Who owns SB Financial Group (SBFG)
Which tracked institutional funds hold SBFG, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SBFG 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.
How the tape is positioned
15 tracked funds added or opened SBFG while 7 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
SBFG’s largest tracked holder by dollar value, MANUFACTURERS LIFE INSURANCE COMPANY, THE, sizes it at 0.0% 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 SBFG 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 69 tracked filers holding SBFG, 35 increased or opened the position and 41 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 SBFG 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.
New buyers 4
- AMERIPRISE FINANCIAL INC$6M
- Truffle Hound Capital, LLC$2M
- MARSHALL WACE, LLP$1M
- MILLENNIUM MANAGEMENT LLC$569K
Full exits 1
- VANGUARD PORTFOLIO MANAGEMENT LLC$692K
Largest adds
- MANUFACTURERS LIFE INSURANCE COMPANY, THE$2M
- Cutler Capital Management, LLC$2M
- DIMENSIONAL FUND ADVISORS LP$967K
- Pinnacle Holdings, LLC$662K
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$584K
- RENAISSANCE TECHNOLOGIES LLC$423K
Largest trims
- BlackRock, Inc.$4M
- Petiole USA ltd$3M
- GEODE CAPITAL MANAGEMENT, LLC$1M
- STATE STREET CORP$966K
- NORTHERN TRUST CORP$689K
- GOLDMAN SACHS GROUP INC$329K
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 |
|---|---|---|---|---|
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 467,892 | $12M | 12.2% | 2026-Q2 |
| Cutler Capital Management, LLC trimmed | 387,852 | $10M | 10.1% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC trimmed | 253,928 | $6M | 6.6% | 2026-Q2 |
| STRATEGIC VALUE BANK PARTNERS LLC trimmed | 243,628 | $6M | 6.3% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC new | 241,463 | $6M | 6.3% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 202,631 | $5M | 5.3% | 2026-Q2 |
| BlackRock, Inc. trimmed | 158,817 | $4M | 4.1% | 2026-Q2 |
| Pinnacle Holdings, LLC trimmed | 156,598 | $4M | 4.1% | 2026-Q2 |
| Truffle Hound Capital, LLC new | 90,373 | $2M | 2.4% | 2026-Q2 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 81,511 | $2M | 2.1% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 71,130 | $2M | 1.9% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 58,053 | $1M | 1.5% | 2026-Q2 |
| MARSHALL WACE, LLP added | 57,913 | $1M | 1.5% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 48,869 | $1M | 1.3% | 2026-Q2 |
| GENDELL JEFFREY L | 46,286 | $1M | 1.2% | 2026-Q2 |
| Empowered Funds, LLC | 46,021 | $1M | 1.2% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 39,846 | $1M | 1.0% | 2026-Q2 |
| HSBC HOLDINGS PLC added | 38,138 | $928K | 1.0% | 2026-Q2 |
| FIRST MANHATTAN CO. LLC. | 35,627 | $900K | 0.9% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO trimmed | 35,570 | $899K | 0.9% | 2026-Q2 |
| PL Capital Advisors, LLC added | 33,101 | $836K | 0.9% | 2026-Q2 |
| MORGAN STANLEY added | 29,488 | $745K | 0.8% | 2026-Q2 |
| BARCLAYS PLC trimmed | 27,374 | $692K | 0.7% | 2026-Q2 |
| Petiole USA ltd trimmed | 26,437 | $668K | 0.7% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 25,775 | $651K | 0.7% | 2026-Q2 |
| Venture Visionary Partners LLC added | 24,025 | $607K | 0.6% | 2026-Q2 |
| Valmark Advisers, Inc. added | 23,083 | $583K | 0.6% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 22,519 | $569K | 0.6% | 2026-Q2 |
| STATE STREET CORP trimmed | 21,950 | $555K | 0.6% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 19,460 | $492K | 0.5% | 2026-Q2 |
| PRINCETON CAPITAL MANAGEMENT LLC | 18,408 | $465K | 0.5% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 21,615 | $454K | 0.5% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 13,885 | $351K | 0.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 13,762 | $348K | 0.4% | 2026-Q2 |
| UBS Group AG added | 12,664 | $320K | 0.3% | 2026-Q2 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC trimmed | 11,436 | $289K | 0.3% | 2026-Q2 |
| Quadrature Capital Ltd new | 11,059 | $279K | 0.3% | 2026-Q2 |
| Qube Research & Technologies Ltd new | 9,921 | $251K | 0.3% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 9,813 | $248K | 0.3% | 2026-Q2 |
| Squarepoint Ops LLC trimmed | 8,812 | $223K | 0.2% | 2026-Q2 |
| GLOBEFLEX CAPITAL L P | 7,085 | $179K | 0.2% | 2026-Q2 |
| Aster Capital Management (DIFC) Ltd new | 6,798 | $172K | 0.2% | 2026-Q2 |
| SJS Investment Consulting Inc. | 3,794 | $96K | 0.1% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 2,972 | $75K | 0.1% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP | 2,986 | $74K | 0.1% | 2026-Q2 |
