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South Bow Corp

SOBO
Exchange
NYSE
Industry
Pipe Lines (No Natural Gas)
SEC CIK
0002019061

No open-market purchases or sales by South Bow Corp insiders were filed in the last 90 days; 305 institutions reported holding it in 13F filings for Q2 2026, worth $4.59B in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in South Bow Corp as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
292
+9 vs. Q2 2025
Shares held
139.5M
−3.62M (−2.5%) vs. Q2 2025
Total value
$3.90B
+$184.3M (+5.0%) vs. Q2 2025
New holders
33
93 more added
Sold out
24
78 more reduced

5 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting SOBO on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 292 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 0 institutionsQ1 2022: 0 institutionsQ2 2022: 0 institutionsQ3 2022: 0 institutionsQ4 2022: 0 institutionsQ1 2023: 0 institutionsQ2 2023: 0 institutionsQ3 2023: 0 institutionsQ4 2023: 0 institutionsQ1 2024: 0 institutionsQ2 2024: 0 institutionsQ3 2024: 0 institutionsQ4 2024: 285 institutionsQ1 2025: 300 institutionsQ2 2025: 288 institutionsQ3 2025: 292 institutionsQ4 2025: 281 institutionsQ1 2026: 302 institutionsQ2 2026: 305 institutions
Value heldQ3 2025: $3.90B
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $0Q1 2022: $0Q2 2022: $0Q3 2022: $0Q4 2022: $0Q1 2023: $0Q2 2023: $0Q3 2023: $0Q4 2023: $0Q1 2024: $0Q2 2024: $0Q3 2024: $0Q4 2024: $3.28BQ1 2025: $3.97BQ2 2025: $3.90BQ3 2025: $3.90BQ4 2025: $3.51BQ1 2026: $4.40BQ2 2026: $4.59B
Institutions holding SOBO and their total value by quarter
QuarterHoldersValue
Q2 2026305$4.59B
Q1 2026302$4.40B
Q4 2025281$3.51B
Q3 2025292$3.90B
Q2 2025288$3.90B
Q1 2025300$3.97B
Q4 2024285$3.28B
Q3 20240$0
Q2 20240$0
Q1 20240$0
Q4 20230$0
Q3 20230$0
Q2 20230$0
Q1 20230$0
Q4 20220$0
Q3 20220$0
Q2 20220$0
Q1 20220$0
Q4 20210$0
Q3 20210$0
Q2 20210$0
Q1 20210$0

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding South Bow Corp; share changes are against Q2 2025.

