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Institutional Ownership · SEC Form 13F

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.

610
Institutional holders
489,620,413
Shares held (tracked funds)
93.7%
Of shares outstanding

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).

FundSharesReported value% of valueQuarter
Capital Research Global Investors added38,971,751$1.6B7.4%2026-Q1
BlackRock, Inc. trimmed36,700,567$1.5B6.9%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new33,960,747$1.4B6.4%2026-Q1
STATE STREET CORP added25,258,844$1.0B4.8%2026-Q1
Nuveen, LLC added24,590,686$980M4.7%2026-Q1
NORGES BANK added21,617,935$972M4.6%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new24,315,691$969M4.6%2026-Q1
CAUSEWAY CAPITAL MANAGEMENT LLC trimmed15,566,028$620M2.9%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added14,265,503$566M2.7%2026-Q1
Orbis Allan Gray Ltd trimmed13,775,054$549M2.6%2026-Q1
FRANKLIN RESOURCES INC added12,932,618$516M2.4%2026-Q1
Capital World Investors new12,472,417$497M2.4%2026-Q1
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main added10,678,423$425M2.0%2026-Q1
Invesco Ltd. added10,427,373$416M2.0%2026-Q1
FMR LLC trimmed9,992,838$398M1.9%2026-Q1
Bank of New York Mellon Corp trimmed8,823,021$352M1.7%2026-Q1
AMERIPRISE FINANCIAL INC trimmed8,593,814$342M1.6%2026-Q1
DEUTSCHE BANK AG\ trimmed6,529,550$260M1.2%2026-Q1
GOLDMAN SACHS GROUP INC added5,975,778$238M1.1%2026-Q1
MORGAN STANLEY added5,971,038$238M1.1%2026-Q1
NORDEA INVESTMENT MANAGEMENT AB added6,017,633$235M1.1%2026-Q1
BANK OF AMERICA CORP /DE/ added5,460,163$218M1.0%2026-Q1
AQR CAPITAL MANAGEMENT LLC trimmed5,034,389$198M0.9%2026-Q1
DIMENSIONAL FUND ADVISORS LP added4,848,130$193M0.9%2026-Q1
NORTHERN TRUST CORP trimmed4,705,981$188M0.9%2026-Q1
Legal & General Group Plc trimmed4,484,439$178M0.8%2026-Q1
JPMORGAN CHASE & CO added4,410,010$169M0.8%2026-Q1
UBS Group AG added4,003,393$160M0.8%2026-Q1
Amundi trimmed3,964,673$158M0.8%2026-Q1
CANADA PENSION PLAN INVESTMENT BOARD new3,757,109$150M0.7%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added3,538,580$141M0.7%2026-Q1
VANGUARD FIDUCIARY TRUST CO new2,941,492$117M0.6%2026-Q1
Ruffer LLP trimmed2,786,197$111M0.5%2026-Q1
SOROS FUND MANAGEMENT LLC added2,520,236$100M0.5%2026-Q1
THOMPSON SIEGEL & WALMSLEY LLC trimmed2,445,235$97M0.5%2026-Q1
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed2,387,334$96M0.5%2026-Q1
CITIGROUP INC added1,954,583$78M0.4%2026-Q1
Alberta Investment Management Corp added1,944,236$77M0.4%2026-Q1
LANSDOWNE PARTNERS (UK) LLP added1,870,219$75M0.4%2026-Q1
ROYAL BANK OF CANADA added1,820,494$73M0.3%2026-Q1
ALLIANCEBERNSTEIN L.P. trimmed1,867,831$72M0.3%2026-Q1
FIRST TRUST ADVISORS LP added1,751,085$70M0.3%2026-Q1
BARCLAYS PLC trimmed1,611,323$64M0.3%2026-Q1
Swiss National Bank added1,532,397$61M0.3%2026-Q1
SOUND SHORE MANAGEMENT INC /CT/ new1,509,136$60M0.3%2026-Q1
SEI INVESTMENTS CO trimmed1,497,967$60M0.3%2026-Q1
Pictet Asset Management Holding SA trimmed1,419,085$57M0.3%2026-Q1
Polaris Capital Management, LLC trimmed1,366,550$54M0.3%2026-Q1
BNP PARIBAS FINANCIAL MARKETS added1,300,851$52M0.2%2026-Q1
