Vault-13

SHINHAN FINANCIAL GROUP CO L SHG

SPN ADR RESTRD · ADR · CUSIP 824596100

Financial holding company in Seoul, South Korea

287 institutional holders +15 vs Q4 2025
22,484,47622.5m shares reported held*
$1.4bnreported value*
34 new 137 added 81 reduced 22 sold out net sold ≈ $36.9m (-606.0k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($4.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $61.27. Options: 1 managers hold calls ($374.1k notional), 0 hold puts (—).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 133Q4 22: 146Q1 23: 138Q2 23: 142Q3 23: 160Q4 23: 165Q1 24: 177Q2 24: 182Q3 24: 196Q4 24: 210Q1 25: 210Q2 25: 235Q3 25: 239Q4 25: 272Q1 26: 287287Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022133
Q4 2022146
Q1 2023138
Q2 2023142
Q3 2023160
Q4 2023165
Q1 2024177
Q2 2024182
Q3 2024196
Q4 2024210
Q1 2025210
Q2 2025235
Q3 2025239
Q4 2025272
Q1 2026287

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q2 24: 97 bought or addedQ2 24: 70 cut or sold outQ3 24: 102 bought or addedQ3 24: 80 cut or sold outQ3 24Q4 24: 93 bought or addedQ4 24: 102 cut or sold outQ1 25: 108 bought or addedQ1 25: 104 cut or sold outQ1 25Q2 25: 132 bought or addedQ2 25: 82 cut or sold outQ3 25: 129 bought or addedQ3 25: 107 cut or sold outQ3 25Q4 25: 172 bought or addedQ4 25: 76 cut or sold outQ1 26: 171 bought or addedQ1 26: 103 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20249770
Q3 202410280
Q4 202493102
Q1 2025108104
Q2 202513282
Q3 2025129107
Q4 202517276
Q1 2026171103

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100k$200k$300k$400kQ2 25 calls: $22.0kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $50.0kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $246.7kQ4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $374.1kQ1 26 puts: $0Q1 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2025$22.0k$00.00
Q3 2025$50.0k$00.00
Q4 2025$246.7k$00.00
Q1 2026$374.1k$00.00

Biggest buyers

BlackRock, Inc. Added +425,448+425.4k
AMERICAN CENTURY COMPANIES INC Added +303,964+304.0k
Capital Wealth Planning, LLC New +276,319+276.3k
GOLDMAN SACHS GROUP INC Added +198,643+198.6k
MORGAN STANLEY Added +178,860+178.9k
Qube Research & Technologies Ltd Added +176,476+176.5k
Capital World Investors New +100,608+100.6k
JANE STREET GROUP, LLC New +73,066+73.1k
Creative Planning Added +70,863+70.9k
VOLORIDGE INVESTMENT MANAGEMENT, LLC Added +51,962+52.0k

Biggest sellers

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -404,659-404.7k
CAUSEWAY CAPITAL MANAGEMENT LLC Reduced -326,220-326.2k
MARSHALL WACE, LLP Reduced -256,276-256.3k
PZENA INVESTMENT MANAGEMENT LLC Reduced -221,137-221.1k
BANK OF AMERICA CORP /DE/ Reduced -190,277-190.3k
W1M Asset Management Ltd Reduced -189,604-189.6k
Connor, Clark & Lunn Investment Management Ltd. Reduced -156,227-156.2k
Arbiter Partners Capital Management LLC Sold out -138,169-138.2k
NORTHERN TRUST CORP Reduced -119,801-119.8k
Point72 Asset Management, L.P. Sold out -109,417-109.4k

