How is institutional ownership of SANG changing?

SANG institutional ownership rose by 1.85 percentage points quarter-over-quarter, with a net change of +0 holders.

How concentrated is SANG ownership among the top holders?

The top 10 institutions account for 98.7% of all reported 13F value in SANG, and the top 25 account for 100.0%.

Where does this SANG institutional ownership data come from?

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 Q2 2026 | Top 13F Holders

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Institutional ownership increased this quarter (+1.85 pp), though top 10 holders maintain a highly concentrated 98.7% of institutional value.

Institutional Ownership23.5%$28M total value · ▲ +1.85 pp vs prior quarter

Smart Money Score71 / 100Bullish

Institutions & Flow22 holders0 net flow (+2 / -2)

AI Insights & Key Takeaways

Positive Institutional Flow (+0)
Marquee funds including Susquehanna International Group, Llp and Citadel Advisors Llc maintain significant positions
Top 10 holders control 98.7% of institutional value
No Insider Signal

Top Institutional Holders of SANG

Ranked by reported Q2 2026 13F market value

Top 10 Holders

98.7%

Top 25 Holders

100.0%

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

Quarterly Institutional Activity

Filings activity in SANG during Q2 2026, grouped by how each filer changed its position.

SANG Institutional Ownership by Quarter

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%

SANG — Frequently Asked Questions

Quick answers to the most common questions about buying SANG stock.

What percentage of SANG is owned by institutions?

Based on Q2 2026 13F filings, institutional ownership of Sangoma Technologies Corporation stands at 23.5%, held across 22 reporting institutions.

Who is the largest institutional holder of SANG?

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.

Is SANG a hedge fund favorite?

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.

What is SANG's Smart Money Score?

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.

How many institutions bought SANG this quarter?