Ranked by reported Q2 2026 13F market value
Share of total reported institutional value in SANG held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | PenderFund Capital Management Ltd. | 4.4M | $16.7M | +55.5% | 13.205% | 2.14% |
| 2 | INTACT INVESTMENT MANAGEMENT INC. | 695K | $2.7M | -3.1% | 2.092% | 0.08% |
| 3 | Ewing Morris & Co. Investment Partners Ltd. | 669K | $2.6M | +0.1% | 2.014% | 1.33% |
| 4 | PPM AMERICA INC/IL | 689K | $2.5M | 0.0% | 2.073% | 16.91% |
| 5 | TD Waterhouse Canada Inc. | 457K | $1.7M | 0.0% | 1.376% | 0.00% |
| 6 | Connor, Clark & Lunn Investment Management Ltd. | 216K | $809K | -7.9% | 0.651% | 0.00% |
| 7 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 146K | $558K | -14.7% | 0.441% | 0.00% |
| 8 | GOLDMAN SACHS GROUP INC | 40K | $150K | +14.4% | 0.120% | 0.00% |
| 9 | ROYAL BANK OF CANADA | 35K | $133K | -41.6% | 0.106% | 0.00% |
| 10 | NATIONAL BANK OF CANADA /FI/ | 31K | $110K | -67.8% | 0.094% | 0.00% |
| 11 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 22K | $81K | -8.2% | 0.066% | 0.00% |
| 12 | CITADEL ADVISORS LLC | 21K | $77K | +66.5% | 0.063% | 0.00% |
| 13 | MORGAN STANLEY | 20K | $74K | -0.5% | 0.059% | 0.00% |
| 14 | JANE STREET GROUP, LLC | 19K | $70K | — | 0.056% | 0.00% |
| 15 | Legacy Advisors, LLC | 10K | $38K | 0.0% | 0.030% | 0.00% |
| 16 | BARD ASSOCIATES INC | 4K | $14K | -93.6% | 0.011% | 0.00% |
| 17 | Federation des caisses Desjardins du Quebec | 2K | $6K | +1.3% | 0.006% | 0.00% |
| 18 | Tower Research Capital LLC (TRC) | 1K | $4K | -67.7% | 0.003% | 0.00% |
| 19 | UBS Group AG | 190 | $716 | -10.4% | 0.001% | 0.00% |
| 20 | Claret Asset Management Corp | 171K | $651 | +2.0% | 0.514% | 0.07% |
| 21 | ACADIAN ASSET MANAGEMENT LLC | 164K | $617 | -0.2% | 0.495% | 0.00% |
| 22 | SBI Securities Co., Ltd. | 3 | $11 | — | 0.000% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in SANG — a direct measure of their conviction.
Filings activity in SANG during Q2 2026, grouped by how each filer changed its position.
Institutions that opened a new SANG position in Q2 2026
Institutions that fully closed their SANG position in Q2 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 22 | +0.0% | 23.47% | +1.85 pp | $28M | +5.7% |
| Q1 2026 | 22 | +10% | 21.62% | +2.87 pp | $27M | 9.9% |
| Q4 2025 | 20 | +5.3% | 18.75% | +0.72 pp | $30M | +4.9% |
| Q3 2025 | 19 | 17% | 18.03% | 1.43 pp | $28M | 26% |
| Q2 2025 | 23 | +0.0% | 19.46% | 3.89 pp | $38M | 7.8% |
| Q1 2025 | 23 | 4.2% | 23.35% | +0.23 pp | $41M | 35% |
| Q4 2024 | 24 | 7.7% | 23.12% | +3.90 pp | $64M | +58% |
| Q3 2024 | 26 | — | 19.22% | — | $40M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying SANG stock.
Based on Q2 2026 13F filings, institutional ownership of Sangoma Technologies Corporation stands at 23.5%, held across 22 reporting institutions.
PenderFund Capital Management Ltd. is the largest reported institutional holder of SANG, with approximately 4,386,194 shares worth $0.02B as of Q2 2026.
Yes — 3 widely-followed marquee investors appear among the top 25 institutional holders of SANG, including SUSQUEHANNA INTERNATIONAL GROUP, LLP, CITADEL ADVISORS LLC, JANE STREET GROUP, LLC.
Our composite Smart Money Score for SANG is 71 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
2 institutions opened new positions in SANG during Q2 2026, while 2 fully exited. 3 added to existing positions and 17 trimmed.
SANG institutional ownership rose by 1.85 percentage points quarter-over-quarter, with a net change of +0 holders.
The top 10 institutions account for 98.7% of all reported 13F value in SANG, and the top 25 account for 100.0%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Sangoma Technologies Corporation (SANG) Institutional Ownership