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Institutional Ownership · SEC Form 13F

Who owns SD (SD)


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

171
Institutional holders
29,379,227
Shares held (tracked funds)
79.8%
Of shares outstanding

How the tape is positioned

44 tracked funds added or opened SD while 15 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

SD’s largest tracked holder by dollar value, ICAHN CARL C, sizes it at 0.9% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.9pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in SD 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 171 tracked filers holding SD, 78 increased or opened the position and 81 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.

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 SD 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 10

  • VANGUARD CAPITAL MANAGEMENT LLC$22M
  • VANGUARD PORTFOLIO MANAGEMENT LLC$14M
  • VANGUARD FIDUCIARY TRUST CO$3M
  • Universal- Beteiligungs- und Servicegesellschaft mbH$2M
  • JANE STREET GROUP, LLC$2M
  • MARSHALL WACE, LLP$2M

Full exits 5

  • VANGUARD GROUP INC$30M
  • Point Nemo Capital, LLC$868K
  • AlphaQuest LLC$813K
  • ALPS ADVISORS INC$581K
  • LAZARD ASSET MANAGEMENT LLC$571K

Largest adds

  • ICAHN CARL C$10M
  • STATE STREET CORP$6M
  • GOLDMAN SACHS GROUP INC$6M
  • LSV ASSET MANAGEMENT$5M
  • TWO SIGMA INVESTMENTS, LP$5M
  • AMERICAN CENTURY COMPANIES INC$3M

Largest trims

  • JPMORGAN CHASE & CO$1M
  • Azarias Capital Management, L.P.$829K
  • Nuveen, LLC$619K
  • BARCLAYS PLC$617K
  • BNP PARIBAS FINANCIAL MARKETS$410K
  • BANK OF AMERICA CORP /DE/$407K

