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Institutional Ownership · SEC Form 13F

Who owns SBC Medical Group Holdings (SBC)


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

Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

73
Institutional holders
8M
Shares held (tracked funds)
7.4%
Of shares outstanding

How the tape is positioned

2 tracked funds added or opened SBC while 2 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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

SBC’s largest tracked holder by dollar value, Decagon Asset Management LLP, sizes it at 25.4% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 25.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in SBC 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 2026-Q1 and 2026-Q2, across 73 tracked filers holding SBC, 46 increased or opened the position and 14 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.

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 SBC between the 2026-Q1 and 2026-Q2 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.

Full exits 1

  • Decagon Asset Management LLP$260M

Largest adds

  • Lumbard & Kellner, LLC$5M
  • BlackRock, Inc.$1M

Largest trims

  • Context Capital Management, LLC$57M

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
Lumbard & Kellner, LLC added1,727,208$5M1.7%2026-Q2
BlackRock, Inc. added924,002$3M0.9%2026-Q2
GEODE CAPITAL MANAGEMENT, LLC added427,864$1M0.4%2026-Q2
BOOTHBAY FUND MANAGEMENT, LLC trimmed178,929$551K0.2%2026-Q2
CITADEL ADVISORS LLC added144,718$446K0.1%2026-Q2
VANGUARD CAPITAL MANAGEMENT LLC trimmed135,783$418K0.1%2026-Q2
NORTHERN TRUST CORP added131,204$404K0.1%2026-Q2
VANGUARD PORTFOLIO MANAGEMENT LLC added128,295$395K0.1%2026-Q2
Hillsdale Investment Management Inc. new124,800$384K0.1%2026-Q2
SEGALL BRYANT & HAMILL, LLC81,307$250K0.1%2026-Q2
VANGUARD FIDUCIARY TRUST CO added66,281$204K0.1%2026-Q2
SBI Securities Co., Ltd. added49,437$152K0.0%2026-Q2
STATE STREET CORP added49,239$152K0.0%2026-Q2
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added46,855$144K0.0%2026-Q2
ARISTEIA CAPITAL, L.L.C.530,169$135K0.0%2026-Q2
Polar Asset Management Partners Inc. trimmed434,750$111K0.0%2026-Q2
Mariner, LLC added33,747$104K0.0%2026-Q2
Bank of New York Mellon Corp added26,991$83K0.0%2026-Q2
Nuveen, LLC added25,381$78K0.0%2026-Q2
MMCAP International Inc. SPC330,000$76K0.0%2026-Q2
AQR CAPITAL MANAGEMENT LLC added24,098$74K0.0%2026-Q2
Central Pacific Bank - Trust Division new24,000$74K0.0%2026-Q2
TWO SIGMA SECURITIES, LLC new21,487$66K0.0%2026-Q2
Weiss Asset Management LP229,192$58K0.0%2026-Q2
DEUTSCHE BANK AG\ added18,783$58K0.0%2026-Q2
Williams & Novak, LLC added18,686$58K0.0%2026-Q2
NEW YORK STATE COMMON RETIREMENT FUND17,000$52K0.0%2026-Q2
Saba Capital Management, L.P.200,000$51K0.0%2026-Q2
Cable Car Capital, LP196,000$50K0.0%2026-Q2
WELLS FARGO & COMPANY/MN added16,118$50K0.0%2026-Q2
Context Capital Management, LLC208,389$48K0.0%2026-Q2
Yakira Capital Management, Inc.207,025$48K0.0%2026-Q2
Clear Street Group Inc.199,865$46K0.0%2026-Q2
D. E. Shaw & Co., Inc.172,500$40K0.0%2026-Q2
BANK OF AMERICA CORP /DE/ added11,417$35K0.0%2026-Q2
PRICE T ROWE ASSOCIATES INC /MD/ new11,138$35K0.0%2026-Q2
Caption Management, LLC150,000$34K0.0%2026-Q2
FMR LLC added10,779$33K0.0%2026-Q2
RHUMBLINE ADVISERS added10,731$33K0.0%2026-Q2
Abel Hall, LLC new10,607$33K0.0%2026-Q2
