Vault-13

SHYFT GROUP INC SPAR

COM · Common Stock · CUSIP 825698103 · ISIN US8256981031

181 institutional holders +3 vs Q2 2023
29,283,52929.3m shares reported held*
$438.4mreported value*
29 new 74 added 49 reduced 25 sold out net sold ≈ $2.0m (-133.1k 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 ($61.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $14.97. Options: 3 managers hold calls ($570.4k notional), 3 hold puts ($654.2k).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 178Q4 22: 182Q1 23: 186Q2 23: 178Q3 23: 181181Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022178
Q4 2022182
Q1 2023186
Q2 2023178
Q3 2023181

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 82 bought or addedQ4 22: 76 cut or sold outQ4 22Q1 23: 83 bought or addedQ1 23: 74 cut or sold outQ1 23Q2 23: 77 bought or addedQ2 23: 80 cut or sold outQ2 23Q3 23: 103 bought or addedQ3 23: 74 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20228276
Q1 20238374
Q2 20237780
Q3 202310374

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ4 22 calls: $74.2kQ4 22 puts: $37.3kQ4 22P/C 0.50Q1 23 calls: $395.6kQ1 23 puts: $61.4kQ1 23P/C 0.16Q2 23 calls: $136.1kQ2 23 puts: $33.1kQ2 23P/C 0.24Q3 23 calls: $570.4kQ3 23 puts: $654.2kQ3 23P/C 1.15
Numbers
QuarterCallsPutsP/C
Q4 2022$74.2k$37.3k0.50
Q1 2023$395.6k$61.4k0.16
Q2 2023$136.1k$33.1k0.24
Q3 2023$570.4k$654.2k1.15

Biggest buyers

D. E. Shaw & Co., Inc. Added +467,483+467.5k
ALLIANCEBERNSTEIN L.P. Added +375,377+375.4k
MORGAN STANLEY Added +369,877+369.9k
CITADEL ADVISORS LLC Added +368,753+368.8k
SCHWERIN BOYLE CAPITAL MANAGEMENT INC Added +362,100+362.1k
AQR CAPITAL MANAGEMENT LLC Added +308,881+308.9k
JACOBS LEVY EQUITY MANAGEMENT, INC New +286,690+286.7k
FIRST TRUST ADVISORS LP Added +283,456+283.5k
Zuckerman Investment Group, LLC Added +255,946+255.9k
Medina Value Partners, LLC New +255,512+255.5k

Biggest sellers

JANUS HENDERSON GROUP PLC Reduced -1,204,661-1.2m
Summit Creek Advisors LLC Sold out -714,934-714.9k
Driehaus Capital Management LLC Sold out -542,181-542.2k
HighTower Advisors, LLC Sold out -423,939-423.9k
Ziegler Capital Management, LLC Sold out -385,691-385.7k
Tabor Asset Management, LP Reduced -359,801-359.8k
RK Capital Management, LLC Sold out -292,700-292.7k
HEARTLAND ADVISORS INC Reduced -254,700-254.7k
Nuveen Asset Management, LLC Reduced -224,904-224.9k
MILLENNIUM MANAGEMENT LLC Reduced -199,763-199.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $318.9k21.3k shares
CITADEL ADVISORS LLC Added $251.5k16.8k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $503.0k33.6k shares
CITADEL ADVISORS LLC Added $151.2k10.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
T. Rowe Price Investment Management, Inc. 13G · institution +1.2 pts · filed 2025-05-07 10.6% +1.2 pts 3.7m 2025-05-07
PZENA INVESTMENT MANAGEMENT LLC 13G · institution +1.2 pts · filed 2025-07-03 10.2% +1.2 pts 3.6m 2025-07-03
BlackRock, Inc. 13G · institution filed 2025-04-24 7.0% 2.4m 2025-04-24