Cullen Capital Management, LLC added1,245,910$50M0.2%2026-Q1
Vontobel Holding Ltd. trimmed1,222,803$49M0.2%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE added1,218,471$49M0.2%2026-Q1
AVIVA PLC added1,212,655$48M0.2%2026-Q1
Sumitomo Mitsui Trust Group, Inc. added1,179,837$47M0.2%2026-Q1
Mitsubishi UFJ Asset Management Co., Ltd. added1,173,007$47M0.2%2026-Q1
Vanguard Global Advisers, LLC new1,162,365$46M0.2%2026-Q1
FIL Ltd trimmed1,157,416$46M0.2%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ added1,123,272$45M0.2%2026-Q1
HSBC HOLDINGS PLC trimmed1,110,677$44M0.2%2026-Q1
Verbena Value LP added1,076,500$43M0.2%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new1,032,139$41M0.2%2026-Q1
Exane Asset Management added836,638$38M0.2%2026-Q1
Capital International Investors added947,319$38M0.2%2026-Q1
RHUMBLINE ADVISERS trimmed930,822$37M0.2%2026-Q1
Russell Investments Group, Ltd. trimmed921,918$37M0.2%2026-Q1
KBC Group NV added875,030$35M0.2%2026-Q1
California Public Employees Retirement System trimmed847,401$34M0.2%2026-Q1
Oslo Pensjonsforsikring AS new837,817$33M0.2%2026-Q1
VAN ECK ASSOCIATES CORP added774,179$31M0.1%2026-Q1
PATTEN & PATTEN INC/TN trimmed774,162$31M0.1%2026-Q1
BANK OF MONTREAL /CAN/ added730,081$29M0.1%2026-Q1
Man Group plc added724,841$29M0.1%2026-Q1
PRINCIPAL FINANCIAL GROUP INC added704,670$28M0.1%2026-Q1
Gotham Asset Management, LLC added699,914$28M0.1%2026-Q1
ExodusPoint Capital Management, LP added676,290$27M0.1%2026-Q1
LAKEWOOD CAPITAL MANAGEMENT, LP trimmed675,897$27M0.1%2026-Q1
ALPS ADVISORS INC trimmed662,744$26M0.1%2026-Q1
MACKENZIE FINANCIAL CORP added670,099$26M0.1%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added635,590$25M0.1%2026-Q1
Compagnie Lombard Odier SCmA trimmed620,957$25M0.1%2026-Q1
BROWN ADVISORY INC added619,368$25M0.1%2026-Q1
Evelyn Partners Investment Management LLP trimmed603,376$24M0.1%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed603,376$24M0.1%2026-Q1
Universal- Beteiligungs- und Servicegesellschaft mbH trimmed584,025$23M0.1%2026-Q1
SALEM INVESTMENT COUNSELORS INC added570,563$23M0.1%2026-Q1
SG Americas Securities, LLC added555,264$22M0.1%2026-Q1
AMERICAN CENTURY COMPANIES INC added551,077$22M0.1%2026-Q1
WORLDQUANT MILLENNIUM ADVISORS LLC added496,871$20M0.1%2026-Q1
CITADEL ADVISORS LLC trimmed496,692$20M0.1%2026-Q1
Eurizon Capital SGR S.p.A. new486,416$19M0.1%2026-Q1
Savant Capital, LLC added467,983$19M0.1%2026-Q1
VANGUARD GROUP INC trimmed60,697,024$2.3B11.1%2025-Q4 stale
Incentive AS trimmed1,843,624$71M0.3%2025-Q4 stale
Brandywine Global Investment Management, LLC new1,404,000$54M0.3%2025-Q4 stale
Liontrust Investment Partners LLP736,253$32M0.2%2025-Q3 stale
VOLORIDGE INVESTMENT MANAGEMENT, LLC new553,106$25M0.1%2025-Q1 stale
Weiss Asset Management LP new526,730$20M0.1%2025-Q4 stale
Albar Capital Partners LLP added475,457$20M0.1%2025-Q3 stale
RIT CAPITAL PARTNERS PLC new460,000$20M0.1%2025-Q2 stale
Foresight Group Ltd Liability Partnership added507,408$20M0.1%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.

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