Who owns SW (SW)
Which tracked institutional funds hold SW, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SW 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.
How the tape is positioned
187 tracked funds added or opened SW while 114 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
SW’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 0.1% of theirs — a 0.0pp gap the other way — the median holder sizes SW more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in SW 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 610 tracked filers holding SW, 357 increased or opened the position and 261 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
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 SW 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 40
- VANGUARD CAPITAL MANAGEMENT LLC$1.4B
- VANGUARD PORTFOLIO MANAGEMENT LLC$969M
- Capital World Investors$497M
- CANADA PENSION PLAN INVESTMENT BOARD$150M
- VANGUARD FIDUCIARY TRUST CO$117M
- SOUND SHORE MANAGEMENT INC /CT/$60M
Full exits 43
- VANGUARD GROUP INC$2.3B
- Incentive AS$71M
- Brandywine Global Investment Management, LLC$54M
- Weiss Asset Management LP$20M
- Foresight Group Ltd Liability Partnership$20M
- Rubric Capital Management LP$15M
Largest adds
- NORGES BANK$477M
- DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main$395M
- FRANKLIN RESOURCES INC$252M
- Capital Research Global Investors$156M
- GOLDMAN SACHS GROUP INC$119M
- Nuveen, LLC$119M
Largest trims
- FIL Ltd$267M
- BlackRock, Inc.$248M
- CAUSEWAY CAPITAL MANAGEMENT LLC$120M
- MARSHALL WACE, LLP$119M
- CITADEL ADVISORS LLC$85M
- Ruffer LLP$63M
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 |
|---|---|---|---|---|
| Capital Research Global Investors added | 38,971,751 | $1.6B | 7.4% | 2026-Q1 |
| BlackRock, Inc. trimmed | 36,700,567 | $1.5B | 6.9% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 33,960,747 | $1.4B | 6.4% | 2026-Q1 |
| STATE STREET CORP added | 25,258,844 | $1.0B | 4.8% | 2026-Q1 |
| Nuveen, LLC added | 24,590,686 | $980M | 4.7% | 2026-Q1 |
| NORGES BANK added | 21,617,935 | $972M | 4.6% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 24,315,691 | $969M | 4.6% | 2026-Q1 |
| CAUSEWAY CAPITAL MANAGEMENT LLC trimmed | 15,566,028 | $620M | 2.9% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 14,265,503 | $566M | 2.7% | 2026-Q1 |
| Orbis Allan Gray Ltd trimmed | 13,775,054 | $549M | 2.6% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 12,932,618 | $516M | 2.4% | 2026-Q1 |
| Capital World Investors new | 12,472,417 | $497M | 2.4% | 2026-Q1 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main added | 10,678,423 | $425M | 2.0% | 2026-Q1 |
| Invesco Ltd. added | 10,427,373 | $416M | 2.0% | 2026-Q1 |
| FMR LLC trimmed | 9,992,838 | $398M | 1.9% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 8,823,021 | $352M | 1.7% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 8,593,814 | $342M | 1.6% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 6,529,550 | $260M | 1.2% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 5,975,778 | $238M | 1.1% | 2026-Q1 |
| MORGAN STANLEY added | 5,971,038 | $238M | 1.1% | 2026-Q1 |
| NORDEA INVESTMENT MANAGEMENT AB added | 6,017,633 | $235M | 1.1% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 5,460,163 | $218M | 1.0% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 5,034,389 | $198M | 0.9% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 4,848,130 | $193M | 0.9% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 4,705,981 | $188M | 0.9% | 2026-Q1 |
| Legal & General Group Plc trimmed | 4,484,439 | $178M | 0.8% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 4,410,010 | $169M | 0.8% | 2026-Q1 |
| UBS Group AG added | 4,003,393 | $160M | 0.8% | 2026-Q1 |
| Amundi trimmed | 3,964,673 | $158M | 0.8% | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD new | 3,757,109 | $150M | 0.7% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 3,538,580 | $141M | 0.7% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 2,941,492 | $117M | 0.6% | 2026-Q1 |
| Ruffer LLP trimmed | 2,786,197 | $111M | 0.5% | 2026-Q1 |
| SOROS FUND MANAGEMENT LLC added | 2,520,236 | $100M | 0.5% | 2026-Q1 |
| THOMPSON SIEGEL & WALMSLEY LLC trimmed | 2,445,235 | $97M | 0.5% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 2,387,334 | $96M | 0.5% | 2026-Q1 |
| CITIGROUP INC added | 1,954,583 | $78M | 0.4% | 2026-Q1 |
| Alberta Investment Management Corp added | 1,944,236 | $77M | 0.4% | 2026-Q1 |
