Who owns SATS (SATS)
Which tracked institutional funds hold SATS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SATS 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
282 tracked funds added or opened SATS while 149 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
SATS’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.2% of theirs — a 0.2pp gap the other way — the median holder sizes SATS more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in SATS 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 663 tracked filers holding SATS, 446 increased or opened the position and 234 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
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 SATS 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 90
- VANGUARD CAPITAL MANAGEMENT LLC$1.0B
- VANGUARD PORTFOLIO MANAGEMENT LLC$750M
- Arini Captial Management Ltd$404M
- VANGUARD FIDUCIARY TRUST CO$93M
- Troluce Capital Advisors LLC$70M
- Freestone Grove Partners LP$52M
Full exits 46
- VANGUARD GROUP INC$1.4B
- D1 Capital Partners L.P.$202M
- NORGES BANK$182M
- Nut Tree Capital Management, LP$82M
- Junto Capital Management LP$67M
- Avala Global LP$51M
Largest adds
- STATE STREET CORP$1.1B
- WELLINGTON MANAGEMENT GROUP LLP$833M
- FMR LLC$314M
- Invesco Ltd.$226M
- Pentwater Capital Management LP$199M
- SONA ASSET MANAGEMENT (US) LLC$185M
Largest trims
- NOMURA HOLDINGS INC$19.2B
- Linonia Partnership LP$584M
- Diameter Capital Partners LP$237M
- Sachem Head Capital Management LP$216M
- ICAHN CARL C$200M
- BlackRock, Inc.$175M
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 |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 16,802,533 | $2.0B | 9.7% | 2026-Q1 |
| STATE STREET CORP added | 14,546,826 | $1.7B | 8.4% | 2026-Q1 |
| FMR LLC added | 11,203,510 | $1.3B | 6.5% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 8,693,618 | $1.0B | 5.0% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP added | 7,433,953 | $870M | 4.3% | 2026-Q1 |
| Darsana Capital Partners LP | 7,000,000 | $819M | 4.0% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 6,406,537 | $750M | 3.7% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 4,669,508 | $545M | 2.7% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 4,233,958 | $475M | 2.3% | 2026-Q1 |
| Arini Captial Management Ltd new | 3,451,345 | $404M | 2.0% | 2026-Q1 |
| UBS Group AG added | 3,428,303 | $401M | 2.0% | 2026-Q1 |
| Sachem Head Capital Management LP trimmed | 3,005,000 | $352M | 1.7% | 2026-Q1 |
| Invesco Ltd. added | 2,488,969 | $291M | 1.4% | 2026-Q1 |
| Pentwater Capital Management LP added | 2,360,000 | $276M | 1.4% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 2,028,354 | $237M | 1.2% | 2026-Q1 |
| MORGAN STANLEY added | 1,967,074 | $230M | 1.1% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 1,892,786 | $222M | 1.1% | 2026-Q1 |
| Apollo Management Holdings, L.P. trimmed | 1,884,465 | $221M | 1.1% | 2026-Q1 |
| Contrarius Group Holdings Ltd trimmed | 1,882,224 | $220M | 1.1% | 2026-Q1 |
| SONA ASSET MANAGEMENT (US) LLC added | 1,866,370 | $218M | 1.1% | 2026-Q1 |
| NORTHERN TRUST CORP added | 1,778,063 | $208M | 1.0% | 2026-Q1 |
| BARCLAYS PLC added | 1,617,086 | $189M | 0.9% | 2026-Q1 |
| REDWOOD CAPITAL MANAGEMENT, LLC trimmed | 1,584,857 | $186M | 0.9% | 2026-Q1 |
| LOOMIS SAYLES & CO L P trimmed | 1,563,885 | $183M | 0.9% | 2026-Q1 |
| Davidson Kempner Capital Management LP added | 1,491,578 | $175M | 0.9% | 2026-Q1 |
| Diameter Capital Partners LP trimmed | 1,470,584 | $172M | 0.8% | 2026-Q1 |
| ICAHN CARL C trimmed | 1,404,542 | $164M | 0.8% | 2026-Q1 |
| Sculptor Capital LP added | 1,249,500 | $146M | 0.7% | 2026-Q1 |
| GILDER GAGNON HOWE & CO LLC added | 1,173,977 | $137M | 0.7% | 2026-Q1 |
| LMR Partners LLP trimmed | 1,171,403 | $137M | 0.7% | 2026-Q1 |
| Attestor Capital Ltd added | 1,161,754 | $136M | 0.7% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 1,160,452 | $136M | 0.7% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 1,069,301 | $125M | 0.6% | 2026-Q1 |
| CITIGROUP INC added | 1,022,062 | $120M | 0.6% | 2026-Q1 |
| Atreides Management, LP added | 1,000,346 | $117M | 0.6% | 2026-Q1 |
| Rokos Capital Management LLP added | 956,487 | $112M | 0.6% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 903,313 | $106M | 0.5% | 2026-Q1 |
| STONEHILL CAPITAL MANAGEMENT LLC | 831,480 | $97M | 0.5% | 2026-Q1 |