Biggest calls

CITADEL ADVISORS LLC Added $374.1k6.1k shares

Biggest puts

None

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q1 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q1 2026.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,450,3632.5m $150.3m $150.3m 0.00% Added +425.4k +425,448
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,875,2181.9m $115.0m $115.0m 0.01% Added +178.9k +178,860
3 W1M Asset Management Ltd 1.22% of their portfolio London, X0 1,823,1111.8m $111.7m $111.7m 1.22% Reduced -189.6k -189,604
4 LAZARD ASSET MANAGEMENT LLC 0.17% of their portfolio NEW YORK, NY 1,664,9891.7m $102.1m $102.1m 0.17% Reduced -6.2k -6,195
5 AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio KANSAS CITY, MO 1,536,4441.5m $94.2m $94.2m 0.05% Added +304.0k +303,964
6 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 1,423,4631.4m $87.3m $87.3m 0.02% Reduced -92.6k -92,631
7 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,354,4341.4m $83.1m $83.1m 0.01% Reduced -119.8k -119,801
8 PZENA INVESTMENT MANAGEMENT LLC 0.14% of their portfolio NEW YORK, NY 690,651690.7k $42.4m $42.4m 0.14% Reduced -221.1k -221,137
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 517,650517.6k $31.7m $31.7m 0.00% Reduced -190.3k -190,277
10 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio BOSTON, MA 490,158490.2k $30.1m $30.1m 0.02% Reduced -404.7k -404,659
11 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 404,485404.5k $24.8m $24.8m 0.00% Added +198.6k +198,643
12 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 303,665303.7k $18.6m $18.6m 0.00% First filing
13 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 301,441301.4k $18.5m $18.5m 0.01% Added +70.9k +70,863
14 Capital Wealth Planning, LLC 0.09% of their portfolio NAPLES, FL 276,319276.3k $16.9m $16.9m 0.09% New
15 CAUSEWAY CAPITAL MANAGEMENT LLC 0.19% of their portfolio LOS ANGELES, CA 253,576253.6k $15.5m $15.5m 0.19% Reduced -326.2k -326,220
16 Ramirez Asset Management, Inc. 1.83% of their portfolio NEW YORK, NY 241,867241.9k $15.2m $15.2m 1.83% Added +19.1k +19,115
17 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 236,926236.9k $14.5m $14.5m 0.01% Reduced -35.5k -35,464
18 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 231,563231.6k $14.2m $14.2m 0.00% Added +14.7k +14,701
19 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 210,208210.2k $12.9m $12.9m 0.00% Reduced -13.0k -12,967
20 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 203,881203.9k $12.5m $12.5m 0.02% Added +176.5k +176,476
21 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.06% of their portfolio Stamford, CT 203,670203.7k $12.5m $12.5m 0.06% Added +9.6k +9,574
22 Promethos Capital, LLC 3.32% of their portfolio BOSTON, MA 201,206201.2k $12.3m $12.3m 3.32% Added +180 +180
23 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 194,412194.4k $11.6m $11.6m 0.00% Added +31.1k +31,058
24 Quantinno Capital Management LP 0.02% of their portfolio NEW YORK, NY 173,250173.2k $10.6m $10.6m 0.02% Added +50.0k +49,966
25 ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio Boston, MA 170,550170.6k $10.5m $10.5m 0.01% Added +13.2k +13,160
26 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio JUPITER, FL 161,406161.4k $9.9m $9.9m 0.04% Added +52.0k +51,962
27 Sanders Capital, LLC 0.01% of their portfolio West Palm Beach, FL 153,626153.6k $9.4m $9.4m 0.01% Reduced -3.9k -3,860
28 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 151,233151.2k $9.3m $9.3m 0.01% Reduced -3.0k -3,035
29 FMR LLC 0.00% of their portfolio BOSTON, MA 143,561143.6k $8.8m $8.8m 0.00% Added +10.9k +10,944
30 Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio VANCOUVER, A1 132,836132.8k $8.1m $8.1m 0.02% Reduced -156.2k -156,227
31 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 123,792123.8k $7.6m $7.6m 0.00% Added +12.1k +12,104
