South Bow Corp
SOBO
289 hedge funds and large institutions have $3.9B invested in South Bow Corp in 2025 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 64 increasing their positions, 109 reducing their positions, and 40 closing their positions.
24% more call options, than puts
Call options by funds: $11.6M | Put options by funds: $9.38M
2% less capital invested
Capital invested by funds: $3.97B → $3.9B (-$75.6M)
1.84% less ownership
Funds ownership: 74.01% → 72.17% (-1.8%)
4% less funds holding
Funds holding: 300 → 289 (-11)
13% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 40
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
41% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 109
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$197M |
| 2 |
Goldman Sachs
New York
|
+$73.3M |
| 3 |
CIA
ClearBridge Investments (Australia)
Sydney,
Australia
|
+$45.5M |
| 4 |
RIA
Recurrent Investment Advisors
Houston,
Texas
|
+$40.8M |
| 5 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$33.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$153M |
| 2 |
M
Murchinson
Toronto,
Ontario, Canada
|
-$103M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$54.2M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$32.5M |
| 5 |
ICA
Infrastructure Capital Advisors
New York
|
-$27.7M |
SOBO Hedge Fund Activity: Q2 2025 in Review
289 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in South Bow Corp (SOBO) for Q2 2025, worth a combined $3.9B — down 1.9% from $3.97B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of SOBO and 35 opened new positions — a net loss of 5 holders — while 109 trimmed existing stakes and 64 added.
The largest buyer was Royal Bank of Canada, adding an estimated $197M. The largest seller was Fidelity Investments, cutting an estimated $153M.
- 289 institutional investors held South Bow Corp (SOBO) as of Q2 2025, down from 300 in Q1 2025.
- Funds reported $3.9B of South Bow Corp stock for Q2 2025, down 1.9% quarter-over-quarter.
- 35 funds opened new South Bow Corp positions in Q2 2025 and 40 closed out, a net change of -5 holders.
- The largest South Bow Corp buyer in Q2 2025 was Royal Bank of Canada, an estimated $197M added.
- The largest South Bow Corp seller in Q2 2025 was Fidelity Investments, an estimated $153M sold.
Based on aggregated 13F filings for Q2 2025.