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Institutional Ownership · SEC Form 13F

Who owns STN (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-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

310
Institutional holders
70,156,530
Shares held (tracked funds)

How the tape is positioned

68 tracked funds added or opened STN while 91 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

STN’s largest tracked holder by dollar value, VANGUARD GROUP INC, 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 gap the other way — the median holder sizes STN more heavily than its largest holder by dollar value does.

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 2025-Q4 and 2026-Q1, across 310 tracked filers holding STN, 158 increased or opened the position and 127 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 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 22

  • VANGUARD CAPITAL MANAGEMENT LLC$287M
  • VANGUARD FIDUCIARY TRUST CO$87M
  • Vanguard Global Advisers, LLC$39M
  • Martin Investment Management, LLC$16M
  • VANGUARD ASSET MANAGEMENT, Ltd$15M
  • QV Investors Inc.$14M

Full exits 7

  • VANGUARD GROUP INC$448M
  • TWO SIGMA ADVISERS, LP$23M
  • Grandeur Peak Global Advisors, LLC$11M
  • NAVELLIER & ASSOCIATES INC$4M
  • FORSTA AP-FONDEN$2M
  • Triasima Portfolio Management inc.$2M

Largest adds

  • MILLENNIUM MANAGEMENT LLC$36M
  • Pictet Asset Management Holding SA$24M
  • TD Waterhouse Canada Inc.$20M
  • CANADA PENSION PLAN INVESTMENT BOARD$17M
  • ACADIAN ASSET MANAGEMENT LLC$15M
  • CITADEL ADVISORS LLC$13M

Largest trims

  • MACKENZIE FINANCIAL CORP$128M
  • ROYAL BANK OF CANADA$65M
  • BCV Asset Management Inc.$44M
  • Connor, Clark & Lunn Investment Management Ltd.$42M
  • 1832 Asset Management L.P.$36M
  • Clearbridge Investments, LLC$29M