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
ICAHN CARL C added4,947,701$81M15.5%2026-Q1
BlackRock, Inc. trimmed2,960,673$48M9.3%2026-Q1
RENAISSANCE TECHNOLOGIES LLC trimmed1,503,564$25M4.7%2026-Q1
FIRST WILSHIRE SECURITIES MANAGEMENT INC added1,407,863$23M4.4%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new1,367,744$22M4.3%2026-Q1
STATE STREET CORP added1,304,623$21M4.1%2026-Q1
AMERICAN CENTURY COMPANIES INC added1,282,068$21M4.0%2026-Q1
ROYCE & ASSOCIATES LP added1,260,685$21M4.0%2026-Q1
DIMENSIONAL FUND ADVISORS LP trimmed1,252,665$20M3.9%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new864,492$14M2.7%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed853,130$14M2.7%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC trimmed767,698$13M2.4%2026-Q1
GOLDMAN SACHS GROUP INC added569,671$9M1.8%2026-Q1
TWO SIGMA INVESTMENTS, LP added494,600$8M1.6%2026-Q1
LSV ASSET MANAGEMENT added471,711$8M1.5%2026-Q1
AQR CAPITAL MANAGEMENT LLC trimmed448,056$7M1.4%2026-Q1
FIRST TRUST ADVISORS LP added419,445$7M1.3%2026-Q1
DENALI ADVISORS LLC added407,451$7M1.3%2026-Q1
Bank of New York Mellon Corp trimmed368,148$6M1.2%2026-Q1
Creative Planning trimmed362,212$6M1.1%2026-Q1
PRUDENTIAL FINANCIAL INC added343,105$6M1.1%2026-Q1
THIRD AVENUE MANAGEMENT LLC330,818$5M1.0%2026-Q1
NORTHERN TRUST CORP trimmed313,687$5M1.0%2026-Q1
Azarias Capital Management, L.P. trimmed312,396$5M1.0%2026-Q1
RAYMOND JAMES FINANCIAL INC trimmed304,836$5M1.0%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed262,392$4M0.8%2026-Q1
BRIDGEWAY CAPITAL MANAGEMENT, LLC214,814$4M0.7%2026-Q1
Connor, Clark & Lunn Investment Management Ltd. added214,202$3M0.7%2026-Q1
MORGAN STANLEY added212,385$3M0.7%2026-Q1
VANGUARD FIDUCIARY TRUST CO new206,670$3M0.6%2026-Q1
UBS Group AG trimmed142,601$2M0.4%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed139,123$2M0.4%2026-Q1
Empowered Funds, LLC added136,824$2M0.4%2026-Q1
NEW YORK STATE COMMON RETIREMENT FUND trimmed134,886$2M0.4%2026-Q1
Universal- Beteiligungs- und Servicegesellschaft mbH new132,086$2M0.4%2026-Q1
Portolan Capital Management, LLC trimmed123,591$2M0.4%2026-Q1
JANE STREET GROUP, LLC trimmed118,238$2M0.4%2026-Q1
Point72 Asset Management, L.P. added115,574$2M0.4%2026-Q1
MARSHALL WACE, LLP added99,502$2M0.3%2026-Q1
SEGALL BRYANT & HAMILL, LLC new94,406$2M0.3%2026-Q1
Federation des caisses Desjardins du Quebec trimmed88,501$1M0.3%2026-Q1
Invesco Ltd. trimmed86,744$1M0.3%2026-Q1
CITADEL ADVISORS LLC added78,344$1M0.2%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ trimmed73,960$1M0.2%2026-Q1
Trexquant Investment LP added68,496$1M0.2%2026-Q1
Campbell & CO Investment Adviser LLC added66,782$1M0.2%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP added65,906$1M0.2%2026-Q1
BARCLAYS PLC trimmed63,593$1M0.2%2026-Q1
KLEIN PAVLIS & PEASLEY FINANCIAL, INC. trimmed63,109$1M0.2%2026-Q1
Vanguard Global Advisers, LLC new62,698$1M0.2%2026-Q1
D. E. Shaw & Co., Inc. trimmed61,220$998K0.2%2026-Q1
Nuveen, LLC trimmed59,484$970K0.2%2026-Q1
Jump Financial, LLC added56,210$917K0.2%2026-Q1
Quantinno Capital Management LP added55,661$908K0.2%2026-Q1
RHUMBLINE ADVISERS trimmed55,017$897K0.2%2026-Q1
Sanctuary Advisors, LLC added50,986$832K0.2%2026-Q1
Rafferty Asset Management, LLC added46,750$762K0.1%2026-Q1
FRANKLIN RESOURCES INC trimmed45,665$745K0.1%2026-Q1
Koss-Olinger Consulting, LLC trimmed41,455$676K0.1%2026-Q1
JOSH ARNOLD INVESTMENT CONSULTANT, LLC new5,750$673K0.1%2026-Q1
Next Level Private LLC trimmed39,093$638K0.1%2026-Q1
Privium Fund Management B.V.38,792$633K0.1%2026-Q1
WELLS FARGO & COMPANY/MN trimmed34,177$557K0.1%2026-Q1
LPL Financial LLC added28,642$467K0.1%2026-Q1
Harvest Investment Services, LLC new28,417$463K0.1%2026-Q1
Cetera Investment Advisers new28,150$459K0.1%2026-Q1
Lakewood Asset Management LLC added25,492$416K0.1%2026-Q1
Vanguard Personalized Indexing Management, LLC added25,098$409K0.1%2026-Q1
Forum Financial Management, LP trimmed25,000$408K0.1%2026-Q1
ALLIANCEBERNSTEIN L.P. trimmed28,215$407K0.1%2026-Q1
Mariner, LLC trimmed24,406$398K0.1%2026-Q1
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added23,965$391K0.1%2026-Q1
MILLENNIUM MANAGEMENT LLC trimmed23,164$378K0.1%2026-Q1
MERCER GLOBAL ADVISORS INC /ADV added22,810$372K0.1%2026-Q1
BOKF, NA added21,468$350K0.1%2026-Q1
DEUTSCHE BANK AG\ added21,319$348K0.1%2026-Q1
BOOTHBAY FUND MANAGEMENT, LLC trimmed21,160$345K0.1%2026-Q1
VANGUARD GROUP INC trimmed2,089,059$30M5.8%2025-Q4 stale
STIFEL FINANCIAL CORP added251,549$3M0.5%2025-Q2 stale
Soviero Asset Management, LP trimmed210,000$2M0.4%2025-Q2 stale
Man Group plc added156,766$2M0.3%2025-Q2 stale
TUDOR INVESTMENT CORP ET AL trimmed89,182$1M0.2%2025-Q1 stale
PRIVATE CLIENT SERVICES, LLC trimmed88,512$1M0.2%2025-Q1 stale
Point Nemo Capital, LLC new60,186$868K0.2%2025-Q4 stale
AlphaQuest LLC added56,318$813K0.2%2025-Q4 stale
TEACHER RETIREMENT SYSTEM OF TEXAS trimmed68,799$786K0.2%2025-Q1 stale
Swiss National Bank65,600$749K0.1%2025-Q1 stale
Thomist Capital Management, LP new59,200$666K0.1%2025-Q3 stale
ALPS ADVISORS INC added40,274$581K0.1%2025-Q4 stale
LAZARD ASSET MANAGEMENT LLC trimmed39,539$571K0.1%2025-Q4 stale
JACOBS LEVY EQUITY MANAGEMENT, INC46,680$505K0.1%2025-Q2 stale
INCEPTIONR LLC added32,494$469K0.1%2025-Q4 stale
Nebula Research & Development LLC trimmed41,605$450K0.1%2025-Q2 stale
KLP KAPITALFORVALTNING AS36,300$415K0.1%2025-Q1 stale
Quantbot Technologies LP added28,678$414K0.1%2025-Q4 stale
CAXTON ASSOCIATES LLP34,182$370K0.1%2025-Q2 stale
nVerses Capital, LLC added23,885$345K0.1%2025-Q4 stale
Verition Fund Management LLC added23,662$341K0.1%2025-Q4 stale
COMMONWEALTH EQUITY SERVICES, LLC trimmed23,379$337K0.1%2025-Q4 stale
XTX Topco Ltd added28,931$326K0.1%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.

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