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, Q4 2025
Institutional positions in South Bow Corp as of Dec 31, 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
- 281
- −6 vs. Q3 2025
- Shares held
- 127.5M
- −12.0M (−8.6%) vs. Q3 2025
- Total value
- $3.51B
- −$391.8M (−10.1%) vs. Q3 2025
- New holders
- 35
- 91 more added
- Sold out
- 41
- 86 more reduced
5 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 305 | $4.59B |
| Q1 2026 | 302 | $4.40B |
| Q4 2025 | 281 | $3.51B |
| Q3 2025 | 292 | $3.90B |
| Q2 2025 | 288 | $3.90B |
| Q1 2025 | 300 | $3.97B |
| Q4 2024 | 285 | $3.28B |
| Q3 2024 | 0 | $0 |
| Q2 2024 | 0 | $0 |
| Q1 2024 | 0 | $0 |
| Q4 2023 | 0 | $0 |
| Q3 2023 | 0 | $0 |
| Q2 2023 | 0 | $0 |
| Q1 2023 | 0 | $0 |
| Q4 2022 | 0 | $0 |
| Q3 2022 | 0 | $0 |
| Q2 2022 | 0 | $0 |
| Q1 2022 | 0 | $0 |
| Q4 2021 | 0 | $0 |
| Q3 2021 | 0 | $0 |
| Q2 2021 | 0 | $0 |
| Q1 2021 | 0 | $0 |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding South Bow Corp; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Envestnet Asset Management Inc | 71,510 | $1.96M | 0.00% | +49,152+219.8% | Added |
| Commonwealth Equity Services, LLC | 71,693 | $1.97M | 0.00% | +656+0.9% | Added |
| Quantbot Technologies LP | 71,811 | $1.97M | 0.07% | −25,349−26.1% | Reduced |
| Pacer Advisors, Inc. | 75,155 | $2.06M | 0.01% | +75,155 | New |
| Alberta Investment Management Corp | 77,528 | $2.13M | 0.01% | −104,500−57.4% | Reduced |
| 1832 Asset Management L.P. | 98,363 | $2.70M | 0.00% | +141+0.1% | Added |
| Northern Trust Corp | 98,697 | $2.71M | 0.00% | −10,859−9.9% | Reduced |
| Trexquant Investment LP | 99,351 | $2.73M | 0.02% | −58,290−37.0% | Reduced |
| Deutsche Bank AG | 103,476 | $2.84M | 0.00% | +3,059+3.0% | Added |
| Capital Group Private Client Services, Inc. | 106,354 | $2.93M | 0.05% | −10,953−9.3% | Reduced |
| Ausbil Investment Management Ltd | 106,483 | $2.93M | 1.67% | 00.0% | Unchanged |
| British Columbia Investment Management Corp | 110,620 | $3.04M | 0.02% | −10,730−8.8% | Reduced |
| Man Group plc | 117,671 | $3.23M | 0.01% | +117,671 | New |
| Triasima Portfolio Management inc. | 118,400 | $3.26M | 0.49% | +5,815+5.2% | Added |
| TCW Group Inc | 123,700 | $3.40M | 0.02% | 00.0% | Unchanged |
| Moors & Cabot, Inc. | 124,151 | $3.41M | 0.15% | +1,700+1.4% | Added |
| UBS Group AG | 125,364 | $3.44M | 0.00% | +7,384+6.3% | Added |
| Russell Investments Group, Ltd. | 128,345 | $3.53M | 0.00% | +14,019+12.3% | Added |
| Franklin Resources Inc | 132,887 | $3.65M | 0.00% | +11,841+9.8% | Added |
| Van Eck Associates Corp | 137,289 | $3.77M | 0.00% | +5,855+4.5% | Added |
| Quadrature Capital Ltd | 141,500 | $3.90M | 0.04% | −325,500−69.7% | Reduced |
| Capital International Sarl | 145,403 | $4.00M | 0.06% | −687−0.5% | Reduced |
| Nuveen, LLC | 155,622 | $4.29M | 0.00% | 00.0% | Unchanged |
| Catalyst Capital Advisors LLC | 161,679 | $4.44M | 0.09% | −42,290−20.7% | Reduced |
| Exchange Traded Concepts, LLC | 178,575 | $4.91M | 0.04% | −30,884−14.7% | Reduced |