32 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 116,993117.0k $7.2m $7.2m 0.01% Reduced -86.7k -86,710
33 Clearbridge Investments, LLC 0.01% of their portfolio NEW YORK, NY 108,426108.4k $6.6m $6.6m 0.01% Reduced -2.1k -2,105
34 Vanguard Personalized Indexing Management, LLC 0.06% of their portfolio OAKLAND, CA 104,595104.6k $6.4m $6.4m 0.06% Added +12.2k +12,182
35 NewEdge Wealth, LLC 0.08% of their portfolio STAMFORD, CT 102,659102.7k $6.3m $6.3m 0.08% Added +10.1k +10,050
36 Voleon Capital Management LP 0.13% of their portfolio BERKELEY, CA 101,350101.3k $6.2m $6.2m 0.13% Reduced -33.0k -33,007
37 Capital World Investors 0.00% of their portfolio LOS ANGELES, CA 100,608100.6k $6.0m $6.0m 0.00% New
38 Vident Advisory, LLC 0.05% of their portfolio Alpharetta, GA 95,11095.1k $5.8m $5.8m 0.05% Added +12.4k +12,368
39 UBS Group AG 0.00% of their portfolio ZURICH, V8 89,99190.0k $5.5m $5.5m 0.00% Reduced -61.6k -61,622
40 Virtus Family Office LLC 4.64% of their portfolio EL PASO, TX 87,78587.8k $5.4m $5.4m 4.64% Reduced -8.6k -8,588
41 Laird Norton Wetherby Trust Company, LLC 0.11% of their portfolio Seattle, WA 82,72682.7k $5.1m $5.1m 0.11% Added +7.6k +7,584
42 RITHOLTZ WEALTH MANAGEMENT 0.09% of their portfolio NEW YORK, NY 81,01881.0k $5.0m $5.0m 0.09% Added +4.1k +4,124
43 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 74,13674.1k $4.5m $4.5m 0.00% Added +2.9k +2,874
44 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 73,06673.1k $4.5m $4.5m 0.00% New
45 QUADRANT CAPITAL GROUP LLC 0.13% of their portfolio CINCINNATI, OH 71,11871.1k $4.4m $4.4m 0.13% Reduced -970 -970
46 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 70,45170.5k $4.3m $4.3m 0.00% Added +11.3k +11,312
47 B. Metzler seel. Sohn & Co. AG 0.04% of their portfolio FRANKFURT, 2M 69,78769.8k $4.3m $4.3m 0.04% Added +4.3k +4,328
48 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 67,92067.9k $4.2m $4.2m 0.00% Reduced -18.6k -18,589
49 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 66,93166.9k $4.1m $4.1m 0.00% Added +10.4k +10,354
50 Pathstone Holdings, LLC 0.02% of their portfolio ENGLEWOOD, NJ 62,45262.5k $3.8m $3.8m 0.02% Reduced -30.8k -30,824
51 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 57,63957.6k $3.5m $3.5m 0.00% Added +8.1k +8,085
52 GABELLI FUNDS LLC 0.02% of their portfolio Rye, NY 56,27656.3k $3.5m $3.5m 0.02% Added +12.3k +12,300
53 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 56,06456.1k $3.4m $3.4m 0.00% Reduced -28.0k -27,984
54 BRANDES INVESTMENT PARTNERS, LP 0.02% of their portfolio LA JOLLA, CA 53,59253.6k $3.3m $3.3m 0.02% Reduced -7.7k -7,676
55 AMG National Trust Bank 0.07% of their portfolio GREENWOOD VILLAGE, CO 52,37452.4k $3.2m $3.2m 0.07% Added +11 +11
56 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 50,02150.0k $3.0m $3.0m 0.00% Added +4.4k +4,435
57 NATIXIS ADVISORS, LLC 0.00% of their portfolio Boston, MA 49,69349.7k $3.0m $3.0m 0.00% Added +4.0k +3,957
58 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 49,35349.4k $3.0m $3.0m 0.00% Added +3.8k +3,816
59 Orion Porfolio Solutions, LLC 0.03% of their portfolio OMAHA, NE 48,54848.5k $3.0m $3.0m 0.03% Reduced -24.0k -24,021
60 Mariner, LLC 0.00% of their portfolio Overland Park, KS 47,59747.6k $2.9m $2.9m 0.00% Added +4.8k +4,805
61 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 46,04246.0k $2.8m $2.8m 0.00% Added +6.8k +6,796
62 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 46,02946.0k $2.8m $2.8m 0.00% Added +4.6k +4,597
63 IEQ CAPITAL, LLC 0.01% of their portfolio Foster City, CA 45,35845.4k $2.8m $2.8m 0.01% Added +3.2k +3,219
64 YOUSIF CAPITAL MANAGEMENT, LLC 0.03% of their portfolio BLOOMFIELD HILLS, MI 39,45139.5k $2.4m $2.4m 0.03% Unchanged
65 Sequoia Financial Advisors, LLC 0.01% of their portfolio Akron, OH 38,00238.0k $2.3m $2.3m 0.01% Added +8.5k +8,473
66 Ethic Inc. 0.04% of their portfolio NEW YORK, NY 36,75036.8k $2.3m $2.3m 0.04% Added +4.4k +4,391
