SOBO β€” SOUTH BOW CORP

Ownership history in PRINCIPAL SECURITIES, INC.  Β·  4 quarters on record

This page tracks every 13F SEC filing in which PRINCIPAL SECURITIES, INC. reported a position in SOUTH BOW CORP (SOBO). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

Position Intelligence

PRINCIPAL SECURITIES, INC. Γ— SOBO AI Analytics

πŸ“ˆ PRINCIPAL SECURITIES, INC. outperformed the S&P 500 by +11.3% annually on this SOBO position. Average cost basis: $22.67. Maximum drawdown during holding period: –0.0%.

πŸ“ˆ Position Alpha vs SPY
+11.3%
annualised excess return

πŸ”₯ Exceptional β€” beat the S&P 500 by 11.3% per year on this position.
3 quarters analyzed

πŸ’° Entry Quality
$22.67
+24.8% vs current ($28.29)

Best entry: $22.67 (2024 Q4)  Β·  Worst: $22.67 (2024 Q4)

πŸ›‘οΈ Drawdown Resilience
–0.0%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
50%
buy-side decisions

1 add Β· 1 trim. πŸ“ˆ More buys than sells across the holding period.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.0% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    SOBO price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 4 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q3 UNCHANGED 39 β€” 0% 0.00% $1K $28.29
2025 Q2 REDUCED 39 -10 -20.4% 0.00% $1K $25.91
2025 Q1 UNCHANGED 49 β€” 0% 0.00% $1K $25.03
2024 Q4 INITIATED 49 β€” β€” 0.00% $1K $22.67

🏒 Other funds also holding SOBO

As of 2025 Q4 β€” sorted by position size

Murchinson Ltd. 3Y 6.49% PORTLAND INVESTMENT COUNSEL INC. 3Y 7Y 6.22% Heathbridge Capital Management Ltd. 3Y 7Y 4.42% Recurrent Investment Advisors LLC 3Y 2.79% CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 3Y 7Y 2.35% Ausbil Investment Management Ltd 3Y 1.67% SL ADVISORS, LLC 3Y 7Y 1.2% Heronetta Management, L.P. 3Y 7Y 1.0% THORNBURG INVESTMENT MANAGEMENT INC 3Y 7Y 0.98% INTACT INVESTMENT MANAGEMENT INC. 3Y 7Y 0.76%
← Back to PRINCIPAL SECURITIES, INC. Holdings