Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Sally Beauty Hldgs Inc (SBH)

255 + Investors. Track Smart Money conviction in SBH. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +8
Streak
1Q ▲
Buyers last Q
48%

Smart Money Signals — SBH

Based on 258 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added SBH than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
258 hedge funds hold SBH right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +8% more funds vs a year ago

fund count last 6Q
+18 new funds entered over the past year (+8% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 48% buying

118 buying128 selling
Last quarter: 128 funds reduced or exited vs 118 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~41 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 33 → 47 → 45 → 41. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

68% of holders stayed for 2+ years

■ 68% conviction (2yr+) ■ 17% medium ■ 15% new
176 out of 258 hedge funds have held SBH for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~41 new funds/quarter

35 → 33 → 47 → 45 → 41 new funds/Q
New funds entering each quarter: 33 → 47 → 45 → 41. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 73% of holders stayed 2+ years

■ 73% veterans ■ 8% 1-2yr ■ 19% new
Of 264 current holders: 193 (73%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 55% AUM from top-100 funds

55% from top-100 AUM funds
49 of 258 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in SBH. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — SBH

In 2026 Q1, 118 hedge funds were net buyers of SBH (41 opened a new position, 77 added to an existing one), while 128 reduced or exited (95 trimmed, 33 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. 55% of total institutional value in SBH is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +8 funds (more new holders than closures). Total institutional holders: 258.

Hedge Fund Ownership: SBH

How many hedge funds hold SBH — quarterly history vs. share price
Quarterly hedge fund ownership of SBH vs. share price

Market Analysis: SBH

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SBH

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Sally Beauty Hldgs Inc (SBH) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much SBH has moved relative to its sector benchmark (XLY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
SBH
-3.4%
XLY
+8.9%

SBH outperformed XLY by -12.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
SBH
+12.4%
XLY
+1.9%

Since the filing became public, SBH outperformed XLY by +10.5% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

22 top-rated funds 1 high-conviction
Consensus
5.9
/ 10
breadth
×
Elite
1.3
/ 10
conviction
Hedge Fund Positioning: SBH
255 + Investors

Track Smart Money conviction in SBH. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 255 250 2.0%
13F Shares 91M 106M -13.65%
Total Value $1.18B $1.51B -21.62%
New Positions 39 45 -6
Increased Positions 77 82 -5
Closed Positions 34 45 -11
Reduced Positions 91 85 +6
Total Calls 2 3 -33.33%
Total Puts 5 2 150.0%
PUT/CALL Ratio 2.5 0.67 Bearish

Statistics: SBH

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Institutional Holders (2026 Q1)

255 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in SBH. Verified SEC 13F-HR filings.

QUARTER:
Top 25 SBH holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Ranmore Fund Management Ltd 4.44% 2,427,587 $33.6M
2 Access Investment Management LLC 2.08% 563,855 $7.8M
3 Vista Investment Partners LLC 1.04% 284,315 $3.9M
4 Vista Investment Partners II, LLC 0.99% 158,972 $2.2M
5 Hussman Strategic Advisors, INC. 0.63% 210,000 $2.9M
6 Wasatch Advisors LP 0.31% 3,393,739 $47.0M
7 Bronte Capital Management Pty Ltd. 0.30% 220,737 $3.1M
8 Integrated Quantitative Investments LLC 0.29% 115,010 $1.6M
9 Bridgeway Capital Management, LLC 0.27% 978,488 $13.6M
10 Henshaw Capital LLC 0.23% 59,975 $1.8M
11 Hillsdale Investment Management Inc. 0.18% 490,176 $6.8M
12 Invenomic Capital Management LP 0.18% 284,966 $3.9M
13 Auxier Asset Management LLC 0.18% 89,190 $1.2M
14 Hudson Portfolio Management LLC 0.17% 14,400 $199K
15 DGS Capital Management, LLC 0.16% 69,437 $962K
16 nVerses Capital, LLC 0.14% 10,917 $151K
17 Guidance Capital, Inc 0.13% 43,223 $594K
18 Gamco Investors, INC. Et Al 0.11% 813,251 $11.3M
19 Jupiter Asset Management Ltd 0.10% 1,406,932 $19.5M
20 CastleKnight Management LP 0.09% 392,050 $5.4M
21 Denali Advisors LLC 0.09% 58,455 $810K
22 Dynamic Technology Lab Private Ltd 0.08% 35,301 $489K
23 Twinbeech Capital LP 0.07% 50,390 $698K
24 State of Wyoming 0.06% 37,787 $523K
25 Public Sector Pension Investment Board 0.06% 1,318,347 $18.3M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Sally Beauty Hldgs Inc (SBH)

What does the Smart Money Trend signal show for SBH?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added SBH than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for SBH?

More sellers than buyers — 48% buying: Last quarter: 128 funds reduced or exited vs 118 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for SBH holders?

Elite ownership — 55% AUM from top-100 funds: 49 of 258 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in SBH. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held SBH?

68% of holders stayed for 2+ years: 176 out of 258 hedge funds have held SBH for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Sally Beauty Hldgs Inc (SBH) following the 2026 Q1 hedge fund 13F filings?

As of today, SBH has moved +12.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.9% for the XLY sector ETF — an outperformance of +10.5%. Since the quarter end (March 31, 2026), SBH has gained -3.4% vs +8.9% for XLY. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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