67 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 34,28634.3k $2.1m $2.1m 0.00% Added +17.8k +17,759
68 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 33,91233.9k $2.1m $2.1m 0.00% Reduced -8.7k -8,694
69 Vestmark Advisory Solutions, Inc. 0.02% of their portfolio Wakefield, MA 33,82333.8k $2.1m $2.1m 0.02% Reduced -9.2k -9,246
70 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 33,82033.8k $2.1m $2.1m 0.00% Added +2.3k +2,253
71 Ballentine Partners, LLC 0.03% of their portfolio Waltham, MA 33,73733.7k $2.1m $2.1m 0.03% Added +6.6k +6,596
72 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 33,72133.7k $2.1m $2.1m 0.00% Reduced -256.3k -256,276
73 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 33,55733.6k $2.1m $2.1m 0.00% Added +1.9k +1,861
74 DGS Capital Management, LLC 0.33% of their portfolio JERSEY CITY, NJ 32,29332.3k $2.0m $2.0m 0.33% Added +2.0k +2,037
75 EFG International AG 0.04% of their portfolio Zurich, V8 29,63329.6k $1.8m $1.8m 0.04% Reduced -5.7k -5,667
76 Frank, Rimerman Advisors LLC 0.12% of their portfolio Palo Alto, CA 29,48529.5k $1.8m $1.8m 0.12% Added +5.3k +5,273
77 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 29,37329.4k $1.8m $1.8m 0.00% Added +1.4k +1,379
78 SIGNATUREFD, LLC 0.03% of their portfolio ATLANTA, GA 29,06129.1k $1.8m $1.8m 0.03% Added +1.0k +1,043
79 NATURAL INVESTMENTS, LLC 0.44% of their portfolio WINDSOR, CA 28,94728.9k $1.8m $1.8m 0.44% Added +73 +73
80 Capital Research Global Investors 0.00% of their portfolio Los Angeles, CA 28,78228.8k $1.7m $1.7m 0.00% Reduced -42.4k -42,351
81 Calamos Advisors LLC 0.01% of their portfolio NAPERVILLE, IL 28,26828.3k $1.7m $1.7m 0.01% Reduced -64 -64
82 Vise Technologies, Inc. 0.03% of their portfolio NEW YORK, NY 27,73527.7k $1.5m $1.5m 0.03% Unchanged
83 Crossmark Global Holdings, Inc. 0.03% of their portfolio HOUSTON, TX 27,68327.7k $1.7m $1.7m 0.03% Added +4.4k +4,404
84 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 26,32526.3k $1.6m $1.6m 0.00% Reduced -19.5k -19,493
85 Grantham, Mayo, Van Otterloo & Co. LLC 0.00% of their portfolio Boston, MA 26,20526.2k $1.6m $1.6m 0.00% Unchanged
86 PCM Encore, LLC 0.33% of their portfolio Aspen, CO 26,14026.1k $1.6m $1.6m 0.33% Added +1.2k +1,178
87 OVERSEA-CHINESE BANKING Corp Ltd 0.05% of their portfolio SINGAPORE, U0 25,74025.7k $1.6m $1.6m 0.05% Added +3.7k +3,724
88 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 24,60124.6k $1.5m $1.5m 0.00% Reduced -4.5k -4,516
89 MAVERICK CAPITAL LTD 0.02% of their portfolio DALLAS, TX 23,80423.8k $1.5m $1.5m 0.02% Added +9.7k +9,733
90 Callan Family Office, LLC 0.03% of their portfolio RADNOR, PA 22,83822.8k $1.4m $1.4m 0.03% Added +2.8k +2,778
91 Blue Trust, Inc. 0.02% of their portfolio BRENTWOOD, TN 22,50622.5k $1.4m $1.4m 0.02% Reduced -7.0k -6,957
92 QRG CAPITAL MANAGEMENT, INC. 0.01% of their portfolio BERWYN, PA 22,05722.1k $1.4m $1.4m 0.01% Added +5.2k +5,178
93 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio Boston, MA 21,88821.9k $1.3m $1.3m 0.00% Added +14.6k +14,569
94 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 21,26621.3k $1.3m $1.3m 0.00% Reduced -27.2k -27,171
95 Abacus Wealth Partners, LLC 0.11% of their portfolio SANTA MONICA, CA 20,12720.1k $1.2m $1.2m 0.11% Added +944 +944
96 Bleakley Financial Group, LLC 0.02% of their portfolio PARSIPPANY, NJ 20,07820.1k $1.2m $1.2m 0.02% Added +2.4k +2,396
97 Y-Intercept (Hong Kong) Ltd 0.02% of their portfolio HONG KONG, K3 19,74319.7k $1.2m $1.2m 0.02% Reduced -13.1k -13,069
98 Brooklyn Investment Group 0.04% of their portfolio NEW YORK, NY 18,88618.9k $1.2m $1.2m 0.04% Added +9.7k +9,663
99 Legacy Wealth Asset Management, LLC 0.28% of their portfolio WOODBURY, MN 18,70818.7k $1.1m $1.1m 0.28% Added +758 +758
100 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 18,54418.5k $1.1m $1.1m 0.00% Reduced -16.4k -16,428