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
BANK OF MONTREAL /CAN/ added4,743,566$410M5.9%2026-Q1
1832 Asset Management L.P. trimmed3,927,603$339M4.9%2026-Q1
ALLIANCEBERNSTEIN L.P. trimmed3,463,970$327M4.7%2026-Q1
ROYAL BANK OF CANADA trimmed3,760,103$325M4.7%2026-Q1
Pictet Asset Management Holding SA added3,485,388$300M4.3%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new3,315,321$287M4.1%2026-Q1
MACKENZIE FINANCIAL CORP trimmed3,105,136$268M3.8%2026-Q1
Fiera Capital Corp added2,016,034$174M2.5%2026-Q1
FMR LLC trimmed1,902,633$164M2.4%2026-Q1
MORGAN STANLEY added1,522,921$132M1.9%2026-Q1
Man Group plc trimmed1,520,891$131M1.9%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed1,394,724$120M1.7%2026-Q1
NORGES BANK added1,419,621$118M1.7%2026-Q1
GOLDMAN SACHS GROUP INC trimmed1,276,934$110M1.6%2026-Q1
BANK OF AMERICA CORP /DE/ added1,140,686$99M1.4%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added1,119,479$98M1.4%2026-Q1
BCV Asset Management Inc. added1,029,411$89M1.3%2026-Q1
VANGUARD FIDUCIARY TRUST CO new1,002,876$87M1.2%2026-Q1
PRINCIPAL FINANCIAL GROUP INC added983,625$85M1.2%2026-Q1
Amundi added825,641$81M1.2%2026-Q1
JANUS HENDERSON GROUP PLC trimmed903,925$77M1.1%2026-Q1
NATIONAL BANK OF CANADA /FI/ trimmed875,748$75M1.1%2026-Q1
JPMORGAN CHASE & CO added880,550$75M1.1%2026-Q1
Legal & General Group Plc trimmed840,754$72M1.0%2026-Q1
Allianz Asset Management GmbH trimmed827,771$71M1.0%2026-Q1
Invesco Ltd. added805,865$70M1.0%2026-Q1
TD Asset Management Inc added801,207$69M1.0%2026-Q1
TWO SIGMA INVESTMENTS, LP added763,617$66M0.9%2026-Q1
TD Waterhouse Canada Inc. added744,408$64M0.9%2026-Q1
CANADA PENSION PLAN INVESTMENT BOARD added717,255$62M0.9%2026-Q1
FIRST TRUST ADVISORS LP added696,342$60M0.9%2026-Q1
DekaBank Deutsche Girozentrale685,175$60M0.9%2026-Q1
Alberta Investment Management Corp added668,628$58M0.8%2026-Q1
MILLENNIUM MANAGEMENT LLC added640,501$55M0.8%2026-Q1
AQR CAPITAL MANAGEMENT LLC trimmed628,963$54M0.8%2026-Q1
Russell Investments Group, Ltd. added611,640$52M0.8%2026-Q1
Connor, Clark & Lunn Investment Management Ltd. trimmed599,913$52M0.7%2026-Q1
TORONTO DOMINION BANK added550,235$48M0.7%2026-Q1
Federation des caisses Desjardins du Quebec added546,139$46M0.7%2026-Q1
BlackRock, Inc. added515,600$45M0.6%2026-Q1
DIMENSIONAL FUND ADVISORS LP added458,993$40M0.6%2026-Q1
Vanguard Global Advisers, LLC new456,573$39M0.6%2026-Q1
Vontobel Holding Ltd. added433,004$37M0.5%2026-Q1
Swiss National Bank added383,970$33M0.5%2026-Q1
BARCLAYS PLC added365,789$32M0.5%2026-Q1
GUARDIAN CAPITAL LP added366,389$32M0.5%2026-Q1
CIBC WORLD MARKET INC. added364,027$31M0.5%2026-Q1
ACADIAN ASSET MANAGEMENT LLC added364,700$31M0.5%2026-Q1
UBS Group AG trimmed307,389$27M0.4%2026-Q1
CITADEL ADVISORS LLC added307,054$27M0.4%2026-Q1
D. E. Shaw & Co., Inc. added304,600$26M0.4%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added298,682$26M0.4%2026-Q1
JUPITER ASSET MANAGEMENT LTD279,438$24M0.3%2026-Q1
Qube Research & Technologies Ltd added277,834$24M0.3%2026-Q1
DEUTSCHE BANK AG\ trimmed251,335$22M0.3%2026-Q1
SCOTIA CAPITAL INC. added240,689$20M0.3%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed235,204$20M0.3%2026-Q1
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main added235,154$20M0.3%2026-Q1
Northwest & Ethical Investments L.P. trimmed220,474$19M0.3%2026-Q1
Zurcher Kantonalbank (Zurich Cantonalbank) trimmed209,029$18M0.3%2026-Q1
NICOLA WEALTH MANAGEMENT LTD. added202,800$18M0.3%2026-Q1
Martin Investment Management, LLC new184,293$16M0.2%2026-Q1
BNP PARIBAS ASSET MANAGEMENT Holding S.A. added182,915$16M0.2%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new178,380$15M0.2%2026-Q1
Swiss Life Asset Management Ltd added172,158$15M0.2%2026-Q1
Korea Investment CORP added165,079$14M0.2%2026-Q1
CIDEL ASSET MANAGEMENT INC added163,724$14M0.2%2026-Q1
CANADA LIFE ASSURANCE Co added163,141$14M0.2%2026-Q1
QV Investors Inc. trimmed160,335$14M0.2%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP added159,728$14M0.2%2026-Q1
BANK OF NOVA SCOTIA trimmed153,432$13M0.2%2026-Q1
Bank of New York Mellon Corp trimmed135,982$12M0.2%2026-Q1
J. Safra Sarasin Holding AG trimmed135,144$12M0.2%2026-Q1
MARSHALL WACE, LLP added127,973$11M0.2%2026-Q1
Nuveen, LLC added120,878$10M0.1%2026-Q1
NEUBERGER BERMAN GROUP LLC trimmed120,534$10M0.1%2026-Q1
Quadrature Capital Ltd added115,543$10M0.1%2026-Q1
UniSuper Management Pty Ltd80,364$10M0.1%2026-Q1
CIBC Asset Management Inc added108,849$9M0.1%2026-Q1
Addenda Capital Inc.77,400$9M0.1%2026-Q1
AVIVA PLC added98,361$8M0.1%2026-Q1
Varma Mutual Pension Insurance Co98,300$8M0.1%2026-Q1
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp added97,520$8M0.1%2026-Q1
Sienna Gestion82,400$7M0.1%2026-Q1
FRANKLIN RESOURCES INC trimmed80,846$7M0.1%2026-Q1
LOUISBOURG INVESTMENTS INC. added78,568$7M0.1%2026-Q1
RENAISSANCE TECHNOLOGIES LLC trimmed77,750$7M0.1%2026-Q1
Rockefeller Capital Management L.P. trimmed74,383$6M0.1%2026-Q1
CITIGROUP INC trimmed70,746$6M0.1%2026-Q1
HSBC HOLDINGS PLC trimmed69,476$6M0.1%2026-Q1
VANGUARD GROUP INC trimmed4,745,669$448M6.4%2025-Q4 stale
JARISLOWSKY, FRASER Ltd trimmed4,082,124$440M6.3%2025-Q3 stale
Burgundy Asset Management Ltd. trimmed858,122$93M1.3%2025-Q3 stale
AXA Investment Managers S.A. new282,041$30M0.4%2025-Q3 stale
AXA S.A. added266,179$29M0.4%2025-Q2 stale
FIL Ltd trimmed243,421$26M0.4%2025-Q3 stale
TWO SIGMA ADVISERS, LP added247,267$23M0.3%2025-Q4 stale
JENNISON ASSOCIATES LLC added115,135$13M0.2%2025-Q2 stale
Grandeur Peak Global Advisors, LLC trimmed114,200$11M0.2%2025-Q4 stale
BAROMETER CAPITAL MANAGEMENT INC. added46,990$7M0.1%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