Who owns SLF
Which tracked institutional funds hold SLF, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SLF company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 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 SLF is one-sided between 2026-Q1 and 2026-Q2: 177 added or opened and 55 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
SLF’s largest tracked holder by dollar value, ROYAL BANK OF CANADA, sizes it at 0.6% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SLF 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 466 tracked filers holding SLF, 243 increased or opened the position and 182 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 SLF 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 16
- Polar Asset Management Partners Inc.$78M
- MUFG Securities EMEA plc$47M
- Nykredit A/S$10M
- RENAISSANCE TECHNOLOGIES LLC$7M
- Jupiter Topco LLC$6M
- Quantbot Technologies LP$5M
Full exits 31
- Beutel, Goodman & Co Ltd.$182M
- Amundi$74M
- DekaBank Deutsche Girozentrale$67M
- JUPITER ASSET MANAGEMENT LTD$53M
- CANADA LIFE ASSURANCE Co$35M
- QV Investors Inc.$32M
Largest adds
- ROYAL BANK OF CANADA$653M
- FIL Ltd$464M
- MACKENZIE FINANCIAL CORP$313M
- BANK OF MONTREAL /CAN/$309M
- VANGUARD CAPITAL MANAGEMENT LLC$259M
- CIBC Asset Management Inc$216M
Largest trims
- TORONTO DOMINION BANK$156M
- MANUFACTURERS LIFE INSURANCE COMPANY, THE$142M
- HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND$85M
- TD Asset Management Inc$83M
- Cardinal Capital Management, Inc.$48M
- Invesco Ltd.$44M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| ROYAL BANK OF CANADA trimmed | 41,552,120 | $3.3B | 17.1% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 16,048,272 | $1.3B | 6.6% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 12,232,736 | $959M | 5.0% | 2026-Q2 |
| TD Asset Management Inc trimmed | 10,101,426 | $793M | 4.1% | 2026-Q2 |
| CIBC WORLD MARKET INC. trimmed | 8,076,018 | $634M | 3.3% | 2026-Q2 |
| 1832 Asset Management L.P. trimmed | 7,965,126 | $625M | 3.3% | 2026-Q2 |
| BANK OF NOVA SCOTIA added | 6,930,024 | $544M | 2.8% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 6,460,912 | $526M | 2.8% | 2026-Q2 |
| NORGES BANK trimmed | 6,370,400 | $500M | 2.6% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP added | 6,244,664 | $695M | 3.6% | 2026-Q2 |
| FMR LLC added | 6,004,087 | $471M | 2.5% | 2026-Q2 |
| FIL Ltd added | 5,916,829 | $465M | 2.4% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ trimmed | 5,850,227 | $458M | 2.4% | 2026-Q2 |
| TD Waterhouse Canada Inc. trimmed | 5,506,035 | $434M | 2.3% | 2026-Q2 |
| Federation des caisses Desjardins du Quebec trimmed | 5,324,854 | $416M | 2.2% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO trimmed | 4,909,410 | $385M | 2.0% | 2026-Q2 |
| Vanguard Global Advisers, LLC added | 4,281,703 | $336M | 1.8% | 2026-Q2 |
| CIBC Asset Management Inc added | 3,839,581 | $301M | 1.6% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 3,739,937 | $293M | 1.5% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD trimmed | 3,735,388 | $293M | 1.5% | 2026-Q2 |
| TORONTO DOMINION BANK trimmed | 3,639,967 | $285M | 1.5% | 2026-Q2 |
| Legal & General Group Plc trimmed | 3,571,561 | $280M | 1.5% | 2026-Q2 |
| SCOTIA CAPITAL INC. trimmed | 3,144,681 | $246M | 1.3% | 2026-Q2 |
| LETKO, BROSSEAU & ASSOCIATES INC trimmed | 3,144,427 | $247M | 1.3% | 2026-Q2 |
| Fiera Capital Corp added | 3,126,682 | $245M | 1.3% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 2,980,877 | $233M | 1.2% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP added | 2,810,328 | $221M | 1.2% | 2026-Q2 |
| MORGAN STANLEY trimmed | 2,529,769 | $198M | 1.0% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 2,401,503 | $188M | 1.0% | 2026-Q2 |
| PICTON MAHONEY ASSET MANAGEMENT added | 2,061,273 | $161M | 0.8% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 1,851,199 | $145M | 0.8% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 1,828,134 | $143M | 0.8% | 2026-Q2 |
| Swiss National Bank trimmed | 1,790,200 | $140M | 0.7% | 2026-Q2 |
| Caisse de depot et placement du Quebec added | 1,486,005 | $117M | 0.6% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 1,315,807 | $103M | 0.5% | 2026-Q2 |
| Alberta Investment Management Corp added | 1,274,072 | $100M | 0.5% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 1,236,677 | $97M | 0.5% | 2026-Q2 |
| Cardinal Capital Management, Inc. trimmed | 1,168,774 | $92M | 0.5% | 2026-Q2 |
| UBS Group AG added | 1,110,583 | $87M | 0.5% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 1,073,257 | $84M | 0.4% | 2026-Q2 |