| LANSDOWNE PARTNERS (UK) LLP added | 1,870,219 | $75M | 0.4% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 1,820,494 | $73M | 0.3% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 1,867,831 | $72M | 0.3% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 1,751,085 | $70M | 0.3% | 2026-Q1 |
| BARCLAYS PLC trimmed | 1,611,323 | $64M | 0.3% | 2026-Q1 |
| Swiss National Bank added | 1,532,397 | $61M | 0.3% | 2026-Q1 |
| SOUND SHORE MANAGEMENT INC /CT/ new | 1,509,136 | $60M | 0.3% | 2026-Q1 |
| SEI INVESTMENTS CO trimmed | 1,497,967 | $60M | 0.3% | 2026-Q1 |
| Pictet Asset Management Holding SA trimmed | 1,419,085 | $57M | 0.3% | 2026-Q1 |
| Polaris Capital Management, LLC trimmed | 1,366,550 | $54M | 0.3% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 1,300,851 | $52M | 0.2% | 2026-Q1 |
| Cullen Capital Management, LLC added | 1,245,910 | $50M | 0.2% | 2026-Q1 |
| Vontobel Holding Ltd. trimmed | 1,222,803 | $49M | 0.2% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 1,218,471 | $49M | 0.2% | 2026-Q1 |
| AVIVA PLC added | 1,212,655 | $48M | 0.2% | 2026-Q1 |
| Sumitomo Mitsui Trust Group, Inc. added | 1,179,837 | $47M | 0.2% | 2026-Q1 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 1,173,007 | $47M | 0.2% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 1,162,365 | $46M | 0.2% | 2026-Q1 |
| FIL Ltd trimmed | 1,157,416 | $46M | 0.2% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 1,123,272 | $45M | 0.2% | 2026-Q1 |
| HSBC HOLDINGS PLC trimmed | 1,110,677 | $44M | 0.2% | 2026-Q1 |
| Verbena Value LP added | 1,076,500 | $43M | 0.2% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 1,032,139 | $41M | 0.2% | 2026-Q1 |
| Exane Asset Management added | 836,638 | $38M | 0.2% | 2026-Q1 |
| Capital International Investors added | 947,319 | $38M | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 930,822 | $37M | 0.2% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 921,918 | $37M | 0.2% | 2026-Q1 |
| KBC Group NV added | 875,030 | $35M | 0.2% | 2026-Q1 |
| California Public Employees Retirement System trimmed | 847,401 | $34M | 0.2% | 2026-Q1 |
| Oslo Pensjonsforsikring AS new | 837,817 | $33M | 0.2% | 2026-Q1 |
| VAN ECK ASSOCIATES CORP added | 774,179 | $31M | 0.1% | 2026-Q1 |
| PATTEN & PATTEN INC/TN trimmed | 774,162 | $31M | 0.1% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 730,081 | $29M | 0.1% | 2026-Q1 |
| Man Group plc added | 724,841 | $29M | 0.1% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 704,670 | $28M | 0.1% | 2026-Q1 |
| Gotham Asset Management, LLC added | 699,914 | $28M | 0.1% | 2026-Q1 |
| ExodusPoint Capital Management, LP added | 676,290 | $27M | 0.1% | 2026-Q1 |
| LAKEWOOD CAPITAL MANAGEMENT, LP trimmed | 675,897 | $27M | 0.1% | 2026-Q1 |
| ALPS ADVISORS INC trimmed | 662,744 | $26M | 0.1% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP added | 670,099 | $26M | 0.1% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 635,590 | $25M | 0.1% | 2026-Q1 |
| Compagnie Lombard Odier SCmA trimmed | 620,957 | $25M | 0.1% | 2026-Q1 |
| BROWN ADVISORY INC added | 619,368 | $25M | 0.1% | 2026-Q1 |
| Evelyn Partners Investment Management LLP trimmed | 603,376 | $24M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 603,376 | $24M | 0.1% | 2026-Q1 |
| Universal- Beteiligungs- und Servicegesellschaft mbH trimmed | 584,025 | $23M | 0.1% | 2026-Q1 |
| SALEM INVESTMENT COUNSELORS INC added | 570,563 | $23M | 0.1% | 2026-Q1 |
| SG Americas Securities, LLC added | 555,264 | $22M | 0.1% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 551,077 | $22M | 0.1% | 2026-Q1 |
| WORLDQUANT MILLENNIUM ADVISORS LLC added | 496,871 | $20M | 0.1% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 496,692 | $20M | 0.1% | 2026-Q1 |
| Eurizon Capital SGR S.p.A. new | 486,416 | $19M | 0.1% | 2026-Q1 |
| Savant Capital, LLC added | 467,983 | $19M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 60,697,024 | $2.3B | 11.1% | 2025-Q4 stale |
| Incentive AS trimmed | 1,843,624 | $71M | 0.3% | 2025-Q4 stale |
| Brandywine Global Investment Management, LLC new | 1,404,000 | $54M | 0.3% | 2025-Q4 stale |
| Liontrust Investment Partners LLP | 736,253 | $32M | 0.2% | 2025-Q3 stale |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC new | 553,106 | $25M | 0.1% | 2025-Q1 stale |
| Weiss Asset Management LP new | 526,730 | $20M | 0.1% | 2025-Q4 stale |
| Albar Capital Partners LLP added | 475,457 | $20M | 0.1% | 2025-Q3 stale |
| RIT CAPITAL PARTNERS PLC new | 460,000 | $20M | 0.1% | 2025-Q2 stale |
| Foresight Group Ltd Liability Partnership added | 507,408 | $20M | 0.1% | 2025-Q4 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.
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.