Sally Beauty Holdings
SBH
249 hedge funds and large institutions have $1.5B invested in Sally Beauty Holdings in 2025 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 82 increasing their positions, 85 reducing their positions, and 40 closing their positions.
37% more call options, than puts
Call options by funds: $900K | Put options by funds: $657K
5% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 40
0% less funds holding
Funds holding: 250 → 249 (-1)
4% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 85
1.21% less ownership
Funds ownership: 109.23% → 108.02% (-1.2%)
22% less capital inflows, than outflows
Capital inflows: $141M | Capital outflows: $180M
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$19.6M |
| 2 |
Goldman Sachs
New York
|
+$18.9M |
| 3 |
Lazard Asset Management
New York
|
+$11.8M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$9.95M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$6.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LN
Lightrock Netherlands
Utrecht,
Netherlands
|
-$17.2M |
| 2 |
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$16.3M |
| 3 |
Wasatch Advisors
Salt Lake City,
Utah
|
-$10.1M |
| 4 |
HRT Financial
New York
|
-$9.88M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$9.28M |
SBH Hedge Fund Activity: Q4 2025 in Review
249 of the 8,288 institutional investors tracked by Wall St. Rank reported a position in Sally Beauty Holdings (SBH) for Q4 2025, worth a combined $1.5B — down 15% from $1.76B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new SBH positions and 40 closed out — a net gain of 2 holders — while 82 added to existing stakes and 85 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $19.6M. The largest seller was Lightrock Netherlands, exiting entirely with an estimated $17.2M sold.
- 249 institutional investors held Sally Beauty Holdings (SBH) as of Q4 2025, down from 250 in Q3 2025.
- Funds reported $1.5B of Sally Beauty Holdings stock for Q4 2025, down 15% quarter-over-quarter.
- 42 funds opened new Sally Beauty Holdings positions in Q4 2025 and 40 closed out, a net change of +2 holders.
- The largest Sally Beauty Holdings buyer in Q4 2025 was D.E. Shaw & Co, an estimated $19.6M added.
- The largest Sally Beauty Holdings seller in Q4 2025 was Lightrock Netherlands, an estimated $17.2M sold.
Based on aggregated 13F filings for Q4 2025.