Sibanye Stillwater Ltd (SBSW) Hedge Fund Ownership (Q2 2026)

Q: Is it too late to buy Sibanye Stillwater Ltd (SBSW) following the 2026 Q2 hedge fund 13F filings?

As of today, SBSW has moved +7.8% since the 2026 Q2 13F filing date (August 14, 2026), compared to -0.7% for the SPY sector ETF — an outperformance of +8.5%. Since the quarter end (June 30, 2026), SBSW gained +31.1% vs +3.3% 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.

Sibanye Stillwater Ltd (SBSW)

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

Smart Money Signals — SBSW

Based on 263 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, more hedge funds reduced or closed their SBSW positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

🏔️

At the ownership peak (95% of max)

95% of all-time peak

263 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.

📶

Steady growth — +18% more funds vs a year ago

fund count last 6Q

+41 new funds entered over the past year (+18% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.

🟠

More sellers than buyers — 46% buying

134 buying159 selling

Last quarter: 159 funds reduced or exited vs 134 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.

⚠️

Fewer new buyers each quarter (-14 vs last Q)

new funds entering per quarter

Funds opening this position for the first time: 66 → 61 → 57 → 43. 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.

🔒

49% of holders stayed for 2+ years

■ 49% conviction (2yr+) ■ 24% medium ■ 27% new

129 out of 263 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 -7%, value -31%

Value

-31%

-7%

Last quarter: funds added -7% more shares while total portfolio value only changed -31%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.

📊

Peak discovery — momentum slowing

70 → 66 → 61 → 57 → 43 new funds/Q

New funds entering each quarter: 66 → 61 → 57 → 43. SBSW is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.

🏛️

Veteran-anchored — 61% veterans vs 29% newcomers

■ 61% veterans ■ 10% 1-2yr ■ 29% new

Entry-cohort mix of 287 holders: 174 (61%) are 2+ year veterans, 30 entered 1–2 years ago, and 83 (29%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

✅

Strong quality — 36% AUM from major funds

36% from top-100 AUM funds

37 of 257 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

3.8

out of 10

Low Exit Risk

Exit risk score 3.8/10 — 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.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	256	278	-7.91%
13F Shares	137M	148M	-6.99%
Total Value	$1.15B	$1.68B	-31.33%
New Positions	43	57	-14
Increased Positions	86	115	-29
Closed Positions	59	53	+6
Reduced Positions	91	73	+18
Total Calls	20	20	-
Total Puts	10	11	-9.09%
PUT/CALL Ratio	0.5	0.55	Bullish

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

256

278

-7.91%

13F Shares

137M

148M

-6.99%

Total Value

$1.15B

$1.68B

-31.33%

New Positions

-14

Increased Positions

115

-29

Closed Positions

Reduced Positions

+18

Total Calls

Total Puts

-9.09%

PUT/CALL Ratio

0.5

0.55

Bullish

Institutional Holders (2026 Q2)

256 + 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:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 SBSW holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	MAC Alpha Capital Management, LP	6.24%	1,588,307	$13.5M
2	Condire Management, LP	5.21%	5,244,469	$44.5M
3	Lingotto Investment Management LLP	3.47%	19,075,936	$162.0M
4	Goehring & Rozencwajg Associates, LLC	2.24%	4,580,794	$38.9M
5	TSP Capital Management Group, LLC	2.23%	1,097,375	$9.3M
6	BCGM Wealth Management, LLC	0.78%	435,204	$3.7M
7	Turas Capital Management LP	0.45%	115,863	$984K
8	Converium Capital Inc.	0.43%	400,000	$3.4M
9	Cadence Wealth Management LLC	0.39%	102,815	$873K
10	Nokomis Capital, L.L.C.	0.34%	120,666	$1.0M
11	Papamarkou Wellner Asset Management inc.	0.31%	57,719	$490K
12	Stanley-Laman Group, Ltd.	0.27%	310,565	$2.6M
13	Steadtrust LLC	0.26%	61,000	$518K
14	U S Global Investors Inc	0.22%	275,000	$2.3M
15	Petra Financial Advisors Inc	0.22%	55,667	$473K
16	BlueCrest Capital Management Ltd	0.21%	763,107	$6.5M
17	Bridgewater Associates, LP	0.20%	5,691,634	$48.3M
18	Blueshift Asset Management, LLC	0.19%	94,675	$804K
19	De Lisle Partners LLP	0.16%	170,000	$1.4M
20	Headlands Technologies LLC	0.14%	156,819	$1.3M
21	Ramirez Asset Management, Inc.	0.12%	139,557	$1.2M
22	Abbington Investment Group	0.12%	22,511	$191K
23	Glenorchy Capital Ltd	0.12%	380,466	$3.2M
24	Manatuck Hill Partners, LLC	0.11%	40,600	$345K
25	Caitong International Asset Management Co., Ltd	0.11%	96,025	$815K

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?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their SBSW positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for SBSW?

More sellers than buyers — 46% buying: Last quarter: 159 funds reduced or exited vs 134 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 SBSW holders?

Strong quality — 36% AUM from major funds: 37 of 257 holders rank in the top 100 by AUM, accounting for 36% 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?

49% of holders stayed for 2+ years: 129 out of 263 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 Q2 hedge fund 13F filings?

As of today, SBSW has moved +7.8% since the 2026 Q2 13F filing date (August 14, 2026), compared to -0.7% for the SPY sector ETF — an outperformance of +8.5%. Since the quarter end (June 30, 2026), SBSW has gained +31.1% vs +3.3% 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.

Market Cap	--
Enterprise Value	--
Trailing P/E	--
Forward P/E	--
PEG Ratio (5yr expected)	--
Price/Sales (ttm)	--
Price/Book (mrq)	--
Enterprise Value/Revenue	--
Enterprise Value/EBITDA	--
Beta (5Y Monthly)	--
Short Ratio (Days to Cover)	--
Short % of Float	--

Profit Margin	--
Return on Assets (ttm)	--
Return on Equity (ttm)	--

Revenue (ttm)	--
Net Income Avi to Common (ttm)	--
Diluted EPS (ttm)	--
Total Cash (mrq)	--
Total Debt/Equity (mrq)	--
Levered Free Cash Flow (ttm)	--

Sibanye Stillwater Ltd (SBSW)

Smart Money Signals — SBSW

Selling streak — 1 quarter in a row

At the ownership peak (95% of max)

Steady growth — +18% more funds vs a year ago

More sellers than buyers — 46% buying

Fewer new buyers each quarter (-14 vs last Q)

49% of holders stayed for 2+ years

Buying through price weakness — shares -7%, value -31%

Peak discovery — momentum slowing

Veteran-anchored — 61% veterans vs 29% newcomers

Strong quality — 36% AUM from major funds

Institutional Sentiment Summary — SBSW

Hedge Fund Ownership: SBSW

Market Analysis: SBSW

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: SBSW

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

Hedge Fund Positioning: SBSW

Statistics: SBSW

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Sibanye Stillwater Ltd (SBSW)

Welcome to 13Foresight!