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.00% of their portfolio New York, NY 2,397,6922.4m $35.9m $35.9m 0.00% Reduced -88.3k -88,260
2 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 2,237,7602.2m $33.5m $33.5m 0.01% Added +375.4k +375,377
3 T. Rowe Price Investment Management, Inc. 0.02% of their portfolio BALTIMORE, MD 1,778,1651.8m $26.6m $26.6m 0.02% Added +174.5k +174,542
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,739,0761.7m $26.0m $26.0m 0.00% Added +28.2k +28,179
5 GW&K Investment Management, LLC 0.23% of their portfolio BOSTON, MA 1,496,5621.5m $22.4m $22.4m 0.23% Reduced -19.3k -19,257
6 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 1,160,4291.2m $17.4m $17.4m 0.01% Reduced -79.2k -79,231
7 Zuckerman Investment Group, LLC 2.42% of their portfolio CHICAGO, IL 1,131,4231.1m $16.9m $16.9m 2.42% Added +255.9k +255,946
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,088,4351.1m $16.3m $16.3m 0.00% Added +369.9k +369,877
9 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 829,522829.5k $12.4m $12.4m 0.02% Added +467.5k +467,483
10 Aberdeen Group plc 0.03% of their portfolio EDINBURGH, X0 812,156812.2k $12.2m $12.2m 0.03% Reduced -175.4k -175,400
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 705,735705.7k $10.6m $10.6m 0.00% Added +3.6k +3,606
12 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 685,638685.6k $10.3m $10.3m 0.00% Added +11.0k +10,980
13 ROYCE & ASSOCIATES LP 0.10% of their portfolio New York, NY 650,779650.8k $9.7m $9.7m 0.10% Added +63.1k +63,089
14 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 645,999646.0k $9.7m $9.7m 0.01% Added +283.5k +283,456
15 SCHWERIN BOYLE CAPITAL MANAGEMENT INC 1.02% of their portfolio SPRINGFIELD, MA 582,657582.7k $8.7m $8.7m 1.02% Added +362.1k +362,100
16 Orchard Capital Management, LLC 2.88% of their portfolio CHICAGO, IL 519,979520.0k $7.8m $7.8m 2.88% Added +205.1k +205,083
17 CENTAURUS FINANCIAL, INC. 0.66% of their portfolio ANAHEIM, CA 510,717510.7k $7.6m $7.6m 0.66% Added +93.8k +93,831
18 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 467,214467.2k $7.0m $7.0m 0.01% Added +368.8k +368,753
19 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 444,953445.0k $6.7m $6.7m 0.00% Added +49.6k +49,649
20 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 365,955366.0k $5.5m $5.5m 0.01% Added +119.6k +119,573
21 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 330,563330.6k $4.9m $4.9m 0.00% Reduced -33.1k -33,120
22 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 329,043329.0k $4.9m $4.9m 0.01% Added +308.9k +308,881
23 First Eagle Investment Management, LLC 0.01% of their portfolio NEW YORK, NY 302,346302.3k $4.5m $4.5m 0.01% Added +160.7k +160,687
24 HEARTLAND ADVISORS INC 0.25% of their portfolio MILWAUKEE, WI 300,000300.0k $4.5m $4.5m 0.25% Reduced -254.7k -254,700
25 JACOBS LEVY EQUITY MANAGEMENT, INC 0.03% of their portfolio FLORHAM PARK, NJ 286,690286.7k $4.3m $4.3m 0.03% New
26 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 281,145281.1k $4.2m $4.2m 0.01% Added +170.2k +170,221
27 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 265,255265.3k $4.0m $4.0m 0.00% Reduced -586 -586
28 NORGES BANK 0.00% of their portfolio OSLO, Q8 262,000262.0k $3.9m $3.9m 0.00% Added +134.2k +134,200
29 GAMCO INVESTORS, INC. ET AL 0.05% of their portfolio GREENWICH, CT 261,000261.0k $3.9m $3.9m 0.05% Reduced -13.0k -13,000
30 Medina Value Partners, LLC 2.47% of their portfolio LOS ANGELES, CA 255,512255.5k $3.8m $3.8m 2.47% New
31 KIRR MARBACH & CO LLC /IN/ 0.98% of their portfolio COLUMBUS, IN 231,088231.1k $3.5m $3.5m 0.98% Added +1.9k +1,907
32 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 218,862218.9k $3.3m $3.3m 0.00% Added +459 +459
33 Foundry Partners, LLC 0.20% of their portfolio MINNEAPOLIS, MN 215,740215.7k $3.2m $3.2m 0.20% Added +30.4k +30,395
