | 730,201 | $19M | 0.2% | 2026-Q1 |
| Woodline Partners LP trimmed | 721,436 | $19M | 0.2% | 2026-Q1 |
| Vulcan Value Partners, LLC added | 716,983 | $19M | 0.2% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 709,683 | $18M | 0.2% | 2026-Q1 |
| SOROS FUND MANAGEMENT LLC added | 700,000 | $18M | 0.2% | 2026-Q1 |
| Nuveen, LLC added | 652,917 | $17M | 0.2% | 2026-Q1 |
| HRT FINANCIAL LP added | 638,706 | $16M | 0.2% | 2026-Q1 |
| SEVEN GRAND MANAGERS, LLC added | 637,500 | $16M | 0.2% | 2026-Q1 |
| DAVIDSON INVESTMENT ADVISORS added | 607,047 | $16M | 0.2% | 2026-Q1 |
| Laurion Capital Management LP new | 600,000 | $15M | 0.2% | 2026-Q1 |
| FEDERATED HERMES, INC. added | 574,884 | $15M | 0.2% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 544,989 | $14M | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 517,111 | $13M | 0.2% | 2026-Q1 |
| Ensign Peak Advisors, Inc trimmed | 468,043 | $12M | 0.1% | 2026-Q1 |
| ALGERT GLOBAL LLC added | 465,511 | $12M | 0.1% | 2026-Q1 |
| Yaupon Capital Management LP trimmed | 459,407 | $12M | 0.1% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC new | 424,161 | $11M | 0.1% | 2026-Q1 |
| NATIXIS added | 415,644 | $11M | 0.1% | 2026-Q1 |
| Mountaineer Partners Management, LLC added | 407,435 | $11M | 0.1% | 2026-Q1 |
| Swiss National Bank added | 390,100 | $10M | 0.1% | 2026-Q1 |
| Legal & General Group Plc added | 383,840 | $10M | 0.1% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 339,385 | $10M | 0.1% | 2026-Q1 |
| Verition Fund Management LLC added | 370,000 | $10M | 0.1% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 365,049 | $9M | 0.1% | 2026-Q1 |
| LOS ANGELES CAPITAL MANAGEMENT LLC added | 350,855 | $9M | 0.1% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 349,350 | $9M | 0.1% | 2026-Q1 |
| Sculptor Capital LP new | 341,622 | $9M | 0.1% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 348,467 | $9M | 0.1% | 2026-Q1 |
| Unisphere Establishment added | 325,000 | $8M | 0.1% | 2026-Q1 |
| DLD Asset Management, LP added | 300,000 | $8M | 0.1% | 2026-Q1 |
| Roubaix Capital, LLC added | 294,397 | $8M | 0.1% | 2026-Q1 |
| Gotham Asset Management, LLC added | 272,508 | $7M | 0.1% | 2026-Q1 |
| Holocene Advisors, LP added | 272,002 | $7M | 0.1% | 2026-Q1 |
| ExodusPoint Capital Management, LP added | 269,474 | $7M | 0.1% | 2026-Q1 |
| NEXT CENTURY GROWTH INVESTORS LLC trimmed | 262,996 | $7M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 10,715,163 | $307M | 3.5% | 2025-Q4 stale |
| STEADFAST CAPITAL MANAGEMENT LP added | 3,310,834 | $95M | 1.1% | 2025-Q4 stale |
| Capital Research Global Investors | 1,589,110 | $50M | 0.6% | 2025-Q2 stale |
| Cubist Systematic Strategies, LLC new | 716,394 | $23M | 0.3% | 2025-Q2 stale |
| LOOMIS SAYLES & CO L P trimmed | 686,143 | $19M | 0.2% | 2025-Q3 stale |
| Troluce Capital Advisors LLC new | 625,000 | $17M | 0.2% | 2025-Q3 stale |
| Eisler Capital Management Ltd. added | 500,694 | $16M | 0.2% | 2025-Q2 stale |
| Monashee Investment Management LLC new | 480,000 | $13M | 0.1% | 2025-Q1 stale |
| Blackstone Inc. | 400,000 | $13M | 0.1% | 2025-Q2 stale |
| AGF MANAGEMENT LTD added | 387,048 | $11M | 0.1% | 2025-Q4 stale |
| Squarepoint Ops LLC added | 352,422 | $10M | 0.1% | 2025-Q4 stale |
| Amundi added | 358,535 | $10M | 0.1% | 2025-Q3 stale |
| OCCUDO QUANTITATIVE STRATEGIES LP added | 284,541 | $9M | 0.1% | 2025-Q2 stale |
| HAWK RIDGE CAPITAL MANAGEMENT LP new | 279,100 | $9M | 0.1% | 2025-Q2 stale |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 254,685 | $7M | 0.1% | 2025-Q4 stale |
| LMR Partners LLP | 250,000 | $7M | 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.