Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Sibanye Stillwater Ltd (SBSW)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +2
Streak
4Q ▲
Buyers last Q
56%

Smart Money Signals — SBSW

Based on 275 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added SBSW 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
275 hedge funds hold SBSW 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.
🚀

Fast accumulation — +56% more funds vs a year ago

fund count last 6Q
+99 new funds entered over the past year (+56% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 56% buying

174 buying137 selling
Last quarter: 174 funds bought or added vs 137 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-6 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 69 → 66 → 61 → 55. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

45% of holders stayed for 2+ years

■ 45% conviction (2yr+) ■ 25% medium ■ 30% new
123 out of 275 hedge funds have held SBSW 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.
💎

Buying through price weakness — shares -0%, value -18%

Value
-18%
Shares
0%
Last quarter: funds added -0% more shares while total portfolio value only changed -18%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~55 new funds/quarter

32 → 69 → 66 → 61 → 55 new funds/Q
New funds entering each quarter: 69 → 66 → 61 → 55. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 58% veterans vs 32% newcomers

■ 58% veterans ■ 10% 1-2yr ■ 32% new
Entry-cohort mix of 299 holders: 172 (58%) are 2+ year veterans, 30 entered 1–2 years ago, and 97 (32%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 37% AUM from major funds

37% from top-100 AUM funds
33 of 268 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.3
out of 10
Moderate Exit Risk
Exit risk score 4.3/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 — SBSW

In 2026 Q1, 174 hedge funds were net buyers of SBSW (55 opened a new position, 119 added to an existing one), while 137 reduced or exited (84 trimmed, 53 sold completely) — a 56% buyer ratio, indicating a slight buying edge. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 37% of total institutional value in SBSW is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 275.

Hedge Fund Ownership: SBSW

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

Market Analysis: SBSW

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SBSW

-- --

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

Is It Too Late to Buy Sibanye Stillwater Ltd (SBSW) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much SBSW has moved relative to its sector benchmark (SPY) 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
SBSW
-17.6%
SPY
+15.9%

SBSW outperformed SPY by -33.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
SBSW
-16.3%
SPY
+2.0%

Since the filing became public, SBSW outperformed SPY by -18.3% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

19 top-rated funds 4 high-conviction
Consensus
5.6
/ 10
breadth
×
Elite
5.3
/ 10
conviction
Hedge Fund Positioning: SBSW
273 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 273 273 -
13F Shares 147M 148M -0.47%
Total Value $1.67B $2.04B -18.03%
New Positions 54 61 -7
Increased Positions 113 93 +20
Closed Positions 54 37 +17
Reduced Positions 73 86 -13
Total Calls 18 17 5.88%
Total Puts 11 11 -
PUT/CALL Ratio 0.61 0.65 Bullish

Statistics: SBSW

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

273 + investors

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

QUARTER:
Top 25 SBSW holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 MAC Alpha Capital Management, LP 6.29% 875,770 $10.8M
2 Condire Management, LP 6.24% 5,244,469 $64.6M
3 Lingotto Investment Management LLP 4.86% 19,575,936 $246.2M
4 TSP Capital Management Group, LLC 2.92% 972,375 $12.0M
5 Goehring & Rozencwajg Associates, LLC 2.83% 4,270,069 $52.6M
6 Arlington Capital Management, Inc. 2.21% 318,285 $3.9M
7 BCGM Wealth Management, LLC 1.33% 428,656 $5.3M
8 Hartree Partners, LP 0.84% 316,750 $3.9M
9 Hohimer Wealth Management, LLC 0.61% 422,647 $5.2M
10 Cadence Wealth Management LLC 0.47% 91,080 $1.1M
11 Stanley-Laman Group, Ltd. 0.47% 308,552 $3.8M
12 Papamarkou Wellner Asset Management inc. 0.43% 57,719 $711K
13 Steadtrust LLC 0.43% 62,000 $764K
14 Petra Financial Advisors Inc 0.43% 56,145 $692K
15 Nokomis Capital, L.L.C. 0.43% 120,666 $1.5M
16 U S Global Investors Inc 0.40% 275,000 $3.4M
17 Dorsey Wright & Associates 0.38% 246,365 $3.0M
18 Financial Sense Advisors, Inc. 0.31% 125,000 $1.5M
19 Glenorchy Capital Ltd 0.27% 378,082 $4.7M
20 AdvisorShares Investments LLC 0.26% 114,951 $1.4M
21 De Lisle Partners LLP 0.25% 170,000 $2.1M
22 Burns Matteson Capital Management, LLC 0.25% 54,316 $669K
23 Bridgewater Associates, LP 0.24% 4,426,451 $54.5M
24 Crystal Cove Asset Management, LLC 0.23% 15,300 $188K
25 Jump Financial, LLC 0.22% 1,354,240 $16.7M
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 — Sibanye Stillwater Ltd (SBSW)

What does the Smart Money Trend signal show for SBSW?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added SBSW 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 SBSW?

Slight buying edge — 56% buying: Last quarter: 174 funds bought or added vs 137 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for SBSW holders?

Strong quality — 37% AUM from major funds: 33 of 268 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held SBSW?

45% of holders stayed for 2+ years: 123 out of 275 hedge funds have held SBSW 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 Sibanye Stillwater Ltd (SBSW) following the 2026 Q1 hedge fund 13F filings?

As of today, SBSW has moved -16.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of -18.3%. Since the quarter end (March 31, 2026), SBSW has gained -17.6% vs +15.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near 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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