| Purpose Unlimited Inc. | 222,293 | $6.11M | 0.28% | +222,293 | New |
| Maryland State Retirement & Pension System | 237,732 | $6.54M | 0.13% | −14,682−5.8% | Reduced |
| Millennium Management LLC | 240,475 | $6.61M | 0.00% | +195,978+440.4% | Added |
| Ninepoint Partners LP | 250,000 | $6.87M | 0.82% | −25,600−9.3% | Reduced |
| Two Sigma Advisers, LP | 253,100 | $6.95M | 0.01% | −162,400−39.1% | Reduced |
| BlackRock, Inc. | 279,356 | $7.67M | 0.00% | +92,120+49.2% | Added |
| FIL Ltd | 293,627 | $8.08M | 0.01% | +23,000+8.5% | Added |
| Federation des caisses Desjardins du Quebec | 306,731 | $8.43M | 0.03% | −729−0.2% | Reduced |
| CIBC Asset Management Inc | 315,155 | $8.67M | 0.02% | +2,593+0.8% | Added |
| Omers Administration Corp | 330,000 | $9.09M | 0.06% | +320,500+3,373.7% | Added |
| Bank of Nova Scotia | 385,197 | $10.6M | 0.02% | +134,155+53.4% | Added |
| Swiss National Bank | 412,320 | $11.4M | 0.01% | +5,200+1.3% | Added |
| Heathbridge Capital Management Ltd. | 419,950 | $11.6M | 4.42% | +214,150+104.1% | Added |
| Charles Schwab Investment Management Inc | 441,204 | $12.2M | 0.00% | −783−0.2% | Reduced |
| Mackenzie Financial Corp | 463,475 | $13.1M | 0.02% | +177,016+61.8% | Added |
| Qube Research & Technologies Ltd | 532,722 | $14.6M | 0.02% | −251,843−32.1% | Reduced |
| National Bank of Canada | 696,794 | $19.0M | 0.02% | +178,495+34.4% | Added |
| Geode Capital Management, LLC | 692,541 | $19.1M | 0.00% | +487,904+238.4% | Added |
| Citadel Advisors LLC | 700,200 | $19.2M | 0.01% | +677,279+2,954.8% | Added |
| Blackstone Group Inc. | 709,098 | $19.5M | 0.08% | −1,461,311−67.3% | Reduced |
| Barclays PLC | 748,859 | $20.6M | 0.01% | −29,567−3.8% | Reduced |
| Portland Investment Counsel Inc. | 751,044 | $20.7M | 6.22% | 00.0% | Unchanged |
| Two Sigma Investments, LP | 765,932 | $21.0M | 0.03% | −4,978−0.6% | Reduced |
| Miller Howard Investments Inc | 798,348 | $21.9M | 0.66% | +35,331+4.6% | Added |
| Norges Bank | 893,176 | $24.6M | 0.00% | +893,176 | New |
| Tortoise Capital Advisors, L.L.C. | 942,091 | $25.9M | 0.33% | −737−0.1% | Reduced |
| Intact Investment Management Inc. | 964,360 | $26.5M | 0.76% | +158,100+19.6% | Added |
| Goldman Sachs Group Inc | 1,050,023 | $28.8M | 0.00% | −1,246,885−54.3% | Reduced |
| Westwood Holdings Group Inc. | 1,077,286 | $29.6M | 0.24% | +34,247+3.3% | Added |
| Toronto Dominion Bank | 1,194,847 | $32.9M | 0.06% | +499,094+71.7% | Added |
| Brookfield Asset Management Inc. | 1,212,156 | $33.3M | 0.04% | −88,002−6.8% | Reduced |
| Boston Partners | 1,311,881 | $35.8M | 0.04% | −18,481−1.4% | Reduced |
| TD Waterhouse Canada Inc. | 1,336,103 | $36.7M | 0.23% | +93,805+7.6% | Added |
| Recurrent Investment Advisors LLC | 1,370,635 | $37.8M | 2.79% | −235,329−14.7% | Reduced |
| Manufacturers Life Insurance Company, The | 1,373,600 | $37.9M | 0.03% | −35,670−2.5% | Reduced |
| Cushing Asset Management, LP | 1,490,500 | $40.9M | 2.35% | −40,000−2.6% | Reduced |
| Morgan Stanley | 1,511,797 | $41.5M | 0.00% | −37,243−2.4% | Reduced |