| Monarch Alternative Capital LP trimmed | 830,655 | $97M | 0.5% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 812,268 | $95M | 0.5% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 792,672 | $93M | 0.5% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 769,204 | $90M | 0.4% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC added | 745,510 | $87M | 0.4% | 2026-Q1 |
| Silver Point Capital L.P. | 707,546 | $83M | 0.4% | 2026-Q1 |
| SEVEN GRAND MANAGERS, LLC added | 700,000 | $82M | 0.4% | 2026-Q1 |
| Linonia Partnership LP trimmed | 695,800 | $81M | 0.4% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 693,229 | $81M | 0.4% | 2026-Q1 |
| VAN ECK ASSOCIATES CORP added | 688,147 | $81M | 0.4% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 645,576 | $76M | 0.4% | 2026-Q1 |
| Troluce Capital Advisors LLC added | 600,000 | $70M | 0.3% | 2026-Q1 |
| CARRONADE CAPITAL MANAGEMENT, LP trimmed | 583,085 | $68M | 0.3% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. trimmed | 582,202 | $68M | 0.3% | 2026-Q1 |
| CYRUS CAPITAL PARTNERS, L.P. | 576,571 | $67M | 0.3% | 2026-Q1 |
| Ancient Art, L.P. trimmed | 545,189 | $64M | 0.3% | 2026-Q1 |
| Nuveen, LLC added | 538,845 | $63M | 0.3% | 2026-Q1 |
| 140 Summer Partners LP trimmed | 530,434 | $62M | 0.3% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 548,200 | $60M | 0.3% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added | 508,894 | $60M | 0.3% | 2026-Q1 |
| SG Americas Securities, LLC added | 508,734 | $60M | 0.3% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 503,731 | $59M | 0.3% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 497,977 | $58M | 0.3% | 2026-Q1 |
| HENNESSY ADVISORS INC trimmed | 476,900 | $56M | 0.3% | 2026-Q1 |
| STEADFAST CAPITAL MANAGEMENT LP added | 449,727 | $53M | 0.3% | 2026-Q1 |
| Freestone Grove Partners LP new | 441,418 | $52M | 0.3% | 2026-Q1 |
| WORLDQUANT MILLENNIUM ADVISORS LLC added | 430,864 | $50M | 0.2% | 2026-Q1 |
| Pennant Select, LLC trimmed | 422,000 | $49M | 0.2% | 2026-Q1 |
| Swiss National Bank added | 412,967 | $48M | 0.2% | 2026-Q1 |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT added | 412,300 | $48M | 0.2% | 2026-Q1 |
| Point72 Asset Management, L.P. trimmed | 404,820 | $47M | 0.2% | 2026-Q1 |
| PLUSTICK MANAGEMENT LLC added | 390,000 | $46M | 0.2% | 2026-Q1 |
| Benchstone Capital Management LP added | 388,987 | $46M | 0.2% | 2026-Q1 |
| Two Seas Capital LP trimmed | 382,135 | $45M | 0.2% | 2026-Q1 |
| Pennant Investors, LP trimmed | 375,401 | $44M | 0.2% | 2026-Q1 |
| Holocene Advisors, LP trimmed | 374,596 | $44M | 0.2% | 2026-Q1 |
| Legal & General Group Plc added | 374,513 | $44M | 0.2% | 2026-Q1 |
| Dorsal Capital Management, LP new | 350,000 | $41M | 0.2% | 2026-Q1 |
| Amundi trimmed | 348,124 | $41M | 0.2% | 2026-Q1 |
| Clearline Capital LP trimmed | 345,756 | $40M | 0.2% | 2026-Q1 |
| Penserra Capital Management LLC added | 341,932 | $40M | 0.2% | 2026-Q1 |
| BW Gestao de Investimentos Ltda. added | 340,534 | $40M | 0.2% | 2026-Q1 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC added | 339,120 | $40M | 0.2% | 2026-Q1 |
| Newbrook Capital Advisors LP new | 326,867 | $38M | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 324,039 | $38M | 0.2% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 319,438 | $37M | 0.2% | 2026-Q1 |
| Man Group plc added | 305,846 | $36M | 0.2% | 2026-Q1 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 305,264 | $36M | 0.2% | 2026-Q1 |
| Sumitomo Mitsui Trust Group, Inc. added | 305,240 | $36M | 0.2% | 2026-Q1 |
| GABELLI FUNDS LLC trimmed | 289,546 | $34M | 0.2% | 2026-Q1 |
| EVERGREEN CAPITAL MANAGEMENT LLC trimmed | 289,021 | $34M | 0.2% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 287,475 | $34M | 0.2% | 2026-Q1 |
| Woodline Partners LP added | 262,692 | $31M | 0.2% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 13,255,903 | $1.4B | 7.1% | 2025-Q4 stale |
| D1 Capital Partners L.P. added | 1,855,800 | $202M | 1.0% | 2025-Q4 stale |
| NORGES BANK added | 1,675,354 | $182M | 0.9% | 2025-Q4 stale |
| Nut Tree Capital Management, LP | 750,000 | $82M | 0.4% | 2025-Q4 stale |
| Junto Capital Management LP trimmed | 612,205 | $67M | 0.3% | 2025-Q4 stale |
| GOLDENTREE ASSET MANAGEMENT LP added | 2,006,195 | $51M | 0.3% | 2025-Q1 stale |
| Avala Global LP new | 464,600 | $51M | 0.2% | 2025-Q4 stale |
| Walleye Trading LLC trimmed | 455,965 | $50M | 0.2% | 2025-Q4 stale |
| OAKTREE CAPITAL MANAGEMENT LP new | 600,000 | $46M | 0.2% | 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.