13F

Stock

South Bow Corp

SOBO · held by 281 managers

Reported value

$3.33B

Holders

281

+4 new · −1 exited

Holders’ est. mark

−$1.53M

Price effect on 10 books still in the name

Largest holder

$455.8M

ROYAL BANK OF CANADA

Notable conviction

Share of each notable manager’s 13F book.

Holder count by quarter

Who holds it

Notable only
InvestorSharesValueEst. markChange
ROYAL BANK OF CANADA16.6M$455.8M—Held
Capital International Investors15.5M$425.8M—Held
Fidelity10.1M$277.3M—Held
Vanguard8.67M$238.4M—Held
Clearbridge Investments, LLC7.26M$199.5M—Held
BANK OF MONTREAL /CAN/6.15M$169M—Held
CIBC WORLD MARKET INC.3.57M$98.2M—Held
THORNBURG INVESTMENT MANAGEMENT INC2.83M$77.8M—Held
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.2.39M$65.7M—Held
DIMENSIONAL FUND ADVISORS LP2.35M$64.5M—Held
TD Asset Management Inc2.06M$56.6M—Held
SCOTIA CAPITAL INC.2.05M$56.4M—Held
Legal & General Group Plc1.86M$51.1M—Held
CANADA PENSION PLAN INVESTMENT BOARD1.65M$45.4M—Held
BANK OF AMERICA CORP /DE/1.62M$44.4M−$1.33MCut−$22.1M
Connor, Clark & Lunn Investment Management Ltd.1.61M$44.3M—Held
AMERICAN CENTURY COMPANIES INC1.53M$42.1M—Held
Invesco Ltd.1.52M$41.8M—Held
MORGAN STANLEY1.51M$41.5M−$1.24MCut−$2.29M
CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT1.49M$40.9M—Held
MANUFACTURERS LIFE INSURANCE COMPANY, THE1.37M$37.9M—Held
Recurrent Investment Advisors LLC1.37M$37.8M—Held
TD Waterhouse Canada Inc.1.34M$36.7M—Held
Boston Partners1.31M$35.8M—Held
BROOKFIELD Corp /ON/1.21M$33.3M—Held
TORONTO DOMINION BANK1.19M$32.9M—Held
WESTWOOD HOLDINGS GROUP INC1.08M$29.6M—Held
GOLDMAN SACHS GROUP INC1.05M$28.8M—Held
INTACT INVESTMENT MANAGEMENT INC.964.4K$26.5M—Held
TORTOISE CAPITAL ADVISORS, L.L.C.942.1K$25.9M—Held
NORGES BANK893.2K$24.6M$1.75MCut−$5.64M
MILLER HOWARD INVESTMENTS INC /NY798.3K$21.9M—Held
TWO SIGMA INVESTMENTS, LP765.9K$21M—Held
PORTLAND INVESTMENT COUNSEL INC.751K$20.7M—Held
BARCLAYS PLC748.9K$20.6M−$614.1KCut−$1.45M
Blackstone Inc.709.1K$19.5M—New
Citadel700.2K$19.2M—Held
GEODE CAPITAL MANAGEMENT, LLC692.5K$19.1M—Held
NATIONAL BANK OF CANADA /FI/696.8K$19M—Held
Qube Research & Technologies Ltd532.7K$14.6M—Held
MACKENZIE FINANCIAL CORP463.5K$13.1M—Held
CHARLES SCHWAB INVESTMENT MANAGEMENT INC441.2K$12.2M—Held
Heathbridge Capital Management Ltd.419.9K$11.6M—Held
Swiss National Bank412.3K$11.4M—Held
BANK OF NOVA SCOTIA385.2K$10.6M—Held
OMERS ADMINISTRATION Corp330K$9.09M—Held
CIBC Asset Management Inc315.2K$8.67M—Held
Federation des caisses Desjardins du Quebec306.7K$8.43M—Held
FIL Ltd293.6K$8.08M—Held
BlackRock, Inc.279.4K$7.67M—Held
TWO SIGMA ADVISERS, LP253.1K$6.95M—Held
Ninepoint Partners LP250K$6.87M—Held
MILLENNIUM MANAGEMENT LLC240.5K$6.61M—Held
Maryland State Retirement & Pension System237.7K$6.54M—Held
Purpose Unlimited Inc.222.3K$6.11M—Held
EXCHANGE TRADED CONCEPTS, LLC178.6K$4.91M—Held