| Invesco Ltd. | 1,523,169 | $41.8M | 0.00% | +16,230+1.1% | Added |
| American Century Companies Inc | 1,529,980 | $42.1M | 0.02% | +570,949+59.5% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 1,612,433 | $44.3M | 0.12% | +493,801+44.1% | Added |
| Bank of America Corp | 1,617,660 | $44.4M | 0.00% | −734,745−31.2% | Reduced |
| Canada Pension Plan Investment Board | 1,650,000 | $45.4M | 0.03% | +315,000+23.6% | Added |
| Legal & General Group Plc | 1,855,728 | $51.1M | 0.01% | −197,784−9.6% | Reduced |
| Scotia Capital Inc. | 2,053,500 | $56.4M | 0.23% | +256,246+14.3% | Added |
| TD Asset Management Inc | 2,055,635 | $56.6M | 0.05% | +359,108+21.2% | Added |
| Dimensional Fund Advisors LP | 2,348,827 | $64.5M | 0.01% | +799,707+51.6% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 2,391,584 | $65.7M | 0.10% | +212,978+9.8% | Added |
| Thornburg Investment Management Inc | 2,829,875 | $77.8M | 0.98% | +832,574+41.7% | Added |
| CIBC World Markets Inc. | 3,571,092 | $98.2M | 0.18% | +376,514+11.8% | Added |
| Bank of Montreal | 6,145,325 | $169.0M | 0.07% | −13,055−0.2% | Reduced |
| Price T Rowe Associates Inc | 6,456,032 | $177.3M | 0.02% | −2,676,370−29.3% | Reduced |
| Clearbridge Investments, LLC | 7,262,965 | $199.5M | 0.16% | +209,864+3.0% | Added |
| Vanguard Group Inc | 8,667,365 | $238.4M | 0.00% | +118,147+1.4% | Added |
| FMR LLC | 10,082,858 | $277.3M | 0.01% | −3,570,347−26.2% | Reduced |
| Capital International Investors | 15,483,085 | $425.8M | 0.07% | +94,772+0.6% | Added |
| Royal Bank of Canada | 16,592,199 | $455.8M | 0.08% | −5,994,200−26.5% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 0 | $0 | 0.00% | −1,950,000−100.0% | Sold out |
| Bornite Capital Management LP | 0 | $0 | 0.00% | −400,000−100.0% | Sold out |
| Renaissance Technologies LLC | 0 | $0 | 0.00% | −239,180−100.0% | Sold out |
| Voloridge Investment Management, LLC | 0 | $0 | 0.00% | −80,602−100.0% | Sold out |
| Aigen Investment Management, LP | 0 | $0 | 0.00% | −22,339−100.0% | Sold out |
| BNP Paribas Arbitrage, SA | 0 | $0 | 0.00% | −25,743−100.0% | Sold out |
| Meixler Investment Management, Ltd. | 0 | $0 | 0.00% | −24,125−100.0% | Sold out |
| 111 Capital | 0 | $0 | 0.00% | −22,787−100.0% | Sold out |
| Marshall Wace, LLP | 0 | $0 | 0.00% | −22,026−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −18,128−100.0% | Sold out |
| Susquehanna International Group, LLP | 0 | $0 | 0.00% | −17,085−100.0% | Sold out |
| Americana Partners, LLC | 0 | $0 | 0.00% | −15,370−100.0% | Sold out |
| Brevan Howard Capital Management LP | 0 | $0 | 0.00% | −11,256−100.0% | Sold out |
| FourThought Financial Partners, LLC | 0 | $0 | 0.00% | −11,008−100.0% | Sold out |
| Engineers Gate Manager LP | 0 | $0 | 0.00% | −9,952−100.0% | Sold out |
| Ingalls & Snyder LLC | 0 | $0 | 0.00% | −8,885−100.0% | Sold out |
| Diametric Capital, LP | 0 | $0 | 0.00% | −8,621−100.0% | Sold out |
| Entropy Technologies, LP | 0 | $0 | 0.00% | −7,800−100.0% | Sold out |
| O'Shaughnessy Asset Management, LLC | 0 | $0 | 0.00% | −7,589−100.0% | Sold out |