Who owns SDHC
Which tracked institutional funds hold SDHC, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SDHC 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
The tracked-fund tape on SDHC is one-sided between 2026-Q1 and 2026-Q2: 17 added or opened and 5 trimmed or exited — on balance accumulating.
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
SDHC’s largest tracked holder by dollar value, Conifer Management, L.L.C., sizes it at 3.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 3.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SDHC 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 60 tracked filers holding SDHC, 35 increased or opened the position and 30 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 SDHC 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 2
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/$4M
- FEDERATED HERMES, INC.$3M
Largest adds
- Conifer Management, L.L.C.$4M
- BECK MACK & OLIVER LLC$2M
- MARSHALL WACE, LLP$1M
- First Eagle Investment Management, LLC$1M
- D. E. Shaw & Co., Inc.$1M
- BlackRock, Inc.$1M
Largest trims
- KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC$2M
- CITADEL ADVISORS LLC$281K
- SEI INVESTMENTS CO$269K
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 |
|---|---|---|---|---|
| Conifer Management, L.L.C. | 1,433,350 | $22M | 15.5% | 2026-Q2 |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC trimmed | 974,282 | $15M | 10.5% | 2026-Q2 |
| BECK MACK & OLIVER LLC trimmed | 835,065 | $13M | 9.0% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 622,625 | $10M | 6.7% | 2026-Q2 |
| WASATCH ADVISORS LP trimmed | 531,223 | $8M | 5.7% | 2026-Q2 |
| First Eagle Investment Management, LLC added | 404,274 | $6M | 4.4% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC trimmed | 364,949 | $6M | 3.9% | 2026-Q2 |
| BlackRock, Inc. added | 208,862 | $3M | 2.3% | 2026-Q2 |
| MARSHALL WACE, LLP added | 163,864 | $3M | 1.8% | 2026-Q2 |
| GILDER GAGNON HOWE & CO LLC trimmed | 161,307 | $3M | 1.7% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 142,986 | $2M | 1.5% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 117,508 | $2M | 1.3% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 103,146 | $2M | 1.1% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 84,735 | $1M | 0.9% | 2026-Q2 |
| Trexquant Investment LP added | 56,477 | $878K | 0.6% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 54,044 | $840K | 0.6% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 51,376 | $770K | 0.5% | 2026-Q2 |
| UBS Group AG trimmed | 47,622 | $740K | 0.5% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 46,618 | $724K | 0.5% | 2026-Q2 |
| STATE STREET CORP added | 46,176 | $718K | 0.5% | 2026-Q2 |
| Quent Capital, LLC added | 45,000 | $699K | 0.5% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 43,263 | $672K | 0.5% | 2026-Q2 |
| MORGAN STANLEY added | 32,795 | $510K | 0.4% | 2026-Q2 |
| Verition Fund Management LLC new | 32,000 | $497K | 0.3% | 2026-Q2 |
| Squarepoint Ops LLC added | 31,818 | $494K | 0.3% | 2026-Q2 |
| Ruane, Cunniff & Goldfarb L.P. added | 27,275 | $424K | 0.3% | 2026-Q2 |
| HSBC HOLDINGS PLC added | 27,709 | $421K | 0.3% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 26,421 | $411K | 0.3% | 2026-Q2 |
| XTX Topco Ltd added | 25,924 | $403K | 0.3% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 25,414 | $395K | 0.3% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 22,576 | $351K | 0.2% | 2026-Q2 |
| FULLER & THALER ASSET MANAGEMENT, INC. trimmed | 22,110 | $344K | 0.2% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL new | 21,303 | $331K | 0.2% | 2026-Q2 |
| NORTHERN TRUST CORP added | 18,668 | $290K | 0.2% | 2026-Q2 |
| Daiwa Securities Group Inc. trimmed | 18,475 | $287K | 0.2% | 2026-Q2 |
| Susquehanna Portfolio Strategies, LLC new | 17,488 | $272K | 0.2% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 16,650 | $259K | 0.2% | 2026-Q2 |
| OCCUDO QUANTITATIVE STRATEGIES LP added | 15,091 | $235K | 0.2% | 2026-Q2 |
| R Squared Ltd new | 13,978 | $217K | 0.2% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 12,300 | $192K | 0.1% | 2026-Q2 |
| Graham Capital Management, L.P. new | 12,072 | $188K | 0.1% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 10,485 | $163K | 0.1% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC new | 10,061 | $156K | 0.1% | 2026-Q2 |
| BARCLAYS PLC added | 7,713 | $120K | 0.1% | 2026-Q2 |
| US BANCORP \DE\ added | 5,585 | $87K | 0.1% | 2026-Q2 |
| Vanguard Global Advisers, LLC | 3,665 | $57K | 0.0% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 3,634 | $56K | 0.0% | 2026-Q2 |
| FIFTH THIRD BANCORP | 538 | $8K | 0.0% | 2026-Q2 |