MORGAN STANLEY added10,347$32K0.0%2026-Q2
CITIGROUP INC added8,930$28K0.0%2026-Q2
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added8,861$27K0.0%2026-Q2
Vanguard Global Advisers, LLC8,557$26K0.0%2026-Q2
JPMORGAN CHASE & CO added8,151$26K0.0%2026-Q2
BNP PARIBAS FINANCIAL MARKETS added5,368$17K0.0%2026-Q2
NISA INVESTMENT ADVISORS, LLC new5,000$15K0.0%2026-Q2
UBS Group AG added4,917$15K0.0%2026-Q2
Russell Investments Group, Ltd. trimmed4,329$13K0.0%2026-Q2
WOLVERINE ASSET MANAGEMENT LLC added55,872$13K0.0%2026-Q2
Tower Research Capital LLC (TRC) trimmed3,901$12K0.0%2026-Q2
TORONTO DOMINION BANK50,800$12K0.0%2026-Q2
BARCLAYS PLC added3,699$11K0.0%2026-Q2
ROYAL BANK OF CANADA added2,826$9K0.0%2026-Q2
SUSQUEHANNA INTERNATIONAL GROUP, LLP added37,894$9K0.0%2026-Q2
WHITEBOX ADVISORS LLC35,000$8K0.0%2026-Q2
Legal & General Group Plc added2,086$6K0.0%2026-Q2
Ameritas Investment Partners, Inc.577$2K0.0%2026-Q2
Sterling Capital Management LLC trimmed350$1K0.0%2026-Q2
Arax Advisory Partners added187$5760.0%2026-Q2
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed158$4870.0%2026-Q2
Integrated Wealth Concepts LLC new104$3210.0%2026-Q2
EverSource Wealth Advisors, LLC added51$1560.0%2026-Q2
Allworth Financial LP added44$1360.0%2026-Q2
Essential Partners LLC trimmed26$800.0%2026-Q2
PNC Financial Services Group, Inc. added25$770.0%2026-Q2
ROTHSCHILD INVESTMENT LLC added11$340.0%2026-Q2
Farther Finance Advisors, LLC added8$250.0%2026-Q2
Transamerica Financial Advisors, LLC trimmed8$240.0%2026-Q2
SJS Investment Consulting Inc. new5$160.0%2026-Q2
True Wealth Design, LLC trimmed4$130.0%2026-Q2
Caitong International Asset Management Co., Ltd new4$120.0%2026-Q2
IFP Advisors, Inc added2$60.0%2026-Q2
Decagon Asset Management LLP trimmed944,992$260M82.4%2026-Q1 stale (1 quarter behind)
GOLDMAN SACHS GROUP INC added25,087$105K0.0%2026-Q1 stale (1 quarter behind)
Ionic Capital Management LLC new100,000$30K0.0%2026-Q1 stale (1 quarter behind)
Shaolin Capital Management LLC trimmed50,000$14K0.0%2026-Q1 stale (1 quarter behind)
CWM, LLC added738$3K0.0%2026-Q1 stale (1 quarter behind)
GAMMA Investing LLC added387$2K0.0%2026-Q1 stale (1 quarter behind)
Root Financial Partners, LLC new9$380.0%2026-Q1 stale (1 quarter behind)
Sunbelt Securities, Inc. added2$80.0%2026-Q1 stale (1 quarter behind)
MAI Capital Management new1$50.0%2026-Q1 stale (1 quarter behind)
VANGUARD GROUP INC added269,582$1M0.4%2025-Q4 stale (2 quarters behind)
AMALGAMATED BANK added354$2K0.0%2025-Q4 stale (2 quarters behind)
ATW SPAC MANAGEMENT LLC180,629$39M12.4%2025-Q3 stale (3 quarters behind)
MILLENNIUM MANAGEMENT LLC new50,461$219K0.1%2025-Q3 stale (3 quarters behind)
Engineers Gate Manager LP new11,661$51K0.0%2025-Q3 stale (3 quarters behind)
Private Wealth Asset Management, LLC new2,000$9K0.0%2025-Q3 stale (3 quarters behind)
Clearstead Advisors, LLC new119$5170.0%2025-Q3 stale (3 quarters behind)
PRINCIPAL SECURITIES, INC. new33$1430.0%2025-Q3 stale (3 quarters behind)
XTX Topco Ltd new13,713$64K0.0%2025-Q2 stale (4 quarters behind)
CONCOURSE FINANCIAL GROUP SECURITIES, INC.0—0.0%2025-Q2 stale (4 quarters behind)

1 parent filing withheld from the table above, and from the coverage figures, to avoid listing one book twice: CLEAR STREET LLC (last filed 2025-Q2, 198,587 shares) reconciles to its 1 current affiliate (199,865 shares) — 0.644% apart.

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