| 4 | FIRST TRUST ADVISORS LP | 7.3M | $48.1M | +15.4% | 4.354% | 0.03% |
| 5 | STATE STREET CORP | 6.0M | $39.5M | -0.2% | 3.582% | 0.00% |
| 6 | VANGUARD PORTFOLIO MANAGEMENT LLC | 5.9M | $38.7M | — | 3.509% | 0.00% |
| 7 | Amundi | 5.7M | $37.8M | -0.7% | 3.418% | 0.01% |
| 8 | BNP Paribas Asset Management Holding S.A. | 5.3M | $35.1M | +4.8% | 3.179% | 0.04% |
| 9 | SCHRODER INVESTMENT MANAGEMENT GROUP | 4.6M | $30.5M | +83.6% | 2.766% | 0.03% |
| 10 | GEODE CAPITAL MANAGEMENT, LLC | 4.6M | $30.0M | +7.8% | 2.718% | 0.00% |
| 11 | DIMENSIONAL FUND ADVISORS LP | 4.3M | $28.1M | +31.3% | 2.544% | 0.01% |
| 12 | Redwood Grove Capital, LLC | 3.0M | $20.0M | +20.2% | 1.810% | 6.45% |
| 13 | Pictet Asset Management Holding SA | 2.8M | $18.1M | -41.9% | 1.639% | 0.02% |
| 14 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 2.7M | $18.0M | +26.8% | 1.627% | 0.01% |
| 15 | NORTHERN TRUST CORP | 2.6M | $16.9M | +40.1% | 1.530% | 0.00% |
| 16 | CITADEL ADVISORS LLC | 2.4M | $15.6M | -42.8% | 1.411% | 0.01% |
| 17 | AMERIPRISE FINANCIAL INC | 2.3M | $15.3M | +0.1% | 1.386% | 0.00% |
| 18 | ARDSLEY ADVISORY PARTNERS LP | 2.3M | $14.9M | +8940.0% | 1.347% | 2.03% |
| 19 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 2.2M | $14.2M | +42.1% | 1.284% | 0.00% |
| 20 | CenterBook Partners LP | 2.1M | $13.6M | +107.4% | 1.235% | 0.73% |
| 21 | Woodson Capital Management, LP | 2.0M | $13.2M | — | 1.192% | 2.10% |
| 22 | Nishkama Capital, LLC | 2.0M | $13.1M | +83.5% | 1.189% | 1.59% |
| 23 | UBS Group AG | 1.9M | $12.3M | -69.5% | 1.117% | 0.00% |
| 24 | VOYA INVESTMENT MANAGEMENT LLC | 1.8M | $11.8M | -10.3% | 1.072% | 0.01% |
| 25 | FRANKLIN RESOURCES INC | 1.7M | $10.9M | +1.6% | 0.984% | 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 SHLS — a direct measure of their conviction.
| 51.54% |
| 1.17 pp |
| $902M |
| 2.2% |
| Q3 2024 | 222 | 6.3% | 52.71% | 10.86 pp | $922M | 17% |
| Q2 2024 | 237 | — | 63.57% | — | $1.11B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
62 institutions opened new positions in SHLS during Q1 2026, while 61 fully exited. 49 added to existing positions and 149 trimmed.
SHLS institutional ownership fell by 19.71 percentage points quarter-over-quarter, with a net change of +1 holders.
The top 10 institutions account for 48.6% of all reported 13F value in SHLS, and the top 25 account for 72.0%.
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.