| BlackRock, Inc. added | 1,040,385 | $82M | 0.4% | 2026-Q2 |
| Polar Asset Management Partners Inc. added | 1,001,122 | $78M | 0.4% | 2026-Q2 |
| Value Partners Investments Inc. trimmed | 921,226 | $72M | 0.4% | 2026-Q2 |
| Public Sector Pension Investment Board added | 913,881 | $72M | 0.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 889,886 | $70M | 0.4% | 2026-Q2 |
| BCV Asset Management Inc. trimmed | 866,769 | $68M | 0.4% | 2026-Q2 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed | 830,737 | $65M | 0.3% | 2026-Q2 |
| AGF MANAGEMENT LTD added | 815,674 | $85M | 0.4% | 2026-Q2 |
| MUFG SECURITIES (CANADA), LTD. trimmed | 783,684 | $61M | 0.3% | 2026-Q2 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp added | 712,381 | $56M | 0.3% | 2026-Q2 |
| INTACT INVESTMENT MANAGEMENT INC. added | 699,721 | $55M | 0.3% | 2026-Q2 |
| Grantham, Mayo, Van Otterloo & Co. LLC added | 667,734 | $52M | 0.3% | 2026-Q2 |
| Bank of New York Mellon Corp added | 665,994 | $52M | 0.3% | 2026-Q2 |
| TODD ASSET MANAGEMENT LLC trimmed | 656,501 | $51M | 0.3% | 2026-Q2 |
| VAN ECK ASSOCIATES CORP trimmed | 654,212 | $51M | 0.3% | 2026-Q2 |
| MUFG Securities EMEA plc added | 600,000 | $47M | 0.2% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 593,808 | $47M | 0.2% | 2026-Q2 |
| Quadrature Capital Ltd added | 568,300 | $45M | 0.2% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 533,151 | $42M | 0.2% | 2026-Q2 |
| AVIVA PLC trimmed | 532,137 | $42M | 0.2% | 2026-Q2 |
| GUARDIAN CAPITAL LP added | 521,234 | $41M | 0.2% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 460,354 | $36M | 0.2% | 2026-Q2 |
| Korea Investment CORP added | 452,708 | $36M | 0.2% | 2026-Q2 |
| FIRST TRUST ADVISORS LP trimmed | 444,993 | $35M | 0.2% | 2026-Q2 |
| Pictet Asset Management Holding SA added | 426,545 | $33M | 0.2% | 2026-Q2 |
| Purpose Unlimited Inc. added | 418,903 | $33M | 0.2% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 403,192 | $32M | 0.2% | 2026-Q2 |
| Nuveen, LLC added | 402,534 | $32M | 0.2% | 2026-Q2 |
| Zurcher Kantonalbank (Zurich Cantonalbank) added | 388,702 | $31M | 0.2% | 2026-Q2 |
| APG Asset Management N.V. added | 387,125 | $27M | 0.1% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 374,133 | $29M | 0.2% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 372,413 | $29M | 0.2% | 2026-Q2 |
| Northwest & Ethical Investments L.P. trimmed | 358,349 | $28M | 0.1% | 2026-Q2 |
| BANK OF NOVA SCOTIA TRUST CO trimmed | 339,460 | $27M | 0.1% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 338,146 | $27M | 0.1% | 2026-Q2 |
| State of Tennessee, Department of Treasury trimmed | 317,342 | $25M | 0.1% | 2026-Q2 |
| Invesco Ltd. trimmed | 292,168 | $23M | 0.1% | 2026-Q2 |
| Vanguard Investments Australia, Ltd. added | 283,986 | $22M | 0.1% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 272,744 | $21M | 0.1% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC trimmed | 260,442 | $20M | 0.1% | 2026-Q2 |
| OMERS ADMINISTRATION Corp trimmed | 253,687 | $20M | 0.1% | 2026-Q2 |
| Systematic Alpha Investments, LLC | 250,808 | $20M | 0.1% | 2026-Q2 |
| Quantinno Capital Management LP added | 249,498 | $20M | 0.1% | 2026-Q2 |
| NICOLA WEALTH MANAGEMENT LTD. trimmed | 204,800 | $16M | 0.1% | 2026-Q2 |
| MONTRUSCO BOLTON INVESTMENTS INC. added | 200,872 | $16M | 0.1% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed | 200,000 | $16M | 0.1% | 2026-Q2 |
| Crossmark Global Holdings, Inc. trimmed | 186,447 | $15M | 0.1% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 174,000 | $14M | 0.1% | 2026-Q2 |
| Lorne Steinberg Wealth Management Inc. added | 166,933 | $13M | 0.1% | 2026-Q2 |
| Zurich Insurance Group Ltd/FI trimmed | 163,178 | $13M | 0.1% | 2026-Q2 |
| Allianz Asset Management GmbH | 162,480 | $10M | 0.1% | 2026-Q2 |
| PensionDanmark Pensionsforsikringsaktieselskab added | 160,789 | $13M | 0.1% | 2026-Q2 |
| ROYAL LONDON ASSET MANAGEMENT LTD trimmed | 152,039 | $12M | 0.1% | 2026-Q2 |
| Nykredit A/S new | 129,816 | $10M | 0.1% | 2026-Q2 |
| Guardian Partners Inc. trimmed | 128,156 | $10M | 0.1% | 2026-Q2 |
| Maryland State Retirement & Pension System added | 126,712 | $10M | 0.1% | 2026-Q2 |
| Lansforsakringar Fondforvaltning AB (publ) trimmed | 125,123 | $10M | 0.1% | 2026-Q2 |
| Swiss Life Asset Management Ltd added | 121,523 | $10M | 0.0% | 2026-Q2 |
| Addenda Capital Inc. | 112,410 | $13M | 0.1% | 2026-Q2 |
| ODDO BHF ASSET MANAGEMENT SAS added | 95,016 | $11M | 0.1% | 2026-Q2 |
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.