Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in SHG held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 2.5M | $150.3M | +21.0% | 0.519% | 0.00% |
| 2 | MORGAN STANLEY | 1.9M | $115.0M | +10.5% | 0.397% | 0.01% |
| 3 | London & Capital Asset Management Ltd | 1.8M | $111.7M | -9.4% | 0.386% | 1.22% |
| 4 | LAZARD ASSET MANAGEMENT LLC | 1.7M | $102.1M | -0.4% | 0.352% | 0.17% |
| 5 | AMERICAN CENTURY COMPANIES INC | 1.5M | $94.2M | +24.7% | 0.325% | 0.05% |
| 6 | DIMENSIONAL FUND ADVISORS LP | 1.4M | $87.3M | -6.1% | 0.301% | 0.02% |
| 7 | NORTHERN TRUST CORP | 1.4M | $83.1M | -8.1% | 0.287% | 0.01% |
| 8 | PZENA INVESTMENT MANAGEMENT LLC | 691K | $42.4M | -24.3% | 0.146% | 0.14% |
| 9 | BANK OF AMERICA CORP /DE/ | 518K | $31.7M | -26.9% | 0.110% | 0.00% |
| 10 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 490K | $30.1M | -45.2% | 0.104% | 0.02% |
| 11 | GOLDMAN SACHS GROUP INC | 404K | $24.8M | +96.5% | 0.086% | 0.00% |
| 12 | VANGUARD CAPITAL MANAGEMENT LLC | 304K | $18.6M | — | 0.064% | 0.00% |
| 13 | Creative Planning | 301K | $18.5M | +30.7% | 0.064% | 0.01% |
| 14 | Capital Wealth Planning, LLC | 276K | $16.9M | — | 0.059% | 0.09% |
| 15 | CAUSEWAY CAPITAL MANAGEMENT LLC | 254K | $15.5M | -56.3% | 0.054% | 0.19% |
| 16 | Ramirez Asset Management, Inc. | 242K | $15.2M | +8.6% | 0.051% | 1.83% |
| 17 | TWO SIGMA INVESTMENTS, LP | 237K | $14.5M | -13.0% | 0.050% | 0.01% |
| 18 | ENVESTNET ASSET MANAGEMENT INC | 232K | $14.2M | +6.8% | 0.049% | 0.00% |
| 19 | WELLINGTON MANAGEMENT GROUP LLP | 210K | $12.9M | -5.8% | 0.044% | 0.00% |
| 20 | Qube Research & Technologies Ltd | 204K | $12.5M | +644.0% | 0.043% | 0.01% |
| 21 | O'SHAUGHNESSY ASSET MANAGEMENT, LLC | 204K | $12.5M | +4.9% | 0.043% | 0.06% |
| 22 | Promethos Capital, LLC | 201K | $12.3M | +0.1% | 0.043% | 3.32% |
| 23 | Quantinno Capital Management LP | 173K | $10.6M | +40.5% | 0.037% | 0.02% |
| 24 | VOLORIDGE INVESTMENT MANAGEMENT, LLC | 161K | $9.9M | +47.5% | 0.034% | 0.04% |
| 25 | Sanders Capital, LLC | 154K | $9.4M | -2.5% | 0.033% | 0.01% |
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 SHG — a direct measure of their conviction.
Filings activity in SHG during Q1 2026, grouped by how each filer changed its position.
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 |
|---|---|---|---|---|---|---|
| Q1 2026 | 279 | +4.9% | 4.23% | +0.40 pp | $1.34B | +10% |
| Q4 2025 | 266 | +15% | 3.83% | +0.60 pp | $1.22B | +19% |
| Q3 2025 | 232 | +0.4% | 3.23% | +0.43 pp | $1.03B | +15% |
| Q2 2025 | 231 | +14% | 2.80% | +0.72 pp | $891M | +35% |
| Q1 2025 | 202 | 1.0% | 2.08% | +0.29 pp | $660M | +16% |
| Q4 2024 | 204 | +5.2% | 1.79% | 0.12 pp | $568M | 6.5% |
| Q3 2024 | 194 | +9.0% | 1.91% | +0.10 pp | $608M | +5.3% |
| Q2 2024 | 178 | — | 1.81% | — | $577M | — |
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 SHG stock.
Based on Q1 2026 13F filings, institutional ownership of Shinhan Financial Group Co., Ltd. stands at 4.2%, held across 279 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of SHG, with approximately 2,450,363 shares worth $0.15B as of Q1 2026.
Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of SHG, including TWO SIGMA INVESTMENTS, LP.
Our composite Smart Money Score for SHG is 58 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
42 institutions opened new positions in SHG during Q1 2026, while 29 fully exited. 185 added to existing positions and 51 trimmed.
SHG institutional ownership rose by 0.40 percentage points quarter-over-quarter, with a net change of +13 holders.
The top 10 institutions account for 63.0% of all reported 13F value in SHG, and the top 25 account for 79.3%.
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.
Shinhan Financial Group Co., Ltd. (SHG) Institutional Ownership