| Vanguard Global Advisers, LLC | 2,829 | $71K | 0.1% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 2,731 | $69K | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 2,197 | $56K | 0.1% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 2,187 | $55K | 0.1% | 2026-Q2 |
| LOS ANGELES CAPITAL MANAGEMENT LLC new | 1,362 | $34K | 0.0% | 2026-Q2 |
| CREATIVE FINANCIAL DESIGNS INC /ADV | 705 | $18K | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 326 | $8K | 0.0% | 2026-Q2 |
| Russell Investments Group, Ltd. trimmed | 270 | $7K | 0.0% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 263 | $7K | 0.0% | 2026-Q2 |
| Arax Advisory Partners added | 187 | $5K | 0.0% | 2026-Q2 |
| FMR LLC added | 83 | $2K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 75 | $2K | 0.0% | 2026-Q2 |
| PNC Financial Services Group, Inc. | 73 | $2K | 0.0% | 2026-Q2 |
| ASSETMARK, INC new | 46 | $1K | 0.0% | 2026-Q2 |
| Essential Partners LLC trimmed | 44 | $1K | 0.0% | 2026-Q2 |
| Allworth Financial LP added | 40 | $1K | 0.0% | 2026-Q2 |
| EverSource Wealth Advisors, LLC trimmed | 24 | $606 | 0.0% | 2026-Q2 |
| IFP Advisors, Inc added | 17 | $430 | 0.0% | 2026-Q2 |
| GAMMA Investing LLC | 14 | $354 | 0.0% | 2026-Q2 |
| ROTHSCHILD INVESTMENT LLC added | 12 | $303 | 0.0% | 2026-Q2 |
| True Wealth Design, LLC added | 9 | $228 | 0.0% | 2026-Q2 |
| SBI Securities Co., Ltd. | 5 | $126 | 0.0% | 2026-Q2 |
| Basecamp Wealth Advisors LLC added | 3 | $76 | 0.0% | 2026-Q2 |
| Wealth Enhancement Trust Services, Inc. new | 2 | $51 | 0.0% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 32,965 | $692K | 0.7% | 2026-Q1 stale (1 quarter behind) |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 16,615 | $349K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| ACADIAN ASSET MANAGEMENT LLC added | 15,884 | $331K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| Bank of New York Mellon Corp trimmed | 15,055 | $316K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| STRS OHIO | 7,000 | $147K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| LSV ASSET MANAGEMENT trimmed | 4,700 | $99K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| NEW YORK STATE COMMON RETIREMENT FUND | 3,300 | $69K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 2,795 | $59K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| DEUTSCHE BANK AG\ trimmed | 2,709 | $57K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Police & Firemen's Retirement System of New Jersey | 1,532 | $32K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Tower Research Capital LLC (TRC) added | 888 | $19K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| CWM, LLC trimmed | 875 | $18K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Ameritas Investment Partners, Inc. | 606 | $13K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Legal & General Group Plc | 536 | $11K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| CITIGROUP INC trimmed | 263 | $6K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| HANTZ FINANCIAL SERVICES, INC. new | 228 | $5K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Sterling Capital Management LLC trimmed | 190 | $4K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| State of Wyoming trimmed | 77 | $2K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Covestor Ltd trimmed | 26 | $1K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| MAI Capital Management added | 12 | $252 | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Root Financial Partners, LLC new | 1 | $21 | 0.0% | 2026-Q1 stale (1 quarter behind) |
| VANGUARD GROUP INC trimmed | 370,763 | $8M | 8.5% | 2025-Q4 stale (2 quarters behind) |
| GSA CAPITAL PARTNERS LLP trimmed | 11,730 | $261K | 0.3% | 2025-Q4 stale (2 quarters behind) |
| RITHOLTZ WEALTH MANAGEMENT trimmed | 9,375 | $209K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 351 | $8K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| AMALGAMATED BANK trimmed | 180 | $4K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| WHITTIER TRUST CO new | 20 | $384 | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Clearstead Advisors, LLC new | 6 | $116 | 0.0% | 2025-Q3 stale (3 quarters behind) |
| FJ Capital Management LLC trimmed | 265,791 | $5M | 5.2% | 2025-Q2 stale (4 quarters behind) |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 38,486 | $735K | 0.8% | 2025-Q2 stale (4 quarters behind) |
| RAYMOND JAMES FINANCIAL INC new | 359 | $7K | 0.0% | 2025-Q2 stale (4 quarters behind) |
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.