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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, Q1 2026

Institutional positions in South Bow Corp as of Mar 31, 2026. 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
302
+26 vs. Q4 2025
Shares held
132.2M
+14.2M (+12.1%) vs. Q4 2025
Total value
$4.40B
+$1.16B (+35.6%) vs. Q4 2025
New holders
53
83 more added
Sold out
27
83 more reduced

5 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 302 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 heldQ1 2026: $4.40B
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, Q1 2026

Shares, value and share of portfolio for each institution holding South Bow Corp; share changes are against Q4 2025.

Institutions holding SOBO in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Royal Bank of Canada16,403,383$546.6M0.10%−188,816−1.1%Reduced
Capital Research Global Investors10,278,370$341.9M0.05%+10,278,370New
FMR LLC9,671,599$321.8M0.02%−411,259−4.1%Reduced
Clearbridge Investments, LLC8,669,957$288.9M0.25%+1,406,992+19.4%Added
Bank of Montreal6,592,749$219.4M0.09%+447,424+7.3%Added
Vanguard Capital Management LLC5,967,999$198.5M0.00%+5,967,999New
Price T Rowe Associates Inc5,237,110$174.5M0.02%−1,218,922−18.9%Reduced
Capital International Investors4,313,599$143.5M0.03%−11,169,486−72.1%Reduced
Thornburg Investment Management Inc3,632,875$120.7M1.25%+803,000+28.4%Added
CIBC World Markets Inc.3,439,260$114.4M0.20%−131,832−3.7%Reduced
Dimensional Fund Advisors LP2,914,614$97.1M0.02%+565,787+24.1%Added
Connor, Clark & Lunn Investment Management Ltd.2,793,557$92.8M0.21%+1,181,124+73.3%Added
TD Asset Management Inc2,375,127$78.8M0.06%+319,492+15.5%Added
Canada Pension Plan Investment Board2,299,000$76.5M0.05%+649,000+39.3%Added
Mirae Asset Global ETFs Holdings Ltd.2,234,405$74.5M0.10%−157,179−6.6%Reduced
Bank of America Corp1,993,768$66.4M0.00%+376,108+23.3%Added
TD Waterhouse Canada Inc.1,930,689$61.9M0.18%+594,586+44.5%Added
Vanguard Fiduciary Trust Co1,822,277$60.6M0.02%+1,822,277New
Scotia Capital Inc.1,788,858$59.3M0.24%−264,642−12.9%Reduced
Legal & General Group Plc1,761,185$58.4M0.01%−94,543−5.1%Reduced
Murchinson Ltd.1,725,100$57.5M23.10%+1,725,100New
Invesco Ltd.1,522,659$50.7M0.00%−5100.0%Reduced
Goldman Sachs Group Inc1,409,919$47.0M0.01%+359,896+34.3%Added
Two Sigma Investments, LP1,389,388$46.3M0.04%+623,456+81.4%Added
Morgan Stanley1,334,795$44.5M0.00%−177,002−11.7%Reduced
Manufacturers Life Insurance Company, The1,292,485$43.0M0.04%−81,115−5.9%Reduced
Vanguard Global Advisers, LLC1,270,525$42.3M0.02%+1,270,525New
Boston Partners1,238,939$41.3M0.04%−72,942−5.6%Reduced
Westwood Holdings Group Inc.1,191,935$39.7M0.29%+114,649+10.6%Added
Recurrent Investment Advisors LLC1,161,016$38.7M2.33%−209,619−15.3%Reduced
Toronto Dominion Bank1,115,060$37.1M0.07%−79,787−6.7%Reduced
Intact Investment Management Inc.1,065,860$35.4M1.01%+101,500+10.5%Added
Portland Investment Counsel Inc.970,061$32.3M10.36%+219,017+29.2%Added
Tortoise Capital Advisors, L.L.C.960,084$32.0M0.33%+17,993+1.9%Added
Geode Capital Management, LLC879,125$31.8M0.00%+186,584+26.9%Added
Barclays PLC936,031$31.2M0.01%+187,172+25.0%Added
American Century Companies Inc909,742$30.3M0.02%−620,238−40.5%Reduced
Cushing Asset Management, LP865,500$28.8M1.44%−625,000−41.9%Reduced
JPMorgan Chase & Co770,105$26.4M0.00%+712,498+1,236.8%Added
Alberta Investment Management Corp742,851$24.7M0.15%+665,323+858.2%Added
Blackstone Group Inc.697,176$23.2M0.10%−11,922−1.7%Reduced
Miller Howard Investments Inc527,789$17.6M0.48%−270,559−33.9%Reduced
