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Institutional Ownership · SEC Form 13F

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.

69
Institutional holders
3M
Shares held (tracked funds)

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).

FundSharesReported value% of valueQuarter
MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed467,892$12M12.2%2026-Q2
Cutler Capital Management, LLC trimmed387,852$10M10.1%2026-Q2
VANGUARD CAPITAL MANAGEMENT LLC trimmed253,928$6M6.6%2026-Q2
STRATEGIC VALUE BANK PARTNERS LLC trimmed243,628$6M6.3%2026-Q2
AMERIPRISE FINANCIAL INC new241,463$6M6.3%2026-Q2
DIMENSIONAL FUND ADVISORS LP added202,631$5M5.3%2026-Q2
BlackRock, Inc. trimmed158,817$4M4.1%2026-Q2
Pinnacle Holdings, LLC trimmed156,598$4M4.1%2026-Q2
Truffle Hound Capital, LLC new90,373$2M2.4%2026-Q2
BRIDGEWAY CAPITAL MANAGEMENT, LLC81,511$2M2.1%2026-Q2
GEODE CAPITAL MANAGEMENT, LLC trimmed71,130$2M1.9%2026-Q2
GOLDMAN SACHS GROUP INC trimmed58,053$1M1.5%2026-Q2
MARSHALL WACE, LLP added57,913$1M1.5%2026-Q2
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added48,869$1M1.3%2026-Q2
GENDELL JEFFREY L46,286$1M1.2%2026-Q2
Empowered Funds, LLC46,021$1M1.2%2026-Q2
RENAISSANCE TECHNOLOGIES LLC added39,846$1M1.0%2026-Q2
HSBC HOLDINGS PLC added38,138$928K1.0%2026-Q2
FIRST MANHATTAN CO. LLC.35,627$900K0.9%2026-Q2
VANGUARD FIDUCIARY TRUST CO trimmed35,570$899K0.9%2026-Q2
PL Capital Advisors, LLC added33,101$836K0.9%2026-Q2
MORGAN STANLEY added29,488$745K0.8%2026-Q2
BARCLAYS PLC trimmed27,374$692K0.7%2026-Q2
Petiole USA ltd trimmed26,437$668K0.7%2026-Q2
CITADEL ADVISORS LLC added25,775$651K0.7%2026-Q2
Venture Visionary Partners LLC added24,025$607K0.6%2026-Q2
Valmark Advisers, Inc. added23,083$583K0.6%2026-Q2
MILLENNIUM MANAGEMENT LLC added22,519$569K0.6%2026-Q2
STATE STREET CORP trimmed21,950$555K0.6%2026-Q2
AQR CAPITAL MANAGEMENT LLC added19,460$492K0.5%2026-Q2
PRINCETON CAPITAL MANAGEMENT LLC18,408$465K0.5%2026-Q2
ALLIANCEBERNSTEIN L.P. added21,615$454K0.5%2026-Q2
NORTHERN TRUST CORP trimmed13,885$351K0.4%2026-Q2
BANK OF AMERICA CORP /DE/ trimmed13,762$348K0.4%2026-Q2
UBS Group AG added12,664$320K0.3%2026-Q2
O'SHAUGHNESSY ASSET MANAGEMENT, LLC trimmed11,436$289K0.3%2026-Q2
Quadrature Capital Ltd new11,059$279K0.3%2026-Q2
Qube Research & Technologies Ltd new9,921$251K0.3%2026-Q2
JANE STREET GROUP, LLC trimmed9,813$248K0.3%2026-Q2
Squarepoint Ops LLC trimmed8,812$223K0.2%2026-Q2
GLOBEFLEX CAPITAL L P7,085$179K0.2%2026-Q2
Aster Capital Management (DIFC) Ltd new6,798$172K0.2%2026-Q2
SJS Investment Consulting Inc.3,794$96K0.1%2026-Q2
BNP PARIBAS FINANCIAL MARKETS added2,972$75K0.1%2026-Q2
JONES FINANCIAL COMPANIES LLLP2,986$74K0.1%2026-Q2
Vanguard Global Advisers, LLC2,829$71K0.1%2026-Q2
Farther Finance Advisors, LLC added2,731$69K0.1%2026-Q2
WELLS FARGO & COMPANY/MN trimmed2,197$56K0.1%2026-Q2
RHUMBLINE ADVISERS trimmed2,187$55K0.1%2026-Q2
LOS ANGELES CAPITAL MANAGEMENT LLC new1,362$34K0.0%2026-Q2
CREATIVE FINANCIAL DESIGNS INC /ADV705$18K0.0%2026-Q2
JPMORGAN CHASE & CO trimmed326$8K0.0%2026-Q2
Russell Investments Group, Ltd. trimmed270$7K0.0%2026-Q2
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO263$7K0.0%2026-Q2