Catalyst Capital Advisors LLC161.7K$4.44M—Held
Nuveen, LLC155.6K$4.29M—Held
CAPITAL INTERNATIONAL SARL145.4K$4M—Held
Quadrature Capital Ltd141.5K$3.9M—Held
FRANKLIN RESOURCES INC132.9K$3.65M—Held
Russell Investments Group, Ltd.128.3K$3.53M—Held
UBS Group AG125.4K$3.44M—Held
Moors & Cabot, Inc.124.2K$3.41M—Held
TCW GROUP INC123.7K$3.4M—Held
Triasima Portfolio Management inc.118.4K$3.26M—Held
Man Group plc117.7K$3.23M—Held
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp110.6K$3.04M—Held
Ausbil Investment Management Ltd106.5K$2.93M—Held
Capital Group Private Client Services, Inc.106.4K$2.93M—Held
DEUTSCHE BANK AG\103.5K$2.84M—Held
Trexquant Investment LP99.4K$2.73M—Held
NORTHERN TRUST CORP98.7K$2.71M—Held
1832 Asset Management L.P.98.4K$2.7M—Held
Alberta Investment Management Corp77.5K$2.13M−$60.9KCut−$3.02M
Police & Firemen's Retirement System of New Jersey76K$2.09M—Held
Pacer Advisors, Inc.75.2K$2.06M—Held
Quantbot Technologies LP71.8K$1.97M—Held
COMMONWEALTH EQUITY SERVICES, LLC71.7K$1.97M—Held
ENVESTNET ASSET MANAGEMENT INC71.5K$1.96M—Held
HighTower Advisors, LLC70.3K$1.93M—Held
&PARTNERS67K$1.85M—Held
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO66.7K$1.84M—Held
CAPITAL INTERNATIONAL LTD /CA/66.6K$1.83M—Held
Heronetta Management, L.P.46.5K$1.73M—Held
JPMORGAN CHASE & CO57.6K$1.58M—Held
Vident Advisory, LLC55.5K$1.53M—Held
RAYMOND JAMES FINANCIAL INC55.3K$1.52M—Held
SIG North Trading, ULC53.5K$1.47M—Held
Pictet Asset Management Holding SA49.9K$1.37M—Held
Greenline Partners, LLC49.9K$1.37M—Held
JANE STREET GROUP, LLC46.5K$1.28M—Held
Zurcher Kantonalbank (Zurich Cantonalbank)44.5K$1.23M—Held
ALPS ADVISORS INC41.5K$1.14M—Held
LPL Financial LLC38.5K$1.06M—Held
OPPENHEIMER & CO INC37.9K$1.04M—Held
Aquatic Capital Management LLC37.8K$1.04M—Held
Investment Management Corp of Ontario37.3K$1.03M—Held
Steadtrust LLC34.3K$942.8K−$28.1KCut−$33K
XTX Topco Ltd32.4K$891.3K—Held
Capital International, Inc./CA/31.5K$865.8K—Held
PRINCIPAL FINANCIAL GROUP INC31K$852.5K—Held
CenterBook Partners LP29.9K$820.1K—Held
ALLIANCEBERNSTEIN L.P.29.8K$818.4K—Held
PICTON MAHONEY ASSET MANAGEMENT29.5K$813.1K—Held
Vanguard Personalized Indexing Management, LLC27.4K$752.4K—Held
Creative Planning27.3K$750.8K—Held
AGF MANAGEMENT LTD26.9K$740.2K—Held
NEUBERGER BERMAN GROUP LLC25.9K$713.9K—Held
SILVERCREST ASSET MANAGEMENT GROUP LLC25.3K$693.9K—Held
Northwest & Ethical Investments L.P.25K$687.3K—Held
CAPSTONE INVESTMENT ADVISORS, LLC24.8K$681.9K—Held
Schonfeld Strategic Advisors LLC24K$658.6K—Held
ProShare Advisors LLC23.8K$653.7K—Held
BANK OF NOVA SCOTIA TRUST CO23.6K$648.3K—Held
WELLS FARGO & COMPANY/MN23.5K$647.1K—Held
Tidal Investments LLC22K$605.2K—Held
SL ADVISORS, LLC21.3K$586.1K—New
Metis Global Partners, LLC21.2K$582.6K—Held
Cetera Investment Advisers19.1K$526.1K—Held
JONES FINANCIAL COMPANIES LLLP19K$520.8K—Held