Institutions holding SOBO in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Royal Bank of Canada22,586,399$639.0M0.11%−1,940,046−7.9%Reduced
Capital International Investors15,388,313$435.4M0.07%−7,1940.0%Reduced
FMR LLC13,653,205$386.3M0.02%+262,094+2.0%Added
Price T Rowe Associates Inc9,132,402$258.4M0.03%−3,683,898−28.7%Reduced
Vanguard Group Inc8,549,218$241.9M0.00%+209,013+2.5%Added
Clearbridge Investments, LLC7,053,101$199.5M0.15%+7,042,585+66,970.2%Added
Bank of Montreal6,158,380$125.2M0.05%+21,722+0.4%Added
CIBC World Markets Inc.3,194,578$90.4M0.19%+47,562+1.5%Added
Bank of America Corp2,352,405$66.5M0.00%+111,302+5.0%Added
Goldman Sachs Group Inc2,296,908$65.0M0.01%−4,435,845−65.9%Reduced
Mirae Asset Global ETFs Holdings Ltd.2,178,606$61.6M0.10%−132,881−5.7%Reduced
Blackstone Group Inc.2,170,409$61.4M0.26%−1,739,161−44.5%Reduced
Legal & General Group Plc2,053,512$58.1M0.01%−99,541−4.6%Reduced
Thornburg Investment Management Inc1,997,301$56.5M0.74%+341,281+20.6%Added
Healthcare of Ontario Pension Plan Trust Fund1,950,000$55.2M0.10%+80,000+4.3%Added
Scotia Capital Inc.1,797,254$50.4M0.21%+32,927+1.9%Added
TD Asset Management Inc1,696,527$48.0M0.04%+229,806+15.7%Added
Recurrent Investment Advisors LLC1,605,964$45.6M3.49%+1,100+0.1%Added
Morgan Stanley1,549,040$43.8M0.00%+797,582+106.1%Added
Dimensional Fund Advisors LP1,549,120$43.8M0.01%+539,281+53.4%Added
Cushing Asset Management, LP1,530,500$43.3M2.46%+4,400+0.3%Added
Invesco Ltd.1,506,939$42.6M0.01%−51,884−3.3%Reduced
Manufacturers Life Insurance Company, The1,409,270$39.9M0.03%+26,858+1.9%Added
Canada Pension Plan Investment Board1,335,000$37.8M0.03%−365,000−21.5%Reduced
Boston Partners1,330,362$37.7M0.04%−177,137−11.8%Reduced
Brookfield Asset Management Inc.1,300,158$36.8M0.04%+1,300,120+3,421,368.4%Added
TD Waterhouse Canada Inc.1,242,298$34.6M0.23%+19,401+1.6%Added
Connor, Clark & Lunn Investment Management Ltd.1,118,632$31.6M0.10%+127,691+12.9%Added
Westwood Holdings Group Inc.1,043,039$29.5M0.21%−66,307−6.0%Reduced
American Century Companies Inc959,031$27.1M0.01%+790,111+467.7%Added
Tortoise Capital Advisors, L.L.C.942,828$26.7M0.34%+11,281+1.2%Added
Intact Investment Management Inc.806,260$22.8M0.69%+5,900+0.7%Added
Qube Research & Technologies Ltd784,565$22.2M0.03%+650,648+485.9%Added
Barclays PLC778,426$22.0M0.01%−92,432−10.6%Reduced
Two Sigma Investments, LP770,910$21.8M0.03%+623,189+421.9%Added
Miller Howard Investments Inc763,017$21.6M0.66%+16,418+2.2%Added
Portland Investment Counsel Inc.751,044$21.3M5.82%−242,600−24.4%Reduced
Toronto Dominion Bank695,753$19.7M0.04%−260,286−27.2%Reduced
Pictet Asset Management Holding SA598,869$16.9M0.02%+3,117+0.5%Added
National Bank of Canada518,299$14.4M0.02%−77,580−13.0%Reduced
Quadrature Capital Ltd467,000$13.2M0.16%+406,302+669.4%Added
Charles Schwab Investment Management Inc441,987$12.5M0.00%+20,301+4.8%Added
Two Sigma Advisers, LP415,500$11.8M0.02%+294,100+242.3%Added
Swiss National Bank407,120$11.5M0.01%+6,500+1.6%Added
Bornite Capital Management LP400,000$11.3M1.05%00.0%Unchanged
D. E. Shaw & Co., Inc.344,232$9.74M0.01%+281,600+449.6%Added
Jane Street Group, LLC313,567$8.87M0.01%−10,825−3.3%Reduced
CIBC Asset Management Inc312,562$8.83M0.03%+8,899+2.9%Added