Arax Advisory Partners added187$5K0.0%2026-Q2
FMR LLC added83$2K0.0%2026-Q2
ROYAL BANK OF CANADA added75$2K0.0%2026-Q2
PNC Financial Services Group, Inc.73$2K0.0%2026-Q2
ASSETMARK, INC new46$1K0.0%2026-Q2
Essential Partners LLC trimmed44$1K0.0%2026-Q2
Allworth Financial LP added40$1K0.0%2026-Q2
EverSource Wealth Advisors, LLC trimmed24$6060.0%2026-Q2
IFP Advisors, Inc added17$4300.0%2026-Q2
GAMMA Investing LLC14$3540.0%2026-Q2
ROTHSCHILD INVESTMENT LLC added12$3030.0%2026-Q2
True Wealth Design, LLC added9$2280.0%2026-Q2
SBI Securities Co., Ltd.5$1260.0%2026-Q2
Basecamp Wealth Advisors LLC added3$760.0%2026-Q2
Wealth Enhancement Trust Services, Inc. new2$510.0%2026-Q2
VANGUARD PORTFOLIO MANAGEMENT LLC new32,965$692K0.7%2026-Q1 stale (1 quarter behind)
CHARLES SCHWAB INVESTMENT MANAGEMENT INC16,615$349K0.4%2026-Q1 stale (1 quarter behind)
ACADIAN ASSET MANAGEMENT LLC added15,884$331K0.3%2026-Q1 stale (1 quarter behind)
Bank of New York Mellon Corp trimmed15,055$316K0.3%2026-Q1 stale (1 quarter behind)
STRS OHIO7,000$147K0.2%2026-Q1 stale (1 quarter behind)
LSV ASSET MANAGEMENT trimmed4,700$99K0.1%2026-Q1 stale (1 quarter behind)
NEW YORK STATE COMMON RETIREMENT FUND3,300$69K0.1%2026-Q1 stale (1 quarter behind)
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added2,795$59K0.1%2026-Q1 stale (1 quarter behind)
DEUTSCHE BANK AG\ trimmed2,709$57K0.1%2026-Q1 stale (1 quarter behind)
Police & Firemen's Retirement System of New Jersey1,532$32K0.0%2026-Q1 stale (1 quarter behind)
Tower Research Capital LLC (TRC) added888$19K0.0%2026-Q1 stale (1 quarter behind)
CWM, LLC trimmed875$18K0.0%2026-Q1 stale (1 quarter behind)
Ameritas Investment Partners, Inc.606$13K0.0%2026-Q1 stale (1 quarter behind)
Legal & General Group Plc536$11K0.0%2026-Q1 stale (1 quarter behind)
CITIGROUP INC trimmed263$6K0.0%2026-Q1 stale (1 quarter behind)
HANTZ FINANCIAL SERVICES, INC. new228$5K0.0%2026-Q1 stale (1 quarter behind)
Sterling Capital Management LLC trimmed190$4K0.0%2026-Q1 stale (1 quarter behind)
State of Wyoming trimmed77$2K0.0%2026-Q1 stale (1 quarter behind)
Covestor Ltd trimmed26$1K0.0%2026-Q1 stale (1 quarter behind)
MAI Capital Management added12$2520.0%2026-Q1 stale (1 quarter behind)
Root Financial Partners, LLC new1$210.0%2026-Q1 stale (1 quarter behind)
VANGUARD GROUP INC trimmed370,763$8M8.5%2025-Q4 stale (2 quarters behind)
GSA CAPITAL PARTNERS LLP trimmed11,730$261K0.3%2025-Q4 stale (2 quarters behind)
RITHOLTZ WEALTH MANAGEMENT trimmed9,375$209K0.2%2025-Q4 stale (2 quarters behind)
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed351$8K0.0%2025-Q4 stale (2 quarters behind)
AMALGAMATED BANK trimmed180$4K0.0%2025-Q4 stale (2 quarters behind)
WHITTIER TRUST CO new20$3840.0%2025-Q3 stale (3 quarters behind)
Clearstead Advisors, LLC new6$1160.0%2025-Q3 stale (3 quarters behind)
FJ Capital Management LLC trimmed265,791$5M5.2%2025-Q2 stale (4 quarters behind)
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed38,486$735K0.8%2025-Q2 stale (4 quarters behind)
RAYMOND JAMES FINANCIAL INC new359$7K0.0%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.

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