Cardinal Point Capital Management ULC18.9K$520.7K—Held
Centiva Capital, LP18.9K$518.1K—Held
Allianz Asset Management GmbH18.3K$502.8K—Held
Dynamic Technology Lab Private Ltd18.1K$497K—Held
Mutual Advisors, LLC17.1K$468.9K—Held
CAPITAL GROUP INVESTMENT MANAGEMENT PTE. LTD.15.1K$415.8K—Held
SeaCrest Wealth Management, LLC15.9K$415.5K—Held
apricus wealth, LLC14.6K$400.5K—Held
Guardian Partners Inc.14K$398.7K—Held
SPIRIT OF AMERICA MANAGEMENT CORP/NY13.8K$378.1K—Held
Quantinno Capital Management LP13K$357.9K—Held
VIKING FUND MANAGEMENT LLC12K$329.6K—Held
Squarepoint Ops LLC11.8K$323.5K—Held
DIVIDEND ASSETS CAPITAL, LLC11.7K$321K—Held
Fiera Capital Corp10.8K$298.3K—Held
Sovereign Investment Advisors, LLC10.5K$294.8K—Held
Swiss Life Asset Management Ltd9.63K$264.7K−$8.09KCut−$8.09K
D. E. Shaw & Co., Inc.9.23K$253.8K—Held
GTS SECURITIES LLC8.93K$245.3K—Held
CHELSEA COUNSEL CO8.63K$240.3K—Held
OSAIC HOLDINGS, INC.8.51K$234.4K—Held
Advisors Asset Management, Inc.7.13K$195.9K—Held
PRICE T ROWE ASSOCIATES INC /MD/6.46M$177.3K—Held
PNC Financial Services Group, Inc.6.43K$176.5K—Held
US BANCORP \DE\6.4K$175.7K—Held
Aviso Financial Inc.5.28K$145.1K—Held
Mondrian Investment Partners LTD3.6K$135.8K—Held
Parkside Financial Bank & Trust3.77K$103.6K—Held
QUADRANT CAPITAL GROUP LLC3.05K$83.8K—Held
BASSO CAPITAL MANAGEMENT, L.P.2.67K$73.5K—Held
CITIGROUP INC2.27K$62.6K—Held
Kestra Advisory Services, LLC2.21K$60.7K—Held
Clearstead Advisors, LLC2.15K$59.1K—Held
CENTRAL TRUST Co2.06K$56.5K—Held
KELLEHER FINANCIAL ADVISORS1.87K$51.4K—Held
SIGNATUREFD, LLC1.75K$48.2K—Held
CIBC Private Wealth Group LLC1.72K$47.2K—Held
Manitou Investment Management Ltd.1.7K$46.7K—Held
NATIXIS1.47K$41.5K—Held
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO1.45K$39.8K—Held
FLAGSHIP HARBOR ADVISORS, LLC1.41K$38.8K—New
Generali Asset Management SPA SGR990$37.4K—Held
IFP Advisors, Inc1.27K$34.8K−$990Added$686
ASSETMARK, INC1.26K$34.6K—Held
Rockefeller Capital Management L.P.1.24K$34.2K—Held
LOUISBOURG INVESTMENTS INC.1.2K$32.9K—Held
Roxbury Financial LLC1.15K$31.7K—Held
EverSource Wealth Advisors, LLC1.06K$29.2K—Held
RHUMBLINE ADVISERS1.02K$28K—Held
CITY HOLDING CO1K$27.5K—Held
PRIVATE TRUST CO NA789$21.7K—Held
Tower Research Capital LLC (TRC)787$21.6K—Held
EASTERN BANK700$19.2K—Held
Physician Wealth Advisors, Inc.700$19.2K—Held
Wilmington Savings Fund Society, FSB603$16.6K—Held
VISION FINANCIAL MARKETS LLC570$15.7K—Held
Spire Wealth Management440$12.1K—Held
HARBOUR INVESTMENTS, INC.416$11.4K—Held
GILPIN WEALTH MANAGEMENT, LLC402$11K—Held
Parallel Advisors, LLC353$9.7K—Held
Arax Advisory Partners328$9.02K—Held
MAI Capital Management325$8.96K—Held
United Community Bank314$8.63K—Held
Larson Financial Group LLC300$8.24K—Held
Allworth Financial LP294$8.08K−$240Cut−$693
Steward Partners Investment Advisory, LLC289$7.93K—Held