Federation des caisses Desjardins du Quebec307,460$8.62M0.03%+26,500+9.4%Added
Mackenzie Financial Corp286,459$8.10M0.01%−203,120−41.5%Reduced
Ninepoint Partners LP275,600$7.80M1.08%−24,400−8.1%Reduced
FIL Ltd270,627$7.66M0.01%00.0%Unchanged
Maryland State Retirement & Pension System252,414$7.14M0.15%−1,154−0.5%Reduced
Bank of Nova Scotia251,042$7.10M0.01%−2,097,512−89.3%Reduced
Renaissance Technologies LLC239,180$6.77M0.01%+75,300+45.9%Added
Exchange Traded Concepts, LLC209,459$5.93M0.06%−12,523−5.6%Reduced
Heathbridge Capital Management Ltd.205,800$5.82M2.23%−1,800−0.9%Reduced
Geode Capital Management, LLC204,637$5.82M0.00%+32,146+18.6%Added
Catalyst Capital Advisors LLC203,969$5.77M0.12%−20,610−9.2%Reduced
BlackRock, Inc.187,236$5.30M0.00%+27,199+17.0%Added
Alberta Investment Management Corp182,028$5.15M0.04%+33,700+22.7%Added
Trexquant Investment LP157,641$4.46M0.05%+84,784+116.4%Added
Nuveen, LLC155,622$4.40M0.00%00.0%Unchanged
Capital International Sarl146,090$4.13M0.07%+25,781+21.4%Added
Van Eck Associates Corp131,434$3.72M0.00%−50,072−27.6%Reduced
TCW Group Inc123,700$3.50M0.03%+11,100+9.9%Added
Moors & Cabot, Inc.122,451$3.46M0.15%+2,025+1.7%Added
British Columbia Investment Management Corp121,350$3.43M0.02%−4,995−4.0%Reduced
Franklin Resources Inc121,046$3.42M0.00%+27,661+29.6%Added
JPMorgan Chase & Co118,991$3.37M0.00%+79,858+204.1%Added
UBS Group AG117,980$3.34M0.00%−77,878−39.8%Reduced
Capital Group Private Client Services, Inc.117,307$3.32M0.06%−106,437−47.6%Reduced
Russell Investments Group, Ltd.114,326$3.24M0.00%+1,827+1.6%Added
Triasima Portfolio Management inc.112,585$3.19M0.48%−4,300−3.7%Reduced
Northern Trust Corp109,556$3.10M0.00%−24,895−18.5%Reduced
Ausbil Investment Management Ltd106,483$2.98M1.59%−20,873−16.4%Reduced
Neuberger Berman Group LLC103,628$2.93M0.00%+749+0.7%Added
Deutsche Bank AG100,417$2.84M0.00%+338+0.3%Added
1832 Asset Management L.P.98,222$2.78M0.00%+3,844+4.1%Added
Quantbot Technologies LP97,160$2.75M0.07%−32,391−25.0%Reduced
Voloridge Investment Management, LLC80,602$2.28M0.01%−74,885−48.2%Reduced
Commonwealth Equity Services, LLC71,037$2.01M0.00%+2,216+3.2%Added
HighTower Advisors, LLC67,862$1.92M0.00%+5,081+8.1%Added
Heronetta Management, L.P.46,497$1.81M0.99%00.0%Unchanged
Public Employees Retirement System of Ohio61,434$1.74M0.01%+161+0.3%Added
Vident Advisory, LLC58,276$1.65M0.02%−10,827−15.7%Reduced
Capital International Ltd55,417$1.57M0.06%+3,441+6.6%Added
Raymond James Financial Inc55,019$1.56M0.00%−2,775−4.8%Reduced
XTX Topco Ltd52,751$1.49M0.08%−29,674−36.0%Reduced
Greenline Partners, LLC50,083$1.42M0.17%−2,123−4.1%Reduced
Millennium Management LLC44,497$1.26M0.00%+2,066+4.9%Added
Zurcher Kantonalbank (Zurich Cantonalbank)39,790$1.13M0.00%−4,600−10.4%Reduced
Oppenheimer & Co Inc39,595$1.12M0.01%+6,737+20.5%Added
Schonfeld Strategic Advisors LLC38,434$1.09M0.01%+18,793+95.7%Added
LPL Financial LLC37,884$1.07M0.00%+6,484+20.6%Added
Capstone Investment Advisors, LLC37,116$1.05M0.01%+37,116New
Capital International Inc36,726$1.04M0.01%+3,013+8.9%Added
Steadtrust LLC34,490$975.7K0.66%−200−0.6%Reduced
CenterBook Partners LP32,308$914.0K0.05%−12,598−28.1%Reduced
Alps Advisors Inc31,593$893.8K0.00%+15,477+96.0%Added