34 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 199,075199.1k $3.0m $3.0m 0.01% Added +35.0k +35,000
35 Olstein Capital Management, L.P. 0.49% of their portfolio Purchase, NY 190,000190.0k $2.8m $2.8m 0.49% Added +70.0k +70,000
36 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 180,474180.5k $2.7m $2.7m 0.00% Added +139.4k +139,400
37 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 174,929174.9k $2.6m $2.6m 0.01% Reduced -10.6k -10,642
38 MARATHON CAPITAL MANAGEMENT 0.63% of their portfolio Hunt Valley, MD 167,446167.4k $2.5m $2.5m 0.63% Added +17.1k +17,135
39 Allspring Global Investments Holdings, LLC 0.00% of their portfolio CHARLOTTE, NC 166,310166.3k $2.5m $2.5m 0.00% Reduced -92.4k -92,351
40 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 158,280158.3k $2.4m $2.4m 0.00% Added +15.9k +15,941
41 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 156,663156.7k $2.3m $2.3m 0.01% Reduced -43.8k -43,849
42 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 153,097153.1k $2.3m $2.3m 0.01% Added +14.3k +14,325
43 Tabor Asset Management, LP 1.20% of their portfolio NEW YORK, NY 152,779152.8k $2.3m $2.3m 1.20% Reduced -359.8k -359,801
44 CONNORS INVESTOR SERVICES INC 0.28% of their portfolio WYOMISSING, PA 152,047152.0k $2.3m $2.3m 0.28% Added +43.8k +43,783
45 Cubist Systematic Strategies, LLC 0.03% of their portfolio STAMFORD, CT 150,379150.4k $2.3m $2.3m 0.03% Added +18.0k +17,960
46 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 131,246131.2k $2.0m $2.0m 0.00% Reduced -199.8k -199,763
47 ISTHMUS PARTNERS, LLC 0.26% of their portfolio MADISON, WI 122,153122.2k $1.8m $1.8m 0.26% Added +40.5k +40,476
48 ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio Boston, MA 121,617121.6k $1.8m $1.8m 0.01% New
49 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 114,849114.8k $1.7m $1.7m 0.00% Added +32.6k +32,626
50 Manatuck Hill Partners, LLC 0.85% of their portfolio WESTPORT, CT 113,700113.7k $1.7m $1.7m 0.85% Reduced -5.6k -5,570
51 Numerai GP LLC 0.55% of their portfolio SAN FRANCISCO, CA 110,736110.7k $1.7m $1.7m 0.55% New
52 WESBANCO BANK INC 0.07% of their portfolio WHEELING, WV 101,496101.5k $1.5m $1.5m 0.07% Added +17.8k +17,770
53 Knights of Columbus Asset Advisors LLC 0.13% of their portfolio NEW HAVEN, CT 98,54498.5k $1.5m $1.5m 0.13% Added +21.3k +21,325
54 KENNEDY CAPITAL MANAGEMENT LLC 0.03% of their portfolio ST LOUIS, MO 92,57192.6k $1.4m $1.4m 0.03% Added +77.6k +77,559
55 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 91,83291.8k $1.4m $1.4m 0.00% Reduced -224.9k -224,904
56 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 91,24891.2k $1.4m $1.4m 0.00% New
57 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 89,19989.2k $1.3m $1.3m 0.00% Reduced -29.3k -29,277
58 RICE HALL JAMES & ASSOCIATES, LLC 0.08% of their portfolio San Diego, CA 83,25883.3k $1.2m $1.2m 0.08% Added +228 +228
59 Keeley-Teton Advisors, LLC 0.16% of their portfolio Chicago, IL 78,35778.4k $1.2m $1.2m 0.16% Unchanged
60 GABELLI FUNDS LLC 0.01% of their portfolio Rye, NY 75,00075.0k $1.1m $1.1m 0.01% Unchanged
61 Swiss National Bank 0.00% of their portfolio ZURICH, V8 72,90072.9k $1.1m $1.1m 0.00% Added +1.0k +1,000
62 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 66,82666.8k $1.0m $1.0m 0.00% Reduced -7.0k -7,020
63 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 64,25064.2k $961.8k $961.8k 0.00% Added +32.3k +32,269
64 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 58,07258.1k $869.0k $869.0k 0.00% Added +800 +800
65 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 54,56954.6k $816.9k $816.9k 0.00% Added +1.7k +1,718
66 NJ State Employees Deferred Compensation Plan 0.12% of their portfolio TRENTON, NJ 52,00052.0k $778.4k $778.4k 0.12% Unchanged
