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Institutional Ownership · SEC Form 13F

Who owns STN


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

Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-02). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

277
Institutional holders
68M
Shares held (tracked funds)

How the tape is positioned

52 tracked funds added or opened STN while 122 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

STN’s largest tracked holder by dollar value, BANK OF MONTREAL /CAN/, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in STN 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 277 tracked filers holding STN, 155 increased or opened the position and 148 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 STN 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 11

  • Jupiter Topco LLC$61M
  • CAUSEWAY CAPITAL MANAGEMENT LLC$4M
  • Nykredit A/S$3M
  • Militia Capital Management LLC$1M
  • 111 Capital$1M
  • Fideuram Asset Management (Ireland) dac$987K

Full exits 22

  • Amundi$81M
  • JANUS HENDERSON GROUP PLC$77M
  • DekaBank Deutsche Girozentrale$60M
  • ACADIAN ASSET MANAGEMENT LLC$31M
  • CANADA LIFE ASSURANCE Co$14M
  • QV Investors Inc.$14M

Largest adds

  • Clearbridge Investments, LLC$43M
  • Waratah Capital Advisors Ltd.$25M
  • FIRST TRUST ADVISORS LP$19M
  • CANADA PENSION PLAN INVESTMENT BOARD$17M
  • Point72 Asset Management, L.P.$10M
  • MILLENNIUM MANAGEMENT LLC$8M

Largest trims

  • MACKENZIE FINANCIAL CORP$175M
  • Pictet Asset Management Holding SA$167M
  • ROYAL BANK OF CANADA$95M
  • BANK OF MONTREAL /CAN/$71M
  • VANGUARD CAPITAL MANAGEMENT LLC$56M
  • Invesco Ltd.$43M

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.