Pacifica Partners Inc.285$7.93K—Held
Olistico Wealth, LLC280$7.71K—Held
Global Retirement Partners, LLC280$7.69K—Held
Gen-Wealth Partners Inc274$7.53K—Held
Archer Investment Corp265$7.28K—Held
Colonial Trust Co / SC260$7.14K—Held
Smartleaf Asset Management LLC247$7.01K—Held
SBI Securities Co., Ltd.246$6.76K—Held
Aventura Private Wealth, LLC246$6.76K−$192Cut−$1.32K
MassMutual Private Wealth & Trust, FSB244$6.7K—Held
NewEdge Advisors, LLC238$6.54K—Held
Bogart Wealth, LLC228$6.26K—Held
BARTLETT & CO. WEALTH MANAGEMENT LLC222$6.21K—Held
Camelot Portfolios, LLC206$5.65K—Held
JCIC Asset Management Inc.205$5.64K—Held
ARCADIA INVESTMENT MANAGEMENT CORP/MI200$5.49K—Held
CNB Bank181$4.97K—Held
Gold Investment Management Ltd.176$4.84K—Held
Harbor Asset Planning, Inc.176$4.83K—Held
Farther Finance Advisors, LLC171$4.7K—Held
1620 INVESTMENT ADVISORS, INC.160$4.39K—Held
Versant Capital Management, Inc141$3.88K—Held
VAN ECK ASSOCIATES CORP137.3K$3.77K—Held
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC135$3.71K—Held
Hilltop National Bank131$3.6K—Held
FIRST HORIZON CORP130$3.57K—Held
NBC SECURITIES, INC.126$3.46K—Held
AdvisorNet Financial, Inc120$3.29K—Held
TOWARZYSTWO FUNDUSZY INWESTYCYJNYCH PZU SA105$2.89K—Held
Atlantic Union Bankshares Corp100$2.75K—Held
ESL Trust Services, LLC100$2.75K—Held
ROGCO, LP100$2.75K—Held
Hartford Financial Management Inc.98$2.69K—Held
Smallwood Wealth Investment Management, LLC97$2.66K—Held
BROWN BROTHERS HARRIMAN & CO93$2.56K—Held
Manchester Capital Management LLC86$2.36K—Held
DUNCKER STREETT & CO INC80$2.2K—Held
Hara Capital LLC63$1.73K—Held
JFS WEALTH ADVISORS, LLC58$1.59K—Held
Bruce G. Allen Investments, LLC58$1.59K—Held
CGC Financial Services, LLC57$1.57K—Held
HHM Wealth Advisors, LLC52$1.43K—Held
Pinnacle Bancorp, Inc.50$1.37K—Held
Blue Trust, Inc.44$1.21K—Held
Vision Retirement, LLC40$1.1K—Held
ROTHSCHILD INVESTMENT LLC38$1.06K—Held
Sunbelt Securities, Inc.38$1.05K—Held
Garton & Associates Financial Advisors LLC35$961—Held
Pinnacle Wealth Planning Services, Inc.34$934—Held
Hilton Head Capital Partners, LLC32$879—Held
JNBA Financial Advisors31$852—Held
GODSEY & GIBB, INC31$852—Held
Rialto Wealth Management, LLC31$852—Held
CALDWELL SUTTER CAPITAL, INC.31$852—Held
GAMMA Investing LLC27$742—Held
Bell Investment Advisors, Inc27$742—Held
Cornerstone Planning Group LLC22$618—Held
Ritter Daniher Financial Advisory LLC / DE20$550—Held
Kennebec Savings Bank20$549—Held
Anchor Investment Management, LLC20$549—Held
Root Financial Partners, LLC20$549—Held
Sound Income Strategies, LLC20$531—Held
Cornerstone Financial Management LLC19$522—Held

Who left

Positions as of Q4 2025. 13F filings arrive up to 45 days after quarter-end and omit shorts. Values are quarter-end marks, as filed. Estimated mark is the price effect on shares still held — not realized P&L or investment advice.