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$10.42$1.7B
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HomeStocksSHLSInstitutional Holders

SHLS logoShoals Technologies Group, Inc. (SHLS) Institutional Ownership

Q1 2026 13F Data|Updated 2026-06-13

✨

Institutional ownership decreased this quarter (-19.71 pp), representing a broadly distributed shareholder base.

Institutional Ownership
Can exceed 100% due to securities lending, short interest, and reporting timing differences.
57.6%$1.0B total value · ▼ 19.71 pp vs prior quarter
Smart Money Score
Based on ownership concentration, fund quality, buying/selling activity, conviction signals, and institutional trend.
45 / 100Neutral
Institutions & Flow262 holders+1 net flow (+62 / -61)

AI Insights & Key Takeaways

  • Positive Institutional Flow (+1)
  • Citadel Advisors Llc and Susquehanna International Group, Llp maintain significant positions
  • Top 10 holders control 48.6% of institutional value
  • No Insider Signal

Top Institutional Holders of SHLS

Ranked by reported Q1 2026 13F market value

Top 10 Holders
48.6%
Top 25 Holders
72.0%

Share of total reported institutional value in SHLS held by the largest 10 / 25 filers.

#InstitutionShares HeldMarket ValueQoQ ChangeOwnership %% of Fund
1BlackRock, Inc.19.8M$130.6M-12.3%11.830%0.00%
2Invesco Ltd.7.8M$51.2M+32.3%4.635%0.01%
3VANGUARD CAPITAL MANAGEMENT LLC7.4M$48.4M—4.388%0.00%

Quarterly Institutional Activity

Filings activity in SHLS during Q1 2026, grouped by how each filer changed its position.

OverviewNew Buyers62Added To49Trimmed149Exited61
  • VANGUARD GROUP INC$115.6M
  • Encompass Capital Advisors LLC$41.0M

SHLS Institutional Ownership by Quarter

8 quarters of 13F filings · Δ columns show change vs prior quarter

QuarterInst. HoldersΔ HoldersOwnership %Δ OwnershipTotal 13F ValueΔ Value
Q1 2026262+0.4%57.63%19.71 pp$1.01B25%
Q4 2025261+13%77.34%+7.00 pp$1.35B+10.0%
Q3 2025230+7.0%70.34%+29.19 pp$1.23B+71%
Q2 2025215+2.9%41.15%+10.08 pp$720M+32%
Q1 20252094.1%31.07%20.47 pp$544M40%
Q4 2024218

SHLS — Frequently Asked Questions

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

What percentage of SHLS is owned by institutions?

Based on Q1 2026 13F filings, institutional ownership of Shoals Technologies Group, Inc. stands at 57.6%, held across 262 reporting institutions.

Who is the largest institutional holder of SHLS?

BlackRock, Inc. is the largest reported institutional holder of SHLS, with approximately 19,847,256 shares worth $0.13B as of Q1 2026.

Is SHLS a hedge fund favorite?

Yes — 2 widely-followed marquee investors appear among the top 25 institutional holders of SHLS, including CITADEL ADVISORS LLC, SUSQUEHANNA INTERNATIONAL GROUP, LLP.

What is SHLS's Smart Money Score?

Our composite Smart Money Score for SHLS is 45 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.

How many institutions bought SHLS this quarter?
4FIRST TRUST ADVISORS LP7.3M$48.1M+15.4%4.354%0.03%
5STATE STREET CORP6.0M$39.5M-0.2%3.582%0.00%
6VANGUARD PORTFOLIO MANAGEMENT LLC5.9M$38.7M—3.509%0.00%
7Amundi5.7M$37.8M-0.7%3.418%0.01%
8BNP Paribas Asset Management Holding S.A.5.3M$35.1M+4.8%3.179%0.04%
9SCHRODER INVESTMENT MANAGEMENT GROUP4.6M$30.5M+83.6%2.766%0.03%
10GEODE CAPITAL MANAGEMENT, LLC4.6M$30.0M+7.8%2.718%0.00%
11DIMENSIONAL FUND ADVISORS LP4.3M$28.1M+31.3%2.544%0.01%
12Redwood Grove Capital, LLC3.0M$20.0M+20.2%1.810%6.45%
13Pictet Asset Management Holding SA2.8M$18.1M-41.9%1.639%0.02%
14ARROWSTREET CAPITAL, LIMITED PARTNERSHIP2.7M$18.0M+26.8%1.627%0.01%
15NORTHERN TRUST CORP2.6M$16.9M+40.1%1.530%0.00%
16CITADEL ADVISORS LLC2.4M$15.6M-42.8%1.411%0.01%
17AMERIPRISE FINANCIAL INC2.3M$15.3M+0.1%1.386%0.00%
18ARDSLEY ADVISORY PARTNERS LP2.3M$14.9M+8940.0%1.347%2.03%
19SUSQUEHANNA INTERNATIONAL GROUP, LLP2.2M$14.2M+42.1%1.284%0.00%
20CenterBook Partners LP2.1M$13.6M+107.4%1.235%0.73%
21Woodson Capital Management, LP2.0M$13.2M—1.192%2.10%
22Nishkama Capital, LLC2.0M$13.1M+83.5%1.189%1.59%
23UBS Group AG1.9M$12.3M-69.5%1.117%0.00%
24VOYA INVESTMENT MANAGEMENT LLC1.8M$11.8M-10.3%1.072%0.01%
25FRANKLIN RESOURCES INC1.7M$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.

Castle Hook Partners LP
$40.1M
  • Yaupon Capital Management LP$13.3M
  • Telemark Asset Management, LLC$12.8M
  • DRIEHAUS CAPITAL MANAGEMENT LLC$11.9M
  • Hel Ved Capital Management Ltd$6.9M
  • PEREGRINE CAPITAL MANAGEMENT LLC$6.6M
  • NORGES BANK$3.5M
  • JPMORGAN CHASE & CO$3.3M
  • GRANAHAN INVESTMENT MANAGEMENT INC/MA$3.1M
  • Skandinaviska Enskilda Banken AB (publ)$2.9M
  • 1.8%
    51.54%
    1.17 pp
    $902M
    2.2%
    Q3 20242226.3%52.71%10.86 pp$922M17%
    Q2 2024237—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.

    How is institutional ownership of SHLS changing?

    SHLS institutional ownership fell by 19.71 percentage points quarter-over-quarter, with a net change of +1 holders.

    How concentrated is SHLS ownership among the top holders?

    The top 10 institutions account for 48.6% of all reported 13F value in SHLS, and the top 25 account for 72.0%.

    Where does this SHLS 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.