SOBO

South Bow Corp

278 hedge funds and large institutions have $3.5B invested in South Bow Corp in 2025 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 91 increasing their positions, 86 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more funds holding in top 10

Funds holding in top 10:

less funds holding

Funds holding:

less ownership

Funds ownership:

10% less capital invested

Capital invested by funds: $3.91B → $3.5B (-$404M)

24% less first-time investments, than exits

New positions opened: 31 | Existing positions closed: 41

52% less call options, than puts

Call options by funds: $22.9M | Put options by funds: $47.6M

Holders
278
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$22.9M
Puts
$47.6M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BC
26
Brookfield Corp
Ontario, Canada
$33.3M
Toronto Dominion Bank
27
Toronto Dominion Bank
Ontario, Canada
$32.9M
WHG
28
Westwood Holdings Group
Texas
$29.6M
Goldman Sachs
29
Goldman Sachs
New York
$28.8M
IIM
30
Intact Investment Management
Quebec, Canada
$26.5M
TCA
31
Tortoise Capital Advisors
Kansas
$25.9M
Norges Bank
32
Norges Bank
Norway
$24.6M
MHI
33
Miller Howard Investments
New York
$21.9M
Two Sigma Investments
34
Two Sigma Investments
New York
$21M
PIC
35
Portland Investment Counsel
Ontario, Canada
$20.7M
Barclays
36
Barclays
United Kingdom
$20.6M
Blackstone Inc
37
Blackstone Inc
New York
$19.5M
Citadel Advisors
38
Citadel Advisors
Florida
$19.2M
Geode Capital Management
39
Geode Capital Management
Massachusetts
$19.1M
National Bank of Canada
40
National Bank of Canada
Quebec, Canada
$19M
Qube Research & Technologies (QRT)
41
Qube Research & Technologies (QRT)
United Kingdom
$14.6M
Mackenzie Financial
42
Mackenzie Financial
Ontario, Canada
$13.1M
Charles Schwab
43
Charles Schwab
California
$12.2M
HCM
44
Heathbridge Capital Management
Ontario, Canada
$11.6M
Swiss National Bank
45
Swiss National Bank
Switzerland
$11.4M
Bank of Nova Scotia
46
Bank of Nova Scotia
Ontario, Canada
$10.6M
OAC
47
OMERS Administration Corp
Ontario, Canada
$9.09M
CIBC Asset Management
48
CIBC Asset Management
Ontario, Canada
$8.67M
FDCDDQ
49
Federation des caisses Desjardins du Quebec
Quebec, Canada
$8.43M
Fidelity International
50
Fidelity International
Bermuda
$8.08M