Brookfield Asset Management Inc.517,205$17.2M0.02%−694,951−57.3%Reduced
Mackenzie Financial Corp496,275$16.5M0.02%+32,800+7.1%Added
National Bank of Canada491,500$16.1M0.02%−205,294−29.5%Reduced
Charles Schwab Investment Management Inc484,380$16.1M0.00%+43,176+9.8%Added
D. E. Shaw & Co., Inc.442,774$14.7M0.01%+433,547+4,698.7%Added
Swiss National Bank412,320$13.7M0.01%00.0%Unchanged
Citadel Advisors LLC402,525$13.4M0.01%−297,675−42.5%Reduced
CIBC Asset Management Inc340,103$11.3M0.03%+24,948+7.9%Added
Heathbridge Capital Management Ltd.337,200$11.2M4.07%−82,750−19.7%Reduced
Federation des caisses Desjardins du Quebec307,181$10.2M0.04%+450+0.1%Added
FIL Ltd293,627$9.77M0.01%00.0%Unchanged
Maryland State Retirement & Pension System255,294$8.48M0.17%+17,562+7.4%Added
Ninepoint Partners LP250,000$8.33M0.98%00.0%Unchanged
Man Group plc236,872$7.89M0.02%+119,201+101.3%Added
Bank of Nova Scotia222,862$7.41M0.01%−162,335−42.1%Reduced
Millennium Management LLC222,373$7.41M0.01%−18,102−7.5%Reduced
Exchange Traded Concepts, LLC214,832$7.16M0.06%+36,257+20.3%Added
BlackRock, Inc.200,170$6.67M0.00%−79,186−28.3%Reduced
Purpose Unlimited Inc.195,794$6.51M0.27%−26,499−11.9%Reduced
British Columbia Investment Management Corp178,042$5.92M0.04%+67,422+60.9%Added
Van Eck Associates Corp177,873$5.92M0.00%+40,584+29.6%Added
UBS Group AG169,718$5.66M0.00%+44,354+35.4%Added
Franklin Resources Inc167,512$5.57M0.00%+34,625+26.1%Added
Vanguard Asset Management, Ltd157,715$5.25M0.00%+157,715New
Vanguard Investments Australia, Ltd.156,513$5.21M0.02%+156,513New
Jane Street Group, LLC156,308$5.19M0.01%+109,813+236.2%Added
Nuveen, LLC155,622$5.16M0.00%00.0%Unchanged
Viewpoint Investment Partners Corp159,518$5.04M2.33%+159,518New
SIG North Trading, ULC137,208$4.57M0.92%+83,710+156.5%Added
BCV Asset Management Inc.133,672$4.47M0.15%+133,672New
Moors & Cabot, Inc.127,026$4.23M0.18%+2,875+2.3%Added
Capital International Sarl125,628$4.17M0.07%−19,775−13.6%Reduced
TCW Group Inc125,100$4.17M0.03%+1,400+1.1%Added
Catalyst Capital Advisors LLC121,679$4.05M0.08%−40,000−24.7%Reduced
Quadrature Capital Ltd119,700$3.97M0.05%−21,800−15.4%Reduced
1832 Asset Management L.P.115,371$3.84M0.01%+17,008+17.3%Added
Triasima Portfolio Management inc.113,460$3.76M0.57%−4,940−4.2%Reduced
Capital World Investors109,565$3.65M0.00%+109,565New
Quantbot Technologies LP108,408$3.61M0.15%+36,597+51.0%Added
Ausbil Investment Management Ltd106,483$3.45M1.72%00.0%Unchanged
Deutsche Bank AG102,778$3.42M0.00%−698−0.7%Reduced
Northern Trust Corp95,349$3.18M0.00%−3,348−3.4%Reduced
Wiley Bros.-Aintree Capital, LLC86,708$2.86M0.01%+19,678+29.4%Added
Envestnet Asset Management Inc83,369$2.78M0.00%+11,859+16.6%Added
Russell Investments Group, Ltd.82,895$2.75M0.00%−45,450−35.4%Reduced
HRT Financial LP82,382$2.74M0.01%+66,693+425.1%Added
Voloridge Investment Management, LLC80,726$2.69M0.01%+80,726New
Commonwealth Equity Services, LLC71,417$2.38M0.00%−276−0.4%Reduced
Magnetar Financial LLC70,310$2.34M0.02%+70,310New
Vident Advisory, LLC70,412$2.34M0.02%+14,947+26.9%Added
HighTower Advisors, LLC69,412$2.31M0.00%−916−1.3%Reduced
Capital International Ltd67,471$2.24M0.08%+916+1.4%Added
Public Employees Retirement System of Ohio66,711$2.21M0.01%−70.0%Reduced
Lazard Asset Management LLC64,162$2.14M0.00%+64,162New
Capital Group Private Client Services, Inc.59,385$1.98M0.03%−46,969−44.2%Reduced
Raymond James Financial Inc55,408$1.85M0.00%+89+0.2%Added
Zurcher Kantonalbank (Zurich Cantonalbank)53,727$1.78M0.00%+9,237+20.8%Added
Greenline Partners, LLC49,462$1.65M0.18%−405−0.8%Reduced