| FMR LLC added | 413 | $6K | 0.0% | 2026-Q2 |
| Integrated Wealth Concepts LLC new | 406 | $6K | 0.0% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 408 | $6K | 0.0% | 2026-Q2 |
| Persistent Asset Partners Ltd new | 266 | $4K | 0.0% | 2026-Q2 |
| Rockefeller Capital Management L.P. new | 140 | $2K | 0.0% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 122 | $2K | 0.0% | 2026-Q2 |
| WOLFF WIESE MAGANA LLC | 90 | $1K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 66 | $1K | 0.0% | 2026-Q2 |
| Buck Wealth Strategies, LLC new | 52 | $808 | 0.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 40 | $621 | 0.0% | 2026-Q2 |
| Caitong International Asset Management Co., Ltd | 1 | $16 | 0.0% | 2026-Q2 |
| Kingdom Financial Group LLC. | 1 | $11 | 0.0% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 322,166 | $4M | 2.9% | 2026-Q1 stale (1 quarter behind) |
| FEDERATED HERMES, INC. trimmed | 258,900 | $3M | 2.3% | 2026-Q1 stale (1 quarter behind) |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY trimmed | 25,006 | $320K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| HRT FINANCIAL LP new | 21,042 | $269K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| AXQ CAPITAL, LP new | 15,437 | $198K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| VARCOV Co. added | 14,258 | $183K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Tower Research Capital LLC (TRC) added | 9,178 | $117K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| Advisory Services Network, LLC trimmed | 149 | $2K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| CWM, LLC trimmed | 11 | $141 | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Rachor Investment Advisory Services, LLC | 4 | $52 | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Lloyd Advisory Services, LLC. new | 1 | $9 | 0.0% | 2026-Q1 stale (1 quarter behind) |
| VANGUARD GROUP INC added | 452,631 | $8M | 5.3% | 2025-Q4 stale (2 quarters behind) |
| VICTORY CAPITAL MANAGEMENT INC added | 21,777 | $365K | 0.3% | 2025-Q4 stale (2 quarters behind) |
| BANK OF AMERICA CORP /DE/ added | 2,809 | $47K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| AlphaQuest LLC trimmed | 631 | $11K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| CITIGROUP INC new | 415 | $7K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Aster Capital Management (DIFC) Ltd new | 151 | $3K | 0.0% | 2025-Q4 stale (2 quarters behind) |
| OPTIMA CAPITAL LLC new | 28 | $470 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Transamerica Financial Advisors, LLC new | 4 | $67 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Arax Advisory Partners new | 2 | $34 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| 12 West Capital Management LP trimmed | 535,140 | $9M | 6.6% | 2025-Q3 stale (3 quarters behind) |
| Ghisallo Capital Management LLC | 50,000 | $883K | 0.6% | 2025-Q3 stale (3 quarters behind) |
| PEREGRINE CAPITAL MANAGEMENT LLC | 20,288 | $358K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| NEUBERGER BERMAN GROUP LLC trimmed | 13,110 | $232K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| Bank of New York Mellon Corp trimmed | 12,968 | $229K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| Inspire Advisors, LLC new | 12,111 | $214K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| GSA CAPITAL PARTNERS LLP new | 10,644 | $188K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| COMERICA BANK | 430 | $8K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Fortitude Family Office, LLC | 229 | $4K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| THORNBURG INVESTMENT MANAGEMENT INC trimmed | 224,457 | $4M | 3.0% | 2025-Q2 stale (4 quarters behind) |
| Covey Capital Advisors, LLC new | 36,300 | $705K | 0.5% | 2025-Q2 stale (4 quarters behind) |
| FIRST TRUST ADVISORS LP added | 29,025 | $564K | 0.4% | 2025-Q2 stale (4 quarters behind) |
| Corton Capital Inc. added | 20,752 | $403K | 0.3% | 2025-Q2 stale (4 quarters behind) |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC trimmed | 14,389 | $279K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| AZZAD ASSET MANAGEMENT INC /ADV added | 11,892 | $231K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| M&T Bank Corp | 11,001 | $213K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| RAYMOND JAMES FINANCIAL INC new | 1,743 | $34K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| First Horizon Advisors, Inc. | 405 | $8K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| Rise Advisors, LLC new | 26 | $505 | 0.0% | 2025-Q2 stale (4 quarters behind) |
| MJT & Associates Financial Advisory Group, Inc. | 15 | $292 | 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.