FundSharesReported value% of valueQuarter
BANK OF MONTREAL /CAN/ added4,928,863$340M7.3%2026-Q2
1832 Asset Management L.P. added4,494,177$310M6.7%2026-Q2
VANGUARD CAPITAL MANAGEMENT LLC added3,349,849$231M5.0%2026-Q2
ROYAL BANK OF CANADA trimmed3,331,191$230M4.9%2026-Q2
ALLIANCEBERNSTEIN L.P. trimmed3,315,525$286M6.2%2026-Q2
Fiera Capital Corp added2,601,689$179M3.9%2026-Q2
FMR LLC added2,084,397$144M3.1%2026-Q2
Pictet Asset Management Holding SA trimmed1,940,375$134M2.9%2026-Q2
Man Group plc added1,759,096$121M2.6%2026-Q2
MORGAN STANLEY added1,588,465$109M2.4%2026-Q2
BANK OF AMERICA CORP /DE/ added1,510,298$104M2.2%2026-Q2
MANUFACTURERS LIFE INSURANCE COMPANY, THE added1,429,426$98M2.1%2026-Q2
GOLDMAN SACHS GROUP INC added1,373,714$95M2.0%2026-Q2
NORGES BANK trimmed1,319,706$91M2.0%2026-Q2
GEODE CAPITAL MANAGEMENT, LLC added1,216,558$84M1.8%2026-Q2
FIRST TRUST ADVISORS LP added1,154,036$80M1.7%2026-Q2
CANADA PENSION PLAN INVESTMENT BOARD added1,147,215$79M1.7%2026-Q2
BCV Asset Management Inc. added1,048,820$72M1.6%2026-Q2
VANGUARD FIDUCIARY TRUST CO added1,012,188$70M1.5%2026-Q2
MACKENZIE FINANCIAL CORP trimmed957,722$94M2.0%2026-Q2
NATIONAL BANK OF CANADA /FI/ added943,197$65M1.4%2026-Q2
MILLENNIUM MANAGEMENT LLC added920,492$63M1.4%2026-Q2
PRINCIPAL FINANCIAL GROUP INC trimmed904,905$62M1.3%2026-Q2
Jupiter Topco LLC new881,814$61M1.3%2026-Q2
JPMORGAN CHASE & CO trimmed839,971$58M1.2%2026-Q2
TD Waterhouse Canada Inc. added834,413$56M1.2%2026-Q2
Allianz Asset Management GmbH827,771$71M1.5%2026-Q2
Legal & General Group Plc trimmed813,315$56M1.2%2026-Q2
AQR CAPITAL MANAGEMENT LLC added810,568$56M1.2%2026-Q2
TORONTO DOMINION BANK added762,717$53M1.1%2026-Q2
TD Asset Management Inc trimmed740,596$51M1.1%2026-Q2
TWO SIGMA INVESTMENTS, LP trimmed674,246$46M1.0%2026-Q2
Clearbridge Investments, LLC added636,564$44M0.9%2026-Q2
Russell Investments Group, Ltd. trimmed595,582$41M0.9%2026-Q2
Alberta Investment Management Corp trimmed526,991$36M0.8%2026-Q2
DIMENSIONAL FUND ADVISORS LP added500,702$35M0.7%2026-Q2
Vanguard Global Advisers, LLC added485,463$33M0.7%2026-Q2
CIBC WORLD MARKET INC. added469,043$32M0.7%2026-Q2
Waratah Capital Advisors Ltd. added441,245$30M0.7%2026-Q2
Vontobel Holding Ltd. added437,591$30M0.6%2026-Q2
D. E. Shaw & Co., Inc. added437,000$30M0.6%2026-Q2
SCOTIA CAPITAL INC. added399,160$27M0.6%2026-Q2
Invesco Ltd. trimmed387,584$27M0.6%2026-Q2
BlackRock, Inc. trimmed384,476$26M0.6%2026-Q2
Qube Research & Technologies Ltd added376,859$26M0.6%2026-Q2
BARCLAYS PLC added375,480$26M0.6%2026-Q2
Swiss National Bank trimmed368,670$25M0.5%2026-Q2
GUARDIAN CAPITAL LP trimmed366,195$25M0.5%2026-Q2
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added324,362$22M0.5%2026-Q2
Northwest & Ethical Investments L.P. added315,321$22M0.5%2026-Q2
JUPITER ASSET MANAGEMENT LTD added303,073$21M0.4%2026-Q2
CITADEL ADVISORS LLC trimmed301,457$21M0.4%2026-Q2
Federation des caisses Desjardins du Quebec trimmed285,591$20M0.4%2026-Q2
NICOLA WEALTH MANAGEMENT LTD. added273,800$19M0.4%2026-Q2
DEUTSCHE BANK AG\ added265,837$18M0.4%2026-Q2
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main added254,090$18M0.4%2026-Q2
J. Safra Sarasin Holding AG added214,598$9M0.2%2026-Q2
Zurcher Kantonalbank (Zurich Cantonalbank) added213,995$15M0.3%2026-Q2
Point72 Asset Management, L.P. added213,126$15M0.3%2026-Q2
UBS Group AG trimmed203,961$14M0.3%2026-Q2
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed201,003$14M0.3%2026-Q2
RENAISSANCE TECHNOLOGIES LLC added195,299$13M0.3%2026-Q2
Quadrature Capital Ltd added193,747$13M0.3%2026-Q2
VANGUARD ASSET MANAGEMENT, Ltd added188,021$13M0.3%2026-Q2
Swiss Life Asset Management Ltd added183,167$13M0.3%2026-Q2
Martin Investment Management, LLC trimmed178,427$12M0.3%2026-Q2
WELLINGTON MANAGEMENT GROUP LLP added172,715$12M0.3%2026-Q2
Connor, Clark & Lunn Investment Management Ltd. trimmed143,215$10M0.2%2026-Q2
Bank of New York Mellon Corp added142,254$10M0.2%2026-Q2
BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed142,029$10M0.2%2026-Q2
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp added140,555$10M0.2%2026-Q2
BANK OF NOVA SCOTIA trimmed132,432$9M0.2%2026-Q2
CIDEL ASSET MANAGEMENT INC trimmed126,734$9M0.2%2026-Q2
Sienna Gestion added124,200$9M0.2%2026-Q2
CIBC Asset Management Inc added123,917$9M0.2%2026-Q2
Nuveen, LLC added122,094$8M0.2%2026-Q2
Korea Investment CORP trimmed105,479$7M0.2%2026-Q2
FRANKLIN RESOURCES INC added105,154$7M0.2%2026-Q2
LOUISBOURG INVESTMENTS INC. added101,252$7M0.1%2026-Q2
AVIVA PLC trimmed95,499$7M0.1%2026-Q2
Trexquant Investment LP added90,671$6M0.1%2026-Q2
Promethos Capital, LLC added80,960$6M0.1%2026-Q2
BNP PARIBAS FINANCIAL MARKETS added79,147$5M0.1%2026-Q2
Addenda Capital Inc.77,400$8M0.2%2026-Q2
Rockefeller Capital Management L.P. added76,726$5M0.1%2026-Q2
SEB Asset Management AB added75,825$5M0.1%2026-Q2
Advisors Asset Management, Inc. added74,327$5M0.1%2026-Q2
APG Asset Management N.V. added73,263$4M0.1%2026-Q2
HSBC HOLDINGS PLC69,476$5M0.1%2026-Q2
PDT Partners, LLC added68,646$5M0.1%2026-Q2
AMERICAN CENTURY COMPANIES INC trimmed67,610$5M0.1%2026-Q2
STATE OF WISCONSIN INVESTMENT BOARD added66,800$5M0.1%2026-Q2
NIA IMPACT ADVISORS, LLC trimmed66,730$5M0.1%2026-Q2
NEUBERGER BERMAN GROUP LLC trimmed66,478$5M0.1%2026-Q2
BALYASNY ASSET MANAGEMENT L.P. added63,783$4M0.1%2026-Q2
CITIGROUP INC trimmed59,511$4M0.1%2026-Q2
Y-Intercept (Hong Kong) Ltd added58,384$4M0.1%2026-Q2
VOYA INVESTMENT MANAGEMENT LLC trimmed57,559$4M0.1%2026-Q2
Aviso Financial Inc. added56,836$4M0.1%2026-Q2
CAUSEWAY CAPITAL MANAGEMENT LLC new56,200$4M0.1%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.

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