67 GSA CAPITAL PARTNERS LLP 0.06% of their portfolio LONDON, X0 46,62246.6k $698.0k $698.0k 0.06% Added +33.0k +33,034
68 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 45,93145.9k $687.6k $687.6k 0.00% Added +52 +52
69 Engineers Gate Manager LP 0.02% of their portfolio NEW YORK, NY 42,88042.9k $641.9k $641.9k 0.02% Added +5.9k +5,936
70 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 42,49442.5k $636.1k $636.1k 0.00% Added +4.0k +3,972
71 Perritt Capital Management Inc 0.36% of their portfolio Chicago, IL 41,16341.2k $616.2k $616.2k 0.36% Reduced -9.0k -9,000
72 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 40,97041.0k $613.3k $613.3k 0.00% Added +610 +610
73 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 39,72139.7k $594.6k $594.6k 0.00% Reduced -1.5k -1,469
74 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 38,59938.6k $577.8k $577.8k 0.00% Reduced -25.0k -25,045
75 Pacific Ridge Capital Partners, LLC 0.13% of their portfolio LAKE OSWEGO, OR 37,57037.6k $562.4k $562.4k 0.13% Reduced -160 -160
76 Aigen Investment Management, LP 0.10% of their portfolio NEW YORK, NY 37,20837.2k $557.0k $557.0k 0.10% New
77 Jump Financial, LLC 0.02% of their portfolio Chicago, IL 36,92536.9k $552.8k $552.8k 0.02% Added +1.6k +1,579
78 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 36,87336.9k $552.0k $552.0k 0.00% Reduced -3.7k -3,732
79 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 35,83735.8k $536.5k $536.5k 0.00% Reduced -3.9k -3,904
80 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 35,75535.8k $535.3k $535.3k 0.00% Added +17.6k +17,575
81 Legal & General Group Plc 0.00% of their portfolio London, X0 35,46235.5k $530.9k $530.9k 0.00% Added +7.1k +7,061
82 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 34,60734.6k $518.1k $518.1k 0.00% New
83 ExodusPoint Capital Management, LP 0.01% of their portfolio NEW YORK, NY 33,68033.7k $504.0k $504.0k 0.01% Reduced -63.5k -63,529
84 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 31,93131.9k $477.0k $477.0k 0.00% Added +20.6k +20,562
85 Quadrature Capital Ltd 0.01% of their portfolio LONDON, X0 31,78931.8k $475.6k $475.6k 0.01% Added +8.4k +8,443
86 ALGERT GLOBAL LLC 0.02% of their portfolio SAN FRANCISCO, CA 30,62030.6k $458.4k $458.4k 0.02% New
87 North Star Investment Management Corp. 0.04% of their portfolio CHICAGO, IL 30,08030.1k $450.3k $450.3k 0.04% Unchanged
88 Exchange Capital Management, Inc. 0.08% of their portfolio Ann Arbor, MI 30,00030.0k $449.1k $449.1k 0.08% Unchanged
89 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 26,44726.4k $395.9k $395.9k 0.00% Reduced -36.0k -35,960
90 UBS Group AG 0.00% of their portfolio ZURICH, V8 26,13026.1k $391.2k $391.2k 0.00% Reduced -3.6k -3,584
91 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 25,57125.6k $383.0k $383.0k 0.00% Added +550 +550
92 Azimuth Capital Investment Management LLC 0.02% of their portfolio BLOOMFIELD HILLS, MI 25,50025.5k $381.7k $381.7k 0.02% New
93 Dynamic Technology Lab Private Ltd 0.04% of their portfolio SINGAPORE, U0 25,07025.1k $375.0k $375.0k 0.04% Reduced -17.3k -17,259
94 SHELL ASSET MANAGEMENT CO 0.02% of their portfolio THE HAGUE, P7 24,88024.9k $372.0k $372.0k 0.02% Added +15.0k +15,032
95 EXCHANGE TRADED CONCEPTS, LLC 0.01% of their portfolio Oklahoma City, OK 24,44824.4k $366.0k $366.0k 0.01% New
96 BAILARD, INC. 0.01% of their portfolio Foster City, CA 23,93223.9k $358.3k $358.3k 0.01% Reduced -920 -920
97 Quantbot Technologies LP 0.02% of their portfolio NEW YORK, NY 23,88523.9k $357.6k $357.6k 0.02% New
98 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 23,78623.8k $356.1k $356.1k 0.00% Added +2.4k +2,425
99 PUTNAM INVESTMENTS LLC 0.00% of their portfolio BOSTON, MA 23,34523.3k $349.5k $349.5k 0.00% Added +8.8k +8,758
100 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 22,96023.0k $343.7k $343.7k 0.00% Reduced -253 -253